Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,194 | 1,045 | 1,070 | 960 | 1,045 | 1,016 | 1,041 | 955 | 1,043 | 1,036 | 1,245 | 1,051 |
| Expenses | 884 | 828 | 900 | 785 | 903 | 933 | 961 | 844 | 975 | 959 | 1,088 | 848 |
| Operating Profit | 310 | 218 | 170 | 176 | 142 | 83 | 81 | 110 | 68 | 77 | 157 | 203 |
| OPM % | 26% | 21% | 16% | 18% | 14% | 8% | 8% | 12% | 7% | 7% | 13% | 19% |
| Other Income | 35 | 41 | 59 | 42 | 54 | 69 | 45 | 45 | 23 | 45 | 3 | 45 |
| Interest | 6 | 6 | 6 | 7 | 8 | 10 | 13 | 11 | 10 | 11 | 10 | 8 |
| Depreciation | 46 | 46 | 49 | 47 | 53 | 53 | 57 | 58 | 62 | 63 | 65 | 59 |
| Profit before tax | 294 | 207 | 174 | 163 | 135 | 89 | 56 | 86 | 19 | 47 | 85 | 181 |
| Tax % | 26% | 23% | 25% | 26% | 26% | 24% | 18% | 30% | 37% | 37% | 36% | 22% |
| Net Profit | 219 | 159 | 130 | 122 | 101 | 67 | 46 | 60 | 12 | 30 | 54 | 142 |
| EPS in Rs | 28.88 | 20.58 | 18.14 | 17.24 | 13.49 | 9.72 | 6.66 | 8.23 | 2.65 | 4.07 | 7.85 | 20.21 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,710 | 1,979 | 2,493 | 2,245 | 3,378 | 4,921 | 4,448 | 4,062 | 4,279 | 4,375 |
| Expenses | 1,348 | 1,468 | 1,875 | 1,983 | 2,740 | 3,274 | 3,353 | 3,568 | 3,865 | 3,870 |
| Operating Profit | 362 | 511 | 618 | 261 | 638 | 1,647 | 1,095 | 494 | 414 | 505 |
| OPM % | 21% | 26% | 25% | 12% | 19% | 33% | 25% | 12% | 10% | 12% |
| Other Income | 18 | 20 | 52 | 12 | 54 | 58 | 167 | 198 | 114 | 115 |
| Interest | 42 | 29 | 75 | 70 | 59 | 37 | 24 | 38 | 42 | 38 |
| Depreciation | 116 | 176 | 198 | 229 | 213 | 189 | 185 | 210 | 248 | 250 |
| Profit before tax | 222 | 326 | 397 | -26 | 420 | 1,478 | 1,053 | 444 | 237 | 332 |
| Tax % | -0% | 9% | -2% | -83% | 18% | 26% | 25% | 24% | 34% | |
| Net Profit | 223 | 296 | 406 | -4 | 346 | 1,087 | 786 | 336 | 156 | 237 |
| EPS in Rs | 33.79 | 44.82 | 56.08 | -0.47 | 46.49 | 142.62 | 104.77 | 47.11 | 22.80 | 34.78 |
| Dividend Payout % | 12% | 11% | 9% | -213% | 13% | 7% | 8% | 11% | 13% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 14% | -5% | 8% | ||
| Compounded Profit Growth | % | 115% | -46% | -9% | ||
| Stock Price CAGR | 20% | 22% | 0% | 51% | ||
| Return on Equity | % | 18% | 12% | 4% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 826 | 1,090 | 1,375 | 1,376 | 1,673 | 2,568 | 3,228 | 3,478 | 3,595 |
| Borrowings | 315 | 361 | 753 | 662 | 478 | 231 | 276 | 456 | 345 |
| Other Liabilities | 436 | 455 | 1,043 | 1,018 | 1,094 | 1,361 | 1,600 | 1,565 | 1,502 |
| Total Liabilities | 1,590 | 1,920 | 3,184 | 3,069 | 3,259 | 4,173 | 5,118 | 5,512 | 5,455 |
| Fixed Assets | 1,035 | 991 | 2,018 | 1,873 | 1,757 | 1,659 | 1,882 | 2,126 | 2,182 |
| CWIP | 3 | 37 | 57 | 34 | 22 | 55 | 210 | 172 | 290 |
| Investments | 1 | 223 | 45 | 220 | 472 | 1,310 | 1,730 | 1,604 | 1,492 |
| Other Assets | 551 | 669 | 1,065 | 942 | 1,008 | 1,149 | 1,296 | 1,610 | 1,491 |
