DHABRIYA

Dhabriya Polywood financials

Market cap
₹545 Cr

Quarterly results

Q1 FY27: revenue up 10.0%, net profit up 35.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue58 55 63 62 67 +15%66 +20%70 +10%68 +10%
EBITDA9 9 10 12 14 +49%14 +56%15 +44%16 +28%
Net profit4 4 5 7 8 +82%8 +101%8 +55%9 +35%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +35.9% 1Y

₹300₹400₹500₹600Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹370.3 on 10 Sept 2025 → ₹503.1. High ₹580.3 (24 Aug 2026), low ₹285.95 (30 Mar 2026).

Financials, as filed

Revenue grew 11.8% a year over 2 years, FY24 to FY26. Operating margin widened to 20.6%.

Year endingFY24FY25FY26
Revenue₹212 Cr₹235 Cr₹264 Cr
Operating profit₹31 Cr₹38 Cr₹55 Cr
Operating margin14.6%16.0%20.6%
Interest₹5 Cr₹5 Cr₹5 Cr
Depreciation₹7 Cr₹9 Cr₹10 Cr
Net profit₹14 Cr₹18 Cr₹30 Cr
Net margin6.7%7.7%11.4%
Cash from operations₹32 Cr₹17 Cr₹8 Cr
Free cash flow₹11 Cr₹5 Cr₹-19 Cr
ROCE19.0%20.0%26.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹11 Cr₹11 Cr₹11 Cr₹11 Cr₹11 Cr₹11 Cr
Reserves₹44 Cr₹49 Cr₹58 Cr₹71 Cr₹103 Cr₹119 Cr
Borrowings₹49 Cr₹54 Cr₹57 Cr₹53 Cr₹55 Cr₹76 Cr
Other liabilities₹14 Cr₹16 Cr₹19 Cr₹29 Cr₹30 Cr₹19 Cr
Total liabilities₹117 Cr₹130 Cr₹145 Cr₹165 Cr₹199 Cr₹226 Cr
Fixed assets₹43 Cr₹45 Cr₹63 Cr₹71 Cr₹84 Cr₹90 Cr
Capital work in progress₹7 Cr₹8 Cr₹0 Cr₹5 Cr₹0 Cr₹6 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹68 Cr₹76 Cr₹83 Cr₹88 Cr₹115 Cr₹129 Cr
Total assets₹117 Cr₹130 Cr₹145 Cr₹165 Cr₹199 Cr₹226 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 7,032.

Promoters
67.8%
FIIs
1.5%
DIIs
0.5%
Public
30.3%

Since Jun 2025

  • DIIs +0.08 pp
  • Public −0.08 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Over this window FIIs went from 0.0% to 1.5% — +1.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 67.8%, DIIs 0.5%, Public 31.7%.Dec '23: Promoters 67.8%, DIIs 0.6%, Public 31.6%.Mar '24: Promoters 67.8%, FIIs 0.1%, DIIs 0.6%, Public 31.6%.Jun '24: Promoters 67.8%, DIIs 0.5%, Public 31.7%.Sep '24: Promoters 67.8%, Public 32.2%.Dec '24: Promoters 67.8%, Public 32.2%.Mar '25: Promoters 67.8%, FIIs 1.5%, DIIs 0.4%, Public 30.4%.Jun '25: Promoters 67.8%, FIIs 1.5%, DIIs 0.4%, Public 30.4%.Sep '25: Promoters 67.8%, FIIs 1.5%, DIIs 0.4%, Public 30.4%.Dec '25: Promoters 67.8%, FIIs 1.5%, DIIs 0.4%, Public 30.4%.Mar '26: Promoters 67.8%, FIIs 1.5%, DIIs 0.4%, Public 30.4%.Jun '26: Promoters 67.8%, FIIs 1.5%, DIIs 0.5%, Public 30.3%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Dhabriya Polywood Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Digvijay Dhabriya 59.98%unchanged
Ashish Kacholia 5.32%unchanged
Anita Dhabriya 4.34%unchanged
Digvijay Dhabriya Huf 3.05%unchanged
Meru Investment Fund Pcc-Cell 1 FPI fund1.51%unchanged
Gaurav Jain 1.24%unchanged
Prateek Jain 1.02%unchanged
Sandhya Hiran 0.30%unchanged
Usha Jain 0.08%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Attractive

To justify its price of ₹503, this stock must grow earnings at 10% every year for 7 years. Our analysis caps realistic growth at ~45%. At that growth it is worth ₹2831 — upside of 463%.

Growth the price implies
9.7% a year
for 7 years, fading to 4%
It has actually compounded at
44.5% a year
net profit, FY24–FY26 · EPS 44.5%
The gap
-0.3 pp
463% downside if it only repeats history
Price today ₹503.1 Value at the reference growth ₹2,831.05

Change the assumptions yourself →