A meeting of the Board of Directors of Shree Krishna Paper Mills & Industries Ltd. was held on Friday, May 29, 2026, from 2:00 PM to 4:30 PM at the company's registered office at 4830/24, Prahlad Street, Ansari Road, Darya Ganj, New Delhi-110002.

The Board approved the following items:

1. Audited Financial Results: The Board approved the Audited Financial Results for the quarter and year ended March 31, 2026, along with the statement of assets and liabilities as at March 31, 2026, and the Cash Flow Statement for the year ended March 31, 2026. The financial results received an unmodified audit opinion from the statutory auditors, M/s. Ashwani Garg & Associates.

Key Financial Highlights (₹ in Lakhs)

  • Revenue from Operations (FY26): ₹22,808.36 (FY25: ₹16,870.84)
  • Sale of Products: ₹22,757.23 (FY25: ₹16,553.01)
  • Sale of Services: ₹51.13 (FY25: ₹317.83)
  • Other Income (FY26): ₹178.86 (FY25: ₹124.80)
  • Total Income (FY26): ₹22,987.22 (FY25: ₹16,995.64)
  • Profit Before Exceptional Items and Tax (FY26): ₹452.43 (FY25: ₹194.84)
  • Exceptional Items (FY26): Profit of ₹2,025.76 from sale of part of vacant plot of land (FY25: nil)
  • Profit Before Tax (FY26): ₹2,478.18 (FY25: ₹194.84)
  • Tax Expense (FY26): ₹533.49 (FY25: ₹82.10)
  • Profit for the Year (FY26): ₹1,944.69 (FY25: ₹112.74)
  • Total Comprehensive Income (FY26): ₹1,839.87 (FY25: ₹174.68)
  • Earnings Per Share (FY26): Basic and Diluted ₹14.38 (FY25: ₹0.83)
  • Paid-up Equity Share Capital: ₹1,352.17 (unchanged from FY25)
  • Other Equity (FY26): ₹3,932.17 (FY25: ₹2,092.30)

Balance Sheet Highlights (₹ in Lakhs)

  • Total Assets (FY26): ₹13,674.25 (FY25: ₹9,889.28)
  • Non-current Assets (FY26): ₹4,683.86 (FY25: ₹4,305.75)
  • Current Assets (FY26): ₹8,919.02 (FY25: ₹5,325.94)
  • Total Equity (FY26): ₹5,284.34 (FY25: ₹3,444.47)
  • Non-current Liabilities (FY26): ₹1,892.95 (FY25: ₹1,273.66)
  • Current Liabilities (FY26): ₹6,146.96 (FY25: ₹4,960.15)

2. Internal Auditor Reappointment: Upon the recommendation of the Audit Committee, the Board approved the reappointment of M/s. G A M S & Associates LLP, Chartered Accountants (Firm Registration No. N500094), as Internal Auditors of the Company for the Financial Year 2026-27.

3. Cost Auditor Reappointment: Upon the recommendation of the Audit Committee, the Board approved the reappointment of M/s. Vijender Sharma & Co., Cost Accountants (Firm Registration No. 000180), as Cost Auditors of the Company for the Financial Year 2026-27.

4. Report Approvals: The Board approved the Board Report, Corporate Governance Report, and Management Discussion and Analysis Report for the financial year ended March 31, 2026.

5. Related Party Transactions: Details of Related Party Transactions under Regulation 23(9) of SEBI(LODR)(Amendments) Regulations, 2018 for the second half year from October 1, 2025, to March 31, 2026, were considered and filed.

Notes to Financial Results

  • The Company operates in one business segment: manufacturing and sale of paper and incidental activities.
  • The implementation of new Labour Codes effective November 21, 2025, resulted in an incremental impact of ₹22.33 lakhs on gratuity and long-term compensated absences, recognized under Employee Benefit Expense.
  • After the quarter close, the Company entered into a power purchase agreement with M/s. Ratan Green Projects One Private Limited (RGPOPL) to procure 8.5 MW(AC) solar power through a group captive open access mechanism in Rajasthan. The Company paid ₹93.00 lakhs as the first tranche toward equity subscription for 26.21% of RGPOPL's presently paid-up capital.

The above information has been made available on the company's website at www.skpmil.com.