| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 26.5 | 29.0 | −8.7% |
| EBITDA | −0.1 | 1.2 | — |
| EBITDA margin | −0.2% | 4.0% | −4.2 pts |
| Profit before tax | −0.2 | 0.5 | — |
| Net profit | −0.3 | 0.3 | — |
| EPS | ₹0.29 | ₹0.40 | −27.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 137 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1.6 | 1.6 | 7.9 | 10.2 | 12.8 | ||
| −0.3 | −0.3 | −0.1 | −0.1 | −0.1 | ||
| 9.3 | 9.3 | 18.3 | 18.9 | 17.2 | ||
| 144 | — | — | — | — | ||
| 116 | 119 | 116 | 109 | 108 | ||
| — | +2.5% | +6.4% | +1.1% | — | ||
| 2.4 | 3.6 | 6.6 | 7.0 | 7.4 | ||
| 2.0% | 3.0% | 5.7% | 6.4% | 6.9% | ||
| 0.3 | 1.5 | 4.7 | 5.6 | 5.8 | ||
| −0.2 | 0.5 | 2.8 | 3.4 | 3.5 | ||
| −0.2% | 0.4% | 2.4% | 3.1% | 3.2% | ||
| ₹0.00 | ₹0.84 | ₹3.30 | ₹3.98 | ₹4.31 | ||
| — | −74.6% | −17.2% | −7.7% | — | ||
| — | 6.6 | 1.9 | 3.0 | 15.1 | ||
| — | −1.9 | −1.7 | −5.8 | −3.2 | ||
| 4.8 | 4.8 | 0.2 | −2.7 | 12.0 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 137.0 | |
| - Cash, Equiv & ST Investments | 12.8 | 10.2 | 7.9 | 1.6 | 1.6 | |
| + Minority Interest | -0.1 | -0.1 | -0.1 | -0.3 | -0.3 | |
| + Total Debt | 17.2 | 18.9 | 18.3 | 9.3 | 9.3 | |
| Enterprise Value | — | — | — | — | 144.4 | |
| Revenue | 107.9 | 109.0 | 116.0 | 118.9 | 116.4 | |
| Growth %, YoY | — | +1.1 | +6.4 | +2.5 | — | |
| EBITDA | 7.4 | 7.0 | 6.6 | 3.6 | 2.4 | |
| Margin % | 6.87 | 6.42 | 5.65 | 2.99 | 2.02 | |
| EBIT | 5.8 | 5.6 | 4.7 | 1.5 | 0.3 | |
| Net Income | 3.5 | 3.4 | 2.8 | 0.5 | -0.2 | |
| Margin % | 3.24 | 3.10 | 2.41 | 0.38 | -0.16 | |
| EPS, Adj (current shares) | 4.31 | 3.98 | 3.30 | 0.84 | 0.00 | |
| Growth %, YoY | — | -7.7 | -17.2 | -74.6 | — | |
| Cash from Operations | 15.1 | 3.0 | 1.9 | 6.6 | — | |
| Capital Expenditures | -3.2 | -5.8 | -1.7 | -1.9 | — | |
| Free Cash Flow | 12.0 | -2.7 | 0.2 | 4.8 | 4.8 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
The Western India Plywoods (NSE: WIPL) had a market capitalisation of ₹139 crore at the 30 October 2026 close (₹163.37 a share) and a price-to-book ratio of 3.10. In FY26 its consolidated net profit was ₹71 lakh on revenue of ₹119 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹30 lakh. Its debt-to-equity ratio was 0.21 on 31 March 2026. Promoters held 37.88% of the shares on 30 September 2026.
The Western India Plywoods' PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹19 lakh, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹139 crore at ₹163.37 a share.
The Western India Plywoods' price-to-book (PB) ratio is 3.10 at the 30 October 2026 close: a market capitalisation of ₹139 crore divided by shareholders' equity (book value) of ₹44.8 crore on 31 March 2026. That is a book value of ₹52.71 per share against a share price of ₹163.37.
