{
  "main_header": {
    "sid": 456168,
    "name": "W I Plywoods",
    "stock_name": "W I Plywoods",
    "full_name": "Western India Plywoods Ltd",
    "name_url": "stocks-analysis/w-i-plywoods",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "155.98",
    "chg": 0.15,
    "chgp": "0.1%",
    "dir": 1,
    "prev_price": "155.83",
    "mcapval": "132.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "WIPL",
    "ind_name": "Plywood Boards/ Laminates",
    "ind_code": 43,
    "indexname": "",
    "isin": "INE215F01023",
    "curr_date": "Dec 17",
    "curr_time": "",
    "bse_nse_vol": 827,
    "exc_status": "Active",
    "traded_date": "Dec 17, 2025",
    "traded_date_str": "2025 12 17",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/w-i-plywoods-456168-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Why is W I Plywoods falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-w-i-plywoods-fallingrising-3757784",
        "imagepath": "",
        "date": "2025-12-13 01:10:35",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Relative Performance</strong></p>\n<p>Western India Plywoods has experienced a consistent downward trajectory over multiple time frames. In the past week, the stock fell by 2.90%, significantly underperforming the Sensex, which declined by only 0.53% during the same period. The one-month performance further emphasises this trend, with the stock dropping 8.60% while the Sensex gained 0.66%. Year-to-date figures reveal a stark contrast, as Western India Plywoods has lost 38.28% of its value, whereas the Sensex has appreciated by 10.16%. Over the last year, the stock declined by 33.88%, in contrast to the Sensex’s 6.10% gain. Despite these recent setbacks, the company’s longer-term performance remains robust, with a three-year return of 65.73% and an impressive five-yea..."
      },
      {
        "title": "W I Plywoods Sees Revision in Market Evaluation Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/w-i-plywoods-upgraded-from-strong-sell-to-sell-by-marketsmojo-on-21-nov-2025-3748367",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/WIPlywoods_mojoScore_3748367.png",
        "date": "2025-12-05 10:10:08",
        "description": "W I Plywoods has undergone a revision in its market evaluation, reflecting a shift in analytical perspective driven by changes across key financial and technical parameters. Despite a challenging year-to-date performance, the stock's recent assessment highlights nuanced developments in quality, valuation, financial trends, and technical outlook within the plywood boards and laminates sector."
      },
      {
        "title": "How has been the historical performance of W I Plywoods?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-w-i-plywoods-3721725",
        "imagepath": "",
        "date": "2025-11-21 22:45:26",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Over the seven-year period ending March 2025, W I Plywoods’ net sales have shown a consistent upward trend, rising from ₹101.31 crores in 2019 to ₹116.02 crores in 2025. This growth reflects the company’s ability to expand its market presence and sales volume steadily. Total operating income mirrored this pattern, with no other operating income reported, indicating reliance on core business activities.</p>\n<p>Operating profit before depreciation, interest, and tax (PBDIT) excluding other income peaked at ₹7.41 crores in 2023 before moderating slightly to ₹6.55 crores in 2025. The operating profit margin, excluding other income, has fluctuated between 4.23% and 6.87%, with the latest figure at 5.65%, suggesting moderate operational efficiency a..."
      },
      {
        "title": "Western India Plywoods Forms Golden Cross, Signalling Potential Bullish Breakout",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/western-india-plywoods-forms-golden-cross-signalling-potential-bullish-breakout-3721615",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/WesternIndiaPly_goldencross_3721615.png",
        "date": "2025-11-21 18:00:27",
        "description": "Western India Plywoods has recently experienced a significant technical event known as the Golden Cross, where its 50-day moving average has crossed above the 200-day moving average. This development is widely regarded as a bullish signal, indicating a potential shift in long-term momentum and a possible trend reversal for the plywood boards and laminates company."
      },
      {
        "title": "Why is W I Plywoods falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-w-i-plywoods-fallingrising-3708416",
        "imagepath": "",
        "date": "2025-11-17 22:45:03",
        "description": "As of 17-Nov, Western India Plywoods Ltd is experiencing a price increase, currently at 163.79, reflecting a change of 4.21 or 2.64% upward. Despite this positive movement today, the stock has shown a mixed performance over different periods, with a 1-week decline of 3.21% and a year-to-date drop of 34.55%. The stock is currently outperforming its sector by 1.41%, but it is trading below several moving averages, indicating potential volatility. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 30.44% compared to the 5-day average. The company's financial health is concerning, as it has shown poor long-term growth with net sales increasing at only 7.22% annually over the last five years, and negative results in the most recent quarter.\n\nBroader Market Context: In the context of the broader market, the stock has underperformed significantly, with a 1-ye..."
      },
      {
        "title": "Western India Plywoods Q2 FY26: Profit Plummets 81% as Margin Pressures Mount",
