Shares of a company engaged in the manufacturing of PVC and uPVC-based products for a wide range of building interior and exterior applications surged nearly 3 percent on BSE to Rs. 440 on Wednesday, after receiving two purchase orders from different clients including Adani Group.
With a market capitalisation of Rs. 460 crores, at 01:15 p.m., the shares of Dhabriya Polywood Limited were trading in the red at Rs. 425, down by nearly 0.6 percent, as against its previous closing price of Rs. 427.4.
What’s the News
Dhabriya Polywood Limited, in its latest regulatory filings with the BSE, announced receiving work orders worth a total of Rs. 15.64 crores from multiple clients.
The first order, valued at Rs. 14.09 crores, comes from DLF Group. It includes a Rs. 2.36 crores contract for the supply and installation of uPVC windows and doors, which is set to be completed within 12 months, and a Rs. 11.73 crores contract for the supply and installation of aluminium windows and doors, scheduled for completion in 24 months.
The second order, worth Rs. 1.55 crores, has been awarded to Dynasty Modular Furnitures Pvt. Ltd., a wholly-owned subsidiary of Dhabriya Polywood Limited, from Adani Group for the supply and installation of modular kitchens. The project is expected to be completed in 6 months.
Previous Orders
23rd December 2024: Dhabriya Polywood Limited received two orders worth a total of Rs. 9.76 crores.
The first order, valued at Rs. 5.24 crores, came from Puravankara Group and DLF Group for the supply and installation of uPVC and aluminium windows and doors, respectively.
The second order, worth Rs. 4.52 crores, was awarded to Dynasty Modular Furnitures Pvt. Ltd. by Concient Group (Heritage Max) for the supply and installation of modular kitchens.
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Financials & Management Guidance
Dhabriya Polywood reported a marginal growth in the revenue from operations, experiencing a rise of nearly 6.2 percent YoY, increasing from Rs. 54.65 crores in Q2 FY24 to Rs. 58.05 crores in Q2 FY25.
Similarly, during the same period, the company’s net profit increased from Rs. 3.6 crores to Rs. 4.2 crores, representing a rise of around 16.6 percent YoY.
Dhabriya Polywood aims to achieve a 25 percent YoY growth over the next 4 years, driven by increased margins every year through operational efficiencies, the launch of new products, and an expanded geographical presence, all contributing to a significant increase in return on capital employed (ROCE) each year.
Stock Performance
The stock has delivered positive returns of nearly 22 percent in one year, as well as around 8.6 percent returns in the last six months. Likewise, the shares of Dhabriya Polywood have given positive returns of about 16.7 percent in the last one month.
About the Company
Incorporated in 1992, Dhabriya Polywood Limited is one of the leading manufacturer & suppliers of extruded PVC/uPVC profile sections and Dstona sheets & Moldings for various furnishing & furniture applications (i.e. doors, partitions, ceiling, panelling, fencing, prefabs, interior & furnishing etc.), uPVC window & doors and aluminium window systems.
Written by Shivani Singh
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