Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

JK Paper Ltd Performance

Today's Low
358.40
arrowIcon
Today's High
358.40
52 Wk Low
306.40
arrowIcon
52 Wk High
452.00


Open

358.4

Traded Value (Cr)

3.49 L

Prev. Close

356.6

VWAP

357.58

Volume

2,95,202

Face Value

10

JK Paper Ltd Fundamentals

Market Cap
₹ 6,170 Cr
P/E Ratio (TTM)
5.48
P/B Ratio
1.34
Debt to Equity
0.54
ROE
26.49 %
EPS (TTM)
66.49
Dividend Yield
2.20%
Book Value
272.05

Click here to know more about Fundamentals

JK Paper Ltd Financials

JK Paper Ltd Financials

JK Paper Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 49.63 % 49.63 % 49.63 % 49.63 %
Retail 22.77 % 23.27 % 23.31 % 24.82 %
Others 15.87 % 14.31 % 14.29 % 12.90 %
FII 9.26 % 10.75 % 10.90 % 10.46 %
Mutual Funds 2.46 % 2.04 % 1.87 % 2.19 %

Promoters

49.63%

Retail

22.77%

Others

15.87%

FII

9.26%

Mutual Funds

2.46%

Promoters

49.63%

Retail

23.27%

Others

14.31%

FII

10.75%

Mutual Funds

2.04%

Promoters

49.63%

Retail

23.31%

Others

14.29%

FII

10.90%

Mutual Funds

1.87%

Promoters

49.63%

Retail

24.82%

Others

12.90%

FII

10.46%

Mutual Funds

2.19%

Resistance and Support

₹329.70

PIVOT

resistance-arrow
Resistance
First Resistance₹332.400
Second Resistance₹336.650
Third Resistance₹339.350
support-arrow
Support
First Resistance₹325.450
Second Resistance₹322.750
Third Resistance₹318.500
RSI68.656
MACD12.561
ADX34.843
CCI68.834

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day295,202137,71546.65
Week592,873353,47068.16
1 Month985,402561,83557.89
6 Months545,105545,105100.00

