THE WESTERN INDIA PLY LTD (WIPL) financials

THE WESTERN INDIA PLY LTD (WIPL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1945, Western India Plywoods Ltd is a manufacturer of Wood based products including Hardboard, Plywood, and Compreg[1]

Market Cap: ₹138Cr.
Current Price: ₹162
Stock P/E: 63.2
ROE: 4.48%
ROCE: 6.48%
Book Value: ₹64.6
Dividend Yield: 0.62%
52W High / Low: ₹193/133

In Jun 2026, THE WESTERN INDIA PLY LTD (WIPL) reported sales ₹26.51 Cr and net profit ₹0.26 Cr.

Annual TTM: sales ₹115 Cr, net profit ₹2 Cr.

Shareholding: Promoters 37.88% (Jun 2026), DIIs 2.67% (Jun 2026), Public 59.45% (Jun 2026), No. of Shareholders 2,775% (Jun 2026).

WIPL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	30.56	30.65	28.60	28.82	29.41	31.08	28.32	26.51
Expenses	28.57	28.89	26.56	27.61	28.38	29.00	27.61	26.15
Operating Profit	1.99	1.76	2.04	1.21	1.03	2.08	0.71	0.36
OPM %	6.51%	5.74%	7.13%	4.20%	3.50%	6.69%	2.51%	1.36%
Other Income	0.14	0.28	0.08	0.09	0.29	0.06	0.41	0.52
Interest	0.19	0.24	0.37	0.18	0.14	0.17	0.27	0.11
Depreciation	0.39	0.42	0.41	0.42	0.42	0.42	0.42	0.41
Profit before tax	1.55	1.38	1.34	0.70	0.76	1.55	0.43	0.36
Tax %	27.10%	31.16%	28.36%	27.14%	27.63%	30.32%	32.56%	27.78%
Net Profit	1.13	0.95	0.96	0.51	0.55	1.08	0.29	0.26
EPS in Rs	1.33	1.12	1.13	0.60	0.65	1.27	0.34	0.31
Raw PDF	—	—	—	—	—	—	—	—

WIPL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	92	83	99	107	108	115	118	115
Expenses	86	78	93	99	100	108	113	111
Operating Profit	6	5	5	8	8	7	5	4
OPM %	7%	6%	5%	7%	7%	6%	4.3%	3.6%
Other Income	1	0	0	1	1	1	1	1
Interest	2	2	1	1	1	1	1	1
Depreciation	2	2	2	1	1	2	2	2
Profit before tax	2	1	2	6	5	5	3	3
Tax %	27%	22%	28%	28%	29%	29%	29%	—
Net Profit	2	1	1	4	4	3	2	2
EPS in Rs	1.98	1.18	1.67	4.87	4.50	3.88	2.86	2.57
Dividend Payout %	0%	68%	48%	21%	27%	31%	35%	—

WIPL balance sheet (₹ Cr.)
Category	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
Reserves	36	36	37	37	40	43	45	46
Borrowings	27	22	17	18	17	16	15	6
Other Liabilities	13	12	11	10	11	12	15	16
Total Liabilities	84	78	73	72	77	79	84	77
Fixed Assets	16	15	16	15	15	18	18	17
CWIP	0	0	0	1	3	0	0	1
Investments	11	11	12	12	12	12	12	12
Other Assets	56	51	46	45	47	48	53	46
Total Assets	84	78	73	72	77	79	84	77

WIPL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	7	7	10	2	16	3	2	7
Cash from Investing Activity	-0	-0	-2	-1	-4	-3	-1	-3
Cash from Financing Activity	-7	-8	-7	-1	-2	-4	-3	-10
Net Cash Flow	-1	-1	1	0	10	-4	-2	-6
Free Cash Flow	6	6	8	1	13	1	1	5
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	97%	127%	199%	55%	215%	64%	42%	160%

