DOMS Industries Reports Efficient Utilization of IPO Proceeds in Q2 FY2026

1 min read     Updated on 12 Nov 2025, 12:18 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

DOMS Industries Limited has released its monitoring agency report for Q3 2025, detailing the use of IPO proceeds. Out of Rs 3,327.24 crore raised, Rs 2,493.82 crore has been utilized, with Rs 1,966.58 crore for the proposed project and Rs 527.24 crore for general corporate purposes. The remaining Rs 833.42 crore is invested in fixed deposits. CRISIL Ratings reported no deviations from the IPO objectives. The company also held an Investor/Analyst Conference Call to discuss Q2 FY2026 results.

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*this image is generated using AI for illustrative purposes only.

DOMS Industries Limited , a prominent player in the stationery sector, has released its monitoring agency report for the quarter ended September 30, 2025, detailing the utilization of proceeds from its Initial Public Offering (IPO) conducted in December 2023.

IPO Proceeds Utilization

The company raised net proceeds of Rs 3,327.24 crore from its IPO. As of September 30, 2025, DOMS Industries has efficiently deployed a significant portion of these funds:

Objective Allocated Amount (Rs crore) Utilized Amount (Rs crore) Unutilized Amount (Rs crore)
Part-financing the Proposed Project 2,800.00 1,966.58 833.42
General Corporate Purposes 527.24 527.24 0.00
Total 3,327.24 2,493.82 833.42

During the quarter, the company utilized Rs 500.34 crore for the proposed project and Rs 11.50 crore for general corporate purposes, specifically for working capital requirements including raw material purchases.

Investment of Unutilized Funds

The remaining unutilized proceeds of Rs 885.05 crore (including interest earned) have been prudently deployed in fixed deposits with various banks, earning returns ranging from 4.75% to 7.75%. This strategy ensures that the funds continue to generate returns while awaiting deployment for their intended purposes.

Project Implementation

CRISIL Ratings, the appointed monitoring agency, has reported no deviations from the disclosed objects of the IPO. All utilizations align with the requirements outlined in the offer document, indicating that the company is adhering to its commitments to shareholders.

Investor Relations

In a separate announcement, DOMS Industries held an Investor/Analyst Conference Call on November 11, 2025, to discuss the unaudited financial results for Q2 FY2026. The audio recording of this call has been made available on the company's website, demonstrating DOMS' commitment to transparency and open communication with its investors and analysts.

As DOMS Industries continues to implement its expansion plans and utilize the IPO proceeds, investors and market watchers will likely keep a close eye on the company's progress and financial performance in the coming quarters.

Historical Stock Returns for DOMS Industries

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DOMS Industries Reports 24% Revenue Growth in Q2 FY26, Driven by Diverse Product Portfolio

2 min read     Updated on 11 Nov 2025, 08:27 AM
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Reviewed by
Shriram ShekharScanX News Team
Overview

DOMS Industries Limited announced robust financial results for Q2 FY26. Consolidated revenue increased by 24.1% YoY to ₹567.91 crore, while net profit rose 13.4% to ₹60.87 crore. H1 FY26 saw revenue growth of 25.2% to ₹1,130.19 crore. The company operates in stationery and hygiene product segments. Strategic acquisitions include stakes in Super Treads and Pioneer Stationery. DOMS approved employee stock options and aims for 18-20% annual growth, focusing on expansion projects and strengthening market presence.

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*this image is generated using AI for illustrative purposes only.

DOMS Industries Limited , a leading manufacturer of stationery and art products, has announced its financial results for the second quarter and first half of fiscal year 2026, showcasing robust growth and strategic expansions.

Strong Financial Performance

For Q2 FY26, DOMS Industries reported consolidated revenue of ₹567.91 crore, marking a significant 24.1% year-on-year increase from ₹457.78 crore in Q2 FY25. The company's net profit rose to ₹60.87 crore, up 13.4% from ₹53.67 crore in the same period last year.

Half-Yearly Results

The company's performance for the first half of FY26 was equally impressive:

Particulars (₹ in crore) H1 FY26 H1 FY25 YoY Growth
Revenue from Operations 1,130.19 902.78 25.2%
EBITDA 198.30 172.30 15.0%
Net Profit 120.00 108.00 11.1%

Segment-wise Performance

DOMS Industries operates in two main segments:

  1. Stationery Products: Generated revenue of ₹1,046.74 crore in H1 FY26
  2. Hygiene Products: Contributed ₹83.45 crore to the total revenue in H1 FY26

Strategic Acquisitions and Expansions

The company has been actively pursuing growth opportunities:

  • Acquired a 51% stake in Super Treads Private Limited for ₹6.12 crore in June 2025
  • Increased its holding in Pioneer Stationery Private Limited to 57.50% through an additional investment of ₹5.54 crore in August 2025

Employee Stock Options

The board approved the allotment of 225 equity shares under the Employee Stock Option Plan 2023 at an exercise price of ₹250 per share, aligning employee interests with company growth.

Management Commentary

Santosh Raveshia, Managing Director of DOMS Industries Limited, stated, "Our Q2'FY26 results underscore our disciplined growth approach and strong execution, anchored by a diversified product portfolio that enabled us to navigate the GST reforms transition headwinds effectively."

He added, "The momentum we have built in the first half gives us great confidence in achieving our annual growth target of 18% - 20%, with a bias towards the upper end of the range."

Future Outlook

DOMS Industries is well-positioned to capitalize on India's growing economy and strong domestic consumption base. The company plans to:

  • Commercialize its flagship 44-acre expansion project
  • Continue expanding within the domestic market
  • Strengthen its presence across India through its robust distribution ecosystem
  • Pursue steady growth in international business, supported by its partnership with FILA

With its focus on manufacturing capacity expansion, continuous new product introduction, and deepening consumer reach, DOMS Industries aims to build a future-ready organization that delivers sustainable growth and long-term value for all stakeholders.

Note: All financial figures are based on consolidated results for the period ending September 30, 2025.

Historical Stock Returns for DOMS Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.18%-1.54%-0.76%-10.30%-3.47%+89.21%
DOMS Industries
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