JK Paper Ltd
BSE:532162
JK Paper Ltd
JK Paper Ltd. engages in the manufacture and sale of papers for printing and writing purposes. The company is headquartered in New Delhi, Delhi. The company went IPO on 2005-06-16. The firm offers various products office documentation papers, uncoated paper & board, coated paper & board, and packaging board. The company offers a range of office documentation papers from economy to premium grades. The product includes photocopy and multi-purpose papers for use in desktop, inkjet and laser printers, fax machines, photocopiers and multi-functional devices. The company offers a range of such uncoated writing & printing paper for varied needs, including the super bright JK Maplitho. Its Uncoated Paper & Board products include JK Bond, JK MICR Cheque Paper, JK Parchment Paper, JK SS Pulpboard, JK ELEKTRA, JK FINESSE, JK LUMINA and JK SHB. Its Coated Paper & Board products include JK Cote (Matt/Gloss), JK Superkote / JK Cote Premium (Gloss) and JK Cote Chromo (Matt/Gloss). Its Packaging Board products include JK Ultima, JK TuffCote, JK TuffPac, JK Endura, JK IV Board, JK Club Card, JK FBL, JK FBU and other.
JK Paper Ltd. engages in the manufacture and sale of papers for printing and writing purposes. The company is headquartered in New Delhi, Delhi. The company went IPO on 2005-06-16. The firm offers various products office documentation papers, uncoated paper & board, coated paper & board, and packaging board. The company offers a range of office documentation papers from economy to premium grades. The product includes photocopy and multi-purpose papers for use in desktop, inkjet and laser printers, fax machines, photocopiers and multi-functional devices. The company offers a range of such uncoated writing & printing paper for varied needs, including the super bright JK Maplitho. Its Uncoated Paper & Board products include JK Bond, JK MICR Cheque Paper, JK Parchment Paper, JK SS Pulpboard, JK ELEKTRA, JK FINESSE, JK LUMINA and JK SHB. Its Coated Paper & Board products include JK Cote (Matt/Gloss), JK Superkote / JK Cote Premium (Gloss) and JK Cote Chromo (Matt/Gloss). Its Packaging Board products include JK Ultima, JK TuffCote, JK TuffPac, JK Endura, JK IV Board, JK Club Card, JK FBL, JK FBU and other.
Challenging Quarter: JK Paper experienced a tough Q4, with sharp price drops in key paper segments and persistently high wood costs impacting profitability.
Margins: EBITDA margin for FY '24 was around 26%, down from the previous outlier year but still better than long-term industry averages.
Input Cost Pressures: Wood costs rose significantly (about 30%), and while pulp and coal prices corrected somewhat, overall input inflation remained a key headwind.
Competition & Imports: Management highlighted increased dumping from ASEAN countries, especially Indonesia, as a major challenge, with import threats likely to persist.
Future Outlook: Management expects the coming year to be tougher, with ongoing cost pressures and competitive imports; however, they remain focused on driving operational efficiency and strategic growth.
CapEx & Expansion: Investments continue in mechanical pulp mill and corrugated segment, with management targeting 14–15% return on new investments and aiming for double-digit growth.
Antidumping Action: Company has filed for antidumping duties against imports from key countries but does not expect a quick resolution.
