Star Paper Mills revenue slides 6% as annual profit drops 20%
The company reported annual revenue of ₹409.94 crore and net profit of ₹32.75 crore, maintaining a dividend of ₹2.50 per share.
What's new
- Annual revenue fell 6% to ₹409.94 crore.
- Net profit declined 20% to ₹32.75 crore.
- The board recommended a dividend of ₹2.50 per share.
Why this matters
The results are a routine update for the company, tracking closely with the trends seen in its nine-month unaudited figures. There are no surprises here, and the consistent dividend payout suggests management is maintaining its established capital allocation policy.
What we're watching
- Whether the revenue decline stabilizes in the coming quarters.
- Any commentary on margin pressure impacting the 20% profit drop.
- Future demand trends in the paper sector.
The full read
Star Paper Mills closed the year ended March 2026 with a 6% decline in revenue to ₹409.94 crore. Profitability faced steeper pressure, with net profit falling 20% to ₹32.75 crore. These audited results offer no surprises, as they align with the trajectory established in the company's earlier nine-month reports.
Management maintained its capital allocation strategy, recommending a dividend of ₹2.50 per share, a figure consistent with previous years.
For this nano-cap entity, the filing is a routine update that confirms a period of contraction rather than growth. It is a quiet year.
Questions answered
- How did Star Paper Mills perform in FY26?
- The company saw a 6% revenue decline to ₹409.94 crore and a 20% drop in net profit to ₹32.75 crore compared to the previous year.
- What is the dividend payout for the year?
- The board recommended a dividend of ₹2.50 per share, which is consistent with the company's past payouts.
- Were these results expected?
- Yes, the audited figures are broadly in line with the trends observed in the company's unaudited nine-month results.