Kuantum Papers

Kuantum Papers Limited announces postal ballot for special resolutions to approve re-designation of Munishwar Kumar as Independent Director and appointment of Jagdeep Hira as Whole Time Director.

Kuantum Papers Limited has scheduled an earnings conference call on February 9, 2026 at 12:00 hrs IST to discuss Q3FY26 unaudited financial results for quarter and nine months ended December 31, 2025.

Kuantum Papers Limited reported operational income of Rs. 280 crores for Q2 FY26, marking a 25.5% sequential growth driven by higher paper production following the upgradation of paper machine 4. The company achieved its highest ever monthly production of 8,303 metric tons in September and highest daily production of 360 tons in July 2025. However, EBITDA margins contracted to 12.3% from previous quarter due to Rs. 3,200 per ton decline in net sales realization and Rs. 1,300 per ton increase in production costs, largely attributed to higher agro and wood-based raw material prices due to floods in Punjab. The company faces challenges from GST rate changes creating inverted duty structure, with paper and boards rising from 12% to 18% while converted products reduced to 5%, and notebooks made nil-rated. Management expects EBITDA margins to improve to 18-20% once capacity expansion from current 450 tons per day to 650 tons per day is completed, targeting 30-40% volume growth in FY27. The company is strategically moving away from the notebook segment and focusing on higher value-added Maplitho grades and specialty papers.