Shree Krishna Paper Mills & Industries Ltd - Stock Valuation and Financial Performance

BSE: 500388 | NSE: | Paper & Paper Products | Small Cap

Shree Krishna Papers Share Price

39.50 0.30 0.77%
as on 19-Apr'24 16:01

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Shree Krishna Paper Mills & Industries stock performance -

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P/E Ratio (SA):
39.88
Market Cap:
53 Cr.
52-wk low:
16.5
52-wk high:
50.1

Is Shree Krishna Paper Mills & Industries Ltd an attractive stock to invest in?

1. Is Shree Krishna Paper Mills & Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shree Krishna Paper Mills & Industries Ltd is a average quality company.

2. Is Shree Krishna Paper Mills & Industries Ltd undervalued or overvalued?

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

3. Is Shree Krishna Paper Mills & Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shree Krishna Paper Mills & Industries 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 Shree Krishna Papers:

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.
Shree Krishna Paper Mills & Industries 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

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 13.6%8.5%12.7%30%-2.4%13.3%-8%-1.9%6.1%11.8%-
Value Creation
Index
0.0-0.4-0.11.1-1.2-0.1-1.6-1.1-0.6-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15814112513713614310169.4103178149
Sales YoY Gr.--11.1%-11.2%9.5%-0.5%4.7%-29%-31.5%49.1%71.9%-
Adj EPS 2.10.31.88.4-2.43.3-7.6-2.5-1.12.51
YoY Gr.--84.8%471.9%357.4%-128.9%NA-327.4%NANANA-
BVPS (₹) -5.4-5.3-3.51818.522.217.815.614.623.924.3
Adj Net
Profit
2.90.42.511.3-3.34.5-10.2-3.3-1.53.41
Cash Flow from Ops. 16.712.811.330.7-0.77.46.85.6-4.27.9-
Debt/CF from Ops. 3.33.940.7-30.22.933.9-8.13.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.3%5.5%20.7%71.9%
Adj EPS 2%NANANA
BVPSNA5.2%10.3%63.7%
Share Price 18.6% 5.7% 40% 97.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-78.7-19.5-271.892-13.316.3-37.8-14.7-7.213.14.1
Op. Profit
Mgn %
9.56.38.48.21.48-3.84.17.26.96.4
Net Profit
Mgn %
1.80.328.3-2.43.2-10.1-4.8-1.41.90.9
Debt to
Equity
-24.2-23.3139.30.90.80.70.911.70.9-
Working Cap
Days
94991151021081151591991359556
Cash Conv.
Cycle
484846332532474256375

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.10%

Sales growth is growing at healthy rate in last 3 years 20.65%

Debt to equity has declined versus last 3 years average to 0.89

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -8.42%

Latest Financials - Shree Krishna Paper Mills & Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1 -
TTM Sales (₹ Cr.) 149 -
BVPS (₹.) 24.3 -
Reserves (₹ Cr.) 19 -
P/BV 1.61 -
PE 39.88 -
From the Market
52 Week Low / High (₹) 16.51 / 50.10
All Time Low / High (₹) 1.85 / 50.10
Market Cap (₹ Cr.) 53
Equity (₹ Cr.) 13.5
Face Value (₹) 10
Industry PE 7.1

Management X-Ray of Shree Krishna Papers:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *84.4184.4184.4184.4184.4184.4184.4184.3984.3884.38
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shree Krishna Papers

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales158.36140.86125.05136.87136.26142.61101.2869.41103.48177.88
Operating Expenses 143.54132.06114.61125.61134.29131.21105.1266.5996.05165.83
Manufacturing Costs34.4736.0532.7536.2338.7339.7533.3123.0228.5837.25
Material Costs97.1385.2771.7778.4683.3278.7159.0635.5257.95115.14
Employee Cost 7.617.436.667.448.118.568.785.436.818.27
Other Costs 4.333.303.443.494.144.193.972.632.715.18
Operating Profit 14.828.8110.4311.271.9711.40-3.842.817.4312.04
Operating Profit Margin (%) 9.4%6.3%8.3%8.2%1.4%8.0%-3.8%4.1%7.2%6.8%
Other Income 0.290.420.271.470.490.632.220.430.920.30
Interest 6.685.454.853.133.102.799.093.566.294.80
Depreciation 5.693.363.343.133.123.263.673.823.784.28
Exceptional Items 00017.715.4006.690013.32
Profit Before Tax 2.740.412.5224.201.645.97-7.70-4.14-1.7116.58
Tax 000.060.461.021.47-2.33-0.86-0.404.02
Profit After Tax 2.740.412.4623.740.624.50-5.37-3.27-1.3112.56
PAT Margin (%) 1.7%0.3%2.0%17.3%0.5%3.2%-5.3%-4.7%-1.3%7.1%
Adjusted EPS (₹)2.00.31.817.60.53.3-4.0-2.4-1.09.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -2.26-2.140.3224.2725.0329.9824.0521.1019.7532.32
Share Capital 18.5218.5218.5213.5213.5213.5213.5213.5213.5213.52
Reserves -20.78-20.66-18.2010.7511.5116.4510.537.586.2218.79
Minority Interest0000000000
Debt49.3342.8534.0120.8920.1121.4420.4321.0332.9427.95
Long Term Debt20.1113.296.392.602.633.353.574.4611.8711.94
Short Term Debt29.2129.5627.6118.3017.4818.0916.8616.5821.0616.02
Trade Payables11.1014.1216.9817.8523.3019.2326.0218.7615.9219.47
Others Liabilities 13.4114.1919.294.708.6413.2611.019.8111.387.25
Total Liabilities 71.5869.0270.5967.7277.0983.9181.5170.7079.9886.99

