Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 48.42 | 44.50 | 48.58 | 56.34 | 60.02 | 55.00 | 54.45 | 51.43 | 55.28 | 53.32 | 68.50 | 65.19 |
| Expenses | 45.35 | 41.17 | 44.45 | 52.01 | 56.15 | 51.12 | 50.77 | 47.48 | 51.35 | 49.36 | 65.81 | 61.36 |
| Operating Profit | 3.07 | 3.33 | 4.13 | 4.33 | 3.87 | 3.88 | 3.68 | 3.95 | 3.93 | 3.96 | 2.69 | 3.83 |
| OPM % | 6.34% | 7.48% | 8.50% | 7.69% | 6.45% | 7.05% | 6.76% | 7.68% | 7.11% | 7.43% | 3.93% | 5.88% |
| Other Income | 0.54 | 0.26 | 0.55 | 0.28 | 0.89 | 0.46 | 0.53 | 0.43 | 1.38 | 0.06 | 0.48 | 1.44 |
| Interest | 2.12 | 2.03 | 2.22 | 2.31 | 1.90 | 1.84 | 1.86 | 1.91 | 1.70 | 1.51 | 1.44 | 1.28 |
| Depreciation | 0.77 | 0.77 | 0.89 | 0.80 | 0.80 | 0.95 | 0.78 | 1.06 | 1.06 | 1.06 | 0.67 | 0.95 |
| Profit before tax | 0.72 | 0.79 | 1.57 | 1.50 | 2.06 | 1.55 | 1.57 | 1.41 | 2.55 | 1.45 | 1.06 | 3.04 |
| Tax % | 11.11% | 21.52% | 10.83% | 16.00% | 4.85% | 20.65% | 45.86% | 17.73% | 10.20% | 30.34% | 88.68% | 17.43% |
| Net Profit | 0.64 | 0.62 | 1.40 | 1.26 | 1.96 | 1.23 | 0.85 | 1.15 | 2.28 | 1.00 | 0.12 | 2.51 |
| EPS in Rs | 0.10 | 0.10 | 0.22 | 0.20 | 0.31 | 0.19 | 0.13 | 0.18 | 0.36 | 0.16 | 0.02 | 0.39 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 119 | 180 | 216 | 200 | 195 | 157 | 178 | 182 | 192 | 226 | 229 | 242 |
| Expenses | 111 | 156 | 185 | 169 | 175 | 147 | 169 | 172 | 177 | 210 | 213 | 228 |
| Operating Profit | 8 | 23 | 31 | 32 | 20 | 11 | 9 | 10 | 14 | 16 | 15 | 14 |
| OPM % | 7% | 13% | 14% | 16% | 10% | 7% | 5% | 6% | 7% | 7% | 7% | 6% |
| Other Income | 0 | 0 | 3 | 1 | 0 | 2 | 1 | 2 | 2 | 2 | 2 | 3 |
| Interest | 2 | 3 | 6 | 5 | 7 | 7 | 7 | 7 | 8 | 8 | 7 | 6 |
| Depreciation | 1 | 2 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 4 |
| Profit before tax | 5 | 18 | 25 | 25 | 10 | 2 | -1 | 2 | 4 | 7 | 6 | 8 |
| Tax % | 24% | 37% | 37% | 32% | 29% | 8% | -19% | 19% | 15% | 21% | 30% | |
| Net Profit | 4 | 11 | 16 | 17 | 7 | 2 | -1 | 2 | 4 | 5 | 5 | 6 |
| EPS in Rs | 2.30 | 1.79 | 2.48 | 2.65 | 1.08 | 0.33 | -0.09 | 0.29 | 0.57 | 0.83 | 0.71 | 0.93 |
| Dividend Payout % | 5% | 3% | 5% | 8% | 0% | 31% | -55% | 17% | 17% | 18% | 28% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 7% | 8% | 8% | 10% | ||
| Compounded Profit Growth | 2% | 17% | 34% | 14% | ||
| Stock Price CAGR | % | 0% | 1% | -17% | ||
