Durlax Top Surface Ltd
₹ 39.6
1.54%
03 Oct
- close price
About
Established in 2010, Durlax Top Surface Limited manufactures solid surface materials.[1]
Key Points
- Market Cap ₹ 65.8 Cr.
- Current Price ₹ 39.6
- High / Low ₹ 65.0 / 33.1
- Stock P/E 8.78
- Book Value ₹ 34.7
- Dividend Yield 0.00 %
- ROCE 14.8 %
- ROE 18.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.14 times its book value
- Company has delivered good profit growth of 55.0% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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.
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
30 | 20 | 47 | 67 | 91 | 123 | |
26 | 15 | 41 | 59 | 80 | 109 | |
Operating Profit | 5 | 5 | 7 | 8 | 11 | 14 |
OPM % | 15% | 24% | 14% | 12% | 12% | 11% |
0 | 0 | 0 | 0 | -1 | 2 | |
Interest | 3 | 3 | 3 | 3 | 4 | 4 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | -1 | 0 | 1 | 3 | 4 | 10 |
Tax % | 83% | 1,125% | 35% | 9% | 3% | 25% |
-1 | -1 | 1 | 3 | 4 | 8 | |
EPS in Rs | -72.10 | -55.41 | 54.07 | 2.12 | 3.21 | 4.51 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 37% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 55% |
3 Years: | 110% |
TTM: | 52% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 21% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 0.15 | 0.15 | 0.15 | 12 | 12 | 17 |
Reserves | 12 | 11 | 12 | 4 | 9 | 41 |
32 | 37 | 39 | 37 | 61 | 46 | |
13 | 9 | 20 | 24 | 23 | 11 | |
Total Liabilities | 58 | 58 | 72 | 78 | 106 | 115 |
26 | 24 | 22 | 20 | 20 | 18 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 0 | 0 | 0 | 0 | 0 |
31 | 33 | 50 | 57 | 85 | 96 | |
Total Assets | 58 | 58 | 72 | 78 | 106 | 115 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
-3 | 2 | 4 | -17 | -7 | ||
-0 | -0 | -0 | -4 | -4 | ||
3 | -1 | -4 | 21 | 10 | ||
Net Cash Flow | 0 | 0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 75 | 95 | 125 | 87 | 121 | 104 |
Inventory Days | 277 | 759 | 300 | 266 | 253 | 186 |
Days Payable | 215 | 196 | 178 | 144 | 110 | 31 |
Cash Conversion Cycle | 137 | 658 | 247 | 209 | 264 | 260 |
Working Capital Days | -2 | 241 | 70 | 73 | 81 | 122 |
ROCE % | 6% | 9% | 12% | 13% | 15% |
Documents
Announcements
-
Trading Window
30 September 2025 - Trading window closed from 1 Oct 2025 until 48 hours after H1 results (ended 30 Sep 2025).
-
Shareholders meeting
26 September 2025 - AGM 25-09-2025: nine resolutions passed; audited FY ended Mar 31, 2025 adopted; remuneration limits increased; charge created.
-
Shareholders meeting
25 September 2025 - AGM on Sept 25, 2025; financials adopted; reappointment; remuneration increases; borrowing, charge, loans resolutions proposed.
-
Copy of Newspaper Publication
3 September 2025 - 15th AGM on 25 Sept 2025 12:30 PM; e-voting Sept 22–24; record date Sept 18.
-
Shareholders meeting
2 September 2025 - 15th AGM on 25 Sep 2025; remote e-voting 22–24 Sep; cut-off 18 Sep; register closed 19–25 Sep.
Business Profile[1] The company has two brands, namely LUXOR and ASPIRON. The LUXOR brand offers acrylic UV solid sheets while ASPIRON offers modified solid sheets. Both brands offer seamless designs, antibacterial and fire-retardant properties.