DAMODARINDBSEDamodar Industries Ltd-$· Textiles & ApparelsHighNeutral
Announced Fri, 15 May, 2026 · 18:12 IST

Outcome of the Board Meeting

Pat Growth 25pctDebt Equity ThresholdResults View source PDFExplain this filing

DAMODARIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.8%Reaction day
₹28.00
prior close
₹28.72
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+3.1% vs market
Other Textile Products peers, median of 180sector-1.6%+3.4% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day
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Next day
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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 180Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Damodar Industries Limited held its Board Meeting on May 15, 2026, and approved the audited financial results for Q4 and the full year ended March 31, 2026. The company reported total income of Rs. 9,328.94 Lakhs for FY2026, marginally up from Rs. 9,166.00 Lakhs in the previous year. Net profit surged significantly to Rs. 747.61 Lakhs compared to Rs. 320.96 Lakhs in FY2025, representing a 133% increase. The statutory auditor M/s Devpura Navlakha & Co. issued an unmodified (clean) opinion on the financial results. The board also appointed M/s Dilip M. Bathija as Cost Auditor for FY2026-27 and scheduled the 38th AGM for August 8, 2026.

Likely market impact

The company delivered strong profit growth with a clean audit, which is a positive signal for shareholders. However, the debt-to-equity ratio stands at approximately 1.31, indicating high leverage that investors should monitor.