Top Wood Stocks in India
The Indian wood market is valued at USD 16.07 bn in 2025, expected to grow at 8.78% CAGR to USD 24.47 bn by 2030. The sector encompasses plywood, laminates, furniture, and engineered wood products, providing exposure to the growing construction and interior design markets. Here is the list of top wood stocks in India, along with factors to consider before investing in wood industry stocks.
List of Wood Stocks In India
Saturday, 2 August, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADL | Archidply Decor Ltd | ADL | /stocks/archidply-decor-ADL | Wood Products | 89.96 | 146.60 | 62.00 | 50.07 | 1,001.48 | 27.45 | 0.99 | 0.00 | 0.06 | -2.87 | 53.52 | 293.70 | Smallcap | null | Paper & Forest Products | null | 2.59 |
| AMARD | Amerise Biosciences Ltd | AMERISE | /stocks/amradeep-industries-AMARD | Wood Products | 0.72 | 1.45 | 0.62 | 4.76 | 475.70 | 27.45 | 0.88 | 0.00 | -2.57 | 2.86 | -26.53 | -14.29 | Smallcap | Food, Beverage & Tobacco | Paper & Forest Products | Agricultural Products & Services | 2.86 |
| ARCY | Archidply Industries Ltd | ARCHIDPLY | /stocks/archidply-industries-ARCY | Wood Products | 109.13 | 153.00 | 79.50 | 216.79 | -29.49 | 27.45 | 1.94 | 0.00 | 6.58 | 7.11 | 56.23 | 313.37 | Smallcap | Materials | Paper & Forest Products | Forest Products | -1.68 |
| BLO | Bloom Dekor Ltd | BLOOM | /stocks/bloom-dekor-BLO | Wood Products | 11.60 | 16.30 | 9.69 | 7.95 | -7.71 | 27.45 | -1.43 | 0.00 | 0.00 | 1.75 | -0.43 | 17.53 | Smallcap | Capital Goods | Paper & Forest Products | Building Products | 0.00 |
| CNTP | Century Plyboards (India) Ltd | CENTURYPLY | /stocks/century-plyboards-india-CNTP | Wood Products | 739.80 | 935.00 | 631.00 | 16,436.36 | 88.69 | 27.45 | 7.45 | 0.14 | 15.88 | 5.52 | 25.36 | 475.72 | Smallcap | Materials | Paper & Forest Products | Forest Products | 1.13 |
| DGL | Diksha Greens Ltd | DGL | /stocks/diksha-greens-DGL | Wood Products | 3.98 | 6.27 | 2.54 | 3.93 | -1.33 | 27.45 | -0.14 | 0.00 | 0.00 | 16.37 | 76.89 | -74.49 | Smallcap | Capital Goods | Paper & Forest Products | Trading Companies & Distributors | -4.78 |
| GREP | Greenpanel Industries Ltd | GREENPANEL | /stocks/greenpanel-industries-GREP | Wood Products | 280.40 | 427.00 | 202.81 | 3,438.47 | 47.68 | 27.45 | 2.48 | 0.11 | 5.34 | -24.49 | -37.88 | 637.89 | Smallcap | Materials | Paper & Forest Products | Forest Products | -4.58 |
| GRPL | Greenply Industries Ltd | GREENPLY | /stocks/greenply-industries-GRPL | Wood Products | 316.55 | 411.95 | 245.10 | 3,953.10 | 43.14 | 27.45 | 5.57 | 0.16 | 10.34 | -15.08 | 73.36 | 291.77 | Smallcap | Materials | Paper & Forest Products | Forest Products | -1.81 |
| IWP | Indian Wood Products Co Ltd | IWP | /stocks/indian-wood-products-company-IWP | Wood Products | 39.56 | 67.50 | 29.00 | 253.08 | 47.93 | 27.45 | 0.71 | 0.38 | 1.04 | -0.25 | 43.33 | 44.38 | Smallcap | Materials | Paper & Forest Products | Forest Products | 1.96 |
| JAYK | Jay Kailash Namkeen Ltd | JAYKAILASH | /stocks/jay-kailash-namkeen-JAYK | Wood Products | 55.00 | 98.30 | 47.01 | 27.48 | 22.90 | 27.45 | 4.46 | 0.00 | 14.10 | -21.52 | -31.89 | -31.89 | Smallcap | Food, Beverage & Tobacco | Paper & Forest Products | Packaged Foods & Meats | -0.27 |
| MLTO | Milton Industries Ltd | MILTON | /stocks/milton-industries-MLTO | Wood Products | 28.90 | 44.40 | 26.50 | 49.12 | 41.27 | 27.45 | 1.06 | 0.00 | 7.14 | -26.65 | 87.06 | 177.88 | Smallcap | Materials | Paper & Forest Products | Forest Products | 0.00 |
