{"id":297183,"date":"2026-10-09T10:36:16","date_gmt":"2026-10-09T05:06:16","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=297183"},"modified":"2026-10-09T10:36:16","modified_gmt":"2026-10-09T05:06:16","slug":"paper-and-packaging-board-stocks-strong-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/","title":{"rendered":"3 Paper and Packaging Board Stocks With a Strong Future Roadmap: JK Paper, West Coast Paper Mills and Seshasayee Paper and Boards"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>JK Paper Rs 367.35, P\/E 20.35. West Coast Paper Rs 713.10, P\/E 19.96. Seshasayee Paper Rs 229.99, P\/E 14.63. Closing prices of 8 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Paper and packaging board stocks with the clearest long-term roadmaps today include JK Paper in coated paper and packaging boards, West Coast Paper in writing paper and packaging boards and Seshasayee Paper in printing paper and packaging boards. FY26 revenue growth was 5.6% at JK Paper, 2.8% at West Coast Paper and -3.5% at Seshasayee Paper. P\/E stands at 20.35 for JK Paper (industry 19.69), 19.96 for West Coast Paper (industry 19.69) and 14.63 for Seshasayee Paper (industry 19.69). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Paper and packaging board stocks give investors exposure to producers of printing paper and the boards used in cartons and food packaging. Demand is shifting from writing paper towards packaging, so product mix and pulp costs decide margins.<\/p>\n<p>Readers comparing paper and packaging board stocks should weigh growth, margins, cash flow and valuation together instead of leaning on any single number.<\/p>\n<p>This list covers three paper and packaging stocks: JK Paper for coated paper and packaging boards, West Coast Paper Mills for writing paper and packaging boards and Seshasayee Paper and Boards for printing paper and packaging boards. Every figure comes from the latest reported financials and the 8 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=paper-and-packaging-board-stocks-strong-roadmap\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#What_Are_Paper_and_Packaging_Board_Stocks\" title=\"What Are Paper and Packaging Board Stocks?\">What Are Paper and Packaging Board Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Paper_and_Packaging_Board_Stocks_at_a_Glance\" title=\"Paper and Packaging Board Stocks at a Glance\">Paper and Packaging Board Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Why_Do_Paper_and_Packaging_Board_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Paper and Packaging Board Stocks Have a Strong Roadmap in India?\">Why Do Paper and Packaging Board Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#JK_Paper_Paper_and_Packaging_Boards_Anchor_the_Roadmap\" title=\"JK Paper: Paper and Packaging Boards Anchor the Roadmap\">JK Paper: Paper and Packaging Boards Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#West_Coast_Paper_Mills_Paper_and_Packaging_Boards_Drive_the_Pipeline\" title=\"West Coast Paper Mills: Paper and Packaging Boards Drive the Pipeline\">West Coast Paper Mills: Paper and Packaging Boards Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Seshasayee_Paper_and_Boards_Paper_and_Boards_With_a_Clean_Balance_Sheet_Build_the_Next_Leg\" title=\"Seshasayee Paper and Boards: Paper and Boards With a Clean Balance Sheet Build the Next Leg\">Seshasayee Paper and Boards: Paper and Boards With a Clean Balance Sheet Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Best_Paper_and_Packaging_Board_Stocks_in_India_JK_Paper_vs_West_Coast_Paper_vs_Seshasayee_Paper_on_Key_Financials\" title=\"Best Paper and Packaging Board Stocks in India: JK Paper vs West Coast Paper vs Seshasayee Paper on Key Financials\">Best Paper and Packaging Board Stocks in India: JK Paper vs West Coast Paper vs Seshasayee Paper on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#How_to_Evaluate_Coated_Paper_and_Packaging_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Coated Paper and Packaging Stocks to Buy Before You Invest\">How to Evaluate Coated Paper and Packaging Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Risks_to_Consider_Before_Investing_in_Paper_and_Packaging_Board_Stocks\" title=\"Risks to Consider Before Investing in Paper and Packaging Board Stocks\">Risks to Consider Before Investing in Paper and Packaging Board Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#FAQs_on_Paper_and_Packaging_Board_Stocks\" title=\"FAQs on Paper and Packaging Board Stocks\">FAQs on Paper and Packaging Board Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Which_are_the_best_paper_and_packaging_board_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best paper and packaging board stocks in India with a strong roadmap?\">Which are the best paper and packaging board stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Is_JK_Paper_a_good_stock_to_buy_now\" title=\"Is JK Paper a good stock to buy now?\">Is JK Paper a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#What_is_the_PE_ratio_of_JK_Paper_West_Coast_Paper_and_Seshasayee_Paper\" title=\"What is the P\/E ratio of JK Paper, West Coast Paper and Seshasayee Paper?