WIPL shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	40.79%	40.79%	40.79%	40.79%	40.79%	39.37%	37.06%	37.88%
DIIs	2.67%	2.67%	2.67%	2.67%	2.67%	2.67%	2.67%	2.67%
Public	56.55%	56.55%	56.55%	56.55%	56.55%	57.96%	60.27%	59.45%
No. of Shareholders	2,524	2,613	2,552	2,755	2,826	2,898	2,801	2,775

WIPL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	62	68	76	75	50	66	75	65
Inventory Days	245	252	202	148	121	111	140	124
Days Payable	47	52	53	34	32	36	50	50
Cash Conversion Cycle	260	267	225	190	138	141	165	139
Working Capital Days	101	118	126	105	56	61	65	84
ROCE %	8%	7%	5%	5%	11%	10%	8%	6%

WIPLUpdated 18 Oct 2026, 0:38

The Western India Ply Ltd

WIPLUpdated 18 Oct 2026, 0:38

Market Cap

₹138Cr.

Current Price

₹162

High / Low

₹193/133

Stock P/E

63.2

ROE4.48%

ROCE6.48%

Book Value₹64.6

Face Value₹10.0

Dividend Yield0.62%

About

Incorporated in 1945, Western India Plywoods Ltd is a manufacturer of Wood based products including Hardboard, Plywood, and Compreg[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	23.38	0.26	22.16	0.11	0.33	0.74	28.38	0.53	0.62
Sep 2023	27.76	0.34	25.71	0.23	0.36	1.58	27.85	1.14	1.34
Dec 2023	31.31	0.31	27.89	0.05	0.37	2.79	29.39	1.97	2.32
Mar 2024	25.24	0.27	24.45	0.15	0.41	0.26	30.77	0.18	0.21
Jun 2024	24.79	0.26	23.91	0.14	0.4	0.36	30.56	0.25	0.29
Sep 2024	30.56	0.19	28.57	0.14	0.39	1.55	27.1	1.13	1.33
Dec 2024	30.65	0.24	28.89	0.28	0.42	1.38	31.16	0.95	1.12
Mar 2025	28.6	0.37	26.56	0.08	0.41	1.34	28.36	0.96	1.13
Jun 2025	28.82	0.18	27.61	0.09	0.42	0.7	27.14	0.51	0.6
Sep 2025	29.41	0.14	28.38	0.29	0.42	0.76	27.63	0.55	0.65
Dec 2025	31.08	0.17	29	0.06	0.42	1.55	30.32	1.08	1.27
Mar 2026	28.32	0.27	27.61	0.41	0.42	0.43	32.56	0.29	0.34
Jun 2026	26.51	0.11	26.15	0.52	0.41	0.36	27.78	0.26	0.31

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	92	4	82	0	2	5	33	3	3.88
Mar 2016	85	3	77	0	2	3	34	2	2.13
Mar 2017	81	4	77	3	2	2	36	1	1.6
Mar 2018	88	4	85	4	2	1	-82	2	2.17
Mar 2019	98	3	90	1	2	3	28	2	2.53
Mar 2020	92	2	86	1	2	2	27	2	1.98
Mar 2021	83	2	78	0	2	1	22	1	1.18
Mar 2022	99	1	93	0	2	2	28	1	1.67
Mar 2023	107	1	99	1	1	6	28	4	4.87
Mar 2024	108	1	100	1	1	5	29	4	4.5
Mar 2025	115	1	108	1	2	5	29	3	3.88
Mar 2026	118	1	113	1	2	3	29	2	2.86
TTM	115	1	111	1	2	3	—	2	2.57

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	37.88%
DIIs	2.67%
Public	59.45%

