Mohit Paper Mills Ltd (530169)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Mohit Paper's revenue was ₹63.2 Cr (+18.1% year on year, +6.0% on the previous quarter), and net profit ₹1.2 Cr (-12.6% year on year); the operating margin was 8.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹63.2 | +18.1% | +6.0% |
| Operating profit | ₹5.6 | -5.0% | -0.8% |
| Net profit | ₹1.2 | -12.6% | +67.6% |
| EPS (₹) | 0.87 | -13.0% | +67.3% |
| Operating margin | 8.9% | — | — |
📢 Recent Corporate Announcements
Mohit Paper Mills Limited has scheduled its 34th Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 04:00 PM IST via Video Conferencing/OAVM. The company will dispatch the Annual Report and Notice for the financial year ended March 31, 2026, electronically to registered shareholders. This is a routine regulatory intimation under MCA and SEBI guidelines, carrying no immediate operational or financial impact.
- 34th Annual General Meeting scheduled for September 29, 2026, at 04:00 PM
- AGM to be conducted via Video Conferencing / Other Audio Visual Means
- Electronic copies of Annual Report for FY ended March 31, 2026, to be sent to registered shareholders
Mohit Paper Mills Limited has announced that its 34th Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 04:00 PM IST via Video Conferencing/OAVM. The company will dispatch the Annual Report and Notice for the financial year ended March 31, 2026, electronically to registered shareholders. With a current market cap of ₹40 Cr and TTM revenues of ₹210 Cr, this is a standard statutory corporate event.
- 34th Annual General Meeting scheduled for Tuesday, September 29, 2026
- AGM to be conducted virtually at 04:00 PM via Video Conferencing / OAVM
- Pertains to the Annual Report and financials for the year ended March 31, 2026
Mohit Paper Mills has notified shareholders regarding the opening of a special window from February 05, 2026, to February 04, 2027, for the transfer and dematerialization of physical securities purchased or sold prior to April 01, 2019. The process follows a SEBI circular dated January 30, 2026, and is also open to previously rejected or returned transfer deeds. Securities transferred under this window will be credited in dematerialized mode and subjected to a mandatory one-year lock-in. This is a purely procedural regulatory compliance update with no bearing on the company's financial performance.
- Special window open for 1 year from February 05, 2026, to February 04, 2027
- Applicable to physical securities transacted prior to April 01, 2019
- Transferred securities mandatorily credited in demat mode with a 1-year lock-in
- RTA to process complete transfer documentation within a 70-day window
Mohit Paper Mills reported a flat sequential net profit of ₹0.73 crore for Q1 FY27, despite a 2.3% YoY revenue increase to ₹54.69 crore. The Board has appointed M/s Sanjay Sangal & Associates as the new Statutory Auditor for a five-year term following the resignation of the previous auditor. Additionally, Mr. Mohit Jain, a member of the promoter family, was re-appointed to an 'office of profit' for five years. The company continues to operate with high leverage, carrying ₹74 crore in debt against a market capitalization of ₹41 crore.
- Q1 FY27 revenue stood at ₹54.69 crore, a slight increase from ₹53.46 crore in the same quarter last year.
- Net profit for the June 2026 quarter was ₹0.73 crore, matching the profit level of the preceding March 2026 quarter.
- M/s Sanjay Sangal & Associates appointed as Statutory Auditors to fill a casual vacancy for a term ending in 2031.
- Re-appointment of Mr. Mohit Jain (son of CMD Sandeep Jain) to a remunerated position for a 5-year tenure.
- Company debt of ₹74 crore is significantly higher than its current market capitalization of ₹41 crore.
Mohit Paper Mills reported a flat Q1 FY27 revenue of ₹53.46 Cr, matching the previous year's June quarter. Net profit for the quarter stood at ₹0.73 Cr, resulting in an EPS of ₹0.52. The company has appointed M/s Sanjay Sangal & Associates as Statutory Auditors for a five-year term (2026-2031) to fill a casual vacancy following the resignation of the previous auditor. Additionally, the board approved the re-appointment of Mr. Mohit Jain to an office of profit.
