Duroply Industries Ltd - Stock Valuation and Financial Performance

BSE: 516003 | NSE: | Wood & Wood Products | Small Cap

Duroply Industries Share Price

300 -2.05 -0.68%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Duroply Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Duroply Industries stock performance -

mw4me loader
P/E Ratio (SA):
56.61
Market Cap:
254.9 Cr.
52-wk low:
121.4
52-wk high:
369.8

Is Duroply Industries Ltd an attractive stock to invest in?

1. Is Duroply Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Duroply Industries Ltd is a below average quality company.

2. Is Duroply Industries Ltd undervalued or overvalued?

The key valuation ratios of Duroply Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Duroply Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Duroply Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Duroply Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Duroply Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 2.4%7.9%-0.9%0.5%-0%5%0.4%-0.6%-0%8.3%-
Value Creation
Index
-0.8-0.4-1.1-1.0-1.0-0.6-1.0-1.0-1.0-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 183204182207218228207181191302323
Sales YoY Gr.-11%-10.4%13.8%4.9%5%-9.6%-12.2%5.3%58.5%-
Adj EPS -6.91.2-12-10.4-11.22.2-7.4-12.2-9.46.85.3
YoY Gr.-NA-1136.2%NANANA-441.3%NANANA-
BVPS (₹) 4442.329.6106.5166.9120.1112.7108.698.9110.1117.3
Adj Net
Profit
-3.10.5-5.4-4.7-5.11.4-4.8-7.9-6.15.34
Cash Flow from Ops. -112.30.41.48.814.45.7-4.723.92.5-
Debt/CF from Ops. -493.712938.76.13.49.6-142.216.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.7%6.8%13.6%58.5%
Adj EPS NANANANA
BVPS10.7%-8%-0.8%11.2%
Share Price 36.8% 29.2% 78% 137.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-13.32.7-32.9-15.3-8.11.8-6.4-11.1-9.174.7
Op. Profit
Mgn %
1.64.10.31.41.84.73.2-0.62.75.64.8
Net Profit
Mgn %
-1.70.3-3-2.3-2.30.6-2.3-4.4-3.21.81.4
Debt to
Equity
2.62.43.91.20.70.60.80.90.80.5-
Working Cap
Days
17014615614115515718421419713166
Cash Conv.
Cycle
513944404631394447332

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.70%

Sales growth is growing at healthy rate in last 3 years 13.56%

Debt to equity has declined versus last 3 years average to 0.48

Sales growth is good in last 4 quarters at 20.69%

No data to display

Latest Financials - Duroply Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 5.3 -5.7
TTM Sales (₹ Cr.) 323 218
BVPS (₹.) 117.3 0
Reserves (₹ Cr.) 91 47
P/BV 2.56 0.00
PE 56.61 0.00
From the Market
52 Week Low / High (₹) 121.35 / 369.80
All Time Low / High (₹) 1.55 / 369.80
Market Cap (₹ Cr.) 255
Equity (₹ Cr.) 8.5
Face Value (₹) 10
Industry PE 36.6

Management X-Ray of Duroply Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *8.978.978.978.9746.7146.7143.8343.8343.8337.95
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Duroply Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales183204182207218228207181191302
Operating Expenses 185197182205214218201183186286
Manufacturing Costs24262630293331201922
Material Costs118126110120127132113115119196
Employee Cost 16202328312527232629
Other Costs 27242427272929252239
Operating Profit -27034106-2516
Operating Profit Margin (%) -1.1%3.3%0.1%1.4%1.8%4.4%2.9%-0.8%2.5%5.4%
Other Income 0001111222
Interest 77777781097
Depreciation 2222223333
Exceptional Items 0004002800
Profit Before Tax -10-2-8-2-51-2-5-58
Tax -4-1-30002-223
Profit After Tax -60-6-2-51-4-2-65
PAT Margin (%) -3.5%-0.2%-3.1%-0.9%-2.2%0.4%-2.0%-1.4%-3.3%1.7%
Adjusted EPS (₹)-14.3-1.1-12.7-4.2-10.51.5-6.3-3.8-9.86.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 20191448757873706486
Share Capital 5555566668
Reserves 1615944717166645778
Minority Interest0000000000
Debt48445153514752615038
Long Term Debt53854881196
Short Term Debt44404448474044504132
Trade Payables46494350526465535764
Others Liabilities 1-1-41201724243437
Total Liabilities 115111104153199206214209205225

Fixed Assets

Gross Block36373818108108113107114116
Accumulated Depreciation212324256991114
Net Fixed Assets1514141610310110498102102
CWIP 0000000000
Investments 88844000000
Inventories55495262606569626472
Trade Receivables27302120212421182029
Cash Equivalents 2100134343
Others Assets88910141416271518
Total Assets 115111104153199206214209205225

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -112019146-5242
PBT -10-2-8-2-51-2-5-58
Adjustment 8885991012109
Changes in Working Capital 160-255-2-1218-14
Tax Paid 0000000000
Cash Flow From Investing Activity -1-1-11-2-3-24-2-2
Capex -1-1-21-2-1-34-3-2
Net Investments 00000-20000
Others 0000000110
Cash Flow From Financing Activity 2-120-3-7-12-2-1-220
Net Proceeds from Shares 00000000017
Net Proceeds from Borrowing 0000000000
Interest Paid -7-7-7-7-7-7-7-10-8-6
Dividend Paid 0000000000
Others 8-6740-559-14-11
Net Cash Flow 0-1-10001-100
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-28.09-2.53-35.31-6.11-7.691.28-5.42-3.43-9.416.99
ROCE (%)-5.047.72-2.386.462.076.614.214.043.2512.17
Asset Turnover Ratio1.691.971.841.761.261.130.980.860.921.41
PAT to CFO Conversion(x)N/A-INFN/AN/AN/A14N/AN/AN/A0.4
Working Capital Days
Receivable Days52474733343639393629
Inventory Days10385939210110011813212082
Payable Days152138153142147161209188169113

Duroply Industries Ltd Stock News

Duroply Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Duroply Industries on 28-Mar-2024 16:01 is ₹300.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Duroply Industries stood at ₹254.8.
The latest P/E ratio of Duroply Industries as of 28-Mar-2024 16:01 is 56.61.
The latest P/B ratio of Duroply Industries as of 28-Mar-2024 16:01 is 2.56.
The 52-week high of Duroply Industries is ₹369.8 and the 52-week low is ₹121.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Duroply Industries is ₹323.2 ( Cr.) .

About Duroply Industries Ltd

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 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:

  • Plywood
  • Blockboard
  • Doors
  • Decorative plywood 
  • Innovative products • Fabply • Fire resistant doors
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