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Shree Ajit Pulp and Paper Ltd Fundamentals

Market Cap
₹ 121.68 Cr
P/E Ratio (TTM)
20.92
P/B Ratio
0.59
Debt to Equity
0.54
ROE
5.72
EPS (TTM)
10.86
Dividend Yield
0.44 %
Book Value
385.67

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Shree Ajit Pulp and Paper Ltd Financials

Shree Ajit Pulp and Paper Ltd Financials

Shree Ajit Pulp and Paper Ltd Shareholding Pattern

Held By Mar 2024 Feb 2024 Dec 2023 Sep 2023
Promoters 59.34 % 59.34 % 56.84 % 56.84 %
Retail 35.22 % 34.88 % 36.59 % 36.55 %
Others 5.44 % 5.78 % 6.57 % 6.61 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

59.34%

Retail

35.22%

Others

5.44%

Mutual Funds

0.00%

FII

0.00%

Promoters

59.34%

Retail

34.88%

Others

5.78%

Mutual Funds

0.00%

FII

0.00%

Promoters

56.84%

Retail

36.59%

Others

6.57%

Mutual Funds

0.00%

FII

0.00%

Promoters

56.84%

Retail

36.55%

Others

6.61%

Mutual Funds

0.00%

FII

0.00%

Resistance and Support

₹228.37

PIVOT

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Resistance
First Resistance₹237.783
Second Resistance₹248.417
Third Resistance₹257.833
support-arrow
Support
First Support₹217.733
Second Support₹208.317
Third Support₹197.683

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day86578590.75
Week861,0130.00
1 Month861,4700.00
6 Months643,845518,69589.97

About Shree Ajit Pulp and Paper Ltd

Shree Ajit Pulp and Paper Ltd.(SAPPL), was incorporated as Private Limited Company on March 23, 1995 and converted into a Public Limited Company on November 13, 1995. The Company manufactures Multilayer Testliner & Testliner Paper from 80 to 350 GSM and 18 to 35 BF in Vapi. This product is mainly used for making Corrugated Boxes, Duplex Cartons, Corrugated small e-fluet etc. as packaging material. Apart from this, it is having 2 wind mills for total capacity of 2.75 MW in Gujarat State, set up for captive consumption. These are in operation. The Company is having wheeling arrangement with GETCO and DGVCL whereby the set off is given to Company for generation of electricity from wind mills. The company came out with an public issue aggregating 3.15 Crores in October, 1996. The Company started manufacturing quality kraft paper in 1997 with production capacity of 16,500 tonne per annum. Due to consistent efforts, continuous innovation, technological advancements, consistent quality products and huge base of satisfied customers, it increased production capacity to 1,08,000 tonne per annum. The Company set up a subsidiary, viz. Ajit Export Inc. in the USA in 2006 and it ceased to be the subsidiary of the Company with effect from 6th December 2007 upon sale of shares held by the Company. Thereafter, the first phase of the modernization of the existing unit was commissioned costing Rs 6.43 Crores in 2007. The work on second phase of modernization and expansion of the existing unit got commissioned and was made operational in March, 2009. The Company set up Wind Power Plant of 1.50 MW capacity at Miyana, Dist Rajkot, costing Rs 8.97 Crores, which was erected and commissioned in March, 2010 and it started generating power effective from 29th March, 2010. It also got into wheeling agreement with Gujarat Energy Transmission Limited for availing the power generated at their manufacturing plant at Vapi. Also, that the Company incorporated a fully owned subsidiary Shree Samrudhi Industrial Papers Pvt Ltd on 2nd April, 2010. It formed a 50:50 JV by incorporating a private Company, Shree Samrat Pulp and Paper Pvt Ltd. in 2010-11. The Company setup a Wind Mill having capacity of 1.25 MW at Taluka Dwarka, in Dist. Jamnagar, which was commissioned costing Rs 6.38 Crores and started power generation with effect from 30th March, 2012. The Co-Generation Power Plant having 1.50 MW capacity was commissioned in October, 2013.

Managing Director

1995

Founded

Gautam D Shah

NSE Symbol

NA

Shree Ajit Pulp and Paper Ltd Management

NameDesignation
Gautam D ShahChairman & Managing Director
Darshak B ShahIndependent Director
Bela G ShahWhole Time Director & CFO
Nawalkishore D ModiIndependent Director
Shanoo MathewCompany Sec. & Compli. Officer
YOGESH VALJIBHAI KABARIAIndependent Director
Prakash Dayarambhai PatelExecutive Director

Events

Dividend Announcement for Shree Ajit Pulp and Paper Ltd - May 30, 2023

On May 30, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 10.0%. This dividend percentage reflec...

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Shree Ajit Pulp and Paper Ltd News

Shree Ajit Pulp and Paper consolidated net profit declines 89.68% in the December 2023 quarter
Sales decline 50.28% to Rs 43.07 crore
Shree Ajit Pulp and Paper to hold board meeting
On 14 February 2024
Shree Ajit Pulp and Paper standalone net profit declines 60.16% in the September 2023 quarter
Sales decline 35.89% to Rs 68.10 crore
Shree Ajit Pulp and Paper consolidated net profit declines 51.07% in the September 2023 quarter
Sales decline 35.89% to Rs 68.10 crore
Shree Ajit Pulp and Paper to conduct board meeting
On 9 November 2023
Shree Ajit Pulp and Paper consolidated net profit rises 5.12% in the June 2023 quarter
Sales decline 26.53% to Rs 75.87 crore
Shree Ajit Pulp and Paper schedules board meeting
On 14 August 2023
Shree Ajit Pulp and Paper to hold board meeting
On 14 July 2023
Shree Ajit Pulp and Paper to hold AGM
On 4 August 2023
Board of Shree Ajit Pulp and Paper recommends final dividend
Of Rs 1 per share

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Shree Ajit Pulp and Paper Ltd FAQ

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

Shree Ajit Pulp and Paper Ltd's P/E ratio is 20.92 times as of May 18, 2024 at 04:00 PM.

Shree Ajit Pulp and Paper Ltd's most recent financial reports indicate a price-to-book ratio of 0.59, 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. Shree Ajit Pulp and Paper Ltd's market is 122 Cr as on May 18, 2024 at 04:00 PM.

The current financial records of Shree Ajit Pulp and Paper Ltd show a 5.72% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Shree Ajit Pulp and Paper Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Shree Ajit Pulp and Paper Ltd stands at 59.34%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.