Dhabriya Polywood Limited , a leading manufacturer of uPVC/PVC profiles, sheets, windows, doors, and modular furniture, has announced robust financial results for the second quarter ended September 30, 2023. The company demonstrated significant growth across key financial metrics, showcasing its strong market position and operational efficiency.

Financial Highlights

The company's consolidated performance for Q2 FY2023-24 shows impressive year-over-year growth:

Half-Year Performance

For the first half of FY2023-24, Dhabriya Polywood continued its growth trajectory:

• Consolidated revenue reached ₹12,908.17 crore, up from ₹9,674.50 crore in H1 FY2022-23, marking a 33.42% increase.
• Net profit rose to ₹1,415.21 crore compared to ₹1,216.73 crore in the previous year, showing a 16.31% growth.

Segment-wise Performance

Dhabriya Polywood operates through two main segments:

1. Plastic Products: This segment, which includes manufacturing and installation of uPVC/PVC profiles, sheets, windows, and doors, reported revenue of ₹5,480.41 crore in Q2 FY2023-24.

2. Modular Furniture: The modular furniture segment generated revenue of ₹1,251.95 crore for the quarter.

Management Commentary

The Board of Directors approved these unaudited financial results at their meeting held on November 11, 2023.

Balance Sheet Highlights

As of September 30, 2023:

• Total assets stood at ₹19,937.15 crore
• The company maintained a cash and cash equivalents balance of ₹652.40 crore

Outlook

The substantial growth in revenue and profitability suggests a positive outlook for Dhabriya Polywood Limited. The company's diverse product portfolio in plastic products and modular furniture segments positions it well to capitalize on the growing demand in the construction and interior design markets.

Note: All figures are in Indian Rupees (INR) and have been converted to crore for clarity.

Dhabriya Polywood Limited , a prominent player in the polywood industry, has announced a significant development in its corporate calendar. The company is set to hold a crucial Board of Directors meeting on September 3, 2025, at its registered office in Jaipur, Rajasthan.

Key Highlights

• Meeting Date: September 3, 2025
• Venue: Registered office of Dhabriya Polywood Limited
• Primary Agenda: Consideration and approval of the Polywood Employee Stock Option Scheme 2025

Details of the Announcement

Dhabriya Polywood Limited has formally notified the BSE Limited about the scheduled board meeting. The company's communication, signed by Company Secretary Sparsh Jain, outlines the primary focus of the meeting: to consider and potentially approve the Polywood Employee Stock Option Scheme 2025.

This development is significant as Employee Stock Option Schemes (ESOS) are often implemented to align the interests of employees with those of the company and its shareholders. Such schemes can serve as powerful tools for employee retention, motivation, and long-term value creation.

Regulatory Compliance

The announcement adheres to the provisions of Regulations 29 & 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This compliance underscores Dhabriya Polywood's commitment to transparency and adherence to regulatory standards in its corporate governance practices.

About Dhabriya Polywood Limited

Dhabriya Polywood Limited, established in 1992, is known for its expertise in manufacturing windows and doors. The company, with its registered office at B-9D(1), Malviya Industrial Area, Jaipur, has been a significant player in the industry for over three decades.

Investors and stakeholders will be keenly watching the outcome of this board meeting, as the proposed Employee Stock Option Scheme could have implications for the company's future growth strategy and employee engagement initiatives.