Western India Plywoods

NSE: WIPL
Compare with peers
₹ 158.83▼ 4.46 (−2.73%)28 Oct, 03:08 pm IST
Market cap
₹ 132 Cr.
P/E
56.9x
P/B
3.09x
52-week range
133.1 – 193.2
ROE
1%
ROCE
4%
Dividend yield
0.6%
Debt / equity
0.21
Sector
Consumer Durables
Industry
Plywood Boards/ Laminates
Listed on
NSE

About

The Western India Plywoods Ltd is an India-based company engaged in the business of manufacture and sale of wood -based products. The Company's products include Plywood, Hard boards, Densified wood, Wooden flooring, Soft Board, Furniture and Wipress. The Company caters to both domestic and international markets and has depots and dealer networks across India. Its manufacturing facility is located in Kannur, Kerala. Its primary customers include automobiles, packaging industry and construction companies. The Company's subsidiaries include Southern Veneers & Woods Works Ltd., The Kohinoor Sawmills Co Ltd, Mayabandar Doors Ltd and ERA & WIP Timber JV SDN BHD.

Quick check

The five things to look at first. Open one for more.

Western India Plywoods against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)56.9 against a typical 40: pricier than most peers (1st = cheapest).13th of 17
  • Sales growth−8.7% against a typical +15.2% from a year earlier.13th of 15
  • Profit growth−188.2% against a typical −54.1% from a year earlier.9th of 9
  • Share price, 3 months−4.9% against a typical −8.7%.8th of 17
  • Size₹ 131.5 Cr. market value against a typical ₹ 131.5 Cr. (1st = largest).9th of 17

Board meetings

Results dates and other board meetings. Full calendar

Details
11 Nov 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
12 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
25 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
5 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
13 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
13 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
26 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change −0.11%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales283225253131292930312926
Expenses262825242929272829292927
Operating Profit2311222112−0−0
OPM %7.1%10.6%2%3.2%6.3%5.9%6.8%4%2.7%6.3%−1.4%−0.2%
Other Income000000000001
Interest000000000000
Depreciation000001011101
Profit before tax23−00111101−1−0
Tax %28.4%29.9%800%42.3%29.6%32.8%33.6%35.9%52.5%36.2%18.2%50%
Net Profit12−00111001−1−0
EPS in Rs1.312.26−0.110.181.181.040.910.40.220.98−1.07−0.35

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
3%
5 Years
7%
3 Years
3%
TTM
−3%
Compounded Profit Growth
10 Years
−15%
5 Years
29%
3 Years
−50%
TTM
−106%
Stock Price CAGR
10 Years
—
5 Years
21%
3 Years
8%
TTM
—
Return on Equity
10 Years
3%
5 Years
5%
3 Years
5%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
37.88%
−2.91 pts in a year
DIIs
2.67%
0 pts in a year
Public
59.45%
+2.9 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 56.9xEPS (12 months) ₹ 2.51Median P/E 44.3x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Western India Plywoods₹ 158.83₹ 132 Cr.56.9x3.1x1%—
Grindwell Norton₹ 1,858.00₹ 20,572 Cr.55.4x9.1x17.4%13.6%
Carborundum Universal₹ 1,031.30₹ 19,647 Cr.71.3x5.2x5.2%3.2%
Kajaria Ceramics₹ 1,137.65₹ 17,896 Cr.38x6.4x16.8%10.2%
Century Plyboards (India)₹ 636.25₹ 14,165 Cr.65.9x6.8x10.6%5%
Jindal SAW₹ 233.30₹ 14,864 Cr.17.4x1.4x—3.3%

Management

Rayaroth Balakrishnan
Company Secretary and Chief Financial Officer
P. K. Mayan Mohamed
Managing Director, Director

Prices are delayed and for information only. Nothing on this page is investment advice.