Emami Paper Mills doubles annual profit to ₹61.38 crore
Profit growth outpaced revenue, which remained flat at ₹1,928 crore. The board recommended a dividend of ₹3.20 per equity share.
— 1 earlier story on Emami Paper Mills Ltd. →What's new
- Annual net profit rose to ₹61.38 cr from ₹26.01 cr.
- Total income remained flat at approximately ₹1,928 cr.
- Board recommended a dividend of ₹3.20 per equity share.
Why this matters
The company achieved a sharp profit gain despite stagnant top-line growth. Internal cost management or product mix changes are driving the earnings. The next test is whether these gains hold if revenue growth remains flat.
What we're watching
- Whether the profit gains persist in the next fiscal year.
- Shareholder approval for the proposed dividend at the AGM.
- Operational updates from the re-appointed Vice Chairman.
The full read
Emami Paper Mills delivered a sharp jump in profitability for the fiscal year ended March 2026. Net profit climbed to ₹61.38 crore, more than doubling the ₹26.01 crore reported in the previous year. This performance is distinct because total income remained flat at approximately ₹1,928 crore. For a company with a market capitalization under ₹500 crore, this gain indicates a focus on operational efficiency. The board responded to the improved cash flow by recommending a dividend of ₹3.20 per equity share and ₹8 per preference share. Leadership continuity is also locked in, with the re-appointment of Manish Goenka as Vice Chairman for a three-year term starting in July. V.K. Jain & Co. will act as the cost auditor for the upcoming year. The next test is whether the company can maintain these earnings if revenue growth remains stagnant.
Questions answered
- How did profit grow while revenue remained flat?
- Total income held steady at approximately ₹1,928 crore. The profit jump to ₹61.38 crore points to improved operational efficiency or a shift in product mix.
- What is the dividend payout for shareholders?
- The board recommended a dividend of ₹3.20 per equity share and ₹8 per preference share. This is subject to approval at the upcoming annual general meeting.
- Are there any changes to the company's leadership?
- The board re-appointed Manish Goenka as Vice Chairman for a three-year term. His new tenure begins in July 2026.
- Who will oversee the company's cost compliance?
- V.K. Jain & Co. will act as the cost auditor for the 2026-27 financial year.
Story so far
All notes on EMAMIPAP →- 28 May 2026 · 5:49 PM IST Emami Paper Mills doubles annual profit to ₹61.38 crore
- today Emami Paper Mills doubles annual profit to ₹61.38 crore