Top Paper Companies in India 2021

As the Indian paper industry and the whole of the economy at large, is continuing to deal with the effects of COVID-19 on their businesses, factors like – resiliency and agility became essential to sustain growth. The report on ‘Top Paper Companies 2021’ highlights the companies that possess differentiating capabilities and are using their existing and emerging strength making them a dynamic player in the ever-evolving and growing pulp & paper industry.

The pulp & paper industry is quite diversified, using different types of raw materials to produce different kinds of pulp, papers, and paper-based packaging grades, and so on, by various kinds of methods in mills of all sizes. As per the data by Central Pulp & Paper Research Institute (CPPRI), in 2019-20, there are 861 paper mills with 526 operational and with a total installed capacity of 27.15 million tonnes in India. While this is an old research data, owing to the fragmented structure of the Indian Paper Industry comprising of small scale mills operating in an unorganised way, the actual production and the number of mills could be more.

According to an industry research report by Research and Markets, the Indian paper & paper products market is projected to grow from USD 8.6 billion in 2018 to USD 13.4 billion by 2024, with a CAGR of 7.8 percent during 2019-2024.

As numerous businesses in the paper industry were severely impacted because of the lockdown due to COVID-19, it correspondingly brought a huge demand compression in the domestic industry and consumption of paper and paper-based products, especially during the first wave of the pandemic. While the various segments of the paper industry have been impacted but being diverse in nature, it is but evident that different segments have been affected differently. According to the Indian Paper Manufacturers Association (IPMA), the market size of the Indian paper and paperboard market stood at 16.1 million tonnes in 2019. Moreover, the packaging consumption in India increased by 200 percent from the previous year, rising from 4.3 kg per person per annum (pppa) to 8.6 kg pppa.

What sets the top paper companies apart?

Firstly, there are quantifiable factors that play a key role in determining the growth of the paper industry like – production volumes, turnover, and so on. Then, there are a few socio-economic factors impacting raw material availability and supply chain. Finally, the factors like the efforts of the companies in being mindful of their environmental impact and CSR activities also have far-reaching effects on the overall growth and evolution of the paper industry, besides innovations, market trends, and technological advancements.

Steering forward

The paper industry is wood-positive, meaning that it grows more trees than it harvests – has brought around 1.2 million hectares of land under plantations annually, through industry-driven agro/farm forestry. Notably, the domestic paper industry players have suggested some key measures to the government in the past few months in a bid to increase its efforts for becoming more sustainable.

With the aim to enable the paper industry on a path to being self-reliant and resolving the raw material issues, IPMA in its pre-budget consultation with the Ministry of Finance, Government of India, has recommended pulpwood plantations on degraded lands and on available lands near paper mills.

Digital transformations

During the pandemic, a great many pulp and paper manufacturers increased their focus on product and process innovations and adapted in the changed conditions so as to handle such disruptions. In the future, we would witness some of the outputs of these efforts with innovative products getting launched and industry players exploring different models to bolster supply chain management capabilities. Thus, the companies are working towards investing in R&D, building new capacities, new products, and bringing technologically superior and cost-effective products designed for the Indian market.

In the new wave of digital transformation, the pandemic has been like a catalyst for companies across sectors, including the pulp and paper industry, to fast-track adoption of digital technologies to sustain their business in the new normal. In fact, the Writing & Printing segment has been massively impacted by the pandemic. Nevertheless, the paper packaging segment including – paperboards, folded cartons, kraft paper, and so on, has attained good traction, owing to the awareness amongst the general public and as the corporates/FMCGs/restaurant chains are transitioning towards paper-based packaging.

Overall, the Indian pulp & paper industry is moving from being an unorganised and technologically obsolete segment towards being an organised one with state-of-the-art technologies. We believe that the growth in the coming years would be led by new product introduction, strong demand in the paper and paper packaging industry, and an increase in the demand for recyclable, paper-based products, while the macro-theme would be sustainability.

Presenting the Competitive Environment of the Pulp & Paper Industry

Paper Mart’s Top Paper Companies in India is a biennial report featuring the key pulp & paper manufacturing companies of India. This is the seventh in the series of Top Paper Companies – a comprehensive and detailed report based on various key parameters including – production, turnover, net profit, growth rate (in both turnover and net profit), and net worth. In order to incorporate nearly all facets of the companies, features like CSR efforts, water and energy consumption, exports, etc., are included to present all-round and qualitative development of the featured companies. A combined score has been used keeping into account the said metrics equally, presenting a valid and well-grounded assessment. Every two years, Paper Mart presents a list of leading companies — and not just for their financial performance, but also on how these companies score on key activities – their responsibility towards the environment, and society (ESG), and brings out new innovations.

This year’s report by Paper Mart magazine is an in-depth analysis of the country’s most prominent paper companies – known for their relentless pursuit towards maintaining top-grade quality, innovation, and are expanding their reach globally. These are the most eminent industry names who are, by their ideas and innovative thinking, are at the forefront of the new story of the Indian paper industry, which is gradually evolving.

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The Indian paper industry has gone through one of its toughest phases with the advent of COVID-19. However, being diverse in nature; different mills have been affected differently. While Writing & Printing and Newsprint segments were most adversely hit, Packaging Grades were able to sail through.

Production Capacity (TPA)

Turnover (in crores)

Actual Production (TPA)

The data was calculated either on the basis of inputs given by the companies, or from the Annual Report that was available on the public domain. Our aim in doing this feature was not simply to tabulate the companies but present a broader view of the industry.

* Bindals Group has given the data of the group companies (Bindals Papers Mills Ltd., Tehri Pulp and Paper Ltd., Agarwal Duplex Board Mills Ltd.) as a whole and not of an individual company.

** Some of the values are missing as the company wants to keep it confidential.

*** JK Paper Ltd.’s current capacity has been considered for this survey.

**** Orient Paper and Industries has shared the production capacity of only tissue paper segment.

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ACCOMPLISHMENTS

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ITC Paperboards and Specialty Papers Division

Enduring Value

Year of Establishment:	1979
Locations
Divisional Headquarter:	Secunderabad, Telangana
Regional Offices:	Chennai, Mumbai, Delhi, Kolkata
Branches:	Ahmedabad, Bengaluru, Chandigarh
Mill 1: Mill 2: Mill 3: Mill 4:	Unit Bollaram – Medak, Telangana Unit Bhadrachalam – Sarapaka, Telangana Unit Kovai, Thekkampatty, Tamil Nadu Unit Tribeni, Hoogly, West Bengal
Number of Employees:	3061 (as on 31st March, 2021)
Production Capacity:	Unit Bhadrachalam: 6,77,000 TPA Unit Tribeni: 50,000 TPA Unit Kovai: 1,00,000 TPA
Financial Information
a) Turnover:	2020-21: INR 5618.6 crore 2019-20: INR 6107.2 crore
b) EBITDA:	2020-21: INR 1458.5 crore 2019-20: INR 1662.8 crore
c) Net Worth:	2020-21: INR 6164.3 crore 2019-20: INR 6059.1 crore
CSR Activities:

In addition to the regular Social Investments Programme (SIP) of the Company, in these extraordinary times of COVID-19, the immediate and most pressing need was to provide assistance and relief to the poor and vulnerable in the short term and assist in their economic rehabilitation over the medium term. ITC along with ITC Education and Health Care Trust and ITC Rural Development Trust had set up a COVID Contingency Fund of INR 215 crores to help the victims of the COVID-19 pandemic. A large part of the Fund has been utilised towards providing relief to the poor and vulnerable sections of society who are facing severe disruptions to their livelihoods. Additionally, ITC along with ITC Education and Health Care Trust and ITC Rural Development Trust took the following initiatives and contributed towards PM Cares Fund.

• Provided financial assistance to states which have witnessed the worst outbreak of the pandemic and are engaged in minimising its spread
• Provided funds with the aim of (a) distributing hampers containing essential food products and personal hygiene products amongst beneficiaries in identified geographies across India; (b) providing assistance to appropriate entities engaged in combating and controlling the spread of the COVID-19 pandemic; and (c) contributions to identified civil society organisations engaged in providing relief to the poor and vulnerable groups suffering economic privations brought upon by the COVID-19 pandemic

With the onset of second wave of the pandemic, the Company continues its unwavering commitment in supporting the fight against the pandemic and has undertaken several initiatives including:

• Import of 24 cryogenic containers of 20 tonnes each in collaboration with Linde India Limited to ease the bottlenecks in transporting oxygen
• Supply of oxygen to identified Government hospitals in the state of Telangana from Paperboards unit in Bhadrachalam
• Setting up of 3 facilities with 600 beds to enhance the availability of Covid healthcare facilities
• Import of oxygen concentrators and generators to ease the burden on the country’s healthcare system
• Provision of essential healthcare infrastructure and supply of PPEs to hospitals in several states
• Supply of dry ration kits or cooked food to the needy and vulnerable groups

The Company’s overarching commitment to create significant and sustainable societal value is manifest in its CSR initiatives that embrace the most disadvantaged sections of society, especially in rural India, through economic empowerment based on grassroots capacity building. Towards this end, the Company adopted comprehensive CSR Policy outlining programmes, projects and activities that the Company plans to undertake to create a significant positive impact on identified stakeholders. All these programmes fall within the purview of Section 135 read with Schedule VII of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014.

The key elements of the Company’s CSR interventions are to:

• Deepen engagement in identified core operational geographies to promote holistic development and design interventions in order to respond to the most significant development challenges of the Company’s stakeholder groups
• Strengthen capabilities of Non-Government Organisations (NGOs)/Community Based Organisations (CBOs) in all the project catchments for participatory planning, ownership and sustainability of interventions
• Drive the development agenda in a manner that benefits the poor and marginalised communities in our factory and agri-catchments, thereby significantly improving Human Development Indices (HDI)
• Ensure behavioural change through focus on demand generation for all interventions, thereby enabling participation, contribution and asset creation for the community
• Strive for scale by leveraging government partnerships and accessing the most contemporary knowledge / technical know-how

Company’s stakeholders are confronted with multi-dimensional and inter-related concerns, at the core of which is the challenge of securing sustainable livelihoods. Accordingly, interventions under the Company’s Social Investments Programme are appropriately designed to build their capacities and promote sustainable livelihoods.

