Astron Paper

Who are the top shareholders of the Astron Paper?

The top shareholders of Astron Paper include Kiritbhai Ghanshyambhai Patel with 15.21%, Dwarkesh Finance Limited at 14.63%, and individual investors holding 43.13%. There are no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Astron Paper include Kiritbhai Ghanshyambhai Patel, who holds the highest promoter stake at 15.21%. The highest public shareholder is Dwarkesh Finance Limited, with a holding of 14.63%. Additionally, individual investors collectively hold 43.13% of the shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

Who are in the management team of Astron Paper?

As of March 2022, the management team of Astron Paper includes Kirit G Patel (Chairman & Managing Director), Ramakant Patel, Karshanbhai Patel (both Executive Directors), and independent directors Sudhir Maheshwari, Dhiren N Parikh, Anand Maheshwari, along with Hina Ronak Patel as Company Secretary & Compliance Officer.

As of March 2022, the management team of Astron Paper includes the following individuals:<BR><BR>1. Kirit G Patel - Chairman & Managing Director<BR>2. Ramakant Patel - Executive Director<BR>3. Karshanbhai Patel - Executive Director<BR>4. Sudhir Maheshwari - Independent Director<BR>5. Dhiren N Parikh - Independent Director<BR>6. Anand Maheshwari - Independent Director<BR>7. Hina Ronak Patel - Company Secretary & Compliance Officer<BR><BR>These members play various roles within the company, contributing to its governance and operational management.

Has Astron Paper declared dividend?

No Dividend History Available

Who are the peers of the Astron Paper?

Peers of Astron Paper include A B Real Estate, JK Paper, West Coast Paper, and others, with varying management risks and growth ratings. Perfectpac leads in 1-year returns at 9.35%, while Astron Paper's return is -1.99%.

Peers: The peers of Astron Paper are A B Real Estate, JK Paper, West Coast Paper, Seshasayee Paper, Andhra Paper, Perfectpac, Three M Paper, Balkrishna Paper, and Sh. Krishna Pap.<BR><BR>Quality Snapshot: Excellent management risk is observed at West Coast Paper and Andhra Paper, while Good management risk is found at JK Paper. Average management risk is present at A B Real Estate, Seshasayee Paper, Perfectpac, and Three M Paper, and the rest. Below Average management risk is noted at Astron Paper and Sh. Krishna Pap. Growth is rated as Below Average for all peers except for Perfectpac, which has a Good rating. Capital Structure is Excellent for West Coast Paper, Seshasayee Paper, and Andhra Paper, Average for JK Paper, Good for Perfectpac, and Below Average for Astron Paper and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Perfectpac at 9.35%, while the lowest is JK Paper at -2.22%. Astron Paper's 1-year return is -1.99%, which is higher than JK Paper's but lower than Perfectpac's. Additionally, the six-month return is negative for A B Real Estate, West Coast Paper, Andhra Paper, Three M Paper, and Balkrishna Paper.

Is Astron Paper overvalued or undervalued?

As of May 30, 2024, Astron Paper's valuation has shifted from very attractive to risky due to severe profitability issues, reflected in its negative PE ratio of -1.56 and ROE of -62.10%, indicating it is overvalued at 19.38 compared to healthier peers and has underperformed the Sensex with a year-to-date return of -15.92%.

As of 30 May 2024, the valuation grade for Astron Paper has moved from very attractive to risky. This shift indicates a significant deterioration in the company's financial health, leading to the conclusion that it is overvalued at its current price of 19.38. Key ratios highlight this concern, with a PE ratio of -1.56, an EV to EBITDA of -4.92, and a ROE of -62.10%, all suggesting severe profitability issues.<BR><BR>In comparison to its peers, Astron Paper's valuation metrics are troubling. For instance, while the industry may have companies with positive PE ratios, Astron stands out with its negative figures, indicating a lack of earnings relative to its share price. Other peers in the paper industry maintain healthier ratios, reinforcing the notion that Astron is not only overvalued but also struggling significantly compared to its competitors. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -15.92% versus the Sensex's 5.58%, further underscoring the challenges it faces in the current market environment.

What is the technical trend for Astron Paper?

As of April 23, 2025, Astron Paper's technical trend is mildly bearish, influenced by mixed signals from moving averages and Bollinger Bands, with weekly indicators showing some positive momentum while monthly indicators remain bearish.

As of 23 April 2025, the technical trend for Astron Paper has changed from bearish to mildly bearish. The weekly MACD and KST indicators are both mildly bullish, suggesting some positive momentum, while the monthly MACD remains mildly bullish but the KST is bearish. The Bollinger Bands indicate a mildly bullish stance on the weekly chart but bearish on the monthly. Daily moving averages are mildly bearish, indicating short-term weakness. The RSI shows no signals on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from the moving averages and the contrasting trends in the Bollinger Bands.

What does Astron Paper do?

Astron Paper & Board Mill Ltd manufactures Kraft paper from waste paper and operates in the Micro Cap segment of the Paper, Forest & Jute Products industry. As of March 2025, it reported net sales of 9 Cr and a net loss of 113 Cr, with a market cap of INR 75 Cr.

Overview:<BR>Astron Paper & Board Mill Ltd is engaged in the manufacturing of Kraft paper from waste paper and operates within the Micro Cap category in the Paper, Forest & Jute Products industry.<BR><BR>History:<BR>The company was incorporated on December 29, 2010, in Gujarat and obtained the Certificate of Commencement of Business on February 3, 2011. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -113 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 75 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 15<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.85<BR>- Return on Equity: -62.10%<BR>- Price to Book: 0.83<BR><BR>Contact Details:<BR>Address: D 702 7th Flr Ganesh Meridian, Opp. High Court S G Higway Ahmedabad Gujarat : 380060<BR>Tel: 91-79-40081221<BR>Email: cs@astronpaper.com<BR>Website: http://www.astronpaper.com

How big is Astron Paper?

