---
title: "National Plywood Industries Ltd (516062) — Share Price, Financials & Analysis"
symbol: "516062"
company: "National Plywood Industries Ltd"
canonical: "https://tapetide.com/stocks/516062"
isin: "INE497C01016"
bse_code: "516062"
sector: "Forest Materials"
industry: "Forest Products"
market_cap_cr: 6.3
generated_at: "2026-09-13T19:38:55.468Z"
---

# National Plywood Industries Ltd (516062)

Canonical page: https://tapetide.com/stocks/516062

## Company

- **BSE Code:** 516062
- **ISIN:** INE497C01016
- **Sector:** Forest Materials
- **Industry:** Forest Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** nationalplywood.net

## About

National Plywood Industries Ltd is a former manufacturer and marketer of plywood, block boards, decorative laminates and allied interior products. Its Assam plywood facility has been non-operational since July 2020, while its Tamil Nadu laminate facility has been closed since 2017. The company remains under CIRP; in January 2026, NCLT rejected the previously selected resolution plan and ordered a fresh resolution-plan process. [1] [2]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:33:30.220030Z.

- **Market Cap:** ₹6.3 Cr
- **Classification:** Microcap
- **P/E (reported):** -3.3
- **Book Value:** ₹-3.6
- **Price to Book:** -0.71
- **Dividend Yield:** 0%
- **ROE:** -9.8%
- **ROCE:** 16.51%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹41.1 Cr
- **Net Income:** ₹0.7 Cr
- **EBITDA:** ₹1.5 Cr
- **52-Week High:** ₹6.36
- **52-Week Low:** ₹1.65
- **RSI (14):** 34.54

