What we do Three M Paper Boards Ltd manufactures eco-friendly duplex boards from 100% recycled waste paper for packaging in food, pharma, cosmetics, and consumer goods sectors. |
Founded in 1,989 |
Market share A growing player in India's recycled paperboard market with presence in domestic and selective international markets. |
Problem solved Provides sustainable, biodegradable packaging solutions reducing reliance on virgin pulp and minimizing environmental impact. |
Top clients or who we serve FMCG, pharmaceutical, food & beverage, cosmetics, and e-commerce companies in both B2B and export markets. |
Key management - |
Our journey and innovations Established in 1989, expanded manufacturing capacity from 72,000 MT to 108,000 MT; listed on BSE SME in 2024 enhancing growth capital. |
Where we operate India primarily with exports to selective international markets. |
Top products or what we offer Recycled duplex board paper for various packaging applications, focusing on sustainability and high quality. |
Top brands - |
Raw materials needed Recycled waste paper used as the sole raw material. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven largely by cyclical packaging demand but with steady recurring orders from key industries. |
Our industry position Well-positioned with modern manufacturing and growing capacity; balanced capital structure with good liquidity. |
Financial highlights FY 2025 revenue Rs. 265.5 crore; profit after tax Rs. 9.99 crore; EBITDA Rs. 24.9 crore. |
Geographical revenue split ~84% India, ~16% Outside India in FY 2024-25. |
Order book - |
Whats driving growth Rising packaging demand from FMCG, pharma, exports; capacity expansion and energy-efficient processes. |
Our future plans Capacity enhancement to 1,08,000 MT from FY 2025-26 to drive volume growth. |
Our green promise 100% recycled raw materials; biodegradable products; energy conservation initiatives ongoing. |
Our people and values Board of six directors including managing and whole-time directors, focused on governance and sustainability. |
Key challenges ahead Volatile raw material prices, freight costs, and global currency fluctuations impacting margins. |
Interesting facts Received Authorised Economic Operator certification and Direct Port Delivery facility approvals aiding logistics. |
Risks and strategy Mitigates raw material price volatility via procurement optimization and focuses on operational efficiency improvements. |
