Price Target Changed • May 25
Price target increased by 7.3% to ₹516 Up from ₹481, the current price target is an average from 2 analysts. New target price is 31% above last closing price of ₹393. Stock is up 6.0% over the past year. The company is forecast to post earnings per share of ₹38.45 for next year compared to ₹14.66 last year. Reported Earnings • May 19
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: ₹14.66 (down from ₹24.19 in FY 2025). Revenue: ₹71.4b (up 7.6% from FY 2025). Net income: ₹2.66b (down 35% from FY 2025). Profit margin: 3.7% (down from 6.2% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • May 08
JK Paper Limited to Report Q4, 2026 Results on May 18, 2026 JK Paper Limited announced that they will report Q4, 2026 results at 3:30 PM, Indian Standard Time on May 18, 2026 Buy Or Sell Opportunity • Apr 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to ₹384. The fair value is estimated to be ₹318, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 45%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 275% in the next 2 years. Reported Earnings • Feb 06
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: ₹1.61 (down from ₹3.86 in 3Q 2025). Revenue: ₹17.8b (up 9.2% from 3Q 2025). Net income: ₹274.0m (down 58% from 3Q 2025). Profit margin: 1.5% (down from 4.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Duyuru • Jan 22
JK Paper Limited to Report Q3, 2026 Results on Feb 05, 2026 JK Paper Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 05, 2026 Major Estimate Revision • Nov 13
Consensus EPS estimates increase by 37% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₹69.9b to ₹71.5b. EPS estimate increased from ₹24.70 to ₹33.80 per share. Net income forecast to grow 142% next year vs 50% growth forecast for Forestry industry in India. Consensus price target of ₹461 unchanged from last update. Share price was steady at ₹384 over the past week. Reported Earnings • Nov 05
Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2026 results: EPS: ₹4.42 (down from ₹7.59 in 2Q 2025). Revenue: ₹17.7b (up 5.1% from 2Q 2025). Net income: ₹747.5m (down 42% from 2Q 2025). Profit margin: 4.2% (down from 7.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) missed analyst estimates by 6.0%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 40% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Nov 04
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₹71.6b to ₹69.9b. EPS estimate also fell from ₹29.45 per share to ₹24.70 per share. Net income forecast to grow 52% next year vs 54% growth forecast for Forestry industry in India. Consensus price target of ₹461 unchanged from last update. Share price was steady at ₹386 over the past week. Duyuru • Oct 27
JK Paper Limited to Report Q2, 2026 Results on Nov 03, 2025 JK Paper Limited announced that they will report Q2, 2026 results on Nov 03, 2025 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹426, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 41x in the Forestry industry in India. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹802 per share. Duyuru • Sep 03
JK Paper Limited Approves Dividend for the Financial Year Ended March 31, 2025 JK Paper Limited in its 64th Annual General Meeting held on 1 September 2025, approved to declare a dividend of INR 5 (50%) per equity share for the financial year ended March 31, 2025. New Risk • Aug 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin). Declared Dividend • Aug 07
Dividend of ₹5.00 announced Shareholders will receive a dividend of ₹5.00. Ex-date: 18th August 2025 Payment date: 1st October 2025 Dividend yield will be 1.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 29% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 177% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Aug 05
JK Paper Limited, Annual General Meeting, Sep 01, 2025 JK Paper Limited, Annual General Meeting, Sep 01, 2025, at 12:30 Indian Standard Time. Location: p.o. central pulp mills, fort songadh, distt. tapi, gujarat 394660., tapi India Major Estimate Revision • Aug 04
Consensus EPS estimates fall by 32% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₹71.9b to ₹69.2b. EPS estimate also fell from ₹40.33 per share to ₹27.30 per share. Net income forecast to grow 66% next year vs 41% growth forecast for Forestry industry in India. Consensus price target up from ₹458 to ₹471. Share price was steady at ₹355 over the past week. Reported Earnings • Jul 30
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: ₹4.80 (down from ₹8.25 in 1Q 2025). Revenue: ₹16.7b (down 2.3% from 1Q 2025). Net income: ₹812.3m (down 42% from 1Q 2025). Profit margin: 4.9% (down from 8.2% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Duyuru • Jul 29
JK Paper Limited (BSE:532162) entered into Share Purchase agreement to acquire 65.7% stake in Borkar Packaging Pvt. Ltd. from Universal Cartons Solutions Private Limited for INR 1.7 billion. JK Paper Limited (BSE:532162) entered into Share Purchase agreement to acquire 65.7% stake in Borkar Packaging Pvt. Ltd. from Universal Cartons Solutions Private Limited for INR 1.7 billion on July 28, 2025. As part of the acquisition, JK Paper Limited will acquire 13.9 million shares in Borkar Packaging at INR 125.46 per share. The price per share is subject to adjustments. Additionally, JK Paper will acquire 6.3% stake by the way of subscription of 0.48 million fresh equity shares in Borkar Packaging. Upon completion, JK Paper will hold 72% stake in Borkar Packaging. The Acquisition of remaining 28% of equity shares in Borkar Packaging is expected to be completed within the next 4 years from the closing date.
