emami paper is the largest newsprint manufacturer

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Page 1: Emami Paper is the Largest Newsprint Manufacturer

Emami Paper is the largest newsprint manufacturer. Emami Paper Mills Limited (established in 1982) is a

paper mill based on recycled - fiber located in Balasore (Orissa) and Kolkata (West Bengal). The

Company is a constituent of the Emami Group, which possesses diverse business interests comprising

FMCG, edible oil, writing instruments, healthcare, retail departmental stores and real estate. The

Company possesses an installed capacity to manufacture 1,45,000 tonnes per annum of newsprint,

printing and writing paper.

They also participating in the Newsprint like, Hindustan Times, The Times of India, Dainik Jagran,

Dainik Bhaskar, ABP (The Telegraph, Ananda Bazar Patrika), The Samaja, Prabhat Khabar, Sanmarg,

Bartaman, Malayam Manorama and Deccan Herald amongst others.  Writing and printing paper are

Government presses, Orissa Bureau of Text Books (Bhubaneswar), Yugbodh Prakashan- Raipur, Govt.

Press-Cuttack, State Bank of India, UCO Bank, Swapna Printing Press-Kolkata, among others. Emami

Paper has been making profits since inception across various industry cycles. The Company achieved

another landmark by registring a record production of 144920 MT for the financial year 2011-12.

At Emami Paper Mills all activities narrow down to three alphabets, TPM. Though there are many

institutions, certifications in the world, it is the TPM, which focuses on culture change, cost reduction,

increasing the productivity by reducing breakdown to zero, the safety of the machine, man and material.

This is the factor, which induced our management to opt for TPM and make it our way of life. With this

intention we have kicked-off TPM in the year 2005 and having a long journey of 7 years we have been

awarded TPM Award for Excellence 1st Category. We continued with TPM practices and achieved

excellence in CONSISTENT TPM COMMITMENT AWARDS in 2008. The company passed

Certifications of ISO 9001 Quality Management System, ISO 14001 Environmental Management System,

OHSAS 18001  Occupational Health & safety Management System.

During the Financial year 2011-12, your Company further strengthened its leadership in the

newsprint segment and continued to be the lowest cost manufacturer in the country. The

Company’s commitment in delivering high quality products to customers has been a major

reason for maintaining prestigious position in the industry and allowed the Company to achieve

better sales realization against the stiff competition with imported newsprint. The Company

registered a considerable growth of 13.92% in the turnover from Rs.429.84 crores in 2010-11 to

Rs. 489.69 crores during the year under review. The Company achieved another landmark by

registering a record production of 144920 MT for the year. Operating profit (PBDIT) was

marginally lower at Rs. 69.43 crores as against Rs. 72.08 crores last year despite sharp increase

in the cost of raw material, coal and financing charges. Directors are pleased to inform that in

Page 2: Emami Paper is the Largest Newsprint Manufacturer

spite of turbulent business environment, your company, based on its intrinsic strength, has

maintained its performance and outperformed the industry. The Indian paper industry is expected

to attract Rs 10,000 crore investments in three to five years across green field and brown field

projects. Emami Paper Mills Limited (EPML) is the largest newsprint manufacturer in India with

an installed capacity of 145,000 TPA. EPML recorded another strong financial performance this

year and achieved record production utilising the plant capacity of almost 100%.