Emami Paper Mills FY26 net profit rises 136% to ₹61.38 crore
Emami Paper Mills Limited reported a 136% increase in FY26 net profit to ₹61.38 crore, driven by improved operational performance. Revenue from operations for the year stood at ₹1,907.23 crore. The Board recommended a dividend of ₹3.20 per equity share and approved the reappointment of Shri Manish Goenka as Whole-time Director and Vice Chairman.

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Emami Paper Mills Limited reported a net profit of ₹61.38 crore for the financial year ended March 31, 2026, marking a 136% increase from ₹26.01 crore in the previous year. The company’s revenue from operations for FY26 stood at ₹1,907.23 crore, slightly lower than the ₹1,928.04 crore recorded in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.
For the quarter ended March 31, 2026, the company posted a net profit of ₹31.50 crore, compared to ₹3.92 crore in the same period last year. Revenue from operations for the quarter rose to ₹496.41 crore from ₹474.95 crore in the corresponding quarter of the previous year. Total income for the quarter was ₹510.19 crore. The statutory auditors, M/s. S K Agrawal and Co Chartered Accountants LLP, issued an unmodified opinion on the financial results.
The Board recommended a dividend of ₹3.20 per equity share (160%) on a face value of ₹2 each and ₹8 per preference share (8%) on a face value of ₹100 each for FY26. This recommendation is subject to shareholder approval at the ensuing Annual General Meeting. Additionally, the Board approved the appointment of M/s. V.K Jain & Co., Cost Accountants, as the Cost Auditors for the financial year 2026-2027.
Based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board granted approval for the reappointment of Shri Manish Goenka as Whole-time Director and 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. The company noted that the Government of India notified four Labour Codes effective November 21, 2025, leading to an exceptional item of ₹1.25 crore regarding incremental retiral obligations.
Financial Results for FY26
| Particulars | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|
| Revenue from operations | 1,907.23 | 1,928.04 |
| Total Income | 1,928.32 | 1,932.50 |
| Total Expenses | 1,833.71 | 1,899.11 |
| Profit before tax | 93.36 | 33.39 |
| Net Profit | 61.38 | 26.01 |
| Basic EPS (₹) | 9.34 | 3.49 |
The company’s total assets as of March 31, 2026, stood at ₹1,822.48 crore, compared to ₹1,808.14 crore in the previous year. Equity and liabilities totaled ₹1,822.48 crore, with equity share capital remaining constant at ₹12.10 crore.
Historical Stock Returns for Emami Paper Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +9.01% | +9.13% | +13.84% | -5.67% | -12.39% | -32.58% |
What specific operational efficiency measures drove the 136% surge in net profit despite a slight dip in annual revenue?
How will the new Labour Codes impact the company's cost structure and retiral obligations beyond the recorded ₹1.25 crore exceptional item?
Does the significant Q4 profit increase indicate a sustainable demand recovery or a temporary market fluctuation?


































