Western India Plywoods Ltd
WIPL NSE
Western India Plywoods Ltd
Consumer DiscretionaryNSE: WIPL Consumer Durables
Key Fundamentals
MicrocapPlywood Boards & LaminatesConsumer GoodsMarket Cap
₹142 Cr
Volatility
Moderate
P/E Ratio
-760
EBITDA
₹3.56 Cr
Return on Equity
6.2%
Debt to Equity
0.2
Book Value
₹52.72
52W High
₹193.2
52W Low
₹133.1
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Western India Plywoods Ltd insights
29 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 85.1%
- Promoter holding has increased by 0.82% over last quarter.
Weaknesses
8- Stock is trading at 3.19 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.93% over past five years.
- Promoter holding is low: 37.9%
- Company has a low return on equity of 5.04% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.27 Cr.
- Promoter holding has decreased over last 3 years: -3.13%
Growth Rate
Revenue Growth
1.87% ↗
Net Income Growth
-86.07% ↘
Cash Flow Change
-37.54% ↘
ROE
-20.92% ↗
ROCE
-12.94% ↗
EBITDA Margin (Avg.)
-51.86% ↘
Quarterly Results
| 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 | 23.64 | 28.31 | 31.79 | 25.3 | 24.99 | 31.09 | 30.88 | 29.06 | 29.01 | 29.92 | 31.45 | 28.5 | 26.49 |
| Expenses | 22.52 | 26.3 | 28.43 | 24.79 | 24.2 | 29.13 | 29.05 | 27.09 | 27.85 | 29.1 | 29.47 | 28.89 | 26.55 |
| Operating Profit | 1.12 | 2.01 | 3.36 | 0.51 | 0.79 | 1.96 | 1.83 | 1.97 | 1.16 | 0.82 | 1.98 | -0.39 | -0.06 |
| OPM % | 4.74% | 7.1% | 10.57% | 2.02% | 3.16% | 6.3% | 5.93% | 6.78% | 4% | 2.74% | 6.3% | -1.37% | -0.23% |
| Other Income | 0.12 | 0.23 | 0.06 | 0.14 | 0.14 | 0.13 | 0.28 | 0.1 | 0.1 | 0.28 | 0.06 | 0.41 | 0.52 |
| Interest | 0.26 | 0.34 | 0.31 | 0.27 | 0.26 | 0.19 | 0.3 | 0.42 | 0.21 | 0.18 | 0.21 | 0.31 | 0.15 |
| Depreciation | 0.33 | 0.35 | 0.37 | 0.39 | 0.41 | 0.48 | 0.5 | 0.49 | 0.52 | 0.52 | 0.53 | 0.48 | 0.51 |
| PBT | 0.65 | 1.55 | 2.74 | -0.01 | 0.26 | 1.42 | 1.31 | 1.16 | 0.53 | 0.4 | 1.3 | -0.77 | -0.2 |
| Tax % | 32.31% | 28.39% | 29.93% | 800% | 42.31% | 29.58% | 32.82% | 33.62% | 35.85% | 52.5% | 36.15% | 18.18% | 50% |
| Net Profit | 0.44 | 1.11 | 1.92 | -0.09 | 0.15 | 1 | 0.88 | 0.77 | 0.34 | 0.19 | 0.83 | -0.91 | -0.3 |
| EPS in Rs | 0.61 | 1.31 | 2.26 | -0.11 | 0.18 | 1.18 | 1.04 | 0.91 | 0.4 | 0.22 | 0.98 | -1.07 | -0.35 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 96 | 89 | 86 | 92 | 101 | 97 | 85 | 100 | 108 | 109 | 116 | 119 | 116 |
| Expenses | 86 | 80 | 82 | 90 | 94 | 91 | 81 | 95 | 100 | 102 | 109 | 115 | 114 |
| Operating Profit | 11 | 9 | 3 | 2 | 7 | 6 | 4 | 4 | 7 | 7 | 7 | 4 | 2 |
| OPM % | 11% | 10% | 3.8% | 2.2% | 7% | 6% | 4.3% | 4.3% | 7% | 7% | 6% | 3% | 2% |
| Other Income | 0 | 0 | 4 | 4 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Interest | 4 | 3 | 4 | 4 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 1 | 2 | 2 | 2 |
| PBT | 5 | 3 | 1 | 0 | 2 | 2 | 0 | 1 | 5 | 5 | 4 | 1 | 1 |
| Tax % | 33% | 28% | 91% | -8600% | 46% | 34% | 71% | 73% | 31% | 31% | 32% | 69% | — |
| Net Profit | 3 | 2 | 0 | 1 | 1 | 1 | -1 | 0 | 3 | 3 | 3 | 0 | 0 |
| EPS in Rs | 3.84 | 2.47 | 0.29 | 1.04 | 1.45 | 1.47 | -0.31 | 0.57 | 4.31 | 3.98 | 3.3 | 0.53 | -0.22 |
| Div. Payout % | 18% | 28% | 0% | 0% | 62% | 0% | -261% | 142% | 0% | 30% | 36% | 189% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 27 | 28 | 29 | 29 | 31 | 31 | 31 | 30 | 33 | 35 | 37 | 36 |
