Emami Paper Mills Q1 FY27 profit jumps 512%, revenue up 22%

Results announcement and board approval

Emami Paper Mills Limited (NSE: EMAMIPAP) announced its standalone unaudited financial results for the quarter ended 30 June 2026. The company said the board of directors considered and approved the results at its meeting held on 22 July 2026. As per the disclosure, the meeting started at 12:30 p.m. and concluded at 12:40 p.m.

The company also disclosed that a limited review report from its statutory auditor, SK Agrawal and Co Chartered Accountants LLP, was issued in line with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The quarterly financial results were prepared under Ind AS 34 for interim financial reporting, as prescribed under Section 133 of the Companies Act, 2013.

Q1 FY27 headline numbers: profit and revenue

For Q1 FY27, Emami Paper Mills reported standalone profit after tax (PAT) of ₹38.61 crore. Revenue from operations for the quarter stood at ₹560.16 crore.

The year-on-year comparison highlighted a sharp improvement in profitability. PAT rose from ₹6.31 crore in Q1 FY26 to ₹38.61 crore in Q1 FY27, a year-on-year increase of 511.86%. Revenue from operations increased to ₹560.16 crore from ₹459.76 crore in the year-ago quarter, marking 21.83% growth.

Operating performance: EBITDA and margins

The filing also pointed to a stronger operating performance during the quarter. EBITDA more than doubled to ₹82.9 crore in Q1 FY27 from ₹37.7 crore in Q1 FY26.

This translated into an expansion in EBITDA margin to 14.8% from 8.2% a year earlier. The year-on-year improvement of 660 basis points was presented as evidence of better operating leverage and cost efficiency in the quarter.

Profit before tax and comprehensive income

Profit before tax (PBT) for Q1 FY27 was reported at ₹53.26 crore, compared with ₹9.35 crore in Q1 FY26. The improvement in PBT broadly tracked the rise in EBITDA and the expansion in operating margin.

The company also reported total comprehensive income of ₹39.80 crore for Q1 FY27, compared with ₹5.42 crore in Q1 FY26. This metric is often tracked by investors to understand earnings after other comprehensive income items, and the disclosure indicated a stronger earnings profile versus the year-ago quarter.

EPS improves sharply year-on-year

Earnings per share (EPS) moved up materially alongside the rise in profit. Basic EPS for Q1 FY27 stood at ₹6.21, compared with ₹0.84 in Q1 FY26.

The company also disclosed diluted EPS of ₹5.69 for Q1 FY27, compared with ₹0.81 in Q1 FY26. These per-share indicators provided a direct view of the profitability change for equity shareholders over the year.

Preference share redemptions scheduled in July and September 2026

Alongside the quarterly results, the board noted the scheduled redemption of two series of unlisted optionally convertible redeemable preference shares. The two redemptions together total ₹123.75 crore, and are due in July and September 2026.

The first redemption relates to 7,50,000 Series II Tranche IV shares with a face value of ₹100 each and a redemption premium of ₹500 each. The company disclosed the aggregate redemption amount as ₹45 crore, with the redemption due on 31 July 2026.

The second redemption relates to 11,25,000 Series III shares with a face value of ₹100 each and a redemption premium of ₹600 each. The aggregate redemption amount was disclosed as ₹78.75 crore, with the redemption due on 16 September 2026.

Exceptional item linked to new labour codes

The company also referred to an exceptional item of ₹1.25 crore related to incremental retiral obligations. This item was linked to the assessment triggered by the Government of India’s notification of four new Labour Codes, stated as effective from 21 November 2025.

The disclosure tied this exceptional item to the financial year ended 31 March 2026, indicating that the obligation assessment was not a routine operating expense and was separately identified.

Stock price snapshot mentioned in market feeds

The text also carried market snapshots for the stock across exchanges. On BSE, the price was shown at 100.88 with a move of 6.64 (7.05%). On NSE, the price was shown at 98.86 with a move of 4.28 (4.53%). The update timestamp in the text was listed as Tue 21 Jul, 2026 | 15:29:51.

These figures were presented as point-in-time market data and not as part of the company’s financial statements.

Key numbers at a glance

Preference share redemption schedule

Why these disclosures matter for investors

The Q1 FY27 numbers show a clear shift in quarterly profitability versus Q1 FY26, with PAT rising far faster than revenue. The EBITDA margin expansion, along with higher PBT, indicates that operating profitability improved meaningfully in the reported quarter.

Separately, the scheduled redemption of preference shares is a defined corporate action with specific dates and cash outflows already quantified by the company. Investors typically track such redemptions because they affect cash planning and the company’s capital structure.

What to watch next

The company’s update confirms that the Q1 FY27 results are unaudited and have been subjected to a limited review by the statutory auditor under SEBI’s listing regulations. Investors will also watch the execution of the two preference share redemptions scheduled for 31 July 2026 and 16 September 2026, as disclosed by the board.