JK Paper Ltd.

NSE: JKPAPER | BSE: 532162 | ISIN: INE789E01012 | Industry: Paper & Paper Products
| Mid-range Performer
371.9500 3.90 (1.06%)
NSE Jun 27, 2025 15:31 PM
Volume: 306.5K
 

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JK Paper Ltd.
01 Nov 2020
371.95
1.06%
IDBI Capital
JK Paper Ltd.'s Q2FY21 result was above our estimates on key parameters. The company's writing and printing paper (WPP) demand remained subdued in Q2, while packaging board growth has returned to pre-Covid level. Net sales declined by 19.2% YoY to Rs6,383mn. EBITDA came in at Rs1,402mn, down by 41.3% YoY, while EBITDA margin declined by 824bps to 22% over Q2FY20. The company reported net profit of Rs679mn, lower by 48.9% YoY. The management guided that Sirpur paper will start operation from mid of November, 2020. However, considering unpredictable business environment, they refrained from giving sales volume guidance for H2FY21E. We believe JK paper is well placed to show...
JK Paper Ltd. is trading above its 150 day SMA of 363.4
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