Standalone figures · ₹ crore · years without a filed annual are summed from quarters
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 316 | 309 | 350 | 431 | 254 | 286 | 440 | 655 | 651 | 849 | 940 | |
| COGS | -238 | -231 | -236 | -289 | 159 | 189 | 326 | 473 | 447 | 604 | 665 |
| Gross profit | — | — | — | — | 95 | 96 | 114 | 182 | 204 | 245 | 275 |
| 527 | 518 | 553 | 690 | 68 | 71 | 91 | 158 | 148 | 177 | 196 | |
| 26 | 22 | 33 | 30 | 27 | 26 | 22 | 24 | 56 | 68 | 79 | |
| OPM % | 8.2% | 7% | 9.4% | 7% | 10.7% | 9% | 5.1% | 3.7% | 8.6% | 8% | 8.4% |
| Depreciation | 12 | 12 | — | 13 | 13 | 13 | 13 | 25 | 23 | 26 | 23 |
| Interest | 6 | 6 | 6 | 9 | 5 | 4 | 3 | 14 | 27 | 35 | 41 |
| 4 | 4 | 4 | 4 | 0 | 1 | 0 | 0 | 0 | 2 | 1 | |
| Profit before tax | 9 | 9 | 23 | 12 | 9 | 10 | 6 | -14 | 6 | 8 | 15 |
| Tax | 4 | 2 | 8 | 4 | -0 | 2 | -2 | -0 | 0 | 0 | 0 |
| Tax % | 45.5% | 26% | 33.8% | 33.3% | -3.9% | 24.2% | -35.8% | -1.8% | 0.2% | 1.3% | 1.2% |
| 5 | 7 | 15 | 8 | 9 | 8 | 8 | -14 | 6 | 8 | 15 | |
| PAT margin % | 1.5% | 2.3% | 4.3% | 1.8% | 3.5% | 2.7% | 1.9% | -2.1% | 0.9% | 1% | 1.6% |
| EPS (₹) | 0.2 | — | 0.6 | 0.3 | 0.4 | 0.3 | 0.3 | -0.5 | 0.2 | 0.3 | 0.6 |
| EPS adjusted (₹) | — | — | — | — | 0.4 | 0.3 | 0.3 | -0.3 | 0.1 | 0.2 | 0.4 |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | 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 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 26 | 26 | 26 | 41 | 41 | 41 | 41 |
| Reserves | — | 340 | 439 | 423 | 431 | 455 | 466 |
| — | 34 | 172 | 257 | 313 | 371 | 440 | |
| 186 | 54 | 94 | 149 | 191 | 205 | 199 | |
| Total equity & liabilities | 211 | 453 | 731 | 870 | 976 | 1,071 | 1,146 |
| 209 | 199 | 354 | 495 | 563 | 585 | 590 | |
| CWIP | — | 1 | 58 | 5 | 6 | 22 | 65 |
| Investments | — | 83 | 77 | 74 | 77 | 87 | 0 |
| 3 | 169 | 241 | 297 | 330 | 378 | 491 | |
| Total assets | 211 | 453 | 731 | 870 | 976 | 1,071 | 1,146 |
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 16 | 10 | 9 | 41 | 32 | 21 | 69 | 45 | 61 | |
| 5 | -31 | -10 | 1 | -179 | -110 | -102 | -48 | -69 | |
| -20 | 6 | -16 | -1 | 139 | 58 | 35 | 0 | 23 | |
| Net cash flow | 2 | -14 | -16 | 41 | -7 | -32 | 3 | -3 | 14 |
| Free cash flow | — | — | — | 36 | -193 | -91 | -24 | -20 | -10 |
| CFO / Operating profit % | 75.1% | 31% | 32.7% | 157.7% | 146% | 85% | 123.9% | 65.8% | 76.9% |
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 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Paper Business | 940.11 | 55.86 | 1,076.51 | 1,121.67 | — | — |
| Strategic Investment Activity | 0.36 | 0.29 |
| 69.17 |
| 24.01 |
| 45.16 |
| 0.64 |
₹ crore by fiscal year