BSEResult6d ago · 29 Oct 2026, 06:23 pm
Submission of Financial results for the quarter / half year ended 30th September 2026
South India Paper Mills Ltd · 516108
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South India Paper Mills Ltd has announced its unaudited financial results for the quarter/half year ended 30th September 2026, showing a profit of Rs. 439.02 lakhs and a comprehensive income of Rs. 439.02 lakhs. The company's revenue from operations was Rs. 11,658.88 lakhs, with total expenses of Rs. 11,095.19 lakhs. The company has also mentioned that it is in line with the New Labour Codes and does not expect any material impact.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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South India Paper Mills Ltd - 516108 - Financial Results For The Quarter / Half Year Ended 30Th September 2026
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THE SOUTH INDIA PAPER MILLS LIMITED
Regd. Office & Factory : Chikkayana Chatra, Nanjangud - 571 302, Karnataka State, India
Corporate & Marketing Office : # 1205/ 1206, Prestige Meridian II, M.G Road, Bangalore - 560 001.
Ref: BSE / UFR / 2026/ 29t October 2026
BSE Limited
25% Floor, Phiroze Jeejeebhoy Towers
Dalal Street, Mumbai - 400 001
Dear Sir,
Scrip Code: 516108
Sub : Outcome of Board meeting held on 29" October 2026 & Disclosures under Regulation 33
of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
We wish to inform you that the Board of Directors at their meeting held today, have approved the
Unaudited Financial Results for the quarter/ half year ended 30t" September 2026.
Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 we are enclosing herewith the following statements:
(U] Statement showing unaudited Financial Results of the Company for the quarter / half
year ended 30" September 2026
(ii) Statement of Assets and Liabilities
(iii) Cash flow statement
(iv) Limited Review Report issued by B S Ravikumar & Associates, Chartered
Accountants, Mysore
As per Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations
2015, the extract of the unaudited financial results is being released for publication in
newspapers.
The meeting commenced at ¢3- 00 pm and concluded at 05 -30 pm. Kindly take the above on
your records.
Thanking You,
Yours faithfully
For The South India Paper Mills Ltd
WanishM
Patel
Managing Director
DIN 00128179
SIPM ——
CIN (Corporate Identity No.) L85110KA1959PLC001352
FACT:O PHRONYE : (91) (08221) 228265-67
CORPOR: PAHOTNEE : (91) (080) 41123605
E-mail : marketing@sipaper.com Grams : PAPERMILLS Website : www.sipaper.com
THE SOUTH INDIA PAPER MILLS LIMITED
Regd. Office & Factory : Chikkayana Chatra, Nanjangud - 571 302, Karnataka State, India
Corporate & Marketing Office : # 1205 / 1206, Prestige Meridian 11, M.G Road, Bangalore - 560 001.
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER/ HALF YEAR ENDED 30TH SEPTEMBER 2026 Rs in lakhs
s |S | Tt | Yowiodme | o,
3months ended | P83 | “ongeq | months ended| "EUEIOTS (a0 nting year
PARTICULARS Sofosjaoze | montsended | | 3om | months endea A€<Cunc08
SUj06/a05. the previous | September SOt Setenitier 31/03/2026
year 2026 30z5!
Ind AS Ind AS Ind AS Ind AS Ind AS Ind AS
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
1_[Revenue from operations B 1166588 [ 11,75839| 11,15657| 2342427| ' 2184541 4338121
il_|Other Income _ 16.13 17.44 1558 3357 3043|6799
w_|[Total'Income (1+ 1) 11,682.00 | 1177583 1117215[ 23457.84| 2187584 43449.20
v [Expenses i ~ R ] o
| |a) CostM oaf terialsC onsumed - 665302 650081 1315383 1313153| 2531490
c) Changeisn inventories of Finished goods, WIP 14.19 167.40 (153.15) 181.59 (285.07) (185.01)
d) Employee Benefits Expenses 887.32 91513 82954| 180245 1632.26 337873
|e) Finance Costs - . 442.73 457.80 516.49 900.53 1,026.61 2,027.08
f) Depreciation and amortisation expense 42015 418.25 415.70 838.40 830.35 1,664.68
) Other expenses 2677.78| 265110 | 2527.27| 532888 503283 981395
Total Expenses 1109519 | 11,11049| 1079603 | 22,205.68| 21,368.51| 42,014.33,
V. |Profit/(Loss) before Exceptional Items and Tax (Ill-1V) 586.82 665.34
e e | 37622] 125216 50733 .87
Vi_|Add: Exceptional items
Vil |Profit/(Loss) before tax (V- VI) 586.82 | 66534 37612 | 1,252.16 507.33 1,434.87
Vil | Tax expenses B )
| Taxrelatto eiarnliger years I R S| oss
Deferred tax (charge)/ credit (147.80)| (167.55)] (9a6s)| (31535) (127.70) (361.60)
Total tax expenses (147.80) (167.55)) (94.65)] (315.35) (127.70) (360.76)
x_|[Profit/(Loss) for the period (VII-VIII) 439.02 497.79 281.47 936.81 379.63 1,074.11
X_|other.Comprehensive Income B n -
| Al Items that will not be reclassifiedt o profitorloss | | ] o | AT
~ __ Remeasurement gains on Defined Benefit Plans - 48.07
(ii) Income tax relating to items that will not be (12.10)
reclassified to profit or loss
B() Items that will be reclassified to profit or loss
_ (ii) Income tax relating to items that will be
reclassified to profit or loss
X1_[Total Comprehensive Income for the period (IX + X) 439.02 497.79 281.47 936.81 379.63 1,110.08
Xil_|Earnings per equity share (of Rs. 10/- face value) in Rs. -y
| |Basic - - 235|265 150 5.00 202 573
Diluted o 235| 265 150 5.00 22| s
Notes :
Based on the guiding principles given in 'Ind AS 108 - Operating Segments', the Company’s business activity falls within a single operating|
segment namely, Paper and Paper Products. Accordingly, no separate segment information has been provided.
