| Scrip Code | 532162 |
|---|---|
| NSE Symbol | JKPAPER |
| MSEI Symbol | NOTLISTED |
| ISIN | INE789E01012 |
| Name of company | JK PAPER LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 05-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 22-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Consolidated |
| 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 | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 05-02-2026 14:30:00 |
| End date and time of board meeting | 05-02-2026 16:45:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 1,76,300.00 | 5,18,569.00 | |
| Other income | 1,865.00 | 6,342.00 | |
| Total income | 1,78,165.00 | 5,24,911.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1,08,828.00 | 3,26,759.00 |
| (b) | Purchases of stock-in-trade | 2,058.00 | 2,640.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (317.00) | (11,416.00) |
| (d) | Employee benefit expense | 18,399.00 | 52,626.00 |
| (e) | Finance costs | 4,747.00 | 16,586.00 |
| (f) | Depreciation, depletion and amortisation expense | 9,703.00 | 27,730.00 |
| (f) | Other Expenses | ||
| 1 | Power, Fuel and Water | 13,195.00 | 40,058.00 |
| 2 | Others | 16,415.00 | 43,071.00 |
| Total other expenses | 29,610.00 | 83,129.00 | |
| Total expenses | 1,73,028.00 | 4,98,054.00 | |
| 3 | Total profit before exceptional items and tax | 5,137.00 | 26,857.00 |
| 4 | Exceptional items | (1,436.00) | (1,436.00) |
| 5 | Total profit before tax | 3,701.00 | 25,421.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,504.00 | 7,978.00 |
| 8 | Deferred tax | (556.00) | (1,641.00) |
| 9 | Total tax expenses | 948.00 | 6,337.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 2,753.00 | 19,084.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 2,753.00 | 19,084.00 |
| 17 | Other comprehensive income net of taxes | (736.00) | (829.00) |
| 18 | Total Comprehensive Income for the period | 2,017.00 | 18,255.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 2,740.00 | 18,337.00 | |
| Total profit or loss, attributable to non-controlling interests | 13.00 | 747.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 2,031.00 | 17,526.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (14.00) | 729.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 16,940.00 | 16,940.00 | |
| Face value of equity share capital | 10 | 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 | 1.61 | 10.82 | |
| Diluted earnings (loss) per share from continuing operations | 1.61 | 10.82 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 1.61 | 10.82 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.61 | 10.82 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | NOTES: CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER & NINE MONTHS ENDED 31st DECEMBER,2025 1. The performance has been adversely impacted mainly due to (i) planned annual shut at two major plants of JK Paper Ltd in Odisha and Gujarat leading to lower production, (ii) continued imports at a cheaper rate resulting in lower sales realisation, and (iii) sharp rupee depreciation against Euro impacting the finance cost. 2. The Government of India notified the four Labour Codes (New Labour Codes) effective from 21st November, 2025. On the basis of approved Central Rules and FAQs shared by the Ministry of Labour and Employment, the consolidated assessed incremental impact towards retiral obligations is Rs. 14.36 Cr and is disclosed as Exceptional Item. 3. The results are not comparable with previous periods since, (i) the Company had acquired 65.7% Equity Shares of Borkar Packaging Private Limited w.e.f. 28th October,2025, post which it became subsidiary of the Company and later increased to 71.96% as at 31st Decemer 2025; (ii) M/s Radhesham Wellpack Private Limited and Quadragen Vethealth Private Limited were not Subsidiaries of JK Paper Ltd in the corresponding period. The impact of Business Combination has been given in the consolidated financials as per IND AS 103. 