The transaction is not subject to any governmental or regulatory approvals and has been approved by the board of directors of JK Paper Limited. The acquisition is expected to close within twelve months. Duyuru • Jul 21
JK Paper Limited to Report Q1, 2026 Results on Jul 28, 2025 JK Paper Limited announced that they will report Q1, 2026 results on Jul 28, 2025 Reported Earnings • May 21
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹24.19 (down from ₹66.22 in FY 2024). Revenue: ₹68.3b (up 2.7% from FY 2024). Net income: ₹4.10b (down 64% from FY 2024). Profit margin: 6.0% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • May 21
JK Paper Limited Recommends Dividend for the Financial Year Ended 31St March 2025 The Board of Directors of JK Paper Limited has recommended a Dividend of INR 5 /- per share (50%), amounting to INR 847 million on the Equity Share Capital for the financial year ended 31st March 2025. Duyuru • May 12
JK Paper Limited to Report Q4, 2025 Results on May 19, 2025 JK Paper Limited announced that they will report Q4, 2025 results on May 19, 2025 Price Target Changed • Mar 27
Price target decreased by 9.5% to ₹486 Down from ₹537, the current price target is an average from 3 analysts. New target price is 57% above last closing price of ₹310. Stock is down 3.9% over the past year. The company is forecast to post earnings per share of ₹26.03 for next year compared to ₹66.22 last year. Price Target Changed • Feb 11
Price target decreased by 11% to ₹504 Down from ₹567, the current price target is an average from 2 analysts. New target price is 53% above last closing price of ₹329. Stock is down 16% over the past year. The company is forecast to post earnings per share of ₹26.90 for next year compared to ₹66.22 last year. Major Estimate Revision • Feb 05
Consensus EPS estimates fall by 49% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹69.0b to ₹66.2b. EPS estimate also fell from ₹53.40 per share to ₹27.40 per share. Net income forecast to grow 53% next year vs 53% growth forecast for Forestry industry in India. Consensus price target down from ₹567 to ₹537. Share price fell 4.7% to ₹364 over the past week. Duyuru • Jan 30
JK Paper Limited (BSE:532162) agreed to acquire 65% stake in Quadragen Vethealth Private Limited for INR 3 billion. JK Paper Limited (BSE:532162) agreed to acquire 65% stake in Quadragen Vethealth Private Limited for INR 3 billion on January 29, 2025. A cash consideration valued at INR 769.23 per share will be paid by JK Paper Limited. As part of consideration, INR 2.9 billion is paid towards common equity of Quadragen Vethealth Private Limited. The consideration is subject to adjustments. For the period ending March 31, 2024, Quadragen Vethealth Private Limited reported total revenue of INR 1.52 billion. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The transaction is expected to be completed within twelve weeks of execution of a share purchase agreement. Reported Earnings • Jan 30
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: ₹3.86 (down from ₹13.88 in 3Q 2024). Revenue: ₹16.5b (down 3.0% from 3Q 2024). Net income: ₹653.9m (down 72% from 3Q 2024). Profit margin: 4.0% (down from 14% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 48%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 21
JK Paper Limited to Report Q3, 2025 Results on Jan 29, 2025 JK Paper Limited announced that they will report Q3, 2025 results on Jan 29, 2025 Duyuru • Dec 13
JK Paper Limited Appoints Pradeep Joshi as Company Secretary and Compliance Officer JK Paper Limited at its board meeting held on 13 December 2024, announced that Based on the recommendation of the Nomination & Remuneration Committee, appointment of Shri Pradeep Joshi, presently chief General Manager (company Law) of the Company, as Company Secretary with effect from 13 December 2024 and he would also be the compliance officer of the company under Regulation 5 of the Listing Regulations with effect from the same date. As Company Secretary & compliance officer, shri Pradeep Joshi has also been designated as a whole time Key Managerial Personnel (KMP) and is part of the company's senior Management with effect from the same date. Shri Pradeep Joshi is a qualified Company Secretary from Institute of Company Secretaries of India with about 25 years of experience. He is also ILB from Devi Ahilya Vishwavidyalaya, Indore, holds Diploma in Business Mana8ement from Indira Gandhi National Open University, New Delhi and a B.Sc. (Botany & Zoology) from Devi Ahilya Vishwavidyalaya, Indore. He possesses extensive experience In various areas of Secretarial, Companies Act, SEBI Regulations, Restructuring, ESG and FEMA compliances. Prior to joining the Company, he was associated with Welspun Corp. Limited as Company Secretary. He has also worked with McSure Capital Markets Limited and Rajshree Plastiwoods Limited. Major Estimate Revision • Nov 11
