Orient Paper & Industries Limited
 
 
 
 
Financial Year 2019-2020
April-June July-September October-December January-March
Financial Year 2018-2019
April-June July-September October-December January-March
Financial Year 2017-2018
April-June July-September October-December January-March
Financial Year 2016-2017
April-June July-September October-December January-March
Financial Year 2015-2016
April-June July-September October-December January-March
Financial Year 2014-2015
April-June July-September October-December January-March
Financial Year 2013-2014
April-June July-September October-December January-March
Financial Year 2012-2013
April-June July-September October-December January-March
Financial Year 2011-2012
April-June July-September October-December January-March
Financial Year 2010-2011
April-June July-September October-December January-March
Financial Year 2009-2010
April-June July-September October-December January-March
Financial Year 2008-2009
April-June July-September October-December January-March 
 
 
 
 
 
 
ORIENT PAPER & INDUSTRIES LTD.
[Regd. Office : Unit VIII, Plot 7, Bhoinagar, Bhubaneswar - 751012 (Orissa)]
 
Audited Financial Results for the year ended 31st March,2011
             
Sl. No. Particulars Nine months ended 31-12-2010
(Unaudited)
Three months ended 31-03-2011 (Unaudited) Corrosponding three months ended 31-03-2010(Unaudited) Current Accounting year ended 31-03-2011(Audited) PreviousAccounting year ended 31-03-2010
(Audited)
1 Gross Sales/Income from Operations 140339.48 77161.27 60110.30 217500.75 176854.39
  Less : Excise duty 14047.43 7555.78 5310.52 21603.21 14878.93
  (a)Net Sales/Income from Operations 126292.05 69605.49 54799.78 195897.54 161975.46
  (b) Other Operating Income 1662.06 1376.50 430.16 3038.56 987.14
  Total Income 127954.11 70981.99 55229.94 198936.10 162962.60
2 Expenditure 115823.95 58711.01 46198.95 174534.96 136740.51
  (a) Increase (-) / decrease (+) in Stock in trade and work-in-progress (5090.60) 5488.03 3759.29 397.43 (2768.11)
  (b) Purchase of Traded Goods 5363.44 3705.17 2771.49 9068.61 8295.58
  (c) Consumption of raw materials 40444.14 20479.75 14761.73 60923.89 48112.70
  (d) Consumption of Stores , Chemicals & Spares 4236.07 1858.45 1453.17 6094.52 5428.33
  (e) Power & Fuel 24543.41 8449.98 8156.12 32993.39 26797.03
  (f) Employees Cost 8691.26 3222.83 2747.58 11914.09 10784.84
  (g) Packing, Freight & Forwarding Charges (Net) 17405.30 8278.33 6048.04 25683.63 18866.26
  (h) Deferred Revenue Expenditure written off - - 58.00 - 232.05
  (I) Depreciation 5997.96 2150.24 1881.29 8148.20 5501.36
  (j) Other Expenditure 14232.97 5078.23 4562.24 19311.20 15490.47
3 Profit from Operations before Other Income, Interest & tax ( 1-2) 12130.16 12270.98 9030.99 24401.14 26222.09
4 Other Income 549.71 177.88 174.07 727.59 641.72
5 Profit before Interest & tax ( 3 + 4) 12679.87 12448.86 9205.06 25128.73 26863.81
6 Interest 2839.75 1337.86 1105.73 4177.61 3453.27
7 Profit after Interest but before tax (5-6) 9840.12 11111.00 8099.33 20951.12 23410.54
8 Tax Expenses          
  Current Tax 1,966.11 2273.86 4290.33 4239.97 4780.65
  MAT Credit (Entitlement ) / Reversal (405.00) 298.00 (3310.00) (107.00) (3311.24)
  Deferred Tax 1715.81 791.89 1635.12 2507.70 6010.25
9 Net Profit from Ordinary Activities after tax (7-8) 6563.20 7747.25 5483.88 14310.45 15930.88
10 Paid-up Equity Share Capital (Face Value per share : Re.1/-) 1928.76 1928.77 1928.67 1928.77 1928.67
11 Paid-up Debt Capital       10000.00 10000.00
12 Reserves excluding Revalution Reserve       85670.60 74733.94
13 Debenture Redemption Reserve (included in item 12 above)       4,875.00 4375.00
14 Erning per share (EPS) (Face value of Re.1 each))          
  Basic 3.40 4.02 2.84 7.42 8.26
  Diluted 3.40 4.01 2.84 7.41 8.26
15 Debt Equity Ratio       0.34 0.43
16 Debt Service Coverage Ratio       4.22 6.99
17 Interest Service Coverage Ratio       6.97 7.46
18 Aggregate of Public Shareholding          
  - Number of shares 128054848 128054848 128259273 128054848 128259273
  - Percentage of shareholding 66.39% 66.39% 66.50% 66.39% 66.50%
19 Promoters and Promoter Group Share Holding          
a) Pledged / Encumbered          
  Number of shares Nil Nil Nil Nil Nil
  Percentage of shares (as % of the total shareholding of          
  promoter and promoter group Nil Nil Nil Nil Nil
  Percentage of shares (as % of the total share capital of the company) Nil Nil Nil Nil Nil
             