CIN (Corporate Identity No.) L85110KA1959PLC001352
FACTORY : PHONE : (91) (08221) 228265-67
CORPORATE : PHONE : (91) (080) 41123605
E-mail : marketing@sipaper.com Grams : PAPERMILLS Website : www.sipaper.com
THE SOUTH INDIA PAPER MILLS LIMITED
Regd. Office & Factory : Chikkayana Chatra, Nanjangud - 571 302, Karnataka State, India
Corporate & Marketing Office : # 1205 / 1206, Prestige Meridian II, M.G Road, Bangalore - 560 001.
The Government of India notified the New Labour Codes with effect from 21.11.2025. The existing employee emolument structure of the|
Company is broadly in line with the requirements of the New Labour Codes, and accordingly, no material impact is currently envisaged. The
[Company will continue to monitor developments and clarifications relating to the implementation of the New Labour Codes and shall give|
appropriate accounting effect, wherever considered necessary.
The financial results includes the results for the quarter ended 31st March 2026 being the balancing figure between the audited figures in|
respect of the full financial year ended 31st March 2026 and the publisHed unaudited year to date figures upto the third quarter, which were
subjected to Limited Review.
Number of investor complaints pending at the beginning & end of the quarter-Nil;Number of Complaints received & resolved during the
quarter ended 30.09.2026 is NIL.
Figures of the previous period / year have been regrouped wherever necessary, to conform to current period classification.
The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on
29.10.2026 and has been subjected to Limited Review by the statutory auditors
BY ORDER OF THE BOABD
. /Mmrsfi M PATEL
Place: NANJANGUD MANAGING DIRECTOR
Date : 29.10.2026 DIN 00128179
SIPM ——
CIN (Corporate Identity No.) L85110KA1959PLC001352
FACTORY : PHONE : (91) (08221) 228265-67
CORPORATE : PHONE : (91) (080) 41123605
[E-mail : marketing@sipaper.com Grams : PAPERMILLS Website : www.sipaper.com
THE SOUTH INDIA PAPER MILLS LIMITED
Regd. Office & Factory : Chikkayana Chatra, Nanjangud - 571 302, Karnataka State, India
Corporate & Marketing Office : # 1205 / 1206, Prestige Meridian II, M.G Road, Bangalore - 560 001.
STATEMENT OF ASSETS AND LIABILITIES Rs in Lakhs
Asat Asat
30th Sept 2026 | 315t March 2026
ASSEIS . - o :
Non-current assets = .
Property, plant and equipment -
_ Capitalworkinprogress
Intangible assets
Financial assets
Investments i 27.20 | 1320
Other Non-Current Assets ' 912.11 532.84
B 30,794.83 31,019.65
Current assets -
Inventories 5,850.63 474921
Financial assets
Trade receivables ~ 700155 7,637.01
Cash and cash equivalents 995.25 212,94
Other bank balances 12442 12236
Other Financial Assets 18.03 56.90
Other Current Assets 572.89 554.82
B . B N 14,562.77 | 13,333.24
Assets classified as held for sale - 465.44 519.71
A 15,028.21 13,852.95
I S ) 45,823.04 44,872.60
_ Equity share capital B B 1,875.00 - 1,875.00
Other equity 21,290.24 20353.43
o Total Equity 23,165.24 22,228.43
Liabilities )
Non-current liabi
Financial lial i
_ Borrowings 611436 7,162.72
Other Financial Liabilities 3,137.29 2,613.31
Provisions 8263 8263
Deferred tax liabilities (net) 986.10 670.75
10,320.38 10,529.41
Current liabilities
Financial liabilities
) Borrowings ) 9,263.16 | 842688
Trade payables ) 1
(a) Total outstand
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