Yash Papers Limited provides consumer, industrial and protective packaging solutions, besides manufacturing low grammage machine glazed (MG) industrial bleached and unbleached grades of paper. The total paper production capacity of the company is of about 39,100 metric tonnes per annum, with pulp mill capacity of over 130 tonnes per day, whereas its chemical recovery unit has a capacity of about 140 bone dry metric solids.
On the financial front, Yash Papers Limited posted 1.60 per cent rise in its revenue to ₹46.64 crore in the first quarter of FY18 on a year-on-year basis. The company’s PBIDT rose 30.74 per cent to ₹8.98 crore in Q1FY18 as compared to
₹6.87 crore in the first quarter of FY17. The PAT of the company increased 144.63 per cent to ₹2.94 crore in the first quarter of FY18 on a yearly basis. On an annual basis, the company’s revenue increased 0.28 per cent to ₹173.81 crore in FY2017 as compared to the previous fiscal. The company’s PBIDT rose 21.02 per cent to ₹31.21 crore in FY17 as against ₹25.79 crore in FY16. The company’s profit after tax rose 124.21 per cent to ₹6.39 crore in FY17 as compared to ₹2.85 crore in the FY2016. The company’s TTM PE stood at 16.90x, as against the industry PE of 10.98x. The company witnessed a significant traction in its earnings and is intensely making substantial investments and technology upgradation for the expansion of its operations. (Closing price as of Sept 13, 2017)