MoneyWorks4Me

DOMS Industries Ltd (DOMS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544045 NSE: DOMS Printing & Stationery | Small Cap | DOMS Industries Share Price

₹2,105.25 -24.90 (-1.17%)

As on 18-Sep'26 16:59

DOMS Industries Ltd (DOMS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544045 NSE: DOMS Printing & Stationery | Small Cap | DOMS Industries Share Price

₹2,105.25 -24.90 (-1.17%)

As on 18-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹12,776 Cr.
Current Price
₹2,105.3
52-Week Low / High
₹2,007 / 2,704
TTM EPS
₹35.8
TTM Sales
₹2,435 Cr.
Book Value per Share
₹206.9
P/E Ratio
58.77
Lower than its 5-year historical median
Industry PE
43.2
Price to Book (P/B)
10.18
Lower than its 5-year historical median
Price to Sales (P/S)
5.25
Lower than its 5-year historical median
EV/EBITDA
31.66
Lower than its 5-year historical median
Dividend Yield
0.17%
Profitability Efficiency
Return on Equity (ROE)
21.68%
Outperforms industry median
Return on Capital Employed (ROCE)
27.02%
Outperforms industry median
Return on Assets (ROA)
14.91%
Operating Profit Margin
17.3%
Net Profit Margin
10.3%
Gross Profit Margin
16.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
19.92%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
15.54%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
12.19%
Asset Quality
Promoter Holding
63.39%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,195 Cr.
Equity
₹60.7 Cr.
Face Value
₹10
All Time Low / High
₹1224.40 / 3111.00

DOMS Industries stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Undervalued

Price Trend

Weak
Q.1 Is DOMS Industries Ltd a good quality company?
DOMS Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does DOMS Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of DOMS Industries Ltd vs industry peers?
DOMS Industries Ltd revenue CAGR is 42.01%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of DOMS Industries Ltd?
Promoters hold 63.39% of the DOMS Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of DOMS Industries Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -18.77% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
DOMS Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 24.1%23%22.3%17.7%-2.9%8%36.3%32.5%27.2%26.1%-
Value Creation
Index
0.80.70.70.3-1.2-0.41.71.41.00.9-

Growth Parameters

Sales 3874355466113626181,0821,3881,7092,0502,145
Sales YoY Gr.-12.3%25.6%11.8%-40.8%70.8%75.1%28.2%23.2%19.9%-
Adj EPS 4.34.55.15.9-2.42.215.523.630.935.334.1
YoY Gr.-5.2%13.6%16.1%-140.8%NA619.5%52.5%31.2%13.9%-
BVPS (₹) 2731.63641.940.142.156.8129.9158.4191.3198.3
Adj Net
Profit
2425.228.733.2-13.612.187143188214207
Cash Flow from Ops. 32.132.246.53715.844.7168173149226-
Debt/CF from Ops. 0.60.70.61.25.31.60.50.50.80.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 20.3%41.4%23.7%19.9%
Adj EPS 26.5%NA31.6%13.9%
BVPS24.3%36.7%49.9%20.7%
Share Price - - - -19.6%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
1715.315.115.2-5.95.231.325.821.42017.5
Op. Profit
Mgn %
13.113.11211.26.19.715.117.617.617.115.7
Net Profit
Mgn %
6.25.85.25.4-3.72810.31110.49.7
Debt to
Equity
0.10.10.10.20.40.30.30.10.10-
Working Cap
Days
809287941711117667728245
Cash Conv.
Cycle
4242394184553127364324

