Share Price and Basic Stock Data
Last Updated: January 22, 2026, 7:12 pm
| PEG Ratio | 1.65 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Western India Plywoods Ltd (WIPL), operating in the Decoratives – Wood/Fibre/Others industry, reported a price of ₹146 and a market capitalization of ₹124 Cr. The company’s revenue from operations has shown a steady increase over recent years, with sales rising from ₹100 Cr in FY 2022 to ₹108 Cr in FY 2023, and further to ₹109 Cr in FY 2024. For the trailing twelve months (TTM), sales stood at ₹119 Cr. Quarterly sales figures also reflect fluctuations, with the most recent quarter, September 2023, reporting sales of ₹28.31 Cr, a slight decline from ₹29.15 Cr in December 2022. This pattern suggests a seasonal variation in sales, typical for the industry, where demand can be influenced by construction cycles and consumer trends. The company must navigate these fluctuations to maintain growth, as the overall market for decorative wood products remains competitive, with players vying for market share in a recovering economy.
Profitability and Efficiency Metrics
WIPL’s profitability metrics reveal a mixed performance. The operating profit margin (OPM) was reported at 2.74%, which is relatively low compared to industry standards, indicating challenges in controlling costs. However, the company recorded an improvement in OPM in the latest quarter (December 2023) at 10.57%. The net profit for the same quarter was ₹1.92 Cr, showcasing a recovery from the previous quarter’s net profit of ₹1.11 Cr. Return on equity (ROE) stood at 6.32%, while return on capital employed (ROCE) was reported at 8.52%. These figures highlight that while WIPL is generating profits, the returns on capital invested are modest, suggesting opportunities for operational improvements. The cash conversion cycle of 161 days indicates a lengthy process in converting investments into cash, which could strain liquidity if not managed effectively.
Balance Sheet Strength and Financial Ratios
WIPL’s balance sheet demonstrates a moderate level of financial stability, with total borrowings reported at ₹20 Cr against reserves of ₹36 Cr. The current ratio stood at 2.13, indicating a strong liquidity position, as it exceeds the typical benchmark of 1.5 for healthy companies. The interest coverage ratio (ICR) was reported at 6.17, illustrating the company’s ability to meet interest obligations comfortably. However, with a price-to-book value (P/BV) ratio of 3.38x, the stock appears overvalued compared to its book value of ₹53.41 per share. Additionally, the debt-to-equity ratio of 0.40 reflects a conservative approach to leveraging, which may limit growth potential but reduces financial risk. Overall, while the balance sheet shows resilience, the company must enhance profitability to leverage its solid financial foundation for future growth.
Shareholding Pattern and Investor Confidence
WIPL’s shareholding structure indicates a stable ownership landscape, with promoters holding 40.79% of the total shares, reflecting strong insider confidence. Institutional investors hold a minor stake, with domestic institutional investors (DIIs) at 2.67%, while the public holds 56.55%. The number of shareholders increased to 2,826 by September 2025, suggesting growing retail interest. However, the low foreign institutional investment (FIIs) presence may hinder broader market confidence. The dividend payout ratio for FY 2025 was reported at 36.37%, indicating a commitment to returning value to shareholders. This payout ratio, combined with the company’s modest earnings retention ratio of 63.63%, reflects a balanced approach towards reinvestment and shareholder returns. The stability in the shareholding pattern alongside a reasonable dividend policy may enhance investor confidence in the company’s long-term prospects.
