What is Doms Industries' current market price?

The current market price (CMP) of Doms Industries is ₹2,500.60.

How has Doms Industries' sales performance been over the years?

Doms Industries has doubled its sales over FY16-19 and by more than 3x over FY19-25, showcasing strong growth.

What are the key factors driving Doms Industries' growth?

Doms Industries' growth has been driven by capacity additions in pens, paper products, and hobby & craft, as well as a GST rate cut that has improved product affordability and competitiveness.

Home / Business and Economy / Doms Industries Doubles Sales, Triples Growth in 6 Years

Doms Industries Doubles Sales, Triples Growth in 6 Years

13 Nov

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Summary

Doms Industries expands capacity in pens, paper, and hobby products
GST rate cut boosts affordability and competitiveness of Doms' products
Doms' innovation and end-to-end manufacturing drive strong margins and ROE

Doms Industries Doubles Sales, Triples Growth in 6 Years

Doms Industries, a prominent player in the stationery market, has reported another impressive quarter, driven by capacity expansions in key product categories. The company has seen significant growth in its pen, paper products, and hobby & craft divisions, positioning it well for the future.

According to the latest report, Doms' core scholastic stationery business is poised to receive a substantial boost from the increased production capacity that came online in the first quarter of fiscal year 2027. This capacity expansion is expected to help accelerate the company's sales growth in the coming years.

Additionally, the recent reduction in the Goods and Services Tax (GST) rate for pencils, books, and other educational supplies from 12% to 0% has significantly improved the affordability and competitiveness of Doms' products compared to the unorganized segment. This tax change is expected to help the company recover the 3-4% of sales it lost due to GST disruption in the second quarter of fiscal year 2026.