AMJ Land Holdings Ltd
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BSE Code:
500343
NSE Code:
AMJLAND
Business Profile
Business Profile
Pudumjee Pulp & Paper Mills (PDUMJEPU) is engaged in the manufacture and sale of specialty papers. It was incorporated on Nov. 19, 1964.
The company`s product range includes greaseproof and glassine papers for packaging; coated art and chromo paper; super calandered paper like glassine paper, opaque laminating base, S/C Kraft paper, and release base paper; security papers; industrial papers like grease proof paper, imitation parchment, parchmentine, packing tissue, and twist wrap paper; laminating base paper like barrier, overlay, Mysore teak, and gold rust; and other specialties like yellow interleaving, interleaving Kraft, foam base, bactite, wax match, creamvo paper, maplitho, sack Kraft, absorbent Kraft, and floroscent Kraft paper. These find application in the food packaging, lamination, matches, wrapping, printing, and other industries.
The manufacturing facilities are located in Thergaon, Pune with an installed capacity of 38,500 MTPA of specialty papers. The registered office of the company is located at Thergaon, Pune, Maharashtra-411033.
Financials
Pudumjee Pulp & Paper Mills registered a profit of Rs 7.7 million for the quarter ended September 2007.
It recorded a net sales of Rs 413.9 million for the quarter.
Total income was Rs 415.7 million for the quarter ended September 2007.
The diluted earnings per share (EPS) of the company stood at Rs 0.76 for the quarter ended September 2007.
Future Plans
The company intends to commence business of real estate development by initially developing the company`s land of about 49,000 sq.m. at Thergaon, Pune jointly with another developer of repute, for which purpose plans are under consideration, subject to all regulatory compliances. The company plans to introduce additional security features in the paper produced. It will also identify new specialty chemicals to reduce the input costs.