Nifty
Sensex
:
:
24056.00
77100.47
34.35 (0.14%)
109.25 (0.14%)

Paper & Paper Products

Rating :
47/99

BSE: 500444 | NSE: WSTCSTPAPR

496.85
25-Jun-2026
  • Open
  • High
  • Low
  • Previous Close
  •  497.9
  •  506.65
  •  493.1
  •  495.65
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  73560
  •  36732883.5
  •  583
  •  375

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,279.99
  • 21.78
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,555.76
  • 0.60%
  • 0.91

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 56.58%
  • 2.94%
  • 20.79%
  • FII
  • DII
  • Others
  • 3.24%
  • 11.95%
  • 4.50%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.98
  • 12.60
  • -6.19

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 3.43
  • 13.75
  • -21.77

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 168.24
  • -30.87

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.85
  • 7.24
  • 7.33

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.30
  • 1.25
  • 1.12

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.42
  • 4.42
  • 4.34

Earnings Forecasts:

(Updated: 23-06-2026)
Description
2026
2027
2028
2029
Adj EPS
24.3
34.3
60.7
-
P/E Ratio
20.45
14.49
8.19
-
Revenue
4003.4
4353.5
4574.8
-
EBITDA
339
470
766.6
-
Net Income
160.6
226.8
400.9
-
ROA
-
-
-
-
P/B Ratio
0.91
0.86
0.79
-
ROE
4.4
5.9
9.6
-
FCFF
-
-
-
-
FCFF Yield
-
-
-
-
Net Debt
-
-
-
-
BVPS
547.9
577.3
630
-

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
1,245.30
1,041.29
19.59%
1,049.78
1,015.85
3.34%
1,043.02
1,044.82
-0.17%
954.65
960.34
-0.59%
Expenses
1,088.02
960.55
13.27%
973.09
933.27
4.27%
975.01
902.76
8.00%
844.20
784.64
7.59%
EBITDA
157.28
80.74
94.80%
76.69
82.58
-7.13%
68.01
142.06
-52.13%
110.45
175.69
-37.13%
EBIDTM
12.63%
7.75%
7.31%
8.13%
6.52%
13.60%
11.57%
18.29%
Other Income
3.06
44.84
-93.18%
44.63
69.38
-35.67%
22.54
54.32
-58.51%
44.66
41.96
6.43%
Interest
10.20
12.90
-20.93%
10.67
9.94
7.34%
9.87
8.42
17.22%
10.96
6.92
58.38%
Depreciation
65.34
56.63
15.38%
63.35
53.13
19.24%
61.80
52.87
16.89%
57.81
47.25
22.35%
PBT
84.80
56.06
51.27%
47.30
88.89
-46.79%
18.88
135.10
-86.03%
86.34
163.48
-47.19%
Tax
30.82
9.91
211.00%
17.72
21.48
-17.50%
6.97
34.53
-79.81%
26.07
41.97
-37.88%
PAT
53.98
46.15
16.97%
29.58
67.41
-56.12%
11.91
100.56
-88.16%
60.26
121.51
-50.41%
PATM
4.33%
4.43%
2.82%
6.64%
1.14%
9.63%
6.31%
12.65%
EPS
7.85
6.66
17.87%
4.07
9.72
-58.13%
2.65
13.49
-80.36%
8.24
17.24
-52.20%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Net Sales
4,292.75
4,062.29
4,447.68
4,920.76
3,377.67
2,244.53
2,492.85
1,979.15
1,710.20
Net Sales Growth
5.67%
-8.66%
-9.61%
45.69%
50.48%
-9.96%
25.96%
15.73%
 
