West Coast Paper Mills Limited
NSE: WSTCSTPAPRPaper & Paper Products
Share price
₹727.65
+2.04% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
48
out of 100 · worked out 9 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹4,730 Cr
P/E ratio
20.7
P/B ratio
1.3
ROCE
6.2%
ROE
4.3%
Dividend yield
0.4%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 7.9% over the past year, and 12.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 21.2% to 11.5% over the last four years.
Whether it grew faster than its sector
It grew 12.0% a year against a sector median of 10.3% — 1.7 percentage points faster.
Room to re-rate, or risk of de-rating
At 20.7× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 17.4×, across 5 companies. It is against its own five-year median of 7.4×, the 92nd percentile of its own range.
Whether growth justifies the valuation
Its earnings are falling, so growth cannot justify the price.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| West Coast Paper Mills Limited — this one | -46%/yr | 20.7× | — |
| JK Paper Limited | -40%/yr | 20.2× | — |
| Seshasayee Paper and Boards Limited | -41%/yr | 13.5× | — |
| ANDHRA PAPER LIMITED | -67%/yr | 48.0× | — |
| N R Agarwal Industries Limited | -22%/yr | 17.4× | — |
| Tamil Nadu Newsprint & Papers Limited | -14%/yr | 3.7× | — |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Paper & Paper Products), it ranks 9 of 22 on returns, 9 of 22 on growth, 9 of 22 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 6.2% on capital, ahead of 59% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹3092 crore of cash from the business, spent ₹1578 crore on plant and equipment, and returned ₹824 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 9 years, about 132 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 11 days for its cash to waiting 52 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
8 of 10 checks clear · 80%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue rose 10.1% year on year and net profit more than doubled to Rs 141.84 crore.
Announced 12 Aug 2026 · Consolidated · Unaudited
Revenue
₹1,051 Cr
Revenue vs last year
+10.1%
Revenue vs last quarter
-15.6%
Net profit
₹142 Cr
Profit vs last year
+136.4%
Profit vs last quarter
+162.7%
Net margin
13.5%
EPS
₹20.21
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹4,730 Cr
- Prev close
- ₹727.65
- 52w High
- ₹777
- 52w Low
- ₹375
- Enterprise value
- ₹3,879 Cr
- Beta
- 1.1
- Price CAGR 1y
- 53.0%
- Price CAGR 3y
- 3.0%
- Price CAGR 5y
- 21.0%
- Price CAGR 10y
- 19.0%
Ratios
- Return on assets
- 2.9%
- PEG ratio
- -0.5
- P/E ratio
- 20.7
- P/B ratio
- 1.3
- EV / EBITDA
- 7.7
- Industry P/E
- 15.3
- ROCE
- 6.2%
- ROCE 5y average
- 23.8%
- ROE
- 4.3%
- Debt / Equity
- 0.1
- Interest coverage
- 6.6
- Dividend yield
- 0.4%
- ROE 3y average
- 12.0%
- ROE last year
- 4.0%
Annual P&L
- Annual revenue
- ₹4,279 Cr
- Annual profit
- ₹156 Cr
- Operating margin
- 10.0%
- Net profit margin
- 3.6%
- EBITDA margin
- 9.7%
- Sales growth 3y
- -4.6%
- Sales growth 5y
- 13.8%
- Profit growth 3y
- -46.0%
- Profit growth 5y
- 115.0%
- EPS
- ₹22.8
- Sales growth TTM
- 8.0%
- Profit growth TTM
- -9.0%
- Dividend payout
- 13.0%
Quarter P&L
- Sales latest quarter
- ₹1,051 Cr
- Profit latest quarter
- ₹142 Cr
- YoY quarterly sales growth
- 10.1%
- YoY quarterly profit growth
- 136.7%
