Debut Plus

162.79

-5.21 -3.10%

16 Jul 2026

NSE Listed

The Western India Ply Ltd. (WIPL)

Volume: 10,511Avg Vol 1W: 5,191.8Avg Vol 1M: 3,886.0552W Range:133.1193.2
Market Cap₹143 Cr
Current Price₹162.79
Previous Close₹168
High / Low (52w)₹193.2 / ₹133.1
Volume10,511
Avg Vol (1W)5,191.8
Avg Vol (1M)3,886.05
Stock P/E54.68
Book Value₹52.72
Dividend Yield60%
ROE100.6%
ROA63.3%
Revenue (TTM)₹117 Cr
Revenue Growth6.4%
Profit Margin37.9%
Total Debt₹9 Cr
Shares Outstanding1 Cr
Face Value₹10
EPS (TTM)₹0.53
P/B3.19
Debt / Equity0.42
50 DMA₹160.88
200 DMA₹156.5
Day change-3.10%
Price Chart
162.79 1.46% · 1Y
1771426.7L
2025-07-16
2026-07-15

20-day avg volume: 4K shares

Pros
  • Healthy return on equity of 100.6%.
  • Pays a dividend yield of 60.0%.
  • Company is almost debt-free.
Cons
  • Stock trades at a high P/E of 55.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹25 Cr₹31 Cr₹31 Cr₹29 Cr₹29 Cr₹30 Cr₹31 Cr₹29 Cr
EBITDA₹1 Cr₹2 Cr₹2 Cr₹2 Cr₹1 Cr₹1 Cr₹2 Cr₹0 Cr
Net Profit₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr₹1 Cr₹-1 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹95 Cr₹102 Cr₹98 Cr₹85 Cr₹100 Cr₹109 Cr₹110 Cr₹117 Cr
EBITDA₹3 Cr₹5 Cr₹4 Cr₹1 Cr₹2 Cr₹6 Cr₹6 Cr₹5 Cr
Net Profit₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr₹4 Cr₹3 Cr₹3 Cr
EPS1.041.441.47-0.310.564.313.983.3
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹84 Cr₹81 Cr₹75 Cr₹68 Cr₹66 Cr₹70 Cr₹76 Cr₹80 Cr
Total Liabilities₹45 Cr₹41 Cr₹35 Cr₹29 Cr₹28 Cr₹29 Cr₹32 Cr₹34 Cr
Equity₹39 Cr₹40 Cr₹40 Cr₹39 Cr₹38 Cr₹41 Cr₹43 Cr₹45 Cr
Total Debt
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹7 Cr₹8 Cr₹10 Cr₹3 Cr₹16 Cr₹5 Cr₹2 Cr
Investing₹0 Cr₹-1 Cr₹-2 Cr₹-1 Cr₹-3 Cr₹-5 Cr₹-2 Cr
Financing₹-7 Cr₹-8 Cr₹-7 Cr₹-1 Cr₹-2 Cr₹0 Cr₹-3 Cr
Free Cash Flow₹7 Cr₹8 Cr₹10 Cr₹3 Cr₹16 Cr₹5 Cr₹2 Cr
Shareholding
Promoter 37.06% Institutions 2.67% Public 60.27%
Efficiency & Working Capital
ROCE4.4%
Interest Coverage4.5
Dividend Payout
Debtor Days66 d
Inventory Days52 d
Payable Days18 d
Cash Conversion Cycle100 d
Working Capital Days118 d
Shareholding Details

