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← CockpitCompetitor Analysis › DOMS.NS DOMS IndustriesOpen in the cockpit ↗

DOMS IndustriesDOMS.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Office Equipment/Supplies

Makes pencils, crayons, stationery and art supplies in India through a joint venture with Italy's FILA Group.

≈ India's CrayolaMomentum weak 39
Mkt cap
$1.32B
US dollars, full cap
Free float
37%
of shares outstanding
$/day
$1.04M
20-day average traded
Fwd P/E
56.1×
forward earnings
ROIC−WACC
+0.6 pp
WACC 12.1%
Hurdle
n/a
no reverse DCF
Next earnings
96 days
10 Feb 2027
Close · INR₹2,054
1D+0.2%
1W+12.6%
1M-0.2%
3M-8.8%
6M-12.8%
YTD-21.5%
1Y-19.1%
ATR %3.4%
Beta0.81
52w lowhigh25.4% off high

What DOMS Industries does

Makes pencils, crayons, stationery and art supplies in India through a joint venture with Italy's FILA Group.

Sells through a nationwide network of distributors to stationery shops, with school-term buying of pencils and art supplies setting a seasonal rhythm. Most output is made at its own plants in Umbergaon, Gujarat, which keeps costs under control. It listed on the stock market in December 2023.

In one line: India's Crayola.

Products and services

  • Pencils/writing instruments
  • Crayons/art supplies
  • Mathematical/geometry sets
  • Paper stationery

Customers

  • Students/schools
  • Retail stationery stores
  • Export markets

Where it sits in the supply chain

  • Raw materials (wood, wax, pigments)
  • Stationery manufacturing
  • Distribution/retail

What could go right

  • School enrollment/stationery demand growth
  • Export growth to new markets

What could go wrong

  • Raw material (wax, wood pulp) cost swings
  • Seasonality around school terms

Moat: narrow (brand, distribution). Strong retail distribution network and FILA technology tie-up support a leading domestic stationery brand.

Headquarters: Mumbai, India · Founded: 1974 · Employees: 12,174

Named competitors

  • Kokuyo Camlin private or unlisted
  • Navneet Education NAVNETEDUL.NS
  • Linc Pen private or unlisted

DOMS Industries at a glance

Size DOMS Industries (DOMS.NS) is an India Industrials company (Office Equipment/Supplies) with a market value of $1.32B, the 513th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹2,054 on 6 Nov 2026.

Performance Over six months the shares fell 12.8%, against -1.0% for the median peer and 0.0% for the India market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 18.4% over the last twelve months (peer median +6.5%); the operating margin is 10.9% (peer median 6.4%).

Valuation It trades at 56.1× forward earnings against a peer median of 12.7× (most expensive of 18).

Capital Return on invested capital runs 0.6 points above its cost of capital (12.1% WACC).

Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026Peer median 98DOMS.NS 88
Six months, rebased to 100: DOMS Industries against the median of its 19 peers (local-currency closes).

DOMS Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹25.3B₹23.2B₹19.1B₹15.3B₹12.1B
Revenue growth—+22%+24%+27%—
Gross profit₹5.87B₹4.81B₹3.95B₹2.98B₹2.04B
EBITDA₹3.70B₹4.03B₹3.47B₹2.71B₹1.83B
Net income₹1.96B₹2.30B₹2.02B₹1.53B₹958M
Free cash flown/a-₹367M-₹263M₹192M₹242M
Capital expendituren/a₹2.93B₹2.13B₹1.53B₹1.36B
Total debt₹2.60B₹1.41B₹2.12B₹1.72B₹1.40B

Quarterly statements and history in the cockpit →

DOMS Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+50%+100%+150%-20%0%+20%000815MLKN78464902797279840023016957603081002048600609603600300729603661WSTCSTPAPRFILA002103ACCODOMS.NS6-month return →1-month return →
Up and to the right = strong over both horizons. DOMS Industries is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×60×MLKN7846490279840023016957603081002048603600300729HNIACCODOMS.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. DOMS Industries is the large dot.

