Astron Paper & Board Mill Ltd
Astron Paper and Board mill Ltd is a paper manufacturing company. It is engaged in the manufacturing of Kraft Paper from waste paper. [1]
- Market Cap ₹ 89.7 Cr.
- Current Price ₹ 19.3
- High / Low ₹ 40.9 / 18.2
- Stock P/E
- Book Value ₹ 28.8
- Dividend Yield 0.00 %
- ROCE -0.72 %
- ROE -5.61 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.67 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.60% over past five years.
- Promoter holding is low: 27.1%
- Company has a low return on equity of -4.10% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 106 | 152 | 157 | 182 | 251 | 373 | 358 | 435 | 512 | 395 | 311 | 245 | |
0 | 95 | 133 | 137 | 161 | 219 | 323 | 324 | 407 | 485 | 409 | 308 | 263 | |
Operating Profit | -0 | 11 | 19 | 20 | 22 | 32 | 50 | 34 | 28 | 27 | -15 | 3 | -18 |
OPM % | 10% | 13% | 12% | 12% | 13% | 13% | 10% | 6% | 5% | -4% | 1% | -7% | |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 2 | 2 | |
Interest | 0 | 10 | 11 | 11 | 11 | 10 | 10 | 10 | 10 | 8 | 10 | 11 | 12 |
Depreciation | 0 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 6 | 6 |
Profit before tax | -0 | -1 | 6 | 6 | 8 | 19 | 36 | 20 | 15 | 14 | -29 | -12 | -34 |
Tax % | 19% | 116% | 31% | 4% | -20% | -10% | 33% | 34% | 34% | 37% | -29% | -28% | |
-0 | -3 | 4 | 6 | 10 | 21 | 24 | 13 | 10 | 9 | -21 | -9 | -24 | |
EPS in Rs | -0.46 | -0.97 | 1.27 | 1.87 | 3.08 | 4.48 | 5.18 | 2.87 | 2.08 | 1.87 | -4.45 | -1.89 | -5.18 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | -4% |
3 Years: | -11% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -158% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -13% |
3 Years: | -27% |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 0% |
3 Years: | -4% |
Last Year: | -6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 31 | 32 | 32 | 32 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Reserves | 8 | -7 | -3 | 3 | 13 | 80 | 104 | 117 | 127 | 135 | 114 | 106 | 88 |
32 | 72 | 72 | 78 | 89 | 75 | 57 | 61 | 45 | 66 | 76 | 80 | 82 | |
6 | 31 | 36 | 45 | 38 | 31 | 87 | 86 | 87 | 85 | 67 | 61 | 46 | |
Total Liabilities | 50 | 127 | 137 | 158 | 173 | 232 | 294 | 310 | 305 | 332 | 304 | 293 | 262 |
4 | 67 | 66 | 75 | 79 | 90 | 121 | 129 | 126 | 122 | 134 | 129 | 126 | |
CWIP | 36 | 0 | 1 | -0 | 1 | 13 | 2 | 0 | 7 | 8 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | -0 | 0 | 4 | 4 | 6 | 6 | 5 | 5 | 5 |
10 | 59 | 70 | 84 | 92 | 128 | 167 | 177 | 166 | 197 | 165 | 158 | 131 | |
Total Assets | 50 | 127 | 137 | 158 | 173 | 232 | 294 | 310 | 305 | 332 | 304 | 293 | 262 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 11 | 16 | 16 | 5 | 37 | 19 | 33 | -14 | 7 | 5 | ||
-39 | -2 | -10 | -10 | -28 | -27 | -11 | -4 | -1 | -9 | -0 | ||
40 | -8 | -3 | -7 | 38 | -26 | -3 | -24 | 14 | 4 | -5 | ||
Net Cash Flow | 1 | 1 | 2 | -1 | 15 | -15 | 4 | 6 | -2 | 1 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 98 | 69 | 86 | 70 | 86 | 82 | 95 | 66 | 69 | 59 | 62 | |
Inventory Days | 121 | 129 | 129 | 132 | 75 | 94 | 86 | 59 | 47 | 53 | 66 | |
Days Payable | 22 | 20 | 27 | 79 | 53 | 107 | 125 | 92 | 71 | 73 | 96 | |
Cash Conversion Cycle | 197 | 178 | 188 | 123 | 108 | 68 | 55 | 33 | 45 | 39 | 33 | |
Working Capital Days | 108 | 93 | 104 | 97 | 93 | 62 | 76 | 57 | 74 | 73 | 77 | |
ROCE % | -1% | 17% | 16% | 16% | 17% | 22% | 14% | 11% | 10% | -8% | -1% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Director
2d - Resignation of Mr. Dhiren N. Parikh as Independent Director.
-
Rectification Of Resignation Of Chief Financial Officer Dated On 8Th November, 2024
19 Nov - Rohit Patel continues as CFO after Swapnil Madiyar declines.
-
Information Of Disclosure Of Materiality Of Events
9 Nov - Disclosure of Key Managerial Personnel for materiality determination.
-
Announcement under Regulation 30 (LODR)-Change in Management
9 Nov - Appointment of Mr. Swapnil J. Madiyar as CFO.
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
9 Nov - Resignation of CFO Rohit Patel effective 08th November 2024.
Product Portfolio
The product portfolio of the company consists of Fluting Medium Paper, Test Liners, VTL (Virgin Top Liner), Kraft Liner, H-RCT Kraft Liner, etc. [1]
The packaging paper of the company is used by the packaging industry for making corrugated boxes, sacks, liners, and composite containers. [2]