South India Paper Mills Limited has filed its mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026. The Karnataka-based paper manufacturing company submitted the required documentation to BSE Limited on April 10, 2026, ensuring compliance with regulatory requirements.

Regulatory Compliance Documentation

The certificate was issued by KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent. Company Secretary Vidya Bhat (ACS 29436) signed the submission letter on behalf of South India Paper Mills Limited, confirming the enclosure of the mandatory certificate.

Certificate Details and Scope

KFin Technologies Limited certified that details of securities dematerialized and rematerialized during Q4FY26 have been furnished to all stock exchanges where South India Paper Mills Limited shares are listed. The certificates were issued to both major depositories - Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL).

Rajitha Cholleti, Vice President at KFin Technologies Limited, signed the certificates dated April 1, 2026, confirming the company's compliance with SEBI depository regulations. The documentation ensures transparency in the dematerialization and rematerialization process of the company's securities.

Company Information

South India Paper Mills Limited operates with its registered office and factory located at Chikkayana Chatra, Nanjangud, Karnataka. The company maintains its corporate and marketing office in Bangalore and carries the Corporate Identity Number L85110KA1959PLC001352, indicating its incorporation in 1959 as a public limited company in Karnataka.

The submission of this certificate represents routine regulatory compliance, ensuring that all stakeholders and regulatory bodies have access to accurate information regarding the company's securities transactions during the specified quarter.

South India Paper Mills Limited announced its unaudited financial results for the quarter ended 31st December 2025, demonstrating a remarkable turnaround in profitability. The Karnataka-based paper manufacturer reported a net profit of ₹237.27 lakhs compared to a loss of ₹332.80 lakhs in the corresponding quarter of the previous year, marking a significant recovery in operational performance.

Financial Performance Overview

The company's quarterly performance showed substantial improvement across key metrics despite operational challenges. Revenue from operations increased by 21.29% year-on-year to ₹10,137.11 lakhs in Q3FY26, up from ₹8,357.24 lakhs in Q3FY25.

Nine-Month Performance Highlights

For the nine-month period ended 31st December 2025, South India Paper Mills achieved even more impressive results. The company recorded a net profit of ₹616.90 lakhs against a loss of ₹738.35 lakhs in the corresponding nine-month period of FY25.

Operational Challenges and Cost Management

Despite the strong financial performance, the company faced operational headwinds during the quarter. Paper production volume was lower in Q3FY26 due to a 17-day stoppage in October 2025 for annual boiler inspection and replacement of critical boiler parts. This maintenance activity impacted production capacity but was necessary for long-term operational efficiency.

Total expenses for the quarter were ₹9,826.92 lakhs compared to ₹8,838.10 lakhs in Q3FY25. The major expense components included cost of materials consumed at ₹5,776.72 lakhs, other expenses at ₹2,230.21 lakhs, and employee benefits expenses at ₹807.14 lakhs.

Regulatory and Compliance Updates

The company addressed the implementation of New Labour Codes, which became effective from 21st November 2025. South India Paper Mills noted that its current wage structure is aligned with the requirements of the New Labour Codes, and no material incremental liability is expected in respect of gratuity and leave obligations.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 15th January 2026. The board meeting commenced at 3:30 PM and concluded at 5:00 PM. The results have been subjected to limited review by B S Ravikumar & Associates, Chartered Accountants, Mysore.

Business Segment and Investor Relations

Based on Ind AS 108 Operating Segments guidelines, the company's business activity falls within a single operating segment of Paper and Paper Products. During the quarter ended 31st December 2025, the company received and resolved one investor complaint, with no complaints pending at the beginning or end of the quarter.

The company operates from its registered office and factory at Chikkayana Chatra, Nanjangud, Karnataka, with its corporate and marketing office located in Bangalore. The results were announced in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.