WIMPLAST
Wim Plast financials
- Market cap
- ₹402 Cr
- Sector
- Consumer Durables
Quarterly results
Q3 FY26: revenue down 10.8%, net profit down 7.1% against the same quarter last year.
| Line item | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 98 | 90 | 78 | 93 | 106 +8% | 90 +0% | 84 +8% | 83 −11% |
| EBITDA | 18 | 17 | 12 | 16 | 20 +11% | 14 −18% | 14 +17% | 13 −19% |
| Net profit | 16 | 15 | 11 | 14 | 18 +13% | 17 +13% | 13 +18% | 13 −7% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −13.0% YTD
YTD: ₹385.26 on 20 Apr 2026 → ₹335.3. High ₹385.26 (20 Apr 2026), low ₹323.7 (2 Jun 2026).
Financials, as filed
Revenue grew 7.0% a year over 1 year, FY24 to FY25. Operating margin held at 17.7%.
| Year ending | FY24 | FY25 |
|---|---|---|
| Revenue | ₹343 Cr | ₹367 Cr |
| Operating profit | ₹61 Cr | ₹65 Cr |
| Operating margin | 17.8% | 17.7% |
| Interest | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹12 Cr | ₹12 Cr |
| Net profit | ₹56 Cr | ₹58 Cr |
| Net margin | 16.3% | 15.8% |
| Cash from operations | ₹48 Cr | ₹57 Cr |
| Free cash flow | ₹57 Cr | ₹48 Cr |
| ROCE | 15.0% | 15.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹339 Cr | ₹371 Cr | ₹400 Cr | ₹432 Cr | ₹477 Cr | ₹541 Cr |
| Borrowings | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹42 Cr | ₹42 Cr | ₹33 Cr | ₹43 Cr | ₹40 Cr | ₹32 Cr |
| Total liabilities | ₹393 Cr | ₹425 Cr | ₹446 Cr | ₹486 Cr | ₹530 Cr | ₹585 Cr |
| Fixed assets | ₹128 Cr | ₹117 Cr | ₹102 Cr | ₹77 Cr | ₹75 Cr | ₹70 Cr |
| Capital work in progress | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹80 Cr | ₹120 Cr | ₹150 Cr | ₹156 Cr | ₹169 Cr | ₹345 Cr |
| Other assets | ₹183 Cr | ₹189 Cr | ₹194 Cr | ₹254 Cr | ₹285 Cr | ₹170 Cr |
| Total assets | ₹393 Cr | ₹425 Cr | ₹446 Cr | ₹486 Cr | ₹530 Cr | ₹585 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count grew 14% to 11,504.
- Promoters
- 56.0%
- DIIs
- 3.8%
- Public
- 40.2%
Since Mar 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Jun '23: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Sep '23: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Dec '23: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Mar '24: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Jun '24: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Sep '24: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Dec '24: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Mar '25: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Jun '25: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Sep '25: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Dec '25: Promoters 56.0%, DIIs 3.8%, Public 40.2%.Mar '26: Promoters 56.0%, DIIs 3.8%, Public 40.2%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Wim Plast Ltd above SEBI's 1% disclosure line, and what changed since Dec 2025.
| Holder | Stake | Change |
|---|---|---|
| Cello World Limited | 54.92% | unchanged |
| HSBC Small Cap Fund Mutual fund | 3.81% | unchanged |
| Jayesh Ashoak Shah | 3.25% | unchanged |
| Seetha Kumari | 2.65% | unchanged |
| Fatehchand Mulchand Shah | 1.92% | −0.65 pp |
| Ramesh Damani | 1.00% | unchanged |
| Pradeep Ghisulal Rathod (Huf) | 0.33% | unchanged |
| Pankaj Ghisulal Rathod (Huf) | 0.33% | unchanged |
| Pradeep Ghisulal Rathod | 0.14% | unchanged |
| Pankaj Ghisulal Rathod | 0.13% | unchanged |
| Pampuben Ghisulal Rathod | 0.02% | unchanged |
| Cello Household Products Private Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹335, this stock must grow earnings at -3% every year for 7 years. Our analysis caps realistic growth at ~2%. At that growth it is worth ₹454 — upside of 35%.
- Growth the price implies
- -3.0% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 3.6% a year
- net profit, FY24–FY25 · EPS 2.5%
- The gap
- -0.1 pp
- 35% downside if it only repeats history
Learn to analyse Wim Plast Ltd
Guides on how to read this kind of business and the numbers that matter.