West Coast Paper Mills Ltd

West Coast Paper Mills Ltd share price ticked higher by 1.70% to Rs 595.65 after the company's net profit jumped 162.76% to Rs 141.84 crore, while revenue from operations declined 15.58% to Rs 1051.26 crore in Q2FY26 over Q1FY26. The market capitalization of Paper & Paper Products industry group stocks on BSE stood at Rs 21550.07 crore, slipping 6.50%. It has inched up 0.74% over last one week and moved up slightly by 7.90% in last one month while the market capitalization of West Coast Paper Mills Ltd has improved by 0.95% and 26.87% in the same period respectively. Profit before tax (PBT) of West Coast Paper Mills Ltd stood at Rs 181.25 crore in Q2 FY26, jumping 109.93% year-on-year, and rallying 113.74% quarter-on-quarter. EBITDA came in at Rs 159 crore, surging by 141.10% YoY and rising 2.85% sequentially. Total expenses plunged by 21.36% to Rs 907.0 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 680.32 crore, softening by 3.52% YoY, while employee benefits expense was at Rs 103.89 crore, seeing a marginal contraction of 4.02% YoY. For the TTM ended FY26, revenue from operations inched higher 5.33% to Rs 4278.79 crore, while net profit tumbled by 53.60% to Rs 155.73 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 30948% to Rs 298.52 crore, and PBT collapsed by 46.50% to Rs 237.31 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 400.35 crore in FY26, as against Rs 99.22 crore in FY25. West Coast Paper Mills Ltd rallied 20.33% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.

West Coast Paper Mills will hold a meeting of the Board of Directors of the Company on 12 August 2026.

West Coast Paper Mills announced that the 71th Annual General Meeting(AGM) of the company will be held on 17 August 2026.

West Coast Paper Mills has fixed 10 August 2026 as record date for purpose of dividend. The dividend, if approved, shall be paid on or after 21 August 2026.

West Coast Paper Mills announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

Net profit of West Coast Paper Mills rose 17.87% to Rs 51.85 crore in the quarter ended March 2026 as against Rs 43.99 crore during the previous quarter ended March 2025. Sales rose 19.59% to Rs 1245.30 crore in the quarter ended March 2026 as against Rs 1041.29 crore during the previous quarter ended March 2025. For the full year,net profit declined 51.60% to Rs 150.60 crore in the year ended March 2026 as against Rs 311.15 crore during the previous year ended March 2025. Sales rose 5.33% to Rs 4278.79 crore in the year ended March 2026 as against Rs 4062.29 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1245.301041.29 20 4278.794062.29 5 OPM %12.637.75 -9.6511.86 - PBDT150.14112.69 33 485.62653.40 -26 PBT84.8056.06 51 237.31443.53 -46 NP51.8543.99 18 150.60311.15 -52 Powered by Capital Market - Live

West Coast Paper Mills will hold a meeting of the Board of Directors of the Company on 27 May 2026.

Net profit of West Coast Paper Mills declined 58.16% to Rs 26.86 crore in the quarter ended December 2025 as against Rs 64.20 crore during the previous quarter ended December 2024. Sales rose 3.34% to Rs 1049.78 crore in the quarter ended December 2025 as against Rs 1015.85 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1049.781015.85 3 OPM %7.318.13 - PBDT110.65142.02 -22 PBT47.3088.89 -47 NP26.8664.20 -58 Powered by Capital Market - Live

West Coast Paper Mills will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

The agency has also affirmed the company's short-term rating at '[ICRA] A1+'. ICRA stated that the ratings reaffirmation of West Coast Paper Mills (WCPL) considers expectation that the company's satisfactory credit profile would continue in FY2026, supported by its robust capacity utilisation level and strong liquidity position. The ratings also factor in the established market position of WCPL and its subsidiary, Andhra Paper (APL), in the domestic writing and printing paper (WPP) industry, WCPL's capabilities in manufacturing a variety of wood-free paper, cupstocks, special grade papers, among others. Besides, its integrated nature of operations with adequate in-house capacity to manufacture virgin pulp, along with their captive power plants provide comfort. The ratings also consider the comfortable financial profile of WCPL, marked by low dependence on debt and large cash and liquid investments, translating into continued cash surplus position for the company. In H1 FY2026, the top line remained flat compared to H1 FY2025, with the OPM further moderating to 8.9% from 15.8% in H1 FY2025 due to increased raw material costs, especially wood, and continued pressure on net sales realisation owing to influx of cheaper imports. Further, APL witnessed operational challenges like labour strike and undertook annual maintenance shutdown in Q2 FY2026, which significantly impacted its operating margins during the said quarter. Notwithstanding this, WCPL maintained its cash surplus position in FY2025 and H1 FY2026 with cash reserves (net of debt) at over Rs 1,300 crore as of September 2025. Going forward, a stable demand environment and integrated nature of operations would aid WCPL in sustaining its overall financial profile, though the movement in net sales realisation would be monitored. The ratings, however, remain constrained by the vulnerability of revenues and profit margins to net sales realisation of paper, which has been volatile recently, along with the susceptibility of profit margins to raw material and fuel prices. Also, with imports accounting for a large portion of domestic demand, local prices are largely determined by global trends in paper prices. While the long-term demand remains favourable because of lower per-capita domestic paper consumption (compared to global standards), rising digitisation remains a key headwind for the sector. The ratings also consider the risks related to raw materials in the paper manufacturing business because of the environmental regulations on availability and industrial usages of wood and water, which are two critical inputs in the manufacturing process. West Coast Paper Mills (WCPL) is the flagship entity of the S K Bangur Group, based out of Kolkata. WCPL produces writing and printing papers, cupstocks etc. from its 3.2 lakh metrictonne per annum (MTPA) paper manufacturing plant located in Dandeli, Karnataka. WCPL acquired a 72% stake in International Paper APPM in FY2020 and subsequently changed the name of the company to Andhra Paper Mills. The scrip shed 0.43% to currently trade at Rs 414.85 on the BSE. Powered by Capital Market - Live