Duroply Industries Ltd
Incorporated in 1957, Duroply Industries Ltd
is in the business of Plywood manufacturing[1]
- Market Cap ₹ 128 Cr.
- Current Price ₹ 118
- High / Low ₹ 250 / 116
- Stock P/E 42.0
- Book Value ₹ 140
- Dividend Yield 0.00 %
- ROCE 7.81 %
- ROE 2.14 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.84 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.85% over last 3 years.
- Promoter holding has decreased over last 3 years: -7.85%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 203 | 182 | 207 | 218 | 228 | 207 | 181 | 191 | 302 | 323 | 372 | 403 | |
| 197 | 182 | 205 | 214 | 218 | 201 | 182 | 186 | 286 | 311 | 355 | 382 | |
| Operating Profit | 7 | 0 | 3 | 4 | 10 | 6 | -1 | 5 | 16 | 12 | 17 | 21 |
| OPM % | 3% | 0% | 1% | 2% | 4% | 3% | -1% | 3% | 5% | 4% | 5% | 5% |
| 0 | 0 | 4 | 1 | 1 | 2 | 10 | 2 | 2 | 1 | 2 | 1 | |
| Interest | 7 | 7 | 7 | 7 | 7 | 8 | 10 | 9 | 7 | 8 | 7 | 9 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 5 | 6 |
| Profit before tax | -2 | -8 | -2 | -5 | 1 | -2 | -5 | -5 | 8 | 1 | 7 | 7 |
| Tax % | -70% | -32% | 0% | 1% | 22% | 76% | -49% | 40% | 34% | 0% | -13% | 58% |
| -0 | -6 | -2 | -5 | 1 | -4 | -2 | -6 | 5 | 1 | 8 | 3 | |
| EPS in Rs | -1.08 | -12.71 | -4.16 | -10.51 | 1.52 | -6.32 | -3.79 | -9.77 | 6.73 | 1.02 | 7.88 | 2.71 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 17% |
| 3 Years: | 10% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 18% |
| 3 Years: | -15% |
| TTM: | -55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 2% |
| 3 Years: | -15% |
| 1 Year: | -51% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 2% |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 10 | 10 | 11 |
| Reserves | 15 | 9 | 44 | 73 | 71 | 66 | 64 | 57 | 81 | 117 | 124 | 141 |
| 45 | 52 | 56 | 53 | 49 | 55 | 68 | 59 | 46 | 48 | 60 | 73 | |
| 54 | 49 | 61 | 68 | 80 | 87 | 71 | 82 | 90 | 86 | 99 | 76 | |
| Total Liabilities | 119 | 115 | 165 | 199 | 206 | 214 | 209 | 205 | 225 | 260 | 293 | 302 |
| 14 | 14 | 16 | 103 | 101 | 104 | 98 | 102 | 102 | 103 | 108 | 125 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
| Investments | 8 | 8 | 44 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 1 | 2 |
| 97 | 93 | 105 | 96 | 105 | 110 | 110 | 102 | 122 | 148 | 180 | 174 | |
| Total Assets | 119 | 115 | 165 | 199 | 206 | 214 | 209 | 205 | 225 | 260 | 293 | 302 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 0 | 1 | 9 | 14 | 6 | -5 | 24 | 2 | -17 | -3 | 2 | |
| -1 | -1 | 1 | -2 | -3 | -2 | 4 | -2 | -2 | -10 | 1 | -17 | |
| -12 | 0 | -3 | -7 | -12 | -2 | -1 | -22 | -0 | 27 | 1 | 15 | |
| Net Cash Flow | -1 | -1 | -0 | -0 | 0 | 1 | -1 | 0 | -0 | 1 | -1 | 0 |
| Free Cash Flow | 11 | -1 | 2 | 7 | 14 | 3 | -0 | 21 | 0 | -18 | -10 | -14 |
| CFO/OP | 180% | 256% | 49% | 225% | 145% | 90% | 395% | 496% | 16% | -140% | -15% | 9% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 43 | 35 | 36 | 38 | 37 | 36 | 38 | 35 | 39 | 47 | 42 |
| Inventory Days | 142 | 173 | 190 | 173 | 179 | 224 | 197 | 195 | 134 | 149 | 165 | 145 |
| Days Payable | 141 | 144 | 153 | 150 | 178 | 210 | 169 | 175 | 119 | 109 | 117 | 72 |
| Cash Conversion Cycle | 55 | 72 | 72 | 59 | 39 | 50 | 64 | 59 | 49 | 79 | 94 | 115 |
| Working Capital Days | -17 | -26 | -29 | -34 | -27 | -41 | -47 | -49 | -2 | 35 | 36 | 42 |
| ROCE % | 8% | -2% | 2% | 2% | 7% | 3% | -2% | 3% | 11% | 6% | 7% | 8% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Contract Manufacturing Revenue Rs. Crore |
|
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| In-house Manufacturing Revenue Rs. Crore |
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| Plywood Volume Sold Million Sq. m. |
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| Duro Brand Revenue Growth (YoY) % |
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| Plant Capacity Utilization % |
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| Carpenters & Contractors Network Count |
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| Duro Retailers Count |
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| Tower Brand Revenue Growth (YoY) % |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026.
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Closure of Trading Window
25 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
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Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
10 Jun - CFO Vijay Kumar Yadav resigned effective close of business on 10 June 2026.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
27 May - Transcript of the Earnings Webinar held on Monday, 25th May, 2026 post declaration of Audited Financial Results for the quarter and financial year ended 31st …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
25 May - Audio recording of earnings webinar for audited Q4 and FY26 results made available on May 25, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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May 2026Transcript PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023TranscriptAI SummaryPPT
Business Overview:[1][2]
DIL used to be in the business of Tea Chest manufacturing. It had 2 segments of operations viz. processing of tea and manufacturing of plywood, of which it hived off its tea business via slump sale to focus on its plywood business. Currently, it delivers plywood and allied products to diverse residential, commercial and institutional clients in India from over 20 offices