West Coast Paper Mills Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹398.55Overvalued by 17.82%vs CMP ₹485.00

P/E (21.3) × ROE (4.2%) × BV (₹546.00) × DY (1.03%)

₹518.57Fairly Valued by 6.92%vs CMP ₹485.00
MoS: +6.5% (Thin)Confidence: 37/100 (Low)Models: 3 Under, 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹341.9327%Over (-29.5%)
Graham NumberEarnings₹515.2519%Fair (+6.2%)
Earnings PowerEarnings₹961.0713%Under (+98.2%)
DCFCash Flow₹221.1416%Over (-54.4%)
EV/EBITDAEnterprise₹1,065.1511%Under (+119.6%)
Earnings YieldEarnings₹216.109%Over (-55.4%)
Revenue MultipleRevenue₹615.456%Under (+26.9%)
Consensus (7 models)₹518.57100%Fairly Valued
Key Drivers: ROE 4.2% is below cost of equity. | Wide model spread (₹216–₹1,065) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -14.2%

*Investments are subject to market risks

Analyst Summary

West Coast Paper Mills Ltd operates in the Paper & Paper Products segment, NSE: WSTCSTPAPR | BSE: 500444, current market price is ₹485.00, market cap is 3,201 Cr.. At a glance, stock P/E is 21.3, ROE is 4.24 %, ROCE is 6.16 %, book value is 546, dividend yield is 1.03 %. The latest intrinsic value estimate is ₹518.57, which is about 6.9% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹4,062 Cr versus the prior period change of -8.7%, while latest net profit is about ₹336 Cr with a prior-period change of -57.3%. The 52-week range shown on this page is 583/375, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisWest Coast Paper Mills Ltd. is a Public Limited Listed company incorporated on 25/03/1955 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN)…

This summary is generated from the stock page data available for West Coast Paper Mills Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

41
West Coast Paper Mills Ltd scores 41/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health41/100 · Moderate
ROCE 6.2% WeakROE 4.2% WeakD/E 0.36 ModerateInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money65/100 · Strong
FII holding stable No changeDII holding up 1.37% MF buyingPromoter holding at 56.6% Stable
Earnings Quality40/100 · Moderate
OPM contracting (26% → 19%) Declining
Quarterly Momentum30/100 · Weak
Revenue (4Q): -2% YoY FlatProfit (4Q): -64% YoY DecliningOPM: 7.0% (down 7.0% YoY) Margin pressure
Industry Rank40/100 · Moderate
P/E 21.3 vs industry 33.3 Cheaper than peersROCE 6.2% vs industry 17.9% Below peersROE 4.2% vs industry 9.3% Below peers3Y sales CAGR: 6% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: June 12, 2026, 4:21 am

Market Cap 3,201 Cr.
Current Price 485
Intrinsic Value₹518.57
High / Low 583/375
Stock P/E21.3
Book Value 546
Dividend Yield1.03 %
ROCE6.16 %
ROE4.24 %
Face Value 2.00
PEG Ratio-1.50

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for West Coast Paper Mills Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
West Coast Paper Mills Ltd 3,201 Cr. 485 583/37521.3 5461.03 %6.16 %4.24 % 2.00
Seshasayee Paper & Boards Ltd (SESHAPAPER) 1,419 Cr. 225 318/21217.2 3240.89 %5.60 %4.10 % 2.00
Pudumjee Paper Products Ltd 754 Cr. 79.4 148/63.18.05 70.50.76 %19.8 %15.0 % 1.00
Kuantum Papers Ltd 639 Cr. 73.2 135/65.015.2 1414.10 %5.19 %3.44 % 1.00
Emami Paper Mills Ltd 487 Cr. 80.5 123/55.07.83 95.11.99 %11.4 %11.4 % 2.00
Industry Average733.27 Cr73.0833.28108.770.81%17.85%9.34%6.50

