Emami Paper Mills Limited - manufacturing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L21019WB1981PLC034161 Incorporated 26 September 1981 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - NSE: EMAMIPAP · BSE: 533208 Public Limited Company manufacturing
Data last updated
Market Cap
₹683 Cr
EMAMIPAP · NSE
Share Price
₹107.67
-4.63% today
Revenue
₹1,907 Cr
FY 2025-26 · -1.1% YoY
EBITDA
₹195 Cr
Margin 10.2%
Net Profit
₹62.20 Cr
FY 2025-26 · +154.7% YoY
P/E (TTM)
7.4x
P/B 1.4x
ROE
12.2%
ROCE 11.1%
Debt / Equity
0.78
Interest cover 48.4x

About Emami Paper Mills Limited

Data last updated:

Emami Paper Mills Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 26 September 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L21019WB1981PLC034161. Its GSTIN is 19AABCG1428Q1Z9 (West Bengal). The company holds 7 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533208 and NSE: EMAMIPAP.

The company has an authorised share capital of ₹77.25 Cr and a paid-up capital of ₹65.85 Cr. It was formerly known as Gulmohar Constructions Industries Ltd and Gulmohar Papers Ltd. It is led by directors including Aditya Vardhan Agarwal (Whole-Time Director) and Manish Goenka (Whole-Time Director).

Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 687 Anandapur 1st Floor E M Bypass, Kolkata, West Bengal, India – 700107.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1,907.23 Cr, a decline of 1.1% compared to the previous year. For the same year it recorded a net profit of ₹62.2 Cr (net margin 3.3%) and EBITDA of ₹194.84 Cr (EBITDA margin 10.2%). The net worth stands at ₹799.58 Cr (up 0.2% YoY). Total assets are valued at ₹1,423.57 Cr (down 3.7% YoY).

The company has about 1,095 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Emami Paper Mills. As per MCA filings, the company has open charges of ₹2,448.3 Cr and satisfied charges of ₹3,184.93 Cr on record. Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website emamipaper.in.

Company details

CIN L21019WB1981PLC034161
Registration Number 034161
Incorporation Date 26 September 1981
ROC Kolkata
Listing Status Listed - Listed on NSE (EMAMIPAP); Listed on BSE (533208)
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Emami Paper Mills has undergone 2 name changes throughout its history. The company was previously known as Gulmohar Constructions Industries Ltd, and Gulmohar Papers Ltd. The current legal name is Emami Paper Mills Limited.

Company NameStatus
Emami Paper Mills LimitedCurrent
Gulmohar Constructions Industries LtdPrevious
Gulmohar Papers LtdPrevious

CIN history

Emami Paper Mills has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L21019WB1981PLC034161, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L21019WB1981PLC034161Current
U99999WB1981PLC034161Previous
L99999WB1981PLC034161Previous

Contact details

Emami Paper Mills Limited's registered office is in Kolkata, West Bengal. Its website is emamipaper.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    687 Anandapur 1st Floor E M Bypass, Kolkata, West Bengal, India – 700107
  • Industry
    Manufacturing, Paper & Packaging Products

To see the full contact details of Emami Paper Mills Limited, buy the company report.

Comprehensive company report
Emami Paper Mills Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Emami Paper Mills operates one associated brand: Emami Paper Mills. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of paper, newsprint, and packaging boards in India.emamipaper.in

Business activity

The main business activity of Emami Paper Mills is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products

To see the full business activity and turnover split of Emami Paper Mills Limited, buy the company report.