The Western India Plywoods' net worth — shareholders' equity in its consolidated balance sheet — was ₹44.8 crore on 31 March 2026, down 1.3% from ₹45.3 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹139 crore at the 30 October 2026 close.
The Western India Plywoods' market capitalisation was ₹139 crore at the 30 October 2026 close: 84.9 lakh shares at ₹163.37 each.
No. The Western India Plywoods had borrowings of ₹9.3 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.21. Its cash and current investments were ₹3 crore, so its net debt was ₹6.3 crore.
The Western India Plywoods' basic earnings per share (EPS) were ₹0.86 in FY26, against ₹3.30 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.75.
The Western India Plywoods' debt-to-equity ratio was 0.21 on 31 March 2026: borrowings of ₹9.3 crore against total equity of ₹44.4 crore. A year earlier, on 31 March 2025, it was 0.40.
The Western India Plywoods' book value per share was ₹52.71 on 31 March 2026: shareholders' equity of ₹44.8 crore divided by the 84.9 lakh shares in issue, down 1.3% from ₹53.40 a year earlier. The share price at the 30 October 2026 close was ₹163.37.
The Western India Plywoods' dividend yield is 0.61% at the 30 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹163.37. They were ₹1 on 21 September 2026.
In FY26, The Western India Plywoods' return on equity (ROE) was 1.6% and its return on capital employed (ROCE) was 2.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.3% and ROCE 8.3%.
Promoters held 37.88% of The Western India Plywoods on 30 September 2026, unchanged from the previous quarter and down 2.99 percentage points from 40.87% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, The Western India Plywoods' shares were held by promoters 37.88%, domestic institutions (DII) 2.06% and retail and other non-institutional investors 60.06%. Over the year, DII holding was down 0.61 percentage points from 2.67%.
In 2026, The Western India Plywoods has declared one dividend: ₹1 with record date 21 September 2026.
In FY26, The Western India Plywoods generated ₹6.6 crore of cash from operations and spent ₹1.9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹4.8 crore. In FY25 it was ₹23 lakh.
The Western India Plywoods will announce its Q2 FY27 results (July–September 2026) on Wednesday, 11 November 2026, the date of the board meeting it has notified to the exchanges.
The Western India Plywoods' latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net loss ₹30 lakh, against a profit of ₹34 lakh in Q1 FY26; revenue from operations ₹26.5 crore, down 8.7% year on year.
In FY26 (April 2025–March 2026), The Western India Plywoods' consolidated net profit was ₹71 lakh, down 74.6% from ₹2.8 crore in FY25, on revenue from operations of ₹119 crore (up 2.5%). Over three years, from FY23, net profit was down 80.6%.
At the 30 October 2026 closing prices, on FY26 net profit, The Western India Plywoods' PE ratio is 195.4, the highest of the four: Lagnam Spintex 9.9, Kritika Wires 21.5 and Airo Lam 22.6, a peer average of 18.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Lagnam Spintex, Kritika Wires and Airo Lam: The Western India Plywoods' operating margin of 1.3% is the lowest of the four (Lagnam Spintex 8.3%, Kritika Wires 1.4%, Airo Lam 5.9%; peer average 5.2%); its return on equity of 1.6% is the lowest of the four (Lagnam Spintex 11.2%, Kritika Wires 6.4%, Airo Lam 7.3%; peer average 8.3%); its revenue growth over three years of 3.3% a year is the lowest of the four (Lagnam Spintex 25.7% a year, Kritika Wires 35.0% a year, Airo Lam 6.8% a year; peer average 22.5% a year).
In FY26, The Western India Plywoods earned net profit of ₹71 lakh on revenue of ₹119 crore, against ₹14.4 crore on ₹605 crore for Lagnam Spintex. The Western India Plywoods' operating margin was 1.3% (Lagnam Spintex 8.3%) and its return on equity 1.6% (Lagnam Spintex 11.2%). At the 30 October 2026 close, The Western India Plywoods' market capitalisation was ₹139 crore against ₹142 crore for Lagnam Spintex, and its PE ratio on FY26 profit 195.4 against 9.9.
From The Western India Plywoods' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.