Duroply Industries

Duroply's Q3 FY26 revenue grew 3.6Current reported value: 3.6. No comparable prior figure is available in the source record.% YoY to ₹93.05 croreCurrent reported value: ₹93.05 crore. No comparable prior figure is available in the source record., but declined 11% QoQ due to pollution-related construction bans in North India. EBITDA rose 23.7% YoY to ₹5.4 croreCurrent reported value: ₹5.4 crore. No comparable prior figure is available in the source record., with margin expanding 90bps to 5.8%Current reported value: 5.8%. No comparable prior figure is available in the source record., driven by a shift to in-house manufacturing (60.7 crore, +11.6% YoY) and gross margin improvement to 37.1%Current 37.1%. Reported change: +290bps YoY.. Management expects Q4 revenue to improve and EBITDA margin to reach 6-6.5%Current reported value: 6-6.5%. No comparable prior figure is available in the source record. for FY26. The branded plywood segment faces intense competition and tight channel liquidity, while timber prices remain stable but fragile. A key risk is the unorganized sector's revival and potential currency-driven raw material cost pressures.