Dhabriya Polywood Ltd
BSE:538715
Dhabriya Polywood Ltd
Dhabriya Polywood Ltd. engages in the manufacturing and supplying of extruded polyvinyl chloride (PVC) profiles and fabrication of unplasticized polyvinyl chloride (uPVC) doors and windows. The company is headquartered in Jaipur, Rajasthan. The company went IPO on 2014-10-17. The Company’s products range is developed and produced on Save Trees concept without using natural wood. The firm operates through two segments: Plastic products and Modeler Furniture. The Company’s products include SPC Flooring, uPVC Windows & Floor, Aluminium Windows & Doors, PVC Doors, PVC Wall Panels & False Ceiling, Wall & Ceiling Fluted Panel, 3D Designer Wall Tiles, PVC Foam Board, and PVC Furniture. The Company’s subsidiaries include Dynasty Modular Furniture Pvt. Ltd., Polywood Profiles Pvt. Ltd. and Polywood Green Building Systems Pvt. Ltd.
Dhabriya Polywood Ltd. engages in the manufacturing and supplying of extruded polyvinyl chloride (PVC) profiles and fabrication of unplasticized polyvinyl chloride (uPVC) doors and windows. The company is headquartered in Jaipur, Rajasthan. The company went IPO on 2014-10-17. The Company’s products range is developed and produced on Save Trees concept without using natural wood. The firm operates through two segments: Plastic products and Modeler Furniture. The Company’s products include SPC Flooring, uPVC Windows & Floor, Aluminium Windows & Doors, PVC Doors, PVC Wall Panels & False Ceiling, Wall & Ceiling Fluted Panel, 3D Designer Wall Tiles, PVC Foam Board, and PVC Furniture. The Company’s subsidiaries include Dynasty Modular Furniture Pvt. Ltd., Polywood Profiles Pvt. Ltd. and Polywood Green Building Systems Pvt. Ltd.
Record Quarter: Q2 FY '26 was Dhabriya Polywood's strongest quarter ever, with record EBITDA, PAT, and highest EPS in company history.
Revenue Growth: Q2 revenue grew 15.4% year-on-year to INR 67 crores; H1 revenue up 10.6% year-on-year to INR 129.1 crores.
Margin Expansion: EBITDA margin rose sharply to 20% in Q2 (up 460 bps YoY). PAT margin also improved to 11.4%. Margins expected to remain at 20% for the full year.
Product Mix Focus: Management is prioritizing premium products and margin quality over chasing low-margin revenue growth.
CapEx & Growth: CapEx of INR 15–18 crores planned for FY '26, mainly for new products like WPC doors. Launch moved up to Q4 FY '26.
Guidance Reiterated: Management remains confident of achieving 20–25% annual growth over the next 3–4 years, with 20% top-line growth targeted for FY '26.
Healthy Order Book: Order book stands at INR 127 crores, with robust demand from both retail and institutional customers.
