West Coast Paper Mills Limited

BSE: WSTCSTPAPR500444ISIN INE976A01021

Commodities
Paper & Paper Products
BSE 1000

Share price

₹829.60+27.30 (+3.40%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹977.15
52W low: ₹375.05
Off 52W high: -15.10%
1M return: +15.67%
3M return: +40.60%
6M return: +56.68%
1Y return: +84.11%
20D avg volume: 51,423
50 DMA: ₹738.22
200 DMA: ₹546.81

Key ratios Consolidated

Market cap: ₹5,479 Cr
Current price: ₹829.60
52W high / low: ₹977.15 / ₹375.05
Face value: ₹2.00
P/E: 23.09
P/B: 1.52
EPS (TTM): ₹35.93
Book value / share: ₹546.23
ROE: —
ROCE: 5.90%
Operating margin: —
Net margin: —
Debt / equity: 0.07
Net debt: ₹281.16 Cr
Interest cover: 6.69
Dividend yield: 0.36%
Dividend / share (TTM): ₹3.00
Payout: 8.35%
Cash conversion cycle: 79.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,051	1,245	1,050	1,043	954.65	1,041	1,016	1,045	960.34	1,070	1,045	1,194
	44.67	3.06	44.63	22.55	44.66	44.84	69.38	54.32	41.96	58.52	41.38	35.34
	1,096	1,248	1,094	1,066	999.31	1,086	1,085	1,099	1,002	1,129	1,087	1,229
	914.69	1,164	1,047	1,047	912.97	1,030	996.34	964.05	838.82	955.03	879.74	935.51
	680.32	705.15	700.12	661.63	687.35	658.00	633.71	688.74	557.54	521.90	526.89	539.85
	0.02	0.16	0.00	0.03	0.45	0.10	0.07	0.02	—	0.01	0.03	0.36
	103.89	108.24	109.55	103.56	100.69	93.87	102.82	103.26	97.60	102.29	93.38	94.26
	7.69	10.20	10.67	9.87	10.96	12.90	9.94	8.42	6.92	5.57	5.84	5.86
	59.03	65.34	63.35	61.80	57.81	56.62	53.13	52.87	47.25	48.99	46.36	46.02
	163.91	176.63	188.70	188.32	173.85	204.52	101.38	92.24	90.63	130.91	117.06	96.50
	181.25	84.80	47.30	18.88	86.34	56.06	88.89	135.09	163.48	173.59	206.77	293.67
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	181.25	84.80	47.30	18.88	86.34	56.06	88.89	135.09	163.48	173.59	206.77	293.67
	39.40	30.82	17.72	6.97	26.07	9.91	21.48	34.53	41.97	43.16	48.01	75.12
	141.84	53.98	29.58	11.91	60.26	46.15	67.41	100.56	121.52	130.43	158.76	218.54
	20.21	7.85	4.07	2.65	8.24	6.66	9.72	13.49	17.24	18.14	20.58	28.88
Key metrics
	247.97	160.34	121.32	90.55	155.11	125.58	151.96	196.38	217.65	228.15	258.97	345.55
	23.60%	12.90%	11.60%	8.70%	16.20%	12.10%	15.00%	18.80%	22.70%	21.30%	24.80%	28.90%
	13.50%	4.30%	2.80%	1.10%	6.30%	4.40%	6.60%	9.60%	12.70%	12.20%	15.20%	18.30%
	—	2.00%	—	0.60%	—	1.50%	—	—	—	—	—	—
	10.10%	19.60%	3.30%	-0.20%	-0.60%	-2.70%	-2.80%	-12.50%	—	—	—	—