The footprint of the Company’s projects is spread over 25 States/Union Territories covering 216 districts.

Solid Waste Management (WOW Program)

Company’s initiatives focus on creating replicable, scalable and sustainable models of municipal solid waste management that can be implemented across the country to ensure that zero waste goes to landfills.

Area Covered Under Plantations: 30,439 acres during the year.

The Company’s pioneering afforestation initiative is currently spread across 17 districts in 8 States covering over 3.94 lakh acres in 5,694 villages, impacting over 1.28 lakh poor households. Together with the Company’s Farm Forestry programme, this initiative has greened over 8.76 lakh acres till date, and generated about 160-million person days of employment for rural households, including poor tribal and marginal farmers. Integral to the Social Forestry programme is the Agro-Forestry initiative, which cumulatively extends to over 1.23 lakh acres and ensures food, fodder and wood security.

This large-scale initiative also contributes meaningfully to the nation’s endeavour to create additional carbon sinks for tackling climate change.

In addition to the above, the Social and Farm Forestry initiative of the Company, through a multiplier effect, has led to improvement in pulpwood and fuel wood availability in Andhra Pradesh, Telangana, Karnataka, Chhattisgarh and Odisha. In the states of Tripura, Assam, Maharashtra, Uttarakhand and Karnataka, this initiative is also creating bamboo wood source that is suitable for agarbatti manufacturing.

New Developments:

The Company at its unit Bhadrachalam augmented its VAP capacity by 45000 TPA which will further strengthen its market standing. A significant increase in in-house pulp production was achieved during the year through strategic interventions, Industry 4.0 initiatives and improved wood mix.

Product Launches:

ITC-PSPD launched antifungal soap packaging paper designed to replace single-use plastics. It has also developed antiviral paper for applications in pharma and education & stationery businesses which is in the process of commercialisation.

Raw Material Base: Wood, agro-residue, and waste paper

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JK Paper Ltd.

Creating Lasting Impressions

Year of Establishment:	1938
Locations
Headquarter:	New Delhi
Branches:	New Delhi (North), Kolkata (East), Mumbai (West), Chennai (South)
Mill 1: Mill 2: Mill 3:	Unit JKPM – Rayagada, Odisha Unit CPM – Fort Songadh, Gujarat Unit SPM – Sirpur Kaghaznagar, Telangana
Number of Employees:	2655
Paper & Paper Board Manufacturing Data:
Production Capacity:	2019-20: 5,91,000 TPA 2020-21: 5,91,000 TPA Current Capacity: 7,61,000 TPA*
Financial Information
a) Turnover:	2020-21: INR 2969.15 crore
b) EBITDA:	2020-21: INR 701.41 crore
c) Net Worth:	2018-19: 6210.8 crore

CSR Activities:

Women Empowerment: More than 5500 tribal women from 178 peripheral villages were mobilised to form 531 self-help groups (SHGs). SHGs were empowered through training related to savings, credit, book keeping and supporting group economic activities. Collective enterprises emerged as sustainable livelihood opportunities. Rural Mart, Rayagada, was also established to support sales of SHG produce among other initiatives. Sustainable Farming: The Company helped form four FPOs, 84 farmer clubs, 184 farmer interest groups, and initiated 2 farmer resource centres. Mushroom farming was initiated among 87 farmers and about 8,500 saplings were planted on common land in collaboration with Social Farm Forestry Department, Gujarat. KVK Farmers’ Training was provided and farmer schools were established. Water resource development was initiated in Tapi and 35 acres were brought under soil erosion prevention though farm bunding, land leveling and nala plugging. Youth Engagement: Through NGO Bharatiya Yuva Shakti Trust (BYST), it reached out to 7115 youth under Youth Entrepreneurship Development Programme (YEDP). The company provided counselling support to 2144 youths, entrepreneurship training to 500 youths, and supported 80 youth enterprises. It has helped form 27 Youth Clubs and 27 Balika Mandals. It affiliated 85% Youth Clubs and Balika Mandals to Nehru Yuva Kendra Sangh (NYKS), trained 698 individuals across 11 trades, and Organized E-career counselling for employment among other activities. Community Healthcare: JK Paper undertook initiatives to provide free medical checks, treatment and medicines. The Company improved healthcare access through dedicated platforms (Balika Mandals) to handhold adolescent girls in the subjects of personal hygiene, reproductive and sexual health. The healthcare initiatives included access to quality primary care services to underprivileged communities, conducting need-based health camps and providing consultation and medicines, among others. The Company ensured better maternal and child healthcare services; and provided mobile health care services for patients finding it difficult to travel. Holistic Education: JK Paper undertook initiatives to educate local communities and counter centuries-old exploitation. A ‘green campus’ programme was conducted in partnership with Climate Reality Project, USA under which the teachers and students were trained to move to sustainable practices; this comprised solar and LED lights, waste segregation and composting, rain water harvesting, etc. it supported Nutan Gyanvardhini, the only school for children with special needs in Rayagada district and imparted digital literacy trainings to 376 youth/children. Rural Infrastructure Development: With the Government advocating the cause of rural infrastructure, the Company built crematoriums, village approach roads and overhead water tanks. Four villages were being supported for drinking water in Tapi. Seven locations were supported with a water cooler and purifier and An RO plant was provided in ITI, Ukai. Besides this, Mobile RO water unit was supported since Cyclone Fani and the Mission One Million Fruit Tree plantation programme, was launched. COVID-19 Response Under ‘COVID-19 Awareness and Relief Programme’, the Company covered 58 villages of Songadh and Ucchhal blocks of Tapi district, supported 1,624 marginalised households of primitive tribal groups, distributed Health and Safety essential kits among 2,797 households in 13 villages, and undertook COVID-19 safety awareness campaigns in over 150 villages. JK Paper, through its NGO network also distributed food in Puri and Bhubaneswar.

Area Covered Under Plantations: 32,700 acres (in 2020-21), cumulatively more than 4.65 Lac acres

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	2020-21: 30.60 M3/Tonne
Energy:	2020-21: 952 kWh/Tonne

New Developments:

JK Paper Ltd. has recently installed new multi-layer board machine that has an annual capacity of 170,000 TPA in Unit CPM*.

Unit SPM commenced farm forestry plantation promotion activities in its mill catchment areas through advanced clonal technology. The Company installed a new power plant (130TPH AFBC boiler and 20 MW turbine), which helped achieve 100% power generation through captive sources and improve equipment reliability.

In 2019, the company was certified as a great place to work and ranked amongst top 100 companies in India as a great place to work.

Export Markets:

Reaching out to over 62 countries (including the US, the UK, Sri Lanka, Bangladesh, Singapore, Malaysia, Africa and the Middle East).

Future Plans:

The Company intends to widen its product mix following the introduction of products like liquid packaging, cigarette board, anti-fungal board and aqueous boards. In addition, JK Paper’s new packaging board capacity is likely to start production from the second half of the FY 2021-22. The new pulp mill will operate around chlorine-free technology, generate superior pulp, deliver a better board quality and report a lower cost of production, strengthening competitiveness. The increase in capacity will broad base the Company’s market risk and portfolio, strengthening its competitiveness across market cycles.

The Company plans to install new automated refiners and centri-cleaners in Paper Machine 1 in Unit JKPM. The Company plans to undertake a digital transformation journey in key manufacturing processes to reduce process variations, improving quality, cost economy, deliver better, faster service & create direct connect with the end customers.

The Company has launched digital transformation journey drive to enable & make the processes more capable to deliver better, faster and dependable solutions to its customers.

Raw Material Base: 100% wood via social farm forestry.

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BILT Graphic Paper Products Ltd. (BGPPL)

Tamil Nadu Newsprint and Papers Ltd.

Consistent Growth. Continued Excellence

Year of Establishment:	1979
Locations:
Headquarter:	Guindy, Tamil Nadu
Branches:	Ernakulam, Hyderabad, Bengaluru, Mumbai, DelhI, Kolkata and Ahmedabad
Mill 1: Mill 2:	Kagithapuram, Tamil Nadu Mondipatti, Tamil Nadu
Number of Employees:	2500 approximately

Paper & Paper Board Manufacturing Data:

Production Capacity:
Writing & Printing:	2020-21: 4,00,000 TPA 2019-20: 4,00,000 TPA
Multilayer Board:	2020-21: 2,00,000 TPA 2019-20: 2,00,000 TPA
Actual Production:
Writing & Printing:	2020-21: 3,23,588 TPA 2019-20: 3,92,250 TPA
Multilayer Board:	2020-21: 1,71,711 TPA 2019-20: 1,72,776 TPA
Financial Information:
Turnover:	2020-21: INR 2819 crore 2019-20: INR 3509 crore
EBITDA:	2020-21: INR 330 crore 2019-20: INR 644 crore
Net Worth:	2020-21: INR 1597 crore

CSR Activities:

TNPL spent 2% of the average net profits of the Company made during three preceding financial years for community development activities under the broad sectors which include education, health care and medical service, infrastructure development, social development, livelihood/economic development, environment and sanitation, culture & heritage, soil and water conservation.

Area Covered Under Plantations: 1,87,680 acres from 2004-2020 (pulpwood plantations)

Product Launches:

• Aura Green Flute: Developed for hot and cold beverages
• Aura Green Supreme: Cupstock variety for hot and cold beverages with superior printability
• Aura Wad Plus: For inductive application
• SPECTRUM: Copier paper in 70, 75 & 80 GSM

Export Markets: Exports approximately 20% of its production, annually.

