SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms BBB+’ rating to West Coast Paper Mills’ long term bank facilities

26 Nov 2013 Evaluate

Credit rating agency, CARE has reaffirmed ‘BBB+’ rating to West Coast Paper Mills’ long term bank facilities worth Rs 657.23 crore which reduced from Rs.697.66 crore. The rating agency has also revised A3+ rating of the company’s short-term bank facilities worth Rs 235.00 crore which enhanced from Rs 85.00 crore to ‘A3+’.

The revision in the short-term rating of the bank facilities of WCPM factors in the weak debt coverage indicators and moderate liquidity profile due to high repayment obligations in the medium term and relatively high exposure towards the group company, Shree Rama News Prints Limited (SRNP), which continues to post losses. The ratings continue to factor in the company’s high financial leverage and cyclicality of the paper industry.

West Coast Paper Mills is one of the oldest and largest producers of paper for printing, writing, and packaging in India. The paper mill is located at Dandeli in Karnataka near the banks of River Kali. The variety of quality paper that we produce serve the needs of numerous industries that include food packaging, printing and publishing, garments, stationary, and notebooks to name just a few.

West Coast Paper Share Price

492.00 -10.85 (-2.16%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
JK Paper 375.20
TN Newsprints 140.05
West Coast Paper 492.00
Emami Paper Mills 75.24
Seshasayee Paper 270.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×