Outlook, Risks, and Final Insight
Looking ahead, WIPL faces both growth opportunities and significant risks. The company must address its low operating profit margins and high cash conversion cycle to improve overall profitability. Additionally, the fluctuating sales trends necessitate a robust marketing strategy to stabilize revenue streams. The competitive landscape within the decorative wood industry poses a challenge, as does the economic environment which can affect consumer spending on home improvement projects. However, with a strong balance sheet and a committed management team, WIPL is well-positioned to capitalize on market recovery. The focus should be on operational efficiency and enhancing market share to mitigate risks associated with economic fluctuations. Should the company successfully implement these strategies, it may unlock further value for its shareholders in the coming years.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Diksha Greens Ltd | 1.84 Cr. | 1.87 | 5.30/1.86 | 30.6 | 0.00 % | % | % | 10.0 | |
| Dhabriya Polywood Ltd | 364 Cr. | 336 | 490/280 | 15.6 | 105 | 0.21 % | 20.4 % | 19.8 % | 10.0 |
| Bloom Dekor Ltd | 8.22 Cr. | 12.0 | 14.8/9.01 | 9.81 | 0.00 % | 13.9 % | % | 10.0 | |
| Western India Plywoods Ltd (WIPL) | 126 Cr. | 149 | 229/133 | 58.0 | 52.8 | 0.81 % | 8.52 % | 6.32 % | 10.0 |
| Priti International Ltd | 68.4 Cr. | 51.2 | 134/49.0 | 24.1 | 54.0 | 0.00 % | 8.58 % | 6.23 % | 10.0 |
| Industry Average | 245.00 Cr | 99.18 | 38.08 | 46.75 | 0.17% | 11.28% | 8.73% | 10.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 28.76 | 29.15 | 25.27 | 23.64 | 28.31 | 31.79 | 25.30 | 24.99 | 31.09 | 30.88 | 29.06 | 29.01 | 29.92 |
| Expenses | 27.11 | 26.82 | 23.53 | 22.52 | 26.30 | 28.43 | 24.79 | 24.20 | 29.13 | 29.05 | 27.09 | 27.85 | 29.10 |
| Operating Profit | 1.65 | 2.33 | 1.74 | 1.12 | 2.01 | 3.36 | 0.51 | 0.79 | 1.96 | 1.83 | 1.97 | 1.16 | 0.82 |
| OPM % | 5.74% | 7.99% | 6.89% | 4.74% | 7.10% | 10.57% | 2.02% | 3.16% | 6.30% | 5.93% | 6.78% | 4.00% | 2.74% |
| Other Income | 0.26 | 0.16 | 0.05 | 0.12 | 0.23 | 0.06 | 0.14 | 0.14 | 0.13 | 0.28 | 0.10 | 0.10 | 0.28 |
| Interest | 0.34 | 0.44 | 0.31 | 0.26 | 0.34 | 0.31 | 0.27 | 0.26 | 0.19 | 0.30 | 0.42 | 0.21 | 0.18 |
| Depreciation | 0.41 | 0.43 | 0.40 | 0.33 | 0.35 | 0.37 | 0.39 | 0.41 | 0.48 | 0.50 | 0.49 | 0.52 | 0.52 |
| Profit before tax | 1.16 | 1.62 | 1.08 | 0.65 | 1.55 | 2.74 | -0.01 | 0.26 | 1.42 | 1.31 | 1.16 | 0.53 | 0.40 |
| Tax % | 34.48% | 36.42% | 22.22% | 32.31% | 28.39% | 29.93% | 800.00% | 42.31% | 29.58% | 32.82% | 33.62% | 35.85% | 52.50% |
| Net Profit | 0.76 | 1.03 | 0.84 | 0.44 | 1.11 | 1.92 | -0.09 | 0.15 | 1.00 | 0.88 | 0.77 | 0.34 | 0.19 |
| EPS in Rs | 0.90 | 1.21 | 1.00 | 0.61 | 1.31 | 2.26 | -0.11 | 0.18 | 1.18 | 1.04 | 0.91 | 0.40 | 0.22 |
Last Updated: December 28, 2025, 8:05 pm
Below is a detailed analysis of the quarterly data for Western India Plywoods Ltd (WIPL) based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 29.92 Cr.. The value appears strong and on an upward trend. It has increased from 29.01 Cr. (Jun 2025) to 29.92 Cr., marking an increase of 0.91 Cr..
- For Expenses, as of Sep 2025, the value is 29.10 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 27.85 Cr. (Jun 2025) to 29.10 Cr., marking an increase of 1.25 Cr..
- For Operating Profit, as of Sep 2025, the value is 0.82 Cr.. The value appears to be declining and may need further review. It has decreased from 1.16 Cr. (Jun 2025) to 0.82 Cr., marking a decrease of 0.34 Cr..