	135.40%	17.00%	-56.10%	-88.20%	-50.40%	-64.60%	-57.50%	-54.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,389	4,279	4,062	4,448	4,921	3,378
	114.91	114.40	210.51	170.34	77.57	58.22
	4,504	4,393	4,273	4,618	4,998	3,436
	4,172	4,156	3,829	3,565	3,505	3,015
	2,747	2,746	2,538	2,144	2,063	1,642
	0.21	0.64	0.18	0.39	7.50	7.80
	425.24	423.78	397.55	390.68	366.68	358.61
	38.43	41.71	38.18	23.90	37.07	58.70
	249.52	248.31	209.87	185.10	189.47	212.53
	717.56	719.34	736.59	434.64	401.12	332.45
	332.23	237.31	443.53	1,053	1,493	420.40
	0.00	0.00	0.00	0.00	-15.38	0.00
	332.23	237.31	443.53	1,053	1,478	420.40
	94.91	81.58	107.89	267.20	390.82	74.52
	237.31	155.73	335.64	786.09	1,087	345.88
	34.78	22.80	47.11	104.77	142.62	46.49
Key metrics
	620.18	527.33	691.58	1,262	1,704	691.63
	14.13%	12.30%	17.00%	28.40%	34.60%	20.50%
	5.41%	3.60%	8.30%	17.70%	22.10%	10.20%
	—	5.90%	10.40%	—	—	—
	8.20%	5.30%	-8.70%	-9.60%	45.70%	—
	-13.51%	-53.60%	-57.30%	-27.70%	214.30%	—
	—	20.09	-347.71	—	—	—
	—	2.57	0.30	—	—	—
	—	0.07	0.11	—	—	—
	—	281.16	406.24	—	—	—
	—	79.1	79.7	—	—	—
Balance sheet
	—	5,455	5,512	—	—	—
	—	2,549	2,689	—	—	—
	—	32.21	25.29	—	—	—
	—	387.15	350.25	—	—	—
	—	806.88	870.83	—	—	—
	—	133.30	217.37	—	—	—
	—	1,916	1,851	—	—	—
	—	265.76	333.92	—	—	—
	—	746.30	897.57	—	—	—
	—	313.37	431.53	—	—	—
	—	100.86	217.92	—	—	—
	—	212.51	213.61	—	—	—
	—	4,186	4,070	—	—	—
Cash flow
	—	400.35	99.22	—	—	—
	—	-187.54	-171.55	—	—	—
	—	-205.90	72.15	—	—	—
	—	380.26	446.93	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	638.10	707.33	590.77	644.53	555.86	631.04	629.14	609.36	641.81	700.58	564.73	706.36
	23.57	7.80	16.48	27.28	17.87	25.42	54.50	53.17	16.89	15.02	17.62	50.33
	661.66	715.13	607.24	671.81	573.74	656.46	683.63	662.53	658.70	715.60	582.35	756.68
	525.09	638.99	573.89	612.67	514.35	602.70	608.73	551.44	531.63	601.62	489.84	559.70
	422.86	404.01	381.62	385.23	400.65	388.11	386.14	406.41	369.48	339.80	284.30	315.64
	0.03	0.12	0.00	0.00	0.45	0.09	0.07	0.02	—	—	—	0.37
	58.53	58.54	59.29	56.70	56.98	55.96	57.75	57.72	56.60	57.03	54.84	55.00
	4.63	5.98	5.68	5.48	5.12	5.61	5.39	4.46	4.64	4.71	4.95	4.29
	29.40	35.70	34.01	32.84	29.92	30.39	28.57	27.49	26.32	29.64	27.09	26.64
	102.66	99.04	101.83	110.31	97.95	111.61	56.19	52.63	55.13	73.29	54.98	56.22
	136.57	76.14	33.35	59.14	59.39	53.76	74.90	111.09	127.07	113.98	92.51	196.99