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹71.9b to ₹69.0b. EPS estimate also fell from ₹63.55 per share to ₹53.40 per share. Net income forecast to grow 31% next year vs 38% growth forecast for Forestry industry in India. Consensus price target of ₹567 unchanged from last update. Share price fell 6.0% to ₹429 over the past week. Reported Earnings • Nov 08
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: ₹7.59 (down from ₹17.85 in 2Q 2024). Revenue: ₹16.8b (up 2.0% from 2Q 2024). Net income: ₹1.29b (down 57% from 2Q 2024). Profit margin: 7.6% (down from 18% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.1%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year. Duyuru • Oct 25
JK Paper Limited to Report Q2, 2025 Results on Nov 04, 2024 JK Paper Limited announced that they will report Q2, 2025 results on Nov 04, 2024 Duyuru • Sep 04
JK Paper Limited Announces Director Changes JK Paper Limited at its AGM held on 3 September 2024, approved the Redesignation of Shri S.K. Roongta as an independent Director of the Company, for a term of 5 consecutive years with effect from 23 August 2024 and continuation of his appointment as an independent Director of the Company on attaining the age of 75 years and appointment of Shri R.V. Kanoria, as Non-Executive Non-independent Director of the Company, liable to retire by rotation, with effect from 4 September 2024 or conclusion of this Annual General Meeting, whichever is later. Shri Dhirendra Kumar, Director of the Company, liable to retire by rotation, and does not offer himself for
re-appointment. Duyuru • Aug 23
JK Paper Limited Announces Completion of Tenure of Independent Directors JK Paper Limited announced that Shri R.V. Kanoria and Shri Sandip Somany have completed their second term as Independent Directors of the Company on 22 August 2024 and consequently, they are not Members of the Board of Directors of the Company with effect from 23 August 2024. Declared Dividend • Aug 09
Dividend of ₹5.00 announced Shareholders will receive a dividend of ₹5.00. Ex-date: 20th August 2024 Payment date: 3rd October 2024 Dividend yield will be 1.7%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 42% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover. Duyuru • Aug 08
JK Paper Limited, Annual General Meeting, Sep 03, 2024 JK Paper Limited, Annual General Meeting, Sep 03, 2024, at 12:30 Indian Standard Time. Location: p.o.central pulp mills, fort songadh,dist.tapi, gujarat - 394660, India Reported Earnings • Jul 25
First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2025 results: EPS: ₹8.25 (down from ₹18.22 in 1Q 2024). Revenue: ₹17.1b (up 8.2% from 1Q 2024). Net income: ₹1.40b (down 55% from 1Q 2024). Profit margin: 8.2% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.6%. Earnings per share (EPS) missed analyst estimates by 46%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 16
JK Paper Limited to Report Q1, 2025 Results on Jul 24, 2024 JK Paper Limited announced that they will report Q1, 2025 results on Jul 24, 2024 Buy Or Sell Opportunity • Jul 04
Now 23% undervalued Over the last 90 days, the stock has risen 72% to ₹601. The fair value is estimated to be ₹782, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 9.1% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. New Risk • Jul 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹634, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 32x in the Forestry industry in India. Total returns to shareholders of 206% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹771 per share. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹432, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 28x in the Forestry industry in India. Total returns to shareholders of 157% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹721 per share. Price Target Changed • Jun 08
