Emami Paper Mills FY26 Results: Board Approves Unmodified Audited Financials, Recommends 160% Dividend
Emami Paper Mills reported audited financial results for FY26 with an unmodified auditor's opinion. The company recommended a dividend of 160% on equity shares. Shri Manish Goenka was re-appointed as Vice Chairman for three years from July 1, 2026. The Board also appointed new Cost Auditors.
The positive financial results, dividend recommendation, and reappointment of a key director are significant for shareholders and stakeholders, but the impact is moderate as no major new business initiatives or extraordinary financial growth were highlighted.
The company reported its audited financial results with an unmodified opinion, recommended a dividend, and re-appointed a key director, all positive developments.
Emami Paper Mills Limited announced the outcome of its Board Meeting held on May 28, 2026, where the audited financial results for the quarter and financial year ended March 31, 2026, were approved. The company's statutory auditors, M/s. S K Agrawal and Co Chartered Accountants LLP, issued an unmodified opinion on these results.
The Board recommended a dividend of 160% (₹3.20 per equity share of face value ₹2) and 8% (₹8 per preference share of face value ₹100) for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Furthermore, the Board approved the appointment of M/s. V.K Jain & Co. as the Cost Auditors for the Financial Year 2026-2027, based on the recommendation of the Audit Committee. In a significant key managerial personnel change, Shri Manish Goenka was re-appointed as Whole-time Director, designated as Vice Chairman, for a period of three years commencing from July 1, 2026, to June 30, 2029. This reappointment is also subject to shareholder approval at the ensuing AGM.
The financial results indicated a Profit after tax of ₹31.50 crore for the quarter ended March 31, 2026, and ₹61.38 crore for the full financial year. The company's Revenue from operations stood at ₹496.41 crore for the quarter and ₹1,0907.23 crore for the year. The Board Meeting commenced at 1:15 p.m. and concluded at 3:30 p.m.
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Emami Paper Mills Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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