Chadha Papers Limited (CPL) is actively repositioning its product lines and expanding its production capacities to adapt to market dynamics and enhance its global presence. The company is shifting focus from traditional products like 18 BF paper to value-added items such as cup stock, bleached kraft, and paper bags, particularly in North India. This strategic move includes setting up a new coating line to produce thermal paper, C1S, and cup stock paper, aligning with eco-friendly practices and market demand.
Financially, CPL reported a total revenue of ₹6,139.53 million for the fiscal year 2023-24, a slight decrease from ₹6,988.34 million in the previous year. The net profit stood at ₹367.87 million, down from ₹609.93 million in 2022-23. Despite these figures, the company remains optimistic, focusing on improving internal efficiencies and investing in capacity building to further penetrate the global market.
The company acknowledges challenges such as the gradual erosion of the kraft paper market and the need for technological advancements to meet market demands. In response, CPL has installed a news printing/writing paper plant and is upgrading technologies to cater to product demand, setting high sales targets for these segments.
These strategic initiatives reflect Chadha Papers’ commitment to innovation and sustainability, aiming to strengthen its position in the evolving paper industry.