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Century Pulp and Paper

Touching Lives in More Ways Than One

Year of Establishment:	1984
Locations:
Registered Office:	Mumbai, Maharashtra
Branches:	Delhi, Mumbai, Kolkata
Mill:	Lalkuan, Uttarakhand
Number of Employees:	3,229

Production Capacity:	2020-21: 4,86,000 TPA 2019-20: 4,45,000 TPA
Financial Information:
Turnover:	2020-21: INR 1,774 crore 2019-20: INR 2,383 crore

CSR Activities:

Paper & Paper Board Manufacturing Data:

At Century Pulp and Paper, a total amount of INR 11.3 crore was spent on CSR activities during FY21.

Community Help: Under this initiative, general and ladies waiting room was upgraded at Bharuch (Gujarat) railway station. In Lalkuan, Nainital (Uttarakhand), activities such as – cleaning of slum areas; construction of toilets; maintenance of parks in Haldwani and Nainital; construction of roads, drains, culverts and retaining walls at Bindukhatta and Shantipuri, were undertaken. In addition, the Company undertook efforts for the provision of drinking water by installation of India Marka Hand Pumps and RO systems, and provision of cattle feed at Gaushala. Overall, efforts for the upliftment of socio-economic standards in rural districts of Nainital, were an important part of the initiative.

Livelihood and Women Empowerment: In Jhagadia, Bharuch, the company installed 240 spindles ring frame, looms and also a training centre at Sewa Rural to facilitate the training and development of rural people. In Lalkuan, Nainital, the company started skill development programme for students of ITI Bindukhatta and 4 training centres and skill development for females.

Healthcare: Within the Healthcare initiative, labour room for PHC was developed, and hospital equipment was supplied. Also, medical camps, blood donation camps, medical awareness campaigns for females, and drug addiction awareness campaigns were organised. In addition, medical mobile vans for disabled were

Education: The focus of the initiative is on school education development with focus on creating an adequate infrastructure for school children. Under this program, four classrooms was constructed at Umadhra High School, Bharuch. In addition, library, stage and other infrastructure was developed at Valia Primary School. Toilets and boundary wall at Taropa Government School was also developed. In Lalkuan, the renovation activities of primary schools, construction of rooms, furniture, computers in government schools at Bindukhatta and Shantipuri, were undertaken. Apart from this, smart classes at Baddi were started.

COVID-19 Response:

• Helped sanitise tribal areas and some parts of Lalkuan, Nainital
  
• Sensitised people on the safety precautions and measures during the pandemic
  
• Helped generate livelihoods by manufacturing masks and other products, especially for women during difficult times
  
• Distributed free ration and PPE kits during lockdown
  
• CPP team distributed 1.5 lakh litres of sanitiser and masks
  
• Infrastructure development of community centre to maintain social distancing
  
• Financial assistance to Chief Minister’s Funds

Area Covered Under Plantations: Total 7.2 lakh trees planted in FY21.

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	2020-21: 32 m³/Tonne
Power:	2020-21: 14 lakh units/day

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West Coast Paper Mills Ltd.

Your Partner in Progress

Year of Establishment:	1955
Locations:
Corporate Office:	Kolkata, West Bengal
Branches:	New Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Kolkata
Mill:	Dandeli, Karnataka
Number of Employees:	2418

Paper & Paper Board Manufacturing Data:

Production Capacity:

Paper & Board:	2020-21: 3,65,000 TPA 2019-20: 3,65,000 TPA
Actual Production:
Paper & Board:	2020-21: 229017 TPA 2019-20: 313876 TPA
Financial Information:
Turnover:	2020-21: INR 1281 crore 2019-20: INR 1866 crore
EBITDA:	2020-21: INR 201.05 crore 2019-20: INR 528.79 crore
Net Worth:	2020-21: INR 1298.44 crore 2019-20: INR 1295.53 crore

CSR Activities:

INR 353.02 lakhs spent on CSR initiatives which include health care programs, education support programs, promotion of social activities & creation of infrastructure, protection of natural resources & sustainability, protection of national heritage, making available safe drinking water, eradicating hunger, poverty & malnutrition and rural development support.

The Company also established one PSA Oxygen Plant for 50 patient’s requirements in Dandeli Government Hospital which was started in Aug 2021. This noble initiative will help the local community for timely availability of oxygen and development of medical infrastructure in Dandeli for future use.

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	2020-21: 74 m³/MT 2019-20: 63 m³/MT
Energy:	2020-21: 1376 kWh/MT 2019-20: 1277 kWh/MT

New Developments:

• Fiberline upgradation
• New chipper house
• New CD filter

Product Launches: Plastic-free coated cupstock paper board

Export Markets: Export of paper & board during the year was 2038 MT worth INR 12 crore (FOB) as against 3588 MT worth INR 21 crore (FOB) in the last year.

Future Plans:

The Company is continuously working phase wise investment at Paper Division, Dandeli for improving paper quality, producing new speciality products and reducing of usage of steam, power, chemical, water and also minimizing the breakdown of machines.

Raw Material Base:
Wood:	2020-21: 4.38 MT/MT 2019-20: 4.29 MT/MT

(*Information sourced from Annual Report)

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N R Agarwal Industries Ltd.

Culture of no compromise

Year of Establishment:	1993
Locations:
Regional Office:	Mumbai, Maharashtra
Mill 1:	Vapi, Gujarat
Mill 2:	Sarigam, Gujarat
Number of Employees:	1505

Paper & Paper Board Manufacturing Data:

Production Capacity:

Duplex:	2020-21: 1,80,000 TPA 2019-20: 1,80,000 TPA
Newsprint and W&P:	2020-21: 1,74,000 TPA 2019-20: 1,74,000 TPA
Actual Production:
Duplex:	2020-21: 1,67,692 TPA 2019-20: 1,81,827 TPA
Newsprint:	2020-21: 777 TPA 2019-20: 3447 TPA
Writing & Printing:	2020-21: 1,16,037 TPA 2019-20: 1,53,689 TPA
Financial Information:
Turnover:	2020-21: INR 1145.63 crore 2019-20: INR 1404.92 crore
EBITDA:	2020-21: INR 140.94 crore 2019-20: INR 228.34 crore
Net Worth:	2020-21: INR 476.49 crore 2019-20: INR 418.78 crore

CSR Activities:

The Company has spent a total amount of INR 264.96 lakhs towards CSR initiatives.

• Healthcare: INR 224.46 lakhs
• Education: INR 40 lakhs
• Infrastructure/Cultural/Environment: INR 0.50 lakhs

Export Markets:

Around 15% is dedicated to export of total production. The major export markets include Sri Lanka, the UAE, Belgium, Vietnam, Bangladesh, Kenya, East Africa etc.

Raw Material Base: 100% waste paper

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Emami Paper Mills Ltd.

Together We Grow, Together We Create A New World

Year of Establishment:	1981
Locations:
Regional Office:	Kolkata, West Bengal
Branches:	Mumbai, New Delhi, Hyderabad
Mill:	Balasore, Odisha
Number of Employees:	2975

Paper & Paper Board Manufacturing Data:

Production Capacity:

Paper Board:	2020-21: 2,00,000 TPA 2019-20: 1,80,000 TPA
Newsprint, W&P & Kraft:	2020-21: 1,40,000 TPA 2019-20: 1,40,000 TPA
Actual Production:
Paper Board:	2020-21: 1,82,237 TPA 2019-20: 1,76,756 TPA
Newsprint, W&P & Kraft:	2020-21: 61,632 TPA 2019-20: 1,36,888 TPA
Financial Information:
Turnover:	2020-21: INR 1216.27 crore 2019-20: INR 1515.32 crore
EBITDA:	2020-21: INR 181.46 crore 2019-20: INR 247.92 crore
Net Worth:	2020-21: INR 539.46 crore 2019-20: INR 218.92 crore
Growth Rate:	Turnover: (-) 20%

CSR Activities:

• The company puts sincere effort to enrich life of under privileged inhabitants of surrounding villages by developing infrastructures like drinking water supply, laying and improving roads, culverts, providing lighting facilities, development of parks etc.
• As a responsible corporate citizen, apart from generating indirect employment for its stakeholders in & around factory area, the company has developed huge plantation area within its premises as well as encourages people to develop greenery by distributing sapling to local people, schools and colleges.
• The company has taken its social responsibility as a part of its operating policy and conducting its social activities to promote inclusive and sustained growth.
• The company has incurred INR 0.48 crore in 2020-21 and INR 1.50 crore in 2019-20 towards CSR activities.

Area Covered Under Plantations: 53 acres

Water:	2020-21: 10.1KL/Tonne 2019-20: 13.5KL/Tonne
Energy:	2020-21: 622 kWh/Tonne 2019-20: 683 kWh/Tonne
Coal:	2020-21: 1.021 Tonne/Tonne 2019-20: 1.039 Tonne/Tonne

New Developments:

• Increased share in the market of virgin grade writing & printing paper
• Developed high BF kraft paper
• Developed sources for cost effective procurement of waste paper
• Arranged linkage source for 100% coal requirement
• Developed export market for paperboard and kraft

Product Launches:

• Virgin grade writing and printing paper
• Super fine print paper (Lower GSM)
• White top liner
• Coated virgin back board
• Eco carry kraft paper
• Copier grade paper developed in A4 & FS sizes
• Azure laid grade were developed for indigenous market

Export Markets:

During 2020-21, the Company exported 10,000 MT of Kraft Paper to South-East Asian countries. It also exported around 60000 MT of Packaging Boards to different countries and have established itself as a premium grade finest quality board manufacturer and the quality has been approved by International multinational giants like Unilever, Colgate Palmolive, Heineken, Nestle, etc.

