About Sarda Papers
Sarda Papers is a publicly listed company based in India founded in 1991. Manufacturer of coated papers. Its chief executive, as recorded, is Kamini Johari. Its Indian entity Tahmar Enterprises Limited reported revenue of ₹7.98 Cr. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Sarda Papers was established in 1991 in India as a manufacturer focused on coated papers. Operations are centered on production processes for various coated paper products, serving industrial needs within the paper sector. Leadership is provided by Kamini Johari as CEO and Managing Director. The company maintains its base in India, with activities aligned to domestic and potential export markets in paper manufacturing.
- Headquarters India
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website sardapapers.com
- Legal Name Tahmar Enterprises Limited
- Date of Incorporation 11 Apr, 1991
- Jurisdiction Gadhinglaj, Maharashtra, India
- Market Cap₹89.58 Cr
TAHMARENT · BSE
- Share Price₹5.70
-0.87% today
- Revenue₹2.30 Cr
FY 2025-26 · -40.6% YoY
- EBITDA−₹8.32 Cr
Margin -361.7%
- Net Profit−₹5.60 Cr
FY 2025-26 · -113.7% YoY
- Debt / Equity0.45
Interest cover -34.6x
Associated legal entities of Sarda Papers
Sarda Papers operates through Tahmar Enterprises Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tahmar Enterprises Limited Listed CIN L15100PN1991PLC231042 | Active | 11 Apr 1991 | Gadhinglaj, Maharashtra | ₹8.0 Cr | 7 | View details |
Board of directors of Tahmar Enterprises Limited (Sarda Papers)
Tahmar Enterprises Limited is the primary company behind Sarda Papers. The board of Tahmar Enterprises Limited currently have 5 directors; the longest-serving is Sarita Sequeira, appointed in 2022. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sarita Sequeira DIN 01203100 | Managing Director | 12 Oct 2022 | 4 yrs 1 mo | Tahmar Enterprises Limited |
| Sandeep Kumar Sahu DIN 06396817 | Director | 12 Oct 2022 | 4 yrs 1 mo | Tahmar Enterprises Limited |
| Meena Menghani DIN 09772262 | Director | 04 Nov 2022 | 4 yrs | Tahmar Enterprises Limited |
| Rajshekhar Cadakketh Rajasekhar Nair DIN 01278041 | CFO | 25 Jul 2023 | 3 yrs 3 mo | Tahmar Enterprises Limited |
| Kanika Kabra DIN 10291001 | Director | 05 Sep 2023 | 3 yrs 2 mo | Tahmar Enterprises Limited |
People of Sarda Papers
1 people are tracked at Sarda Papers (1 in leadership).
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for Sarda Papers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Sarda Papers
Sarda Papers is a publicly listed company on the BSE with ticker symbol TAHMARENT in India, operating in the Alcoholic Beverages sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date07 Sep 2001
- Listed onBSE: 516032
- Listed entityTahmar Enterprises Limited
- Exchange sectorAlcoholic Beverages
Financials of Sarda Papers
Exchange-reported figures of Tahmar Enterprises Limited, the listed company behind Sarda Papers (BSE: TAHMARENT).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2.30 | 3.87 | 5.45 | 2.56 | 0.00 | 0.01 | 0.05 |
| Revenue growth | -40.6% | -29.0% | +112.9% | - | -100.0% | -80.0% | - |
| EBITDA | (8.32) | (7.99) | (2.46) | (0.13) | (0.11) | (0.09) | (0.06) |
| EBITDA margin | -361.7% | -206.5% | -45.1% | -5.1% | - | -900.0% | -120.0% |
| Profit before tax | (5.60) | (2.61) | 0.06 | 0.00 | (0.10) | (0.09) | (0.06) |
| Net profit | (5.60) | (2.62) | 0.04 | 0.00 | (0.10) | (0.09) | (0.06) |
| Net profit margin | -243.5% | -67.7% | +0.7% | 0.0% | - | -900.0% | -120.0% |
| EPS (₹) | (0.36) | (0.28) | 0.00 | 0.00 | (0.33) | (0.28) | (0.18) |
| Balance sheet | |||||||
| Total assets | 121 | 117 | 92.73 | 27.19 | 0.22 | 0.18 | 0.22 |
