On 6 Nov 2026, The Indian Wood Products Company was priced at ₹34.20, or 36.8× trailing earnings, against an industry P/E of 44.0×, and the shares are 19% below their 52-week high. It earns ROCE of 2.9% and ROE of 1.3%, and sales and net profit grew 7.8% and 35% a year over 3 years. Its dividend yield is 0.6%, and debt is 0.19× equity. It is a small-cap company with a market cap of ₹219 Cr, ranked 5th of 12 Lumber & Wood Production companies by market cap; the shares rose 1.2% over the past year.
- ₹33.39
- ₹35.00
- ₹33.01
- ₹33.56
- 7.4K
Health check
- ReturnsAhead
+1.2% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 36.8 vs industry 44.0.
- GrowthStrong
Sales +7.8%, profit +35.4% a year over 3 years.
- ProfitabilityWeak
ROCE 2.9% vs peer median 9.2%.
- Balance sheetFair
Debt 0.19× equity, interest covered 2.4×.
- Red flags2 to check
Return on equity is low at 1.3%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹219 Cr
- Small cap
- P/E
- 36.8
- Industry 44.0
- Price to book
- 0.59
- Peers 3.85
- Dividend yield
- 0.58%
- ROE
- 1.3%
- Peers 4.9%
- ROCE
- 2.9%
- Peers 9.2%
- Debt to equity
- 0.19
- Debt ₹68 Cr
- EPS (TTM)
- ₹0.93
- Face value ₹2
- OPM (TTM)
- 6.2%
- Net margin 2.4%
- Sales growth
- +26.8%
- Latest quarter vs a year ago
- Profit growth
- +118.2%
- Latest quarter vs a year ago
- Price to sales
- 0.90
- EV/EBITDA 18.4
Strengths and risks
Strengths
- Quarterly profit up 118.2% on a year ago.
- Quarterly sales up 26.8% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 1.3%.
- Interest coverage of only 2.4×.
About The Indian Wood Products Company
The Indian Wood Products Company Limited engages in the manufacture and trading of Katha in India. It offers cutch and catechins products, as well as processed Gambier. The company also trades in spices. The Indian Wood Products Company Limited was incorporated in 1919 and is based in Kolkata, India.
- Headquarters
- Kolkata
- Employees
- 305
- Sector
- Basic Materials
- ISIN
- INE586E01020
- Website
- iwpkatha.com
Price range
- Avg volume (3M)
- 37.1K
- 1-year return
- plus 1.2%
- From 52-week high
- minus 19.3%
Peers · Lumber & Wood Production
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CENTURYPLYCentury Plyboards (India) | 639.25 | minus 1.63% | 14,202 | 44.0 | 23.0 | 13.9% | 12.4% | 0.67 | 14.0% | minus 14.3% |
| GREENLAMGreenlam Industries | 203.70 | minus 3.51% | 5,197 | 55.8 | 18.6 | 9.2% | 11.4% | 0.98 | 14.8% | minus 20.4% |
| GREENPLYGreenply Industries | 266.30 | plus 0.36% | 3,326 | 26.5 | 14.1 | 12.5% | 10.0% | 0.65 | 18.2% | minus 10.9% |
| GREENPANELGreenpanel Industries | 142.38 | plus 0.27% | 1,746 | 143.8 | 16.6 | −1.5% | 8.1% | 0.24 | −5.5% | minus 49.2% |
| IWPThe Indian Wood Products Company | 34.20 | plus 1.91% | 219 | 36.8 | – | – | 6.2% | 0.19 | – | plus 1.2% |
| ECOBOAREcoboard Industries | 59.40 | minus 2.51% | 192 | – | – | −41.3% | −28.1% | 0.34 | −14.8% | plus 74.1% |
| ARCHIDPLYArchidply Industries | 92.63 | plus 0.28% | 185 | 14.1 | 8.4 | 15.1% | 6.7% | 1.63 | 16.8% | minus 4.9% |
| WIPLThe Western India Plywoods | 155.33 | minus 2.92% | 132 | 913.7 | 37.2 | 4.4% | 2.0% | 0.21 | 3.3% | minus 6.5% |
| Median of 7 peers | – | −1.63% | 1,746 | 49.9 | 17.6 | 9.2% | 8.1% | 0.65 | 14.0% | −10.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 51.4 | 55.3 | 53.3 | 68.5 | 65.2 | |
| 47.5 | 51.3 | 49.1 | 65.3 | 61.4 | |
| 4 | 3.9 | 4.2 | 3.2 | 3.8 | |
| 7.7% | 7.1% | 7.8% | 4.6% | 5.9% | |
| 0.4 | 1.4 | −0.2 | 0 | 1.4 | |
| 1.9 | 1.7 | 1.5 | 1.4 | 1.3 | |
| 1.1 | 1.1 | 1.1 | 0.7 | 1 | |
| 1.4 | 2.6 | 1.4 | 1.1 | 3 | |
| 18.1% | 10.5% | 30.8% | 88.3% | 17.5% | |
| 1.1 | 2.3 | 1 | 0.1 | 2.5 | |
| 0.18 | 0.36 | 0.16 | 0.02 | 0.39 |
Profit & loss
- Sales CAGR 3Y
- +7.8%
- Profit CAGR 3Y
- +35.4%
- EPS CAGR 3Y
- +34.8%
- ROE
- 1.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 181 | 191 | 222 | 227 | |
| – | +5.6% | +16.1% | +2.3% | |
| 170 | 176 | 206 | 211 | |
| 10.5 | 14.5 | 15.8 | 15.3 | |
| 5.8% | 7.6% | 7.1% | 6.8% | |
| 1.6 | 1.3 | 1.8 | 0.9 | |
| 6.6 | 8.3 | 7.7 | 6.3 | |
| 3.3 | 3.2 | 3.3 | 3.9 | |
| 0 | 0.1 | 0.1 | 0.4 | |
| 2.3 | 4.3 | 6.7 | 6.5 | |
| 19.0% | 15.5% | 20.8% | 29.5% | |
| 1.8 | 3.7 | 5.3 | 4.6 | |
| – | +99.2% | +44.6% | minus 13.8% | |
| 0.29 | 0.57 | 0.83 | 0.71 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.8 | 12.8 | 12.8 | 12.8 | |
| 340 | 342 | 347 | 350 | |
| 79.2 | 77.7 | 79.9 | 67.5 | |
| 98.3 | 100 | 102 | 97.4 | |
| 530 | 533 | 541 | 528 | |
| 387 | 384 | 386 | 387 | |
| 2 | 2 | 1.3 | 1.3 | |
| 0 | 0 | 0.1 | 0.1 | |
| 4.2 | 1.6 | 2.3 | 0.9 | |
| 137 | 145 | 152 | 139 | |
| 530 | 533 | 541 | 528 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.7 | 9.9 | 13.7 | 23.7 | |
| −2.9 | −2.1 | −4.7 | −5.3 | |
| −5 | −10.2 | −8.3 | −19.9 | |
| 3.8 | −2.4 | 0.7 | −1.5 | |
| −2.8 | −1.3 | −3.3 | −4.3 | |
| 8.9 | 8.6 | 10.4 | 19.4 | |
| −0.3 | −0.3 | −0.6 | −1 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.