Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of W I Plywoods
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 25.27 | 23.64 | 28.31 | 31.79 | 25.30 | 24.99 | 31.09 | 30.88 | 29.06 | 29.01 | 29.92 | 31.45 | 28.50 |
| Expenses + | 23.53 | 22.52 | 26.30 | 28.43 | 24.79 | 24.20 | 29.13 | 29.05 | 27.09 | 27.85 | 29.10 | 29.47 | 28.89 |
| Operating Profit | 1.74 | 1.12 | 2.01 | 3.36 | 0.51 | 0.79 | 1.96 | 1.83 | 1.97 | 1.16 | 0.82 | 1.98 | -0.39 |
| OPM % | 6.89% | 4.74% | 7.10% | 10.57% | 2.02% | 3.16% | 6.30% | 5.93% | 6.78% | 4.00% | 2.74% | 6.30% | -1.37% |
| Other Income + | 0.05 | 0.12 | 0.23 | 0.06 | 0.14 | 0.14 | 0.13 | 0.28 | 0.10 | 0.10 | 0.28 | 0.06 | 0.41 |
| Interest | 0.31 | 0.26 | 0.34 | 0.31 | 0.27 | 0.26 | 0.19 | 0.30 | 0.42 | 0.21 | 0.18 | 0.21 | 0.31 |
| Depreciation | 0.40 | 0.33 | 0.35 | 0.37 | 0.39 | 0.41 | 0.48 | 0.50 | 0.49 | 0.52 | 0.52 | 0.53 | 0.48 |
| Profit before tax | 1.08 | 0.65 | 1.55 | 2.74 | -0.01 | 0.26 | 1.42 | 1.31 | 1.16 | 0.53 | 0.40 | 1.30 | -0.77 |
| Tax % | 22.22% | 32.31% | 28.39% | 29.93% | 800.00% | 42.31% | 29.58% | 32.82% | 33.62% | 35.85% | 52.50% | 36.15% | 18.18% |
| Net Profit + | 0.84 | 0.44 | 1.11 | 1.92 | -0.09 | 0.15 | 1.00 | 0.88 | 0.77 | 0.34 | 0.19 | 0.83 | -0.91 |
| EPS in Rs | 1.00 | 0.61 | 1.31 | 2.26 | -0.11 | 0.18 | 1.18 | 1.04 | 0.91 | 0.40 | 0.22 | 0.98 | -1.07 |
Financials of W I Plywoods
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 96 | 89 | 86 | 92 | 101 | 97 | 85 | 100 | 108 | 109 | 116 | 119 |
| Expenses + | 86 | 80 | 82 | 90 | 94 | 91 | 81 | 95 | 100 | 102 | 109 | 115 |
| Operating Profit | 11 | 9 | 3 | 2 | 7 | 6 | 4 | 4 | 7 | 7 | 7 | 4 |
| OPM % | 11% | 10% | 4% | 2% | 7% | 6% | 4% | 4% | 7% | 7% | 6% | 3% |
| Other Income + | 0 | 0 | 4 | 4 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
| Interest | 4 | 3 | 4 | 4 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 1 | 2 | 2 |
| Profit before tax | 5 | 3 | 1 | -0 | 2 | 2 | -0 | 1 | 5 | 5 | 4 | 1 |
| Tax % | 33% | 28% | 91% | -8,600% | 46% | 34% | 71% | 73% | 31% | 31% | 32% | 69% |
| Net Profit + | 3 | 2 | 0 | 1 | 1 | 1 | -1 | 0 | 3 | 3 | 3 | 0 |
| EPS in Rs | 3.84 | 2.47 | 0.29 | 1.04 | 1.45 | 1.47 | -0.31 | 0.57 | 4.31 | 3.98 | 3.30 | 0.53 |
| Dividend Payout % | 18% | 28% | 0% | 0% | 62% | 0% | -261% | 142% | 0% | 30% | 36% | 189% |
Financials of W I Plywoods
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 27 | 28 | 29 | 29 | 31 | 31 | 31 | 30 | 33 | 35 | 37 | 36 |
| Borrowings + | 33 | 34 | 31 | 31 | 27 | 22 | 17 | 18 | 17 | 19 | 18 | 9 |
| Other Liabilities + | 22 | 17 | 22 | 15 | 15 | 13 | 13 | 10 | 11 | 13 | 16 | 17 |
| Total Liabilities | 91 | 88 | 90 | 84 | 81 | 74 | 68 | 66 | 70 | 76 | 80 | 71 |
| Fixed Assets + | 24 | 23 | 24 | 23 | 23 | 21 | 21 | 20 | 20 | 23 | 27 | 26 |
| CWIP | 0 | 3 | 1 | 1 | 0 | 0 | 0 | 1 | 3 | 4 | 0 | 1 |
| Investments | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other Assets + | 67 | 62 | 65 | 59 | 58 | 52 | 46 | 45 | 46 | 48 | 52 | 44 |
| Total Assets | 91 | 88 | 90 | 84 | 81 | 74 | 68 | 66 | 70 | 76 | 80 | 71 |
Financials of W I Plywoods
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 8 | 12 | 5 | 4 | 7 | 7 | 10 | 2 | 15 | 3 | 2 | 7 |
| Cash from Investing Activity + | -0 | -4 | -1 | 2 | -0 | -0 | -2 | -1 | -3 | -5 | -2 | -2 |
| Cash from Financing Activity + | -7 | -7 | -4 | -5 | -7 | -8 | -7 | -1 | -2 | -0 | -3 | -11 |
| Net Cash Flow | 0 | 1 | 0 | 0 | -0 | -2 | 1 | 0 | 10 | -3 | -2 | -6 |
| Free Cash Flow | 7 | 8 | 4 | 3 | 6 | 5 | 8 | 1 | 12 | -3 | 0 | 5 |
| CFO/OP | 85% | 145% | 194% | 209% | 108% | 132% | 270% | 63% | 212% | 65% | 35% | 229% |
Financials of W I Plywoods
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 60 | 62 | 55 | 59 | 64 | 72 | 71 | 45 | 59 | 66 | 56 |
| Inventory Days | 372 | 373 | 387 | 295 | 253 | 254 | 204 | 150 | 123 | 117 | 145 | 125 |
| Days Payable | 64 | 63 | 70 | 50 | 48 | 49 | 56 | 37 | 27 | 40 | 51 | 55 |
| Cash Conversion Cycle | 375 | 369 | 379 | 300 | 264 | 269 | 220 | 185 | 141 | 136 | 161 | 126 |
| Working Capital Days | 70 | 71 | 58 | 102 | 100 | 114 | 120 | 99 | 53 | 54 | 56 | 59 |
| ROCE % | 12% | 10% | 3% | 4% | 7% | 6% | 2% | 4% | 11% | 10% | 9% | 4% |
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