Financials of Emami Paper Mills Limited

FY 2025-26 filings available

Emami Paper Mills Limited reported revenue of ₹1,907.23 Cr (down 1.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹1,907 Cr
-1.1% YoY
EBITDA
₹195 Cr
+37.4% YoY
Profit After Tax
₹62.20 Cr
+154.7% YoY
Net Worth
₹800 Cr
+0.2% YoY
Total Assets
₹1,424 Cr
-3.7% YoY
Total Debt
₹593 Cr
-8.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,9071,9281,9942,3811,9581,2161,515
Revenue growth-1.1%-3.3%-16.3%+21.6%+61.0%-19.7%-
EBITDA195142236222308177182
EBITDA margin+10.2%+7.4%+11.9%+9.3%+15.7%+14.6%+12.0%
Profit before tax93.3633.3911293.10153103(4.52)
Net profit62.2024.4284.1069.07119(18.95)10.65
Net profit margin+3.3%+1.3%+4.2%+2.9%+6.1%-1.6%+0.7%
EPS (₹)10.154.3013.9311.4318.988.44(1.73)
Balance sheet
Total assets1,4241,4791,4121,5891,4671,4731,673
Net worth800798774699653539529
Total debt5936506068587869081,091
Cash & bank1.000.565.310.341.7513.7220.49
Net working capital484479387516330259359
Cash flow
Cash from operations19743.7835132.46329246313
Cash from investing(25.52)(16.95)(10.23)(23.52)(33.74)(7.26)31.20
Cash from financing(172)(31.81)(336)(8.98)(307)(246)(335)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue560496500451460475454495
Revenue growth (YoY)+21.8%+4.5%+10.2%-9.0%-8.7%---
Other income0.2115.050.804.911.601.751.490.57
Total expenses477434443414422444424458
EBITDA82.9462.1657.4736.2637.6831.1130.0837.39
EBITDA margin+14.8%+12.5%+11.5%+8.0%+8.2%+6.6%+6.6%+7.6%
Depreciation12.9313.9414.1013.7712.8813.0513.1712.91
Interest16.9615.7817.7217.3317.0515.8016.6114.92
Profit before tax53.2647.4926.4510.079.354.011.7910.13
Tax14.6515.999.463.493.040.090.092.54

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue560496500451460475454495
Revenue growth (YoY)+21.8%+4.5%+10.2%-9.0%-8.7%---
Other income0.2115.050.804.911.601.751.490.57
Total expenses477434443414422444424458
EBITDA82.9462.1657.4736.2637.6831.1130.0837.39
EBITDA margin+14.8%+12.5%+11.5%+8.0%+8.2%+6.6%+6.6%+7.6%
Depreciation12.9313.9414.1013.7712.8813.0513.1712.91
Interest16.9615.7817.7217.3317.0515.8016.6114.92
Profit before tax53.2647.4926.4510.079.354.011.7910.13
Tax14.6515.999.463.493.040.090.092.54
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,9071,9281,9942,3811,9581,2161,515
Revenue growth-1.1%-3.3%-16.3%+21.6%+61.0%-19.7%-
Other income21.094.463.322.462.0592.773.82
Total expenses1,7121,7861,7582,1591,6501,0391,334
Employee cost92.5389.3283.0180.5178.9563.8670.18
EBITDA195142236222308177182
EBITDA margin+10.2%+7.4%+11.9%+9.3%+15.7%+14.6%+12.0%
Depreciation54.6951.6960.2767.5973.8872.1472.53
Interest67.8861.1967.2463.4382.7695.27117
Profit before tax93.3633.3911293.10153103(4.52)
Tax31.987.3827.8523.9338.5951.575.93
Net profit62.2024.4284.1069.07119(18.95)10.65
Net profit margin+3.3%+1.3%+4.2%+2.9%+6.1%-1.6%+0.7%
EPS (₹)10.154.3013.9311.4318.988.44(1.73)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital316299256256256256322
Reserves & surplus484499518443397284207
Shareholders' funds (net worth)800798774699653539529
Secured loans488522535683703767941
Unsecured loans10512871.2417582.38141150
Total debt5936506068587869081,091
Total liabilities1,4241,4791,4121,5891,4671,4731,673
Assets
Gross block1,6371,6141,5901,6181,5661,5581,560
Net block1,0311,0591,0851,1481,1611,2251,298
Capital work in progress4.623.779.723.7031.330.100.98
Investments39.2359.4744.9538.8448.6753.5224.04
Inventories388369247409227223278
Sundry debtors274239261263218201209
Cash & bank balances1.000.565.310.341.7513.7220.49
Loans & advances70.9157.2841.0110481.0061.3174.37
Total current assets733665554776528499583
Total current liabilities249187167260197239223
Net working capital484479387516330259359
Total assets1,4241,4791,4121,5891,4671,4731,673
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.105.080.120.1611.9219.159.38
Net cash from operating activities19743.7835132.46329246313
Net cash from investing activities(25.52)(16.95)(10.23)(23.52)(33.74)(7.26)31.20
Net cash from financing activities(172)(31.81)(336)(8.98)(307)(246)(335)
Net change in cash0.04(4.98)4.96(0.04)(11.76)(7.22)9.77
Closing cash1.000.565.310.341.7513.7220.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-1.1%-3.3%-16.3%+21.6%+61.0%-19.7%-
EBITDA growth+37.4%-40.0%+6.6%-28.0%+73.7%-2.4%-
PBT growth+179.6%-70.2%+20.5%-39.3%+49.5%+9998.0%-
Net income growth+154.7%-71.0%+21.8%-42.1%+729.6%-277.9%-
Revenue CAGR (3Y)-7.1%-0.5%+17.9%+16.3%+8.4%-3.6%+10.0%
EBITDA CAGR (3Y)-4.2%-22.8%+10.1%+6.9%+8.9%+3.3%+12.3%
Profitability & leverage
Net income margin+3.2%+1.4%+4.2%+2.9%+5.9%+4.2%-0.7%
Return on capital employed+11.1%+6.5%+12.0%+10.3%+16.1%+8.0%+7.9%
Return on net worth+12.2%+5.0%+17.1%+16.0%+32.6%-7.4%+4.5%
Debt / equity0.780.800.991.221.421.872.16
Long-term debt / equity0.230.270.340.460.630.820.98
Interest cover48.4367.9038.1941.1735.3590.63107.65
Efficiency & per share
Fixed asset turnover1.171.201.241.501.250.781.00
Inventory turnover5.046.266.087.498.714.864.96
Debtors turnover7.457.727.629.929.355.937.25
EPS (₹)10.154.3013.9311.4318.988.44(1.73)
Dividend per share (₹)3.201.601.601.601.600.000.00
Book value per share (₹)81.9484.5287.7075.2467.6948.9236.19