All Competitor Stocks of West Coast Paper Mills Ltd

Quarterly Result

MetricSep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales 1,2101,2391,3571,1391,1941,0451,0709601,0451,0161,0419551,043
Expenses 843778865744884828900785903933961844975
Operating Profit 367461493395310218170176142838111068
OPM % 30%37%36%35%26%21%16%18%14%8%8%12%7%
Other Income 17241035354159425469454523
Interest 7141076667810131110
Depreciation 47484844464649475353575862
Profit before tax 33142344437929420717416313589568619
Tax % 26%26%28%27%26%23%25%26%26%24%18%30%37%
Net Profit 24631132127821915913012210167466012
EPS in Rs 32.5039.9342.1237.1728.8820.5818.1417.2413.499.726.668.232.65

Last Updated: January 2, 2026, 6:02 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 18, 2026, 11:51 am

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,7101,9792,4932,2453,3784,9214,4484,0624,089
Expenses 1,3481,4681,8751,9832,7403,2743,3533,5693,753
Operating Profit 3625116182616381,6471,095493336
OPM % 21%26%25%12%19%33%25%12%8%
Other Income 182052125458167198157
Interest 422975705937243844
Depreciation 116176198229213189185210240
Profit before tax 222326397-264201,4781,053444209
Tax % -0%9%-2%-83%18%26%25%24%
Net Profit 223296406-43461,087786336148
EPS in Rs 33.7944.8256.08-0.4746.49142.62104.7747.1121.61
Dividend Payout % 12%11%9%-213%13%7%8%11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)32.74%37.16%-100.99%8750.00%214.16%-27.69%-57.25%
Change in YoY Net Profit Growth (%)0.00%4.43%-138.15%8850.99%-8535.84%-241.85%-29.56%

West Coast Paper Mills Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2018-2019 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:10%
3 Years:6%
TTM:-5%
Compounded Profit Growth
10 Years:%
5 Years:-3%
3 Years:1%
TTM:-55%
Stock Price CAGR
10 Years:25%
5 Years:22%
3 Years:-6%
1 Year:-15%
Return on Equity
10 Years:%
5 Years:20%
3 Years:23%
Last Year:9%

Last Updated: September 4, 2025, 9:25 pm

No data available for the Balance Sheet data table.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 3263946493385911,23876499400
Cash from Investing Activity + -139-382-858-166-289-894-714-172-188
Cash from Financing Activity + -194-12218-167-295-334-6172-206
Net Cash Flow -6-195710-11-07
Free Cash Flow 1802255362655281,077240-35019
CFO/OP 104%89%113%129%108%95%93%38%108%

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 2530213326252131
Inventory Days 1371591671288588117130
Days Payable 8167636459545650
Cash Conversion Cycle 8212312498525881112
Working Capital Days 241818711132450
ROCE %27%24%2%20%53%29%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters 56.53%56.53%56.53%56.53%56.53%56.53%56.53%56.55%56.55%56.55%56.55%56.58%
FIIs 7.38%7.80%7.98%8.19%7.40%6.17%5.30%4.20%3.77%3.31%3.26%3.24%
DIIs 7.18%6.77%6.62%7.13%7.19%8.19%9.35%9.82%11.74%12.61%12.65%13.11%
Public 28.92%28.90%28.88%28.15%28.87%29.12%28.82%29.43%27.95%27.55%27.54%27.06%
No. of Shareholders 52,02957,70657,19360,84053,67355,84855,05854,37552,31250,83949,34547,196

