The 3 reports from 2 analysts offering long term price targets
for JK Paper Ltd. have an average target of 135.00. The consensus estimate
represents an upside of 48.43%
from the last price of 90.95.
JK Paper Ltd.'s Q4FY20 result was higher on net sales/EBITDA front, while PAT came in-line with our estimates. Net sales declined by 9.5% YoY to Rs7,302 mn. EBITDA came in at Rs1,817 mn, down by 17% YoY, while EBITDA margin eroded by 220bps over Q4FY19 to 24.9%. The company reported net profit of Rs914 mn, down by 18.6% YoY. For full year, the company reported net sales of Rs30.6bn, down by 6% YoY. EBITDA came in at Rs8.7bn, up by 0.4%, while EBITDA margin improved by 180bps to 28.5% over FY19. JK's total PAT stood at Rs4.6bn, a healthy growth of 10.2% YoY. COVID-19 would have a long term impact on sales volume led by closure of plants and...
JK Paper continues to dominate in the domestic market, which reflects in its outperformance compared to industry peers. The management has reduced demand growth outlook of domestic paper industry from earlier 7%-8% to 5%-6% owing to slowdown in the economy. Cheap imports from neighboring countries have further put pricing pressure on the domestic paper manufacturers. We remain positive on JK Paper amongst the organized players and we believe the company's well strategized expansion plans and its execution capabilities would pave the way for consistent earnings growth in future. We forecast Net Sales/EBITDA/PAT to grow at a CAGR of 3.2%/7.9%/5.9% over FY1921E. Maintain BUY with a price target of Rs184 based on 4x EV/EBITDA to FY21E....
JK Paper is one of the largest players of the natural fiber based organized paper and paper board industry with a market share around 23% in Copier paper segment (market leader), 12% in coated paper (Amongst leading...
JK Paper Ltd (JKP), a member of HS Singhania Group is one of India's largest paper companies which was established in 1962. The Company is a part of the prominent JK Organisation, which is over 100 years old and one of the leading business conglomerates of India. JKP is the market leader in Branded Copier Paper in India and amongst the top two players of Coated Paper and...
JK Paper Ltd (JKP) reported PAT of INR 120 crore in Q3FY19, up 72.3% y-o-y and 8.5% from our estimate mainly due to better-than-expected improvement in gross margin.
JK Paper Ltd (JKP) reported PAT of INR 110 crore, up 41.4% from our estimate due to better-than-expected improvement in gross margin and lower other expenses.
JK Paper (JKP) leads the Indian copier paper market (with a 23% share); it is also the 2nd largest player in the coated paper segment (16%) and the 5th largest in packaging board (11%).
JK Paper Ltd (JKP) reported PAT of INR 95 crore in Q1FY19, which came 44% ahead of our estimate mainly due to higher-than-expected sales volumes and lower energy cost.