- For OPM %, as of Sep 2025, the value is 2.74%. The value appears to be declining and may need further review. It has decreased from 4.00% (Jun 2025) to 2.74%, marking a decrease of 1.26%.
- For Other Income, as of Sep 2025, the value is 0.28 Cr.. The value appears strong and on an upward trend. It has increased from 0.10 Cr. (Jun 2025) to 0.28 Cr., marking an increase of 0.18 Cr..
- For Interest, as of Sep 2025, the value is 0.18 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.21 Cr. (Jun 2025) to 0.18 Cr., marking a decrease of 0.03 Cr..
- For Depreciation, as of Sep 2025, the value is 0.52 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.52 Cr..
- For Profit before tax, as of Sep 2025, the value is 0.40 Cr.. The value appears to be declining and may need further review. It has decreased from 0.53 Cr. (Jun 2025) to 0.40 Cr., marking a decrease of 0.13 Cr..
- For Tax %, as of Sep 2025, the value is 52.50%. The value appears to be increasing, which may not be favorable. It has increased from 35.85% (Jun 2025) to 52.50%, marking an increase of 16.65%.
- For Net Profit, as of Sep 2025, the value is 0.19 Cr.. The value appears to be declining and may need further review. It has decreased from 0.34 Cr. (Jun 2025) to 0.19 Cr., marking a decrease of 0.15 Cr..
- For EPS in Rs, as of Sep 2025, the value is 0.22. The value appears to be declining and may need further review. It has decreased from 0.40 (Jun 2025) to 0.22, marking a decrease of 0.18.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:30 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 95 | 96 | 89 | 86 | 92 | 101 | 97 | 85 | 100 | 108 | 109 | 116 | 119 |
| Expenses | 85 | 86 | 80 | 82 | 90 | 94 | 91 | 81 | 95 | 100 | 102 | 109 | 113 |
| Operating Profit | 10 | 11 | 9 | 3 | 2 | 7 | 6 | 4 | 4 | 7 | 7 | 7 | 6 |
| OPM % | 10% | 11% | 10% | 4% | 2% | 7% | 6% | 4% | 4% | 7% | 7% | 6% | 5% |
| Other Income | 0 | 0 | 0 | 4 | 4 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| Interest | 4 | 4 | 3 | 4 | 4 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 1 | 2 | 2 |
| Profit before tax | 0 | 5 | 3 | 1 | -0 | 2 | 2 | -0 | 1 | 5 | 5 | 4 | 3 |
| Tax % | -138% | 33% | 28% | 91% | -8,600% | 46% | 34% | 71% | 73% | 31% | 31% | 32% | |
| Net Profit | 1 | 3 | 2 | 0 | 1 | 1 | 1 | -1 | 0 | 3 | 3 | 3 | 2 |
| EPS in Rs | 1.34 | 3.84 | 2.47 | 0.29 | 1.04 | 1.45 | 1.47 | -0.31 | 0.57 | 4.31 | 3.98 | 3.30 | 2.57 |
| Dividend Payout % | 45% | 18% | 28% | 0% | 0% | 62% | 0% | -261% | 142% | 0% | 30% | 36% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 200.00% | -33.33% | -100.00% | 0.00% | 0.00% | -200.00% | 100.00% | 0.00% | 0.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | -233.33% | -66.67% | 100.00% | 0.00% | -200.00% | 300.00% | -100.00% | 0.00% |
Western India Plywoods Ltd (WIPL) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 4% |
| 3 Years: | 5% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 19% |
| 3 Years: | 80% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 44% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 5% |
| 3 Years: | 8% |
| Last Year: | 6% |
Last Updated: September 5, 2025, 1:46 pm
Balance Sheet
Last Updated: December 4, 2025, 2:07 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 25 | 27 | 28 | 29 | 29 | 31 | 31 | 31 | 30 | 33 | 35 | 37 | 36 |
| Borrowings | 39 | 33 | 34 | 31 | 31 | 27 | 22 | 17 | 18 | 17 | 19 | 18 | 20 |
| Other Liabilities | 18 | 22 | 17 | 22 | 15 | 15 | 13 | 13 | 10 | 11 | 13 | 16 | 17 |
| Total Liabilities | 90 | 91 | 88 | 90 | 84 | 81 | 74 | 68 | 66 | 70 | 76 | 80 | 82 |
| Fixed Assets | 26 | 24 | 23 | 24 | 23 | 23 | 21 | 21 | 20 | 20 | 23 | 27 | 26 |
| CWIP | 0 | 0 | 3 | 1 | 1 | 0 | 0 | 0 | 1 | 3 | 4 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Assets | 63 | 67 | 62 | 65 | 59 | 58 | 52 | 46 | 45 | 46 | 48 | 52 | 54 |
| Total Assets | 90 | 91 | 88 | 90 | 84 | 81 | 74 | 68 | 66 | 70 | 76 | 80 | 82 |
Below is a detailed analysis of the balance sheet data for Western India Plywoods Ltd (WIPL) based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 8.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 8.00 Cr..
