DOMS Industries Ltd, originally founded as R.R. Industries in 1976, has evolved into one of India’s foremost manufacturers of stationery and art materials. The company offers a vast range of products, including wooden and polymer pencils, color pencils, mathematical and drawing instruments, wax crayons, oil pastels, fine art materials, marker pens, and various other crafting and hobbyist items. With a focus on quality and innovation, DOMS has built a strong reputation among students, artists, and professionals alike. Their products are widely used in schools, offices, and by creative individuals seeking reliable and high-performing stationery.
In 2005, DOMS introduced its flagship brand, DOMS, which revolutionized the Indian stationery market with its advanced design and superior quality. This brand helped the company cement its position as a leader in the industry. In addition to its success in the domestic market, DOMS Industries expanded internationally through a strategic partnership with F.I.L.A. (Fabbrica Italiana Lapis ed Affini S.p.A.), a renowned Italian multinational company. This collaboration has allowed DOMS to penetrate global markets, bringing its innovative products to customers worldwide while continuing to enhance its offerings and set new benchmarks in the art and stationery industry.
Recent News on Doms Industries Ltd
Recently, DOMS Industries made a strategic move by acquiring a 51% stake in Unilan Healthcare Private Limited. This acquisition is seen as a significant growth opportunity for DOMS, allowing the company to expand its reach into new markets. By diversifying into healthcare-related products, DOMS aims to strengthen its portfolio and tap into a broader customer base. This investment aligns with their long-term vision of expanding beyond the core stationery and art material sector, offering promising prospects for future growth and market expansion.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 74.95% | 74.95% | 74.95% | 74.95% |
| FIIs + | 6.13% | 5.86% | 6.55% | 7.59% |
| DIIs + | 15.14% | 16.63% | 15.11% | 14.10% |
| Public + | 3.77% | 2.55% | 3.38% | 3.36% |
| No. of Shareholders | 51,954 | 34,841 | 37,585 | 49,974 |
DOMS Industries’ shareholding pattern from December 2023 to September 2024 highlights stability in its promoter holdings, consistently at 74.95%. Foreign Institutional Investors (FIIs) increased their stake from 6.13% in December 2023 to 7.59% by September 2024, suggesting rising interest from international investors. Meanwhile, Domestic Institutional Investors (DIIs) saw a slight decline from 16.63% in March to 14.10% by September. The public’s share fluctuated around 3%, and the total number of shareholders varied, reaching nearly 50,000 by September, reflecting healthy investor participation.
Below are the trading platforms that you can use to purchase DOMS Industries Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 2,716.05 | 2,361.79 |
| December 2024 | 2,743.21 | 2,385.40 |
As we approach the end of 2024, DOMS Industries Ltd’s share price is projected to experience significant growth. For November 2024, the maximum price is anticipated to reach ₹2,716.05, with a minimum of ₹2,361.79. Moving into December, the price is expected to peak slightly higher, reaching a maximum of ₹2,743.21 and a minimum of ₹2,385.40. These projections reflect an upward trend in the stock’s performance, highlighting DOMS Industries Ltd’s strong market position as the year concludes.
| When | Maximum Price | Minimum Price |
| January 2025 | 2,770.65 | 2,131.27 |
| February 2025 | 2,798.63 | 2,152.79 |
| March 2025 | 2,857.40 | 2,198.00 |
| April 2025 | 2,829.11 | 2,176.24 |
| May 2025 | 2,746.71 | 2,112.86 |
| June 2025 | 2,870.31 | 2,207.93 |
| July 2025 | 2,814.03 | 2,164.64 |
| August 2025 | 2,901.07 | 2,231.59 |
| September 2025 | 2,935.88 | 2,258.37 |
| October 2025 | 3,012.21 | 2,317.09 |
| November 2025 | 3,087.52 | 2,375.01 |
| December 2025 | 3,226.45 | 2,481.89 |
As we move into 2025, DOMS Industries Ltd’s share price is projected to continue its upward trajectory. In January, the maximum price is expected to reach ₹2,770.65, while the minimum price could drop to ₹2,131.27. Progressing through the year, by December 2025, the maximum price is anticipated to rise to ₹3,226.45, with a minimum price of ₹2,481.89. This trend highlights the potential for significant growth and stability in DOMS Industries Ltd’s market performance throughout 2025.
