Dhabriya Polywood profit jumps 67% as expansion plans take shape
The building materials maker reported a net profit of ₹30.14 crore for FY26, with revenue rising 12.5% to ₹264.48 crore.
— 6 earlier stories on Dhabriya Polywood Ltd. →What's new
- Net profit grew 67.2% to ₹30.14 crore on a 12.5% revenue increase.
- PAT margins rose by 373 bps to 11.4% for the fiscal year.
- Management targets 30% revenue growth in FY27, backed by a ₹100 crore capex plan.
Why this matters
The 373 bps gain in PAT margins shows the company is becoming more efficient as it scales. A 30% growth target for FY27 is ambitious. Success now rests on the ₹100 crore currently being deployed into extrusion and glazing.
What we're watching
- Execution of the ₹100 crore capex across the two divisions.
- Whether the company can sustain the 11.4% PAT margin in a higher-growth environment.
- Dividend payout consistency following the 70 paise per share recommendation.
The full read
Dhabriya Polywood delivered a strong FY26. Consolidated net profit climbed 67.2% to ₹30.14 crore. Revenue growth was more modest at 12.5%, reaching ₹264.48 crore. This gap indicates the company is keeping more of its revenue as profit. Specifically, PAT margins rose by 373 bps to hit 11.4%. The board has recommended a dividend of 70 paise per share.
Looking ahead, the company is betting on a ₹100 crore capex plan to fuel its next phase of growth. Management is targeting 30% annualised revenue growth in FY27, driven by its extrusion and glazing divisions. For a nano-cap manufacturer, the combination of rising margins and a clear, funded path for future capacity is a positive signal. The next test is whether the company can maintain these margins while scaling its top line at the projected 30% rate. It is a tall order.
Questions answered
- How did Dhabriya Polywood improve its profitability?
- Profitability improved through efficiency gains, with PAT margins rising 373 bps to 11.4% for the year.
- What is the company's growth outlook for the next fiscal year?
- Management expects approximately 30% annualised revenue growth in FY27, supported by new product verticals.
- How is the company funding its expansion?
- The company is currently deploying a ₹100 crore capital expenditure programme across its extrusion and glazing divisions.
- What dividend did the board recommend?
- The board recommended a dividend of 70 paise per share for the year ended March 2026.
Dhabriya Polywood Ltd.
Latest quarter · Mar 2026
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All notes on DHABRIYA →- 26 May 2026 · 11:28 PM IST Dhabriya Polywood profit jumps 67% as expansion plans take shape
- 25d ago Dhabriya Polywood subsidiary bags ₹13.05 cr modular kitchen order from M3M
- 48d ago Dhabriya Polywood guides for 30% annual revenue growth after profit jumps 67%
- 51d ago Dhabriya targets 30% annual growth and is spending ₹100 cr to get there.
- 52d ago Dhabriya's profit grew 67% on just 12.5% more revenue.