- For Reserves, as of Sep 2025, the value is 36.00 Cr.. The value appears to be declining and may need further review. It has decreased from 37.00 Cr. (Mar 2025) to 36.00 Cr., marking a decrease of 1.00 Cr..
- For Borrowings, as of Sep 2025, the value is 20.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 18.00 Cr. (Mar 2025) to 20.00 Cr., marking an increase of 2.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 17.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 16.00 Cr. (Mar 2025) to 17.00 Cr., marking an increase of 1.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 82.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 80.00 Cr. (Mar 2025) to 82.00 Cr., marking an increase of 2.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 26.00 Cr.. The value appears to be declining and may need further review. It has decreased from 27.00 Cr. (Mar 2025) to 26.00 Cr., marking a decrease of 1.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 1.00 Cr..
- For Other Assets, as of Sep 2025, the value is 54.00 Cr.. The value appears strong and on an upward trend. It has increased from 52.00 Cr. (Mar 2025) to 54.00 Cr., marking an increase of 2.00 Cr..
- For Total Assets, as of Sep 2025, the value is 82.00 Cr.. The value appears strong and on an upward trend. It has increased from 80.00 Cr. (Mar 2025) to 82.00 Cr., marking an increase of 2.00 Cr..
Notably, the Reserves (36.00 Cr.) exceed the Borrowings (20.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -29.00 | -22.00 | -25.00 | -28.00 | -29.00 | -20.00 | -16.00 | -13.00 | -14.00 | -10.00 | -12.00 | -11.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56 | 67 | 60 | 62 | 55 | 59 | 64 | 72 | 71 | 45 | 59 | 66 |
| Inventory Days | 351 | 372 | 373 | 387 | 295 | 253 | 254 | 204 | 150 | 123 | 117 | 145 |
| Days Payable | 58 | 64 | 63 | 70 | 50 | 48 | 49 | 56 | 37 | 27 | 40 | 51 |
| Cash Conversion Cycle | 349 | 375 | 369 | 379 | 300 | 264 | 269 | 220 | 185 | 141 | 136 | 161 |
| Working Capital Days | 54 | 70 | 71 | 58 | 102 | 100 | 114 | 120 | 99 | 53 | 54 | 56 |
| ROCE % | 6% | 12% | 10% | 3% | 4% | 7% | 6% | 2% | 4% | 11% | 10% | 9% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 3.30 | 3.98 | 4.31 | 0.56 | -0.31 |
| Diluted EPS (Rs.) | 3.30 | 3.98 | 4.31 | 0.56 | -0.31 |
| Cash EPS (Rs.) | 5.52 | 5.69 | 6.05 | 3.16 | 2.38 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 53.41 | 50.98 | 48.48 | 45.26 | 46.37 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 53.41 | 50.98 | 48.48 | 45.26 | 46.37 |
| Revenue From Operations / Share (Rs.) | 136.69 | 128.48 | 127.09 | 117.51 | 100.19 |