| When | Maximum Price | Minimum Price |
| January 2026 | 3,323.25 | 2,556.34 |
| February 2026 | 3,240.17 | 2,492.44 |
| March 2026 | 3,304.97 | 2,542.28 |
| April 2026 | 3,372.42 | 2,594.17 |
| May 2026 | 3,339.03 | 2,568.48 |
| June 2026 | 3,422.50 | 2,632.70 |
| July 2026 | 3,355.40 | 2,581.07 |
| August 2026 | 3,459.17 | 2,660.90 |
| September 2026 | 3,528.35 | 2,714.12 |
| October 2026 | 3,620.09 | 2,784.69 |
| November 2026 | 3,710.59 | 2,854.30 |
| December 2026 | 3,803.36 | 2,925.66 |
| When | Maximum Price | Minimum Price |
| January 2027 | 3,841.39 | 2,954.92 |
| February 2027 | 3,939.89 | 3,030.68 |
| March 2027 | 4,093.55 | 3,148.88 |
| April 2027 | 4,013.28 | 3,087.14 |
| May 2027 | 3,896.39 | 2,997.22 |
| June 2027 | 4,071.73 | 3,132.10 |
| July 2027 | 3,991.89 | 3,070.68 |
| August 2027 | 4,115.35 | 3,165.65 |
| September 2027 | 4,259.39 | 3,276.45 |
| October 2027 | 4,370.13 | 3,361.64 |
| November 2027 | 4,479.38 | 3,445.68 |
| December 2027 | 4,591.37 | 3,531.82 |
| When | Maximum Price | Minimum Price |
| January 2028 | 4,683.19 | 3,602.46 |
| February 2028 | 4,803.28 | 3,694.83 |
| March 2028 | 4,990.60 | 3,838.93 |
| April 2028 | 4,892.75 | 3,763.65 |
| May 2028 | 4,750.24 | 3,654.03 |
| June 2028 | 4,964.00 | 3,818.46 |
| July 2028 | 4,866.67 | 3,743.59 |
| August 2028 | 5,017.19 | 3,859.37 |
| September 2028 | 5,192.79 | 3,994.45 |
| October 2028 | 5,327.80 | 4,098.31 |
| November 2028 | 5,460.99 | 4,200.76 |
| December 2028 | 5,597.52 | 4,305.78 |
| When | Maximum Price | Minimum Price |
| January 2029 | 5,709.47 | 4,391.90 |
| February 2029 | 5,855.87 | 4,504.51 |
| March 2029 | 6,084.24 | 4,680.19 |
| April 2029 | 5,964.95 | 4,588.42 |
| May 2029 | 5,791.21 | 4,454.78 |
| June 2029 | 6,051.81 | 4,655.24 |
| July 2029 | 5,933.15 | 4,563.96 |
| August 2029 | 6,116.65 | 4,705.12 |
| September 2029 | 6,330.73 | 4,869.79 |
| October 2029 | 6,495.33 | 4,996.41 |
| November 2029 | 6,657.72 | 5,121.32 |
| December 2029 | 6,824.16 | 5,249.35 |
| When | Maximum Price | Minimum Price |
| January 2030 | 6,960.64 | 5,354.34 |
| February 2030 | 7,139.12 | 5,491.63 |
| March 2030 | 7,417.55 | 5,705.80 |
| April 2030 | 7,272.10 | 5,593.93 |
| May 2030 | 7,060.29 | 5,431.00 |
| June 2030 | 7,378.01 | 5,675.39 |
| July 2030 | 7,233.34 | 5,564.11 |
| August 2030 | 7,457.05 | 5,736.19 |
| September 2030 | 7,718.05 | 5,936.96 |
| October 2030 | 7,918.72 | 6,091.32 |
| November 2030 | 8,116.69 | 6,243.60 |
| December 2030 | 8,319.60 | 6,399.70 |
As we move through 2030, DOMS Industries Ltd is anticipated to experience notable price dynamics. Starting in January, the maximum price could reach ₹6,960.64, with a minimum of ₹5,354.34. By mid-year in June, prices are expected to climb, with a peak of ₹7,378.01 and a floor of ₹5,675.39. As the year concludes in December, DOMS Industries Ltd’s share price might see a high of ₹8,319.60 and a low of ₹6,399.70, reflecting potential for growth and stability across the year.
