Integrated Filing — IndAS



General information about company
Scrip Code 539251
NSE Symbol BALKRISHNA
MSEI Symbol NOTLISTED
ISIN INE875R01011
Name of company BALKRISHNA PAPER MILLS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 13-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-Aug-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 13-Aug-2025   15:30:00
End date and time of board meeting 13-Aug-2025   18:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 11159000
Other income 150000
Total income 11309000
2 Expenses
(a) Cost of materials consumed 0
(b) Purchases of stock-in-trade 10391000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0
(d) Employee benefit expense 1498000
(e) Finance costs 12451000
(f) Depreciation, depletion and amortisation expense 40000
(f) Other Expenses
1 g)Other Expenses 859000 859000
Total other expenses 859000
Total expenses 25239000
3 Total profit before exceptional items and tax -13930000
4 Exceptional items 0
5 Total profit before tax -13930000
6 Tax expense
7 Current tax 0
8 Deferred tax 0
9 Total tax expenses 0
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations -13930000
12 Profit (loss) from discontinued operations before tax -3703000
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax -3703000
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period -17633000
17 Other comprehensive income net of taxes 0
18 Total Comprehensive Income for the period -17633000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 322195000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.43
Diluted earnings (loss) per share from continuing operations -0.43
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.11
Diluted earnings (loss) per share from discontinued operations -0.11
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.54
Diluted earnings (loss) per share from continuing and discontinued operations -0.54
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) n1 The above financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 13th August 2025 These financial results have been prepared in accordance with the Companies Indian Accounting Standard Rules 2015 as amended Ind AS prescribed under Section 133 of the Companies Act 2013 and other accounting practices and policies to the extent applicable n2 Discontinued Operations Manufacturing of Paper and Paperboard n The Board of Directors in their meeting held on 13th November 2024 decided to discontinue the manufacturing of Paper and Paperboards situated at Ambivali Accordingly the net results of Paper and Paperboards has been disclosed as discontinued operation as required by Indian Accounting Standard IND AS105 and Schedule III of the companies Act 2013 Consequently the Companys financial results for the quarter ended on 30th June 2025 and Quarter and year ended on 31st March 2025 pertains to its continuing operations and for that purpose the comparative results for the corresponding quarter ended have been restated n The information related to discontinued operations of paper and paper board business is as under n3 Going Concern n The Company is engaged in Trading in Paper and Paperboards and achieved a sales turnover of Rs 111.59 lakhs during Q1 FY26 Rs 232.36 lakhs FY25 The Company is having rich experience in the business of Paper and Paperboard Therefore Company is confident of improving its sales in the coming period Moreover the company has various other resources that can be put to optimum utilisation for generating future cash flows Looking in to all these factors the company has prepared its financials on a going concern basis n4 The Company has identified Paper and Paper Board Business and Trading of plastic and packaging materials as its reportable segment in accordance with the requirements of Ind AS 108 Operating Segments Accordingly segment information has been provided n5 Exceptional item includes n6 The figures of last quarter for the previous year are the balancing figures between the audited figures in respect of the full financial year ended 31st March and the unaudited published year to date figures upto the third quarter ended 31st December which were subjected to limited review by the statutory auditor n7 Previous periods years figures have been regrouped reclassified wherever necessary



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Paper and Paper Board 11159000 11159000
2 Trading of plastic & packaging materials 0 0
3 Manufacturing of Paper and Paper Board at Ambivali-Discontinue-refer note 2 0 0
Total Segment Revenue 11159000
Less: Inter segment revenue 0 0
Revenue from operations 11159000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Paper and Paper Board -1479000 -1479000
2 Trading of plastic & packaging materials 0 0
3 Manufacturing of Paper and Paper Board at Ambivali-Discontinue-refer note 2 -3703000 -3703000
Total Profit before tax -5182000
i. Finance cost 12451000 12451000
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax -17633000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Paper and Paper Board 12741000 12741000
2 Trading of plastic & packaging materials 0 0
3 Manufacturing of Paper and Paper Board at Ambivali-Discontinue-refer note 2 162780000 162780000
Total Segment Asset 175521000 175521000
Un-allocable Assets 0 0
Net Segment Asset 175521000 175521000
4 Segment Liabilities
Segment Liabilities
1 Paper and Paper Board 110320000 110320000
2 Trading of plastic & packaging materials 0 0
3 Manufacturing of Paper and Paper Board at Ambivali-Discontinue-refer note 2 65201000 65201000
Total Segment Liabilities 175521000 175521000
Un-allocable Liabilities 0 0
Net Segment Liabilities 175521000 175521000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 0





Details of Impact of Audit Qualification
Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 DSMR and CO Yes 31-Mar-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 0 0
2 Total Expenditure 0 0
3 Net Profit/(Loss) 0 0
4 Earnings Per Share 0 0
5 Total Assets 0 0
6 Total Liabilities 0 0
7 Net Worth 0 0


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block
Textual Information(1) The Companys net worth stands at negative of Rs 17069.16 Lakhs as at 30th June 2025 further as mentioned in note no 2 to the financial results which describes the discontinuance of the manufacturing activity of paper and paperboard situated at Ambivali This situation indicates that a material uncertainty exists that may cast significant doubt on the Companys ability to continue as going concern n nWe draw attention to note no 3 with respect to the preparation of the financial results on going concern basis based on the reasons and assumptions as stated in the aforesaid note The companys ability to continue as a going concern is dependent on generation of the expected cash flows to be able to meet its obligations as and when they arise n
Textual Information(2) No
Textual Information(3) Unascertainable
Textual Information(4) Qualification is not quatifiable
Textual Information(5) not quntifiable


Signatories detail
Name of CEO / Managing director ANURAG PODDAR
Name of CFO MANISH MALPANI
Name of audit committee chairman DILEEP H SHINDE
Name of statutory auditor D S M R and CO
Name of other signatory, if any, with designation
Place MUMBAI
Date 13-Aug-2025