Nifty
Sensex
:
:
23151.10
74563.92
-488.05 (-2.06%)
-1470.50 (-1.93%)

Paper & Paper Products

Rating :
49/99

BSE: 500444 | NSE: WSTCSTPAPR

389.30
13-Mar-2026
  • Open
  • High
  • Low
  • Previous Close
  •  397
  •  398.05
  •  386.9
  •  397.60
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  68739
  •  26932947.25
  •  583
  •  375

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,575.25
  • 18.04
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,982.90
  • 1.28%
  • 0.72

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 56.55%
  • 2.99%
  • 21.24%
  • FII
  • DII
  • Others
  • 3.26%
  • 11.55%
  • 4.41%

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
  • 6.87
  • 7.24
  • 6.92

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.26
  • 1.26
  • 1.17

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.94
  • 4.43
  • 3.94

Earnings Forecasts:

(Updated: 14-03-2026)
Description
2024
2025
2026
2027
Adj EPS
47.11
24.3
34.3
60.7
P/E Ratio
8.26
16.02
11.35
6.41
Revenue
4062.29
4003.4
4353.5
4574.8
EBITDA
481.08
339
470
766.6
Net Income
311.15
160.6
226.8
400.9
ROA
5.85
P/B Ratio
0.74
0.71
0.67
0.62
ROE
9.24
4.4
5.9
9.6
FCFF
-318.17
FCFF Yield
-12.93
Net Debt
-768.78
BVPS
528.61
547.9
577.3
630

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
1,049.78
1,015.85
3.34%
1,043.02
1,044.82
-0.17%
954.65
960.34
-0.59%
1,041.29
1,070.10
-2.69%
Expenses
973.09
933.27
4.27%
975.01
902.76
8.00%
844.20
784.64
7.59%
960.55
900.46
6.67%
EBITDA
76.69
82.58
-7.13%
68.01
142.06
-52.13%
110.45
175.69
-37.13%
80.74
169.63
-52.40%
EBIDTM
7.31%
8.13%
6.52%
13.60%
11.57%
18.29%
7.75%
15.85%
Other Income
44.63
69.38
-35.67%
22.54
54.32
-58.51%
44.66
41.96
6.43%
44.84
58.52
-23.38%
Interest
10.67
9.94
7.34%
9.87
8.42
17.22%
10.96
6.92
58.38%
12.90
5.57
131.60%
Depreciation
63.35
53.13
19.24%
61.80
52.87
16.89%
57.81
47.25
22.35%
56.63
48.99
15.60%
PBT
47.30
88.89
-46.79%
18.88
135.10
-86.03%
86.34
163.48
-47.19%
56.06
173.58
-67.70%
Tax
17.72
21.48
-17.50%
6.97
34.53
-79.81%
26.07
41.97
-37.88%
9.91
43.16
-77.04%
PAT
29.58
67.41
-56.12%
11.91
100.56
-88.16%
60.26
121.51
-50.41%
46.15
130.43
-64.62%
PATM
2.82%
6.64%
1.14%
9.63%
6.31%
12.65%
4.43%
12.19%
EPS
4.07
9.72
-58.13%
2.65
13.49
-80.36%
8.24
17.24
-52.20%
6.66
18.14
-63.29%

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
4,088.74
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
-0.06%
-8.66%
-9.61%
45.69%
50.48%
-9.96%
25.96%
15.73%
 
Cost Of Goods Sold
2,589.77
1,757.44
1,488.01
1,315.95
1,095.49
810.31
791.31
661.07
654.02
Gross Profit
1,498.97
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
36.66%
56.74%
66.54%
73.26%
67.57%
63.90%
68.26%
66.60%
61.76%
Total Expenditure
3,752.85
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
335.89
481.07
1,091.95
1,642.07
633.41
252.64
616.24
511.11
362.13
EBITDA Margin
8.22%
11.84%
24.55%
33.37%
18.75%
11.26%
24.72%
25.82%
21.17%
Other Income
156.67
210.51
170.34
77.68
62.13
24.66
53.59
19.81
18.23
Interest
44.40
38.18
23.90
37.07
62.61
70.11
74.96
29.25
41.65
Depreciation
239.59
209.87
185.10
189.47
212.53
229.35
197.86
176.02
116.22
PBT
208.58
443.53
1,053.29
1,493.21
420.40
-22.16
397.02
325.65
222.48
Tax
60.67
107.89
267.20
390.82
74.52
-21.79
-9.48
29.65
-0.67
Tax Rate
29.09%
24.33%
25.37%
26.45%
17.73%
83.26%
-2.39%
9.10%
-0.30%
PAT
147.90
311.15
692.02
941.97
307.03
-3.10
370.38
296.00
223.15
PAT before Minority Interest
142.74
335.64
786.09
1,087.01
345.88
-4.38
406.49
296.00
223.15
Minority Interest
-5.16
-24.49
-94.07
-145.04
-38.85
1.28
-36.11
0.00
0.00
PAT Margin
3.62%
7.66%
15.56%
19.14%
9.09%
-0.14%
14.86%
14.96%
13.05%
PAT Growth
-64.78%
-55.04%
-26.53%
206.80%
-
-
25.13%
32.65%
 
EPS
22.41
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.