- Q1 FY27 revenue from operations reported at ₹53.46 Cr
- Net profit for the quarter ended June 30, 2026, reached ₹0.73 Cr
- New Statutory Auditor appointed for a 5-year term until the 2031 AGM
- Debt-to-Equity ratio remains elevated at 1.28 based on a total debt of ₹74 Cr
- Promoter holding remains stable at 64.08% as of June 2026
Mohit Paper Mills (Market Cap: ₹41 Cr) has announced the mid-term resignation of its statutory auditor, M/s. Pankaj K. Goyal & Co., effective August 13, 2026. The auditor cited preoccupation with other personal and professional commitments as the reason for stepping down before the completion of their 5-year term (FY23-FY27). Importantly, the auditor has completed the limited review for the quarter ended June 30, 2026, and confirmed there are no disputes or suppression of information by the management.
- Resignation effective August 13, 2026, immediately following the issuance of the Q1 FY27 limited review report.
- Auditor was originally appointed for a 5-year term from September 29, 2022, through the FY 2026-27 AGM.
- Auditor certified that there are no disputes or concerns relating to suppression of information by management.
- Company reported TTM revenue of ₹200 Cr and a PAT of ₹7 Cr for FY26.
- Promoter holding remains stable at 64.08% as of June 2026.
Mohit Paper Mills reported a flat year-on-year performance for Q1 FY27, with Net Profit at ₹1.40 crore, identical to Q1 FY26. Revenue from operations grew marginally by 3.7% YoY to ₹55.47 crore, representing approximately 27.7% of its TTM revenue. A significant administrative change was announced with the appointment of M/s Sanjay Sangal & Associates as Statutory Auditors for a five-year term, filling a casual vacancy created by the resignation of the previous auditor. Additionally, the board re-appointed Mr. Mohit Jain (a promoter-related director) to a 'place of profit' within the company.
- Revenue from operations for Q1 FY27 stood at ₹55.47 crore compared to ₹53.46 crore in Q1 FY26.
- Net Profit for the quarter remained stagnant at ₹1.40 crore, matching the previous year's corresponding quarter.
- Earnings Per Share (EPS) for the quarter was reported at ₹1.00.
- New Statutory Auditor appointed for a 5-year term until the 2031 AGM following the resignation of M/s Pankaj K. Goyal & Co.
- Total expenses for the quarter were ₹54.37 crore, with Power and Fuel costs accounting for ₹8.19 crore.
Mohit Paper Mills reported a marginal revenue growth of 3.7% YoY, reaching ₹55.47 Cr for Q1 FY27. However, net profit declined by 12.8% to ₹1.22 Cr compared to ₹1.40 Cr in the same quarter last year, reflecting margin pressure. A significant administrative change was announced with the resignation of the statutory auditor, M/s Pankaj K. Goyal & Co., replaced by M/s Sanjay Sangal & Associates. The company also re-appointed Mr. Mohit Jain to a place of profit for a five-year term.
- Q1 FY27 revenue from operations stood at ₹55.47 Cr vs ₹53.46 Cr in Q1 FY26
- Net profit for the quarter decreased to ₹1.22 Cr from ₹1.40 Cr YoY
- Earnings Per Share (EPS) declined to ₹0.87 from ₹1.00 in the previous year's corresponding quarter
- M/s Sanjay Sangal & Associates appointed as Statutory Auditor for a 5-year term until 2031
- Mr. Mohit Jain re-appointed to an office of profit with fixed remuneration for 5 years
Mohit Paper Mills has scheduled a board meeting for August 13, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a TTM revenue of ₹200 Cr and a PAT of ₹7 Cr for FY26. Investors will be monitoring if the company can improve upon the ₹0.73 Cr net profit reported in the previous quarter (March 2026). The trading window for insiders has been closed since July 01, 2026, in compliance with SEBI regulations.
- Board meeting scheduled for August 13, 2026, to approve Q1 results
- Trading window closed from July 01, 2026, until 48 hours post-announcement
- Company reported TTM revenue of ₹200 Cr against a small market cap of ₹38 Cr
- Previous quarter (March 2026) net profit stood at ₹0.73 Cr on revenue of ₹59.57 Cr
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