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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 173 | 174 | 203 | 250 | 252 | 184 | 291 | 408 | 405 | 406 | 356 | |
| COGS | -89 | -91 | -89 | -111 | -101 | 72 | 116 | 162 | 149 | 167 | 161 |
| Gross profit | — | — | — | — | — | 112 | 175 | 246 | 256 | 239 | 195 |
| 238 | 236 | 253 | 317 | 300 | 80 | 110 | 162 | 170 | 162 | 153 | |
| 25 | 30 | 39 | 45 | 53 | 32 | 65 | 85 | 86 | 76 | 42 | |
| OPM % | 14.2% | 16.9% | 19.3% | 17.9% | 21.1% | 17.5% | 22.4% | 20.7% | 21.1% | 18.8% | 11.9% |
| Depreciation | 7 | 7 | 6 | 9 | 10 | 10 | 10 | 13 | 14 | 16 | 17 |
| Interest | 15 | 14 | 13 | 17 | 13 | 11 | 9 | 11 | 9 | 10 | 11 |
| — | — | 2 | 6 | 9 | 11 | 8 | 12 | 10 | 17 | 11 | |
| Profit before tax | 4 | 10 | 22 | 25 | 40 | 23 | 54 | 72 | 73 | 67 | 25 |
| Tax | 2 | 3 | 10 | 4 | 12 | 6 | 15 | 21 | 24 | 10 | 7 |
| Tax % | 34.4% | 33.5% | 43.7% | 16.6% | 30.2% | 27.1% | 28.9% | 28.8% | 33% | 15.6% | 28% |
| 3 | 6 | 12 | 21 | 28 | 17 | 38 | 51 | 49 | 57 | 18 | |
| PAT margin % | 1.6% | 3.7% | 6.2% | 8.3% | 10.9% | 9.1% | 13.1% | 12.6% | 12% | 14% | 5.1% |
| EPS (₹) | 1 | 2 | 3.7 | 5.9 | 7.8 | 4.4 | — | 13.5 | 12.6 | 13.5 | 4 |
| EPS adjusted (₹) | — | 2.1 | 3.5 | 5.9 | 7.8 | 4.7 | 10.8 | 13.5 | 12.4 | 12.6 | 4 |
| 0% | 0% | 0% | 17% | 12.8% | 22.8% | — | 17.8% | 0% | 0% | — | |
| 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 30 | 35 | 35 | 35 | 35 | 35 | 38 | 39 | 45 | 45 |
| Reserves | 20 | 38 | 58 | 81 | 95 | 132 | 175 | 226 | 443 | 461 |
| 91 | 124 | 104 | 81 | 94 | 104 | 103 | 182 | 202 | 458 | |
| 30 | 72 | 73 | 60 | 38 | 55 | 62 | 71 | 78 | 187 | |
| Total equity & liabilities | 171 | 268 | 271 | 258 | 262 | 327 | 378 | 518 | 768 | 1,152 |
| 93 | 162 | 168 | 167 | 168 | 177 | 197 | 197 | 206 | 205 | |
| CWIP | 0 | 2 | 0 | 5 | 6 | 18 | 17 | 35 | 140 | 555 |
| Investments | 0 | 0 | 0 | 0 | 0 | 4 | 9 | 7 | 24 | 72 |
| 78 | 104 | 103 | 86 | 88 | 128 | 155 | 279 | 397 | 321 | |
| Total assets | 171 | 268 | 271 | 258 | 262 | 327 | 378 | 518 | 768 | 1,152 |
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 & Pulp | 303.55 | 38.37 | 1,094.92 | 542.57 | 552.35 | 6.95 |
| Others | 63.23 | -10.84 |
| ₹ Cr | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| 22 | 48 | 51 | 55 | 27 | 35 | 56 | 54 | 23 | 74 | |
| -36 | -47 | -15 | -16 | -12 | -33 | -41 | -76 | -191 | -366 | |
| 17 | -8 | -35 | -39 | -16 | 2 | -18 | 74 | 180 | 245 | |
| Net cash flow | — | — | — | — | -0 | 3 | -3 | 53 | 12 | -47 |
| Free cash flow | -14 | 2 | 35 | 55 | 14 | 6 | 23 | 8 | -154 | -281 |
| CFO / Operating profit % | 76.1% | 123.6% | 113.2% | 103.5% | 85.1% | 53.6% | 65.9% | 63.6% | 30.6% | 174.9% |
| 56.01 |
| 79.64 |
| — |
| — |
₹ crore by fiscal year