Buy JK Paper, target price Rs 392: Geojit

Geojit Financial Services has a Buy call on JK Paper with a target price of Rs 392. The current market price of JK Paper is Rs 323.45. JK Paper, incorporated in 1960, is a Small Cap company with a market cap of Rs 5496.26 crore, operating in the Paper sector.

JK Paper's key products/revenue segments include Paper & Paper Boards, Other Operating Revenue and Renewable Energy System for the year ending 31-Mar-2024.

Financials

For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 1654.25 crore, down -3.54 % from last quarter Total Income of Rs 1714.88 crore and down -6.13 % from last year same quarter Total Income of Rs 1762.32 crore. The company has reported net profit after tax of Rs 65.29 crore in the latest quarter.

The company's top management includes Mr.Bharat Hari Singhania, Mr.Bharat Anand, Mr.Anoop Seth, Mrs.Vinita Singhania, Mr.S K Roongta, Mr.Sandip Somany, Mr.R V Kanoria, Mr.Dhirendra Kumar, Mrs.Deepa Gopalan Wadhwa, Mr.A S Mehta, Mr.Harsh Pati Singhania, Mr.Harshavardhan Neotia. Company has Lodha & Co. as its auditors. As on 31-12-2024, the company has a total of 17 crore shares outstanding.


Promoter/FII Holdings
Promoters held 49.63 per cent stake in the company as of 31-Dec-2024, while FIIs owned 12.18 per cent, DIIs 5.33 per cent.