BSE:532162

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Executive Summary

JK Paper Limited manufactures, sells, and exports papers and boards in India, the United States, the United Kingdom, Sri Lanka, Bangladesh, Singapore, Malaysia, Africa, the Middle East, and internationally.


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has JK Paper's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532162 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.6%

532162

2.7%

IN Forestry

1.1%

IN Market


1 Year Return

-16.1%

532162

-40.7%

IN Forestry

-6.0%

IN Market

Return vs Industry: 532162 exceeded the Indian Forestry industry which returned -40.7% over the past year.

Return vs Market: 532162 underperformed the Indian Market which returned -6% over the past year.


Shareholder returns

532162IndustryMarket
7 Day1.6%2.7%1.1%
30 Day4.9%8.5%6.2%
90 Day4.8%10.2%18.2%
1 Year-10.2%-16.1%-24.7%-40.7%-4.1%-6.0%
3 Year14.2%5.1%-38.6%-53.5%0.2%-4.5%
5 Year204.2%173.8%5.5%-23.5%24.5%14.9%

Price Volatility Vs. Market

How volatile is JK Paper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is JK Paper undervalued compared to its fair value and its price relative to the market?

3.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532162 (₹101.45) is trading above our estimate of fair value (₹22.4)

Significantly Below Fair Value: 532162 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532162 is good value based on its PE Ratio (3.9x) compared to the IN Forestry industry average (7.8x).

PE vs Market: 532162 is good value based on its PE Ratio (3.9x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532162's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532162's PB Ratio (0.8x) is in line with the IN Forestry industry average.


Next Steps

Future Growth

How is JK Paper forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as JK Paper has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has JK Paper performed over the past 5 years?

35.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532162 has a high level of non-cash earnings.

Growing Profit Margin: 532162's current net profit margins (15.5%) are higher than last year (13.1%).


Past Earnings Growth Analysis

Earnings Trend: 532162 has become profitable over the past 5 years, growing earnings by 35.1% per year.

Accelerating Growth: 532162's earnings growth over the past year (11.2%) is below its 5-year average (35.1% per year).

Earnings vs Industry: 532162 earnings growth over the past year (11.2%) exceeded the Forestry industry -10.5%.


Return on Equity

High ROE: 532162's Return on Equity (19.7%) is considered low.


Next Steps

Financial Health

How is JK Paper's financial position?


Financial Position Analysis

Short Term Liabilities: 532162's short term assets (₹14.3B) exceed its short term liabilities (₹10.2B).

Long Term Liabilities: 532162's short term assets (₹14.3B) do not cover its long term liabilities (₹18.9B).


Debt to Equity History and Analysis

Debt Level: 532162's debt to equity ratio (65.1%) is considered high.

Reducing Debt: 532162's debt to equity ratio has reduced from 270.5% to 65.1% over the past 5 years.

Debt Coverage: 532162's debt is well covered by operating cash flow (36.1%).

Interest Coverage: 532162's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


Next Steps

Dividend

What is JK Paper current dividend yield, its reliability and sustainability?

3.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532162's dividend (3.94%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 532162's dividend (3.94%) is in the top 25% of dividend payers in the Indian market (2.73%)


Stability and Growth of Payments

Stable Dividend: 532162's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532162's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (15.2%), 532162's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average management tenure


CEO

Harsh Singhania (90yo)

13.5yrs

Tenure

₹259,600,000

Compensation

Mr. Harsh Pati Singhania has been Managing Director of JK Paper Ltd. since January 1, 2007. Mr. Singhania has been associated with various companies over the years and has made useful contributions with hi ...


CEO Compensation Analysis

Compensation vs Market: Harsh's total compensation ($USD3.45M) is above average for companies of similar size in the Indian market ($USD319.48K).

