About DOMS Industries Limited
DOMS Industries Limited (DOMS), is a leading Indian manufacturer and marketer of stationery and art material products, headquartered in Umbergaon, Gujarat. It traces its roots back over four decades to the formation of a partnership firm that manufactured and sold pencils and related products; the modern company was incorporated in 2006 and later became a public limited company named DOMS Industries Limited.
DOMS is known for its flagship brand DOMS and produces a wide range of products including scholastic stationery, art materials, paper stationery, office supplies, hobby & craft items, and fine art products. Its offerings include pencils, erasers, sharpeners, color pencils, watercolors, pens, notebooks, and more, serving both domestic and international markets.
The company has multiple manufacturing facilities in India, a strong pan-India distribution network, and exports to numerous countries across Asia, Europe, Africa, and the Americas. Over the years, DOMS has grown through strategic partnerships (including with the Italian F.I.L.A. Group) and acquisitions to broaden its product portfolio and market reach.
Consolidated Key Financial Highlights
During Q3 FY26, revenue from operations grew 18.2% YoY to ₹592.2 crore, driven by healthy demand momentum. Gross profit increased to ₹261.8 crore, with the GP margin improving to 44.2% from 43.5% in Q3 FY25. EBITDA rose 17.7% YoY to ₹103.4 crore, while the EBITDA margin remained stable at 17.5%. Profit after tax (PAT) increased 13.1% YoY to ₹61.4 crore, with a PAT margin of 10.4%.
For 9M FY26, revenue from operations stood at ₹1,722.4 crore, registering a strong 22.7% YoY growth. Gross profit rose to ₹747.4 crore, maintaining a healthy GP margin of 43.4%. EBITDA increased 15.9% YoY to ₹301.7 crore, while PAT grew 11.8% YoY to ₹181.4 crore, reflecting sustained profitability despite margin moderation compared to last year.
Management Commentary – Summary
The Santosh Raveshia, Managing Director highlighted that Q3 FY26 performance reflected consistent execution and balanced growth, with 18.2% YoY sales growth driven by strong demand in Scholastic Art Material, Office Supplies, Kits & Combos, and Hobby & Craft segments. The baby hygiene business also recorded healthy growth, supported by winter demand for diapers and higher capacity compared to last year.
For 9M FY26, consolidated revenue growth of 22.7% was in line with internal expectations, demonstrating resilience across product segments and disciplined execution of strategic priorities. Domestic markets continued to perform well across all categories, while exports delivered modest growth despite challenges in the US due to higher tariffs, aided by rising demand for DOMS-branded products and benefits from the FILA distribution agreement.
EBITDA and PAT for the nine-month period moderated slightly due to the full consolidation of Uniclan Healthcare and lower other income following utilization of cash for capital expenditure. However, overall profitability remained within the guided range, with core businesses showing healthy volume growth and stable margins.
Outlook
Looking ahead, the company remains focused on its 44-acre expansion project, with initial buildings expected to be completed in Q1 FY27 and commercial production targeted for Q2 FY27. Additional investments in capacity expansion and process modernization are expected to enhance operational efficiency and support sustainable long-term growth, reinforcing confidence in the company’s business fundamentals and future opportunities.