How did revenue and profit move in FY26?

Standalone revenue increased to ₹22,853.42 lakhs from ₹22,580.82 lakhs, a gain of about ₹273 lakhs. Net profit declined to ₹355.31 lakhs from ₹367.79 lakhs, and EPS fell to ₹0.56 from ₹0.57.

What dividend was declared?

The board recommended a final dividend of ₹0.20 per share. This is a 10% payout on face value and was expected given the board meeting notice.

Were there any audit qualifications or major governance changes?

The audit report was unmodified. The only governance item was the appointment of an internal auditor, a minor procedural matter.

Is this a significant filing for the stock?

No. It is a standard annual results announcement with no material surprises or unexpected developments.

Earnings · Tobacco · Micro cap

Indian Wood Products profit dips even as revenue ticks up

A ₹228-lakh revenue gain was more than offset by a smaller profit. The dividend is unchanged.

IWP By Tipsheet Editorial 30 May 2026 · 9:16 PM IST Verify on BSE · NSE

Mkt cap₹212 cr

P/E46.37×

ROE1.47%

Debt / eq.0.21

Div yld0.60%

₹355.31 lakhs FY26 net profit, down from ₹367.79 lakhs.

What's new

FY26 standalone revenue rose marginally to ₹22,853.42 lakhs from ₹22,580.82 lakhs.
Net profit fell to ₹355.31 lakhs from ₹367.79 lakhs.
Board declared a final dividend of ₹0.20 per share.

Why this matters

Revenue inched up but profit went the other way, suggesting margin pressure or higher costs. For a nano-cap, the filing is routine and contains no surprises that would shift the stock's narrative.

What we're watching

Whether the profit slide reverses next year or becomes a pattern.
Full financials for details on the cost squeeze.
Internal auditor's first report on governance.

The full read

Indian Wood Products reported FY26 numbers that are pure noise. Standalone revenue rose a whisker to ₹22,853.42 lakhs from ₹22,580.82 lakhs. The company couldn't turn that growth into profit. Net profit slipped to ₹355.31 lakhs from ₹367.79 lakhs. EPS fell to ₹0.56 from ₹0.57. The board declared a final dividend of ₹0.20 per share. The audit was clean. For a nano-cap with a 10% face-value payout, what you see is what you get. The filing changes nothing.

Questions answered

How did revenue and profit move in FY26?: Standalone revenue increased to ₹22,853.42 lakhs from ₹22,580.82 lakhs, a gain of about ₹273 lakhs. Net profit declined to ₹355.31 lakhs from ₹367.79 lakhs, and EPS fell to ₹0.56 from ₹0.57.
What dividend was declared?: The board recommended a final dividend of ₹0.20 per share. This is a 10% payout on face value and was expected given the board meeting notice.
Were there any audit qualifications or major governance changes?: The audit report was unmodified. The only governance item was the appointment of an internal auditor, a minor procedural matter.
Is this a significant filing for the stock?: No. It is a standard annual results announcement with no material surprises or unexpected developments.

Mentioned: The Indian Wood Products Company Ltd. · ₹0.20 per share dividend · FY26 audited results

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

The Indian Wood Products Company Ltd.

FMCG

₹211 cr

P/E 46.32×

Latest quarter · Mar 2026

Sales₹69 cr

Net profit₹1 cr

Op. margin+4.6%

EPS₹0.02

Strength & growth

Debt / equity0.21×

Current ratio1.42×

Sales CAGR+2.2%

EPS CAGR−14.9%