Three M Paper Boards revenue climbs, but profit drops 28%
Annual revenue reached ₹297.19 crore, yet net profit slipped to ₹7.17 crore as margin pressure takes hold.
— 1 earlier story on Three M Paper Boards Ltd. →What's new
- Annual revenue from operations rose 11.9% to ₹297.19 crore.
- Net profit fell to ₹7.17 crore from ₹9.99 crore in the prior year.
- Total income for the year ended March 31, 2026, stood at ₹300.52 crore.
Why this matters
Three M Paper Boards generates revenue nearly six times its market cap, yet it struggles to convert that scale into bottom-line growth. The margin compression indicates that rising costs are outpacing the company's ability to sell more paper.
What we're watching
- Whether the company can stabilize margins in the coming quarters.
- Updates on the factory breakdowns mentioned in prior disclosures.
- Impact of supply chain costs on future profitability.
The full read
Three M Paper Boards grew its top line in FY26, but the gains failed to reach the bottom line. Revenue from operations rose 11.9% to ₹297.19 crore, with total income reaching ₹300.52 crore.
Profit fell 28%.
Despite this growth, net profit dropped to ₹7.17 crore from ₹9.99 crore in the previous year. The margin compression points to rising costs, potentially tied to supply chain disruptions and factory breakdowns. While the company maintains a revenue scale nearly six times its ₹51 crore market cap, the inability to protect margins remains a clear headwind for the business.
Questions answered
- How did the company's top line perform in FY26?
- Revenue from operations grew 11.9% to reach ₹297.19 crore, with total income for the year hitting ₹300.52 crore.
- What happened to the company's net profit?
- Net profit dropped by approximately 28% to ₹7.17 crore, down from ₹9.99 crore in the previous fiscal year.
- What is driving the decline in profitability?
- The company faces margin compression likely caused by escalating costs, which may be linked to supply chain issues and factory breakdowns.
- How does the company's revenue compare to its market valuation?
- The company's annual revenue is nearly six times its market capitalization of ₹51 crore.
Story so far
All notes on THREEMPAPE →- 27 May 2026 · 5:43 PM IST Three M Paper Boards revenue climbs, but profit drops 28%
- today Three M Paper Boards profit drops 28% as costs mount