Compensation vs Earnings: Harsh's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Harsh Singhania
Vice Chairman & MD13.5yrs₹259.60m0.26% 46.1m
Amar Mehta
President & Director1.75yrs₹37.50mno data
V. Kumaraswamy
Chief Financial Officerno data₹31.20mno data
Deepak Gupta
Chief GM of Company Law0.17yrno datano data
Partha Biswas
Chief of Marketing & Saleno datano datano data
M. Goel
Executive Vice President (Works) of The JKPM Unitno datano datano data
N. Agarwal
Executive Vice President (Works) of The CPM Unitno datano datano data
Pramod Kapoor
Chief General Manager of Internal Auditno datano datano data
Santosh Wakhloo
Chief General Manager of Sales - PBno datano datano data

8.8yrs

Average Tenure

64yo

Average Age

Experienced Management: 532162's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Harsh Singhania
Vice Chairman & MD13.5yrs₹259.60m0.26% 46.1m
Amar Mehta
President & Director1.75yrs₹37.50mno data
Shailendra Swarup
Non Executive Independent Director7.17yrs₹1.80mno data
Arun Ram
Non Executive & Independent Director14.25yrs₹2.30mno data
Rajya Kanoria
Non Executive & Independent Director13yrs₹2.10mno data
Udayan Bose
Non Executive & Independent Director14.25yrs₹2.20mno data
Vinita Singhania
Non Executive Non-Independent Director11.17yrs₹1.90m0.42% 74.3m
Bharat Singhania
Chairman7.17yrs₹20.70m0.14% 24.9m
Mridu Dalmia
Non Executive Independent Director11.17yrs₹1.80mno data
Dhirendra Kumar
Non Executive & Non-Independent Director18.75yrs₹1.90mno data

11.2yrs

Average Tenure

76.5yo

Average Age

Experienced Board: 532162's board of directors are seasoned and experienced ( 11.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

JK Paper Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: JK Paper Limited
  • Ticker: 532162
  • Exchange: BSE
  • Founded: 1960
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: ₹17.847b
  • Shares outstanding: 175.92m
  • Website: https://www.jkpaper.com

Location

  • JK Paper Limited
  • Nehru House
  • 3rd Floor
  • New Delhi
  • Delhi
  • 110002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532162BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2000
JKPAPERNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2000

Biography

JK Paper Limited manufactures, sells, and exports papers and boards in India, the United States, the United Kingdom, Sri Lanka, Bangladesh, Singapore, Malaysia, Africa, the Middle East, and internationally. It offers a range of office documentation papers, such as photocopy and multi-purpose papers for use in desktop, inkjet and laser printers, fax machines, photocopiers, and multi-functional devices; and premium watermarked and laid-marked business stationery papers for corporate customers and individuals under the JK Evervite, JK Copier Plus, JK Copier, JK Easy Copier, JK CMax, JK Sparkle, JK Max, JK Cedar, JK Excel Bond, JK Bond, JK Ledger, and Cedar Digital brand names. The company also provides uncoated writing and printing papers, MICR cheque papers, and pulp boards, as well as bonds, ledgers, parchment grades, and maplitho papers under the JK Bond, JK MICR Cheque Paper, JK Parchment Paper, JK SS Pulpboard, JK ELEKTRA, JK FINESSE, JK LUMINA, and JK SHB brand names; and coated papers and boards under the JK Cote, JK Superkote/JK Cote Premium, and JK Cote Chromo brand names. In addition, it offers coated packaging boards for the packaging industry under the JK Ultima, JK TuffCote, JK TuffPac, JK Endura, JK IV Board, JK Club Card, JK FBL, JK Tuffpack GC 2, JK FBU, JK Induction WAD, JK CBL, JK JCC, JK PNT, and JK FSK brand names; and imported coated art papers. The company was formerly known as Central Pulp Mills Ltd. and changed its name to JK Paper Limited in May 2002. JK Paper Limited was incorporated in 1960 and is headquartered in New Delhi, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 12:38
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.