Valuation of DOMS Industries - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales3964675866544036841,2121,5371,9132,326
Operating Expenses + 3454075145783736141,0251,2641,5641,924
Manufacturing Costs667910612427385981101117
Material Costs1852252823082454327638931,0811,311
Employee Cost 5568839171101142213265329
Other Costs 3935435530436177117167
Operating Profit 516072763070187273348403
Operating Profit Margin (%) 12.9%12.8%12.3%11.7%7.5%10.2%15.4%17.7%18.2%17.3%
Other Income + 3221635102319
Exceptional Items 0000000000
Interest 333491012171511
Depreciation 14172125353841516988
Profit Before Tax 37425048-824139214287322
Tax 13141710-2736557383
Profit After Tax 24273338-617103160214240
PAT Margin (%) 6.1%5.9%5.6%5.8%-1.5%2.5%8.5%10.4%11.2%10.3%
Adjusted EPS (₹)4.34.75.66.4-1.62.617.025.233.337.9
Dividend Payout Ratio (%)8.20%0%12.70%0%0%39%9.70%9.90%9.50%9.60%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1511782052412342473378141,0001,210
Share Capital 0000000616161
Reserves 1511782042402332473377549391,150
Debt +2429335695839611213976
Long Term Debt435433158410638
Short Term Debt20262853928081283438
Minority Interest024581118288082
Trade Payables3451546657818789109125
Others Liabilities 262633316476128141183208
Total Liabilities 2352873294004574986671,1851,5111,702

Fixed Assets

Net Fixed Assets +114145149196229228320498690793
Gross Block1582062303022633004336689341,127
Accumulated Depreciation4461811063472113170244334
CWIP 331913472560162
Investments 2000002111
Inventories758897128121159185225294377
Trade Receivables1626373642493665134164
Cash Equivalents 1325429164230622562
Others Assets 1323223534427664105144
Total Assets 2352873294004574986671,1851,5111,702
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 303346371551173182183254
PBT 37425048-824139214287322
Adjustment 15192329405154617099
Changes in Working Capital -11-15-13-24-15-2115-29-98-82
Tax Paid -12-13-15-16-2-3-34-64-76-85
Cash Flow From Investing Activity + -30-46-40-55-19-34-136-458-140-149
Capex -28-44-40-56-16-35-135-153-213-292
Net Investments -2000-3-0-2-23684146
Others 0-200111-69-11-2
Cash Flow From Financing Activity + -62-21725-31-12297-40-113
Net Proceeds from Shares 000000035000
Net Proceeds from Borrowing 0-13-3-1-0145315-43
Interest Paid -2-3-3-4-8-11-14-12-12-12
Dividend Paid -10-4000-6-9-15-19
Others -3622434-19-7-85-28-39
Net Cash Flow -6-114-121-1325224-7
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)17.2616.6417.1616.88-2.547.1335.1927.7223.5421.68
ROCE (%)23.7123.2723.719.240.3910.3539.1533.8728.9427.02
Asset Turnover Ratio1.841.81.921.810.971.462.131.71.471.51
PAT to CFO Conversion(x)1.251.221.390.97N/A31.681.140.861.06
Working Capital Days
Receivable Days12.9016.1019.3020.2034.4023.9012.5011.6018.3022.40
Inventory Days58.1063.3057.2062.10109.1073.4050.8047.5047.8050.50
Payable Days52.8068.6067.7071.1091.6058.3040.203633.5032.60

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DOMS Industries Ltd FAQs

The current trading price of DOMS Industries on 18-Sep-2026 16:59 is ₹2,105.3.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Sep-2026 the market cap of DOMS Industries stood at ₹12,776.4 Cr

The latest P/E ratio of DOMS Industries as of 17-Sep-2026 is 61.75.

The latest P/B ratio of DOMS Industries as of 17-Sep-2026 is 10.61.

The 52-week high of DOMS Industries is ₹2,704 and the 52-week low is ₹2,006.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of DOMS Industries is ₹2,145 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that DOMS Industries Ltd is a average quality company.

The key valuation ratios of DOMS Industries Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of DOMS Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About DOMS Industries Ltd

The company was originally incorporated as “Writefine Products Private Limited” as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated October 24, 2006, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. The name of the company was subsequently changed to “DOMS Industries Private Limited” and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Gujarat at Ahmedabad (RoC) on April 21, 2017. Upon the conversion of the Company into a public limited company, pursuant to the approval accorded by the company’s Shareholders at their extra-ordinary general meeting held on July 14, 2023, the name of the Company was changed to “DOMS Industries Limited” and a fresh certificate of incorporation consequent upon change of name upon conversion to public limited company was issued to the Company by the RoC on August 3, 2023.

