West Coast Paper Mills Limited
₹814.85-₹26.60 (-3.2%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹2,752 Cr
- P/E
- 14.8x
- EV / EBITDA
- 3.7x
- Revenue
- ₹2,511 Cr
- Net margin
- 18.1%
- ROCE
- 24.9%
Price chart
Technical chartScreen technicals →+78.7% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +10.5%
- 3M
- +44.9%
- 6M
- +68.5%
- 1Y
- +78.7%
- 5Y
- +221.2%
52-week range
Day change -₹26.60 (-3.2%) from ₹841 to ₹815 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in WSTCSTPAPR, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 19.2%
Concerns1
- Operating margin declining for 3 consecutive years (32.0% → 25.0% → 14.0%)
Rule-based from financial data. Not advice.
About the company
West Coast Paper Mills Limited manufactures, produces and sells pulp, paper, and paper boards in India and internationally. It operates through, Paper and Paperboard and Optic Fibre Cable segments.
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West Coast Paper Mills Limited manufactures, produces and sells pulp, paper, and paper boards in India and internationally. It operates through, Paper and Paperboard and Optic Fibre Cable segments. The company provides printing and writing paper, machine-glazed paper and boards, security and hi-value grades paper, cup stock and coated duplex boards, business stationery products, and premium printing paper under the WESCO brand; and manufactures and sells optical fiber cables. It is also involved in the wind power generation business with a capacity of 74.8 megawatts. The company sells its products to B2B and B2C markets through a network of distributors, banks, commercial and industrial establishments, and government institutions. The company was incorporated in 1955 and is headquartered in Kolkata, India.
- Sector
- Materials
- Shares outstanding
- 6.6 Cr shares
- ISIN
- INE976A01021
- BSE code
- 500444
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹2,752 Cr
- P/E
- 14.8x
- P/B
- 1.0x
- EV / EBITDA
- 3.7x
- EV / Sales
- 1.1x
- P/S
- 1.0x
- Earnings yield
- 6.8%
- 52-week high
- ₹942.25
- 52-week low
- ₹381.20
Profitability
- Operating margin
- 25.0%
- Net margin
- 18.1%
- EBITDA margin
- 28.7%
- ROE
- 19.2%
- ROCE
- 24.9%
- ROA
- 15.0%
- Dividend payout
- 11.0%
- Tax rate
- 24.0%
- Other income, % of PBT
- 15.2%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,511 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -4.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹752 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -20.8%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -40.1%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 11.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹454 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -34.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹9.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 18.5%
Solvency and efficiency
- Current ratio
- 4.52
- Debt / Equity
- 0.06
- Debt / Assets
- 0.05
- Debt / EBITDA
- 0.21
- Interest coverage
- 34.58
- Financial leverage
- 1.28
- CFO / Net profit
- 0.95
- Cash / Market cap
- 28.1%
- Cash per share
- ₹117.00
- Asset turnover
- 0.83
- Fixed asset turnover
- 3.89
- Capital intensity
- 0.26
- Debtor days
- 27 days
- Inventory turnover
- 2.85
- Cash conversion cycle
- 124 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹11 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,159 Cr |
| Sales | Operating profit | ₹352 Cr |
| Operating profit | Interest | ₹20 Cr |
| Operating profit | Depreciation | ₹113 Cr |
| Operating profit | Profit before tax | ₹219 Cr |
| Other income | Profit before tax | ₹147 Cr |