| Return on Equity | 2% | 1% | 1% | 1% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 6 | 6 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 22 | 309 | 325 | 333 | 338 | 339 | 338 | 340 | 342 | 347 | 350 |
| Borrowings | 18 | 46 | 41 | 57 | 72 | 70 | 77 | 79 | 78 | 80 | 68 |
| Other Liabilities | 18 | 120 | 119 | 95 | 101 | 105 | 108 | 98 | 100 | 102 | 97 |
| Total Liabilities | 60 | 482 | 490 | 497 | 523 | 527 | 536 | 530 | 533 | 541 | 528 |
| Fixed Assets | 13 | 374 | 379 | 382 | 386 | 390 | 387 | 385 | 382 | 385 | 386 |
| CWIP | 0 | 1 | 2 | 2 | 10 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 3 | 6 | 5 | 5 | 7 | 7 | 8 | 9 | 10 | 11 |
| Other Assets | 46 | 104 | 104 | 108 | 122 | 129 | 141 | 137 | 142 | 147 | 131 |
| Total Assets | 60 | 482 | 490 | 497 | 523 | 527 | 536 | 530 | 533 | 541 | 528 |
| 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 | 4 | -14 | 27 | -6 | -6 | 18 | 3 | 12 | 10 | 14 | 24 |
| Cash from Investing Activity | -4 | -12 | -11 | -7 | -5 | -4 | -3 | -3 | -2 | -5 | -5 |
| Cash from Financing Activity | -0 | 25 | -11 | 10 | 6 | -13 | -0 | -5 | -10 | -8 | -20 |
| Net Cash Flow | -0 | -1 | 5 | -2 | -5 | 1 | -1 | 4 | -2 | 1 | -1 |
| Free Cash Flow | -0 | -23 | 18 | -12 | -11 | 16 | -0 | 9 | 9 | 11 | 19 |
| CFO/OP | 64% | -51% | 114% | 15% | 2% | 162% | 38% | 116% | 78% | 98% | 166% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 54 | 82 | 62 | 68 | 95 | 99 | 104 | 88 | 95 | 78 | 74 |
| Inventory Days | 98 | 163 | 146 | 157 | 159 | 234 | 197 | 200 | 212 | 177 | 123 |
| Days Payable | 70 | 118 | 94 | 27 | 43 | 70 | 62 | 48 | 44 | 42 | 37 |
| Cash Conversion Cycle | 81 | 127 | 114 | 198 | 212 | 263 | 239 | 241 | 262 | 214 | 160 |
| Working Capital Days | 33 | 37 | 30 | 49 | 55 | 84 | 84 | 73 | 78 | 64 | 68 |
| ROCE % | 11% | 8% | 8% | 4% | 2% | 1% | 2% | 3% | 3% | 3% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.12% | 71.26% | 71.25% |
| DIIs | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% |
| Public | 28.57% | 28.55% | 28.56% | 28.57% | 28.56% | 28.57% | 28.57% | 28.56% | 28.56% | 28.56% | 28.43% | 28.43% |
| No. of Shareholders | 6,391 | 6,950 | 11,441 | 12,216 | 13,410 | 13,379 | 13,179 | 13,459 | 14,763 | 14,474 | 14,284 | 13,955 |
Fundamentals
Market Cap₹ 237 Cr.
Current Price₹ 36.9
Stock P/E40.1
Book Value₹ 56.8
ROCE3.00 %
ROE1.26 %
Dividend Yield0.54 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)14%
Consolidated figures.
