Andhra Paper Limited

Manufacturer of paper and pulp with multiple facilities and branch offices across India.

1964 | Godavari, Andhra Pradesh (India) | Active
Last Updated:

Andhra Paper Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 39.77 Cr
  • Company Age 60 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 501.00 Cr
  • Satisfied Charges ₹ 1,040.04 Cr
  • Revenue Growth 50.84%
  • Profit Growth 273.90%
  • Ebitda 232.56%
  • Net Worth 44.61%
  • Total Assets 33.83%

About Andhra Paper

Andhra Paper Limited (APL) was founded in India on 29 June 1964 and has a glorious history of 60 years and eight months. Its registered office is in Godavari, Andhra Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502330 and on the National Stock Exchange(NSE) under ANDHRAPAP.

The Corporate was formerly known as The Andhra Pradesh Paper Mills Ltd.. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 39.77 Cr.

The company currently has active open charges totaling ₹501.00 Cr. The company has closed loans amounting to ₹1,040.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Andhra Paper Limited India are Rajesh Bothra as CFO and Bijay Sanku as Company Secretary. Shree Bangur, Arun Sureka, Sudarshan Somani, and Six other members serve as directors at the Company.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    andhrapaper.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L21010AP1964PLC001008

  • Company No.

    001008

  • Stock Symbol

    BSE : 502330 NSE : ANDHRAPAP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jun 1964

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

What products or services does Andhra Paper Limited offer?

Andhra Paper Limited offers a wide range of products and services, including Paper & Paper Made Products, Raw Paper Material, Printing Paper, Coated Paper, Document Envelopes, Paper Envelopes, Poster Paper, White Copy Paper, GSM Paper, Kraft Paper.

Who are the key members and board of directors at Andhra Paper?

Executive Team (4)

NameDesignationAppointment DateStatus
Shree Bangur Country flag representing In Managing Director30-Oct-2019Current
Rajesh Bothra CFO02-Feb-2023Current
Bijay Sanku Country flag representing In Company Secretary30-Jul-2022Current
Saurabh Bangur Country flag representing In Managing Director01-Jun-2020Current

Board Members (7)

NameDesignationAppointment DateStatus
Virendra Sinha Country flag representing In Director 01-Apr-2022Current
Papia Sengupta Country flag representing In Director 01-Sep-2022Current
Arun Sureka Country flag representing In Director 30-Oct-2019Current
Sudarshan Somani Country flag representing In Director 30-Oct-2019Current
Sitaram Sharma Country flag representing In Director 01-Apr-2022Current
Mukesh Jain Country flag representing In Whole-Time Director 10-Nov-2021Current

Financial Performance of Andhra Paper.

Andhra Paper Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.84% increase. The company also saw a substantial improvement in profitability, with a 273.9% increase in profit. The company's net worth Soared by an impressive increase of 44.61%.

Andhra Paper revenue growth over time
Andhra Paper profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
50.84%
Revenue from Operations
51.98%
Total Assets
33.83%
Profit or Loss
273.90%
Net Worth
44.61%
EBITDA
232.56%

What is the Ownership and Shareholding Structure of Andhra Paper?

In 2023, Andhra Paper had a promoter holding of 72.24% and a public holding of 27.77%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹501.00 Cr

Satisfied Charges

₹1,040.04 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 175.00 Cr
  • Standard Chartered Bank : 160.00 Cr
  • State Bank Of India : 131.00 Cr
  • Axis Bank Limited : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jul 2024Standard Chartered Bank₹160.00 CrOpen
02 Apr 2024State Bank Of India₹125.00 CrOpen
22 Nov 2022Axis Bank Limited₹35.00 CrOpen
11 Nov 2022Idbi Bank Limited₹175.00 CrOpen
11 Jan 1993State Bank Of India₹6.00 CrOpen

How Many Employees Work at Andhra Paper?

Andhra Paper has a workforce of 3029 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Andhra Paper Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andhra Paper, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Andhra Paper's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Andhra Paper

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 22 Nov 2022 with Charge ID 100651739 was modified on 31 Aug 2024.

  • Annual General Meeting

    Andhra Paper Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 160.00 Cr with Charge ID 100951712 was registered on 09 Jul 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 125.00 Cr with Charge ID 100892420 was registered on 02 Apr 2024.

  • Balance Sheet

    Andhra Paper Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with State Bank Of India of Rs. 6.00 Cr registered on 11 Jan 1993 with Charge ID 90137460 was modified on 28 Nov 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Andhra Paper Limited?

    Andhra Paper Limited was incorporated on 29 Jun 1964.

  • What is authorized share capital and paid-up capital of Andhra Paper Limited?

    The authorized share capital of Andhra Paper Limited is ₹ 45.00 Cr and paid-up capital is ₹ 39.77 Cr.

  • Who are the current board members & directors of Andhra Paper Limited?

    Currently 11 directors are associated with Andhra Paper Limited.

    • Shree Kumar Bangur
    • Arun Kumar Sureka
    • Sudarshan Vijaynarain Somani
    • Sitaram Sharma
    • Virendra Sinha
    • Papia Sengupta
    • Mukesh Jain
    • Rajesh Bothra
    • Bijay Kumar Sanku
    • Virendraa Bangur
    • Saurabh Bangur

  • What is the registered address of Andhra Paper Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Andhra Paper Limited is Rajahmundry, East Godavaridistrict India, Andhra Pradesh, 533105.

  • What is the corporate identification number (CIN) and company number of Andhra Paper Limited?

    The corporate identification number (CIN) of Andhra Paper Limited is L21010AP1964PLC001008 and the company number is 001008 as per Ministry of Corporate Affairs (MCA).

  • Is Andhra Paper Limited registered with any stock exchange in India?

    Yes, Andhra Paper Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ANDHRAPAP.

  • What is the official website of Andhra Paper Limited?

    The Official website of Andhra Paper Limited is https://www.andhrapaper.com

  • What has been the recent revenue trend for Andhra Paper Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Andhra Paper Limited has risen by 50.84%.

  • How many employees does Andhra Paper Limited currently have?

    As Per 2023 financial reports, 3029 employees are currently employed by Andhra Paper Limited.

  • What change has been observed in the net worth of Andhra Paper Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Andhra Paper Limited has experienced an upsurge of 44.61%.

  • What are the total open charges for Andhra Paper Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Andhra Paper Limited amount to ₹ 501.00 Cr.

  • When was the last Balance Sheet of Andhra Paper Limited filed with the ROC?

    The most recent Balance Sheet for Andhra Paper Limited was filed with the ROC on 31 Mar 2024.

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