Tipsheet
What matters at India’s listed companies
Notes / Sector

Paper Products

60 recent notes from companies in this sector. 20 companies tracked.

Anchor companies · by market cap
Recent activity
Tue · 28 Jul
5
Paper Products

Astron Paper invites resolution plans as sales collapse to ₹72.5 lakh

The resolution professional has called for expressions of interest by July 25, but with no employees and negligible production, the chances of a viable bid are slim.

ASTRON Micro cap 5:25 PM
5
Paper Products

Sundaram launches AI learning platform for Maharashtra schools

The new platform adds AI content creation, question bank generation, and personalized learning features, but the company hasn’t disclosed investment or expected revenue, leaving near-term material impact unclear.

SUNDARAM Micro cap 11:14 AM
Mon · 27 Jul
6
Earnings · Paper Products

JK Paper's Q1 profit jumps 63% on volumes, product mix

Revenue climbs 13% to ₹1,998.67 crore, EBITDA up 18%; BCTMP plant commissioned, additional stake in Borkar Packaging.

JKPAPER Mid cap 6:28 PM
6
Earnings · Paper Products

JK Paper Q1 profit jumps 42% on volumes, product mix

Net profit rises to ₹130.12 cr from ₹91.90 cr qoq; BCTMP plant commissioned, Borkar stake hiked to 87.36%.

JKPAPER Mid cap 6:07 PM
6
Earnings · Paper Products

JK Paper Q1 profit jumps 49-63%; BCTMP plant on stream

Standalone net profit ₹113 cr vs ₹76.22 cr YoY; consolidated ₹136.27 cr vs ₹83.75 cr. New hardwood pulp plant at Gujarat began production on June 30, expected to cut import reliance.

JKPAPER Mid cap 6:03 PM
Sat · 25 Jul
6
Earnings · Paper Products

Seshasayee Paper doubles profit to ₹33.59 cr, warns of margin squeeze ahead

A strong volume-led Q1 is shadowed by cost pressures from the West Asian conflict, a price rollback, and rising ocean freight. The ₹270 cr Erode expansion is on track.

SESHAPAPER Small cap 3:26 PM
6
Earnings · Paper Products

Seshasayee Paper net profit nearly doubles to ₹33.59 cr in June quarter

Revenue surged 27.7% to ₹492 cr, marking a strong start to FY27. Profit grew 97% versus a 28% revenue rise, and the debt-free balance sheet offers flexibility.

SESHAPAPER Small cap 2:08 PM
5
Earnings · Paper Products

Seshasayee Paper net profit nearly doubles to ₹33.59 cr in June quarter

Revenue climbs 27.7% to ₹492 crore; TIIC nominee director appointed in routine governance move.

SESHAPAPER Small cap 2:00 PM
Sat · 18 Jul
5
Earnings · Paper Products

Rama Paper Mills FY26 loss at ₹6.14 cr, going concern flagged

Net loss of ₹6.14 cr pushes net worth to negative ₹51.15 cr; auditor flags going-concern risk. Resolution plan awaits NCLT approval.

RAMAPPR-B Micro cap 6:10 PM
Fri · 17 Jul
7
Paper Products

ICRA gives NR Agarwal ₹182 cr more rope for its greenfield plant

Rating reaffirmed at A- stable and A2+, but enhanced limits from ₹955.64 cr to ₹1,137.57 cr show lenders backing Unit VI. Debt metrics will stay under pressure.

NRAIL Micro cap 1:25 PM
Tue · 14 Jul
6
Paper Products

String Metaverse launches blockchain billing platform in beta with 31,000 users

BillsOnChain on Hedera network targets governments and businesses; early adoption includes 830,000 receipts and 430,000 NFTs on-chain.

META Micro cap 1:14 PM
Mon · 13 Jul
6
Earnings · Paper Products

Cella Space posts ₹16.53 cr June quarter revenue, up from ₹1.82 cr YoY

Standalone PAT rises to ₹7.29 cr from ₹1.35 cr. Board also approves ₹2 cr preference share redemption.

CELLA Micro cap 6:15 PM
Tue · 07 Jul
6
Credit · Paper Products

India Ratings cuts Kuantum to 'IND A-' after profit sinks 64%

One-notch downgrade hits ₹1,070 cr in bank facilities; net profit fell 64% in FY26, guidance slashed, projects deferred.

