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Western India Plywoods Ltd. (IN:WIPL)
:WIPL
India Market
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Western India Plywoods Ltd. (WIPL) Price & Analysis

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WIPL Stock Chart & Stats

₹162.84
₹1.87(0.83%)
At close: 4:00 PM EST
₹162.84
₹1.87(0.83%)

Bulls Say, Bears Say

Bulls Say
Improving LeverageA materially lower debt-to-equity (≈0.21) versus prior years meaningfully improves financial flexibility and reduces default and refinancing risk. This stronger capital structure supports investment, working-capital cushions and resilience if operating margins remain under pressure.
Established Distribution & Institutional SalesThe company serves furniture, interiors and construction end-markets through both distributor channels and direct institutional customers. These diverse sales routes provide stable demand exposure, reduce single-channel dependence and support steady order flow across cycles.
Recent Cash Flow RecoveryOperating cash flow and free cash flow improved in the latest fiscal year, restoring internal funding capacity. Sustained cash generation would allow funding of capex, working capital and modest shareholder returns without relying heavily on new debt issuance.
Bears Say
Severe Margin CompressionGross margin fell sharply from prior highs and net margin has nearly collapsed to ~0.4%, indicating sustained cost pressure or pricing weakness. Such compressed margins erode operating leverage, reduce reinvestment capacity and make earnings vulnerable to small revenue or cost swings.
Stagnant Top-Line GrowthRevenue growth slowed to low single digits and was essentially flat for multiple years, limiting scale benefits. Without stronger top-line momentum, margin recovery is harder and the business may struggle to improve returns on capital or expand market share versus competitors.
Volatile Cash ConversionHistoric swings between strong and negative free cash flow point to working-capital and conversion inconsistency. This volatility impairs multi-year planning, increases refinancing and liquidity risk during downturns, and complicates consistent capex or dividend policies.

WIPL FAQ

What was Western India Plywoods Ltd.’s price range in the past 12 months?
Western India Plywoods Ltd. lowest stock price was ₹133.10 and its highest was ₹193.20 in the past 12 months.
    What is Western India Plywoods Ltd.’s market cap?
    Western India Plywoods Ltd.’s market cap is ₹1.31B.
      When is Western India Plywoods Ltd.’s upcoming earnings report date?
      Western India Plywoods Ltd.’s upcoming earnings report date is Aug 10, 2026 which is in 55 days.
        How were Western India Plywoods Ltd.’s earnings last quarter?
        Western India Plywoods Ltd. released its earnings results on May 25, 2026. The company reported -₹0.82 earnings per share for the quarter, missing the consensus estimate of N/A by -₹0.82.
          Is Western India Plywoods Ltd. overvalued?
          According to Wall Street analysts Western India Plywoods Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Western India Plywoods Ltd. pay dividends?
            Western India Plywoods Ltd. pays a Annually dividend of ₹1.2 which represents an annual dividend yield of 0.8%. See more information on Western India Plywoods Ltd. dividends here
              What is Western India Plywoods Ltd.’s EPS estimate?
              Western India Plywoods Ltd.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Western India Plywoods Ltd. have?
              Western India Plywoods Ltd. has 8,487,340 shares outstanding.
                What happened to Western India Plywoods Ltd.’s price movement after its last earnings report?
                Western India Plywoods Ltd. reported an EPS of -₹0.82 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -0.189%.
                  Which hedge fund is a major shareholder of Western India Plywoods Ltd.?
                  Currently, no hedge funds are holding shares in IN:WIPL
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Western India Plywoods Ltd.

                    The Western India Plywoods Limited (WIPL), an Indian enterprise founded in 1945 and based in Kannur, specializes in the production and distribution of a wide variety of wood-based materials. The company's comprehensive product line, sold both domestically and internationally, includes plywood, hardboards, densified wood, and other timber derivatives. WIPL's plywood offerings are tailored for specific applications: Fire-retardant and resin-surfaced shuttering plywood is engineered for use in industrial filtration systems and as durable paneling and ceiling substrates within hotels, hospitals, and theatres. Marine-grade plywood is robustly designed for shipbuilding and industrial settings that demand high load and stress bearing capabilities. Boiling water resistant (BWR) plywood finds its utility in furniture construction, interior structural design, automotive bodywork, and the creation of match-plates for foundries. The company also manufactures an assortment of hardboards: Standard hardboards are versatile, applied in automotive interior trims, shoe heel manufacturing, fiber drum lids, as backing for clocks and photo frames, and in furniture elements and partitions. Oil-tempered hardboards provide enhanced durability and resistance to environmental exposure, commonly used in shoe heels and automotive interiors. Perforated hardboards are also part of their product range. Furthermore, WIPL produces advanced wood products such as: Densified wood laminates, crafted for specific heavy-duty industrial requirements. Pre-compressed pressboards, essential components for the high-voltage and extra high-voltage transformer sector. The company's portfolio is rounded out with molded plywood furniture and wooden floorings.

                    Western India Plywoods Ltd. (WIPL) Earnings & Revenues

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