| Borrowings | 33 | 34 | 31 | 31 | 27 | 22 | 17 | 18 | 17 | 19 | 18 | 9 |
| Other Liabilities | 22 | 17 | 22 | 15 | 15 | 13 | 13 | 10 | 11 | 13 | 16 | 17 |
| Total Liabilities | 91 | 88 | 90 | 84 | 81 | 74 | 68 | 66 | 70 | 76 | 80 | 71 |
| Fixed Assets | 24 | 23 | 24 | 23 | 23 | 21 | 21 | 20 | 20 | 23 | 27 | 26 |
| CWIP | 0 | 3 | 1 | 1 | 0 | 0 | 0 | 1 | 3 | 4 | 0 | 1 |
| Investments | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Assets | 67 | 62 | 65 | 59 | 58 | 52 | 46 | 45 | 46 | 48 | 52 | 44 |
| Total Assets | 91 | 88 | 90 | 84 | 81 | 74 | 68 | 66 | 70 | 76 | 80 | 71 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 8 | 12 | 5 | 4 | 7 | 7 | 10 | 2 | 15 | 3 | 2 | 7 |
| Investing | 0 | -4 | -1 | 2 | 0 | 0 | -2 | -1 | -3 | -5 | -2 | -2 |
| Financing | -7 | -7 | -4 | -5 | -7 | -8 | -7 | -1 | -2 | 0 | -3 | -11 |
| Net Cash Flow | 0 | 1 | 0 | 0 | 0 | -2 | 1 | 0 | 10 | -3 | -2 | -6 |
| Free Cash Flow | 7 | 8 | 4 | 3 | 6 | 5 | 8 | 1 | 12 | -3 | 0 | 5 |
| CFO/OP | 85 | 145 | 194 | 209 | 108 | 132 | 270 | 63 | 212 | 65 | 35 | 229 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 60 | 62 | 55 | 59 | 64 | 72 | 71 | 45 | 59 | 66 | 56 |
| Inventory Days | 372 | 373 | 387 | 295 | 253 | 254 | 204 | 150 | 123 | 117 | 145 | 125 |
| Days Payable | 64 | 63 | 70 | 50 | 48 | 49 | 56 | 37 | 27 | 40 | 51 | 55 |
| Cash Conversion Cycle | 375 | 369 | 379 | 300 | 264 | 269 | 220 | 185 | 141 | 136 | 161 | 126 |
| Working Capital Days | 70 | 71 | 58 | 102 | 100 | 114 | 120 | 99 | 53 | 54 | 56 | 59 |
| ROCE % | 12% | 10% | 3% | 4% | 7% | 6% | 2% | 4% | 11% | 10% | 9% | 4% |
Documents
Frequently Asked Questions about Western India Plywoods Ltd
What does Western India Plywoods Ltd do?
Incorporated in 1945, Western India Plywoods Ltd is a manufacturer of Wood based products including Hardboard, Plywood, and Compreg[1]
Where is Western India Plywoods Ltd (WIPL) listed?
Western India Plywoods Ltd is listed on the Indian stock exchanges. It is listed on NSE: WIPL. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Western India Plywoods Ltd belong to?
Western India Plywoods Ltd operates in the Consumer Discretionary sector within the Consumer Durables industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Western India Plywoods Ltd?
Western India Plywoods Ltd has a market capitalisation of approximately ₹141.87 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Western India Plywoods Ltd?
The Price-to-Earnings (PE) ratio of Western India Plywoods Ltd is -760.00. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Western India Plywoods Ltd?
Over the past 52 weeks, Western India Plywoods Ltd has traded between a low of ₹133.1 and a high of ₹193.2. This range helps investors understand the stock's price volatility and recent trading levels.
Does Western India Plywoods Ltd pay dividends?
Yes, Western India Plywoods Ltd has a dividend yield of 0.72%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Western India Plywoods Ltd?
Western India Plywoods Ltd has a Return on Equity (ROE) of 6.20%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Western India Plywoods Ltd on Tapetide?
On Tapetide, you can view Western India Plywoods Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1945, Western India Plywoods Ltd is a manufacturer of Wood based products including Hardboard, Plywood, and Compreg[1]