Q1 2027 Duroply Industries Ltd Earnings Call Transcript
Key Points
- Revenue grew 6.5% year-over-year to INR99.6 crores in Q1 FY27.
- Gross margin improved to 35.5% from 34.1% in Q1 FY26 and 34.3% in Q4 FY26, driven by better product mix and manufacturing efficiencies.
- Contract manufacturing revenue increased 9.6% year-over-year, showing strong growth in this segment.
- Debtor days improved to 38 days from 42 days in the same period last year, indicating better cash collection.
- The company celebrated its 70th year in business, highlighting brand strength and longevity in the market.
- Profit before tax declined to INR1.04 crores from INR1.88 crores in Q1 FY26, a significant drop.
- EBITDA margin fell to 4.8% from 5.8% in the same quarter last year, impacted by higher brand spend.
- Inventory days increased to 164 days from 145 days year-over-year, indicating higher stock levels.
- Creditor days rose to 93 days from 72 days, suggesting stretched payment terms with suppliers.
- Revenue was down 10.7% quarter-over-quarter, and growth was below expectations, with management expecting improvement only in Q2.
Good morning, ladies and gentlemen. I am pleased to welcome you on behalf of Duroply Industries Limited and SKP Securities to Duroply Industries Q1 FY27 result webinar. We have with us Mr. Akhilesh Chitlangia, MD and CEO.
Since this webinar is being recorded for compliance reasons and during the discussion, there may be certain forward-looking statements. These must be viewed in conjunction with the risks that the company faces.
We will have the opening remarks by Mr. Chitlangia followed by Q&A session. Thank you, and over to you, Akhilesh.
Thanks, Navin. Good morning to everyone, and thank you for joining our earnings webinar for the first quarter FY27. On June 26, 2026, Duroply began its 70th year in business. It's a true hallmark of our longevity and durability in the trade.
I take this moment to thank all our shareholders, investors, trade partners and team members for their
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