Shareholding Pattern Chart

No. of Shareholders

West Coast Paper Mills Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund 3,359,187 0.2 134.693,348,3102025-12-08 00:28:090.32%
DSP Small Cap Fund 2,300,000 0.57 92.22N/AN/AN/A
HDFC Manufacturing Fund 838,066 0.33 33.6829,3632026-02-23 00:27:301.05%
Tata Resources & Energy Fund 459,794 1.52 18.44342,4842025-12-15 02:29:4934.25%
ICICI Prudential Multi Asset Fund 308,534 0.02 12.37221,9622026-02-22 02:17:3539%
HDFC Dividend Yield Fund 200,000 0.14 8.02N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 47.11104.77142.6246.49-0.47
Diluted EPS (Rs.) 47.11104.77142.6246.49-0.47
Cash EPS (Rs.) 82.59147.04193.2684.5434.06
Book Value[Excl.RevalReserv]/Share (Rs.) 528.61490.80463.99308.11258.09
Book Value[Incl.RevalReserv]/Share (Rs.) 528.61490.80463.99308.11258.09
Revenue From Operations / Share (Rs.) 615.04673.39745.02511.39339.83
PBDIT / Share (Rs.) 104.71191.11260.38104.7141.98
PBIT / Share (Rs.) 72.93163.09231.6972.547.26
PBT / Share (Rs.) 67.15159.47223.7563.65-3.96
Net Profit / Share (Rs.) 50.82119.02164.5852.37-0.66
NP After MI And SOA / Share (Rs.) 47.11104.77142.6246.49-0.46
PBDIT Margin (%) 17.0228.3834.9420.4712.35
PBIT Margin (%) 11.8524.2131.0914.182.13
PBT Margin (%) 10.9123.6830.0312.44-1.16
Net Profit Margin (%) 8.2617.6722.0910.24-0.19
NP After MI And SOA Margin (%) 7.6515.5519.149.09-0.13
Return on Networth / Equity (%) 8.9121.3436.5018.20-0.22
Return on Capital Employeed (%) 10.4325.2945.0018.752.01
Return On Assets (%) 5.6413.5222.519.18-0.09
Long Term Debt / Equity (X) 0.060.040.020.130.29
Total Debt / Equity (X) 0.120.070.070.260.36
Asset Turnover Ratio (%) 0.760.950.930.720.49
Current Ratio (X) 3.002.932.651.631.33
Quick Ratio (X) 2.032.142.021.130.78
Inventory Turnover Ratio (X) 5.237.583.463.001.75
Dividend Payout Ratio (NP) (%) 16.989.544.202.150.00
Dividend Payout Ratio (CP) (%) 10.147.533.501.270.00
Earning Retention Ratio (%) 83.0290.4695.8097.850.00
Cash Earning Retention Ratio (%) 89.8692.4796.5098.730.00
Interest Coverage Ratio (X) 18.1152.8246.3911.783.96
Interest Coverage Ratio (Post Tax) (X) 9.7933.8930.746.890.99
Enterprise Value (Cr.) 3679.434691.174111.052941.592324.01
EV / Net Operating Revenue (X) 0.901.050.830.871.04
EV / EBITDA (X) 5.323.722.394.258.38
MarketCap / Net Operating Revenue (X) 0.660.880.710.650.70
Retention Ratios (%) 83.0190.4595.7997.840.00
Price / BV (X) 0.771.211.361.311.14
Price / Net Operating Revenue (X) 0.660.880.710.650.70
EarningsYield 0.110.170.260.130.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

West Coast Paper Mills Ltd. is a Public Limited Listed company incorporated on 25/03/1955 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L02101KA1955PLC001936 and registration number is 001936. Currently Company is involved in the business activities of Manufacture of pulp, paper and paperboard, Manufacture of fibre optic cables for data transmission or live transmission of images. Company's Total Operating Revenue is Rs. 2498.49 Cr. and Equity Capital is Rs. 13.21 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Paper & Paper ProductsBangur Nagar, Uttar Kannada Dist. Karnataka 581325Contact not found
Management
NamePosition Held
Mr. S K BangurChairman & Managing Director
Mr. Saurabh BangurVice Chairman
Mr. Virendraa BangurJoint Managing Director
Mr. Rajendra JainExecutive Director
Mrs. Shashi BangurDirector
Mr. Ashok Kumar GargDirector
Mr. Vinod Balmukand AgarwalDirector
Mrs. Sudha BhushanDirector
Mr. Shiv Ratan GoenkaDirector
Mr. Prakash KacholiaDirector
FAQ: Stock data is invalid or not in the correct format.
Last Updated: June 12, 2026, 4:21 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500444 | NSE: WSTCSTPAPR
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in West Coast Paper Mills Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE