Results for half year ended on September 30, 2025 are enclosed
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Shreenath Paper Products Limited reported its H1 FY26 (April-September 2025) unaudited results on November 14, 2025. Revenue from operations rose modestly to ₹55.38 crore from ₹52.74 crore in H1 FY25, a growth of about 5%. However, profit after tax fell sharply to ₹77.16 lakh from ₹97.51 lakh in the same period last year, a decline of roughly 21%. Other expenses ballooned to ₹2.28 crore versus ₹79 lakh earlier, which appears to be the main drag on margins. The statutory auditor S H Dama & Associates issued an unqualified limited review report with no observations. The board meeting ran from 6:00 PM to 7:00 PM.
Mixed signals for shareholders - top-line grew only modestly while bottom-line shrank meaningfully due to rising overheads, and the company's cash balance plunged from ₹18.80 crore to ₹3.88 crore with negative operating cash flow, suggesting working-capital pressure despite reduced short-term borrowings.