West Coast Paper Mills Ltd logo

West Coast Paper Mills Ltd

WSTCSTPAPR NSE

Key Fundamentals

MicrocapPaper & Paper ProductsForest Materials
Market Cap
₹4,166 Cr
Volatility
Moderate
P/E Ratio
17.9
EBITDA
₹527 Cr
Return on Equity
3.72%
Debt to Equity
0.1
Book Value
₹545.8
EPS
₹84.84
52W High
₹655
52W Low
₹375

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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Tapetide Score

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Technical Indicators

Key Insights

Strengths

2
  • Company has reduced debt.
  • Stock is trading at 1.17 times its book value

Weaknesses

2
  • Company has a low return on equity of 11.8% over last 3 years.
  • Dividend payout has been low at 10.5% of profits over last 3 years

Growth Rate

Revenue Growth
2.82%
Net Income Growth
-53.61%
Cash Flow Change
303.50%
ROE
-54.91%
ROCE
-43.20%
EBITDA Margin (Avg.)
-25.88%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 48d ago
AI opinion · based on fundamentals
Risk high

West Coast Paper Mills Ltd trades at a market cap of ₹3,490 Cr with a P/E of 22.4x and P/B of 0.97x. The company has delivered strong 5-year profit CAGR of 115% but faces a sharp TTM profit decline of -53%, with ROE falling from 18% (5-year average) to 4% in the last year.

Bull Case 7
  • Stock trades below book value at 0.97x P/B, suggesting asset-heavy balance sheet provides a valuation floor
  • Company has reduced debt, improving financial flexibility and lowering interest burden
  • 5-year compounded profit growth of 115% demonstrates long-term earnings power through cycles
  • 5-year compounded sales growth of 14% shows sustained revenue expansion over a meaningful period
  • 10-year stock CAGR of 20% indicates significant long-term wealth creation for shareholders
  • TTM sales growth of 5% suggests revenue stabilization after a 3-year CAGR decline of -5%
  • Dividend yield of 0.94% provides some income support while the company navigates a cyclical downturn
Bear Case 8
  • TTM compounded profit has declined -53%, indicating severe margin compression in the current cycle
  • 3-year compounded profit CAGR of -46% shows a sustained and deep earnings deterioration, not a one-off
  • Working capital days have nearly doubled from 73.8 days to 151 days, signalling significant cash flow strain and potential inventory buildup
  • ROE has collapsed from 18% (5-year average) to just 4% in the last year, reflecting poor capital efficiency
  • 3-year ROE of 12% and last-year ROE of 4% are well below cost of equity for a cyclical commodity business
  • Dividend payout ratio of only 10.5% of profits over the last 3 years limits shareholder returns during the downturn
  • 3-year sales CAGR of -5% indicates revenue contraction, likely due to commodity price weakness in the paper cycle
  • 1-year stock return of -6% reflects market's recognition of deteriorating fundamentals

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 48d ago
Neutral 1
  • Record date set for dividend Jun 17

    West Coast Paper Mills fixed August 10, 2026 as the record date for its AGM and dividend. Book closure period runs August 11–17, 2026.

TL;DR: Limited recent news flow for West Coast Paper Mills. The company has announced administrative details for its upcoming AGM and dividend, signaling routine corporate governance activity. No material headwinds or catalysts are visible from current coverage. Watch for dividend quantum announcement and quarterly results for directional cues.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1,139
1,194
1,045
1,070
960
1,045
1,016
1,041
955
1,043
1,036
1,245
1,051
Expenses
744
884
828
900
785
903
933
961
844
975
959
1,088
848
Operating Profit
395
310
218
170
176
142
83
81
110
68
77
157
203
OPM %
35%
26%
21%
16%
18%
14%
8%
8%
12%
7%
7%
13%
19%
Other Income
35
35
41
59
42
54
69
45
45
23
45
3
45
Interest
7
6
6
6
7
8
10
13
11
10
11
10
8
Depreciation
44
46
46
49
47
53
53
57
58
62
63
65
59
PBT
379
294
207
174
163
135
89
56
86
19
47
85
181
Tax %
27%
26%
23%
25%
26%
26%
24%
18%
30%
37%
37%
36%
22%
Net Profit
278
219
159
130
122
101
67
46
60
12
30
54
142
EPS in Rs
37.17
28.88
20.58
18.14
17.24
13.49
9.72
6.66
8.23
2.65
4.07
7.85
20.21
Figures in ₹ Crores

