West Coast Paper Mills Limited (WSTCSTPAPR) — Corporate Action

{ "summary": "West Coast Paper Mills announced a Rs 3 dividend per share (150% payout) on 66 million shares for FY26, subject to shareholder approval at the upcoming AGM, following a board meeting on May 27, 2026. The filing includes audited financials showing revenue of ₹2,49,848.62 lakhs and net profit of ₹22,802.44 lakhs, though dividend recommendations vary across disclosures, with one noting Rs 150 per share (150% of face value) and another Rs 1 per share (1%).", "extractedFields": { "keyEvent": "Board approves Rs 3 dividend per share (150% payout) for FY26, subject to shareholder approval at upcoming AGM.", "whatChanged": "Dividend payout increased to Rs 3 per share (150% of face value) compared to previous year's Rs 5 per share (250% payout) and Rs 1 per share recommendation in other disclosures.", "forwardGuidance": "Dividend will be credited/dispatched within stipulated period after AGM approval; labor strike at Andhra Paper subsidiary remains ongoing as of May 27, 2026.", "investorTakeaway": "Shareholders receive Rs 3 per share dividend contingent on AGM approval, though prior filings show conflicting dividend recommendations and ongoing operational disruptions at a key subsidiary.", "sentiment": "neutral" }, "dividendPerShare": 3, "dividendPayoutPercentage": 150, "equitySharesOutstanding": 66048908, "dividendRecordDate": "2026-05-27", "dividendPaymentDate": "within stipulated period", "auditOpinion": "Unmodified Opinion", "auditedFinancialsAvailableOnWebsite": true, "boardMeetingDate": "2026-05-27", "financialYearEnd": "2026-03-31", "dividendSubjectToShareholderApproval": true, "annualGeneralMeetingDate": "upcoming AGM", "reappointedDirectors": [ { "name": "Prakash Kacholia", "dIN": "00002626", "position": "Non-Executive Independent Director", "termStart": "November 09, 2026", "termDuration": "3 years" }, { "name": "Rajendra Jain", "dIN": "07250797", "position": "Executive Director", "termStart": "July 31, 2026", "termDuration": "2 years" }, { "name": "Virendraa Bangur", "dIN": "00237043", "position": "Joint Managing Director", "termStart": "June 26, 2026", "termDuration": "3 years" } ], "revenue": 249848.62, "netProfitBeforeTax": 22802.44, "dividendRecommended": 1.0, "faceValuePerShare": 2.0, "previousYearDividend": 5.0, "dividendChangePercentage": -80.0, "totalSegmentAssets": 343316.86, "cashFlowFromOperations": 29775.5, "cashFlowFromInvesting": -17769.14, "cashFlowFromFinancing": -12557.11, "epsAnnual": 23.25, "totalEquity": 282428.07, "totalLiabilities": 60888.79, "capitalEmployed": 282428.07, "segmentRevenuePaperBoard": 115936.79, "segmentRevenueTelecomCables": 8.593, "segmentRevenueOthers": 0.00, "segmentProfitPaperBoard": 7868.62, "segmentProfitTelecomCables": 1937.69, "segmentProfitOthers": -84.68, "segmentAssetsPaperBoard": 505875.21, "segmentAssetsTelecomCables": 36085.50, "company": "West Coast Paper Mills Limited", "exchange": "NSE", "filingDate": "2026-05-27", "filingType": "Announcements", "auditOpinion": "Unmodified", "goingConcern": "No material uncertainty identified", "dividendRecommendation": "Per share (amount incomplete)", "auditedPeriodEnd": "March 31, 2026", "quarterEnded": "March 31, 2026", "revenueConsolidated": 124530.31, "totalExpensesConsolidated": 116356.52, "profitBeforeTaxConsolidated": 8479.52, "taxExpenseConsolidated": 3081.79, "netProfitConsolidated": 5397.73, "totalComprehensiveIncomeConsolidated": 4027.54, "segmentRevenuePaperBoard": 115936.79, "segmentRevenueTelecomCables": 8.593, "segmentRevenueOthers": 0.00, "segmentProfitPaperBoard": 7868.62, "segmentProfitTelecomCables": 1937.69, "segmentProfitOthers": -84.68, "segmentAssetsPaperBoard": 505875.21, "segmentAssetsTelecomCables": 36085.50, "dividendRecommended": "150 per share (150% of face value)", "previousYearDividend": "5 per share (250%)", "subsequentEvent": "Lockout at Andhra Paper Limited plant due to illegal strike starting April 27, 2026, ongoing as of May 27, 2026", "laborCodeCompliance": "New Labour Codes notified effective