Ruchira Papers Limited reported a 34.4% decline in net profit to ₹4414.30 lakh for the financial year ended March 31, 2026, compared to ₹6732.68 lakh in the previous year. Revenue from operations for the year stood at ₹64880.39 lakh, marginally lower than the ₹65923.04 lakh recorded in FY25. The board has recommended a dividend of ₹2.50 per equity share of face value ₹10 each for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

For the quarter ended March 31, 2026, the company recorded a profit of ₹953.16 lakh, a significant drop from ₹1839.65 lakh in the corresponding quarter of the previous year. Revenue for the quarter rose to ₹18200.59 lakh from ₹16168.48 lakh in Q4 FY25. Total expenses for the year increased to ₹59425.15 lakh from ₹57328.76 lakh in the prior year, driven by higher costs of materials consumed and finance costs.

Financial Performance

The standalone financial results, audited by M/s Moudgil & Company, Chartered Accountants, carry an unmodified opinion. The company’s earnings per share (EPS) for the year stood at ₹14.79, down from ₹22.56 in the previous year. The board also approved the re-appointment of M/s Sanjay Kumar Garg & Associates as Cost Auditor and M/s K.M. Aggarwal & Co as Internal Auditor for FY27.

Key Financial Metrics (₹ in Lakhs)

Borrowings and Approvals

The company disclosed that its outstanding qualified borrowings increased to ₹91.49 crore by the end of FY26 from ₹27.26 crore at the start of the year. Incremental qualified borrowings during the year amounted to ₹85.95 crore. Ruchira Papers confirmed it has not been identified as a Large Corporate entity as per SEBI regulations. Additionally, the board approved managerial remuneration payable to Sh. Vipin Gupta, CFO & Executive Director, effective June 1, 2026, subject to shareholder approval.

Ruchira Papers Limited has re-appointed its cost and internal auditors for the financial year 2026-27, subject to necessary approvals. The Board of Directors approved the re-appointment of M/s Sanjay Kumar Garg & Associates as Cost Auditor and M/s K.M. Aggarwal & Co as Internal Auditor during a meeting held on May 28, 2026. The company will recommend to shareholders the ratification of the remuneration for the Cost Auditor.

Cost Auditor Re-appointment

The Board approved the re-appointment of M/s Sanjay Kumar Garg & Associates, Cost Accountants, for FY 2026-27. The firm, led by Proprietor Mr. Sanjay Kumar Garg (Membership Number 20707), brings over 24 years of experience in cost and management accounting. The firm specializes in cost audits for industries including Paper, Agro, Textile, and Pharma.

Internal Auditor Re-appointment

M/s K.M. Aggarwal & Co, Chartered Accountants, was re-appointed as Internal Auditor pursuant to Section 138 of the Companies Act, 2013, for FY 2026-27. The firm's partner, CA Ravinder Aggarwal, possesses over three decades of experience in audit and assurance for listed and unlisted companies.