Duroply Industries Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Duroply Industries reported Q1 FY27 revenue of Rs 99.6 crores, up 6.5% year-on-year but down 10.7% sequentially, with profit before tax of Rs 1.04 crores compared to Rs 1.88 crores in the same period last year. Gross margins improved to 35.5% on better product mix and manufacturing efficiencies, while EBITDA margin declined to 4.8% due to higher brand spend. Management said growth in the quarter was below expectation and cited cost pressures from the West Asia war, which were mitigated through material usage improvements, price pass-through, and vendor negotiations.
Duroply Industries reported Q4 FY26 revenue of 111.6 crores, up 5% year-on-year and 20% quarter-on-quarter, with a Profit Before Tax of 1.03 crores that included an exceptional one-time loss of about Rs. 27.5 lakh related to changes in the wages code. For the full year, revenue stood at 402.6 crores, up 8.3%, with EBITDA of Rs. 22.4 crores versus 17.9 crores last year, a 25.3% increase. Management said the second half of the year was challenging with a slowdown in growth, and discussed inflationary pressure on raw materials from geopolitical tensions affecting petrochemical-derived chemicals used in plywood manufacturing.