- OPM latest quarter
- 19.3%
Balance Sheet
- Book Value
- ₹555
- Face Value
- ₹2.0
- Total debt
- ₹345 Cr
- Total cash
- ₹38 Cr
- Borrowings
- ₹345 Cr
- Reserves / Equity
- 276.5
Cash Flow
- Operating cash flow
- ₹400 Cr
- Free cash flow
- ₹19 Cr
- FCF yield
- -0.5%
- Net cash flow
- ₹7 Cr
Shareholding
- Promoter holding
- 56.6%
- FII holding
- 2.6%
- DII holding
- 13.6%
- Public holding
- 27.2%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| JK Paper | 368.35 | 20.4 | 6,679 | 1.03 | 136.3 | 64.5 | 1,887.2 | 13.6 | 7.4 |
| West Coast Paper | 709.00 | 20.4 | 4,683 | 0.41 | 141.8 | 145.4 | 1,051.3 | 10.1 | 6.2 |
| Seshasayee Paper | 229.05 | 14.6 | 1,445 | 0.87 | 31.9 | 106.8 | 492.1 | 27.7 | 5.6 |
| Andhra Paper | 67.45 | 48.5 | 1,341 | 0.71 | 30.3 | 42.3 | 393.8 | 0.1 | 0.0 |
| N R Agarwal Inds | 652.75 | 16.8 | 1,111 | 0.30 | 35.0 | 111.4 | 647.0 | 43.1 | 8.5 |
| T N Newsprint | 138.35 | 3.6 | 958 | 2.91 | 5.7 | 177.5 | 1,146.6 | 0.4 | 6.4 |
| Pudumjee Paper | 93.49 | 9.7 | 888 | 0.65 | 33.7 | -7.0 | 202.9 | 3.3 | 18.1 |
| Median | 93.49 | 16.7 | 342 | 0.30 | 6.2 | 42.3 | 201.2 | 7.1 | 6.2 |
Competes with: ANDHRA PAPER LIMITED, Astron Paper & Board Mill Limited, Balkrishna Paper Mills Limited, Emami Paper Mills Limited, Genus Paper & Boards Limited, JK Paper Limited, Kuantum Papers Limited, Magnum Ventures Limited, Malu Paper Mills Limited, N R Agarwal Industries Limited, Orient Paper & Industries Limited, PAKKA LIMITED, Pudumjee Paper Products Limited, Ruchira Papers Limited, Satia Industries Limited, Seshasayee Paper and Boards Limited, Shree Ajit Pulp & Paper Limited, Shree Rama Newsprint Limited, Shreyans Industries Limited, Star Paper Mills Limited, Tamil Nadu Newsprint & Papers Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,139 | 1,194 | 1,045 | 1,070 | 960 | 1,045 | 1,016 | 1,041 | 955 | 1,043 | 1,036 | 1,245 | 1,051 |
| Expenses | 744 | 884 | 828 | 900 | 785 | 903 | 933 | 961 | 844 | 975 | 959 | 1,088 | 848 |
| Material Cost | 658 | 687 | 662 | 700 | 705 | 680 | |||||||
| Change in Inventories | 4.06 | -118 | 21 | -25 | 98 | -100 | |||||||
| Purchases of Stock-in-Trade | 0.10 | 0.45 | 0.03 | 0.00 | 0.16 | 0.02 | |||||||
| Employee Cost | 94 | 101 | 104 | 110 | 108 | 104 | |||||||
| Other Expenses | 205 | 174 | 188 | 189 | 177 | 164 | |||||||
| Operating Profit | 395 | 310 | 218 | 170 | 176 | 142 | 83 | 81 | 110 | 68 | 77 | 157 | 203 |
| OPM % | 35 | 26 | 21 | 16 | 18 | 14 | 8.13 | 7.75 | 12 | 6.52 | 7.40 | 13 | 19 |
| Other Income | 35 | 35 | 41 | 59 | 42 | 54 | 69 | 45 | 45 | 23 | 45 | 3 | 45 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 7 | 6 | 6 | 6 | 7 | 8 | 10 | 13 | 11 | 10 | 11 | 10 | 8 |
| Depreciation | 44 | 46 | 46 | 49 | 47 | 53 | 53 | 57 | 58 | 62 | 63 | 65 | 59 |
| Profit before tax | 379 | 294 | 207 | 174 | 163 | 135 | 89 | 56 | 86 | 19 | 47 | 85 | 181 |
| Tax % | 27 | 26 | 23 | 25 | 26 | 26 | 24 | 18 | 30 | 37 | 37 | 36 | 22 |
| Net Profit | 278 | 219 | 159 | 130 | 122 | 101 | 67 | 46 | 60 | 12 | 30 | 54 | 142 |
| EPS in Rs | 37 | 29 | 21 | 18 | 17 | 13 | 9.72 | 6.66 | 8.23 | 2.65 | 4.07 | 7.85 | 20 |
| Diluted EPS in Rs | 6.66 | 8.24 | 2.65 | 4.07 | 7.85 | 20 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,710 | 1,979 | 2,493 | 2,245 | 3,378 | 4,921 | 4,448 | 4,062 | 4,278 | 4,375 |
| Expenses | 1,348 | 1,468 | 1,875 | 1,983 | 2,740 | 3,274 | 3,353 | 3,568 | 3,865 | 3,870 |
