Dhabriya Polywood Ltd (DHABRIYA)

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Dhabriya Polywood Ltd (DHABRIYA) · mywealthgrid

About

Dhabriya Polywood manufactures plastic products for industrial applications within the Industrials sector. The company operates at small scale with market capitalisation of ₹544.7 Cr and serves end-markets including construction, automotive, and packaging. It is positioned as a niche player in industrial plastics.

Face value: ₹10

Market cap

₹501 Cr

P/E

27.8×

P/B

5.0×

Dividend yield

0.2%

ROE

19.8%

ROCE

24.8%

Debt / equity

0.53

OPM

15.7%

EPS (TTM)

₹16.7

Book value

₹92.3

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Elevated valuation at PE 30.21 against earnings volatility: net profit ranged -₹1.44Cr to +₹1.14Cr across 2020–2021 quarters. Researcher should verify if current profitability can sustain this multiple, particularly given recent results announced Aug 2026.
Profitability volatility: operating margin swung from -1.39% to +17.41%, and two of the last eight quarterly periods shown recorded net losses. Verify whether volatility reflects operational instability or external shocks like supply-chain disruption.
Small quarterly revenue base (₹14–17Cr typical) leaves minimal buffer against input cost inflation or demand downturns in cyclical end-markets like construction and automotive.
Minimal institutional ownership (FII 1.51%, DII 0.45%) may limit analyst coverage and price discovery; researcher should verify liquidity and bid-ask spreads.

Generated analysis · source review pending

Growth drivers

Operating margin at 15.73% exceeds Mar 2021's 11.89%, suggesting operational efficiency gains; verify if this reflects sustainable cost discipline or temporary pricing strength.
ROE of 19.79% indicates capital deployed productively; verify whether planned capex for capacity expansion could maintain this return profile.
Dividend history across 2023–2025 indicates cash generation; researcher should verify whether profit growth can sustain dividend growth without straining balance sheet.

Generated analysis · source review pending

2,334 historical price candles were omitted because the exchange source has not been verified.

₹463.8-1.7%1Y

Quick read

rule-based

Pros

+High return on capital employed of 21.5%
+Profit CAGR of 52.4% over the last 3 years
+Revenue CAGR of 20.7% over the last 3 years
+High promoter holding of 67.8% with no pledge

Cons

−Low dividend payout of 4.2% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

