Doms Industries Q1 Results Strong Profit Growth with PAT of ₹5,430.25 Lakhs and Revenue of ₹44,501.17 Lakhs

Doms Industries Q1 Results: Doms Industries announced its Q1 results for the financial year 2024-2025 on August 12, 2024, showing a solid performance with a 10.2% quarter-over-quarter (QoQ) growth in revenue.

The company reported revenue from operations of ₹44,501.17 lakhs for the June quarter, up from ₹40,373.86 lakhs in Q4 of the previous year. On a year-over-year (YoY) basis, Doms Industries saw a significant revenue increase, reflecting the company’s continued expansion in the stationery and art materials market.

The company’s other income, however, remained nearly flat with a minor decrease of 1.9% QoQ, from ₹567.00 lakhs in Q4 to ₹556.35 lakhs in Q1. On the expenses side, Doms Industries experienced a slight increase in costs.

The total expenses for Q1 rose by 8.9% QoQ to ₹37,740.53 lakhs, primarily driven by a 3.5% rise in employee benefits and a 2.6% increase in depreciation and amortization costs. Despite these increases, the company’s profit before tax grew by 16.2% QoQ, reaching ₹7,317.06 lakhs compared to ₹6,295.54 lakhs in the previous quarter.

Net profit after tax also saw a healthy growth of 15.7% QoQ, totaling ₹5,430.25 lakhs for the quarter, showcasing Doms Industries’ strong financial performance in the first quarter of the 2024-2025 fiscal year.

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Doms Industries Q1 Results 2024 - 2025

Doms Industries announced its Q1 results for the financial year 2024-2025, showcasing impressive growth in both revenue and profits. The company demonstrated strong quarter-over-quarter (QoQ) performance with increased earnings and controlled expenses. Below is a summary of the key financial results for the quarter ending June 30, 2024:

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Doms Industries Current Market Overview

Doms Industries is currently trading at ₹2,740 per share, showing a slight drop of 1.94%. The company has a large market value of ₹16,631 crore. Over the past year, its stock price has ranged between a high of ₹2,975 and a low of ₹1,224.

With a Price-to-earnings (P/E) ratio of 97.6, the stock is considered quite expensive. Despite a small dividend yield of 0.09%, Doms Industries has strong returns, with a Return on Capital Employed (ROCE) of 30.7% and a Return on Equity (ROE) of 26.6%.

Quarterly Results

Here is the summary of Doms Industries' quarterly results for December 2023, March 2024, and June 2024:

About Doms Industries 

Doms Industries is an Indian company that manufactures a wide range of stationery and art supplies. Based in Valsad, Gujarat, Doms is known for producing high-quality products like wooden pencils, color pencils, wax crayons, oil pastels, and office supplies.

The company also offers mathematical instruments, craft supplies, and fine art materials. Doms operates under the multinational Italian company Fila Group, making it a key player in both the Indian and global stationery markets. Their products are popular among students, professionals, and hobbyists for their reliability and innovation.

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