| SAGR | Signature Green Corporation Ltd | SIGNGCL | /stocks/sagar-soya-products-SAGR | Wood Products | 3.11 | 3.11 | 1.86 | 1.12 | 3.73 | 27.45 | 0.25 | 0.00 | 10.24 | 74.72 | 409.84 | 409.84 | Smallcap | Food, Beverage & Tobacco | Paper & Forest Products | Packaged Foods & Meats | 0.00 |
| SOUT | Southern Latex Ltd | SOUTLAT | /stocks/southern-latex-SOUT | Wood Products | 27.71 | 41.43 | 18.01 | 20.39 | 84.97 | 27.45 | 3.12 | 0.00 | 3.74 | 5.56 | 79.94 | 352.04 | Smallcap | Consumer Durables & Apparel | Paper & Forest Products | Home Furnishings | 0.00 |
| SVR | Shri Venkatesh Refineries Ltd | SVRL | /stocks/shri-venkatesh-refineries-SVR | Wood Products | 249.00 | 255.00 | 115.00 | 550.77 | 30.46 | 27.45 | 6.92 | 0.00 | 20.64 | 95.52 | 362.83 | 1,082.90 | Smallcap | Food, Beverage & Tobacco | Paper & Forest Products | Packaged Foods & Meats | -0.38 |
| SYLV | Sylvan Plyboard (India) Ltd | SYLVANPLY | /stocks/sylvan-plyboard-india-SYLV | Wood Products | 80.50 | 119.90 | 55.00 | 155.97 | 22.60 | 27.45 | 1.62 | 0.00 | 6.62 | -25.12 | 16.16 | 16.16 | Smallcap | Materials | Paper & Forest Products | Forest Products | -5.24 |
| VRW | VR Woodart Ltd | VRWODAR | /stocks/v-r-woodart-VRW | Wood Products | 37.38 | 49.82 | 4.56 | 55.67 | -428.20 | 27.45 | 0.00 | 0.00 | 0.00 | 482.24 | 607.95 | 524.04 | Smallcap | null | Paper & Forest Products | null | 0.00 |
| WEIP | Western India Plywoods Ltd | WIPL | /stocks/western-india-plywoods-WEIP | Wood Products | 153.09 | 270.00 | 137.90 | 129.93 | 46.40 | 27.45 | 3.01 | 0.78 | 8.02 | -3.79 | 178.60 | 215.65 | Smallcap | null | Paper & Forest Products | null | 0.54 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Note: The data on this list of wood stocks is dynamic in nature and subject to real-time changes.
What are Wood Stocks?
Wood stocks are shares of companies involved in producing and distributing wood products like plywood, veneers, laminates, timber, and furniture components. These companies support the construction and furniture sectors, aligning with trends such as sustainable building. Their performance depends on factors such as market demand, raw material costs, and regulations.
About the Top Wood Industry Stocks in India (2025)
- Century Plyboards (India) Ltd: Century Plyboards (India) Ltd is involved in the production of plywood, laminates, and MDF products, with a focus on sustainable manufacturing and innovation in interior solutions.
- Greenply Industries Ltd: Greenply Industries Ltd is a leading manufacturer of plywood, laminates and decorative veneers with eco-friendly solutions.
- Greenpanel Industries Ltd: Greenpanel Industries Ltd is involved in environmentally friendly wood panelling, including MDF and particle boards, for residential and commercial use.
- Indian Wood Products Co Ltd: Indian Wood Products Co Ltd specialises in wooden products, with a focus on plywood, veneers, and blockboards for the construction and furniture industries.
- Archidply Industries Ltd: Archidply Industries crafts plywood, blockboards, laminates, and veneers using plantation timber and in-house resins at Rudrapur and Chintamani plants, distributing eco-certified panels to construction, modular furniture, and export markets nationwide.
Overview of the Wood Industry in India
- Market Valuation: The Indian wood market is valued at USD 16.07 bn in 2025, growing at 8.78% CAGR to USD 24.47 bn by 2030.
- Plywood Growth: Plywood reached ₹235.1 bn in FY 2024-25 with a 5-yr CAGR of 6.00% and is expected to reach ₹387.9 bn by FY 2033-34.
