The 5-year analysis of Duroply Industries Ltd's performance infers:
We analysed the performance of Duroply Industries Ltd share prices over the last 10 years. Here is what we found out:
Sarda Plywood Industries (SPI), established in 1957, is the flagship company of a prestigious Chitlangia Group having significant presence in paper and tea besides plywood and allied products.
SPI was founded in an era where wood used to be known as the one stop source for all furniture, and subsequently grew up to a formidable force under the dynamic and visionary leadership of Late Sri P D Chitlangia. His vision was simple, yet powerful.
The manufacturing facility was established at
The manufacturing facility was established at Jeypore in Assam, the home of plywood manufacturing. The Duro range of quality plywood products started rolling out from this factory. Quality was an obsession for Late Sri P D Chitlangia and the same was inculcated to each and every one down the line. This resulted in Duro becoming the numero uno plywood brand in India. Competition was relegated to the backdoor.
SPI's manufacturing facility is well equipped with machineries and resources to produce any variety of plywood. Raw materials are sourced indigenously as well as from overseas. Quality assurance methods at each stage of manufacturing process ensure quality from raw materials to finish. Research and Development is at the core of SPI's success story and the gamut of products under its banner speaks for themselves. In fact R&D efforts have resulted in continuous product upgradations, innovations and new product developments.
Product range of the company includes: