Damodar Industries Limited , a prominent player in the textile industry, has released its unaudited financial results for the quarter and half-year ended September 30, 2025. The company demonstrated resilience in a challenging market environment, reporting significant growth in net sales while navigating through fluctuations in profitability.

Quarterly Performance Highlights

Damodar Industries showcased a robust increase in net sales for the quarter ended September 30, 2025. The company reported net sales of ₹12,188.87 lakh, marking an impressive 18% growth compared to ₹10,335.24 lakh in the previous quarter. This substantial improvement in top-line performance indicates strong demand for the company's products and effective sales strategies.

Financial Results Overview

Profitability and Earnings

Despite the growth in net sales, the company experienced a slight decline in quarterly profit after tax, which stood at ₹174.68 lakh compared to ₹232.19 lakh in the previous quarter. However, when compared to the same quarter last year (₹73.90 lakh), the company has more than doubled its profit, indicating an overall positive trend in profitability.

The earnings per share (EPS) for the quarter was reported at ₹0.75, a decrease from ₹1.00 in the previous quarter but a significant improvement from ₹0.32 in the same quarter of the previous year.

Half-Yearly Performance

For the half-year ended September 30, 2025, Damodar Industries reported cumulative net sales of ₹22,524.11 lakh, showing a modest increase from ₹21,602.17 lakh in the corresponding period of the previous year. The company's half-yearly profit after tax stood at ₹346.87 lakh, a remarkable turnaround from a loss of ₹76.75 lakh in the same period last year.

Balance Sheet Strength

As of September 30, 2025, Damodar Industries maintains a strong financial position with a paid-up share capital of ₹1,165.00 lakh and total equity of ₹14,744.72 lakh. This solid equity base provides the company with financial stability and the capacity for future growth initiatives.

Additional Corporate Actions

In addition to the financial results, the Board of Directors approved an advertisement for inviting fixed deposits, potentially indicating the company's strategy to raise funds for operational or expansion purposes.

Conclusion

Damodar Industries' latest financial results demonstrate the company's ability to drive sales growth in a competitive market. While facing some pressure on quarter-on-quarter profitability, the year-on-year improvements in both sales and profits showcase the company's resilience and potential for sustained growth. The company's focus on maintaining a strong balance sheet, coupled with its efforts to explore additional funding avenues through fixed deposits, suggests a proactive approach to financial management and future expansion plans.

Damodar Industries Limited , a prominent player in the textile industry, has witnessed a significant change in its promoter shareholding structure. Arunkumar Biyani, a key promoter of the company, has substantially increased his stake through an inter-se transfer of shares.

Transaction Details

Arunkumar Biyani acquired 1,320,000 equity shares, representing 5.66% of Damodar Industries' diluted share capital. This acquisition was executed through an inter-se transfer in the nature of a gift, with no monetary consideration involved. The shares were transferred from fellow promoters Mr. Anil D Biyani and Mrs. Sanju Biyani.

Impact on Shareholding

The transaction has resulted in a notable shift in the promoter group's individual holdings:

As evident from the data, Arunkumar Biyani's shareholding has increased significantly from 5.37% to 23.90% of the company's total share capital. Conversely, the combined holding of the transferors, Anil D Biyani and Sanju Biyani, has decreased from 16.49% to 10.82%.

Regulatory Compliance

The share transfer was conducted under the exemption provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Specifically, it falls under Regulation 10(1)(a)(i) and Regulation 10(1)(a)(ii), which provide exemptions for certain inter-se transfers among qualifying persons.

In compliance with regulatory requirements, the necessary disclosures were made within the specified timeline. The company filed the required disclosure under Regulation 10(5) in advance of the actual transfer date.

Implications

This substantial increase in Arunkumar Biyani's stake strengthens his position within the promoter group of Damodar Industries Limited. While the overall promoter holding remains unchanged, the redistribution of shares among the promoters could potentially influence the company's decision-making dynamics.

It's important to note that this transaction, being a gift transfer between promoters, does not involve any direct capital inflow or outflow for the company. The move appears to be part of the promoter group's internal restructuring strategy.

Investors and market watchers will likely keep a close eye on any subsequent changes in the company's governance or strategic direction following this significant shift in individual promoter holdings.