Damodar Indust.

What does Damodar Indust. do?

Damodar Industries Ltd is a micro-cap company in the Garments & Apparels industry, specializing in the manufacture of synthetic blended yarns. As of March 2025, it reported net sales of ₹85 Cr and a net profit of ₹3 Cr, with a market cap of ₹86 Cr.

Overview: <BR>Damodar Industries Ltd is a micro-cap company operating in the Garments & Apparels industry, primarily engaged in the manufacture of synthetic blended yarns.<BR><BR>History: <BR>Damodar Industries Ltd was originally incorporated as 'Damodar Threads Limited' in 1987. It became a public limited company in 1992 and was renamed to its current title on January 22, 2023. The most recent quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 85 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 86 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 21.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.30 <BR>Return on Equity: 2.81% <BR>Price to Book: 0.59 <BR><BR>Contact Details: <BR>Address: 19/22 & 27/30 Madhu Estate, Pandurang Budhkar Marg Worli Mumbai Maharashtra : 400013 <BR>Tel: 91-22-66610301/66610302 <BR>Email: cs@damodargroup.com <BR>Website: http://www.damodargroup.com

What is the bonus history of the Damodar Indust.?

Damodar Industries Ltd announced a bonus issue on September 2, 2015, at a ratio of 1:4, meaning shareholders received one additional share for every four shares held. No other bonus issues are recorded.

Damodar Industries Ltd has a bonus history that includes a notable issue announced on September 2, 2015, with a ratio of 1:4. The record date for this bonus was September 3, 2015. This means that for every four shares held, shareholders received one additional share as a bonus. There are no other bonus issues recorded in the available information. If you need more details or have other questions about the company, feel free to ask!

Has Damodar Indust. declared dividend?

Damodar Industries Ltd has declared a 10% dividend, amounting to 0.5 per share, with an ex-date of July 15, 2022. However, the total returns over various periods show significant negative performance, and the dividend yield remains at 0%.

Damodar Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.5<BR>- Ex-date: 15 Jul 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -20.46%, the dividend return was 0%, resulting in a total return of -20.46%.<BR><BR>In the 1 year period, the price return was -23.28%, the dividend return was 0%, leading to a total return of -23.28%.<BR><BR>In the 2 years period, the price return was -18.6%, the dividend return was 0%, which resulted in a total return of -18.6%.<BR><BR>In the 3 years period, the price return was -24.23%, the dividend return was 1.23%, culminating in a total return of -23.0%.<BR><BR>In the 4 years period, the price return was 4.09%, the dividend return was 1.35%, resulting in a total return of 5.44%.<BR><BR>In the 5 years period, the price return was 68.88%, the dividend return was 2.00%, leading to a total return of 70.88%.<BR><BR>Overall, while Damodar Industries Ltd has declared a dividend, the total returns over various periods show significant negative performance in the short to medium term, with a notable recovery in the long term. The dividend yield remains at 0%, indicating that the dividend may not be sufficient to offset the price declines experienced in recent periods.

Who are the peers of the Damodar Indust.?

Damodar Indust.'s peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shalimar Wires, Ashnoor Textile, Shekhawati Inds, and APM Industries. In terms of management risk, growth, and returns, Damodar Indust. ranks below average compared to its peers.

Peers: The peers of Damodar Indust. are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shalimar Wires, Ashnoor Textile, Shekhawati Inds, and APM Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Shalimar Wires. Average management risk is noted for Ashnoor Textile, Shekhawati Inds, and APM Industries, while Below Average management risk is attributed to Damodar Indust. and Trident. In terms of Growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted for Shalimar Wires and the rest have Below Average growth. Capital Structure ratings show Excellent for Page Industries and K P R Mill Ltd, Good for Trident and APM Industries, and Below Average for Damodar Indust., Shalimar Wires, Ashnoor Textile, Shekhawati Inds, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Shekhawati Inds at 514.87%, while the lowest is Vedant Fashions at -24.65%. Damodar Indust.'s 1-year return is -23.73%, which is higher than Vedant Fashions but lower than all other peers. Additionally, the six-month return is negative for Vedant Fashions, Trident, Shalimar Wires, APM Industries, and Celebrity Fash.

