DOMS Industries Q3FY26 Results: 18.2% Revenue Growth with Strategic JV Formation
DOMS Industries delivered robust Q3FY26 results with consolidated revenue growing 18.2% YoY to ₹592.2 crores and net profit increasing 13.1% to ₹614.08 crores. The Board approved formation of a 50:50 Joint Venture with Seven SpA focusing on backpacks and bags, incorporation of DOMS Foundation for CSR initiatives, and allotment of 525 equity shares under ESOP 2023.
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DOMS Industries Limited has delivered strong financial performance for Q3FY26, demonstrating sustained growth across its diversified product portfolio. The stationery and art products manufacturer reported consolidated revenue growth of 18.2% year-on-year, reflecting robust demand across domestic and international markets.
Financial Performance Overview
The company's Q3FY26 results showcase consistent execution with revenue from operations reaching ₹592.2 crores compared to ₹501.1 crores in Q3FY25. Sequential growth of 4.3% from Q2FY26 further highlights the sustained momentum. The consolidated net profit stood at ₹614.08 crores versus ₹542.80 crores in the corresponding period last year.
| Financial Metric: | Q3FY26 | Q3FY25 | YoY Growth | 9MFY26 | 9MFY25 | YoY Growth |
|---|---|---|---|---|---|---|
| Revenue (₹ cr): | 592.20 | 501.11 | 18.20% | 1,722.38 | 1,403.90 | 22.70% |
| Net Profit (₹ cr): | 614.08 | 542.80 | 13.13% | 1,813.64 | 1,622.56 | 11.78% |
| EBITDA (₹ cr): | 103.00 | 87.80 | 17.30% | 301.70 | 260.20 | 15.90% |
| EBITDA Margin: | 17.46% | 17.53% | - | 17.50% | 18.50% | - |
| PAT (₹ cr): | 61.40 | 54.30 | 13.10% | 181.40 | 162.30 | 11.80% |
| PAT Margin: | 10.40% | 10.80% | - | 10.50% | 11.60% | - |
Strategic Corporate Developments
The Board of Directors approved several significant strategic initiatives during their meeting held on January 30, 2026. The company announced the formation of a 50:50 Joint Venture with Seven SpA, a F.I.L.A. Group company, focusing on backpacks, pencil cases and bags. The JVC will leverage collective industry capabilities to supply products globally for the F.I.L.A. Group and develop differentiated products for the Indian market.
| JV Parameter: | Details |
|---|---|
| Partner: | Seven SpA (F.I.L.A. Group Company) |
| Shareholding: | 50:50 Joint Venture |
| Initial Investment: | Up to ₹15.00 crores |
| Target Completion: | June 30, 2026 |
| Focus Products: | Backpacks, pencil cases, bags |
Corporate Social Responsibility Initiative
The company incorporated DOMS Foundation under Section 8 of The Companies Act, 2013, to enhance the effectiveness and reach of the Group's CSR initiatives. The foundation will promote, undertake, plan, organize, implement and execute various Corporate Social Responsibility initiatives, adopting a focused strategy to meet community needs and tackle societal challenges.
Business Segment Performance
According to Managing Director Santosh Raveshia, the quarterly growth was primarily driven by sustained performance across multiple categories including Scholastic Art Material, Office Supplies, Kits & Combos, Hobby & Craft segment, and Baby hygiene business. The baby hygiene segment showed healthy growth driven by winter demand for diapers and enhanced capacity.
Employee Stock Option Plan
The Board approved the allotment of 525 equity shares of face value ₹10 each pursuant to the exercise of options under DOMS Industries Limited - Employee Stock Option Plan 2023. The exercise price per share was ₹250 with a premium of ₹240 per share. Consequent to this allotment, the paid-up equity share capital increased to ₹60.69 crores comprising 6,06,88,336 equity shares.
| ESOP Details: | Specifications |
|---|---|
| Shares Allotted: | 525 equity shares |
| Face Value: | ₹10 per share |
| Exercise Price: | ₹250 per share |
| Premium: | ₹240 per share |
| New Share Capital: | ₹60.69 crores |
Future Outlook and Expansion Plans
The company remains focused on commencing operations from its 44-acre expansion project. While unseasonal rains caused minor construction delays, significant progress has been made with initial building completion expected in Q1FY27 and commercial production anticipated during Q2FY27. Additional capital investments in new capacity additions and process modernization are expected to enhance operational efficiency and support sustained growth.
Historical Stock Returns for DOMS Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.72% | +0.13% | -8.29% | +2.96% | -5.40% | +79.95% |
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