Annual Report provides good insight into the company`s future plans:
655 crores to be invested in the new packaging board plant(500TPD facility), new tech will help in 5% cost reduction as well. The plant will be commissioned in H2FY24
Funding: 35% from internal accruals and 65% debt
At peak capacity this can generate 1000 cr turnover and combined with existing capacity, the business can generate 2500 cr of revenue.
WPP will have a better contribution with re-opening of school and workplace, margin improvement due to lower cost in new plant, and moderation in RM cost as well
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