Pursuant to Regulation 30 (read with Part A of Schedule III) and Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Board has approved Unaudited Financial ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.8 pts less than Nifty Microcap 250 and 4.4 pts less than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Three M Paper Boards reported H1 FY26 revenue from operations of ₹14,332.57 lakhs, up 13.8% YoY from ₹12,598.46 lakhs in H1 FY25. However, profit after tax fell sharply by about 46% YoY to ₹304.37 lakhs (vs ₹567.66 lakhs), with PBT margin compressing to 1.5% from 3.6% a year ago. The margin pressure was driven by a near-doubling of depreciation (₹288.56L to ₹555.44L) on newly capitalised assets, higher raw material and other expenses. Net cash from operating activities stood positive at ₹285.38 lakhs (down from ₹968.96 lakhs for the full FY25 comparison). The statutory auditor Piyush Kothari & Associates issued a clean (unqualified) limited review report with no qualifications or emphasis of matter.
Mixed-to-negative for shareholders: topline growth is healthy, but sharply lower profitability and compressed margins signal cost and depreciation headwinds from recent capacity addition. Watch for whether the new assets drive better operating leverage in coming quarters; the weak PAT print and rising short-term borrowings (₹4,769.41L vs ₹3,860.66L) may weigh on near-term sentiment.