As of 24th July, Astron Paper & Board Mill Ltd has a market capitalization of 72.00 Cr and reported net sales of 96.23 Cr with a net loss of 56.71 Cr over the last four quarters. Shareholder's funds are valued at 148.05 Cr, with total assets of 290.19 Cr as of March 2024.

As of 24th July, <BR><BR>Market Cap: Astron Paper & Board Mill Ltd has a market capitalization of 72.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 96.23 Cr, while the sum of Net Profit for the same period reflects a loss of 56.71 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 148.05 Cr, and Total Assets amount to 290.19 Cr.

When is the next results date for Astron Paper?

The next results date for Astron Paper is 14 November 2025.

The next results date for Astron Paper is scheduled for 14 November 2025.

How has been the historical performance of Astron Paper?

Astron Paper has experienced a significant decline in financial performance, with net sales dropping from 512.84 crore in March 2022 to 96.23 crore in March 2025, resulting in an operating loss of -33.73 crore and a profit after tax loss of -56.71 crore. The company's total assets and cash flow have also decreased, indicating severe liquidity challenges.

Answer:<BR>The historical performance of Astron Paper shows a significant decline in net sales and profitability over the years, culminating in a challenging fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Astron Paper's net sales have decreased from 512.84 crore in March 2022 to just 96.23 crore in March 2025, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 394.73 crore in March 2023 to 96.23 crore in March 2025. The company's total expenditure, excluding depreciation, also decreased significantly, from 484.92 crore in March 2022 to 129.96 crore in March 2025. Despite this reduction in costs, Astron Paper reported an operating loss of -33.73 crore in March 2025, compared to a profit of 27.92 crore in March 2022. The profit before tax has turned negative, reaching -52.66 crore in March 2025, while the profit after tax showed a similar decline, resulting in a loss of -56.71 crore. The company's total assets decreased from 350.39 crore in March 2022 to 217.04 crore in March 2025, and total liabilities also fell from 290.19 crore to 217.04 crore during the same period. Cash flow from operating activities has diminished, with a net cash outflow of -10.00 crore in March 2025, indicating liquidity challenges. Overall, Astron Paper's financial performance has deteriorated significantly over the past few years, marked by declining sales, increasing losses, and reduced asset values.

Are Astron Paper & Board Mill Ltd latest results good or bad?

Astron Paper & Board Mill Ltd's latest results are concerning, showing a net loss of ₹5.06 crores in Q3 FY26 despite a slight revenue increase. The company continues to face significant operational challenges and high fixed costs, indicating a distressed financial state.

The latest results for Astron Paper & Board Mill Ltd indicate a challenging situation for the company. In Q3 FY26, the company reported a net loss of ₹5.06 crores, which, while slightly better than the previous quarter's loss of ₹4.75 crores, still reflects ongoing financial difficulties. The revenue for the quarter was ₹1.45 crores, showing a year-on-year growth of 5.84%, but this is a stark contrast to the company's historical performance, as it generated zero revenue in the previous quarter.<BR><BR>The operating margin improved significantly to 56.55%, the highest in eight quarters, suggesting some success in cost management. However, this positive aspect is overshadowed by the company's inability to cover its fixed costs, particularly with interest expenses amounting to ₹4.10 crores, which far exceed the revenue generated.<BR><BR>Overall, the financial performance indicates that Astron Paper is still grappling with severe operational challenges, and the persistent losses, coupled with a negative return on equity of -64.52%, highlight a deeply distressed financial state. The stock has also underperformed significantly compared to the broader market, making it a risky investment at this time. Therefore, the latest results can be characterized as bad, reflecting ongoing struggles rather than any meaningful recovery.

Should I buy, sell or hold Astron Paper & Board Mill Ltd?

Why is Astron Paper & Board Mill Ltd falling/rising?

As of 19-May, the stock price of Astron Paper & Board Mill Ltd is at 4.20, unchanged from the previous session. The stock has significantly underperformed the Sensex, with a year-to-date decline of 32.26% and a dramatic drop of 76.24% over the past year, indicating a bearish trend despite increased investor participation.

As of 19-May, the stock price of Astron Paper & Board Mill Ltd is currently at 4.20, showing no change from the previous trading session. The stock has been underperforming significantly compared to the benchmark Sensex, with a one-week decline of 0.47% while the Sensex gained 0.86%. Over the past month, the stock has decreased by 11.95%, whereas the Sensex has only fallen by 4.19%. Year-to-date, the stock is down 32.26%, compared to a decline of 11.76% in the Sensex. <BR><BR>In the longer term, the stock has experienced a dramatic drop of 76.24% over the past year and an even steeper decline of 90.01% over the last five years, while the Sensex has increased by 50.70% during the same period. This stark contrast indicates a significant underperformance of Astron Paper & Board Mill Ltd relative to the broader market.<BR><BR>Today's performance summary indicates that the stock has underperformed its sector by 2.77%. Although the stock is trading higher than its 50-day moving average, it remains below its 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend. However, there has been a rise in investor participation, with a delivery volume increase of 8.35% against the 5-day average, indicating some interest in trading the stock.<BR><BR>Overall, the combination of poor historical performance, underperformance relative to the sector, and the current trading dynamics contribute to the stock's falling trend.

Which are the latest news on Astron Paper?