While half the country was busy decoding Chandrayaan 4 memes, DOMS quietly decided to launch its own rocket—made of pencils, pens, and wet wipes. Q1 FY26 numbers were less about stationery and more about proving you can sell art kits and diapers with the same straight face. Spoiler: margins still behaved like a distracted schoolkid in the last bench. Read on—things get juicier than a geometry box filled with scented erasers.
2. At a Glance
Revenue up 26% – CFO swears it’s not just kids buying 4 pens before exams.
EBITDA +14% – Sidekick showed up, but forgot its cape.
Margins 17.6% – As steady as your school canteen samosa supply.
PAT ₹59.1 cr (10.5%) – Profits were punctual but not impressive.
CAPEX ₹70 cr – Because one giant 44-acre stationery Disneyland is apparently not enough.
Rahul Shah (CFO): “We saw growth across diversified portfolios and domestic demand optimism.” (Translation: India’s parents will never stop buying pencils, even if GDP crashes.)
“Exports to US are 5.8% of sales; tariffs rising to 50.65% won’t kill us.” (Basically: Uncle Sam can slap tariffs, we’ll still sell crayons elsewhere.)
“Scholastic stationery grew 2%, art materials flat, combos up 50%.” (Translation: Kids love overpriced combo packs. Individual pencils? Meh.)
“Office supplies grew 77% led by pens.” (Domino’s has pizza, DOMS has pens—Rs.5 MRP is their Margherita.)
“Uniclan baby hygiene EBITDA margins will stabilize at 8-9%.” (Translation: Baby wipes = new cash wipes. Investors, please don’t cry.)
“44-acre project will require 12-13k workers when fully operational.” (Basically: One day, this plant will employ an entire small town.)
“We don’t look at competition, we just focus on our own products.” (Translation: Let Camlin keep making erasers, we’re busy conquering Instagram.)