        "link": "https://www.marketsmojo.com/news/result-analysis/western-india-plywoods-q2-fy26-profit-plummets-81-as-margin-pressures-mount-3715913",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/WesternIndiaPly_quaterlyResult_3715913.png",
        "date": "2025-11-15 09:29:24",
        "description": "Western India Plywoods Ltd., the Kerala-based manufacturer of plywood and laminates, reported a sharp 81.00% year-on-year decline in net profit to ₹0.19 crores for Q2 FY2026, down from ₹1.00 crore in the same quarter last year. The quarter-on-quarter performance was equally concerning, with profit falling 44.12% from ₹0.34 crores in Q1 FY2026. Despite a modest 3.14% sequential revenue growth to ₹29.92 crores, the company's profitability was severely impacted by margin compression and elevated tax costs."
      },
      {
        "title": "How has been the historical performance of W I Plywoods?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-w-i-plywoods-3703417",
        "imagepath": "",
        "date": "2025-11-14 23:58:58",
        "description": "Answer:\nThe historical performance of W I Plywoods shows a mixed trend over the years, with fluctuations in key financial metrics.\n\nBreakdown:\nW I Plywoods has experienced growth in net sales, increasing from 85.03 Cr in Mar'21 to 116.02 Cr in Mar'25. Total operating income followed a similar upward trajectory, reaching 116.02 Cr in Mar'25 from 85.03 Cr in Mar'21. However, the company's operating profit (PBDIT) has shown variability, peaking at 8.11 Cr in Mar'23 before declining to 7.20 Cr in Mar'25. Profit before tax also fluctuated, with a high of 5.07 Cr in Mar'23, dropping to 4.15 Cr in Mar'25. Profit after tax mirrored this trend, decreasing from 3.49 Cr in Mar'23 to 2.80 Cr in Mar'25. The company's total liabilities increased from 68.34 Cr in Mar'21 to 79.69 Cr in Mar'25, while total assets rose from 68.34 Cr in Mar'21 to 79.69 Cr in Mar'25, indicating a consistent growth in the asset base. Cash flow ..."
      },
      {
        "title": "How has been the historical performance of W I Plywoods?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-w-i-plywoods-3699307",
        "imagepath": "",
        "date": "2025-11-13 23:31:30",
        "description": "Answer:\nThe historical performance of W I Plywoods shows a mixed trend in financial metrics over the years.\n\nBreakdown:\nW I Plywoods has experienced growth in net sales, increasing from 85.03 Cr in Mar'21 to 116.02 Cr in Mar'25, with a notable rise from 109.04 Cr in Mar'24. Total operating income followed a similar trend, reaching 116.02 Cr in Mar'25. However, total expenditure also rose, reaching 109.47 Cr in Mar'25, up from 81.41 Cr in Mar'21. Operating profit (PBDIT) has fluctuated, peaking at 8.11 Cr in Mar'23 before declining to 7.20 Cr in Mar'25. Profit before tax showed a decline from 5.07 Cr in Mar'23 to 4.15 Cr in Mar'25, while profit after tax decreased from 3.49 Cr in Mar'23 to 2.80 Cr in Mar'25. The company's total assets increased from 74.50 Cr in Mar'20 to 79.69 Cr in Mar'25, with total liabilities also rising from 68.34 Cr to 79.69 Cr in the same period. Cash flow from operating activities ha..."
      },
      {
        "title": "Why is W I Plywoods falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-w-i-plywoods-fallingrising-3698692",
        "imagepath": "",
        "date": "2025-11-13 22:46:18",
        "description": "As of 13-Nov, Western India Plywoods Ltd is experiencing a decline in its stock price, currently at 153.55, which reflects a decrease of 15.44 points or 9.14%. The stock has underperformed its sector by 9.39% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 71.03% compared to the 5-day average. The stock has shown a year-to-date decline of 38.64%, which is notably worse than the Sensex's gain of 9.45% over the same period. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.\n\nIn the broader market context, the stock's performance over the past week has been particularly poor, with a return of -10.68%, while the Sensex has gained 1.45%. This stark contrast highlights ..."
      }
    ],
    "total": 4992,
    "sid": "456168",
    "stock_news_url": "https://www.marketsmojo.com/news/western-india-plywoods-456168"
  },
  "announcements": [
    {
      "details": "The Western India Plywoods Limited has informed the Exchange regarding Board meeting held on November 13, 2019.",
      "source": "NSE",
      "caption": "The Western India Plywoods Limited - Outcome of Board Meeting",
      "datetime": "14-Nov-2019"
    },
    {
      "details": " <table><tr><td>The Western India Plywoods Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 20, 2019. Further, the company has informed the Exchange regarding voting results along with copy of scrutinizers report together with copy of minutes. </td></tr></table>",
      "source": "NSE",
      "caption": "Shareholders meeting",
      "datetime": "20-Sep-2019"
    },
    {
      "details": " <table><tr><td>The Western India Plywoods Limited has informed the Exchange that the Register of Members & Share Transfer Books of the Company will remain closed from September 14, 2019 to September 20, 2019(both days inclusive) for the purpose of Annual General Meeting of the Company to be held on September 20, 2019 and Payment of Dividend </td></tr></table>",
      "source": "NSE",
      "caption": "AGM\\/Book Closure",
      "datetime": "21-Aug-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Western India Plywoods Ltd has declared <strong>12%</strong> dividend, ex-date: 18 Sep 25",
          "dt": "2025-09-18",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is W I Plywoods falling/rising?

