Security Papers Limited.

Security Papers Limited.

PPSX:SEPL
129.94
PKR
-1.12
(-0.85%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Imran Qureshi
Full Time Employees
200
Sector
Process industries
Industry
Pulp & paper
Address
Karachi Pakistan
IPO Date
May 25, 1994
Business
Security Papers Limited is a Pakistan-based manufacturer specializing in the production of high-security anti-counterfeit paper for currency banknotes, financial instruments, and government documentation. Established in 1965 and headquartered in Karachi, Pakistan, the company operates as a strategic supplier affiliated with the Pakistan Security Printing Corporation (Pvt.) Limited. Security Papers Limited manufactures a comprehensive portfolio of security substrate products utilizing indigenous cotton comber and textile cuttings, categorized into: Banknote Paper, featuring advanced security attributes such as three-dimensional tonal variation cylinder mould watermarks, embedded and windowed security threads, and visible or invisible fluorescent fibers; Financial Instrument Papers, including chemical-sensitized fraud-resistant cheque paper, prize bond paper, share certificate paper, and government savings certificate paper; Legal and Official Document Papers, comprising judicial and non-judicial stamp papers, national identity card paper, driving license paper, and passport paper; and Institutional Document Papers, encompassing high-security degree and diploma certificate paper for educational boards and universities, ballot paper for electoral processes, and customized corporate bond papers incorporating bespoke organizational watermarks and security insignia. The company operates integrated pulp and paper manufacturing mills located at Malir Halt in Karachi, primarily serving institutional and sovereign entities including central banking authorities, security printers, commercial banks, government departments, and educational institutions across Pakistan. In recent strategic developments, Security Papers Limited initiated a comprehensive plant modernization and capacity enhancement project with an approved capital outlay of PKR 3.4 billion; awarded an international technology and equipment upgrade contract valued at EUR 8.297 million to Germany-based Giesecke+Devrient (G+D) to overhaul and modernize its primary PM-2 paper manufacturing line; and achieved record financial performance driven by expanded production volumes for banknote and electoral papers alongside balance sheet optimization through the settlement of long-term lease liabilities.