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EMAMIPAP
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Recent events
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India's JK Paper posts steep drop in profit as costs bite
BENGALURU, Nov 4 (Reuters) - India's JK Paper JKPA.NS reported a fall in profit for a fifth-straight quarter on Monday, hit by rising prices of wood - a key raw material used to manufacture paper and packaging materials.
The company said its consolidated net profit fell 57% to 1.29 billion rupees ($15.3 million) in the quarter ended Sept. 30.
JK Paper has been grappling with rising wood prices in the last few quarters that have bumped up input costs.
The industry has also struggled with lower selling prices of its products as demand remains subdued following a post-pandemic surge.
The company's expenses rose nearly 15% to 15.70 billion rupees, mainly due a 21% rise in input costs.
Its net revenue rose 2% to 16.83 billion rupees.
JK Paper, which supplies office paper, coated paper, writing and printing paper and packaging boards, has customers in more than 60 countries, according to its website.
Peer Emami Paper Mills EMAP.NS is set to report its quarterly results later this week.
JK Paper's shares closed 2% lower ahead of its results.
($1 = 84.0860 Indian rupees)
(Reporting by Nishit Navin and Ashna Teresa Britto in Bengaluru)
(([email protected];))
BENGALURU, Nov 4 (Reuters) - India's JK Paper JKPA.NS reported a fall in profit for a fifth-straight quarter on Monday, hit by rising prices of wood - a key raw material used to manufacture paper and packaging materials.
The company said its consolidated net profit fell 57% to 1.29 billion rupees ($15.3 million) in the quarter ended Sept. 30.
JK Paper has been grappling with rising wood prices in the last few quarters that have bumped up input costs.
The industry has also struggled with lower selling prices of its products as demand remains subdued following a post-pandemic surge.
The company's expenses rose nearly 15% to 15.70 billion rupees, mainly due a 21% rise in input costs.
Its net revenue rose 2% to 16.83 billion rupees.
JK Paper, which supplies office paper, coated paper, writing and printing paper and packaging boards, has customers in more than 60 countries, according to its website.
Peer Emami Paper Mills EMAP.NS is set to report its quarterly results later this week.
JK Paper's shares closed 2% lower ahead of its results.
($1 = 84.0860 Indian rupees)
(Reporting by Nishit Navin and Ashna Teresa Britto in Bengaluru)
(([email protected];))
Emami Paper Mills June-Quarter Pat At 128 Million Rupees
Aug 9 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
JUNE-QUARTER PAT 128 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 5.04 BILLION RUPEES
Further company coverage: EMAP.NS
(([email protected];))
Aug 9 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
JUNE-QUARTER PAT 128 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 5.04 BILLION RUPEES
Further company coverage: EMAP.NS
(([email protected];))
India's JK Paper posts lower Q1 profit as expenses jump
BENGALURU, July 24 (Reuters) - Indian paper and packaging board maker JK Paper JKPA.NS reported a fourth straight decline in quarterly profit on Wednesday, hurt by surging costs.
The company's consolidated net profit after tax fell nearly 55% year-on-year to 1.40 billion rupees ($16.7 million) for the quarter ended June 30.
Higher raw material costs led to a 25.1% rise in expenses, pressuring the bottomline, while net revenue rose 8.2% to 17.14 billion rupees.
JK Paper, which supplies office paper, coated paper, writing and printing paper, and packaging boards, has customers in more than 60 countries, according to its website.
A significant drop in market prices coupled with a surge in the cost of wood adversely affected the company's performance during in the first quarter, it said in an exchange filing.
The company's managing director in the previous quarter said that selling prices continued to remain subdued due to rising imports.
Peer Emami Paper Mills EMAP.NS will report its quarterly results next month.
JK Paper's shares ended 1.7% higher ahead of its results.
($1 = 83.6860 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru; Editing by Sonia Cheema)
(([email protected]; +91 7982114624;))
BENGALURU, July 24 (Reuters) - Indian paper and packaging board maker JK Paper JKPA.NS reported a fourth straight decline in quarterly profit on Wednesday, hurt by surging costs.
The company's consolidated net profit after tax fell nearly 55% year-on-year to 1.40 billion rupees ($16.7 million) for the quarter ended June 30.
