BSE:500444

Stock Analysis Report

West Coast Paper Mills

Executive Summary

West Coast Paper Mills Limited produces and sells paper and paper boards in India.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • West Coast Paper Mills is covered by less than 3 analysts.

Share Price & News

How has West Coast Paper Mills's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

8.9%

BSE:500444

2.9%

IN Forestry

-0.7%

IN Market


1 Year Return

-29.5%

BSE:500444

-35.9%

IN Forestry

-12.1%

IN Market

500444 outperformed the Forestry industry which returned -35.9% over the past year.

500444 underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

500444IndustryMarket
7 Day8.9%2.9%-0.7%
30 Day1.6%-3.0%-4.6%
90 Day10.1%-8.1%-4.3%
1 Year-27.9%-29.5%-35.1%-35.9%-10.3%-12.1%
3 Year168.9%156.7%-2.8%-5.3%18.9%12.8%
5 Year325.3%301.6%80.8%73.2%37.6%24.7%

Price Volatility Vs. Market

How volatile is West Coast Paper Mills's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is West Coast Paper Mills undervalued based on future cash flows and its price relative to the stock market?

29%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

West Coast Paper Mills's share price is below the future cash flow value, and at a moderate discount (> 20%).

West Coast Paper Mills's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

West Coast Paper Mills is good value based on earnings compared to the IN Forestry industry average.

West Coast Paper Mills is good value based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for West Coast Paper Mills, we can't assess if its growth is good value.


Price Based on Value of Assets

West Coast Paper Mills is overvalued based on assets compared to the IN Forestry industry average.


Next Steps

Future Growth

How is West Coast Paper Mills expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

13.6%

Forecasted Forestry industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as West Coast Paper Mills has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has West Coast Paper Mills performed over the past 5 years?

62.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

West Coast Paper Mills has delivered over 20% year on year earnings growth in the past 5 years.

West Coast Paper Mills's 1-year earnings growth is less than its 5-year average (24.5% vs 62.6%)

West Coast Paper Mills's earnings growth has not exceeded the IN Forestry industry average in the past year (24.5% vs 43.2%).


Return on Equity

West Coast Paper Mills has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

West Coast Paper Mills used its assets more efficiently than the IN Forestry industry average last year based on Return on Assets.


Return on Capital Employed

West Coast Paper Mills has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is West Coast Paper Mills's financial position?


Financial Position Analysis

West Coast Paper Mills is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

West Coast Paper Mills's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

West Coast Paper Mills's level of debt (32.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (178.1% vs 32.7% today).

Debt is well covered by operating cash flow (108.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 22.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.3x debt.


Next Steps

Dividend

What is West Coast Paper Mills's current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Dividend Yield and Payments Analysis

West Coast Paper Mills's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.63%).

West Coast Paper Mills's dividend is below the markets top 25% of dividend payers in India (2.52%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (9.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of West Coast Paper Mills's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Shree Bangur (70yo)

₹161,529,623

Compensation

Mr. Shree Kumar Bangur serves as the Chairman and Managing Director of West Coast Paper Mills Ltd. Mr. Bangur served as the Managing Director of Jayshree Chemicals Ltd. He serves as the Chairman of Mothola ...


CEO Compensation Analysis

Shree's remuneration is higher than average for companies of similar size in India.

Shree's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.9yrs

Average Tenure

57yo

Average Age

The tenure for the West Coast Paper Mills management team is about average.


