Genus Paper & Boards
Genus Paper & Boards
Forest MaterialsKey Fundamentals
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Key Insights
Strengths
1- Stock is trading at 0.61 times its book value
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 2.00% over last 3 years.
- Contingent liabilities of Rs.106 Cr.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 152 | 177 | 143 | 180 | 206 | 209 | 209 | 225 | 251 | 243 | 221 | 226 | 219 |
| Expenses | 139 | 162 | 129 | 165 | 189 | 194 | 192 | 206 | 230 | 221 | 203 | 207 | 200 |
| Operating Profit | 12.65 | 14.88 | 13.32 | 15.12 | 17.56 | 14.66 | 17.11 | 18.76 | 20.5 | 21.88 | 17.71 | 19.01 | 18.96 |
| OPM % | 8.33% | 8.42% | 9.34% | 8.41% | 8.51% | 7.02% | 8.17% | 8.35% | 8.18% | 9.02% | 8.02% | 8.41% | 8.67% |
| Other Income | 0 | 0.09 | 0.08 | 0.01 | 0.02 | 1.28 | 0.16 | 0.17 | 0 | 0.08 | 0.01 | 0.42 | 0.01 |
| Interest | 6.4 | 6.51 | 7.01 | 7.12 | 8.15 | 8.92 | 9.11 | 9.28 | 9.45 | 10.46 | 10.71 | 10.77 | 10.51 |
| Depreciation | 5.8 | 5.84 | 5.95 | 5.85 | 6.45 | 6.57 | 6.56 | 6.48 | 6.83 | 6.96 | 4.84 | 4.84 | 4.88 |
| PBT | 0.45 | 2.62 | 0.44 | 2.16 | 2.98 | 0.45 | 1.6 | 3.17 | 4.22 | 4.54 | 2.17 | 3.82 | 3.58 |
| Tax % | 26.67% | 2.67% | -75% | 6.48% | 1.01% | 4.44% | 1.25% | 1.26% | 1.42% | 0.88% | 2.3% | 0.52% | 1.4% |
| Net Profit | 0.33 | 2.56 | 0.77 | 2.01 | 2.95 | 0.43 | 1.57 | 3.13 | 4.16 | 4.49 | 2.13 | 3.8 | 3.52 |
| EPS in Rs | 0.01 | 0.1 | 0.03 | 0.08 | 0.11 | 0.02 | 0.06 | 0.12 | 0.16 | 0.17 | 0.08 | 0.15 | 0.14 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 288 | 314 | 306 | 346 | 431 | 254 | 286 | 440 | 655 | 651 | 849 | 940 | 908 |
| Expenses | 262 | 288 | 284 | 309 | 401 | 227 | 260 | 418 | 631 | 595 | 781 | 861 | 831 |
| Operating Profit | 26 | 26 | 22 | 36 | 30 | 27 | 26 | 22 | 24 | 56 | 68 | 79 | 78 |
| OPM % | 9% | 8% | 7% | 10% | 7% | 11% | 9% | 5% | 3.7% | 9% | 8% | 8% | 9% |
| Other Income | 4 | 1 | 6 | 5 | 2 | 0 | 1 | 0 | 0 | 0 | 2 | 1 | 1 |
| Interest | 6 | 6 | 6 | 6 | 8 | 5 | 4 | 3 | 14 | 27 | 35 | 41 | 42 |
| Depreciation | 10 | 12 | 12 | 13 | 13 | 13 | 13 | 13 | 25 | 23 | 26 | 23 | 22 |
| PBT | 14 | 9 | 9 | 23 | 12 | 9 | 10 | 6 | -14 | 6 | 8 | 15 | 14 |
| Tax % | 33% | 45% | 26% | 34% | 33% | -4% | 24% | -36% | -2% | 0% | 1% | 1% | — |
| Net Profit | 10 | 5 | 7 | 15 | 8 | 9 | 8 | 8 | -14 | 6 | 8 | 15 | 14 |
| EPS in Rs | 0.37 | 0.18 | 0.27 | 0.58 | 0.3 | 0.35 | 0.3 | 0.32 | -0.53 | 0.22 | 0.31 | 0.57 | 0.54 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 41 |
| Reserves | 286 | 291 | 314 | 329 | 329 | 334 | 340 | 439 | 423 | 431 | 455 | 466 |
| Borrowings | 60 | 66 | 51 | 74 | 56 | 55 | 40 | 195 | 272 | 333 | 390 | 443 |
| Other Liabilities | 62 | 50 | 79 | 85 | 50 | 52 | 63 | 71 | 149 | 186 | 200 | 196 |
| Total Liabilities | 434 | 433 | 469 | 514 | 461 | 466 | 468 | 731 | 870 | 976 | 1,071 | 1,146 |
| Fixed Assets | 207 | 209 | 229 | 218 | 212 | 209 | 199 | 354 | 495 | 570 | 592 | 596 |
| CWIP | 2 | 0 | 0 | 3 | 0 | 0 | 1 | 58 | 5 | 6 | 22 | 65 |
| Investments | 31 | 25 | 42 | 75 | 96 | 89 | 83 | 77 | 74 | 77 | 87 | 69 |
| Other Assets | 194 | 198 | 198 | 218 | 153 | 169 | 184 | 241 | 297 | 323 | 371 | 415 |
| Total Assets | 434 | 433 | 469 | 514 | 461 | 466 | 468 | 731 | 870 | 976 | 1,071 | 1,146 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 41 | 7 | 16 | 10 | 64 | 9 | 41 | 32 | 21 | 69 | 45 | 61 |
| Investing | -45 | -5 | 5 | -31 | -32 | -10 | 0 | -179 | -110 | -102 | -48 | -69 |
| Financing | 11 | -6 | -20 | 6 | -23 | -16 | 0 | 139 | 58 | 35 | 0 | 23 |
| Net Cash Flow | 7 | -5 | 2 | -14 | 9 | -16 | 40 | -7 | -32 | 3 | -3 | 14 |
| Free Cash Flow | 9 | -5 | 13 | 6 | 59 | -1 | 36 | -193 | -91 | -31 | -19 | -10 |
| CFO/OP | 173 | 38 | 85 | 36 | 233 | 43 | 173 | 152 | 85 | 124 | 66 | 77 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 65 | 74 | 76 | 81 | 40 | 83 | 79 | 44 | 39 | 30 | 46 | 40 |
| Inventory Days | 102 | 54 | 45 | 54 | 33 | 109 | 83 | 79 | 106 | 141 | 106 | 115 |
| Days Payable | 67 | 43 | 86 | 82 | 28 | 68 | 80 | 71 | 96 | 129 | 110 | 99 |
| Cash Conversion Cycle | 99 | 84 | 35 | 53 | 45 | 123 | 81 | 51 | 48 | 43 | 43 | 56 |
| Working Capital Days | 60 | 60 | 10 | 11 | 13 | 45 | 57 | 36 | 9 | -1 | 5 | 22 |
| ROCE % | 6% | 5% | 4% | 7% | 4% | 3% | 3% | 2% | 0% | 4% | 5% | 6% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
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Company Information
Incorporated in 1996, Genus Paper & Boards Ltd manufactures Kraft paper and invests in shares, securities and loans[1]
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