DOMS Industries competitors and peer comparison

Head to head with its named competitors (DOMS.NS vs NAVNETEDUL.NS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
DOMS Industries DOMS.NS$1.32B-13%+18%11%56.1×n/a
Navneet Education NAVNETEDUL.NS$303M-13%-4%10%16.8×19.3%

How DOMS Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

DOMS Industries against its 19 peers (data as of 6 Nov 2026)
MeasureDOMS.NSPeer medianRank in peer set
1-month return-0.2%-1.0%10th highest of 20
6-month return-12.8%-1.0%9th lowest of 20
Distance from 52-week high-25.4%-24.5%10th lowest of 20
Revenue growth (TTM)+18.4%+6.5%2nd highest of 20
Operating margin10.9%6.4%4th highest of 20
Forward P/E56.1×12.7×most expensive of 18
ROIC minus cost of capital+0.6 pp+2.8 pp9th lowest of 20
EV / EBITDA34.5×8.8×most expensive of 12
Net debt / EBITDA0.6×1.5×6th least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
DOMS Industries DOMS.NSIndia$1.32B-13%+18%11%56.1×n/an/a
MCC Meili Cloud Computing Industry Investment 000815.SZChina$1.41B-29%-25%10%n/a51.4%-21.7%
MillerKnoll MLKNUnited States$1.48B+32%+1%6%11.2×7.3%+9.3%
PILOT 7846.TJapan$1.62B+33%+7%14%14.6×-3.8%+7.7%
Konica Minolta 4902.TJapan$1.79B+14%0%5%9.7×-5.6%+4.7%
ITOKI 7972.TJapan$784M-26%+10%9%10.3×1.7%+5.7%
Kokuyo 7984.TJapan$2.23B+9%+9%7%16.9×-6.2%+3.7%
Shenzhen Comix 002301.SZChina$717M-1%+13%1%32.5×-0.5%+8.4%
Horizon Fixture 6957.TWTaiwan$712M+162%+15%18%20.3×8.6%+9.6%
Zhejiang Dafeng Industry 603081.SSChina$679M-14%+18%0%27.5×-4.3%-1.0%
Ningbo Huaxiang Electronic 002048.SZChina$2.60B-27%-19%7%11.3×0.1%+9.1%
Jinbei Automotive 600609.SSChina$618M-21%+4%7%n/a-5.4%-3.6%
UE Furniture 603600.SSChina$579M-1%+13%6%12.5×-7.9%+7.3%
Loctek Ergonomic Technology 300729.SZChina$552M-13%+6%6%22.4×-9.4%+28.2%
Henglin Home Furnishings 603661.SSChina$543M-13%+13%4%12.7×-11.5%+19.8%
West Coast Paper Mills WSTCSTPAPR.NSIndia$516M+42%+8%6%13.0×28.8%+13.8%
HNI HNIUnited States$3.42B+41%+104%6%10.7×8.4%+7.7%
F.I.L.A. - Fabbrica Italiana Lapis ed Affini FILA.MIItaly$509M+1%+1%11%9.8×-4.3%-1.2%
Guangbo Group Stock 002103.SZChina$507M-19%+4%5%20.8×7.0%+1.1%
ACCO Brands ACCOUnited States$467M+25%+2%7%5.5×-0.9%-1.6%

Questions

Who are DOMS Industries's main competitors?
Named competitors: Kokuyo Camlin (private or unlisted), Navneet Education (NAVNETEDUL.NS), Linc Pen (private or unlisted). The cockpit's measured peer set (industry) also includes MCC Meili Cloud Computing Industry Investment (000815.SZ), MillerKnoll (MLKN), PILOT (7846.T), Konica Minolta (4902.T), ITOKI (7972.T), Kokuyo (7984.T).
Is DOMS Industries expensive compared with its peers?
On forward p/e it trades at 56.1× against a peer median of 12.7×, most expensive of 18 in its peer set.
How has DOMS Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -12.8% against -1.0% for the median peer; over one year -19.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.