West Coast Paper (WSTCSTPAPR) | Financial Analysis & Statements
West Coast Paper Mills Ltd. Small-cap Basic Materials
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
9.5B
Gross Profit
3.8B
40.33%
Operating Income
526.4M
5.51%
Net Income
602.6M
6.31%
EPS (Diluted)
₹8.24
Balance Sheet Metrics
Total Assets
55.1B
Total Liabilities
14.4B
Shareholders Equity
40.7B
Debt to Equity
0.35
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Jun 30, 2025
Annual Income Flow
2025
West Coast Paper Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 40.3B | 44.2B | 48.9B | 33.5B | 22.3B |
| Cost of Goods Sold | 25.9B | 22.9B | 21.8B | 18.1B | 12.6B |
| Gross Profit | 14.5B | 21.3B | 27.2B | 15.4B | 9.7B |
| Gross Margin % | 35.9% | 48.2% | 55.5% | 46.0% | 43.4% |
| Operating Expenses | |||||
| Research & Development | 17.2M | 11.7M | 7.5M | 6.2M | 12.3M |
| Selling, General & Administrative | 427.9M | 494.5M | 479.9M | 641.5M | 396.7M |
| Other Operating Expenses | 5.2B | 5.9B | 6.3B | 4.9B | 3.6B |
| Total Operating Expenses | 5.6B | 6.4B | 6.8B | 5.6B | 4.0B |
| Operating Income | 2.9B | 9.2B | 14.6B | 4.3B | 372.9M |
| Operating Margin % | 7.2% | 20.7% | 29.9% | 12.8% | 1.7% |
| Non-Operating Items | |||||
| Interest Income | 411.0M | 668.7M | 455.5M | 258.4M | 184.9M |
| Interest Expense | 323.8M | 215.3M | 339.2M | 561.6M | 642.6M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 4.4B | 10.5B | 14.8B | 4.2B | -261.7M |
| Income Tax | 1.1B | 2.7B | 3.9B | 745.2M | -217.9M |
| Effective Tax Rate % | 24.3% | 25.4% | 26.4% | 17.7% | 0.0% |
| Net Income | 3.4B | 7.9B | 10.9B | 3.5B | -43.8M |
| Net Margin % | 8.3% | 17.8% | 22.2% | 10.3% | -0.2% |
| Key Metrics | |||||
| EBITDA | 6.0B | 11.9B | 17.1B | 6.9B | 2.8B |
| EPS (Basic) | ₹47.11 | ₹104.77 | ₹142.62 | ₹46.49 | ₹-0.47 |
| EPS (Diluted) | ₹47.11 | ₹104.77 | ₹142.62 | ₹46.49 | ₹-0.47 |
| Basic Shares Outstanding | 66048908 | 66048908 | 66048908 | 66048908 | 66048908 |
| Diluted Shares Outstanding | 66048908 | 66048908 | 66048908 | 66048908 | 66048908 |
Income Statement Trend
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West Coast Paper Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 252.9M | 254.7M | 360.9M | 261.6M | 210.0M |
| Short-term Investments | 12.0B | 13.8B | 10.7B | 3.6B | 1.8B |
| Accounts Receivable | 3.5B | 2.6B | 3.3B | 2.4B | 2.0B |
| Inventory | 8.7B | 6.8B | 4.9B | 4.0B | 4.1B |
| Other Current Assets | 44.4M | 20.4M | 41.2M | 75.1M | 55.5M |
| Total Current Assets | 26.9B | 25.2B | 20.7B | 12.9B | 10.0B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 163.4M | 145.7M | 107.8M | 257.0M | 239.0M |
| Goodwill | 4.6B | 4.7B | 4.7B | 4.8B | 4.9B |
| Intangible Assets | 920.6M | 982.2M | 1.0B | 1.1B | 1.2B |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 919.6M | -1.0K | 824.3M | -1.0K | 11.0K |
| Total Non-Current Assets | 28.2B | 26.0B | 21.1B | 20.6B | 21.3B |
| Total Assets | 55.1B | 51.2B | 41.8B | 33.4B | 31.4B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 3.3B | 3.3B | 3.0B | 2.8B | 2.0B |