Future Plans:

• 10% capacity increase by upgradation and modernization of Paper and Board Machines
• Modification of PM3 with installation of Size Press for manufacturing of writing & printing paper and high BF Kraft Paper
• The company based on its fungibility in its 3 paper machines is now comfortable in catering market demands for Writing and Printing Paper /Newsprint /Kraft Paper
• The company is also focusing on Niche products/Value added products in the above categories
• Water consumption is being optimized along with increased use of recycled water in order to reduce consumption of fresh water by 20%

Raw Material Base:

Waste Paper:	2020-21: 53% 2019-20: 61%
Imported Pulp:	2020-21: 47% 2019-20: 39%

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Bindals Group

Passion, Planet, Paper

Year of Establishment:	2009
Locations:
Headquarter:	New Delhi
Mill 1:	Bindals Papers Mills Ltd., Muzaffarnagar, Uttar Pradesh
Mill 2:	Tehri Pulp and Paper Ltd., Muzaffarnagar, Uttar Pradesh
Mill 3:	Agarwal Duplex Board Mills Ltd., Muzaffarnagar, Uttar Pradesh
Number of Employees:	1300

Paper & Paper Board Manufacturing Data:

Production Capacity:
Paper & Paper Board:	2020-21: 3,08,250 TPA 2019-20: 3,08,250 TPA
Actual Production:
Paper & Paper Board:	2020-21: 2,64,282 TPA 2019-20: 2,82,859 TPA
Financial Information:
Turnover:	2020-21: INR 1009.03 crore 2019-20: INR 1145.89 crore
EBITDA:	2020-21: INR 102.76 crore 2019-20: INR 107.86 crore
Net Worth:	2020-21: INR 292.19 crore 2019-20: INR 262.44 crore
Growth Rate (Net Worth):	2020-21: 11.5% 2019-20: 8.71%

CSR Activities:

The company had spent INR 22 lakhs on its CSR activities in FY2019-20. For FY2020-21, the total CSR expenses were INR 34 lakhs. Bindals Papers Mills has contributed towards rain water harvesting in nearby villages, community hospital care, regular blood donation & eye care camps and supply of RO plants in nearby villages for pure drinking water.

Area Covered Under Plantations: 6.41 Ha.

Water & Energy Consumption Per Tonne of Paper Produced:

Water:

20 m³/MT

New Developments:

Upgradation of pulp mill, paper machine and recovery plant.

Product Launches:

Cup Stock Paper, Envelope Paper, Bindals Classic Paper, Wedding Card Paper, Paper Plate Paper & Natural Shade Paper.

Export Markets:

35 countries with the main focus to the UK, the UAE, Nigeria, Iran, Ethiopia, Ghana, Kenya, and Oman.

Future Plans:

Production of high-end packaging grade paper.

Raw Material Base:

Wheat straw, baggase, farming wood & waste paper.

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Andhra Paper Ltd.

Year of Establishment:	1964 Renamed in 2020
Locations:
Corporate Office:	Hyderabad, Telangana
Regional Offices:	New Delhi, Kolkata, Mumbai, Bengaluru, Kochi, Chennai
Mill 1:	Unit Rajahmundry – East Godavari, Andhra Pradesh
Mill 2:	Unit Kadiam Mandalam – East Godavari, Andhra Pradesh
Number of Employees:	4843

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 2,41,000 TPA 2019-20: 2,41,000 TPA
Actual Production:	2020-21: 1,64,408 TPA 2019-20: 2,27,600 TPA
Financial Information:
Turnover:	2020-21: INR 886.75 crore 2019-20: INR 1269.70 crore
EBITDA:	2020-21: INR 71.70 crore 2019-20: INR 317.02 crore
Net Worth:	2020-21: INR 975.22 crore 2019-20: INR 975.85 crore

CSR Activities:

Andhra Paper Ltd. strives to accomplish the inclusive development of the communities through its CSR initiatives. The company spent INR 418 lakhs to address and engage in the areas of education, health & wellness and community engagement. Around 15 villages, 1 town and 6000+ households benefitted through CSR activities, 929681 kilo litres of safe drinking water supplied to communities under social accountability, essential food material worth INR 21 lakhs supplied to the needy at Rajahmundry and INR 10 lakhs donated to East Godavari District Collector under COVID-19 relief measures.

Area Covered Under Plantations:

4066 hectares during the year. 571 saplings & seedlings distributed through farm-forestry initiative.

New Developments:

• Attained OTIF score – 96%, one of best in paper industry
• Increased sale of Cupstock variants (Cupstock & bottom) by 169% (23,990 MT vs 8,915 MT) – Thus, increased sales in industrial segment by 10%.

Product Launches:

Phrama Print, Thermal Base Paper, Andhra SuperPrint, Cupstock variants, Virgin Kraft, Fresho Pack.

Future Plans:

• Optimise the existing production capability
• Customer base expansion
• Cost and efficiency improvement
• New business development
• Farm-forestry initiatives

Raw Material Base:

During the year, the company procured 43.8% certified virgin fiber (FSC 100%) and balance was FSC controlled material. It uses waste paper (Recovered Fiber) to produce writing and printing paper. It used 55% FSC controlled material and 11% of FSC RM (Reclaimed Material).

(*Information sourced from Annual Report)

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Gayatrishakti Paper & Boards Ltd.

Believe in Consistent Quality

Year of Establishment:	1996
Production started:	2000
Locations:
Headquarter:	Mumbai, Maharashtra
Unit 1-Duplex Division:	Vapi, Gujarat
Unit 2-Kraft Division:	Sarigam, Gujarat
Number of Employees:	713

Production Capacity:
Duplex:	2020-21: 1,02,000 TPA 2019-20: 1,02,000 TPA
Kraft:	2020-21: 1,32,000 TPA 2019-20: 1,32,000 TPA
Actual Production:
Duplex:	2020-21: 92,150 TPA 2019-20: 95,070 TPA
Kraft:	2020-21: 1,19,881 TPA 2019-20: 1,22,865 TPA
Financial Information:
Turnover:	2020-21: INR 704.53 crore 2019-20: INR 682.83 crore
EBITDA:	2020-21: INR 93.15 crore 2019-20: INR 91.14 crore
Net Worth:	2020-21: INR 185 crore

CSR Activities:

The Company is associated with an NGO that is actively involved in education, medical and food for the welfare of poor and needy community. The NGO is well organized and serving to the society welfare since last two decades in the western India.

Area Covered Under Plantations: 3000 meter (including plantation covered during FY21 of 500 Sqm)

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	4 KL/Tonne
Energy:	330 Units/Tonne

New Developments:

Added the following technology in the plant:

• Refiner
• New OCC Pulper
• Jet Cooker
• Incinerator (Boiler) for plastic waste disposal

Product Launches:

In the year 2019-20, the company had concentrated on quality development on the existing product of Duplex Board and Kraft papers. The company was able to achieve superfine quality of both grade of Duplex and Kraft paper and got tremendous response from both domestic and international market by receiving repeated orders from renowned customers.

Export Markets: Total 31.33% export

• United Arab Emirates: 13.50%
• Sri Lanka: 12.95%
• Vietnam: 3.00%
• Malaysia: 0.60%
• Hong Kong: 0.55%
• Bangladesh: 0.53%
• Taiwan: 0.10%
• Sweden: 0.10%

Future Plans:

The company is in process to develop premium product in the near future to cater to the increased demand of product mainly White Top Kraft Liner Board and Kraft Pulp Board. The product mainly White Top Kraft Liner Board is being required by the packaging market in both uncoated and coated format. Both products are mainly used in the premium segment of packaging and the demand in both domestic and international market is growing gradually. The margins are usually high compare to usual product.

Raw Material Base:

100% recycled fibers obtained from waste papers.

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Seshasayee Paper and Boards Ltd.

Fine Papers Lasting Impressions

Year of Establishment:	1960
Commercial Production:	1962
Locations:
Registered Office:	Erode, Tamil Nadu
Mill 1:	Unit Erode, Pallipalayam, Tamil Nadu
Mill 2:	Unit Tirunelveli, Mukkudal, Tamil Nadu
Number of Employees:
Unit Erode: Unit Tirunelveli:	1221 217

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 2,05,000 TPA 2019-20: 2,05,000 TPA
Actual Production:	2020-21: 1,70,138 TPA 2019-20: 1,97,547 TPA
Financial Information:
Turnover:	2020-21: INR 781.79 crore 2019-20: INR 1183.98 crore
EBITDA:	2020-21: INR 126.87 crore 2019-20: INR 289.57 crore
Net Worth:	2020-21: INR 1101. 60 crore 2019-20: INR 985.96 crore
Growth Rate (Turnover):	2020-21: (-) 33.97% 2019-20: (-) 10.66%
CSR Activities:

Seshasayee Paper has spent INR 4.77 crore on its CSR activities. It has contributed INR 1.17 crore for running of schools and other educational institutions. Around INR 1.09 crore was spent on providing infrastructure facilities in nearby villages including Laying of Bitumen Roads, etc. and INR 0.76 crore for supply of drinking water to nearby villages. The company has provided INR 0.77 crore for Covid-19 relief packages and INR 0.98 crore for rural primary health centers.

Seshasayee Paper undertook a series of initiatives throughout the year, to help its employees, their families and those living around plants to combat Covid-19 pandemic. While re-commencing operations of the plant, a detailed Standard Operating Procedures (SOP) was put in place and Awareness Programmes were conducted for all employees.

The company provided face masks, gloves and other protection materials free of cost to all employees and nearby residents. In line with the Guidelines of Govt. of Tamil Nadu, Kabasura Kudineer (a herb based medicinal drink) was distributed, free of cost, to all its employees and residents regularly. Hand sanitizers were provided at mill entrance, all departments and also in public places around the Mill. Packets containing rice, grocery, cooking oil, etc. were distributed to those residing in containment areas as requested by District Collector, Namakkal.

Disinfectant was sprayed every day using a dedicated tractor all over the plant, residential colony and nearby villages. The company also assisted installation of key medical equipment, oxygen storage system, etc. in nearby government hospitals.

Employee Welfare:

• The company continued to approach the employees and all other stakeholders with high levels of empathy, to allay the fears and uncertainties in their minds that arose from Covid-19.

• SPB ensured 100% vaccination of all its employees and their families, including temporary workmen. The company has also worked with primary health in the nearby villages vaccinated. This has been a priority area over the last 12 months.

