Dhabriya Polywood Ltd
Incorporated in 1995, Dhabriya Polywood Ltd manufactures and sells Plastic products and Modular Furniture[1]
- Market Cap ₹ 412 Cr.
- Current Price ₹ 380
- High / Low ₹ 490 / 280
- Stock P/E 38.3
- Book Value ₹ 57.0
- Dividend Yield 0.19 %
- ROCE 14.5 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 34.8% CAGR over last 5 years
Cons
- Stock is trading at 6.71 times its book value
- Company has a low return on equity of 11.2% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.47%
* 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.
Peer comparison
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 64 | 65 | 62 | 72 | 78 | 74 | 60 | 55 | 74 | 88 | 113 | 130 | 139 | |
| 56 | 56 | 52 | 61 | 66 | 64 | 52 | 49 | 67 | 78 | 98 | 111 | 115 | |
| Operating Profit | 7 | 9 | 10 | 12 | 12 | 10 | 8 | 6 | 7 | 10 | 15 | 19 | 24 |
| OPM % | 11% | 14% | 16% | 16% | 16% | 14% | 14% | 12% | 9% | 11% | 13% | 15% | 17% |
| 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 2 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 5 |
| Depreciation | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | 5 | 6 |
| Profit before tax | 4 | 4 | 5 | 6 | 6 | 4 | 2 | 1 | 1 | 4 | 7 | 10 | 14 |
| Tax % | 34% | 35% | 35% | 35% | 33% | 30% | 33% | 40% | 22% | 24% | 26% | 25% | |
| 2 | 3 | 3 | 4 | 4 | 3 | 1 | 1 | 1 | 3 | 5 | 8 | 11 | |
| EPS in Rs | 6.50 | 2.71 | 3.17 | 3.53 | 3.71 | 2.69 | 1.34 | 0.56 | 0.92 | 2.82 | 4.63 | 7.07 | 9.94 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 18% | 11% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 17% |
| 3 Years: | 21% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 35% |
| 3 Years: | 97% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 60% |
| 3 Years: | 40% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 8% |
| 3 Years: | 11% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 8 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 10 | 11 | 12 | 17 | 24 | 27 | 28 | 29 | 30 | 33 | 38 | 45 | 51 |
| 27 | 26 | 34 | 37 | 36 | 36 | 34 | 42 | 45 | 51 | 50 | 51 | 47 | |
| 10 | 14 | 10 | 15 | 14 | 15 | 15 | 10 | 12 | 13 | 19 | 26 | 36 | |
| Total Liabilities | 49 | 60 | 66 | 79 | 85 | 89 | 89 | 92 | 99 | 108 | 118 | 132 | 145 |
| 21 | 23 | 31 | 35 | 35 | 37 | 34 | 34 | 36 | 46 | 52 | 56 | 60 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 7 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 26 | 34 | 33 | 42 | 45 | 47 | 47 | 47 | 52 | 57 | 60 | 72 | 80 | |
| Total Assets | 49 | 60 | 66 | 79 | 85 | 89 | 89 | 92 | 99 | 108 | 118 | 132 | 145 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 5 | 5 | 7 | 7 | 9 | 8 | 0 | 6 | 4 | 16 | 12 | |
| -10 | -4 | -10 | -6 | -3 | -4 | -4 | -5 | -4 | -6 | -11 | -8 | |
| 8 | 0 | 4 | -1 | -4 | -4 | -5 | 5 | -0 | 2 | -6 | -5 | |
| Net Cash Flow | 0 | 0 | -0 | 1 | -0 | 0 | -0 | -0 | 1 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 71 | 93 | 99 | 104 | 92 | 87 | 100 | 99 | 71 | 65 | 60 | 61 |
| Inventory Days | 85 | 127 | 132 | 138 | 175 | 194 | 249 | 314 | 245 | 243 | 201 | 225 |
| Days Payable | 29 | 53 | 30 | 56 | 56 | 78 | 88 | 49 | 53 | 45 | 48 | 38 |
| Cash Conversion Cycle | 127 | 168 | 201 | 186 | 212 | 204 | 262 | 364 | 262 | 263 | 213 | 248 |
| Working Capital Days | -3 | 13 | 29 | 29 | 38 | 47 | 57 | 92 | 57 | 68 | 44 | 52 |
| ROCE % | 19% | 17% | 15% | 15% | 14% | 11% | 8% | 6% | 6% | 8% | 12% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Nov - The officials of our Company, Dhabriya Polywood Limited ('Company') will be interacting in SAMRUDHI 2025- VIRTUAL SME CONCLAVE organised by Hem Securities Ltd. on Thursday, …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Nov - Analyst/institutional one-on-one meetings on 01-Dec-2025; investor presentation uploaded.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
18 Nov - Earning Call Transcript of Analyst Meeting is attached.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Nov - Earnings call audio for Q2/H1 FY26 (ended 30 Sep 2025) uploaded on company website on 12 Nov 2025.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Nov
Annual reports
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Financial Year 2025
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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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Concalls
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Nov 2025Transcript PPT REC
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Jul 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Mar 2024TranscriptAI SummaryPPT
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Nov 2023Transcript PPT
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Aug 2023TranscriptAI SummaryPPT
Business Overview:[1][2]
DPL is a manufacturer & suppliers of Extruded uPVC/PVC (Unplasticized/Rigid Poly Vinyl Chloride) Profiles under brand Polywood, Sheets, Moldings & uPVC Windows & Doors etc. with various designs to suit the complete fabrication requirement of Doors, Windows, Partitions, False Ceilings, Wall Panelling, Pelmet, Kitchen Cabinets & other interior applications. Company has also launched for the first time in India some exquisite products like PVC Fluted Panels, PVC Folding Doors, PVC Designer Doors, PVC Fencing, System Aluminium Windows & Doors, SPC Flooring, PVC foam board, Wood Plastic Composite Panels.