Company Overview

Damodar Industries Limited, originally incorporated as 'Damodar Threads Limited' on December 11, 1987, is a prominent India-based company engaged in the manufacturing, processing, and merchant trading of cotton yarn and fancy yarn. The company converted to a Public Limited Company on March 20, 1992, and was officially renamed Damodar Industries Limited on January 22, 2023. Operating within the textile business, DIL has established itself as a significant player through diversified product offerings and strategic manufacturing capabilities. The company specializes in manufacturing Cotton and Blended Fancy yarns.

Business Operations and Manufacturing Capabilities

Damodar Industries boasts comprehensive production facilities for Cotton Spinning, Synthetic Spinning, Air Texturizing, Yarn Dyeing, Multi Print Space Dyeing of Mono Filament Polyester Yarns, and Textured Twisted Yarns. The company is also actively involved in the trading of yarn. Its operational strength lies in its strategically located manufacturing facilities across India, including units at Dadra, Daman, and Amravati. Since 1992, the company has systematically expanded its production capacity, becoming one of India's largest producers of value-added yarns with a group turnover of approximately $100 Million from its manufacturing facilities.

Key expansion milestones include:

- November 2004: Operationalization of a Weaving Plant with 32 Picanol looms and preparatory machines at the Daman Factory.

- May 2005: Establishment of a doubling plant for fancy yarn at Silvassa.

- 2006-07: Installation of an additional 14,400 spindles.

- 2008: Full commissioning of a plant with 32,908 spindles, capable of producing 15,000 Kgs per day of fine quality cotton yarn.

Product Portfolio

The company offers a diverse range of products catering to various textile applications:

- Air Texturizing

- Cotton Yarns: Including compact yarn (30s-60s), combed yarn (10-60), carded yarn (10-40), slub yarn (7-40), multy count multy twist (7-40), and single/double/multyfold.

- Linen Blends: Featuring polyester/linen, polyester/viscose/linen, polyester/cotton/linen, viscose/linen, and single/double/multyfold variations.

- Specialty Yarns: Including poly viscose, cotton, wool, linen, bamboo, and stretch yarns.

- Synthetic Yarns

- Yarn Dyeing

Financial Performance and Market Position

As of July 31, 2025, Damodar Industries Ltd (DAMODARIND) traded on the NSE with a share price of ₹36.31. The company's current market capitalization stands at ₹86.98 Crore. Its shares are listed on both major Indian exchanges, identified by the NSE symbol DAMODARIND and BSE code 521220.

Full Year Performance (FY ended March 2025):

- Net Profit: Increased by 3.45% to ₹5.40 Crore compared to ₹5.22 Crore in FY 2024.

- Sales: Declined by 41.09% to ₹421.44 Crore from ₹715.38 Crore in FY 2024.

Quarterly Performance (Quarter ended December 2024):

- Net Profit: Saw a significant rise of 7950.00% to ₹1.61 Crore, up from ₹0.02 Crore in the corresponding quarter of the previous year (December 2023).

- Sales: Decreased by 15.94% to ₹120.27 Crore from ₹143.08 Crore in December 2023.

Key Financial Metrics and Ratios

- Current Share Price (NSE): ₹36.31 (as of July 31, 2025)

- Market Capitalization: ₹86.98 Crore (as of July 31, 2025)

- NSE Symbol: DAMODARIND

- BSE Code: 521220

- PE Ratio: 1.07

- PB Ratio: 0.61

- Stock P/E: 16.3

- Book Value: ₹61.8

- Dividend Yield: 0.00%

- ROCE: 6.75%

- ROE: 4.09%

- Face Value: ₹5.00

- Promoter Holding: 70.3%

- Promoter Equity Pledged: 21.2% (as of Mar-25)

Global Market Presence

Damodar Industries has cultivated a robust international presence through its extensive export operations. The company distributes its products to numerous countries across Europe, South Africa, South America, Australia, Korea, Belgium, Singapore, Italy, Egypt, and the Gulf region. This widespread global reach underscores the company's capacity to adhere to international quality standards and maintain a competitive edge in diverse global markets.

Corporate Information

- Authorized Share Capital: ₹150,000,000

- Paid-up Capital: ₹116,500,000

- Registered Office: 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra, India - 400013.

- CIN: L17110MH1987PLC045575

- NIC Code: 171 (Spinning, weaving, and finishing of textiles)

- Chairman: Arun Kumar Biyani

- Company Secretary: Indrajit Kanase

The textile industry's outlook and Damodar Industries' strategic positioning within this dynamic sector continue to evolve, influenced by market shifts, technological advancements, and global trade dynamics. The company's established manufacturing base, diverse product offerings, and established international market footprint equip it to navigate industry challenges and capitalize on growth opportunities in the value-added yarn segment.