Kuantum Papers Ltd, incorporated in 1980, is engaged in the business of production and marketing of wood-free writing and printing paper. The company is one of the largest fully integrated agro-based paper manufacturers in India committed to manufacturing wood-free, high-quality maplitho, cream wove, copier and specialty paper. The company was formerly incorporated as ABC Paper Limited in May 1997 and was later renamed as Kuantum Papers Limited in March 2012. The company is a distinguished manufacturer of agro and wood-based Writing & Printing, Copier and Specialty papers, with a remarkable presence of over four decades in the industry.
Kuantum Papers is engaged in the business of production and marketing of wood free writing and printing paper, providing a sustainable replacement for wood-based paper while conserving precious resources and protecting the environment. The company was established in 1979-80 in an economically backward village namely Saila Khurd, District Hoshiarpur, Punjab, with the aim to utilize wild vegetations like Sarkanda, Kahi and agro-residues such as wheat straw, rice straw which were at that time being burnt in the fields resulting in environmental pollution to make writing & printing paper.
Kuantum Papers offers a diverse range of writing, printing, and specialty paper products, including Writing & Printing Papers such as Maplitho, Creamwove, Copier Papers (including Kosheen, Kresto, Kodeka, Kuantum Gold) and Specialty Papers including Thermal paper, Bond paper, Parchment paper, Azurelaid paper, and innovative products like base paper for cups and straws (Kupstock and Sipps).
The product profile of the company includes maplitho, colored paper, ledger, cartridge, parchment, duplicating paper, and wood free specialty papers. Its products are used in the printing of books, trade directories, newsprint, diaries, calendars, and computer stationery. The products are also used in the manufacturing of notebooks and other stationery items meant for exports as well as domestic sales. The company's categories of products include creamwove, maplitho, copier, color copier, and specialty. The company offers its products in various brands, such as Kuantum Gold, Kuantum Kappa, Kosheen, Kosheen Aqua, Kappa Premium, Kresto, Keon, K-One, Kaleela, Krayo, Krayo Board and Kosmo, among others.
As of June 13, 2025, the market cap of Kuantum Papers Ltd stood at ₹999.52 Cr. The company has a market capitalisation of ₹1,012 crore. The company reported revenue of ₹276.27 crore and net profit of ₹26.12 crore for Q4 FY25 (March 2025).
Recent quarterly performance shows mixed results: Kuantum Papers reported a 7.19% decline in net sales to ₹277.35 crore for March 2025, with net profit down 22.93% to ₹26.12 crore. EPS decreased to ₹2.99. Net profit declined 50.25% to ₹20.97 crore in the quarter ended December 2024 compared to ₹42.15 crore during December 2023, while sales declined 10.62% to ₹268.65 crore from ₹300.57 crore.
The company's 52-week high share price is ₹180.00 and 52-week low share price is ₹97.35. Over the last 3 years, Kuantum Papers Ltd share price moved up by 61.90% on BSE. The stock has seen negative returns of -10.32% over the last 6 months and -29.90% over the last year.
The company operates in the basic materials sector, specifically in the paper and paper products industry. Kuantum Papers Ltd's top 5 peers in the Industrials sector are Andhra Paper, T N Newsprint, Pudumjee Paper, Pakka, Satia Industries, and Orient Paper.
- Q4 FY25 Performance: Net Sales of ₹277.35 crore, Net Profit of ₹26.12 crore
- Q3 FY25 Performance: Net Sales of ₹268.65 crore, Net Profit of ₹20.97 crore
- TTM Revenue: ₹1,107.04 Cr.
- Annual Revenue Growth: -9%
- Pre-tax Margin: 14%
- ROE: 9%
- Debt to Equity Ratio: 33%
- Current PE Ratio: 7.63
- Current PB Ratio: 0.80
- Promoter Holding: 70.31% (as of March 2025)
The company is entirely self-sufficient in meeting its power requirements, with a sustainable power generation capacity of 38 MW, primarily using biomass. The company installed a new Chemical Recovery Plant with a capacity of 500 TPD for the treatment of Black Liquor produced in the pulping process, thereby increasing total capacity from 200 TPD to 700 TPD. In 2022, the production capacity increased to 450 TPD and achieved the milestone production of 1,50,000 TPA.
In 2022-23, the company installed two new turbines of 20 MW and 8 MW from Siemens in their Co-Gen Power Plant, taking the total capacity to 38 MW. With an added boiler of 130 TPH from ISGEC, the total capacity increased to 190 TPH.
Pavan Khaitan serves as the chairman of Kuantum Papers Ltd, while Gurinder Singh Makkar is the company secretary.
During the Q2/H1 FY25 earnings call, management highlighted ongoing challenges in the paper industry, particularly due to increased imports affecting domestic demand and pricing pressures. Despite a 6.5% decline in operational income, the company maintained healthy EBITDA margins and anticipates a recovery in demand by Q4, driven by the publishing season. Strategic plans to expand capacity by 50% and focus on specialty papers position the company favorably in a competitive landscape.
The company has undertaken new product development initiatives, including Food Grade Wrapping paper as a replacement for Single Use Plastic packaging. The company has also focused on sustainable operations by reducing freshwater consumption by 2500 m3/day through the use of new technologies like White Water Clarifier, Micro Plate Settler (MPS) & Mega Cell Technology.
Kuantum Papers Ltd continues to maintain its position as a leading agro-based paper manufacturer in India, with a strong focus on environmental sustainability and product innovation while navigating the challenges of a competitive market landscape.
