Emami Paper Mills Ltd
Emami Paper Mills Ltd (EMAMIPAP)

Emami Paper Mills Ltd (EMAMIPAP)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-0.78 %
3 Month Return36.8 %
1 Year Return11.48 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 299
Rank 303
Rank 326
Dividend Yield
Rank 177
Rank 38
Price To Book Ratio
Rank 262
Debt To Asset
Rank 316

Company Information

Emami Paper Mills Ltd is the largest newsprint manufacturer in India. The company is a paper mill based on recycled fiber located in Balasore Orissa and Kolkata West Bengal. The company is a constituent of the Emami Group which possesses diverse business interests comprising FMCG edible oil writing instruments healthcare retail departmental stores and real estate.The company supplies newsprint to some of the largest dailies like The Times of India Anandabazar Patrika The Telegraph Hindusthan Times The Hindu Prabhat Khabar Samaj Bartaman Dainik Bhaskar Dainik Jagaran Malayam Manorama and Deccan Herald. Their Writing Printing papers are distributed through dealers and also directly supplied to Govt Printing Presses/ Text Book Presses.Emami Paper Mills Ltd was incorporated on Sept 26 1981 with the name Gulmohar Construction Industries Ltd. The factory in Kolkata was originally promoted by Wimco in the year 1964. In 1989 it was taken over by the company. In March 27 1990 the company changed their name from Gulmohar Construction Industries Ltd to Gulmohar Paper Ltd. The unit became sick in the year 1990. During the year 199091 Emami joined as a strategic partner. In the year 2000 Emami Paper Mills Ltd with a factory at Balasore Orissa was merged with Gulmohar Paper Ltd and the name of the company was changed from Gulmohar Paper Ltd to Emami Paper Mills Ltd with effect from December 29 2000. In the year 2004 the company commissioned the brick plant. Also they won an award for environment safety and green belt development. In the year 2005 the capacity of the Machine I at Balasore was enhanced to 50 TPD while the capacity of the second machine at Balasore was increased to 85 TPD. They bagged the achievement Award as best medium Scale Unit.In the year 2006 the company received the Excellence Award for Industrial environment management. Also they received the TPM excellence award 1st Category. In the year 2008 the company installed Paper Machine 3 250 TPD a deinking plant 300 TPD and 15 MW Power Plant at the Balasore Unit. The company was accredited for ISO 14001: 2004 and OHSAS 18001: 2007 by Det Norske Veritas AS Netherlands.In September 2007 the company completed the expansion project of increase in the production capacity from 60000 TPA to 145000 TPA at Balasore and commenced commercial production from March 2008. The Expansion Plan also includes a new Deinking plant from VOITH Germany and a 15 MW Power Generation Unit II.During the year 200809 the company signed an MoU with the Government of West Bengal for setting up a wood based integrated pulp and paper mill with a production capacity of 600 TPD 200000 TPA along with necessary infrastructural facilities and ancillaries.The companys equity shares were listed on the Bombay Stock Exchange Ltd BSE with effect from June 15 2010. The company has taken necessary steps to set up 400 TPD 132000 TPA Newsprint project at a project cost of Rs 500 crore. The project is likely to be set up in South India or at existing location at Balasore. Also the company is in the process of setting up 600 TPD 200000 TPA wood based integrated pulp and paper mill in Orissa along with necessary infrastructural facilities and ancillaries. The project will be set up in 2 phases and the first phase of 300 TPD 100000 TPA at a project cost of Rs 1000 crore is likely to be completed during the year 201314. In line with the planned expansion projects the company has firmed up plans for installing Printing Writing Paper Machine of 175000 tpa and Elemental Chlorine Free ECF Bamboo/Wood Pulp Mill of 150000 tpa Captive Power Plant of 32 MW along with required Water Intake and Treatment facilities at a project cost of Rs 1225 crore in the first Phase.In November 2011 the company has reviewed their expansion project in respect of Woodbased Pulp Paper Mills to be implemented at their existing plant site at Balasore Orissa. The Project cost has been reviewed and revised from Rs 1225 crore to Rs 1575 crore and the proposed capacity of the plant has also been revised from 175000 tpa to 185000 tpa.
OrganisationEmami Paper Mills Ltd