Star Paper Mills Limited held a board meeting on Saturday, 14th November 2026, which commenced at 2:00 PM and concluded at 3:15 PM. The board considered and approved the unaudited financial results for the quarter and half year ended 30th September 2026, pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance Highlights
Quarter Ended September 30, 2026 (Q2 FY27):
- Revenue from Operations: ₹8,814.90 lakh (compared to ₹10,437.19 lakh in Q2 FY26)
- Other Income: ₹205.15 lakh (includes unrealized loss on mutual fund valuation of ₹271.70 lakh and realized gain on sale of mutual funds of ₹148.88 lakh)
- Total Income: ₹9,020.05 lakh
- Total Expenses: ₹9,286.53 lakh
- Profit Before Tax: Loss of ₹266.48 lakh (compared to profit of ₹1,082.08 lakh in Q2 FY26)
- Tax Expense: ₹114.82 lakh (Current Tax: ₹-27.28 lakh, For Earlier Year: ₹63.55 lakh, Deferred Tax: ₹78.81 lakh)
- Profit for the Period: Loss of ₹223.94 lakh (compared to profit of ₹1,301.88 lakh in Q2 FY26)
- Basic and Diluted EPS: ₹-1.43 (compared to ₹8.34 in Q2 FY26)
Half Year Ended September 30, 2026 (H1 FY27):
- Revenue from Operations: ₹19,161.09 lakh (compared to ₹20,552.94 lakh in H1 FY26)
- Other Income: ₹1,599.11 lakh (includes unrealized gain on mutual fund valuation of ₹674.82 lakh and realized gain on sale of mutual funds of ₹483.38 lakh)
- Total Income: ₹20,760.20 lakh
- Total Expenses: ₹19,550.00 lakh
- Profit Before Tax: ₹1,210.20 lakh (compared to ₹2,714.07 lakh in H1 FY26)
- Tax Expense: ₹333.63 lakh (Current Tax: ₹332.38 lakh, For Earlier Year: ₹63.55 lakh, Deferred Tax: ₹-62.30 lakh)
- Profit for the Period: ₹876.57 lakh (compared to ₹2,582.80 lakh in H1 FY26)
- Basic and Diluted EPS: ₹5.62 (compared to ₹16.55 in H1 FY26)
Balance Sheet Position (as at September 30, 2026)
- Total Assets: ₹84,894.76 lakh (compared to ₹83,770.75 lakh as at March 31, 2026)
- Equity Share Capital: ₹1,560.83 lakh (unchanged)
- Other Equity: ₹69,760.64 lakh (compared to ₹69,269.06 lakh as at March 31, 2026)
- Total Equity: ₹71,321.47 lakh
- Non-current Liabilities: ₹8,094.91 lakh
- Current Liabilities: ₹5,478.38 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Net Cash from Operating Activities: ₹635.64 lakh
- Net Cash used in Investing Activities: ₹1,276.90 lakh (primarily from purchase of property, plant & equipment and mutual funds)
- Net Cash from Financing Activities: ₹51.63 lakh
- Net Decrease in Cash Equivalents: ₹589.63 lakh
- Cash and Cash Equivalents at period end: ₹343.96 lakh
Additional Information
- The company operates in a single segment of Paper, Paper Board and related products
- The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS)
- The statutory auditors, Lodha & Co LLP, have carried out a limited review of these results and issued an unmodified review report dated November 14, 2026
- Figures for previous periods have been reclassified/rearranged/regrouped where necessary for comparability