Dhabriya Polywood Ltd
Incorporated in 1995, Dhabriya Polywood Ltd manufactures and sells Plastic products and Modular Furniture[1]
- Market Cap ₹ 364 Cr.
- Current Price ₹ 336
- High / Low ₹ 520 / 261
- Stock P/E 21.8
- Book Value ₹ 84.2
- Dividend Yield 0.15 %
- ROCE 18.9 %
- ROE 18.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 20.4% CAGR over last 5 years
- Company's working capital requirements have reduced from 127 days to 94.4 days
Cons
- Stock is trading at 3.98 times its book value
- Company has a low return on equity of 14.0% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
62 | 67 | 72 | 69 | 94 | 131 | 121 | 112 | 106 | 134 | 171 | 211 | 226 | |
56 | 59 | 62 | 58 | 80 | 113 | 105 | 97 | 93 | 120 | 153 | 180 | 190 | |
Operating Profit | 6 | 8 | 10 | 11 | 15 | 18 | 16 | 15 | 13 | 14 | 18 | 31 | 36 |
OPM % | 10% | 12% | 14% | 15% | 15% | 14% | 13% | 13% | 13% | 10% | 11% | 15% | 16% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | |
Interest | 2 | 2 | 3 | 3 | 4 | 5 | 5 | 5 | 4 | 4 | 4 | 5 | 5 |
Depreciation | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 4 | 3 | 3 | 4 | 7 | 8 |
Profit before tax | 3 | 4 | 5 | 6 | 8 | 10 | 8 | 6 | 6 | 7 | 11 | 20 | 23 |
Tax % | 33% | 34% | 34% | 34% | 34% | 30% | 29% | 29% | 28% | 25% | 22% | 28% | |
2 | 3 | 3 | 4 | 5 | 7 | 6 | 4 | 4 | 5 | 8 | 14 | 17 | |
EPS in Rs | 9.29 | 7.50 | 3.30 | 3.52 | 4.68 | 6.33 | 5.14 | 4.07 | 4.13 | 4.70 | 7.84 | 13.01 | 15.44 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 26% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 20% |
3 Years: | 47% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 64% |
3 Years: | 56% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 14% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 3 | 8 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 7 | 11 | 12 | 13 | 20 | 30 | 35 | 40 | 44 | 49 | 58 | 71 | 80 |
18 | 27 | 26 | 34 | 41 | 44 | 47 | 44 | 49 | 54 | 57 | 53 | 49 | |
12 | 13 | 17 | 14 | 20 | 22 | 21 | 20 | 14 | 16 | 19 | 29 | 35 | |
Total Liabilities | 39 | 53 | 64 | 71 | 92 | 107 | 115 | 115 | 117 | 130 | 145 | 165 | 176 |
12 | 21 | 23 | 31 | 39 | 42 | 44 | 42 | 43 | 45 | 63 | 71 | 80 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 7 | 8 | 0 | 5 | 0 |
Investments | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
25 | 30 | 38 | 38 | 53 | 64 | 71 | 70 | 68 | 76 | 83 | 88 | 95 | |
Total Assets | 39 | 53 | 64 | 71 | 92 | 107 | 115 | 115 | 117 | 130 | 145 | 165 | 176 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 2 | 5 | 5 | 7 | 10 | 8 | 12 | 8 | 10 | 14 | 32 | |
-3 | -10 | -4 | -10 | -7 | -5 | -5 | -4 | -8 | -7 | -13 | -20 | |
-2 | 8 | 0 | 4 | 0 | -6 | -2 | -8 | 0 | -1 | -1 | -10 | |
Net Cash Flow | 0 | 0 | 1 | -0 | 1 | -1 | 1 | -0 | -0 | 2 | 1 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 76 | 92 | 104 | 91 | 70 | 80 | 92 | 82 | 61 | 46 | 41 |
Inventory Days | 102 | 97 | 144 | 140 | 159 | 157 | 180 | 179 | 217 | 192 | 168 | 155 |
Days Payable | 37 | 32 | 54 | 30 | 60 | 49 | 59 | 52 | 29 | 32 | 29 | 39 |
Cash Conversion Cycle | 126 | 141 | 182 | 213 | 190 | 178 | 201 | 220 | 270 | 221 | 185 | 158 |
Working Capital Days | 69 | 69 | 83 | 102 | 104 | 107 | 138 | 150 | 166 | 159 | 128 | 94 |
ROCE % | 20% | 19% | 16% | 18% | 19% | 14% | 12% | 11% | 10% | 12% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - The Company officials will be participating in the Q4 FY25 Earnings conference call to discuss operational & financial performance of the Company on May 26, …
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Board Meeting Intimation for Meeting Of The Board Of The Company Is Scheduled To Be Held On Friday, 23Rd Day Of May 2025.
16 May - Board meeting on May 23, 2025, to approve FY25 results, dividend, auditor appointments, and policy updates.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
15 Apr - Subsidiary wins ₹4.54 crore order from DLF Group for modular furniture supply and installation.
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Confirmation Of Non-Applicability Of Large Corporate Entity Criteria For The FY Ended 31St March, 2025.
11 Apr - Company confirms it does not fall under Large Corporates.
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Announcement under Regulation 30 (LODR)-Credit Rating
10 Apr - CRISIL reaffirms credit rating at BBB/Stable.
Annual reports
Concalls
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Feb 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Mar 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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.