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Mint
12 hours ago
- Business
- Mint
From JK Paper to West Coast Paper Mills... paper stocks could be in focus on Friday; here's why
Several paper stocks, including JK Paper, West Coast Paper Mills, Seshasayee Paper & Boards, Andhra Paper, Tamil Nadu Newsprint & Papers and Orient Paper, are likely to be in focus on Friday amid reports that the Indian government may tighten controls on substandard paper product imports. Mint reported earlier, quoting sources that "India is set to tighten controls on substandard paper product imports, particularly from China, with the Department for Promotion of Industry and Internal Trade (DPIIT) in the process of introducing a new Quality Control Order (QCO) for a wide range of commonly used paper products." India's imports of paper and paperboard rose from 1.08 million tonnes in FY21 to 2.06mt in FY25. According to the Mint report, in FY25, imports of paper and paperboard from China recorded a 33 per cent jump in volume, and the Asean countries of South East Asia accounted for about 20 per cent of total imports. In value terms, overall imports touched nearly $1.81 billion during the year, with China's share amounting to about $800 million. A curb on substandard paper product imports could augur well for domestic paper manufacturing firms. Several paper stocks have seen healthy gains in the recent past despite stock market volatility amid prevailing global uncertainties. Shares of Agio Paper have surged 72 per cent over the last three months, while those of NR Agarwal Industries have jumped 55 per cent in the same period. Stocks such as Astron Paper & Board Mill, Shree Rama Newsprint, Tamil Nadu Newsprint, West Coast Paper, Orient Paper, JK Paper and Andhra Paper have jumped 10-35 per cent over the last three months. Read all market-related news here Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Business Standard
20-05-2025
- Business
- Business Standard
JK Paper drops as Q4 PAT tanks 72% YoY to Rs 76 cr; declares dividend of Rs 5/sh
JK Paper fell 1.43% to Rs 349.20 after its consolidated net profit tumbled 72.35% to Rs 76.20 crore in Q4 FY25 as against Rs 275.64 crore posted in same quarter last year. Revenue from operations shed 1.69% year on year (YoY) to Rs 1,689.50 crore in the quarter ended 31 March 2025. Profit before tax tanked 67.01% YoY to Rs 105.04 crore in Q4 FY25 over Q4 FY24. Total expenses rallied 10.41% year on year to Rs 1,609.42 crore in the quarter ended 31 March 2025. Employee benefits expense stood at Rs 149.58 (up 5.26%YoY), finance cost was at Rs 50.13 crore (up 44.80%) and cost of fuel consumed stood at Rs 1,069.85 crore (up 13.48% YoY) during the period under review. Revenue from paper and packaging segment declined 1.83% to Rs 1,670.61 crore in Q4 FY25 as against Rs 1,701.80 crore in Q4 FY24. Revenue from others segment tumbled 28.12% to Rs 23.74 crore in Q4 FY25 from Rs 33.03 crore in Q4 FY24. During the quarter under review, JK Paper acquired a 60% stake in the equity shares of Radhesham Wellpack (RWPL) on 3rd February 2025. Additionally, the company acquired 62.14% of the equity shares of Quadragen Vethealth (QVPL) on 25th March 2025. As a result, both RWPL and QVPL have now become subsidiaries of JK Paper. Commenting on the results, Shri Harsh Pati Singhania, chairman & managing director, said, Profits have been significantly impacted due to surge in imports at low prices and high wood cost. Despite adverse market scenario, the company achieved highest ever sale of 8.06 LMT during the year and maintained its leadership position across its product categories. Meanwhile, the board of directors of JK Paper has recommended a dividend of Rs 5 per share, amounting to Rs 84.70 crore, on the equity share capital for the financial year ended 31st March 2025. JK Paper is the market leader in Branded Copier Paper in India and amongst the top producers of Coated Paper and Packaging Products in the Country. The company is consistently following a policy of focusing on value added products like Copier, Bond, Security, Coated Papers, Virgin Fiber Packaging Boards, High-end Maplitho, Food Grade Papers, Boards, Corrugated Boxes, Mono Cartons and Labels.
