Umbergaon, Gujarat Aug 04: DOMS Industries Limited (‘DOMS’), a Company engaged in the manufacturing and marketing of a diverse range of products that cater to the evolving needs of children, adolescents, and young adults through their formative years, announced its unaudited Financial Results for Ǫ1’FY27.
Performance Highlights for Ǫ1’FY27
· Revenue from Operations for Ǫ1’FY27 grew by 19.2% to ₹ 670.5 Cr as compared to Ǫ1’FY26. The sustained revenue growth was driven by:
• Strong domestic demand, supported by healthy back-to-school season traction
• Successful new product launches with encouraging consumer acceptance
• Marginally higher ASPs driven by calibrated pricing actions to partially offset raw material inflation
Key Highlights for Ǫ1’FY27
· DOMS Celebrates the little moments that shape big dreams with New Brand Film, “Every Year Counts”
Commenting on the results and performance, Mr. Santosh Raveshia, Managing Director, DOMS Industries Limited said: “We were able to maintain our growth momentum in Ǫ1 FY27 despite a difficult external environment, including a sharp increase and continued volatility in raw material prices. The domestic market remained the main driver of performance, helping us deliver over 19% year-on-year growth during the quarter. Growth was broad-based across our key categories — Scholastic Stationery, Scholastic Art Materials, Kits & Combos, Office Supplies, and Paper Stationery — supported by the back-to-school season, new product launches, and ongoing investments in manufacturing.
I am also encouraged by the team’s efforts in navigating the macroeconomic environment. Despite sustained input cost pressures and supply-side challenges, we ensured continuity in production and operations. In this context, the Company remained focused on volume-led growth and market share expansion, over near-term margin considerations amid sharp and volatile commodity inflation.
On the strategic front, we are excited about the recent acquisition of the Reynolds brand and the planned commencement of the first phase of our 50+ acre greenfield facility. The acquisition of identified assets, customer contracts, intellectual property, and employees associated with Reynolds gives the Company the opportunity to build on the legacy of a well-recognized brand, expand our reach to a wider audience, and further strengthen our writing instruments portfolio. We aim to develop Reynolds as a strong parallel brand and introduce multiple products under the Reynolds name, with a primary focus on the office segment.
Following a slight delay, we are now progressing toward commercialization of the first phase at our 50+ acre greenfield facility. Commercial operations are expected to commence by the end of Ǫ2 FY27, with over 300,000 square feet of manufacturing area coming on stream. In the near term, this will significantly enhance our capacities across key product categories in scholastic stationery and office supplies.
Domestic demand remains supportive. While raw material volatility continues to be a factor to watch, the overall market outlook remains positive. We will continue to focus on volume-led growth and enhancing our market share. With expanded capacity, a stronger brand portfolio, and continued focus on execution, we are confident about the rest of the year.”