Dhabriya Polywood Ltd Detail
Dhabriya Polywood Ltd is in portfolio of Mukul Agarwal. He is one of the top investors in India. The company belongs to Housing Materials sector.
As per the Company website it is in business of creating housing materials used for interior decoration and other housing items. The Company aims to replace wood work in housing with other alternative products.
Below are list of products offered by the Company
- UPVC Windows and Doors
- PVC Door
- PVC Wall paneling and False Ceiling
- PVC Fencing
- PVC Prefabricated structures
It operates under below brands
- Dynasty – Modular Furniture
- Polywood – PVC items like Windows and Doors
- D Stona – Signature Walls
All the modular furniture is made of Medium Density Fiber Board (MDF), Particle Board, Ply Board and various types of Laminates, which are made out of agricultural wastes or without using natural wood sources.
It has head office in Jaipur. It has manufacturing locations in Jaipur and Coimbatore.
I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.
Dhabriya Polywood Ltd Stock Performance
The stock got listed during bull run phase of the market. It got listed at 13 INR mark and gave close to 10 times return in short span of three years due to bull run in market. the Stock peaked out in year 2018 and ha been consistently going down since then.
It is currently trading around three times above the listing price which can be considered decent gain by investors. As it is falling continuously for last one year or more people should be cautious before making an investment decision in this counter.
Dhabriya Polywood Ltd My Opinion
Dhabriya Polywood Ltd is a Housing Materials (Interior items) Company. It creates PVC doors and windows. This is major product from the Company. It has also ventured into different segments like Furniture and Signature walls.
With recent push from Government on Environment protection and Affordable housing this sector will see growth.As of now this sector is dominated by unorganized local players. Wood still make the largest share of material used in Door and Window construction.
There is room for growth. If the Company can eat into market share of unorganized players and transformation from wood to PVC and MDF based materials. The Signature walls is premier product from the Company. It serves luxury housing needs of a customer.
So the Company operates in sector which have potential to grow. The only problem is products have longer shelf life to replacement work will be less. These products are mainly used during new construction. India still have good housing demands so there will be visible growth in this space.
You can add this Company in your radar. I have already invested in this sector (Housing sector) not in Company with these products. I will track this Company for more details of it.
In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.