Shreenath Paper Products reports steady FY26 revenue of Rs 114.66 crore, up from Rs 102.58 crore. While top-line growth is evident, net profit saw a minor dip to Rs 2.86 crore. The company has scheduled its 15th AGM for September 26, 2026, where shareholders will vote on financial statements and a Rs 30 crore related-party transaction limit.
Shreenath Paper Products FY26 Results and AGM Announcement
Revenue grew to Rs 114.66 crore for FY26 compared to Rs 102.58 crore in FY25. Profit After Tax stood at Rs 2.86 crore, a slight decline from Rs 2.89 crore in the previous fiscal year.
Reader Takeaway: Revenue grew by nearly 12% while debt-equity ratio improved to 0.60, but pricing pressures continue to impact margins.
What just happened
Shreenath Paper Products has released its Annual Report for FY 2025-26 and formally called for its 15th Annual General Meeting. Shareholders will meet via video conferencing on September 26, 2026, to vote on key financial adoptions and board appointments. The agenda includes the re-appointment of director Mr. Aditya Narayandas Daultabadkar by rotation.
Why this matters
The company is seeking shareholder approval for material related-party transactions with M/s Sunrise International, capped at Rs 30 crore. Management asserts that these dealings are conducted at arm's length and in the ordinary course of business.
Context metrics (FY 2025-26)
- Revenue: Rs 114.66 crore (up from Rs 102.58 crore)
- PAT: Rs 2.86 crore (down from Rs 2.89 crore)
- Debt-Equity Ratio: 0.60 (improved from 0.68)
- Current Ratio: 2.30 (up from 2.19)
- ROCE: 9.11%
Risks to watch
Management notes ongoing margin pressure driven by competitive paper imports and volatile market pricing. Additionally, Return on Equity (ROE) has seen a marginal decline to 6.35%, partly due to the company's expanded equity base.
What to track next
Investors should monitor the outcome of the AGM regarding the related-party transaction resolution and any specific commentary on margin recovery strategies during the proceedings.