Kay Power & Paper Ltd Reports Fire Incident on March 12, 2026 at Satara Facility

1 min read     Updated on 14 Mar 2026, 05:04 PM
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AI Summary

Kay Power & Paper Ltd formally disclosed a fire incident that occurred on March 12, 2026 at its external warehouse facility in Satara, Maharashtra. The fire affected the company's wastepaper storage facility and adjacent machinery, originating from an adjacent agricultural school premises. The company successfully controlled the fire with no human casualties, and operations are expected to resume within 15 days with adequate insurance coverage in place.

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Kay Power & Paper Ltd has informed BSE about a fire incident that occurred on March 12, 2026 at its external warehouse facility in Satara, Maharashtra, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal disclosure was made on March 14, 2026, following an initial intimation on March 13, 2026.

Fire Incident Details

The fire affected the company's external open storage facility used for storing wastepaper, which serves as raw material in the manufacturing process. The incident occurred at the company's premises located at Gat No. 454/457, Village Borgaon, Satara – 415519.

Parameter: Details
Incident Date: March 12, 2026
Location: Gat No. 454/457, Village Borgaon, Satara – 415519
Affected Area: External open storage facility and adjacent machinery
Material Affected: Wastepaper used as raw material

According to preliminary information, the fire originated from the adjacent premises of an agricultural school and subsequently spread to Kay Power & Paper's external open storage facility and nearby machinery. The exact cause of the fire is yet to be determined through proper investigation.

Response and Safety Measures

The company's internal team successfully brought the fire under control using in-house firefighting systems. Importantly, no human casualties or injuries were reported during the incident, ensuring the safety of all personnel.

Insurance Coverage and Assessment

Parameter: Details
Insurance Status: Raw material stock and machinery adequately insured
Insurance Notification: Company has intimated insurance company
Survey Process: Insurance survey expected to be conducted in due course
Loss Assessment: Currently assessing full extent of damage caused

Operational Impact and Recovery

The company has provided specific details regarding the operational impact and recovery timeline as part of the formal disclosure requirements:

Aspect: Status
Expected Resumption: Operations expected to resume within 15 days
Production Impact: Currently being assessed
Damage Assessment: Fire controlled within time, full damage extent under evaluation

The disclosure was made by Sagar Mohite, Company Secretary & Compliance Officer, in compliance with regulatory requirements. The company has assured stakeholders that appropriate measures are being taken to assess the damage and restore normal operations as quickly as possible.

Historical Stock Returns for Kay Power & Paper

1 Day5 Days1 Month6 Months1 Year5 Years
+3.09%+1.95%-20.02%-35.57%-62.37%+219.92%

Kay Power & Paper Ltd Reports Q3 FY26 Financial Results with Revenue of ₹475.14 Lacs

2 min read     Updated on 17 Feb 2026, 01:43 PM
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Kay Power & Paper Ltd reported Q3 FY26 results showing total income of ₹475.14 lacs and net loss of ₹8.54 lacs, declining from previous quarter's profit of ₹1.96 lacs and prior year's profit of ₹8.93 lacs. Nine-month performance showed total income of ₹1979.27 lacs with net loss of ₹5.37 lacs, compared to ₹3059.25 lacs income and ₹16.17 lacs profit in the corresponding period last year. The company's equity share capital increased to ₹3494.00 lacs from ₹2209.00 lacs, while earnings per share turned negative at -₹0.02 for the quarter.

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Kay Power & Paper Ltd has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company published these results in the Marathi daily newspaper "Gramodhaar" on February 17, 2026, as required for listed entities.

Financial Performance Overview

The company's financial performance for Q3 FY26 shows mixed results compared to previous periods. Both standalone and consolidated figures remain identical, indicating no subsidiary operations affecting the consolidated numbers.

Financial Metric Q3 FY26 Q2 FY26 Q3 FY25 9M FY26 9M FY25
Total Income (₹ lacs) 475.14 762.68 938.30 1979.27 3059.25
Net Profit/Loss (₹ lacs) -8.54 1.96 8.93 -5.37 16.17
Basic EPS (₹) -0.02 0.01 0.04 -0.02 0.07
Diluted EPS (₹) -0.02 0.01 0.04 -0.02 0.07

Quarterly Performance Analysis

The company reported total income from operations of ₹475.14 lacs for Q3 FY26, representing a significant decline from ₹762.68 lacs in the previous quarter and ₹938.30 lacs in the corresponding quarter of the previous year. This indicates a sequential decline of 37.70% and a year-over-year decrease of 49.37%.

The company recorded a net loss of ₹8.54 lacs for the quarter, marking a reversal from the profit of ₹1.96 lacs achieved in Q2 FY26 and the ₹8.93 lacs profit recorded in Q3 FY25. The loss was consistent across all profit metrics - before tax, after tax, and after exceptional items.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Kay Power & Paper reported total income of ₹1979.27 lacs compared to ₹3059.25 lacs in the corresponding period of the previous year, reflecting a decline of 35.30%. The company recorded a net loss of ₹5.37 lacs for the nine-month period, contrasting with a net profit of ₹16.17 lacs in the same period of FY25.

Share Capital and Earnings Per Share

The company's equity share capital increased to ₹3494.00 lacs as of December 31, 2025, from ₹2209.00 lacs in the previous periods, indicating a capital restructuring or fresh equity issuance during the current financial year. The basic and diluted earnings per share for Q3 FY26 stood at -₹0.02, compared to ₹0.01 in Q2 FY26 and ₹0.04 in Q3 FY25.

Regulatory Compliance

Kay Power & Paper Ltd, with CIN L21099MH1991PLC061709 and BSE scrip code 530255, has fulfilled its disclosure obligations by publishing the financial results in the regional language newspaper as mandated by SEBI regulations. The complete financial results are available on the BSE website and the company's official website for stakeholder reference.

Historical Stock Returns for Kay Power & Paper

1 Day5 Days1 Month6 Months1 Year5 Years
+3.09%+1.95%-20.02%-35.57%-62.37%+219.92%

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1 Year Returns:-62.37%