West Coast Paper Mills (500444) Q1 24/25 earnings summary

Executive summary

• Consolidated Q1FY25 revenue was ₹960.34 crore, down 10% quarter-over-quarter; standalone revenue was ₹641.81 crore, down 8% sequentially.

• Consolidated PAT for Q1FY25 was ₹121.51 crore, a 7% decrease from the previous quarter; standalone PAT was ₹93.11 crore, up 13% sequentially.

• Management attributed the performance dip to lower realizations and higher raw material costs, with selling prices pressured by increased imports.

Financial highlights

• Consolidated EBITDA for Q1FY25 was ₹217.65 crore, down 5% quarter-over-quarter; standalone EBITDA was ₹158.03 crore, up 7%.

• PAT margin improved to 13% (consolidated) and 15% (standalone), up 100 bps and 300 bps respectively from Q4FY24.

• Consolidated EPS for Q1FY25 was ₹17.24, down 5% from Q4FY24; standalone EPS was ₹14.10, up 13%.

• Consolidated net profit after tax for Q1FY25 was ₹12,151.49 lakh, compared to ₹13,042.75 lakh in Q4FY24 and ₹27,834.96 lakh in Q1FY24.

• Total comprehensive income for Q1FY25 was ₹14,082.40 lakh (consolidated) and ₹10,284.54 lakh (standalone).

Outlook and guidance

• Management remains focused on enhancing operational efficiencies and improving margins despite ongoing pricing and cost pressures.