As of 6 Nov 2026, Duroply Industries trades at 54.3× trailing earnings, above the industry P/E of 44.0×, and the shares are 50% below their 52-week high. Sales grew 10% a year over 3 years while net profit fell 17%, with ROCE of 8.0% and ROE of 2.1%. Debt is 0.48× equity. It is a small-cap company with a market cap of ₹107 Cr, ranked 9th of 12 Lumber & Wood Production companies by market cap; the shares fell 45% over the past year.
- ₹99.70
- ₹99.70
- ₹97.05
- ₹99.25
- 107
Health check
- ReturnsBehind
−45.2% over a year, better than 1 of 7 peers.
- Price tagPricier
P/E 54.3 vs industry 44.0.
- GrowthSlow
Sales +10.0%, profit −17.5% a year over 3 years.
- ProfitabilityWeak
ROCE 8.0% vs peer median 10.9%.
- Balance sheetFair
Debt 0.48× equity, interest covered 1.9×, Piotroski 5 of 9.
- Red flags4 to check
Return on equity is low at 2.1%.
Small cap
Defensive
Key metrics
- Market cap
- ₹107 Cr
- Small cap
- P/E
- 54.3
- Industry 44.0
- Price to book
- 0.70
- Peers 3.43
- Dividend yield
- 0.00%
- ROE
- 2.1%
- Peers 4.9%
- ROCE
- 8.0%
- Peers 10.9%
- Debt to equity
- 0.48
- Debt ₹73 Cr
- EPS (TTM)
- ₹1.82
- OPM (TTM)
- 5.0%
- Net margin 0.5%
- Sales growth
- +6.5%
- Latest quarter vs a year ago
- Profit growth
- −60.7%
- Latest quarter vs a year ago
- Price to sales
- 0.26
- EV/EBITDA 10.6
Strengths and risks
Risks to check
- Return on equity is low at 2.1%.
- Quarterly profit down 60.7% on a year ago.
- 50% below its 52-week high.
- Interest coverage of only 2.8×.
About Duroply Industries
Duroply Industries Limited manufactures and sells plywood and allied products in India. It provides plywood and blockboards, flush doors, and decorative veneers under the DURO brand name. The company was formerly known as Sarda Plywood Industries Limited and changed its name to Duroply Industries Limited in December 2018. Duroply Industries Limited was incorporated in 1957 and is headquartered in Kolkata, India.
- Headquarters
- Kolkata
- Employees
- 599
- Sector
- Basic Materials
- ISIN
- INE932D01010
- Website
- duroply.in
Price range
- Avg volume (3M)
- 3.3K
- 1-year return
- minus 45.2%
- From 52-week high
- minus 49.6%
Peers · Lumber & Wood Production
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CENTURYPLYCentury Plyboards (India) | 639.25 | minus 1.63% | 14,202 | 44.0 | 23.0 | 13.9% | 12.4% | 0.67 | 14.0% | minus 14.3% |
| GREENLAMGreenlam Industries | 203.70 | minus 3.51% | 5,197 | 55.8 | 18.6 | 9.2% | 11.4% | 0.98 | 14.8% | minus 20.4% |
| GREENPLYGreenply Industries | 266.30 | plus 0.36% | 3,326 | 26.5 | 14.1 | 12.5% | 10.0% | 0.65 | 18.2% | minus 10.9% |
| GREENPANELGreenpanel Industries | 142.38 | plus 0.27% | 1,746 | 143.8 | 16.6 | −1.5% | 8.1% | 0.24 | −5.5% | minus 49.2% |
| IWPThe Indian Wood Products Company | 34.20 | plus 1.91% | 219 | 36.8 | – | – | 6.2% | 0.19 | – | minus 0.7% |
| ECOBOAREcoboard Industries | 59.40 | minus 2.51% | 192 | – | – | −41.3% | −28.1% | 0.34 | −14.8% | plus 74.1% |
| ARCHIDPLYArchidply Industries | 92.63 | plus 0.28% | 185 | 14.1 | 8.4 | 15.1% | 6.7% | 1.63 | 16.8% | minus 4.9% |
| DUROPLYDuroply Industries | 98.80 | minus 0.45% | 107 | 54.3 | 8.3 | 8.0% | 5.0% | 0.48 | 10.0% | minus 45.2% |
| Median of 7 peers | – | 0.27% | 1,746 | 40.4 | 16.6 | 10.9% | 8.1% | 0.65 | 14.4% | −10.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 93.5 | 104 | 93.1 | 112 | 99.6 | |
| 88.4 | 98.3 | 88.1 | 107 | 95.2 | |
| 5.2 | 6.2 | 5 | 4.8 | 4.4 | |
| 5.5% | 5.9% | 5.4% | 4.3% | 4.4% | |
| 0.2 | 0.3 | 0.4 | 0.4 | 0.4 | |
| 2.2 | 2.4 | 2.4 | 2.1 | 2 | |
| 1.3 | 1.4 | 1.6 | 1.7 | 1.8 | |
| – | – | – | −0.3 | – | |
| 1.9 | 2.7 | 1.4 | 1 | 1 | |
| 17.9% | 9.7% | −4.6% | 336.9% | 41.6% | |
| 1.5 | 2.4 | 1.4 | −2.5 | 0.6 | |
| 1.43 | 2.43 | 1.45 | -2.62 | 0.56 |
Profit & loss
- Sales CAGR 3Y
- +10.0%
- Profit CAGR 3Y
- −17.5%
- EPS CAGR 3Y
- −27.4%
- ROE
- 2.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 302 | 323 | 372 | 403 | |
| – | +6.7% | +15.2% | +8.3% | |
| 284 | 311 | 354 | 381 | |
| 18.6 | 11.6 | 17.6 | 21.5 | |
| 6.1% | 3.6% | 4.7% | 5.3% | |
| −1.2 | −1 | −0.5 | −0.5 | |
| 5.6 | 6.4 | 6.1 | 7.8 | |
| 3.4 | 3.7 | 4.7 | 6.1 | |
| −0.4 | 0.5 | 0.5 | −0.2 | |
| 7.9 | 1 | 6.9 | 7 | |
| 34.0% | 0.1% | −13.3% | 57.8% | |
| 5.2 | 1 | 7.8 | 2.9 | |
| – | minus 80.7% | +671.2% | minus 62.2% | |
| 7.39 | 1.25 | 7.16 | 2.83 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.8 | 9.9 | 9.9 | 10.9 | |
| 80.6 | 117 | 124 | 141 | |
| 46.4 | 47.7 | 59.7 | 73.1 | |
| 89.7 | 85.6 | 99.5 | 76.1 | |
| 225 | 260 | 293 | 302 | |
| 102 | 103 | 109 | 121 | |
| 0.7 | 0.5 | 2.1 | 0.5 | |
| 0 | 0.9 | 0 | 0 | |
| 0.2 | 8.8 | 0.1 | 2 | |
| 121 | 146 | 181 | 179 | |
| 225 | 260 | 293 | 302 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.9 | −16.7 | −2.9 | 1.9 | |
| −2.4 | −9.8 | 1 | −17.3 | |
| −0.9 | 27.2 | 1.2 | 15.4 | |
| −0.3 | 0.7 | −0.7 | −0 | |
| −2.8 | −1.5 | −7.1 | −15.9 | |
| 0.1 | −18.3 | −10 | −14 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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