Date: 11th August, 2026
Financial Performance Summary
Turnover:
- Quarter ended 30th June, 2026: ₹203 Crores
- Corresponding period last year (Q1 FY26): ₹196 Crores
- Year-over-Year Growth: +3.6%
EBIDTA Performance:
- Quarter ended 30th June, 2026: ₹51 Crores at 25% margin
- Corresponding period last year (Q1 FY26): ₹52 Crores at 27% margin
- Year-over-Year Change: EBIDTA decreased by ₹1 Crore, margin contracted by 200 basis points
Operational and Strategic Updates
Expansion Plans:
The company is in the process of making an application for Environment clearance for starting construction of the project at Mahad.
Business Focus:
The Company continues to focus on manufacturing various Biodegradable and Compostable Specialty Papers having barrier properties to protect contents of the package. These papers are used as input for sustainable packaging solution for:
- Various food products
- Pharmaceutical and related products
- Hospital supplies
- Hygiene sectors
- Confectionary
The company notes that these sectors are witnessing good growth in demand.