Board Age and Tenure

9.3yrs

Average Tenure

65yo

Average Age

The tenure for the West Coast Paper Mills board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹1,863,63628 Jan 19
Saurabh Bangur
EntityIndividual
Role
Vice Chairman
Shares7,000
Max Price₹266.23
Buy₹2,677,31325 Jan 19
Diamond Company Ltd
EntityCompany
Shares10,000
Max Price₹267.73
Buy₹1,465,94423 Jan 19
Saurabh Bangur
EntityIndividual
Role
Vice Chairman
Shares5,000
Max Price₹293.19
Buy₹1,502,31119 Jan 19
Diamond Company Ltd
EntityCompany
Shares5,000
Max Price₹300.46
Buy₹4,412,89016 Jan 19
Diamond Company Ltd
EntityCompany
Shares15,000
Max Price₹299.52
Buy₹2,838,78712 Jan 19
Shree Satyanarayan Investments Co. Ltd.
EntityCompany
Shares10,000
Max Price₹283.88
Buy₹5,920,66811 Jan 19
Shree Satyanarayan Investments Co. Ltd.
EntityCompany
Shares20,000
Max Price₹298.96
Buy₹3,046,86909 Jan 19
Veer Enterprises Ltd.
EntityCompany
Shares10,000
Max Price₹304.69
Buy₹6,147,91005 Jan 19
Shree Satyanarayan Investments Co. Ltd.
EntityCompany
Shares20,000
Max Price₹308.44
Buy₹2,535,08004 Jan 19
Saurabh Bangur
EntityIndividual
Role
Vice Chairman
Shares8,000
Max Price₹316.88
Buy₹3,152,77803 Jan 19
Orbit Udyog (Pvt.) Ltd.
EntityCompany
Shares10,000
Max Price₹315.28
Buy₹6,115,92728 Dec 18
Saumya Trade & Fiscal Services Pvt. Ltd.
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Max Price₹306.26
Buy₹3,097,35927 Dec 18
Veer Enterprises Ltd.
EntityCompany
Shares10,000
Max Price₹309.74
Buy₹3,200,31021 Dec 18
Saurabh Bangur
EntityIndividual
Role
Vice Chairman
Shares10,000
Max Price₹320.03
Buy₹4,758,64720 Dec 18
Orbit Udyog (Pvt.) Ltd.
EntityCompany
Shares15,000
Max Price₹317.24
Buy₹4,670,55219 Dec 18
Veer Enterprises Ltd.
EntityCompany
Shares15,000
Max Price₹311.37
Buy₹6,246,89115 Dec 18
Veer Enterprises Ltd.
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Shares20,000
Max Price₹313.14

Ownership Breakdown


Management Team

  • Shiv Gupta

    Chief Financial Officer - Telecom Cable Division

    • Tenure: 0.6yrs
  • B. Bhuyan

    Senior Vice President of Planning Development & Projects - Paper & Duplex Board Division

    • Tenure: 2.7yrs
  • Virendraa Bangur (44yo)

    Chief Executive Officer of Telecom Cable Division

  • Brajmohan Prasad

    Compliance Officer & Company Secretary

    • Tenure: 3.1yrs
    • Compensation: 1.18m
  • Shree Bangur (70yo)

    Chairman & MD

    • Compensation: 161.53m
  • S. Patil

    Senior Vice President of Human Resource - Paper & Duplex Board Division

  • Anil Tanwani

    Chief Executive Officer of Telecom Cable Division

  • B. Rathi

    President of Technical - Paper & Duplex Board Division

  • P. Maloo

    Senior Vice President of Marketing - Paper & Duplex Board Division

  • Rajendra Jain (57yo)

    CFO & Executive Director

    • Tenure: 3.7yrs
    • Compensation: 19.29m

Board Members

  • Sudarshan Somani (56yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: 120.00k
  • Krishna Karwa (54yo)

    Non-Executive Independent Director

    • Tenure: 9.8yrs
    • Compensation: 60.00k
  • Premal Kapadia (69yo)

    Non-Executive Independent Director

    • Tenure: 27.0yrs
    • Compensation: 75.00k
  • Utpal Bhattacharyya (71yo)

    Non-Executive Independent Director

    • Tenure: 10.3yrs
    • Compensation: 140.00k
  • Mahaveer Prasad Taparia (82yo)

    Non-Executive Independent Director

    • Tenure: 8.8yrs
    • Compensation: 120.00k
  • Amitav Kothari (66yo)

    Non-Executive Independent Director

    • Tenure: 3.5yrs
    • Compensation: 85.00k
  • Shree Bangur (70yo)

    Chairman & MD

    • Compensation: 161.53m
  • Saurabh Bangur (43yo)

    Vice Chairman

    • Compensation: 105.00k
  • Shashi Bangur (64yo)

    Non-Executive Director

    • Tenure: 25.3yrs
    • Compensation: 90.00k
  • Rajendra Jain (57yo)

    CFO & Executive Director

    • Tenure: 4.1yrs
    • Compensation: 19.29m

Company Information

West Coast Paper Mills Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: West Coast Paper Mills Limited
  • Ticker: 500444
  • Exchange: BSE
  • Founded: 1955
  • Industry: paper products
  • Sector: materials
  • Market Cap: ₹15.981b
  • Shares outstanding: 66.05m
  • Website: Click here

Number of Employees


Location

  • West Coast Paper Mills Limited
  • 31, Chowringhee Road
  • Kolkata
  • West Bengal
  • 700016
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500444BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996
WSTCSTPAPRNSEI (National Stock Exchange of India)YesEquity SharesININROct 1996

Biography

West Coast Paper Mills Limited produces and sells paper and paper boards in India. It operates through two segments, Paper/Paperboard and Telecommunication Cables. The company provides printing and writing ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 12:36
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.