| Net worth | 80.99 | 82.98 | 77.22 | (0.19) | (0.19) | (0.08) | 0.00 |
| Total debt | 39.99 | 34.25 | 15.52 | 27.24 | 0.41 | 0.27 | 0.22 |
| Cash & bank | 0.13 | 0.54 | 0.21 | 0.38 | 0.02 | 0.02 | 0.02 |
| Net working capital | 32.97 | 35.56 | 13.82 | 9.61 | 0.21 | 0.18 | 0.21 |
| Cash flow | |||||||
| Cash from operations | 1.95 | (18.00) | 1.72 | (12.74) | (0.14) | (0.05) | (0.01) |
| Cash from investing | (6.33) | (2.55) | (65.45) | (13.55) | 0.00 | 0.00 | 0.02 |
| Cash from financing | 3.97 | 20.89 | 63.55 | 26.65 | 0.14 | 0.05 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.55 | 0.32 | 0.01 | 0.18 | 2.08 | 0.33 | 0.97 | 0.58 |
| Revenue growth (YoY) | -73.6% | -3.0% | -99.0% | -69.0% | +3.5% | - | - | - |
| Other income | 1.27 | 0.93 | 1.50 | 1.61 | 1.35 | 1.28 | 1.14 | 1.08 |
| Total expenses | 1.02 | 4.02 | 0.87 | 1.62 | 4.24 | 2.96 | 2.04 | 2.14 |
| EBITDA | (0.47) | (3.70) | (0.86) | (1.44) | (2.16) | (2.63) | (1.07) | (1.56) |
| EBITDA margin | -85.5% | - | -8600.0% | -800.0% | -103.8% | -848.4% | -110.3% | -269.0% |
| Depreciation | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Interest | 0.85 | 0.79 | 0.71 | 0.65 | 0.59 | 0.55 | 0.00 | 0.00 |
| Profit before tax | (0.06) | (3.58) | (0.08) | (0.49) | (1.41) | (1.92) | 0.05 | (0.50) |
| Tax | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.55 | 0.32 | 0.01 | 0.18 | 2.08 | 0.33 | 0.97 | 0.58 |
| Revenue growth (YoY) | -73.6% | -3.0% | -99.0% | -69.0% | +3.5% | - | - | - |
| Other income | 1.27 | 0.93 | 1.50 | 1.61 | 1.35 | 1.28 | 1.14 | 1.08 |
| Total expenses | 1.02 | 4.02 | 0.87 | 1.62 | 4.24 | 2.96 | 2.04 | 2.14 |
| EBITDA | (0.47) | (3.70) | (0.86) | (1.44) | (2.16) | (2.63) | (1.07) | (1.56) |
| EBITDA margin | -85.5% | - | -8600.0% | -800.0% | -103.8% | -848.4% | -110.3% | -269.0% |
| Depreciation | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Interest | 0.85 | 0.79 | 0.71 | 0.65 | 0.59 | 0.55 | 0.00 | 0.00 |
| Profit before tax | (0.06) | (3.58) | (0.08) | (0.49) | (1.41) | (1.92) | 0.05 | (0.50) |
| Tax | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.30 | 3.87 | 5.45 | 2.56 | 0.00 | 0.01 | 0.05 |
| Revenue growth | -40.6% | -29.0% | +112.9% | - | -100.0% | -80.0% | - |
| Other income | 5.68 | 6.23 | 2.61 | 0.18 | 0.01 | 0.00 | 0.00 |
| Total expenses | 10.62 | 11.86 | 7.91 | 2.69 | 0.11 | 0.10 | 0.11 |
| Employee cost | 1.57 | 1.64 | 1.52 | 0.03 | 0.00 | 0.00 | 0.00 |
| EBITDA | (8.32) | (7.99) | (2.46) | (0.13) | (0.11) | (0.09) | (0.06) |
| EBITDA margin | -361.7% | -206.5% | -45.1% | -5.1% | - | -900.0% | -120.0% |
| Depreciation | 0.06 | 0.06 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 2.90 | 0.79 | 0.01 | 0.05 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (5.60) | (2.61) | 0.06 | 0.00 | (0.10) | (0.09) | (0.06) |
| Tax | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (5.60) | (2.62) | 0.04 | 0.00 | (0.10) | (0.09) | (0.06) |
| Net profit margin | -243.5% | -67.7% | +0.7% | 0.0% | - | -900.0% | -120.0% |
| EPS (₹) | (0.36) | (0.28) | 0.00 | 0.00 | (0.33) | (0.28) | (0.18) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 24.58 | 18.48 | 18.48 | 3.12 | 3.12 | 3.12 | 3.12 |
| Reserves & surplus | 56.41 | 62.01 | 57.00 | (3.31) | (3.31) | (3.20) | (3.12) |
| Shareholders' funds (net worth) | 80.99 | 82.98 | 77.22 | (0.19) | (0.19) | (0.08) | 0.00 |
| Secured loans | 24.40 | 15.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 15.59 | 18.84 | 15.52 | 27.24 | 0.41 | 0.27 | 0.22 |
| Total debt | 39.99 | 34.25 | 15.52 | 27.24 | 0.41 | 0.27 | 0.22 |
| Total liabilities | 121 | 117 | 92.73 | 27.19 | 0.22 | 0.18 | 0.22 |
| Assets | |||||||
| Gross block | 0.36 | 0.36 | 0.31 | 0.24 | 0.00 | 0.00 | 0.00 |
