Duroply swings to Q4 loss of ₹2.45 cr, FY profit down 62%
Revenue rose 8.3% to ₹402.67 cr, but deferred tax and exceptional items wiped out profits.
— 1 earlier story on Duroply Industries Ltd. →What's new
- Q4 net loss of ₹2.45 cr against profit of ₹2.73 cr a year ago
- Full-year net profit down 62% to ₹2.94 cr despite 8.3% revenue growth
- Exceptional charge of ₹27.5 lakhs and deferred tax expense of ₹2.94 cr hit earnings
Why it matters
Revenue growth is failing to reach the bottom line. One-time items and a litigation loan disclosure add to concerns about earnings quality for this nano-cap company.
What we're watching
- Whether margins recover in FY27
- Resolution of litigation related to ₹2.27 cr loan
- Impact of new labour code on ongoing costs
The full read
Duroply Industries reported a sharp reversal in Q4 FY26, posting a net loss of ₹2.45 crore compared to a profit of ₹2.73 crore in the same quarter last year. For the full year, net profit fell 62% to ₹2.94 crore even as revenue grew 8.3% to ₹402.67 crore. The earnings were burdened by a deferred tax expense of ₹2.94 crore and an exceptional charge of ₹27.5 lakhs related to new labour code compliance. Additionally, the company disclosed a ₹2.27 crore litigation-related loan. For a nano-cap with a market capitalisation of around ₹142 crore, such volatility in earnings is significant and raises questions about cost control and asset quality.