What is the technical trend for Damodar Indust.?

As of June 2, 2025, Damodar Industries is in a mildly bearish trend, with daily moving averages and monthly MACD indicating bearish momentum, despite some mildly bullish signals from weekly MACD and Bollinger Bands.

As of 2 June 2025, the technical trend for Damodar Indust. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating bearish momentum and a monthly MACD showing bearish signals. While the weekly MACD and Bollinger Bands are mildly bullish, they are overshadowed by the overall bearish signals in the monthly indicators. The stock has underperformed significantly compared to the Sensex over various time frames, particularly in the year-to-date and one-year periods.

Who are in the management team of Damodar Indust.?

As of March 2022, the management team of Damodar Indust. includes Arun Kumar Biyani (Chairman), Ajay D Biyani (Managing Director), Anil D Biyani (Executive Director), Ketan K Patel, Pankaj Srivastava, and Mamta Ashok Biyani (all Non-Executive & Independent Directors), along with Subodh Kumar Soni (Company Secretary & Compliance Officer). This team oversees the company's operations and strategic direction.

As of March 2022, the management team of Damodar Indust. includes the following members:<BR><BR>1. Arun Kumar Biyani - Chairman (Non-Executive)<BR>2. Ajay D Biyani - Managing Director<BR>3. Anil D Biyani - Executive Director<BR>4. Ketan K Patel - Non-Executive & Independent Director<BR>5. Pankaj Srivastava - Independent Director<BR>6. Subodh Kumar Soni - Company Secretary & Compliance Officer<BR>7. Mamta Ashok Biyani - Non-Executive & Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the top shareholders of the Damodar Indust.?

The top shareholder of Damodar Indust. is Arun Kumar Biyani, holding 18.24% of shares, while public shareholder Tejraj Motilal Inani Huf holds 1.32%. There are no mutual funds or foreign institutional investors currently involved, and individual investors collectively own 22.09% of the company.

The top shareholders of Damodar Indust. primarily include the promoters, with Arun Kumar Biyani holding the largest share at 18.24%. The pledged promoter holdings stand at 30.144%. In terms of public shareholders, Tejraj Motilal Inani Huf is the highest, holding 1.32%. Additionally, individual investors collectively hold 22.09% of the company's shares. Notably, there are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

How big is Damodar Indust.?

As of 24th July, Damodar Industries Ltd has a market capitalization of 89.00 Cr, with recent net sales of 421.45 Cr and a net profit of 4.05 Cr. The latest balance sheet shows shareholder's funds of 119.85 Cr and total assets of 418.29 Cr.

As of 24th July, Damodar Industries Ltd has a market capitalization of 89.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 421.45 Cr and a Net Profit of 4.05 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 119.85 Cr and Total Assets of 418.29 Cr.

Are Damodar Indust. latest results good or bad?

Damodar Industries' latest results show a significant 259.09% increase in Profit After Tax, indicating improved profitability, but a 36.84% decline in net sales and low operating cash flow raise concerns about sustainability. Overall, the performance is mixed, warranting close monitoring in future quarters.

Damodar Industries' latest results present a mixed picture. On the positive side, the company has shown a remarkable year-on-year growth in Profit After Tax (PAT), increasing by 259.09% to Rs 5.53 crore over the last six months. This indicates a strong upward trend in profitability, and the reduction in the debt-equity ratio to 1.31 times is a positive sign of improved financial stability.<BR><BR>However, there are significant challenges as well. The company experienced a substantial decline in net sales, down 36.84% year-on-year to Rs 188.50 crore. Additionally, the operating cash flow has reached a three-year low, which raises concerns about the sustainability of its operations. The fact that non-operating income made up 178.44% of Profit Before Tax also suggests potential vulnerabilities in the business model.<BR><BR>Overall, while the profitability metrics show improvement, the drop in sales and cash flow issues indicate that the company's performance is not entirely positive. It would be prudent to monitor how these factors evolve in the coming quarters.