| Net block | 0.16 | 0.21 | 0.23 | 0.24 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 87.52 | 81.19 | 78.69 | 13.31 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 8.97 | 8.85 | 6.35 | 0.92 | 0.03 | 0.03 | 0.02 |
| Sundry debtors | 20.99 | 22.00 | 3.60 | 3.36 | 0.13 | 0.19 | 0.19 |
| Cash & bank balances | 0.13 | 0.54 | 0.21 | 0.38 | 0.02 | 0.02 | 0.02 |
| Loans & advances | 7.10 | 7.79 | 7.71 | 5.11 | 0.05 | 0.03 | 0.02 |
| Total current assets | 37.19 | 39.18 | 17.87 | 9.77 | 0.23 | 0.27 | 0.25 |
| Total current liabilities | 4.22 | 3.62 | 4.05 | 0.16 | 0.02 | 0.09 | 0.04 |
| Net working capital | 32.97 | 35.56 | 13.82 | 9.61 | 0.21 | 0.18 | 0.21 |
| Total assets | 121 | 117 | 92.73 | 27.19 | 0.22 | 0.18 | 0.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.54 | 0.21 | 0.38 | 0.02 | 0.02 | 0.02 | 0.01 |
| Net cash from operating activities | 1.95 | (18.00) | 1.72 | (12.74) | (0.14) | (0.05) | (0.01) |
| Net cash from investing activities | (6.33) | (2.55) | (65.45) | (13.55) | 0.00 | 0.00 | 0.02 |
| Net cash from financing activities | 3.97 | 20.89 | 63.55 | 26.65 | 0.14 | 0.05 | 0.00 |
| Net change in cash | (0.41) | 0.34 | (0.18) | 0.36 | 0.00 | 0.00 | 0.01 |
| Closing cash | 0.13 | 0.54 | 0.21 | 0.38 | 0.02 | 0.02 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -40.6% | -29.0% | +112.9% | - | -100.0% | -80.0% | - |
| EBITDA growth | -4.1% | -224.8% | -1792.3% | -18.2% | -22.2% | -50.0% | - |
| PBT growth | -114.6% | - | +9997.0% | +9997.0% | -11.1% | -50.0% | +33.3% |
| Net income growth | -113.7% | -6650.0% | - | +100.0% | -11.1% | -50.0% | - |
| Revenue CAGR (3Y) | -3.5% | - | +716.8% | +271.3% | - | -20.6% | +35.7% |
| EBITDA CAGR (3Y) | +300.0% | +317.2% | +201.2% | +29.4% | +6.9% | +14.5% | -12.6% |
| Profitability & leverage | |||||||
| Net income margin | -243.5% | -67.7% | +0.7% | 0.0% | - | -900.0% | -120.0% |
| Return on capital employed | 0.0% | 0.0% | +0.1% | +0.4% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | +0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.45 | 0.31 | 0.56 | 0.00 | 0.00 | 0.00 | 7.17 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 |
| Interest cover | -34.61 | -9.81 | -0.39 | -38.46 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.39 | 11.55 | 19.82 | 21.33 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.26 | 0.51 | 1.50 | 5.39 | 0.00 | 0.40 | 1.67 |
| Debtors turnover | 0.11 | 0.30 | 1.57 | 1.47 | 0.00 | 0.05 | 0.24 |
| EPS (₹) | (0.36) | (0.28) | 0.00 | 0.00 | (0.33) | (0.28) | (0.18) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 4.62 | 7.54 | 7.01 | (0.61) | (0.61) | (0.27) | 0.01 |
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Frequently Asked Questions about Sarda Papers
Sarda Papers was founded in 1991.
Sarda Papers is headquartered in India.
Kamini Johari is the CEO of Sarda Papers, as recorded in our data.
The primary company behind Sarda Papers, Tahmar Enterprises Limited, reported revenue of ₹7.98 Cr for FY 2026, down 41% year on year.
Sarda Papers was established in 1991 in India as a manufacturer focused on coated papers. Operations are centered on production processes for various coated paper products, serving industrial needs within the paper sector. Leadership is provided by Kamini Johari as CEO and Managing Director. The company maintains its base in India, with activities aligned to domestic and potential export markets in paper manufacturing.
Yes, Sarda Papers is publicly traded on BSE under the ticker symbol TAHMARENT.
Sarda Papers operates through Tahmar Enterprises Limited.
The legal entities of Sarda Papers currently have 6 directors, including Kanika Kabra, Meena Menghani, Rajshekhar Cadakketh Rajasekhar Nair and others.