"The Focus is on Offering Compostable Packaging Solutions to the World"

"The Focus is on Offering Compostable Packaging Solutions to the World"

Yash Papers has grown into the largest manufacturer of wrapping grades in India, with a present installed capacity of 39,100 MT per annum. Yash Papers practices a singular discipline, focuses on specialty products and quality and has a culture of ploughing back surpluses into additional capacity.

The consistent feature of our business strategy has been value-addition. We invested periodically in the manufacture of specialized grades & ash; a distinctive preference for the value approach over a volume one.

This preference for the value-approach is reflected in the Company’s product mix - hard tissue, wrapping grades, packaging, and stationery grades. These varieties are used in specialized downstream applications like soap wrapping, food wrapping, pharmaceutical covers,  interleaving sheets, laminating sheets, paper bags, bidi wrapping, gum tape,  notebook covering paper, PE coating in mattress, tube light packaging among others. Here is the short Interview of Mr.Jagdeep Hira (in the above photo), Managing Director at Yash Papers Limited taken from the annual report (FY18-19) 

Q. How would you evaluate the performance of the Company in 2018-19? 

We are extremely happy to evaluate the performance of the Company in 2018-19. This was the best-ever year of performance for the Company as it reported the highest-ever revenue of INR 255.43 crore, 24.46% growth over 2017-18, while the Company reported an EBIDTA of INR 50.36 crore, a 21.78% growth over 2017-18.

Q. What were some of the operational highlights of the Company during the year under review?

The process strengthening initiatives undertaken in the past few years have started reaping benefits for the Company. The capacity enhancement done in PM 3 led the Company to its highest ever paper production with overall capacity utilization of close to 98%. The Company produced more than 1.02 crore of egg trays while the Company's tableware production efficiency increased 52%. 

Q. What were the other key highlights of the Company's performance in 2018-19? 

We continued our innovation journey with the launch of food packaging paper with high strength. We emerged as the sole supplier to Detpack. To increase the reach of our products to direct converters and make them available across locations, new additions were made in regions like Punjab and Raipur where we had a lesser presence. We could thus give consumer advantage of lesser freight. As a strategic move and to create a knowledge-sharing platform, we conducted bag converters meet at Pune. Our aim was to make an impact in the endeavor to reduce plastic pollution and increase customer base. To strengthen our international presence and enhance our export profile, we entered regions like the Gulf and the EU with our biodegradable and food-grade products. Our superior product quality and range of products helped us in strengthening our realization per tonne by 8.69% during the year under review.  Here is the shot interview of Mr.Jagdeep Hira, MD of Yash Papers Limited.

Q. How are you positioned in the industry? 

There has been a growing realisation of the importance of sustainable packaging solutions and we are positioned attractively in the industry, leveraging our strong portfolio of sustainable packaging products. 

Q. What is the outlook for the Company in the coming years? 

Going ahead, we will be focussing on the following initiatives to further strengthen our business prospective: 

-Working on measures for energy conservation 

-Enhancing the level of automation to optimize production costs and further enhance product quality 

-Strengthening new technology adoption to reduce usage of water and to reuse it optimally 

-Enhancing the OEE of Paper 

-Stabilising and expanding our Tableware segment 

- Wealth creation from waste management 

Q. What is your message to the shareholders?

Our efforts in the past few years have already started bearing fruits for the Company. Chuk is in its very early days and we are now seeding the market to create a strong foundation for future growth. We will continue to increase the share of value-added products in the portfolio in order to help us strengthen our margins. We are confident that we will continue to strengthen the value of our shareholders in the near future.

Web Title: The Focus is on Offering Compostable Packaging Solutions to the World