KUANTUM Micro cap 4:25 PM
Sat · 04 Jul
8
Paper Products

NCLT confirms Tridev Infra capital reduction, shares to halve

Scheme reduces paid-up value per share to ₹5, consolidates 2:1, writes off ₹3.83 cr accumulated losses; no change in ownership ratios.

ASHUTPM Micro cap 11:33 AM
Fri · 03 Jul
5
Earnings · Paper Products

Saffron profit slips 44% as paper business drags

Consolidated profit fell to ₹1.57 cr from ₹2.81 cr; real estate revenue held but paper segment lost ₹2.22 cr. Net worth remains negative at ₹8.19 cr despite ₹9.88 cr debt reduction.

SAFFRON Micro cap 4:12 PM
Tue · 30 Jun
7
Paper Products

JK Paper's BCTMP plant starts commercial production, cuts import reliance

The hardwood pulp plant at Sirpur began commercial output on June 30, 2026, reducing dependence on imported pulp and strengthening raw material security.

JKPAPER Mid cap 5:07 PM
7
Paper Products

Sanjeev Lunkad pushes stake in Gujarat Winding Systems past 11%

Open-market purchase of 7,179 shares keeps up a creeping-acquisition pattern at a ₹4-crore nano-cap with negative earnings

HITECHWIND Micro cap 11:35 AM
Mon · 29 Jun
5
Paper Products

TNPL operations chief quits after 13 months, effective June 2026

Yogendra Kumar Varshney resigns as ED (Operations) and CRO citing personal reasons. No successor named. Long notice period points to planned transition.

TNPL Small cap 6:12 PM
5
Paper Products

Orient Paper's COO steps down, successor named same day

C.S. Kashikar resigned for personal reasons effective June 29, 2026. Yogendra K. Varshney, a 30-year industry veteran, takes over from June 30.

ORIENTPPR Micro cap 4:30 PM
Tue · 16 Jun
7
Order Wins · Paper Products

KS Smart lands ₹111 cr non-binding LOI for UP digital infrastructure

The order, worth 8.5% of FY26 revenue, is a non-binding letter of intent from UPDESCO. Final agreement and execution by Oct 2026.

SOMAPPR Small cap 5:51 PM
8
Paper Products

Pakka's CFO resigns as credit downgrade, debt pressure mount

Chief financial officer Neetika Suryawanshi steps down effective June 30, leaving a key vacancy as the packaging company faces a two-notch downgrade, a promoter pledge, and project delays.

PAKKA Micro cap 4:50 PM
Wed · 10 Jun
7
Paper Products

Comfort Securities builds a 7.49% stake in Three M Paper

A financial institution bought a net 2.7% of a ₹50 crore market-cap company over two months, crossing the mandatory disclosure threshold.

THREEMPAPE Micro cap 11:11 AM
8
Credit · Paper Products

Pakka's bank debt is downgraded to junk as CARE stops getting answers.

A two-notch downgrade on ₹618 crore of loans leaves the nano-cap in the 'Issuer Not Cooperating' category. The rating agency couldn't verify the company's finances.

PAKKA Micro cap 4:03 AM
Tue · 09 Jun
8
Credit · Paper Products

Pakka's promoter pledged 28% of the company to secure a ₹540 cr NCD.

The largest single pledge in Pakka's history secures a high-coupon debt issue for a nano-cap with a ₹360 cr market cap. It's bigger than the promoter's likely entire holding.

PAKKA Micro cap 10:48 AM
Sat · 06 Jun
5
Paper Products

Pudumjee plans to sell surplus solar and wind power from its plants

The board wants to amend the company's charter to allow power sales from its renewable assets, pending shareholder approval.

PDMJEPAPER Micro cap 5:42 PM
Fri · 05 Jun
6
Paper Products

String Metaverse skips promoter bonus to fix its public-float shortfall

Public shareholders get a 2-for-9 bonus. The promoter group waived its entitlement to push the company toward SEBI's 25% minimum.

META Micro cap 2:23 PM
Thu · 04 Jun
8
Paper Products

Andhra Paper's Kadiam unit is still silent. Each idle day costs ₹1.4 crore.

Workmen didn't come back after the lockout was lifted. The company now faces a total production halt, with a daily revenue loss it says is material.

ANDHRAPAP Small cap 6:18 PM
Tue · 02 Jun
6
Concalls · Paper Products

Pakka pauses Guatemala, delays flagship plant, and swaps banks for high-cost debt

The nano-cap has indefinitely shelved its US expansion, pushed Project Jagriti to late 2026, and replaced its bankers with costly debentures after a failed fundraise.