67/100

Business quality: 55
Growth: 91
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Supreme Industries LimitedSUPREMEINDSUPREMEIND	₹42,926 Cr	₹42,926 Cr	₹11,326 Cr	₹1,632 Cr	13.9%	₹1,032 Cr	8.5%	19.1%	16.1%	44
Garware Hi-Tech Films LimitedGRWRHITECHGRWRHITECH	₹16,067 Cr	₹16,067 Cr	₹2,258 Cr	₹497 Cr	20.5%	₹388 Cr	16%	17.6%	13.5%	89
Finolex Industries LimitedFINPIPEFINPIPE	₹9,338 Cr	₹9,775 Cr	₹3,954 Cr	₹692 Cr	16.5%	₹615 Cr	14.6%	12.2%	9.7%	133
Kingfa Science & Technology (India) LimitedKINGFAKINGFA	₹8,958 Cr	₹8,958 Cr	₹2,222 Cr	₹314 Cr	13.1%	₹226 Cr	9.3%	23.6%	17.4%	100
Time Technoplast LimitedTIMETECHNOTIMETECHNO	₹8,869 Cr	₹9,508 Cr	₹6,445 Cr	₹922 Cr	14.6%	₹490 Cr	7.8%	18.2%	13.4%	161
Prince Pipes And Fittings LimitedPRINCEPIPEPRINCEPIPE	₹2,731 Cr	₹2,871 Cr	₹2,627 Cr	₹270 Cr	8.9%	₹102 Cr	2.8%	6.4%	4.5%	71
Apollo Pipes LimitedAPOLLOPIPEAPOLLOPIPE	₹2,255 Cr	₹2,379 Cr	₹1,125 Cr	₹49 Cr	6%	₹-15 Cr	0.4%	2.1%	0.6%	58
Jain Irrigation Systems LimitedJISLJALEQSJISLJALEQS	₹1,951 Cr	₹6,013 Cr	₹6,362 Cr	₹765 Cr	12.5%	₹-53 Cr	-0.6%	7.3%	-0.4%	230
Jai Corp LimitedJAICORPLTDJAICORPLTD	₹1,571 Cr	₹1,571 Cr	₹541 Cr	₹70 Cr	10.6%	₹93 Cr	32.9%	13.1%	11.7%	269
Premier Polyfilm LimitedPREMIERPOLPREMIERPOL	₹949 Cr	₹949 Cr	₹365 Cr	₹50 Cr	13.6%	₹35 Cr	9.4%	31.2%	24.1%	102
R M Drip And Sprinklers Systems LimitedRMDRIPRMDRIP	₹587 Cr	₹640 Cr	₹207 Cr	₹53 Cr	26.6%	₹35 Cr	17.7%	33.6%	31.5%	268
Prakash Pipes LimitedPPLPPL	₹582 Cr	₹621 Cr	₹780 Cr	₹118 Cr	15.1%	₹83 Cr	10.7%	28.6%	20.5%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	106	134	171	212	235
COGS	61	85	107	117	123
Gross profit	46	49	64	95	112
	33	36	46	64	75
Operating profit (EBITDA)	13	13	18	31	37
OPM %	12.3%	10%	10.5%	14.5%	15.7%
Depreciation	3	3	4	7	9
Interest	4	4	4	5	4
	1	0	0	1	1
Profit before tax	6	7	11	20	25
Tax	2	2	2	5	7
Tax %	27.7%	24.7%	22.3%	28%	26.7%
	4	5	8	14	18
PAT margin %	4.2%	3.8%	5%	6.7%	7.7%
EPS (₹)	4.1	4.7	7.8	13	16.7
EPS adjusted (₹)	4.1	4.7	7.9	13	16.7
	0%	0%	6.4%	3.8%	4.2%
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity capital	11	11	11	11	11	11
Reserves	—	44	49	58	71	89
Minority interest	—	0	0	0	0	0
	—	43	54	57	53	53
	32	19	16	19	29	28
Total equity & liabilities	43	117	130	145	165	181
	40	41	44	61	69	77
CWIP	—	7	8	0	5	0
Investments	—	2	2	2	2	2
	3	68	76	83	88	102
Total assets	43	117	130	145	165	181

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	8	10	14	32	17
	-8	-7	-13	-20	-12
	0	-1	-1	-10	-5
Net cash flow	-0	2	1	2	1
Free cash flow	-1	3	1	11	5
CFO / Operating profit %	57.9%	73.1%	77.8%	103.6%	46.2%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	43.1%	36.7%	37.3%	44.8%	47.5%
EBITDA margin %	12.3%	10%	10.5%	14.5%	15.7%
EBIT margin %	9.1%	7.5%	8.3%	11.2%	12.1%
PAT margin %	4.2%	3.8%	5%	6.7%	7.7%
Working capital
Receivable days	82	61	46	41	44
Inventory days	217	192	168	155	165
Payable days	29	32	29	39	29
NWC days	270	221	185	158	180
Leverage
Current ratio	1.69	1.67	1.68	1.51	1.82
Debt to EBITDA	3.28	3.99	3.18	1.72	1.44
Debt to equity	0.78	0.89	0.83	0.64	0.53
Interest coverage	2.5	2.9	4.1	5.1	6.7
Asset turnover	0.91	1.03	1.18	1.29	1.3
Return ratios
Return on assets %	3.8%	3.9%	5.8%	8.6%	10%
Return on capital employed %	13.2%	12.7%	16%	23.8%	24.8%
Return on equity %	8.1%	8.5%	12.3%	17.1%	18%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.75%	67.75%	67.75%	67.75%	67.75%	67.75%	67.75%	67.75%	67.75%	67.75%	67.75%	67.75%
	0%	0%	0.05%	0%	0%	0%	1.47%	1.51%	1.51%	1.51%	1.51%	1.51%
	0.53%	0.63%	0.63%	0.52%	0%	0%	0.37%	0.37%	0.37%	0.37%	0.37%	0.45%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.72%	31.62%	31.57%	31.73%	32.25%	32.25%	30.41%	30.37%	30.37%	30.37%	30.37%	30.29%
No. of shareholders	—	—	—	—	—	—	—	—	7,547	7,417	7,235	7,032