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	136.57	76.14	33.35	59.14	59.39	53.76	74.90	111.09	127.07	113.98	92.51	196.99
	27.89	27.28	14.74	14.13	18.34	12.37	16.68	19.11	33.95	31.52	14.87	41.37
	108.68	48.86	18.61	45.02	41.05	41.39	58.22	91.98	93.11	82.46	77.64	155.62
	16.45	7.40	2.82	6.82	6.21	6.27	8.81	13.93	14.10	12.48	11.76	23.56
Key metrics
	170.60	117.82	73.04	97.46	94.43	89.76	108.86	143.04	158.03	148.33	124.55	227.92
	26.70%	16.70%	12.40%	15.10%	17.00%	14.20%	17.30%	23.50%	24.60%	21.20%	22.10%	32.30%
	17.00%	6.90%	3.20%	7.00%	7.40%	6.60%	9.30%	15.10%	14.50%	11.80%	13.70%	22.00%
	—	2.70%	—	2.10%	—	2.00%	—	—	—	—	—	—
	14.80%	12.10%	-6.10%	5.80%	-13.40%	-9.90%	11.40%	-13.70%	—	—	—	—
	164.80%	18.00%	-68.00%	-51.10%	-55.90%	-49.80%	-25.00%	-40.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,581	2,498	2,511	2,623	2,810	1,985
	75.13	68.94	149.98	96.84	45.65	29.96
	2,656	2,567	2,661	2,720	2,856	2,015
	2,351	2,339	2,295	2,096	2,057	1,771
	1,594	1,572	1,550	1,251	1,221	988.50
	0.15	0.57	0.18	0.37	7.31	5.50
	233.06	231.52	228.03	220.07	199.55	182.44
	21.77	22.25	20.10	19.13	29.34	52.79
	131.95	132.48	112.78	109.05	119.36	138.33
	413.84	408.65	425.45	236.68	221.47	150.56
	305.20	228.02	366.82	624.25	799.36	244.44
	0.00	0.00	0.00	—	—	—
	305.20	228.02	366.82	624.25	799.36	244.44
	84.04	74.49	82.11	148.06	212.24	26.35
	221.17	153.53	284.71	476.19	587.12	218.09
	33.49	23.25	43.11	72.10	88.89	33.02
Key metrics
	458.92	382.75	499.70	752.43	948.06	435.56
	17.78%	15.30%	19.90%	28.70%	33.70%	21.90%
	8.57%	6.10%	11.30%	18.20%	20.90%	11.00%
	—	8.10%	13.00%	—	—	—
	6.40%	-0.50%	-4.30%	-6.70%	41.60%	—
	-4.93%	-46.10%	-40.20%	-18.90%	169.20%	—
	—	218.75	-21.52	—	—	—
	—	1.94	0.55	—	—	—
	—	0.03	0.06	—	—	—
	—	71.93	131.59	—	—	—
	—	95.9	93.2	—	—	—
Balance sheet
	—	3,433	3,429	—	—	—
	—	1,509	1,389	—	—	—
	—	15.75	21.26	—	—	—
	—	224.92	239.17	—	—	—
	—	528.66	543.80	—	—	—
	—	33.78	93.03	—	—	—
	—	779.74	694.54	—	—	—
	—	97.00	141.54	—	—	—
	—	359.21	447.15	—	—	—
	—	87.68	152.85	—	—	—
	—	32.94	74.66	—	—	—
	—	54.74	78.19	—	—	—
	—	2,824	2,705	—	—	—
Cash flow
	—	297.75	156.52	—	—	—
	—	-177.69	-82.02	—	—	—
	—	-125.57	-65.65	—	—	—
	—	79.00	178.04	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -3.84%
Sales CAGR 5Y: —
Profit CAGR 3Y: -36.05%
Profit CAGR 5Y: —
Sales YoY (TTM): +6.40%
Profit YoY (TTM): -4.93%

