Sarda Papers Ltd

Sarda Papers Ltd (516032)


Key Stats

Day's Price Range
52-Week Price Range
3 Month Return17.2 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 17
Rank 17
Rank 19
Dividend Yield
Rank 10
Rank 31
Price To Book Ratio
Rank 16
Debt To Asset
Rank 19

Company Information

Incorporated on 11 Apr.91 as a public limited company Sarda Papers SPL commenced business on 20 May 91. It was promoted by Chairman Pradeep Kumar Sarda.SPL came out with a public issue of 18.8 lac equity shares at par aggregating Rs 1.88 cr in Feb.93. The proceeds of the issue were utilised to partfinance a Rs 4.92cr project by setting up a manufacturing facility for coated papers art paper chromo paper art cards etc with an installed capacity of 6000 tpa. The plant is located in the MIDC Industrial Area of Sinnar in the Nashik district. Coated paper finds application in calendars catalogues reports magazines cartons labels etc. SPL has imported a modern secondhand super calendering machine from Spain.The company has installed a chemical plant for manufacturing paper binders inhouse which has resulted in a lower cost of production. It started marketing a premium product under the brand name Platinum which is well received in the market by the printing media and used by the leading and prominent magazines.In 199596 company commissioned additional production line to produce Coated/Lamited Paper of 3000 TPA. The total installed capacity of Coated Paper/Black till March 2001 was 9000 MT.
OrganisationSarda Papers Ltd