JKPAPER Ltd: *Q3 PAT spurts 273%*

Installed capacity 4.55 lac TPA

Pulp: Capacity 2.76 lac TPA

                    Q3FY17

Net Sales.   722cr

PAT             35.89cr

Equity.            149cr
JKPaper has reported fabulous nos for Q3 with NP of 35.89cr vs 13.14cr YoY

For 9months, NP stands at 106.51 cr, translating into EPS of 7.15.

Q4 normally is best for paper industry. We estimate Q4 NP to be 50-55 cr

Top Indian brand in India

Integrated, efficient, cost reduction ongoing process

We feel stock is worth buying for steady appreciation

Barring unforeseen, JKPaper    Can be 140-150 in 6-9 months