Dhabriya Polywood Ltd
Incorporated in 1995, Dhabriya Polywood Ltd manufactures and sells Plastic products and Modular Furniture[1]
- Market Cap ₹ 384 Cr.
- Current Price ₹ 355
- High / Low ₹ 490 / 280
- Stock P/E 27.0
- Book Value ₹ 64.0
- Dividend Yield 0.20 %
- ROCE 18.0 %
- ROE 22.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 87.7% CAGR over last 5 years
Cons
- Stock is trading at 5.55 times its book value
- Company might be capitalizing the interest cost
- 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 65 | 62 | 72 | 78 | 74 | 60 | 55 | 74 | 88 | 113 | 130 | 148 | |
| 56 | 52 | 61 | 66 | 64 | 52 | 49 | 67 | 78 | 98 | 111 | 120 | |
| Operating Profit | 9 | 10 | 12 | 12 | 10 | 8 | 6 | 7 | 10 | 15 | 19 | 28 |
| OPM % | 14% | 16% | 16% | 16% | 14% | 14% | 12% | 9% | 11% | 13% | 15% | 19% |
| 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 4 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | 5 | 6 |
| Profit before tax | 4 | 5 | 6 | 6 | 4 | 2 | 1 | 1 | 4 | 7 | 10 | 19 |
| Tax % | 35% | 35% | 35% | 33% | 30% | 33% | 40% | 22% | 24% | 26% | 25% | 24% |
| 3 | 3 | 4 | 4 | 3 | 1 | 1 | 1 | 3 | 5 | 8 | 14 | |
| EPS in Rs | 2.71 | 3.17 | 3.53 | 3.71 | 2.69 | 1.34 | 0.56 | 0.92 | 2.82 | 4.63 | 7.07 | 13.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 18% | 11% | 10% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 22% |
| 3 Years: | 19% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 88% |
| 3 Years: | 67% |
| TTM: | 86% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 39% |
| 3 Years: | 32% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 13% |
| 3 Years: | 17% |
| Last Year: | 23% |
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 | 8 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 11 | 12 | 17 | 24 | 27 | 28 | 29 | 30 | 33 | 38 | 45 | 58 |
| 26 | 34 | 37 | 36 | 36 | 34 | 42 | 45 | 51 | 50 | 51 | 80 | |
| 14 | 10 | 15 | 14 | 15 | 15 | 10 | 12 | 13 | 19 | 26 | 15 | |
| Total Liabilities | 60 | 66 | 79 | 85 | 89 | 89 | 92 | 99 | 108 | 118 | 132 | 164 |
| 23 | 31 | 35 | 35 | 37 | 34 | 34 | 36 | 46 | 52 | 56 | 65 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 6 | 7 | 0 | 0 | 0 | 6 |
| Investments | 2 | 2 | 2 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| 34 | 33 | 42 | 45 | 47 | 47 | 47 | 52 | 57 | 60 | 72 | 88 | |
| Total Assets | 60 | 66 | 79 | 85 | 89 | 89 | 92 | 99 | 108 | 118 | 132 | 164 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 5 | 7 | 7 | 9 | 8 | 0 | 6 | 4 | 16 | 12 | ||
| -4 | -10 | -6 | -3 | -4 | -4 | -5 | -4 | -6 | -11 | -8 | ||
| 0 | 4 | -1 | -4 | -4 | -5 | 5 | -0 | 2 | -6 | -5 | ||
| Net Cash Flow | 0 | -0 | 1 | -0 | 0 | -0 | -0 | 1 | 0 | -0 | 0 | |
| Free Cash Flow | 0 | -6 | 1 | 4 | 4 | 5 | -5 | 1 | -2 | 5 | 4 | |
| CFO/OP | 59% | 56% | 65% | 61% | 98% | 109% | 10% | 90% | 49% | 114% | 71% |
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 | 93 | 99 | 104 | 92 | 87 | 100 | 99 | 71 | 65 | 60 | 61 | 57 |
| Inventory Days | 127 | 132 | 138 | 175 | 194 | 249 | 314 | 245 | 243 | 201 | 225 | 276 |
| Days Payable | 53 | 30 | 56 | 56 | 78 | 88 | 49 | 53 | 45 | 48 | 38 | 1 |
| Cash Conversion Cycle | 168 | 201 | 186 | 212 | 204 | 262 | 364 | 262 | 263 | 213 | 248 | 332 |
| Working Capital Days | 13 | 29 | 29 | 38 | 47 | 57 | 92 | 57 | 68 | 44 | 52 | 73 |
| ROCE % | 17% | 15% | 15% | 14% | 11% | 8% | 6% | 6% | 8% | 12% | 14% | 18% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Segment Revenue - Modular Furniture (Dynasty) INR Lakhs |
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| Segment Revenue - PVC Profiles (Polywood) INR Lakhs |
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| Number of Dealers/Distributors Number |
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| Installed Capacity - PVC Profile Extrusion Metric Tons Per Annum |
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| Installed Capacity - uPVC Windows & Doors Fabrication Lakh Square Feet Per Annum |
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| Unexecuted Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - Earning Call Transcript of Analyst Meeting is attached.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Annual Secretarial Compliance Report for year ended March 31, 2026; compliance largely confirmed, ESOP not operationalized.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
28 May - Received domestic work order for aluminum doors and windows worth ₹15.17 crore, to be executed over 18 months.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 May - Audio recording of Q4 and FY2026 earnings call uploaded on 27 May 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 27 May
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
Concalls
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May 2026Transcript PPT REC
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Feb 2026TranscriptAI SummaryPPT
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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.