Genus Paper Q1FY27: standalone PAT down 15% YoY on shutdown, fire disruption

Genus Paper & Boards' standalone Q1 FY27 (quarter ended June 30, 2026) revenue fell 12.7% YoY to ₹218.72 Cr (from ₹250.57 Cr) and PAT fell 15.3% YoY to ₹3.52 Cr (from ₹4.16 Cr), EPS ₹0.14 versus ₹0.16 a year ago. Sequentially, revenue was down 3.3% and PAT down 7.2% versus Q4 FY26 (₹226.09 Cr revenue, ₹3.80 Cr PAT). Neither this quarter nor the year-ago quarter carries a non-zero exceptional item, so the YoY decline is a clean like-for-like comparison rather than a prior-year one-off artifact. The revenue decline traces to a planned 16-day shutdown at the Moradabad plant this quarter for capex, overhauling and maintenance, which curtailed production and sales volumes. A separate event — a fire on May 24, 2026 at the Muzaffarnagar raw-material stock yard that damaged ₹18.82 Cr of raw material — had zero net P&L impact: the inventory was fully insured and an equivalent insurance claim receivable was booked, netting the exceptional-items line to ₹0 (auditors flagged this as an emphasis of matter; the claim remains under insurer survey with a further business-interruption claim still being quantified). Despite the softer topline, segment operating profit before finance costs actually rose 3.1% YoY to ₹14.09 Cr (from ₹13.67 Cr), helped by lower depreciation (₹4.88 Cr vs ₹6.83 Cr YoY) — but a ₹1.06 Cr YoY rise in finance costs (₹10.51 Cr vs ₹9.45 Cr) more than offset that gain and drove PBT down to ₹3.58 Cr (from ₹4.22 Cr). OPM (EBITDA/revenue) improved to roughly 8.7% from roughly 8.2% a year ago even as NPM held nearly flat around 1.6%. There is no prior management guidance or concall commentary on record to grade this print against, no formal street/analyst estimates were found for this micro-cap stock, and no separate management press release was available beyond this exchange filing.