Financials Star Paper Mills Limited

Equities

STARPAPER

INE733A01018

Paper Products

Market Closed - NSE India S.E. 07:43:49 2024-05-03 am EDT 5-day change 1st Jan Change
243 INR -2.35% Intraday chart for Star Paper Mills Limited +1.55% +5.15%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,118 1,975 1,101 1,875 2,480 2,284
Enterprise Value (EV) 1 2,479 1,354 362 1,095 1,500 1,964
P/E ratio 5.75 x 3.71 x 2.95 x 10.7 x 6.77 x 3.48 x
Yield 1.25% 1.98% 3.54% 2.08% 2.2% 2.39%
Capitalization / Revenue 0.9 x 0.52 x 0.32 x 0.8 x 0.75 x 0.46 x
EV / Revenue 0.72 x 0.36 x 0.11 x 0.47 x 0.45 x 0.4 x
EV / EBITDA 3.43 x 2.71 x 0.76 x 4.85 x 3.34 x 2.45 x
EV / FCF 8.24 x -12 x 7.67 x 89.1 x 8.26 x -2.51 x
FCF Yield 12.1% -8.31% 13% 1.12% 12.1% -39.9%
Price to Book 0.77 x 0.43 x 0.23 x 0.37 x 0.46 x 0.38 x
Nbr of stocks (in thousands) 15,608 15,608 15,608 15,608 15,608 15,608
Reference price 2 199.8 126.6 70.55 120.1 158.9 146.4
Announcement Date 5/21/18 8/27/19 9/5/20 8/31/21 8/30/22 8/29/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 3,466 3,777 3,410 2,334 3,305 4,927
EBITDA 1 723.2 499.4 477.7 225.8 449.2 800.4
EBIT 1 682.5 455.6 429.9 177.3 399.4 751.5
Operating Margin 19.69% 12.06% 12.61% 7.6% 12.08% 15.25%
Earnings before Tax (EBT) 1 722 515.3 491.5 248.8 442 833.4
Net income 1 542.6 531.9 372.7 175.2 366.5 656.7
Net margin 15.66% 14.08% 10.93% 7.51% 11.09% 13.33%
EPS 2 34.76 34.08 23.88 11.22 23.48 42.08
Free Cash Flow 1 300.7 -112.5 47.22 12.29 181.6 -783.7
FCF margin 8.68% -2.98% 1.38% 0.53% 5.49% -15.91%
FCF Conversion (EBITDA) 41.58% - 9.89% 5.44% 40.42% -
FCF Conversion (Net income) 55.42% - 12.67% 7.02% 49.55% -
Dividend per Share 2 2.500 2.500 2.500 2.500 3.500 3.500
Announcement Date 5/21/18 8/27/19 9/5/20 8/31/21 8/30/22 8/29/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 639 622 739 780 980 320
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 301 -112 47.2 12.3 182 -784
ROE (net income / shareholders' equity) 14.3% 12.4% 7.9% 3.54% 7.07% 11.6%
ROA (Net income/ Total Assets) 7.93% 4.94% 4.4% 1.73% 3.78% 6.71%
Assets 1 6,842 10,775 8,476 10,122 9,705 9,789
Book Value Per Share 2 260.0 292.0 313.0 322.0 343.0 381.0
Cash Flow per Share 2 2.490 0.2500 3.630 2.570 2.770 2.220
Capex 1 46.9 61.7 90.4 61.6 23.2 47.5
Capex / Sales 1.35% 1.63% 2.65% 2.64% 0.7% 0.96%
Announcement Date 5/21/18 8/27/19 9/5/20 8/31/21 8/30/22 8/29/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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