| Material Cost | 2,538 | 2,746 | ||||||||
| Change in Inventories | -91 | -24 | ||||||||
| Purchases of Stock-in-Trade | 0.18 | 0.64 | ||||||||
| Employee Cost | 398 | 424 | ||||||||
| Other Expenses | 737 | 719 | ||||||||
| Operating Profit | 362 | 511 | 618 | 261 | 638 | 1,647 | 1,095 | 494 | 414 | 505 |
| OPM % | 21 | 26 | 25 | 12 | 19 | 33 | 25 | 12 | 10 | 12 |
| Other Income | 18 | 20 | 52 | 12 | 54 | 58 | 167 | 198 | 114 | 115 |
| Exceptional items (within Other Income) | 0 | 0 | ||||||||
| Interest | 42 | 29 | 75 | 70 | 59 | 37 | 24 | 38 | 42 | 38 |
| Depreciation | 116 | 176 | 198 | 229 | 213 | 189 | 185 | 210 | 248 | 250 |
| Profit before tax | 222 | 326 | 397 | -26 | 420 | 1,478 | 1,053 | 444 | 237 | 332 |
| Tax % | -0 | 9 | -2 | -83 | 18 | 26 | 25 | 24 | 34 | |
| Net Profit | 223 | 296 | 406 | -4 | 346 | 1,087 | 786 | 336 | 156 | 237 |
| EPS in Rs | 34 | 45 | 56 | -0.47 | 46 | 143 | 105 | 47 | 23 | 35 |
| Diluted EPS in Rs | 47 | 23 | ||||||||
| Dividend Payout % | 12 | 11 | 9 | -213 | 13 | 7 | 8 | 11 | 13 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- 14%
- 3 years
- -5%
- TTM
- 8%
Compounded profit growth
- 10 years
- —
- 5 years
- 115%
- 3 years
- -46%
- TTM
- -9%
Stock price CAGR
- 10 years
- 19%
- 5 years
- 21%
- 3 years
- 3%
- 1 year
- 53%
Return on equity
- 10 years
- —
- 5 years
- 18%
- 3 years
- 12%
- Last year
- 4%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 826 | 1,090 | 1,375 | 1,376 | 1,673 | 2,568 | 3,228 | 3,478 | 3,595 |
| Borrowings | 315 | 361 | 753 | 662 | 478 | 231 | 276 | 456 | 345 |
| Other Liabilities | 436 | 455 | 1,043 | 1,018 | 1,094 | 1,361 | 1,600 | 1,565 | 1,502 |
| Minority Interest | 579 | 578 | |||||||
| Total Liabilities | 1,590 | 1,920 | 3,184 | 3,069 | 3,259 | 4,173 | 5,118 | 5,512 | 5,455 |
| Fixed Assets | 1,035 | 991 | 2,018 | 1,873 | 1,757 | 1,659 | 1,882 | 2,126 | 2,182 |
| CWIP | 3 | 37 | 57 | 34 | 22 | 55 | 210 | 172 | 290 |
| Investments | 1 | 223 | 45 | 220 | 472 | 1,310 | 1,730 | 1,604 | 1,492 |
| Other Assets | 551 | 669 | 1,065 | 942 | 1,008 | 1,149 | 1,296 | 1,610 | 1,491 |
| Total Assets | 1,590 | 1,920 | 3,184 | 3,069 | 3,259 | 4,173 | 5,118 | 5,512 | 5,455 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 326 | 394 | 649 | 338 | 591 | 1,238 | 764 | 99 | 400 |
| Cash from Investing Activity | -139 | -382 | -858 | -166 | -289 | -894 | -714 | -172 | -188 |
| Cash from Financing Activity | -194 | -12 | 218 | -167 | -295 | -334 | -61 | 72 | -206 |
| Net Cash Flow | -6 | -1 | 9 | 5 | 7 | 10 | -11 | -0 | 7 |
| Free Cash Flow | 180 | 225 | 536 | 265 | 528 | 1,077 | 240 | -350 | 19 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 25 | 30 | 21 | 33 | 26 | 25 | 21 | 31 | 33 |
| Inventory Days | 137 | 159 | 167 | 128 | 85 | 88 | 117 | 136 | 113 |
| Days Payable | 81 | 67 | 63 | 64 | 59 | 54 | 56 | 52 | 37 |
| Cash Conversion Cycle | 82 | 123 | 124 | 98 | 52 | 58 | 81 | 115 | 109 |
| Working Capital Days | 24 | 18 | 18 | 7 | 11 | 13 | 21 | 50 | 52 |
| ROCE % | 27 | 24 | 2 | 20 | 53 | 29 | 11 | 6 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
-851inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
1,02,90,306inr
2026-03-31
News
News and filings about West Coast Paper Mills Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- ANDHRA PAPER LIMITED
- Astron Paper & Board Mill Limited
- Balkrishna Paper Mills Limited
