Kuantum Papers (KUANTUM)₹66.54−1.68%Paper & Paper Products
In the Mar 2026 quarter (standalone), Kuantum Papers reported sales of ₹301 Cr, up 8.7% from Mar 2025, and net profit of ₹13.99 Cr, down 46.2% year on year. For the year to Mar 2026, sales were ₹1,093 Cr and net profit ₹41.99 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 | 313 | 298 | 301 | 299 | 281 | 279 | 270 | 277 | 223 | 280 | 290 | 301 |
| Expenses | 203 | 218 | 222 | 235 | 209 | 218 | 220 | 217 | 183 | 244 | 250 | 253 |
| Operating Profit | 109 | 81.16 | 79.15 | 64.07 | 72.12 | 61.14 | 50.07 | 60.11 | 40.05 | 34.05 | 39.07 | 48.10 |
| OPM % | 35.1% | 27.1% | 26.1% | 21.1% | 25.1% | 22.1% | 19.1% | 22.1% | 18.1% | 12.1% | 14.1% | 16.1% |
| Other Income | 1.01 | 1.01 | 1.01 | 3.01 | 1.01 | 2.01 | 2.01 | 1.01 | 1.01 | 2.01 | 2.01 | 1.01 |
| Interest | 10.97 | 11.96 | 10.97 | 7.99 | 8.98 | 8.98 | 9.97 | 9.98 | 9.98 | 11.97 | 10.97 | 12.97 |
| Depreciation | 11.99 | 12.01 | 12.01 | 11.99 | 13.01 | 13.01 | 14.01 | 14.99 | 14.99 | 15.99 | 16.99 | 17.01 |
| Profit before tax | 86.73 | 56.86 | 55.81 | 45.88 | 50.88 | 39.89 | 27.94 | 35.90 | 15.96 | 7.97 | 12.96 | 18.95 |
| Tax % | 24.9% | 26.0% | 25.0% | 27.0% | 25.0% | 25.0% | 26.0% | 28.0% | 26.0% | 31.0% | 26.9% | 23.0% |
| Net Profit | 65.06 | 43.03 | 42.02 | 34.02 | 38.04 | 30.01 | 21.02 | 26.02 | 12.01 | 6.01 | 10.01 | 13.99 |
| EPS (Rs) | 7.47 | 4.90 | 4.84 | 3.89 | 4.39 | 3.44 | 2.41 | 3.00 | 1.39 | 0.67 | 1.13 | 1.65 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 527 | 609 | 705 | 793 | 746 | 404 | 830 | 1,312 | 1,213 | 1,107 | 1,093 | 1,095 |
| Expenses | 459 | 489 | 555 | 636 | 624 | 373 | 708 | 929 | 859 | 858 | 929 | 929 |
| Operating Profit | 65.12 | 118 | 148 | 156 | 119 | 30.05 | 120 | 380 | 351 | 247 | 163 | 161 |
| OPM % | 12.1% | 19.1% | 21.1% | 20.1% | 16.1% | 7.1% | 14.1% | 29.1% | 29.1% | 22.1% | 15.1% | 14.7% |
| Other Income | 1.01 | 3.01 | 3.01 | 9.03 | 9.02 | 1.01 | 4.01 | −60.17 | −12.04 | 3.01 | 6.01 | 6.04 |
| Interest | 19.95 | 20.95 | 24.94 | 28.94 | 30.93 | 27.94 | 69.84 | 70.80 | 43.93 | 39.90 | 46.91 | 45.89 |
| Depreciation | 13.99 | 15.01 | 19.02 | 25.01 | 31.99 | 35.02 | 45.97 | 44.99 | 47.99 | 53.99 | 65.03 | 64.98 |
| Profit before tax | 32.91 | 83.78 | 107 | 111 | 64.82 | −31.90 | 7.97 | 202 | 247 | 155 | 56.84 | 55.84 |
| Tax % | 25.0% | 30.0% | 32.0% | 30.0% | −10.0% | −60.0% | −74.1% | 33.0% | 26.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −8.97 | 0.00 | −41.87 | −12.95 | −1.99 | 0.00 | — |
| Net Profit | 25.01 | 59.07 | 72.99 | 78.04 | 72.05 | −13.01 | 12.99 | 136 | 184 | 115 | 41.99 | 42.02 |
| EPS (Rs) | 2.82 | 6.80 | 8.37 | 8.95 | 8.24 | −1.47 | 1.55 | 15.62 | 21.12 | 13.22 | 4.82 | 4.84 |
| Dividend payout % | 4.0% | 3.0% | 3.0% | 6.0% | 3.0% | 0.0% | 0.0% | 19.1% | 14.1% | 23.0% | 52.0% | — |
| Mar 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 | 8.99 | 8.99 | 9.01 | 9.01 | 8.99 | 8.99 | 8.99 | 8.98 | 9.01 | 9.01 | 9.01 | 9.01 |
| Reserves | 532 | 551 | 612 | 682 | 757 | 822 | 808 | 821 | 957 | 1,113 | 1,203 | 1,218 |
