Ruchira Papers Ltd manufactures Kraft Paper, and Writing and Printing Paper, operating as a comprehensive paper manufacturing enterprise serving diverse market segments including packaging, writing, and high-volume printing applications. Incorporated in 1980, RPL manufactures and markets different grades of Kraft paper and Writing & Printing Paper.
The company is a public limited entity established in 1980, engaged in the manufacturing of Kraft Paper and Writing Printing Paper. Its manufacturing facilities are strategically located to serve both domestic and international markets, with an installed capacity of 52,800 tons per annum. Their Kraft paper primarily finds use in the packaging industry for creating boxes and other packaging purposes.
Ruchira Papers Ltd has established itself as a reliable player in the paper industry through decades of consistent operations. The company was awarded Udyog Ratna by PHD Chamber of Commerce and Industry in 2005, recognizing its contribution to industrial excellence. In 2006, Himachal Tissues Ltd was amalgamated with Ruchira Papers Ltd, strengthening its market position and operational capabilities.
Ruchira Papers Ltd is publicly traded on both major Indian stock exchanges with the ticker symbol RUCHIRA. The company's shares were listed on the Bombay Stock Exchange Ltd (BSE) and National Stock Exchange of India Ltd (NSE) with effect from December 20, 2006, following its initial public offer during the financial year 2006-07.
As of July 2025, the market capitalization of Ruchira Papers Ltd (RUCHIRA) ranges between ₹384.40 Crores to ₹418 Crores. The stock trades within a 52-week range, with a high share price of ₹152.35 and a low share price of ₹107.00. Current financial metrics indicate a PE ratio of 6.55 and a PB ratio of 0.89 for Ruchira Papers Ltd (RUCHIRA).
The company has demonstrated varying financial performance across different quarters. For FY 2024-25, Ruchira Papers Ltd's revenue was ₹163.86 Crores in the quarter ending March 2025, showing a 1.78% year-on-year growth. The annual revenue stands at ₹659 Crores with a profit of ₹67.3 Crores.
Recent quarterly results show mixed performance patterns. Net profit of Ruchira Papers rose 128.57% to ₹16.48 Crores in the quarter ended December 2024, compared to ₹7.21 Crores in the previous quarter ended December 2023. Sales rose 5.90% to ₹167.88 Crores in the quarter ended December 2024, against ₹158.52 Crores in the previous quarter.
However, the company faced some challenges in Q1 FY25, where net profit declined 32.08% to ₹14.78 Crores in the quarter ended June 2024, as against ₹21.76 Crores in the previous quarter ended June 2023. Sales declined 2.86% to ₹164.23 Crores in the quarter ended June 2024, as against ₹169.07 Crores in the previous quarter.
- Annual Revenue (FY25): ₹659 Crores
- Annual Profit (FY25): ₹67.3 Crores
- Q3 FY25 Revenue: ₹167.88 Crores (up 5.90% YoY)
- Q3 FY25 Net Profit: ₹16.48 Crores (up 128.57% YoY)
- Q1 FY25 Revenue: ₹164.23 Crores (down 2.86% YoY)
- Q1 FY25 Net Profit: ₹14.78 Crores (down 32.08% YoY)
- Market Capitalization: ₹384.40 Crores - ₹418 Crores (as of July 2025)
- Promoter Holding: 68.67% (as of Mar 2025)
Ruchira Papers Ltd maintains an investor-friendly dividend distribution policy. The Board has recommended a final dividend for FY 2024-25 of ₹5 per equity share, subject to shareholder approval in the ensuing AGM. The company offers a good dividend yield ranging from 3.54% to 4.12%.
The company has been maintaining a healthy dividend payout of 24.9%, demonstrating a consistent commitment to shareholder returns. Last year, Ruchira Papers Ltd paid ₹10.00 for the full year, indicating the company's ability to sustain regular dividend payments to shareholders.
Ruchira Papers Ltd was incorporated on December 8, 1980, as a public limited company. The company was promoted by Umesh Chander Garg, Jatinder Singh, and Subhash Chander Garg. The current leadership includes Subhash Chander Garg as Chairman and Iqbal Singh as Company Secretary.
The ownership structure shows strong promoter commitment, with promoter holding in Ruchira Papers Ltd having gone up to 68.67% as of March 2025 from 68.67% as of June 2024. This stable promoter holding indicates management confidence in the company's prospects.
The company has shown impressive profit growth over the long term, delivering a good profit growth of 19.8% CAGR over the last 5 years. However, revenue growth has been more moderate, with a sales growth of 6.51% over the past five years.
From a market share perspective, over the last 5 years, market share increased from 1.69% to 1.82%, showing gradual improvement in competitive positioning. The company operates in the Materials sector, specifically in the Paper Products sub-sector, competing with established players in the industry.
The Company is engaged in the manufacturing of Kraft Paper and Writing & Printing Paper. In 2008, they expanded their production capacity by setting up a 100 TPD Writing and Printing paper plant in Himachal Pradesh, which included an added Chemical Recovery System and a Power Cogeneration plant. This expansion demonstrates the company's commitment to scaling operations and improving efficiency through integrated manufacturing processes.
The company's manufacturing facilities are designed to produce various grades of paper products, catering to different market segments from packaging industries requiring sturdy kraft paper to educational and office sectors needing quality writing and printing paper.
Ruchira Papers Ltd represents a stable investment opportunity in the paper manufacturing sector, backed by decades of operational experience, a consistent dividend policy, and strategic market positioning. The company continues to navigate market challenges while maintaining its commitment to shareholder value creation through regular dividend distributions and operational improvements.
