What we do Andhra Paper Ltd is a leading Indian integrated paper and pulp manufacturer with facilities in Andhra Pradesh, producing a wide range of writing, printing, and specialty papers. |
Founded in 1,964 |
Market share Among top ten integrated pulp and paper manufacturers in India with a capacity of over 241,000 TPA |
Problem solved Addressing demand for quality virgin pulp-based paper and sustainable fiber sourcing while balancing increasing raw material costs and import competition |
Top clients or who we serve B2B customers in printing, publishing, packaging, and converting industries; also serves export markets |
Key management Saurabh Bangur (Managing Director) |
Our journey and innovations Established in 1964, underwent ownership changes, modernized with eco-friendly and efficiency upgrades, expanded capacity, introduced advanced paper grades and sustainable forestry programs |
Where we operate Operations primarily in India with export presence; manufacturing units in Andhra Pradesh |
Top products or what we offer Writing & printing papers, value-added coated papers, specialty products like Truprint Ultra, Pharma Print, premium maplitho grades |
Top brands Truprint Ultra (#1 growing premium brand), Truprint Ivory, Pharma Print, Andhra Starwhite, Andhra Royal Silk |
Raw materials needed Wood pulp derived from eucalyptus and casuarina plantations, recycled fiber, chemicals for pulping and bleaching |
Raw materials supplier Own farm forestry programs, local nurseries; imports supplement wood chips due to domestic cost pressures |
Recurring vs cyclical contribution Revenue moderately cyclical with fluctuations due to raw material prices and market demand; steady domestic and export sales |
Our industry position Strong position with integrated capacity, ongoing modernization to maintain competitiveness against imports |
Financial highlights FY 2025 Revenue ₹1541 Cr, Net Profit ₹88.9 Cr, faced 14% revenue decline due to raw material cost rise and market pressures |
Geographical revenue split India contributes majority (~98%), exports about 2% of revenue |
Order book - |
Whats driving growth Product mix optimization, capacity upgrades, value-added product sales, sustainable forestry practices, and operational efficiency |
Our future plans Completion of mill modernization, expansion of tissue paper capacity, phased greenfield project for paperboard, enhanced sustainability initiatives |
Our green promise Sustainable farm forestry, energy conservation programs, ash leaching, pollution control, ISO certifications, PAT program participation |
Our people and values Focus on employee development, safety, diversity, and work-life balance supported by continuous training and engagement |
Key challenges ahead Competition from cheaper imports, raw material cost volatility, labor relations, regulatory compliance, market demand softness |
Interesting facts First Indian copier with Color Freeze technology; pioneer in pollution abatement systems in Indian paper industry |
Risks and strategy Mitigating import competition via product quality enhancement, cost management, capital investment in efficiency upgrades |