The Western India Plywoods Limited

Manufactures and supplies plywood, boards, doors, and laminates for various industries.

1945 | Kannur, Kerala (India) | Active
Last Updated: November 16, 2024

The Western India Plywoods Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 8.49 Cr
  • Company Age 80 Year, 15 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 105.35 Cr
  • Satisfied Charges ₹ 139.62 Cr
  • Revenue Growth 8.59%
  • Profit Growth 191.79%
  • Ebitda 51.63%
  • Net Worth 7.27%
  • Total Assets 5.93%

About The Western India Plywoods

The Western India Plywoods Limited (TWIPL) was founded in India on 15 January 1945 and has a glorious history of 80 years . Its registered office is in Kannur, Kerala, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol WIPL.

The Corporate was formerly known as The Western India Plywoods Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 8.49 Cr.

The company currently has active open charges totaling ₹105.35 Cr. The company has closed loans amounting to ₹139.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The Western India Plywoods Limited India are Balakrishnan Rayaroth as CFO and Rayaroth Balakrishnan as Company Secretary. Thiruvengadam Parthasarathi, Mayan Kottan, Pullukottayil Kurian, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kannur, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L20211KL1945PLC001708

  • Company No.

    001708

  • Stock Symbol

    NSE : WIPL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1945

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ernakulam

Industry

Manufacturing

What products or services does The Western India Plywoods Limited offer?

The Western India Plywoods Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Plywoods, Laminate Sheets, Paper & Paper Made Products, Kraft Paper, Particle Board, Transformers & Transformer Parts, Transformer Parts, Insulators & Insulation Materials, Insulation Components.

Who are the key members and board of directors at The Western India Plywoods?

Executive Team (3)

NameDesignationAppointment DateStatus
Mayan Kottan Country flag representing In Managing Director09-Jun-2001Current
Balakrishnan Rayaroth Country flag representing In CFO30-Sep-2014Current
Rayaroth Balakrishnan Company Secretary12-Feb-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Thiruvengadam Parthasarathi Country flag representing In Director 29-Jun-2020Current
Pullukottayil Kurian Country flag representing In Director 24-Oct-2024Current
Sheik Pareeth Country flag representing In Director 24-Oct-2024Current
Sreedevi Pillai Director 05-Nov-2024Current
Hari Nair Nominee Director 18-Oct-2024Current

Financial Performance of The Western India Plywoods.

The Western India Plywoods Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.59% increase. The company also saw a substantial improvement in profitability, with a 191.79% increase in profit. The company's net worth moved up by a moderate rise of 7.27%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.59%
Revenue from Operations
8.24%
Total Assets
5.93%
Profit or Loss
191.79%
Net Worth
7.27%
EBITDA
51.63%

What is the Ownership and Shareholding Structure of The Western India Plywoods?

In 2023, The Western India Plywoods had a promoter holding of 40.98% and a public holding of 59.03%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹105.35 Cr

Satisfied Charges

₹139.62 Cr

Charges Breakdown by Lending Institutions

  • The Industrial Finance Corp. Of India Ltd. : 35.00 Cr
  • Others : 22.00 Cr
  • State Bank Of India : 16.00 Cr
  • The Nedutigadi Bank Limited : 10.00 Cr
  • Industrial Finance Corporation Ltd India. : 8.11 Cr
  • Others : 14.24 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2023Others₹5.00 CrOpen
27 Nov 2021Others₹2.00 CrOpen
29 Oct 2009Ifci Limited₹4.90 CrOpen
22 Mar 2007State Bank Of India₹16.00 CrOpen
29 Mar 2006Others₹15.00 CrOpen

How Many Employees Work at The Western India Plywoods?

Unlock and access historical data on people associated with The Western India Plywoods, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The Western India Plywoods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped The Western India Plywoods's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on The Western India Plywoods

Recent activity within the organization

  • Director Appointment

    Sreedevi Pillai was appointed as a Director was appointed as a Director on 05 Nov 2024 & has been associated with this company since 2 months 27 days .

    05 Nov 2024

  • Director Appointment

    Pullukottayil Habel Kurian was appointed as a Director was appointed as a Director on 24 Oct 2024 & has been associated with this company since 3 months 8 days .

    24 Oct 2024

  • Director Appointment

    Sheik Pareeth was appointed as a Director was appointed as a Director on 24 Oct 2024 & has been associated with this company since 3 months 8 days .

    24 Oct 2024

  • Director Appointment

    Hari Krishnan Ramakrishnan Nair was appointed as a Nominee Director was appointed as a Nominee Director on 18 Oct 2024 & has been associated with this company since 3 months 14 days .

    18 Oct 2024

  • Annual General Meeting

    The Western India Plywoods Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 16.00 Cr registered on 22 Mar 2007 with Charge ID 10045733 was modified on 12 Aug 2024.

    12 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • The Western India Plywoods Limited was incorporated on 15 Jan 1945.

  • The authorized share capital of The Western India Plywoods Limited is ₹ 25.00 Cr and paid-up capital is ₹ 8.49 Cr.

  • Currently 8 directors are associated with The Western India Plywoods Limited.

    • Thiruvengadam Parthasarathi
    • Mayan Mohammed Puthiya Kottan
    • Pullukottayil Habel Kurian
    • Sheik Pareeth
    • Sreedevi Pillai
    • Hari Krishnan Ramakrishnan Nair
    • Balakrishnan Rayaroth
    • Rayaroth Balakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Western India Plywoods Limited is Mill Road Baliapatam India, Cannanore, Kerala, 670010.

  • The corporate identification number (CIN) of The Western India Plywoods Limited is L20211KL1945PLC001708 and the company number is 001708 as per Ministry of Corporate Affairs (MCA).

  • Yes, The Western India Plywoods Limited is registered on National Stock Exchange (NSE).

  • The Official website of The Western India Plywoods Limited is https://www.wipltd.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Western India Plywoods Limited has risen by 8.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Western India Plywoods Limited has experienced an upsurge of 7.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for The Western India Plywoods Limited amount to ₹ 105.35 Cr.

  • The most recent Balance Sheet for The Western India Plywoods Limited was filed with the ROC on 31 Mar 2024.

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