As of 2026-03-31

Promoter37.1%
FII0%
DII2.7%
Institutions2.7%
Public60.3%
Promoter Pledge0%
No. of Shareholders2,801
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2023Sept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters41%41%41%40.8%40.8%40.8%40.8%40.8%40.8%40.8%39.4%37.1%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs3.5%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%2.7%2.7%
Public55.5%58.7%58.7%59%59%59%59%59%59%59%58%60.3%
Promoter Pledge10.1%10.1%10.1%10.1%10.1%10.1%10.1%10.1%12.8%0%0%0%
No. of Shareholders2,0291,9271,9392,0102,2522,5242,6132,5522,7552,8262,8982,801
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Investor Education And Proteciton FundPublic Shareholding7.5%6,36,995
Puthiya Kottal JameelaShareholding of Promoter and Promoter Group5.4%4,57,890
Yogesh Rasiklal DoshiPublic Shareholding5.1%4,30,000
Gulrukh Sam IraniPublic Shareholding4.2%3,55,000
P K RafiaShareholding of Promoter and Promoter Group3.8%3,23,420
Mohamed P KShareholding of Promoter and Promoter Group3.7%3,15,740
Lici Asm Non ParPublic Shareholding2.4%2,04,090
Ranjit Elanjikal KuruvillaShareholding of Promoter and Promoter Group2.4%2,02,610
Suprapti Finvest Pv LtdPublic Shareholding1.8%1,51,530
Ahamedkutty P K MShareholding of Promoter and Promoter Group1.6%1,32,806
Kaderkutty P K MShareholding of Promoter and Promoter Group1.6%1,32,556
Mitali Anuj TurakhiaPublic Shareholding1.5%1,30,307
Ashven DatlaPublic Shareholding1.5%1,23,304
Nitesh Arun ThakkarPublic Shareholding1.4%1,15,900
P K Mariam MohamedShareholding of Promoter and Promoter Group1.3%1,06,860
Siddharth S BhatiaPublic Shareholding1.2%1,00,034
P K Mayan MohamedShareholding of Promoter and Promoter Group1.1%92,610
Asif Mohamed P KShareholding of Promoter and Promoter Group1%86,120
Aley Indira KuruvillaShareholding of Promoter and Promoter Group1%81,030
Khadeeja P K MShareholding of Promoter and Promoter Group0.9%79,328
Aysha P KShareholding of Promoter and Promoter Group0.9%79,208
Hashim P KShareholding of Promoter and Promoter Group0.9%77,285
Mehaboob Mohamed P KShareholding of Promoter and Promoter Group0.8%64,820
Saquib Mohamed P KShareholding of Promoter and Promoter Group0.7%60,370
Sadua Zulekha HashimShareholding of Promoter and Promoter Group0.7%58,618
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Puthiya Kottal Jameela00%2026-03-31
P K Rafia00%2026-03-31
Mohamed P K00%2026-03-31
Ranjit Elanjikal Kuruvilla00%2026-03-31
Ahamedkutty P K M00%2026-03-31
Kaderkutty P K M00%2026-03-31
P K Mariam Mohamed00%2026-03-31
P K Mayan Mohamed00%2026-03-31
Asif Mohamed P K00%2026-03-31
Khadeeja P K M00%2026-03-31
Aysha P K00%2026-03-31
Hashim P K00%2026-03-31
Board of Directors
NameDesignationYear
P K Mayan MohammedED / MD / Promoter2025
Thiruvengadam PNon Executive Director2025
Sreedevi PillaiIndependent Non Exe. Director2025
SHEIK PAREETHIndependent Non Exe. Director2025
PULLUKOTTAYIL HABEL KURIANChairman & Independent Directo2025
Hari Krishnan RNominee2025
R BalakrishnanCFO / Company Secretary / Compliance Officer2025
Segments — Product
SegmentRevenueShare
Manufacture and sale of wood-based₹0 Cr
Segments — Geography
RegionRevenueShare
Export₹16 Cr17.5%
Domestic₹74 Cr82.5%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹101098
Corporate Actions
TypeDateValueRemark
dividend2025-09-18₹1.2 (12%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20259001010
2025100001
2025500105
Company Information
Incorporated1945
ChairmanPULLUKOTTAYIL HABEL KURIAN
AuditorSankar & Moorthy
🌐 www.wipltd.in

📍 Mill Road, Baliapatam, Kannur, Kerala, 670010

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