Financials West Coast Paper Mills Limited

Equities

WSTCSTPAPR

INE976A01021

Paper Products

Market Closed - Bombay S.E. 06:00:49 2024-04-26 am EDT 5-day change 1st Jan Change
632.6 INR +0.89% Intraday chart for West Coast Paper Mills Limited +4.65% -13.30%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 15,812 17,744 8,517 15,862 22,070 34,999
Enterprise Value (EV) 1 18,889 19,067 14,269 20,640 22,987 26,263
P/E ratio 7.09 x 5.99 x 2.3 x -511 x 7.19 x 3.72 x
Yield 1.67% 1.86% 3.88% 0.42% 1.8% 1.89%
Capitalization / Revenue 0.92 x 0.9 x 0.34 x 0.71 x 0.65 x 0.71 x
EV / Revenue 1.1 x 0.96 x 0.57 x 0.92 x 0.68 x 0.53 x
EV / EBITDA 5.21 x 3.67 x 2.32 x 8.11 x 3.66 x 1.6 x
EV / FCF 16.7 x 16.2 x 5.32 x 11.9 x 6.33 x 2.85 x
FCF Yield 5.98% 6.16% 18.8% 8.43% 15.8% 35.1%
Price to Book 1.88 x 1.61 x 0.61 x 1.14 x 1.31 x 1.36 x
Nbr of stocks (in thousands) 66,049 66,049 66,049 66,049 66,049 66,049
Reference price 2 239.4 268.6 129.0 240.2 334.2 529.9
Announcement Date 5/21/18 7/12/19 9/5/20 8/31/21 7/22/22 7/21/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 17,102 19,793 24,929 22,445 33,777 49,208
EBITDA 1 3,626 5,196 6,151 2,547 6,281 16,400
EBIT 1 2,472 3,451 4,206 320.9 4,250 14,572
Operating Margin 14.46% 17.43% 16.87% 1.43% 12.58% 29.61%
Earnings before Tax (EBT) 1 2,225 3,257 3,970 -261.7 4,204 14,778
Net income 1 2,232 2,960 3,704 -31.04 3,070 9,420
Net margin 13.05% 14.95% 14.86% -0.14% 9.09% 19.14%
EPS 2 33.79 44.82 56.08 -0.4700 46.49 142.6
Free Cash Flow 1 1,129 1,175 2,680 1,739 3,629 9,221
FCF margin 6.6% 5.93% 10.75% 7.75% 10.74% 18.74%
FCF Conversion (EBITDA) 31.15% 22.6% 43.56% 68.3% 57.77% 56.22%
FCF Conversion (Net income) 50.61% 39.68% 72.35% - 118.18% 97.89%
Dividend per Share 2 4.000 5.000 5.000 1.000 6.000 10.00
Announcement Date 5/21/18 7/12/19 9/5/20 8/31/21 7/22/22 7/21/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net Debt 1 3,076 1,323 5,752 4,779 917 -
Net Cash position 1 - - - - - 8,736
Leverage (Debt/EBITDA) 0.8485 x 0.2546 x 0.9351 x 1.877 x 0.1459 x -
Free Cash Flow 1 1,129 1,175 2,680 1,739 3,629 9,221
ROE (net income / shareholders' equity) 30.2% 30.5% 29% -0.26% 18.5% 42.6%
ROA (Net income/ Total Assets) 9.66% 12.3% 10.2% 0.63% 8.2% 24.2%
Assets 1 23,104 24,091 36,289 -4,929 37,449 38,921
Book Value Per Share 2 127.0 167.0 210.0 210.0 255.0 391.0
Cash Flow per Share 2 1.140 1.050 2.390 3.180 4.210 5.460
Capex 1 1,491 1,704 1,155 729 628 1,613
Capex / Sales 8.72% 8.61% 4.63% 3.25% 1.86% 3.28%
Announcement Date 5/21/18 7/12/19 9/5/20 8/31/21 7/22/22 7/21/23
1INR in Million2INR
Estimates
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