Ruchira Papers was incorporated as a Limited Company under the Companies Act, 1956 with the Registrar of Companies, Punjab. H.P and Chandigarh at Jalandhar (Punjab) on December 8, 1980.
The company manufactures and markets kraft paper as well as writing and printing paper. The company has established a nationwide presence, extensive distribution network, and a leadership position across India, where the majority of its products are sold. The company's writing and printing paper is widely used in notebooks, stationery, wedding cards, shade cards, coloring books, bill books, textured paper, and drawing paper. Ruchira Papers expanded its presence in this segment by introducing two new products: Leher, a specialised paper for manufacturing disposable cups for hot and cold beverages, and Mogra, a premium paper variety designed for wedding cards.
The company's copier paper has gained strong acceptance among commercial offices and copying service providers. Meanwhile, its kraft paper remains a preferred choice in the packaging industry, widely used in the production of corrugated boxes, composite cans, fibre drums, textile cones, ream wrappers, and other packaging applications. The company's writing and printing paper products are manufactured using eco-friendly raw materials, including wheat straw, bagasse, sarkanda, and various fillers. The company uses FSC-certified imported wood pulp, as required, to ensure the quality of its finished goods. In the production of kraft paper, Ruchira Papers utilises a range of sustainable resources, such as bagasse, wheat straw, sarkanda, and waste paper, which are sourced from domestic and international supplies to achieve the desired characteristics of finished products.
The company achieved distinguished certifications, validating its commitment to process and product excellence. The company has been accredited with IS 14490:2018 by the Bureau of Indian Standards for its plain copier paper, as well as ISO 9001:2015 and FSC certifications, demonstrating its adherence to rigorous quality and sustainability standards.
Business area of the company
The company is engaged in the manufacturing of Kraft Paper and Writing & Printing Paper. The company's writing and printing paper is widely used in notebooks, stationery, wedding cards, shade cards, coloring books, bill books, textured paper, and drawing paper. Meanwhile, its kraft paper remains a preferred choice in the packaging industry, widely used in the production of corrugated boxes, composite cans, fibre drums, textile cones, ream wrappers, and other packaging applications.
Products of the company
- Kraft paper
- Writing and printing paper
Awards and recognitions
- 2005: Udyog Ratna Award by Himachal Pradesh in 2005.
- 2009: Appreciation award from Himachal Pradesh Corrugated Box Manufactures Association in 2009.
- 2013: Certificate of Excellence from INC 500 in 2013.
- 2019: Nepal Stationary and Education Materials Industries Association.
History and milestones
- 1979-80: Commenced operations in the paper manufacturing business.
- 1982-83: Began commercial production of kraft paper with 7 TPD capacity.
- 1992-94: Installed PM 2 for kraft paper production.
- 2005-06: Recorded turnover of over Rs 50 crore.
- 2006-07: The company launched its initial public offering worth Rs 2,850 lakh and was listed on the NSE and BSE.
- 2007-08: Entered the writing and printing paper segments.
- 2009-10: Recorded a turnover of over Rs 200 crore.
- 2012-13: Achieved Rs 300 crore in annual turnover.
- 2015-16: Awarded FSC certification by Rainforest Alliance for Responsible Forestry Practices.
- 2016-17: Achieved Rs 400 crore in annual turnover.
- 2019-20: Undertook a Rs 44 crore modernisation and upgradation initiative in the writing and printing paper segment. Introduced new product white copier paper to expand offerings.
- 2020-21: Awarded IS 14490:2018/2024 Certification by Bureau of Indian Standards for plain copier paper.
- 2021-22: Commenced the production of new paper grades for cup stock and wedding cards, catering to diverse market needs.
- 2021-22: Crossed Rs 600 crore in annual turnover.
- 2021-22: Upgraded the effluent treatment plant with an investment of Rs 20.82 crore.
- 2024-25: The company maintained a dividend of Rs 5 per share, rewarding shareholders and achieving its second-highest performance in terms of revenue and profitability.
- 2024-25: The company achieved the highest sales quantity of 1,51,785 TPA.