West Coast Paper Mills (500444) Q4 24/25 earnings summary

Executive summary

• Audited financial results for the quarter and year ended March 31, 2025, were approved, with both standalone and consolidated statements showing significant year-over-year declines in revenue and profit.

• Board recommended a dividend of Rs 5 per share (250%) for FY25, subject to shareholder approval.

• Statutory auditors issued an unmodified opinion on both standalone and consolidated results.

Financial highlights

• Consolidated FY25 revenue was ₹4,062.29 crore, down 9% year-over-year; standalone revenue was ₹2,511.35 crore, down 4%.

• Consolidated EBITDA fell 45% to ₹691.58 crore; standalone EBITDA dropped 34% to ₹499.70 crore year-over-year.

• Consolidated PAT declined 57% to ₹335.64 crore; standalone PAT decreased 40% to ₹284.71 crore year-over-year.

• Q4 FY25 consolidated revenue was ₹1,041.29 crore, up 3% sequentially; PAT was ₹46.15 crore, down 32% from Q3.

• EPS for FY25 was ₹47.11 (consolidated) and ₹43.11 (standalone), both significantly lower year-over-year.

Outlook and guidance

• Management highlighted margin pressures due to higher wood prices and increased low-priced imports, but remains focused on operational efficiency and margin improvement.