How did Shreenath Paper's FY26 results compare to the prior year?

Revenue grew approximately 11.8% year-on-year, but net profit edged lower to ₹285.54 lakhs from ₹288.87 lakhs in FY25. The results were in line with expectations, with no major surprises.

What else did the board decide at this meeting?

Beyond approving the annual results, the board re-appointed the Chief Financial Officer and appointed an internal auditor. It also had a preliminary discussion about exploring joint ventures, but no concrete decisions were announced.

Why did profit fall even as revenue grew?

The filing does not break down the margin compression. For a company of this size, the year-on-year decline in profit could stem from higher input costs, operating expenses, or a changed product mix.

Is Shreenath Paper a large company?

No. It is a nano-cap with a market capitalisation of about ₹27 crore. The trading liquidity in the stock is likely very thin.

Earnings · Paper Products · Micro cap

Shreenath Paper's profit slips even as revenue grows 12%

Annual results for FY26 show modest top-line gains but a small dip in net profit for the nano-cap packaging firm.

SHREENATH By Tipsheet Editorial 30 May 2026 · 10:36 PM IST Verify on BSE · NSE

Mkt cap₹26.53 cr

P/E9.18×

ROE6.47%

Debt / eq.0.68

₹285.54 lakhs Net profit for FY26, down from ₹288.87 lakhs a year prior.

What's new

Shreenath Paper's FY26 revenue rose about 11.8% year-on-year.
Net profit fell slightly to ₹285.54 lakhs from ₹288.87 lakhs.
Board also re-appointed the CFO, appointed an internal auditor, and discussed JV possibilities.

Why this matters

The numbers tell the story of a company growing its top line while margins hold flat or compress slightly. For a nano-cap with a ₹27 crore market cap, the absolute profit dip is trivial in monetary terms, but it signals that volume growth isn't yet flowing to the bottom line.

What we're watching

Whether margin pressure persists in FY27 as raw material costs evolve.
Any concrete progress on the joint ventures discussed by the board.
Liquidity in the stock given its tiny float and market cap.

The full read

Shreenath Paper Products posted FY26 annual results showing revenue growth of about 11.8% year-on-year. Net profit, however, dipped to ₹285.54 lakhs from ₹288.87 lakhs. For a company with a ₹27 crore market capitalisation, the absolute numbers are small. The result is a picture of a nano-cap expanding its topline without yet converting that growth into higher earnings. The board's other decisions, re-appointing the CFO, hiring an internal auditor, and holding a preliminary chat about joint ventures, are standard governance items. None are market-moving.

Questions answered

How did Shreenath Paper's FY26 results compare to the prior year?: Revenue grew approximately 11.8% year-on-year, but net profit edged lower to ₹285.54 lakhs from ₹288.87 lakhs in FY25. The results were in line with expectations, with no major surprises.
What else did the board decide at this meeting?: Beyond approving the annual results, the board re-appointed the Chief Financial Officer and appointed an internal auditor. It also had a preliminary discussion about exploring joint ventures, but no concrete decisions were announced.
Why did profit fall even as revenue grew?: The filing does not break down the margin compression. For a company of this size, the year-on-year decline in profit could stem from higher input costs, operating expenses, or a changed product mix.
Is Shreenath Paper a large company?: No. It is a nano-cap with a market capitalisation of about ₹27 crore. The trading liquidity in the stock is likely very thin.

Mentioned: Shreenath Paper Products · ₹285.54 lakhs net profit · ₹27 crore market cap

Primary source BSE · NSE

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