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Last Updated on: 24 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Astron Paper & Board Mill Ltd

About the Company - Astron Paper & Board Mill Ltd

Astron Paper & Board Mill Ltd. is a Public Limited Listed company incorporated on 29/12/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L21090GJ2010PLC063428 and registration number is 063428. Currently Company is involved in the business activities of Manufacture of corrugated paper and paperboard. Company’s Total Operating Revenue is Rs. 512.83 Cr. and Equity Capital is Rs. 46.50 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Paper & Paper ProductsD-702, Seventh Floor, Ganesh Meridian, Ahmedabad Gujarat 380060info@astronpaper.com
http://www.astronpaper.com
Management
NamePosition Held
Mr. Kirit Ghanshyambhai PatelChairman & Managing Director
Mr. Sudhir Omprakash MaheshwariIndependent Director
Ms. Dhyanam Sunilkumar VyasIndependent Director
Mr. Dhiren Narendrakumar ParikhIndependent Director
Mr. Karshanbhai Hirabhai PatelDirector
Mr. Ramakant Kantibhai PatelWhole Time Director
Mr. Anand MaheshwariIndependent Director

Basic Stock Data of Astron Paper & Board Mill Ltd

Last Updated: June 21, 2024, 11:12 am

Market Cap 94.4 Cr.
Current Price 20.3
High / Low40.9/19.0
Stock P/E
Book Value 31.8
Dividend Yield0.00 %
ROCE1.85 %
ROE7.30 %
Face Value 10.0
PEG Ratio0.00

Competitors of Astron Paper & Board Mill Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Bandaram Pharma Packtech Ltd 41.8 Cr. 34.847.8/24.043.1 10.20.29 %9.10 %12.6 % 10.0
NR Agarwal Industries Ltd 876 Cr. 515548/2626.98 4470.00 %13.9 %18.0 % 10.0
Orient Paper & Industries Ltd 1,090 Cr. 51.459.8/40.0175 76.31.95 %2.29 %0.40 % 1.00
Seshasayee Paper & Boards Ltd (SESHAPAPER) 2,159 Cr. 342422/2547.97 3031.46 %20.1 %15.3 % 2.00
Satia Industries Ltd 1,299 Cr. 130155/1006.15 93.20.77 %23.4 %25.4 % 1.00
Industry Average1,223.74 Cr185.85409.28161.730.88%21.88%76.24%6.09

Astron Paper & Board Mill Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales99.70124.35143.82112.45115.61141.56143.82115.86100.1387.2091.5478.3880.67
Expenses97.21115.60129.82106.20107.60132.16129.82116.95113.4291.9989.8976.3778.65
Operating Profit2.498.7514.006.258.019.4014.00-1.09-13.29-4.791.652.012.02
OPM %2.50%7.04%9.73%5.56%6.93%6.64%9.73%-0.94%-13.27%-5.49%1.80%2.56%2.50%
Other Income0.200.011.720.240.300.161.720.050.290.120.300.040.19
Interest2.712.653.262.402.282.543.262.512.662.573.222.652.80
Depreciation1.561.782.031.731.751.752.031.741.641.731.741.891.79
Profit before tax-1.584.3310.432.364.285.2710.43-5.29-17.30-8.97-3.01-2.49-2.38
Tax %24.05%34.41%34.80%22.03%37.62%35.10%34.80%26.09%30.17%26.76%54.15%24.50%30.25%
Net Profit-1.202.846.801.842.673.416.80-3.91-12.07-6.58-1.39-1.89-1.66
EPS in Rs-0.260.611.460.400.570.731.46-0.84-2.60-1.42-0.30-0.41-0.36

Astron Paper & Board Mill Ltd Quarterly Chart

Astron Paper & Board Mill Ltd Profit & Loss

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales251373358434512395338
Expenses219320322403484412337
Operating Profit3253363228-181
OPM %13%14%10%7%5%-4%0%
Other Income1112111
Interest10111111101111
Depreciation4567777
Profit before tax1938201612-35-17
Tax %-10%28%33%34%34%31%
Net Profit212813108-24-12
EPS in Rs4.485.942.852.201.74-5.15-2.49
Dividend Payout %0%0%0%0%0%0%

Astron Paper & Board Mill Ltd Profit & Loss Yearly Chart

Astron Paper & Board Mill Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:-4%
3 Years:-11%
TTM:-21%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:53%
Stock Price CAGR
10 Years:%
5 Years:-30%
3 Years:-29%
1 Year:-18%
Return on Equity
10 Years:%
5 Years:0%
3 Years:-5%
Last Year:-7%

Last Updated: June 21, 2024, 5:42 am

Astron Paper & Board Mill Ltd Balance Sheet

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital46464646464646
Reserves80105119129137113109
Borrowings75687358768484
Other Liabilities31929090906865
Total Liabilities232313329323350312304
Fixed Assets90138151149144155153
CWIP13207800
Investments0112211
Other Assets128172176166197155150
Total Assets232313329323350312304

Astron Paper & Board Mill Ltd Reserves and Borrowings Chart

Astron Paper & Board Mill Ltd Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 5462835-1011
Cash from Investing Activity -28-28-18-5-3-10
Cash from Financing Activity 38-33-4-2411-0
Net Cash Flow15-1556-21

Astron Paper & Board Mill Ltd Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days868496677060
Inventory Days759588615058
Days Payable53110127927576
Cash Conversion Cycle1086957364542
Working Capital Days936177627771
ROCE %23%14%11%9%-9%