- Emami Paper Mills Limited
- Genus Paper & Boards Limited
- JK Paper Limited
- Kuantum Papers Limited
- Magnum Ventures Limited
- Malu Paper Mills Limited
- N R Agarwal Industries Limited
- Orient Paper & Industries Limited
- PAKKA LIMITED
- Pudumjee Paper Products Limited
- Ruchira Papers Limited
- Satia Industries Limited
- Seshasayee Paper and Boards Limited
- Shree Ajit Pulp & Paper Limited
- Shree Rama Newsprint Limited
- Shreyans Industries Limited
- Star Paper Mills Limited
- Tamil Nadu Newsprint & Papers Limited
Depends on the price of
- coal
- timber/logs
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Forest Materials
- Industry
- Paper & Paper Products
- Classification
- Forest Materials › Paper & Paper Products
- ISIN
- INE976A01021
Business segments
- Paper and Paper Board · 92%
- Telecommunication Cables · 8%
- Others · 0%
Plants
- Dandeli Paper & Paperboard Division
- West Coast Optilinks optical-fibre plant
News impact
Big market events that reach West Coast Paper Mills Limited, and how the effect spreads.
28 Sept, 21:37 IST · Market event · medium impact
IRFC Backs DVC Renewable Projects With Rs 4,200-Crore Term Loan
Indian Railway Finance lent Rs 4,200 crore to Damodar Valley for solar and batteries, helping the lender and green builders while paper and textile namesakes gain nothing.
Who it hits first
- Indian Railway Finance Corporation, the government lender that funds railways and power projects, signed a Rs 4,200 crore long-term loan with Damodar Valley Corporation, the power utility serving Jharkhand and West Bengal.
- Damodar Valley will use the money to build sun-power (solar) plants and big batteries that store power for later use across the two states.
- This is a straight loan deal, not a takeover: Indian Railway Finance earns interest over years, while Damodar Valley gets cash to build now.
Who may gain
- Indian Railway Finance Corporation (infrastructure lender) — adds Rs 4,200 crore to its loan book and earns interest for years
- Damodar Valley Corporation, the unlisted power utility — gets long-term cash to build solar and battery plants
- Builders and equipment sellers for solar panels and batteries in Jharkhand and West Bengal — more project work ahead
Along the supply chain
Downstream
Once built, the solar and battery plants will feed more clean power to the eastern grid for homes, shops, and factories in Jharkhand and West Bengal, with no direct hit to paper or textile mills wrongly matched by name.
Upstream
Makers of solar modules, battery cells, inverters, steel frames, and cables, plus construction and transport firms, stand to sell more to Damodar Valley's Jharkhand and West Bengal sites as the Rs 4,200 crore is spent.
Where demand moves
Business
Damodar Valley gains buying power for solar panels, batteries, cables, and construction work in Jharkhand and West Bengal, so local contractors and equipment makers see more orders; Indian Railway Finance gains a large borrower that will pay interest, but rival lenders win no new work from this deal.
Capital
About Rs 4,200 crore of loan capital flows from Indian Railway Finance to Damodar Valley in stages as projects are built, lifting the lender's interest-earning book; investors may warm slightly to power-finance shares like Power Finance and REC on the mood, without any fresh cash reaching them.