Business Standard
20-05-2025
- Business
- Business Standard
JK Paper consolidated net profit declines 72.36% in the March 2025 quarter
Sales decline 1.69% to Rs 1689.50 crore Net profit of JK Paper declined 72.36% to Rs 76.20 crore in the quarter ended March 2025 as against Rs 275.64 crore during the previous quarter ended March 2024. Sales declined 1.69% to Rs 1689.50 crore in the quarter ended March 2025 as against Rs 1718.61 crore during the previous quarter ended March 2024. For the full year,net profit declined 63.47% to Rs 409.82 crore in the year ended March 2025 as against Rs 1121.77 crore during the previous year ended March 2024. Sales rose 0.88% to Rs 6718.07 crore in the year ended March 2025 as against Rs 6659.23 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1689.501718.61 -2 6718.076659.23 1 OPM % 12.8220.89 - 13.8224.26 - PBDT 191.50381.82 -50 858.551634.78 -47 PBT 105.04318.47 -67 526.861324.68 -60 NP 76.20275.64 -72 409.821121.77 -63
Economic Times
20-05-2025
- Business
- Economic Times
JK Paper shares in focus after PAT drops 72% YoY to Rs 77 cr in Q4
JK Paper reported a 72.3% drop in Q4FY25 net profit to Rs 77.05 crore, hit by higher wood costs and cheap imports. Revenue dipped 1.7% to Rs 1,690 crore, while EBITDA fell 42%, with margins shrinking to 14.3%. Despite headwinds, the company posted record sales of 8.06 LMT and announced a Rs 5 per share dividend. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads JK Paper share price performance Shares of JK Paper are likely to be in focus on Tuesday following the release of its Q4FY25 earnings report, in which the company reported a sharp 72.3% decline in net profit, falling to Rs 77.05 crore from Rs 278.6 crore in to the earnings data, revenue from operations saw a marginal decline of 1.7%, with Q4FY25 revenue at Rs 1,690 crore, compared to Rs 1,719 crore in the same quarter last financial metrics also reflected pressure on margins. EBITDA stood at Rs 241.63 crore, down 42% from Rs 416.44 crore in Q4FY24. As a result, the EBITDA margin contracted by 993 basis points, falling from 24.2% to 14.3% board of directors has recommended a dividend of Rs 5 per share for shareholders.'Profits have been significantly impacted due to a surge in imports at low prices and high wood costs. Despite the adverse market scenario, the company achieved its highest-ever sales of 8.06 LMT during the year and maintained its leadership position across product categories,' said Harsh Pati Singhania, Chairman & Managing Director of JK the past year, shares of JK Paper have declined by 6.54%. On a year-to-date (YTD) basis, the fall stands at 18.15%, while the 6-month decline is 13.63%. However, the stock has shown a 20.33% surge over the past 3 months, and a 7.14% gain in the last month. JK Paper shares closed flat at Rs 354.25 on the BSE on Tuesday.
Time of India
20-05-2025
- Business
- Time of India
JK Paper shares in focus after PAT drops 72% YoY to Rs 77 cr in Q4
Shares of JK Paper are likely to be in focus on Tuesday following the release of its Q4FY25 earnings report, in which the company reported a sharp 72.3% decline in net profit, falling to Rs 77.05 crore from Rs 278.6 crore in Q4FY24. According to the earnings data, revenue from operations saw a marginal decline of 1.7%, with Q4FY25 revenue at Rs 1,690 crore, compared to Rs 1,719 crore in the same quarter last year. Key financial metrics also reflected pressure on margins. EBITDA stood at Rs 241.63 crore, down 42% from Rs 416.44 crore in Q4FY24. As a result, the EBITDA margin contracted by 993 basis points, falling from 24.2% to 14.3% year-on-year. The board of directors has recommended a dividend of Rs 5 per share for shareholders. 'Profits have been significantly impacted due to a surge in imports at low prices and high wood costs. Despite the adverse market scenario, the company achieved its highest-ever sales of 8.06 LMT during the year and maintained its leadership position across product categories,' said Harsh Pati Singhania, Chairman & Managing Director of JK Paper. Also read: Protean eGov Technologies shares plunge 20% after downgrade amid PAN 2.0 project withdrawal JK Paper share price performance Over the past year, shares of JK Paper have declined by 6.54%. On a year-to-date (YTD) basis, the fall stands at 18.15%, while the 6-month decline is 13.63%. However, the stock has shown a 20.33% surge over the past 3 months, and a 7.14% gain in the last month. JK Paper shares closed flat at Rs 354.25 on the BSE on Tuesday. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
