DOMS Industries Limited reported its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The company delivered a steady performance for the year, with consolidated revenue growing by 21.6% year-on-year to ₹2,326.4 Cr. Net profit for the year increased by 12.2% to ₹239.6 Cr compared to the previous year. The board also recommended a final dividend of ₹3.65 per equity share for the financial year ended March 31, 2026, subject to shareholder approval.

Consolidated Financial Performance

For the full year FY26, revenue from operations rose to ₹2,326.4 Cr from ₹1,912.6 Cr in FY25. EBITDA for the year stood at ₹402.6 Cr, a growth of 15.5% year-on-year, with an EBITDA margin of 17.3%. Profit after tax (PAT) for the year was recorded at ₹239.6 Cr, compared to ₹213.5 Cr in the prior year, with a PAT margin of 10.3%.

In the fourth quarter of FY26, revenue grew by 18.7% to ₹604.0 Cr from ₹508.7 Cr in the same period last year. Q4 PAT increased by 13.5% to ₹58.2 Cr, while EBITDA for the quarter was ₹100.9 Cr, up 14.4% year-on-year. Key consolidated metrics for the quarter and full year are summarized below:

Operational Highlights and Outlook

The company's growth was supported by stable demand across key product categories, aided by capacity additions and new product introductions. The baby hygiene segment also recorded positive growth, driven by improved capacity utilization. Management noted that while the latter part of the quarter saw increased volatility in raw material prices and supply chain disruptions due to geopolitical developments, calibrated measures including pricing adjustments have been initiated to mitigate the impact on profitability.

Regarding expansion, DOMS Industries is nearing completion of the initial phase of development in its 45-acre+ project. The first building is on track for completion in Q1 FY27, with commercial production expected to commence towards the end of Q2 FY27. This expansion is expected to enhance operating flexibility and support the next phase of growth.

Doms Industries has received a Final Order from the Office of the Commissioner of Customs (Appeals), Mumbai-II, dated May 05, 2026. The order was issued under Section 128A of the Customs Act, 1962, concerning the alleged misclassification of certain goods imported by the company, which resulted in a short payment of Goods and Services Tax (GST).

The Final Order upholds the earlier Order-in-Original dated November 30, 2023, issued by the Office of the Commissioner of Customs, NS-V. While the appeal against the original order was dismissed, the Final Order includes a modification limited to the recalculation of the demand. The company received this communication on May 19, 2026.

Financial Implications

The order specifies the recovery of a differential GST amount of ₹13,36,018. In addition to the tax amount, the authority has imposed a penalty of ₹13,36,018 and a redemption fine of ₹20,00,000. Interest will also be charged as per the provisions of Section 28AA of the Customs Act, 1962.

Company Response

DOMS Industries stated that it is currently evaluating appropriate legal remedies against the Final Order. The company intends to take further steps as advised within the prescribed time limit. Despite the financial implications of the order, the company disclosed that there is no material impact on its financial, operations, or other activities.