b) Non- Encumbered          
  Number of shares 64829922 64829922 64625497 64829922 64625497
  Percentage of shares (as % of the total shareholding of          
  promoter and promoter group) 100% 100% 100% 100% 100%
  Percentage of shares (as % of the total share capital of the company) 33.61% 33.61% 33.50% 33.61% 33.50%
Notes :-
1 The Board recommends a dividend of Rs 1.50 per share (150 %) on equity shares of the Company. The Board also recommends dividend on preference shares @ 6% for the current year.
 
2 Pursuant to the Scheme of Amalgamation as approved by the shareholders of the Company and the Hon?ble High Court at Calcutta by an order dated 22nd November 2010, OPI Export Ltd. , a wholly owned subsidiary of the company , has been merged with the company w.e.f. 1st April, 2010.s
3 Ratios have been computed as follows:
  Debt Service Coverage Ratio = Earning before interest, depreciation, tax and exceptional items / [interest expenses (including interest capitalised)+ principal repayment ]
  Interest Service Coverage Ratio = Earning before interest, depreciation , tax and exceptional items / interest expenses(including interest capitalised).
  Debt represents long term loans / debentures.
  Equity represents Issued, Subscribed and Paid up Share Capital and Reserves & Surplus ( excluding revaluation reserve).
4 Paid up Debt Capital represents listed Debentures.
 
5 Provision against demand for Water Tax, which has been referred to by the auditors in their report on accounts for the year ended 31st March, 2011, has been paid / provided to the extent of liablity admitted by the Company for the period upto April,2009 i.e. the period prior to new agreement effective from May,2009 entered into with the Water Resources Department. No provision against the balance demand of Rs. 17076.58 lacs has been made since the Company's application for waiver thereof is under consideration by the government of Madhya Pradesh.
6 During the quarter, the Company has allotted 1,20,00,000 share warrants on a preferential basis to certain promoter group companies on 18th March 2011. Each warrant is convertible (at the sole option of the warrant holder) into one equity share of Re 1/- each at a price of Rs. 57.25 per share at any time within a period of 18 months from the date of allotment. Further, the Company has received 25% amount against each such warrant.
7  
8 There were no exceptional and extraordinary items during the quarter / year ended 31st March,2011.
9 Previous period figures have been recasted/regrouped wherever necessary.
10 The above results were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on 27th April, 2011.
 