4. The Board of Directors of JK Paper Ltd, at its meeting held on 13th December 2024, approved a Composite Scheme of Arrangement under Sections 230 to 232, read with Section 66 and other applicable provisions of the Companies Act, 2013, between the Company (the Transferee Company), its subsidiaries namely JKPL Utility Packaging Solutions Private Limited (formerly Manipal Utility Packaging Solutions Private Limited), Securipax Packaging Private Limited, Horizon Packs Private Limited and Enviro Tech Ventures Limited (the Transferor/Demerged Companies), and PSV Agro Products Private Limited (the Resulting Company), and their respective shareholders (the Scheme). The said Scheme has been approved by the Hon'ble National Company Law Tribunal, Ahmedabad (NCLT) vide its Order dated 3rd February 2026. The certified copy of the Order of the Hon’ble NCLT sanctioning the above Scheme is awaited. The Scheme shall be effective upon filing of the certified copy of the Order of the Hon’ble NCLT by the Applicant Companies with the relevant Registrar of Companies, accordingly, the effect of the Scheme will be given thereafter.. 5. The figures for the previous periods have been rearranged, wherever necessary. 6. There is only one reportable business segment namely ‘Paper and Packaging Products’. 7. These Consolidated Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 5th February,2026. Limited Review of these results has been carried out by the Auditors Further, the following line items which form part of the Consolidated Financial Results for the quarter and nine months ended 31st Dec, 2025, are reproduced below, as there are no rows designated for the same in the XBRL format: Additional disclosure as per regulation 52(4) of Security Exchange Board of India (Listing, Obligations and Disclosure Requirements) regulations, 2015 and relevant amendments thereafter : 1) Capital Redemption Reserve (Rs. in Crore) 11.84/11.84 2) Debenture Redemption Reserve (Rs. in Crore) # 4.74/4.74 3) Networth (Rs. in Crore) # 5489.77/5489.77 4) Net Profit after tax (Rs. in Crore) # 27.53 /190.84 5) Earning Per Share Basic # 1.61/10.82 Diluted#1.61/10.82 6) Debt Equity Ratio # 0.44/0.44 7) Long term Debt to Working Captial # 1.39/1.39 8) Total Debt to Total Assets # 0.23/0.23 9) Debt Service Coverage Ratio#0.95/1.28 10) Interest Service Coverage Ratio # 4.13/4.29 11) Current Ratio # 1.48/1.48 12) Bad Debt to Accounts Receviable Ratio # - 13) Current Liability Ratio #0.43/0.43 14) Debtor Turnover Ratio (Annualised) # 14.92/14.31 15) Inventory Turnover Ratio (Annualised)# 5.77/5.39 16) Operating Margin # 10.99%/13.56% 17) Net Profit Margin # 1.54 %/3.64% The Commercial Paper of the Company, having nominal value of Rs. 100 Crores are outstanding and not due for repayment as on 31.12.2025 |
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| Debt equity ratio | |
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| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Paper and Packaging | 1,68,902.00 | 5,04,304.00 | ||||
| 2 | Others | 7,559.00 | 14,843.00 | ||||
| Total Segment Revenue | 1,76,461.00 | 5,19,147.00 | |||||
| Less: Inter segment revenue | 161.00 | 578.00 | |||||
| Revenue from operations | 1,76,300.00 | 5,18,569.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Paper and Packaging | 7,540.00 | 36,248.00 | ||||
| 2 | Others | 479.00 | 853.00 | ||||
| Total Profit before tax | 8,019.00 | 37,101.00 | |||||
| i. Finance cost | 4,747.00 | 16,586.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (429.00) | (4,906.00) | |||||
| Profit before tax | 3,701.00 | 25,421.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Paper and Packaging | 9,66,774.00 | 9,66,774.00 | ||||
| 2 | Others | 91,123.00 | 91,123.00 | ||||
| Total Segment Asset | 10,57,897.00 | 10,57,897.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 10,57,897.00 | 10,57,897.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Paper and Packaging | 4,52,458.00 | 4,52,458.00 | ||||
| 2 | Others | 26,843.00 | 26,843.00 | ||||
| Total Segment Liabilities | 4,79,301.00 | 4,79,301.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 4,79,301.00 | 4,79,301.00 | |||||
| Disclosure of notes on segments | |||||||
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | RE-MEASUREMENT GAIN / (LOSS) ON DEFINED BENEFIT PLANS | 143.00 | (8.00) |
| 2 | EQUITY INSTRUMENTS THROUGH OTHER COMPREHENSIVE INCOME | (1,004.00) | (917.00) |
| Total Amount of items that will not be reclassified to profit and loss | (861.00) | (925.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (106.00) | (24.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | EXCHANGE DIFFERENCES ON TRANSLATING THE FINANCIAL STATEMENTS OF A FOREIGN OPERATIONS | 19.00 | 72.00 |
| Total Amount of items that will be reclassified to profit and loss | 19.00 | 72.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (736.00) | (829.00) |