Consolidated figures · ₹ crore
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| 286 | 582 | 722 | 712 | 863 | |
| COGS | 189 | 425 | 525 | 500 | 614 |
| Gross profit | 96 | 157 | 197 | 212 | 249 |
| 71 | 106 | 165 | 153 | 181 | |
| 26 | 52 | 32 | 59 | 68 | |
| OPM % | 9% | 8.9% | 4.5% | 8.3% | 7.9% |
| Depreciation | 13 | 16 | 27 | 26 | 29 |
| Interest | 4 | 6 | 19 | 32 | 38 |
| 1 | 0 | 2 | 2 | 2 | |
| Profit before tax | 10 | 29 | -11 | 3 | 3 |
| Tax | 2 | 4 | 0 | -1 | -0 |
| Tax % | 24.2% | 12.5% | 3.7% | -18.5% | -1% |
| 8 | 26 | -12 | 3 | 3 | |
| PAT margin % | 2.7% | 4.4% | -1.6% | 0.5% | 0.3% |
| EPS (₹) | 0.3 | 1 | -0.5 | 0.1 | 0.1 |
| EPS adjusted (₹) | 0.3 | 1 | -0.3 | 0.1 | 0.1 |
| Annual report | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 |
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Equity capital | 26 | 26 | 26 | 41 | 41 | 49 |
| Reserves | — | 339 | 456 | 441 | 447 | 467 |
| Minority interest | — | — | — | 0 | — | — |
| — | 52 | 204 | 283 | 334 | 399 | |
| 132 | 91 | 109 | 179 | 197 | 205 | |
| Total equity & liabilities | 158 | 508 | 794 | 943 | 1,019 | 1,119 |
| 196 | 199 | 398 | 536 | 601 | 621 | |
| CWIP | — | 41 | 58 | 5 | 6 | 22 |
| Investments | — | 73 | 65 | 61 | 65 | 83 |
| — | 195 | 273 | 342 | 347 | 393 | |
| Total assets | 158 | 508 | 794 | 943 | 1,019 | 1,119 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| 50 | 50 | 13 | 73 | 41 | |
| -28 | -185 | -110 | -100 | -48 | |
| 19 | 143 | 49 | 27 | -2 | |
| Net cash flow | 41 | 7 | -48 | 1 | -9 |
| Free cash flow | 6 | -182 | -98 | -20 | -24 |
| CFO / Operating profit % | 194.4% | 96.1% | 40.6% | 125% | 59.9% |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2025 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Paper Business | 850.78 | 43.73 | 984.35 | 1,039.52 | — | — |
| Coke Business | 14.24 | -2.35 |
| 51.51 |
| 51.51 |
| — |
| — |
| Strategic Investment Activity | 0 | -0.07 | 83.11 | 27.95 | 55.16 | -0.13 |
₹ crore by fiscal year