BSE:538795

Stock Analysis Report

Shree Ajit Pulp and Paper

Executive Summary

Shree Ajit Pulp and Paper Limited manufactures and sells kraft paper in India.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Shree Ajit Pulp and Paper has significant price volatility in the past 3 months.
  • Shree Ajit Pulp and Paper is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

BSE:538795

2.9%

IN Forestry

-0.7%

IN Market


1 Year Return

-40.4%

BSE:538795

-35.9%

IN Forestry

-12.1%

IN Market

538795 underperformed the Forestry industry which returned -35.9% over the past year.

538795 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

538795IndustryMarket
7 Day-0.6%2.9%-0.7%
30 Day-10.7%-3.0%-4.6%
90 Day-26.2%-8.1%-4.3%
1 Year-40.2%-40.4%-35.1%-35.9%-10.3%-12.1%
3 Year-8.1%-8.6%-2.8%-5.3%18.9%12.8%
5 Year272.7%263.4%80.8%73.2%37.6%24.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Shree Ajit Pulp and Paper undervalued based on future cash flows and its price relative to the stock market?

4.21x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Shree Ajit Pulp and Paper's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Shree Ajit Pulp and Paper's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Shree Ajit Pulp and Paper is good value based on earnings compared to the IN Forestry industry average.

Shree Ajit Pulp and Paper is good value based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Shree Ajit Pulp and Paper, we can't assess if its growth is good value.


Price Based on Value of Assets

Shree Ajit Pulp and Paper is good value based on assets compared to the IN Forestry industry average.


Next Steps

Future Growth

How is Shree Ajit Pulp and Paper expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Shree Ajit Pulp and Paper is high growth as no revenue estimate data is available.

Shree Ajit Pulp and Paper's earnings are expected to grow by 0.9% yearly, however this is not considered high growth (20% yearly).

Unable to compare Shree Ajit Pulp and Paper's revenue growth to the India market average as no estimate data is available.

Shree Ajit Pulp and Paper's earnings growth is positive but not above the India market average.

Shree Ajit Pulp and Paper's earnings growth is positive but not above the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Shree Ajit Pulp and Paper will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Shree Ajit Pulp and Paper performed over the past 5 years?

20.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Shree Ajit Pulp and Paper has delivered over 20% year on year earnings growth in the past 5 years.

Shree Ajit Pulp and Paper's 1-year earnings growth exceeds its 5-year average (132.9% vs 20.8%)

Shree Ajit Pulp and Paper's earnings growth has exceeded the IN Forestry industry average in the past year (132.9% vs 43.2%).


Return on Equity

Shree Ajit Pulp and Paper has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Shree Ajit Pulp and Paper used its assets more efficiently than the IN Forestry industry average last year based on Return on Assets.


Return on Capital Employed

Shree Ajit Pulp and Paper's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Shree Ajit Pulp and Paper's financial position?


Financial Position Analysis

Shree Ajit Pulp and Paper is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Shree Ajit Pulp and Paper's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Shree Ajit Pulp and Paper's level of debt (30.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (62.6% vs 30.7% today).

Debt is well covered by operating cash flow (46.8%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.6x debt.


Next Steps

Dividend

What is Shree Ajit Pulp and Paper's current dividend yield, its reliability and sustainability?

0.44%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Shree Ajit Pulp and Paper before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Shree Ajit Pulp and Paper's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.63%).

Shree Ajit Pulp and Paper's dividend is below the markets top 25% of dividend payers in India (2.52%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (53.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Shree Ajit Pulp and Paper's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Gautam Shah (55yo)

14.1yrs

Tenure

₹18,033,000

Compensation

Mr. Gautam D. Shah has been the Managing Director of Shree Ajit Pulp & Paper limited since July 1, 2005 and serves as its Chief Financial Officer. Mr. Shah has been the Chairman of Shree Ajit Pulp & Paper  ...


CEO Compensation Analysis

Gautam's remuneration is higher than average for companies of similar size in India.

Gautam's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.4yrs

Average Tenure

The tenure for the Shree Ajit Pulp and Paper management team is about average.


Board Age and Tenure

5.1yrs

Average Tenure

54yo

Average Age

The tenure for the Shree Ajit Pulp and Paper board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Gautam Shah (55yo)

    Chairman & MD

    • Tenure: 14.1yrs
    • Compensation: 18.03m
  • Varun Shah

    Technical Manager

  • Bela Shah (54yo)

    CFO & Executive Director

    • Tenure: 1.3yrs
    • Compensation: 18.06m
  • Rakesh Kumawat

    Compliance Officer & Company Secretary

    • Tenure: 3.4yrs
    • Compensation: 586.00k

Board Members

  • Gautam Shah (55yo)

    Chairman & MD

    • Tenure: 5.1yrs
    • Compensation: 18.03m
  • Bela Shah (54yo)

    CFO & Executive Director

    • Tenure: 4.5yrs
    • Compensation: 18.06m
  • Laxminarayan Garg (58yo)

    Independent Non-Executive Director

    • Tenure: 5.8yrs
    • Compensation: 85.00k
  • Darshak Shah (43yo)

    Independent Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: 70.00k
  • Nawal kishor Modi (52yo)

    Independent Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: 45.00k

Company Information

Shree Ajit Pulp and Paper Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shree Ajit Pulp and Paper Limited
  • Ticker: 538795
  • Exchange: BSE
  • Founded: 1995
  • Industry: paper products
  • Sector: materials
  • Market Cap: ₹905.282m
  • Shares outstanding: 5.36m
  • Website: Click here

Number of Employees


Location

  • Shree Ajit Pulp and Paper Limited
  • Survey No. 239
  • Near Morai Railway Crossing
  • Salvav
  • Gujarat
  • 396191
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538795BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2006

Biography

Shree Ajit Pulp and Paper Limited manufactures and sells kraft paper in India. The company offers multilayer testliner and testliner paper used for making corrugated boxes, duplex cartons, corrugated small ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:45
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.