Imagine a world without paper—no notebooks to scribble in, no packaging to protect your deliveries. That’s where JK Paper steps in, the big shot in making office supplies, coated papers, and packaging boards since 1962. They’re like the A-listers of the paper gang, respected and trusted.
You know, paper might not always steal the spotlight, but it’s everywhere, right? From jotting down your thoughts to wrapping up your online orders, it’s in the background, quietly making life work.
This article isn’t just about numbers; it’s about the hustle and bustle behind the scenes. It’s diving into how JK Paper does its thing, the ups and downs of the paper world, and how that affects what you scribble on or how your packages arrive. It’s like peeking behind the curtain to see the story behind their big plans and how it all connects to the stuff we use every day.
About JK Paper
JK Paper, a prominent player in the paper industry, has established itself as a cornerstone since its inception in 1962. Renowned for its diversified product range encompassing office paper, writing and printing paper, packaging board, and specialty paper, JK Paper boasts an extensive portfolio marketed through various brands like JK Copier, JK Easy Copier, and JK Sparke.
Central to its success is a robust distribution network comprising over 450 trade partners, 4000 dealers, 14 pan-India depots, and 2 Quick Service centers. This expansive network significantly reduces turnaround time, ensuring prompt and efficient customer service.
In a strategic move, JK Paper, alongside its subsidiary, acquired Sirpur Paper Mills Ltd under the Insolvency and Bankruptcy Code, bolstering its manufacturing capabilities with a facility in Kagaznagar, Telangana. Despite challenges, JK Paper diligently worked towards reviving and stabilizing the acquired business, investing additional funds for operational stability.
With integrated manufacturing facilities across Odisha, Gujarat, and Telangana, JK Paper efficiently moderates logistics costs and accelerates product delivery. Notably, its manufacturing capacity has surged from 5,91,000 TPA to 7,61,000 TPA, leveraging its facilities to achieve utilization levels of up to 103% in FY23.
Expanding its horizons, JK Paper made strategic acquisitions of Horizon Packs Pvt. Ltd. and Securipax Packaging Pvt. Ltd., becoming a major force in India’s corrugated packaging market. Furthermore, the company’s global footprint spans across 60 countries, leveraging its distribution prowess to serve a widespread customer base, affirming its position as a global industry leader.
Shareholding Pattern
Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | |
Promoters + | 49.64% | 49.64% | 49.64% | 49.64% | 49.64% |
FIIs + | 6.05% | 9.43% | 11.49% | 10.46% | 10.90% |
DIIs + | 4.46% | 2.92% | 2.85% | 3.11% | 3.18% |
Public + | 39.85% | 38.01% | 36.04% | 36.79% | 36.29% |
No. of Shareholders | 1,12,158 | 1,25,397 | 1,25,271 | 1,38,968 | 1,40,739 |
JK Paper’s shareholding pattern reveals intriguing dynamics over recent quarters. Promoters have steadfastly maintained their stake at 49.64%, indicating a consistent faith in the company’s trajectory. The surge in Foreign Institutional Investors (FIIs) from 6.05% to 10.90% signifies growing international confidence in JK Paper. In contrast, Domestic Institutional Investors (DIIs) experienced minor fluctuations between 2.85% and 4.46%. Conversely, public holdings witnessed a gradual decline from 39.85% to 36.29%. Despite a marginal increase in shareholder count, the declining public holding suggests a potential consolidation of shares among larger stakeholders, hinting at a shift in ownership patterns favoring institutional interest.
JK Paper Q3 Fy2024 Key Points and Summary:
- JK Paper Ltd reported a 29.1% year-on-year drop in net profit, totaling ₹236.4 crore for the third quarter ending December 31, 2023.
- Revenue from operations increased by 2.7% to ₹1,781.7 crore compared to the corresponding period last fiscal year.
- EBITDA declined by 31.9% to ₹447.6 crore, with an EBITDA margin of 25.1% in the reporting quarter, down from 37.9% in the same period of the previous fiscal year.
- The board of directors approved an interim dividend of ₹3.50 (35%) per equity share for the financial year 2023-24.
- The interim dividend will be paid to equity shareholders as of Friday, February 16, 2024, which is the record date fixed for this purpose.
JK Paper Share Price Target 2024 To 2030
JK Paper Share Price Target 2024
When | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
March 2024 | ₹348.70 | ₹303.22 |
April 2024 | ₹338.54 | ₹294.39 |
May 2024 | ₹333.54 | ₹290.04 |
June 2024 | ₹345.55 | ₹300.48 |
July 2024 | ₹342.09 | ₹297.47 |
August 2024 | ₹355.78 | ₹309.37 |
September 2024 | ₹370.01 | ₹321.75 |
October 2024 | ₹362.75 | ₹315.44 |
November 2024 | ₹377.26 | ₹328.05 |
December 2024 | ₹381.03 | ₹331.33 |
In March 2024, it is anticipated that JK Paper’s maximum price will be around ₹348.70, with the minimum price expected to hover near ₹303.22. As the year progresses, JK Paper’s pricing may exhibit fluctuations driven by market dynamics and industry trends. By December 2024, stakeholders foresee a potential increase in JK Paper’s maximum price, possibly exceeding ₹381.03, while the minimum price is expected to rise, potentially surpassing ₹331.33. These projections indicate March and December as critical periods for monitoring JK Paper’s performance in the market.
