The Western India Plywoods (NSE:WIPL) Net Margin %: -3.19% (As of Mar. 2026)

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NSE:WIPL The Western India Plywoods Ltd NSE:WIPL
76 GF Score
Price ₹172.71
GF Value ₹291.21
Valuation Significantly Undervalued
! 3 Warning Signs
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What is The Western India Plywoods Net Margin %?

The Western India Plywoods NSE:WIPL -0.15% 76 Net Margin % is -3.19% as of Mar. 2026. GuruFocus rates NSE:WIPL with a GF Score™ of 76/100 and a GF Value™ of ₹291.21 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 283 Forest Products companies, The Western India Plywoods ranks worse than 59.72% on this metric.

Net margin is calculated as Net Income divided by its Revenue. The Western India Plywoods's Net Income for the three months ended in Mar. 2026 was ₹-9.1 Mil. The Western India Plywoods's Revenue for the three months ended in Mar. 2026 was ₹285.0 Mil. Therefore, The Western India Plywoods's net margin for the quarter that ended in Mar. 2026 was -3.19%.

The historical rank and industry rank for The Western India Plywoods's Net Margin % or its related term are showing as below:

NSE:WIPL' s Net Margin % Range Over the Past 10 Years
Min: -0.31   Med: 1.08   Max: 3.4
Current: 0.12


NSE:WIPL's Net Margin % is ranked worse than
59.72% of 283 companies
in the Forest Products industry
Industry Median: 1.21 vs NSE:WIPL: 0.12

The Western India Plywoods  (NSE:WIPL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


The Western India Plywoods Net Margin % Related Terms


The Western India Plywoods Net Margin % Historical Data

* Premium members only.

The historical data trend for The Western India Plywoods's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Western India Plywoods Net Margin % Chart

The Western India Plywoods Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 3.40 3.11 2.41 0.38

The Western India Plywoods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 2.65 0.64 2.64 -3.19

NSE:WIPL vs SSD, UFPI, BCC: Net Margin % Comparison

For the Lumber & Wood Production subindustry, The Western India Plywoods's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Western India Plywoods Net Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, The Western India Plywoods's Net Margin % distribution charts can be found below:

* The bar in red indicates where The Western India Plywoods's Net Margin % falls into.


NSE:WIPL
76GF Score
The Western India Plywoods Ltd NSE:WIPL
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Western India Plywoods Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

The Western India Plywoods's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=4.5/1188.8
=0.38 %

The Western India Plywoods's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-9.1/285
=-3.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -3.19% mean?
The Western India Plywoods (NSE:WIPL) has a Net Margin % of -3.19% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on The Western India Plywoods and its competitors. According to the industry distribution chart, The Western India Plywoods ranks #169 out of 283 companies in the Forest Products industry, placing it in the top 59.7%.
Is The Western India Plywoods' Net Margin % too high?
The Western India Plywoods' current Net Margin % is -3.19%. Based on the distribution chart, The Western India Plywoods ranks #169 out of 283 companies in the Forest Products industry, which is below the industry midpoint. Overall, The Western India Plywoods has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Western India Plywoods' Net Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, The Western India Plywoods ranks #169 out of 283 companies for Net Margin %. This places The Western India Plywoods in the lower half of its industry. The industry median Net Margin % is 1.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Forest Products company?
The median Net Margin % among Forest Products companies is 1.21, based on 283 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on The Western India Plywoods and its competitors. For the Forest Products industry, the median Net Margin % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Western India Plywoods's current Net Margin % is -3.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Western India Plywoods stock overvalued right now?
Based on GuruFocus' analysis, The Western India Plywoods (NSE:WIPL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹291.21, compared to a current price of ₹172.71 — trading 40.7% below its estimated fair value. The current Net Margin % is -3.19%. The Western India Plywoods' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For The Western India Plywoods (NSE:WIPL), the current Net Margin % is -3.19% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Western India Plywoods (NSE:WIPL) Overvalued in 2026?

Based on GuruFocus' analysis, The Western India Plywoods stock appears to be undervalued. The current stock price of ₹172.71 is trading 40.7% below its estimated GF Value™ of ₹291.21. GuruFocus considers The Western India Plywoods to be Significantly Undervalued.

Key valuation signals for NSE:WIPL:

  • Net Margin %: -3.19%
  • GF Value™: ₹291.21 vs. price of ₹172.71 (40.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the NSE:WIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Western India Plywoods Business Description

Address Mill Road, Baliapatam, Kannur, KL, IND, 670010
The Western India Plywoods Ltd is a manufacturer of wood-based products. Its products include Plywood, Hard boards, Densified wood, Furniture, Wipress, Wooden flooring, and Others.
76GF Score

Get the complete analysis for NSE:WIPL

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹172.71
Price
₹291.21
GF Value