Dhabriya Polywood Limited (538715) Earnings Call Transcripts

Dhabriya Polywood Limited's Latest Earnings Call - Q4 FY2026

Dhabriya Polywood Limited reported its Q4 and FY '26 earnings, showcasing a 12.5% year-on-year revenue growth to INR 264 crores. The company achieved a significant increase in profitability, with EBITDA rising by 45.6% and PAT by 67.2%, driven by an improved product mix and operational efficiencies. Despite falling short of revenue targets due to project execution delays, the company maintains a strong order book of INR 174 crores, providing robust revenue visibility. Management has guided for a 30% CAGR revenue growth over the long term, supported by a strategic INR 100 crores CapEx program aimed at expanding manufacturing capabilities and product lines.

Reported metrics

Guidance from management

Management maintained a 30% CAGR revenue growth target over the long term, supported by a strong order book and strategic CapEx investments.

What management said

Yes. See, current breakup of the last financial year's revenue, so approximately [ 84% ] revenue came from the -- our polymer-based product, PVC and uPVC, and 16% -- around INR 43 crores came from the modular furniture. So far the margin is concerned, that EBITDA margin for the polymer division that margins were a little higher as compared to the modular furniture, but we are gradually announcing our modular line a...

Our last year capacity utilization was -- for around 66% for PVC profile extrusion. Maximum with the capacity considering the numbers of SKUs, 80% is the benchmark. But when we go for the addition of the new profiles or the new product lines, we need to increase the lines also. So the capacity announcement is a continuous activity. It keeps on. But yes, with the existing capacity itself, we can surely achieve more th...

What analysts pressed on

Analysts expressed concerns about the execution delays impacting revenue targets and the impact of raw material price volatility on margins. Questions were raised about the sustainability of current margins given the recent price hikes.

Main topics on the call

• Revenue Growth and Profitability — Revenue grew by 12.5% to INR 264 crores, with EBITDA increasing by 45.6% and PAT by 67.2%. Management highlighted an EBITDA margin expansion to 20.6% from 16% last year.
• Order Book and Revenue Visibility — The company reported a strong order book of INR 174 crores, providing excellent revenue visibility despite execution delays. Management stated, 'this is a matter of timing, not a loss of business.'
• CapEx and Expansion Plans — Dhabriya Polywood plans a INR 100 crores CapEx over FY '26 to FY '28 to expand its manufacturing footprint, including new product lines like WPC doors and aluminum windows.
• Segment Performance — The core plastic product segment grew by over 13% in revenue, with a 63% increase in profitability. The modular business also showed improved operating efficiency.

Read the full Dhabriya Polywood Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 2 Dhabriya Polywood Limited earnings call transcripts on record, spanning May 26, 2025 to May 27, 2026. The most recent call on file is dated May 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

538715

Exchange

BSE

Country

IN

Sector

Industrials

Industry

Building Products

Calls on record

2

First call

May 26, 2025

Most recent

May 27, 2026