Astron Paper & Board Mill Ltd Financial Efficiency Indicators Chart

Astron Paper & Board Mill Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters45.93%27.06%27.06%27.06%27.06%27.06%27.06%27.06%27.06%27.06%27.06%27.06%
FIIs0.00%0.01%0.15%0.05%0.00%0.06%0.00%0.00%0.00%0.00%0.00%0.00%
Public54.07%72.93%72.79%72.89%72.94%72.89%72.94%72.94%72.93%72.93%72.94%72.94%
No. of Shareholders18,63921,31820,56120,87020,78921,27921,68321,33620,82421,85321,07521,049

Astron Paper & Board Mill Ltd Shareholding Pattern Chart

No. of Astron Paper & Board Mill Ltd Shareholders

This stock is not held by any mutual fund

Astron Paper & Board Mill Ltd ROCE Trend

Astron Paper & Board Mill Ltd EPS Trend

Astron Paper & Board Mill Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-2.41-5.151.772.202.89
Diluted EPS (Rs.)-2.41-5.151.772.202.89
Cash EPS (Rs.)-0.84-3.683.283.704.22
Book Value[Excl.RevalReserv]/Share (Rs.)31.8434.2439.5337.7935.64
Book Value[Incl.RevalReserv]/Share (Rs.)31.8434.2439.5337.7935.64
Revenue From Operations / Share (Rs.)66.8484.89110.2993.5877.18
PBDIT / Share (Rs.)0.62-3.606.257.268.04
PBIT / Share (Rs.)-0.94-5.084.755.776.70
PBT / Share (Rs.)-3.36-7.432.673.354.26
Net Profit / Share (Rs.)-2.41-5.151.772.212.89
NP After MI And SOA / Share (Rs.)-2.41-5.151.772.212.89
PBDIT Margin (%)0.92-4.245.677.7510.41
PBIT Margin (%)-1.41-5.984.306.168.67
PBT Margin (%)-5.02-8.752.423.575.51
Net Profit Margin (%)-3.60-6.061.602.363.73
NP After MI And SOA Margin (%)-3.60-6.061.602.363.73
Return on Networth / Equity (%)-7.57-15.044.485.848.09
Return on Capital Employeed (%)-2.90-14.4910.8413.4816.52
Return On Assets (%)-3.80-7.672.353.174.08
Long Term Debt / Equity (X)0.010.010.040.070.09
Total Debt / Equity (X)0.550.530.410.320.41
Asset Turnover Ratio (%)1.031.211.571.371.15
Current Ratio (X)0.961.031.331.321.19
Quick Ratio (X)0.660.710.990.940.83
Inventory Turnover Ratio (X)4.916.347.775.853.91
Interest Coverage Ratio (X)0.25-1.533.013.003.29
Interest Coverage Ratio (Post Tax) (X)0.00-1.181.851.912.18
Enterprise Value (Cr.)161.75169.21266.55237.71187.19
EV / Net Operating Revenue (X)0.520.420.510.540.52
EV / EBITDA (X)56.02-10.099.177.045.01
MarketCap / Net Operating Revenue (X)0.280.240.380.430.34
Price / BV (X)0.600.591.081.080.74
Price / Net Operating Revenue (X)0.280.240.380.430.34
EarningsYield-0.12-0.250.040.050.10

Astron Paper & Board Mill Ltd Profitability Ratios (%)

Astron Paper & Board Mill Ltd Liquidity Ratios

Astron Paper & Board Mill Ltd Liquidity Ratios (%)

Astron Paper & Board Mill Ltd Interest Coverage Ratios (%)

Astron Paper & Board Mill Ltd Valuation Ratios

Strength and Weakness of Astron Paper & Board Mill Ltd Stock

StrengthWeakness
  1. The company has higher reserves (113.14 cr) compared to borrowings (74.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (380.14 cr) and profit (7.57 cr) over the years.
  1. The stock has a low average ROCE of 8.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 73.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 59.50, which may not be favorable.

FAQ

What is the latest fair value of Astron Paper & Board Mill Ltd?

The latest fair value of Astron Paper & Board Mill Ltd is ₹35.52.

What is the Market Cap of Astron Paper & Board Mill Ltd?

The Market Cap of Astron Paper & Board Mill Ltd is 94.4 Cr..

What is the current Stock Price of Astron Paper & Board Mill Ltd as on 24 June 2024?

The current stock price of Astron Paper & Board Mill Ltd as on 24 June 2024 is ₹20.3.

What is the High / Low of Astron Paper & Board Mill Ltd stocks in FY 2024?

In FY 2024, the High / Low of Astron Paper & Board Mill Ltd stocks is 40.9/19.0.

What is the Stock P/E of Astron Paper & Board Mill Ltd?

The Stock P/E of Astron Paper & Board Mill Ltd is .

What is the Book Value of Astron Paper & Board Mill Ltd?

The Book Value of Astron Paper & Board Mill Ltd is 31.8.

What is the Dividend Yield of Astron Paper & Board Mill Ltd?

The Dividend Yield of Astron Paper & Board Mill Ltd is 0.00 %.

What is the ROCE of Astron Paper & Board Mill Ltd?

The ROCE of Astron Paper & Board Mill Ltd is 1.85 %.

What is the ROE of Astron Paper & Board Mill Ltd?

The ROE of Astron Paper & Board Mill Ltd is 7.30 %.

What is the Face Value of Astron Paper & Board Mill Ltd?

The Face Value of Astron Paper & Board Mill Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Astron Paper & Board Mill Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE