Top Paper Manufacturing Companies in India: The annual paper consumption in India is close to 15 million tonnes. It is set to cross 23 million tonnes by 2025. The demand is growing due to increased demand for packaged products.
Close to 2 million Indians find direct and indirect employment in the paper industry. In keeping with the changes in customer requirements, the manufacturers are investing heavily to upgrade the production facilities.
Paper Industry in India
The paper and paper products market in India stands at more than $8 billion in 2019. It is set to touch $13 billion in 2024 at a CAGR of 7%-plus. The 10-year projected CAGR for the industry is between 7 and 8%. As per the research the per capita paper consumption per annum in the country is about 15 kg, where the the global consumption is about 57 kg. It is as high as 200 kg in North America.
Paper mills use a variety of raw materials in paper production. Much of it depends on their location in northern and western India, paper mills mostly use agricultural residue and waste paper as raw materials; while in the southern and eastern parts, primarily wood and bamboo are used. To decrease deforestation, paper companies are increasingly looking at alternative sources of raw materials. One major such source is recycling existing paper.
There are a large number of paper manufacturing companies in India. Some of them are huge entities with substantial export figures, while the others are smaller and on a regional level.
Here is the list of top 15 Paper companies in India that is listed in stock market as well:
Tamil Nadu Newsprint and Papers Ltd.
TNPL is among the biggest paper manufacturing company in India that is listed in stock market. Commissioned in 1985, TNPL is a Tamil Nadu Government-promoted enterprise. It had an initial installed capacity of 90,000 Tonnes Per Annum (TPA) of newsprint and fine paper, per machine. This has now been increased to 400,000 TPA. This makes it among the largest of its kind in the world. The company manufactures paper products, paper board products, and also cement.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 899 | 237 | 10.00 | 265 | -42 | 94 | 130 | -20 | -10 |
JK Paper Ltd.
JK Paper has been the pioneer of manufacturing branded paper in India ever since it started operations in 1962. The JK paper is also listed in the NSE and BSE sotck market. Today, it exports its paper products in more than 50 countries. JK Paper is a leading player in office papers, coated papers, and packaging boards. The total installed capacity of the company is more than 590,000 TPA. It has a huge network of more than 200 trade partners, 18 depots, and more than 4,000 dealers pan-India. JK Paper also manufactures specialty papers like MICR cheque leaves, parchment, etc.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 2,472 | 137 | 10.00 | 172 | 261 | 427 | 475 | 4 | 35 |
West Coast Paper Mills Ltd.
For more than 6 decades, West Coast Paper Mills has enjoyed a high degree of reputation both among domestic and international customers as a premium supplier of various paper products. Constant upgrades of technology, enhanced service delivery, and continuous engagement to customer requirements are some of the reasons that have endeared the company to its customers. Its 6 machines have a combined capacity of more than 300,000 TPA. Some of its products are premium printing papers, business stationery, printing and writing papers, security and high-value grades papers, etc.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs) | Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 1,447 | 199 | 2.00 | N/A | 223 | 296 | 370 | -39.62 | -35.52 |
Also check: India’s Top 100 Companies
Emami Paper Mills Ltd.
Part of the globally-reputed Emami Group of Industries, Emami Paper Mills is India’s largest newsprint manufacturing company with an installed capacity of 150,000 TPA. It also has a 200,000 TPA capacity-enabled consumer packaging board manufacturing division. The company extensively uses recycled paper and ensures the best quality products by constantly upgrading its manufacturing facilities.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 591 | 38.9 | 2.00 | 19 | 16 | 44 | -10 | -7.28 | 8.13 |
International Paper APPM Ltd (IPAPPM)
Established in 1964, IPAPPM is one of India’s largest paper and pulp manufacturers. With an installed capacity of almost 240,000 TPA, the company manufactures a wide range of writing and printing papers (both SS Maplitho and non-SS Maplitho), specialty paper, copier papers, HP paper, Hammermill, etc. The company’s customers are spread across India and abroad.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Seshasayee Paper and Boards Ltd.
Incorporated in 1960, SPBL is part of the renowned SPB-ESVIN Group. The combined paper and pulp manufacturing capacity is more than 250,000 TPA. SPBL manufactures copier papers of various categories, multipurpose office papers, colored copier papers, examination writing papers, and more. The company has undertaken extensive expansion plans to enhance production capacity.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 947 | 167 | 2.00 | 132 | 123 | 192 | 183 | 19.30 | 18.81 |
NR Agarwal Industries Ltd.
N R Agarwal Industries started operations in 1993. It was among the first companies to promote 100% de-inked wood-free recycled furnish for manufacturing purposes. Manned by competent and senior professionals, the company has grown from strength to strength and enjoys a strong position in almost 20 countries, besides India. Its state-of-the-art manufacturing capacities can manufacture more than 350,000 TPA. The company’s products include duplex boards, writing and printing papers, copier papers, and newsprint.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 397 | 265 | 10.00 | 50 | 90 | 95 | 117 | 16 | 17 |
Kuantum Papers Ltd.
Kuantum Papers is engaged in manufacturing wood-free paper, right from its inception in 1979. It uses agro residue like wheat straw and bagasse along with other types of wild agro vegetation, thus preventing their burning that causes pollution. Today, the company’s paper production totals 350 TPD, generating annual sales revenues of almost INR 7000 million. Its product portfolio includes colored paper, map litho, parchment, duplicating paper, cartridge, ledger, and wood-free specialty papers.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 458 | 92.5 | 1.00 | 59 | 73 | 78 | 72 | -16.26 | -5.68 |
Satia Industries Ltd.
Satia Industries Limited is one of India’s largest wood and agro-based paper plants. It uses veneer waste, wheat straw, sarkanda, wood pulp, etc. to manufacture paper. It has been operational since 1984 and has consistently upgraded its manufacturing facilities to stay tuned to the requirements of customers. Through its extensive manufacturing facilities, Satia Industries produces surface and non-surface-sized paper, map litho paper, duplicating paper, bond paper, cartridge paper, chromo paper, and more.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 801 | 42.0 | 1.00 | 46 | 69 | 88 | 92 | 11.65 | 13.34 |
Pudumjee Paper Products Ltd.
Incorporated in 2015, Pudumjee Paper has covered a lot of ground in these few years to emerge as a chosen brand for a large number of customers. Driven by an urge to be consistently innovative, the company ensures that the customers’ needs are proactively taken care of. The company’s manufacturing capacity is 60,000 MT per annum. Its products have reached the shores of Europe and UAE, besides India. Its key products include crepe tissues and towels, décor grade, food grade, pharma grade, writing/printing grade, and specialty grade papers, among others.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 245 | 30.4 | 1.00 | 21 | 19 | 17 | 27 | -0.80 | 10.31 |
Shreyans Industries Ltd.
Shreyans Industries was known as Shreyans paper when it was established in 1979. The reputed Oswal family from Ludhiana started this organization. It has an installed capacity of 37000 MT per annum. It sources agro-based raw materials to manufacture high-quality paper. Shreyans’s paper products are in the range of 44 GSM to 200 GSM and include high brightness paper, duplicating paper, colored paper, stamp paper, postal envelope paper, supercalendered paper, rail ticket paper, and more. Its main customers are publishers, textbook boards, railways, security press, etc.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 108 | 160 | 10.0 | 25 | 31 | 47 | 32 | 6.77 | -1.85 |
Shree Rama Newsprint Ltd.
SRNL started its journey in 1993. Today, it is one of the largest manufacturers of newsprint and recycled paper-based writing and printing papers. Equipped with the latest technology, the company has an installed capacity of 150,000 MT that is spread over more than 200 acres in Surat, Gujarat. The company’s key products include writing & printing paper, newsprint, photocopier paper, and kraft paper.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 209 | 24.1 | 10.00 | -9 | -30 | 38 | -45 | -21 | -29 |
Ruchira Papers Ltd.
