The Paper industry is one of the best performing sectors in the world. Its growth rate has been good for the last six years, with an average of 6% and above. Today we are going to discuss the best paper stocks India.
The top Paper industries in the world are China, USA, Japan, Germany, Republic of Korea, Brazil, Finland, Canada, Sweden, Italy, but in the future, India will be one of the top countries in the industry’s growth.
The production of paper in the world is 390 million tons currently, but it might rise to 490 million tons in the future. The paper industry provides jobs for many people and fulfills the people’s needs.
As of now, the paper consumption in India is 2% of the global paper output, and the highest paper consumption country in the world is the USA.These stocks will provide a wide range of Office papers, Packaging boards, Printing & Writing Papers, and Speciality Papers.
Table of Contents
List of Best Paper Stocks India
Century Textiles
Century textile was a single unit textile entity in 1987 and later transformed into a commercial powerhouse. It is a leading manufacturer of tissue, paper boards, etc. In addition, it provides a good quality of writing and printing papers.
Currently, Century Textiles and Industries Ltd is one of the top-performing companies in cotton textiles, and it has a great presence in the pulp and paper sector. It is situated at the foothills of the Himalayas in Lalkua (Nainital).
Century textile spends 72% of their capital in paper and pulp, 24% in the textile business, 4% in Real Estate Business. It is one of the leading companies in the world.
Company Details:
Below Data as on 13th January 2022
| Founder | Rameshwar Das Birla |
| Founded | 1987 |
| Market Capitalization | 11,146 Cr |
| Share Price | 996 |
| P/E Ratio | 124 |
| ROE | -0.88% |
| ROCE | 0.75% |
| Face Value | 10.0 |
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JK Paper Limited
JK Paper Limited was established in 1962 and it is one of the best companies to provide office papers, coated papers, Cedar Digital and MICR Cheque Paper, packaging boards, etc.
JK paper mill is at Rayagada(Odisha), and its central pulp mill is at Songadh, Gujarat. This company will sell all its products via JK Copier, JK Easy Copier, JK Sparke, JK Cedar, JK Max JK Excel Bond, etc.
JK paper limited has increased their working capability from 4.55MTPA to 5.91 MTPA after acquiring the sirpur paper mills in 2019.
Company Details:
Below Data as on 13th January 2022
| Founder | Lala Juggilal |
| Founded | 1962 |
| Market Capitalization | 3,578 Cr |
| Share Price | 211 |
| P/E Ratio | 8.43 |
| ROE | 9.74% |
| ROCE | 10.2% |
| Face Value | 10.0 |
West Coast Paper
West Coast Paper Mills Limited was established in the year 1955, and it is one of the largest producers of paper in India. The company is located at Dandeli in Uttara Kannada district in Karnataka.
The products offered by West Coast paper mill are premium printing papers, business stationery, coated duplex boards, packaging board, and business stationery etc. The company has 75 agents with 6 zonal offices in India. In addition, it has a presence in 15+ countries.
Company Details:
Below Data as on 13th January 2022
| Founder | S K Bangur |
| Founded | 1955 |
| Market Capitalization | 1,635 Cr |
| Share Price | 248 |
| P/E Ratio | 9.27 |
| ROE | 0.24 % |
| ROCE | 2.70 % |
| Face Value | 2 |
Seshasayee Paper
Sri S Viswanathan established Seshasayee Paper & Boards Ltd in the year 1960. The company produces various products via its manufacturing facilities.
Seshasayee Paper & Boards has more than 60 years of experience in the paper industry. The products have 50 to 70% of sales from south India.
The firm exports its products to countries like the USA, Sri Lanka, Nepal, and the Middle East.
Seshasayee Paper & Boards Ltd has cleared all their debts and becomes a debt-free company. As a result, it is one of the best paper stocks in India.
Company Details:
Below Data as on 13th January 2022
| Founder | S Viswanathan |
| Founded | 1960 |
| Market Capitalization | 1,025 Cr |
| Share Price | 163 |
| P/E Ratio | 9.35 |
| ROE | 9.50% |
| ROCE | 8.38% |
| Face Value | 2.0 |
Tamil Nadu Newsprint Limited
Tamil Nadu Newsprint and Papers Ltd was established in 1979, and its head office is in Chennai, Tamilnadu. The company manufactures marketing papers, Paper boards, Cement, and power generation.
This company provides high-quality papers for printing, and it also provides coated and non-coated paper boards for the packaging industries. The company has a massive production capacity, and it deals with printing and writing papers.
The company’s products contain Print Vista, TNPL Elegant Maplitho, Hi-Tech Maplitho, TNPL Pigment Paper, Radiant Printing, TNPL Offset Printing, Creamwove, Copy Crown, TNPL Copier, etc. Tamil Nadu Newsprint and Papers Ltd export its products to more than 50 countries. It is one of the best paper stocks in India.
Company Details:
Below Data as on 13th January 2022
| Founder | Dr. Rajeev Ranjan |
| Founded | 1979 |
| Market Capitalization | 860 Cr |
| Share Price | 124 |
| Dividend Yield | 2.41 |
| ROE | -5.06% |
| ROCE | 1.84% |
| Face Value | 10.0 |
