MarketFriction

Duroply Industries Ltd

BSE 516003 · Plywood Boards/ Laminates
₹97.10 -4.29%
BSE close2026-10-01
Market cap₹110 Cr.
P/E81.2

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales83.2979.8284.4684.8290.8189.82106.3593.54104.4993.06111.5999.61
Expenses79.8376.5783.2781.0586.9885.77101.0588.3898.3388.08106.8195.22
Operating Profit3.463.251.193.773.834.055.305.166.164.984.784.39
OPM %4.15%4.07%1.41%4.44%4.22%4.51%4.98%5.52%5.90%5.35%4.28%4.41%
Other Income0.210.260.250.230.280.321.160.230.300.420.130.43
Interest1.792.072.691.671.821.941.982.192.382.402.151.99
Depreciation0.890.911.011.071.151.221.241.321.421.631.721.79
Profit before tax0.990.53-2.261.261.141.213.241.882.661.371.041.04
Tax %34.34%41.51%-45.58%-163.49%57.02%-1.65%15.74%18.09%9.77%-4.38%335.58%41.35%
Net Profit0.650.31-1.233.320.501.222.731.552.411.43-2.450.61
EPS in Rs0.840.37-1.253.370.511.242.771.572.221.32-2.260.56
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales182207218228207181191302323372403409
Expenses182205214218201182186286311355382388
Operating Profit034106-151612172120
OPM %0.1%1.4%1.8%4.4%2.9%-0.7%2.5%5%3.7%4.6%5%5.0%
Other Income0411210221211
Interest7777810978799
Depreciation222233334567
Profit before tax-8-2-51-2-5-581776
Tax %-32%0%1%22%76%-49%40%34%0%-13%58%
Net Profit-6-2-51-4-2-651832
EPS in Rs-12.71-4.16-10.511.52-6.32-3.79-9.776.731.027.882.711.84
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%17%10%7%
Compounded Profit Growth10%18%-16%-74%
Stock Price CAGR2%4%-17%-43%
Return on Equity-2%2%3%2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555566668101011
Reserves15944737166645781117124141
Borrowings455256534955685946486073
Other Liabilities544961688087718290869976
Total Liabilities119115165199206214209205225260293302
Fixed Assets14141610310110498102102103108125
CWIP000000000040
Investments8844000000912
Other Assets979310596105110110102122148180174
Total Assets119115165199206214209205225260293302
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity12019146-5242-17-32
Cash from Investing Activity-1-11-2-3-24-2-2-101-17
Cash from Financing Activity-120-3-7-12-2-1-22-027115
Net Cash Flow-1-1-0-001-10-01-10
Free Cash Flow11-127143-0210-18-10-14
CFO/OP180%256%49%225%145%90%395%496%16%-140%-15%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days534335363837363835394742
Inventory Days142173190173179224197195134149165145
Days Payable14114415315017821016917511910911772
Cash Conversion Cycle5572725939506459497994115
Working Capital Days-17-26-29-34-27-41-47-49-2353640
ROCE %8%-2%2%2%7%3%-2%3%11%6%7%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.06%61.52%55.01%55.01%55.01%55.01%55.24%55.24%50.22%50.22%50.22%50.22%
DIIs0.14%0.12%0.11%0.11%0.11%0.11%0.11%0.11%0.10%0.10%0.10%0.10%
Public41.80%38.37%44.88%44.88%44.89%44.88%44.65%44.65%49.69%49.68%49.67%49.68%
No. of Shareholders7,0707,5057,2407,0466,9916,9757,1487,1757,1987,2327,1677,147