PAKKA Micro cap 7:05 PM
7
Paper Products

String Metaverse appoints ex-BSE chairman Ravi to lead its board

The micro-cap names a former stock-exchange head as chairman after two board exits. Dr. Ravi's appointment signals a governance upgrade for the ₹1,046 crore company.

META Micro cap 5:46 PM
Mon · 01 Jun
6
Earnings · Paper Products

Astron Paper's auditor issues disclaimer. All plants are shut, loans are defaulted.

The interim resolution professional approved audited results showing a net loss of ₹5.55 crore, but the auditor flagged 19 material concerns and gave a disclaimer of opinion.

ASTRON Micro cap 3:38 PM
6
Earnings · Paper Products

Astron's auditor disclaims opinion; revenue fell to ₹6.69 lakh

A company in insolvency reported near-zero revenue for the quarter as plants sit shut and the auditor walked away from the numbers.

ASTRON Micro cap 3:23 PM
Sat · 30 May
5
Earnings · Paper Products

Aten Papers posts 34.5% revenue growth but profit barely moves

A routine annual filing confirms strong top-line momentum for the nano-cap paper maker, but a wide gap between sales and profit growth raises a question about costs.

ATENPAPERS Micro cap 11:06 PM
5
Earnings · Paper Products

Shreenath Paper posts 12% revenue growth, profit slips marginally

The nano-cap's annual results are in line with expectations, with no material surprises to drive the stock.

SHREENATH Micro cap 10:36 PM
6
Earnings · Paper Products

B&B Triplewall swings to ₹23 cr profit after a loss year

The packaging company's revenue grew 26% and it turned ₹4.3 cr of red ink into black. The quarterly trend is equally sharp.

BBTCL Micro cap 6:12 PM
Wed · 27 May
5
Earnings · Paper Products

Three M Paper's profit drops 28% on rising costs despite revenue growth.

Annual revenue rose 11.9% to ₹297 cr, but net profit fell to ₹7.17 cr from ₹9.99 cr in FY25.

THREEMPAPE Micro cap 5:43 PM
6
Earnings · Paper Products

Magnum swings to a loss as auditors can't verify its books

A ₹11.38 cr net loss replaces last year's profit, and auditors have flagged a dozen red flags — from unverifiable assets to an SEBI trading ban on the board.

MAGNUM Micro cap 4:36 PM
5
Earnings · Paper Products

West Coast Paper Mills reports 54% annual profit drop

Annual net profit fell to ₹155.73 crore, though management points to an 82% sequential profit recovery in the final quarter.

WSTCSTPAPR Small cap 4:23 PM
6
Earnings · Paper Products

West Coast Paper Mills profit drops 54% as dividend is slashed

Annual profit fell to ₹155.73 crore on modest revenue growth, while an ongoing lockout at a subsidiary plant adds operational pressure.

WSTCSTPAPR Small cap 3:26 PM
5
Earnings · Paper Products

West Coast Paper Mills profit drops 54% as dividend is slashed

Annual results show a sharp decline in consolidated profit to ₹155.73 crore, prompting the board to cut the dividend payout.

WSTCSTPAPR Small cap 3:18 PM
Tue · 26 May
7
Paper Products

Subam Papers backs its subsidiary with a ₹11.70 cr corporate guarantee

Subam Papers has pledged credit support to its 80%-owned unit, Nellai Subam Packaging, covering a cash credit limit and a term loan at HDFC Bank.

SUBAM Micro cap 9:20 PM
6
Earnings · Paper Products

Subam Papers profit drops 35% as margins shrink to 2.21%

Revenue grew to ₹494.8 crore, but rising raw material costs eroded the bottom line for the year ended March 31, 2026.

SUBAM Micro cap 9:16 PM
6
Earnings · Paper Products

Cella Space revenue triples as Q4 acquisition boosts balance sheet

Consolidated revenue hit ₹746.33 lakhs for FY26, with the fourth quarter alone accounting for ₹530.94 lakhs of that total.

CELLA Micro cap 6:53 PM
6
Earnings · Paper Products

Vapi Enterprise's auditor flags four issues, including no plan for land-sale cash.

A modified audit opinion hits the nano-cap on accounting standards, software controls, a stuck deposit, and a missing strategy for asset-sale proceeds.

VAPIENTER Micro cap 5:22 PM
5
Earnings · Paper Products

Gratex posts ₹11 lakh profit. A nano-cap's routine annual filing.

