Why is Western India Plywoods Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 8.26% over the last 5 years
2
Flat results in Dec 25
- ROCE(HY) Lowest at 6.97%
3
With ROCE of 7.3, it has a Expensive valuation with a 2.8 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -100.00%, its profits have risen by 9.8% ; the PEG ratio of the company is 6.4
4
Reducing Promoter Confidence
- Promoters have decreased their stake in the company by -1.42% over the previous quarter and currently hold 39.37% of the company
- Promoters decreasing their stake may signify reduced confidence in the future of the business
5
Below par performance in long term as well as near term
- Along with generating -100.00% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Plywood Boards/ Laminates)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is W I Plywoods for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
W I Plywoods
-24.58%
-0.61
40.42%
Sensex
7.07%
0.61
11.53%
Quality key factors
Factor
Value
Sales Growth (5y)
8.12%
EBIT Growth (5y)
24.77%
EBIT to Interest (avg)
3.39
Debt to EBITDA (avg)
3.25
Net Debt to Equity (avg)
0.14
Sales to Capital Employed (avg)
1.79
Tax Ratio
37.17%
Dividend Payout Ratio
23.20%
Pledged Shares
0
Institutional Holding
2.67%
ROCE (avg)
7.66%
ROE (avg)
5.26%
Valuation Key Factors 
Factor
Value
P/E Ratio
63
Industry P/E
Price to Book Value
3.00
EV to EBIT
36.36
EV to EBITDA
23.73
EV to Capital Employed
2.75
EV to Sales
1.18
PEG Ratio
6.44
Dividend Yield
0.76%
ROCE (Latest)
7.33%
ROE (Latest)
4.86%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
Bullish
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Bullish
Bullish
Technical Movement
3What is working for the Company
NET SALES(Q)
Highest at Rs 31.45 cr
PBDIT(Q)
Highest at Rs 1.98 cr.
PBT LESS OI(Q)
Highest at Rs 1.24 cr.
-3What is not working for the Company
ROCE(HY)
Lowest at 6.97%
Loading Valuation Snapshot...
Here's what is working for W I Plywoods
Net Sales - Quarterly
Highest at Rs 31.45 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 1.98 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 1.24 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)






