Sundaram Multi Pap Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
SUNDARAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sundaram Multi Pap Limited reported weak Q1 FY26 results with revenue from operations of Rs 4,065.99 lakhs, slightly lower than Rs 4,241.91 lakhs in the same quarter last year. The company posted a net loss of Rs 44.38 lakhs compared to a small profit of Rs 25.18 lakhs in Q1 FY25, with operating loss before tax widening to Rs 54.39 lakhs. Total expenses rose sharply, especially raw material costs which jumped to Rs 2,595.98 lakhs from Rs 2,088.37 lakhs a year ago. The auditor issued a qualified opinion flagging unconfirmed trade receivable balances and inadequate provisioning for long-pending receivables, a recurring concern from FY25. The board also appointed M/s. GR Shah and Associates as Secretarial Auditor for five years and is evaluating a potential acquisition of up to 53% stake in Sundaram Land and Assets Private Limited, with advisors appointed for valuation and due diligence.
Shareholders should note continued losses, a qualified audit opinion on receivables, and rising input costs squeezing margins. The potential 53% acquisition could materially reshape the business, but no decision has been taken yet, and outcome depends on valuation and due diligence.