JK Paper Limited Announces Audited Results and Recommends Dividend for FY 2025-26
JK Paper Limited announced the outcomes of its Board Meeting held on May 18, 2026, confirming the approval of the standalone and consolidated audited financial results for the quarter and the full financial year ended March 31, 2026. The Board also recommended a dividend for the fiscal year.The company reported that higher volume and improved operational efficiencies contributed to better performance during the current quarter compared to the corresponding period. However, the sharp depreciation of the Indian Rupee against the Euro adversely impacted the Net Profit for FY 2025-26.
Dividend Recommendation and Financial Highlights
The Board of Directors has recommended a dividend of Rs. 4.00 per Equity Share (40%) on the Equity Share Capital for the financial year ended March 31, 2026. This recommendation amounts to Rs. 72.53 Crore.The Company reported a total of 1,19,16,427 Equity Shares as of the date of the announcement.
JK Paper Limited is also reporting on several key structural and operational updates:
- Scheme Implementation: The Composite Scheme of Arrangement, approved by the Hon'ble National Company Law Tribunal (NCLT) on February 3, 2026, is effective from March 15, 2026. Through this scheme, assets, liabilities, reserves, and surplus of the transferor companies were transferred and vested in the company.
- Subsidiary Status: Consequent to the scheme, Sirpur Paper Mills Ltd became a Wholly Owned Subsidiary of JK Paper Limited.
- Plant Commissioning: The Hardwood Bleach Chemical Thermo-Mechanical Pulp (BCTMP) Plant is currently in an advanced stage, with commercial production expected from the first quarter of FY 2026-27.
- Labour Codes Impact: JK Paper Limited assessed the incremental impact towards retirement obligations due to the Government of India notifying four New Labour Codes, estimating this impact at Rs. 13.60 Crores for the year ended March 31, 2026, in its standalone results, and Rs. 16.30 Cr in its consolidated results.
Financial Performance: Standalone Results
The Standalone Audited Financial Results confirm the impact of the structural changes and the current operating environment.| Metric | Value (Rs in Crore) |
|---|---|
| Net Profit Before Tax | 320.41 |
| Exceptional Items Impact (New Labour Codes) | 13.60 |
| Dividend Recommended | 72.53 |
| Equity Shares Allotted | 1,19,16,427 |
Standalone Profit & Loss Summary (2025-26)
| Metric | Amount (Rs in Crore) |
|---|---|
| Operating Profit before Working Capital Changes | 707.62 |
| Cash from Operating Activities | 514.23 |
| Cash from Investing Activities | (205.82) |
| Cash from Financing Activities | 251.01 |
| Net Cash Increase (Decrease) | 53.76 |
| Cash and Cash Equivalents (End of Year) | 44.18 |
Standalone Balance Sheet Summary (Rs in Crore)
| Particulars | 31.03.2026 | 31.03.2025 |
|---|---|---|
| Total Assets | 10,538.25 | 9,405.70 |
| Total Equity and Liabilities | 10,538.25 | 9,405.70 |
| Share Capital (Equity) | 141.32 | 169.40 |
| Total Non-Current Liabilities | 2,578.99 | 2,309.66 |
| Total Current Liabilities | 2,72.44 | 1,866.17 |
Financial Performance: Consolidated Results
The Consolidated Financial Results reflect the performance of the Group, Associate, and Joint Venture.| Metric | Value (Rs in Crore) |
|---|---|
| Net Profit Before Tax | 364.46 |
| Exceptional Items Impact (New Labour Codes) | 17.36 |
| Dividend Recommended | 72.53 |
| Subsidiary Status Change | Sirpur Paper Mills Ltd is now a Wholly Owned Subsidiary. |
Consolidated Profit & Loss Summary (2025-26)
| Metric | Amount (Rs in Crore) |
|---|---|
| Operating Profit before Working Capital Changes | 866.08 |
| Cash from Operating Activities | 906.69 |
| Cash from Investing Activities | (469.81) |
| Cash from Financing Activities | 251.01 |
| Net Cash Increase (Decrease) | 53.76 |
| Cash and Cash Equivalents (End of Year) | 157.29 |
Consolidated Balance Sheet Summary (Rs in Crore)
| Particulars | 31.03.2026 | 31.03.2025 |
|---|---|---|
| Total Assets | 10,538.25 | 9,405.70 |
| Total Equity and Liabilities | 10,538.25 | 7,000.00 |
| Equity Share Capital (Equity) | 141.32 | 169.40 |
| Total Non-Current Liabilities | 2,578.99 | 2,309.66 |
| Total Current Liabilities | 11,72.44 | 8,820.35 |
JKPAPER Stock Price Movement
JK Paper Limited shares today slipped by 2.37% to settle at ₹371.35, closing significantly off its previous day's levels. The equity saw considerable interest, trading on a volume of 203,630 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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