Tipsheet
What matters at India’s listed companies
Earnings · Plastic Products · Micro cap

Dhabriya Polywood guides for 30% annual revenue growth after profit jumps 67%

The uPVC maker's order book stands at ₹174 crore, and it's spending ₹100 crore to chase two new product verticals.

6 earlier stories on Dhabriya Polywood Ltd.
Mkt cap₹439 cr
P/E14.58×
ROE18.04%
Debt / eq.0.53
Div yld0.17%
₹174 cr Record order book supporting the 30% revenue growth target.

What's new

  • Dhabriya expects 30% long-term revenue CAGR, underpinned by a record ₹174 cr order book.
  • Net profit jumped 67% to ₹30.1 cr in FY26; EBITDA margin reached 20.6%.
  • New WPC door and aluminium facade segments have secured ₹56 cr in orders already.

Why this matters

The 30% CAGR guidance is a public commitment anchored by a book that already covers two-thirds of last year's revenue. The ₹100 cr capex bet on new verticals is the execution risk. Delivering ₹55-60 cr from those segments this year is the first test of whether the target is realistic.

What we're watching

  • Whether the new WPC and aluminium segments hit the ₹55-60 cr FY27 revenue target.
  • Execution of the ₹100 cr capex through FY28 without stretching the balance sheet.
  • If the 30% CAGR holds after the initial year-on-year growth from a low base.

The full read

Dhabriya Polywood delivered a strong FY26. Revenue hit ₹264.5 crore, net profit jumped 67% to ₹30.1 crore, and EBITDA margin reached 20.6%. But the bigger bet is on what comes next. Management is targeting 30% long-term revenue CAGR, a figure anchored by a record order book of ₹174 crore that already covers two-thirds of last year's sales. To fund the push into new WPC door and aluminium facade verticals, the company is deploying ₹100 crore in capex through FY28. Those new segments have already locked in ₹56 crore in orders and are expected to deliver ₹55-60 crore in revenue this financial year. For a nano-cap, the ambition is notable. The test is whether execution can match the projection.

Questions answered

How large is the order book, and what does it cover?
The record order book stands at ₹174 crore. This is about 66% of the ₹264.5 crore revenue generated in FY26, providing near-term revenue visibility.
What is the company's new product strategy?
Dhabriya is entering the domestic WPC door and aluminium facade markets. It has already won orders worth ₹56 crore for these new verticals and expects them to generate ₹55-60 crore in revenue in FY27.
What were the headline financials for FY26?
Revenue was ₹264.5 crore, net profit rose 67% to ₹30.1 crore, and EBITDA margin reached 20.6%. The profit growth was driven by both top-line expansion and margin improvement.
What is the capital expenditure plan?
The company plans to invest ₹100 crore through FY28. The capex is earmarked for building out capacity in the new WPC and aluminium facade segments.
Mentioned: ₹174 cr order book · ₹100 cr capex · FY28
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Dhabriya Polywood Ltd.

Chemicals
₹405 cr
P/E 14.91×

Latest quarter · Dec 2025

Sales₹66 cr
Net profit₹8 cr
Op. margin+21.1%
EPS₹7.08

Strength & growth

Debt / equity0.53×
Current ratio1.76×
Sales CAGR+12.2%
EPS CAGR+17.7%
  1. 30 May 2026 · 3:09 PM IST Dhabriya Polywood guides for 30% annual revenue growth after profit jumps 67%
  2. today Dhabriya Polywood subsidiary bags ₹13.05 cr modular kitchen order from M3M
  3. 26d ago Dhabriya targets 30% annual growth and is spending ₹100 cr to get there.
  4. 27d ago Dhabriya Polywood profit jumps 67% as expansion plans take shape
  5. 27d ago Dhabriya's profit grew 67% on just 12.5% more revenue.