West Coast Paper Mills Ltd Stock Analysis

BSE: 500444 | NSE: WSTCSTPAPR | Paper & Paper Products | Small Cap

BSE Share Price 23-Sep-2022 18:01
522.70 -13.30 (-2.48%)

DeciZen - Make an Informed Decision on West Coast Paper

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

West Coast Paper Price Chart

P/E Ratio (SA) :
10.49
Market Cap :
3,452.4 Cr.
52-wk low :
215
52-wk high :
653.2
Bole Toh?

1. Is West Coast Paper Mills Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that West Coast Paper Mills Ltd is a good quality company.

2. Is West Coast Paper Mills Ltd undervalued or overvalued?

The key valuation ratios of West Coast Paper Mills Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is West Coast Paper Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of West Coast Paper Mills Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of West Coast Paper:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
West Coast Paper Mills Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.5%3.5%5.4%6.5%14%22.3%24.2%18%2.6%13.3%-
Value Creation Index -0.6-0.8-0.6-0.500.60.70.3-0.8-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,4551,5621,6481,7001,7691,7101,9791,9821,3681,9852,377
YoY Gr. Rt. %-7.4%5.5%3.1%4.1%-3.3%15.7%0.2%-31%45.1%-
Adj EPS 6.91.25.65.619.533.645.140.2132.649.8
YoY Gr. Rt. %--83.3%380.2%0%249.4%72.6%34.3%-11%-97.5%3192.9%-
BVPS (₹) 90.590.390.577.896.4126.6166.7195.7196.2227.8246.5
Adj Net Profit 45.87.736.836.81292222982656.5215329
Cash Flow from Ops. 26315025798.2434326395544239382-
Debt/CF from Ops. 4.17.13.67.6110.91.42.71-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.5%2.3%0.1%45.1%
Adj EPS 18.8%10.9%-10.3%3192.9%
BVPS 10.818.81116.1
Share Price 23.6% 24.1% 25.2% 113.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.91.36.26.622.23030.722.10.515.421
Op. Profit Mgn % 18.513.414.914.719.121.22624.314.520.423
Net Profit Mgn % 3.20.52.22.27.31315.113.40.510.913.8
Debt to Equity 1.81.81.51.50.70.40.30.60.50.3-
Working Cap Days 139151157132108117114102128930
Cash Conv. Cycle 626363574647546584490

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 21.00%

Sales growth is good in last 4 quarters at 78.14%

Sales growth has been subdued in last 3 years 0.10%

Net Profit has been subdued in last 3 years -10.25%

Latest Financials - West Coast Paper Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 49.8 69.7
TTM Sales (₹ Cr.) 2,377 3,954
BVPS (₹.) 246.5 286.5
Reserves (₹ Cr.) 1,615 1,879
P/BV 2.12 1.84
PE 10.49 7.55
From the Market
52 Week Low / High (₹) 215.00 / 653.20
All Time Low / High (₹) 5.02 / 653.20
Market Cap (₹ Cr.) 3,452
Equity (₹ Cr.) 13.2
Face Value (₹) 2
Industry PE 11.2

Management X-Ray of West Coast Paper :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of West Coast Paper

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About West Coast Paper Mills Ltd

West Coast Paper Mills Limited (WCPM) is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. Established in 1955, the Mill is located at Dandeli in Uttara Kannada district in Karnataka. The global quality paper produced by the company serves the needs of innumerable industries in printing, writing, publishing, stationary, notebooks and packaging sectors in India, in the process contributing to the development of the nation.

The saga of its growth and achievements resulting in the satisfaction of its clients and investors is a testimony to its zealous commitment for creativity and innovation. The state of the art and environment friendly paper manufacturing technologies that have been adopted by it over the years have ensured a sustainable growth of the Company.

The company is committed to stay alert and sensitive to the environmental consequences of its endeavors while persisting on the efforts to better its profits and business interests. It is an environmentally compliant Company that rigorously follows an Eco friendly policy that works towards increasing the green cover of its land and maintaining a sustainable environment for the health and well-being of the current and future generations, particularly of those living in the close vicinity of the Mills.

The company follows Total Quality Management System (TQMS) in order to provide best quality products at optimal price to its customers. The highly coveted awards conferred on it by the reputed agencies, including awards from the National Productivity Council, Government of India, speak for themselves about its constant pursuit of industrial excellence.

The Research and Development wing at the Organization keeps striving tirelessly to bring in innovations in the manufacturing of paper from wood and to improve the production processes. Further, the company’s stringent measures are put in place for pollution control and industrial safety, thereby providing a safe working environment for all employees.

Business area of the company

The company operates in two business segments - Paper / Paperboard (including Duplex Board) at Dandeli and Telecommunication Cables at Mysore, besides having Wind Mills of 1.75 MW capacity in Tamilnadu for power generation.

Products

  • Printing & Writing Paper
  • MG Variety
  • Premium Printing Paper
  • Security & Hi-Value Grade Papers
  • Wesco Bond, an exclusive range crafted especially for the hi-tech business
  • Cup Stock & Coated Duplex Boards
  • Value Added Products
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