Duroply Industries Limited · BSE:DUROPLY
Duroply Industries — Q2 FY25 Earnings Presentation
26 slides from Duroply Industries's earnings presentation, Nov 12, 2024
Slide 1: BSE cover letter for investor presentation
Duroply Industries Limited 113 Park Street, North Block 4th Floor Kolkata-700016, Ph: (033) 22652274 Ref: 5404/24-25/0074 November 12, 2024 Department of Corporate Services BSE Limited 25th Floor, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: BSE: 516003 Sub: Investor Presentation De
Slide 2: Investor Presentation | Q2 FY 25
Duroply Industries Limited Investor Presentation | Q2 FY 25
Slide 3: Disclaimer
Disclaimer In this presentation Duroply Industries Limited has used information that is publicly available, including information developed in-house. Information gathered and used is believed to be from reliable sources. Duroply Industries Limited however does not warrant the accuracy, reasonablenes
Slide 4: Who We Are, Financial Performance, Building Blocks
Duroply Industries Limited Investor presentation | Q2 FY 25 Who We Are Financial Performance Building Blocks
Slide 5: A tradition of excellence since 1957 - Products portfolio
Duroply Industries Limited Investor presentation | Q2 FY 25 A tradition of excellence since 1957 Products portfolio Since last 68 years, Duroply has delivered top-grade plywood and allied products to diverse residential, commercial and institutional clients in India. Today, with over 20 offices acro
Slide 6: Resource quality and Accreditations
Duroply Industries Limited Investor presentation | Q2 FY 25 Resource quality The Company's plywood is derived from the finest timbers hand-picked from forests around the world. Accreditations Duro is a member of The Indian Green Building Council (IGBC), validating its commitment to environment frien
Slide 7: Growth for over 6 Decades
Duroply Industries Limited Investor presentation | Q2 FY 25 3rd 10+ Mn 4000+ Generation Sqm. Plywood Duro Company sold in FY 23-24 Retailers Empowering Growth for over 450+ 180+ 12000+ 6 Decades with Design Options Strong Duro Experts across Carpenters & Contractors ble Innovations India Network 26+
Slide 8: Journey through the years
Duroply Industries Limited Investor presentation | Q2 FY 25 Journey through the years O 1957 Inception under the name 1964 Beginning of commercial plywood 1969 1974 First venture into door The Company was manufacturing 1976 First ISI recognized as a public certifications 1986 Registered as a public
Slide 9: Our ever-expanding network
Duroply Industries Limited Investor presentation | Q2 FY 25 Our ever-expanding network •Ludhiana •Ahmedabad •Chandigarh •Mumbai •New Delhi (CO) •Hyderabad •Lucknow •Vijayawada •Patna •Bangalore •Guwahati •Chennai •Jaipur •Raipur •Jammu •Ghaziabad •Dehradun •Bhubaneswar •Ranchi •Agartala •Nagpur •Coc
Slide 10: The strengths of our brand
Duroply Industries Limited Investor presentation | Q2 FY 25 The strengths of our brand and many more...
Slide 11: Financial Performance
Duroply Industries Limited Investor presentation | Q2 FY 25 Who We Are Financial Performance Building Blocks
Slide 12: Financial Performance Scorecard H1 FY 2025
Duroply Industries Limited Investor presentation | Q2 FY 25 Financial Performance ₹ 175.62 (Rs. Crore), Revenue 8.11 (Rs. Crore), EBITDA Scorecard H1 FY 2025 3.81 (Rs. Crore), PAT 7% ROCE
Slide 13: Highlights of Q2 FY 25 | H1 FY 25
Duroply Industries Limited Investor presentation | Q2 FY 25 Highlights of Q2 FY 25 | H1 FY 25 Q2 FY 25 Commenting on the results, Mr. Akhilesh • Revenue at Rs 908.07 Mn, up 9.03% YOY, up 7.07% QOQ Chitlangia, Managing Director, Duroply, • COGS% at 64.4% as against 66.1% YOY and 65.9% QOQ said: • EBI
Slide 14: Abridged Income Statement Q2 FY 25