The company designs, develops, manufactures, and sells a wide range of stationery and art products, primarily under its flagship brand ‘DOMS’, in the domestic market as well as in over 45 countries internationally, as of September 30, 2023. It is the second largest player in India’s branded ‘stationery and art’ products market, with a market share of around 12% by value, as of Fiscal 2023. Its keen focus on research and development (R&D), product engineering, and backward integrated manufacturing, operations, combined with its multichannel pan-India distribution network has enabled it to achieve a strong brand recall amongst consumers. 

Its products are marketed under its flagship brand ‘DOMS’ along with other brand/sub-brands including ‘C3’, ‘Amariz’, and ‘Fixyfix’. The company’s in-house product design team focusses on developing products, keeping in mind latest trends, customer lifestyles, aspirations, and preferences, who along with its dedicated R&D team develop, test, and evaluate products prior to launch. It continues to expand its product range to keep pace with the ever-evolving customer requirements and preferences and have recently launched its writing instruments under ‘DOMS’ brand in 2023, fine-art products under ‘Amariz’ and adhesive products under ‘Fixy Fix’. The company undertakes its manufacturing operations from facilities located in Umbergaon, Gujarat and Bari Brahma, in Jammu and Kashmir.

Business area of the company

The company offers well-designed and quality ‘stationery and art material’ products to consumers, which it classifies across seven categories: (i) scholastic stationery; (ii) scholastic art material; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products. 

Key awards, accreditations or recognitions

  • 2016: Awarded “India’s Most Trusted Brand 2016” by the International Brand Consulting Corporation, USA.
  • 2017: Awarded “India’s Most Trusted Brand Award 2017” by the International Brand Consulting Corporation, USA.
  • 2017: Awarded “India’s No. 1 Brand 2017” by the International Brand Consulting Corporation, USA.
  • 2018: Awarded the “Brand Leadership Award” at the Gujarat Best Brand Awards 2018.
  • 2019: Awarded “Asia’s Most Trusted Brand Award 2019” by the International Brand Consulting Corporation, USA.
  • 2019: Recognised as one of the “Promising Brands 2019” by the Economic Times.
  • 2019: Awarded the “Export Excellence Award” for admirable export for the year 2018-19 by the Pen & Stationery Association of India.
  • 2020: Accorded the “Two Star Export House” status by the Directorate General of Foreign Trade, Ministry of Commerce & Industry, Government of India.
  • 2021: Recognised as one of the “Promising Brands 2021” by the Economic Times.
  • 2023: Awarded the “Top Exporters Award” for being the number one exporter of the year 2021-22 by the Pen & Stationery Association of India.

Major events and milestones

  • 2006: Commencement of operations by the Company.
  • 2011: Purchased the business of the partnership firm S. Tech Industries, Gujarat, on a slump sale basis as a going concern.
  • 2011: Purchased the business of the partnership firm R.R Industries, Gujarat, on a slump sale basis as a going concern.
  • 2012: Purchased the business of the partnership firm R.R Industries, Jammu & Kashmir, on a slump sale basis as a going concern.
  • 2012: Acquisition of 18.50% stake by FILA in the Company.
  • 2015: Acquisition of 49.00% stake in Pioneer Stationery Private Limited, a company having operating revenue of Rs 51.44 million in Fiscal 2016.
  • 2015: Acquisition of additional 32.50% stake by FILA in its Company.
  • 2016: Increased the company’s stake in Pioneer Stationery Private Limited to 51.00%.
  • 2016: Acquisition of 35% stake in Uniwrite Pens and Plastics Private Limited.
  • 2017: Increased stake in Uniwrite Pens and Plastics Private Limited to 60%.
  • 2023: Acquisition of 30% stake in Clapjoy Innovations Private Limited, a company having operating revenue of Rs 1.59 million in Fiscal 2023.
  • 2023: Divestment of stake in Uniwrite Pens and Plastics Private Limited.
  • 2023: Acquisition of 75% stake in Micro Wood Private Limited, a company having operating revenue of Rs 558.60 million in Fiscal 2023.


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