| Total Assets | 1,590 | 1,920 | 3,184 | 3,069 | 3,259 | 4,173 | 5,118 | 5,512 | 5,455 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 326 | 394 | 649 | 338 | 591 | 1,238 | 764 | 99 | 400 |
| Cash from Investing Activity | -139 | -382 | -858 | -166 | -289 | -894 | -714 | -172 | -188 |
| Cash from Financing Activity | -194 | -12 | 218 | -167 | -295 | -334 | -61 | 72 | -206 |
| Net Cash Flow | -6 | -1 | 9 | 5 | 7 | 10 | -11 | -0 | 7 |
| Free Cash Flow | 180 | 225 | 536 | 265 | 528 | 1,077 | 240 | -350 | 19 |
| CFO/OP | 104% | 89% | 113% | 129% | 108% | 95% | 93% | 38% | 108% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 25 | 30 | 21 | 33 | 26 | 25 | 21 | 31 | 33 |
| Inventory Days | 137 | 159 | 167 | 128 | 85 | 88 | 117 | 136 | 113 |
| Days Payable | 81 | 67 | 63 | 64 | 59 | 54 | 56 | 52 | 37 |
| Cash Conversion Cycle | 82 | 123 | 124 | 98 | 52 | 58 | 81 | 115 | 109 |
| Working Capital Days | 24 | 18 | 18 | 7 | 11 | 13 | 21 | 50 | 52 |
| ROCE % | 27% | 24% | 2% | 20% | 53% | 29% | 11% | 6% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 56.53% | 56.53% | 56.53% | 56.53% | 56.53% | 56.53% | 56.55% | 56.55% | 56.55% | 56.55% | 56.58% | 56.58% |
| FIIs | 7.80% | 7.98% | 8.19% | 7.40% | 6.17% | 5.30% | 4.20% | 3.77% | 3.31% | 3.26% | 3.24% | 2.59% |
| DIIs | 6.77% | 6.62% | 7.13% | 7.19% | 8.19% | 9.35% | 9.82% | 11.74% | 12.61% | 12.65% | 13.11% | 13.62% |
| Public | 28.90% | 28.88% | 28.15% | 28.87% | 29.12% | 28.82% | 29.43% | 27.95% | 27.55% | 27.54% | 27.06% | 27.22% |
| No. of Shareholders | 57,706 | 57,193 | 60,840 | 53,673 | 55,848 | 55,058 | 54,375 | 52,312 | 50,839 | 49,345 | 47,196 | 48,063 |
Fundamentals
Market Cap₹ 4,641 Cr.
Current Price₹ 703
Stock P/E20.2
Book Value₹ 546
ROCE6.17 %
ROE4.25 %
Dividend Yield0.43 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)-9%
Consolidated figures.
Valuation
Market capRs 4,806 Cr
Enterprise valueRs 5,229 Cr
P/E (TTM)20.92x
Price to book1.38x
Price to sales1.10x
EV / EBITDA8.43x
EV / EBIT14.11x
EV / sales1.20x
Price to cash flow48.44x
Earnings yield4.78%
Dividend yield0.69%
P/E, 3-year average6.01x
P/B, 3-year average1.11x
P/E, 5-year average6.31x
P/B, 5-year average1.16x
Profitability
Operating margin (excl. other income)12.16%
Operating margin (incl. other income)17.02%
EBITDA margin14.17%
Pre-tax margin7.59%
Net profit margin5.25%
Net margin, latest quarter12.70%
ROE9.24%
ROCE12.91%
ROA5.85%
ROE, 3-year average25.72%
ROCE, 3-year average35.94%
ROA, 3-year average15.37%
ROE, 5-year average19.38%
ROCE, 5-year average26.53%
ROA, 5-year average11.14%
ROIC (approx.)7.17%
Tax rate24.33%
Other income / net worth5.66%
Growth
Sales growth (latest year)-8.66%
Profit growth (latest year)-55.04%
Sales CAGR, 3 years6.35%
Sales CAGR, 5 years10.26%
Profit CAGR, 3 years0.44%
Profit CAGR, 5 years-3.43%
Sales growth QoQ-15.58%
Profit growth QoQ157.45%
Sales growth YoY (latest quarter)10.12%
Profit growth YoY (latest quarter)145.43%
Per share
EPS (TTM)Rs 34.78
EPS (latest year)Rs 47.11
