Dhabriya Polywood Q1 FY27 PAT Reaches Record ₹8.86 Crore

During Q1 FY27 ended June 30, 2026, Dhabriya Polywood Limited reported its highest-ever quarterly PAT of ₹8.86 crore, while consolidated revenue from operations rose 10.0% year-on-year to ₹68.31 crore. The company also recorded its highest quarterly EBITDA, supported by premiumisation and operating efficiencies.

What did Dhabriya Polywood report for Q1 FY27?

Dhabriya Polywood reported consolidated revenue from operations of ₹68.31 crore for Q1 FY27, compared with ₹62.09 crore in Q1 FY26. The 10.0% year-on-year increase came alongside EBITDA of ₹15.76 crore and profit after tax of ₹8.86 crore, according to its investor presentation for the quarter ended June 30, 2026.

The company described both EBITDA and PAT as its highest-ever quarterly levels. Its reported operating margin was 23.1%, indicating that earnings grew with support from product mix and operating efficiencies rather than revenue growth alone. The presentation attributed the performance to premiumisation and efficiency measures across operations.

How did the quarterly result unfold?

The unaudited consolidated and standalone results for the quarter ended June 30, 2026 were approved by Dhabriya Polywood's board after review and recommendation by its audit committee. The company filed the results on August 12, 2026, together with the limited review report. Its investor presentation on the quarterly performance was also filed under Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations.

The company operates across extruded PVC profiles, uPVC and aluminium windows and doors, modular furniture, and other value-added building-material categories. Management linked the latest margin improvement to a favourable product mix, higher capacity utilisation and disciplined pricing. These factors had also been cited in the company's earlier communication on its record Q2 FY26 performance.

What is behind Dhabriya Polywood's expansion plan?

Dhabriya Polywood has identified new products and capacity investments as part of its FY27 growth plan. Commercialisation of WPC doors and wall and ceiling panels is targeted for Q2 FY27. The company has also said its aluminium windows and façade business is progressing towards becoming a meaningful growth contributor.

For FY27, Dhabriya Polywood has set a revenue target of ₹330 crore to ₹350 crore, implying its stated growth objective of 25% to 30%. It has outlined capital expenditure of ₹30 crore to ₹40 crore for upgrades and new facilities, while a Jaipur aluminium façade division is planned during FY27. The company reported an unexecuted project order book of ₹174 crore, which provides visibility into work yet to be executed but does not by itself establish the timing of revenue recognition.

How does the latest quarter compare with earlier performance?

The Q1 FY27 numbers follow a strong Q2 FY26, when Dhabriya Polywood reported revenue of ₹67.00 crore, EBITDA of ₹13.70 crore and PAT of ₹7.60 crore. The company had said then that revenue grew 15.4%, EBITDA rose 48.9% and PAT increased 82.0%, supported by its diversified product portfolio and improved margins.

Its distribution and product-development base remains relevant to the expansion strategy. Dhabriya Polywood has disclosed a pan-India network of more than 800 dealers and 15 design patents. For FY26, it reported return on capital employed of 25.7% and return on equity of 26.3%. The B2B segment contributes 55% to 60% of revenue, while value-added PVC solutions contribute ₹45 crore, according to the disclosed business information.

What has been the market relevance of Dhabriya Polywood's results?

The reported Q1 figures give investors an updated measure of execution against the FY27 revenue target and planned capital expenditure. Revenue of ₹68.31 crore and PAT of ₹8.86 crore demonstrate growth in the first quarter, while the 23.1% operating margin places attention on whether the company can maintain its stated gains from mix, utilisation and pricing as it adds new product lines.

The stock has moved an average of plus or minus 1.7% across its last two priced result releases, based on the supplied market data. In the cited Q2 FY26 release, the share price moved from ₹396.85 before the result to ₹399.65 after it, a gain of 0.7%. This limited result-release data shows that immediate share-price movements have been modest and should not be treated as an indicator of future market performance.

Conclusion

Dhabriya Polywood's Q1 FY27 result combined 10.0% revenue growth with its highest-ever quarterly EBITDA and PAT. Revenue reached ₹68.31 crore, EBITDA was ₹15.76 crore and PAT stood at ₹8.86 crore, reflecting the effect of premiumisation and operating efficiencies cited by management. The quarter also provides a financial reference point for the company's broader building-material and value-added product portfolio.

The next disclosed milestones are the targeted Q2 FY27 commercialisation of WPC doors and wall and ceiling panels, progress in the aluminium windows and façade business, and execution of the ₹174 crore unexecuted project order book. Investors can also track deployment of the planned ₹30 crore to ₹40 crore FY27 capital expenditure against the company's revenue target of ₹330 crore to ₹350 crore.