Announced Fri, 7 Nov · 18:54 IST

Outcome of Board Meeting

Auditor Mid Year ChangeNegative Operating CashflowEbitda Margin CompressionResults View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

B&A Packaging India reported Q2 FY26 revenue of Rs 4,080.33 lakhs, up about 13.8% from Rs 3,584.73 lakhs in Q2 FY25. Half-year (H1 FY26) revenue rose 7.6% to Rs 7,568.29 lakhs, but profit before tax for the half-year fell sharply from Rs 909.01 lakhs to Rs 660.56 lakhs, and profit after tax dropped about 24% to Rs 489.52 lakhs. Paper Sacks remained the bigger and faster-growing segment, while Flexible Laminates saw slower growth. Operating cash flow turned negative at Rs (310.54) lakhs for H1 FY26 versus Rs 677.91 lakhs last year, mainly due to a Rs 1,166.88 lakh jump in trade receivables. New auditor Salarpuria & Partners issued an unmodified (clean) review report, noting reliance on the predecessor auditor's reports for prior comparatives.

Likely market impact

Top-line growth is healthy but profitability and cash generation are under pressure, with rising receivables and a notable auditor change being key points for shareholders to monitor. Near-term sentiment may stay cautious until margin recovery and receivables collection improve.