Any current/future new fundraising through debt or equity?

The company is working on cost estimates related to its new expansion plan. Fundraising details (debt or equity) will be shared once the cost evaluation is complete. Currently, there is no finalized plan on how the funds for expansion will be raised. They have purchased 107 acres of land and awaiting government approvals for an additional 78 acres. They expect to complete land acquisition and environment clearance by December 2018. CAPEX details for the greenfield project will be shared by the end of the year after finalizing costs. No explicit mention of immediate fundraising through debt or

Any current/future capex/capital investment/strategic investment?

The company is implementing a greenfield project at Chamkaur Sahib, Punjab. They have acquired 109.02 acres of land and are in the process of obtaining Environmental Impact Assessment (EIA) clearance expected by the end of 2018. The greenfield project will have a capacity of 100,000 TPA producing Writing and Printing Paper (WPP). Project implementation timeline is 24 to 36 months with an aim to complete in good time leveraging prior greenfield experience. CAPEX for the new project is being worked out, expected to be shared by end of 2018. Current modernization cost was Rs. 32 crores encompassi

Future growth expectations in sales/revenue/volumes?

Total production for FY19 expected to be about 133,000 MT (78,000 MT Kraft, 55,000 MT Writing & Printing) Targeted annual production: 78,000 MT Kraft; 55,000 MT Writing & Printing paper Topline guidance for FY19: Rs. 500 crore plus Writing & Printing papers expect price improvements beyond Rs. 58,000 per MT Kraft paper realization expected to improve; export to China increasing, positive outlook Value-added products (e.g., higher BF Kraft) expected to grow, shifting 12-15% of Kraft capacity to value-added products Value-added Kraft products projected to reach 20% of Kraft productio

Future growth expectations in earnings/operating earnings/profits/EPS?

Targeted annual Kraft paper production: 78,000 MT; Writing & Printing (WPP): 55,000 MT. Kraft EBITDA margin expected to improve from 6.3% in Q1 FY19 to around 11%-12%. Company-wide EBITDA margin guidance: 19%-19.5% for FY19. Value-added Kraft products expected to comprise 20%-25% of Kraft production, with realizations Rs. 4,000-5,000 higher than regular Kraft, boosting margins. Writing & Printing paper segments seeing improving prices post-GST impact; WPP average price rising from Rs. 52,584 in Q2 FY18 to Rs. ~57,920 in July 2018. Q2 FY19 and onward expected to show better results than Q1 FY19

Ruchira PapersQ1 FY19Paper, Forest & Jute Products

Ruchira Papers Q1 FY19 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹104.1P/E: 9.3Market Cap: ₹311 CrSector: Paper, Forest & Jute Products

Management growth scorecard

Revenue

Category 2

Margin

Category 1

Fundraise

N/A

Order

N/A

Capex

Yes

2 of 3 growth signals are positive.

Full analysis

Revenue guidance

Category 2

Total production for FY19 expected to be about 133,000 MT (78,000 MT Kraft, 55,000 MT Writing & Printing)
Targeted annual production: 78,000 MT Kraft; 55,000 MT Writing & Printing paper
Topline guidance for FY19: Rs. 500 crore plus
Writing & Printing papers expect price improvements beyond Rs. 58,000 per MT
Kraft paper realization expected to improve; export to China increasing, positive outlook
Value-added products (e.g., higher BF Kraft) expected to grow, shifting 12-15% of Kraft capacity to value-added products
Value-added Kraft products projected to reach 20% of Kraft production by end of FY19, priced Rs. 4,000-5,000 higher than regular Kraft
EBITDA margin targets: 11-12% for Kraft, 19-19.5% company-wide
New greenfield plant planned with 100,000 TPA capacity to further expand Writing & Printing segment over next 2-3 years

Margin guidance

Category 1

Targeted annual Kraft paper production: 78,000 MT; Writing & Printing (WPP): 55,000 MT.
Kraft EBITDA margin expected to improve from 6.3% in Q1 FY19 to around 11%-12%.
Company-wide EBITDA margin guidance: 19%-19.5% for FY19.
Value-added Kraft products expected to comprise 20%-25% of Kraft production, with realizations Rs. 4,000-5,000 higher than regular Kraft, boosting margins.
Writing & Printing paper segments seeing improving prices post-GST impact; WPP average price rising from Rs. 52,584 in Q2 FY18 to Rs. ~57,920 in July 2018.
Q2 FY19 and onward expected to show better results than Q1 FY19.
New greenfield plant with 100,000 TPA capacity underway, expected to enhance production and margins upon commissioning.
Stable raw material costs (mainly agro-based) and in-house power generation support margin sustainability.
Export expansion, especially to China for Kraft paper, expected to improve realization and growth.

