Genus Paper continues to explore forward integration opportunities and diversify its portfolio to meet the growing demand for premium and specialty paper grades

Genus Paper continues to explore forward integration opportunities and diversify its portfolio to meet the growing demand for premium and specialty paper grades

The Pulp and Paper Times

Incorporated in 1996, Genus Paper & Boards Limited (GPBL) is today one of India's leading manufacturers of industrial Kraft Paper, Duplex Board and other speciality papers as well. An integral part of the Kailash Group, the Company has its business prominently into Kraft Paper, Duplex Board and other speciality papers. It has two manufacturing facilities at Moradabad and Muzaffarnagar. 

The Moradabad facility has two waste paper-based manufacturing plants of Kraft Paper within the factory premises. The Muzaffarnagar facility has three manufacturing lines comprising of duplex and multi-paper product unit to produce speciality kraft papers, duplex boards and other speciality papers. 

The Company offers range of Kraft Papers varying from 60 GSM to 400 GSM and Duplex Board varying from 230 GSM to 450 GSM.

“The paperboard and packaging segment, which contributed 55 per cent of industry revenue in FY24, grew by 8.2 per cent driven by ecommerce and the ban on single-use plastics. Additionally, the printing and writing paper segment is set to benefit from the National Education Policy (NEP) 2020 and increased government spending on education, positioning the industry for long-term growth,

“The ongoing rise in imports throughout FY24 has increased pressure on domestic manufacturing. The combination of lower sales price realizations and rising input costs led to a projected revenue decline of 3-4 per cent for domestic paper companies in FY25. Domestic wood prices reached unprecedented levels due to increased demand from other industries and reduced plantation activity during Covid. Hardwood pulp prices rose by 20-25 per cent in FY24 and the first 9 months of FY25. Domestic manufacturers struggled to pass on these costs due to competition from cheaper imports.” Ishwar Chand Agarwal, Chairman, Genus Paper & Boards Limited said in the annual report for FY 24-25.

Performance in FY 24-25

Genus Paper has generated annual revenue of Rs. 849.14 Crores in FY25 against FY24 revenue of Rs. 651.03 Crores. The EBIDTA (Earnings before Interest, Tax, Depreciation and Amortization) stood at Rs. 69.72 Crores (Previous Year Rs. 56.16 Crores) and PAT (Profit after Tax) stood at Rs. 8.08 Crores (Previous Year Rs. 5.66 Crores).
“We have remained focused on operational excellence and strategic expansion. Our investments in modernizing production lines, optimizing energy usage and enhancing product quality have yielded encouraging results. We continue to explore forward integration opportunities and diversify our portfolio to meet the growing demand for premium and specialty paper grades.” Mr. Agarwal stated.

In today’s world, the demand for paper, as a packaging material is prominently linked to the prevalent economic conditions. The packaging industry in India has played a significant role in recent years in advancing innovation and technology in the nation and enhancing value across a range of manufacturing sectors, including the FMCG and agricultural industries. This industry continues to have a reasonably moderate prospect in India during next few years as the demand of paper and paper products grow in line with the GDP growth. The expansion of the middle class, enhancements made to the supply chain, and the emergence of e-commerce in recent times are the primary factors responsible for the growth of the packaging industry in India. The nation’s increasing focus on food safety and quality is projected to fuel the food processing sector, which will increase demand for packaging.
 

Published at : Jul 04, 2026 06:25 AM (IST)

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