Duroply Industries CEO, chairman, board of directors and AGM
BSE: 516003Consumer DurablesSmall Cap
Share price at the BSE close on 2 Nov 2026. Previous close ₹100.40.
2 Nov: open ₹102.00, high ₹105.95, low ₹102.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹111 Cr2,592nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 55.41
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.28 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 48.70
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.73
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 1.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.28 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 1.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 6.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.43
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 2,104
Duroply Industries' chairperson is SUDEEP CHITLANGIA and its managing director and CEO AKHILESH CHITLANGIA, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 4 Sep 2026.
Duroply Industries board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonSUDEEP CHITLANGIARelated to the promoter
- Managing director and CEOAKHILESH CHITLANGIA
- Company Secretary and Compliance OfficerKOMAL DHRUV
8 directors4 independent2 executive2 non-executive
- SUDEEP CHITLANGIA · ChairpersonExecutive · joined May 1988 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- AKHILESH CHITLANGIA · Managing director and CEOExecutive · joined May 2022 · reappointed Apr 2024 · 1 listed board
- ARUN KUMAR SINGHANIAIndependent · joined May 2023 · reappointed May 2023 · 37 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SUPARNA CHAKRABORTTIIndependent · joined May 2023 · reappointed May 2023 · 37 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 4 as chair
- KULVIN SURIIndependent · joined Feb 2024 · reappointed Feb 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat
- VINAY AGARWALNon-executive · joined Aug 2022 · 1 listed board · 1 committee seat
- SHIVRAM SETHURAMANIndependent · joined May 2024 · reappointed May 2024 · 25 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair
- ANUP KUMAR AGARWALNon-executive · joined May 2024 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 21 May 20268 of 8 present4 independent · 110 days in between
- 30 Jan 20267 of 8 present3 independent
Audit Committee
Chair ARUN KUMAR SINGHANIA
SUPARNA CHAKRABORTTI, KULVIN SURI
- 21 May 20263 of 3 present3 independent · 110 days in between
- 30 Jan 20263 of 3 present3 independent
Nomination and remuneration committee
Chair KULVIN SURI
SUPARNA CHAKRABORTTI, VINAY AGARWAL
- 30 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SUPARNA CHAKRABORTTI
SUDEEP CHITLANGIA, VINAY AGARWAL
- 30 Jan 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair SUDEEP CHITLANGIA
AKHILESH CHITLANGIA, KULVIN SURI
- 21 May 20262 of 3 present1 independent · 51 days in between
- 30 Mar 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- S K AGRAWAL AND CO CHARTERED ACCOUNTANTS LLPPeer-review certificate valid to Jul 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Duroply Industries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.
Annual general meeting, 4 Sep 2026
7,263 shareholders on the register on 28 Aug 2026; present: 17 promoters and 52 others; votes counted by Atul Kumar Labh / A. K. Labh & Co..The company's voting result
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.85%
Turnout: all 50.36% · promoters 100.00% · institutions 0.00% · other public 0.27%
- To appoint a Director in place of Mr. Akhilesh Chitlangia (DIN: 03120474), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.85%
Turnout: all 50.36% · promoters 100.00% · institutions 0.00% · other public 0.27%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeState Tax Officer -1, Comissioner of State Tax, Rajkot - 2, State of Gujarat - 3, Uniply Décor Limited, Gujarat - 4Since 1 Mar 2024Interim relief granted as per previous Order to continue till further Order.
- Tax disputeState Tax Officer, Rajkot, GujaratSince 23 Apr 2023Hearing awaited.
- Tax disputeThe Union of India, The Assistant Commissioner of CGST & CX, Dibrugarh, and The Commissioner of CGST & CX, Dibrugarh CommissionerateSince 26 Sep 2013Matter is pending before the Gauhati High Court.
- Tax disputePrincipal Commissioner of Income Tax, Kolkata & OthersSince 18 Mar 2021Writ Petition is pending before Calcutta High Court.
- Tax disputeThe Assistant Commissioner of Income TaxSince 27 Mar 2025Appeal is pending
- Tax disputeAssisstant Commissioner of SGST, Circle -I, Ward-I, Jaipur -IIISince 30 May 2025Appeal is pending
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesSep 2025 | – | The company intends to utilize the net proceeds from the Preferential Allotment towards Working capital requirements and general corporate purposes. | – | – | No |