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DOMS Industries Limited (DOMS) Fair Value & Analysis

Industrials · IN · Market cap ₹134B

DI DOMS Industries Limited DOMS · BSE
Price₹2,210
Fair Value₹796.50
Upside-64.0%
Quality60/100
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Risks

!Trades 64% ABOVE our fair value of ₹796.50
!Expensive Growth
!Thin margins · 8.9% net margin
!Low debt · negative free cash flow
Expensive Growth
Thin margins · 8.9% net margin
Low debt · negative free cash flow
Moderate moat 61/100
Evidence: Medium Range ₹597.38 – ₹995.63 Share as image

Fair value as of: Aug 20, 2026

From 15 valuation models · updated yesterday

Share price −2.7% over the past month.

A solid business, but screening 64% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹995.63). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (3 years)

₹3,067 ₹1,249 Fair Value ₹796.50 Dec 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

32‑month range ₹1,249 – ₹3,067 · fair‑value band ₹597.38 – ₹995.63 · the ₹2,210 price screens above the ₹796.50 fair value. Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

DOMS Industries Limited (DOMS) currently trades at ₹2,210, while our model-based Fair Value estimate is ₹796.50, implying the stock looks roughly 64.0% overvalued today. The Quality Score stands at 60/100 (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 ₹24.3B at a net margin of 8.9%. Revenue grew 19.2% year over year. It earns a return on equity of 20.1%. Net debt stands at ₹361M. Fundamentals as of Aug 20, 2026

Our scenario range runs from ₹597.38 (bear case) to ₹995.63 (bull case); at ₹2,210, 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 20% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -49% fair-value upside, at -64%, 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 ₹250.78 ₹332.47 ₹1,290 76
ROIC Compounder ₹526.55 ₹821.37 ₹1,016 72
Growth-Adj P/E ₹932.40 ₹1,332 ₹1,732 68
All 15 models by family
DCF Models
Owner Earnings ₹68.39 ₹152.39 ₹328.73 31
Earnings-Based
Graham-Dodd ₹257.91 ₹1,799 ₹2,524 54
Lynch FV ₹730.92 ₹1,044 ₹1,357 50
PEG = 1.0 ₹730.92 ₹1,044 ₹1,357 46
EPV ₹392.43 ₹457.41 ₹514.26 59
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 ₹702.11 ₹935.30 ₹1,168 53
EV/EBITDA ₹599.59 ₹798.60 ₹997.62 54
EV/Revenue ₹324.54 ₹462.54 ₹600.54 43
Asset-Based
NCAV (Graham) ₹100.49 ₹134.66 ₹200.98 50
Economic Profit
Residual Income ₹250.78 ₹332.47 ₹1,290 76
ROIC Compounder ₹526.55 ₹821.37 ₹1,016 72
Growth Earnings
Growth-Adj P/E ₹932.40 ₹1,332 ₹1,732 68

Widest divergence: Growth Earnings (₹1,332) versus Asset-Based (₹134.66). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹24.3B
Revenue growth (YoY) +19.2%
Net margin 8.9%
Return on equity 20.1%
Free cash flow −₹385M FY2026
P/E ratio 61.9
More key figures
Operating margin 8.8%
EPS (TTM) ₹35.70
EPS growth (YoY) -22.5%
Net debt ₹361M FY2026

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 61 · Market factors (momentum, volatility) 47

Profitability 79
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 24
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 14
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 82
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 designs, develops, manufactures, and sells stationery products under the DOMS brand name in India and internationally.

Full company description

DOMS Industries Limited designs, develops, manufactures, and sells stationery products under the DOMS brand name in India and internationally. The company offers pencils, erasers, sharpeners, mathematical instruments, chalk and chalk holders, crayons, oil pasters, color pencils, poster colors, watercolors, sketch markers, brush pens, tempera colors, and brushes; as well as modeling clays, playing doughs, glitter glues, and liquid glue products. It also provides pens, board markers, permanent markers, correction pens, and glue sticks; note books, exercise and drawing books, sketch pads, executive diaries and conference pads; artist pencils and erasers, gouache colors, varnishes and inks, artist papers, canvases and other fine art products; and stationery kits, art material kits, painting kits, and combo packs. The company was incorporated in 2006 and is based in Valsad, India. DOMS Industries Limited operates as a subsidiary of F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.

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
+21.6%
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%
Revenue +36.0%/yr
FY22 ₹6.8B
FY23 ₹12.1B
FY24 ₹15.3B
FY25 ₹19.1B
FY26 ₹23.3B
Net income +100.1%/yr
FY22 ₹144M
FY23 ₹958M
FY24 ₹1.5B
FY25 ₹2.0B
FY26 ₹2.3B

DOMS screens 64% 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.BSE

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 60 · Above median
Fair Value upside −64% · Bottom 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 9% · Above median
Revenue growth 19% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.03× · Higher than median

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

P/E (TTM) 61.9× · Pricier than 75% of peers
P/B 10.97× · Pricier than 75% of peers
P/S (TTM) 5.49× · Pricier than 75% of peers
EV/EBITDA 34.1× · Pricier than 75% of peers

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

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Frequently asked questions

Is DOMS Industries Limited (DOMS) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of ₹796.50 versus a price of ₹2,210, about −64% (overvalued).
What is the fair value of DOMS?
Our model-based fair value for DOMS Industries Limited is ₹796.50 (as of Aug 20, 2026), built from audited fundamentals. The current price: ₹2,210.
What is the quality score of DOMS?
DOMS Industries Limited has a Quality Score of 60/100. 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 ₹24.3B (latest available figure, as of Aug 20, 2026).
What is the net profit margin of DOMS?
The net profit margin of DOMS Industries Limited is about 8.9%, meaning it keeps roughly 8.9% of revenue as net income. Based on the latest reported figures.

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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