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West Coast Paper Mills Ltd share Price Today

Company details

638.15
644.85
465.30
815.00
6M Return -6.05%
1Y Return 17.56%
Mkt Cap.(Cr) 4,254.22
Volume 2,279
Div Yield 1.56%
OI
-
OI Chg %
-
Volume 2,279

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West Coast Paper Mills announced Q3FY24 results:

Consolidated Q3FY24:

  • Revenue: The company reported a revenue of Rs 1,045.13 crore in Q3FY24, which marks a decrease from the previous quarter's revenue of Rs 1,193.84 crore, translating to a QoQ change of -12%.
  • EBIDTA: Earnings before interest, tax, depreciation, and amortization (EBIDTA) stood at Rs 258.97 crore in Q3FY24, a substantial drop from Rs 345.55 crore in Q2FY24. This represents a QoQ decrease of -25%.
  • PAT (Profit After Tax): The Profit After Tax for Q3FY24 was reported as Rs 158.76 crore. This is down from Q2FY24, which was Rs 218.54 crore, showing a -27% change.
  • PAT Margin: The PAT margin for the quarter was 15%, indicating a decrease of 300 basis points from the 18% margin achieved in Q2FY24.
  • EPS (Earnings Per Share): The EPS for Q3FY24 was Rs 20.58, a noticeable drop from Rs 28.88 in Q2FY24, indicating a -29% change.

Standalone Q3FY24:

  • Revenue: The standalone revenue for Q3FY24 was Rs 564.73 crore, experiencing a -20% change from the previous quarter's revenue of Rs 706.36 crore.
  • EBIDTA: Earnings for Q3FY24 on a standalone basis came to Rs 124.55 crore, a sharp decline of -45% from Q2FY24, which had an EBIDTA of Rs 227.92 crore.
  • PAT: The standalone Profit After Tax decreased to Rs 77.64 crore in Q3FY24 from Rs 155.61 crore in the prior quarter, reflecting a change of -50%.
  • PAT Margin: The PAT margin on a standalone basis was 14%, showing a significant decrease of 800 basis points from the previous quarter's 22%.
  • EPS: Earnings Per Share was at Rs 11.76 for the quarter, down by -50% from Q2FY24's EPS of Rs 23.56.

Commenting on the results S.K. Bangur, Chairman & Managing Director, West Coast Paper Mills, said: “During the Current Quarter, in the first week of November, there was a major breakdown in one of the TG sets at the company’s paper division at Dandeli, Karnataka. Accordingly, the working of the Company was adversely impacted. The TG Set got restarted in the last week of December and now working normally.”

Result PDF

View Other Company Results

West Coast Paper Mills Ltd shares SWOT Analysis

Strengths (12)

  • Rising Net Cash Flow and Cash from Operating activity
  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (3)

  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining profits every quarter for the past 3 quarters
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (2)

  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 647.6
R2 652.3
R3 656.5
Pivot

643.37

S1 638.7
S2 634.5
S3 629.8
EMA SMA
639.5
639.9
648.4
639.5
645.3
627.2
660.8
666.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-09-06 716.21 359531 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-09-06 716.56 359531 NSE
NAVODYA ENTERPRISES Bulk Purchase 2022-08-01 475.16 500000 NSE
Name Category Shares
Shree Kumar Bangur PROMOTER 4.23%
Shashi Bangur PROMOTER 3.55%
Saurabh Bangur PROMOTER 2.5%
Virendraa Bangur PROMOTER 1.7%
Veer Enterprises Limited PROMOTER 16.25%
Shree Satyanarayan Investments Company Limited PROMOTER 15.84%
Orbit Udyog Pvt Ltd PROMOTER 3.65%
The Indra Company Limited PROMOTER 3.36%
The Diamond Company Limited PROMOTER 3%
Gold Mohore Investment Co Ltd PROMOTER 0.98%
Kilkotagiri and Thirumbadi Plantations Ltd PROMOTER 0.76%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

