| Paper & Board | Manufacture and sale of newsprint, printing/writing paper, multi-layer coated board, packaging board, tissue paper. | First mover in bagasse-based paper, integrated pulp production, renewable power generation, strategic plantations. | Printers, publishers, packaging companies, FMCG, e-commerce; largely B2B corporate clients. | Premium coated boards and tissue paper products have higher margins. | 4479 | 99 | Sales of paper products domestically and internationally; B2B contracts and export shipments. | Product pricing based on volume contracts, market rates, and export pricing; mainly direct sales. | Packaging demand growth, sustainability focus, product innovation, capacity expansions. | TNPL OS 2000, Canefields, Hitech Maplitho plus, TNPL Offset Printing, TNPL Elegant Printing, GreenPal |
| Energy | Power generation using captive sources including turbo generators and wind farms; sale of surplus power. | Captive low-cost power generation reduces manufacturing costs and environmental impact. | Internal manufacturing units and surplus power sold to grid. | Wind power generation has better margins due to low operational cost. | 11 | 1 | Sale of surplus power generated; primarily self-consumed to power manufacturing processes. | Electricity sale tariffs as per regulatory norms. | Renewable energy installations, power efficiency improvements, carbon footprint reduction initiatives. | |