The Western India Plywoods Limited - Company Profile

It is a manufacturing public limited company based in Cannanore, Kerala, India, established in 1945.

1945 Cannanore, Kerala, India Active

Last Updated: January 10, 2026

About The Western India Plywoods Limited

The Western India Plywoods Limited, a active public limited company, was established on 15 January 1945 in Cannanore, Kerala, India. Engaging in wood products & mdf within the manufacturing sector, it holds CIN: L20211KL1945PLC001708. Registered under ROC Roc Ernakulam. it is listed on NSE: WIPL. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹8.49 Cr.

Formerly known as The Western India Plywoods Limited, Western India Plywoods Limited. It upholds a compliant status. In 2023, it reported revenue of ₹107.36 Cr and a net worth of ₹48.58 Cr. Its leadership includes Pullukottayil Habel Kurian (Additional Director), Thiruvengadam Parthasarathi (Director), Mayan Mohammed Puthiya Kottan (Managing Director). Past directors included Godfrey Stanislavs Antony Saldanha, Patuvilayi Chandroth Damodaran Nambiar, Yezdi Hirji Malegam. It holds ₹107.35 Cr open charges and ₹141.62 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2024. It is based at Mill Road Baliapatam, Cannanore, Kerala, 670010.

Company Details

CIN/LLPIN
L20211KL1945PLC001708
Registration Number
001708
Incorporation Date
15 January 1945
Authorized Capital
₹25.00 Cr
Paid-Up Capital
₹8.49 Cr
ROC Code
Roc Ernakulam
Listing Status
Listed (NSE: WIPL)
Company Status
Active

Key Metrics

Authorised Capital ₹ 25.00 Cr as on 10-01-2026
Paid Up Capital ₹ 8.49 Cr as on 10-01-2026
Company Age 81 Year, 1 Month
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 107.35 Cr as on 10-01-2026
Satisfied Charges ₹ 141.62 Cr as on 10-01-2026
Revenue Growth **** 8.59% (FY 2023)
Profit Growth **** 191.79% (FY 2023)
Ebitda **** 51.62% (FY 2023)
Net Worth 7.27% (FY 2023)
Total Assets **** 5.93% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into The Western India Plywoods Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Pullukottayil Habel Kurian	Additional Director	12 Aug 2024	Current
Thiruvengadam Parthasarathi	Director	29 Jun 2020	Current
Mayan Mohammed Puthiya Kottan	Managing Director	09 Jun 2001	Current
Rayaroth Balakrishnan	Nodal Officer	30 Oct 2019	Current
Sheik Pareeth	Additional Director	12 Aug 2024	Current
Hari Krishnan Ramakrishnan Nair	Nominee Director	12 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	28 May 2011	Past
Pramod Abcsdd	Director	27 May 2012	Past
Pramod Abcsdd	Director	12 Aug 2019	Past
Pramod Abcsdd	Additional Director	27 Sep 2014	Past
Pramod Abcsdd	Director	19 Mar 2008	Past
Pramod Abcsdd	Director	19 May 2015	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

*******

51.62%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,073,457,329.00

Satisfied Charges

₹1,416,150,000.00

Charges Breakdown by Lending Institutions

The Industrial Finance Corp. Of India Ltd. : 35.00 Cr
Others : 20.00 Cr
State Bank Of India : 20.00 Cr
The Nedutigadi Bank Limited : 10.00 Cr
Industrial Finance Corporation Ltd India. : 8.11 Cr
Others : 14.24 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Jul 2023	Others	₹5.00 Cr	Open
29 Oct 2009	Ifci Limited	₹4.90 Cr	Open
22 Mar 2007	State Bank Of India	₹20.00 Cr	Open
29 Mar 2006	Others	₹15.00 Cr	Open
20 Oct 2000	The Nedutigadi Bank Limited	₹10.00 Cr	Open

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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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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

Recent Activity within the Organization

Annual General Meeting

The activity The Western India Plywoods Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.
25 Sep 2025
Charges

A charge with State Bank Of India of Rs. 20.00 Cr registered on 22 Mar 2007 with Charge ID 10045733 was modified on 20 Feb 2025. was recorded as a recent event.
20 Feb 2025
Charges

A charge registered on 27 Nov 2021 via Charge ID 100509637 with Others was fully satisfied on 14 Feb 2025. was recorded as a recent event.
14 Feb 2025
Director Appointment

The activity Pullukottayil Habel Kurian was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2024 & has been associated with this company since 1 year 6 months . was completed.
12 Aug 2024
Director Appointment

Sheik Pareeth was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2024 & has been associated with this company since 1 year 6 months . was recorded as a recent event.
12 Aug 2024
Director Appointment

Progress on Hari Krishnan Ramakrishnan Nair was appointed as a Nominee Director was appointed as a Nominee Director on 12 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
12 Aug 2024

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