Duroply Industries Limited Investor presentation | Q2 FY 25 Abridged Income Statement Q2 FY 25 Quarter Ended (Rs. In Mn) Q2 FY25 Q1 FY25 Q2 FY 24 Q-o-Q Y-o-Y Revenue from Operation 908.07 848.15 832.89 7.07% 9.03% Cost of Goods Sold 584.51 559.13 550.86 4.54% 6.11% Gross Margin 323.56 289.02 282.03
Slide 15: Abridged Income Statement H1 FY 25
Duroply Industries Limited Investor presentation | Q2 FY 25 Abridged Income Statement H1 FY 25 Half Year Ended (Rs. In Mn) H1 FY25 H1 FY24 Y-o-Y Revenue from Operation 1,756.23 1,591.49 10.35% Cost of Goods Sold 1,143.65 1,052.65 8.64% Gross Margin 612.58 538.84 13.68% Gross Margin % 34.88% 33.86% O
Slide 16: Working Capital Performance Across the Years
Duroply Industries Limited Investor presentation | Q2 FY 25 Working Capital Performance Across the Years FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25 (H1) Debtor Days 36 38 35 39 42 + Inventory 197 195 134 149 156 - Payable 169 175 119 109 76 = Cash Conversion 64 59 49 79 122 Cycle
Slide 17: How we have grown over the years
Duroply Industries Limited Investor presentation | Q2 FY 25 How we have grown over the years Revenues EBITDA Net Profit EBITDA margin (Rs.in Crores) FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 18.41 6.09 323.42 302.46 12.86 5.23 3.97 3.55 181.32 190.89 6.79 1.01 0
Slide 18: How we have grown over the years
Duroply Industries Limited Investor presentation | Q2 FY 25 How we have grown over the years RoCE % Interest Cover Gearing FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 2.59 0.93 14 0.82 0.47 6 1.58 0.32 0.80 5 -0.04 -3
Slide 19: Historical Income Statement
Duroply Industries Limited Investor presentation | Q2 FY 25 Historical Income Statement (Rs in Mn) FY20 FY21 FY22 FY23 FY24 Revenue from Operation 2065.36 1813.21 1908.85 3024.61 3234.23 Cost of Goods Sold 1129.08 1150.49 1192.27 1960.01 2145.37 Gross Margin 936.28 662.72 716.58 1064.6 1088.86 Gross
Slide 20: Historical Balance Sheet
Duroply Industries Limited Investor presentation | Q2 FY 25 Historical Balance Sheet (Rs. In Mn) Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 (Rs. In Mn) Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 Share Capital 64.64 64.64 64.64 77.76 98.66 Fixed Assets including 1043.41 976.49 1020.56 1016.52 1030.11 Other Equity 66
Slide 21: Building Blocks
Duroply Industries Limited Investor presentation | Q2 FY 25 Who We Are Financial Performance Building Blocks
Slide 22: How we are building our future growth
Duroply Industries Limited Investor presentation | Q2 FY 25 How we are building our future growth The management has invested in a range of initiatives to rejuvenate with speed and effectiveness. Digital People Product GTM Brand investment Growing Mid-market Digitalization Youthfulness segment
Slide 23: Matecia 2024 event and Duro Superstars
Duroply Industries Limited Investor presentation | Q2 FY 25 MATECIA 2024 DURO SUPERSTARS EVENT MEET DEALER ENGAGEMENT INDEPENDANCE DAY TRIP OF A LIFETIME CAMPAIGN REWARDING
Slide 24: Branding activities
Duroply Industries Limited Investor presentation | Q2 FY 25 RWA SOCIETY GATE SMALL GROUP BRANDING ACTIVITY DEALER IN-SHOP DEALER SHOP SIGNAGE BRANDING BOARD BRANDING
Slide 25: Our Executive Team
Duroply Industries Limited Investor presentation | Q2 FY 25 Our Executive Team Mr. Sudeep Chitlangia, Mr. Akhilesh Chitlangia, Mr. Abhishek Chitlangia, Chairman Managing Director & CEO President Mr. Sudeep Chitlangia has over 36 years of Mr. Akhilesh Chitlangia has worked in the Mr. Abhishek Chitlan
Slide 26: Head, Corporate and Registered Office contacts
Duroply Industries Limited Investor presentation | Q2 FY 25 HEAD OFFICE North Block, 4th Floor, 113, Park Street, Kolkata - 700016 CORPORATE OFFICE 1/35, W.H.S. Kirti Nagar, New Delhi - 110 015 REGISTERED OFFICE 9, Parsee Church Street, Kolkata - 700001 Phone: 033-2265 2274 Email: investors@duroply.