Raw material price volatility
PVC resin and aluminum prices have risen 15-18% due to Middle East crisis; while price hikes have been passed on, sustained volatility could pressure margins.
DHABRIYAPOLYWOOD / Q4-FY26 / risks
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Dhabriya Polywood · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Execution delays in new product verticals
WPC door and aluminum windows divisions are new; any delay in commercial launch or ramp-up could impact FY27 revenue guidance.
Working capital strain from project business
Project-based revenue (aluminum windows, modular furniture) typically involves longer payment cycles; working capital increased in FY26 due to strategic inventory buildup.
Competition in aluminum windows segment
The aluminum windows market is competitive with established international brands; Dhabriya's ability to win orders at competitive pricing is key.