Area Covered Under Plantations:

Area covered:	2020-21: 19015 acres 2019-20: 16801 acres
Trees planted:	2020-21: 16.40 crore 2019-20: 14.50 crore

Water & Energy Consumption Per Tonne of Paper Produced:

Process Water:	2020-21: 40 m³/Tonne 2019-20: 37 m³/Tonne
Power:	2020-21: 1478 kWh/Tonne 2019-20: 1488 kWh/Tonne
Process Steam:	2020-21: 5.94 Tonnes/Tonne 2019-20: 5.88 Tonnes/Tonne

New Developments:

In the FY 2020-21, the Company had embarked on a Mill Development Plan-III (MDP-III) at Unit Erode at a cost of INR 315 crore.

The MDP-III at Unit Erode consists of:

• Upgradation and modernisation of the paper machines to increase the capacity from 1,32,000 tonnes per annum to 1,65,000 tonnes per annum
• Upgradation and modernisation of the RDH pulp mill to increase the capacity to 1,54,000 tonnes per annum
• Conversion of one paper machine to manufacture high end varieties of multi-layer boards.
• Upgradation of the recovery island
• Augmentation of waste water treatment plant

The execution of the Project (MDP-III) had commenced with July 1, 2020 as the Zero Date, with an originally planned project execution period of 21 months. However, with some of the major suppliers and service providers, both globally and in India, located in Covid-19-lockdown areas, the project has seen delays and the Company expects to complete the Project in entirety, in FY 2021-22.

Some of the major components of the project, namely (a) upgradation of Paper Machine No. 5, (b) upgradation of Paper Machine No. 1, (c) conversion of Paper Machine No. 2 for manufacture of single layer and multi-layer boards, have been completed. Other critical components of the project, namely (a) the upgradation of Paper Machine No. 3, (a) upgradation of Paper Machine No. 4 (c) upgradation of Recovery Island and RDH Pulp Mill, are expected to be completed in phases in the FY 2021-22.

The Company registered a lower PBT compared to previous year, mainly due to lower sales volumes and drop in net sales realisations in the current year, attributable in entirety to the significant reduction in demand for Printing and Writing Paper caused by lockdown imposed in multiple phases by Central / State Governments in India, to contain the spread of COVID-19 pandemic. As a result, profit after tax for the year ended March 31, 2021 was INR 100.27 crore, as compared to INR 173.46 crore, in the previous year.

The Company did not have any installments of Term Loans and interest (on Term Loans and Working Capital borrowings), due for payment during the year.

The Company reports NIL debt position as on March 31, 2021 (Debt Position as on March 31, 2020 was also NIL

The Company’s Quality Management Systems and Environment Management Systems continue to be covered under ISO 9001 and ISO 14001 Accreditations.

The Company continues to enjoy certification under Occupational Health and Safety Assessment Series 18001 (OHSAS) which is an international standard that facilitates management of Occupational Health and Safety risks associated with the business of the organization.

The Company has been certified under four Standards of FSC, viz. FSC-STD-40-004, FSC-STD-40-005, FSC-STD-40-003 and FSC-SSTD-50-001. By this, the Company assures its stakeholders that the wood and wood fibre (pulp) purchased by it are traceable to responsibly managed plantations and that adequate document controls are in place to ensure identification and traceability throughout the Chain of Custody. This also means that the Company is capable of manufacturing and selling FSC 100% and FSC Mix Products in the domestic and international markets.

The Company won the following Awards and recognitions during the year:

• CII SR EHS Excellence Awards for the year 2020: The Company secured 3-star rating from CII in appreciation of the EHS Practices of the Company.
• Tamil Nadu State Safety Award.

The Company continues to be accredited with “Star Export House” Status by the Government of India, Ministry of Commerce, Directorate General of Foreign Trade, in recognition of its export performance.

Product Launches:

• Azurelaid (High Smooth): Surface sized, high smooth, high strength ledger paper
• Pharma Paper: To be used as pharma insert in pharmaceutical segment
• Maplitho (CB): High strength maplitho paper for paper bag segment
• Virgin Kraft: Strong kraft paper for paper bag, pouches and corrugating applications
• MF Kraft (DS): Strong kraft paper for paper bag, pouches and corrugating applications
• Chromo-High Brite: One side coated paper with superior brightness
• SPB Prime: High quality base board for paper cups
• SPB Flora: High quality boards for paper plates
• SPB Momentz: High quality boards for wedding cards
• SPB Fusion: Bleached carton boards for corrugating applications
• SPB Carton Board: Bleached carton boards for corrugating applications
• Kraft Liner Board: Unbleached boards for corrugating applications
• Albella 70 GSM: Co-branded plain copier paper
• SPB Copier Deluxe 70 GSM: Plain copier paper

Export Markets:

Armenia, Afghanistan, Benin, Botswana, Bulgaria, Burkina Faso, Peru, Cambodia, Cameroon, Chile, Congo, Ethiopia, Ghana, Iran, Ivory Coast, Jordan, Kenya, Liberia, Madagascar, Malawi, Mauritius, Nigeria, Qatar, Rwanda, Senegal, South Africa, Sri Lanka, Sudan, Oman, Syria, Tanzania, Togo, Turkey, Uganda, UAE, USA, Vietnam, Yemen, Fiji, Kuwait, Lebanon, Mexico, Zambia.

Export Sales Quantity:	2020-21: 27983 Tonnes 2019-20: 36413 Tonnes
Export Sales % on Production:	2020-21: 16.45% 2019-20: 18.43%

Future Plans:

The Company is currently working on enhancing the capacity of Unit Tirunelveli through an appropriate product-mix.

Raw Material Base (Quantity):
Wood:	2020-21: 270445 BDT 2019-20: 280739 BDT
Bagasse:	2020-21: 15327 BDT 2019-20: 30608 BDT
Imported/ Indigenous Pulp:	2020-21: 10074 ADT 2019-20: 15976 ADT
Re-Cycled Fiber (Waste paper):	2020-21: 7410 ADT 2019-20: 19628 ADT

Raw Material Base (%):
Wood:	2020-21: 89% 2019-20: 81%
Bagasse:	2020-21: 5% 2019-20: 9%
Imported/ Indigenous Pulp:	2020-21: 3% 2019-20: 4%
Re-Cycled Fiber (Waste paper):	2020-21: 3% 2019-20: 6%

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Trident Group

Being different is normal

Year of Establishment:	1990
Locations:
Headquarter:	Ludhiana, Punjab
Mill:	Barnala, Punjab
Number of Employees:	16,111

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 1,75,000 TPA 2019-20: 1,75,000 TPA
Actual Production:	2020-21: 1,37,771 TPA 2019-20: 1,50,726 TPA
Financial Information:
Turnover:	2020-21: INR 704.1 crore 2019-20: INR 922.5 crore
EBITDA:	2020-21: INR 182.3 crore 2019-20: INR 310 crore
Net Worth:	2020-21: INR 3316.6 crore 2019-20: INR 2966.9 crore
CSR Activities:

Under SRIJANA initiative, Trident Foundation enlightens women about the importance of their health, spread awareness among adolescent females about the process of menstruation and other related aspects concerning hygiene. The company has touched approximately 10,500 women’s lives as they were introduced to better and hygienic ways to deal with menstruation. Apart from that, Trident has installed sanitary napkins vending machines in all its plant locations i.e Sanghera, Dhaula and Budhni where all menstruating women can obtain the napkin for free and the expense is borne by the company.

Trident Foundation has arranged to install 8 hand pumps in 11 villages of the state of Madhya Pradesh for better access to water. These hand pumps are serving approximately 18500 people providing them with safe and pure drinking water at all times. Also, an arrangement of 2 water tanks with a capacity of 1000 litres and installation of water taps in each of the above villages for storage of clean drinking water has been made.

The company has impacted over 200 families under Hastkala initiative by extending its support to several self-help groups of women in rural areas of Punjab and Madhya Pradesh.

Its holistic education initiatives ensure a healthy learning environment. Trident Foundation has currently renovated and built new rooms in four schools and two anganwadi centres in district Sehore. It has completely revamped the existing facility through the provision of desks and bench sets, availability of clean drinking water, toilets, construction of boundary walls, flooring, waterproofing of roofs etc. Keeping a full track of environment, the four schools and anganwadi centres are fully solar-powered equipped.

Under the project Swastha, quarterly free medical camps at Barnala are hosted for the vulnerable sections of society by the company.

To help women be self-dependent and restore livelihood for them, the company will be opening sewing skill centers across Barnala . “WeCare” loans are small initiative of assisting the internal members through the monetary loans per their personal needs at subsidized rates. Madhuban hospital is a health care facility targeted to serve the medicinal needs of below poverty line (BPL) people.

Besides these ongoing programmes for societal and community betterment, the team of Trident Foundation responds to regular blood donation camps, special camps for antenatal, pre-natal and post-natal health care for expecting and lactating women in villages of Sehore and Hoshangabad.

Area Covered Under Plantations:

Budhini:	212 acres
Sanghera:	13 acres
Dhaula:	213.5 acres

New Developments:

In spite of the critical second wave of COVID, in the paper business, the company performed effectively achieving a turnover of INR 47,239 million in 2019-2020. Over the years, it has yielded several awards – the CII’s National Award for Excellence in Energy Management, Star Trading House FIEO Export Excellence Award, Indian Exporters Excellence Awards and the Government of India’s National Energy Conservation Award among many others.

Today, as an ISO 9001: 2008, ISO 14001:2015 and OHSAS 18001:2015 certified company, Trident has an impressive line-up of world-class office products such as laser printer paper, laser paper, inkjet printer paper, Bond paper, presentation paper and multi-purpose paper. Its various paper grades include Trident Spectra, Trident My Choice, Trident Natural, Trident Royal Touch, Trident Digi Print and the premium Trident Spectra Bond.

Product Launches:

Trident has launched bleached kraft paper, unbleached kraft paper, sublimation paper and ant-bacterial and eco-friendly notebooks under the name, “My Choice” and recorded a turnover of INR 45,353 million in 2020-2021.