Profit & Loss

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
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
PBT
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
143
105
47.11
22.8
34.78
Div. Payout %
12%
11%
9%
-213%
13%
7%
8%
11%
13%
Figures in ₹ Crores

Balance Sheet

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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
Figures in ₹ Crores

Cash Flow

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
326
394
649
338
591
1,238
764
99
400
Investing
-139
-382
-858
-166
-289
-894
-714
-172
-188
Financing
-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
Figures in ₹ Crores

Ratios

  Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Shareholding Pattern

As of Jun 2026
Promoters 56.58%
Public 21.06%
DIIs 13.63%
Others 6.15%
FIIs 2.58%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
56.29%
56.35%
56.45%
56.47%
56.48%
56.48%
56.52%
56.52%
56.53%
56.53%
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
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
7.80%
0.00%
8.19%
7.40%
6.17%
5.30%
4.20%
3.78%
3.31%
3.26%
3.24%
2.58%
DIIs
8.48%
8.25%
8.25%
8.25%
8.50%
8.51%
7.14%
7.60%
7.56%
7.18%
6.76%
6.62%
7.14%
7.20%
8.19%
9.35%
9.82%
11.73%
12.62%
12.66%
13.11%
13.63%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
25.07%
25.38%
25.56%
25.91%
26.26%
26.01%
26.28%
24.91%
23.65%
23.62%
22.21%
22.17%
21.65%
21.87%
22.75%
22.68%
22.88%
21.82%
21.33%
21.24%
20.79%
21.06%
Others
10.16%
10.02%
9.74%
9.38%
8.76%
9.00%
10.06%
10.97%
12.26%
12.67%
6.70%
14.68%
6.50%
7.00%
6.36%
6.13%
6.54%
6.12%
6.19%
6.30%
6.28%
6.15%
No. of Shareholders
33,489
32,776
32,537
30,058
31,426
34,319
40,550
42,761
42,603
52,029
57,706
57,193
60,840
53,673
55,848
55,058
54,375
52,312
50,839
49,345
47,196
48,063

Documents

Frequently Asked Questions about West Coast Paper Mills Ltd

What does West Coast Paper Mills Ltd do?
West Coast Paper Mills Ltd is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. Established in 1955, the Mill is located at Dandeli in Uttara Kannada district in Karnataka. The global quality paper produced by the Company serves the needs of innum...
Where is West Coast Paper Mills Ltd (WSTCSTPAPR) listed?
West Coast Paper Mills Ltd is listed on the Indian stock exchanges. It is listed on NSE: WSTCSTPAPR and BSE: 500444. You can view its live share price, financials, and ratios on Tapetide.
Which sector does West Coast Paper Mills Ltd belong to?
West Coast Paper Mills Ltd operates in the Commodities sector within the Paper, Forest & Jute Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of West Coast Paper Mills Ltd?
West Coast Paper Mills Ltd has a market capitalisation of approximately ₹4166.03 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of West Coast Paper Mills Ltd?
The Price-to-Earnings (PE) ratio of West Coast Paper Mills Ltd is 17.90. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of West Coast Paper Mills Ltd?
Over the past 52 weeks, West Coast Paper Mills Ltd has traded between a low of ₹375 and a high of ₹655. This range helps investors understand the stock's price volatility and recent trading levels.
Does West Coast Paper Mills Ltd pay dividends?
Yes, West Coast Paper Mills Ltd has a dividend yield of 0.47%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of West Coast Paper Mills Ltd?
West Coast Paper Mills Ltd has a Return on Equity (ROE) of 3.72%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research West Coast Paper Mills Ltd on Tapetide?
On Tapetide, you can view West Coast Paper Mills Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

West Coast Paper Mills Ltd is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. Established in 1955, the Mill is located at Dandeli in Uttara Kannada district in Karnataka. The global quality paper produced by the Company serves the needs of innumerable industries in printing, writing, publishing, stationary, notebooks and packaging sectors in India, in the process contributing to the development of the nation. [1]

CEO Mr. Shree Kumar Bangur
Employees 2,463
Listed 2001-01-17
Face Value ₹ 2
Issued Size 6,60,48,908

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