\">What is the P\/E ratio of JK Paper, West Coast Paper and Seshasayee Paper?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Which_of_these_paper_and_packaging_board_stocks_has_the_highest_return_on_equity\" title=\"Which of these paper and packaging board stocks has the highest return on equity?\">Which of these paper and packaging board stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#What_are_the_risks_of_investing_in_paper_and_packaging_board_stocks\" title=\"What are the risks of investing in paper and packaging board stocks?\">What are the risks of investing in paper and packaging board stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#How_did_JK_Paper_West_Coast_Paper_and_Seshasayee_Paper_perform_in_Q1_FY27\" title=\"How did JK Paper, West Coast Paper and Seshasayee Paper perform in Q1 FY27?\">How did JK Paper, West Coast Paper and Seshasayee Paper perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#Do_paper_and_packaging_board_stocks_pay_dividends\" title=\"Do paper and packaging board stocks pay dividends?\">Do paper and packaging board stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/paper-and-packaging-board-stocks-strong-roadmap\/#How_can_I_invest_in_paper_and_packaging_board_stocks_in_India\" title=\"How can I invest in paper and packaging board stocks in India?\">How can I invest in paper and packaging board stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Paper_and_Packaging_Board_Stocks\"><\/span><strong>What Are Paper and Packaging Board Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paper and packaging board stocks are shares of companies that make coated paper, writing and printing paper and boards for packaging. Results depend on realisations, pulp and fuel costs and operating margin, so product mix and cost position separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Paper_and_Packaging_Board_Stocks_at_a_Glance\"><\/span><strong>Paper and Packaging Board Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three paper and packaging board stocks as of the 8 Oct 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/jkpaper\/jk-paper-ltd-share-price-today\">JK Paper<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">367.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,663<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.69<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.82%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.47<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/wstcstpapr\/west-coast-paper-mills-ltd-share-price-today\">West Coast Paper Mills<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">713.10<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,737<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.96<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.69<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.17%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/seshapaper\/seshasayee-paper-boards-ltd-share-price-today\">Seshasayee Paper and Boards<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">229.99<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,448<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.63<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.69<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.04%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among paper manufacturing stocks, JK Paper trades at a premium to the industry P\/E, while Seshasayee Paper trades at a discount.<\/p>\n<p>The industry P\/E gives a quick reference point when you compare paper and packaging board stocks.<\/p>\n<p>Valuation matters here because paper and packaging board stocks can look attractive on growth and still look expensive on earnings.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Paper_and_Packaging_Board_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Paper and Packaging Board Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paper and packaging board stocks have a strong roadmap in India because packaged goods and food delivery are growing, plastic curbs favour paper and domestic mills are adding board capacity. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Packaging demand:<\/strong> E-commerce and food delivery lift demand for cartons and boards.<\/li>\n<li><strong>Plastic substitution:<\/strong> Rules against single-use plastic favour paper-based packaging.<\/li>\n<li><strong>Capacity additions:<\/strong> New board lines raise volumes and value-added mix.<\/li>\n<\/ul>\n<p>Together these drivers explain why paper and packaging board stocks keep drawing investor attention.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"JK_Paper_Paper_and_Packaging_Boards_Anchor_the_Roadmap\"><\/span><strong>JK Paper: Paper and Packaging Boards Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>JK Paper&#8217;s roadmap rests on coated paper, copier paper and packaging boards, with packaging board demand and plantation-based raw material supporting volumes.