To see the full year-wise statements and ratios of Emami Paper Mills Limited, buy the company report.

Board of directors of Emami Paper Mills Limited

Emami Paper Mills has 10 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Richa AgarwalDirector27 Jan 201511 Years 8 MonthsCurrent
Sushil Kumar KhetanAdditional Director06 Dec 20250 Years 10 MonthsCurrent
Mamta BinaniDirector13 Aug 20206 Years 2 MonthsCurrent
Amit Kiran DebDirector20 Jan 20224 Years 9 MonthsCurrent
Sumit BanerjeeDirector20 Jan 20224 Years 9 MonthsCurrent
Aditya Vardhan AgarwalWhole-Time Director23 Oct 200026 Years 0 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Emami Paper Mills Limited is compared with the 9 companies closest to it by revenue in the Packaging industry (Paper, Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
West Coast Paper Mills Limited₹4,272.8 Cr (FY 2025)-7.0%Dandeli, Karnataka, India
Bilt Graphic Paper Products Limited₹3,893.21 Cr (FY 2025)-12.0%Chandrapur, Maharashtra, India
Ballarpur Industries Limited₹3,356.2 Cr (FY 2020)-9.0%Mumbai, Maharashtra, India
Khanna Paper Mills Limited₹2,183.84 Cr (FY 2024)-36.0%Gurgaon, Haryana, India
Emami Paper Mills Limitedthis company₹1,907.23 Cr (FY 2026)₹62.2 Cr3.3%-1.1%1,095Kolkata, West Bengal, India
Parksons Packaging Limited₹1,839.92 Cr (FY 2025)1.0%Daman 396 210 U.T, Daman and Diu, India
Seshasayee Paper and Boards Limited₹1,822.98 Cr (FY 2025)-2.0%Erode, Tamil Nadu, India
TCPL Packaging Limited₹1,784.59 Cr (FY 2025)15.0%Mumbai, Maharashtra, India
N R Agarwal Industries Limited₹1,690.43 Cr (FY 2025)30.0%Mumbai, Maharashtra, India
Andhra Paper Limited₹1,629.97 Cr (FY 2025)-14.0%Andhra Pradesh, India

To see the full peer comparison of Emami Paper Mills Limited, buy the company report.

Auditor

Emami Paper Mills Limited is audited by S K Agrawal and Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S K Agrawal and Co.FY 2023306033E/E300272

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.50%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 24.50%.