## Key Insights

### Strengths

- Debtor days have improved from 180 to 138 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.54% over past five years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -668.31% | — | -138.85% |
| ebitda margin growth | 69.23% | 24.31% | 100% | -90.48% |
| net income growth | 57.14% | 75% | -44% | 28% |
| revenue growth | -81.36% | -6.38% | -9% | -2% |
| roce | — | -350.15% | -362.9% | -34.25% |
| roe | — | 790.91% | -3.82% | -86.45% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.85 | 7.61 | 12.71 | 10.13 | 11.25 | 7.58 | 7.37 | 10.23 | 14.63 | 13.02 | 10.71 | 2.11 |
| Expenses | 14.66 | 9.06 | 12.11 | 9.54 | 11.93 | 7.22 | 7.16 | 9.39 | 15.88 | 12.56 | 13.01 | 2.6 |
| Operating Profit | -2.81 | -1.45 | 0.6 | 0.59 | -0.68 | 0.36 | 0.21 | 0.84 | -1.25 | 0.46 | -2.3 | -0.49 |
| OPM % | -23.71 | -19.05 | 4.72 | 5.82 | -6.04 | 4.75 | 2.85 | 8.21 | -8.54 | 3.53 | -21.48 | -23.22 |
| Other Income | 4.61 | 0.04 | 0.06 | 0.02 | 2.08 | 0.02 | 0.17 | 0.05 | 1.08 | 0.05 | 1.05 | 0.11 |
| Interest | 0.01 | 0.04 | 0.11 | 0.08 | 0.02 | 0 | 0.03 | 0.09 | 0.08 | 0.02 | 0.06 | 0.06 |
| Depreciation | 0.17 | 0.15 | 0.15 | 0.15 | 0.12 | 0.14 | 0.14 | 0.14 | -0.1 | 0.09 | 0.06 | 0.12 |
| Profit before tax | 1.62 | -1.6 | 0.4 | 0.38 | 1.26 | 0.24 | 0.21 | 0.66 | -0.15 | 0.4 | -1.37 | -0.56 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146.67 | 0 | 0 | 0 |
| Net Profit | 1.62 | -1.6 | 0.4 | 0.38 | 1.26 | 0.24 | 0.2 | 0.65 | -0.38 | 0.4 | -1.37 | -0.55 |
| EPS in Rs | — | — | — | — | — | — | 0.08 | 0.26 | -0.15 | 0.16 | -0.56 | -0.22 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 23.32 | 31.24 | 33.2 | 42.99 | 38.74 | 52.75 | 43.76 | 41.66 | 39.79 | 40.47 |
| Expenses | 25.1 | 31.06 | 33.99 | 43.13 | 51.44 | 52.06 | 47.82 | 42.59 | 39.64 | 44.05 |
| Operating Profit | -1.78 | 0.18 | -0.79 | -0.14 | -12.7 | 0.69 | -4.06 | -0.93 | 0.15 | -3.58 |
| OPM % | -7.63 | 0.58 | -2.38 | -0.33 | -32.78 | 1.31 | -9.28 | -2.23 | 0.38 | -8.85 |
| Other Income | 0.49 | 0.06 | 0.94 | 0.24 | 43.72 | 1.77 | 4.93 | 2.2 | 1.32 | 2.29 |
| Interest | 0.03 | 0.04 | 0.06 | 0.06 | 0.07 | 0.07 | 0.1 | 0.26 | 0.2 | 0.22 |
| Depreciation | 0.33 | 0.31 | 0.31 | 0.27 | 0.31 | 0.43 | 0.54 | 0.57 | 0.33 | 0.17 |
| Profit before tax | -1.65 | -0.11 | -0.22 | -0.23 | 30.64 | 1.96 | 0.23 | 0.44 | 0.94 | -1.68 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.4 | — |
| Net Profit | -1.65 | -0.11 | -0.22 | -0.23 | 30.64 | 1.96 | 0.23 | 0.44 | 0.72 | -1.9 |
| EPS in Rs | — | — | — | — | — | — | — | — | 0.29 | -0.77 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5.85 | 5.85 | 5.85 | 5.85 | 5.85 | 5.85 | 5.85 | 5.85 | 24.64 | 24.64 |
| Reserves | -78.32 | -78.43 | -78.65 | -78.88 | -48.23 | -46.27 | -46.04 | -45.61 | -31.98 | -32.95 |
| Borrowings | 60.16 | 61.39 | 60.5 | 58.54 | 14.31 | 19.32 | 21.01 | 10.22 | 10.77 | 10.89 |
| Other Liabilities | 47.5 | 48.9 | 52.74 | 60.9 | 70.03 | 71.72 | 69.44 | 75.08 | 38.46 | 25.02 |
| Total Liabilities | 35.19 | 37.71 | 40.44 | 46.41 | 41.96 | 50.62 | 50.26 | 45.54 | 41.89 | 27.6 |
| Fixed Assets | 11.4 | 11.13 | 10.86 | 10.95 | 12.16 | 11.9 | 11.6 | 11.11 | 10.95 | 10.46 |
| CWIP | 0.25 | 0.25 | 0.69 | 1.74 | 0 | 0 | 0 | 0 | 0.1 | 0.1 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other Assets | 23.53 | 26.32 | 28.88 | 33.71 | 29.79 | 38.71 | 38.65 | 34.42 | 30.83 | 17.03 |
| Total Assets | 35.19 | 37.71 | 40.44 | 46.41 | 41.96 | 50.62 | 50.26 | 45.54 | 41.89 | 27.6 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 4.22 | -0.84 | -2.2 | 7.93 | 36.19 | -0.73 | -0.79 | -1.83 | -14.06 |
| Cash from Investing Activity | 2.86 | -0.39 | -0.04 | -0.47 | -1.4 | -31.26 | -0.16 | -0.25 | 0 | 0.34 |
| Cash from Financing Activity | -2.58 | -4.14 | 1.03 | 2.73 | -6.67 | -4.88 | 0.99 | 0.9 | 2.34 | 15.36 |
| Net Cash Flow | 0.28 | -0.31 | 0.15 | 0.06 | -0.14 | 0.05 | 0.11 | -0.14 | 0.51 | 1.63 |
| Free Cash Flow | 2.86 | 3.83 | -0.88 | -2.67 | 6.53 | 4.93 | -0.89 | -1.04 | -1.91 | -13.83 |
| CFO/OP | 0 | -237 | -467 | 278 | -5664 | -285 | -106 | 19 | 197 | -9227 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 171.96 | 159.02 | 155.04 | 158.09 | 135.59 | 151.41 | 167.24 | 211.28 | 190.3 | 138.06 |
| Inventory Days | 162.64 | 142.62 | 100.75 | 110.18 | 124.96 | 81.55 | 79.26 | 72.89 | 77.81 | 80.71 |
| Days Payable | 534.59 | 105.56 | 71.89 | 229.62 | 239.45 | 266.07 | 256.81 | 331.87 | 405.1 | 201.48 |
| Cash Conversion Cycle | -199.99 | 196.09 | 183.9 | 38.66 | 21.09 | -33.11 | -10.3 | -47.7 | -136.99 | 17.29 |
