Astron Paper & Board Mill Ltd.
Snapshot View

63.50 -0.80 ▼-1.2%

27 July 2021, 04:00:00 P.M.
Volume: 170,132

Overview View Details

Sector Paper Compare with Sector peers
Industry Paper & Paper Products Compare with Industry peers
Website http://www.astronpaper.com
Financial Indicators
Market Cap 299.00 Cr.
Earnings per share (EPS) 2.21 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 29.09 Trailing Twelve Months Ending 2021-06
Industry PE - Trailing Twelve Months Ending 2021-06
Book Value / Share 38.19 Trailing Twelve Months Ending 2021-06
Price to Book Value 1.68 Calculated using Price: 64.30
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 4.65 Cr. 46,500,000 Shares
FaceValue 10
Company Profile

The company was incorporated as a public limited company on December 29, 2010 under the provisions of the Companies Act, 1956 as ‘Astron Paper & Board Mill Limited’ in Gujarat vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli on December 29, 2010. The company also obtained the Certificate of Commencement of Business on February 3, 2011 from the Registrar of Companies, Gujarat, Dadra and Nagar Havelli.

The company is one of the major kraft paper manufacturers in Gujarat with their manufacturing facility having an installed capacity of 96,000 mt tonnes p.a. Their manufacturing facility is situated at Halvad, Gujarat and is well equipped with requisite plant and machineries and other facilities. They also have in house testing laboratory for quality control checks and testing of the products. They endeavour to maintain safety in their premises by adhering to key safety norms. Their manufacturing and  dispatch  process has been assessed and certified as meeting the requirements of ISO 9001:2008,  ISO  14001:12004 by an international organization viz. SGS United Kingdom Ltd. Systems& Services  Certification.

With increasing environmental awareness, the company has since its inception adopted the use of waste paper as raw material instead of traditional usage of wood. The  process  of manufacturing  Kraft  paper involves recycling of wastepaper and with many organizations, now supporting the Go Green Campaign, it increases the demand of FSC certified Kraft paper as the same is eco friendly. They have been environmentally conscious and their products have been certified as meeting relevant FSC Standards since 2014 by SGS South Africa (Pty) Ltd.

Business area of the Company:

Astron Paper and Board Mills is engaged in manufacturing of kraft paper. Within a short span of time, the company has developed a name for itself in kraft paper industry and they have  been  able  to  establish  a  brand  associated  with  qualitative  and  comprehensive  range  of  kraft  papers. They mainly cater to packaging industry and have been able to develop a loyal clientele network consisting of various packaging  companies  and  MNCs  Currently  they  are  operating  in  domestic  markets  with  their products  being supplied on pan India basis. They are in the process of exploring export markets.

Awards/accreditations/ major events:

  • 2010: Incorporation of the company.
  • 2012: Commencement of commercial production.
  • 2014: Achieved turnover of more than Rs 100 crore.
  • 2014: Received  ISO  9001:  2008  and  ISO  14001:  2004  certification  in  respect  of in  respect  of manufacture and dispatch of Kraft Paper.
  • 2014: Received FSC-STD-40-004 V2/1 Standard for COC Certification –October 2011 and FSC-STD-40-007 V2-0 Sourcing reclaimed materials –April 2011 in respect of purchase of pre and post-consumer recycled carton boxes and manufacture of 100% FSC Recycled Kraft paper in rolls containing at 85% post-consumer material under percentage system.
  • 2016: Received Authorised Economic operator-T1 certificate.
  • 2017: Received permission for availing Direct Port Delivery facility.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.24%
1 Week
-3.86%
1 Month
+17.38%
3 Month
+62.20%
6 Month
+48.19%
1 Year
+64.29%
2 Year
-33.30%
5 Year
3 years 2018-03 2019-03 2020-03
Return on Equity (%) 16.53 19.86 8.45
Return on Capital Employed (%) 14.34 23.31 13.58
Return on Assets (%) 8.95 10.11 4.18

Balance Sheet View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 126 152 166
Non Curr. Liab. 18 23 23
Curr. Liab. 89 138 141
Minority Int.
Equity & Liab. 233 313 330
Non Curr. Assets 115 153 161
Curr. Assets 118 160 168
Misc. Exp. not W/O
Total Assets 233 313 330

Profit Loss View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 253 374 359
Other Income 1 1 1
Total Income 254 375 360
Total Expenditure -221 -321 -323
PBIDT 32 55 37
Interest -10 -11 -11
Depreciation -4 -5 -6
Taxation 2 -11 -6
Exceptional Items
PAT 21 28 13

Cash Flow View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 5 46 28
Cash Fr. Inv. -28 -28 -18
Cash Fr. Finan. 38 -33 -4
Net Change 15 -15 5
Cash & Cash Eqvt 15 0 5

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 43.78 43.78 43.78 43.78 43.78 45.93 45.93 45.93 45.93
Public 56.22 56.22 56.22 56.22 56.22 54.07 54.07 54.07 54.07
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 4.91 4.91 4.91 4.91 4.91 14.51 9.83 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Corporate Action : Book Closure For AGM
The Register of Members and Share Transfer Books will be remained closed for the purpose of Annual General Meeting from Sunday 19th September 2021 to Saturday 25th September 2021. (Both day inclusive)
Mon, 19 Jul 2021
Outcome Of Board Meeting
Outcome of Board Meeting Attached.
Mon, 19 Jul 2021
Financial Results For The Quarter Ended On 30-06-2021.
Financial Results for the Quarter ended on 30-06-2021 attached.

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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