TNPL is seems to be a good Investment for 1year timeframe for price Target Rs. 210-240

Tamil Nadu Newsprint Paper Ltd has completed his 1000 crore expansion project & has enhanced the capacity to  produced 400000 tonnes of paper at 100% capacity.
It's second largest producer of paper in country & plans to increase it's exports to around 350 crores.
 It is one of the the largest bagasse-based paper mill in world and saves around 3000 acres of plantation annually.

Income Statement comparison

 

















Industry Comparison: Industry Paper
Gross Margin 22.30%
Core Operating Margin 8.50%
EBIT Margin 11.50%
Net Profit Margin 4.80%
Adj Net Profit Margin 3.20%
Return on Assets 3.40%
Return on Capital Employed 9.60%
Return on Equity 7.70%
Asset Turnover 0.69
Adj Price-to-Earnings 20.72
Price-to-Book 1.05
Price-to-FCF 7.51
EV / EBITDA 8.12
Price-to-Sales 0.66
Financial Leverage 2.27
Interest Coverage 2.33
Debt to MarketCap 1.21
1y Dividend Yield 1.90%
1y Dividend Payout 39.00%
3y Sales Growth CAGR 2.80%
3y Earnings Growth CAGR -10.30%