Duroply Industries Limited

Manufacturer of plywood, doors, and tea products under the brand 'Duro' with ISO certifications.

1957 | Kolkata, West Bengal (India) | Active
Last Updated:

Duroply Industries Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 9.86 Cr
  • Company Age 67 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 96.13 Cr
  • Satisfied Charges ₹ 258.99 Cr
  • Revenue Growth 5.35%
  • Profit Growth -157.40%
  • Ebitda 389.52%
  • Net Worth -8.86%
  • Total Assets -1.79%

About Duroply Industries

Duroply Industries Limited (DIL) was founded in India on 26 June 1957 and has a glorious history of 67 years and eight months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 516003.

The Corporate was formerly known as Sarda Plywood Industries Ltd. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 9.86 Cr.

The company currently has active open charges totaling ₹96.13 Cr. The company has closed loans amounting to ₹258.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Duroply Industries Limited India are Pawan Verma as CFO and Komal Dhruv as Company Secretary. Sudeep Chitlangia, Arun Singhania, Akhilesh Chitlangia, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L20211WB1957PLC023493

  • Company No.

    023493

  • Stock Symbol

    BSE : 516003

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1957

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Manufacturing

What products or services does Duroply Industries Limited offer?

Duroply Industries Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Wood Boards, Doors and Windows, Wooden Door, Plywoods, Duro Plywood, Plywood Boards, Musical Equipment & Accessories, Indian Musical Instruments, Digital Video Recorder.

Who are the key members and board of directors at Duroply Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Akhilesh Chitlangia Country flag representing In Managing Director30-May-2022Current
Pawan Verma CFO09-Aug-2022Current
Komal Dhruv Country flag representing In Company Secretary30-May-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Suparna Chakrabortti Country flag representing In Director 19-May-2023Current
Shivram Sethuraman Country flag representing In Director 17-May-2024Current
Sudeep Chitlangia Country flag representing In Whole-Time Director 27-May-1988Current
Arun Singhania Country flag representing In Director 19-May-2023Current
Kulvin Suri Country flag representing In Director 13-Feb-2024Current
Vinay Agarwal Country flag representing In Director 09-Aug-2022Current

Financial Performance of Duroply Industries.

Duroply Industries Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.35% increase. The company also saw a substantial fall in profitability, with a 157.4% decrease in profit. The company's net worth dipped by a decrease of 8.86%.

Duroply Industries revenue growth over time
Duroply Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5.35%
Revenue from Operations
5.27%
Total Assets
-1.79%
Profit or Loss
-157.40%
Net Worth
-8.86%
EBITDA
389.52%

What is the Ownership and Shareholding Structure of Duroply Industries?

In 2023, Duroply Industries had a promoter holding of 58.06% and a public holding of 41.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.13 Cr

Satisfied Charges

₹258.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 85.40 Cr
  • Tata Capital Financial Services Limited : 9.00 Cr
  • Hdfc Bank Limited : 1.22 Cr
  • Axis Bank Limited : 0.52 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2024Axis Bank Limited₹3.45 MOpen
09 May 2024Hdfc Bank Limited₹2.05 MOpen
26 Apr 2024Axis Bank Limited₹1.72 MOpen
20 Sep 2023Tata Capital Financial Services Limited₹9.00 CrOpen
08 May 2023Hdfc Bank Limited₹1.85 MOpen

How Many Employees Work at Duroply Industries?

Duroply Industries has a workforce of 625 employees as of Aug 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Duroply Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Duroply Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Duroply Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Duroply Industries

Recent activity within the organization

  • Charges

    A charge registered on 25 Jun 2012 via Charge ID 10366033 with State Bank Of India was fully satisfied on 07 Oct 2024.

  • Charges

    A charge registered on 16 May 2012 via Charge ID 10358179 with Others was fully satisfied on 07 Oct 2024.

  • Annual General Meeting

    Duroply Industries Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100951795 was registered on 16 Jul 2024.

  • Charges

    A charge with Others of Rs. 85.40 Cr registered on 12 Nov 1997 with Charge ID 80010301 was modified on 29 Jun 2024.

  • Director Appointment

    Anup Kumar Agarwal was appointed as a Director was appointed as a Director on 17 May 2024 & has been associated with this company since 9 months 25 days .

Frequently asked questions

  • What is the Incorporation or founding date of Duroply Industries Limited?

    Duroply Industries Limited was incorporated on 26 Jun 1957.

  • What is authorized share capital and paid-up capital of Duroply Industries Limited?

    The authorized share capital of Duroply Industries Limited is ₹ 25.00 Cr and paid-up capital is ₹ 9.86 Cr.

  • Who are the current board members & directors of Duroply Industries Limited?

    Currently 10 directors are associated with Duroply Industries Limited.

    • Sudeep Chitlangia
    • Arun Kumar Singhania
    • Akhilesh Chitlangia
    • Kulvin Suri
    • Vinay Agarwal
    • Suparna Chakrabortti
    • Anup Kumar Agarwal
    • Shivram Sethuraman
    • Pawan Kumar Verma
    • Komal Dhruv

  • What is the registered address of Duroply Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Duroply Industries Limited is 9, Parsee Church Street India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Duroply Industries Limited?

    The corporate identification number (CIN) of Duroply Industries Limited is L20211WB1957PLC023493 and the company number is 023493 as per Ministry of Corporate Affairs (MCA).

  • Is Duroply Industries Limited registered with any stock exchange in India?

    Yes, Duroply Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Duroply Industries Limited?

    The Official website of Duroply Industries Limited is https://www.duroply.in

  • What has been the recent revenue trend for Duroply Industries Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Duroply Industries Limited has risen by 5.35%.

  • How many employees does Duroply Industries Limited currently have?

    As Per 2022 financial reports, 625 employees are currently employed by Duroply Industries Limited.

  • What change has been observed in the net worth of Duroply Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Duroply Industries Limited has experienced an downturn of -8.86%.

  • What are the total open charges for Duroply Industries Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Duroply Industries Limited amount to ₹ 96.13 Cr.

  • When was the last Balance Sheet of Duroply Industries Limited filed with the ROC?

    The most recent Balance Sheet for Duroply Industries Limited was filed with the ROC on 31 Mar 2024.

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