Company information
Star Paper Mills is engaged in manufacturing of paper and paper related products. Incorporated in 1938, the company is part of Duncan Goenka Group.
Star Paper has received ISO 9001:2000 and ISO 14001:2004 certifications for its quality management.
To produce its raw material, the company owns 34983 hectare on which 270 lakhs saplings have been grown spread across seven districts of western Uttar Pradesh and two districts of Uttranchal.
Star Paper Mills produces range of products used in industrial, packaging and cultural papers catering to almost all segments of consumers.
The company has an installed manufacturing capacity of 75,000 tonnes per annum of paper and paperboard.
The company has a pan–India presence through 50 dealers. Its clients include Century, Laminating, Eveready, Greenply, Thomson Press, Hindustan Lever, ITC, Pearson Education (Singapore ), Shree Krishna Paper and Thomson Press, among others
Products
The company produces a wide range of papers such as SS Maplitho White/Natural Shade, Greeting Paper, Kraft Paper, Padding Paper, MG Poster, Stiffner Cover, Cartridge Paper, Azurelaid and many more.
These products have application in paper printing, lottery printing, computer stationery, book printing, packaging various products, Defence/Ammunition Packing and many more.
Awards
Star Paper Mills has received the Greentech Award in Environmental Excellence in November 2005 and Greentech Award for safety in paper industries in April 2005.
As a token of appreciation for its energy conservation initiatives the company has received a Certificate of Merit from the Indian Paper Manufacturers Association
Stock ratios (based on latest quarter F17Q1 numbers)
Return on equity: 29.77%
Return on capital employed: 54.18%
Interest Coverage: ₹ 13.65
Net Profit latest quarter: ₹ 12.76 Cr.
NPM latest quarter: 17.06%
NPM last year: 6.06%
Debt to equity: 0.10
Outlook
Star Paper Mills at current market price 129 trading on P/E of 8 weather it's peers trade at P/E of 12-20.
in FY17Q1 it posted eps of 8.18. company has been reduced debt and now virtuallty debt free and available at attractive valuations.
if in next three quarters id it posts the numbers like Q1. then with annual eps around 32 and if traded at p/e of 10 then 32*10 320 is the reasonable Target price for star paper mills in time-frame of one year from now. and if it keeps the permanence continue then it will be proven as compounder in future.
so i recommend buy star paper mills @129 for target of 200-220 in 6 months 320 in one year and 500-600 in next 3-5 years.
My views are personal do your own homework before invest.
Understanding different fundamentals related to company is must if you are looking for making an investment in its stocks. If you lack in sufficient market knowledge then you can take help from financial advisory services providers.
ReplyDeleteThis value stocks are preferable the best opinion in the market to serve a better situation in the whole solution.
ReplyDeleteStock Cash Tips
Nifty Trading Tips
I'm here to share my testimony of what a good trusted loan company did for me. My name is Nikita Tanya, from Russian and I’m a lovely mother of 3 kids I lost my funds on trying to get a loan it was so hard for me and my children, I went online to seek for a loan assistance all hope was lost until one faithful day when I met this friend of mine who recently secured a loan from a very honest man Mr, Benjamin. She introduced me to this honest loan officer Mr, Benjamin who helped me get a loan in within 5 working days, I will forever be grateful to Mr Benjamin, for helping me get back on feet again. You can contact Mr Benjamin via email: lfdsloans@outlook.com they do not know I’m doing this for them, but i just have to do it because a lot of people are out there who are in need of a loan assistance please come to this honest man and you can be save as well .WhatsApp:(+1 989-394-3740)
ReplyDelete