BSESubam Papers LtdHighNeutral
Announced Wed, 25 Feb · 20:19 IST

Submission of unaaudited Statnd alone and consoloted financial statement along with Limited review reoort for the Quarter ended December 31 2025

Emphasis Of MatterRevenue DeclineEbitda 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

Subam Papers Limited submitted its unaudited Q3 FY26 results (quarter ended Dec 31, 2025) along with the Limited Review Report. Standalone revenue from operations was ₹11,948.29 lakhs, down from ₹12,641.84 lakhs in the previous quarter (Q2 FY26), with profit before tax of ₹137.64 lakhs versus ₹258.35 lakhs in Q2, indicating both a revenue and profitability dip. Consolidated revenue was ₹14,555.60 lakhs vs ₹15,345.41 lakhs in Q2, and consolidated profit before tax fell sharply to ₹16.17 lakhs from ₹397.60 lakhs. For the nine months ended Dec 31, 2025, standalone revenue stood at ₹36,616.58 lakhs with PAT of ₹2,556.42 lakhs (EPS ₹5.79). The statutory auditor issued an unmodified (clean) opinion on both sets of results, but included an Emphasis of Matter regarding the company's continued listing on BSE's SME platform and its upcoming further equity issue, which will push post-issue paid-up capital above ₹25 crores. This is the first set of consolidated quarterly results filed, so prior-year comparatives were not presented.

Likely market impact

For shareholders, Q3 showed a sequential decline in both revenue and profits on a consolidated basis, and profitability was wafer-thin at the group level (PBT of just ₹16.17 lakhs). The clean audit opinion is positive, but the upcoming equity issue (likely to lift paid-up capital past the ₹25 crore SME threshold) could lead to dilution and a potential migration to the BSE mainboard, which may change reporting requirements going forward.