| Working Capital Days | -403.19 | -944.43 | -662.7 | -628.31 | -579.81 | -338.81 | -161.36 | -181.08 | -223.85 | -99.44 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2020 |
| --- | --- |
| Promoters | 40.43% |
| FIIs | 0% |
| DIIs | 0% |
| Government | 0% |
| Public | 43.26% |
| Others | 16.32% |
| No. of Shareholders | 5289 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 4 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.6 | Sell |
| EMA (10) | 2.61 | Sell |
| SMA (20) | 2.69 | Sell |
| EMA (20) | 2.67 | Sell |
| SMA (50) | 2.6 | Sell |
| EMA (50) | 3.7 | Sell |
| SMA (100) | 8.81 | Sell |
| EMA (100) | 5.31 | Sell |
| SMA (200) | 6.29 | Sell |
| EMA (200) | 5.99 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.8 | Neutral |
| MACD (12,26,9) | -0.15 | Buy |
| Stochastic (14,3,3) | 5.56 | Buy |
| ADX (14) | 5.89 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.17 | High Volatility |
| ROC (12) | -7.27 | Sell |
| Stoch RSI (14) | 3.27 | Buy |
| UO (7,14,28) | 44.66 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2020-08-12 | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd03b0e4-e64f-48c6-b61a-d15bd104287a.pdf) |
| 2020-07-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=402b0d00-d2bc-4dc7-988d-c6b177ef1347.pdf) |
| 2020-07-08 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17d12d57-af96-4cb7-898f-0a385578f961.pdf) |
| 2020-05-29 | [CERTIFICATE UNDER REGULATION 40(10)OF SEBI LODR, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94b02944-7bcf-40dd-be52-c2e9d89cdcfc.pdf) |
| 2020-05-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73f105ff-289f-4d57-9a72-030798d846c0.pdf) |
| 2020-05-29 | [Compliance Certificate In Terms Of Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half Year Ended 31St March, 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1970ccfa-0c3c-4045-ad86-07ebaaf22d1b.pdf) |
| 2020-05-29 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=730ef324-1a4f-4b84-872d-2a99ffdd6b2e.pdf) |
| 2020-05-06 | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a966643-a302-4381-b331-c7296c128556.pdf) |
| 2020-03-13 | [Announcement Under Regulation 30 Of SEBI(LODR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fab88830-5db7-461f-b473-c5d733025d6c.pdf) |
| 2020-02-13 | [Un-Audited Financial Results For The Quarter Ended 31St December, 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44c2e983-60e6-4cd0-906d-6d19bfd2677b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jul 2020 - The details of securities dematerialized / rematerialized during the aforesaid period as required under Regulation 74(5) of SEBI (Depository and Participants) Regulations 2018, have been … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jul 2020 - The details of securities dematerialized / rematerialized during the aforesaid period as required under Regulation 74(5) of SEBI (Depository and Participants) Regulations 2018, have been …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/402b0d00-d2bc-4dc7-988d-c6b177ef1347.pdf) |
| 12 Aug 2020 - Our office was shut under lockdown order of the Central & State Governments due to the COVID-19 pandemic. We are facing an unprecedented situation. Cities … | [Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP) 12 Aug 2020 - Our office was shut under lockdown order of the Central & State Governments due to the COVID-19 pandemic. We are facing an unprecedented situation. Cities …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd03b0e4-e64f-48c6-b61a-d15bd104287a.pdf) |
| — | [Closure of Trading Window 8 Jul 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/17d12d57-af96-4cb7-898f-0a385578f961.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/516062/5160620319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/516062/5160620318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/516062/5160620317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/516062/5160620316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/516062/5160620315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/516062/5160620314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2013/NATIONAL_PLYWOOD_INDS_LTD-516062-MARCH-2013.PDF) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2010/NATIONAL_PLYWOOD_INDS_LTD-516062-MARCH-2010.PDF) |
| from bse | [Annual Report 2009 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2009/NATIONAL_PLYWOOD_INDS_LTD-516062-MARCH-2009.PDF) |
| from bse | [Annual Report 2008 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2008/NATIONAL_PLYWOOD_INDS_LTD-516062-MARCH-2008.PDF) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:38:55.468Z.