JK Paper FY26 Consolidated Turnover at ₹7,569 Cr (up 7%), Recommends ₹4 Dividend
JK Paper reported FY26 consolidated turnover of ₹7,568.93 Cr, up 7%. Q4 FY26 PAT was ₹91.98 Cr. The company recommended a ₹4 per share dividend. A new BCTMP plant is expected to commence production in Q1 FY27.
The results show growth and a recommended dividend, which are positive for shareholders. The successful scheme of arrangement and the upcoming BCTMP plant are significant operational developments. However, the commentary also notes challenges impacting margins, tempering the overall impact.
The company reported a 7% increase in consolidated turnover for FY26, achieved its highest ever paper and board sales, and recommended a dividend, indicating positive financial performance and shareholder returns. The upcoming BCTMP plant also signals future growth.
JK Paper Limited (JKPL) announced its audited financial results for the quarter and year ended March 31, 2026. For Q4 FY26, the company reported a consolidated turnover of ₹2,111.54 crore, EBITDA of ₹279.07 crore, and Profit After Tax (PAT) of ₹91.98 crore.
For the full fiscal year FY26, JKPL's consolidated turnover reached ₹7,568.93 crore, marking a 7% increase compared to the previous year. The consolidated EBITDA stood at ₹984.11 crore, and the PAT was ₹265.84 crore.
The Board of Directors has recommended a dividend of ₹4 per share (40%), amounting to ₹72.53 crore, for the financial year ended March 31, 2026.
Shri Harsh Pati Singhania, commenting on the results, highlighted higher volumes and improved operational efficiencies, despite challenges like high wood costs and low-priced imports impacting industry margins. JK Paper achieved its highest ever paper and board sale of 8.19 Lac MT during FY26 and maintained its leadership. The packaging conversion business also improved, though a sharp rupee depreciation against the Euro impacted net profit due to restatement losses.
Key corporate developments include the successful sanctioning of the Composite Scheme of Arrangement by the National Company Law Tribunal (NCLT) on February 3, 2026, which became effective on March 15, 2026. This resulted in Sirpur Paper Mills Ltd becoming a Wholly Owned Subsidiary, and three packaging conversion companies being amalgamated.
The commissioning of the Hardwood Bleach Chemical Thermo-Mechanical Pulp (BCTMP) Plant at Unit CPM, Gujarat, is in its advanced stages, with commercial production expected from Q1 FY27. This backward integration aims to ensure a consistent supply of high-quality BCTMP pulp, reducing reliance on costly imports.
Additionally, the company reported on its social farm forestry initiatives, planting 11.93 crore saplings covering 90,238 acres in FY26. CSR activities amounted to ₹24.98 crore, benefiting over 12.5 Lac individuals across 876 villages.
Unit JKPM received significant recognition, including a Platinum Category award at the 2nd Annual Green Enviro Safety Excellence Award 2026 and Platinum and Gold Awards at the 55th CII National Kaizen Competition.
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JK Paper 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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See the model portfoliosA plain-language summary of a public exchange filing by JK Paper Limited. Read the original for the full detail.