DOMS Industries is a leading stationery and art product manufacturer in India. It has an extensive product portfolio, with over 3,800 distinguishable products.
Market leader in the Indian stationery and art material industry, with a market share of 12 per cent as of FY23.
Its strategic partnership with FILA, a leading global stationery manufacturer, provides it access to international markets
Revenue concentration. Wooden pencils, one of its core products, accounted for about more than 30 per cent of revenue in the last three financial years.
It is reliant on FILA for business operations and R&D.
Is the company's net debt-to-equity ratio less than one? Yes, as of September 2023, its net debt-to-equity ratio was 0.3.