Sundaram Multi Pap Ltd. Organizes the Sector According to BAC Report03 Oct 2011 • by Natalie Aster
LONDON - School paper market in India makes about INR 90 B annually, but 95% of the manufacturing is done by small companies. The market is regionally fragmented. There are few nationally known brand paper products. Branded products are recognized in those regions where they are produced. Office paper market generates INR 50 B per year, and the unorganized sector takes 90% here.
Both school and office paper markets grow by 15% per annum, and the estimation rates are to grow even higher due to consolidation processes that have begun within the industry.
Sundaram’s main market regions are Maharashtra, Gujarat and Goa. Presently it controls 15% market share, representing the organized sector. By 2012 the company is expected to take control over 25% share. The Company took massive expansion steps and will double its capacities from 60 tons / day to 120 tons / day by 2012. Sundaram will also expand its dealer/retailer network twice, establishing representatives in the States of Madhya Pradesh and Chhattisgarh by 2014.
Sundaram financial performance improved significantly in last periods. Mar 31 2011 marked a growth in revenues and net income by 200% and 187.5% respectively. In FY 2010 these indices increased by 29% and 12.8%, equaling INR 1945.5 M and INR 67.5 M respectively. Four-year trend reflects an average growth of 74%.
Founded in 1995 and headquartered in Mumbai (India), Sundaram Multi Pap Ltd. engages in manufacture of paper products and educational content development. The company has 9 successful brands (Sundaram, Friendly, Winner, Mr. Big, Cool, Mr. Crazy, Crazy World, Future, Original T. K. Cartridge), and 5 public schools. It is registered at Mumbai SE.
Thorough description on the company’s management, activities, financials, and competitors can be found in the report “Sundaram Multi Pap Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Sundaram Multi Pap Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Sep, 2011
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