| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,418 | 3,064 | 3,125 | 4,083 | 3,471 | 2,768 | 4,020 | 5,180 | 4,693 | 4,491 | 4,645 | |
| COGS | -146 | -297 | 1,613 | 2,038 | 1,560 | 1,296 | 2,096 | 2,109 | 2,022 | 2,250 | 2,369 |
| Gross profit | — | — | 1,513 | 2,045 | 1,911 | 1,473 | 1,924 | 3,071 | 2,671 | 2,241 | 2,276 |
| 1,984 | 2,632 | 1,108 | 1,395 | 1,303 | 1,212 | 1,566 | 2,069 | 1,901 | 1,813 | 1,795 | |
| 579 | 729 | 405 | 649 | 608 | 260 | 358 | 1,003 | 770 | 428 | 481 | |
| OPM % | 24% | 23.8% | 13% | 15.9% | 17.5% | 9.4% | 8.9% | 19.4% | 16.4% | 9.5% | 10.4% |
| Depreciation | 139 | 208 | 222 | 227 | 231 | 235 | 229 | 264 | 291 | 304 | 313 |
| Interest | 139 | 252 | 245 | 233 | 223 | 193 | 156 | 182 | 223 | 216 | 193 |
| 17 | 37 | 34 | -34 | 36 | 70 | 49 | 46 | 69 | 97 | 76 | |
| Profit before tax | 317 | 306 | -28 | 155 | 191 | -99 | 22 | 603 | 325 | 5 | 51 |
| Tax | 63 | 42 | 14 | 61 | 61 | -34 | 8 | 215 | 117 | 2 | -197 |
| Tax % | 20% | 13.6% | 50.6% | 39.2% | 31.8% | -34% | 35% | 35.7% | 35.9% | 29.6% | -389.6% |
| 254 | 265 | -42 | 94 | 130 | -65 | 14 | 388 | 208 | 4 | 248 | |
| PAT margin % | 10.5% | 8.6% | -1.4% | 2.3% | 3.8% | -2.4% | 0.4% | 7.5% | 4.4% | 0.1% | 5.3% |
| EPS (₹) | 36.7 | 38.2 | -6.1 | 13.6 | 18.8 | -9.4 | 2.1 | 56 | 30.1 | 0.5 | 35.8 |
| EPS adjusted (₹) | 36.6 | 38.1 | -6.1 | 13.6 | 18.7 | -9.4 | 2.1 | 55.9 | 30 | 0.5 | 35.7 |
| 20.4% | 19.6% | — | 55% | 31.9% | — | 193.2% | 8.9% | 13.3% | 555.6% | 11.2% | |
| 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 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 |
| Reserves | 1,194 | 1,635 | 1,534 | 1,582 | 1,644 | — | 1,520 | 1,875 | 2,020 | 2,018 | 2,247 |
| 1,883 | 2,395 | 1,959 | 1,530 | 1,779 | — | 2,223 | 1,071 | 1,796 | 1,592 | 1,599 | |
| 1,461 | 1,535 | 1,963 | 2,350 | 2,085 | — | 1,963 | 3,108 | 2,159 | 2,204 | 2,295 | |
| Total equity & liabilities | 4,608 | 5,634 | 5,525 | 5,531 | 5,577 | — | 5,774 | 6,123 | 6,045 | 5,883 | 6,210 |
| 2,430 | 4,094 | 4,066 | 3,883 | 3,707 | 3,493 | 3,280 | 4,456 | 4,295 | 4,099 | 3,880 | |
| CWIP | 631 | 59 | 18 | 14 | 62 | — | 1,357 | 20 | 16 | 55 | 473 |
| Investments | 1 | 1 | 1 | 1 | 0 | — | 6 | 6 | 6 | 6 | 5 |
| 1,546 | 1,481 | 1,440 | 1,633 | 1,807 | — | 1,131 | 1,641 | 1,729 | 1,723 | 1,852 | |
| Total assets | 4,608 | 5,634 | 5,525 | 5,531 | 5,577 | — | 5,774 | 6,123 | 6,045 | 5,883 | 6,210 |
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 & Paper Board | 4,630.66 | 151.82 | 5,505.82 | 2,398.51 | 3,107.31 | 4.89 |
| Energy | 542.84 | -4.73 |
| ₹ Cr | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 833 | 819 | 241 | 423 | 1,111 | 809 | 419 | 570 | 596 | |
| -115 | -47 | -207 | -682 | -353 | -104 | -136 | -162 | -387 | |
| -574 | -849 | -36 | 333 | -760 | -652 | -270 | -493 | -161 | |
| Net cash flow | — | — | — | 74 | -2 | 53 | 14 | -86 | 48 |
| Free cash flow | — | — | — | -262 | 754 | 701 | 277 | 396 | 199 |
| CFO / Operating profit % | 205.7% | 126.1% | 39.7% | 162.5% | 310% | 80.7% | 54.5% | 133.2% | 123.9% |
| 675.07 |
| 253.41 |
| 421.66 |
| -1.12 |
₹ crore by fiscal year