See what Ruchira Papers management said on margin guidance — free account, 30 seconds.

Fundraise plans

The company is working on cost estimates related to its new expansion plan.
Fundraising details (debt or equity) will be shared once the cost evaluation is complete.
Currently, there is no finalized plan on how the funds for expansion will be raised.
They have purchased 107 acres of land and awaiting government approvals for an additional 78 acres.
They expect to complete land acquisition and environment clearance by December 2018.
CAPEX details for the greenfield project will be shared by the end of the year after finalizing costs.
No explicit mention of immediate fundraising through debt or equity was made during the call.

Order book

The provided transcript from the August 3, 2018 conference call of Ruchira Papers Limited does not explicitly mention details about the company's current or expected order book or pending orders. Key points related to production and sales include: - Targeted annual production for Kraft paper: 78,000 MT - Targeted annual production for Writing & Printing paper: 55,000 MT - Value-added Kraft products expected to reach 20% volume by end of the year, with higher pricing by Rs. 4,000 to 5,000 per tonne than regular Kraft - Writing & Printing paper segment expected to have 40% value-added products - Company confident of achieving topline guidance of Rs. 500 crore plus for FY19 - Margins targeted: 11%-12% EBITDA for Kraft; 19%-19.5% EBITDA for the overall company No direct information on order book or pending orders was disclosed during the call.

See what Ruchira Papers management said on order book — free account, 30 seconds.

Capex plans

Yes

The company is implementing a greenfield project at Chamkaur Sahib, Punjab.
They have acquired 109.02 acres of land and are in the process of obtaining Environmental Impact Assessment (EIA) clearance expected by the end of 2018.
The greenfield project will have a capacity of 100,000 TPA producing Writing and Printing Paper (WPP).
Project implementation timeline is 24 to 36 months with an aim to complete in good time leveraging prior greenfield experience.
CAPEX for the new project is being worked out, expected to be shared by end of 2018.
Current modernization cost was Rs. 32 crores encompassing Kraft paper and writing & printing paper upgrades including chemical recovery plant improvements (~Rs. 12 cr).
Expansion beyond current capacities includes developing value-added product lines with higher realizations.
Land acquisition pending for an additional 78 acres with governmental approvals underway.

Track Ruchira Papers — get its next earnings analysis in your feed

How does Ruchira Papers rank vs peers in Paper, Forest & Jute Products?

Pro feature

ThisRuchira Papers

Rev 2Mar 1

See where Ruchira Papers sits in Paper, Forest & Jute ProductsSee which companies these are, and every other name in the sector.Open rankings

How does Ruchira Papers rank in Paper, Forest & Jute Products?

Compare Ruchira Papers against every Paper, Forest & Jute Products company (Q1 FY19) on revenue, margins and earnings-call signals.

View Paper, Forest & Jute Products leaderboard →

What Ruchira Papers's management said in earlier quarters

Others in Paper, Forest & Jute Products this season

Pakka Ltd (Q2 FY26)
Q2 FY 25-26 revenue: ₹78.39 Cr, down 32% versus ₹115.97 Cr in Q2 FY 24-25 (Page 6). Key investor presentation takeaways from Pakka Ltd's Q2 FY26 investor presen
Pakka Ltd (Q4 FY26)
Food services revenue showed significant quarter-on-quarter growth (Q4 revenue 17 crore vs. Key concall takeaways from Pakka Ltd's Q4 FY26 earnings call — and…
JK Paper (Q2 FY21)
Sales Volume: 1,17,581 MT (down 10.3%) . Key concall takeaways from JK Paper Ltd's Q2 FY21 earnings call — and how it ranks against sector peers.
Satia Industries (Q1 FY26)
Revenue from Operations Q1FY26:** INR 3,709 Mn (down 7% YoY from INR 3,994 Mn in Q1FY25) . Key concall takeaways from Satia Industries Ltd's Q1 FY26 earnings…

Compare:vs JK Paper vs West Coast Paper Mills Ltd vs Andhra Paper

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →