Duroply Industries Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹133.58Overvalued by 10.35%vs CMP ₹149.00

P/E (22.4) × ROE (5.2%) × BV (₹140.00) × DY (2.00%)

₹168.21Undervalued by 12.89%vs CMP ₹149.00
MoS: +11.4% (Thin)Confidence: 37/100 (Low)Models: 3 Under, 2 Fair, 2 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹239.8130%Under (+60.9%)
Graham NumberEarnings₹157.5518%Fair (+5.7%)
DCFCash Flow₹107.8614%Over (-27.6%)
Net Asset ValueAssets₹139.8010%Fair (-6.2%)
EV/EBITDAEnterprise₹170.1512%Under (+14.2%)
Earnings YieldEarnings₹78.8010%Over (-47.1%)
Revenue MultipleRevenue₹171.077%Under (+14.8%)
Consensus (7 models)₹168.21100%Undervalued
Key Drivers: EPS CAGR 79.5% lifts DCF — verify sustainability.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 79.5%

*Investments are subject to market risks

Analyst Summary

Duroply Industries Ltd operates in the Laminates segment, NSE: DUROPLY | BSE: 516003, current market price is ₹149.00, market cap is 162 Cr.. At a glance, stock P/E is 22.4, ROE is 5.22 %, ROCE is 7.23 %, book value is 140, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹168.21, which is about 12.9% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹372 Cr versus the prior period change of 15.2%, while latest net profit is about ₹8 Cr with a prior-period change of 700.0%. The 52-week range shown on this page is 270/121, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisDuroply Industries Ltd. is a Public Limited Listed company incorporated on 26/06/1957 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) i…

This summary is generated from the stock page data available for Duroply Industries Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

53
Duroply Industries Ltd scores 53/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health31/100 · Weak
ROCE 7.2% WeakROE 5.2% WeakD/E 3.78 High debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed
Smart Money50/100 · Moderate
Promoter holding at 50.2% Stable
Earnings Quality50/100 · Moderate
OPM stable around 5% Steady
Quarterly Momentum80/100 · Strong
Revenue (4Q): +14% YoY GrowingProfit (4Q): +113% YoY Strong
Industry Rank65/100 · Strong
P/E 22.4 vs industry 174.2 Cheaper than peersROCE 7.2% vs industry 11.7% AverageROE 5.2% vs industry 30.2% Below peers3Y sales CAGR: 25% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:24 am

Market Cap 162 Cr.
Current Price 149
Intrinsic Value₹160.50
High / Low 270/121
Stock P/E22.4
Book Value 140
Dividend Yield0.00 %
ROCE7.23 %
ROE5.22 %
Face Value 10.0
PEG Ratio0.28

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Duroply Industries Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Duroply Industries Ltd 162 Cr. 149 270/12122.4 1400.00 %7.23 %5.22 % 10.0
Ecoboard Industries Ltd 163 Cr. 70.9 77.8/26.2 3.810.00 %40.2 %239 % 10.0
Archidply Industries Ltd 150 Cr. 75.6 121/60.014.0 62.80.00 %9.56 %6.74 % 10.0
Airo Lam Ltd 129 Cr. 85.7 137/79.415.0 53.40.00 %7.78 %4.77 % 10.0
Rushil Decor Ltd 479 Cr. 16.3 34.0/12.552.2 21.70.61 %10.1 %7.96 % 1.00
Industry Average3,299.78 Cr175.17174.1664.690.12%11.65%30.18%5.91

All Competitor Stocks of Duroply Industries Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 71.7484.2275.8683.2979.8284.4684.8290.8189.82106.3593.54104.4993.06
Expenses 68.6479.2871.6179.8376.5783.2781.0586.9885.77101.0588.3898.3388.08
Operating Profit 3.104.944.253.463.251.193.773.834.055.305.166.164.98
OPM % 4.32%5.87%5.60%4.15%4.07%1.41%4.44%4.22%4.51%4.98%5.52%5.90%5.35%
Other Income 0.221.260.190.210.260.250.230.280.321.160.230.300.42
Interest 1.451.881.801.792.072.691.671.821.941.982.192.382.40
Depreciation 0.850.850.880.890.911.011.071.151.221.241.321.421.63
Profit before tax 1.023.471.760.990.53-2.261.261.141.213.241.882.661.37
Tax % 29.41%34.87%26.70%34.34%41.51%-45.58%-163.49%57.02%-1.65%15.74%18.09%9.77%-4.38%
Net Profit 0.722.261.280.650.31-1.233.320.501.222.731.552.411.43
EPS in Rs 0.962.911.650.840.37-1.253.370.511.242.771.572.221.32

