Incorporated in 2015, Pudumjee Paper Products Ltd operates primarily in the Specialty Paper segment, manufacturing products for Wrapping and Food Grade Packaging, Household, and Sanitary Paper. The company is an ISO 14001:2008, ISO 22000, ISO 45001, and FSC®c114394 certified manufacturer, known for specialty paper products like glassine and greaseproof papers for packaging, as well as converted hygiene tissue products and Fast Moving Consumer Goods (FMCG).
Pudumjee Paper Products Limited is an India-based paper mill company that has diversified its operations from manufacturing specialty papers to include converted hygiene tissue products and FMCG goods. The Company's business is segmented into 'Paper' and 'Hygiene Product' divisions.
The company operates through two primary segments:
- Paper Segment: This segment includes a wide range of products such as crepe tissue and towels, decor grades, food grades, pharma grades, super calendar grades, specialties grades, and writing/printing grades.
- Crepe Tissue and Towels: Facial Tissue, Napkin Tissue, Bathroom/Toilet Tissue, Diaper Tissue, Toweling Tissue.
- Décor Grades: Absorbent Kraft Paper, Barrier Paper, Overlay Paper, Print Base Paper, Shuttering Base Paper.
- Food Grade Products: Bake Oven Paper, Grease Proof Slip Easy, Grease Proof Paper, TDL Poster Paper, Vegetable Parchment Paper, Wet Strength Grease Proof, Solid Bag Paper, Solid Wrap Paper.
- Pharma Grade Products: Bible Printing, Medical Paper (Bactite), OLB Pharma.
- Hygiene Product Segment: This segment focuses on the marketing and distribution of hygiene and other related products.
The Company's diverse product offerings cater to a range of applications. Examples include opaque laminating base used for laminating, printing, packaging, and wrapping chocolates and toffees; glassine for packing food products and soaps; base paper for melamine crockery and decorative laminates for furniture; and bible printing paper used in printing bibles, dictionaries, books, and pharma leaflets.
Pudumjee Paper Products specializes in manufacturing specialty paper, including tissue, hygiene, and packaging papers. It serves critical industries such as healthcare, hospitality, and packaging, providing eco-friendly, high-quality paper solutions for both domestic and international markets. Pudumjee Paper Products Ltd (PDMJEPAPER) is a key player in the Materials sector and the Paper Products sub-sector.
Pudumjee Paper Products Ltd (PDMJEPAPER) reported a market capitalization of ₹1055.97 Crore as of 16th June 2025.
- Operating Revenue (TTM): ₹824.31 Crore
- Annual Revenue Growth: 4% (modest)
- Pre-tax Margin: 17% (strong)
- Return on Equity (ROE): 19% (exceptional)
- Debt to Equity: 1% (healthy balance sheet, almost debt-free)
- P/E (Price-to-Earnings) Ratio: 11.03
- P/B (Price-to-Book) Ratio: 2.14
- 52-week High: ₹232.20
- 52-week Low: ₹92.35
- Q3 FY2024-25 (ended September 2024):
- Net profit rose 68.71% to ₹29.76 crore from ₹17.64 crore in Q3 FY2023-24.
- Sales rose 14.10% to ₹222.47 crore from ₹194.97 crore in Q3 FY2023-24.
- Q4 FY2024-25 (ended December 2024):
- Net profit declined 38.54% to ₹19.58 crore from ₹31.86 crore in Q4 FY2023-24.
- Sales declined 4.92% to ₹193.69 crore from ₹203.72 crore in Q4 FY2023-24.
- Net Profit: Declined 2.43% to ₹95.76 crore (from ₹98.14 crore in FY2023-24).
- Sales: Rose 3.07% to ₹809.08 crore (from ₹784.96 crore in FY2023-24).
The company maintains strong credit ratings, reflecting institutional confidence. CRISIL has reaffirmed Pudumjee Paper's ratings for its ₹280 Crore bank loans and ₹50 Crore fixed deposits as A/Positive and A1, respectively. The promoter holding stands at 71.3%.
While the company has experienced a modest sales growth of 6.00% over the past five years, its strategic focus on specialty paper manufacturing and diversification into hygiene products positions it favorably for future growth opportunities within the expanding packaging and FMCG sectors. The increase in working capital days from 92.9 days to 134 days indicates some operational challenges that management is actively addressing.
Pudumjee Paper Products Ltd has delivered a return of 38.8% in the last 3 years. The company's certified manufacturing processes and commitment to quality across its diverse product segments provide a solid foundation for sustained growth in India's dynamic paper and packaging market.