Financial Condition of DOMS Industries Ltd
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 654 | 405 | 684 | 1,212 | 1,537 | 1,603 |
| Expenses + | 578 | 380 | 614 | 1,025 | 1,264 | 1,306 |
| Operating Profit | 76 | 25 | 70 | 187 | 273 | 297 |
| OPM % | 12% | 6% | 10% | 15% | 18% | 19% |
| Other Income + | 1 | 5 | 3 | 5 | 10 | 15 |
| Interest | 4 | 7 | 10 | 12 | 17 | 17 |
| Depreciation | 25 | 28 | 38 | 41 | 51 | 55 |
| Profit before tax | 48 | -5 | 24 | 139 | 214 | 239 |
| Tax % | 21% | -17% | 29% | 26% | 26% | |
| Net Profit + | 38 | -4 | 17 | 103 | 160 | 178 |
| EPS in Rs | 967.52 | -184.16 | 385.5 | 2,572.08 | 25.23 | 28.53 |
| Dividend Payout % | 0% | 0% | 39% | 10% | 10% |
DOMS Industries Ltd has demonstrated remarkable financial growth over the past few years. From March 2020 to March 2024, the company’s sales surged from ₹654 crore to ₹1,537 crore, reflecting a consistent rise in demand. Expenses followed a similar trend, growing from ₹578 crore in 2020 to ₹1,264 crore in 2024. Despite the increasing costs, DOMS managed to enhance profitability, with operating profit growing from ₹76 crore to ₹273 crore, and the operating profit margin (OPM) improving from 12% in 2020 to 18% by 2024.
The company’s net profit witnessed significant growth, increasing from ₹38 crore in 2020 to ₹160 crore in 2024. Earnings per share (EPS) also surged from ₹967.52 to ₹25.23 over the same period, indicating higher returns to shareholders. However, in 2021, the company faced a setback, with a net loss of ₹4 crore due to challenging market conditions and higher tax impacts. Yet, by 2023, the situation improved, resulting in a strong profit of ₹103 crore.
DOMS Industries Ltd’s dividend payout policy remained conservative, maintaining a 10% payout in 2023 and 2024, compared to a 39% payout in 2022. Other income increased to ₹10 crore in 2024, which, alongside the company’s core business performance, has supported steady financial growth. Depreciation and interest expenses rose but were well-managed within the company’s expanding operations, indicating healthy financial stability moving forward.
FAQS
As of October 25th, 2024, the share price of DOMS Industries Ltd is around INR ₹2,592.
Based on various market analyses and expert opinions, the expected share price target of DOMS Industries Ltd by 2024 is around INR 2,743.21.
As per our analysis, DOMS Industries Ltd in 2025 is expected to trade between ₹2,112.86 to ₹3,226.45.
As per our analysis, DOMS Industries Ltd share price target for 2030 would be somewhere between ₹5,354.34 and ₹8,319.60.
Also Read
- Bajaj Housing Finance Ltd Share Price Target 2024, 2025 to 2030
- Rail Vikas Nigam Limited Share Price Target 2024, 2025 to 2030
- TTK Prestige Ltd Share Price Target 2024, 2025 to 2030
Conclusion
In conclusion, DOMS Industries Ltd has established itself as a leading player in India’s stationery and art materials sector, showing consistent growth and strategic market expansion. The company’s financial performance has steadily improved, with significant revenue growth from ₹654 crore in 2020 to ₹1,537 crore in 2024 and an impressive operating profit margin increase to 19%. Its acquisition of a 51% stake in Unilan Healthcare Pvt Ltd suggests a forward-looking approach to diversification, potentially opening new revenue streams in healthcare-related products.
DOMS’s share price projections indicate a positive outlook, with an expected steady rise from the end of 2024 through 2030, reaching up to ₹8,319.60 by December 2030. With stable promoter holdings and growing interest from Foreign Institutional Investors, DOMS is poised to strengthen its market position further, bolstered by both domestic and international market reach. This outlook highlights the company’s strong foundation, strategic growth moves, and potential for continued market leadership.
What did we learn?
- 1 Recent News on Doms Industries Ltd
- 2 Shareholdings Patterns of DOMS Industries Ltd
- 3 How to Purchase DOMS Industries Ltd Shares in India?
- 4 DOMS Industries Ltd Share Price Target 2024, 2025 to 2030
- 4.1 DOMS Industries Ltd Share Price Target 2024
- 4.2 DOMS Industries Ltd Share Price Target 2025
- 4.3 DOMS Industries Ltd Share Price Prediction 2026
- 4.4 DOMS Industries Ltd Share Price Target 2027
- 4.5 DOMS Industries Ltd Share Price Prediction 2028
- 4.6 DOMS Industries Ltd Share Price Target 2029
- 4.7 DOMS Industries Ltd Share Price Prediction 2030
- 5 Financial Condition of DOMS Industries Ltd
- 6 FAQS
- 7 Conclusion
