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Astron Paper & Board Mill Ltd share Price Today

Company details

21.10
21.40
19.00
40.90
6M Return -23.32%
1Y Return -14.94%
Mkt Cap.(Cr) 103.23
Volume 40,935
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 40,935

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Astron Paper & Board Mill Ltd shares SWOT Analysis

Strengths (3)

  • Rising Net Cash Flow and Cash from Operating activity
  • Increasing profits every quarter for the past 2 quarters
  • Company with Zero Promoter Pledge

Weakness (5)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 21.5
R2 21.6
R3 21.8
Pivot

21.30

S1 21.2
S2 21.0
S3 20.9
EMA SMA
21.9
23.3
25.5
27.5
22.0
22.2
27.7
29.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SUDHIR S MEHTA HUF Bulk Sell 2024-04-02 21.1 269250 NSE
NAKSHATRA CORPORATE ADVISORS LIMITED Bulk Sell 2024-03-27 19.5 236000 NSE
DWARKESH FINANCE LIMITED Bulk Sell 2024-03-21 20.84 497500 NSE
Name Category Shares
Kiritbhai Ghanshyambhai Patel PROMOTER 16.56%
Karshanbhai Hirabhai Patel PROMOTER 7.69%
Ramakant Kantibhai Patel PROMOTER 2.54%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Astron Paper & Board Mill Ltd Stocks COMPARISON

Financials( in Cr) Astron Paper & Board Mill Ltd Century Textiles & Industries Ltd JK Paper Ltd West Coast Paper Mills Ltd Seshasayee Paper & Boards Ltd
Price 22.20 2,225.65 377.75 631.75 329.35
% Change -3.27 4.20 -0.38 -1.75 -2.24
Mcap Cr 103.23 24,859.62 6,399.16 4,172.65 2,077.14
Revenue TTM Cr 394.73 4,799.65 6,772.17 4,920.76 1,801.83
Net Profit TTM Cr -23.95 264.55 1,208.22 1,087.01 270.77
PE TTM 0.00 84.23 5.72 4.84 7.66
1 Year Return -14.94 177.70 9.89 15.30 21.29
ROCE -9.35 5.82 28.07 57.54 19.70
ROE -13.97 4.65 34.37 50.95 15.27
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 159.20 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 36,628.54 -24,386.86
LAST 3M 102,786.44 -29,845.85
LAST 6M 169,824.52 52,410.32
LAST 12M 264,693.58 128,545.97

Astron Paper & Board Mill Ltd Information

Stock PE (TTM)
0
Promoter Holding
27.06%
Book Value
33.4768
ROCE
-9.35%
ROE
-13.97%
Description
  • Astron Paper & Board Mill Limited is engaged in manufacturing of Kraft paper. The company makes the full range of Kraft paper ranging from GSM 80 to 350 GSM with 22 -35 BF. Within a short span of time, the Company has developed a name for itself in kraft paper industry and it has been able to establish a brand associated with qualitative and comprehensive range of kraft papers. The Company mainly caters to packaging industry and has been able to develop a loyal clientele network consisting of various packaging companies and MNCs. Currently the company is operating in domestic markets with their products being supplied on pan India basis. The company has 4 manufacturing units with overall capacity of 174600 MT at three locations in Gujarat. The Company is promoted by Kirit G Patel, Ramakant Patel, Karshanbhai Patel and Asian Granito (India) Limited. Astron Paper & Board Mill Limited was incorporated as a public limited company on December 29, 2010 in Gujarat. The company obtained the certificate of commencement of business on 3 February 2011 from the Registrar of Companies, Gujarat at Ahmedabad. In 2012, the company commenced commercial production. The company`s turnover crossed Rs 100 crore mark during the financial year ended 31 March 2014. In 2014, the company received ISO 9001: 2008 and ISO 14001: 2004 certification in respect of manufacture and dispatch of Kraft paper. During the year under review, the company 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. In 2016, the company received Authorised Economic operator- T1 certificate. In 2017, the company received permission for availing Direct Port Delivery facility. On 21/06/2017 the company filed Draft Red Herring Prospectus and on 13/12/2017 filed Red Herring Prospectus with SEBI for raising Rs. 69.83 cr. The Issue dates were from 15/12/2017 to 20/12/2017 with Price Band of Rs. 45 to Rs. 50. The Issue got subscribed 241.14 times leading to its Issue Price being fixed at Rs. 50. The Shares got listed in BSE and NSE on 29/12/2017 at Rs. 114 which is 128% above Issue Price. The company acquired a Kraft paper plant located at Bhuj, having capacity of 24000 MT/Year in an auction from Union Bank of India in December 2017 and commenced commercial production in February, 2018. On 23 April 2018, Astron Paper & Board Mill Limited informed the stock exchanges that the company has entered in to MOU with the promoters of Balaram Papers Pvt. Ltd to take over the existing plant located at Ganeshpura, Ta-Kadi, Dist-Mehsana, Gujarat and the details of purchase consideration & modus operandi will be intimated as soon as it is finalised. The Board of Directors of Astron Paper & Board Mill Limited at its meeting held on 23 July 2018 approved investment in equity shares of Balaram Papers Private Limited by way of acquiring 40.35 lakh equity shares. After such investment, Balaram Papers Private Limited becomes the wholly owned subsidiary company of Astron Paper & Board Mill Limited subject to share transfer process and all other legal formalities. A new line PM2 with installed capacity of 33,000 MT per annum of Kraft paper commenced operations at the company`s existing plant location at Halvad in Gujarat on 15 October 2018.

Registered Address

D 702 7th Flr Ganesh Meridian, Opp. High Court S G Higway, Ahmedabad, Gujarat, 380060

Tel : 91-79-40081221
Email : cs:astronpaper.com
Website : http://www.astronpaper.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540824
NSE Code : ASTRON
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE646X01014

FAQ’s on Astron Paper & Board Mill Ltd Shares

You can buy Astron Paper & Board Mill Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Astron Paper & Board Mill Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 21, 2024 03:51 PM the closing price of Astron Paper & Board Mill Ltd was Rs.22.20.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 21, 2024 03:51 PM, the market cap of Astron Paper & Board Mill Ltd stood at Rs. 103.23.

The latest PE ratio of Astron Paper & Board Mill Ltd as of May 21, 2024 03:51 PM is 0.00

The latest PB ratio of Astron Paper & Board Mill Ltd as of May 21, 2024 03:51 PM is 1.51

The 52-week high of Astron Paper & Board Mill Ltd share price is Rs. 40.90 while the 52-week low is Rs. 19.00

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