BSE:516003

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Duroply Industries

Executive Summary

Duroply Industries Limited manufactures and sells plywood and allied products in India.


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Duroply Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 516003 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-8.5%

516003

-0.3%

IN Forestry

3.5%

IN Market


1 Year Return

-50.2%

516003

-41.9%

IN Forestry

-5.5%

IN Market

Return vs Industry: 516003 underperformed the Indian Forestry industry which returned -44.7% over the past year.

Return vs Market: 516003 underperformed the Indian Market which returned -8.7% over the past year.


Shareholder returns

516003IndustryMarket
7 Day-8.5%-0.3%3.5%
30 Day2.4%6.7%6.4%
90 Day28.1%20.6%22.9%
1 Year-50.2%-50.2%-25.9%-41.9%-3.7%-5.5%
3 Year-87.5%-87.5%-39.9%-54.2%1.6%-3.1%
5 Year-17.3%-17.3%7.3%-22.0%27.4%17.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Duroply Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 516003 (₹34) is trading below our estimate of fair value (₹108.78)

Significantly Below Fair Value: 516003 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 516003 is poor value based on its PE Ratio (30.6x) compared to the Forestry industry average (7.3x).

PE vs Market: 516003 is poor value based on its PE Ratio (30.6x) compared to the Indian market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 516003's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 516003 is good value based on its PB Ratio (0.3x) compared to the IN Forestry industry average (0.7x).


Next Steps

Future Growth

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

18.7%

Forecasted Materials 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 Duroply Industries 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 Duroply Industries performed over the past 5 years?

24.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 516003 has a large one-off gain of ₹2.5M impacting its December 31 2019 financial results.

Growing Profit Margin: 516003 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 516003 has become profitable over the past 5 years, growing earnings by 24.9% per year.

Accelerating Growth: 516003 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 516003 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (-9%).


Return on Equity

High ROE: 516003's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is Duroply Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 516003's short term assets (₹989.0M) do not cover its short term liabilities (₹1.1B).

Long Term Liabilities: 516003's short term assets (₹989.0M) exceed its long term liabilities (₹159.0M).


Debt to Equity History and Analysis

Debt Level: 516003's debt to equity ratio (62.8%) is considered high.

Reducing Debt: 516003's debt to equity ratio has reduced from 251.9% to 62.8% over the past 5 years.

Debt Coverage: 516003's debt is well covered by operating cash flow (29.5%).

Interest Coverage: 516003's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Duroply Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 516003's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 516003'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 516003's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 516003'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 516003'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?

17.8yrs

Average board tenure


CEO

Sudeep Chitlangia (54yo)

no data

Tenure

₹5,741,219

Compensation

Mr. Sudeep Chitlangia serves as the Managing Director of Duroply Industries Limited and has been its Director since May 27, 1988. 


CEO Compensation Analysis

Compensation vs Market: Sudeep's total compensation ($USD76.92K) is above average for companies of similar size in the Indian market ($USD49.50K).

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


Board Members

NamePositionTenureCompensationOwnership
Sudeep Chitlangia
MD & Executive Directorno data₹5.74m7.07% 16.8m
Sohan Yadav
Whole-Time Director23.67yrsno datano data
Probir Roy
Non-Executive & Independent Director9.17yrs₹80.00kno data
Ratan Gaggar
Non-Executive & Independent Director44.08yrs₹81.00kno data
Kali Chaudhuri
Non-Executive & Independent Director14.5yrs₹68.50kno data
Sujit Chakravorti
Non-Executive & Independent Director17.83yrs₹86.00kno data
Sheela Chitlangia
Non Executive Director5.42yrs₹50.00k4.2% 10.0m

17.8yrs

Average Tenure

75.5yo

Average Age

Experienced Board: 516003's board of directors are seasoned and experienced ( 17.8 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

Duroply Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Duroply Industries Limited
  • Ticker: 516003
  • Exchange: BSE
  • Founded: 1957
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: ₹237.109m
  • Shares outstanding: 6.46m
  • Website: https://www.duroply.in

Number of Employees


Location

  • Duroply Industries Limited
  • North Block
  • 4th Floor
  • Kolkata
  • West Bengal
  • 700016
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
516003BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2002

Biography

Duroply Industries Limited manufactures and sells plywood and allied products in India. The company operates in two segments, Plywood and Tea. It offers plywood, blockboards, doors, and decorative plywood products under the DURO brand; and veneer visualizer. The company also provides tea products, including black tea under various brands, such as PURMA, DURO, CHITPERI, and BAGHMORA. It offers its products through dealers. The company was formerly known as Sarda Plywood Industries Limited and changed its name to Duroply Industries Limited in December 2018. Duroply Industries Limited was founded in 1957 and is based in Kolkata, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 12:44
End of Day Share Price2020/07/06 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.