W I Plywoods

When is the next results date for W I Plywoods?

No Upcoming Board Meetings

Has W I Plywoods declared dividend?

Yes, Western India Plywoods Ltd has declared a 12% dividend, amounting to ₹1.2 per share, with an ex-date of September 17, 2024. Despite recent price declines, the company has shown significant total returns over longer periods.

Western India Plywoods Ltd has declared a 12% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 12%<BR>- Amount per share: 1.2<BR>- Ex-date: 17 Sep 24<BR><BR>Dividend Yield: 0.79%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -30.04%, the dividend return was 0%, resulting in a total return of -30.04%.<BR><BR>Over the past year, the price return was -6.45%, with a dividend return of 0.73%, leading to a total return of -5.72%.<BR><BR>In the 2-year period, the price return was 54.6%, the dividend return was 2.09%, culminating in a total return of 56.69%.<BR><BR>For the 3-year period, the price return was 188.77%, with a dividend return of 5.77%, resulting in a total return of 194.54%.<BR><BR>In the last 4 years, the price return was 128.26%, the dividend return was 5.53%, leading to a total return of 133.79%.<BR><BR>Over the past 5 years, the price return was 194.33%, with a dividend return of 7.60%, resulting in a total return of 201.93%.<BR><BR>Overall, Western India Plywoods Ltd has declared a dividend and has shown varying returns over different periods, with significant total returns in the longer term despite recent declines in price returns.

Who are the peers of the W I Plywoods?

W I Plywoods' peers include Century Plyboard, Greenlam Industries, Greenply Industries, Greenpanel Industries, Stylam Industries, Archidply Decor, Ecoboard Industries, Naman In-Store, and Milton Industries. W I Plywoods has average management risk and a 1-year return of 0.00%, lower than its peers, with varying management risks and returns among them.

Peers: The peers of W I Plywoods are Century Plyboard, Greenlam Industr, Greenply Industr, Greenpanel Inds., Stylam Industrie, Archidply Decor, Ecoboard Inds., Naman In-Store, Milton Industri.<BR><BR>Quality Snapshot: Excellent management risk is observed at Stylam Industrie and Greenpanel Inds., while Good management risk is found at Century Plyboard, Greenlam Industr, and Naman In-Store. Average management risk is noted at Greenply Industr and Milton Industri., while W I Plywoods has Average management risk. Below Average management risk is seen at Archidply Decor and Ecoboard Inds. Growth is Excellent at Naman In-Store, Average at Stylam Industrie, and Below Average at Century Plyboard, Greenlam Industr, Greenply Industr, Greenpanel Inds., W I Plywoods, Archidply Decor, and Milton Industri. Below Average capital structure is found at Archidply Decor, Ecoboard Inds., and Naman In-Store, while Average capital structure is noted at Greenlam Industr, Greenply Industr, Milton Industri, and W I Plywoods. Excellent capital structure is observed at Century Plyboard and Greenpanel Inds.<BR><BR>Return Snapshot: Greenply Industr has the highest 1-year return at 28.16%, while Greenlam Industr has the lowest at -13.46%. W I Plywoods has a 1-year return of 0.00%, which is lower than both of these peers. Additionally, the six-month returns for Stylam Industrie, Greenpanel Inds., and Ecoboard Inds. are negative.

What is the technical trend for W I Plywoods?

As of April 2, 2025, W I Plywoods is in a bearish trend with moderate strength, indicated by bearish signals from MACD, RSI, Bollinger Bands, moving averages, and KST, suggesting a negative outlook for the stock in the near term.

As of 2 April 2025, the technical trend for W I Plywoods has changed from sideways to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, a bearish RSI on the monthly chart, and bearish signals from both Bollinger Bands and moving averages on the daily timeframe. The KST is also bearish on the weekly and mildly bearish on the monthly, while the OBV indicates a mildly bearish trend. Overall, the combination of these indicators suggests a negative outlook for the stock in the near term.

Who are in the management team of W I Plywoods?

As of March 2023, the management team of W I Plywoods includes P K Mayan Mohammed (Managing Director), R Balakrishnan (CFO & Company Secretary), T Balakrishnan (Chairman & Independent Director), Pushya Sitaraman (Independent Director), Parthasarathi Thiruvengadam (Director), Prasanth Ragunathan (Nominee), and Radha Unni (Director).