<\/p>\n<p>Revenue grew from Rs 4,092.92 crore in FY22 to Rs 7,136.09 crore in FY26, a 74.4% rise, and FY26 revenue was 5.6% higher than FY25. FY26 net profit fell 33.1% to Rs 271.87 crore. Over four years, net profit fell from Rs 543.82 crore in FY22 to Rs 271.87 crore. In Q1 FY27, revenue grew 13.9% to Rs 1,918.31 crore, and net profit rose 62.1% to Rs 135.66 crore. Operating margin was 12.77% in FY26 and 17.00% in Q1 FY27 against 16.41% a year earlier.<\/p>\n<p>Debt to equity is 0.47 and return on equity is 4.82%. FY26 operating cash flow was Rs 772.84 crore against capital expenditure of Rs 503.28 crore. JK Paper paid a dividend of Rs 4 per share for FY26, a yield of 1.09%. At a P\/E of 20.35 against an industry P\/E of 19.69, the stock trades above its industry multiple.<\/p>\n<p>What to watch: FY26 net profit of Rs 271.87 Cr was lower than the Rs 406.68 Cr of FY25, and return on equity of 4.82% is modest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"West_Coast_Paper_Mills_Paper_and_Packaging_Boards_Drive_the_Pipeline\"><\/span><strong>West Coast Paper Mills: Paper and Packaging Boards Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>West Coast Paper&#8217;s roadmap rests on writing and printing paper and packaging boards, with a sizeable cash position and capacity additions supporting growth.<\/p>\n<p>Revenue grew from Rs 3,435.89 crore in FY22 to Rs 4,393.19 crore in FY26, a 27.9% rise, and FY26 revenue was 2.8% higher than FY25. FY26 net profit fell 53.6% to Rs 155.73 crore. Over four years, net profit fell from Rs 345.88 crore in FY22 to Rs 155.73 crore. In Q1 FY27, revenue grew 9.7% to Rs 1,095.93 crore, and net profit rose 135.4% to Rs 141.84 crore. Operating margin was 12.32% in FY26 and 23.59% in Q1 FY27 against 16.25% a year earlier.<\/p>\n<p>Debt to equity is 0.10 and return on equity is 4.17%. FY26 operating cash flow was Rs 400.35 crore against capital expenditure of Rs 381.32 crore. West Coast Paper paid a dividend of Rs 3 per share for FY26, a yield of 0.42%. At a P\/E of 19.96 against an industry P\/E of 19.69, the stock trades in line with its industry multiple.<\/p>\n<p>What to watch: FY26 net profit of Rs 155.73 Cr was lower than the Rs 335.64 Cr of FY25, and return on equity of 4.17% is modest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Seshasayee_Paper_and_Boards_Paper_and_Boards_With_a_Clean_Balance_Sheet_Build_the_Next_Leg\"><\/span><strong>Seshasayee Paper and Boards: Paper and Boards With a Clean Balance Sheet Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Seshasayee Paper&#8217;s roadmap rests on printing and writing paper and packaging boards, with farm-based raw material, and with a debt-free balance sheet and a steady product mix supporting the business.<\/p>\n<p>Revenue grew from Rs 1,370.73 crore in FY22 to Rs 1,759.20 crore in FY26, a 28.3% rise, and FY26 revenue was 3.5% lower than FY25. FY26 net profit fell 24.4% to Rs 82.53 crore. Over four years, net profit fell from Rs 110.02 crore in FY22 to Rs 82.53 crore. In Q1 FY27, revenue grew 26.3% to Rs 503.97 crore, and net profit rose 106.8% to Rs 31.91 crore. Operating margin was 9.37% in FY26 and 11.27% in Q1 FY27 against 8.83% a year earlier.<\/p>\n<p>Debt to equity is 0.00 and return on equity is 4.04%. FY26 operating cash flow was Rs 92.00 crore against capital expenditure of Rs 55.61 crore. Seshasayee Paper paid a dividend of Rs 2 per share for FY26, a yield of 0.83%. At a P\/E of 14.63 against an industry P\/E of 19.69, the stock trades below its industry multiple.<\/p>\n<p>What to watch: FY26 net profit of Rs 82.53 Cr was lower than the Rs 109.17 Cr of FY25, and FY26 revenue of Rs 1,759.20 Cr was 3.5% lower than FY25.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Paper_and_Packaging_Board_Stocks_in_India_JK_Paper_vs_West_Coast_Paper_vs_Seshasayee_Paper_on_Key_Financials\"><\/span><strong>Best Paper and Packaging Board Stocks in India: JK Paper vs West Coast Paper vs Seshasayee Paper on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best paper and packaging board stocks in India, JK Paper leads on FY26 revenue growth and FY26 operating margin; West Coast Paper leads on Q1 FY27 net profit growth; Seshasayee Paper leads on Q1 FY27 revenue growth and the lowest P\/E. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">JK Paper<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">West Coast Paper<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Seshasayee Paper<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,136.09<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,393.19<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,759.20<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-3.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">271.87<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">155.73<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">82.53<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-33.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-53.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-24.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.77%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.32%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.37%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 net profit growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">62.