Price target increased by 16% to ₹493 Up from ₹424, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ₹406. Stock is up 25% over the past year. The company is forecast to post earnings per share of ₹67.50 for next year compared to ₹66.22 last year. Reported Earnings • May 18
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: ₹66.22 (down from ₹70.59 in FY 2023). Revenue: ₹68.9b (up 7.1% from FY 2023). Net income: ₹11.2b (down 6.2% from FY 2023). Profit margin: 16% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) missed analyst estimates by 1.6%. Revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Duyuru • May 11
JK Paper Limited to Report Q4, 2024 Results on May 16, 2024 JK Paper Limited announced that they will report Q4, 2024 results on May 16, 2024 Major Estimate Revision • Feb 14
Consensus revenue estimates decrease by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₹66.9b to ₹58.2b. EPS estimate unchanged from ₹59.20 per share at last update. Forestry industry in India expected to see average net income growth of 17% next year. Consensus price target of ₹424 unchanged from last update. Share price fell 5.5% to ₹391 over the past week. New Risk • Feb 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 09
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: ₹13.88 (down from ₹19.44 in 3Q 2023). Revenue: ₹17.1b (up 3.8% from 3Q 2023). Net income: ₹2.35b (down 29% from 3Q 2023). Profit margin: 14% (down from 20% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 09
Dividend of ₹3.50 announced Shareholders will receive a dividend of ₹3.50. Ex-date: 16th February 2024 Payment date: 8th March 2024 Dividend yield will be 1.9%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Feb 01
JK Paper Limited to Report Q3, 2024 Results on Feb 07, 2024 JK Paper Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Buy Or Sell Opportunity • Jan 23
Now 23% undervalued Over the last 90 days, the stock has risen 10.0% to ₹407. The fair value is estimated to be ₹530, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to decline by 2.3% in the next 2 years. Buying Opportunity • Jan 17
Now 22% undervalued Over the last 90 days, the stock is up 1.7%. The fair value is estimated to be ₹521, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 59%. Revenue is forecast to grow by 6.8% in 2 years. Earnings is forecast to decline by 12% in the next 2 years. Reported Earnings • Nov 04
Second quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2024 results: EPS: ₹17.85 (down from ₹19.14 in 2Q 2023). Revenue: ₹17.1b (up 3.9% from 2Q 2023). Net income: ₹3.02b (down 6.7% from 2Q 2023). Profit margin: 18% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 13% growth forecast for the Forestry industry in India. Over the last 3 years on average, earnings per share has increased by 59% per year whereas the company’s share price has increased by 62% per year. Duyuru • Oct 28
JK Paper Limited to Report Q2, 2024 Results on Nov 03, 2023 JK Paper Limited announced that they will report Q2, 2024 results on Nov 03, 2023 Duyuru • Oct 17
JK Paper Limited (BSE:532162) entered into share purchase agreement to acquire Manipal Utility Packaging Solutions Private Limited for approximately INR 800 million. JK Paper Limited (BSE:532162) entered into share purchase agreement to acquire Manipal Utility Packaging Solutions Private Limited for approximately INR 800 million on October 16, 2023. JK Paper Limited reported Total revenues of INR 1.47 billion. The transaction already received approval from acquirer board. The transaction is expected to completed within Six weeks of execution of a Share Purchase Agreement. Duyuru • Aug 24
JK Paper Limited Announces Resignation of Shailendra Swarup as Independent Director JK Paper Limited announced that Shri Shailendra Swarup (DlN: 00167799) had completed his second term as independent Director of the Company on 22nd August 2023 and consequently, he is not a Member of the Board of Directors of the Company with effect from 23'd August 2023. Upcoming Dividend • Aug 11
Upcoming dividend of ₹4.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 18 August 2023. Payment date: 01 October 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.4%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (1.0%). Price Target Changed • Jul 25
