Doms Industries Ltd
NSE:DOMS
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Doms Industries Ltd
Founded in the vibrant city of Mumbai, Doms Industries Ltd. has etched its name in the maps of stationery suppliers, standing as a powerhouse in the manufacturing and distribution of writing instruments and related products. The company was born out of a fervent desire to transform and rejuvenate the modest world of stationery, an industry that traditionally sauntered along without much fanfare. With a keen focus on product quality and innovation, Doms carved a niche for itself, providing school and office supplies that blend practicality with creativity. The robust catalog includes essentials like pencils, crayons, erasers, and sharpeners, appealing to both educational institutions requiring bulk supplies and individual consumers seeking quality products.
Doms Industries Ltd. capitalizes on an extensive distribution network, a strategic move that allows its products to reach shelves in both urban centers and rural outposts. Revenue generation is anchored in meeting the consistent demand for stationery items, particularly in developing markets where educational growth fuels consumption. By maintaining cost-effective production techniques and embracing sustainable practices, Doms ensures both competitive pricing and a commitment to environmental responsibility. Through direct sales channels, partnerships, and an ever-expanding e-commerce presence, the company has widened its footprint, ensuring that its colorful range of products is accessible to an increasingly global audience, eager for reliable and innovative stationery solutions.
Founded in the vibrant city of Mumbai, Doms Industries Ltd. has etched its name in the maps of stationery suppliers, standing as a powerhouse in the manufacturing and distribution of writing instruments and related products. The company was born out of a fervent desire to transform and rejuvenate the modest world of stationery, an industry that traditionally sauntered along without much fanfare. With a keen focus on product quality and innovation, Doms carved a niche for itself, providing school and office supplies that blend practicality with creativity. The robust catalog includes essentials like pencils, crayons, erasers, and sharpeners, appealing to both educational institutions requiring bulk supplies and individual consumers seeking quality products.
Doms Industries Ltd. capitalizes on an extensive distribution network, a strategic move that allows its products to reach shelves in both urban centers and rural outposts. Revenue generation is anchored in meeting the consistent demand for stationery items, particularly in developing markets where educational growth fuels consumption. By maintaining cost-effective production techniques and embracing sustainable practices, Doms ensures both competitive pricing and a commitment to environmental responsibility. Through direct sales channels, partnerships, and an ever-expanding e-commerce presence, the company has widened its footprint, ensuring that its colorful range of products is accessible to an increasingly global audience, eager for reliable and innovative stationery solutions.
Strong Revenue Growth: Revenue for Q2 FY '26 rose by 24.1% year-on-year to INR 567.9 crores, with domestic sales up 28% and international sales up 18.5%.
Margins Maintained: EBITDA margin for the quarter was 17.5%, within the guided range, despite cost pressures and investments in expansion.
GST Impact: Recent GST rate cuts disrupted sales and led to inventory clearance but management estimates revenue could have been 3–4% higher without this transition.
Expansion Progress: The 44-acre capacity expansion project faced minor delays due to monsoon but first building is expected to be ready by Q4 FY '26, with commercial production from Q1 FY '27.
CapEx on Track: INR 150 crores spent in H1, with full-year CapEx expected to be INR 210–225 crores.
Guidance Unchanged: Full-year revenue growth guidance remains at 18–20% despite strong H1, as base period effects will normalize in H2.
Portfolio & Brand Initiatives: New product launches, digital campaigns, and partnerships (including with KBC) are helping boost brand presence and support growth.
Capacity Utilization High: Core categories operating at 95%+ utilization, driving continued investments in new capacity.