Consolidated

Sales CAGR 3Y: -4.55%
Sales CAGR 5Y: —
Profit CAGR 3Y: -47.67%
Profit CAGR 5Y: —
Sales YoY (TTM): +8.20%
Profit YoY (TTM): -13.51%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 56.94%

Quarter	September 2026	June 2026
Promoter %	56.94%	56.56%

Holder	Type	Holding	Previous	Change
Veer Enterprises Limited	Promoter	16.27%	16.27%	0.00%
Shree Satyanarayan Investments Company Limited	Promoter	15.84%	15.84%	0.00%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	Public	5.24%	5.24%	0.00%
Shree Kumar Bangur	Promoter	4.23%	4.23%	0.00%
Orbit Udyog Pvt Ltd	Promoter	3.65%	3.65%	0.00%
Shashi Bangur	Promoter	3.57%	3.57%	0.00%
Dsp Small Cap Fund	Public	3.48%	3.48%	0.00%
The Indra Company Limited	Promoter	3.36%	3.36%	0.00%
The Diamond Company Limited	Promoter	3.00%	3.00%	0.00%
Saurabh Bangur	Promoter	2.50%	2.50%	0.00%
Sbi Conservative Hybrid Fund	Public	2.06%	—	—
Virendraa Bangur	Promoter	1.70%	1.70%	0.00%
Mukul Mahavir Agrawal	Public	1.44%	1.44%	0.00%
Parag Parikh Elss Tax Saver Fund	Public	1.43%	1.43%	0.00%
Cd Equifinance Private Limited	Public	1.12%	1.12%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
JK Paper Ltd.	6,688	368.85	18.76	7.10%	+12.02% TTM	+16.59% TTM	-4.54%
West Coast Paper Mills Limited	5,479	829.60	23.09	5.90%	+8.20% TTM	-13.51% TTM	+84.11%
Seshasayee Paper & Boards Ltd.	1,361	215.85	11.45	4.50%	+18.52% TTM	+45.83% TTM	-16.32%
ANDHRA PAPER LIMITED S	1,271	63.90	47.22	2.00%	+14.01% TTM	+153.82% TTM	-18.07%
N.R.Agarwal Industries Ltd. S	1,152	676.65	12.18	8.00%	+33.54% TTM	+350.45% TTM	+43.48%
Tamil Nadu Newsprint And Papers Ltd S	968	139.85	3.71	6.80%	+2.88% TTM	+1,119.58% TTM	-8.53%
Pudumjee Paper Products Limited S	832	87.63	8.59	16.60%	+5.99% TTM	+5.76% TTM	-25.83%
Emami Paper Mills Ltd. S	711	117.50	5.40	13.90%	+16.70% TTM	+610.59% TTM	+20.08%
SATIA INDUSTRIES LIMITED S	660	65.99	-84.60	4.00%	-2.75% TTM	-107.88% TTM	-13.26%
Kuantum Papers Limited S	567	65.00	17.43	5.10%	+11.75% TTM	-49.81% TTM	-37.05%
Shree Rama Newsprint Limited S	395	26.75	-5.74	0.90%	-20.68% TTM	+35.34% TTM	-5.54%
PAKKA LIMITED S	336	70.48	15.19	3.90%	+23.23% TTM	-27.40% TTM	-49.85%
Orient Paper & Industries Ltd. S	322	15.17	-4.53	-4.40%	-0.07% TTM	-398.60% TTM	-40.16%
Ruchira Papers Ltd S	303	101.61	9.21	10.60%	-1.26% TTM	-52.67% TTM	-23.17%
Shree Ajit Pulp And Paper Ltd	292	330.00	7.07	14.70%	+28.47% TTM	+179.60% TTM	+24.98%
GENUS PAPER & BOARDS LIMITED S	268	10.42	16.28	6.60%	-1.31% TTM	+24.12% TTM	-35.68%
Star Paper Mills Ltd. S	223	143.00	7.21	4.50%	-2.69% TTM	-22.70% TTM	-12.94%
South India Paper Mills Ltd. S	218	116.45	13.39	10.60%	+13.49% TTM	+1,006.11% TTM	+45.09%
Shreyans Industries Limited. S	173	125.15	-12.33	2.40%	-0.87% TTM	-126.05% TTM	-43.11%
MAGNUM VENTURES LIMITED S	125	18.20	-82.73	2.10%	+12.14% TTM	-134.10% TTM	-26.32%
Shree Krishna Paper Mills & Industr S	98	85.00	4.61	37.80%	+23.59% TTM	+1,008.44% TTM	-1.81%
Ganga Papers India Ltd S	97	90.30	54.40	13.90%	+19.49% TTM	+16.88% TTM	+3.14%
S.V.J.ENTERPRISES LIMITED S	97	174.50	133.21	7.20%	—	—	-49.69%
NATH INDUSTRIES LIMITED S	93	49.11	13.87	5.80%	+17.55% TTM	-48.82% TTM	-33.28%
Malu Paper Mills Limited S	53	31.00	-13.14	60.60%	+38.29% TTM	+77.95% TTM	-19.81%

