About Pakka Limited

Pakka Limited, originally incorporated in 1981 as Yash Papers, is a pioneer in sustainable packaging solutions in India. The company began with low-grammage kraft paper production and gradually evolved into a leading manufacturer of bagasse-based pulp, paper, compostable tableware, and compostable and recyclable flexible packaging. In 2023, it rebranded from Yash Pakka to Pakka Limited to reflect its broader vision of regenerative packaging.

Headquartered in Ayodhya, Uttar Pradesh, Pakka operates an integrated facility that utilises sugarcane waste (bagasse) to produce pulp, paper, and moulded products. The company’s product portfolio includes food wrap & carry paper, compostable tableware, and flexible packaging, widely used by leading food service, FMCG, and retail brands.

As of March 31, 2025, Pakka reported consolidated revenue of Rs 406.04 crore and profit after tax of Rs 56.70 crore. The company generated 69% of its revenue from domestic operations and 31% from exports across 31 countries. Its client base includes leading names such as Borosil, Haldiram’s, Chai Point, Taco Bell, Lite Bite Foods, and Blinkit.

The company’s integrated operations include three paper machines with a capacity of 39,100 TPA, a bagasse-based pulp mill of 130 TPD, and 140 production lines for compostable tableware with 14.5 TPD capacity. It also runs biomass-based power plants and a chemical recovery unit, ensuring sustainable and cost-efficient operations.

Pakka’s subsidiaries include Pakka Inc. (USA), Pakka Pte Ltd. (Singapore), and Pakka Impact Ltd. (India).

Pakka Limited’s Business Segments

The company operates in two primary segments:

• Paper, Pulp and Other Products: Generating Rs 36,656.47 lakh in FY25.

• Moulded Products: Generating Rs 5,664.60 lakh in FY25.

• Exports: Contributed 31% of total revenue in FY25.

Pakka Limited’s Key Management

The key management team includes:

• Mr. Ved Krishna, Managing Director

• Mr. Gautam Ghosh, Executive Director

• Mrs. Manjula Jhunjhunwala, Director

• Mrs. Kimberly Ann McArthur, Director

• Mr. Himanshu Kapoor, Non-Executive Director

• Mr. Basant Kumar Khaitan, Independent Director

• Mr. Rahul Krantikumar Dharmadhikary, Independent Director

• Mr. Alok Ranjan, Independent Director

• Mrs. Ann Kay Warrington, Independent Director

• Mrs. Dinika Bhatia, Independent Director

• Mrs. Neetika Suryawanshi, Chief Financial Officer

• Mr. Sachin Kumar Srivastava, Company Secretary & Legal Head

Latest Updates on Pakka Limited

• Financial Performance: Reported revenue of Rs 406.04 crore in FY25 compared to Rs 408.31 crore in FY24, with PAT of Rs 56.70 crore.

• Exports: Achieved 31% of revenue from exports, with a 22% year-on-year increase.

• Project Jagriti: Expanded paper machine (PM3) to 80 TPD and advanced installation of PM4 (100 TPD flexible base paper) with European technology partners.

• Capacity Expansion: Bagasse sourcing secured for future expansions, targeting ~USD 250 million annual revenues post commissioning.

• Sustainability: Achieved an additional 10% reduction in groundwater use and continued progress in compostable packaging solutions.

• Capital Structure: Paid-up share capital rose to Rs 44.95 crore in October 2024 after equity allotments under the Pakka Team Stock Option Plan 2021.

• Governance: Proposed merger of Pakka Impact Limited into Pakka Limited to streamline group structure.

• Credit Rating: CARE Ratings reaffirmed long-term rating at BBB; Stable and short-term rating at A3+.