Financials Andhra Paper Limited

Equities

ANDHRAPAP

INE435A01028

Paper Products

Market Closed - Bombay S.E. 06:00:50 2024-04-26 am EDT 5-day change 1st Jan Change
527.7 INR +5.89% Intraday chart for Andhra Paper Limited +7.78% -13.44%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 11,551 17,769 5,747 8,730 11,812 16,453
Enterprise Value (EV) 1 13,555 17,340 4,075 7,260 9,455 9,476
P/E ratio 13.9 x 8.88 x 2.7 x -190 x 8.45 x 3.15 x
Yield - - - 2.28% 2.53% 3.02%
Capitalization / Revenue 0.91 x 1.24 x 0.45 x 0.98 x 0.86 x 0.78 x
EV / Revenue 1.07 x 1.21 x 0.32 x 0.82 x 0.69 x 0.45 x
EV / EBITDA 6.05 x 4.57 x 1.37 x 13.2 x 4.33 x 1.29 x
EV / FCF 10.9 x 8.7 x 3.9 x 12.2 x 9.65 x 2.18 x
FCF Yield 9.2% 11.5% 25.6% 8.2% 10.4% 45.8%
Price to Book 2.05 x 2.33 x 0.59 x 0.9 x 1.08 x 1.04 x
Nbr of stocks (in thousands) 39,770 39,770 39,770 39,770 39,770 39,770
Reference price 2 290.4 446.8 144.5 219.5 297.0 413.7
Announcement Date 7/3/18 7/3/19 8/27/20 7/12/21 7/18/22 7/18/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 12,640 14,273 12,697 8,867 13,802 20,977
EBITDA 1 2,242 3,790 2,979 551.7 2,185 7,357
EBIT 1 1,602 3,125 2,283 -121 1,520 6,750
Operating Margin 12.68% 21.89% 17.98% -1.36% 11.01% 32.18%
Earnings before Tax (EBT) 1 1,265 3,113 2,358 -61.98 1,884 7,010
Net income 1 830.7 2,001 2,129 -45.99 1,397 5,225
Net margin 6.57% 14.02% 16.77% -0.52% 10.12% 24.91%
EPS 2 20.89 50.31 53.54 -1.156 35.13 131.4
Free Cash Flow 1 1,247 1,994 1,045 595.7 979.4 4,338
FCF margin 9.86% 13.97% 8.23% 6.72% 7.1% 20.68%
FCF Conversion (EBITDA) 55.61% 52.61% 35.06% 107.99% 44.82% 58.97%
FCF Conversion (Net income) 150.08% 99.66% 49.06% - 70.09% 83.04%
Dividend per Share - - - 5.000 7.500 12.50
Announcement Date 7/3/18 7/3/19 8/27/20 7/12/21 7/18/22 7/18/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 2,004 - - - - -
Net Cash position 1 - 429 1,672 1,469 2,357 6,977
Leverage (Debt/EBITDA) 0.8939 x - - - - -
Free Cash Flow 1 1,247 1,994 1,045 596 979 4,338
ROE (net income / shareholders' equity) 15.9% 30.1% 24.5% -0.47% 13.5% 39%
ROA (Net income/ Total Assets) 8.9% 17.1% 11.4% -0.57% 6.71% 24.1%
Assets 1 9,338 11,694 18,705 8,068 20,819 21,689
Book Value Per Share 2 142.0 192.0 245.0 245.0 275.0 398.0
Cash Flow per Share 2 4.030 3.680 3.590 3.850 6.170 5.360
Capex 1 334 416 278 215 394 1,149
Capex / Sales 2.64% 2.91% 2.19% 2.42% 2.86% 5.48%
Announcement Date 7/3/18 7/3/19 8/27/20 7/12/21 7/18/22 7/18/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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