Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Tamil Nadu Newsprint & Papers Ltd
Quarter-by-quarter operating performance
| Mar 2023 | 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 + | 1,427 | 1,263 | 958 | 1,241 | 1,229 | 1,117 | 914 | 1,124 | 1,337 | 1,142 | 1,110 | 1,121 | 1,272 |
| Expenses + | 1,152 | 949 | 801 | 1,104 | 1,069 | 969 | 790 | 1,071 | 1,234 | 1,041 | 987 | 1,005 | 1,131 |
| Operating Profit | 275 | 314 | 157 | 137 | 160 | 148 | 124 | 53 | 103 | 101 | 123 | 116 | 141 |
| OPM % | 19% | 25% | 16% | 11% | 13% | 13% | 14% | 5% | 8% | 9% | 11% | 10% | 11% |
| Other Income + | 13 | 11 | 20 | 19 | 21 | 13 | 14 | 13 | 57 | 12 | 18 | 25 | 20 |
| Interest | 56 | 55 | 58 | 57 | 53 | 53 | 57 | 54 | 52 | 48 | 50 | 50 | 45 |
| Depreciation | 69 | 70 | 71 | 75 | 75 | 74 | 76 | 76 | 77 | 77 | 78 | 79 | 78 |
| Profit before tax | 163 | 200 | 48 | 23 | 53 | 34 | 5 | -65 | 31 | -12 | 13 | 12 | 38 |
| Tax % | 37% | 36% | 37% | 30% | 38% | 36% | 49% | -34% | 28% | -37% | 37% | 43% | -537% |
| Net Profit + | 103 | 129 | 30 | 16 | 33 | 22 | 3 | -43 | 22 | -7 | 8 | 7 | 240 |
| EPS in Rs | 14.86 | 18.59 | 4.38 | 2.34 | 4.77 | 3.17 | 0.37 | -6.20 | 3.20 | -1.07 | 1.17 | 0.98 | 34.72 |
Financials of Tamil Nadu Newsprint & Papers Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,136 | 2,418 | 2,958 | 3,098 | 4,083 | 3,471 | 2,768 | 4,020 | 5,180 | 4,690 | 4,491 | 4,645 |
| Expenses + | 1,630 | 1,851 | 2,229 | 2,693 | 3,434 | 2,863 | 2,508 | 3,662 | 4,174 | 3,920 | 4,060 | 4,164 |
| Operating Profit | 506 | 567 | 729 | 405 | 649 | 608 | 260 | 358 | 1,006 | 770 | 431 | 481 |
| OPM % | 24% | 23% | 25% | 13% | 16% | 18% | 9% | 9% | 19% | 16% | 10% | 10% |
| Other Income + | 17 | 22 | 37 | 34 | -34 | 36 | 70 | 49 | 43 | 69 | 95 | 76 |
| Interest | 155 | 122 | 252 | 245 | 233 | 223 | 193 | 156 | 182 | 223 | 216 | 193 |
| Depreciation | 137 | 144 | 208 | 222 | 227 | 231 | 235 | 229 | 264 | 291 | 304 | 313 |
| Profit before tax | 230 | 324 | 306 | -28 | 155 | 191 | -99 | 22 | 603 | 325 | 5 | 51 |
| Tax % | 28% | 20% | 14% | 51% | 39% | 32% | -34% | 35% | 36% | 36% | 30% | -390% |
| Net Profit + | 167 | 260 | 265 | -42 | 94 | 130 | -65 | 14 | 388 | 208 | 4 | 248 |
| EPS in Rs | 24.09 | 37.54 | 38.23 | -6.09 | 13.64 | 18.79 | -9.41 | 2.07 | 56.04 | 30.08 | 0.54 | 35.80 |
| Dividend Payout % | 25% | 20% | 20% | -82% | 55% | 32% | -32% | 194% | 9% | 13% | 560% | 11% |
Financials of Tamil Nadu Newsprint & Papers Ltd
Capital structure and asset base
| 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 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 |
| Reserves | 1,132 | 1,440 | 1,635 | 1,534 | 1,582 | 1,644 | 1,527 | 1,520 | 1,875 | 2,020 | 2,018 | 2,247 |
| Borrowings + | 2,066 | 2,687 | 2,823 | 2,426 | 1,959 | 2,205 | 2,733 | 2,239 | 1,871 | 1,801 | 1,604 | 1,613 |
| Other Liabilities + | 1,430 | 1,222 | 1,106 | 1,496 | 1,921 | 1,659 | 1,653 | 1,946 | 2,308 | 2,154 | 2,191 | 2,281 |
| Total Liabilities | 4,697 | 5,419 | 5,634 | 5,525 | 5,531 | 5,577 | 5,983 | 5,774 | 6,123 | 6,045 | 5,883 | 6,210 |
| Fixed Assets + | 2,410 | 2,432 | 4,099 | 4,071 | 3,888 | 3,742 | 3,515 | 3,303 | 4,463 | 4,307 | 4,109 | 3,891 |
| CWIP | 631 | 1,815 | 59 | 18 | 14 | 62 | 939 | 1,357 | 20 | 16 | 55 | 473 |
| Investments | 1 | 6 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Assets + | 1,656 | 1,166 | 1,475 | 1,435 | 1,628 | 1,773 | 1,528 | 1,113 | 1,639 | 1,721 | 1,718 | 1,845 |
| Total Assets | 4,697 | 5,419 | 5,634 | 5,525 | 5,531 | 5,577 | 5,983 | 5,774 | 6,123 | 6,045 | 5,883 | 6,210 |
Financials of Tamil Nadu Newsprint & Papers Ltd
Operating, investing and financing cash movement
| 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 + | 404 | 620 | 284 | 833 | 819 | 241 | 423 | 1,111 | 809 | 419 | 570 | 596 |
| Cash from Investing Activity + | -741 | -894 | -90 | -115 | -47 | -207 | -682 | -353 | -104 | -136 | -162 | -387 |
| Cash from Financing Activity + | 345 | 270 | -253 | -574 | -849 | -36 | 333 | -760 | -652 | -270 | -493 | -161 |
| Net Cash Flow | 8 | -4 | -59 | 144 | -77 | -1 | 74 | -2 | 53 | 14 | -86 | 48 |
| Free Cash Flow | -347 | -283 | 185 | 711 | 765 | 28 | -262 | 754 | 701 | 277 | 400 | 199 |
| CFO/OP | 90% | 119% | 49% | 209% | 132% | 48% | 163% | 310% | 89% | 62% | 135% | 121% |
Financials of Tamil Nadu Newsprint & Papers Ltd
Working capital efficiency and return ratios
| 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 | 86 | 73 | 66 | 71 | 39 | 55 | 50 | 23 | 23 | 35 | 32 | 48 |
| Inventory Days | 224 | 155 | 269 | 142 | 229 | 286 | 269 | 104 | 259 | 262 | 217 | 150 |
| Days Payable | 285 | 234 | 255 | 225 | 321 | 336 | 331 | 261 | 346 | 270 | 262 | 229 |
| Cash Conversion Cycle | 25 | -6 | 80 | -12 | -53 | 6 | -12 | -134 | -64 | 28 | -13 | -31 |
| Working Capital Days | -77 | -89 | -77 | -98 | -70 | -69 | -91 | -106 | -81 | -68 | -72 | -65 |
| ROCE % | 13% | 12% | 13% | 5% | 12% | 11% | 2% | 4% | 21% | 14% | 6% | 6% |