DOMS Industries Ltd

JV timeline update

• Documentation progressing and finalisation nearing; deadline extended from 30 September 2026 to 31 January 2027.
• Completion of transaction remains on or before 31 January 2027; all other terms unchanged.
• Detailed disclosure will be submitted after JV agreement execution; stock exchanges will be informed of further material developments.

DOMS Industries Limited — Trading window closed from October 01, 2026 till the end of 48 hours after the declaration of the Unaudited Financial Results for the quarter and half year ending September 30, 2026.

AGM details

• Date, time, mode: 03-09-2026, 3:00 PM IST, VC/OAVM.
• Record date for voting: 27-08-2026.

Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements for FY ended 31 Mar 2026.
• Ordinary: Declaration of final dividend on equity shares for FY 2025-26.
• Ordinary: Re-appointment of Massimo Candela by rotation.
• Ordinary: Re-appointment of Luca Pelosin by rotation.
• Ordinary: Ratification of remuneration of Cost Auditors for 2026-27.
• Special: Creation/modification of mortgages, hypothecations and charges on assets.

Voting results

• Resolution 1: Passed with strong majority.
• Resolution 2: Passed with strong majority.
• Resolution 3: Passed; about 97.3% in favour.
• Resolution 4: Passed; about 96.99% in favour.
• Resolution 5: Passed; 100% in favour.
• Resolution 6: Passed; 100% in favour.

Dividend

• Final dividend on equity shares declared; per-share amount not disclosed.

Directors

• Massimo Candela reappointed by rotation as Director.
• Luca Pelosin reappointed by rotation as Director.

Auditors

• Remuneration of Cost Auditors ratified for 2026-27; statutory auditor unchanged.

RPTs & other material approvals

• Mortgages, hypothecations and charges on assets approved.

AGM Highlights

• 20th AGM held on Sep 3, 2026 via VC/OAVM.
• MD Santosh Raveshia addressed shareholders.
• FY26 revenue from operations grew 21.6% to 2,326.4 crore.
• EBITDA rose 15.5% to 402.6 crore; PAT rose 12.2% to 239.6 crore.
• EBITDA margin stood at 17.3%.
• Uniclan contributed to consolidated margins; overall margin moderated.
• Acquired Reynolds brand and assets.
• Acquired 51% stake in Super Treads.
• Capital expenditure for a 50+ acre greenfield project and 11+ acre land acquisitions.
• First building for commercial production expected by end of Q2 FY27.
• Global distribution agreement with FILA strengthens international presence.
• ESOP plan expanded to deepen long-term alignment.
• YouTube subscribers surpassed 4 million; Instagram followers exceed 225,000.
• Domestic revenue accounted for 87.5% of gross product sales; exports 12.5%.
• Global distribution network: 130+ super stockists, 6,000+ distributors, 150,000+ retail outlets.
• Workforce over 14,500 employees.
• Outlook: high-teen sales growth; margins may face pressure due to tensions.
• Revenue mix uplift from Uniclan and new product categories.

Rating action & instrument

• CRISIL reaffirmed the long-term bank loan rating AA-/Stable for total facilities of ₹252.1 crore.
• Facilities enhanced from ₹159 crore to ₹252.1 crore.
• Rating letter dated 22 August 2026; intimation submitted 24 August 2026.

Agency, surveillance & outlook

• Agency: CRISIL Ratings Limited.
• Outlook: Stable; ratings kept under surveillance with potential revision.
• Rating validity until 31 March 2027; Crisil may withdraw or revise ratings.

Bank facilities detail

• Bank-wise outstanding facilities total ₹252.1 crore.
• Cash Credit HDFC Bank ₹67 crore; Axis Bank ₹50 crore.
• Rupee Term Loan HDFC ₹35 crore; Term Loan HDFC ₹93.1 crore.
• Proposed Long Term Facility ₹7 crore.

AGM notice and annual report access

• 20th AGM scheduled for Sept 3, 2026 at 3:00 PM IST via VC/OAVM.
• Shareholders without registered emails can access AGM notice and Annual Report via provided web-link.
• Web-link to AGM notice and FY2025-26 Annual Report: https://domsindia.com/pdf/Investor_Relations/Financial_Statements/DIL_Annual_Report_FY_2025-26.pdf
• Registrar contact provided for queries: MUFG Intime India Private Limited; tel 810 811 6767; investor.helpdesk@in.mpms.mufg.com.