- Panels Expansion: Wood-based panels (MDF, HDF, particleboard, OSB) totalled USD 1,570.3 mn in 2024; expected to grow at 15.9% CAGR to USD 3,670.9 mn by 2030.
- Environmental Stewardship: India has achieved 2.29 bn tonnes of carbon sequestration out of the 2030 target of 30.43 bn tonnes.
- Furniture Segment: The Indian furniture market is valued at USD 25.75 bn in 2025 and is expected to reach USD 37.18 bn by 2030, driven by innovation and sustainability.
How to invest in Wood Stocks?
Here is how you can invest in the best wood stocks:
- Open a demat/trading/stockbroker account. You can open a demat account with smallcase!
- Conduct thorough research into the top wood stocks in India using Tickertape Stocks Screener. The screener offers over 200 built-in filters, allowing investors to select parameters and generate a list of wood stocks.
- Place a ‘Buy’ Order on the top wood stocks that align with your investment thesis.
Benefits Of Investing in Wood Stocks
- Growth Potential: The expansion of real-estate markets, infrastructure development, and rising incomes may drive sustained demand. This may create long-term revenue opportunities.
- Portfolio Diversification: Wood stocks offer exposure to the construction, furniture, and housing sectors. It may provide investment diversification benefits and reduced market correlation.
- Sustainable Investment Appeal: Companies that emphasise environmental responsibility attract ESG-focused investors, meeting both regulatory and consumer preference requirements.
Risks Of Investing In Wood Stocks
- Economic Cycles: A slowdown in construction and real estate may reduce wood demand. It may cause cyclical fluctuations in revenue and earnings.
- Environmental Risks: Natural disasters like fires, storms, pandemics, and climate change can damage wood resources and break the supply chain.
- Regulatory Uncertainty: Changes in environmental regulations, logging restrictions and import policies can create operational challenges and increase compliance costs for companies.
- Market Competition: Competition from organised and unorganised players may impact pricing. This may impact the stock and profitability in fragmented segments.
Factors To Consider When Investing In Wood Product Stocks in India
- Raw Material: Wood supply constraints, import dependencies and logging regulations influence production costs and the viability of companies.
- Financial Health: The evaluation includes considering key profitability metrics, such as gross margin and net profit margin, as well as the debt-to-equity ratio, operating cash flow, and current ratio, to ensure sustainable business management.
- Government Policy: Import export regulations, environmental compliance, forest policies and tax changes impact industry operations and growth.
- Market Competition: The unorganised players, brand positioning, and distribution networks may affect market share and long-term profitability.
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To Wrap It Up…
Wood stocks contribute about 1.3% to India’s GDP through construction and manufacturing, creating jobs and supporting local economies. They align with the growing demand for sustainable materials. However, their performance depends on housing trends and economic conditions. Investors should research carefully based on their investment objectives and risk tolerance.
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Frequently Asked Questions About Wood Stocks
1. What are top wood stocks in India?
The following are 5 notable wood stocks in India as per the market capitalisation as of 31st July, 2025:
- Century Plyboards (India) Ltd
- Greenply Industries Ltd
- Greenpanel Industries Ltd
- Shri Venkatesh Refineries Ltd
- Indian Wood Products Co Ltd
Disclaimer: The stocks listed above are for informational purposes only. Wood stocks are dynamic, so conduct your own research before investing.
2. Is it good to invest in wood stocks?
Wood stocks could experience growth based on trends such as increasing demand for sustainable materials, the resurgence of the housing market, and global construction trends focused on renewable resources and eco-friendly alternatives. However, like any stock, wood stocks are also susceptible to market risks. You can do your analysis with Tickertape Stock Screener for the best timber stock.
3. Do wood companies pay dividends?
Some established wood companies like Century Plyboards and Greenply Industries have a history of paying dividends. However, their dividend payments have been somewhat volatile and have declined over the past decade. Past dividends do not guarantee future payouts, as dividend continuity depends on factors like earnings stability, cash flows, debt levels, and market conditions.
4. Which is the largest wood products sector company by market cap?
Century Plyboards is the largest wood products sector company by market capitalisation of ₹17,550.56 cr as of 6th June, 2025. The company is a leading manufacturer of plywood, laminates, and other wood-based products, with a strong presence in the industry.
5. How can I track the performance of wood companies’ stock in India?
The performance of wood product stocks or the best lumber stocks in India can be tracked using platforms like Tickertape Stock Screener and utilising the 200+ filters available.
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