BSEB&A Packaging India LtdMediumNeutral
Announced Fri, 7 Nov · 19:10 IST

Submission of Un-audited Financial results of the Company for the quarter and half-year ended 30.09.2025.

Ebitda Margin CompressionNegative Operating CashflowAuditor Mid Year ChangeResults View source PDF

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▲ 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 from operations of Rs 4,080.33 lakhs, up about 14% YoY from Rs 3,584.73 lakhs, driven by both Paper Sacks and Flexible Laminates segments. For H1 FY26, revenue grew a modest 7.6% to Rs 7,568.29 lakhs. However, profit after tax for H1 fell sharply to Rs 489.52 lakhs from Rs 644.31 lakhs last year, a decline of around 24%, mainly because finance costs jumped over four-fold to Rs 58.56 lakhs and other expenses rose. Profit before tax margins compressed from about 12.9% in H1 FY25 to around 8.7% in H1 FY26. The auditor Salarpuria & Partners issued an unmodified review report, noting reliance on the predecessor auditor for prior period comparatives.

Likely market impact

Topline growth looks healthy in Q2 but shrinking margins and a sharp jump in finance costs are eating into profitability, making this a mixed bag for shareholders. The H1 operating cashflow also turned negative at Rs -310.54 lakhs, which is a yellow flag worth watching despite the clean auditor opinion.