1. India Stocks

  2. •

    Consumer Defensive

  3. •

    Food Confectioners
Indian Wood Products Co. Ltd.

Indian Wood Products Co. Ltd.

IWP.BO
Indian Wood Products Co. Ltd.IN flagBombay Stock Exchange
32.48
INR
-0.18
- -
2.08BMarket Cap
Indian Wood Products Co. Ltd.
IWP.BO
(Bombay Stock Exchange)

Recent

price

32.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
11.72
11.91
14.57
15.86
18.65
28.09
33.71
31.34
29.42
22.89
26.35
28.25
29.83
35.42
- -
36.21
Revenue per Share
0.22
0.22
0.35
0.41
0.57
1.79
2.48
2.65
1.08
0.33
-0.09
0.29
0.57
0.83
- -
0.72
Basic EPS, GAAP
0.23
0.52
-0.02
-0.4
-0.05
-3.54
2.87
-1.93
-1.7
2.49
-0.03
1.4
1.35
1.64
- -
- -
Free Cash Flow per Basic Share
0.02
0.02
0.02
0.02
0.03
0.03
0.07
0.14
0.23
0.1
0.1
0.05
0.05
0.1
- -
- -
Dividend per Share
0.6
0.75
1.02
1.39
47.09
49.44
51.85
54.35
55.12
55.34
55.15
55.39
55.91
56.83
- -
2.03
Book Value per Share
1.85
2.06
2.49
2.99
47.69
49.33
51.74
54.07
54.77
55.03
54.91
55.15
55.53
56.4
- -
57.57
Tangible Book Value per Share
64
64
64
64
64
64
64
64
64
64
64
64
64
64
- -
63
Basic Weighted Avg Shares
750
762
932
1,015
1,193
1,797
2,156
2,005
1,882
1,464
1,686
1,807
1,908
2,258
2,285
2,285
Sales/Revenue/Turnover
4.54
4.88
6.03
5.78
5.8
11.77
13.6
14.83
9.02
4.88
3.15
4
5.89
5.45
4.98
4.98
Operating Margin (%)
6
6
10
15
15
22
28
33
38
40
39
33
32
33
39
39
Depreciation Expense
14
14
23
26
37
115
159
169
69
21
-6
18
37
53
46
46
Net Income, GAAP
30.85
38.3
39.06
33.35
24.44
37.35
36.99
31.5
29.42
7.97
- -
18.97
15.46
20.76
29.47
29.47
Effective Tax Rate (%)
1.85
1.87
2.43
2.59
3.08
6.39
7.36
8.45
3.68
1.42
-0.35
1.02
1.92
2.34
2
2
Profit Margin (%)
84
77
98
123
127
212
253
322
298
380
414
406
427
424
437
437
Working Capital
7
3
12
15
21
85
75
35
88
91
127
83
48
32
28
28
LT Debt
119
132
159
191
3,051
3,156
3,310
3,459
3,504
3,520
3,513
3,528
3,553
3,596
3,633
3,633
Total Equity
- -
9.52
12.54
11.64
2.91
3.85
4.93
5.16
2.88
1.55
- -
1.36
2.2
2.24
1.84
1.84
Return on Invested Capital (%)
- -
15.5
18.21
17.18
3.06
3.9
5.14
5.17
2.75
1.92
- -
1.66
2.46
2.63
3.52
3.52
Return on Capital (%)
- -
33.11
39.91
33.99
2.37
3.72
4.9
4.99
1.98
0.59
-0.17
0.52
1.03
1.47
2.43
2.43
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
759
- -
647
LT Borrowings
26
- -
20
LT Finance Leases
15
- -
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
- -
64
Market Capitalization
2,738
2,363
1,868

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,441
- -
1,282
Cash, Cash Equivalents & STI
55
- -
11
Accounts Receivable, Net
505
- -
466
Inventories
632
- -
494
Total Current Liabilities
1,021
- -
845
Payables & Accruals
- -
- -
- -
ST Debt
759
- -
647
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.78%
0.63%
1.03%
Free Cash Flow
164.84%
-903.43%
85.47%
Net Income, GAAP
-28.41%
-82.41%
-13.79%
Sales/Revenue/Turnover
8.27%
9.49%
1.21%
Total Cash Common Dividend
31.12%
20.36%
52%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
502
484
445
477
1,908
2025
563
600
550
544
2,258
2026
514
553
533
685
2,285

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.1
0.1
- -
0.57
2025
0.2
0.31
0.19
0.13
0.83
2026
0.18
0.36
0.16
0.02
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.05
2025
- -
- -
- -
- -
0.1
2026
- -
- -
- -
- -
- -
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Business
The Indian Wood Products Company Limited (IWP.BO) manufactures and markets Katha, a natural reddish vegetable extract used in Ayurvedic medicines, pan masala, tobacco products, confectionery, and cosmetics; Cut Katha; Cutch; and Katha-based herbal extracts. The company produces these products from raw materials such as gambier and divi-divi sourced primarily from Indonesia and other Southeast Asian countries. Operations are focused on the Indian market with processing facilities in Katha, Gujarat, where the company is headquartered; it was founded in 1955. In recent developments, the company has expanded its production capacity through modernization initiatives at its Katha plant and strengthened supply chain partnerships with international raw material suppliers amid rising global demand for natural extracts. No major acquisitions, funding rounds, or name changes have been reported in the last 1-2 years. The company serves B2B customers in the pharmaceutical, food, and personal care industries across India.