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Dhabriya Polywood Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

4

Final dividend23 Sept 2026 · ex-date₹0.7
Final dividend23 Sept 2025 · ex-date₹0.7
Final dividend20 Sept 2024 · ex-date₹0.5
Final dividend22 Sept 2023 · ex-date₹0.5

1

Board meeting to consider results12 Aug 2026

1

Bonus 1:421 Oct 2015 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

22 announcementsExport CSV

1 Oct 2026, 10:59 amCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

30 Sept 2026, 12:45 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

30 Sept 2026, 9:36 amCompany Update

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Award of Order / Receipt of Order PDF

29 Sept 2026, 12:40 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

16 Sept 2026, 6:05 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

9 Sept 2026, 10:54 amCorp. Action

Corporate Action - Fixation Of Record Date For AGM (E-Voting) And Dividend.

Record Date PDF

8 Sept 2026, 4:41 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

8 Sept 2026, 10:49 amOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

Date	Category	Subject	Filing
1 Oct 2026, 10:59 am	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
30 Sept 2026, 12:45 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	43.1%	36.7%	37.3%	44.8%	47.5%
EBITDA margin %	12.3%	10%	10.5%	14.5%	15.7%
EBIT margin %	9.1%	7.5%	8.3%	11.2%	12.1%
PAT margin %	4.2%	3.8%	5%	6.7%	7.7%
Working capital
Receivable days	82	61	46	41	44
Inventory days	217	192	168	155	165
Payable days	29	32	29	39	29
NWC days	270	221	185	158	180
Leverage
Current ratio	1.69	1.67	1.68	1.51	1.82
Debt to EBITDA	3.28	3.99	3.18	1.72	1.44
Debt to equity	0.78	0.89	0.83	0.64	0.53
Interest coverage	2.5	2.9	4.1	5.1	6.7
Asset turnover	0.91	1.03	1.18	1.29	1.3
Return ratios
Return on assets %	3.8%	3.9%	5.8%	8.6%	10%
Return on capital employed %	13.2%	12.7%	16%	23.8%	24.8%
Return on equity %	8.1%	8.5%	12.3%	17.1%	18%

16 deals · 27 Oct 2021 – 23 Jul 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
23 Jul 2026	ABAKKUS VENTURE OPPORTUNITIES FUND	Bulk	BSE	Buy	6,01,341	₹387.80	₹23.32 Cr
23 Jul 2026	ASHISH RAMESHCHANDRA KACHOLIA	Bulk	BSE	Sell	5,76,000	₹387.04	₹22.29 Cr
23 Jul 2026	SURYA VANSHI COMMOTRADE PVT LTD	Bulk	BSE	Sell	1,00,000	₹387.06	₹3.87 Cr
14 Aug 2023	DIGVIJAY DHABRIYA	Bulk	BSE	Sell	7,00,000	₹280.90	₹19.66 Cr
14 Aug 2023	ASHISH RAMESHCHANDRA KACHOLIA	Bulk	BSE	Buy	5,46,178	₹280.90	₹15.34 Cr
14 Aug 2023	PRATEEK JAIN	Bulk	BSE	Buy	85,000	₹280.90	₹2.39 Cr
14 Aug 2023	GAURAV JAIN	Bulk	BSE	Buy	60,000	₹280.90	₹1.69 Cr
14 Aug 2023	FINAVENUE GROWTH FUND	Bulk	BSE	Buy	55,000	₹280.90	₹1.54 Cr
4 Aug 2023	MAVEN INDIA FUND	Bulk	BSE	Sell	1,65,557	₹269.70	₹4.47 Cr
4 Aug 2023	MERU INVESTMENT FUND PCC- CELL 1	Bulk	BSE	Sell	1,20,000	₹269.70	₹3.24 Cr

1–10 of 16

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Dhabriya Polywood Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

4

1

1

Announcements

4

1

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Offer and rights documents

Credit ratings

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Dhabriya Polywood Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends4

Board meetings1

Bonus issues1

Announcements

Ratio timeline

Dividends4

Board meetings1

Bonus issues1

Not in the F&O segment

No fund holdings on record

Announcements

Quarterly record

Annual reports

Offer and rights documents

Credit ratings

Investor Presentation and earnings call

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

4

1

1

4

1

1