Dhabriya Poly. (538715)
Fast GrowerScore breakdown: P/E: 2/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹394.9 |
| Market Cap | ₹427.45 Cr |
| P/E Ratio | 13.63 |
| ROCE | 20.41% |
| ROE | 23.68% |
| Dividend Yield | 0.2% |
| Profit Growth | 100.52% |
| Debt/Equity | — |
| Sales Growth | 19.6% |
| 52-Week Range | ₹280 — ₹490 |
| Sector | Industrial Products |
| Book Value | ₹49.52 |
Strengths
- Strong profitability with ROE of 23.68% and ROCE of 20.41%.
- Healthy growth: sales up 19.60% and profit up 100.52%.
- Reasonable P/E of 13.63 with a low PEG of 0.23.
- Piotroski F-Score of 7/9 indicates fundamentally sound financials.
Concerns
- High P/B of 7.97 with book value of ₹49.52 leaves little margin of safety.
- 100.52% profit growth may be unsustainable or due to a low base.
- Negligible dividend yield of 0.20% offers little income support.
- Insufficient data on debt/equity and promoter holding raises governance uncertainty.
AI Analysis
At ₹394.90, Dhabriya Poly is neither obviously cheap nor expensively priced on earnings: a P/E of 13.63 is reasonable, but a P/B of 7.97 with book value of just ₹49.52 tells me the market already expects a great deal. As Graham would say, price is what you pay, value is what you get. The business quality is evident in the numbers—ROE of 23.68% and ROCE of 20.41% signal strong capital efficiency, far above typical industrial plastic firms. Yet this is a competitive industry; plastic products rarely enjoy wide economic moats, so I must rely on execution and financial discipline. Growth is impressive: sales up 19.60% and profit up 100.52%, with the latest quarter delivering ₹66 Cr sales and ₹8 Cr net profit. A PEG of 0.23 suggests the market is not paying enough for this momentum. But I am wary of triple-digit profit growth—it may come from a low base, a one-time gain, or a cyclical peak. The Piotroski score of 7/9 supports financial health, but the absence of debt/equity and promoter holding data prevents me from applying my usual margin-of-safety test. A dividend yield of only 0.20% means I am not being paid to wait. If profit growth normalises, the high P/B gives no cushion. I would not chase it today, but I would watch it patiently for a better entry price and evidence that profitability can persist.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer