West Coast Paper Mills Reports Strong Q4 Performance

West Coast Paper Mills Limited (BSE: 500444, NSE: WSTCSTPAPR), has reported its audited financial results for the quarter ended 31st Mar 2026.

The Board of Directors has recommended dividend of ₹. 3 /- per share (150%) on Equity Share of ₹. 2 each for the year ended March 31, 2026.

Full-Year Financial Performance (FY26 vs. FY25)

On a full-year consolidated basis, West Coast Paper Mills achieved a 5% expansion in top-line revenue, climbing to ₹4278.79 crores compared to ₹4062.29 crores in FY25. However, profitability felt the squeeze of broader macroeconomic pressures over the 12-month period. Consolidated EBIDTA dropped 24% to ₹527.32 crores from ₹691.58 crores the previous year, while Profit After Tax (PAT) experienced a 54% decline to ₹155.73 crores down from ₹335.64 crores. This compressed the consolidated PAT margin from 8% to 4% (a reduction of 400 basis points), pulling Earnings Per Share (EPS) down 52% to ₹22.80.

On a standalone full-year basis, revenue remained relatively flat with a minor 1% dip, landing at ₹2498.49 crores against ₹2511.35 crores in FY25. Standalone EBIDTA fell by 23% to ₹382.76 crores, and standalone PAT dropped 46% to ₹153.53 crores. The standalone PAT margin contracted by 500 basis points to finish at 6%, leading to a standalone EPS of ₹23.25.

Fourth Quarter Turnaround (Q4FY26 vs. Q3FY25)

While the full-year figures reflect severe margin pressures faced earlier in the year, the quarter-over-quarter (Q-o-Q) data highlights a sharp operational rebound during the final three months of the fiscal year.

Consolidated Q4 Results

Consolidated revenue surged by 20% to reach ₹1245.30 crores, up from ₹1035.82 crores in the preceding quarter. Operational profitability saw a major lift, with consolidated EBIDTA climbing 32% to ₹160.34 crores. The real standout was consolidated PAT, which jumped an impressive 82% to ₹53.98 crores compared to ₹29.58 crores in Q3. This expansion pushed consolidated PAT margins up by 100 basis points to 4%, while quarterly EPS skyrocketed 93% to ₹7.85.

Standalone Q4 Results

The company's standalone performance in Q4 mirrored this aggressive upward momentum. Standalone revenue matched the consolidated growth rate, rising 20% to ₹707.33 crores from ₹590.77 crores in Q3. Fueled by regional efficiencies, standalone EBIDTA spiked 61% to reach ₹117.83 crores. Net profit saw the most dramatic recovery, with standalone PAT soaring by 163% to ₹48.86 crores against ₹18.61 crores in the previous quarter. This sequence boosted the standalone PAT margin by 400 basis points to 7%, elevating standalone quarterly EPS by 162% to close at ₹7.40.

Commenting on the results Mr. S.K. Bangur, Chairman & Managing Director, West Coast Paper Mills Limited said: Higher volumes with a better product mix and operational efficiency contributed to improved performance during the current quarter compared to the previous quarter. In the Cable division, the backward integrated draw tower has now stabilised and is expected to provide strong operational support to the Optical Fiber Plant. Further, the Company remains committed to strengthening raw material security and sustainable operations and remains resilient in achieving its growth objectives.

Shares of West Coast Paper Mills Limited was last trading in BSE at Rs. 519.70 as compared to the previous close of Rs. 505.95. The total number of shares traded during the day was 25001 in over 614 trades.

The stock hit an intraday high of Rs. 528.05 and intraday low of 487.90. The net turnover during the day was Rs. 12814811.00.

Source : Equity Bulls

Keywords

WestCoastPaperMills INE976A01021 Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate