JK Paper Q4 Review - A Stellar Quarter, Healthy Growth Outlook: IDBI Capital

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..IDBI Capital Report.JK Paper Ltd.’s Q4 FY22 result was beat to our estimate on net sales front, while margins were tad below owing to high raw material prices. Sharp increase in global pulp prices, higher raw material cost (coal, chemical, pulp, energy) in domestic market and healthy demand is supporting the price hike. Net sales increased by 49.2% YoY to Rs 13,398 million, while Ebitda came in at Rs 3,360 million, up by 47.1% YoY. Ebitda margin was marginally down by 30 basis points YoY to 25.1%. Net profit came in at Rs 1,702 million, up by 25.1% YoY. The management guided that demand looks promising, particularly in packaging space. JK Paper's newly added packaging board capacity and ramp up of Sirpur capacity will aid earnings growth in near term. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

JK Paper Q4 Review - A Stellar Quarter, Healthy Growth Outlook: IDBI Capital

JK Paper Q4 Review - A Stellar Quarter, Healthy Growth Outlook: IDBI Capital

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