EPS (latest quarter)Rs 20.21
EPS, 3-year averageRs 98.17
EPS, 5-year averageRs 68.10
Book value per shareRs 528.61
Sales per shareRs 662.45
Cash flow per shareRs 15.02
Free cash flow per shareRs 2.88
Dividend per share (latest year)Rs 5.00
Dividend per share, 3-year averageRs 7.67
Dividend per share, 5-year averageRs 6.00
Dividends
Dividend payout10.61%
Dividend payout, 3-year average8.42%
Dividend payout, 5-year average9.54%
Efficiency
Asset turnover0.74x
Fixed asset turnover1.91x
Inventory turnover3.46x
Inventory days105 days
Debtor days31 days
Debtors turnover11.60x
Creditor days37 days
Cash conversion cycle109 days
Working capital days52 days
Leverage
Total debtRs 456 Cr
Cash and bankRs 33 Cr
Net debtRs 423 Cr
Debt to equity0.13x
Net debt / EBITDA0.68x
Interest coverage9.64x
Current ratio (filing 2026-03-31)3.42x
Quick ratio (filing 2026-03-31)2.33x
Trade payables (filing 2026-03-31)Rs 266 Cr
Owners' fund to total sources63.34%
Debt to assets8.27%
Cash flow
Cash from Operating Activity (latest year)Rs 99 Cr
Cash from Investing Activity (latest year)Rs -172 Cr
Cash from Financing Activity (latest year)Rs 72 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 19 Cr
FCFE (approx.: FCF + change in debt)Rs 199 Cr
Cash from ops / profit, 5 years1.14x
Sales to cash flow40.94x
Statement figures
Net sales (TTM)Rs 4,375 Cr
Net sales (latest year)Rs 4,062 Cr
Sales (latest quarter)Rs 1,051 Cr
Operating profit excl. other income (latest year)Rs 494 Cr
Operating profit (latest quarter)Rs 203 Cr
Other income (TTM)Rs 115 Cr
EBITDA (TTM)Rs 620 Cr
PBDT (TTM)Rs 582 Cr
Profit before tax (TTM)Rs 332 Cr
Tax (latest year)Rs 108 Cr
Net profit (TTM)Rs 230 Cr
Net profit (latest year)Rs 311 Cr
Net profit (latest quarter)Rs 133 Cr
Depreciation (TTM)Rs 250 Cr
Depreciation (latest quarter)Rs 59 Cr
Interest (TTM)Rs 38 Cr
Cost of goods sold (latest year)Rs 3,014 Cr
Total expenditure (latest year)Rs 3,568 Cr
Total income (latest year)Rs 4,260 Cr
Share capitalRs 13 Cr
ReservesRs 3,478 Cr
Shareholders' fundsRs 3,491 Cr
Total assetsRs 5,512 Cr
Net blockRs 2,126 Cr
Capital work in progressRs 172 Cr
InvestmentsRs 1,604 Cr
ReceivablesRs 350 Cr
InventoryRs 871 Cr
Other liabilitiesRs 1,565 Cr
Shares outstanding (crore)6.60
Ownership
Promoter holding56.58% (+0.03 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 20.9 is at the 92th percentile of its own 6.4-year range
(median 6.5, low 3.5, high 25.0).
P/B 1.38 is at the 48th percentile (median 1.39).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | WSTCSTPAPR | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.4% | -2.8% | +1.4 pts |
| 1 month | +11.3% | -6.8% | +18.1 pts |
| 3 months | +37.4% | -7.6% | +45.1 pts |
| 6 months | +78.9% | +0.4% | +78.5 pts |
| 1 year | +54.0% | -9.9% | +63.9 pts |
| 2 years | +17.0% | -13.6% | +30.5 pts |
| 3 years | +3.5% | +14.2% | -10.7 pts |
| 5 years | +173.7% | +27.9% | +145.8 pts |
13 mutual fund schemes hold about ₹512 Cr.