| PBDIT / Share (Rs.) | 8.48 | 8.91 | 9.56 | 5.36 | 4.61 |
| PBIT / Share (Rs.) | 6.26 | 7.21 | 7.62 | 2.45 | 1.41 |
| PBT / Share (Rs.) | 4.89 | 5.82 | 5.97 | 0.90 | -0.48 |
| Net Profit / Share (Rs.) | 3.31 | 3.99 | 4.11 | 0.24 | -0.82 |
| NP After MI And SOA / Share (Rs.) | 3.30 | 3.98 | 4.31 | 0.56 | -0.31 |
| PBDIT Margin (%) | 6.20 | 6.93 | 7.51 | 4.56 | 4.60 |
| PBIT Margin (%) | 4.58 | 5.61 | 5.99 | 2.08 | 1.40 |
| PBT Margin (%) | 3.57 | 4.52 | 4.70 | 0.76 | -0.48 |
| Net Profit Margin (%) | 2.41 | 3.10 | 3.23 | 0.20 | -0.81 |
| NP After MI And SOA Margin (%) | 2.41 | 3.09 | 3.39 | 0.47 | -0.31 |
| Return on Networth / Equity (%) | 6.17 | 7.80 | 8.88 | 1.24 | -0.67 |
| Return on Capital Employeed (%) | 9.48 | 10.89 | 12.05 | 3.91 | 2.17 |
| Return On Assets (%) | 3.51 | 4.46 | 5.23 | 0.71 | -0.38 |
| Long Term Debt / Equity (X) | 0.18 | 0.25 | 0.26 | 0.35 | 0.36 |
| Total Debt / Equity (X) | 0.40 | 0.43 | 0.41 | 0.45 | 0.39 |
| Asset Turnover Ratio (%) | 1.49 | 1.50 | 1.58 | 1.40 | 1.13 |
| Current Ratio (X) | 2.13 | 2.37 | 2.80 | 3.32 | 3.41 |
| Quick Ratio (X) | 1.43 | 1.68 | 1.90 | 2.06 | 1.91 |
| Inventory Turnover Ratio (X) | 7.70 | 7.76 | 2.49 | 2.06 | 1.32 |
| Dividend Payout Ratio (NP) (%) | 36.37 | 25.12 | 0.00 | 142.37 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 21.76 | 17.59 | 0.00 | 23.01 | 0.00 |
| Earning Retention Ratio (%) | 63.63 | 74.88 | 0.00 | -42.37 | 0.00 |
| Cash Earning Retention Ratio (%) | 78.24 | 82.41 | 0.00 | 76.99 | 0.00 |
| Interest Coverage Ratio (X) | 6.17 | 6.39 | 5.80 | 3.47 | 2.43 |
| Interest Coverage Ratio (Post Tax) (X) | 3.41 | 3.86 | 3.50 | 1.16 | 0.56 |
| Enterprise Value (Cr.) | 162.53 | 137.98 | 76.35 | 62.91 | 62.81 |
| EV / Net Operating Revenue (X) | 1.40 | 1.27 | 0.70 | 0.63 | 0.73 |
| EV / EBITDA (X) | 22.58 | 18.24 | 9.41 | 13.82 | 16.05 |
| MarketCap / Net Operating Revenue (X) | 1.32 | 1.19 | 0.67 | 0.49 | 0.59 |
| Retention Ratios (%) | 63.62 | 74.87 | 0.00 | -42.37 | 0.00 |
| Price / BV (X) | 3.38 | 3.00 | 1.76 | 1.28 | 1.30 |
| Price / Net Operating Revenue (X) | 1.32 | 1.19 | 0.67 | 0.49 | 0.59 |
| EarningsYield | 0.01 | 0.02 | 0.05 | 0.01 | -0.01 |
After reviewing the key financial ratios for Western India Plywoods Ltd (WIPL), here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 3.30. This value is below the healthy minimum of 5. It has decreased from 3.98 (Mar 24) to 3.30, marking a decrease of 0.68.
- For Diluted EPS (Rs.), as of Mar 25, the value is 3.30. This value is below the healthy minimum of 5. It has decreased from 3.98 (Mar 24) to 3.30, marking a decrease of 0.68.
