X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
WEST COAST PAPER MILLS Announces Quarterly Results (1QFY19); Net Profit Up 56.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

WEST COAST PAPER MILLS Announces Quarterly Results (1QFY19); Net Profit Up 56.5%
Mon, 20 Aug

WEST COAST PAPER MILLS has announced its results for the quarter ended June 2018. Here is a detailed performance review of the same:

WEST COAST PAPER MILLS Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-17*
3
Mar-18*
3
Jun-18*
QoQ ChangeYoY Change
Net SalesRs m4,1024,9364,597-6.9%12.1%
Other incomeRs m31549270.1%198.0%
TurnoverRs m4,1334,9904,689-6.0%13.4%
ExpensesRs m3,2763,6913,406-7.7%4.0%
Gross profitRs m8271,2451,191-4.3%44.0%
DepreciationRs m26233339318.1%50.2%
InterestRs m80179105-41.3%31.3%
Profit before taxRs m516787784-0.3%52.0%
TaxRs m-21-1-56
Profit after taxRs m5377888406.7%56.5%
Gross profit margin%20.225.225.9
Effective tax rate%-4.1-0.1-7.1
Net profit margin%13.015.817.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 12.1% on a year-on-year (YoY) basis. The expenses were up by 4.0% YoY during the same period.
  • The company's operating profit increased by 44.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 25.9% in 1QFY19 as against 20.2% in 1QFY18.
  • Depreciation charges and finance costs increased by 50.2% YoY and 31.3% YoY, respectively.
  • Other income increased by 198.0% YoY during the quarter.
  • Net profit for the quarter increased by 56.5% YoY. Net profit margins during the quarter increased from 13.0% in 1QFY18 to 17.9% in 1QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 6.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.7% QoQ during the same period.
  • The company's operating profit increased by 4.3% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 25.9% in 1QFY19 as against 25.2% in 4QFY18.
  • Net profit for the quarter increased by 6.7% QoQ, while net profit margins increased from 15.8% in 4QFY18 to 17.9% in 1QFY19.

To see how WEST COAST PAPER MILLS has performed over the last eight quarters, please visit here.

WEST COAST PAPER MILLS Share Price Performance

Over the last one year, WEST COAST PAPER MILLS share price has moved up from Rs 190.5 to Rs 344.5, registering a Gain of Rs 154.0 or around 80.8%.

Overall, the S&P BSE SENSEX is up 20.5% over the year.

Current Valuations

At the current price of Rs 344.5, the price to earnings (P/E) ratio of WEST COAST PAPER MILLS stands at 9.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.8 times.

Equitymaster requests your view! Post a comment on "WEST COAST PAPER MILLS Announces Quarterly Results (1QFY19); Net Profit Up 56.5%". Click here!

  

Related Views on News

WEST COAST PAPER MILLS Announces Quarterly Results (4QFY19); Net Profit Down 28.9% (Quarterly Result Update)

Jun 14, 2019 | Updated on Jun 14, 2019

For the quarter ended March 2019, WEST COAST PAPER MILLS has posted a net profit of Rs 560 m (down 28.9% YoY). Sales on the other hand came in at Rs 6 bn (up 17.6% YoY). Read on for a complete analysis of WEST COAST PAPER MILLS's quarterly results.

WEST COAST PAPER MILLS 2017-18 Annual Report Analysis (Annual Result Update)

Apr 2, 2019 | Updated on Apr 2, 2019

Here's an analysis of the annual report of WEST COAST PAPER MILLS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of WEST COAST PAPER MILLS. Also includes updates on the valuation of WEST COAST PAPER MILLS.

WEST COAST PAPER MILLS Announces Quarterly Results (3QFY19); Net Profit Up 57.3% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, WEST COAST PAPER MILLS has posted a net profit of Rs 675 m (up 57.3% YoY). Sales on the other hand came in at Rs 4 bn (up 6.6% YoY). Read on for a complete analysis of WEST COAST PAPER MILLS's quarterly results.

More Views on News

Most Popular

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

The Great Indian NBFC Bubble Has Burst but I Will Still Recommend These Safe NBFCs(The 5 Minute Wrapup)

Jun 11, 2019

One chart that predicted the NBFC crisis back in 2016.

Just One Stock Made Buffett Billions - And Can Make You Crores(Profit Hunter)

Jun 6, 2019

Coca Cola is arguably one of Warren Buffet's best stock picks. But did you know that small investors picked up the stock five decades before Buffet? Read on...

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why Modi 2.0 Will Be Great for These 7 Stocks(Profit Hunter)

Jun 10, 2019

The government's focus on Infra, electricity, water for all will be the key factors for Sensex 1,00,000.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

WEST COAST PAPER MILLS SHARE PRICE


Jun 19, 2019 (Close)

TRACK WEST COAST PAPER MILLS

  • Track your investment in WEST COAST PAPER MILLS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON WEST COAST PAPER MILLS

WEST COAST PAPER MILLS - NIPPON PAPER COMPARISON

COMPARE WEST COAST PAPER MILLS WITH

MARKET STATS