What began in 1980 as a small kraft paper manufacturing unit with a capacity of 7 tons per day has become a 400 TPD-producing organization today. Committed to protecting the environment, Ruchira Papers sources sugarcane waste (bagasse), wheat straw, and wild grass for use as raw materials. State-of-the-art technology ensures that the water consumption by the plant is low and the end product is of superior quality. Its main products include kraft paper and writing & printing paper.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 156 | 107 | 10.00 | 32 | 38 | 40 | 27 | -4.53 | -0.75 |
Ballarpur Industries Ltd.
BILT is India’s top writing & printing paper manufacturer. It plays a leading role in the high-end coated paper segment in the country. BILT has more than 50% share in the coated wood-free paper market, almost 80% in the bond paper market, and more than 30% in the hi-bright map litho segment. It is also among the leading exporters of coated and uncoated papers from India. Its primary products are paper-based office stationery, notebooks for students, and tissues.
| Market Cap (Rs cr.)
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Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
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||||
| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 175 | 0.51 | 2.00 | -680 | -311 | -636 | -1,287 | N/A | N/A |
Genus Paper & Boards Ltd.
Part of the reputed Kailash Group of Companies, the Moradabad-based Genus Paper and Boards Limited is a well-known name in the paper manufacturing sector in India. Focused on delivering the best products to its wide range of customers, the company’s main products are multi-layer kraft paper, M.S. ingots, and fiber waste sheets. Genus manufactures its products using waste paper as raw materials, thereby playing a role in environmental protection as well.
| Market Cap (Rs cr.)
|
Book Value (in Rs.)
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Face Value (in Rs)
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Profit and Loss (in Rs. Crore)
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2020 Quarterly Result (in Rs. Crores)
|
||||
| MAR 2017 | MAR 2018 | MAR 2019 | MAR 2020 | June Net Profit | September Net Profit | |||
| 167 | 13.9 | 1.00 | 7 | 15 | 8 | 9 | N/A | N/A |
15 Best Paper Companies in India
| Sl. No. | Company | Establishment | Head office | Website |
| 1 | Tamil Nadu Newsprint and Papers Ltd. | 1999 | Chennai | https://www.tnpl.com/ |
| 2 | JK Paper Ltd. | 1960 | New Delhi | https://www.jkpaper.com/ |
| 3 | West Coast Paper Mills Ltd. | 1955 | Kolkata | https://www.westcoastpaper.com/ |
| 4 | Emami Paper Mills Ltd. | 1981 | Kolkata | http://www.emamipaper.in/ |
| 5 | International Paper APPM Ltd (IPAPPM) | 1964 | Hyderabad | http://ipappm.com/ |
| 6 | Seshasayee Paper and Boards Ltd. | 1960 | Erode | https://www.spbltd.com/ |
| 7 | NR Agarwal Industries Ltd. | 1975 | Mumbai | https://www.nrail.com/ |
| 8 | Kuantum Papers Ltd. | 1997 | Hoshiarpur | https://www.kuantumpapers.com/ |
| 9 | Satia Industries Ltd. | 1984 | Kolkata | https://www.satiagroup.com/ |
| 10 | Pudumjee Paper Products Ltd. | 2015 | Mumbai | http://www.pudumjee.com/ |
| 11 | Shreyans Industries Ltd. | 1979 | Ludhiana | https://www.shreyansgroup.com/ |
| 12 | Shree Rama Newsprint Ltd. | 1991 | Surat | http://www.ramanewsprint.com/ |
| 13 | Ruchira Papers Ltd. | 1980 | Sirmaur, (H.P) | https://www.ruchirapapers.com/ |
| 14 | Ballarpur Industries Ltd. | 1945 | New Delhi | https://bilt.com/ |
| 15 | Genus Paper & Boards Ltd. | 2012 | Moradabad | https://www.genuspaper.com/ |
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