WSTCSTPAPR

West Coast Paper Mills Limited

Paper and telecommunication cables producer with optical-fibre draw capacity

Commodities›Forest Materials›Paper, Forest & Jute Products›Paper & Paper Products

westcoastpaper.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹840.00
Market cap
5,548 Cr
Stock P/E
23.9
P/B
1.54
Dividend yield
0.7%
ROE (FY26)
3.7%
ROCE (FY26)
6.2%
Operating margin (FY26)
3.8%
Debt / equity (FY26)
0.09
OCF / EBITDA (FY26)
97.0%
OCF / EBITDA (3Y)
63.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

West Coast Paper Mills is in the paper and paper products industry.

Company snapshot

2ndBy market cap

Ranked among 22 companies in Paper & Paper Products.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 93.2% of revenue

SegmentRevenue shareRevenuePBTAssets
Others
0.0%
0.0002 Cr-0.53 Cr33 Cr
Paper and Paper Board
93.2%
946 Cr87 Cr5,192 Cr
Telecommunication Cables
6.8%
69 Cr4 Cr380 Cr

What we see

Positives
  • ✓Debt-to-equity of 0.09x — the company is largely funded by its own money, not borrowed funds.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales1,194 Cr1,045 Cr1,070 Cr960 Cr1,045 Cr1,016 Cr1,041 Cr955 Cr1,043 Cr1,050 Cr1,245 Cr1,051 Cr
Operating expenses (approx.)884 Cr828 Cr900 Cr785 Cr903 Cr933 Cr961 Cr844 Cr975 Cr973 Cr1,088 Cr848 Cr
EBITDA310 Cr218 Cr170 Cr176 Cr142 Cr83 Cr81 Cr110 Cr68 Cr77 Cr157 Cr203 Cr
OPM %26.0%20.8%15.9%18.3%13.6%8.1%7.8%11.6%6.5%7.3%12.6%19.3%
Other income35 Cr41 Cr59 Cr42 Cr54 Cr69 Cr45 Cr45 Cr23 Cr45 Cr3 Cr45 Cr
Interest6 Cr6 Cr6 Cr7 Cr8 Cr10 Cr13 Cr11 Cr10 Cr11 Cr10 Cr8 Cr
Depreciation46 Cr46 Cr49 Cr47 Cr53 Cr53 Cr57 Cr58 Cr62 Cr63 Cr65 Cr59 Cr
Profit before tax294 Cr207 Cr174 Cr163 Cr135 Cr89 Cr56 Cr86 Cr19 Cr47 Cr85 Cr181 Cr
Tax %25.6%23.2%24.9%25.7%25.6%24.2%17.7%30.2%36.9%37.5%36.3%21.7%
Net profit219 Cr159 Cr130 Cr122 Cr101 Cr67 Cr46 Cr60 Cr12 Cr30 Cr54 Cr142 Cr
EPS (₹)₹28.88₹20.58₹18.14₹17.24₹13.49₹9.72₹6.66₹8.24₹2.65₹4.07₹7.85₹20.21

