Orient Paper & Industries Ltd

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Strong financials• Orient has funded its expansions mostly through internally generated resources andcontinues to maintain a healthy debt-equity ratio of 0.7 and debt service coverage ratio(DSCR).Low cost cement productionOPIL is one of India’s lowest cost cement producers trading at $ 71 EV/ tn and currently produces5mpta with 3 mtpa from AP plant and 2 mtpa from Jalgaon plant. The products produced in thisplants are Portland Pozzolana cement (PPC) and Ordinary Portland Cement (OPC) having brandproducts namely Birla A1 premium cement (PPC) and Orient Gold Cement (OGC)Advantages for paper industryPaper prices dropped 6–10% in 2009-10. However, domestic and international prices started toimprove since March 2010. The domestic demand for paper is expected to receive a boost from thecensus and UID initiatives. The company is one of India’s largest producers of tissue paper andconsidered the industry benchmark for note book paperThe company’s paper portfolio consists of brands such as:• ‘Diamond touch’ (writing and printing papers)• ‘Orient’ (photocopying paper)• ‘1st Choice’ (note books and stationeries)
Electrical divisionThe company is the largest manufactures of electrical fans in India and has the largest share inexporting the fans. The company’s brand includes Orient PSPO fans and Orient CLO (CFL).The company’s electrical portfolio consists of:• Electrical fans• Compact fluorescent lighting (CFL)• Fluorescent tube lamp (FTL)• LuminariesReduce in water consumption in paper productionThe company has been able to reduce its water consumption from 8 million gallons per day to 6million gallons per day through greater recycling. Work is on hand to further reduce this to 5million gallons per day according to the company’s annual reports.Sources: Ace Equity, Company Annual Reports, ANS Research
Page 1 and 2: Orient Paper & Industries Ltd.13 th
Page 3 and 4: . OutlookThe company is planning to
Page 5 and 6: FINANCIAL HIGHLIGHTS2,500.002,000.0
Page 7 and 8: CASH FLOW(IN CRORES)Particulars Mar
Page 9: POSITIVESDiversified portfolioThe c
Page 13 and 14: RecommendationsAt current market pr

Orient Paper & Industries Ltd

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