The Western India Plywoods (NSE:WIPL) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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
View Full Analysis

What is The Western India Plywoods Dividend Payout Ratio?

The Western India Plywoods NSE:WIPL -0.15% 76 Dividend Payout Ratio is 0.00 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 116 Forest Products companies, The Western India Plywoods ranks worse than 93.97% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. The Western India Plywoods's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of The Western India Plywoods Ltd is 2.61, which seems too high.

The historical rank and industry rank for The Western India Plywoods's Dividend Payout Ratio or its related term are showing as below:

NSE:WIPL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.51   Max: 2.61
Current: 2.61


During the past 13 years, the highest Dividend Payout Ratio of The Western India Plywoods was 2.61. The lowest was 0.19. And the median was 0.51.

NSE:WIPL's Dividend Payout Ratio is ranked worse than
93.97% of 116 companies
in the Forest Products industry
Industry Median: 0.415 vs NSE:WIPL: 2.61

As of today (2026-07-15), the Dividend Yield % of The Western India Plywoods is 0.69%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Western India Plywoods was 2.09%. The lowest was 0.45%. And the median was 0.80%.

The Western India Plywoods's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Western India Plywoods was 14.50% per year. The lowest was -3.90% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


The Western India Plywoods (NSE:WIPL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


The Western India Plywoods Dividend Payout Ratio Related Terms


The Western India Plywoods Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for The Western India Plywoods's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

The Western India Plywoods Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 0.19 0.25 0.36 1.40

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
Dividend Payout Ratio 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 0.00 0.00 4.80 0.00 0.00

NSE:WIPL vs SSD, UFPI, BCC: Dividend Payout Ratio Comparison

For the Lumber & Wood Production subindustry, The Western India Plywoods's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, The Western India Plywoods's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Western India Plywoods's Dividend Payout Ratio falls into.


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

The Western India Plywoods Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

The Western India Plywoods's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=1.2/ 0.86
=1.40

The Western India Plywoods's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ -0.82
=N/A

* 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 Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
The Western India Plywoods (NSE:WIPL) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Western India Plywoods and its competitors. Over the past decade, The Western India Plywoods' Dividend Payout Ratio has ranged from 0.19 to 2.61. According to the industry distribution chart, The Western India Plywoods ranks #109 out of 116 companies in the Forest Products industry, placing it in the top 94%.
Is The Western India Plywoods' Dividend Payout Ratio too high?
The Western India Plywoods' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.61. Based on the distribution chart, The Western India Plywoods ranks #109 out of 116 companies in the Forest Products industry, which is in the bottom quartile relative to peers. 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' Dividend Payout Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, The Western India Plywoods ranks #109 out of 116 companies for Dividend Payout Ratio. This places The Western India Plywoods in the lower half of its industry. The industry median Dividend Payout Ratio is 0.42. Historically, The Western India Plywoods' own Dividend Payout Ratio has ranged from 0.19 to 2.61 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Forest Products company?
The median Dividend Payout Ratio among Forest Products companies is 0.42, based on 116 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Western India Plywoods and its competitors. For the Forest Products industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Western India Plywoods's current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For The Western India Plywoods (NSE:WIPL), the current Dividend Payout Ratio is 0.00 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:

  • Dividend Payout Ratio: 0.00
  • 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

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹172.71
Price
₹291.21
GF Value