Shareholding trend

Ownership over time%

Quarter	Promoters	DIIs	Government	Public
Sep 2023	41.01%	3.5%	—	55.49%
Dec 2023	41%	3.08%	—	55.92%
Mar 2024	40.79%	3.08%	—	56.13%
Jun 2024	40.79%	3.08%	—	56.13%
Sep 2024	40.79%	2.67%	—	56.55%
Dec 2024	40.79%	2.67%	—	56.55%
Mar 2025	40.79%	2.67%	—	56.55%
Jun 2025	40.79%	2.67%	—	56.55%
Sep 2025	40.79%	2.67%	—	56.55%
Dec 2025	39.37%	2.67%	—	57.96%
Mar 2026	37.06%	2.67%	—	60.27%
Jun 2026	37.88%	2.67%	—	59.45%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	8	29	36	16	91	17	0	9	65	91
Mar 2016	8	30	33	17	89	15	3	11	60	89
Mar 2017	8	32	32	19	92	17	1	11	62	92
Mar 2018	8	33	30	14	87	17	1	11	58	87
Mar 2019	8	36	27	13	84	16	0	11	56	84
Mar 2020	8	36	22	12	78	15	0	11	51	78
Mar 2021	8	37	17	11	73	16	0	12	46	73
Mar 2022	8	37	18	10	72	15	1	12	45	72
Mar 2023	8	40	17	11	77	15	3	12	47	77
Mar 2024	8	43	16	12	79	18	0	12	48	79
Mar 2025	8	45	15	15	84	18	0	12	53	84
Mar 2026	8	46	6	16	77	17	1	12	46	77

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	7	-1	-6	0
Mar 2016	13	-5	-8	1
Mar 2017	6	-1	-4	0
Mar 2018	4	2	-5	0
Mar 2019	7	0	-7	-1
Mar 2020	7	0	-8	-1
Mar 2021	10	-2	-7	1
Mar 2022	2	-1	-1	0
Mar 2023	16	-4	-2	10
Mar 2024	3	-3	-4	-4
Mar 2025	2	-1	-3	-2
Mar 2026	7	-3	-10	-6

Key ratios

Historical financial ratios

Category	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	69	59	61	59	62	68	76	75	50	66	75	65
Inventory Days	358	363	401	296	245	252	202	148	121	111	140	124
Days Payable	60	78	77	56	47	52	53	34	32	36	50	50
Cash Conversion Cycle	366	344	386	299	260	267	225	190	138	141	165	139
Working Capital Days	72	66	55	104	101	118	126	105	56	61	65	84
ROCE %	12%	9%	4%	5%	8%	7%	5%	5%	11%	10%	8%	6%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of THE WESTERN INDIA PLY LTD (WIPL)?

The reported market capitalisation for THE WESTERN INDIA PLY LTD (WIPL) is ₹138Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of WIPL?

The current price shown for THE WESTERN INDIA PLY LTD (WIPL) on Fincrux is ₹162 with a 52-week high/low of ₹193/133.

What is the P/E ratio of THE WESTERN INDIA PLY LTD (WIPL)?

The stock P/E for THE WESTERN INDIA PLY LTD (WIPL) is 63.2 on Fincrux, with ROE at 4.48% and ROCE at 6.48%.

What were WIPL latest quarterly results?

For Jun 2026, THE WESTERN INDIA PLY LTD (WIPL) reported sales ₹26.51 Cr and net profit ₹0.26 Cr (figures in ₹ crore unless noted).

What are WIPL annual sales and net profit?

For TTM, THE WESTERN INDIA PLY LTD (WIPL) shows sales of ₹115 Cr and net profit of ₹2 Cr on the Fincrux profit & loss statement.

Who owns THE WESTERN INDIA PLY LTD (WIPL)?

Latest shareholding for THE WESTERN INDIA PLY LTD (WIPL) on Fincrux: Promoters 37.88% (Jun 2026), DIIs 2.67% (Jun 2026), Public 59.45% (Jun 2026), No. of Shareholders 2,775% (Jun 2026).

Where can I find THE WESTERN INDIA PLY LTD (WIPL) financials?

THE WESTERN INDIA PLY LTD (WIPL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show WIPL balance sheet and cash flow?

Yes. The THE WESTERN INDIA PLY LTD (WIPL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 0:38