Overview

• Standalone BRSR for FY2025-26; core activity manufacturing and marketing scholastic stationery and art materials.
• About 12,000 employees/workers; 26 locations nationwide; 12% export contribution.

Key ESG Risks & Opportunities

• Energy management opportunity via solar and briquettes; renewable energy adoption reduces costs.
• Waste management risk from plastics; strong recycling and EPR programs create value.
• Supply chain disruption risk; mitigated by buffer stock and long-term supplier partnerships.
• Health and safety risk; robust HSE framework with in-house OHC and training.

Governance & Policy Highlights

• Board delegates ESG oversight to Risk Management, Stakeholder Relationship, and CSR committees.
• Policies include Code of Conduct, Whistle Blower, Human Rights, Stakeholder Engagement, and Risk Management.
• Reasonable assurance on BRSR Core provided; no penalties disclosed.

Social Responsibility & Workforce

• 2117 permanent employees; 9530 permanent workers; total workers 10057; female share among workers ~62%.
• 38 differently abled employees; all paid equally.
• Health and safety training covers about 23% of employees; 31% of workers.
• 29% of revenue spent on employee well-being.
• Premises accessible to differently abled; whistle blower policy for grievances.
• Shareholder complaints: 2 filed and resolved; customer complaints: 240 filed, 9 pending.

Environmental Performance

• Total energy: 307,184 GJ; renewable share 67,341 GJ; 1 MW solar generated 3,510.61 GJ.
• GHG emissions: Scope 1 425.50 tCO2e; Scope 2 46,787.97 tCO2e; intensity 0.23 tCO2e per lakh turnover.
• Water withdrawals 26,403 KL; consumption 12,385 KL; discharge 14,018 KL.
• Total waste 9,009.68 MT; plastic recycled 1,851.68 MT; sawdust 5,527.56 MT; industrial sludge 149.33 MT.
• ZLD in progress; ISO 45001/ISO 14001 IMS; solar energy installation underway.

Stakeholder Engagement & Complaints

• Key stakeholder groups include shareholders, investors, employees/workers, suppliers, customers, regulators, communities.
• Engagement channels: investor calls, meetings, website; ongoing updates.
• Complaints: shareholders 2 filed (resolved); customers 240 filed, 9 pending.

Other Notable Metrics

• RPTs: purchases 17.57%; sales 6.63%; loans/advances 28.60%; investments 100%.
• Affiliations: nine trade/industry chambers.
• Cybersecurity: IT policy; 0 data breaches; external assurance on BRSR Core.
• Penalties: no non-compliances disclosed; governance strengthened via board committees.
• Waste management: EPR with post-consumer plastic recycling certificates.

AGM Details

• Date and time: 03 September 2026, 03:00 p.m. IST via VC/OAVM
• Mode: VC/OAVM; deemed venue at the company's registered office
• Dividend record date: 27 August 2026
• Remote e-voting window: 31 August 2026 to 02 September 2026

Ordinary Business

• Adopt standalone financial statements for the year ended 31 March 2026.
• Adopt consolidated financial statements for the year ended 31 March 2026.
• Declare final dividend of ₹3.65 per share for 2025-26.
• Re-appoint Massimo Candela as director (retiring by rotation).
• Re-appoint Luca Pelosin as director (retiring by rotation).
• Ratify remuneration of M/s. B.F. Modi & Associates as Cost Auditors for 2026-27.
• Approve creation/modification of mortgages, hypothecations and charges to secure borrowings up to ₹60,000 lakhs.

Financial snapshot

• Standalone revenue from operations: ₹204,964.07 lakhs; up 19.92% YoY.
• Consolidated revenue from operations: ₹232,636.52 lakhs; up 21.63% YoY.
• Standalone EBITDA: ₹35,100.52 lakhs; up 16.72%.
• Consolidated EBITDA: ₹40,259.62 lakhs; up 15.54%.
• Standalone PAT: ₹21,950.71 lakhs; up 15.61%.
• Consolidated PAT: ₹23,956.25 lakhs; up 12.19%.
• Basic EPS (Standalone): ₹36.17; Diluted: ₹36.04.
• Consolidated EPS: ₹37.93 (basic); ₹37.79 (diluted).
• PAT margin: Standalone about 10.3%; consolidated margin not specified here.