Higher raw material costs led to a 25.1% rise in expenses, pressuring the bottomline, while net revenue rose 8.2% to 17.14 billion rupees.
JK Paper, which supplies office paper, coated paper, writing and printing paper, and packaging boards, has customers in more than 60 countries, according to its website.
A significant drop in market prices coupled with a surge in the cost of wood adversely affected the company's performance during in the first quarter, it said in an exchange filing.
The company's managing director in the previous quarter said that selling prices continued to remain subdued due to rising imports.
Peer Emami Paper Mills EMAP.NS will report its quarterly results next month.
JK Paper's shares ended 1.7% higher ahead of its results.
($1 = 83.6860 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru; Editing by Sonia Cheema)
(([email protected]; +91 7982114624;))
India's Andhra Paper up on capacity addition plan
** Shares of Andhra Paper ANDA.NS up 3.8% to 507.8 rupees, on track for biggest one-day jump since late-April
** The paper and packaging co got approval from Andhra Pradesh Pollution Control Board for additional pulp capacity of 27,500 tonnes per annum (TPA)
** Co currently has existing capacity of 200,000 TPA
** Including session's gains, stock is down 17% YTD vs 7.3% loss in peer Emami Paper Mills EMAP.NS, ~71% gain in Century Textiles CNTY.NS
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Andhra Paper ANDA.NS up 3.8% to 507.8 rupees, on track for biggest one-day jump since late-April
** The paper and packaging co got approval from Andhra Pradesh Pollution Control Board for additional pulp capacity of 27,500 tonnes per annum (TPA)
** Co currently has existing capacity of 200,000 TPA
** Including session's gains, stock is down 17% YTD vs 7.3% loss in peer Emami Paper Mills EMAP.NS, ~71% gain in Century Textiles CNTY.NS
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Emami Paper Mills Reports March-Quarter Profit Vs Loss Yr Ago
May 28 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
EMAMI PAPER MILLS LTD- DIVIDEND OF 8 RUPEES ON PREFERENCE SHARES, 1.60 RUPEES ON EQUITY SHARE
EMAMI PAPER MILLS LTD MARCH-QUARTER PAT 271.9 MILLION RUPEES VERSUS LOSS 112.7 MILLION RUPEES
EMAMI PAPER MILLS LTD MARCH-QUARTER REVENUE FROM OPERATIONS 4.84 BILLION RUPEES VERSUS 5.52 BILLION RUPEES
Source text for Eikon: ID:nNSE6JxGqc
Further company coverage: EMAP.NS
(([email protected];))
May 28 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
EMAMI PAPER MILLS LTD- DIVIDEND OF 8 RUPEES ON PREFERENCE SHARES, 1.60 RUPEES ON EQUITY SHARE
EMAMI PAPER MILLS LTD MARCH-QUARTER PAT 271.9 MILLION RUPEES VERSUS LOSS 112.7 MILLION RUPEES
EMAMI PAPER MILLS LTD MARCH-QUARTER REVENUE FROM OPERATIONS 4.84 BILLION RUPEES VERSUS 5.52 BILLION RUPEES
Source text for Eikon: ID:nNSE6JxGqc
Further company coverage: EMAP.NS
(([email protected];))
Emami Paper Mills Signs PPA With Amp Energy C&I Three
May 10 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
SIGNED PPA WITH AMP ENERGY C&I THREE TO SUPPLY SOLAR POWER TO CO FROM 7 MWP CAPACITY SOLAR POWER PLANT AT ODISHA
Source text for Eikon: ID:nBSE2BDsgC
Further company coverage: EMAP.NS
(([email protected];;))
May 10 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
SIGNED PPA WITH AMP ENERGY C&I THREE TO SUPPLY SOLAR POWER TO CO FROM 7 MWP CAPACITY SOLAR POWER PLANT AT ODISHA
Source text for Eikon: ID:nBSE2BDsgC
Further company coverage: EMAP.NS
(([email protected];;))
India's Emami Paper Mills June-Qtr PAT Falls
Aug 9 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
INDIA'S EMAMI PAPER MILLS LTD JUNE-QUARTER PAT 13.3 MILLION RUPEES VERSUS 540 MILLION RUPEES