When is the next results date for Damodar Indust.?

Damodar Indust. will announce its results on 14 October 2025.

Damodar Indust. will declare its results on 14 October 2025.

Is Damodar Indust. overvalued or undervalued?

As of October 14, 2025, Damodar Industries is considered an attractive investment due to its low PE ratio of 9.83, low Price to Book Value of 0.54, and a PEG ratio of 0.05, indicating potential undervaluation compared to peers like K P R Mill Ltd and Trident, despite a year-to-date return of -23.55%.

As of 14 October 2025, the valuation grade for Damodar Industries has moved from very attractive to attractive. Based on the current analysis, the company appears to be undervalued. The PE ratio stands at 9.83, while the Price to Book Value is notably low at 0.54, indicating potential upside. Additionally, the EV to EBITDA ratio is 10.55, which is relatively favorable compared to its peers.<BR><BR>In comparison to its industry peers, Damodar Industries shows a more attractive valuation than K P R Mill Ltd, which has a PE ratio of 42.08 and is considered very expensive, and Trident, which has a PE of 32.54 and is rated fair. Notably, the PEG ratio for Damodar is exceptionally low at 0.05, suggesting that the stock may be undervalued relative to its growth potential. Despite recent underperformance against the Sensex, with a year-to-date return of -23.55% compared to the Sensex's 4.98%, the valuation metrics indicate that Damodar Industries could represent a buying opportunity for investors looking for value in the garments and apparels sector.

How has been the historical performance of Damodar Indust.?

Damodar Indust. has experienced significant financial declines, with net sales and total operating income dropping from INR 908.60 crore in March 2022 to INR 421.44 crore in March 2025, while profit before tax fell to INR 3.40 crore in March 2025. Despite a slight recovery in profit after tax, the overall performance indicates a challenging environment with reduced revenues and tightening cash flow.

Answer:<BR>The historical performance of Damodar Indust. shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Damodar Indust. experienced a decline in net sales from INR 908.60 crore in March 2022 to INR 421.44 crore in March 2025. This downward trend is mirrored in total operating income, which decreased from INR 908.60 crore in March 2022 to the same INR 421.44 crore in March 2025. The raw material costs also fell from INR 492.65 crore in March 2022 to INR 195.52 crore in March 2025, while total expenditure excluding depreciation decreased from INR 829.68 crore to INR 402.49 crore in the same period. Operating profit (PBDIT) saw a decline from INR 78.92 crore in March 2022 to INR 44.16 crore in March 2025. Profit before tax fluctuated, reaching a low of INR 3.40 crore in March 2025 after peaking at INR 29.22 crore in March 2022. Profit after tax showed a recovery, increasing from INR 0.80 crore in March 2023 to INR 5.40 crore in March 2025. The company's total liabilities decreased from INR 450.55 crore in March 2022 to INR 352.40 crore in March 2025, while total assets also declined from INR 450.55 crore to INR 352.40 crore in the same timeframe. Cash flow from operating activities decreased from INR 70.00 crore in March 2024 to INR 37.00 crore in March 2025, indicating a tightening cash position. Overall, the financial performance of Damodar Indust. reflects a challenging environment with declining revenues and profits, alongside a reduction in liabilities and assets.

Should I buy, sell or hold Damodar Industries Ltd?

Why is Damodar Industries Ltd falling/rising?

As of 23-Mar, Damodar Industries Ltd's stock price is at Rs 22.50, down 11.35%, reflecting a broader trend of underperformance compared to the Sensex. The stock faces high volatility, declining investor interest, and weak long-term fundamentals, contributing to its falling price.

