Andhra paper Limited has completed its mandatory regulatory filing by submitting certificates under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on April 2, 2026.

Regulatory Compliance Details

The certificates were issued by KFin Technologies Limited, which serves as the company's Registrar and Share Transfer Agent. These documents confirm compliance with SEBI's depositories regulations for the specified quarter.

Depository Certifications

KFin Technologies Limited issued separate certificates to both major depositories on April 1, 2026. The certificates were addressed to:

• National Securities Depository Limited (NSDL) - Located at Trade World, Kamala Mills Compound, Lower Parel, Mumbai
• Central Depository Services (India) Limited (CDSL) - Located at Marathon Futurex, Lower Parel (East), Mumbai

Both certificates were signed by Praveen Chaturvedi, Senior Vice President at KFin Technologies Limited, confirming that details of securities dematerialized and rematerialized during the quarter have been furnished to all stock exchanges where Andhra Paper's shares are listed.

Company Information

Andhra Paper Limited operates with its registered office in Rajamahendravaram, East Godavari District, and corporate office in Kolkata. The company holds multiple ISO certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, reflecting its commitment to quality, environmental, and occupational health and safety management systems.

Stock Exchange Presence

The company's shares are traded on major Indian stock exchanges with the following identifiers:

This regulatory filing demonstrates Andhra Paper Limited's continued adherence to SEBI's compliance requirements, ensuring transparency in its securities transactions and maintaining good standing with regulatory authorities and depositories.

Andhra Paper Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, presenting mixed operational performance. The paper manufacturing company reported growth in revenue but faced significant pressure on profitability and operational efficiency metrics compared to the previous year.

Financial Performance Overview

The company's financial results for Q3FY26 showed contrasting trends in revenue and profitability metrics:

Despite revenue growth, the company's net profit declined from ₹1,164.87 lakhs in Q3FY25 to ₹984.89 lakhs in Q3FY26. Total income increased significantly to ₹44,740.88 lakhs from ₹40,100.02 lakhs, driven by higher revenue from operations and other income.

Operational Efficiency Under Pressure

The company's operational performance showed significant deterioration in key efficiency metrics:

The sharp decline in EBITDA from ₹283M to ₹154M reflects operational challenges, while the EBITDA margin compression from 7.34% to 3.68% indicates reduced operational efficiency and higher cost pressures.

Nine-Month Performance Analysis

The nine-month period results revealed more pronounced challenges for the company:

The nine-month performance showed a dramatic decline in profitability, with net profit falling by over 86% despite modest revenue growth. This indicates significant operational challenges during the current financial year.

Cost Structure and Expenses

The company's expense analysis revealed key areas impacting profitability:

Regulatory and Corporate Updates

The company highlighted the impact of new labour legislation in its financial results. The Government of India consolidated 29 existing labour legislations into four unified labour codes, effective from November 21, 2025. The incremental impact of these regulatory changes has been recognised in the current quarter's financial results.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 04, 2026. MSKA & Associates LLP, the company's statutory auditors, conducted a limited review of the financial results and issued an unmodified report. The company maintains its focus on manufacturing and selling pulp, paper and paperboards as its single operating segment.

Andhra Paper Limited continues to operate with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, maintaining its commitment to quality and environmental standards despite the challenging operational performance in the current period.