Mumbai, Nov. 27 -- The agency has also affirmed the company's short-term rating at '[ICRA] A1+'.

ICRA stated that the ratings reaffirmation of West Coast Paper Mills (WCPL) considers expectation that the company's satisfactory credit profile would continue in FY2026, supported by its robust capacity utilisation level and strong liquidity position.

The ratings also factor in the established market position of WCPL and its subsidiary, Andhra Paper (APL), in the domestic writing and printing paper (WPP) industry, WCPL's capabilities in manufacturing a variety of wood-free paper, cupstocks, special grade papers, among others.

Besides, its integrated nature of operations with adequate in-house capacity to manufacture virgin pulp, along with...