BSEDuroply Industries LtdMediumNeutral
Announced Fri, 14 Nov · 20:15 IST

Please find enclosed a copy of Presentation on Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2025.

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Duroply Industries reported a strong Q2 FY26 with revenue rising 15.1% year-on-year to Rs 104.49 crore and 11.7% sequentially. EBITDA jumped 57.3% YoY to Rs 6.46 crore, with margins expanding from 4.5% to 6.2% YoY, driven by improved gross margins and operating leverage. Profit after tax surged to Rs 2.41 crore from Rs 0.50 crore in Q2 FY25, a nearly five-fold increase. For H1 FY26, revenue grew 12.8% to Rs 198.03 crore with EBITDA up 46.1% at Rs 11.85 crore, though PAT grew only modestly at 3.7% due to higher interest and depreciation costs. Management highlighted broad-based momentum, outperformance versus the industry average, and continued investment in sales and leadership talent. ROCE (annualized) stood at 10.84%, and the cash conversion cycle improved to 103 days in H1 FY26 from 117 days in FY25.

Likely market impact

Margin expansion and strong earnings growth signal improving business momentum, which is positive for shareholders. However, muted H1 PAT growth and rising interest costs suggest investors should watch for sustained margin delivery and debt reduction in coming quarters.