Price target decreased by 10% to ₹441 Down from ₹491, the current price target is an average from 3 analysts. New target price is 35% above last closing price of ₹326. Stock is down 1.3% over the past year. The company is forecast to post earnings per share of ₹54.60 for next year compared to ₹70.59 last year. Duyuru • Jul 18
JK Paper Limited to Report Q1, 2024 Results on Jul 24, 2023 JK Paper Limited announced that they will report Q1, 2024 results on Jul 24, 2023 Major Estimate Revision • May 22
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₹62.67 to ₹53.99 per share. Revenue forecast steady at ₹69.1b. Net income forecast to shrink 7.7% next year vs 20% growth forecast for Forestry industry in India . Consensus price target of ₹486 unchanged from last update. Share price fell 7.3% to ₹353 over the past week. Duyuru • May 17
JK Paper Limited Recommends Final Dividend for the Financial Year Ended March 31, 2023 JK Paper Limited at its board meeting held on May 16, 2023, recommended a final dividend of INR 4 (40%) per Equity Share of INR 10 eachfor the financial year ended March 31, 2023. The said dividend if declared by the Members of the Company at the upcoming Annual General Meeting (AGM), will be credited/dispatched within four weeks of the conclusion of said AGM. Upcoming Dividend • Feb 10
Upcoming dividend of ₹4.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 17 February 2023. Payment date: 07 March 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.9%). Reported Earnings • Feb 08
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: ₹19.44 (up from ₹8.87 in 3Q 2022). Revenue: ₹16.4b (up 61% from 3Q 2022). Net income: ₹3.29b (up 119% from 3Q 2022). Profit margin: 20% (up from 15% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 6.5%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 28
JK Paper Limited to Report Q3, 2023 Results on Feb 06, 2023 JK Paper Limited announced that they will report Q3, 2023 results on Feb 06, 2023 Price Target Changed • Nov 29
Price target increased to ₹501 Up from ₹441, the current price target is provided by 1 analyst. New target price is 21% above last closing price of ₹414. Stock is up 99% over the past year. The company posted earnings per share of ₹32.03 last year. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. Independent Director Harsh Neotia was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 10
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from ₹56.3b to ₹61.5b. EPS estimate increased from ₹58.25 to ₹68.70 per share. Net income forecast to grow 16% next year vs 25% growth forecast for Forestry industry in India. Consensus price target up from ₹441 to ₹451. Share price was steady at ₹404 over the past week. Buying Opportunity • Nov 07
Now 20% undervalued Over the last 90 days, the stock is up 1.3%. The fair value is estimated to be ₹494, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 9.4% in a year. Earnings is forecast to grow by 17% in the next year. Reported Earnings • Nov 05
Second quarter 2023 earnings released: EPS: ₹19.14 (vs ₹6.99 in 2Q 2022) Second quarter 2023 results: EPS: ₹19.14 (up from ₹6.99 in 2Q 2022). Revenue: ₹16.4b (up 74% from 2Q 2022). Net income: ₹3.24b (up 174% from 2Q 2022). Profit margin: 20% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Forestry industry in Asia. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 16
Upcoming dividend of ₹5.50 per share Eligible shareholders must have bought the stock before 23 August 2022. Payment date: 06 October 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (0.7%). Duyuru • Aug 13
JK Paper Limited, Annual General Meeting, Sep 06, 2022 JK Paper Limited, Annual General Meeting, Sep 06, 2022, at 12:30 Indian Standard Time. Location: P.O. Central Pulp Mills - 394660, Fort Songadh, Distt. Tapi Tapi Gujarat India Agenda: To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended 31 March 2022 and the Reports of the Auditors and Board of Directors thereon; to discuss the audited consolidated financial statements of the Company for the financial year ended 31 March 2022 and the Report of the Auditors thereon; and to declare Dividend. Major Estimate Revision • Aug 05
