Ruchira Papers Ltd

Ruchira Papers Ltd. – Company Report


1. Company Overview


Ruchira Papers Ltd., incorporated in 1980 and headquartered in Kala Amb, Sirmaur (Himachal Pradesh), is a leading Indian paper manufacturer specializing in kraft paper and writing & printing paper. Starting from modest beginnings as a kraft paper producer, the company has grown into a large, integrated operation with an installed capacity of 400 tonnes per day. It serves diverse sectors such as FMCG, pharmaceuticals, publishing, education, and packaging, with both domestic and export reach.

The company stands out for its eco-conscious production, using agro-residues, waste paper, and recycled fibers while adhering to strict environmental and compliance standards. Ruchira’s emphasis on sustainable innovation and customer-centric operations has solidified its presence across Indian and select global markets.

Key Highlights

  • Incorporated: 1980
  • Headquarters: Kala Amb, Himachal Pradesh
  • Certifications: ISO-compliant
  • Core Focus: Kraft Paper, Writing & Printing Paper
  • Installed Capacity: 400 TPD
  • Key Industries Served: FMCG, pharma, publishing, education, packaging, textiles, retail
  • Market Presence: Pan-India and export geographies
  • Sustainability Focus: Waste reuse, renewable energy, effluent treatment, water conservation

2. Products and Services


  • Kraft Paper

    • Wide range of GSMs and burst factors (BF) for corrugated boxes, cartons, cement sacks, retail bags, and food packaging
    • Noted for strength, eco-friendliness, and cost-effectiveness
  • Writing & Printing Paper

    • Grades suitable for notebooks, exercise books, office stationery, copier sheets, and government textbook tenders
    • Emphasis on brightness, durability, and print quality
  • Packaging Paper & Board

    • Includes semi-chemical and fully recycled variants for tertiary and flexible packaging needs
    • Serves FMCG, pharma, logistics, and retail segments
  • Value-Added Services

    • Bulk technical support, export-grade compliance, and sustainable production
    • Dedicated to environmental best practices and regulatory compliance

3. Recent News and Business Developments (2025)


  • July 23, 2024: Among the expansion proposals is the proposals of M/s Ruchira Papers Limited, Vill. Jattawalla and Johron, Tirlokpur Road, Nahan, Distt. Sirmour H.P. for manufacturing of Kraft Paper, Cup Stock Paper presented to Himachal Pradesh Government.
  • April 28, 2025: The Punjab Pollution Control Board (PPCB) has submitted a report to the Union ministry of environment, forest and climate change, highlighting strong public opposition to the proposed Ruchira Paper Mill near the banks of Buddha Nullah in Chamkaur Sahib also the company proposes to invest ₹1,137 crore in Punjab.
  • June 23, 2025: Ruchira Papers, a manufacturer of kraft paper and writing and printing paper, is set to make an investment of approximately ₹100-crore to expand its business operations.
  • Posted ₹18.40 crore PAT in Q4 FY2025, marking the highest in five quarters, with a 25.7% YoY increase
  • Achieved ₹6.16 EPS in Q4—highest in recent quarters
  • ₹5 per share final dividend recommended for FY2025, pending shareholder approval
  • Continued reinvestment into core operations and value-led business development

4. Financial Performance (FY2025)


Metric FY2025
Revenue ₹659 crore
Net Profit (PAT) ₹67 crore
Operating Margin 16%
Net Profit Margin 10%
EPS ₹22.56
Dividend ₹5 per share (proposed)
Dividend Payout % 22%
Debt/Equity Conservative; low leverage

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.630.89
EV / EBITDA4.56.82
Debt / Equity0.180.69
ROE %15.2915.97
ROCE %18.7115.43
P / B0.91.14
Div Yld %3.562.42
P/E6.29.79
OPM %16.2513.35
Qtr Sales Growth YOY %1.043.02
Qtr Profit Growth YOY %90.8735.17
ROA LAST 12M %11.688.08
Prom. Hold. %68.6757.96
Sales 3Yrs CAGR %2.462.31
Sales 5Yrs CAGR %6.5111.21
Profit 3Yrs CAGR %26.9245.3
Profit 5Yrs CAGR %19.836.45

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