Astron Paper Posts Near-Zero Revenue as Annual Losses Widen
The paper maker's Q4 revenue fell 92% year-on-year, capping a year of steep sales decline and deepening annual losses.
Astron Paper's quarterly revenue collapsed to near-zero levels, though its quarterly loss narrowed. The full-year picture shows a severe revenue contraction and a significant widening of annual losses.
Astron Paper & Board Mill's fourth quarter results for FY26 reveal a business in severe distress, with revenue nearly vanishing and losses continuing. The company's annual figures underscore a multi-year contraction, with sales collapsing and profitability deeply negative.
The final quarter saw revenue plummet to just ₹0.07 crore, a staggering 92% drop compared to the same period last year. Sequentially, revenue fell 95% from the previous quarter. The only positive note was a 21% quarter-on-quarter narrowing of the loss to ₹6.11 crore, continuing a trend of improving quarterly losses over the past year.
Revenue (₹ Cr)
Profit (₹ Cr)
| Metric | CurrentQ4 FY26 | PreviousQ3 FY26 | Same quarter LYQ4 FY25 |
|---|---|---|---|
| Revenue (₹ Cr) | 0.07YoY -92% | 1.45 | 0.88 |
| Profit (₹ Cr) | -6.11YoY +46% | -5.05 | -11.33 |
This quarterly struggle is part of a much larger, long-term decline. For the full financial year ended March 2025, revenue fell 69% to ₹96.23 crore. Meanwhile, the annual loss widened dramatically by 406% to ₹56.71 crore. Over a five-year period, revenue has contracted at a compound annual rate of 42.8%, highlighting the profound challenges facing the company's core operations.
Key Points
- The company's net worth stands at ₹91.32 crore.
- Return on Equity (ROE) and Return on Capital Employed (ROCE) are deeply negative at -47.38% and -20.23%, respectively.
- The stock price has mirrored the operational woes, falling 75.7% over the past year.
With annual losses now exceeding half of its net worth, Astron Paper faces a critical period of restructuring to revive its business model and stem the financial bleed.
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· ASTRON
(BSE)
ISIN: INE646X01014
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