Consensus revenue estimates increase by 18% The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from ₹47.7b to ₹56.3b. EPS estimate increased from ₹47.10 to ₹58.25 per share. Net income forecast to grow 44% next year vs 16% growth forecast for Forestry industry in India. Consensus price target up from ₹414 to ₹441. Share price rose 10% to ₹383 over the past week. Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: ₹15.46 (vs ₹6.14 in 1Q 2022) First quarter 2023 results: EPS: ₹15.46 (up from ₹6.14 in 1Q 2022). Revenue: ₹14.7b (up 122% from 1Q 2022). Net income: ₹2.62b (up 152% from 1Q 2022). Profit margin: 18% (up from 16% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.6%, compared to a 25% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 22
JK Paper Limited to Report Q1, 2023 Results on Jul 29, 2022 JK Paper Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Major Estimate Revision • May 20
Consensus EPS estimates increase by 20% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from ₹45.4b to ₹47.7b. EPS estimate increased from ₹39.40 to ₹47.10 per share. Net income forecast to grow 47% next year vs 34% growth forecast for Forestry industry in India. Consensus price target up from ₹304 to ₹414. Share price rose 15% to ₹350 over the past week. Price Target Changed • May 16
Price target increased to ₹357 Up from ₹304, the current price target is an average from 2 analysts. New target price is 17% above last closing price of ₹305. Stock is up 104% over the past year. The company is forecast to post earnings per share of ₹57.50 for next year compared to ₹32.03 last year. Duyuru • May 14
JK Paper Ltd Recommends Dividend for the Financial Year Ended March 31, 2022 The board of directors of JK Paper Ltd. at its meeting held on May 13, 2022, recommended a dividend of INR 5.50 (55%) per equity share of INR 10 each amounting to INR 931.7 million for the financial year ended March 31, 2022. The said dividend if declared by the members of the company at the upcoming annual general meeting will be credited/despatched within three weeks of the conclusion of the said annual general meeting. Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹299, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Forestry industry in Asia. Total returns to shareholders of 156% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹453 per share. Duyuru • May 07
JK Paper Ltd to Report Q4, 2022 Results on May 13, 2022 JK Paper Ltd announced that they will report Q4, 2022 results on May 13, 2022 Buying Opportunity • May 04
Now 22% undervalued Over the last 90 days, the stock is up 46%. The fair value is estimated to be ₹446, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.4%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 83% in the next 2 years. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. Additional Independent Director Deepa Wadhwa was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 19
Now 21% undervalued Over the last 90 days, the stock is up 52%. The fair value is estimated to be ₹440, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.4%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 83% in the next 2 years. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. Additional Independent Director Deepa Wadhwa was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹266, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Forestry industry in Asia. Total returns to shareholders of 98% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹378 per share. Board Change • Mar 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. Additional Independent Director Deepa Wadhwa was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 09
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: ₹8.87 (up from ₹3.72 in 3Q 2021). Revenue: ₹10.6b (up 42% from 3Q 2021). Net income: ₹1.50b (up 128% from 3Q 2021). Profit margin: 14% (up from 8.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 18%, compared to a 24% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Reported Earnings • Oct 29
Second quarter 2022 earnings released: EPS ₹6.99 (vs ₹1.90 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹9.80b (up 54% from 2Q 2021). Net income: ₹1.18b (up 241% from 2Q 2021). Profit margin: 12% (up from 5.4% in 2Q 2021). The increase in margin was driven by higher revenue.