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Wim Plast Ltd

NSE: WIMPLAST BSE: 526586

Wim Plast Ltd (WIMPLAST) is a Diversified company listed on NSE: WIMPLAST | BSE: 526586. With a market cap of ₹422 Cr and ROCE of 14.8%, ROE of 11.4%, it operates in the Indian Diversified sector.

351
52W: ₹317 — ₹580
PE 7 · Book ₹467 · -25% vs book
Market Cap₹422 Cr
Stock P/E7Price to Earnings
ROCE14.8%Return on Capital
ROE11.4%Return on Equity
Div. Yield2.84%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Stock is trading at 0.74 times its book value
  • +Company has been maintaining a healthy dividend payout of 21.7%
  • +Company's working capital requirements have reduced from 205 days to 146 days

Weaknesses

  • The company has delivered a poor sales growth of 2.99% over past five years.
  • Company has a low return on equity of 10.8% over last 3 years.
  • Earnings include an other income of Rs.32.1 Cr.

Shareholding Pattern

Promoters55.99%
FIIs0%
DIIs3.81%
Public40.2%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters55.99%55.99%55.99%55.99%55.99%55.99%55.99%55.99%
FIIs0%0%0%0%0%0%0%0%
DIIs3.82%3.82%3.81%0.03.81%3.81%3.81%3.81%3.81%
Public40.19%40.17%0.040.19%0.040.2%0.040.18%0.040.19%0.040.2%0.040.2%

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales808798907893106908483
Expenses66728074667887767171
Operating Profit13151817121519131312
OPM %17%17%18%18%15%16%18%15%15%15%
Net Profit15131615191318171213
EPS ₹12.1810.7113.5612.0915.7511.2414.6814.0710.4110.6

AI Insights

Revenue Trend

TTM revenue at ₹363Cr, down 1.1% YoY. OPM at 16%.

Debt Position

Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.

Institutional Flow

DIIs: 3.81% (-0.01pp change). FIIs: 0% (+0.00pp change). Promoters hold 55.99%.

Margin & Efficiency

ROCE declining from 33% (Mar 2014) to 15% (Mar 2025). Working capital days: 146.

Valuation

PE 7x with 14.8% ROCE. Price is -25% above book value of ₹467. Dividend yield: 2.84%.

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