Astron Paper & Board Mill Ltd
Incorporated in 2010, Astron Paper & Board Mill Ltd manufactures Kraft Paper from waste paper[1]
- Market Cap ₹ 63.0 Cr.
- Current Price ₹ 13.6
- High / Low ₹ 29.9 / 10.1
- Stock P/E
- Book Value ₹ 28.1
- Dividend Yield 0.00 %
- ROCE -1.86 %
- ROE -7.32 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.50 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.61% over past five years.
- Promoter holding is low: 25.4%
- Company has a low return on equity of -5.34% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
251 | 373 | 358 | 434 | 512 | 395 | 311 | 174 | |
219 | 320 | 322 | 403 | 484 | 412 | 309 | 210 | |
Operating Profit | 32 | 53 | 36 | 32 | 28 | -18 | 2 | -36 |
OPM % | 13% | 14% | 10% | 7% | 5% | -4% | 1% | -21% |
1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | |
Interest | 10 | 11 | 11 | 11 | 10 | 11 | 11 | 12 |
Depreciation | 4 | 5 | 6 | 7 | 7 | 7 | 7 | 7 |
Profit before tax | 19 | 38 | 20 | 16 | 12 | -35 | -16 | -54 |
Tax % | -10% | 28% | 33% | 34% | 34% | -31% | -28% | |
21 | 28 | 13 | 10 | 8 | -24 | -11 | -52 | |
EPS in Rs | 4.48 | 5.94 | 2.85 | 2.20 | 1.74 | -5.15 | -2.41 | -11.08 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | -11% |
TTM: | -46% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -695% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | -35% |
1 Year: | -40% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | -5% |
Last Year: | -7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Reserves | 80 | 105 | 119 | 129 | 137 | 113 | 102 | 84 |
75 | 68 | 73 | 58 | 76 | 84 | 83 | 84 | |
31 | 92 | 90 | 90 | 90 | 68 | 63 | 49 | |
Total Liabilities | 232 | 313 | 329 | 323 | 350 | 312 | 294 | 264 |
90 | 138 | 151 | 149 | 144 | 155 | 150 | 146 | |
CWIP | 13 | 2 | 0 | 7 | 8 | 0 | 0 | 0 |
Investments | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
128 | 172 | 176 | 166 | 197 | 155 | 143 | 117 | |
Total Assets | 232 | 313 | 329 | 323 | 350 | 312 | 294 | 264 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
5 | 46 | 28 | 35 | -10 | 11 | 12 | |
-28 | -28 | -18 | -5 | -3 | -10 | -1 | |
38 | -33 | -4 | -24 | 11 | -0 | -11 | |
Net Cash Flow | 15 | -15 | 5 | 6 | -2 | 1 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 86 | 84 | 96 | 67 | 70 | 60 | 64 |
Inventory Days | 75 | 95 | 88 | 61 | 50 | 58 | 72 |
Days Payable | 53 | 110 | 127 | 92 | 75 | 76 | 100 |
Cash Conversion Cycle | 108 | 69 | 57 | 36 | 45 | 42 | 35 |
Working Capital Days | 93 | 61 | 77 | 62 | 77 | 71 | 76 |
ROCE % | 23% | 14% | 11% | 9% | -9% | -2% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Confirmation certificate under Regulation 74(5) received.
-
Closure of Trading Window
25 Mar - Closure of trading window until financial results announcement.
-
Appointment of Company Secretary and Compliance Officer
24 Mar - Appointment of Mrs. Anita Kumavat as Company Secretary.
-
Appointment of Company Secretary and Compliance Officer
5 Mar - Appointment of Compliance Officer and Company Secretary.
-
Integrated Filing (Financial)
24 Feb - Disclosure of outstanding loans and defaults.
Business Overview:[1][2]
APBL is an ISO 9001:2015 and ISO 14001:2015 certified, and one of the largest manufacturers of recycled corrugated paper. It manufactures different varieties of kraft paper ranging from 80 to 350 Grams Per Square Meter (GSM) and Bursting Factor (BF) from 16 to 40