Seshasayee Paper FY26 Net Profit ₹67.78 Cr; Dividend ₹2/Share

6 min read     Updated on 14 May 2026, 05:39 PM
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Seshasayee Paper & Boards Limited reported a decline in its FY26 standalone net profit to ₹67.78 crores from ₹104.56 crores in the previous year, with revenue dropping to ₹1,710.17 crores. Consolidated net profit also fell to ₹82.53 crores. The Board recommended a dividend of ₹2.00 per share for FY26, subject to shareholder approval.

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Seshasayee Paper & Boards Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors reviewed the results at meetings held on May 11, 2026 and May 12, 2026. The company reported a decline in annual net profit while recommending a dividend for the financial year.

Standalone Financial Performance

For the year ended March 31, 2026, the company reported a standalone net profit after tax of ₹67.78 crores, compared to ₹104.56 crores in the previous year. Revenue from operations stood at ₹1710.17 crores for FY26, against ₹1754.11 crores in FY25. Total income for the year was ₹1759.65 crores, down from ₹1824.26 crores in the corresponding previous year. Basic and Diluted EPS for FY26 stood at ₹11.25, compared to ₹17.36 in FY25.

Metric: FY26 (₹ cr) FY25 (₹ cr) Change (YoY)
Revenue from Operations 1710.17 1754.11 Decline
Total Income 1759.65 1824.26 Decline
Net Profit After Tax 67.78 104.56 Decline
Basic EPS (₹) 11.25 17.36 Decline

Consolidated Financial Performance

On a consolidated basis, net profit after tax for FY26 stood at ₹82.53 crores, compared to ₹109.17 crores in FY25. Total income decreased to ₹1759.20 crores from ₹1822.98 crores in the prior year. The Group's share of net profit from its associate, Ponni Sugars (Erode) Limited, amounted to ₹15.53 crores for FY26, up from ₹6.19 crores in the previous year.

Metric: FY26 (₹ cr) FY25 (₹ cr) Change (YoY)
Total Income 1759.20 1822.98 Decline
Net Profit After Tax 82.53 109.17 Decline
Basic EPS (₹) 13.70 18.13 Decline

Dividend Recommendation

The Board of Directors has recommended a dividend of ₹2.00 per equity share of ₹2 each for the financial year 2025-26. This dividend is subject to approval by the members at the ensuing Annual General Meeting. The record date for the dividend is June 10, 2026.

Segment and Other Updates

Paper remains the only reportable segment of operation for the company. Regarding the acquisition of Servalakshmi Paper Limited, the company disclosed that the NCLT, Chennai bench, approved the e-auction sale of assets as a Going Concern. While two appeals against this order were dismissed, one appeal remains reserved for orders by the NCLAT. The company continues steps for the revival of operations at the acquired facility.

Historical Stock Returns for Seshasayee Paper & Boards

1 Day5 Days1 Month6 Months1 Year5 Years
-1.03%-2.17%-14.27%-3.92%-20.50%+28.99%

When does Seshasayee Paper expect to recommence commercial operations at the acquired Servalakshmi Paper facility, and what incremental revenue contribution could it add to FY27 results?

Given the significant EBITDA margin compression from 5.02% to 3.98% in Q4 FY26, what cost optimization measures or pricing strategies is the company likely to implement to restore profitability in FY27?

With current borrowings reduced to zero from ₹81.86 crores in FY25, how might Seshasayee Paper deploy its strengthened balance sheet — through capacity expansion, acquisitions, or shareholder returns beyond the current ₹2 dividend?

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Seshasayee Paper and Boards Appoints M/s S.Mahadevan & Co as Cost Auditor for Financial Year 2026-27

1 min read     Updated on 12 May 2026, 05:03 PM
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Seshasayee Paper and Boards Limited appointed M/s S.Mahadevan & Co (Firm Registration No.000007) as its Cost Auditor for Financial Year 2026-27, following a Board of Directors meeting held on May 12, 2026. The appointment was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s S.Mahadevan & Co is a 43-year-old firm established in 1978, with offices at Chennai and Coimbatore and associates at Salem, Bangalore, and Hyderabad, providing compliance and Cost Audit Certification Services across India.

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Seshasayee Paper & Boards Limited has announced the appointment of M/s S.Mahadevan & Co, Cost Accountants (Firm Registration No.000007), as the Cost Auditor of the company for the Financial Year 2026-27. The Board of Directors approved this appointment at its meeting held on May 12, 2026. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30.01.2026.

Appointment Details

The following table summarises the key details of the appointment as disclosed under Regulation 30 of the SEBI Listing Regulations:

Parameter: Details
Nature of Change: Appointment as Cost Auditor
Firm Name: M/s S.Mahadevan & Co, Cost Accountants
Firm Registration No.: 000007
Date of Appointment: May 12, 2026
Tenure: Financial Year 2026-27
Disclosure Regulation: Regulation 30, SEBI (LODR) Regulations, 2015

Profile of M/s S.Mahadevan & Co

M/s S.Mahadevan & Co is a 43-year-old firm that was established as a Firm of Cost Accountants in 1978. The firm provides a wide range of compliance and Cost Audit Certification Services in India. Over the years, the firm has expanded its presence across multiple cities, with its offices and associate network covering key financial and industrial hubs.

Office Presence

  • Main Offices: Chennai and Coimbatore
  • Associate Offices: Salem, Bangalore, and Hyderabad
  • Corporate Office: 112, Dr. Radhakrishna Road, Tatabad, Coimbatore 641012

All offices are manned by experienced professionals as partners, enabling the firm to serve clients across diverse industries and geographies.

Regulatory Disclosure

The intimation was submitted to both the National Stock Exchange of India Limited and BSE Limited by S. Srinivas, Director (Finance) & Secretary (DIN: 09713128), on behalf of Seshasayee Paper and Boards Limited. The company's registered office and works are located at Pallipalayam, Namakkal District, Erode – 638 007, Tamilnadu, India. The disclosure of relationships between directors was noted as not applicable in the context of this appointment.

Historical Stock Returns for Seshasayee Paper & Boards

1 Day5 Days1 Month6 Months1 Year5 Years
-1.03%-2.17%-14.27%-3.92%-20.50%+28.99%
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1 Year Returns:-20.50%