How it spreads across sectors
Financial Services
Power lenders cheer a big Rs 4,200 crore green deal as proof of more loan demand, though only Indian Railway Finance books the income.
Power
More solar and battery power planned for the East supports the clean-energy shift, with no near-term pain for big thermal plants.
A pattern seen before
Cascade chain
- IRFC Rs 4,200-cr loan → DVC solar + battery build in Jharkhand/West Bengal
- DVC solar + storage → more renewable power for eastern grid
- More renewables → Power sector green mix rises, thermal share eases over time
Pattern name
Energy Transition Cascade
Patterns
- Energy Transition Cascade
Sectors queried
- Auto
- Oil & Gas
When it plays out
Immediate
Indian Railway Finance shares may edge up on the loan news while Damodar Valley starts tendering early solar and battery work.
Medium term
First loan money is drawn as sites are readied, and Indian Railway Finance starts booking interest income step by step.
Short term
Contractors bid for panels, batteries, and building jobs in Jharkhand and West Bengal; rival lenders see mood-only moves.
24 Sept, 18:42 IST · Market event · medium impact
Adani Arogya Mandir: Gautam Adani announces ₹4,000 cr Bengal project; 2,000-bed facility likely to create 10,000+ jobs
Adani will build a Rs 4,000 crore, 2,000-bed hospital in Bengal, giving Adani Enterprises a small sentiment lift and future work for builders, with no harm to miners or paper makers.
Who it hits first
- Gautam Adani announced more than Rs 4,000 crore for Adani Arogya Mandir, a 2,000-bed hospital in West Bengal with a medical college and research rooms.
- The plan promises over 10,000 jobs and cheaper care for poorer patients.
- For Adani Enterprises, the listed group company that starts new Adani businesses, this is a long build that costs money now and can only earn once the hospital opens.
Who may gain
- Adani Enterprises, the group company that starts new Adani businesses, if the hospital becomes a lasting healthcare business
- Construction firms, equipment sellers, and medical staff in Bengal who get work once building starts
- Patients in Bengal, especially poorer families promised low-cost beds
Along the supply chain
Downstream
Downstream are the patients, pharmacies, labs, and colleges that will use the beds and classrooms once open; today no listed hospital loses paying patients because the building is only announced.
Upstream
Upstream are the builders and sellers of steel, cement, and medical machines that a 2,000-bed hospital needs, but the pack names no winning contractor, so no single listed supplier can claim the work yet.
Where demand moves
Business
New building demand appears in Bengal for masons, steel, cement, and hospital machines, and later steady demand for drugs, devices, and nurses; Adani mining rivals and paper mills see no new orders from this.
Capital
About Rs 4,000 crore of Adani money will flow into land and building over years; the market may nudge Adani Enterprises up a little on the growth story, but no wave of buying spreads to miners or paper stocks.
How it spreads across sectors
Construction
A Rs 4,000 crore build is a small plus for Bengal builders, too small to lift the whole construction sector.
Healthcare
One future 2,000-bed hospital adds beds in Bengal but does not change drug sales or hospital earnings across India today.
Metals & Mining
No change — coal and metal sellers face the same demand as before.
When it plays out
Immediate
In the next few days, headlines and a small sentiment lift for Adani Enterprises; no change in sales or earnings.
Medium term
In the next few months, early ground work and costs appear; hospital income is still years away.
Short term
In the next few weeks, talk of tenders and contractors; paper and mining shares stay flat on this news.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 10 Aug 2026 | unspecified | ₹3 |
|---|---|---|
| 14 Aug 2025 | unspecified | ₹5 |
| 6 Aug 2024 | unspecified | ₹8 |
| 9 Aug 2023 | unspecified | ₹10 |
| 8 Aug 2022 | unspecified | ₹6 |
| 15 Sep 2021 | unspecified | ₹1 |
| 19 Mar 2020 | interim | ₹5 |
| 22 Jul 2019 | unspecified | ₹5 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 29 Sep 2026 | AARYAN BANGUR · Promoter | BUY | 2,50,000 | — |
| 25 Aug 2026 | PRITI KACHOLIA · Directors Immediate Relative | BUY | 2,000 | 0.12 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2621 Jul 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.