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">135.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">106.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.82%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.17%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.04%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.96<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.63<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.47<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.10<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.09%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.42%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.83%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">772.84<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">400.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">92.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Paper earnings follow realisations and input costs, so full-year numbers and quarterly trends together give a better view.<\/p>\n<p>No single metric ranks paper and packaging board stocks, so the table works as a starting point for deeper research.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Coated_Paper_and_Packaging_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Coated Paper and Packaging Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen paper and packaging board stocks and shortlist coated paper and packaging stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which is 19.69 for all three here.<\/li>\n<li>Compare operating margin across several quarters, because paper prices and pulp costs move together with a lag.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p>This process works for any basket of paper and packaging board stocks, whatever the share price level.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these paper and packaging board stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Paper_and_Packaging_Board_Stocks\"><\/span><strong>Risks to Consider Before Investing in Paper and Packaging Board Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every group of paper and packaging board stocks carries risks that sit beside the growth story.<\/p>\n<ul>\n<li><strong>Annual profit:<\/strong> JK Paper&#8217;s FY26 net profit of Rs 271.87 Cr was lower than the Rs 406.68 Cr of FY25.<\/li>\n<li><strong>Price cycle:<\/strong> Paper realisations fall when import supply rises or demand slows.<\/li>\n<li><strong>Raw material costs:<\/strong> Wood, pulp, coal and chemicals make up a large share of costs.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track JK Paper, West Coast Paper and Seshasayee Paper live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three paper manufacturing stocks cover coated paper and packaging boards, writing paper and boards, and printing paper with farm-based raw material. JK Paper leads on FY26 revenue growth and FY26 operating margin; West Coast Paper leads on Q1 FY27 net profit growth; Seshasayee Paper leads on Q1 FY27 revenue growth and the lowest P\/E.<\/p>\n<p>Used carefully, data on paper and packaging board stocks helps investors separate steady compounding from short bursts of growth.<\/p>\n<p>Across paper and packaging board stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the coated paper and packaging stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Paper_and_Packaging_Board_Stocks\"><\/span><strong>FAQs on Paper and Packaging Board Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_paper_and_packaging_board_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best paper and packaging board stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> JK Paper, West Coast Paper Mills and Seshasayee Paper and Boards stand out for their roadmaps in coated paper and packaging boards, writing paper and boards, and printing paper with farm-based raw material. FY26 revenue growth was 5.6% at JK Paper, 2.8% at West Coast Paper and -3.5% at Seshasayee Paper, and return on equity ranges from 4.04% to 4.82%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_JK_Paper_a_good_stock_to_buy_now\"><\/span><strong>Is JK Paper a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> JK Paper has a debt to equity ratio of 0.47, a return on equity of 4.82% and a P\/E of 20.35 against an industry P\/E of 19.69. Valuation, paper price cycles and raw material costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_JK_Paper_West_Coast_Paper_and_Seshasayee_Paper\"><\/span><strong>What is the P\/E ratio of JK Paper, West Coast Paper and Seshasayee Paper?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 20.35 for JK Paper (industry 19.69), 19.96 for West Coast Paper (industry 19.69) and 14.63 for Seshasayee Paper (industry 19.69). Only JK Paper and West Coast Paper trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_paper_and_packaging_board_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these paper and packaging board stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> JK Paper has the highest return on equity at 4.82%, followed by West Coast Paper Mills at 4.17% and Seshasayee Paper and Boards at 4.04%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_paper_and_packaging_board_stocks\"><\/span><strong>What are the risks of investing in paper and packaging board stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are annual profit, price cycle, raw material costs and quarterly trends. JK Paper&#8217;s FY26 net profit of Rs 271.87 Cr was lower than the Rs 406.68 Cr of FY25.