Filings & corporate actions

Recent announcements

West Coast Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve Un-audited Financial ....21 Oct 2026 · Board Meeting / Board Meeting
Clarification on Price Movement16 Oct 2026 · Company Update / General
The Exchange has sought clarification from West Coast Paper Mills Ltd on October 15, 2026 with reference to significant movement in price, in order to ensure that investors have latest ....15 Oct 2026 · Company Update / Clarification
Special Window for Re-lodgement of Transfer Requests of Physical Shares.15 Oct 2026 · Company Update / Newspaper Publication
Confirmation Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20186 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Closing of Trading window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
We enclose herewith Minutes of proceedings of the 71st Annual General Meeting held on 17.08.202631 Aug 2026 · AGM/EGM / AGM
Special Window for Re-lodgement of Transfer Requests of Physical Shares19 Aug 2026 · Company Update / Newspaper Publication
71st AGM Proceedings, Voting Results and Report of Scrutinizer17 Aug 2026 · Company Update / General
71st AGM Report of Scrutinizer17 Aug 2026 · AGM/EGM / AGM
Outcome of 71st Annual General Meeting17 Aug 2026 · AGM/EGM / AGM
Copy of Newspaper publication of Financial Results for the Quarter ended 30.06.202613 Aug 2026 · Company Update / Newspaper Publication
Copy of Newspaper Publication13 Aug 2026 · Company Update / Newspaper Publication
Press Release on Financial Results for the Quarter ended June 30, 202612 Aug 2026 · Company Update / Press Release / Media Release
Financial Results for Quarter ended June 30,202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Financial Results for the Quarter ended June 30,202612 Aug 2026 · Result / Financial Results
West Coast Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Un-audited Financial ....27 Jul 2026 · Board Meeting / Board Meeting
Copy of Newspaper Publication22 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report 2025-2621 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Copy of Newspaper Publication21 Jul 2026 · Company Update / Newspaper Publication
Notice of 71st AGM and Annual Report 2025-2621 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of 71st AGM and Annual Report 2025-2621 Jul 2026 · AGM/EGM / AGM
Confirmation Certificate under Reg. 74(5) of SEBI(DP) Regulations, 20184 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Closing of Trading Window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Special Window for Re-lodgement of Transfer Requests of Physical Shares20 Jun 2026 · Company Update / Newspaper Publication
71st Annual General Meeting will be held on 17th August, 202617 Jun 2026 · AGM/EGM / AGM
Intimation of Record/Cut Off date and Book closure for AGM and Dividend17 Jun 2026 · Corp. Action / Record Date
71st Annual General Meeting and Dividend update17 Jun 2026 · Company Update / General
Newspaper Publication of Second 100 Days Campaign-Saksham Niveshak30 May 2026 · Company Update / Newspaper Publication
News Paper Publication of Financial Results28 May 2026 · Company Update / Newspaper Publication
Re-appointment of Directors27 May 2026 · Company Update / Change in Directorate
Board Recommended Dividend27 May 2026 · Corp. Action / Dividend
Regulation 23(9) of SEBI (LODR) Regulations 2015-Disclosure of Related Party Transactions27 May 2026 · Company Update / General
Press Release on Financial Results27 May 2026 · Company Update / Press Release / Media Release
Re-appointment of Directors27 May 2026 · Company Update / Change in Directorate
Outcome of Board Meeting27 May 2026 · Board Meeting / Outcome of Board Meeting
Financial Results as on 31.03.202627 May 2026 · Result / Financial Results
India Ratings and Research has affirmed the rating on West Coast Paper Mills Limited.22 May 2026 · Company Update / Credit Rating
Special Window for Re-lodgement of Transfer requests of physical shares19 May 2026 · Company Update / Newspaper Publication
West Coast Paper Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve Audited Financial Results ....18 May 2026 · Board Meeting / Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 3.0000	10 Aug 2026	10 Aug 2026	—
Final Dividend - Rs. - 5.0000	14 Aug 2025	14 Aug 2025	—
Final Dividend - Rs. - 8.0000	6 Aug 2024	—	—

Board meetings

6 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results