| Profit before tax | Tax and other | ₹82 Cr |
| Profit before tax | Net profit | ₹285 Cr |
Revenue and net profit
Revenue fell 4.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,368 Cr | ₹2 Cr |
| FY2022 | ₹1,985 Cr | ₹218 Cr |
| FY2023 | ₹2,810 Cr | ₹587 Cr |
| FY2024 | ₹2,623 Cr | ₹476 Cr |
| FY2025 | ₹2,511 Cr | ₹285 Cr |
Cash flows
FY2025: ₹157 Cr from operations, ₹75.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹239 Cr | ₹180 Cr |
| FY2022 | ₹382 Cr | ₹294 Cr |
| FY2023 | ₹695 Cr | ₹324 Cr |
| FY2024 | ₹454 Cr | ₹98 Cr |
| FY2025 | ₹157 Cr | ₹75 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,511 Cr-4.3%1Y
- Net profit
- ₹285 Cr-40.1%1Y
- Cash from operations
- ₹157 Cr
- Free cash flow
- ₹75 Cr-23.5%1Y
- Revenue CAGR, 5Y
- 5.8%
- EBITDA CAGR, 5Y
- 7.3%
- Net profit CAGR, 5Y
- 11.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,511 Cr | ₹352 Cr | — | ₹285 Cr | ₹157 Cr | ₹75 Cr | 10.5% | -4.3% | -40.1% |
Monthly returns
Month-by-month returns of WSTCSTPAPR across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,429 Cr |
| Equity capital | ₹13 Cr |
| Reserves | ₹2,692 Cr |
| Borrowings | ₹172 Cr |
| Other liabilities | ₹553 Cr |
| Assets | ₹3,429 Cr |
| Fixed assets | ₹703 Cr |
| Capital work in progress | ₹139 Cr |
| Investments | ₹1,626 Cr |
| Other assets | ₹962 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
WSTCSTPAPR trades at 14.8x earnings against a peer median of 35.5x (a 58% discount).
Not shown (no positive earnings and no EV / Sales): Camlin Fine Sciences Ltd.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| West Coast Paper Mills LimitedWSTCSTPAPRthis companyP/E ↓ discount | ₹2,752 Cr | 14.8x | 1.0x | 19.2% | 3.7x |
| DDEV PLASTIKS INDUSTRIES LIMITEDDDEVPLSTIK | ₹2,926 Cr | 14.8x | 3.2x | 27.6% | 10.1x |
| Camlin Fine Sciences LtdCAMLINFINE | ₹2,900 Cr | — | 3.4x | -7.1% | 62.2x |
| Bhagiradha Chemicals and IndustriesBHAGCHEM | ₹2,831 Cr | 107.0x | 4.0x | 4.8% | 59.0x |
| STANDARD GLASS LINING TECHNOLOGY LIMITEDSETL | ₹2,757 Cr | 70.3x | 4.5x | 7.8% | 61.1x |
| Premier Explosives Ltd.PREMEXPLN | ₹2,717 Cr | 54.3x | 9.9x | 12.7% | 44.1x |
| Fineotex Chemical LimitedFCL | ₹2,680 Cr | 30.1x | 3.9x | 31.0% | 18.3x |
| SAMBHV STEEL TUBES LIMITEDSAMBHV | ₹2,639 Cr | 29.0x | 2.7x | 18.7% | 17.9x |
| Thirumalai Chemicals Ltd.TIRUMALCHM | ₹2,578 Cr | 1349.0x | 1.7x | 3.7% | 20.9x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
WSTCSTPAPR since 1 January, against earlier years.
Historical volatility
WSTCSTPAPR's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 14.0% |
| FY2022 | 20.0% |
| FY2023 | 32.0% |
| FY2024 | 25.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,511 Cr |
| Costs | |
| Interest | ₹20 Cr |
| Expenses | ₹2,159 Cr |
| Operating profitOperating Profit | ₹352 Cr |
| Other income and charges | |
| Profit before tax | ₹367 Cr |
| Tax | |
| Net profitNet Profit | ₹285 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,429 Cr |
| Equity capitalEquity Capital | ₹13 Cr |
| Reserves | ₹2,692 Cr |
| Borrowings | ₹172 Cr |
| Other liabilitiesOther Liabilities | ₹553 Cr |
| AssetsTotal Assets | ₹3,429 Cr |
| Fixed assetsFixed Assets | ₹703 Cr |
| Capital work in progressCWIP | ₹139 Cr |
| Investments | ₹1,626 Cr |
| Other assetsOther Assets | ₹962 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹157 Cr |
| Investing cash flowCash from Investing Activity | -₹82 Cr |
| Financing cash flowCash from Financing Activity | -₹66 Cr |
| Change in cashNet Cash Flow | ₹9 Cr |
Learn while you research
Academy chapters picked for West Coast Paper Mills Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read