JK Paper Ltd

Q2 FY21Paper, Forest & Jute Products

JK Paper Q2 FY21 earnings call: Revenue & Margins

Q2 FY21 investor presentation: what the company reported on revenue, margins and projects.

Price₹411

Market cap₹7.8K Cr

P/E23.9

Updated25 Sept 2026

Read4 min read

Based on JK Paper Ltd's Q2 FY21 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q2 FY 2020-21 vs Q2 FY 2019-20: - Sales Volume: 1,17,581 MT (down 10.3%) - Uncoated Paper: 79,056 MT (down 5.2%) - Coated Paper: 13,290 MT (down 43.0%) - Virgin Fibre Board: 25,241 MT (down 3.3%) - Gross Revenue: Rs. For Q2 FY 2020-21 vs Q2 FY 2019-20 (Page 10): - EBITDA: Rs.

From JK Paper Ltd's Q2 FY21 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

Q2 FY 2020-21 vs Q2 FY 2019-20:
Sales Volume: 1,17,581 MT (down 10.3%)
Uncoated Paper: 79,056 MT (down 5.2%)
Coated Paper: 13,290 MT (down 43.0%)
Virgin Fibre Board: 25,241 MT (down 3.3%)
Gross Revenue: Rs. 702 Cr (down 17.5%)
Net Revenue: Rs. 638 Cr (down 19.2%)
EBITDA: Rs. 157 Cr (down 40.0%)
EBIT: Rs. 117 Cr (down 48.0%)
PBT: Rs. 95 Cr (down 51.3%)
PAT: Rs. 68 Cr (down 48.9%)
EBITDA Margin: 24.6% in 2020-21 vs 33.0% in 2019-20

2 more points management made on revenue & sales performance

Profitability & Margins

For Q2 FY 2020-21 vs Q2 FY 2019-20 (Page 10):
EBITDA: Rs. 157 Cr, down 40.0% YoY
Operating Margin (EBITDA Margin): 24.6%, down from 33.0% YoY (a decline of 8.5 percentage points)
Profit After Tax (PAT): Rs. 68 Cr, down 48.9% YoY
For 6 Months FY 2020-21 vs 6 Months FY 2019-20:
EBITDA: Rs. 254 Cr, down 51.8% YoY

2 more points management made on profitability & margins

See what JK Paper Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The presentation does not explicitly detail any ongoing or upcoming capex, capacity expansions, or new plant/projects with specific amounts, statuses, or timelines. However, it highlights: - Historical expansions over the last 15 years including coated paper (2005), packaging board (2007), and uncoated paper expansion (2013) (Page 14). - Current total production capacity of 591,000 tons per annum for saleable products across units CPM, JKPM, and Sirpur Paper Mills (Page 7).

2 more points management made on capital expenditure plans

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Ranked on what management guided this quarter

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The presentation mentions that JK Paper raised commercial paper on standalone rating to reduce working capital interest rate (Page 13).
Page 12 highlights a focus on deleveraging, showing a reduction in net debt from Rs. 1,554 crore to Rs. 1,111 crore over the period mentioned.
Financial metrics such as Net Debt/EBITDA and Net Debt/Equity ratios are provided, showing trends but not explicitly mentioning new fundraising through debt or equity.
Page 17 and 18 show total borrowings and net debt figures over multiple years but do not highlight any recent increase or new equity issue.

2 more points management made on fundraising & capital structure

See what JK Paper Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation in the provided pages does not explicitly mention or report any details regarding order book, order inflow, or pending orders. The presentation primarily covers: - Financial highlights including profitability and balance sheet data. - Production volumes and capacity details. - Plantation and raw material sourcing efforts. - Strategic geographical presence and product mix. - Shareholding pattern. - Market share and industry positioning.

2 more points management made on order book & pipeline

JK Paper Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.0K Cr, net profit ₹90 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What JK Paper Ltd's management said in earlier quarters

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Frequently Asked Questions

What were JK Paper Ltd Q2 FY21 results?

What is JK Paper Ltd share price analysis?

JK Paper Ltd currently shows a neutral. The stock trades at a P/E of 23.9 with a market cap of ₹7,808 Cr. Investors should review the full earnings analysis for detailed insights.

Is JK Paper Ltd planning capital expenditure?

The presentation does not explicitly detail any ongoing or upcoming capex, capacity expansions, or new plant/projects with specific amounts, statuses, or timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.