JK Paper Announces FY 2026 Financial Results: Turnover Hits Rs 7,568.93 Crore

JK Paper Announces FY 2026 Financial Results: Turnover Hits Rs 7,568.93 Crore​

JK Paper Ltd., one of India's major Paper & Packaging Solutions Companies, announced its consolidated financial results for the year ended March 31, 2026. The company reported a consolidated turnover of Rs 7,568.93 Cr for the full fiscal year.

For the quarter ending March 2026 (Quarter-4), the consolidated turnover was Rs 2,111.54 Cr, with EBITDA reported at Rs 279.07 Cr and Profit after Tax (PAT) at Rs 91.98 Cr. For the entire year ended March 2026, the consolidated figures stood at a turnover of Rs 7,568.93 Cr, EBITDA of Rs 984.11 Cr, and PAT of Rs 265.84 Cr, respectively.

The Board of Directors recommended a dividend of Rs 4/- per share (representing 40%), totaling Rs 72.53 Crore on the Equity Share Capital for the financial year 2025-26.

Business Performance and Industry Outlook​

Commenting on the results, Shri Harsh Pati Singhania noted that the better performance in the current quarter was attributable to higher volumes and improved operational efficiencies compared to the corresponding period and sequentially. He acknowledged industry headwinds, stating that high wood costs and low priced imports had severely eroded industry margins. Despite these challenges, the company achieved its highest ever Paper and Board sale of 8.19 Lac MT during FY 2025-26 and maintained its leadership position across its product categories. The performance of the packaging conversion business also improved during the year. Singhania also pointed out that sharp rupee depreciation against the Euro resulted in restatement losses, which adversely impacted net profit.

Corporate Restructuring and Operational Expansion​

The company also reported a significant corporate development regarding its structure. The Composite Scheme of Arrangement, approved by the Board of Directors, was sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Bench, vide its Order dated February 3, 2026, and became effective from March 15, 2026. Following the scheme, Sirpur Paper Mills Ltd, a Step-down Subsidiary, became a Wholly Owned Subsidiary of JK Paper Ltd. Additionally, three packaging conversion companies were amalgamated.

Operationally, the commissioning of the Hardwood Bleach Chemical Thermo-Mechanical Pulp (BCTMP) Plant at Unit CPM, Gujarat, is currently advanced, with commercial production expected from the first quarter of FY 2026-27. This backward integration aims to ensure a consistent supply of high-quality BCTMP pulp, thereby eliminating the need to import costly Hardwood BCTMP pulp.

Sustainability and Corporate Commitments​

JK Paper continues its focus on social farm forestry across its plant locations to enhance raw material availability while containing costs and improving green cover in Odisha, Gujarat, Maharashtra, Telangana, and Andhra Pradesh. During 2025-26, the company planted 11.93 Cr saplings, covering 90,238 Acres.

In terms of corporate social responsibility, the company spent Rs 24.98 Cr, covering 876 villages across 10 states and 1 Union Territory, directly benefiting over 12.5 Lac individuals. Intervention areas included Livelihood Promotion, Women Empowerment, Education and Skill Development, and Environment and Natural Resource Management.

Recognition and Market Position​

JK Paper Ltd. is stated to be the market leader in Branded Copier Paper in India and among the top producers of Coated Paper and Packaging Boards. The company focuses on value added products such as Copier, Bond, Security, Coated Papers, Virgin Fiber Packaging Boards, and Food Grade Papers.

The unit at JKPM received several accolades for the quarter ending FY 25-26, including:

• Platinum Category at the 2nd Annual Green Enviro Safety Excellence Award 2026 in Goa.
• Platinum Award and Gold Award at the 55th CII National Kaizen Competition from CII Bengaluru.

JKPAPER Stock Price Movement​

Shares of JK Paper Limited today slipped by 2.37% to settle at ₹371.35, marking a clear decline from its opening value. The stock saw 203,630 shares traded, finishing significantly below its intraday range which spanned from ₹365.05 to ₹381.