As of March 2023, the management team of W I Plywoods includes:<BR><BR>1. P K Mayan Mohammed - Managing Director<BR>2. R Balakrishnan - Chief Finance Officer & Company Secretary<BR>3. T Balakrishnan - Chairman & Independent Director<BR>4. Pushya Sitaraman - Independent Director<BR>5. Parthasarathi Thiruvengadam - Director<BR>6. Prasanth Ragunathan - Nominee<BR>7. Radha Unni - Director<BR><BR>These individuals hold various key positions within the company, contributing to its governance and operational management.

What does W I Plywoods do?

Western India Plywoods Ltd is a Micro Cap manufacturer of high-quality plywood and related products, established in 1945, with recent quarterly net sales of 291 Cr and a net profit of 8 Cr as of March 2025. The company has a market cap of INR 145 Cr and key financial metrics include a P/E ratio of 49.00 and a dividend yield of 0.76%.

Overview: <BR>Western India Plywoods Ltd is a manufacturer of high-quality plywoods and related products, operating within the Micro Cap category of the Plywood Boards/Laminates industry.<BR><BR>History: <BR>Established in 1945, Western India Plywoods Ltd began its operations with the manufacture of sawn timber and plywood. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 291 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 8 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 145 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 49.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.76% <BR>Debt Equity: 0.21 <BR>Return on Equity: 6.18% <BR>Price to Book: 2.96<BR><BR>Contact Details: <BR>Address: Mill Road, Baliapatam Kannur Kerala : 670010 <BR>Tel: 91-0497-2778151 (4 lines) <BR>Fax: 91-0497-2778181 <BR>Email: westernply@gmail.com/mail@wipltd.in <BR>Website: http://www.wipltd.in

Who are the top shareholders of the W I Plywoods?

The top shareholders of W I Plywoods include promoter P K Rafia with 3.81% and public shareholder Yogesh Rasiklal Doshi with 4.84%. Individual investors hold a total of 37.15%, with no mutual funds or foreign institutional investors currently involved.

The top shareholders of W I Plywoods include P K Rafia, who is the promoter with the highest holding at 3.81%. The highest public shareholder is Yogesh Rasiklal Doshi, holding 4.84%. Additionally, individual investors collectively hold 37.15% of the company's shares. It's also noteworthy that there are no mutual funds or foreign institutional investors currently holding shares in the company.

How big is W I Plywoods?

As of 24th July, Western India Plywoods Ltd has a market capitalization of 136.00 Cr, with recent net sales of 116.02 Cr and a net profit of 2.80 Cr. Shareholder's funds are 43.27 Cr and total assets are 75.62 Cr as of March 2024.

As of 24th July, Western India Plywoods Ltd has a market capitalization of 136.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 116.02 Cr and a Net Profit of 2.80 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 43.27 Cr and Total Assets totaling 75.62 Cr.

Is W I Plywoods overvalued or undervalued?

As of September 1, 2025, W I Plywoods is considered overvalued with a PE Ratio of 50.53 and an EV to EBITDA of 23.20, significantly higher than its peers, despite a strong historical return of 213.88% over three years and a low ROE of 6.18%.

As of 1 September 2025, W I Plywoods has moved from a fair to an expensive valuation grade. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 50.53, an EV to EBITDA of 23.20, and a Price to Book Value of 3.33, which are significantly higher than those of its peers. For instance, Garware Hi Tech has a PE Ratio of 19.85 and an EV to EBITDA of 13.51, while AGI Greenpac boasts a much lower PE of 16.25 and an EV to EBITDA of 9.38, indicating that W I Plywoods is trading at a premium compared to its competitors.<BR><BR>Despite a strong historical performance with a 3-year return of 213.88%, the current valuation does not seem justified given the company's ROE of 6.18% and a dividend yield of only 0.67%. The recent stock performance has outpaced the Sensex in the short term, but the long-term outlook appears less favorable, reinforcing the conclusion that W I Plywoods is currently overvalued.

How has been the historical performance of W I Plywoods?

W I Plywoods has shown steady growth in net sales and total assets from Mar'21 to Mar'25, but profitability metrics have fluctuated, with declines in operating profit and profit after tax. The company faces challenges in maintaining consistent profit levels despite rising expenditures.

