What we do Shrenik Limited trades and processes various paper products including copier, maplitho, coated paper, and boards under its own brand 'Shrenik'. |
Founded in 2,012 |
Market share Wholesaler distributor of Tamil Nadu Newsprint and Papers Limited and Asia Pulp and Paper in Gujarat and Rajasthan. |
Problem solved Provides diverse paper products to meet industrial and commercial printing and packaging needs, ensuring timely supply and quality. |
Top clients or who we serve B2B customers including printing industries, packaging manufacturers, and wholesale distributors in Gujarat and Rajasthan. |
Key management Shrenik Vimawala (Chairman and Managing Director) with experience leading the company since inception. |
Our journey and innovations Started as a proprietary firm, transformed into a public limited company by 2017, and launched an IPO raising Rs. 21.6 Crore. |
Where we operate Primarily in Gujarat and Rajasthan regions in India. |
Top products or what we offer Copier Paper, Maplitho Paper, Coated Paper, Folding Boxboard, Duplex Board under 'Shrenik' brand. |
Top brands 'Shrenik' paper products - key revenue driver and recognized local brand in paper trading and processing. |
Raw materials needed Paper pulp, pulp boards sourced from Indian paper manufacturers and traders. |
Raw materials supplier Tamil Nadu Newsprint and Papers Limited, Asia Pulp and Paper, and local suppliers. |
Recurring vs cyclical contribution Revenue shows cyclical variations based on paper demand and price fluctuations. |
Our industry position Strong regional player providing diversified paper products with stable supplier partnerships. |
Financial highlights FY2023 revenue was Rs. 134.2 Crore with a net profit of Rs. 22.9 Lakh, a turnaround from previous loss years. |
Geographical revenue split Revenue mainly from Gujarat and Rajasthan markets. |
Order book - |
Whats driving growth Steady demand in packaging and printing sectors with efforts to expand market reach. |
Our future plans Focus on expanding product portfolio and enhancing distribution network in core regions. |
Our green promise - |
Our people and values Committed to timely service with a dedicated management and staff team focused on compliance and governance. |
Key challenges ahead Competition in paper trading and price volatility; seeks operational efficiencies to sustain profits. |
Interesting facts Converted from proprietary to public company within five years, successfully listing via IPO in 2017. |
Risks and strategy Market demand fluctuations managed through diversified product offerings and supplier relationships. |