- For Cash EPS (Rs.), as of Mar 25, the value is 5.52. This value is within the healthy range. It has decreased from 5.69 (Mar 24) to 5.52, marking a decrease of 0.17.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 53.41. It has increased from 50.98 (Mar 24) to 53.41, marking an increase of 2.43.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 53.41. It has increased from 50.98 (Mar 24) to 53.41, marking an increase of 2.43.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 136.69. It has increased from 128.48 (Mar 24) to 136.69, marking an increase of 8.21.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 8.48. This value is within the healthy range. It has decreased from 8.91 (Mar 24) to 8.48, marking a decrease of 0.43.
- For PBIT / Share (Rs.), as of Mar 25, the value is 6.26. This value is within the healthy range. It has decreased from 7.21 (Mar 24) to 6.26, marking a decrease of 0.95.
- For PBT / Share (Rs.), as of Mar 25, the value is 4.89. This value is within the healthy range. It has decreased from 5.82 (Mar 24) to 4.89, marking a decrease of 0.93.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 3.31. This value is within the healthy range. It has decreased from 3.99 (Mar 24) to 3.31, marking a decrease of 0.68.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 3.30. This value is within the healthy range. It has decreased from 3.98 (Mar 24) to 3.30, marking a decrease of 0.68.
- For PBDIT Margin (%), as of Mar 25, the value is 6.20. This value is below the healthy minimum of 10. It has decreased from 6.93 (Mar 24) to 6.20, marking a decrease of 0.73.
- For PBIT Margin (%), as of Mar 25, the value is 4.58. This value is below the healthy minimum of 10. It has decreased from 5.61 (Mar 24) to 4.58, marking a decrease of 1.03.
- For PBT Margin (%), as of Mar 25, the value is 3.57. This value is below the healthy minimum of 10. It has decreased from 4.52 (Mar 24) to 3.57, marking a decrease of 0.95.
- For Net Profit Margin (%), as of Mar 25, the value is 2.41. This value is below the healthy minimum of 5. It has decreased from 3.10 (Mar 24) to 2.41, marking a decrease of 0.69.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.41. This value is below the healthy minimum of 8. It has decreased from 3.09 (Mar 24) to 2.41, marking a decrease of 0.68.
- For Return on Networth / Equity (%), as of Mar 25, the value is 6.17. This value is below the healthy minimum of 15. It has decreased from 7.80 (Mar 24) to 6.17, marking a decrease of 1.63.
- For Return on Capital Employeed (%), as of Mar 25, the value is 9.48. This value is below the healthy minimum of 10. It has decreased from 10.89 (Mar 24) to 9.48, marking a decrease of 1.41.
- For Return On Assets (%), as of Mar 25, the value is 3.51. This value is below the healthy minimum of 5. It has decreased from 4.46 (Mar 24) to 3.51, marking a decrease of 0.95.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.18. This value is below the healthy minimum of 0.2. It has decreased from 0.25 (Mar 24) to 0.18, marking a decrease of 0.07.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.40. This value is within the healthy range. It has decreased from 0.43 (Mar 24) to 0.40, marking a decrease of 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.49. It has decreased from 1.50 (Mar 24) to 1.49, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 2.13. This value is within the healthy range. It has decreased from 2.37 (Mar 24) to 2.13, marking a decrease of 0.24.
- For Quick Ratio (X), as of Mar 25, the value is 1.43. This value is within the healthy range. It has decreased from 1.68 (Mar 24) to 1.43, marking a decrease of 0.25.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 7.70. This value is within the healthy range. It has decreased from 7.76 (Mar 24) to 7.70, marking a decrease of 0.06.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 36.37. This value is within the healthy range. It has increased from 25.12 (Mar 24) to 36.37, marking an increase of 11.25.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 21.76. This value is within the healthy range. It has increased from 17.59 (Mar 24) to 21.76, marking an increase of 4.17.