As of 23-Mar, Damodar Industries Ltd's stock price is falling, currently at Rs 22.50, reflecting a decrease of Rs 2.88 or 11.35%. This decline is part of a broader trend, as the stock has underperformed the benchmark Sensex, which has decreased by 3.72% over the past week, while Damodar Industries has fallen by 4.78%. Over the past month, the stock has seen a significant drop of 10.22%, compared to a 12.72% decline in the Sensex.<BR><BR>Today's trading session has been particularly challenging for the stock, which opened with a loss of 6.23% and reached an intraday low of Rs 22.50, marking a substantial decline. The stock is also close to its 52-week low, just 2.22% away from that point. Furthermore, the stock has been highly volatile, with an intraday volatility of 5.84%, indicating instability in its price movements.<BR><BR>In terms of market sentiment, there has been a notable decrease in investor participation, with delivery volume dropping by 53.9% compared to the 5-day average. This lack of interest may be contributing to the downward pressure on the stock price. Additionally, Damodar Industries is trading below its moving averages across various time frames, suggesting a bearish trend.<BR><BR>While there are some positive factors, such as improved operating profit and a low debt-equity ratio, these have not been sufficient to offset the negative sentiment surrounding the stock. The company has shown weak long-term fundamental strength, with a -6.04% compound annual growth rate in net sales over the last five years and a high debt-to-EBITDA ratio of 6.54 times, indicating challenges in servicing its debt. Moreover, 30.2% of promoter shares are pledged, which can exert additional downward pressure in a falling market.<BR><BR>Overall, the combination of poor recent performance, high volatility, declining investor interest, and weak long-term fundamentals are contributing to the falling stock price of Damodar Industries Ltd.

Why is Damodar Industries Ltd falling/rising?

As of 24-Mar, Damodar Industries Ltd's stock price is Rs. 22.50, marking a new 52-week low and a significant decline in value. The stock has underperformed over various time frames, with a year-to-date drop of 24.37% compared to the Sensex's 13.09%, indicating a bearish trend and declining investor confidence.

As of 24-Mar, Damodar Industries Ltd's stock price is currently at Rs. 22.50, showing no change from the previous trading session. The stock has hit a new 52-week low today, indicating a significant decline in its value. Over the past week, the stock has underperformed, with a decrease of 1.06%, while the benchmark Sensex has fallen by 2.63%. <BR><BR>In the last month, the stock has experienced a notable decline of 10.36%, compared to a 9.92% drop in the Sensex. Year-to-date, the stock is down 24.37%, significantly worse than the Sensex's decline of 13.09%. Over the past year, Damodar Industries Ltd has decreased by 26.23%, while the Sensex has only fallen by 5.02%. The three-year performance shows a stark contrast, with the stock down 46.49% compared to a 28.75% increase in the Sensex.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 2.59%, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.78% against the 5-day average. This decline in trading activity further reflects a lack of confidence among investors.<BR><BR>Overall, the combination of hitting a new low, underperformance relative to both the sector and the benchmark, and declining investor participation are key factors contributing to the falling stock price of Damodar Industries Ltd.

Why is Damodar Industries Ltd falling/rising?

As of 25-Mar, the stock price of Damodar Industries Ltd is currently at Rs 22.49, showing a 2.18% increase after previous declines, but it has a year-to-date drop of 24.40% and is trading below key moving averages, indicating a bearish trend despite increased investor interest.

As of 25-Mar, the stock price of Damodar Industries Ltd is rising, currently at Rs 22.49, reflecting an increase of Rs 0.48 or 2.18%. This upward movement comes after two consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 0.49% today, suggesting a relative strength compared to its peers.<BR><BR>Despite the positive movement today, it is important to note that the stock has been underperforming over longer periods, with a year-to-date decline of 24.40% and a one-year decline of 23.16%. Furthermore, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend.<BR><BR>However, there is a notable increase in investor participation, with delivery volume rising by 101.08% compared to the 5-day average, which may contribute to the current price rise. The stock is also close to its 52-week low, being only 2.18% away, which could be prompting some buying interest as investors look for potential value. Overall, while the stock is experiencing a rise today, its longer-term performance remains concerning.

Which are the latest news on Damodar Indust.?