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DOMS Industries Limited (DOMS) Fair Value & Analysis

Industrials · IN · Market cap ₹136B

DI DOMS Industries Limited DOMS · NSE
Price₹2,242
Fair Value₹782.96
Upside-65.1%
Quality56/100
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Expensive Growth
Thin margins · 9.9% net margin
Low debt · negative free cash flow
0.16% dividend yield
Mixed vs. peers (6/13)
Moderate moat 61/100
Evidence: Medium Range ₹583.95 – ₹981.98 Share as image

Fair value as of: Aug 2, 2026

From 17 valuation models · updated 11 days ago

Share price −5.0% over the past month.

A solid business, but screening 65% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹981.98). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (3 years)

₹3,065 ₹1,248 Fair Value ₹782.96 Dec 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

32‑month range ₹1,248 – ₹3,065 · fair‑value band ₹583.95 – ₹981.98 · the ₹2,242 price screens above the ₹782.96 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

DOMS Industries Limited (DOMS) currently trades at ₹2,242, while our model-based Fair Value estimate is ₹782.96, implying the stock looks roughly 65.1% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, DOMS Industries Limited generated revenue of ₹23.3B at a net margin of 9.9%. Revenue grew 18.7% year over year. It earns a return on equity of 20.1%. Net debt stands at ₹795M. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹583.95 (bear case) to ₹981.98 (bull case); at ₹2,242, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at -65%, DOMS screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹256.19 ₹357.76 ₹1,763 76
ROIC Compounder ₹496.65 ₹763.02 ₹929.87 72
Gordon GGM ₹28.92 ₹60.13 ₹95.40 70
All 17 models by family
DCF Models
Owner Earnings ₹69.76 ₹153.76 ₹330.10 31
Earnings-Based
Graham-Dodd ₹257.91 ₹1,799 ₹2,524 54
Lynch FV ₹775.53 ₹1,108 ₹1,440 50
PEG = 1.0 ₹775.53 ₹1,108 ₹1,440 46
EPV ₹367.65 ₹428.28 ₹481.32 59
Dividend Discount
Gordon GGM ₹28.92 ₹60.13 ₹95.40 70
DDM Multi-Stage ₹28.92 ₹50.71 ₹63.11 61
Multiples
P/E Multiple ₹625.82 ₹834.43 ₹1,043 63
P/S Multiple ₹345.00 ₹460.00 ₹574.99 58
P/B Multiple ₹483.59 ₹644.79 ₹805.98 55
EV/EBIT ₹703.48 ₹936.67 ₹1,170 53
EV/EBITDA ₹600.96 ₹799.97 ₹998.99 54
EV/Revenue ₹325.91 ₹463.91 ₹601.91 43
Asset-Based
NCAV (Graham) ₹100.49 ₹134.66 ₹200.98 50
Economic Profit
Residual Income ₹256.19 ₹357.76 ₹1,763 76
ROIC Compounder ₹496.65 ₹763.02 ₹929.87 72
Growth Earnings
Growth-Adj P/E ₹975.04 ₹1,393 ₹1,811 68

Widest divergence: Growth Earnings (₹1,393) versus Dividend Discount (₹50.71). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹23.3B
Revenue growth (YoY) +18.7%
Net margin 9.9%
Return on equity 20.1%
Free cash flow −₹367M FY2026
P/E ratio 59.3
More key figures
Operating margin 12.9%
EPS (TTM) ₹37.84
Dividend yield 0.2%
EPS growth (YoY) +16.8%
Net debt ₹795M FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 57 · Market factors (momentum, volatility) 48

Profitability 72
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 14
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 27
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

DOMS Industries Limited engages in the design, development, manufacturing, and sale of stationery and art material products under the DOMS brand name in India and internationally.

Full company description

DOMS Industries Limited engages in the design, development, manufacturing, and sale of stationery and art material products under the DOMS brand name in India and internationally. It offers pencils, erasers, sharpeners, mathematical instruments, chalk and chalk holders, writing boards, crayons, oil pasters, color pencils, poster colours, water colours, sketch pens, brush pens, tempera colors, and brushes, as well as modeling clays, playing doughs, glitter glues, glue stick, scholastic adhesives, acrylic paints, artists brush, kneadable erasers, pigment liners, canvas boards, and artists water colours. It also provides pens, board markers, permanent markers, and correction pens; notebooks, exercise and drawing books, sketch pads, coloring books, wiro books, executive diaries, and conference pads; stationery kits, art material kits, painting kits, and combo packs; as well as baby diapers and wet wipes. In addition, it provides packaging services. The company was founded in 1973 and is based in Valsad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

DOMS Industries Limited reported revenue of ₹23.3B in FY2026 versus ₹6.8B in FY2022, a compound +36.0%/yr. Reported net income was ₹2.3B in FY2026, compounding +100.1%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹23.3B
Latest YoY
+22.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+24.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+42.2%
Avg. growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.6%
Revenue +36.0%/yr
FY22 ₹6.8B
FY23 ₹12.1B
FY24 ₹15.3B
FY25 ₹19.0B
FY26 ₹23.3B
Net income +100.1%/yr
FY22 ₹144M
FY23 ₹958M
FY24 ₹1.5B
FY25 ₹2.0B
FY26 ₹2.3B

DOMS screens 65% overvalued. Compare with GRG Banking Equipment Co →

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Cite: Fair Value Calculator (2026). "DOMS Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/DOMS

Peer Group

Business Equipment & Supplies · 74 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 56 · Above median
Fair Value upside −65% · Bottom 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 13% · Top 25%
Revenue growth 19% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.03× · Higher than median

Valuation Multiples vs Business Equipment & Supplies median · lower = cheaper

P/E (TTM) 59.3× · Pricier than 75% of peers
P/B 11.17× · Pricier than 75% of peers
P/S (TTM) 5.86× · Pricier than 75% of peers
EV/EBITDA 33.8× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 33
FUTURE 94 · sector 19
PAST 80 · sector 21
HEALTH 98 · sector 99
DIVIDEND 3 · sector 52

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is DOMS Industries Limited (DOMS) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹782.96 versus a price of ₹2,242, about −65% (overvalued).
What is the fair value of DOMS?
Our model-based fair value for DOMS Industries Limited is ₹782.96 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹2,242.
What is the quality score of DOMS?
DOMS Industries Limited has a Quality Score of 56/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of DOMS Industries Limited (DOMS)?
DOMS Industries Limited reported trailing-twelve-month revenue of about ₹23.3B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of DOMS?
The net profit margin of DOMS Industries Limited is about 9.9%, meaning it keeps roughly 9.9% of revenue as net income. Based on the latest reported figures.
Does DOMS Industries Limited pay a dividend?
DOMS Industries Limited currently shows a dividend yield of about 0.16% relative to its recent price (as of Aug 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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