JK Paper Share Price Target 2025
When | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
January 2025 | ₹381.42 | ₹293.40 |
February 2025 | ₹382.18 | ₹293.98 |
March 2025 | ₹390.21 | ₹300.16 |
April 2025 | ₹382.56 | ₹294.27 |
May 2025 | ₹371.41 | ₹285.70 |
June 2025 | ₹388.13 | ₹298.56 |
July 2025 | ₹380.52 | ₹292.70 |
August 2025 | ₹392.28 | ₹301.76 |
September 2025 | ₹396.99 | ₹305.38 |
October 2025 | ₹407.31 | ₹313.32 |
November 2025 | ₹417.50 | ₹321.15 |
December 2025 | ₹436.28 | ₹335.60 |
In March 2025, it’s likely that JK Paper’s prices will see an uptick, with the maximum expected to be around ₹390.21 and the minimum around ₹300.16. Throughout the year, we can expect these prices to fluctuate, reflecting changes in the market and industry. By December 2025, there might be a notable increase in JK Paper’s maximum price, possibly exceeding ₹436.28, while the minimum price could also rise, possibly surpassing ₹335.60. Keeping an eye on JK Paper’s performance in March and December will be important for those following its market journey.
JK Paper Share Price Target 2026 To 2030
Year | Maximum Price | Minimum Price |
---|---|---|
2026 | ₹537.11 | ₹345.67 |
2027 | ₹654.81 | ₹421.42 |
2028 | ₹798.30 | ₹513.77 |
2029 | ₹973.24 | ₹626.36 |
2030 | ₹1,186.52 | ₹763.62 |
In 2026, it is forecasted that JK Paper’s maximum price will climb to ₹537.11, with the minimum price expected to be around ₹345.67. As we progress into 2027, JK Paper’s maximum price is anticipated to rise further to ₹654.81, while the minimum price is also projected to increase to approximately ₹421.42. Moving forward to 2028, market analysts predict a continued upward trend for JK Paper, with both maximum and minimum prices expected to reach ₹798.30 and ₹513.77 respectively. Looking ahead to 2029, JK Paper’s prices are expected to experience significant growth, with the maximum price potentially surpassing ₹973.24 and the minimum price rising to ₹626.36. By 2030, it is anticipated that JK Paper’s maximum price will exceed ₹1,186.52, while the minimum price is expected to rise to ₹763.62. These future estimates underline the projected trajectory of JK Paper’s performance in the market.
JK Paper’s Financial Condition (Last 5 Years)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
Sales + | 3,256 | 3,054 | 2,742 | 3,981 | 6,232 | 5,993 |
Expenses + | 2,386 | 2,150 | 2,110 | 3,038 | 4,570 | 4,477 |
Operating Profit | 871 | 904 | 632 | 943 | 1,662 | 1,515 |
OPM % | 27% | 30% | 23% | 24% | 27% | 25% |
Other Income + | 55 | 81 | 69 | 80 | 75 | 114 |
Interest | 122 | 123 | 94 | 93 | 188 | 221 |
Depreciation | 125 | 144 | 154 | 169 | 237 | 240 |
Profit before tax | 678 | 719 | 453 | 761 | 1,312 | 1,169 |
Tax % | 36% | 31% | 29% | 33% | 32% | |
Net Profit + | 437 | 493 | 322 | 511 | 885 | 897 |
EPS in Rs | 24.53 | 27.64 | 19.02 | 30.17 | 52.26 | 52.96 |
Dividend Payout % | 14% | 14% | 21% | 18% | 15% |
FAQS
What is JK Paper’s current market capitalization and stock price?
JK Paper’s market capitalization stands at ₹5,782 Cr, with the current stock price at ₹341.
What is Share Price Prediction of JK Paper for 2025?
JK Paper is anticipated to reach ₹436.28 by the end of 2025.
What is Share Price Target of JK Paper for 2030?
The maximum share price target of JK Paper is expected to reach ₹1,186.52 by the end of 2030.
When was JK Paper established, and what are its primary product segments?
Established in 1962, JK Paper is a dominant force in Office papers, Coated papers, and Packaging boards. They hold a reputable position within the paper industry.
What is the Face Value of JK Paper’s stock?
JK Paper’s stock has a Face Value of ₹10.0.
Should one invest in JK Paper?
When considering an investment in JK Paper within the paper industry, its current market position and financial trends warrant attention. Among its peers, JK Paper stands as a favorable investment option due to its comparatively low Price/Earnings (P/E) ratio of 7.68 and higher Return on Capital Employed (ROCE) of 24.95%.
Analyzing its financial performance, JK Paper showcased consistent growth in sales over the past years, especially from 2022 to 2023, where it reached ₹6,232 Crores. Its operating profit margin (OPM) remained stable around 25-30%. JK Paper also displayed robust profit growth with its net profit surging from ₹322 Crores in 2021 to ₹885 Crores in 2023.
Moreover, its historical data suggests a compelling picture with a compounded sales growth of 27% over the last three years and a compounded profit growth of 22%. Despite market fluctuations, JK Paper has maintained a steady Return on Equity (ROE) averaging 20% over the last five years, indicative of its stable financial health.
With strong market positioning, steady financial growth, and investor-friendly metrics, investing in JK Paper seems promising within the paper industry.
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