As of 6 Nov 2026, Damodar Industries trades at 10.4× trailing earnings, below the industry P/E of 17.0×, and the shares are 27% below their 52-week high. Sales fell 14% a year over 3 years while net profit grew 89%, with ROCE of 12% and ROE of 3.9%. Debt is 1.11× equity. It is a small-cap company with a market cap of ₹61 Cr, ranked 147th of 246 Textile Manufacturing companies by market cap; the shares fell 24% over the past year.
- ₹25.50
- ₹26.30
- ₹25.01
- ₹25.87
- 5.4K
Health check
- ReturnsBehind
−24.4% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 10.4 vs industry 17.0.
- GrowthSteady
Sales −14.3%, profit +88.9% a year over 3 years.
- ProfitabilityAverage
ROCE 11.6% vs peer median 10.7%.
- Balance sheetStretched
Debt 1.11× equity, interest covered 1.4×, Piotroski 9 of 9.
- Red flags2 to check
Return on equity is low at 3.9%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹61 Cr
- Small cap
- P/E
- 10.4
- Industry 17.0
- Price to book
- 0.40
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 3.9%
- Peers 10.1%
- ROCE
- 11.6%
- Peers 10.7%
- Debt to equity
- 1.11
- Debt ₹168 Cr
- EPS (TTM)
- ₹2.49
- Face value ₹5
- OPM (TTM)
- 7.1%
- Net margin 1.1%
- Sales growth
- +31.3%
- Latest quarter vs a year ago
- Profit growth
- +8.2%
- Latest quarter vs a year ago
- Price to sales
- 0.12
- EV/EBITDA 5.5
Strengths and risks
Strengths
- Quarterly sales up 31.3% on a year ago.
- P/E of 10.4 against an industry P/E of 17.0.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 3.9%.
- Interest coverage of only 2.5×.
About Damodar Industries
Damodar Industries Limited manufactures and sells synthetic blended yarns in India. It exports its products to various countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, Italy, Egypt, and the Gulf countries. It offers cotton, melange, specialty, slub, multi blend, and value-added yarns. The company was formerly known as Damodar Threads Limited and changed its name to Damodar Industries Limited in January 2013.…
- Headquarters
- Mumbai
- Employees
- 507
- Sector
- Consumer Cyclical
- ISIN
- INE497D01022
- Website
- damodargroup.com
Price range
- Avg volume (3M)
- 3.6K
- 1-year return
- minus 24.4%
- From 52-week high
- minus 27.2%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| DAMODARINDDamodar Industries | 25.99 | plus 0.46% | 61 | 10.4 | 0.40 | 11.6% | 3.9% | 7.1% | −14.3% | 88.9% | 0.00% | minus 24.4% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 103 | 93.3 | 112 | 153 | 160 | |
| 95.8 | 83.5 | 105 | 142 | 151 | |
| 7.5 | 9.7 | 6.5 | 11.3 | 9.2 | |
| 7.3% | 10.5% | 5.9% | 7.4% | 5.7% | |
| 3 | 1 | 3.1 | −0.1 | 0.9 | |
| 4.6 | 4.8 | 3.8 | 4.1 | 4.3 | |
| 4.2 | 4.4 | 4.3 | 4.4 | 4.5 | |
| 1.7 | 1.5 | 1.4 | 2.7 | 1.2 | |
| −38.7% | 35.2% | 36.1% | – | – | |
| 2.3 | 1 | 0.9 | 2.7 | 1.2 | |
| 1.00 | 0.42 | 0.39 | 1.15 | 0.53 |
Profit & loss
- Sales CAGR 3Y
- −14.3%
- Profit CAGR 3Y
- +88.9%
- EPS CAGR 3Y
- +89.4%
- ROE
- 3.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 683 | 715 | 421 | 430 | |
| – | +4.8% | minus 41.1% | +2.0% | |
| 638 | 667 | 395 | 389 | |
| 44.5 | 48.6 | 26.2 | 41.2 | |
| 6.5% | 6.8% | 6.2% | 9.6% | |
| 3.5 | 4.5 | 3.9 | −2.4 | |
| 24.8 | 27.7 | 19.3 | 16.5 | |
| 23 | 21.8 | 20 | 17.2 | |
| 1.8 | 2.6 | 12.5 | 1.4 | |
| 1.9 | 6.2 | 3.4 | 6.4 | |
| 58.3% | 16.3% | −59.1% | 16.6% | |
| 0.8 | 5.2 | 5.4 | 5.4 | |
| – | +555.2% | +3.5% | minus 0.5% | |
| 0.34 | 2.24 | 2.32 | 2.31 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.7 | 11.7 | 11.7 | 11.7 | |
| 103 | 108 | 132 | 136 | |
| 298 | 266 | 188 | 168 | |
| 34.7 | 32.9 | 20.3 | 26.8 | |
| 448 | 418 | 352 | 342 | |
| 207 | 193 | 144 | 136 | |
| 2.6 | 1 | 0.4 | – | |
| 2.3 | 1.7 | 2.1 | 2.2 | |
| 0.4 | 0.3 | 0.3 | 0.3 | |
| 236 | 222 | 206 | 204 | |
| 448 | 418 | 352 | 342 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 59.7 | 70.1 | 37.4 | 45.6 | |
| −13.1 | −4.1 | 42.8 | −8.5 | |
| −43.7 | −62.2 | −79.3 | −38.4 | |
| 2.9 | 3.9 | 0.9 | −1.3 | |
| −16.7 | −11.5 | −2.1 | −12.6 | |
| 43 | 58.7 | 35.3 | 33 | |
| −1.2 | – | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.