Commodity Printing & Stationery company DOMS Industries announced Q3FY25 results Revenue from Operations for Q3FY25 grew by 34.9% to Rs 501.1 crore as compared to Rs 371.6 crore in Q3FY24. EBITDA for Q3FY25 grew by 26.7% to Rs 87.9 crore as compared to Rs 69.3 crore in Q3FY24. EBIDTA margin for Q3FY25 stood at 17.5% as compared to 18.7% in Q3FY24. PAT for Q3FY25 grew by 39.8% to Rs 54.3 crore as compared to Rs 38.8 crore in Q3FY24. PAT margin for Q3FY25 rose to 10.8% as compared to 10.4% in Q3FY24. Santosh Raveshia, Managing Director, DOMS Industries, said: “Despite the tepid market conditions and festive season in India as well as globally, we continued on our consistent growth trajectory during Q3FY25. Our strategic initiatives have played a pivotal role in fuelling this growth. The successful acquisition of Uniclan Healthcare, which lead our entry into Baby Hygiene products, coupled with our timely expansion of capacities across various product categories, have all contributed positively to our quarterly performance. Company's manufacturing cost structure broadly remained stable in Q3FY25, with input prices holding steady, resulting in consistent gross margins on a sequential basis. Consolidated EBITDA for the quarter grew 26.7% YoY and 2.2% sequentially. However, there was a slight margin compression of approximately 120 bps QoQ which was primarily driven by increased employee expenses, stemming from additional hiring to support production capacity expansion and impact of ESOP grants to reward employees. Furthermore, we witnessed an increase in selling and distribution expenses primarily on account of consolidation of Uniclan Healthcare. As a result of these factors, Company's consolidated EBITDA margin stood at 17.5%, as on expected lines, but higher than our targeted range of 16-17%. Going forward, we remain cautiously optimistic in the near term, on improvement in demand conditions with tailwinds from the upcoming back to school season, growing emphasis on education and increased Governments’ spending in this sector, contributing to the growth momentum. Our strategic priorities remain unchanged with focus on delivering consistent and profitable volume growth through expanding our production capacities, investing in our brands and strengthening our supply chain, positioning ourselves for sustainable long-term growth. Lastly, I would like to appreciate the unwavering dedication and relentless efforts of our entire team and channel partners, who have worked tirelessly to drive this growth and excellence. Further, we extend our heartfelt gratitude to our valued consumers for embracing our products. Their unwavering support fuels our passion and inspires our team to innovate, design, and deliver high-quality products to meet the evolving needs of our consumers.” Result PDF
Printing & Stationery company DOMS Industries announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue from Operations for Q2FY25 grew by 19.7% to Rs 457.8 crore as compared to Rs 382.4 crore in Q2FY24. EBITDA for Q2FY25 grew by 31.7% to Rs 85.9 crore as compared to Rs 65.2 crore in Q2FY24. EBIDTA margin for Q2FY25 surged to 18.8% as compared to 17.1% in Q2FY24. PAT for Q2FY25 grew by 42.8% to Rs 53.7 crore as compared to Rs 37.6 crore in Q2FY24. PAT marginfor Q2FY25 rose to 11.7% as compared to 9.8% in Q2FY24. H1FY25 Financial Highlights: Revenue from Operations for H1FY25 grew by 18.5% to Rs 902.8 crore as compared to Rs 761.8 crore in H1FY24. EBITDA for H1FY25 grew by 35.2% to Rs 172.3 crore as compared to Rs 127.4 crore in H1FY24. EBIDTA margin for H1FY25 surged to 19.1% as compared to 16.7% in H1FY24. PAT for H1FY25 grew by 46.1% to Rs 108.0 crore as compared to Rs 73.9 crore in H1FY24. PAT marginfor H1FY25 rose to 12.0% as compared to 9.7% in H1FY24. Santosh Raveshia, Managing Director, DOMS Industries, said: “We continued our resilient performance for Q2FY25 despite a challenging market environment. This growth is largely driven by increase in sales of writing pens, adhesives and kits & combination packs as well as due to positive impact of Uniclan acquisition. We would like to thank our entire team and channel partners whose efforts have helped us achieve this growth in otherwise difficult period with challenging demand conditions in the domestic market as well in the export markets due to growing geopolitical tensions. The growth is also reflective of the strong acceptance and expanding reach of the DOMS Brand and product proposition. Domestic sales continue to be the main driver of growth which now constitutes 85% of our total sales. Post completion of the festive season, we believe the domestic demand environment shall now see a gradual improvement as we enter the back-to-school season. On the export front, we foresee improvement in business conditions as we have started receiving encouraging feedback from most of customers for our products. In line with our commitment to long-term growth and value creation, we are now transitioning from being a stationery and art material company to a diversified product company associated with the growing years of kids, children and young adults. The completion of Uniclan acquisition has helped in increasing our targeted addressable market with addition of baby hygiene products. At our recently held annual sales meet, along with new product launches in the stationery and art material business, we also launched the DOMS Wowper branded Baby Diapers. The response from our channel partners has been exciting and we are optimistic about the overall growth strategy in the baby hygiene segment. Further, we continue to focus on increasing our manufacturing capacities for the stationery and art material business, albeit a brief slowdown during monsoons, with multiple ongoing projects including the construction at the adjoining 44 acres land parcel, which we believe will provide us the platform to capitalise on the untapped market potential. Building on our well laid out foundation, we're poised for sustained growth guided by our core principles. With effective implementation of our strategic initiatives of product development, capacity enhancement, expanding distribution network and targeted market expansion for the baby hygiene segment, I am confident that we will continue to fuel our growth momentum and ensure a continued upward trajectory.” Result PDF