2025-12-13 01:10:35

Recent Price Movement and Relative Performance

Western India Plywoods has experienced a consistent downward trajectory over multiple time frames. In the past week, the stock fell by 2.90%, significantly underperforming the Sensex, which declined by only 0.53% during the same period. The one-month performance further emphasises this trend, with the stock dropping 8.60% while the Sensex gained 0.66%. Year-to-date figures reveal a stark contrast, as Western India Plywoods has lost 38.28% of its value, whereas the Sensex has appreciated by 10.16%. Over the last year, the stock declined by 33.88%, in contrast to the Sensex’s 6.10% gain. Despite these recent setbacks, the company’s longer-term performance remains robust, with a three-year return of 65.73% and an impressive five-yea...

Read More

W I Plywoods Sees Revision in Market Evaluation Amid Mixed Financial Signals

2025-12-05 10:10:08

W I Plywoods has undergone a revision in its market evaluation, reflecting a shift in analytical perspective driven by changes across key financial and technical parameters. Despite a challenging year-to-date performance, the stock's recent assessment highlights nuanced developments in quality, valuation, financial trends, and technical outlook within the plywood boards and laminates sector.

Read More

How has been the historical performance of W I Plywoods?

2025-11-21 22:45:26

Revenue and Profitability Trends

Over the seven-year period ending March 2025, W I Plywoods’ net sales have shown a consistent upward trend, rising from ₹101.31 crores in 2019 to ₹116.02 crores in 2025. This growth reflects the company’s ability to expand its market presence and sales volume steadily. Total operating income mirrored this pattern, with no other operating income reported, indicating reliance on core business activities.

Operating profit before depreciation, interest, and tax (PBDIT) excluding other income peaked at ₹7.41 crores in 2023 before moderating slightly to ₹6.55 crores in 2025. The operating profit margin, excluding other income, has fluctuated between 4.23% and 6.87%, with the latest figure at 5.65%, suggesting moderate operational efficiency a...

Read More

Western India Plywoods Forms Golden Cross, Signalling Potential Bullish Breakout

2025-11-21 18:00:27

Western India Plywoods has recently experienced a significant technical event known as the Golden Cross, where its 50-day moving average has crossed above the 200-day moving average. This development is widely regarded as a bullish signal, indicating a potential shift in long-term momentum and a possible trend reversal for the plywood boards and laminates company.

Read More

Why is W I Plywoods falling/rising?

