DOMS Industries Ltd (DOMS) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544045 | NSE: DOMS | Printing & Stationery | Small Cap

DOMS Industries Share Price

2,520 45.70 1.85%
as on 10-Nov'25 16:59

DOMS Industries Ltd (DOMS) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544045 | NSE: DOMS | Printing & Stationery | Small Cap

DeciZen - make an informed investing decision on DOMS Industries

Based on:

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

DOMS Industries stock performance -

Key Ratios
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P/E Ratio (SA):
76.55
Market Cap:
15,015.9 Cr.
52-wk low:
2,094.8
52-wk high:
3,111

Is DOMS Industries Ltd an attractive stock to invest in?

1. Is DOMS Industries Ltd a good quality company?

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

2. Is DOMS Industries Ltd undervalued or overvalued?

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

3. Is DOMS Industries Ltd a good buy now?

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

10 Year X-Ray of DOMS Industries:

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 majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 24.1%24.1%23%22.3%17.7%-2.8%8%36.3%32.5%27.2%-
Value Creation
Index
0.80.80.70.70.3-1.2-0.41.71.41.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3133874355466113626181,0821,3881,7091,803
Sales YoY Gr.-23.6%12.3%25.6%11.8%-40.8%70.8%75.1%28.2%23.2%-
Adj EPS 3.64.34.55.15.9-2.4215.523.630.932.3
YoY Gr.-17.7%5.2%13.6%15.7%-140.9%NA669.7%52.5%31.2%-
BVPS (₹) 232731.63641.940.142.156.8129.9158.4167.6
Adj Net
Profit
20.42425.228.733.1-13.611.387143188196
Cash Flow from Ops. 22.132.132.246.53715.844.7168173149-
Debt/CF from Ops. 1.30.60.70.61.25.31.60.50.50.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.7%22.8%40.4%23.2%
Adj EPS 26.9%39.3%148.8%31.2%
BVPS23.9%30.5%55.6%22%
Share Price - - - -9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
18.71715.315.115.1-5.94.931.325.821.419.8
Op. Profit
Mgn %
14.113.113.11211.26.19.515.117.617.617.3
Net Profit
Mgn %
6.56.25.85.25.4-3.71.8810.31110.9
Debt to
Equity
0.20.10.10.10.20.40.30.30.10.1-
Working Cap
Days
798092879417611377767258
Cash Conv.
Cycle
4342423839895732293636

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 40.35%

Net Profit is growing at healthy rate in last 3 years 148.76%

Sales growth is good in last 4 quarters at 23.15%

Return on Equity has declined versus last 3 years average to 19.80%

Latest Financials - DOMS Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 32.3 34.2
TTM Sales (₹ Cr.) 1,803 2,030
BVPS (₹.) 167.6 174.5
Reserves (₹ Cr.) 956 999
P/BV 14.76 14.18
PE 76.55 72.27
From the Market
52 Week Low / High (₹) 2094.75 / 3111.00
All Time Low / High (₹) 1224.40 / 3111.00
Market Cap (₹ Cr.) 15,016
Equity (₹ Cr.) 60.7
Face Value (₹) 10
Industry PE 53.9

Management X-Ray of DOMS Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of DOMS Industries - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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Key Ratios of DOMS Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3133874355466113626181,0821,3881,709
Operating Expenses 2703373784815433405599191,1431,408
Manufacturing Costs48647634252435547385
Material Costs147180202324358219389674803999
Employee Cost 46546781946997137199235
Other Costs 29383341662738546989
Operating Profit 43515766682259164245301
Operating Profit Margin (%) 13.8%13.0%13.1%12.0%11.2%6.1%9.5%15.1%17.6%17.6%
Other Income 132213241022
Interest 3222389101411
Depreciation 11141620243336384657
Exceptional Items 0000000000
Profit Before Tax 3038404642-1616119195255
Tax 101314169-44315065
Profit After Tax 2025263033-121289145190
PAT Margin (%) 6.3%6.4%6.0%5.4%5.4%-3.4%1.9%8.2%10.5%11.1%
Adjusted EPS (₹)3.54.44.65.35.9-2.22.115.823.931.3
Dividend Payout Ratio (%)32%8%0%13%0%0%47%11%10%10%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 130152178203236225237319788962
Share Capital 000000006161
Reserves 129152178202236225236319728901
Minority Interest0000000000
Debt251721234482718287110
Long Term Debt4324321136780
Short Term Debt22151919418170681930
Trade Payables20304448635571808293
Others Liabilities 21252632305967114127141
Total Liabilities 1962242693063724234455951,0841,305

Fixed Assets

Gross Block129152192219287250280410554692
Accumulated Depreciation294258771013369107153208
Net Fixed Assets 101109133141186216211303401483
CWIP 1131613362560
Investments 2465443575131
Inventories52708189118111141156178231
Trade Receivables121422282836392647100
Cash Equivalents 1913254281537301214
Others Assets 10132121322433625685
Total Assets 1962242693063724234455951,0841,305

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 22323247371645168173149
PBT 3038404642-1616119195255
Adjustment 15141822284047505353
Changes in Working Capital -9-8-13-6-18-8-1729-19-92
Tax Paid -13-12-13-14-15-0-1-30-56-67
Cash Flow From Investing Activity -25-25-44-40-54-22-30-134-458-141
Capex -26-24-41-27-70-19-30-133-150-186
Net Investments -2-2-100-3-0-2-31031
Others 31-2-1215111214
Cash Flow From Financing Activity 18-131-31626-28-13307-11
Net Proceeds from Shares 2900000003500
Net Proceeds from Borrowing 0-3-030-1-1135416
Interest Paid -3-2-2-2-3-8-9-10-9-9
Dividend Paid -8-1-1-5000-6-9-15
Others -1-7411935-18-10-78-3
Net Cash Flow 15-6-114-120-132122-2

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)18.0717.5415.7615.5915.11-5.525.1331.8726.221.7
ROCE (%)24.1224.0822.9822.3317.74-2.788.0136.2932.527.19
Asset Turnover Ratio1.771.841.781.911.820.861.422.081.691.48
PAT to CFO Conversion(x)1.11.281.231.571.12N/A3.751.891.190.78
Working Capital Days
Receivable Days1312151717372211915
Inventory Days565763576111274504342
Payable Days47516752569259413732

DOMS Industries Ltd Stock News

DOMS Industries Ltd FAQs

The current trading price of DOMS Industries on 10-Nov-2025 16:59 is ₹2,520.
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 09-Nov-2025 the market cap of DOMS Industries stood at ₹15,015.9.
The latest P/E ratio of DOMS Industries as of 09-Nov-2025 is 76.55.
The latest P/B ratio of DOMS Industries as of 09-Nov-2025 is 14.76.
The 52-week high of DOMS Industries is ₹3,111 and the 52-week low is ₹2,094.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of DOMS Industries is ₹1,803 ( Cr.) .

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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