Chadha Papers is focusing on repositioning of product lines, making investments in expansion and building production capacities

Chadha Papers is focusing on repositioning of product lines, making investments in expansion and building production capacities

The Pulp and Paper Times

Chadha Papers Limited (CPL) commenced production in 1991 but faced discontinuation in 2004 or 2008 due to family issues. In 2013, ownership transitioned within the family, and since then, I have been overseeing its operations. CPL specialize in manufacturing writing, printing, and craft grades, namely absorbent. Additionally, CPL has ventured into craft paper bags over the past 1-2 years. Chadha Papers is a established suppliers in writing and printing to various government establishments, numerous states in India, and, of course, the market.

CPL is engaged in the business of manufacturing, producing, marketing, exporting and dealing in all kinds and varieties of paper, Board, Kraft Paper, Semi Kraft and other paper products. 

During the FY 23-24, the Company has earned a Profit of Rs.3727.31 (Figure in lakhs) as against profit of recorded Rs. 6092.47 (Figure in Lakhs) in the previous year. 

During the year under review, Chadha Papers has achieved a Total Revenue of Rs 61395.34 (Figure in lakhs) as against Rs 69883.41 (Figure in lakhs) recorded in the previous year. 

The revenue from operations of the CPL on consolidated basis Rs. 61395.35 (Figure in lakhs ) as against Rs 69883.41 (Figure in lakhs) recorded in the previous year. and the consolidated net profit after tax for F.Y. 2023-24 stood at Rs. 3678.69 (Figure in lakhs) as compared of Rs. 6099.32 (Figure in lakhs) for FY 2022-23. 

CPL is focusing on repositioning of product lines, improving internal efficiencies and making investments in expansion and building production capacities and to further penetrate in the global market. CPL expects high revenue in the coming years.

The annual report of Chadha Papers stated that, the gradual erosion of the market for the Kraft Paper is the biggest threat to the company. The low sales graph of the Kraft Paper is a threat as well as alarming for the Company. Most of the paper mills are in existence for a long time and hence present technologies fall in a wide spectrum ranging from oldest to the most modern. Due to old technologies and methods, it is difficult to meet the market demands.

Chadha Papers installed News Printing/Writing Paper Plant last year in order to achieve the demand for this product and further management has planned and has improvised the technologies for the News Print and WP keeping in view the demand of the product and the sales target has been set high.
 

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