- For Earning Retention Ratio (%), as of Mar 25, the value is 63.63. This value is within the healthy range. It has decreased from 74.88 (Mar 24) to 63.63, marking a decrease of 11.25.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 78.24. This value exceeds the healthy maximum of 70. It has decreased from 82.41 (Mar 24) to 78.24, marking a decrease of 4.17.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 6.17. This value is within the healthy range. It has decreased from 6.39 (Mar 24) to 6.17, marking a decrease of 0.22.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 3.41. This value is within the healthy range. It has decreased from 3.86 (Mar 24) to 3.41, marking a decrease of 0.45.
- For Enterprise Value (Cr.), as of Mar 25, the value is 162.53. It has increased from 137.98 (Mar 24) to 162.53, marking an increase of 24.55.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.40. This value is within the healthy range. It has increased from 1.27 (Mar 24) to 1.40, marking an increase of 0.13.
- For EV / EBITDA (X), as of Mar 25, the value is 22.58. This value exceeds the healthy maximum of 15. It has increased from 18.24 (Mar 24) to 22.58, marking an increase of 4.34.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.32. This value is within the healthy range. It has increased from 1.19 (Mar 24) to 1.32, marking an increase of 0.13.
- For Retention Ratios (%), as of Mar 25, the value is 63.62. This value is within the healthy range. It has decreased from 74.87 (Mar 24) to 63.62, marking a decrease of 11.25.
- For Price / BV (X), as of Mar 25, the value is 3.38. This value exceeds the healthy maximum of 3. It has increased from 3.00 (Mar 24) to 3.38, marking an increase of 0.38.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.32. This value is within the healthy range. It has increased from 1.19 (Mar 24) to 1.32, marking an increase of 0.13.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.02 (Mar 24) to 0.01, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Western India Plywoods Ltd (WIPL):
- Net Profit Margin: 2.41%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 9.48% (Industry Average ROCE: 11.28%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 6.17% (Industry Average ROE: 8.73%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 3.41
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.43
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 58 (Industry average Stock P/E: 38.08)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.4
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.41%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Laminates | Mill Road, Kannur Kerala 670010 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. P H Kurian | Chairman |
| Mr. P K Mayan Mohamed | Managing Director |
| Mr. P I Sheik Pareeth | Director |
| Ms. Sreedevi Pillai | Director |
| Mr. Thiruvengadam Parthasarathi | Director |
| Mr. R Harikrishnan | Director |
FAQ
What is the intrinsic value of Western India Plywoods Ltd (WIPL)?
Western India Plywoods Ltd (WIPL)'s intrinsic value (as of 23 January 2026) is ₹210.95 which is 41.58% higher the current market price of ₹149.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹126 Cr. market cap, FY2025-2026 high/low of ₹229/133, reserves of ₹36 Cr, and liabilities of ₹82 Cr.
What is the Market Cap of Western India Plywoods Ltd (WIPL)?
The Market Cap of Western India Plywoods Ltd (WIPL) is 126 Cr..
What is the current Stock Price of Western India Plywoods Ltd (WIPL) as on 23 January 2026?
The current stock price of Western India Plywoods Ltd (WIPL) as on 23 January 2026 is ₹149.
What is the High / Low of Western India Plywoods Ltd (WIPL) stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Western India Plywoods Ltd (WIPL) stocks is ₹229/133.
What is the Stock P/E of Western India Plywoods Ltd (WIPL)?
The Stock P/E of Western India Plywoods Ltd (WIPL) is 58.0.
What is the Book Value of Western India Plywoods Ltd (WIPL)?
The Book Value of Western India Plywoods Ltd (WIPL) is 52.8.
What is the Dividend Yield of Western India Plywoods Ltd (WIPL)?
The Dividend Yield of Western India Plywoods Ltd (WIPL) is 0.81 %.
What is the ROCE of Western India Plywoods Ltd (WIPL)?
The ROCE of Western India Plywoods Ltd (WIPL) is 8.52 %.
What is the ROE of Western India Plywoods Ltd (WIPL)?
The ROE of Western India Plywoods Ltd (WIPL) is 6.32 %.
What is the Face Value of Western India Plywoods Ltd (WIPL)?
The Face Value of Western India Plywoods Ltd (WIPL) is 10.0.