| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1.5 | 1.0 | +48.7% |
| EBITDA | −0.2 | −0.2 | — |
| EBITDA margin | −12.3% | −17.8% | +5.4 pts |
| Profit before tax | −1.4 | −1.3 | — |
| Net profit | 1.9 | −1.8 | — |
| EPS | ₹0.57 | −₹0.56 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 47.6 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.6 | 1.5 | 0.8 | 0.4 | 0.4 | ||
| 166 | 166 | 160 | 215 | 229 | ||
| 213 | — | — | — | — | ||
| 5.9 | 4.7 | 2.3 | 5.6 | 109 | ||
| — | +103.7% | −58.3% | −94.9% | — | ||
| −0.9 | −0.9 | −0.9 | −6.9 | −35.7 | ||
| −15.4% | −19.0% | −37.0% | −123.2% | −32.7% | ||
| −0.9 | −0.9 | −0.9 | −10.1 | −41.9 | ||
| −2.9 | −6.5 | 8.2 | −71.1 | −51.9 | ||
| −49.5% | −137.7% | 352.3% | −1,275.5% | −47.5% | ||
| −₹0.90 | −₹2.02 | ₹2.54 | −₹22.08 | −₹16.10 | ||
| — | −179.6% | +111.5% | −37.1% | — | ||
| — | −1.6 | −4.1 | −8.4 | −19.6 | ||
| — | 0.0 | 0.0 | −0.0 | −0.1 | ||
| −1.6 | −1.6 | −4.1 | −8.4 | −19.7 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 47.6 | |
| - Cash, Equiv & ST Investments | 0.4 | 0.4 | 0.8 | 1.5 | 0.6 | |
| + Total Debt | 228.7 | 215.1 | 160.0 | 166.1 | 166.1 | |
| Enterprise Value | — | — | — | — | 213.1 | |
| Revenue | 109.3 | 5.6 | 2.3 | 4.7 | 5.9 | |
| Growth %, YoY | — | -94.9 | -58.3 | +103.7 | — | |
| EBITDA | -35.7 | -6.9 | -0.9 | -0.9 | -0.9 | |
| Margin % | -32.70 | -123.22 | -36.96 | -19.02 | -15.44 | |
| EBIT | -41.9 | -10.1 | -0.9 | -0.9 | -0.9 | |
| Net Income | -51.9 | -71.1 | 8.2 | -6.5 | -2.9 | |
| Margin % | -47.46 | -1,275.49 | 352.32 | -137.70 | -49.53 | |
| EPS, Adj (current shares) | -16.10 | -22.08 | 2.54 | -2.02 | -0.90 | |
| Growth %, YoY | — | -37.1 | +111.5 | -179.6 | — | |
| Cash from Operations | -19.6 | -8.4 | -4.1 | -1.6 | — | |
| Capital Expenditures | -0.1 | -0.0 | -0.0 | -0.0 | — | |
| Free Cash Flow | -19.7 | -8.4 | -4.1 | -1.6 | -1.6 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Balkrishna Paper Mills (NSE: BALKRISHNA) had a market capitalisation of ₹51.9 crore at the 30 October 2026 close (₹16.11 a share). In FY26 its consolidated net loss was ₹6.5 crore on revenue of ₹4.7 crore; in Q2 FY27 (July–September 2026) it was ₹1.9 crore. Its net worth was negative (−₹175 crore) on 30 September 2026, with borrowings of ₹160 crore. Promoters held 59.95% of the shares on 30 September 2026.
Balkrishna Paper Mills' PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹2.9 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹51.9 crore at ₹16.11 a share.
Balkrishna Paper Mills' debt-to-equity ratio is not meaningful: its total equity was negative (−₹175 crore) on 30 September 2026, against borrowings of ₹160 crore. A negative equity means accumulated losses exceed the capital shareholders put in.
Balkrishna Paper Mills' net worth was negative on 30 September 2026: shareholders' equity of −₹175 crore in its consolidated balance sheet, meaning accumulated losses exceed the capital put in. The market still values the company at ₹51.9 crore (market capitalisation at the 30 October 2026 close).
Balkrishna Paper Mills' market capitalisation was ₹51.9 crore at the 30 October 2026 close: 3.22 crore shares at ₹16.11 each.
No. Balkrishna Paper Mills had borrowings of ₹160 crore on 30 September 2026 (consolidated balance sheet). Its cash and current investments were ₹78 lakh, so its net debt was ₹159 crore.
Balkrishna Paper Mills' basic earnings per share (EPS) were −₹2.02 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to −₹0.92.
Balkrishna Paper Mills' return on equity is not meaningful for FY26: shareholders' equity was negative (−₹175 crore on 31 March 2026), and a return on a negative base has no sign that can be read. Its return on capital employed (ROCE) was 4.2% — operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
In FY26, Balkrishna Paper Mills generated ₹1.6 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹1.6 crore. In FY25 it was −₹4.1 crore.
In FY26, Balkrishna Paper Mills earned net profit of ₹6.5 crore on revenue of ₹4.7 crore, against ₹19.5 crore on ₹333 crore for Malu Paper Mills. Balkrishna Paper Mills' operating margin was −19.3% (Malu Paper Mills −3.8%). At the 30 October 2026 close, Balkrishna Paper Mills' market capitalisation was ₹51.9 crore against ₹52.5 crore for Malu Paper Mills.
Promoters held 59.95% of Balkrishna Paper Mills on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Balkrishna Paper Mills' shares were held by promoters 59.95%, domestic institutions (DII) 0.03% and retail and other non-institutional investors 40.02%. Over the year, DII holding was unchanged.
Balkrishna Paper Mills' latest results are for Q2 FY27 (July–September 2026): consolidated net profit ₹1.9 crore, against a loss of ₹1.8 crore in Q2 FY26; revenue from operations ₹1.5 crore, up 48.7% year on year.
In FY26 (April 2025–March 2026), Balkrishna Paper Mills' consolidated net loss was ₹6.5 crore, against a profit of ₹8.2 crore in FY25, on revenue from operations of ₹4.7 crore (up 103.7%).
Balkrishna Paper Mills has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Malu Paper Mills, Magnum Ventures and Shreyans Industries: Balkrishna Paper Mills' operating margin of −19.3% is the lowest of the four (Malu Paper Mills −3.8%, Magnum Ventures 4.7%, Shreyans Industries 0.1%; peer average 0.3%).
From Balkrishna Paper Mills' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.