| Short-term Debt | 2.2B | 1.2B | 1.4B | 2.2B | 2.6B |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 686.1M | 978.7M | 819.2M | 761.6M | 939.8M |
| Total Current Liabilities | 9.0B | 8.6B | 7.8B | 7.9B | 7.6B |
| Non-Current Liabilities | |||||
| Long-term Debt | 2.3B | 1.6B | 931.7M | 2.6B | 4.1B |
| Deferred Tax Liabilities | 1.3B | 1.4B | 997.1M | 1.1B | 1.2B |
| Other Non-Current Liabilities | 1.0K | 1.0K | 1.0K | 797.5M | 1.0K |
| Total Non-Current Liabilities | 5.4B | 4.5B | 3.4B | 5.2B | 6.8B |
| Total Liabilities | 14.4B | 13.1B | 11.2B | 13.1B | 14.3B |
| Equity | |||||
| Common Stock | 132.1M | 132.1M | 132.1M | 132.1M | 132.1M |
| Retained Earnings | 28.9B | 26.3B | 20.1B | 11.0B | 8.0B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 40.7B | 38.1B | 30.6B | 20.4B | 17.0B |
| Key Metrics | |||||
| Total Debt | 4.6B | 2.8B | 2.3B | 4.8B | 6.8B |
| Working Capital | 17.9B | 16.6B | 12.9B | 5.0B | 2.5B |
Balance Sheet Composition
West Coast Paper Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 4.4B | 10.5B | 14.8B | 4.2B | -261.7M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | -3.3B | -1.0B | -1.2B | -498.4M | 829.3M |
| Operating Cash Flow | 1.0B | 9.0B | 13.5B | 4.3B | 1.2B |
| Investing Activities | |||||
| Capital Expenditures | -4.5B | -5.2B | -1.6B | -621.6M | -721.3M |
| Acquisitions | -30.6M | -12.7M | -4.8M | 0 | - |
| Investment Purchases | -23.7B | -30.5B | -41.4B | -12.4B | -5.6B |
| Investment Sales | 25.8B | 27.9B | 33.6B | 9.6B | 3.7B |
| Investing Cash Flow | -2.3B | -7.7B | -9.4B | -3.1B | -1.8B |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -638.0M | -798.1M | -479.1M | -121.3M | - |
| Debt Issuance | 2.3B | 762.0M | 0 | 1.0B | 750.0M |
| Debt Repayment | -745.4M | - | -2.2B | -3.2B | -1.9B |
| Financing Cash Flow | 1.1B | -318.0M | -2.9B | -2.2B | -928.7M |
| Free Cash Flow | -3.5B | 2.4B | 10.7B | 5.3B | 2.6B |
| Net Change in Cash | -157.9M | 980.7M | 1.2B | -1.1B | -1.5B |
Cash Flow Trend
West Coast Paper Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
22.37
Price to Book
0.90
Price to Sales
0.78
PEG Ratio
-0.38
Profitability Ratios
Profit Margin
3.48%
Operating Margin
1.27%
Return on Equity
7.64%
Return on Assets
5.64%
Financial Health
Current Ratio
2.84
Debt to Equity
11.26
Beta
-0.18
Per Share Data
EPS (TTM)
₹21.59
Book Value per Share
₹536.19
Revenue per Share
₹620.12
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| WSTCSTPAPR | 31.9B | 22.37 | 0.90 | 7.64% | 3.48% | 11.26 |
| Aditya Birla Real | 156.3B | 163.88 | 4.13 | -4.15% | -33.07% | 144.58 |
| Jk Paper | 69.2B | 27.17 | 1.18 | 7.25% | 3.82% | 37.24 |
| Soma Papers | 28.4B | 137.31 | 1.58 | -502.55% | 0.00% | 0.00 |
| Seshasayee Paper | 16.8B | 19.85 | 0.82 | 5.49% | 5.15% | 3.81 |
| Ballarpur Industries | 14.9B | -22.22 | 3.65 | -14.46% | 70.22% | 1.88 |
Financial data is updated regularly. All figures are in the company's reporting currency.


