Shree Karthik Papers (BSE 516106)₹5.32−8.75%Paper & Paper Products
In the Mar 2026 quarter (standalone), Shree Karthik Papers reported sales of ₹16.73 Cr, up 17.8% from Mar 2025, and net profit of ₹0.30 Cr. For the year to Mar 2026, sales were ₹63.14 Cr and net profit ₹0.35 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 20.10 | 15.43 | 14.65 | 14.61 | 14.41 | 15.18 | 14.01 | 14.20 | 15.96 | 16.03 | 14.42 | 16.73 |
| Expenses | 19.47 | 14.69 | 13.77 | 14.75 | 13.81 | 14.66 | 13.64 | 14.24 | 15.48 | 15.61 | 14.73 | 16.16 |
| Operating Profit | 0.60 | 0.74 | 0.87 | −0.14 | 0.58 | 0.48 | 0.35 | −0.05 | 0.45 | 0.40 | −0.32 | 0.55 |
| OPM % | 3.0% | 4.8% | 6.0% | −1.0% | 4.1% | 3.2% | 2.6% | −0.4% | 2.9% | 2.5% | −2.3% | 3.3% |
| Other Income | 0.03 | 0.02 | 0.02 | 0.05 | 0.01 | 0.02 | 0.11 | 0.02 | 0.18 | 0.03 | 0.33 | 0.06 |
| Interest | 0.23 | 0.22 | 0.20 | 0.21 | 0.15 | 0.12 | 0.15 | 0.12 | 0.09 | 0.17 | 0.12 | 0.12 |
| Depreciation | 0.29 | 0.29 | 0.29 | 0.00 | 0.20 | 0.22 | 0.22 | 0.21 | 0.20 | 0.21 | 0.20 | 0.20 |
| Profit before tax | 0.12 | 0.26 | 0.41 | −0.33 | 0.25 | 0.17 | 0.10 | −0.39 | 0.35 | 0.06 | −0.34 | 0.30 |
| Tax % | 0.0% | 8.0% | 7.5% | 12.5% | 0.0% | 12.5% | 22.2% | −5.3% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.12 | 0.23 | 0.38 | −0.38 | 0.25 | 0.15 | 0.08 | −0.38 | 0.34 | 0.07 | −0.34 | 0.30 |
| EPS (Rs) | 0.07 | 0.13 | 0.20 | −0.20 | 0.14 | 0.08 | 0.05 | −0.20 | 0.18 | 0.04 | −0.18 | 0.16 |
| Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.33 | 47.38 | 57.15 | 62.36 | 44.17 | 18.64 | 43.71 | 83.72 | 64.72 | 57.48 | 63.14 | 63.14 |
| Expenses | 23.03 | 43.24 | 51.34 | 72.01 | 41.14 | 17.71 | 41.69 | 81.45 | 62.58 | 55.87 | 62.01 | 61.98 |
| Operating Profit | 3.28 | 4.14 | 5.77 | −9.66 | 3.03 | 0.91 | 2.01 | 2.22 | 2.07 | 1.54 | 1.08 | 1.08 |
| OPM % | 12.4% | 8.7% | 10.1% | −15.6% | 6.9% | 4.9% | 4.6% | 2.6% | 3.2% | 2.7% | 1.7% | 1.7% |
| Other Income | 0.12 | 0.12 | 0.01 | 0.13 | 0.23 | 0.08 | 0.13 | 0.21 | 0.15 | 0.22 | 0.62 | 0.60 |
| Interest | 0.89 | 0.70 | 1.05 | 1.33 | 1.93 | 1.16 | 1.02 | 0.96 | 0.89 | 0.57 | 0.52 | 0.50 |
| Depreciation | 0.66 | 0.80 | 0.99 | 1.17 | 1.20 | 1.10 | 1.06 | 1.00 | 0.90 | 0.88 | 0.84 | 0.81 |
| Profit before tax | 1.86 | 2.77 | 3.76 | −12.09 | 0.14 | −1.28 | 0.09 | 0.48 | 0.44 | 0.32 | 0.35 | 0.37 |
| Tax % | 0.0% | 20.3% | 1.6% | 2.2% | 92.3% | 6.3% | 50.0% | 10.6% | 20.9% | 9.7% | 0.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 1.86 | 2.21 | 3.70 | −12.36 | 0.02 | −1.37 | 0.05 | 0.43 | 0.35 | 0.29 | 0.35 | 0.37 |
| EPS (Rs) | 0.98 | 1.16 | 1.94 | −6.47 | 0.02 | −0.72 | 0.03 | 0.23 | 0.19 | 0.16 | 0.19 | 0.20 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.57 | 9.56 | 9.57 | 9.56 | 9.57 | 9.57 | 9.57 | 9.57 | 9.57 | 9.57 | 9.57 | 9.57 |
| Reserves | −1.38 | 0.49 | 2.59 | 6.28 | −6.11 | −6.22 | −7.52 | −8.01 | −7.49 | −7.13 | −6.97 | −6.62 |
| Borrowings | 21.47 | 24.98 | 27.15 | 30.83 | 28.70 | 26.85 | 25.58 | 26.27 | 26.44 | 23.05 | 20.77 | 23.72 |