Statement of Assets and Liablities:
Particulars ORIENT PAPER & INDUSTRIES LTD
AUDITED
As at 31st March 2011 As at 31st March 2010
     
SHAREHOLDERS' FUNDS:     
(a)  Share Capital 2028.77 2028.67
(b)  Share Warrants 1717.5 -
(b)  Reserves & Surplus  86515.97 75640.20
     
LOANS FUNDS  54395.58 51351.73
     
DEFERRED PAYMENT LIABILITIES 197.04 273.04
     
DEFERRED TAX LIABILITY (Net) 13535.51 11027.81
Total  158390.37 140321.45
     
Less : CURRENT LIABILITIES & PROVISIONS    
(a) Current Liabilities 28205.16 23463.23
(b) Provisions 6825.59 8069.47
Sub Total 35030.75 31532.70
NET CURRENT ASSETS 25635.48 18340.64
TOTAL 158390.37 140321.45
 
Segment wise Revenue, Results and Capital Employed under Clause 41 of the Listing Agreement (Rs. In lacs )
Sl. No. Particulars Nine months ended 31-12-2010
(Unaudited)
Three months ended 31-03-2011
(Unaudited)
Corrosponding three months ended 31-03-2010
(Unaudited)
Current Accounting year ended 31-03-2011
(Unaudited)
PreviousAccounting year ended 31-03-2010(Unaudited)
1 Segment Revenue :          
  a) Cement 69900.15 33423.98 27402.81 103324.13 89475.79
  b) Paper & Board 17964.19 9772.29 7859.35 27736.48 23938.18
  c) Electrical Consumer Durables 38006.21 26220.00 19387.52 64226.21 48084.92
  d) Others 421.50 189.22 150.10 610.72 476.57
  Total 126292.05 69605.49 54799.78 195897.54 161975.46
  Less : Inter Segment Revenue - - - - -
  Net Sales/Income from Operations 126292.05 69605.49 54799.78 195897.54 161975.46
             
2 Segment Results : (Profit (+)/Loss(-) before interest 2& Tax from each segment) :          
  a) Cement 12952.01 10358.67 7556.78 23310.68 25390.60
  b) Paper & Board - Amlai (2036.80) (812.84) (947.54) (2849.64) (3596.11)
  - Brajrajnagar * (355.99) (124.24) (190.28) (480.23) (716.36)
    (2392.79) (937.08) (1137.82) (3329.87) (4312.47)
  c) Electrical Consumer Durables 2638.62 3092.53 2810.89 5731.15 6174.52
  d) Others 50.89 19.90 (6.23) 70.79 26.17
  Total 13248.73 12534.02 9223.62 25782.75 27278.82
  Less :          
  (i) Interest 2839.75 1337.86 1105.73 4177.61 3453.27
  (ii) Other un-allocable expenditure net of un-allocable income 568.86 85.16 18.56 654.02 415.01
  Profit Before Tax 9840.12 11111.00 8099.33 20951.12 23410.54
3 Capital Employed :          
  a) Cement 94925.21 93600.01 88877.62 93600.01 88877.62
  b) Paper & Board 32788.45 32733.64 28858.71 32733.64 28858.71
  c) Electrical Consumer Durables 15730.61 20493.06 14374.96 20493.06 14374.96
  d) Others 106.63 98.99 134.97 98.99 134.97
  Total 143550.90 146925.70 132246.26 146925.70 132246.26
             
  NEW DELHI
27th April,2011
        By Order of the Board for
ORIENT PAPER & INDUSTRIES LTD.

 
            M.L.PACHISIA
(Managing Director)
 
 
 
 

