DOMS Industries (DOMS) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 revenue grew 17.6% YoY and H1 revenue grew 18.4%; EBITDA and PAT declined amid input-cost pressure and a one-time flood-related expense.

• Volume growth, capacity additions and product launches supported sales; flooding in Gujarat was estimated to reduce Q2 sales growth by 300–350 bps.

Financial highlights

• Consolidated Q2 revenue was ₹66,775.40 lakh versus ₹56,791.06 lakh; net profit was ₹3,832.17 lakh versus ₹6,085.40 lakh.

• Q2 EBITDA was ₹82.8 crore, down 16.8%, with a 12.4% margin versus 17.5%; H1 EBITDA was ₹165.3 crore, down 16.6%, also at a 12.4% margin.

• Consolidated H1 revenue was ₹133,826.22 lakh versus ₹113,018.78 lakh; net profit was ₹8,359.68 lakh versus ₹11,995.60 lakh.

• Q2 PAT included a ₹1,038.71 lakh exceptional expense, net of ₹173.65 lakh recognised for settled vehicle insurance claims.

Outlook and guidance

• FY27 consolidated sales growth guidance remains 18%-20%; the EBITDA margin target remains 16%-17%, with pricing and input costs under review over the next couple of quarters.

• Reynolds-manufactured products are expected to contribute revenue from Q3 FY27, with momentum expected to build in Q4.

• New greenfield capacity for writing instruments, pencils, Scholastic Art and other Office Supplies is expected to support growth over the next 12–18 months.