| Borrowings | 224 | 243 | 302 | 321 | 395 | 574 | 690 | 762 | 513 | 513 | 655 | 871 |
| Other Liabilities | 91.25 | 100 | 88.42 | 110 | 123 | 144 | 109 | 82.60 | 211 | 251 | 246 | 302 |
| Total Liabilities | 856 | 903 | 1,012 | 1,121 | 1,284 | 1,549 | 1,614 | 1,674 | 1,689 | 1,887 | 2,112 | 2,399 |
| Fixed Assets | 673 | 686 | 772 | 824 | 977 | 1,034 | 1,436 | 1,406 | 1,414 | 1,474 | 1,618 | 1,838 |
| CWIP | 25.95 | 49.95 | 41.93 | 83.85 | 54.93 | 310 | 20.95 | 28.93 | 30.94 | 41.90 | 156 | 263 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Other Assets | 157 | 166 | 198 | 213 | 251 | 206 | 158 | 239 | 245 | 371 | 338 | 298 |
| Inventories | 48.14 | 53.23 | 61.24 | 74.28 | 64.17 | 92.29 | 52.18 | 87.26 | 90.28 | 113 | 126 | 131 |
| Trade receivables | 44.14 | 36.07 | 34.10 | 32.07 | 33.11 | 14.03 | 33.09 | 61.12 | 29.08 | 34.09 | 39.09 | 44.08 |
| Cash & equivalents | 23.93 | 6.98 | 35.90 | 47.87 | 65.81 | 18.96 | 15.95 | 16.96 | 16.95 | 77.77 | 20.96 | 47.87 |
| Total Assets | 856 | 903 | 1,012 | 1,121 | 1,284 | 1,549 | 1,614 | 1,674 | 1,689 | 1,887 | 2,112 | 2,399 |
| Mar 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 | 32.08 | 57.11 | 73.15 | 131 | 136 | 75.17 | 80.14 | 48.08 | 376 | 299 | 177 | 219 |
| Cash from investing activity | −55.82 | −49.84 | −92.67 | −131 | −149 | −251 | −177 | −34.88 | −59.75 | −156 | −314 | −320 |
| Cash from financing activity | 22.95 | −5.99 | 40.93 | −7.99 | 38.91 | 138 | 97.81 | −10.98 | −317 | −72.91 | 75.80 | 134 |
| Net cash flow | 0.00 | 0.00 | 21.03 | −8.01 | 25.05 | −39.03 | 0.00 | 3.01 | −2.01 | 69.10 | −61.07 | 32.02 |
| Capex | 37.07 | 69.09 | 79.10 | 115 | 163 | 277 | 184 | 43.11 | 65.10 | 176 | 314 | 328 |
| Free cash flow | −4.01 | −12.05 | −6.02 | 17.07 | −27.11 | −203 | −104 | 9.04 | 313 | 132 | −134 | −107 |
| CFO / OP % | 60.9% | 98.9% | 74.9% | 105.0% | 103.0% | 72.0% | 271.9% | 40.9% | 101.0% | 101.0% | 84.9% | 139.0% |
| Mar 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 | 32 | 25 | 21 | 17 | 15 | 7 | 30 | 27 | 8 | 10 | 13 | 15 |
| Inventory days | 106 | 101 | 116 | 132 | 94 | 140 | 144 | 113 | 87 | 125 | 140 | 132 |
| Days payable | 54 | 47 | 47 | 54 | 47 | 42 | 124 | 47 | 25 | 64 | 47 | 65 |
| Cash conversion cycle | 86 | 81 | 92 | 96 | 64 | 106 | 52 | 95 | 72 | 74 | 108 | 84 |
| Working capital days | −4 | −4 | −6 | 0 | −5 | −19 | −17 | 10 | −4 | −22 | −25 | −60 |
| ROCE % | 10.1% | 7.0% | 12.1% | 14.1% | 13.1% | 8.1% | 0.0% | 5.0% | 22.1% | 20.1% | 11.0% | 5.0% |
For the Mar 2026 quarter, Kuantum Papers reported sales of ₹301 Cr, up 8.7% year on year and net profit of ₹13.99 Cr, down 46.2% year on year. The operating margin was 16.1%.
Kuantum Papers' sales for the year to Mar 2026 were ₹1,093 Cr; over the last twelve months they were ₹1,095 Cr.
Net profit for the year to Mar 2026 was ₹41.99 Cr, and ₹42.02 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.84.
Kuantum Papers reported borrowings of ₹871 Cr at Mar 2026, against cash and equivalents of ₹47.87 Cr.
Cash from operations was ₹219 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹107 Cr.