Duroply Industries Ltd (516003) — concall transcript | 30 June 2026

Duroply Industries reported Q1 FY27 revenue of ₹99.6 crores, down 10.7% quarter-on-quarter but up 6.5% year-on-year, with profit before tax falling to ₹1.04 crores from ₹1.88 crores last year. Gross margins improved to 35.5% from 34.1% YoY, driven by better product mix and efficiency gains, while EBITDA margin declined to 4.8% due to higher brand spend at 4% of sales. Management highlighted ongoing cost pressures from the West Asia war but noted progress in inventory and debtor days. They expect double-digit growth in Q2 supported by increased brand investment, though growth remains below expectations.