NSE Symbol: | BSE Code: | ISIN: | Sector:

  • Add to Portfolio
  • Add to Watchlist
  • Add to Alert
  • Add to Message
Add to Portfolio
Change Change %
1.50 1.83%

Updated:16 Oct, 2019, 15:54 PM IST

Change Change %
1.70 2.07%

Updated:16 Oct, 2019, 16:01 PM IST

Ruchira Papers incorporated in 1980 is engaged in manufacturing of Kraft Paper, which has applications in the packaging industry. The company is located in Himachal Pradesh.

Company started its operation with a production capacity of 2310 TPA. Today it has augmented to 52800 TPA. The Kraft Paper is chiefly used in packaging industry for manufacturing of various types of packing boxes/cartons.

Besides Kraft Paper, the company also manufactures special grade of Kraft paper called ?óÔé¼?ôDTY Grade?óÔé¼?Ø and ?óÔé¼?ôPOY Grade?óÔé¼?Ø.  These grades of paper are used to produce textile tubes and paper core–pipes, which are consumed by yarn manufacturing industries. This special grade paper is supplied to Reliance Industries to Converters for making textile tubes.Currently the company is selling about 1100 ?óÔé¼ÔÇ£ 1200 M.T. per month.

The company manufactures paper of various qualities such as High Strength Flute 20+ B.F, Test Liner +20 BF, Kraft Liner +25 B.F, Base Paper (DTY) and Base Paper (POY).

Company sources power from H.P. State Electricity Board (HPSEB). In order to cater its fuel requirement, the company uses agricultural residues (bio mass) such as rice husk, bagasse, forest wood, forest waste plants, cotton stock, mustard stock etc as a fuel.

Company?óÔé¼Ôäós water requirement is met through digging bore and adopting most advanced system for re–circulation of the back water. Currently the company owns four tube wells.

Ruchira Papers has received appreciation letter from CII (Confederation of Indian Industry) for its initiative for conserving power. Company has established effluent control facilities as per the norms of The Pollution Control Board.

Future Prospects

In order to manufacture writing and printing paper, Ruchira Papers plans to set up 33000 TPA unit that would adjoined to its existing plants. The company will require the investment of about Rs.138 Crores. Under this project, company also plans to set up 6 MW Power Co–Generation Plant.