2025-11-17 22:45:03

As of 17-Nov, Western India Plywoods Ltd is experiencing a price increase, currently at 163.79, reflecting a change of 4.21 or 2.64% upward. Despite this positive movement today, the stock has shown a mixed performance over different periods, with a 1-week decline of 3.21% and a year-to-date drop of 34.55%. The stock is currently outperforming its sector by 1.41%, but it is trading below several moving averages, indicating potential volatility. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 30.44% compared to the 5-day average. The company's financial health is concerning, as it has shown poor long-term growth with net sales increasing at only 7.22% annually over the last five years, and negative results in the most recent quarter. Broader Market Context: In the context of the broader market, the stock has underperformed significantly, with a 1-ye...

Read More

Western India Plywoods Q2 FY26: Profit Plummets 81% as Margin Pressures Mount

2025-11-15 09:29:24

Western India Plywoods Ltd., the Kerala-based manufacturer of plywood and laminates, reported a sharp 81.00% year-on-year decline in net profit to ₹0.19 crores for Q2 FY2026, down from ₹1.00 crore in the same quarter last year. The quarter-on-quarter performance was equally concerning, with profit falling 44.12% from ₹0.34 crores in Q1 FY2026. Despite a modest 3.14% sequential revenue growth to ₹29.92 crores, the company's profitability was severely impacted by margin compression and elevated tax costs.

Read More

How has been the historical performance of W I Plywoods?

2025-11-14 23:58:58

Answer: The historical performance of W I Plywoods shows a mixed trend over the years, with fluctuations in key financial metrics. Breakdown: W I Plywoods has experienced growth in net sales, increasing from 85.03 Cr in Mar'21 to 116.02 Cr in Mar'25. Total operating income followed a similar upward trajectory, reaching 116.02 Cr in Mar'25 from 85.03 Cr in Mar'21. However, the company's operating profit (PBDIT) has shown variability, peaking at 8.11 Cr in Mar'23 before declining to 7.20 Cr in Mar'25. Profit before tax also fluctuated, with a high of 5.07 Cr in Mar'23, dropping to 4.15 Cr in Mar'25. Profit after tax mirrored this trend, decreasing from 3.49 Cr in Mar'23 to 2.80 Cr in Mar'25. The company's total liabilities increased from 68.34 Cr in Mar'21 to 79.69 Cr in Mar'25, while total assets rose from 68.34 Cr in Mar'21 to 79.69 Cr in Mar'25, indicating a consistent growth in the asset base. Cash flow ...

Read More

How has been the historical performance of W I Plywoods?

2025-11-13 23:31:30

Answer: The historical performance of W I Plywoods shows a mixed trend in financial metrics over the years. Breakdown: W I Plywoods has experienced growth in net sales, increasing from 85.03 Cr in Mar'21 to 116.02 Cr in Mar'25, with a notable rise from 109.04 Cr in Mar'24. Total operating income followed a similar trend, reaching 116.02 Cr in Mar'25. However, total expenditure also rose, reaching 109.47 Cr in Mar'25, up from 81.41 Cr in Mar'21. Operating profit (PBDIT) has fluctuated, peaking at 8.11 Cr in Mar'23 before declining to 7.20 Cr in Mar'25. Profit before tax showed a decline from 5.07 Cr in Mar'23 to 4.15 Cr in Mar'25, while profit after tax decreased from 3.49 Cr in Mar'23 to 2.80 Cr in Mar'25. The company's total assets increased from 74.50 Cr in Mar'20 to 79.69 Cr in Mar'25, with total liabilities also rising from 68.34 Cr to 79.69 Cr in the same period. Cash flow from operating activities ha...

Read More

Why is W I Plywoods falling/rising?

2025-11-13 22:46:18

As of 13-Nov, Western India Plywoods Ltd is experiencing a decline in its stock price, currently at 153.55, which reflects a decrease of 15.44 points or 9.14%. The stock has underperformed its sector by 9.39% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 71.03% compared to the 5-day average. The stock has shown a year-to-date decline of 38.64%, which is notably worse than the Sensex's gain of 9.45% over the same period. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement. In the broader market context, the stock's performance over the past week has been particularly poor, with a return of -10.68%, while the Sensex has gained 1.45%. This stark contrast highlights ...

Read More

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