MoneyWorks4Me

The Western Indian Plywoods Ltd (WIPL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: WIPL Laminates/Decoratives | Small Cap | The Western Indian Share Price

BSE Share Price
Not Listed

The Western Indian Plywoods Ltd (WIPL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: WIPL Laminates/Decoratives | Small Cap | The Western Indian Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹143 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹2.6
TTM Sales
₹115 Cr.
Book Value per Share
₹64.9
P/E Ratio
65.40
Higher than its 5-year historical median
Industry PE
38.2
Price to Book (P/B)
2.59
Higher than its 5-year historical median
Price to Sales (P/S)
1.24
Higher than its 5-year historical median
EV/EBITDA
26.77
Higher than its 5-year historical median
Dividend Yield
INF%
Profitability Efficiency
Return on Equity (ROE)
4.48%
Underperforms industry median
Return on Capital Employed (ROCE)
6.58%
Underperforms industry median
Return on Assets (ROA)
3.03%
Operating Profit Margin
4.3%
Net Profit Margin
2.07%
Gross Profit Margin
4.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
2.64%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-23.99%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-26.14%
Asset Quality
Promoter Holding
37.88%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹47 Cr.
Equity
₹8.5 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

The Western Indian Plywoods stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Overvalued

Price Trend

Semi Strong
Q.1 Is The Western Indian Plywoods Ltd a good quality company?
The Western Indian Plywoods Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does The Western Indian Plywoods Ltd performance compare with that of its Peers?
Q.1 Revenue growth of The Western Indian Plywoods Ltd vs industry peers?
The Western Indian Plywoods Ltd revenue CAGR is 7.11%, compared to the industry median CAGR of 5.11%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of The Western Indian Plywoods Ltd?
Promoters hold 37.88% of the The Western Indian Plywoods Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of The Western Indian Plywoods Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 21.87% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
The Western Indian Plywoods Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 7.8%6.4%8.5%6.7%4.6%5.4%11.1%10%8.5%6.6%-
Value Creation
Index
-0.4-0.5-0.4-0.5-0.7-0.6-0.2-0.3-0.4-0.5-

Growth Parameters

Sales 81.1889892.483.598.6107108115118115
Sales YoY Gr.-8.5%11.3%-5.7%-9.7%18.1%8.2%1%6.4%2.6%-
Adj EPS -0.80.92.61.61.21.54.54.33.72.42.6
YoY Gr.-NA187.6%-36.3%-29.5%33.9%193.5%-4%-14.3%-35%-
BVPS (₹) 47.649.251.95253.253.457.260.363.364.664.9
Adj Net
Profit
-0.70.82.21.411.33.83.73.22.12
Cash Flow from Ops. 5.93.76.76.99.62.3163.22.46.6-
Debt/CF from Ops. 5.58.343.21.77.51.14.96.40.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 4.2%7.1%3.3%2.6%
Adj EPS NA16%-18.8%-35%
BVPS3.5%3.9%4.1%2%
Share Price - 20.9% 6.3% -1.3%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-1.71.85.13.12.22.98.27.463.84
Op. Profit
Mgn %
5.23.47.96.665.27.375.94.33.6
Net Profit
Mgn %
-0.80.92.21.51.21.33.63.42.81.81.9
Debt to
Equity
0.80.70.60.50.40.40.40.30.30.1-
Working Cap
Days
22822219219519615513012213213780
Cash Conv.
Cycle
1721691471501481189789989947

Valuation of The Western Indian - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *10.1010.1010.1010.1010.1010.100.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales818898928399107108115118
Operating Expenses + 77859086789399100108113
Manufacturing Costs24273030273534374341
Material Costs34404237354043434249
Employee Cost 15141315121417161717
Other Costs 4444445555
Operating Profit 4386558875
Operating Profit Margin (%) 5.2%3.4%7.7%6.6%6.0%5.2%7.3%7.0%5.9%4.3%
Other Income + 1311001111
Exceptional Items 3100000000
Interest 4432211111
Depreciation 2222221122
Profit Before Tax 2132126553
Tax 1-111012211
Profit After Tax 1222114432
PAT Margin (%) 1.7%2.1%2.2%1.8%1.2%1.4%3.9%3.6%2.9%2.1%
Adjusted EPS (₹)1.62.22.52.01.21.74.94.53.92.9
Dividend Payout Ratio (%)43.80%0%35.50%0%67.90%47.90%20.50%26.60%31%34.90%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 40424444454549515455
Share Capital 8888888888
Reserves 32333636373740434546
Debt +3028252015151614146
Long Term Debt5171615141311863
Short Term Debt251195125783
Minority Interest0000000000
Trade Payables7655544467
Others Liabilities 14101098899109
Total Liabilities 92878478737277798477

Fixed Assets

Net Fixed Assets +17171615161515181817
Gross Block19212324262728333536
Accumulated Depreciation2468101214151718
CWIP 1100013001
Investments 11111111121112121212
Inventories38332825191614131617
Trade Receivables14141717172014202321
Cash Equivalents 565344131093
Others Assets 6565555556
Total Assets 92878478737277798477
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 647710216327
PBT 1132126553
Adjustment 3154433232
Changes in Working Capital 22-024-28-3-52
Tax Paid -1-1-1-1-0-0-1-2-0-2
Cash Flow From Investing Activity + -12-0-0-2-1-4-3-1-3
Capex -2-1-1-1-2-2-3-2-1-2
Net Investments 000000000-1
Others 020100-0-1-0-0
Cash Flow From Financing Activity + -4-5-7-8-7-1-2-4-3-10
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -412-2-1-10-3-4-2-3
Interest Paid -3-3-3-2-2-1-1-1-1-1
Dividend Paid -1-0-0-1-0-1-1-1-1-1
Others 3-14-2-5-41321-5
Net Cash Flow 00-1-11010-4-2-6
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)3.434.485.013.82.243.138.817.666.274.48
ROCE (%)7.816.428.466.744.645.3611.13108.456.58
Asset Turnover Ratio0.991.011.151.141.111.361.431.391.411.46
PAT to CFO Conversion(x)623.53.510240.750.673.5
Working Capital Days
Receivable Days55.8056.4057.5066.9075.5069.7059.6057.6068.4069
Inventory Days152.40142.70114.20106.5097.6065.9052.4046.2046.5050.80
Payable Days80.7060.4050.3053.205439.603234.3043.2046.60

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

The Western Indian Plywoods Ltd FAQs

The current trading price of The Western Indian on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of The Western Indian stood at ₹142.6 Cr

The latest P/E ratio of The Western Indian as of 31-Dec-1969 is 65.40.

The latest P/B ratio of The Western Indian as of 31-Dec-1969 is 2.59.

The 52-week high of The Western Indian is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of The Western Indian is ₹115 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that The Western Indian Plywoods Ltd is a average quality company.

The key valuation ratios of The Western Indian Plywoods Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of The Western Indian Plywoods Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About The Western Indian Plywoods Ltd

No data to display
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: