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Business Standard
30-05-2025
- Business
- Business Standard
Paper imports cross 2 MT in FY25, posing challenges for local players: IPMA
Paper and paperboard imports reached a record 2.05 million tonne in 2024-25 with a 33 per cent jump in volume from China, the Indian Paper Manufacturers Association (IPMA) said on Friday while expressing concerns over growing shipments. This surge in imports has emerged as a significant challenge for the domestic paper industry, undermining its growth potential and threatening investments in capacity expansion, the association said in a statement. Citing the Commerce Ministry data, the IPMA said paper and paperboard imports surged more than twofold in the past four years to hit 2.05 million tonne in FY25 from 1.08 million tonne in FY21. Imports from China now account for 27 per cent of the total paper and paperboard imports into India, and the ASEAN bloc accounts for 20 per cent of the total imports, the IPMA said. In value terms, imports of paper and paperboard touched nearly Rs 15,000 crore in FY25. The relentless surge in paper imports is a matter of grave concern for the domestic paper industry, which has invested substantially in capacity building and sustainability initiatives, IPMA President Pawan Agarwal stated. Agarwal claimed that imports have made most small and medium paper mills in India commercially unviable. According to Department for Promotion of Industry & Internal Trade (DPIIT), out of over 850-900 paper mills in the country, only 550 are operational, Agarwal said. We urge the government to implement stricter quality control measures, review trade agreements that lead to duty-free or low-duty access for paper imports, undertake trade remedial measures, and ensure a level playing field for the Indian paper industry.
Time of India
30-05-2025
- Business
- Time of India
India's paper imports more than double in four years to 2.05 million tonne, posing challenges for local players: IPMA
Paper and paperboard imports reached a record 2.05 million tonne in 2024-25 with a 33 per cent jump in volume from China, the Indian Paper Manufacturers Association ( IPMA ) said on Friday while expressing concerns over growing shipments. This surge in imports has emerged as a significant challenge for the domestic paper industry, undermining its growth potential and threatening investments in capacity expansion, the association said in a statement. Citing the Commerce Ministry data, the IPMA said paper and paperboard imports surged more than twofold in the past four years to hit 2.05 million tonne in FY25 from 1.08 million tonne in FY21. Ads By Google Ad will close in 30 Skip ad in 5 Skip Ad by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Nowa miniaturowa piła łańcuchowa clubsit Undo Also Read: Industry needs to be watchful on imports as Chinese exports continue to remain elevated: JSW Steel official Imports from China now account for 27 per cent of the total paper and paperboard imports into India, and the ASEAN bloc accounts for 20 per cent of the total imports, the IPMA said. Live Events In value terms, imports of paper and paperboard touched nearly Rs 15,000 crore in FY25. "The relentless surge in paper imports is a matter of grave concern for the domestic paper industry, which has invested substantially in capacity building and sustainability initiatives," IPMA President Pawan Agarwal stated. Agarwal claimed that imports have made most small and medium paper mills in India commercially unviable. According to Department for Promotion of Industry & Internal Trade (DPIIT), out of over 850-900 paper mills in the country, only 550 are operational, Agarwal said. "We urge the government to implement stricter quality control measures, review trade agreements that lead to duty-free or low-duty access for paper imports, undertake trade remedial measures, and ensure a level playing field for the Indian paper industry".
Yahoo
14-05-2025
- Business
- Yahoo
Jyothy Labs Ltd (BOM:532926) Q4 2025 Earnings Call Highlights: Strong Volume Growth Amidst ...
Consolidated Revenue: INR667 crore for Q4, 1.1% value growth and 4% volume growth year on year. Gross Margin: 49.2% for Q4, down 30 bps YoY. Operating EBITDA Margin: Improved to 16.8% in Q4 from 16.4% last year. Full Year Value Growth: 3.3% for FY25. Full Year Volume Growth: 6.4% for FY25. Fabric Care Growth: 2.1% in Q4 and 5% for the full year. Dishwash Growth: 3.1% in Q4 and 3.7% for the year. Personal Care Decline: 8.8% in Q4 and 0.9% for the year. Household Insecticides Decline: 4.8% in Q4 and 6.5% for the year. EBITDA: Grew from INR480 crore to INR500 crore, with a 17.5% margin. Profit After Tax (PAT): Over INR370 crore. Effective Tax Rate: 22.4% for Q4, nearly 23% for the full year. Working Capital Cycle: 18 days as of March end. Cash Balance: Exceeding INR750 crore, company remains debt-free. Dividend: Final dividend of INR3.5 per share for FY25. Warning! GuruFocus has detected 9 Warning Sign with KUW:MEZZAN. Release Date: May 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Jyothy Labs Ltd (BOM:532926) reported a 4% volume growth year on year for Q4 FY25, indicating strong demand for its products. The Fabric Care segment showed resilience with a 5% growth for the full year, driven by liquid detergents and detergent powders. The company maintained a robust cash balance exceeding INR750 crore, ensuring financial stability and potential for future investments. Jyothy Labs Ltd (BOM:532926) remains debt-free, which provides financial flexibility and reduces financial risk. The company has successfully increased its market share in Kerala for Ujala detergent powder, rising to 24.5% in FY25. The company faced a decline in Personal Care revenue by 8.8% in Q4 and 0.9% for the year, impacted by inflation and a high base. Household insecticides segment saw a decline of 4.8% in Q4 and 6.5% for the year, indicating challenges in this category. Gross margin for Q4 was down 30 bps year on year, reflecting continued input cost pressures. The company experienced a gap between volume and value growth due to higher promotional prices in select categories. Working capital increased in FY25 due to higher inventory and receivables, partly driven by elevated raw material prices. Q: What is the contribution of liquid detergents to overall Fabric Care, and is it cheaper to set up a liquid detergent plant compared to a powder plant? A: Pawan Agarwal, CFO, stated that liquid detergents are growing rapidly, but exact percentages are not disclosed. Regarding the cost of setting up plants, they have sufficient capacity and have not evaluated the cost difference as they haven't faced the need for new setups. Q: Can you provide insights on the Household Insecticides (HI) segment and its profitability outlook? A: Pawan Agarwal, CFO, mentioned that the HI segment is focusing on minimizing losses in coils and promoting liquid vaporizer (LV) products, which are profitable. The segment is expected to perform better in FY26 compared to FY25. Q: Why was there a reduction in advertising spend this quarter, and what is the outlook for ad spend in FY26? A: Pawan Agarwal, CFO, explained that the reduction in Q4 was a recalibration and not a trend. The company plans to continue investing 8.5% to 9% of revenue in advertising and promotions in the near to medium term. Q: What are the reasons behind the volume-value gap, and how is it expected to evolve? A: Pawan Agarwal, CFO, noted that competitive intensity and promotional offers are causing a 2% to 3% gap between volume and value growth. This gap is expected to persist in the near term but may stabilize over time. Q: What are the new initiatives to drive growth, given that past initiatives have matured? A: Pawan Agarwal, CFO, highlighted that the company is working on new product developments (NPDs) across categories, which will be launched in the current financial year to drive future growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
