Western India Plywoods Ltd. | Small-cap | Basic Materials
₹162.51
1.23%
| Western India Stock Comparison:
Western India vs Century PlyboardsWestern India vs Greenply IndustriesWestern India vs GreenpanelWestern India vs Indian Wood ProductsWestern India vs Archidply IndustriesWestern India vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 287.0M
Gross Profit 112.8M 39.29%
Operating Income 15.3M 5.32%
Net Income 7.8M 2.70%

Balance Sheet Metrics

Total Assets 796.9M
Total Liabilities 344.1M
Shareholders Equity 452.8M
Debt to Equity 0.76

Cash Flow Metrics

Revenue & Profitability Trend

Western India Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i1.2B1.1B1.1B992.5M845.3M
Cost of Goods Sold i486.2M482.4M482.8M447.5M390.2M
Gross Profit i670.5M603.7M591.8M545.0M455.1M
Gross Margin % i58.0%55.6%55.1%54.9%53.8%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i96.0M75.1M96.1M118.0M64.9M
Other Operating Expenses i322.7M281.8M243.9M231.3M214.2M
Total Operating Expenses i418.7M356.9M340.0M349.3M279.2M
Operating Income i47.2M56.7M58.3M18.4M11.0M
Operating Margin % i4.1%5.2%5.4%1.8%1.3%
Non-Operating Items
Interest Income i2.4M3.2M2.6M1.3M918.0K
Interest Expense i10.1M10.2M12.4M12.5M14.4M
Other Non-Operating Income-----
Pre-tax Income i41.5M49.4M50.7M7.7M-4.1M
Income Tax i13.4M15.5M15.8M5.6M2.9M
Effective Tax Rate % i32.4%31.5%31.2%73.2%0.0%
Net Income i28.1M33.8M34.9M2.1M-7.0M
Net Margin % i2.4%3.1%3.2%0.2%-0.8%
Key Metrics
EBITDA i70.4M74.0M79.5M44.9M37.1M
EPS (Basic) i-₹3.98₹4.31₹0.56₹-0.31
EPS (Diluted) i-₹3.98₹4.31₹0.56₹-0.31
Basic Shares Outstanding i-8487340848734084873408487340
Diluted Shares Outstanding i-8487340848734084873408487340

Income Statement Trend

Western India Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i79.3M102.1M128.4M29.3M28.5M
Short-term Investments i32.9M27.7M29.8M34.1M-
Accounts Receivable i210.8M176.3M133.5M195.3M166.8M
Inventory i165.5M135.9M145.1M165.8M197.4M
Other Current Assets8.2M941.0K13.1M5.6M2.4M
Total Current Assets i504.6M462.0M452.6M436.7M448.0M
Non-Current Assets
Property, Plant & Equipment i241.9M202.9M169.1M173.2M0
Goodwill i56.0M56.0M56.0M56.0M56.0M
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets300.0K600.0K800.0K100.0K-
Total Non-Current Assets i292.3M294.1M246.0M226.4M235.4M
Total Assets i796.9M756.2M698.5M663.1M683.4M
Liabilities
Current Liabilities
Accounts Payable i57.7M46.7M31.5M40.7M53.9M
Short-term Debt i97.5M78.7M63.5M40.9M24.1M
Current Portion of Long-term Debt-----
Other Current Liabilities16.7M17.9M22.1M13.9M-
Total Current Liabilities i236.6M194.6M161.9M131.6M131.5M
Non-Current Liabilities
Long-term Debt i85.7M110.0M108.8M134.5M143.2M
Deferred Tax Liabilities i14.0M12.1M9.4M7.7M10.6M
Other Non-Current Liabilities-----
Total Non-Current Liabilities i107.6M129.9M125.2M147.4M158.3M
Total Liabilities i344.1M324.5M287.1M279.0M289.8M
Equity
Common Stock i84.9M84.9M84.9M84.9M84.9M
Retained Earnings i194.8M177.0M151.7M121.9M124.0M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i452.8M431.6M411.5M384.1M393.6M
Key Metrics
Total Debt i183.2M188.7M172.3M175.3M167.3M
Working Capital i268.0M267.4M290.7M305.1M316.5M

Balance Sheet Composition

Western India Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i28.1M33.8M34.9M2.1M-7.0M
Depreciation & Amortization i-----
Stock-Based Compensation i-----
Working Capital Changes i-60.0M-42.2M63.9M186.0K55.8M
Operating Cash Flow i-22.8M241.0K110.2M13.9M63.9M
Investing Activities
Capital Expenditures i-16.5M-54.0M-31.8M-15.4M-18.8M
Acquisitions i-----
Investment Purchases i-----
Investment Sales i---4.0M1.2M
Investing Cash Flow i-16.5M-50.5M-32.2M-7.9M-18.1M
Financing Activities
Share Repurchases i-----
Dividends Paid i-7.8M-8.4M-7.1M-6.8M-811.0K
Debt Issuance i---836.0K-
Debt Repayment i-20.6M-4.2M-32.6M--49.3M
Financing Cash Flow i-13.6M8.1M-9.9M1.3M-86.3M
Free Cash Flow i2.3M-27.5M118.7M6.3M76.0M
Net Change in Cash i-52.9M-42.2M68.1M7.3M-40.5M

Cash Flow Trend

Western India Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 48.50
Price to Book 2.41
Price to Sales 1.14

Profitability Ratios

Profit Margin 2.49%
Operating Margin 2.21%
Return on Equity 6.18%
Return on Assets 3.51%

Financial Health

Current Ratio 2.13
Debt to Equity 40.45
Beta -0.78

Per Share Data

EPS (TTM) ₹3.31
Book Value per Share ₹66.54
Revenue per Share ₹136.04

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
wipl1.4B48.502.416.18%2.49%40.45
Century Plyboards 181.6B87.417.517.79%4.32%66.67
Greenply Industries 38.0B43.404.6211.33%3.47%63.72
Greenpanel 33.3B152.712.395.21%1.56%29.79
Indian Wood Products 2.7B52.600.771.47%2.35%22.22
Archidply Industries 2.2B95.132.03-7.08%-0.73%188.88

Financial data is updated regularly. All figures are in the company's reporting currency.