SSelectStock

WIPLThe Western India Plywoods Limited

Metals · Lumber & Wood Production · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

The Western India Plywoods Limited manufactures and sells hardboard, plywood, and compreg wood products in India and internationally. The company offers fire retardant and resin surfaced shuttering plywood for applications in industrial filters, and paneling and ceiling substrates in hotels, hospitals, theatres, etc.; marine plywood for boat building, and load and stress bearing industrial applications; and boiling water-resistant plywood used in furniture, structural work in interior design, auto motive coach building, and match-plates in foundries. It also provides standard hardboards for applications in automotive interior trims, shoe heel manufacture, fiber drum lid manufacture, clock backing, photo frame backing, furniture elements, partitions, etc.; oil tempered hardboards for shoe heel manufacture, automobile interior trims, and improving resistance to weathering; and perforated hardboards. In addition, the company offers densified wood laminates; soft board; pre-compressed pressboards for the high voltage and extra high voltage transformer industry; molded plywood furniture; doors; and wooden floorings under the ULTRAKILIK brand name. The Company was incorporated in 1945 and is based in Kannur, India.

169.58
3.06%
49Average

Mkt Cap
₹144 Cr
P/E
197.2
P/B
2.9
Div Yield
0.72%
52W High
₹193.20
52W Low
₹133.10

Price & Volume

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Key Ratios

Market Cap (₹ cr)144.00
P/E197.19
P/B2.89
PEG
ROE %1.60
ROCE %2.80
Debt / Equity0.21
EPS0.86
Revenue Growth %-8.70
Profit Growth %-73.90
Dividend Yield %0.72
Promoter Holding %
FII Holding %
DII Holding %
Beta-0.47

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

HOLDConviction 52%

The picture

  • Debt/Equity: 0.21
  • RSI: 54
  • MACD: fresh bullish crossover
  • Price vs EMA21: above
  • 1-month vs NIFTY: +5.5% relative
  • 3-month return: +10.4%
  • Pullback to 21-EMA signal (setup quality 63%)

Bull case

  • Debt/Equity: 0.21
  • RSI: 54
  • MACD: fresh bullish crossover
  • Price vs EMA21: above

Bear case

  • Revenue growth: -8.7% YoY
  • Profit growth: -73.9% YoY
  • Volume: 0.1x 20-day average
  • Volume trend: 0.3x baseline

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: -8.7% YoY
  • Profit growth: -73.9% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹169.58
Stop Loss
₹158.40
risk 6.6%
Target 1 (1.5R)
₹186.35
+9.9%
Target 2 (3R)
₹203.12
+19.8%
Support (20d)
₹160.00
Resistance (52w)
₹193.20
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹11.18/share
ATR (volatility)
₹5.67
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹5.67). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental16
Technical73
Momentum67
Risk (safety)40

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