Malu Paper Mills EBITDA Margin decreased on 9.8 pp from 9.8% to in 2016
01-06-2016 • About Malu Paper Mills (
$MALUPAPER) • By InTwits
Malu Paper Mills reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Malu Paper Mills's Revenue decreased slightly on 1.3%. During the last 5 years Revenue growth topped in FY2014 at 22.6% and was decelerating since that time.
Net Income margin showed almost no change in FY2016. Net Income margin followed a growing trend at 3.3 pp per annum in the last 5 years.
Financial and operational results
Malu Paper Mills ($MALUPAPER) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 1,693 | 1,775 | 2,178 | 2,308 | 2,278 | -1.3% |
| EBITDA | -96 | 9 | | 226 | | |
| Net Income | -202 | -124 | 14 | 19 | 20 | 4.3% |
Balance Sheet
|
|---|
| Cash | 25 | 22 | | | | |
| Short Term Debt | 153 | 160 | | | | |
| Long Term Debt | 859 | 891 | | | | |
Cash flow
|
|---|
| Capex | 15 | | | | | |
Ratios
|
|---|
| Revenue growth | 0.3% | 4.9% | 22.6% | 6.0% | -1.3% | |
| EBITDA growth | -169.3% | -109.8% | | | | |
|
|---|
| EBITDA Margin | -5.7% | 0.5% | | 9.8% | |
| Net Income Margin | -11.9% | -7.0% | 0.6% | 0.8% | 0.9% | 0.0% |
| CAPEX, % of revenue | 0.9% | | | | | |
|
|---|
| ROIC | -12.8% | -4.8% | | | | |
| ROE | -63.0% | -78.7% | | | | |
| Net Debt/EBITDA | | 109.1x | | 0.0x | |
Peers in Paper & Paper Products
Below you can find Malu Paper Mills benchmarking vs. other companies in Paper & Paper Products industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ruchira Papers ($RUCHIRA) | - | 4.6% | 7.6% | -63.6% | 210.9% |
| N.R.Agarwal Industries ($NRAGRINDQ) | - | 4.0% | 5.5% | 34.1% | 21.8% |
| Tcpl Packaging ($TCPLPACK) | - | 33.7% | 5.8% | 26.1% | 16.7% |
| Jk Paper ($JKPAPER) | - | 9.4% | 18.5% | 24.3% | 13.5% |
| Tamil Nadu Newsprint & Papers ($TNPL) | - | 22.2% | 22.8% | -6.5% | 13.2% |
| |
|---|
| Median (12 companies) | 9.1% | 6.5% | 7.5% | -0.3% | 8.7% |
|---|
| Malu Paper Mills ($MALUPAPER) | - | 4.9% | 22.6% | 6.0% | -1.3% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Tamil Nadu Newsprint & Papers ($TNPL) | 21.0% | 22.2% | 22.5% | 24.0% | 24.3% |
| Tcpl Packaging ($TCPLPACK) | 16.1% | 14.9% | 15.7% | 16.5% | 17.3% |
| South India Paper Mills ($STHINPA) | 13.5% | 16.1% | 10.2% | 15.8% | 17.3% |
| Yash Papers ($YASHPPR) | 15.7% | 16.8% | 16.0% | 15.7% | - |
| Kuantum Papers ($KUANTUM) | 11.2% | 14.2% | 15.9% | 12.7% | 29.6% |
| |
|---|
| Median (15 companies) | 12.2% | 14.4% | 14.5% | 10.1% | 16.9% |
|---|
| Malu Paper Mills ($MALUPAPER) | -5.7% | 0.5% | - | 9.8% | - |
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Tamil Nadu Newsprint & Papers ($TNPL) | 18.9% | 10.4% | 5.5% | 35.2% | 37.4% |
| Emami Paper Mills ($EMAMIPAP) | 24.4% | 7.3% | 19.2% | 89.3% | 21.7% |
| Tcpl Packaging ($TCPLPACK) | 18.3% | 8.6% | 11.1% | 12.1% | 14.8% |
| Jk Paper ($JKPAPER) | 47.6% | 59.5% | 15.9% | 4.2% | 1.6% |
| |
|---|
| Median (4 companies) | 13.2% | 9.5% | 13.5% | 23.6% | 18.2% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Tcpl Packaging ($TCPLPACK) | 15.4% | 17.4% | 16.9% | 23.1% | 23.3% |
| Tamil Nadu Newsprint & Papers ($TNPL) | 5.3% | 8.2% | 11.1% | 12.7% | 13.5% |
| Jk Paper ($JKPAPER) | 5.2% | 2.7% | 1.1% | 4.3% | 10.5% |
| Emami Paper Mills ($EMAMIPAP) | 5.8% | 5.9% | 5.4% | 3.0% | 2.0% |
| Rama Pulp & Papers ($RAMAPULP) | - | 10.8% | - | - | - |
| |
|---|
| Median (18 companies) | 8.3% | 9.4% | 11.1% | 8.5% | 12.0% |
|---|
| Malu Paper Mills ($MALUPAPER) | -12.8% | -4.8% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Emami Paper Mills ($EMAMIPAP) | 7.4x | 5.3x | 5.0x | 11.2x | 16.7x |
| Tamil Nadu Newsprint & Papers ($TNPL) | 5.4x | 3.6x | 2.8x | 4.0x | 4.4x |
| Jk Paper ($JKPAPER) | 6.8x | 12.7x | 14.1x | 8.6x | 4.0x |
| Tcpl Packaging ($TCPLPACK) | 2.6x | 2.3x | 2.2x | 1.9x | 1.9x |
| South India Paper Mills ($STHINPA) | 0.6x | 0.2x | 0.0x | 0.0x | 0.7x |
| |
|---|
| Median (14 companies) | 3.4x | 2.7x | 0.0x | 0.0x | 0.0x |
|---|
