BSE:538795

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Shree Ajit Pulp and Paper

Executive Summary

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


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

538795IndustryMarket
7 Day-1.4%2.7%1.1%
30 Day12.1%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 Year106.2%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

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

NamePositionTenureCompensationOwnership
Gautam Shah
Chairman & MD15yrs₹18.03m19.88% 167.2m
Bela Shah
CFO & Executive Director5.42yrs₹18.06m7.23% 60.8m
Rakesh Kumawat
Compliance Officer & Company Secretary4.33yrs₹586.00kno data
Varun Shah
Technical Managerno datano data7.98% 67.1m

4.3yrs

Average Tenure

Experienced Management: 538795's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gautam Shah
Chairman & MD15yrs₹18.03m19.88% 167.2m
Bela Shah
CFO & Executive Director5.42yrs₹18.06m7.23% 60.8m
Laxminarayan Garg
Independent Non-Executive Director6.75yrs₹85.00kno data
Darshak Shah
Independent Non-Executive Director6yrs₹70.00kno data
Nawal kishor Modi
Independent Non-Executive Director4.58yrs₹45.00kno data
Devashri Shah
Additional Non-Executive Director0.33yrno data2.27% 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

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 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 12:45
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.