Cost Of Goods Sold
2,730.77
1,757.44
1,488.01
1,315.95
1,095.49
810.31
791.31
661.07
654.02
Gross Profit
1,561.98
2,304.86
2,959.67
3,604.81
2,282.18
1,434.22
1,701.54
1,318.08
1,056.18
GP Margin
36.39%
56.74%
66.54%
73.26%
67.57%
63.90%
68.26%
66.60%
61.76%
Total Expenditure
3,880.32
3,581.22
3,355.73
3,278.69
2,744.26
1,991.89
1,876.61
1,468.04
1,348.07
Power & Fuel Cost
-
332.24
395.84
468.59
356.71
252.76
218.61
178.01
168.53
% Of Sales
-
8.18%
8.90%
9.52%
10.56%
11.26%
8.77%
8.99%
9.85%
Employee Cost
-
397.55
390.68
366.68
358.61
313.15
222.91
139.24
123.26
% Of Sales
-
9.79%
8.78%
7.45%
10.62%
13.95%
8.94%
7.04%
7.21%
Manufacturing Exp.
-
930.51
917.37
965.69
797.90
512.44
541.73
415.81
346.73
% Of Sales
-
22.91%
20.63%
19.62%
23.62%
22.83%
21.73%
21.01%
20.27%
General & Admin Exp.
-
40.04
54.49
66.45
31.58
24.44
23.37
19.84
15.70
% Of Sales
-
0.99%
1.23%
1.35%
0.93%
1.09%
0.94%
1.00%
0.92%
Selling & Distn. Exp.
-
31.19
35.63
34.43
50.50
24.89
23.87
21.27
19.68
% Of Sales
-
0.77%
0.80%
0.70%
1.50%
1.11%
0.96%
1.07%
1.15%
Miscellaneous Exp.
-
92.25
73.72
60.90
53.47
53.90
54.82
32.79
20.15
% Of Sales
-
2.27%
1.66%
1.24%
1.58%
2.40%
2.20%
1.66%
1.18%
EBITDA
412.43
481.07
1,091.95
1,642.07
633.41
252.64
616.24
511.11
362.13
EBITDA Margin
9.61%
11.84%
24.55%
33.37%
18.75%
11.26%
24.72%
25.82%
21.17%
Other Income
114.89
210.51
170.34
77.68
62.13
24.66
53.59
19.81
18.23
Interest
41.70
38.18
23.90
37.07
62.61
70.11
74.96
29.25
41.65
Depreciation
248.30
209.87
185.10
189.47
212.53
229.35
197.86
176.02
116.22
PBT
237.32
443.53
1,053.29
1,493.21
420.40
-22.16
397.02
325.65
222.48
Tax
81.58
107.89
267.20
390.82
74.52
-21.79
-9.48
29.65
-0.67
Tax Rate
34.38%
24.33%
25.37%
26.45%
17.73%
83.26%
-2.39%
9.10%
-0.30%
PAT
155.73
311.15
692.02
941.97
307.03
-3.10
370.38
296.00
223.15
PAT before Minority Interest
150.60
335.64
786.09
1,087.01
345.88
-4.38
406.49
296.00
223.15
Minority Interest
-5.13
-24.49
-94.07
-145.04
-38.85
1.28
-36.11
0.00
0.00
PAT Margin
3.63%
7.66%
15.56%
19.14%
9.09%
-0.14%
14.86%
14.96%
13.05%
PAT Growth
-53.60%
-55.04%
-26.53%
206.80%
-
-
25.13%
32.65%
 
EPS
23.60
47.14
104.85
142.72
46.52
-0.47
56.12
44.85
33.81

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Shareholder's Funds
3,491.42
3,241.71
2,580.75
1,686.21
1,388.87
1,388.25
1,103.39
838.93
Share Capital
13.21
13.21
13.21
13.21
13.21
13.21
13.21
13.21
Total Reserves
3,475.44
3,225.72
2,564.76
1,670.22
1,372.88
1,372.27
1,087.41
822.95
Non-Current Liabilities
544.54
486.49
325.29
763.65
700.29
775.92
358.55
435.73
Secured Loans
213.61
101.60
9.28
158.25
320.43
452.23
63.91
120.44
Unsecured Loans
0.00
37.90
60.29
76.84
85.40
82.60
90.40
89.85
Long Term Provisions
12.25
14.35
10.54
336.60
98.96
11.80
71.80
71.71
Current Liabilities
897.57
821.55
782.79
788.89
757.18
707.29
512.97
383.83
Trade Payables
333.92
329.00
304.82
275.44
204.48
208.06
179.39
201.96
Other Current Liabilities
399.08
364.82
318.05
314.11
361.68
321.31
169.67
131.51
Short Term Borrowings
84.90
55.98
75.14
107.21
107.71
88.39
158.68
44.19
Short Term Provisions
79.67
71.74
84.78
92.14
83.30
89.54
5.24
6.17
Total Liabilities
5,512.28
5,118.43
4,172.66
3,587.58
3,162.12
3,187.42
1,974.91
1,658.49
Net Block
2,126.27
1,881.72
1,658.98
1,756.93
1,873.35
2,017.71
1,001.24
1,051.89
Gross Block
4,644.29
4,223.57
3,837.46
3,762.34
3,688.61
3,634.74
2,421.19
2,318.34
Accumulated Depreciation
2,518.02
2,341.85
2,178.49
2,005.41
1,815.26
1,617.03
1,419.95
1,266.45
Non Current Assets
2,823.00
2,596.94
2,100.29
2,300.42
2,158.64
2,158.50
1,132.34
1,152.89
Capital Work in Progress
172.05
210.14
54.73
21.75
33.68
56.92
37.05
3.39
Non Current Investment
405.03
363.36
271.38
138.93
107.83
18.15
0.75
1.00
Long Term Loans & Adv.
117.37
140.10
110.39
381.11
143.24
65.42
93.21
96.60
Other Non Current Assets
2.28
1.61
4.82
1.69
0.55
0.30
0.09
0.00
Current Assets
2,689.27
2,521.49
2,072.37
1,285.86
1,001.79
1,026.77
842.51
503.74
Current Investments
1,198.61
1,366.98
1,038.55
333.00
111.96
26.65
221.89
0.00
Inventories
870.83
681.54
492.31
395.78
411.84
548.29
428.27
342.89
Sundry Debtors
350.25
257.18
332.31
242.29
203.94
142.01
163.27
118.93
Cash & Bank
32.59
43.47
75.04
60.14
91.47
175.04
10.16
10.08
Other Current Assets
236.99
20.16
15.40
23.99
182.58
134.79
18.91
31.84
Short Term Loans & Adv.
216.59
152.17
118.77
230.66
165.06
120.14
13.65
26.08
Net Current Assets
1,791.70
1,699.94
1,289.58
496.97
244.61
319.48
329.53
119.91
Total Assets
5,512.27
5,118.43
4,172.66
3,586.28
3,160.43
3,185.27
1,974.85
1,656.63