About JK Paper Ltd

J K Paper Ltd (formerly known as Central Pulp Mills), a member of HS Singhania Group is originally promoted by Parkhe Group of Pune to manufacture Paper and Paper products. The Company was incorporated in July, 1960. The Company is India's largest producer of branded papers and a leading player in Coated Papers and High-end Packaging Boards. It has two integrated Pulp and Paper Plants at Strategic Locations Unit JKPM in East (Rayagada, Odisha) and Unit CPM in West (Songadh, Gujarat). The Company's three manufacturing facilities comprise the following: JK Paper Mills in Rayagada, Odisha, with an installed capacity of 2,95,000 TPA Central Pulp Mills in Songadh, Gujarat, with an installed capacity of 1,60,000 TPA Sirpur Paper Mills in Kagaznagar, Telangana (owned through its subsidiary), with an installed capacity of 1,36,000 TPA. It is the 1st Indian paper company to introduce Colorlok Technology in its complete range of Copier papers in India, 1st Indian paper company to get TPM certification from JIPM, Japan; 3rd Paper Company in the World and also 1st Paper Mill in India to get ISO 9001,ISO 14001 and OHSAS 18000. It has a worldwide footprint with customers in over 60 countries covering the USA, Middle East, Europe, South-East Asia, and Africa. In India, the Company provide services to customers through a network of over 350 trade partners, 4,000 dealers, 15 depots & 4 regional marketing offices. The Group commenced its journey in 1938 and made with an investment in the manufacture of straw board in Bhopal with a capacity of 3,600 TPA. The Company established its first paper manufacturing unit at JKPM, Odisha, in 1962. In 1992, it acquired Unit at CPM in Gujarat. The company which fell sick and referred to BIFR was taken over by JK Corp Ltd a member of the HS Singhania Group in 1992. JK Corp. holds 44.76% in the equity of this company as on Nov 6, 2003. The company has turnaround in a short period of time with the rehabilitation package by HS Singhania Group companies JK Corp Ltd and JK Industries. JK Paper today has an combined installed capacity of 150000 tpa with two integrated Paper Mills at JK Paper Mills, Orissa (Inst. Cap 100000 tpa) and Central Pulp Mills, Gujarat(Inst. Cap 50000 tpa). The company's paper mills are operating with a health average capacity utilisation of 115%. Further the company has purchased a Pulp Drying Plant from Finland in 2001 to increase the output and realization of market pulp. The plant was commissioned during the year itself. In 2005, the Company commissioned a coating plant at JKPM Unit in Odisha. In 2007, it commissioned a premium packaging board plant at Unit - CPM (Gujarat). J K Paper has also been consistently exporting its products to markets such as Sri Lanka, Bangladesh and several West Asian Countries. The company is the first paper mill in India to have been accredited with ISO 14001. The company enjoys the locational advantage in respect of sourcing raw material. It sources all its bamboo requirements with in the 200 kms radius of the plant. Further for long term continuous source of raw material the company is running social forestry and farm forestry programmes in 11 districts of Orissa and 3 districts of Andhra Pradesh, covering a total area of over 20,000 Ha. In 2001-02 it has distributed 27 million saplings, covering over 5200 hectares under plantations in Orissa, AP and Gujarat. J K Paper has been a pioneer in every field related to the manufacture and marketing of paper. It has the distinction of being the Largest manufacturer of branded copier paper in India.; First to introduce surface sized maplitho in India.; First to introduce high quality bond paper 'Finesse' in A4 size consumer friendly retail packs of 100 sheets. First to introduce laser paper in India. The company has introduced two new value added products i.e. MICR Cheque Paper and Cup-stock Board and both of them have well recieved in the market. The company which is well known for its success in creating brand in paper industry with having top two paper brand (i.e JK Copier[contributing 140 cr. to co's turnover in FY02-03] & JK Easy Copier) in its basket the company has initiated outsourcing of paper products in India. This outsourcing activity was kick started in the end of 2001-02 and gathered momentum last year. The company has outsources JK Cote (positioned in upper art paper segment) from an international producer who produces as per the specification of JK Paper. The company outsouces domestically JK Eco Cote (caters to price conscious Chrome paper segment) and 'JK Eco Print'. The Scheme of Compromise and/or Arrangement between JK Corp Limited and The Central Pulp Mills Limited was approved and sanctioned by the High Court of Orissa and High Court of Gujarat and become effective on 5th November 2001. Subsequent to this the name of the company was changed to JK Paper Ltd from The Central Pulp Mills Ltd. Latest Development: JK Paper is planning to upgrade over half of its paper manufacturing capacity to manufacture coated paper. The upgradation (Conversion from non-coated to coated) to cost around Rs.60 crs. In 2013, the Company commissioned a new fiber line and high-speed paper manufacturing machine at Unit - JKPM (Odisha) with a capacity of 1,65,000 TPA. During the year 2016, the Company had issued 1,19,10,000 Equity Shares of Rs.10/- each at a price of Rs.42/- (including premium of Rs.32/-) aggregating to Rs.50 Crore on preferential basis to the Promoter and constituents of the Promoter Group. Consequently, the paid-up Equity Share Capital of the Company increased to Rs.148.53 Crore from Rs.136.62 Crore. The proceeds of the said issue have been used towards augmenting the Net Worth of the Company. During the year under review, the Company had issued 74,28,240 Equity Shares of Rs. 10/- each at a conversion price of Rs.56.37 per Equity Share consequent upon the conversion of the Foreign Currency Convertible Bonds (FCCBs) (Series 2) to the holders of such FCCBs. The Company had also converted its FCCBs (Series 3) into 74,28,240 Equity Shares of Rs. 10/- each at a similar conversion price during the financial year 2017-18 and consequently the paid-up Equity Share Capital of the Company stands increased to Rs. 163.39 Crore on the date of signing of this Report. During the year 2018, Euro 17.1 million FCCBs were converted resulting in increase in paid up Equity Capital of the Company from Rs 155.96 crore to Rs 175.50 crore. Since then, all the remaining FCCBs (Euro 2.4 million) have been converted enhancing the Equity Share Capital to Rs.178.24 crore. In 2018, the Company acquired Sirpur Paper Mills Limited (SPML) in Telangana with an installed capacity of 1,36,000 MTPA. It made several de-bottlenecking and cost optimising investments in critical areas like head box, steam and power systems, finishing equipment, refiners, chemical processing, effluent discharge etc. in its existing facilities during the year totaling over Rs. 94 crore. In 2019, the Company was certified as a Great Place to Work and the Unit CPM of the Company was awarded the Dr. B. L. Bihani, the Memorial Award for Best Paper (National) at PaperEx 2019. During 2020-21, the Company procured 100% raw material from all sustainable sources into two categories i.e. FSC@ 100% wood from its Well Managed Group Plantations' and verified controlled wood through suppliers from Odisha, Andhra Pradesh, Chhattisgarh, Gujarat, Maharashtra and Madhya Pradesh. It produced new products, namely JK VFL, JK UFL, JK Color Kraft, JK Pac Fresh among others. Product categories launched in 2020-21 comprised Color Kraft paper, Kraft liner paper, JK Pac fresh. JK Sublime paper (rolls) & Liquid packaging board. During 2022, the Company commissioned 170,000 TPA packaging board expansion at Unit Central Pulp Mills (CPM). It launched JIA (JK Paper Intelligent Assistant). It acquired the Embedded systems and Electro Optics Business of Deepti Electronics and Electro Optics Pvt. Ltd. through a Business Transfer Agreement. During the year 2023, the Company had acquired 85% stake in Horizon Packs Pvt. Ltd and Securipax Packaging Ltd. Accordingly, HPPL and SPPL became subsidiaries of the Company. The Company formed a subsidiary, JKPL Packaging Products Limited (JKPPPL), which acquired a green field site in Ludhiana. The Company's s first Greenfield project in Ludhiana started trial production. It introduced new products such as, JK Eco green Purefil (Aqueous barrier coated Cupstock), K Eco green Tuff freeze (Aqueous barrier coated OGR Board), JK Purefil P2P (2 PE Coated Cupstock Board), and Cigarette Board.

