DOMS Industries (DOMS) Q3 25/26 earnings summary

Executive summary

• Q3 and nine-month FY26 saw strong year-over-year revenue and profit growth, driven by robust domestic demand, innovation-led product launches, and expanding export markets.

• Capacity expansion included acquisition of land in Jammu, ongoing construction of a major facility in Gujarat, and brownfield/greenfield projects.

• Product portfolio diversification and new launches were supported by R&D and the FILA partnership.

• Strategic moves included a 50/50 JV with Seven SpA for premium backpacks and the incorporation of a CSR foundation.

• Board approved ESOP allotments, increasing paid-up capital.

Financial highlights

• Q3 FY26 consolidated revenue: ₹59,219.42 lakhs (₹592.2 crore), up 18.2% year-over-year; 9M FY26 revenue: ₹172,238.20 lakhs (₹1,722.4 crore), up 22.7%.

• Q3 consolidated EBITDA: ₹10,340 lakhs (₹103.4 crore), margin at 17.5%; Q3 PAT: ₹6,123.29 lakhs (₹61.4 crore), margin at 10.4%.

• 9M FY26 EBITDA: ₹30,170 lakhs (₹301.7 crore), margin at 17.5%; 9M PAT: ₹17,909.55 lakhs (₹181.4 crore), margin at 10.5%.

• Gross profit margin for Q3 FY26 at 44.2%, slightly higher year-over-year.

• CapEx for FY26 expected to exceed ₹25,000 lakhs (₹250 crore); significant investments in property, plant, and equipment.

Outlook and guidance

• FY26 revenue growth expected at the upper end of 18%-20% guidance, with similar momentum targeted for FY27.

• Commercial operations at the new 44-acre Umbergaon facility expected to commence in Q2 FY27.

• FY27 CapEx planned at ₹22,500-25,000 lakhs (₹225-250 crore), with phased capacity additions.

• Joint venture with Seven SpA to be completed by June 30, 2026, targeting new product lines and global supply.

• Focus on expanding product portfolio and leveraging recent acquisitions.