South India Paper Mills has been assigned a long term rating of BBB+ with stable outlook for the term loan and fund based working capital limits from credit rating agency, ICRA. Further, the rating agency has also assigned short term rating of A2+ rating to the company’s non fund based limits.
The company is engaged in the manufacture of paper and paper products. It is also engaged in the generation of power. The company operates in two segments: Paper & Paper Products and Power. Its products include Kraft liners / Test liners, MG Kraft Paper, MF Printing and Writing & Newsprint.
