JK Paper Ltd - Stock Valuation and Financial Performance

BSE: 532162 | NSE: JKPAPER | Paper & Paper Products | Small Cap

JK Paper Ltd Share Price

382.70 3.20 0.84%
as on 21-Feb'24 10:24

DeciZen - make an informed investing decision on JK Paper

Overall Rating
Bole Toh

1. Quality

2. Valuation


3. Price Trend

JK Paper stock performance -

mw4me loader
P/E Ratio (SA):
Market Cap:
6,428.8 Cr.
52-wk low:
52-wk high:

Is JK Paper Ltd an attractive stock to invest in?

1. Is JK Paper Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that JK Paper Ltd is a average quality company.

2. Is JK Paper Ltd undervalued or overvalued?

The key valuation ratios of JK Paper Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is JK Paper Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of JK Paper Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of JK Paper:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JK Paper Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 0.8%4.6%6.8%9.4%11.8%16.2%15.9%8.7%10.7%16.8%-
Value Creation

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,7382,1592,4372,6292,8443,2563,0542,7423,9816,2325,889
Sales YoY Gr.-24.2%12.9%7.9%8.2%14.5%-6.2%-10.2%45.2%56.6%-
Adj EPS -4.5-
YoY Gr.-NANA138.4%45.9%68.9%12.3%-32.1%58.8%75.7%-
BVPS (₹) 58.254.874.884.793.8114.5132.9153.5179.7222.8258.4
Adj Net
Cash Flow from Ops. 1302544045615559136365605991,378-
Debt/CF from Ops.


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 15.3%17%26.8%56.6%
Adj EPS NA29.2%23.7%75.7%
Share Price 29.5% 24.7% 38.9% -2.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on
Equity %
Op. Profit
Mgn %
Net Profit
Mgn %
Debt to
Working Cap
Cash Conv.

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 21.50%

Sales growth is growing at healthy rate in last 3 years 26.84%

Net Profit is growing at healthy rate in last 3 years 23.73%

Debt to equity has declined versus last 3 years average to 0.63

Sales growth is not so good in last 4 quarters at -1.99%

Latest Financials - JK Paper Ltd.

Standalone Consolidated
TTM EPS (₹) 51.7 66.5
TTM Sales (₹ Cr.) 5,889 6,660
BVPS (₹.) 258.4 286
Reserves (₹ Cr.) 4,209 4,676
P/BV 1.47 1.33
PE 7.35 5.71
From the Market
52 Week Low / High (₹) 306.60 / 452.00
All Time Low / High (₹) 13.44 / 452.50
Market Cap (₹ Cr.) 6,429
Equity (₹ Cr.) 169.4
Face Value (₹) 10
Industry PE 7.8

Management X-Ray of JK Paper:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of JK Paper

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

JK Paper Ltd Stock News

JK Paper Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of JK Paper on 21-Feb-2024 10:24 is ₹382.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Feb-2024 10:24 the market cap of JK Paper stood at ₹6,428.8.
The latest P/E ratio of JK Paper as of 21-Feb-2024 10:24 is 7.35.
The latest P/B ratio of JK Paper as of 21-Feb-2024 10:24 is 1.47.
The 52-week high of JK Paper is ₹452.0 and the 52-week low is ₹306.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JK Paper is ₹5,889 ( Cr.) .

About JK Paper Ltd

Established in 1962, JK Paper Limited is the leading player in Office papers, Coated papers and Packaging boards. The company is a part of the prominent JK Organisation. It has two integrated Pulp and Paper Mills viz; Unit JKPM at Rayagada (Odisha) near the Eastern coast of India and Unit CPM, Songadh (Gujarat) on the Western coast. In August 2018, the company has acquired Sirpur Paper Mills - located in Telangana. From being the pioneer of branded paper in India, the company today is a leading exporter of Branded Copier Papers and Packaging Boards exporting to many countries covering USA, Middle-East, South-east Asia, SAARC and African countries.

The company is accredited with ISO 45001, ISO 9001 and ISO 14001 certification, validating JK Paper’s compliance with stringent quality management norms and environment norms, respectively. The FSC certification was bestowed upon the company, which speaks volumes about JK Paper’s health & safety policies and sustainable wood procurement policies.

Business area of the company

JK Paper is one of the most respected paper companies in India today. The company’s diversified product portfolio comprises office paper, writing and printing paper to packaging board and specialty paper, among others. It enjoys a rich experience of many decades, which has enabled it to emerge as one of the biggest wood-based paper companies in India as well as a leader in the branded office paper segment.


