Commodity Printing & Stationary company DOMS Industries announced Q1FY25 results: Revenue from Operations for Q1FY25 grew by 17.3% to Rs 445.0 crore as compared to Q1FY24 and 10.2% as compared to the previous quarter - Q4FY24, highlighting our sustained growth trajectory. EBITDA for Q1FY25 grew by 38.9% to Rs 86.4 crore as compared to Q1FY24 and 13.8% as compared to Q4FY24. EBIDTA margin for Q1FY25 surged to 19.4% as compared to 16.4% in Q1FY24 and 18.8% in Q4FY24. PAT for Q1FY25 grew by 49.5% to Rs 54.3 crore as compared to Q1FY24 and 15.7% as compared to Q4FY24. PAT margin for Q1FY25 rose to 12.2% as compared to 9.6% in Q1FY24 and 11.6% in Q4FY24. Commenting on the results and performance, Santosh Raveshia, Managing Director, DOMS Industries said: "The start to the financial year 2025 has been positive, despite the challenges on account of extreme weather conditions, especially in North India during the quarter ended June 30, 2024. We continue to see momentum in sales growth and improvement in our margin profile reflecting our unwavering commitment to delivering exceptional value to our targeted consumers. Our brand's growing acceptance in the market is due to its inherent advantages spanning across innovation, design, product engineering and market engagement, ensuring that we remain ahead of the curve despite competition and evolving consumer preferences. We continue to focus on further enhancing our integration across our robust manufacturing infrastructure and designing capabilities. Along with our manufacturing prowess, we continue to prioritise strengthening our reach in the Indian markets as well as globally with focused distribution network expansion. In a move to accelerate growth and solidify our position for the future, we continue to pursue inorganic opportunities with a view to widen our targetable addressable market and expanding our presence in the product lines which are associated through the growing year of kids, children and young adults. Our proposed acquisition of majority stake in Unilcan Healthcare Private Limited, a company engaged in the manufacturing and marketing of baby diapers & wet-wipes is our first step in broadening our addressable market. With a strong foundation laid out and with the guiding principles aimed towards sustainable growth, we are confident that our strategic initiatives in terms of product and capacity expansion and dedication to excellence will continue to propel us forward." Result PDF
Commodity Printing & Stationery company DOMS Industries announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from Operations for Q4FY24 grew by a robust 20.0% to Rs 4,037.4 million as compared to Rs 3,364.8 million in Q4FY23. EBITDA for Q4FY24 grew by an impressive 22.6% to Rs 759.3 million as compared to Rs 619.3 million in Q4FY23. EBIDTA margin for Q4FY24 expanded by 40 bps to an impressive 18.8% as compared to 18.4% in Q4FY23. PAT for Q4FY24 grew by an impressive 29.6% to Rs 469.3 million as compared to Rs 362.1 million in Q4FY23. PAT margin for Q4FY24 expanded by 80 bps to 11.6% as compared to 10.8% in Q4FY23. FY24 Financial Highlights: Revenue from Operations for FY24 grew by a robust 26.8% to Rs 15,371.4 million as compared to Rs 12,118.9 million in FY23. EBIDTA for FY24 grew by an impressive 46.1% to Rs 2,727.3 million as compared to Rs 1,866.6 million in FY23. EBIDTA margin for FY24 expanded by 230 bps to an impressive 17.7% as compared to 15.4% in FY23. PAT for FY24 grew by an impressive 55.2% to Rs 1,596.6 million as compared to Rs 1,028.7 million in FY23. PAT margin for FY24 expanded by 190 bps to 10.4% as compared to 8.5% in FY23. Commenting on the results and performance, Santosh Raveshia, Managing Director, DOMS Industries Limited said: "As we conclude FY24, we are pleased to report on a period marked by significant achievements and strategic initiatives that have reinforced our strong position in the stationery and art materials market. We continued seeing positive business traction resulting in robust sales growth coupled with further elevation of margins, reflecting upon the strength of the ‘DOMS’ Brand to connect with its consumers. India with its demographic advantage and on the back of increased focus and emphasis on child’s education and holistic development, has emerged as the most attractive consumption destination and throws open a huge growth opportunity to be addressed. We continue to prioritise our growth in the Indian markets with focused distribution network expansion and customer-centric approach. The commencement of construction to create one of the largest single unit stationery and art material manufacturing facility at our ~44 acre land in Umbergaon shall pave way for significant capacity additions for the coming years thereby improving our ability to meet the growing demand for our products. The Bhoomi Pujan ceremony was held with all zeal to seek divine blessings and I am happy to inform that the construction for this huge capacity expansion is underway in full swing. The Company’s recent foray into the ball point pens and scholastic adhesives has received positive feedback from consumers and reinforces the Company’s strength in introducing attractive superior quality & value added products. Our recent acquisition of 51% stake in SKIDO Industries, a school bag manufacturing company, which has helped us to enter into the exciting back-to-school (BTS) product segment. This move complements our existing portfolio and distribution network, and is also in line with our endeavour to continue expanding our presence in the product lines which are associated through the growing year of kids, children and young adults. We continue to focus on strengthening our connect with our consumers. Our launch of the ‘DOMS Art League’ encourages children to engage in art contests, aligning perfectly with our endeavour to foster a lifelong love of art among children. Further, the recent inauguration of our ‘DOMS Painting Studio’ at KidZania in Mumbai's R City Mall offers an exciting avenue for children to experience our products and explore their artistic talents in an interactive setting." Result PDF