Ashish Kacholia Holds 6.67 Per cent Stake: Company Secures Rs 5.24 Crore Order from Puravankara and DLF Groups!

The company’s shares have delivered an impressive return of over 230 per cent in the past 2 years.

Dhabriya Polywood Ltd has secured work orders/Letters of Intent (LOI) from the Puravankara Group and DLF Group for the supply and installation of uPVC and aluminum windows and doors. The total contract value, inclusive of GST, amounts to Rs 5.24 crore, with Rs 3.88 crore attributed to the Puravankara Group for uPVC windows and doors and Rs 1.36 crore to the DLF Group for aluminum windows and doors.

Both projects, awarded by domestic entities, are scheduled to be completed within 12 months in various tranches as per the respective terms of the orders. The company has confirmed that neither its promoters nor group companies have any interest in the awarding entities, and the contracts do not fall under related party transactions, having been executed at arm’s length.

According to the latest update Ashish Kacholia is maintaining his Dhabriya Polywood Ltd to 6.67 per cent.

Dhabriya Polywood Ltd shares opened the day at Rs 374.80 per share. The company’s current market capitalization stands at Rs 412.40 crore. The stock has delivered a return of over 230 per cent in just 2 Years.

As per the Quarterly Results, in the second quarter of FY25, Dhabriya Polywood Ltd recorded a revenue of Rs 58.05 crore. The operating profit for Q2 FY25 stood at Rs 9.18 crore. The net profit for the quarter was Rs 4.18 crore. Looking at the annual performance, the company generated a revenue of Rs 212 crore in FY24, compared to Rs 171 crore in FY23. The operating profit for FY24 was Rs 31 crore, with a net profit of Rs 14 crore.

Investors must keep this Ashish Kacholia-backed Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.