Press Release
JKPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JK Paper reported consolidated FY26 turnover of Rs.7,568.93 crore, up 7% year-on-year, with EBITDA of Rs.984.11 crore and PAT of Rs.265.84 crore. Q4 standalone performance showed turnover of Rs.2,111.54 crore, EBITDA of Rs.279.07 crore and PAT of Rs.91.98 crore. The company achieved its highest ever Paper and Board sales of 8.19 lakh MT during FY25-26. The Board recommended a dividend of Rs.4 per share (40%), totaling Rs.72.53 crore. A Composite Scheme of Arrangement has become effective from March 15, 2026, making Sirpur Paper Mills a wholly-owned subsidiary and amalgamating three packaging conversion companies. The BCTMP plant at CPM Gujarat is in advanced stage with commercial production expected from Q1 FY27. Challenges noted include high wood costs and low-priced imports affecting industry margins, with rupee depreciation causing restatement losses.
Positive for shareholders with 7% revenue growth, highest ever sales volume, and dividend declaration. The scheme implementation strengthens the corporate structure. Margin pressures from input costs and imports remain a concern for near-term profitability.