Duroply Industries (BSE 516003)₹97.60−0.10%Plywood Boards/ Laminates
In the Mar 2026 quarter (standalone), Duroply Industries reported sales of ₹111 Cr, up 4.9% from Mar 2025, and net profit of −₹2.46 Cr, down 189.8% year on year. For the year to Mar 2026, sales were ₹401 Cr and net profit ₹3.01 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 75.56 | 83.05 | 79.52 | 84.21 | 84.50 | 90.47 | 89.56 | 106 | 93.20 | 104 | 92.79 | 111 |
| Expenses | 71.76 | 79.98 | 76.65 | 83.37 | 81.22 | 87.06 | 85.82 | 101 | 88.44 | 98.51 | 88.18 | 107 |
| Operating Profit | 4.26 | 3.47 | 3.26 | 1.20 | 3.78 | 3.84 | 4.06 | 5.31 | 5.17 | 6.17 | 4.99 | 4.79 |
| OPM % | 5.6% | 4.1% | 4.1% | 1.4% | 4.5% | 4.2% | 4.5% | 5.0% | 5.5% | 5.9% | 5.3% | 4.3% |
| Other Income | 0.20 | 0.22 | 0.27 | 0.26 | 0.24 | 0.29 | 0.33 | 1.17 | 0.24 | 0.31 | 0.43 | 0.14 |
| Interest | 1.81 | 1.80 | 2.06 | 2.68 | 1.66 | 1.83 | 1.93 | 1.97 | 2.18 | 2.37 | 2.39 | 2.14 |
| Depreciation | 0.87 | 0.88 | 0.90 | 1.00 | 1.08 | 1.16 | 1.23 | 1.25 | 1.33 | 1.41 | 1.64 | 1.71 |
| Profit before tax | 1.75 | 0.98 | 0.52 | −2.25 | 1.25 | 1.13 | 1.20 | 3.23 | 1.87 | 2.65 | 1.36 | 1.03 |
| Tax % | 26.7% | 34.3% | 41.5% | −45.6% | −163.5% | 57.0% | −1.7% | 15.7% | 18.1% | 9.7% | −4.4% | 335.6% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 1.01 |
| Net Profit | 1.29 | 0.66 | 0.32 | −1.24 | 3.33 | 0.51 | 1.23 | 2.74 | 1.56 | 2.42 | 1.44 | −2.46 |
| EPS (Rs) | 1.66 | 0.85 | 0.36 | −1.24 | 3.38 | 0.50 | 1.23 | 2.76 | 1.56 | 2.23 | 1.31 | −2.27 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 181 | 206 | 217 | 227 | 206 | 180 | 190 | 301 | 322 | 371 | 401 | 401 |
| Expenses | 182 | 205 | 214 | 218 | 201 | 182 | 186 | 286 | 311 | 355 | 382 | 382 |
| Operating Profit | 0.00 | 3.01 | 4.01 | 10.02 | 6.01 | −1.01 | 5.01 | 16.02 | 12.01 | 17.02 | 21.04 | 21.12 |
| OPM % | 0.1% | 1.4% | 1.8% | 4.4% | 2.9% | −0.7% | 2.5% | 5.0% | 3.7% | 4.6% | 5.0% | 5.3% |
| Other Income | 0.00 | 4.01 | 1.01 | 1.01 | 2.01 | 10.01 | 2.01 | 2.01 | 1.01 | 2.01 | 1.01 | 1.12 |
| Interest | 7.01 | 6.99 | 6.99 | 6.99 | 7.99 | 10.01 | 9.01 | 7.01 | 7.99 | 6.99 | 8.99 | 9.08 |
| Depreciation | 1.99 | 2.01 | 2.01 | 2.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.99 | 5.01 | 5.99 | 6.09 |
| Profit before tax | −7.98 | −1.99 | −4.99 | 0.99 | −1.99 | −4.99 | −4.98 | 7.97 | 0.99 | 6.98 | 6.98 | 6.91 |
| Tax % | −32.0% | 0.0% | 1.0% | 22.0% | 76.0% | −49.0% | 39.9% | 34.0% | 0.0% | −13.0% | 58.0% | — |
| Exceptional items | 0.00 | 4.02 | 0.00 | 0.00 | 2.01 | 8.02 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 1.01 |
| Net Profit | −6.02 | −2.01 | −5.01 | 1.01 | −4.01 | −2.01 | −6.02 | 5.01 | 1.01 | 8.02 | 3.01 | 2.96 |
| EPS (Rs) | −12.70 | −4.17 | −10.50 | 1.53 | −6.31 | −3.78 | −9.78 | 6.72 | 1.01 | 7.87 | 2.72 | 2.83 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.99 | 4.99 | 4.99 | 4.99 | 5.99 | 5.99 | 5.99 | 5.98 | 7.98 | 9.98 | 9.98 | 10.98 |
| Reserves | 14.97 | 8.98 | 43.88 | 72.83 | 70.79 | 65.88 | 63.81 | 56.89 | 80.80 | 117 | 124 | 141 |
