Durlax Top Surface Ltd
Established in 2010, Durlax Top Surface Limited manufactures solid surface materials.[1]
- Market Cap ₹ 184 Cr.
- Current Price ₹ 63.6
- High / Low ₹ 72.0 / 28.1
- Stock P/E 12.8
- Book Value ₹ 40.3
- Dividend Yield 0.00 %
- ROCE 17.2 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 77.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Quarterly 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: | 70% |
| TTM: | 71% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 79% |
| 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% | -43% |
Ratios
| 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 | 145 |
| ROCE % | 6% | 9% | 12% | 13% | 15% | 17% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
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Trading Window
- Trading window closed from 1 Oct 2026 until 48 hours after Q2 FY26 results.
-
Shareholders meeting
- Durlax Top Surface 16th AGM e-voting results approved on 24 Sept 2026; four resolutions passed.
-
Shareholders meeting
- Durlax Top Surface held its AGM on 24 September 2026; shareholders considered financials, director reappointment, and auditor appointments.
-
General Updates
- Acuité upgraded DTSL’s ₹50 crore facilities to BBB/A3+ and assigned ratings on ₹26 crore, dated 16 Sep 2026.
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Copy of Newspaper Publication
- 16th AGM on 24 Sept 2026 via VC; record date 17 Sept, book closure 18-24 Sept.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
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.