Geography & product mix

• Domestic sales accounted for 87.5% of gross product sales; exports 12.5%.
• Consolidated domestic revenue ₹2,02,025.96 lakhs; exports ₹30,192.82 lakhs.
• Product mix highlights: Scholastic stationery ₹76,249.98L; Scholastic art ₹48,405.55L; Office supplies ₹36,533.64L.
• Hobby & craft ₹7,099.69L; Paper stationery ₹20,082.56L; Back to School ₹1,133.02L; Others ₹4,090.03L.
• Nine product categories, over 4,800 SKUs; broad portfolio coverage.

Dividends & capital returns

• Final dividend recommended: ₹3.65 per equity share for FY2025-26.
• Record date: 27 August 2026; payment window: 3 Sep – 2 Oct 2026.
• Dividend payment subject to AGM approval and regulatory requirements.
• Issued equity capital stood at ₹6,068.83 lakhs, with ESOP-driven increase.

Acquisitions and strategic moves

• STPL: 51% equity acquired on 1 Jun 2025; now a subsidiary.
• Pioneer Stationery: stake increased to 64% during 2025; tranches Aug 2025 and Mar 2026.
• Reynolds brand acquisition: assets and IP with US$3.7 million consideration (July 2026 completion).
• ClapJoy Innovations: associate with 30% holding; revenue grew 56.24% in 2025-26.
• Reynolds expansion strengthens writing instruments and school supplies portfolio.

Capex & manufacturing expansion

• Capex approx. ₹29,200 lakhs toward 50+ acre greenfield facility; first two buildings possessed.
• Commercial production expected in Q2 FY2027; phased capacity expansions ongoing.
• Backward integration across 18 facilities; total area >2 million sq ft.
• Land bank ~61 acres; 5 manufacturing locations; ongoing capacity upgrades.

Governance & board matters

• Board size: 16 directors; 1 MD, 4 WD, 3 Non-Executive Non-Independent, 8 Independent.
• May 2025: Massimo Candela appointed Chair; Gianmatteo Terruzzi ceased as Chair.
• May 2025: Om Raveshia joined as Whole-time Director; four new independent directors appointed.
• Reappointments: Santosh Raveshia and Sanjay Rajani reappointed for 2027-31; Postal Ballot approved.
• FY2025-26 board meetings: 5; Independent Directors met once (Mar 24, 2026).
• Statutory auditors: PwC; Secretarial: CS Jignesh Shah; Internal: HTKS; Cost: B.F. Modi & Associates.

BRSR disclosures & ESG highlights

• BRSR Core assurance by NS Bhargava & Co; covers 9 KPIs across governance, environment, social.
• Energy: 3,510.61 GJ solar; 1 MW plant; wood briquettes 1.60 lakh GJ; energy intensity 1.50 GJ/₹ lakh.
• Water: withdrawal 26,403 KL; consumption 12,385 KL; discharge 14,018 KL.
• Workforce: over 13,500 permanent employees; 53% women; 38 differently abled.
• CSR focus: DOMS Foundation; two ongoing Umbergaon projects; CSR spend ₹66.29 lakh; obligation ₹379.96 lakh; unspent ₹313.67 lakh.

CSR & community initiatives

• DOMS Foundation incorporated March 19, 2026; CSR governance via CSR Committee.
• CSR focus areas: education, women empowerment, rural development, healthcare.
• Two ongoing projects: educational institution and hospital at Umbergaon.
• CSR spend totaled ₹66.29 lakh; significant unpaid CSR obligation carried forward.

Audit, risk & internal controls

• Statutory audit: PwC; unqualified stand-alone and consolidated reports.
• Internal controls: robust framework; Audit Committee monitors adequacy and effectiveness.
• Secretarial audit: CS Jignesh Shah; no material qualifications.
• No material regulatory orders; no IEPF transfers required.

Outlook & key risks

• Outlook: consolidated revenue growth target 18-20% for FY2026-27.
• Risks: GST realignment, tariff actions, currency volatility, commodity inflation, supply chain disruptions.
• Company emphasises volume-led growth, price/margin balance, and capital discipline to sustain growth.