EMAMI PAPER MILLS LTD JUNE-QUARTER REVENUE FROM OPERATIONS 5.19 BILLION RUPEES VERSUS 5.98 BILLION RUPEES
EMAMI PAPER MILLS - ELEVATED MANISH GOENKA AS VICE CHAIRMAN
Source text for Eikon: ID:nBSE3qmH9b
Further company coverage: EMAP.NS
(([email protected];;))
Aug 9 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
INDIA'S EMAMI PAPER MILLS LTD JUNE-QUARTER PAT 13.3 MILLION RUPEES VERSUS 540 MILLION RUPEES
EMAMI PAPER MILLS LTD JUNE-QUARTER REVENUE FROM OPERATIONS 5.19 BILLION RUPEES VERSUS 5.98 BILLION RUPEES
EMAMI PAPER MILLS - ELEVATED MANISH GOENKA AS VICE CHAIRMAN
Source text for Eikon: ID:nBSE3qmH9b
Further company coverage: EMAP.NS
(([email protected];;))
Emami Paper Mills Dividend Of 8 Rupees Per Share On Preference Share
May 26 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
DIVIDEND OF 8 RUPEES PER SHARE ON PREFERENCE SHARE
DIVIDEND OF 1.6 RUPEES PER EQUITY SHARE
Source text for Eikon: ID:nBSEbvJ2yc
Further company coverage: EMAP.NS
(([email protected];;))
May 26 (Reuters) - Emami Paper Mills Ltd EMAP.NS:
DIVIDEND OF 8 RUPEES PER SHARE ON PREFERENCE SHARE
DIVIDEND OF 1.6 RUPEES PER EQUITY SHARE
Source text for Eikon: ID:nBSEbvJ2yc
Further company coverage: EMAP.NS
(([email protected];;))
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What does Emami Paper Mills do?
Emami Paper, a part of Emami Group, is the largest newsprint manufacturer in India with interests in FMCG, edible oil, writing instruments, and healthcare. Established in 1982, it operates paper mills in Balasore and Kolkata.
Who are the competitors of Emami Paper Mills?
Emami Paper Mills major competitors are Shree Rama News, Orient Paper & Inds., Voith Paper Fabrics, Genus Paper & Boards, Satia Industries, Ruchira Papers, B&B Triplewall. Market Cap of Emami Paper Mills is ₹592 Crs. While the median market cap of its peers are ₹549 Crs.
Is Emami Paper Mills financially stable compared to its competitors?
Emami Paper Mills seems to be less financially stable compared to its competitors. Altman Z score of Emami Paper Mills is 2.3 and is ranked 5 out of its 8 competitors.
Does Emami Paper Mills pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Emami Paper Mills latest dividend payout ratio is 11.48% and 3yr average dividend payout ratio is 11.3%
How has Emami Paper Mills allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Emami Paper Mills balance sheet?
Balance sheet of Emami Paper Mills is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Emami Paper Mills improving?
The profit is oscillating. The profit of Emami Paper Mills is ₹49.28 Crs for TTM, ₹84.3 Crs for Mar 2024 and ₹69.17 Crs for Mar 2023.
Is the debt of Emami Paper Mills increasing or decreasing?
Yes, The debt of Emami Paper Mills is increasing. Latest debt of Emami Paper Mills is ₹637 Crs as of Sep-24. This is greater than Mar-24 when it was ₹596 Crs.
Is Emami Paper Mills stock expensive?
Emami Paper Mills is not expensive. Latest PE of Emami Paper Mills is 12.01, while 3 year average PE is 15.82. Also latest EV/EBITDA of Emami Paper Mills is 6.81 while 3yr average is 7.11.
Has the share price of Emami Paper Mills grown faster than its competition?
Emami Paper Mills has given lower returns compared to its competitors. Emami Paper Mills has grown at ~-7.39% over the last 6yrs while peers have grown at a median rate of 10.78%
Is the promoter bullish about Emami Paper Mills?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Emami Paper Mills is 74.97% and last quarter promoter holding is 74.97%.
Are mutual funds buying/selling Emami Paper Mills?
There is Insufficient data to gauge this.