A 1.49% tax rate cushions Genus Paper's Q1FY27 profit
Interest of Rs 10.51 and depreciation of Rs 4.88 reduced operating profit of Rs 18.96 to profit before tax of Rs 3.58.
Filed 11 Aug 2026, 12:58 IST · GENUSPAPER (GENUSPAPER)
Key takeaways
- Genus Paper's Q1FY27 operating margin was 8.67%, leaving limited profit after interest and depreciation.
- Interest at Rs 10.51 was more than half of operating profit of Rs 18.96, keeping profit before tax at Rs 3.58.
- The 1.49% tax rate supported net profit of Rs 3.52, while other income of Rs 0.01 had no material role.
Operating profit did not fully convert into earnings
Genus Paper reported standalone revenue of Rs 218.72 and operating profit of Rs 18.96 in Q1FY27. Interest and depreciation together reduced this operating profit to profit before tax of Rs 3.58. The quarter therefore had a sizeable gap between operating earnings and pre-tax profit.
Financing cost was the main drag below operating profit
Interest of Rs 10.51 consumed more than half of operating profit, while depreciation added a further Rs 4.88 charge. Other income was only Rs 0.01, so reported pre-tax profit was not supported by non-operating income. Net profit of Rs 3.52 was also helped by the 1.49% tax rate.
No sequential or year-on-year read-through is available
The quarter's 8.67% operating margin and Rs 3.52 net profit provide the current standalone base, but there is no comparison in the reported data to establish momentum or a multi-quarter direction. The main internal earnings signal is the pressure from interest and depreciation after operating profit was generated.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹219 cr |
| Other income | ₹0 cr |
| Expenses | ₹200 cr |
| Operating profit | ₹19 cr |
| Operating margin (%) | 8.67% |
| Interest | ₹11 cr |
| Depreciation | ₹5 cr |
| Profit before tax | ₹4 cr |
| Tax | ₹0 cr |
| Net profit | ₹4 cr |
| EPS (₹) | ₹0.14 |
What to watch
- Whether operating margin holds above 8.67%.
- Whether interest remains below operating profit of Rs 18.96.
- Whether the tax rate stays close to 1.49% without overstating net-profit growth.