| Other Liabilities | 3.87 | 3.39 | 5.90 | 8.52 | 8.45 | 11.01 | 8.61 | 8.52 | 13.33 | 11.20 | 10.10 | 10.07 |
| Total Liabilities | 33.53 | 38.42 | 45.21 | 55.19 | 40.61 | 41.21 | 36.24 | 36.35 | 41.85 | 36.69 | 33.47 | 36.74 |
| Fixed Assets | 13.13 | 13.03 | 12.43 | 18.34 | 19.00 | 18.18 | 17.13 | 16.30 | 16.25 | 15.91 | 15.70 | 15.88 |
| CWIP | 0.00 | 0.00 | 3.02 | 0.86 | 0.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 | 0.12 | 0.07 |
| Other Assets | 20.40 | 25.39 | 29.76 | 35.99 | 20.71 | 23.03 | 19.11 | 20.05 | 25.53 | 20.71 | 17.65 | 20.79 |
| Inventories | 14.41 | 18.07 | 20.26 | 22.23 | 3.87 | 5.62 | 6.15 | 10.43 | 8.80 | 7.08 | 5.06 | 8.30 |
| Trade receivables | 4.38 | 5.09 | 5.27 | 8.24 | 10.22 | 9.32 | 5.53 | 3.30 | 10.02 | 7.43 | 7.41 | 7.83 |
| Cash & equivalents | 0.00 | 0.00 | 0.05 | 0.00 | 0.03 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 |
| Total Assets | 33.53 | 38.42 | 45.21 | 55.19 | 40.61 | 41.21 | 36.24 | 36.35 | 41.85 | 36.69 | 33.47 | 36.74 |
| Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −9.20 | −2.12 | 4.29 | 1.09 | 5.35 | 3.49 | 0.91 | 2.30 | 3.61 | 2.17 | 1.14 | 0.80 |
| Cash from investing activity | 1.64 | −0.57 | −3.27 | −4.74 | −1.89 | 0.26 | 0.07 | 0.73 | −1.90 | −0.78 | −0.50 | −1.00 |
| Cash from financing activity | 7.49 | 2.69 | −0.99 | 3.59 | −3.50 | −3.77 | −0.99 | −3.02 | −1.74 | −1.45 | −0.66 | 0.20 |
| Net cash flow | −0.13 | −0.02 | 0.07 | −0.06 | 0.00 | −0.02 | 0.00 | 0.03 | 0.02 | −0.04 | 0.03 | 0.02 |
| Capex | 1.22 | 0.55 | 3.25 | 4.72 | 1.84 | 0.39 | 0.03 | 0.24 | 1.05 | 0.59 | 0.66 | 1.03 |
| Free cash flow | −10.44 | −2.68 | 1.04 | −3.62 | 3.51 | 3.97 | 0.87 | 2.05 | 2.59 | 1.57 | 0.47 | −0.22 |
| CFO / OP % | −279.0% | −65.0% | 103.9% | 29.9% | −63.0% | 115.0% | 100.0% | 114.0% | 162.9% | 108.0% | 74.0% | 73.9% |
| Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 44 | 70 | 40 | 53 | 60 | 77 | 108 | 27 | 44 | 42 | 47 | 45 |
| Inventory days | 240 | 437 | 242 | 230 | 25 | 78 | 223 | 130 | 50 | 60 | 51 | 76 |
| Days payable | 39 | 53 | 47 | 56 | 40 | 136 | 270 | 82 | 69 | 82 | 86 | 81 |
| Cash conversion cycle | 246 | 455 | 237 | 227 | 45 | 20 | 62 | 76 | 26 | 20 | 13 | 41 |
| Working capital days | 62 | 112 | −35 | −13 | −96 | −139 | −323 | −138 | −77 | −100 | −107 | 23 |
| ROCE % | 9.0% | 8.4% | 9.3% | 11.2% | −27.3% | 6.6% | −0.4% | 4.0% | 5.1% | 4.9% | 3.6% | 2.1% |
For the Mar 2026 quarter, Shree Karthik Papers reported sales of ₹16.73 Cr, up 17.8% year on year and net profit of ₹0.30 Cr. The operating margin was 3.3%.
Shree Karthik Papers' sales for the year to Mar 2026 were ₹63.14 Cr; over the last twelve months they were ₹63.14 Cr.
Net profit for the year to Mar 2026 was ₹0.35 Cr, and ₹0.37 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.20.
Shree Karthik Papers reported borrowings of ₹23.72 Cr at Mar 2026, against cash and equivalents of ₹0.02 Cr.
Cash from operations was ₹0.80 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.22 Cr.