
Western India (WIPL) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
290.6M
Gross Profit
187.2M
64.42%
Operating Income
14.8M
5.09%
Net Income
7.7M
2.65%
Balance Sheet Metrics
Total Assets
796.9M
Total Liabilities
344.0M
Shareholders Equity
452.9M
Debt to Equity
0.76
Cash Flow Metrics
Revenue & Profitability Trend
Western India Income Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Revenue | 1.2B | 1.1B | 1.1B | 992.5M | 845.3M |
Cost of Goods Sold | 415.3M | 482.4M | 482.8M | 447.5M | 390.2M |
Gross Profit | 744.9M | 603.7M | 591.8M | 545.0M | 455.1M |
Gross Margin % | 64.2% | 55.6% | 55.1% | 54.9% | 53.8% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | - | 75.1M | 96.1M | 118.0M | 64.9M |
Other Operating Expenses | 492.8M | 281.8M | 243.9M | 231.3M | 214.2M |
Total Operating Expenses | 492.8M | 356.9M | 340.0M | 349.3M | 279.2M |
Operating Income | 46.7M | 56.7M | 58.3M | 18.4M | 11.0M |
Operating Margin % | 4.0% | 5.2% | 5.4% | 1.8% | 1.3% |
Non-Operating Items | |||||
Interest Income | - | 3.2M | 2.6M | 1.3M | 918.0K |
Interest Expense | 11.7M | 10.2M | 12.4M | 12.5M | 14.4M |
Other Non-Operating Income | - | - | - | - | - |
Pre-tax Income | 41.5M | 49.4M | 50.7M | 7.7M | -4.1M |
Income Tax | 13.5M | 15.5M | 15.8M | 5.6M | 2.9M |
Effective Tax Rate % | 32.5% | 31.5% | 31.2% | 73.2% | 0.0% |
Net Income | 28.0M | 33.8M | 34.9M | 2.1M | -7.0M |
Net Margin % | 2.4% | 3.1% | 3.2% | 0.2% | -0.8% |
Key Metrics | |||||
EBITDA | 72.0M | 74.0M | 79.5M | 44.9M | 37.1M |
EPS (Basic) | - | ₹3.98 | ₹4.31 | ₹0.56 | ₹-0.31 |
EPS (Diluted) | - | ₹3.98 | ₹4.31 | ₹0.56 | ₹-0.31 |
Basic Shares Outstanding | - | 8487340 | 8487340 | 8487340 | 8487340 |
Diluted Shares Outstanding | - | 8487340 | 8487340 | 8487340 | 8487340 |
Income Statement Trend
Western India Balance Sheet From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 79.3M | 102.1M | 128.4M | 29.3M | 28.5M |
Short-term Investments | 32.9M | 27.7M | 29.8M | 34.1M | - |
Accounts Receivable | 210.8M | 176.3M | 133.5M | 195.3M | 166.8M |
Inventory | 165.5M | 135.9M | 145.1M | 165.8M | 197.4M |
Other Current Assets | 12.5M | 941.0K | 13.1M | 5.6M | 2.4M |
Total Current Assets | 504.6M | 462.0M | 452.6M | 436.7M | 448.0M |
Non-Current Assets | |||||
Property, Plant & Equipment | 241.9M | 202.9M | 169.1M | 173.2M | 0 |
Goodwill | 56.0M | 56.0M | 56.0M | 56.0M | 56.0M |
Intangible Assets | - | - | - | - | - |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 300.0K | 600.0K | 800.0K | 100.0K | - |
Total Non-Current Assets | 292.3M | 294.1M | 246.0M | 226.4M | 235.4M |
Total Assets | 796.9M | 756.2M | 698.5M | 663.1M | 683.4M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 57.7M | 46.7M | 31.5M | 40.7M | 53.9M |
Short-term Debt | 97.5M | 78.7M | 63.5M | 40.9M | 24.1M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 16.7M | 17.9M | 22.1M | 13.9M | - |
Total Current Liabilities | 236.5M | 194.6M | 161.9M | 131.6M | 131.5M |
Non-Current Liabilities | |||||
Long-term Debt | 85.7M | 110.0M | 108.8M | 134.5M | 143.2M |
Deferred Tax Liabilities | 14.0M | 12.1M | 9.4M | 7.7M | 10.6M |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | 107.5M | 129.9M | 125.2M | 147.4M | 158.3M |
Total Liabilities | 344.0M | 324.5M | 287.1M | 279.0M | 289.8M |
Equity | |||||
Common Stock | 84.9M | 84.9M | 84.9M | 84.9M | 84.9M |
Retained Earnings | - | 177.0M | 151.7M | 121.9M | 124.0M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 452.9M | 431.6M | 411.5M | 384.1M | 393.6M |
Key Metrics | |||||
Total Debt | 183.2M | 188.7M | 172.3M | 175.3M | 167.3M |
Working Capital | 268.1M | 267.4M | 290.7M | 305.1M | 316.5M |
Balance Sheet Composition
Western India Cash Flow Statement
No cash flow data available.
Western India Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
45.47
Price to Book
2.26
Price to Sales
1.06
Profitability Ratios
Profit Margin
2.49%
Operating Margin
2.54%
Return on Equity
6.18%
Return on Assets
3.51%
Financial Health
Current Ratio
2.13
Debt to Equity
40.45
Per Share Data
EPS (TTM)
₹3.31
Book Value per Share
₹66.54
Revenue per Share
₹135.99
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
wipl | 1.3B | 45.47 | 2.26 | 6.18% | 2.49% | 40.45 |
Century Plyboards | 161.8B | 79.96 | 6.85 | 7.79% | 4.32% | 66.67 |
Greenply Industries | 38.4B | 44.05 | 4.71 | 11.34% | 3.47% | 63.72 |
Greenpanel | 33.5B | 153.46 | 2.42 | 5.21% | 1.56% | 29.79 |
Indian Wood Products | 2.5B | 48.36 | 0.71 | 1.47% | 2.35% | 22.22 |
Duroply Industries | 2.1B | 39.84 | 1.56 | 5.82% | 1.58% | 44.68 |
Financial data is updated regularly. All figures are in the company's reporting currency.