STAR PAPER MILLS LTD - Q1 FY 2017-18 RESULTS

STAR PAPER MILLS LTD

Q1 FY 2017-18 RESULTS

About the Company

Star Paper Mills manufactures paper and paper related products and is part of Duncan Goenka Group.

To produce its raw material, the company owns huge tracts of land across seven  districts of western Uttar Pradesh and two districts of Uttranchal. 



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.

Outlook

Star Paper Mills has huge expansion plans for future.

RESULTS FOR Q1 FY 17-18

(In Crores of Rupees)

CURRENT Market Price : 173
Q1 EPS                       : 8.66
PE Ratio                     : 173/(4 x 8.66) = 4.99

STAR PAPER MILLS	Jun '17	Mar '17	Dec '16	Sep '16	Jun '16
Net Sales	88.93	83.23	77.53	83.24	73.57
Other Operating Income	--	3.56	0.83	0.95	1.21
Total Income From Operations	88.93	86.79	78.36	84.19	74.78
EXPENDITURE
Consumption of Raw Materials	27.88	25.89	25.77	24.67	26.43
Increase/Decrease in Stocks	-0.58	1.81	-2.74	4.18	-0.08
Power & Fuel	19.28	19.63	20.04	17.51	14.09
Employees Cost	7.31	7.18	7.48	7.76	6.85
Depreciation	0.97	0.83	1.03	1.14	1.12
Other Expenses	16.7	12.9	11.89	11	10.89
P/L Before Other Inc. , Int., Excpt. Items & Tax	17.36	18.55	14.89	17.93	15.48
Other Income	1.08	0.25	0.37	0.67	0.22
P/L Before Int., Excpt. Items & Tax	18.44	18.8	15.26	18.6	15.7
Interest	0.25	0.36	0.27	0.29	0.35
P/L Before Tax	18.19	18.44	14.99	18.31	15.35
Tax	4.67	0.11	1.73	2.72	2.59
Net Profit/(Loss) For the Period	13.52	18.33	13.26	15.59	12.76
Equity Share Capital	15.61	15.61	15.61	15.61	15.61
EPS After Extra Ordinary
Basic EPS	8.66	11.74	8.5	9.98	8.18
Diluted EPS	8.66	11.74	8.5	9.98	8.18