BSE:538715

Stock Analysis Report

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Executive Summary

Dhabriya Polywood Limited manufactures and retails poly vinyl chloride (PVC) and unplastisized poly vinyl chloride (uPVC) products in India and internationally.


Snowflake Analysis

Good value with adequate balance sheet.

Share Price & News

How has Dhabriya Polywood's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 538715's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.4%

538715

0.8%

IN Building

1.8%

IN Market


1 Year Return

-56.2%

538715

-39.6%

IN Building

-23.7%

IN Market

Return vs Industry: 538715 underperformed the Indian Building industry which returned -39.6% over the past year.

Return vs Market: 538715 underperformed the Indian Market which returned -23.7% over the past year.


Shareholder returns

538715IndustryMarket
7 Day2.4%0.8%1.8%
30 Day6.2%-8.6%-0.5%
90 Day-32.4%-35.8%-22.2%
1 Year-56.2%-56.2%-37.1%-39.6%-22.2%-23.7%
3 Year-78.0%-78.0%-28.1%-32.5%-12.1%-16.8%
5 Year-16.9%-16.9%25.1%12.4%4.5%-5.7%

Price Volatility Vs. Market

How volatile is Dhabriya Polywood's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Dhabriya Polywood undervalued compared to its fair value and its price relative to the market?

1.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 538715 (₹27.6) is trading below our estimate of fair value (₹27.92)

Significantly Below Fair Value: 538715 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 538715 is good value based on its PE Ratio (6.2x) compared to the Building industry average (8.1x).

PE vs Market: 538715 is good value based on its PE Ratio (6.2x) compared to the Indian market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 538715's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 538715 is good value based on its PB Ratio (0.6x) compared to the IN Building industry average (0.6x).


Next Steps

Future Growth

How is Dhabriya Polywood forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dhabriya Polywood has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Dhabriya Polywood performed over the past 5 years?

7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 538715 has high quality earnings.

Growing Profit Margin: 538715's current net profit margins (4.2%) are lower than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: 538715's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: 538715's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 538715 had negative earnings growth (-21%) over the past year, making it difficult to compare to the Building industry average (1.2%).


Return on Equity

High ROE: 538715's Return on Equity (10%) is considered low.


Next Steps

Financial Health

How is Dhabriya Polywood's financial position?


Financial Position Analysis

Short Term Liabilities: 538715's short term assets (₹717.2M) exceed its short term liabilities (₹466.2M).

Long Term Liabilities: 538715's short term assets (₹717.2M) exceed its long term liabilities (₹212.1M).


Debt to Equity History and Analysis

Debt Level: 538715's debt to equity ratio (88.5%) is considered high.

Reducing Debt: 538715's debt to equity ratio has reduced from 143.2% to 88.5% over the past 5 years.

Debt Coverage: 538715's debt is well covered by operating cash flow (22.6%).

Interest Coverage: 538715's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Dhabriya Polywood's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 538715's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 538715's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 538715's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 538715's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 538715's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average board tenure


CEO

Digvijay Dhabriya (54yo)

5.67yrs

Tenure

₹8,400,000

Compensation

Mr. Digvijay Dhabriya has been the Chairman and Managing Director of Dhabriya Polywood Limited since September 1, 2014. Mr. Dhabriya has overall experience of 25 years in the various business activities ra ...


CEO Compensation Analysis

Compensation vs Market: Digvijay's total compensation ($USD110.75K) is above average for companies of similar size in the Indian market ($USD50.17K).

Compensation vs Earnings: Digvijay's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Digvijay Dhabriya
Chairman & MD5.67yrs₹8.40m69.5% 207.6m
Anita Dhabriya
Whole-Time Director5.83yrs₹1.86m4.34% 13.0m
Mahendra Karnawat
Whole-Time Director20yrs₹1.44m0.43% 1.3m
Shreyansh Dhabriya
Whole Time Director5.83yrs₹2.40m0.48% 1.4m

5.8yrs

Average Tenure

49.5yo

Average Age

Experienced Board: 538715's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Dhabriya Polywood Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dhabriya Polywood Limited
  • Ticker: 538715
  • Exchange: BSE
  • Founded: 1992
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ₹298.749m
  • Shares outstanding: 10.82m
  • Website: https://www.polywood.org

Location

  • Dhabriya Polywood Limited
  • B-9D(1), Malviya Industrial Area
  • Jaipur
  • Rajasthan
  • 302017
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538715BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2014

Biography

Dhabriya Polywood Limited manufactures and retails poly vinyl chloride (PVC) and unplastisized poly vinyl chloride (uPVC) products in India and internationally. The company offers uPVC windows and doors, aluminum windows and doors, PVC doors, PVC wall panel and false ceilings, PVC furniture, and PVC fencings; and extruded PVC profile sections and sheets, as well as moldings for various furnishing and furniture applications. Dhabriya Polywood Limited markets and sells its products under the Polywood, Dynasty, and D-Stona, as well as Everluxe and Dyncron brands. The company was formerly known as Dhabriya Agglomerates Limited and changed its name to Dhabriya Polywood Limited in August 2014. Dhabriya Polywood Limited was founded in 1992 and is headquartered in Jaipur, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 13:27
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.