Managing Director

Harsh Pati Singhania

Founded

1960

NSE Symbol

JKPAPER

JK Paper Ltd Management

NameDesignation
Bharat Hari SinghaniaChairman(Non Exe)&Dir(Non-Ind)
Harsh Pati SinghaniaVice Chairman & M.D.
Deepa Gopalan WadhwaIndependent Non Exe. Director
Dhirendra KumarNon-Exec & Non-Independent Dir
Rajya Vardhan KanoriaIndependent Non Exe. Director
Sandip SomanyIndependent Non Exe. Director
Shailendra SwarupIndependent Non Exe. Director
S K RoongtaNon-Exec & Non-Independent Dir
Vinita SinghaniaNon-Exec & Non-Independent Dir
Amar Singh MehtaPresident & Executive Director
Anoop SethIndependent Non Exe. Director
Harshavardhan NeotiaIndependent Non Exe. Director
Bharat AnandIndependent Director

JK Paper Ltd News

JK Paper consolidated net profit declines 28.61% in the December 2023 quarter
Sales rise 3.84% to Rs 1706.22 crore
Board of JK Paper recommends interim dividend
Of Rs 3.5 per share
JK Paper to convene board meeting
On 7 February 2024
JK Paper fixes record date for interim dividend
Record date is 26 February 2024
Volumes soar at JK Paper Ltd counter
JK Paper Ltd clocked volume of 34.42 lakh shares by 14:14 IST on NSE, a 8.21 times surge over two-week average daily volume of 4.19 lakh shares
JK Paper receives affirmation in credit ratings from CRISIL
JK Paper consolidated net profit declines 6.75% in the September 2023 quarter
Sales rise 0.36% to Rs 1650.04 crore
JK Paper to announce Quarterly Result
On 3 November 2023
JK Paper gains on inking pact to acquire 100% stake in Manipal Utility Packaging Solutions
JK Paper rose 1.06% to Rs 400.70 after the company entered into share purchase agreement (SPA) to acquire 100% stake in Manipal Utility Packaging Solutions (MUPSL) for consideration of Rs 4.07 crore.
Board of JK Paper approves acquisition of Manipal Utility Packaging Solutions
At meeting held on 16 October 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
CENTURYTEX₹ 19,802 Cr
₹ 1,781.00
(0.46 %)
70.41
WSTCSTPAPR₹ 4,005 Cr
₹ 619.75
(2.19 %)
7.15
SESHAPAPER₹ 1,993 Cr
₹ 317.70
(0.49 %)
6.18
ANDHRAPAP₹ 1,962 Cr
₹ 493.00
(-0.11 %)
4.21
TNPL₹ 1,817 Cr
₹ 262.60
(0.00 %)
6.53

JK Paper Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase JK Paper Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. JK Paper Ltd's share price is ₹358.40 as of April 18, 2024

JK Paper Ltd's P/E ratio is 5.48 times as of April 18, 2024.

JK Paper Ltd's most recent financial reports indicate a price-to-book ratio of 1.34, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. JK Paper Ltd's market is 6,170 Cr as on April 18, 2024.

The current financial records of JK Paper Ltd show a 26.49% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a JK Paper Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. JK Paper Ltd's 52-week high and low as of April 18, 2024 are ₹358.4 and ₹358.4 respectively.

As of the Mar 2024 quarter, the promoter shareholding in JK Paper Ltd stands at 49.63%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 10.75% to 9.26%.