Over three months 4 bought more and 8 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Nippon India Small Cap Fund | 0.26% | 212 | -21% |
| DSP Small Cap Fund | 0.65% | 141 | -24% |
| Parag Parikh ELSS Tax Saver Fund | 1.03% | 58 | -17% |
| SBI Conservative Hybrid Fund(Q | 0.35% | 36 | +100% |
| Tata Resources & Energy Fund | 2.00% | 28 | -20% |
| HDFC Dividend Yield Fund | 0.22% | 12 | -16% |
| SBI LT Advantage Fund-V | 2.95% | 11 | -2% |
| SBI LT Advantage Fund-VI- | 3.86% | 10 | +36% |
| JM Value Fund | 0.26% | 2 | +100% |
| DynaSIF Equity Ex-Top 100 Long-Short Fund | 1.19% | 2 | +100% |
| The Wealth Company Small Cap Fund | 0.95% | 1 | -61% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | -17% |
| HDFC Manufacturing Fund | 0.00% | 0 | -100% |
Red flags
F-score 3 of 8| explain | Debt up, profit down Borrowings up 65% while net profit fell in 2026 |
| look | Inventory outrunning sales Inventory grew 28% vs sales -9% in 2026 |
| look | Profit leans on other income Other income was 45% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1,051 Cr +10.1% vs Jun 2025.
Net profit ₹142 Cr +136.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| JK Paper Ltd | 7,096 | 21.7 | 7.39 % |
| Seshasayee Paper & Boards Ltd | 1,535 | 15.5 | 5.60 % |
| Andhra Paper Ltd | 1,427 | 51.7 | 0.04 % |
| N R Agarwal Industries Ltd | 1,125 | 17.0 | 8.49 % |
| Tamil Nadu Newsprint & Papers Ltd | 1,053 | 4.04 | 6.41 % |
| Pudumjee Paper Products Ltd | 898 | 9.86 | 18.1 % |
| Emami Paper Mills Ltd | 718 | 7.60 | 11.4 % |
| Satia Industries Ltd | 687 | 3.94 % | |
| Kuantum Papers Ltd | 671 | 18.6 | 5.24 % |
| Prabhatam Infra Venture Ltd | 614 | -97.1 % | |
| Shree Rama Newsprint Ltd | 464 | 0.93 % | |
| Pakka Ltd | 350 | 25.2 | 3.31 % |
| Orient Paper & Industries Ltd | 343 | -4.24 % | |
| Ruchira Papers Ltd | 313 | 9.39 | 11.1 % |
| Genus Paper & Boards Ltd | 264 | 19.0 | 6.17 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-10 | Dividend - Rs 3 Per Share | |
| 2025-08-14 | Dividend - Rs 5 Per Share | |
| 2024-08-06 | Annual General Meeting/Dividend - Rs 8 Per Share | |
| 2023-08-09 | Annual General Meeting/Dividend - Rs 10 Per Share | |
| 2022-08-08 | Annual General Meeting/Dividend - Rs 6 Per Share | |
| 2021-09-15 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2020-03-19 | Interim Dividend - Rs 5 Per Share | |
| 2019-07-22 | Annual General Meeting/Dividend - Rs 5 Per Share | |
| 2018-08-09 | Annual General Meeting/Dividend- Rs 4 Per Share (Date Revised) | |
| 2017-08-16 | Annual General Meeting/ Dividend -Rs 2.50 Per Share | |
| 2016-08-18 | Annual General Meeting/Dividend - Re 1/- Per Share | |
| 2015-07-16 | Annual General Meeting | |
| 2014-07-15 | Annual General Meeting /Dividend Re.1/- Per Share | |
| 2013-07-15 | Annual General Meeting/Dividend Re 1/- Per Share | |
| 2012-07-13 | Annual General Meeting/Dividend Re 0.20 Per Share | |
| 2010-07-15 | Dividend-Rs.2/- Per Share | |
| 2009-08-13 | Dividend-Rs.2/- Per Share | |
| 2008-08-13 | Dividend - 150% | |
| 2007-10-26 | Fv Split Rs.10/- To Rs.2/ | 0.2000 |
| 2007-09-13 | Dividend-Rs.15/- Per Sh | |
| 2006-09-14 | Dividend-Rs.15/- Per Sh |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of West Coast Paper Mills Ltd?
West Coast Paper Mills Ltd (WSTCSTPAPR) has a market capitalisation of Rs 4,641 Cr. at the 2026-10-01 close.
What is the P/E ratio of West Coast Paper Mills Ltd?
West Coast Paper Mills Ltd trades at a P/E of 20.2 on trailing twelve-month profit, at the 2026-10-01 close.
What were West Coast Paper Mills Ltd's latest quarterly results?
In the Jun 2026 quarter, West Coast Paper Mills Ltd sales was Rs 1,051 Cr (+10.1% vs Jun 2025) and net profit was Rs 142 Cr.
What is the 52-week high and low of West Coast Paper Mills Ltd?
The 52-week high is Rs 777.00 and the 52-week low is Rs 375.00.