JK Paper Management Interview/Future Quarters Guidance:
- Demand across all categories is good. And it is quite back to normal. Writing/Printing/Office paper demand is back to normal and market share has gone up from 23% to 28% as JK Paper has a good brand name.
- Volumes have increased in Packaging Board & Sirpur Paper Mills (90% capacity utilized)
- Volumes are higher by 35%. Market has given better prices.
- Going forward, Office Paper and Packaging Paper, the demand seems to be strong.
- 2nd half of the year is likely to be same as the 1st half.
- Earlier guidance for FY23 was 5000 crs. but in H1 already more than half of that has been covered. Revenue guidance changing to 5500-6000 crs because of higher price realization.
- Net debt has been low as compared to last year.
- Prices of Coated Paper have started to come down but prices of other products are still on the higher level.
| Subscribe To Our Free Newsletter |
