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
Negative results in Sep 25
- OPERATING CF(Y) Lowest at Rs 2.35 Cr
- PBT LESS OI(Q) At Rs 0.12 cr has Fallen at -90.70%
- ROCE(HY) Lowest at 6.97%
3
With ROCE of 7.3, it has a Expensive valuation with a 2.7 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 fallen by -26.9%
4
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
-33.91%
-0.82
41.28%
Sensex
4.71%
0.40
11.82%
Quality key factors
Factor
Value
Sales Growth (5y)
8.26%
EBIT Growth (5y)
28.99%
EBIT to Interest (avg)
3.26
Debt to EBITDA (avg)
3.25
Net Debt to Equity (avg)
0.14
Sales to Capital Employed (avg)
1.79
Tax Ratio
35.88%
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
61
Industry P/E
Price to Book Value
2.95
EV to EBIT
36.94
EV to EBITDA
23.97
EV to Capital Employed
2.71
EV to Sales
1.17
PEG Ratio
NA
Dividend Yield
0.77%
ROCE (Latest)
7.33%
ROE (Latest)
4.86%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Bullish
Bullish
Technical Movement
1What is working for the Company
DPS(Y)
Highest at Rs 1.20
-15What is not working for the Company
OPERATING CF(Y)
Lowest at Rs 2.35 Cr
PBT LESS OI(Q)
At Rs 0.12 cr has Fallen at -90.70%
ROCE(HY)
Lowest at 6.97%
PAT(Q)
Lowest at Rs 0.19 cr.
PBDIT(Q)
Lowest at Rs 0.82 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 2.74%
EPS(Q)
Lowest at Rs 0.22
Loading Valuation Snapshot...
Here's what is working for W I Plywoods
Dividend per Share (DPS) - Annually
Highest at Rs 1.20
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (Rs)
Here's what is not working for W I Plywoods
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 0.12 cr has Fallen at -90.70%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Operating Cash Flow - Annually
Lowest at Rs 2.35 Cr and Fallen
each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
Profit After Tax (PAT) - Quarterly
Lowest at Rs 0.19 cr. and Fallen
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 0.82 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 2.74%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 0.12 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.22
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






