Doms Industries Reports Strong Q3 FY24-25 Performance Amid Promoter Stake Reduction

Doms Industries, a midcap player in the Printing & Stationery sector, has recently undergone an evaluation adjustment reflecting its current market position and financial metrics. The company reported positive financial performance for the third quarter of FY24-25, showcasing a robust average Return on Equity (ROE) of 20.60%. This indicates strong long-term fundamental strength, supported by impressive growth in net sales, which have increased at an annual rate of 49.80%, alongside a significant rise in operating profit at 196.24%.
Doms Industries has consistently delivered positive results over the last four quarters, with a profit after tax (PAT) of Rs 102.06 crore, marking a growth of 39.14%. The company also achieved its highest quarterly net sales at Rs 501.11 crore and a peak PBDIT of Rs 87.85 crore. Despite these strong metrics, the technical trend has shown signs of sideways movement, indicating a lack of clear price momentum.

Additionally, the company’s ability to service debt remains strong, evidenced by a low Debt to EBITDA ratio of 0 times. However, a notable shift in promoter confidence is observed, with a decrease in their stake by 4.57% in the previous quarter, now holding 70.39% of the company.

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