Answer:<BR>The historical performance of W I Plywoods shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>W I Plywoods has experienced a steady increase in net sales, rising from 85.03 Cr in Mar'21 to 116.02 Cr in Mar'25. Total operating income followed a similar trajectory, reaching 116.02 Cr in Mar'25, up from 99.73 Cr in Mar'22. However, the company's total expenditure has also increased, culminating at 109.47 Cr in Mar'25, which reflects rising raw material costs and other expenses. 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 has fluctuated, with the highest at 5.07 Cr in Mar'23, but dropping to 4.15 Cr in Mar'25. Profit after tax has similarly decreased from 3.49 Cr in Mar'23 to 2.80 Cr in Mar'25. The company's total assets have increased to 79.69 Cr in Mar'25, while total liabilities also rose to 79.69 Cr, indicating a balance between growth in assets and liabilities. Cash flow from operating activities has shown a decline, with a net cash outflow of 2.00 Cr in Mar'24, down from a positive inflow in previous years. Overall, W I Plywoods has shown growth in sales and assets, but profitability metrics indicate challenges in maintaining consistent profit levels.

Are Western India Plywoods Ltd latest results good or bad?

Western India Plywoods Ltd's latest results show a strong quarter-on-quarter recovery with a 336.84% increase in net profit and a 5.11% rise in net sales, but year-on-year comparisons reveal a 5.68% decline in net profit and only a 1.85% increase in sales, indicating ongoing challenges in the industry. Investors should be cautious, as the company faces significant hurdles despite recent improvements.

Western India Plywoods Ltd's latest results present a mixed picture. On one hand, the company reported a significant quarter-on-quarter increase in net profit, soaring by 336.84% to ₹0.83 crore from ₹0.19 crore in the previous quarter. This recovery is encouraging, especially considering the challenging environment in the plywood industry. Additionally, net sales rose by 5.11% quarter-on-quarter to ₹31.45 crore, marking the highest quarterly revenue in recent periods.<BR><BR>However, when looking at the year-on-year performance, the net profit decreased by 5.68% compared to the same quarter last year, and net sales only grew by 1.85%. This suggests that while there has been a recovery from the previous quarter, the company is still struggling to achieve meaningful growth compared to last year.<BR><BR>The operating margin improved to 6.30%, up from 2.74% in the previous quarter, but remains below the 6.78% achieved in the same quarter last year. The overall financial performance indicates a recovery from a low base, but the underlying challenges—such as volatility in raw material costs and intense competition—persist.<BR><BR>In summary, while the quarterly results show positive momentum, the year-on-year declines and ongoing operational challenges raise concerns about the sustainability of this recovery. Investors may want to approach the stock with caution, considering both the improvements and the significant hurdles the company faces.

Should I buy, sell or hold Western India Plywoods Ltd?

Why is Western India Plywoods Ltd falling/rising?

As of 17-Mar, the stock price of Western India Plywoods Ltd is slightly rising at 147.68, but faces significant challenges with a 3.14% decline over the past week and low investor confidence. Despite today's performance, the stock's overall trend indicates potential weaknesses and concerns about future prospects.

As of 17-Mar, the stock price of Western India Plywoods Ltd is experiencing a slight rise, currently at 147.68, with a change of 0.36 (0.24%) upwards. However, this positive movement occurs against a backdrop of broader challenges. Over the past week, the stock has declined by 3.14%, while it has shown a modest gain of 0.57% over the last month, contrasting sharply with the Sensex, which has dropped by 8.34% in the same period.<BR><BR>Despite today's performance, which has outperformed its sector by 1.51%, the stock is trading below its moving averages across various time frames, indicating a potential weakness in momentum. Additionally, there has been a decrease in investor participation, with delivery volume falling by 0.78% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Several negative factors contribute to the stock's overall decline. The company has shown poor long-term growth, with net sales increasing at an annual rate of only 8.12% over the last five years. The return on capital employed (ROCE) is low at 6.97%, and the stock is considered expensive with a PEG ratio of 6, despite profits rising by 9.8% over the past year. Furthermore, promoter confidence appears to be waning, as they have reduced their stake by 1.42% in the last quarter, which may signal concerns about the company's future prospects.<BR><BR>In summary, while there is a slight uptick in the stock price today, the overall trend reflects significant challenges, including underperformance relative to the market and declining investor confidence, which could overshadow any short-term gains.

Why is Western India Plywoods Ltd falling/rising?