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_JK_Paper_West_Coast_Paper_and_Seshasayee_Paper_perform_in_Q1_FY27\"><\/span><strong>How did JK Paper, West Coast Paper and Seshasayee Paper perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> JK Paper reported revenue of Rs 1,918.31 crore, up 13.9% year on year, and net profit rose 62.1% to Rs 135.66 crore. West Coast Paper Mills reported revenue of Rs 1,095.93 crore, up 9.7% year on year, and net profit rose 135.4% to Rs 141.84 crore. Seshasayee Paper and Boards reported revenue of Rs 503.97 crore, up 26.3% year on year, and net profit rose 106.8% to Rs 31.91 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_paper_and_packaging_board_stocks_pay_dividends\"><\/span><strong>Do paper and packaging board stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, all three companies pay dividends. The dividend yield is 1.09% for JK Paper, 0.42% for West Coast Paper and 0.83% for Seshasayee Paper, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_paper_and_packaging_board_stocks_in_India\"><\/span><strong>How can I invest in paper and packaging board stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy paper and packaging board stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best paper and packaging board stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"JK Paper, West Coast Paper Mills and Seshasayee Paper and Boards stand out for their roadmaps in coated paper and packaging boards, writing paper and boards, and printing paper with farm-based raw material. FY26 revenue growth was 5.6% at JK Paper, 2.8% at West Coast Paper and -3.5% at Seshasayee Paper, and return on equity ranges from 4.04% to 4.82%.\"}},{\"@type\":\"Question\",\"name\":\"Is JK Paper a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"JK Paper has a debt to equity ratio of 0.47, a return on equity of 4.82% and a P\/E of 20.35 against an industry P\/E of 19.69. Valuation, paper price cycles and raw material costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of JK Paper, West Coast Paper and Seshasayee Paper?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 20.35 for JK Paper (industry 19.69), 19.96 for West Coast Paper (industry 19.69) and 14.63 for Seshasayee Paper (industry 19.69). Only JK Paper and West Coast Paper trade at or above the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these paper and packaging board stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"JK Paper has the highest return on equity at 4.82%, followed by West Coast Paper Mills at 4.17% and Seshasayee Paper and Boards at 4.04%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in paper and packaging board stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are annual profit, price cycle, raw material costs and quarterly trends. 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The dividend yield is 1.09% for JK Paper, 0.42% for West Coast Paper and 0.83% for Seshasayee Paper, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in paper and packaging board stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy paper and packaging board stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>JK Paper, West Coast Paper Mills and Seshasayee Paper and Boards compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":35,"featured_media":297178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[10537,10538,10536,10540,10539],"class_list":["post-297183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-coated-paper-and-packaging-stocks-to-buy","tag-jk-paper","tag-paper-and-packaging-board-stocks","tag-seshasayee-paper-and-boards","tag-west-coast-paper-mills"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["297178"],"rank_math_title":["Paper and Packaging Board Stocks: Top 3 Roadmap Picks"],"rank_math_description":["Paper and packaging board stocks with a strong roadmap: JK Paper, West Coast Paper and Seshasayee Paper compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["paper and packaging board stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-paper-and-packaging-board-stocks-with-a-strong-future-roadmap-jk-paper-west.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=297183"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297183\/revisions"}],"predecessor-version":[{"id":297185,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/297183\/revisions\/297185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/297178"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=297183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=297183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=297183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}