Donear Industries Ltd. was incorporated in January 1987. The company is a reputed and rapidly growing fashion fabric brand, creating a wide variety of suitings, trouser, and shirting fabrics. Donear Industries Limited primarily engages in the manufacturing of fabrics under the Donear brand name and trading of garments under the Dcot brand name, both in India and internationally. It operates through two main segments: Textiles and Rentals.
The company is deeply involved in the manufacturing and marketing of fabrics, producing suitings, trouses, and shirting fabrics for domestic and international markets. Donear Industries has established itself as a composite textile unit with comprehensive capabilities, spanning from yarn dyeing to weaving and processing. Founded by Vishwanath Laxminarayan Agarwal in 1987, the company is headquartered in Mumbai, India.
Donear Industries Ltd. (DIL) manufactures and markets synthetic, cotton, and blended fabrics, primarily for suiting, shirting, and trousers. It owns the flagship brand name 'Donear' and also trades in garments under the 'Dcot' brand. The company operates three manufacturing facilities: one in Surat and two in Silvassa, equipped with a total of 600 looms.
The company's manufacturing journey is marked by strategic expansion. In December 2007, DIL commissioned its Phase I Yarn Dyeing, Weaving, and Processing plant in Surat. This facility includes Yarn Dyeing with a capacity of 2,000,000 Kgs and Fabric Processing with a capacity of 9,000,000 Meters. During the 2008-09 fiscal year, the company enhanced its Fabric Processing capacity from 9,000,000 Meters to 24,000,000 Meters. The Surat facility is recognized as one of the world-class plants in the textile industry.
Donear Industries offers a diverse range of fabrics, including:
- Polyester Viscose blended fabrics
- Polyester Cotton blended fabrics
- Polyester fabrics
- Cotton high-value plain and yarn-dyed shirting fabrics
- Cotton plain and yarn-dyed bottomwear fabrics
- Polyester wool, wool-rich, and all-wool fabrics.
These fabrics are utilized in the manufacture of suits, trousers, shirts, jacketing, skirts, workwear, corporate wear, uniforms, and ladies' tops. The company also provides fabrics with advanced finishes such as wrinkle resistance, moisture absorbency, odor resistance, and 4-way stretch. Beyond fabrics, they offer ready-to-wear products like suits, shirts, trousers, denims, t-shirts, and workwear, and also manufacture and sell dyed polyester and cotton yarn.
The company's prominent brands include:
- Donear Suitings & Shirtings
- Donear Royal Classico
- Donear QSF
- Donear Gifts 4U
- Donear Soft & Smooth
- Donear International
- Linen Fiesta
- Donear International with Fit
In 2017, the company expanded its offerings by introducing apparels under the brand 'D'Cot by Donear'.
The company has strategically pursued acquisitions to bolster its market presence and capabilities. Notable acquisitions include GBTL (formerly Grasim Bhiwani Textiles Limited) from the Aditya Birla Group and OCM from WL Ross LLP. These acquisitions have significantly enhanced Donear's manufacturing capacity and market reach across various textile segments.
As of March 28, 2025, Donear Industries Ltd. holds a market capitalization of ₹547 Crore. The company has demonstrated consistent financial resilience and growth. Donear Industries Ltd. has provided a return of 22.66% over the last 3 years.
Recent quarterly performance highlights positive momentum:
- Q4 FY2024-25 (Quarter ended Dec 2024): Net profit increased by 52.59% to ₹10.91 crore, up from ₹7.15 crore in the previous year's quarter. Sales grew by 19.78% to ₹247.17 crore, compared to ₹206.36 crore in the same period last year.
- Q3 FY2024-25 (Quarter ended Sep 2024): Net profit rose by 115.27% to ₹10.57 crore from ₹4.91 crore year-on-year. Sales increased by 23.47% to ₹209.87 crore, up from ₹169.97 crore.
- Q2 FY2024-25 (Quarter ended Jun 2024): Net profit saw a 30.22% increase to ₹8.79 crore from ₹6.75 crore in the prior year. Sales grew by 10.42% to ₹199.00 crore, from ₹180.22 crore.
- TTM Profit After Tax: ₹46 Crore
- FY 2024 Total Revenue: Approximately ₹799.14 Crore
- PE Ratio (as of Apr 21, 2025): 13.33
- PB Ratio (as of Apr 21, 2025): 0.33
- 52-Week High: ₹184.99
- 52-Week Low: ₹96.00
Donear Industries Ltd. distributes dividends annually. The last dividend per share was ₹0.20, resulting in a Dividend Yield (TTM)% of 0.19%. The Board of Directors, in a meeting dated May 27, 2025, approved the final dividend for the Financial Year ended March 31, 2025, subject to shareholder approval.
Promoter holding in Donear Industries Ltd. has remained stable at 74.56% as of March 2025, consistent with June 2024. This stable promoter stake reflects strong management confidence in the company's future trajectory.
The company effectively distributes its products through multiple channels, including wholesale, retail, and franchisee networks. Finished fabrics are packaged and sold over-the-counter (OTC) through retail outlets spanning all 29 States and seven Union Territories of India. This extensive distribution network ensures a strong market presence across diverse geographical regions.
Donear Industries Ltd. continues to emphasize innovation in fabric technology, sustainable manufacturing practices, and robust brand building to maintain its competitive advantage in the Indian textile industry. The company's integrated manufacturing model, strong brand portfolio, and widespread distribution network position it favorably for sustained growth in the evolving textile market.