As of 18-Mar, Western India Plywoods Ltd's stock price has risen to 152.90, reflecting a 3.53% increase, but it faces long-term challenges with a negative annual return of -19.53% and declining investor interest. Despite recent short-term gains, the company's modest sales growth and low ROCE indicate potential sustainability issues.

As of 18-Mar, Western India Plywoods Ltd is experiencing a rise in its stock price, currently at 152.90, reflecting a change of 5.22 (3.53%) upwards. This increase can be attributed to its recent performance, where the stock has outperformed its sector by 1.46%. Additionally, over the past month, the stock has shown a positive return of 6.66%, contrasting with the Sensex, which has declined by 7.91% during the same period.<BR><BR>However, it is important to note that despite the recent rise, the stock has significant long-term challenges. Over the past year, it has underperformed the market, generating a negative return of -19.53% compared to the Sensex's positive return of 4.13%. Furthermore, the company's net sales growth has been modest at an annual rate of 8.12% over the last five years, and the return on capital employed (ROCE) is relatively low at 7.3, indicating expensive valuation metrics.<BR><BR>Investor participation has also been declining, with a notable drop in delivery volume by 75.43% against the five-day average, which could signal waning interest among investors. Additionally, the promoters have reduced their stake in the company by 1.42%, which may reflect a lack of confidence in the company's future prospects.<BR><BR>In summary, while the stock is currently rising due to short-term performance metrics, it faces significant long-term challenges that could impact its sustainability.

Why is Western India Plywoods Ltd falling/rising?

As of 19-Mar, Western India Plywoods Ltd's stock price is declining due to poor performance relative to the market, with a one-year return of -21.46% and concerning financial metrics, including low net sales growth and reduced promoter confidence. This has led to decreased investor participation and a bearish trend in the stock.

As of 19-Mar, Western India Plywoods Ltd's stock price is falling, currently at 147.66, reflecting a change of -5.24 (-3.43%). This decline can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has been underperforming relative to the market, with a one-year return of -21.46%, significantly lower than the BSE500's return of 1.22%. This poor performance indicates a lack of investor confidence in the company's future prospects. Furthermore, the company's financial metrics reveal concerning trends; for instance, its net sales have only grown at an annual rate of 8.12% over the past five years, which is considered poor long-term growth.<BR><BR>Additionally, the stock is trading below its moving averages across various time frames, suggesting a bearish trend. The delivery volume has also decreased by 32.28% compared to the five-day average, indicating reduced investor participation. <BR><BR>Moreover, there are signs of diminishing promoter confidence, as promoters have reduced their stake in the company by 1.42% in the previous quarter, now holding 39.37%. This reduction may signal a lack of faith in the company's future performance. <BR><BR>Overall, these factors contribute to the stock's decline, as investors react to the company's underwhelming growth, decreasing participation, and the negative sentiment surrounding its management's confidence in the business.

Why is Western India Plywoods Ltd falling/rising?

As of 20-Mar, Western India Plywoods Ltd's stock price is rising to 149.99, but it has shown mixed performance with a year-to-date increase of 2.98% contrasted by an 18.75% decline over the past year, indicating underlying issues such as poor long-term growth and waning promoter confidence.

As of 20-Mar, Western India Plywoods Ltd's stock price is rising, currently at 149.99, reflecting a change of 2.33 (1.58%) upward. This increase can be attributed to its performance today, where it outperformed the sector by 2.06%. However, despite this short-term rise, the stock has shown a mixed performance over various periods. <BR><BR>In the last week, the stock has decreased by 1.28%, while it has gained 1.02% over the past month. Year-to-date, it has increased by 2.98%, contrasting with a significant decline of 18.75% over the past year. This long-term decline indicates underlying issues, such as poor long-term growth, with net sales growing at an annual rate of only 8.12% over the last five years. <BR><BR>Moreover, the stock's return on capital employed (ROCE) is relatively low at 7.3, and the company has an expensive valuation with a PEG ratio of 6.1. Additionally, promoter confidence appears to be waning, as they have reduced their stake by 1.42% in the previous quarter, which may signal concerns about the company's future prospects. <BR><BR>Overall, while the stock is experiencing a rise in price today, the broader context of declining investor participation, poor long-term growth, and reduced promoter confidence suggests that the stock may face challenges moving forward.

Which are the latest news on W I Plywoods?