The company offers a wide product range and its brands are synonymous with premium quality paper:

  • Office papers- JK Cedar , JK Copier, JK Easy Copier, JK Sparkle,JK Copier Plus JK Excel Bond, JK Sparkle, JK CMax, JK Max, JK Copier A5, JK Sparkle A5, JK Copier Slims.
  • Packaging boards- JK TuffCote, JK Ultima ,JK TuffPac , JK IV Board, JK Endura, JK Tuffcup.
  • Printing & Writing Papers- JK Cote , JK Ledger, JK SHB, JK Evervite, JK Finesse ,JK Elektra, JK Lumina, JK Ultraprint, JK Esay Draw, JK Buff File Board, JK Braille.
  • Speciality Papers- MICR Cheque paper, Parchment, Cedar digital, JK Envelope, JK Carry, JK Tally, JK Oleoff, JK Ecosip.

Awards and recognitions


  • Unit JKPM has been awarded the Greentech Environment Excellence Award for Outstanding achievement in Safety Management.
  • Unit JKPM has been awarded Silver Award in Paper Sector from Greentech Foundation.
  • Unit CPM has been awarded the CII National HR Excellence Award – Strong Commitment to HR Excellence, 2011.
  • Greentech Foundation CSR Gold Award - 2011.


  • Unit - JKPM has been awarded Greentech award for outstanding achievement in Safety Management.
  • Unit - JKPM has been awarded Gold award in paper sector by Greentech Foundation for Environment Management.
  • Unit - JKPM has been awarded Silver award in paper sector for CSR by Greentech Foundation.
  • Unit - CPM has been awarded the Greentech Environment Gold Award 2012 in paper sector for outstanding achievement.
  • Unit - CPM has been awarded Winner of Golden Peacock environment management Award 2012.


  • Unit - JKPM has been awarded the Green Manufacturing Excellence Award-2013 from Frost & Sullivan.
  • Unit - JKPM has been awarded Greentech Award-2013 for outstanding achievement in Safety.
  • Unit - CPM has been awarded the Greentech HR Silver Award-2013 for outstanding achievement in paper sector.
  • Unit - CPM has been awarded IPMA Award-2013 for Energy Conservation.


  • Adjudged amongst the top 5 globally for Mill Manager Award & Environment Management award by PPI in Belgium.
  • Received the ‘Par Excellence and ‘Excellence’ Awards at the National-level Quality Circle Convention on Quality Concepts in Raipur.
  • Received an award for ‘Outstanding achievement in the areas of Environment Management’ by Greentech Foundation.
  • Received an award for ‘Excellent Energy Efficient Unit’ in the paper sector during the Energy Management Summit, 2016.


  • Best performance award at the Krushi and Pranisampad Mahostav by the Rayagada district administration.
  • Best performance award on CSR by the National Board of Workers Education & Development.
  • The Federation of Indian Chambers of Commerce and Industry (FICCI) appreciation certificate for being a socially responsible corporate.
  • The Odisha CSR Forum acknowledged Sparsh’s work by presenting the CSR Excellence award for sustainable livelihoods.


  • Received the Best Performance Award at the Krushi and Pranisampad Mahostav from the Rayagada district administration.
  • Received the Best Performance Award (Corporate Social Responsibility) from the Central Board for Workers Education.
  • Received a Certificate of Appreciation for being a socially-responsible corporate from the Federation of Indian Chambers of Commerce and Industry.
  • Received the CSR Excellence Award from the Odisha CSR Forum in acknowledgement of Sparsh’s work in the area of sustainable livelihood creation.


  • During the year under review, South Gujarat Chamber of Commerce & Industries (SGCCI) awarded JK Paper with 'Outstanding achievement in social welfare'.
  • JK Paper featured in the Economic Times CSR compendium 2020.
  • JK Paper was recognised for their commendable work as a socially responsible company in the18th FICCI Corporate Social Responsibility Awards.


  • 1938: Started manufacturing straw boards at Bhopal with a capacity of 3,600 tonnes per annum.
  • 1962: Installed the first fine paper machine at Unit - JKPM (Odisha).
  • 1992: Acquired Unit - CPM (Gujarat).
  • 2005: Commissioned a coating plant at Unit - JKPM (Odisha).
  • 2007: Commissioned a premium packaging board plant at Unit - CPM (Gujarat).
  • 2013: Commissioned a state-of-the-art new fibre line and high-speed paper manufacturing machine at Unit - JKPM (Odisha) with a capacity of 1,65,000 tonnes per annum.
  • 2018: Acquired Sirpur Paper Mills in Telangana with a capacity of 1,36,000 metric tonnes per annum.
  • 2019: JKPL was certified as a Great Place to Work and the Unit CPM of the Company was awarded the Dr. B.L. Bihani, the Memorial Award for Best Paper (National) at PaperEx 2019.
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