Last Updated: February 2, 2026, 5:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 4:25 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 183203182207218228207181191302323372397
Expenses 185197182205214218201182186286311355376
Operating Profit -27034106-1516121722
OPM % -1%3%0%1%2%4%3%-1%3%5%4%5%5%
Other Income 00041121022122
Interest 77777781097879
Depreciation 2222223333456
Profit before tax -10-2-8-2-51-2-5-58179
Tax % -38%-70%-32%0%1%22%76%-49%40%34%0%-13%
Net Profit -6-0-6-2-51-4-2-65188
EPS in Rs -14.32-1.08-12.71-4.16-10.511.52-6.32-3.79-9.776.731.027.887.88
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)100.00%66.67%-150.00%120.00%-500.00%50.00%-200.00%183.33%-80.00%700.00%
Change in YoY Net Profit Growth (%)0.00%-33.33%-216.67%270.00%-620.00%550.00%-250.00%383.33%-263.33%780.00%

Duroply Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:6%
5 Years:12%
3 Years:25%
TTM:14%
Compounded Profit Growth
10 Years:32%
5 Years:26%
3 Years:46%
TTM:68%
Stock Price CAGR
10 Years:17%
5 Years:39%
3 Years:3%
1 Year:-44%
Return on Equity
10 Years:-3%
5 Years:-1%
3 Years:4%
Last Year:5%

Last Updated: September 5, 2025, 3:16 pm

Balance Sheet

Last Updated: December 4, 2025, 2:46 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 5555566668101011
Reserves 1615944737166645781117124141
Borrowings 51455256534955685946486079
Other Liabilities 515449616880877182908699100
Total Liabilities 122119115165199206214209205225260293332
Fixed Assets 1514141610310110498102102103108117
CWIP 0000000000041
Investments 88844000000911
Other Assets 99979310596105110110102122148180213
Total Assets 122119115165199206214209205225260293332

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -112019146-5242-17-3
Cash from Investing Activity + -1-1-11-2-3-24-2-2-101
Cash from Financing Activity + 2-120-3-7-12-2-1-22-0271
Net Cash Flow -0-1-1-0-001-10-01-1
Free Cash Flow -211-127143-0210-18-10
CFO/OP 54%180%256%49%225%145%90%395%496%16%-140%-15%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-53.00-38.00-52.00-53.00-49.00-39.00-49.00-69.00-54.00-30.00-36.00-43.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 545343353638373638353947
Inventory Days 170142173190173179224197195134149165
Days Payable 143141144153150178210169175119109117
Cash Conversion Cycle 825572725939506459497994
Working Capital Days -16-17-26-29-34-27-41-47-49-23536
ROCE %-5%8%-2%2%2%7%3%-2%3%11%6%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 58.06%58.06%58.06%61.52%55.01%55.01%55.01%55.01%55.24%55.24%50.22%50.22%
DIIs 0.14%0.14%0.14%0.12%0.11%0.11%0.11%0.11%0.11%0.11%0.10%0.10%
Public 41.79%41.79%41.80%38.37%44.88%44.88%44.89%44.88%44.65%44.65%49.69%49.68%
No. of Shareholders 6,8456,9507,0707,5057,2407,0466,9916,9757,1487,1757,1987,232

