Duroply Industries Limited (516003) Earnings Call Transcripts

Duroply Industries Limited's Latest Earnings Call - Q4 FY2026

In the fourth quarter of FY '26, Duroply Industries Limited reported revenue of INR 111.6 crores, reflecting a 5% year-over-year growth and a significant 20% increase from the previous quarter. The company faced a profit before tax of INR 1.03 crores, impacted by a one-time loss of INR 27.5 lakh due to wage code changes. Management signaled a cautious outlook for FY '27, projecting a 10% to 12% volumetric growth amid inflationary pressures and geopolitical tensions affecting costs.

Reported metrics

Guidance from management

Management projects a volumetric growth of 10% to 12% for FY '27, while acknowledging potential challenges from inflation and geopolitical tensions affecting demand.

What management said

For the cost increase incurred over March and April actually have been passed on to the consumers, partially for May. But we are now seeing a resistance in the market on the -- for further increase in price. So we will keep an eye on that. And whenever we see an opportunity of passing on, we will. But for most parts, we have been able to. Any cost increase going further is going to now be a challenge.

I think overall for the company, we are looking to returning back to double-digit growth in the coming -- in this FY '26 year -- in the year FY '26. I think Tower and Duro, there was a hyper-growth sales of tower. I think that has normalized now. And so the growth across both segments, the premium segment and the mid-segment is now going to be in that range of low to mid-double-digit growth. And to be specific on thi...

What analysts pressed on

Analysts expressed concerns regarding the company's ability to pass on rising costs to consumers, with management noting resistance in the market for further price increases. Additionally, there were worries about the sustainability of profit margins amid ongoing inflationary pressures.

Main topics on the call

• Revenue Growth — Duroply reported a revenue of INR 111.6 crores for Q4 FY '26, a 5% increase year-over-year and a 20% increase quarter-over-quarter. Management emphasized that 'the second half of the year was very challenging for us and ...
• Profitability Challenges — The profit before tax was INR 1.03 crores, affected by a one-time loss related to wage code changes. Management noted that 'cost of labor in the country... is going to go up,' indicating potential ongoing profitability p...
• Gross Margin Decline — Gross margin for Q4 FY '26 decreased to 34.3% from 37% in Q3 FY '26, reflecting cost pressures. Management stated, 'we are taking some steps to get our cost of goods sold under control.'
• Future Growth Initiatives — Management outlined initiatives to drive growth, including expanding the sales force and focusing on B2B customers. They believe there will be a 'significant shift from the unorganized to organized' sector due to supply ...

Read the full Duroply Industries 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 6 Duroply Industries Limited earnings call transcripts on record, spanning February 11, 2025 to May 25, 2026. Based on this history, Duroply Industries Limited reports quarterly. The most recent call on file is dated May 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

516003

Exchange

BSE

Country

IN

Sector

Materials

Industry

Paper and Forest Products

Calls on record

6

First call

February 11, 2025

Most recent

May 25, 2026

Reporting cadence

quarterly