Orient Press narrows annual losses as it shifts packaging production
The nano-cap printer cut its annual loss to ₹1.17 crore and plans to relocate its loss-making flexible packaging division to Greater Noida.
What's new
- Annual revenue fell to ₹128.14 crore from ₹142.54 crore.
- The company turned a profit of ₹29.84 lakh in the final quarter.
- Flexible packaging operations will move from Tarapur to Greater Noida in June 2026.
Why this matters
The flexible packaging division accounts for 38% of revenue but posted a segment loss of ₹9.35 crore this year. Consolidating these facilities is a high-stakes attempt to fix the company's primary drain on profitability.
What we're watching
- Whether the Greater Noida facility improves margins in the upcoming quarters.
- If the revenue decline stabilizes after the operational shift.
- The impact of relocation costs on short-term cash flow.
The full read
Orient Press is attempting a turnaround. The ₹61 crore market-cap firm narrowed its annual loss to ₹1.17 crore for FY26, compared to a ₹2.77 crore loss the year prior. While annual revenue slipped to ₹128.14 crore from ₹142.54 crore, the company returned to profitability in the final quarter with a profit of ₹29.84 lakh. The board is now betting on a structural fix for its flexible packaging division. That unit generates 38% of total turnover but posted a segment loss of ₹9.35 crore this year. By relocating operations from Tarapur to Greater Noida in June 2026, management hopes to consolidate production and capture economies of scale. This is a clear attempt to stop the bleeding in its largest revenue-generating segment. The next test is whether this relocation delivers the cost efficiencies the company expects or merely adds to the transition burden.
Questions answered
- How did the company perform financially in FY26?
- Orient Press reported a net loss of ₹1.17 crore, an improvement over the ₹2.77 crore loss recorded in the previous fiscal year. Total revenue for the year was ₹128.14 crore, down from ₹142.54 crore.
- What is the status of the flexible packaging division?
- The division contributes 38% of total turnover but remains a loss-making segment, having incurred a loss of ₹9.35 crore this year.
- Why is the company moving its manufacturing operations?
- The board approved a partial relocation from Tarapur to Greater Noida to consolidate production. The goal is to achieve economies of scale and improve cost efficiency in the struggling division.
- When does the relocation take effect?
- The shift of manufacturing operations is scheduled to become effective in June 2026.