Durlax Top Surface Ltd
Established in 2010, Durlax Top Surface Limited manufactures solid surface materials.[1]
- Market Cap ₹ 159 Cr.
- Current Price ₹ 55.0
- High / Low ₹ 64.4 / 28.1
- Stock P/E 12.6
- Book Value ₹ 40.3
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 76.7% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -9.12%
* 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
Consumer Discretionary Consumer Durables Consumer Durables Furniture, Home Furnishing
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 30 | 20 | 47 | 67 | 91 | 123 | 185 | |
| 26 | 15 | 41 | 59 | 80 | 109 | 162 | |
| Operating Profit | 5 | 5 | 7 | 8 | 11 | 14 | 22 |
| OPM % | 15% | 24% | 14% | 12% | 12% | 11% | 12% |
| 0 | 0 | 0 | 0 | -1 | 2 | 2 | |
| Interest | 3 | 3 | 3 | 3 | 4 | 4 | 5 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -1 | 0 | 1 | 3 | 4 | 10 | 18 |
| Tax % | 83% | 1,125% | 35% | 9% | 3% | 25% | 28% |
| -1 | -1 | 1 | 3 | 4 | 8 | 13 | |
| EPS in Rs | -36.00 | -27.67 | 27.00 | 1.22 | 1.85 | 2.60 | 4.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 40% |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 77% |
| 3 Years: | 69% |
| TTM: | 69% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 17% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.15 | 0.15 | 0.15 | 12 | 12 | 17 | 29 |
| Reserves | 12 | 11 | 12 | 4 | 9 | 41 | 88 |
| 32 | 37 | 39 | 37 | 61 | 46 | 40 | |
| 13 | 9 | 20 | 24 | 23 | 11 | 18 | |
| Total Liabilities | 58 | 58 | 72 | 78 | 106 | 115 | 175 |
| 26 | 24 | 22 | 20 | 20 | 18 | 29 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 31 | 33 | 50 | 57 | 85 | 96 | 146 | |
| Total Assets | 58 | 58 | 72 | 78 | 106 | 115 | 175 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -3 | 2 | 4 | -17 | -7 | -12 | ||
| -0 | -0 | -0 | -4 | -4 | -13 | ||
| 3 | -1 | -4 | 21 | 10 | 40 | ||
| Net Cash Flow | 0 | 0 | -0 | 0 | 0 | 14 | |
| Free Cash Flow | -3 | 2 | 4 | -20 | -7 | -25 | |
| CFO/OP | -63% | 23% | 52% | -150% | -38% | -44% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 95 | 125 | 87 | 121 | 104 | 127 |
| Inventory Days | 277 | 759 | 300 | 266 | 253 | 186 | 105 |
| Days Payable | 215 | 196 | 178 | 144 | 110 | 31 | 23 |
| Cash Conversion Cycle | 137 | 658 | 247 | 209 | 264 | 260 | 209 |
| Working Capital Days | -2 | 241 | 70 | 73 | 81 | 122 | 146 |
| ROCE % | 6% | 9% | 12% | 13% | 15% | 17% |
Insights
In beta| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
5 June 2026 - Shravan Suthar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Disclosure under SEBI Takeover Regulations
2 June 2026 - Lalit L. Suthar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Updates
26 May 2026 - Board approved FY26 audited standalone results; rights issue proceeds utilised ₹39.71 crore, no deviation.
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Copy of Newspaper Publication
24 May 2026 - Audited Q4, H2 and FY26 results published; rights issue of ₹49.22 crore fully allotted and listed.
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Outcome of Board Meeting
21 May 2026 - Board approved audited FY26 results, unmodified auditor opinion, and confirmed rights issue proceeds utilization with no deviation.
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.