Financials Pakka Limited

Equities

PAKKA

INE551D01018

Paper Products

Market Closed - Bombay S.E. 11:00:56 03/06/2024 BST 5-day change 1st Jan Change
240.6 INR +2.10% Intraday chart for Pakka Limited -12.27% +9.87%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 2,205 1,832 777 2,902 2,713 3,633
Enterprise Value (EV) 1 3,582 3,017 1,750 3,839 3,706 4,656
P/E ratio 18.9 x 8.85 x 2.81 x 17.4 x 8.21 x 7.92 x
Yield - 1.92% 4.54% 1.21% 2.6% 2.52%
Capitalization / Revenue 1.09 x 0.72 x 0.31 x 1.5 x 0.91 x 0.87 x
EV / Revenue 1.77 x 1.19 x 0.69 x 1.99 x 1.25 x 1.12 x
EV / EBITDA 8.93 x 6.12 x 2.89 x 9.13 x 5.23 x 5.29 x
EV / FCF -10.1 x 19.2 x 13.1 x 44.7 x -43.3 x -83.8 x
FCF Yield -9.88% 5.2% 7.66% 2.24% -2.31% -1.19%
Price to Book 3.29 x 1.96 x 0.67 x 2.23 x 1.78 x 1.77 x
Nbr of stocks (in thousands) 32,310 35,240 35,240 35,240 35,240 38,079
Reference price 2 68.25 52.00 22.05 82.35 77.00 95.40
Announcement Date 11/08/18 30/08/19 09/10/20 07/09/21 07/09/22 07/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 2,019 2,544 2,542 1,931 2,972 4,165
EBITDA 1 401.3 493.3 606.1 420.4 708.2 879.3
EBIT 1 338.9 408.2 510.8 325.1 608.1 756.9
Operating Margin 16.79% 16.05% 20.1% 16.84% 20.46% 18.17%
Earnings before Tax (EBT) 1 221.6 248.3 395.4 229.3 512 669.3
Net income 1 124.8 207.1 276.2 167.2 357.1 460.8
Net margin 6.18% 8.14% 10.87% 8.66% 12.01% 11.06%
EPS 2 3.620 5.877 7.837 4.740 9.378 12.04
Free Cash Flow 1 -354 156.8 134 85.9 -85.52 -55.55
FCF margin -17.54% 6.16% 5.27% 4.45% -2.88% -1.33%
FCF Conversion (EBITDA) - 31.79% 22.11% 20.43% - -
FCF Conversion (Net income) - 75.72% 48.53% 51.37% - -
Dividend per Share - 1.000 1.000 1.000 2.000 2.400
Announcement Date 11/08/18 30/08/19 09/10/20 07/09/21 07/09/22 07/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,377 1,185 973 937 993 1,023
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.431 x 2.402 x 1.606 x 2.23 x 1.402 x 1.163 x
Free Cash Flow 1 -354 157 134 85.9 -85.5 -55.5
ROE (net income / shareholders' equity) 19.1% 24.8% 26.3% 13.6% 24.2% 24.9%
ROA (Net income/ Total Assets) 8.84% 9.47% 12.1% 7.81% 13% 13.6%
Assets 1 1,411 2,188 2,290 2,141 2,757 3,397
Book Value Per Share 2 20.80 26.60 33.10 36.90 43.40 54.00
Cash Flow per Share 2 0.0600 0.0400 0.0800 0.0600 1.300 0.2600
Capex 1 461 156 171 136 293 391
Capex / Sales 22.83% 6.12% 6.72% 7.07% 9.84% 9.4%
Announcement Date 11/08/18 30/08/19 09/10/20 07/09/21 07/09/22 07/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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