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JK Paper Ltd

NSE: JKPAPER BSE: 532162

Established in 1962, JK Paper is the leading player in Office papers, Coated papers and Packaging boards. It is one of the most respected paper companies today. [1]

372
52W: ₹305 — ₹445
PE 30.1 · Book ₹288 · +29% vs book
Market Cap₹6,743 Cr
Stock P/E30.1Price to Earnings
ROCE8.72%Return on Capital
ROE7.03%Return on Equity
Div. Yield1.31%Face Value ₹10

Strengths

  • +Company has been maintaining a healthy dividend payout of 18.2%
  • +Promoter holding has increased by 3.31% over last quarter.

Shareholding Pattern

Promoters52.94%
FIIs11.59%
DIIs6.15%
Public29.32%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters49.64%49.64%49.64%49.64%49.63%0.049.63%49.63%52.94%3.3
FIIs12.09%11.37%0.712.18%0.811.86%0.311.76%0.111.5%0.312.07%0.611.59%0.5
DIIs5.71%5.81%0.15.55%0.35.5%0.05.47%0.05.58%0.15.86%0.36.15%0.3
Public32.56%33.19%0.632.62%0.633%0.433.14%0.133.29%0.132.43%0.929.32%3.1

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales1,4531,5121,5001,4791,4241,3901,4391,3601,4211,343
Expenses1,1261,2031,1901,2671,2011,2501,2531,1571,2561,230
Operating Profit327309310212222140186203165113
OPM %23%20%21%14%16%10%13%15%12%8%
Net Profit2372042301091216174735713
EPS ₹14.0212.0613.566.447.143.614.374.283.340.75

AI Insights

Revenue Trend

TTM revenue at ₹5,563Cr, down 2.9% YoY. OPM at 12%.

Debt Position

Borrowings at ₹1,792Cr. Debt-to-equity ratio: 0.38x. Healthy balance sheet.

Capex Cycle

CWIP at ₹343Cr (9% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 6.15% (+3.04pp change). FIIs: 11.59% (+1.13pp change). Promoters hold 52.94%.

Margin & Efficiency

ROCE improving from 0% (Mar 2014) to 9% (Mar 2025). Working capital days: 24.

Valuation

PE 30.1x with 8.72% ROCE. Price is 29% above book value of ₹288. Dividend yield: 1.31%.

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