How did B&A Packaging's profit fall while revenue grew?

Revenue rose ~8.5% to ₹142 cr but profit dropped ~28% to ₹7.06 cr. The filing doesn't break down the margin hit — it's a standard results disclosure without a detailed commentary segment.

What dividend did the board recommend?

A final dividend of Re.1 per share, subject to shareholder approval at the AGM. The dividend is modest, consistent with a company whose net profit is ₹7 cr on a ~₹87 cr market cap.

Is this filing routine or unusual?

It's a standard quarterly and annual results filing under SEBI's Listing Obligations. The profit decline is the only notable data point; there's no strategic pivot, M&A, or governance issue disclosed.

Earnings · Paper Products · Micro cap

B&A Packaging's profit slides 28% even as revenue grows 8.5%

The nano-cap packaging firm posted a ₹7.06 cr profit for FY26 on ₹142 cr revenue. It's recommending a ₹1 dividend.

— 1 earlier story on B&A Packaging India Ltd. →

BAPACK By Tipsheet Editorial 25 May 2026 · 8:10 PM IST Verify on BSE · NSE

Mkt cap₹84.63 cr

P/E11.98×

ROE11.89%

Debt / eq.0.02

Div yld0.56%

₹7.06 cr FY26 profit, down ~28% YoY despite top-line growth.

What's new

FY26 profit fell ~28% YoY to ₹7.06 cr on revenue of ₹142 cr.
Revenue grew ~8.5% YoY.
Board recommended a final dividend of Re.1 per share.

Why this matters

Revenue and profit moved in opposite directions. An 8.5% topline gain eroding into a 28% profit decline signals serious cost pressure or margin compression. For an ₹87 crore market-cap company, that divergence is material.

What we're watching

The drivers behind the profit decline — cost inflation, pricing, or a one-off?
Whether the Re.1 dividend is sustainable if margins keep slipping.
FY27 commentary on input costs and volume growth.

The full read

B&A Packaging grew revenue 8.5% to ₹142 crore in FY26. Profit fell 28% to ₹7.06 crore. The board is recommending a Re.1 per share final dividend. This is a nano-cap company with a market cap of about ₹87 crore, so the numbers are small, but the direction is what matters. A revenue gain that flows into a profit hit this sharp suggests either costs jumped or pricing power disappeared, or both. The filing doesn't explain why. That's what the FY27 commentary needs to address.

Questions answered

How did B&A Packaging's profit fall while revenue grew?: Revenue rose ~8.5% to ₹142 cr but profit dropped ~28% to ₹7.06 cr. The filing doesn't break down the margin hit — it's a standard results disclosure without a detailed commentary segment.
What dividend did the board recommend?: A final dividend of Re.1 per share, subject to shareholder approval at the AGM. The dividend is modest, consistent with a company whose net profit is ₹7 cr on a ~₹87 cr market cap.
Is this filing routine or unusual?: It's a standard quarterly and annual results filing under SEBI's Listing Obligations. The profit decline is the only notable data point; there's no strategic pivot, M&A, or governance issue disclosed.

Mentioned: B&A Packaging India Ltd. · Re.1 final dividend · FY26 results

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

B&A Packaging India Ltd.

Paper & Board

₹86 cr

P/E 12.22×

Latest quarter · Mar 2026

Sales₹33 cr

Net profit₹1 cr

Op. margin+7.8%

EPS₹2.12

Strength & growth

Debt / equity0.02×

Current ratio3.91×

Sales CAGR+15.5%

EPS CAGR+43.0%

Story so far

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25 May 2026 · 8:10 PM IST B&A Packaging's profit slides 28% even as revenue grows 8.5%
42d ago B&A Packaging profit drops 28% even as sales climb 8.5%