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Cash From Operating Activity
99.22
764.35
1,237.71
590.56
337.82
649.10
394.16
326.23
PBT
443.53
1,053.29
1,477.83
420.40
-26.17
397.02
325.65
222.48
Adjustment
60.82
45.93
176.67
222.62
290.08
225.07
194.27
151.57
Changes in Working Capital
-316.81
-83.38
-85.49
44.13
73.71
77.01
-66.35
4.00
Cash after chg. in Working capital
187.53
1,015.83
1,569.01
687.15
337.62
699.09
453.57
378.05
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-88.32
-251.48
-331.30
-96.59
0.20
-50.00
-59.41
-51.82
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-171.55
-714.07
-894.00
-290.66
-165.95
-881.48
-382.48
-138.66
Net Fixed Assets
-159.29
-162.89
-32.92
-43.48
-14.24
-102.28
-129.73
Net Investments
3.04
-293.53
-334.54
-88.71
-0.02
-689.47
-221.64
Others
-15.30
-257.65
-526.54
-158.47
-151.69
-89.73
-31.11
Cash from Financing Activity
72.15
-60.91
-333.79
-294.73
-166.63
218.20
-12.28
-193.92
Net Cash Inflow / Outflow
-0.18
-10.62
9.93
5.17
5.23
-14.19
-0.60
-6.35
Opening Cash & Equivalents
25.47
36.09
26.16
21.00
15.76
6.92
7.52
13.87
Closing Cash & Equivalent
25.29
25.47
36.09
26.16
21.00
15.76
6.92
7.52

Financial Ratios

Standalone /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 05
Mar 04
Book Value (Rs.)
528.19
490.38
390.31
254.88
209.86
209.76
166.64
126.60
36.76
33.49
ROA
6.31%
16.92%
28.01%
10.77%
-0.14%
15.96%
16.60%
20.20%
5.72%
5.89%
ROE
9.98%
27.03%
51.02%
22.54%
-0.32%
32.70%
30.57%
44.61%
19.08%
19.12%
ROCE
12.98%
34.27%
61.50%
23.03%
2.09%
26.09%
26.98%
33.75%
12.17%
13.80%
Fixed Asset Turnover
0.92
1.10
1.29
0.91
0.61
0.82
0.84
1.25
1.26
1.44
Receivable days
27.29
24.19
21.31
24.11
28.13
22.35
26.02
17.04
27.61
30.36
Inventory Days
69.74
48.17
32.94
43.64
78.07
71.49
71.11
51.34
77.44
67.43
Payable days
68.84
77.74
80.47
79.95
92.91
33.85
42.77
36.53
68.50
75.77
Cash Conversion Cycle
28.19
-5.38
-26.22
-12.20
13.28
59.99
54.37
31.85
36.55
22.03
Total Debt/Equity
0.12
0.08
0.08
0.27
0.48
0.55
0.33
0.38
1.46
1.39
Interest Cover
12.62
45.07
40.86
7.72
0.63
6.30
12.14
6.34
4.80
11.25

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.