Dhabriya Polywood Ltd

Dhabriya Polywood Ltd

₹ 287 -0.07%
26 Apr - close price
About

Dhabriya Polywood Limited is engaged in the manufacturing of PVC and UPVC based products for a wide range of building interior and exterior applications. [1]

Key Points

Product Portfolio
Company's product portfolio comprises SPC Flooring, uPVC Windows & Doors, Aluminium Windows & Doors, PVC Doors, PVC Wall Panels & False Ceilings, Wall & Ceiling Fluted Panels, PVC Foam Board, PVC Furniture, and PVC Fencing. [1] The company has 7 registered Trademarks and 15 design patents in its name.[2]

  • Market Cap 310 Cr.
  • Current Price 287
  • High / Low 428 / 143
  • Stock P/E 65.2
  • Book Value 42.5
  • Dividend Yield 0.17 %
  • ROCE 8.22 %
  • ROE 7.18 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 6.74 times its book value
  • The company has delivered a poor sales growth of 2.38% over past five years.
  • Company has a low return on equity of 3.81% 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

Sector: Plastic products Industry: Plastics Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
16.48 17.65 9.77 21.91 18.66 23.20 17.44 21.80 21.71 26.64 23.36 31.53 27.43
13.77 15.56 9.34 19.89 16.67 20.86 15.73 19.61 19.31 23.28 20.18 27.99 23.78
Operating Profit 2.71 2.09 0.43 2.02 1.99 2.34 1.71 2.19 2.40 3.36 3.18 3.54 3.65
OPM % 16.44% 11.84% 4.40% 9.22% 10.66% 10.09% 9.81% 10.05% 11.05% 12.61% 13.61% 11.23% 13.31%
0.12 0.07 0.04 0.02 0.05 0.06 0.05 0.04 0.01 0.08 0.03 0.11 0.56
Interest 0.99 0.65 0.88 0.90 0.84 0.74 0.79 0.88 0.85 0.95 1.20 1.16 1.13
Depreciation 0.65 0.58 0.56 0.57 0.59 0.60 0.54 0.57 0.57 0.70 0.85 1.03 1.19
Profit before tax 1.19 0.93 -0.97 0.57 0.61 1.06 0.43 0.78 0.99 1.79 1.16 1.46 1.89
Tax % 4.20% 31.18% 2.06% 0.00% 0.00% 28.30% 34.88% 6.41% 22.22% 29.61% 20.69% 27.40% 20.11%
1.14 0.64 -0.94 0.56 0.62 0.76 0.28 0.73 0.76 1.27 0.93 1.06 1.50
EPS in Rs 1.05 0.59 -0.87 0.52 0.57 0.70 0.26 0.67 0.70 1.17 0.86 0.98 1.39
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
51 62 64 65 62 72 78 74 60 55 74 88 109
45 56 56 56 52 61 66 64 52 49 67 78 95
Operating Profit 6 6 7 9 10 12 12 10 8 6 7 10 14
OPM % 11% 10% 11% 14% 16% 16% 16% 14% 14% 12% 9% 11% 13%
0 0 0 0 0 0 0 0 -0 0 0 0 1
Interest 2 2 2 3 3 4 4 4 3 3 3 3 4
Depreciation 1 1 1 2 2 3 3 3 3 2 2 2 4
Profit before tax 3 3 4 4 5 6 6 4 2 1 1 4 6
Tax % 32% 33% 34% 35% 35% 35% 33% 30% 33% 40% 22% 24%
2 2 2 3 3 4 4 3 1 1 1 3 5
EPS in Rs 8.38 9.24 6.50 2.71 3.17 3.53 3.71 2.69 1.34 0.56 0.92 2.82 4.40
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 177%
Compounded Sales Growth
10 Years: 4%
5 Years: 2%
3 Years: 14%
TTM: 29%
Compounded Profit Growth
10 Years: 5%
5 Years: -5%
3 Years: 21%
TTM: 88%
Stock Price CAGR
10 Years: %
5 Years: 36%
3 Years: 80%
1 Year: 72%
Return on Equity
10 Years: 8%
5 Years: 5%
3 Years: 4%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2 2 3 8 10 11 11 11 11 11 11 11 11
Reserves 5 7 10 11 12 17 24 27 28 29 30 33 35
17 18 27 26 34 37 36 36 34 42 45 51 49
12 11 10 14 10 15 14 15 15 10 12 13 14
Total Liabilities 36 38 49 60 66 79 85 89 89 92 99 108 109
12 12 21 23 31 35 35 37 34 34 36 46 45
CWIP 0 0 0 0 0 0 0 0 3 6 7 0 0
Investments 1 2 2 2 2 2 5 5 5 5 5 5 5
24 24 26 34 33 42 45 47 47 47 52 57 58
Total Assets 36 38 49 60 66 79 85 89 89 92 99 108 109

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 5 2 5 5 7 7 9 8 0 6 4
-5 -3 -10 -4 -10 -6 -3 -4 -4 -5 -4 -6
4 -2 8 0 4 -1 -4 -4 -5 5 -0 2
Net Cash Flow 0 -0 0 0 -0 1 -0 0 -0 -0 1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 72 59 71 93 99 104 92 87 100 99 71 65
Inventory Days 137 97 85 127 132 138 175 194 249 314 245 243
Days Payable 53 35 29 53 30 56 56 78 88 49 53 45
Cash Conversion Cycle 157 121 127 168 201 186 212 204 262 364 262 263
Working Capital Days 75 69 73 88 108 112 130 149 178 224 190 181
ROCE % 23% 21% 19% 17% 15% 15% 14% 11% 8% 6% 6% 8%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.22% 74.22% 74.22% 74.22% 74.22% 74.22% 74.22% 74.22% 74.22% 67.75% 67.75% 67.75%
0.00% 0.00% 0.00% 0.00% 0.13% 1.40% 1.40% 1.53% 1.53% 0.00% 0.00% 0.05%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.53% 0.63% 0.63%
25.78% 25.78% 25.78% 25.78% 25.65% 24.37% 24.38% 24.25% 24.25% 31.71% 31.62% 31.57%
No. of Shareholders 9831,1131,0981,1761,1981,3191,4301,4591,5782,7134,2354,733

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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