FY26 results for a ₹7 crore market-cap company show modest growth. The audit is clean.

GRATEXI Micro cap 4:53 PM
9
Paper Products

Pakka raises ₹540 cr in private debt, then surrenders its credit rating

A debt raise equal to 132% of its market cap. The nano-cap packaging firm is moving from rated bank loans to unlisted private debentures at steep coupons.

PAKKA Micro cap 4:30 PM
6
Earnings · Paper Products

Kuantum Papers profit falls 64% as costs and debt surge

Higher raw material, energy, and finance costs crushed margins, sending net profit to ₹41.95 crore. The dividend fell and net debt climbed.

KUANTUM Micro cap 4:23 PM
6
Earnings · Paper Products

Genus Paper profit jumps 80% on accounting change and asset sale

Net profit reached ₹14.58 crore for FY26, aided by a ₹4.30 crore reduction in depreciation and the divestment of a subsidiary.

GENUSPAPER Micro cap 1:19 PM
6
Earnings · Paper Products

Genus Paper & Boards profit jumps 80% as fire hits stockyard

Annual profit reached ₹14.58 crore on revenue of ₹939.97 crore, even as a late-May fire damaged raw material inventories at the Muzaffarnagar unit.

GENUSPAPER Micro cap 1:13 PM
Mon · 25 May
5
Earnings · Paper Products

B&A Packaging profit drops 28% even as sales climb 8.5%

Annual profit slid to ₹7.06 crore despite revenue rising to ₹142.19 crore. The company has not explained the margin hit.

BAPACK Micro cap 8:21 PM
5
Earnings · Paper Products

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.

BAPACK Micro cap 8:10 PM
5
Earnings · Paper Products

Star Paper Mills' profit dropped 20% on a 6% revenue slip

Full-year results confirmed the weaker trend from the nine-month update. Margin erosion was the story.

STARPAPER Micro cap 8:07 PM
6
Earnings · Paper Products

Abril Paper Tech's first year as a public company ends with a cash-flow crunch.

Full-year profit grew 6.3% to ₹1.50 crore, but the second half told a different story as revenue nearly halved and operating cash flow swung sharply negative.

APTL Micro cap 7:22 PM
5
Earnings · Paper Products

Abril Paper Tech's full-year profit grows 6% but cash flow turns negative

A modest full-year performance masks a sharp second-half slowdown and a swing to negative operating cash flow for the nano-cap paper maker.

APTL Micro cap 7:15 PM
5
Earnings · Paper Products

Sundaram approves FY26 results already disclosed. Nothing new.

A routine board meeting formally approved the annual results and two procedural items already known from prior filings.

SUNDARAM Micro cap 5:09 PM
6
Earnings · Paper Products

Sundaram Multi Pap swings to ₹3.18 cr profit, but cash reserves are shrinking

The nano-cap reversed a ₹5.12 cr loss to post a FY26 profit of ₹3.18 cr. Revenue grew 7.6%, but cash and cash equivalents fell.

SUNDARAM Micro cap 5:01 PM
7
Paper Products

Satia Industries shutting PM-3 for five months at Punjab plant

The micro-cap paper maker says the move is for long-term efficiency, but losing a machine for five months will hurt near-term output.

SATIA Micro cap 4:49 PM
6
Earnings · Paper Products

String Metaverse's profit nearly triples to ₹102.5 cr on gaming and HFT surge

Consolidated revenue more than doubled to ₹1,069 crore for the year. Auditors issued a clean opinion, and a first-time insider-trading breach was disclosed.

META Micro cap 4:31 PM
6
Earnings · Paper Products

String Metaverse revenue doubles to ₹1,069 cr as gaming and HFT scale

Net profit nearly tripled on strong gaming and HFT momentum. The board also flagged a first-time insider trading violation.

META Micro cap 4:12 PM
Fri · 22 May
6
Earnings · Paper Products

Balkrishna Paper Mills slips to a ₹651.65 lakh loss

Auditors warn that the nano-cap paper trader, now operating with a negative net worth of ₹17,544.16 lakhs, faces material going-concern uncertainty.

BALKRISHNA Micro cap 10:26 PM
6
Earnings · Paper Products

Balkrishna Paper Mills returns to losses as auditors flag going-concern risk

A negative net worth of ₹17,544.16 lakhs and discontinued operations have led auditors to question the company's future.

BALKRISHNA Micro cap 10:14 PM