The company delivers the best quality and eco-friendly paper, The Good Paper, made from wheat straw. Wheat straw is one of the most abundant agricultural wastes available in largely agrarian India. By using wheat straw, Trident is helping prevent large amounts of this resource from being burnt and causing air pollution. It is also providing an additional source of income to all its associated farmers.

The journey of the Good Paper which started from copiers has today taken many forms and expanded its horizons across a ‘world of possibilities’ – copier paper, anti-bacterial notebook, printing paper and a variety of specialty papers to make carry bags, drawing papers, wedding cards, soap wrappers, cup bottoms and many more utilitarian and eco-friendly products. The Good Paper is certified for causing fewer carbon emissions. It has also been pronounced a Superbrand two times in a row.

Export Markets:

15% of total production is exported to countries including Angola, Australia, Bahrain, Congo, DR Congo, Ethiopia, Greece, Haiti, Italy, Ivory Coast, Kenya, Kuwait, Liberia, Madagascar, Malaysia, Mauritius, Nepal, Oman, Qatar, Saudi Arabia, Siera Leone, Sri Lanka, Sudan, Tanzania, Lebanon Turkey, UAE, Uganda, Ukraine, Zambia, Maldives, Iraq, Georgia, Rwanda, Mozambique, Puerto Rico, New Zealand, Mauritania, Ghana, US, Canada, Burundi.

Raw Material Base:
Agro residue:	60-70%
Wood pulp:	30-40%

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Astron Paper & Board Mill Ltd.

Excelling with Innovation

Year of Establishment:	Incorporated in 2010 Commercial Production in 2012
Locations:
Head Office:	Ahmedabad, Gujarat
Mill 1:	Halvad, Gujarat
Mill 2:	Bhuj, Gujarat
Mill 3:	Mehsana, Gujarat (Balaram Papers Private Limited-Wholly Own Subsidiary)
Number of Employees:	329 (as at 31st March 2021)

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 2,22,000 TPA 2019-20: 2,22,000 TPA
Actual Production:	2020-21: 1,59,016 TPA 2019-20: 1,47,488 TPA
Financial Information:
Turnover:	2020-21: INR 435.15 crore 2019-20: INR 358.90 crore
EBITDA:	2020-21: INR 31.82 crore 2019-20: INR 35.81 crore
Net Worth:	2020-21: INR 173.11 crore 2019-20: INR 163.62 crore
CSR Activities:

Under it CSR initiatives — the company has contributed more than INR 51 lakhs towards Swachh Bharat Abhiyan, Gram Seva Trust, Dardionu Rahat Fund, Aadhar Foundation, Blind’s People Association, Vishv Umiya Foundation, Foundation for Drug Free Society, Mission Clean Ganga, Akshaya Patra, Avval among other initiatives.

Export Markets: 16% of total revenue.

Belgium, Iran, Bahrain, Dubai, Nepal, China, Vietnam, Cambodia, Malaysia, Bangladesh, Sri Lanka, Mauritius, the UAE, Yemen, Saudi Arabia, Kenya, Zimbabwe, Cameroon and Ghana.

Future Plans:

The company seeks to develop and adopt in-house strategies like global paper industry which would help to make functional changes and integrate whole process streamline from fiber to container. The strategy would help the company to backward and forward integration as its near future plans and to set milestone as one of the first players in Indian paper industry. Astron will appoint separate R&D team to develop market and bring innovations to every paper products available for rigid and fix packaging, and also replace banned plastic packaging with paper packaging at large scale. The Company is planning to launch new value-added products for both the domestic and export markets.

Raw Material Base:

Imported and indigenous waste paper.

(*Information sourced from Annual Report)

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Silverton Pulp & Papers Pvt. Ltd.

Creating Paper to Your Needs

Year of Establishment:	2004
Locations:
Registered Office:	Muzaffarnagar, Uttar Pradesh
Mill:	Muzaffarnagar, Uttar Pradesh
Number of Employees:	650

Paper & Paper Board Manufacturing Data:

Production Capacity:
Kraft Paper & Board:	2020-21: 90,000 TPA 2019-20: 90,000 TPA
Newsprint, W&P & Other:	2020-21: 1,08,000 TPA 2019-20: 1,08,000 TPA
Actual Production:
Kraft Paper & Board:	2020-21: 66,306.245 TPA 2019-20: 69,801.811 TPA
Newsprint, W&P & Other:	2020-21: 58,925.588 MTPA 2019-20: 63,219.997 MTPA
Financial Information:
Turnover:	2020-21: INR 467.82 crore 2019-20: INR 524.29 crore
EBITDA:	2020-21: INR 63.42 crore 2019-20: INR 60.96 crore
Net Worth:	2020-21: INR 145.48 crore 2019-20: INR 106.84 crore
CSR Activities:

• During the second wave of COVID-19, the company has contributed to the society by donating oxygen concentrator.
• Provided continuously support to poor children by means of AKAL Vidhyalaya Scheme.
• Made donation on regular basis for the development of society.

Area Covered Under Plantations: 6.5514 Hectare (33% of total land area)

Water & Energy Consumption Per Tonne of Paper Produced:

Kraft Paper:	Water: 3m³/Tonne Energy: 325 Units/Tonne
Writing and Printing:	Water: 10m³/Tonne Energy: 1000 Units/Tonne

New Developments: Development of various products including:

• Cup Stock Base Paper
• Wedding Card Base Paper
• Carry Bag Kraft Paper
• Kraft Paper for E-commerce Bags

Export Markets:

UAE, China, Iran, Bangladesh & Nepal

• 2020-21: 11.67%
• 2019-20: 3.78%

Raw Material Base: 100% Waste paper

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Dev Priya Products Pvt. Ltd.

Year of Establishment:	1998
Locations:
Headquarter:	Meerut, Uttar Pradesh
Mill:	Meerut, Uttar Pradesh
Number of Employees:	600

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 1,50,000 TPA 2019-20: 1,50,000 TPA
Actual Production:	2020-21: 1,28,943 TPA 2019-20: 1,43,115 TPA
Financial Information:
Turnover:	2020-21: INR 454.54 crore 2019-20: INR 477.04 crore
EBITDA:	2020-21: INR 64.48 crore 2019-20: INR 50.67 crore
Net Worth:	2020-21: INR 200.38 crore 2019-20: INR 157.52 crore
CSR Activities: Promotion of Education

Area Covered Under Plantations: 200 trees planted in 50.16 Hectares (200 Bigha)

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	7 m³/MT
Energy:	400 units/MT

Raw Material Base: Waste paper

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Satia Industries Ltd.

We Dream: We Deliver

Year of Establishment:	1980
Locations:
Headquarter:	Rupana, Punjab
Branches:	Delhi, Jaipur, Chandigarh, Raipur
Mill:	Rupana, Punjab
Number of Employees:	1503

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 1,05,000 TPA 2019-20: 1,05,000 TPA
Actual Production:	2020-21: 1,20,501.4 TPA 2019-20: 1,33,191.1 TPA
Financial Information:
Turnover:	2020-21: INR 588.44 crore 2019-20: INR 808.64 crore
EBITDA:	2020-21: INR 136.12 crore 2019-20: INR 174.92 crore
Net Worth:	2020-21: INR 445.35 crore 2019-20: INR 395.48 crore
Growth Rate:	Turnover: 38.32% (six months ended 30.9.2021 v/s six months ended 30.9.20) EBITDA: 36.10% (six months ended 30.9.2021 v/s six months ended 30.9.20)

CSR Activities:

The guiding principle of Satia Industries Limited CSR programs is enabling people to lead a better life. The Company’s focus areas are Education, Health and Wellness and Environmental Sustainability. The Company’s participation focuses on operations where it can contribute meaningfully either through employee volunteering or by using core competency which develops solutions.

The surge of second wave in COVID-19 in India has happened quite suddenly and several states have imposed renewed COVID restrictions. Resultantly, the Company was able to expend INR 122.44 lakh on the CSR activities up to 31st March, 2021 and the balance required amount of INR 133.55 lakh (including INR 49,20,833 of the previous year) was expended by the Company for undertaking of Medical Oxygen Generation and Storage Plants at local area of District Sri Muktsar Sahib for countering Covid-19 and on promotion of education.

Area Covered Under Plantations:

540 acres (Eucalyptus plantations, developed as per Karnal Technology, which consumes total treated water discharge.)

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	2020-21: 60 m³/Tonne
Energy:	2020-21: 1300-1400 kWh/Tonne

New Developments:

2020-21:

• Installation of Multifuel Boiler (a cost saving of appox. 250 million per year)
• Installation of 14 MW turbine
• Machinery procured for table cutlery segment

2019-20:

• Recorded highest production of 1,33,191 MT and capacity of CRP plant increased from 400-650 TPD
• Listing of SIL’s equity shares on NSE in July 2019

Product Launches:

Commercial production of cutlery segment to be started in the month of December 2021

Export Markets:

SIL currently has a presence in Sri Lanka & Nepal. SIL plans to expand its base in the Middle East, African countries and also with select European and American clientele, who seem to have evinced interest in sourcing green copier paper (premium quality) from India.

Future Plans:

The Company has an expansion plan of doubling the production capacity from 300 TPD to 600 TPD. It is under advance stage of implementation and will be fully operational in the FY 2023 when topline will touch INR 1400 crore from present peak level of INR 800 crore plus. EBIDTA margin will remain in the range of 21-24% and PAT margin is likely to remain at 10% plus. The Company has already ventured into moulded fiber cutlery with 4 TPD capacity to be fully operational in this year and company has ambitious plan to have a turnover of INR 100 crore in this segment alone in near future.

Raw Material Base:

Agro & Venner/Wood waste:	2020-21: 94-95% 2019-20: 94-95%
Waste Paper:	2020-21: 5-6% 2019-20: 5-6%

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Ruchira Papers Ltd.