| Borrowings | 44.81 | 51.76 | 55.82 | 52.78 | 48.80 | 54.81 | 67.72 | 58.76 | 45.80 | 47.84 | 59.78 | 72.66 |
| Other Liabilities | 53.96 | 49.03 | 60.99 | 68.13 | 80.17 | 86.84 | 71.17 | 81.88 | 89.94 | 85.84 | 98.86 | 76.03 |
| Total Liabilities | 119 | 115 | 165 | 199 | 206 | 214 | 209 | 205 | 225 | 259 | 292 | 301 |
| Fixed Assets | 13.99 | 14.01 | 15.99 | 103 | 101 | 104 | 98.02 | 102 | 102 | 103 | 108 | 125 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.01 | 0.00 |
| Investments | 8.03 | 8.03 | 44.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.03 | 1.01 | 2.01 |
| Other Assets | 96.71 | 92.72 | 105 | 95.69 | 105 | 110 | 110 | 102 | 122 | 147 | 179 | 173 |
| Inventories | 49.16 | 52.20 | 62.25 | 60.27 | 65.28 | 69.25 | 62.24 | 64.21 | 72.22 | 88.30 | 110 | 104 |
| Trade receivables | 30.01 | 21.03 | 20.03 | 21.02 | 24.04 | 21.03 | 18.02 | 20.01 | 29.05 | 34.05 | 48.04 | 46.03 |
| Cash & equivalents | 1.01 | 0.00 | 0.00 | 1.01 | 3.01 | 4.01 | 3.01 | 4.02 | 3.01 | 4.02 | 4.02 | 4.02 |
| Total Assets | 119 | 115 | 165 | 199 | 206 | 214 | 209 | 205 | 225 | 259 | 292 | 301 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 12.02 | 0.00 | 1.01 | 9.02 | 14.02 | 6.01 | −5.01 | 24.04 | 2.01 | −17.02 | −3.01 | 2.01 |
| Cash from investing activity | −1.01 | −1.01 | 1.01 | −2.01 | −3.01 | −2.01 | 4.01 | −2.01 | −2.01 | −10.01 | 1.01 | −17.03 |
| Cash from financing activity | −11.97 | 0.00 | −2.99 | −6.98 | −11.97 | −1.99 | −0.99 | −21.95 | 0.00 | 26.94 | 0.99 | 14.95 |
| Net cash flow | −0.99 | −0.99 | 0.00 | 0.00 | 0.00 | 0.99 | −0.99 | 0.00 | 0.00 | 0.99 | −0.99 | 0.00 |
| Capex | 1.38 | 1.58 | 2.97 | 2.10 | 1.42 | 3.12 | 5.51 | 2.79 | 2.83 | 1.55 | 7.13 | 15.95 |
| Free cash flow | 11.02 | −1.01 | 2.01 | 7.01 | 14.01 | 3.01 | 0.00 | 21.01 | 0.00 | −18.01 | −10.01 | −14.01 |
| CFO / OP % | 180.1% | 256.1% | 49.1% | 225.1% | 145.1% | 90.0% | 395.1% | 496.1% | 16.1% | −139.9% | −14.9% | 9.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 53 | 43 | 35 | 36 | 38 | 37 | 36 | 38 | 35 | 39 | 47 | 42 |
| Inventory days | 142 | 173 | 190 | 173 | 179 | 224 | 197 | 195 | 134 | 149 | 165 | 145 |
| Days payable | 141 | 144 | 153 | 150 | 178 | 210 | 169 | 175 | 119 | 109 | 117 | 72 |
| Cash conversion cycle | 55 | 72 | 72 | 59 | 39 | 50 | 64 | 59 | 49 | 79 | 94 | 115 |
| Working capital days | −17 | −26 | −29 | −34 | −27 | −41 | −47 | −49 | −2 | 35 | 36 | 42 |
| ROCE % | 8.0% | −2.0% | 2.0% | 2.0% | 7.0% | 3.0% | −2.0% | 3.0% | 11.0% | 6.0% | 7.0% | 8.0% |
For the Mar 2026 quarter, Duroply Industries reported sales of ₹111 Cr, up 4.9% year on year and net profit of −₹2.46 Cr, down 189.8% year on year. The operating margin was 4.3%.
Duroply Industries' sales for the year to Mar 2026 were ₹401 Cr; over the last twelve months they were ₹401 Cr.
Net profit for the year to Mar 2026 was ₹3.01 Cr, and ₹2.96 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.83.
Duroply Industries reported borrowings of ₹72.66 Cr at Mar 2026, against cash and equivalents of ₹4.02 Cr.
Cash from operations was ₹2.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹14.01 Cr.