Duroply Industries Limited manufactures and sells plywood and allied products in India.
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.
7 Day Return
1 Year Return
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.
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
Is Duroply Industries undervalued compared to its fair value and its price relative to the market?
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).
How is Duroply Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Duroply Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Duroply Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Duroply Industries performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sudeep Chitlangia (54yo)
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.
|MD & Executive Director||no data||₹5.74m||7.07% ₹16.8m|
|Whole-Time Director||23.67yrs||no data||no data|
|Non-Executive & Independent Director||9.17yrs||₹80.00k||no data|
|Non-Executive & Independent Director||44.08yrs||₹81.00k||no data|
|Non-Executive & Independent Director||14.5yrs||₹68.50k||no data|
|Non-Executive & Independent Director||17.83yrs||₹86.00k||no data|
|Non Executive Director||5.42yrs||₹50.00k||4.2% ₹10.0m|
Experienced Board: 516003's board of directors are seasoned and experienced ( 17.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Duroply Industries Limited's company bio, employee growth, exchange listings and data sources
- 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
- Duroply Industries Limited
- North Block
- 4th Floor
- West Bengal
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|516003||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2002|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 12:44|
|End of Day Share Price||2020/07/06 00:00|
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.