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,734 Cr1,979 Cr2,493 Cr2,245 Cr3,378 Cr4,921 Cr4,448 Cr4,062 Cr4,279 CrSign in free for the trailing twelve months
Operating expenses (approx.)1,371 Cr1,468 Cr1,877 Cr1,992 Cr2,744 Cr3,279 Cr3,356 Cr3,581 Cr3,866 CrSign in free for the trailing twelve months
EBITDA363 Cr511 Cr616 Cr253 Cr633 Cr1,642 Cr1,092 Cr481 Cr413 CrSign in free for the trailing twelve months
OPM %20.9%25.8%24.7%11.3%18.8%33.4%24.6%11.8%9.7%Sign in free for the trailing twelve months
Other income18 Cr20 Cr54 Cr25 Cr58 Cr78 Cr170 Cr211 Cr114 CrSign in free for the trailing twelve months
Interest42 Cr29 Cr75 Cr70 Cr59 Cr37 Cr24 Cr38 Cr42 CrSign in free for the trailing twelve months
Depreciation116 Cr176 Cr198 Cr229 Cr213 Cr189 Cr185 Cr210 Cr248 CrSign in free for the trailing twelve months
Profit before tax222 Cr326 Cr397 Cr-26 Cr420 Cr1,478 Cr1,053 Cr444 Cr237 CrSign in free for the trailing twelve months
Tax %-0.3%9.1%-2.4%83.3%17.7%26.4%25.4%24.3%34.4%Sign in free for the trailing twelve months
Net profit223 Cr296 Cr406 Cr-4 Cr346 Cr1,087 Cr786 Cr336 Cr156 CrSign in free for the trailing twelve months
EPS (₹)₹33.79₹44.82₹56.08₹-0.47₹46.49₹142.62₹104.77₹47.11₹22.80Sign in free for the trailing twelve months
Dividend payout %————3.5%4.4%10.2%19.0%24.7%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr13 Cr
Reserves826 Cr1,090 Cr1,375 Cr1,376 Cr1,673 Cr2,568 Cr3,228 Cr3,478 Cr3,595 Cr
Borrowings254 Cr313 Cr623 Cr514 Cr446 Cr202 Cr251 Cr432 Cr313 Cr
Other liabilities497 Cr503 Cr903 Cr919 Cr862 Cr916 Cr1,057 Cr1,011 Cr955 Cr
Total liabilities1,590 Cr1,920 Cr3,231 Cr3,137 Cr3,343 Cr4,183 Cr5,118 Cr5,512 Cr5,455 Cr
Fixed assets (net)1,033 Cr990 Cr1,698 Cr1,563 Cr1,454 Cr1,365 Cr1,597 Cr1,851 Cr1,916 Cr
CWIP3 Cr37 Cr57 Cr32 Cr22 Cr53 Cr205 Cr164 Cr290 Cr
Investments1 Cr223 Cr45 Cr220 Cr472 Cr1,310 Cr1,730 Cr1,604 Cr1,492 Cr
Loans & advances—0 Cr47 Cr62 Cr106 Cr27 Cr12 Cr2 Cr0.80 Cr
Inventories343 Cr430 Cr548 Cr412 Cr396 Cr492 Cr682 Cr871 Cr807 Cr
Trade receivables119 Cr163 Cr142 Cr204 Cr242 Cr332 Cr257 Cr350 Cr387 Cr
Cash & bank8 Cr7 Cr16 Cr21 Cr28 Cr36 Cr25 Cr25 Cr32 Cr
Other assets84 Cr70 Cr679 Cr623 Cr623 Cr567 Cr610 Cr646 Cr529 Cr
Total assets1,590 Cr1,920 Cr3,231 Cr3,137 Cr3,343 Cr4,183 Cr5,118 Cr5,512 Cr5,455 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity326 Cr394 Cr649 Cr338 Cr591 Cr1,238 Cr764 Cr99 Cr400 Cr
Cash from investing-139 Cr-382 Cr-881 Cr-166 Cr-289 Cr-894 Cr-714 Cr-172 Cr-188 Cr
Cash from financing-194 Cr-12 Cr218 Cr-167 Cr-295 Cr-334 Cr-61 Cr72 Cr-206 Cr
Net cash flow-6 Cr-0.60 Cr-14 Cr5 Cr7 Cr10 Cr-11 Cr-0.18 Cr7 Cr
Free cash flow (OCF − Capex)177 Cr224 Cr533 Cr264 Cr528 Cr1,075 Cr239 Cr-351 Cr19 Cr

Ratios

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %24.2%25.0%20.3%2.0%19.3%46.4%26.5%10.7%6.2%
ROE %26.6%26.8%21.7%-0.2%15.1%30.7%18.2%7.6%3.7%
Debtor days253021332625213133
Inventory days1381561551378887116125107
Days payable816959686154564835
Cash conversion cycle82117117102535881108105
OCF / EBITDA %89.9%77.1%105.3%133.7%93.2%75.4%70.0%20.6%97.0%
OCF / EBITDA % (3 years)——91.9%100.1%105.0%85.7%77.0%65.4%63.6%
Debt / equity0.300.280.450.370.260.080.080.120.09
Current ratio1.321.641.451.321.632.652.933.003.42
Net debt / EBITDA—0.600.991.950.660.100.210.840.68