Fundamentals

Market Cap₹ 110 Cr.
Current Price₹ 101
Stock P/E81.2
Book Value₹ 140
ROCE7.73 %
ROE2.09 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)-74%
Standalone figures.
Valuation
Market capRs 105 Cr
Enterprise valueRs 175 Cr
P/E (TTM)52.70x
Price to book0.69x
Price to sales0.26x
EV / EBITDA8.09x
EV / EBIT11.62x
EV / sales0.43x
Price to cash flow54.89x
Earnings yield1.90%
P/E, 3-year average121.14x
P/B, 3-year average1.51x
P/E, 5-year average95.43x
P/B, 5-year average1.31x
Profitability
Operating margin (excl. other income)5.25%
Operating margin (incl. other income)5.50%
EBITDA margin5.28%
Pre-tax margin1.49%
Net profit margin0.49%
Net margin, latest quarter0.61%
ROE2.06%
ROCE7.68%
ROA0.99%
ROE, 3-year average2.99%
ROCE, 3-year average7.12%
ROA, 3-year average1.41%
ROE, 5-year average1.29%
ROCE, 5-year average7.23%
ROA, 5-year average0.72%
ROIC (approx.)2.87%
Tax rate57.76%
Other income / net worth0.68%
Growth
Sales growth (latest year)8.31%
Profit growth (latest year)-62.16%
Sales CAGR, 3 years10.01%
Sales CAGR, 5 years17.30%
Profit CAGR, 3 years-17.47%
Sales growth QoQ-10.74%
Sales growth YoY (latest quarter)6.49%
Profit growth YoY (latest quarter)-60.65%
Per share
EPS (TTM)Rs 1.84
EPS (latest year)Rs 2.71
EPS (latest quarter)Rs 0.56
EPS, 3-year averageRs 3.87
EPS, 5-year averageRs 1.71
Book value per shareRs 140.29
Sales per shareRs 376.59
Cash flow per shareRs 1.77
Free cash flow per shareRs -12.90
Efficiency
Asset turnover1.34x
Fixed asset turnover3.22x
Inventory turnover2.73x
Inventory days133 days
Debtor days42 days
Debtors turnover8.71x
Creditor days72 days
Cash conversion cycle115 days
Working capital days40 days
Leverage
Total debtRs 73 Cr
Cash and bankRs 4 Cr
Net debtRs 69 Cr
Debt to equity0.48x
Net debt / EBITDA3.21x
Interest coverage1.69x
Owners' fund to total sources50.50%
Debt to assets24.25%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -17 Cr
Cash from Financing Activity (latest year)Rs 15 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years0.73x
Sales to cash flow209.72x
Statement figures
Net sales (TTM)Rs 409 Cr
Net sales (latest year)Rs 403 Cr
Sales (latest quarter)Rs 100 Cr
Operating profit excl. other income (latest year)Rs 21 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 22 Cr
PBDT (TTM)Rs 13 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 9 Cr
Cost of goods sold (latest year)Rs 284 Cr
Total expenditure (latest year)Rs 382 Cr
Total income (latest year)Rs 404 Cr
Share capitalRs 11 Cr
ReservesRs 141 Cr
Shareholders' fundsRs 152 Cr
Total assetsRs 302 Cr
Net blockRs 125 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 2 Cr
ReceivablesRs 46 Cr
InventoryRs 104 Cr
Other liabilitiesRs 76 Cr
Shares outstanding (crore)1.09
Ownership
Promoter holding50.22% (-5.02 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 52.7 is at the 58th percentile of its own 4.4-year range (median 47.4, low 17.2, high 331.0).
P/B 0.69 is at the 11th percentile (median 1.56).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period516003Nifty 50Difference
1 week-6.0%-2.8% -3.3 pts
1 month-0.9%-6.8% +5.9 pts
3 months-20.6%-7.6% -13.0 pts
3 years-46.9%+14.2% -61.1 pts
5 years+11.9%+27.9% -16.0 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -151% of net profit over the last 3 years
explainShare dilution Share count up 9% in a year, 38% in three
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹100 Cr +6.5% vs Jun 2025. Net profit ₹1 Cr -60.6%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Duroply Industries Ltd?

Duroply Industries Ltd (516003) has a market capitalisation of Rs 110 Cr. at the 2026-10-01 close.

What is the P/E ratio of Duroply Industries Ltd?

Duroply Industries Ltd trades at a P/E of 81.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Duroply Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Duroply Industries Ltd sales was Rs 100 Cr (+6.5% vs Jun 2025) and net profit was Rs 1 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03