NEWS

18/10/2019
NOTICE is hereby given pursuant to Regulation 29 read with Regulation 47 of SEBI(Listing Obligations Disclosure Requirements) Regulations,2015 that the Meeting of the Board of Directors of the Company scheduled to be held on Wednesday, 23rd October,2019, inter-alia to consider and approve the Unaudited Financial Results of the Company for the quarter ended 30th September,2019 has been rescheduled to be held on Wednesday, 13th November,2019. The information contained in the Notice is also available on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com
26/09/2019
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Wednesday, the 23rd October, 2019 inter alia to consider Unaudited Financial Results of the Company for the quarter ended 30th September, 2019 subject to ‘Limited Review’ by the Auditors of the Company. The said Notice may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
06/08/2019
NOTICE is hereby given pursuant to Regulation 29 read with Regulation 47 of SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 that the Meeting of the Board of Directors of the Company scheduled to be held on Wednesday, 14th August,2019, inter-alia to consider and approve the Unaudited Financial Results of the Company for the quarter ended 30th June,2019 has been rescheduled to be held on Tuesday, 13th August,2019. The information contained in the Notice is also available on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com
02/08/2019
NOTICE is hereby given that Unaudited Financial Results of the Company for the quarter ended 30th June,2019 were not considered by the Board of Directors of the Company at its meeting held on 1st August,2019. A meeting of the Board of Directors of the Company has been convened to be held on Wednesday, the 14th August,2019 inter alia to consider Unaudited Financial Results of the Company for the quarter ended 30th June,2019 subject to ‘Limited Review’ by the Auditors of the Company. The said Notice may be accessed on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
17/07/2019
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Thursday , the 1st August,2019 inter alia to consider Unaudited Financial Results of the Company for the quarter ended 30th June,2019 subject to ‘Limited Review’ by the Auditors of the Company. The said Notice may be accessed on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com
09/04/2019
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Thursday, the 2nd May, 2019 inter alia to consider draft Annual Report & Accounts of the Company for the year ended 31st March, 2019 and declaration of Dividend if any.The said Notice may be accessed on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
14/03/2019
Shareholders, Beneficial Owners, Depository Participants and all concerned are hereby informed that the Company has appointed M/s. Karvy Fintech Private Limited (Karvy) as the new Registrar and Share Transfer Agent in place of MCS Share Transfer Agent Ltd. All documents / correspondence relating to transfer of shares, change of address (physical shares) issue of duplicate shares, claim of unpaid dividend, dematerialization of shares etc. pertaining to shares and securities of the Company may besent to Karvy at the address mentioned below:M/s. Karvy Fintech Private LimitedUnit: ORIENT PAPER & INDUSTRIES LTD.Karvy Selenium Tower BPlot 31-32, GachibowliFinancial District NanakramgudaHyderabad-500 032Contact Details at Karvy:Toll Free No.18003454001Email: einward.ris@karvy.comWebsite: www.karvyfintech.com
24/01/2019
The Board of Directors of the company at its meeting held on 23rd January,2019 inter-alia recommended the payment of Interim dividend @ Re.0.50 (50%) on 21,21,85,502 equity shares of Re.1/- each. In this connection 2nd February, 2019 has been fixed as record date for the purpose of payment of Interim Dividend.
08/01/2019
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Wednesday , the 23rd January, 2019 inter alia to consider Unaudited Financial Results of the Company for the quarter ended 31st December, 2018, subject to ‘Limited Review’ by the Auditors of the Company.The said Notice may be accessed on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
05/10/2018
NOTICE is hereby given thata Meeting of the Board of Directors of the Company has been convened to be held onWednesday,the 31st October,2018 inter alia to consider Unaudited Financial Results of the Company for the quarter ended 30th September,2018,subject to‘Limited Review’by the Auditors of the Company.The said Notice may be accessed on the Company’s website at http://orientpaperindia.com & may also be accessed on the Stock Exchange websites at http://www.bseindia.com & http://www.nseindia.com
16/04/2018
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Wednesday, the 2nd May, 2018 inter alia to consider draft Annual Report & Accounts of the Company for the year ended 31st March, 2018 and declaration of Dividend if any. The said Notice may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
 
Key Financial Highlights (Quarter ended 30-09-2019)
  • Total income Rs. 16265 lacs as against Rs. 19692 lacs last year.
  • PBIDT Rs. 2267 lacs as against Rs. 5024 lacs last year.
  • Profit before tax Rs. 1307 lacs as against Rs. 3960 lacs last year.
  • Profit after tax Rs. 1155 lacs as against Rs. 2970 lacs last year.
Copyright © 2007-2008 ORIENT PAPER & INDUSTRIES LTD.