Key Financial Figures - Standalone (₹ in Lakhs)

Quarterly Performance (Q2 FY27):

  • Revenue from Operations: 15,705.42
  • Total Income: 15,750.28
  • Total Expenses: 15,023.85
  • Exceptional Items (Inventory fire loss): 2,701.36
  • Loss before tax: (1,974.93)
  • Net Loss: (1,584.58)
  • Basic EPS: (₹5.77)
  • Diluted EPS: (₹5.77)

Half-Yearly Performance (H1 FY27):

  • Revenue from Operations: 29,630.66
  • Total Income: 29,729.86
  • Total Expenses: 27,054.84
  • Exceptional Items (Inventory fire loss): 2,701.36
  • Loss before tax: (936.39)
  • Net Loss: (987.59)
  • Basic EPS: (₹3.59)
  • Diluted EPS: (₹3.28)

Key Financial Figures - Consolidated (₹ in Lakhs)

Quarterly Performance (Q2 FY27):

  • Revenue from Operations: 20,077.26
  • Total Income: 20,524.76
  • Total Expenses: 19,791.91
  • Exceptional Items (Inventory fire loss): 2,957.59
  • Loss before tax: (2,224.74)
  • Net Loss: (1,783.28)
  • Basic EPS: (₹6.49)
  • Diluted EPS: (₹5.82)

Half-Yearly Performance (H1 FY27):

  • Revenue from Operations: 37,218.09
  • Total Income: 37,729.73
  • Total Expenses: 36,713.96
  • Exceptional Items (Inventory fire loss): 2,957.59
  • Loss before tax: (1,941.82)
  • Net Loss: (1,817.84)
  • Basic EPS: (₹6.58)
  • Diluted EPS: (₹6.01)

Exceptional Item Details

During the quarter ended September 30, 2026, the Company incurred an inventory loss amounting to ₹2,701.36 lakhs (standalone) and ₹2,957.59 lakhs (consolidated) in respect of inventory affected by fire. The affected inventory was covered under an insurance policy with New India Assurance Company Limited.

Insurance Claim Status

As at September 30, 2026, the insurance claim was under process with the insurer, and the assessment and determination of the eligible claim amount were ongoing. The amount of insurance compensation receivable, if any, is yet to be determined. The Company is actively following up with the insurer for early assessment and settlement.

Rectification Details

The rectification is limited to the attachment of the Cash Flow Statement only. There is no change in the Earnings Per Share (EPS), profit, or any other figures reported in the Financial Results on account of this correction. All other contents of the Outcome of the Board Meeting dated November 12, 2026, including the Limited Review Reports, remain unchanged.

Subsidiary Information

The consolidated results include the following entities:

  • Subam Papers Limited (Holding Company)
  • Subam Paper and Boards Private Limited (Wholly Owned Subsidiary)
  • Subam Agro Ventures Private Limited (Wholly Owned Subsidiary)
  • Mercury Pack & Paper Products LLP (Subsidiary Entity)
  • Rajapalayam Success Packaging's LLP (Subsidiary Entity)
  • Nellai Subam Packaging LLP (Subsidiary Entity)

Auditor Review

The financial results have been reviewed by CNGSN & Associates LLP, Chartered Accountants, who issued unmodified review reports for both standalone and consolidated results. The auditors noted that they did not review the unaudited financial information of 3 subsidiaries whose financial results reflect total assets of ₹6,159.88 Lakhs as at September 30, 2026.