Shree Ajit Pulp and Paper
Market Cap
₹841.0m
Last Updated
2020/07/11 12:45 UTC
Data Sources
Company Financials
Executive Summary
Shree Ajit Pulp and Paper Limited manufactures and sells kraft paper in India.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
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
Stable Share Price: 538795 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.4%
538795
2.7%
IN Forestry
1.1%
IN Market
1 Year Return
-21.5%
538795
-40.7%
IN Forestry
-6.0%
IN Market
Return vs Industry: 538795 exceeded the Indian Forestry industry which returned -40.7% over the past year.
Return vs Market: 538795 underperformed the Indian Market which returned -6% over the past year.
Shareholder returns
| 538795 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 2.7% | 1.1% |
| 30 Day | 12.1% | 8.5% | 6.2% |
| 90 Day | -10.5% | 10.2% | 18.2% |
| 1 Year | -21.1%-21.5% | -24.7%-40.7% | -4.1%-6.0% |
| 3 Year | -22.0%-22.9% | -38.6%-53.5% | 0.2%-4.5% |
| 5 Year | 106.2%102.2% | 5.5%-23.5% | 24.5%14.9% |
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 compared to its fair value and its price relative to the market?
4.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 538795 (₹157) is trading above our estimate of fair value (₹78.49)
Significantly Below Fair Value: 538795 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 538795 is good value based on its PE Ratio (4.2x) compared to the IN Forestry industry average (7.8x).
PE vs Market: 538795 is good value based on its PE Ratio (4.2x) compared to the Indian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 538795's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 538795 is good value based on its PB Ratio (0.6x) compared to the IN Forestry industry average (0.7x).
Next Steps
Future Growth
How is Shree Ajit Pulp and 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 Shree Ajit Pulp and 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
- Examine whether Shree Ajit Pulp and Paper is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Shree Ajit Pulp and Paper competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Shree Ajit Pulp and Paper performed over the past 5 years?
20.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 538795 has high quality earnings.
Growing Profit Margin: 538795's current net profit margins (8.3%) are lower than last year (8.9%).
Past Earnings Growth Analysis
Earnings Trend: 538795's earnings have grown significantly by 20.3% per year over the past 5 years.
Accelerating Growth: 538795's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 538795 had negative earnings growth (-16.7%) over the past year, making it difficult to compare to the Forestry industry average (-10.5%).
Return on Equity
High ROE: 538795's Return on Equity (13.9%) is considered low.
Next Steps
Financial Health
How is Shree Ajit Pulp and Paper's financial position?
Financial Position Analysis
Short Term Liabilities: 538795's short term assets (₹636.2M) exceed its short term liabilities (₹277.8M).
Long Term Liabilities: 538795's short term assets (₹636.2M) exceed its long term liabilities (₹393.9M).
Debt to Equity History and Analysis
Debt Level: 538795's debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 538795's debt to equity ratio has reduced from 53.7% to 17.8% over the past 5 years.
Debt Coverage: 538795's debt is well covered by operating cash flow (125.9%).
Interest Coverage: 538795's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Shree Ajit Pulp and Paper current dividend yield, its reliability and sustainability?
0.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 538795's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.69%).
High Dividend: 538795's dividend (0.48%) is low compared to the top 25% of dividend payers in the Indian market (2.73%).
Stability and Growth of Payments
Stable Dividend: 538795's dividends per share have been stable in the past 10 years.
Growing Dividend: 538795's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (2%), 538795's dividend payments are thoroughly 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?
4.3yrs
Average management tenure
CEO
Gautam Shah (56yo)
15yrs
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
Compensation vs Market: Gautam's total compensation ($USD239.91K) is above average for companies of similar size in the Indian market ($USD48.72K).
Compensation vs Earnings: Gautam's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 15yrs | ₹18.03m | 19.88% ₹167.2m | |
| CFO & Executive Director | 5.42yrs | ₹18.06m | 7.23% ₹60.8m | |
| Compliance Officer & Company Secretary | 4.33yrs | ₹586.00k | no data | |
| Technical Manager | no data | no data | 7.98% ₹67.1m |
4.3yrs
Average Tenure
Experienced Management: 538795's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 15yrs | ₹18.03m | 19.88% ₹167.2m | |
| CFO & Executive Director | 5.42yrs | ₹18.06m | 7.23% ₹60.8m | |
| Independent Non-Executive Director | 6.75yrs | ₹85.00k | no data | |
| Independent Non-Executive Director | 6yrs | ₹70.00k | no data | |
| Independent Non-Executive Director | 4.58yrs | ₹45.00k | no data | |
| Additional Non-Executive Director | 0.33yr | no data | 2.27% ₹19.1m |
5.7yrs
Average Tenure
55yo
Average Age
Experienced Board: 538795's board of directors are considered experienced (5.7 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: ₹841.002m
- Shares outstanding: 5.36m
- Website: https://www.shreeajit.com
Number of Employees
Location
- Shree Ajit Pulp and Paper Limited
- Survey No. 239
- Near Morai Railway Crossing
- Vapi
- Gujarat
- 396191
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 538795 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Nov 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 e-flute, etc. as packaging material. It serves textiles, automobiles, appliances and consumer durables, foods and beverages, and fruits and vegetables, and pharmaceutical industries, as well as box manufacturing vendors. The company was founded in 1995 and is based in Vapi, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/11 12:45 |
| End of Day Share Price | 2020/07/10 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.