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← CockpitCompetitor Analysis › WSTCSTPAPR.NS West Coast Paper Mills LimitedOpen in the cockpit ↗

West Coast Paper Mills LimitedWSTCSTPAPR.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Office Equipment/Supplies
Momentum leader 92
Mkt cap
$516M
US dollars, full cap
Free float
40%
of shares outstanding
$/day
$10.7M
20-day average traded
Fwd P/E
13.0×
forward earnings
ROIC−WACC
-11.3 pp
WACC 15.8%
Hurdle
+15 pp
Req g minus delivered
Close · INR₹738.15
1D-11.2%
1W-9.5%
1M+0.8%
3M+24.2%
6M+41.9%
YTD+79.0%
1Y+61.9%
ATR %7.2%
Beta0.53
52w lowhigh24.5% off high

What West Coast Paper Mills does

Employees: 4,890

West Coast Paper Mills at a glance

Size West Coast Paper Mills (WSTCSTPAPR.NS) is an India Industrials company (Office Equipment/Supplies) with a market value of $516M, the 825th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹738.15 on 6 Nov 2026.

Performance Over six months the shares gained 41.9%, against -12.8% for the median peer and 0.0% for the India market (cap-weighted) — 2nd highest of 18 in its peer set.

Growth Revenue grew 8.2% over the last twelve months (peer median +5.6%); the operating margin is 5.8% (peer median 6.9%).

Valuation It trades at 13.0× forward earnings against a peer median of 14.6× (8th cheapest of 16).

Price implies For today's price to make sense, revenue must grow about 29% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 11.3 points below its cost of capital (15.8% WACC).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026WSTCSTPAPR.NS 141Peer median 88
Six months, rebased to 100: West Coast Paper Mills against the median of its 17 peers (local-currency closes).

West Coast Paper Mills financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹43.9B₹42.8B₹40.6B₹44.4B₹49.2B
Revenue growth—+5%-9%-10%—
Gross profit₹6.58B₹3.21B₹4.44B₹10.8B₹16.2B
EBITDA₹5.05B₹4.35B₹5.13B₹11.1B₹16.5B
Net income₹2.30B₹1.51B₹3.11B₹6.92B₹9.42B
Free cash flown/a₹394M-₹3.19B₹2.82B₹10.9B
Capital expendituren/a₹3.81B₹4.50B₹5.25B₹1.63B
Total debtn/a₹3.45B₹4.56B₹2.76B₹2.31B

Quarterly statements and history in the cockpit →

West Coast Paper Mills competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%+100%+150%-20%0%+20%FILA002103603661300729ACCO60360060060960308169570023017972NAVNETEDULDOMSMLKN78464902WSTCSTPAPR.NS6-month return →1-month return →
Up and to the right = strong over both horizons. West Coast Paper Mills is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%20×40×60×FILA002103603661300729ACCO60360060308169570023017972NAVNETEDULDOMS7846WSTCSTPAPR.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. West Coast Paper Mills is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-25%0%25%50%FILA002103603661300729ACCO6036006006096957002301NAVNETEDUL00081578464902WSTCSTPAPR.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. West Coast Paper Mills is the large dot.

West Coast Paper Mills competitors and peer comparison

How West Coast Paper Mills compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

West Coast Paper Mills against its 17 peers (data as of 6 Nov 2026)
MeasureWSTCSTPAPR.NSPeer medianRank in peer set
1-month return+0.8%-1.6%7th highest of 18
6-month return+41.9%-12.8%2nd highest of 18
Distance from 52-week high-24.5%-25.4%9th highest of 18
Revenue growth (TTM)+8.2%+5.6%8th highest of 18
Operating margin5.8%6.9%7th lowest of 18
Forward P/E13.0×14.6×8th cheapest of 16
Growth the price implies (Req g, 7 yrs)28.8%-2.4%2nd most demanding of 17
Growth delivered (Del g)+13.8%+6.5%4th highest of 17
Hurdle (Req g minus delivered)+15.0 pp-3.2 pp2nd most demanding of 17
ROIC minus cost of capital-11.3 pp+2.8 pplowest of 18
EV / EBITDA9.6×8.9×5th most expensive of 11
Net debt / EBITDA-1.7×0.6×2nd least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
West Coast Paper Mills WSTCSTPAPR.NSIndia$516M+42%+8%6%13.0×28.8%+13.8%
F.I.L.A. - Fabbrica Italiana Lapis ed Affini FILA.MIItaly$509M+1%+1%11%9.8×-4.3%-1.2%
Guangbo Group Stock 002103.SZChina$507M-19%+4%5%20.8×7.0%+1.1%
Henglin Home Furnishings 603661.SSChina$543M-13%+13%4%12.7×-11.5%+19.8%
Loctek Ergonomic Technology 300729.SZChina$552M-13%+6%6%22.4×-9.4%+28.2%
ACCO Brands ACCOUnited States$467M+25%+2%7%5.5×-0.9%-1.6%
UE Furniture 603600.SSChina$579M-1%+13%6%12.5×-7.9%+7.3%
Jinbei Automotive 600609.SSChina$618M-21%+4%7%n/a-5.4%-3.6%
Zhejiang Dafeng Industry 603081.SSChina$679M-14%+18%0%27.5×-4.3%-1.0%
Horizon Fixture 6957.TWTaiwan$712M+162%+15%18%20.3×8.6%+9.6%
Shenzhen Comix 002301.SZChina$717M-1%+13%1%32.5×-0.5%+8.4%
ITOKI 7972.TJapan$784M-26%+10%9%10.3×1.7%+5.7%
Navneet Education NAVNETEDUL.NSIndia$303M-13%-4%10%16.8×19.3%+16.0%
DOMS Industries DOMS.NSIndia$1.32B-13%+18%11%56.1×n/an/a
MCC Meili Cloud Computing Industry Investment 000815.SZChina$1.41B-29%-25%10%n/a51.4%-21.7%
MillerKnoll MLKNUnited States$1.48B+32%+1%6%11.2×7.3%+9.3%
PILOT 7846.TJapan$1.62B+33%+7%14%14.6×-3.8%+7.7%
Konica Minolta 4902.TJapan$1.79B+14%0%5%9.7×-5.6%+4.7%

Questions

Which companies are West Coast Paper Mills's closest peers?
The cockpit's peer set: F.I.L.A. - Fabbrica Italiana Lapis ed Affini (FILA.MI), Guangbo Group Stock (002103.SZ), Henglin Home Furnishings (603661.SS), Loctek Ergonomic Technology (300729.SZ), ACCO Brands (ACCO), UE Furniture (603600.SS), Jinbei Automotive (600609.SS), Zhejiang Dafeng Industry (603081.SS).
Is West Coast Paper Mills expensive compared with its peers?
On forward p/e it trades at 13.0× against a peer median of 14.6×, 8th cheapest of 16 in its peer set. For today's price to make sense, revenue must grow about 29% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has West Coast Paper Mills stock performed?
Over six months to 6 Nov 2026 the shares returned +41.9% against -12.8% for the median peer; over one year +61.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.