The Western Indian Peer Comparison

NSE: WIPL

₹161.50

₹-0.81 (-0.50%)

As on 19-Oct-2026IST

Market cap

₹137 Cr

Revenue (TTM)

₹116 Cr

P/E Ratio

P/B Ratio

3.1

Div. Yield

0.6 %

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	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Market cap (₹ Cr)	137	14,715	5,504	3,781	1,719
Revenue (₹ Cr)	116	5,789	3,169	2,863	1,561
Net Profit (₹ Cr)	-0.19	298.71	92.97	124.93	6.72
Net Margin (%)	-0.16	5.15	2.92	4.35	0.43
RoE (%)	-0.42	11.70	8.01	12.60	0.50
Price to Earnings	--	50.54	59.22	38.35	255.63
Price-To-Book	3.08	5.46	4.58	4.04	1.27

Income Statement (₹ Cr)

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Operating Revenue	116.36	5,789.20	3,168.99	2,863.11	1,560.99
Total Income	117.63	5,799.74	3,180.75	2,870.35	1,574.68
Total Expenditure	114.01	5,069.19	2,808.30	2,575.89	1,435.52
EBITDA	2.35	720.02	360.69	287.22	125.47
Depreciation	2.04	199.50	141.79	66.70	100.61
EBIT	0.31	520.52	218.90	220.52	24.86
Interest	0.85	120.86	89.81	44.23	32.78
Other Income	1.27	10.53	11.76	7.24	13.69
Exceptional Items	0.00	-7.68	-6.16	-19.00	0.00
Profit before Tax	0.73	402.51	134.69	164.53	5.77
Provision for Tax	0.92	103.80	41.72	39.60	-0.96
Profit after Tax	-0.19	298.71	92.97	124.93	6.72

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Shareholder's Funds	44.75	2,609.89	1,179.26	894.83	1,355.88
Minority Interest	0.00	-7.57	-0.04	-0.32	0.00
Non-Current Liabilities	6.87	605.60	811.15	396.89	393.60
Current Liabilities	19.81	1,867.89	1,013.91	669.39	297.47
Total Liabilities	71.12	5,071.81	2,999.18	1,959.97	2,046.95

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Non-Current Assets	27.62	3,029.53	1,631.22	940.15	1,416.99
Current Assets	41.89	1,957.19	1,234.86	861.02	577.14
Total Assets	71.12	5,071.81	2,999.18	1,959.97	2,046.95
Total Debt*	9.26	1,630.06	1,046.60	489.15	352.59
Net Current Assets	22.08	89.30	220.95	191.63	279.67
Contingent Liabilities	7.55	129.96	117.21	115.51	10.40

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Cash From Operating Activities	6.64	457.04	292.38	246.88	111.16
Cash Flow from Investing Activities	-2.38	-424.90	-79.97	-152.08	16.65
Cash from Financing Activities	-10.67	-22.14	-191.05	-78.43	-115.47
Net Cash Inflow / Outflow	-6.41	10.00	21.36	16.37	12.35

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
ROCE (%)	4.19	11.66	8.38	13.47	-0.40
ROE (%)	-0.42	11.70	8.01	12.60	0.50
ROA (%)	-0.25	6.16	3.14	6.38	0.32
EBIT Margin (%)	0.27	8.99	6.91	7.70	1.59
Net Margin (%)	-0.16	5.15	2.92	4.35	0.43
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Revenue Growth (%)	-3.07	23.39	20.11	14.32	11.58
EBIT Growth (%)	-93.71	43.28	67.73	21.95	638.15
Net Profit Growth (%)	-106.35	45.78	183.96	-0.46	-69.12
EPS Growth (%)	-106.35	46.45	13.96	30.01	-69.12
Book Value Growth (%)	-1.29	10.35	4.65	10.82	-2.11

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Price / Earnings	-721.42	49.56	59.34	34.47	255.63
Price / Book Value	3.08	5.46	4.58	4.04	1.27
Dividend Yield (%)	0.62	0.15	0.19	0.17	0.36
EV/EBITDA	61.01	22.62	17.84	14.77	14.94
Market Cap (₹ Cr)	122.66	15,586.52	5,220.68	2,250.12	2,096.31

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Debt to Equity	0.12	0.16	0.60	0.41	0.21
Short term debt to equity ratio	0.06	0.42	0.15	0.03	--
Current Ratio	2.11	1.05	1.22	1.29	1.94
Quick Ratio	1.27	0.47	0.46	0.74	1.30
Interest Coverage	1.86	4.33	2.50	4.72	1.18

	The Western Indian	Century Plyboards	Greenlam Ind	Greenply Ind	Greenpanel Ind
Debtors to sales (%)	15.55	10.67	6.90	14.22	5.66
Asset Turnover	1.54	1.19	1.07	1.46	0.75
Receivable days	60.14	31.70	22.20	48.66	14.05
Inventory Days	50.96	58.81	84.86	58.79	41.91
Payable days	49.01	50.12	119.01	98.88	51.68
Cash Conversion Cycle	62.08	40.38	-11.94	8.57	4.29

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.