Valuation
Market capRs 233 Cr
Enterprise valueRs 300 Cr
P/E (TTM)39.47x
Price to book0.64x
Price to sales0.96x
EV / EBITDA16.86x
EV / EBIT21.36x
EV / sales1.24x
Price to cash flow9.83x
Earnings yield2.53%
Dividend yield0.55%
P/E, 3-year average42.96x
P/B, 3-year average0.53x
P/E, 5-year average49.08x
P/B, 5-year average0.51x
Profitability
Operating margin (excl. other income)6.66%
Operating margin (incl. other income)7.39%
EBITDA margin7.33%
Pre-tax margin3.34%
Net profit margin2.44%
Net margin, latest quarter3.85%
ROE1.26%
ROCE3.00%
ROA0.85%
ROE, 3-year average1.26%
ROCE, 3-year average3.10%
ROA, 3-year average0.84%
ROE, 5-year average0.83%
ROCE, 5-year average2.55%
ROA, 5-year average0.55%
ROIC (approx.)2.30%
Tax rate29.52%
Other income / net worth0.46%
Growth
Sales growth (latest year)1.20%
Profit growth (latest year)-13.80%
Sales CAGR, 3 years7.87%
Sales CAGR, 5 years7.74%
Profit CAGR, 3 years35.33%
Profit CAGR, 5 years17.00%
Sales growth QoQ-4.83%
Profit growth QoQ1991.67%
Sales growth YoY (latest quarter)26.75%
Profit growth YoY (latest quarter)118.26%
Per share
EPS (TTM)Rs 0.92
EPS (latest year)Rs 0.71
EPS (latest quarter)Rs 0.39
EPS, 3-year averageRs 0.70
EPS, 5-year averageRs 0.46
Book value per shareRs 56.78
Sales per shareRs 37.87
Cash flow per shareRs 3.71
Free cash flow per shareRs 2.97
Dividend per share (latest year)Rs 0.20
Dividend per share, 3-year averageRs 0.15
Dividend per share, 5-year averageRs 0.11
Dividends
Dividend payout28.07%
Dividend payout, 3-year average21.23%
Dividend payout, 5-year average20.27%
Efficiency
Asset turnover0.43x
Fixed asset turnover0.59x
Inventory turnover3.56x
Inventory days102 days
Debtor days74 days
Debtors turnover4.91x
Creditor days37 days
Cash conversion cycle160 days
Working capital days68 days
Leverage
Total debtRs 68 Cr
Cash and bankRs 1 Cr
Net debtRs 66 Cr
Debt to equity0.19x
Net debt / EBITDA3.74x
Interest coverage2.37x
Owners' fund to total sources68.78%
Debt to assets12.78%
Cash flow
Cash from Operating Activity (latest year)Rs 24 Cr
Cash from Investing Activity (latest year)Rs -5 Cr
Cash from Financing Activity (latest year)Rs -20 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 19 Cr
FCFE (approx.: FCF + change in debt)Rs 7 Cr
Cash from ops / profit, 5 years4.20x
Sales to cash flow9.63x
Statement figures
Net sales (TTM)Rs 242 Cr
Net sales (latest year)Rs 229 Cr
Sales (latest quarter)Rs 65 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 18 Cr
PBDT (TTM)Rs 12 Cr
Profit before tax (TTM)Rs 8 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 176 Cr
Total expenditure (latest year)Rs 213 Cr
Total income (latest year)Rs 230 Cr
Share capitalRs 13 Cr
ReservesRs 350 Cr
Shareholders' fundsRs 363 Cr
Total assetsRs 528 Cr
Net blockRs 386 Cr
InvestmentsRs 11 Cr
ReceivablesRs 47 Cr
InventoryRs 49 Cr
Other liabilitiesRs 97 Cr
Shares outstanding (crore)6.40
Ownership
Promoter holding71.25% (+0.13 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 39.5 is at the 46th percentile of its own 7.8-year range
(median 41.4, low 9.0, high 152.9).
P/B 0.64 is at the 50th percentile (median 0.63).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | IWP | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +6.3% | -2.8% | +9.1 pts |
| 1 month | +5.7% | -6.8% | +12.5 pts |
| 3 months | +12.6% | -7.6% | +20.2 pts |
| 3 years | +2.2% | +14.2% | -12.0 pts |
| 5 years | -3.3% | +27.9% | -31.2 pts |
Red flags
F-score 6 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹65 Cr +26.8% vs Jun 2025.
Net profit ₹3 Cr +118.3%.
Against our estimate for Jun 2026: sales +13.8%, profit +113.2% big beat. Our estimate for Sep 2026: sales Rs 70 Cr, profit Rs 2 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Pratik Panels Ltd | 24 | 15.5 | 33.2 % |
| National Plywood Industries Ltd | 7 | % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-15 | Dividend - Re 0.20 Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of The Indian Wood Products Company Ltd?
The Indian Wood Products Company Ltd (IWP) has a market capitalisation of Rs 237 Cr. at the 2026-10-01 close.
What is the P/E ratio of The Indian Wood Products Company Ltd?
The Indian Wood Products Company Ltd trades at a P/E of 40.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were The Indian Wood Products Company Ltd's latest quarterly results?
In the Jun 2026 quarter, The Indian Wood Products Company Ltd sales was Rs 65 Cr (+26.8% vs Jun 2025) and net profit was Rs 3 Cr.
What is the 52-week high and low of The Indian Wood Products Company Ltd?
The 52-week high is Rs 42.40 and the 52-week low is Rs 28.00.