The shares of the FMCG company specializing in manufacturing and selling stationery and art supplies jumped upto 4 percent upon declaring Q3 results and generating profit with a 40 percent rise Year on Year (YoY).
Price action
With a market capitalization of Rs.15,464 crores on Tuesday, the shares of Doms Industries Limited jumped upto 4 percent making a high of Rs. 2,639 per share compared to its previous closing price of Rs. 2,548.30 per share.
What Happened
Doms Industries Limited engaged in manufacturing and selling stationery and art supplies has announced its Q3FY25 results.
Its Revenue from operations grew by 35 percent YoY from Rs. 372 Crores in Q3FY24 to Rs. 501 Crores in Q3FY25 and it grew by 9.3 percent QoQ from Rs. 458 Crores in Q2FY25 to Rs. 501 Crores in Q3FY25.
Its Net Profit grew by 40 percent YoY Rs. 38.8 Crores in Q3FY24 to Rs. 54.3 Crores in Q3FY25 and it rose by 1.11 percent QoQ from Rs. 53.7 Crores in Q2FY25 to Rs. 54.3 Crores in Q3FY25.
The earnings per share (EPS) for the quarter stood at Rs. 8.94, compared to Rs. 8.84 in the previous quarter and Rs.6.88 in the same quarter last year.
About the Company
Doms Industries is a prominent Indian manufacturer specializing in a wide range of products, including writing instruments, adhesives, and stationery items. Doms has built a strong reputation for producing affordable and reliable products for schools, offices, and personal use.
Recent key updates
There is ongoing capacity expansion with 44+ acres of greenfield project in full swing and possession of the first building for machinery installation is expected in Q3FY26.
Product Category wise sales Breakup (Q3 FY25)
The Product category sales Breakup is as follows: Scholastic stationery contributes 36 percent, Scholastic art material 21 percent, Kits and combos 9 percent, Paper and stationery 8 percent, Office supplies 12 percent, Hobby and craft 1 percent, Fine art products 1 percent and hygiene products 10 percent and at last others contributes 2 percent.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
