Intimation of Receipt of Work orders by Dhabriya Polywood Limited and it''s wholly owned subsidiary company i.e. Dynasty Modular Furnitures Private Limited.
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Dhabriya Polywood Ltd and its wholly owned subsidiary Dynasty Modular Furnitures Pvt. Ltd. have received work orders/LOIs from Godrej Group worth a total of Rs 25.30 Crore (inclusive of GST). The order for Dhabriya Polywood is for Fagade Glazing, Aluminium Door & Window works valued at Rs 16.10 Crore, to be completed over 24 months. The order for Dynasty Modular Furnitures is for Modular Kitchen Works valued at Rs 9.20 Crore, to be completed over 12 months. Both orders are domestic, with no related party or promoter interest in Godrej Group.
This is a positive development as it confirms revenue visibility of Rs 25.30 Crore over the next 12-24 months from a reputed client (Godrej Group), with no related party concerns. The order win could boost order book and support future revenue growth.