DOMS Industries (DOMS) Q2 25/26 earnings summary

Executive summary

• Achieved 24.1% year-over-year revenue growth in Q2 FY26, with significant increases in profitability and strong domestic volume growth.

• Expanded product portfolio with new launches in mechanical pencils, baby hygiene, scholastic stationery, kits, combos, and office supplies.

• Strengthened market presence domestically and internationally through robust distribution and strategic partnerships.

• Unaudited standalone and consolidated financial results for Q2 and H1 FY26 were approved with no material misstatements noted by auditors.

• Acquisitions included 51% of Super Treads Private Limited and increased stake in Pioneer Stationery Private Limited to 57.5%.

Financial highlights

• Q2 FY26 consolidated operating revenue: ₹567.9 Cr (₹56,677.12 lakhs), up 24.1% year-over-year; H1 FY26 revenue at ₹1,130.2 Cr, up 25.2%.

• Q2 FY26 EBITDA: ₹99.5 Cr (margin 17.5%), up 15.8% year-over-year; PAT: ₹60.9 Cr (margin 10.7%), up 13.4%.

• Standalone EPS for Q2 FY26 was ₹9.19 (basic), up from ₹7.92 year-over-year; consolidated EPS was ₹9.60 (basic), up from ₹8.84.

• CapEx for H1 FY26: ~INR 150 crores; full-year CapEx guidance: INR 210–225 crores.

• Total assets (consolidated) as of September 30, 2025, stood at ₹1,60,468.89 lakhs, with equity of ₹1,18,352.64 lakhs.

Outlook and guidance

• Maintains full-year revenue growth guidance of 18–20%, with H2 growth expected to normalize as prior year base includes full Uniclan consolidation.

• EBITDA margin guidance remains at 16.5–17.5% for ongoing and new capacity.

• GST 2.0 reforms expected to boost long-term demand and market growth despite short-term disruptions.

• Ongoing capacity expansion and modernization to support future growth, with major capacity-driven growth from Q2 FY27.

• Results for the period are not fully comparable to prior periods due to recent acquisitions.