Financials Emami Paper Mills Limited

Equities

EMAMIPAP

INE830C01026

Paper Products

Market Closed - Bombay S.E. 03:30:48 08/05/2024 pm IST 5-day change 1st Jan Change
111 INR +0.50% Intraday chart for Emami Paper Mills Limited -3.40% -6.45%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 11,598 10,406 3,167 7,460 9,907 6,791
Enterprise Value (EV) 1 26,708 25,774 17,062 16,501 17,744 15,371
P/E ratio 70.8 x 23.7 x -30.3 x 14.7 x 11.3 x 12.9 x
Yield 0.63% 0.7% - - 0.98% 1.43%
Capitalization / Revenue 0.85 x 0.68 x 0.21 x 0.61 x 0.51 x 0.29 x
EV / Revenue 1.96 x 1.67 x 1.12 x 1.36 x 0.91 x 0.67 x
EV / EBITDA 16 x 9.85 x 6.94 x 9.3 x 5.54 x 6.55 x
EV / FCF -18 x 479 x 11.9 x 10.4 x 26.4 x -19.9 x
FCF Yield -5.57% 0.21% 8.4% 9.65% 3.79% -5.03%
Price to Book 4.78 x 4.03 x 1.45 x 2.52 x 2.42 x 1.49 x
Nbr of stocks (in thousands) 60,499 60,499 60,499 60,499 60,499 60,499
Reference price 2 191.7 172.0 52.35 123.3 163.8 112.2
Announcement Date 02/05/18 22/07/19 25/08/20 04/08/21 27/07/22 18/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 13,624 15,402 15,176 12,163 19,577 23,081
EBITDA 1 1,674 2,616 2,458 1,774 3,202 2,348
EBIT 1 1,031 1,923 1,739 1,059 2,466 1,672
Operating Margin 7.57% 12.48% 11.46% 8.71% 12.6% 7.25%
Earnings before Tax (EBT) 1 239.3 662.4 -45.2 1,026 1,534 931
Net income 1 163.8 439.9 -104.5 510.6 1,148 691.7
Net margin 1.2% 2.86% -0.69% 4.2% 5.86% 3%
EPS 2 2.707 7.270 -1.730 8.398 14.46 8.712
Free Cash Flow 1 -1,488 53.78 1,434 1,593 672.2 -773
FCF margin -10.92% 0.35% 9.45% 13.09% 3.43% -3.35%
FCF Conversion (EBITDA) - 2.06% 58.33% 89.77% 21% -
FCF Conversion (Net income) - 12.22% - 311.91% 58.56% -
Dividend per Share 2 1.200 1.200 - - 1.600 1.600
Announcement Date 02/05/18 22/07/19 25/08/20 04/08/21 27/07/22 18/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 15,110 15,369 13,895 9,042 7,838 8,580
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.029 x 5.874 x 5.653 x 5.096 x 2.448 x 3.654 x
Free Cash Flow 1 -1,488 53.8 1,434 1,593 672 -773
ROE (net income / shareholders' equity) 6.87% 17.6% -4.38% 13.5% 19.3% 10.2%
ROA (Net income/ Total Assets) 3.41% 5.9% 5.4% 3.57% 8.64% 5.57%
Assets 1 4,799 7,458 -1,937 14,295 13,286 12,425
Book Value Per Share 2 40.10 42.60 36.20 48.90 67.70 75.20
Cash Flow per Share 2 2.290 1.550 3.170 1.970 0.0300 0.0200
Capex 1 1,262 1,575 391 97.9 350 262
Capex / Sales 9.26% 10.23% 2.57% 0.8% 1.79% 1.13%
Announcement Date 02/05/18 22/07/19 25/08/20 04/08/21 27/07/22 18/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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