161.19
+3.77%
Close of 9 Nov 2026, in INR
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About Western India Plywoods
Its shares trade on NSE under the ticker WIPL.NS. It has been listed since 17 April 2017. In the fiscal year to 31 March 2026, it reported revenue of ₹1.19bn and net income of ₹4.5m. At that date it held total assets of ₹711.2m and shareholders' equity of ₹447.5m.
Western India Plywoods Ltd. engages in the production and distribution of hardboard, plywood, and densified wood. The firm's products include Plywood, Hard Boards, Densified Wood, Wipress, Furniture, Wooden Flooring and Others. The firm caters to both domestic and international markets and has depots and dealer networks across India. Its manufacturing facility is located in Kannur, Kerala. Its primary customers include automobiles, packaging industry and construction companies. The firm's subsidiaries include Southern Veneers & Woods Works Ltd., The Kohinoor Sawmills Co Ltd, Mayabandar Doors Ltd and ERA & WIP Timber JV SDN BHD.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 17 Apr 2017
- Website
- wipltd.in ↗
Leadership
Pay as last reported
- Shri. T. BalakrishnanChairman of the Board
- Mr. P K Mayan MohamedManaging Director, Director
- Mr. Prasanth RagunathanDirector
- Ms. Pushya SitarmanDirector
- Mr. Radha UnniDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Western India Plywoods Ltd. has a strong presence in Kannur, Kerala, with a manufacturing facility producing plywood and hardboard.
- The company serves key industries like automobiles, packaging, and construction with diverse products including Wipress and wooden flooring.
- Its subsidiaries such as Southern Veneers & Woods Works Ltd. and Kohinoor Sawmills Co Ltd. enhance its market reach and product range.
Weaknesses
- The company's manufacturing facility is limited to Kannur, Kerala, which may restrict scalability and supply chain flexibility.
- Dependence on domestic and international markets without specific regional market share data could pose risks.
- Lack of detailed information on product pricing strategies may affect competitive positioning.
Opportunities
- Expanding into new markets within India's growing construction sector offers significant growth potential.
- Increasing demand for sustainable wood products in the automotive and packaging industries presents opportunities.
- Collaborating with international partners through ERA & WIP Timber JV SDN BHD could open new export avenues.
Threats
- Competition from other plywood manufacturers in the Indian market may impact market share.
- Fluctuations in raw material costs could affect production expenses and profitability.
- Economic downturns in key sectors like construction and automotive might reduce demand for their products.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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