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

Latest Quarterly: Mar 2025

Income 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

Metric20252024202320222021
Revenue i1.2B1.1B1.1B992.5M845.3M
Cost of Goods Sold i415.3M482.4M482.8M447.5M390.2M
Gross Profit i744.9M603.7M591.8M545.0M455.1M
Gross Margin % i64.2%55.6%55.1%54.9%53.8%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i-75.1M96.1M118.0M64.9M
Other Operating Expenses i492.8M281.8M243.9M231.3M214.2M
Total Operating Expenses i492.8M356.9M340.0M349.3M279.2M
Operating Income i46.7M56.7M58.3M18.4M11.0M
Operating Margin % i4.0%5.2%5.4%1.8%1.3%
Non-Operating Items
Interest Income i-3.2M2.6M1.3M918.0K
Interest Expense i11.7M10.2M12.4M12.5M14.4M
Other Non-Operating Income-----
Pre-tax Income i41.5M49.4M50.7M7.7M-4.1M
Income Tax i13.5M15.5M15.8M5.6M2.9M
Effective Tax Rate % i32.5%31.5%31.2%73.2%0.0%
Net Income i28.0M33.8M34.9M2.1M-7.0M
Net Margin % i2.4%3.1%3.2%0.2%-0.8%
Key Metrics
EBITDA i72.0M74.0M79.5M44.9M37.1M
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 Assets12.5M941.0K13.1M5.6M2.4M
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 i236.5M194.6M161.9M131.6M131.5M
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 i107.5M129.9M125.2M147.4M158.3M
Total Liabilities i344.0M324.5M287.1M279.0M289.8M
Equity
Common Stock i84.9M84.9M84.9M84.9M84.9M
Retained Earnings i-177.0M151.7M121.9M124.0M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i452.9M431.6M411.5M384.1M393.6M
Key Metrics
Total Debt i183.2M188.7M172.3M175.3M167.3M
Working Capital i268.1M267.4M290.7M305.1M316.5M

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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
wipl1.3B45.472.266.18%2.49%40.45
Century Plyboards 161.8B79.966.857.79%4.32%66.67
Greenply Industries 38.4B44.054.7111.34%3.47%63.72
Greenpanel 33.5B153.462.425.21%1.56%29.79
Indian Wood Products 2.5B48.360.711.47%2.35%22.22
Duroply Industries 2.1B39.841.565.82%1.58%44.68

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