West Coast Paper Mills Ltd Stocks COMPARISON

Financials( in Cr) West Coast Paper Mills Ltd Century Textiles & Industries Ltd JK Paper Ltd Seshasayee Paper & Boards Ltd Andhra Paper Ltd
Price 644.10 2,143.05 383.35 336.95 517.60
% Change 0.17 0.33 1.09 0.01 -0.77
Mcap Cr 4,254.22 23,937.01 6,494.03 2,125.08 2,058.50
Revenue TTM Cr 4,920.76 4,799.65 6,772.17 1,801.83 2,097.66
Net Profit TTM Cr 1,087.01 264.55 1,208.22 270.77 522.46
PE TTM 4.92 80.82 5.72 7.86 6.12
1 Year Return 17.56 167.40 11.52 24.08 12.49
ROCE 57.54 5.82 28.07 19.70 50.66
ROE 50.95 4.65 34.37 15.27 39.04
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,577.97 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94
West Coast Paper Mills to discuss results

May 20, 2024 l BSE Announcement

West Coast Paper Mills Limited - Board Meeting

May 18, 2024 l NSE Announcement

Date Action Type Ratio
Aug 09, 2023 Dividend 500
Aug 08, 2022 Dividend 300

West Coast Paper Mills Ltd Information

Stock PE (TTM)
4.92
Promoter Holding
56.53%
Book Value
448.4164
ROCE
57.54%
ROE
50.95%
Description
  • West Coast Paper Mills Ltd is in the Paper sector is having a market capitalization worth Rs. 1,513.18 crores, it is incorporated in the year 1955. It has reported consolidated sales of Rs. 537.60 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500444, and also listed on the National Stock Exchange (NSE) with the code WSTCSTPAPR.

    West Coast Paper Mills Ltd (WCPM) is one of the oldest and largest producers of printing, writing, and packaging paper in India. The mill of WCPM is located in Dandeli, Karnataka. WCPM caters to the needs of several industries like the printing, publishing, stationery, and packaging industry. The operations of WCPM are mainly divided into two divisions, namely, (i) Paper and Paperboard division and (ii) Cable division. The company has a total of 2,378 employees on its payroll. The company has two subsidiaries, namely, (i) Andhra Paper Ltd and (ii) West Coast Opticable Ltd. The promoters of the company own 56.35% of the stake in the company, Foreign Institutional Investors (FII) own 1.97% of any stake in the company, Domestic Institutional Investors (DII) own 8.38%, and others (such as public & retail investors) hold the balance of 33.30%.

    In June 2021, quarterly net revenue was Rs. 268.63 crores, which has increased by approximately 48.42 % from Rs. 180.99 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 12.42 crores, which has risen sharply and increased by nearly 161.73% from a net loss of Rs. 20.12 crores in June 2020. In June 2021, the reported operating profit was at Rs. 244.08 crores, which has also increased by 48.81% as compared to an operating profit of Rs. 164.02 crores for the quarter ending in June 2020. From a negative EPS of Rs. 3.05 in June 2020, the EPS of West Coast Paper Mills Ltd has improved and reached a positive EPS of Rs. 1.88 per share in June 2021. WSTCSTPAPR's stock closed at Rs. 229.10 on 27th August’2021 (NSE). West Coast Paper Mills Ltd has returned an 8.4 % in the last six months and returned 15.39 % positively in the previous year.

Registered Address

Bangur Nagar P B No 5, Uttar Kannada District, Dandeli, Karnataka, 581325

Tel : 91-8284-231391-395
Email : co.sec:westcoastpaper.com
Website : http://www.westcoastpaper.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 500444
NSE Code : WSTCSTPAPR
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE976A01021

FAQ’s on West Coast Paper Mills Ltd Shares

You can buy West Coast Paper Mills Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy West Coast Paper Mills Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 09:24 AM the closing price of West Coast Paper Mills Ltd was Rs.644.10.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 09:24 AM, the market cap of West Coast Paper Mills Ltd stood at Rs. 4,254.22.

The latest PE ratio of West Coast Paper Mills Ltd as of May 24, 2024 09:24 AM is 4.92

The latest PB ratio of West Coast Paper Mills Ltd as of May 24, 2024 09:24 AM is 0.70

The 52-week high of West Coast Paper Mills Ltd share price is Rs. 815.00 while the 52-week low is Rs. 465.30

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