Promoters: 75.00%FII (Foreign Institutional): 0.50%Retail & Others: 24.50%
Sep 2026
QUARTER
75.00% Promoters
0.50% FII (Foreign Institutional)
24.50% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹2,448.3 Cr
Satisfied charges
₹3,184.93 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹1,020.30 Cr
State Bank of India₹740.00 Cr
Others₹618.00 Cr
Hdfc Bank Limited₹70.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Feb 2026101259541Idbi Trusteeship Services Limited₹1,020.3 CrOpen
02 Jan 2026101219114Others₹120 CrOpen
18 Nov 2025101196597Others₹50 CrOpen
25 Feb 2025101064061Others₹50 CrOpen
04 Oct 2024100982427Others₹50 CrOpen

To see the full charge records of Emami Paper Mills Limited, buy the company report.

Total charge records: 69 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Emami Paper Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Emami Paper Mills Limited has a workforce of 1,095 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.

Employee count
1,095
Active EPFO establishments
2
Employee growth
-6.89%

GST

Emami Paper Mills has 7 GST registrations: 4 active and 3 cancelled or inactive.

Total GSTINs
7
Active
4
Cancelled / inactive
3
GSTINStateStatusRegistered on
19AABCG1428Q1Z9West BengalActive01 Jul 2017
19AABCG1428Q2Z8West BengalActive06 Jul 2017
21AABCG1428Q1ZOOdishaActive01 Jul 2017
27AABCG1428Q3ZAMaharashtraActive30 Jul 2017

To see the full GST registrations and return filing status of Emami Paper Mills Limited, buy the company report.

Recent activity

Emami Paper Mills Limited has 49 board changes on record since 1992: 30 appointments and 19 cessations. The latest: Sushil Kumar Khetan was appointed as Additional Director on 06 Dec 2025.

Charges
A charge registered on 12 Mar 2021 via Charge ID 100426232 with Others was fully satisfied on 01 Apr 2026.
Filing
Emami Paper Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 1,020.30 Cr with Charge ID 101259541 was registered on 25 Feb 2026.
Charges
A charge with Others amounted to Rs. 120.00 Cr with Charge ID 101219114 was registered on 02 Jan 2026.
Appointed
Sushil Kumar Khetan was appointed as Additional Director.
Ceased
Vivek Chawla ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101196597 was registered on 18 Nov 2025.
AGM
Emami Paper Mills Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Charges
A charge registered on 08 Nov 2017 via Charge ID 100137743 with Others was fully satisfied on 06 Aug 2025.
Appointed
Mukesh Kumar Agarwal was appointed as CFO.
Charges
A charge registered on 20 Mar 2017 via Charge ID 100084250 with Others was fully satisfied on 04 Mar 2025.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101064061 was registered on 25 Feb 2025.

211 earlier events are in the company report.

Frequently asked questions

Emami Paper Mills is an active public limited company based in Kolkata, West Bengal, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 26 September 1981 (45+ years old) and is registered under CIN L21019WB1981PLC034161. Listed on BSE: 533208 and NSE: EMAMIPAP.

Emami Paper Mills reported revenue of ₹1,907.23 Cr for FY 2025-26 (down 1.1% YoY) based on standalone financials.

Emami Paper Mills has 10 current directors:

The latest financial statements of Emami Paper Mills on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Emami Paper Mills is 19AABCG1428Q1Z9, registered in West Bengal. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 19AABCG1428Q2Z8 (West Bengal), 21AABCG1428Q1ZO (Odisha), 27AABCG1428Q3ZA (Maharashtra).

The CIN (Corporate Identification Number) of Emami Paper Mills is L21019WB1981PLC034161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Emami Paper Mills is a listed company as per MCA records. Its shares are listed on both BSE (code: 533208) and NSE (symbol: EMAMIPAP).

Emami Paper Mills has 11 court cases on record: 8 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.

Emami Paper Mills was incorporated on 26 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.

The peers of Emami Paper Mills by revenue are West Coast Paper Mills Limited, Bilt Graphic Paper Products Limited, Ballarpur Industries Limited, Khanna Paper Mills Limited, Parksons Packaging Limited and 4 more, all in the Packaging industry (Paper, Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Sushil Kumar Khetan was appointed as Additional Director on 06 Dec 2025. Vivek Chawla ceased to be Whole-Time Director on 05 Dec 2025. Mukesh Kumar Agarwal was appointed as CFO on 18 Jun 2025. Emami Paper Mills has 49 board changes on record in total.