Committed to the Earth

Year of Establishment:	1980
Locations:
Registered Office:	Kala Amb, Himachal Pradesh
Mill:	Kala Amb, Himachal Pradesh
Number of Employees:	1000 approximately

Paper & Paper Board Manufacturing Data:

Actual Production:	2020-21: 1,23,974 TPA 2019-20: 1,34,048 TPA
Financial Information:
Turnover:	2020-21: INR 415.42 crore 2019-20: INR 481.01 crore
EBITDA:	2020-21: INR 24.53 crore 2019-20: INR 44.06 crore
Net Worth:	2020-21: INR 270.14 crore 2019-20: INR 264.56 crore

CSR Activities

As a responsible business, Ruchira Papers is socially inclined and focuses on sustained and effective Corporate Social Responsibility Projects. It defines Corporate Social Responsibility as the way a Company balances it’s economic, social and environmental objectives while addressing stakeholder expectations and enhancing shareholders value. The employees are also encouraged to volunteer their time and skills and enjoy the experience of giving back to the communities in which they work

The Company has identified the projects in a participatory manner, in consultation with the interested communities and in consonance with Schedule VII of the Companies Act, 2013. Arising from this, the focus areas that have emerged are the Rural and Infrastructure Development, providing quality education, preventive health care, sustainable livelihood and environment sustainability.

Raw Material Base:

• Agriculture residue i.e wheat straw, bagasse and sarkanda along with softwood pulp and other fillers (For writing and printing paper)
• Waste paper (Indigenous and imported as per finished production requirement) and agriculture residue (For kraft paper)

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Kuantum Papers Ltd.

The Paper Makers

Year of Establishment:	1980
Locations:
Corporate Office:	Chandigarh (UT)
Mill:	Saila Khurd, Punjab
Number of Employees:	1,351 (as on 31st March 2021)

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 1,23,750 TPA 2019-20: 1,23,750 TPA
Actual Production:	2020-21: 82,522 TPA 2019-20: 1,26,633 TPA
Financial Information:
Turnover:	2020-21: INR 413.92 crore 2019-20: INR 753.51 crore
EBITDA:	2020-21: INR 39.32 crore 2019-20: INR 127.32 crore
Net Worth:	2020-21: INR 817.25 crore 2019-20: INR 831.72 crore
Growth Rate:	Turnover: (-) 45% EBITDA: (-) 69%

CSR Activities:

The Company through its CSR initiatives continues to enhance value creation in the society and in the community in which it operates, through its services, conduct and initiatives, so as to promote sustained growth for the society and community. Its emphasis has been on environment conservation, reforestation, pollution control, optimum utilization of treated water with recycling with in campus and also by farmers for irrigation purpose.

Prevention of COVID-19: To restrict the spread of highly contagious corona virus, Kuantum undertook large scale drives to distribute hand-sanitizers and masks along with spreading awareness amongst the people on prevention of the disease. The company organised vaccination camps for the people living in and around the mill to ensure that people completed both their doses and were protected against this deadly virus.

Environment: Kuantum is committed towards environmental protection and continuously takes initiatives towards the same in a sustainable manner. The company has worked on reducing energy consumption by installing solar powered lights. The company has undertaken various tree plantation drives in schools and on nearby Panchay at lands. Very recently, the company has upgraded its Effluent treatment plant to a state-of-the-art facility, through which it provides treated water for the irrigation of approximately 2000 acres of agricultural land in the neighboring villages.

Education & Life Skills: Kuantum is a firm believer in enabling an individual to have a better standard of living by making him educated, skilled and independent. Under this vision, it has granted financial assistance to government schools in the surrounding villages for meeting their equipment and furniture needs. Also, sewing machines were distributed to widows and differently abled women to make them economically independent. The service of company’s Fire Tender facility has been extended to neighbouring villages in case of any emergency.

Health & Sanitation Facilities: The company has installed RO systems with water coolers for supplying drinking water in the vicinity of the mill. Blood donation and Health check-up camps were also conducting for the people living in the vicinity.

In line with the Government’s initiative of “Swachh Bharat”, the Company deployed funds to install sewerage treatment plants and pre-fabricated toilet facilities in the neighboring villages of SailaKhurd, Bharatpur Jattan & Raniala to ensure higher levels of cleanliness and hygiene for the people.

Sports and Infrastructure Development: Kuantum has developed various playgrounds and provided gym equipment for the healthy well-being of its community. Paving of roads and pathways has also been undertaken.

Area Covered Under Plantations:

116.1 acres (45% of the total mill premises)

The company produced about six lakh clones in FY 20-21 which were distributed to farmers in the surrounding areas at very nominal prices to promote social forestry. It aims to increase its footprint to almost 20 lakh clones in the coming years to ensure a sustainable source of wood material.

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	45 m3/Tonne
Energy:	1,267 kWh/Tonne

New Developments:

Kuantum has completed its upgradation and Backward Integration Project in March 2021. The project has enabled the company to increase its paper production capacity from 375 TPD to 450 TPD, taking the annual installed production capacity to 164,250 TPA.

• With this project, the agro pulping capacity has increased to 200 TPD and a new state-of-the-art wood pulp street of 180 TPD has been installed, taking the overall Pulp making capacity to 380 TPD. The company has discontinued the use of expensive imported hardwood post commissioning of this project
• A new Chemical Recovery Island of 500 TPD capacity has been installed to handle the black liquor generated from the increased pulping capacity
• To cater to the increased demand for energy, a new power boiler along with two new backpressure turbines have been commissioned, taking the overall power generation to 38 MW
• This project will ensure that Kuantum produces a superior grade of writing and printing paper at very competitive costs

The company installed 5 micro plate separators (MPS) to reduce fresh water consumption in the mill.

Upgradation of effluent treatment plant:

• Segregation of high COD and low COD treatment streams for effective treatment of effluent
• Installation of primary sludge dewatering machine “Belt Filter Press” to improve ETP efficiency

PEDA awarded Kuantum with the second prize in energy conservation for the year 2019-20 in the Pulp and Paper segment

Product Launches:

Kosmo Cupstock, Thermal Paper Base and Pharma Print

Export Markets:

15-20% of the quantity is allocated for exports. The major markets include the Middle East, Africa & Europe.

Future Plans:

• Creating a larger portfolio of value-added specialty products from the additional pulp and paper making capacity
• Focusing on cost optimization, efficiency and quality enhancement
• Strengthening of plant operations post the project completion
• Foray into the tissue paper segment in the near future

Raw Material Base:

2020-21:

Wood: 27% Agro: 56% Imported pulp: 17%

Shree Rama Newsprint Ltd.

Living Green

Year of Establishment:	1993
Locations:
Corporate Office:	Ahmedabad, Gujarat
Registered Office:	Surat, Gujarat
Marketing Office:	Mumbai, Maharashtra
Mill:	Surat, Gujarat
Number of Employees:	379

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 1,50,000 TPA 2019-20: 1,50,000 TPA
Actual Production:	2020-21: 69,731 TPA 2019-20: 76,008 TPA
Financial Information:
Turnover:	2020-21: INR 264.86 crore 2019-20: INR 336.53 crore
EBITDA:	2020-21: INR (-)13.42 crore 2019-20: INR 12.45 crore
Net Worth:	2020-21: INR 328.29 crore 2019-20: INR 405.19 crore

Export Markets:

Export was 471 MT worth INR 1.86 crore (FOB) for FY2020-21 as against 2440 MT worth INR 9.72 crore (FOB) in FY2019-20, whereas direct and indirect export was 38065 MT worth INR 132.05 crore for FY2020-21 and 3274 MT worth INR 13.33 crore IN FY2019-20.

Raw Material Base:

Procures waste paper and recycled paper to the tune of 210000 MT per annum (Sorted White Ledger, Sorted Office Paper and Old Newspaper).

(*Information sourced from Annual Report and company website)

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Orient Paper and Industries Ltd.

Evolve. Excite.

Year of Establishment:	1965
Locations:
Registered Office:	Bhubaneswar, Odisha
Head Office:	Kolkata, West Bengal
Mill:	Amlai, Madhya Pradesh
Number of Employees:	1381

Paper & Paper Board Manufacturing Data:

Production Capacity:
Tissue Paper:	2020-21: 55,000 TPA 2019-20: 55,000 TPA
Actual Production:
Tissue Paper:	2020-21: 28,516 TPA
Writing & Printing:	2020-21: 37,492 TPA
Financial Information:
Turnover:	2020-21: INR 443.36 crore 2019-20: INR 606.56 crore
EBITDA:	2020-21: INR (-) 23.77 crore 2019-20: INR 59.33 crore
Net Worth:	2020-21: INR 1468 crore 2019-20: INR 1262.70 crore
Growth Rate:	Turnover: (-) 27%

CSR Activities:

Orient Paper is a responsible organization and has always focused on the welfare of the community around its plant. Some of its CSR initiatives during FY 20-21:

Education and Youth Welfare: OPM Shikshan Kendra set up by the Company provides schooling facility to the children from the local community at a subsidized cost. Orient Paper provided financial help to School for their smooth operation. Orient Paper also Renovated classrooms and installed CCTV Cameras in FY 20-21.

Water & Sanitation: The Company regularly supplies drinking water to villages like Bargawan, Indra Nagar, Intta Bhatta, Bakaho, Jhagarha, Rawal Market, Bakahi, Batura etc. through stainless steel tankers, ensuring high hygiene and has also built toilet facilities in schools and villages and built drinking water facilities in the surrounding communities.

Health Care: Orient Paper’s hospital, fully manned by a qualified doctor and para medics, provides primary health care to the local community. During FY 20-21, the hospital treated 21321 patients in its OPD and 23 indoor patients from surrounding villages and panchayats. Besides, the Company organizes free health check camps where free medicines are also provided.

