Financials JK Paper Limited NSE India S.E.

Equities

JKPAPER

INE789E01012

Paper Products

Delayed NSE India S.E. Other stock markets 23:50:22 2024-05-07 EDT			5-day change	1st Jan Change
372.6 ^INR	+0.74%		-3.01%	-8.60%

02-08	JK Paper Names Chairman	MT
02-07	JK Paper Limited Approves Interim Dividend for the Financial Year 2023-2024	CI

Valuation

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Capitalization ¹	25,393	51,532	64,635	62,628	-	-
Enterprise Value (EV) ¹	25,393	51,532	64,635	62,628	62,628	62,628
P/E ratio	10.9 x	9.5 x	5.41 x	6.15 x	5.4 x	5.33 x
Yield	-	1.81%	-	2.16%	2.43%	2.7%
Capitalization / Revenue	0.92 x	1.3 x	1 x	1 x	0.92 x	0.9 x
EV / Revenue	0.92 x	1.3 x	1 x	1 x	0.92 x	0.9 x
EV / EBITDA	4.52 x	5.17 x	3.21 x	3.78 x	3.55 x	3.56 x
EV / FCF	-	-94.2 x	4.2 x	3.24 x	8.74 x	4.62 x
FCF Yield	-	-1.06%	23.8%	30.9%	11.4%	21.6%
Price to Book	1.01 x	1.72 x	1.6 x	1.28 x	1.07 x	0.91 x
Nbr of stocks (in thousands)	169,402	169,402	169,402	169,402	-	-
Reference price ²	149.9	304.2	381.6	369.7	369.7	369.7
Announcement Date	21-05-24	22-05-13	23-05-16	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Net sales ¹	27,507	39,686	64,368	62,770	68,167	69,902
EBITDA ¹	5,618	9,973	20,118	16,548	17,666	17,606
EBIT ¹	3,875	8,654	17,300	14,671	15,692	15,546
Operating Margin	14.09%	21.81%	26.88%	23.37%	23.02%	22.24%
Earnings before Tax (EBT) ¹	3,702	7,967	16,465	13,654	15,548	15,755
Net income ¹	2,400	5,426	11,958	10,183	11,590	11,745
Net margin	8.72%	13.67%	18.58%	16.22%	17%	16.8%
EPS ²	13.73	32.03	70.59	60.10	68.40	69.30
Free Cash Flow ¹	-	-547.2	15,381	19,326	7,169	13,547
FCF margin	-	-1.38%	23.89%	30.79%	10.52%	19.38%
FCF Conversion (EBITDA)	-	-	76.45%	116.79%	40.58%	76.94%
FCF Conversion (Net income)	-	-	128.62%	189.79%	61.86%	115.34%
Dividend per Share ²	-	5.500	-	8.000	9.000	10.00
Announcement Date	21-05-24	22-05-13	23-05-16	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2021 Q4	2023 Q1	2023 Q2	2023 Q3	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	8,982	14,302	16,441	16,431	15,844	16,049	17,070	17,766
EBITDA ¹	2,284	-	-	5,655	4,772	4,446	-	3,962
EBIT	-	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-
Net income	1,358	-	-	3,293	-	3,055	2,758	-
Net margin	15.12%	-	-	20.04%	-	19.04%	16.16%	-
EPS	7.890	-	-	19.44	-	18.00	16.30	-
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	21-05-24	22-07-29	22-11-02	23-02-06	23-07-24	-	-	-

¹INR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	-547	15,381	19,326	7,169	13,547
ROE (net income / shareholders' equity)	9.83%	19.7%	34.7%	22.7%	21.4%	18.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	149.0	177.0	238.0	288.0	346.0	405.0
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	11,733	8,283	2,239	2,048	2,081	2,089
Capex / Sales	42.65%	20.87%	3.48%	3.26%	3.05%	2.99%
Announcement Date	21-05-24	22-05-13	23-05-16	-	-	-

¹INR in Million²INR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for JK Paper Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

369.7 INR

Average target price

448.7 INR

Spread / Average Target

+21.36%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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