- Business
- Malu Paper Mills Limited is an India-based company engaged in the manufacturing of recycled paper products, with a focus on newsprint, writing and printing paper, and kraft paper. The company operates three manufacturing plants in Nagpur, Central India, with a combined production capacity of approximately 49,500 tons per annum. Its core product portfolio includes MG Kraft paper (PM1 and PM2), Newsprint (PM3), Writing and Printing paper (PM3), exercise note paper, medium fluting, and test liner kraft papers. The company also exports its newsprint products to various international markets, including Europe, Asia, Africa, China, and Central and South America. Founded in 1994, Malu Paper Mills is headquartered in Nagpur, Maharashtra.
In terms of recent developments, Malu Paper Mills has experienced operational and financial challenges, including consecutive quarterly losses and a decline in revenue over the recent years, reflecting pressures in the market environment. The company continues to maintain its manufacturing and export activities despite these challenges. In 2025, key board-level changes were made, including the reappointment of independent directors and engagement of secretarial auditors for future fiscal years, indicating governance strengthening efforts. However, there are no publicly disclosed major product launches, acquisitions, or strategic alliances reported within the last 1-2 years.
Malu Paper Mills serves paper manufacturing and packaging industry segments, targeting customers requiring eco-friendly recycled paper products for printing, packaging, and industrial use. The company is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker MALUPAPER. Its legacy as a family-founded enterprise underpins its market position in Central India, supported by a diversified business group including coal trading, electrodes, steel and alloy, and rice.
Overall, Malu Paper Mills Limited remains a key player in the recycled paper manufacturing sector in India, offering a variety of paper grades tailored for newsprint, writing, printing, and packaging applications, while navigating recent economic pressures and focusing on governance and operational stability.
This description reflects the latest verified product and corporate information available as of late 2025.