Checking Soil Erosion and Moisture Conservation along the River Sone: Orient Paper commissioned facilities for water harvesting not only on its own land but provided water harvesting pits, ponds and check dams on nearby farms to help raise the water table. Orient Paper embarked in a unique initiative by undertaking watershed management along the banks of the River Sone planting of 2000 native species like Bargad, Peepal, Neem, Bamboo, Gulmohar, Sheesham and Karanj. This was supplemented by building water recharging moisture-conservation facilities along the bank of the River Sone greening the barren lands.

Pandemic Protection: Orient Paper conducted an awareness drive in proximate locations of Amlai, Burhar, Dhanpuri and Shahdol. Orient Paper also distributed masks, sanitizers & food packets in neighbouring villages. Further, Orient Paper also deployed ambulance services, built and maintained a modern crematorium and provided funeral wood for cremation.

Area Covered Under Plantations:

1470 Hectares during the year 2020-21 (Plantation of 32.67 lakh trees)

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	2020-21: 48 m3/MT 2019-20: 47 m3/MT
Energy:	2020-21: 1955 kWh/MT 2019-20: 1859 kWh/MT

New Developments:

• Installation of New Energy Efficient Evaporator Street & new Recovery Boiler which is under progress stage for INR 185 crore project cost
• The Company is augmenting its plantation activities to meet the total wood requirement from within 200 kms in the next few years

Export Markets:

Exports to countries like the Middle East, Sri Lanka, Africa, Australia, etc. It has successfully exported 44% of its tissue paper output in FY20-21.

Future Plans:

The Company is increasing its pulping capacity to 100000 TPA at an investment of INR 225 crore and expects this investment to yield a ROCE of over 20%. This will also pave the way for further expansion of the tissue paper production capacity. This project should get completed around the 4th quarter of 2021-22.

Raw Material Base: 100% wood and bamboo

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Shreyans Industries Ltd.

Paper is our Passion

Year of Establishment:	1982
Locations:
Registered Office:	Ludhiana, Punjab
Mill:	Ahmedgarh, Punjab
Number of Employees:	1318

Production Capacity:	2020-21: 94,000 TPA 2019-20: 94,000 TPA
Actual Production:	2020-21: 73,758 TPA 2019-20: 88,307 TPA
Financial Information:
Turnover:	2020-21: INR 366.43 crore 2019-20: INR 540.31 crore
EBITDA:	2020-21: INR 25.97 crore 2019-20: INR 47.68 crore
Net Worth:	2020-21: INR 226.19 crore 2019-20: INR 216.08 crore

CSR Activities:

The Company supports a local NGO for running a charitable eye hospital, wherein it provides significant financial help. Shreyans contributed substantial amounts towards construction of a general ward in the hospital building. It also provided financial aid to hospitals in the local vicinity in an attempt to help poor patients. During the pandemic, the Company contributed substantial amounts towards the Govt.’s efforts to combat Covid-19 challenges, like distribution of PPE Kits, organizing free vaccination camps etc. In an effort to promote and enhance the education, the company took initiatives like distributing free-of-cost books and note books, sponsoring education for girl students etc. It also took up construction of halls and rooms in few local schools in nearby areas of mill premises.

Area Covered Under Plantations:

100+ acres (Only for effluent utilization)

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	2020-21: 61 KL/MT 2019-20: 56 KL/MT
Steam:	2020-21: 9.175 MT/MT 2019-20: 8.597 MT/MT
Power:	2020-21: 1276 kWh/MT 2019-20: 1175 kWh/MT

New Developments:

Pulp mill was completely renovated by installation of new bleach washers and also new bio-mass based steam turbine was erected to make the plant fully self sufficient in its energy requirements. Other balancing equipments were also installed to improve the operational efficiency and improve the quality of end product.

Product Launches:

No new products were launched during the year. However, the quality of production was improved and stabilized.

Export Markets:

10% of its production to different countries including the UAE, Sri Lanka, Nepal.

Future Plans:

Shreyans Industries is closely watching the post COVID scenario as far as demand/supply position of writing and printing paper is concerned, which is its line of production just now. The company is not planning any expansion for the time being. However, necessary changes in the product range would be carried out once market stabilizes after post COVID situation normalization.

Raw Material Base:

Agro-residue	Indigenous: Wheat straw, sarkanda and bagasse
	Imported: Softwood pulp

Pudumjee Paper Products Ltd.

Year of Establishment:	Incorporated in 1968 Renamed in 2015
Locations:
Head Office:	Mumbai, Maharashtra
Registered Office:	Thergaon, Maharashtra
Mill:	Thergaon, Maharashtra
Number of Employees:	573

Paper & Paper Board Manufacturing Data:

Production Capacity:	2020-21: 72,000 TPA 2019-20: 72,000 TPA
Actual Production:	2020-21: 43,997 TPA 2019-20: 68,548 TPA
Financial Information:
Turnover:	2020-21: INR 437 crore 2019-20: INR 604 crore
EBITDA:	2020-21: INR 76 crore 2019-20: INR 61 crore
Net Worth:	2020-21: INR 310 crore (as on 31st March 2021)

CSR Activities:

Being a socially responsible business entity, the Company believes in giving back to the society which in many ways has contributed to the Company’s image building and helped its business to grow. The Company has constituted the Corporate Social Responsibility Committee comprising of Independent and Non-Independent Directors.

The Company believes in the CSR activities through collaboration. Every year, it spends at least 2% of the average net profits accrued during the three immediately preceding Financial Years to the eligible entity / eligible trust working in the area of social services. As per the CSR Policy, the Company has focus on the following areas for CSR activities:

• Education in rural area
• Environment both in urban area and rural area
• Vocational development in rural area
• Setting up and/or maintaining old age homes/orphanage and supplementing nutrition and other essentials for underprivileged people
• Development of rural infrastructure and
• Poverty alleviation

The Company donated plenty of PPE suits, masks, sanitizers particularly in the beginning of the pandemic when these items were not available to frontline corona warriors and also later during first and second wave of the pandemic. The company also provided high resolution digital camera used in nasal endoscope to diagnose and treat mucormycosis patients which proved very useful to the doctors in nearby area.

Area Covered Under Plantations: 30% of total area of the mill is covered under plantation

Water & Energy Consumption Per Tonne of Paper Produced:

Water:	2020-21: 26 KL/MT 2019-20: 20.4 KL/MT
Energy:	2020-21: 1318 kWh/MT 2019-20: 1358 kWh /MT

New Developments:

• Installation of coater for food grade packaging and flexible grade packaging market
• Developing products as replacement for single use plastic as sustainable packaging solution.
• Paper machines are upgraded from time to time to meet international standard quality décor paper to meet current market demand
• High tension voltage MOCB breaker retrofit with equal rating of vacuum breakers at HT substation
• Installation of CCTV camera system across the plant and Installation of Fire detection systems at finished Paper godowns for processes and equipment vigilance and safety
• Increased usage of wind and solar power
• Effluent treatment plant is upgraded with Artificial Intelligence (AI) controlled system to meet stringent disposal norms of pollution control board
• Online continuous emission monitoring system (OCEMS) is installed to monitor final effluent discharge and emissions from chimney. The readings are uploaded to MPCB and CPCB servers.
• Significant investment in research facility to achieve barrier properties in flexible packaging laminates for food, pharma and other sector with paper based sustainable solution

Product Launches:

• Medipac: For disposal blister pack syringes
• Solidbag: For high strength paper bags used in food grade market
• Solidwrap: For packaging of fatty & oily food stuffs, wrapping of vegetarian & non-vegetarian rolls, burgers, parathas etc.
• Wrap(HL): Poly free stiffener in soap
• Super Calender Kraft Paper 70-85 GSM: For sustainable based paper tapes majorly used by multinational online shopping brands like Amazon, Flipkart and Myntra
• Bowl Paper: For manufacturing (filling) of Super Calender fiber bowl rolls

Export Markets:

The paper division manufactures specialty papers and markets them throughout the country and exports small quantity to Europe, the Middle East and Asia.

Future Plans:

Pudumjee Paper has invested in a large industrial site admeasuring about 75 acres at MIDC, Mahad in Maharashtra which would offer future growth opportunities. The Company is examining options in regard to manufacturing of new products besides proposed relocation of existing machines from Pune to Mahad, evaluating market growth potential. Due to pandemic and considering market situation, it has taken little longer as the investment is substantial.

Raw Material Base:

• Imported unbleached and bleached softwood and hardwood pulp
• Imported superior quality white waste paper
• Bagasse pulp sourced domestically

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Star Paper Mills Ltd.

Aiming High

Year of Establishment:	1938
Locations:
Registered Office:	Kolkata, West Bengal
Mill:	Saharanpur, Uttar Pradesh
Number of Employees:	500 approximately

Paper & Paper Board Manufacturing Data:

Production Capacity:
Writing & Printing:	2020-21: 75,000 TPA 2019-20: 75,000 TPA
Actual Production:
Writing & Printing:	2020-21: 43,099 TPA 2019-20: 63,163 TPA
Financial Information:
Turnover:	2020-21: INR 242.86 crore 2019-20: INR 347.86 crore
EBITDA:	2020-21: INR 30.70 crore 2019-20: INR 54.96 crore
Net Worth:	2020-21: INR 501.89 crore 2019-20: INR 488.30 crore

CSR Activities:

• Organised health check-up camps (Eye & heart) for employees, their families and villagers
• Vocational training camps of stitching to female villagers and distribution of sewing machines
• Installation of hand pumps in nearby villages
• Installation of solar lights in nearby villages
• Organised beauty parlour camps in nearby villages
• Setting up bus shelters and traffic booths in the city
• Made donation on regular basis for the development of society.

Area Covered Under Plantations: 23440 Hectares

Product Launches:

• Star Esquire, Star Esquire Plus, Star Hercules
• Star Parchment Buff, Blue Wove, MG Poster (Thermal)
• Star Atlas/White

Export Markets: The UAE, Greece, Sri Lanka, Sweden and Turkey

Future Plans:

• Development of new grades of paper
• Optimisation of water and energy consumption

Raw Material Base:

Wood, peels & chips:

2020-21: 100% 2019-20: 100%