Western India Plywoods Ltd (WIPL) — shareholding pattern, promoter holding, financials and share price
About Western India Plywoods Ltd (WIPL)
Western India Plywoods Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as WIPL and on the BSE under scrip code 538415. Its ISIN is INE215F01023.
Incorporated in 1945, Western India Plywoods Ltd is a manufacturer of Wood based products including Hardboard, Plywood, and Compreg [1]
Western India Plywoods Ltd., established in 1945 in Kerala, is a leading manufacturer of plywood, hardboards, and related products, utilizing both domestic and international markets for its low-density fiber board.
The company boasts various pioneering developments, including UV radiation cured surface finishes, making it a unique player with one of the few pre-finishing plants globally.
Listed peers in Civil Construction: Sadbhav Engineering Ltd, Telge Projects Ltd, Refex Renewables & Infrastructure Ltd, HEC Infra Projects Ltd, Durlax Top Surface Ltd.
Valuation & Returns
10 Jul 2026At ₹172.18 a share on 10 Jul 2026, Western India Plywoods Ltd (WIPL) was valued at a price-to-earnings ratio of 324.76x against an industry P/E of 25.97x and a price-to-book of 3.22x on a book value of ₹53.41 per share as of Mar 2025. Solomo computes return on equity of 0.99% and return on capital employed of 3.72% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 324.76x
- Industry P/E
- 25.97x
- P/B
- 3.22x
- EPS (TTM)
- ₹0.53
- Book value / share
- ₹53.41
- ROE
- 0.99%
- ROCE
- 3.72%
- ROA
- 0.56%
- Debt / equity
- 0.4x
- Dividend yield
- 0.7%
- EBITDA margin
- 3.72%
- 52-week range
- ₹133.1 – ₹193.2
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Western India Plywoods Ltd (WIPL) reported revenue of ₹119 crore and earnings per share of ₹0.53. That compares with revenue of ₹116 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹28.5 crore and net profit ₹-0.91 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 100 | 108 | 109 | 116 | 119 |
| Net profit (₹ cr) | 0 | 3 | 3 | 3 | 0 |
| EPS (₹) | 0.57 | 4.31 | 3.98 | 3.3 | 0.53 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 2.29% | 4.40% | 5.16% | 6.39% |
| Profit growth | 6.88% | 14.43% | 32.40% | -16.86% |
| Stock price CAGR | - | 20% | 10% | 1% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 37.88% of Western India Plywoods Ltd (WIPL) (up 0.82 pp QoQ). Market capitalisation was ₹146 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2017.
Largest disclosed public shareholders in Jun 2026: INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY AUTHORITY MINISTRY OF CORPORATE AFFAIRS 7.51%, YOGESH RASIKLAL DOSHI 5.07%, GULRUKH SAM IRANI 4.18%, LICI ASM NON 2.4%, MITALI ANUJ TURAKHIA 1.97%, SUPRAPTI FINVEST PVT LTD 1.79%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 37.88% | - | - | - | - |
| Mar 2026 | 37.06% | - | - | - | - |
| Dec 2025 | 39.37% | - | - | - | - |
| Sep 2025 | 40.87% | - | - | - | - |
| Jun 2025 | 40.79% | - | - | - | - |
| Mar 2025 | 40.79% | - | - | - | - |
| Dec 2024 | 40.79% | - | - | - | - |
| Sep 2024 | 40.79% | - | - | - | - |