West Coast Paper Mills (500444) Q4 25/26 earnings summary

Executive summary

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved and published, with the audit report carrying an unmodified opinion.

• Dividend of Rs. 3 per equity share (150%) recommended for FY26, subject to shareholder approval.

• Key board re-appointments include Non-Executive Independent Director, Executive Director, and Joint Managing Director, all subject to shareholder approval.

Financial highlights

• Consolidated FY26 revenue rose 5% year-over-year to Rs. 4,278.79 crore; standalone revenue declined 1% to Rs. 2,498.49 crore.

• Consolidated EBITDA fell 24% to Rs. 527.32 crore; standalone EBITDA dropped 23% to Rs. 382.76 crore year-over-year.

• Consolidated PAT declined 54% to Rs. 155.73 crore; standalone PAT decreased 46% to Rs. 153.53 crore year-over-year.

• Q4FY26 saw sequential revenue growth of 20% and PAT growth of 82% (consolidated) and 163% (standalone) over Q3FY25.

• PAT margins compressed to 4% (consolidated) and 6% (standalone) for FY26.

Outlook and guidance

• Management highlighted improved quarterly performance due to higher volumes, better product mix, and operational efficiency.

• Cable division's backward integrated draw tower stabilized, expected to support future operations.

• Focus remains on raw material security, sustainability, and growth objectives.