Fixed Assets

Gross Block83.9485.2788.6589.6590.1794.27102.72104.96109.70113.51
Accumulated Depreciation55.3258.8362.1465.2663.5566.327073.8177.5981.66
Net Fixed Assets28.6226.4426.5124.3926.6227.9432.7231.1532.1131.85
CWIP 1.882.340.533.263.115.631.792.560.242.33
Investments 0.010.010.011.331.292.081.641.631.581.49
Inventories14.7913.189.6610.2411.1016.5116.3215.4428.2223.09
Trade Receivables17.6117.1824.1215.7221.9015.3414.658.186.337.88
Cash Equivalents 1.642.302.322.481.343.052.262.512.222.98
Others Assets7.037.587.4310.3011.7313.3412.139.249.2717.36
Total Assets 71.5869.0270.5967.7277.0983.9181.5170.7079.9886.99

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 16.6912.8011.2530.67-0.697.376.795.55-4.157.89
PBT 2.740.412.5224.20-3.765.97-14.39-4.14-1.713.26
Adjustment 12.228.267.75-13.175.485.563.287.429.098.81
Changes in Working Capital 1.734.131.015.96-1.13-2.6111.312.28-11.39-2.56
Tax Paid 00-0.02-4.03-1.28-1.54-0.10-0.02-0.15-1.35
Cash Flow From Investing Activity -1.93-1.76-1.46-3.452.31-5.052.16-3.19-1.571.69
Capex -1.94-1.77-1.62-3.721.29-4.112.69-3.21-2.432.75
Net Investments 000-0.06-0.04-0.700.02-0.070.67-1.26
Others 00.020.160.331.05-0.24-0.550.080.190.20
Cash Flow From Financing Activity -15.75-10.39-9.87-27.02-2.79-1.31-9.74-2.386.10-9.92
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -6.84-5.33-3.27-10.470.260.200.231.517.90-0.05
Interest Paid -6.80-5.40-4.65-2.24-2.01-2.12-8.74-3.61-6.28-4.82
Dividend Paid 0000000000
Others -2.110.35-1.95-14.32-1.040.62-1.23-0.294.49-5.05
Net Cash Flow -10.65-0.080.20-1.181.01-0.78-0.030.38-0.34
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/A0242.352.5116.37-19.86-14.5-6.4448.26
ROCE (%)N/AN/A15.9460.6710.4182.9-1.319.4937.39
Asset Turnover Ratio2.122.021.8121.891.771.220.921.372.13
PAT to CFO Conversion(x)6.0931.224.571.29-1.111.64N/AN/AN/A0.63
Working Capital Days
Receivable Days38456053504854602615
Inventory Days39363326293559837753
Payable Days4352727486861171958542

Shree Krishna Paper Mills & Industries Ltd Stock News

Shree Krishna Paper Mills & Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shree Krishna Papers on 19-Apr-2024 16:01 is ₹39.50.
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 19-Apr-2024 16:01 the market cap of Shree Krishna Papers stood at ₹53.00.
The latest P/E ratio of Shree Krishna Papers as of 19-Apr-2024 16:01 is 39.88.
The latest P/B ratio of Shree Krishna Papers as of 19-Apr-2024 16:01 is 1.61.
The 52-week high of Shree Krishna Papers is ₹50.10 and the 52-week low is ₹16.51.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Krishna Papers is ₹148.8 ( Cr.) .

About Shree Krishna Paper Mills & Industries Ltd

Shree Krishna Paper Mills & Industries (SKPMI) popularly known as “Silver Cote” was established in the year 1974 by well known Pasari Group by acquisition of Bansal Paper Mills at Bahadurgarh (Haryana). The landmark has been achieved due to the efforts of its visionary Managing Director Mr. N.K.Pasari, ably supported by his dedicated team. 

The Shree Krishna Paper Mills & Industries has proven to be one of the most stable economic contributors. Technological advances, an ability to adapt, and quality management have carried the industry through periods of economic challenges and business transitions. Shree Krishna's success was due in part to the quality products its new equipment put out, but the company was able to find buyers for its products largely because its new owners had considerable marketing skill. Environmental concerns also made recycled papers increasingly popular, and Shree Krishna introduced a new line of recycled printing and writing papers under the Silver Shine Brand Label.

The management of Shree Krishna is committed to quality, by initiating quality policies that will lead to 'Building Partnerships in Excellence' with their customers. These initiatives will enable them to develop a prosperous future side by side with their partners.

Product range of the company includes:

  • Coated Paper
  • Thermal Sensitive Paper
  • Cast Coated Paper
  • Inkjet Paper
  • Fluorescent Paper
  • Writing & Printing
  • Newsprint.

Achievements/ recognition:

  • 2004: ISO 9001:2000.
  • 2005 : BSI Certificate

Mile Stones-

  • 1966 Established as Bansal Paper Mills.
  • 1974 Acquisition by Pasari Group.
  • 1979 Came in full production.
  • 1982 Introduction of Silver Cote Brand.
  • 1986 Name changed to Shree Krishna Paper Mills & Industries Limited.Incorporated oil heating through Thermic fluid heating system in boilers. Introduction of Senso Cote Brand.
  • 1990 Introduction of Super Senso quality.
  • 1993 Signing of Collaboration Agreement with Hansol Paper Co. Ltd., South Korea.
  • 1997 Commercial production of Senso Hansol Thermal Sensitive Paper.
  • 2003 Cast Coated Machine Installed.
  • 2006  Keshwana Unit started for W & P,LWC
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