Shareholding Pattern Chart

No. of Shareholders

Duroply Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 18Mar 17Mar 16
FaceValue 10.0010.0010.00
Basic EPS (Rs.) -10.81-4.16-12.59
Diluted EPS (Rs.) -10.81-4.16-12.59
Cash EPS (Rs.) -6.49-0.16-8.83
Book Value[Excl.RevalReserv]/Share (Rs.) 95.99106.9229.98
Book Value[Incl.RevalReserv]/Share (Rs.) 95.99106.9230.53
Revenue From Operations / Share (Rs.) 481.25458.94403.44
PBDIT / Share (Rs.) 9.427.440.08
PBIT / Share (Rs.) 5.113.45-3.78
PBT / Share (Rs.) -10.81-4.16-18.71
Net Profit / Share (Rs.) -10.81-4.16-12.69
NP After MI And SOA / Share (Rs.) -10.66-4.04-12.58
PBDIT Margin (%) 1.951.620.01
PBIT Margin (%) 1.060.75-0.93
PBT Margin (%) -2.24-0.90-4.63
Net Profit Margin (%) -2.24-0.90-3.14
NP After MI And SOA Margin (%) -2.21-0.87-3.11
Return on Networth / Equity (%) -11.11-3.77-41.96
Return on Capital Employeed (%) 4.592.73-7.66
Return On Assets (%) -2.97-1.10-4.92
Long Term Debt / Equity (X) 0.080.110.56
Total Debt / Equity (X) 1.231.103.78
Asset Turnover Ratio (%) 1.201.480.00
Current Ratio (X) 0.790.850.86
Quick Ratio (X) 0.260.270.30
Inventory Turnover Ratio (X) 1.912.020.00
Interest Coverage Ratio (X) 0.590.470.01
Interest Coverage Ratio (Post Tax) (X) 0.320.210.15
Enterprise Value (Cr.) 98.47135.4273.36
EV / Net Operating Revenue (X) 0.450.650.40
EV / EBITDA (X) 23.1140.252023.34
MarketCap / Net Operating Revenue (X) 0.200.390.12
Price / BV (X) 1.051.701.66
Price / Net Operating Revenue (X) 0.200.390.12
EarningsYield -0.10-0.02-0.25

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Duroply Industries Ltd. is a Public Limited Listed company incorporated on 26/06/1957 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L20211WB1957PLC023493 and registration number is 023493. Currently Company is involved in the business activities of Manufacture of veneer sheets; manufacture of plywood, laminboard, particle board and other panels and board. Company's Total Operating Revenue is Rs. 371.79 Cr. and Equity Capital is Rs. 9.87 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
LaminatesNo. 9, Parsee Church Street, Kolkata West Bengal 700001Contact not found
Management
NamePosition Held
Mr. Sudeep ChitlangiaExecutive Chairman
Mr. Akhilesh ChitlangiaManaging Director & CEO
Mr. Vinay AgarwalNon Executive Director
Mr. Anup Kumar AgarwalNon Executive Director
Mr. Arun Kumar SinghaniaIndependent Director
Mrs. Suparna ChakraborttiIndependent Director
Mr. Kulvin SuriIndependent Director
Mr. Shivram SethuramanIndependent Director

FAQ

What is the intrinsic value of Duroply Industries Ltd and is it undervalued?

As of 25 April 2026, Duroply Industries Ltd's intrinsic value is ₹168.21, which is 12.89% higher than the current market price of ₹149.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (5.22 %), book value (₹140), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Duroply Industries Ltd?

Duroply Industries Ltd is trading at ₹149.00 as of 25 April 2026, with a FY2026-2027 high of ₹270 and low of ₹121. The stock is currently near its 52-week low. Market cap stands at ₹162 Cr..

How does Duroply Industries Ltd's P/E ratio compare to its industry?

Duroply Industries Ltd has a P/E ratio of 22.4, which is below the industry average of 174.16. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Duroply Industries Ltd financially healthy?

Key indicators for Duroply Industries Ltd: ROCE of 7.23 % is on the lower side compared to the industry average of 11.65%; ROE of 5.22 % is below ideal levels (industry average: 30.18%). Dividend yield is 0.00 %.

Is Duroply Industries Ltd profitable and how is the profit trend?

Duroply Industries Ltd reported a net profit of ₹8 Cr in Mar 2025 on revenue of ₹372 Cr. Compared to ₹-6 Cr in Mar 2022, the net profit shows an improving trend.

Does Duroply Industries Ltd pay dividends?

Duroply Industries Ltd has a dividend yield of 0.00 % at the current price of ₹149.00. The company is currently not paying meaningful dividends.

Last Updated: April 26, 2026, 1:24 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 516003 | NSE: DUROPLY
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Duroply Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE