JK Paper Ltd delivered impressive fourth quarter results with consolidated net profit of ₹90.19 crore, representing a 36.36% increase from ₹66.14 crore in the corresponding quarter of the previous year. According to the latest regulatory filing, revenue from operations reached ₹1,965.95 crore, marking a 17.22% growth from ₹1,677.05 crore in Q4 FY25. The company's total income, including other income, was ₹1,968.50 crore, up 16.57% during the quarter. Total expenses stood at ₹1,848.70 crore, increasing 15.82% year-on-year, reflecting the company's operational scale expansion. These figures underscore JK Paper's capacity to advance its operational strategies for sustained growth, even amidst economic pressures.
For the complete financial year FY26, JK Paper's performance showed mixed results with consolidated net profit declining 33.14% to ₹271.87 crore compared to the previous year. However, the company demonstrated strong operational growth with revenue from operations reaching ₹7,136.09 crore, representing a 5.57% increase for the full financial year. The company's EBITDA increased 27.1% year-on-year to ₹277 crore, while EBITDA margin improved to 14.1% from 13% a year ago, showcasing enhanced operational efficiency throughout the fiscal year despite the annual profit decline. Despite the challenging market conditions, these figures reflect the company's resilient growth in core business areas of branded copier paper, coated paper, and packaging boards.
The board has recommended a final dividend of ₹4 per equity share (40% face value) for the financial year ended March 31, 2026. As reported by CNBC TV18, the dividend will be paid within 30 days of the upcoming annual general meeting, subject to applicable tax deductions, provided it is approved by shareholders at the AGM. The total payout amounts to approximately ₹72.53 crore, reflecting the company's commitment to returning value to shareholders despite adverse currency impacts and challenging market conditions.
The implementation of the government's four new labour codes from November 21, 2025 resulted in an assessed incremental impact of ₹16.3 crore towards retiral obligations during FY26. According to the company's filing, this amount has been disclosed as an exceptional item, reflecting the regulatory changes impact on the company's financial position and demonstrating the company's resilience in managing regulatory compliance costs.
Despite the strong quarterly results, shares of JK Paper Ltd settled at ₹371.60 on the BSE, down 2.67% from its previous close on Monday, May 18. The market reaction suggests investor focus may be on future growth prospects and the company's expansion plans rather than immediate quarterly performance, with the stock showing mixed sentiment despite the company's robust financial fundamentals and strategic restructuring initiatives. The company, known as a maker of branded copier paper, coated paper and packaging boards, continues to demonstrate operational strength with its latest quarterly performance, even amidst challenging market conditions.
