DOMSNSEDOMS Industries LimitedMediumNeutral
Announced Mon, 18 May · 18:38 IST

DOMS Industries Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

DOMS · price

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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹2280.00
prior close
₹2322.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.2-2.0-2.2-0.8-2.0-3.3-3.6-3.3-3.9-7.9+0.2-0.5
Up moveDown movePending
AI summary

DOMS Industries reported strong FY26 results with standalone revenue of ₹20,671.59 crore (up 19.5% YoY) and net profit of ₹2,195.07 crore (up 15.6% YoY). Consolidated revenue stood at ₹23,449.34 crore with net profit of ₹2,395.63 crore. The Board recommended a final dividend of ₹3.65 per share (up from ₹3.15), subject to shareholder approval at the AGM. Mr. Santosh Raveshia (Managing Director) and Mr. Sanjay Rajani (Whole-time Director) were re-appointed for 5-year terms from January 2027. New Cost Auditors (B.F. Modi & Associates) and Internal Auditors (HTKS & Co.) were appointed for FY27. The statutory auditors issued an unmodified opinion on the financial statements. The company also acquired Super Treads Private Limited as a subsidiary during the year.

Likely market impact

Strong financial performance with consistent growth in revenue and profitability. Dividend increase signals confidence in cash generation. Re-appointment of key management ensures continuity. The disclosure of family relationships among directors (Raveshia family) is noted but standard for promoter-led companies.