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Swing Capital

Damodar Industries Ltd

NSE: DAMODARIND BSE: 521220Textile

Incorporated in 1987, Damodar Industries Ltd is engaged in the manufacturing of and processing of Cotton & Fancy Yarn [1]

₹29.2
52W: ₹20 — ₹41.5
PE 12.7 · Book ₹63.5 · -54% vs book
Market Cap₹68 Cr
Stock P/E12.7Price to Earnings
ROCE7.49%Return on Capital
ROE3.68%Return on Equity
Div. Yield0%Face Value ₹5

Strengths

  • +Stock is trading at 0.43 times its book value
  • +Company has delivered good profit growth of 19.9% CAGR over last 5 years

Weaknesses

  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Company has low interest coverage ratio.
  • −The company has delivered a poor sales growth of -5.40% over past five years.
  • −Company has a low return on equity of 0.29% over last 3 years.
  • −Promoters have pledged 31.9% of their holding.

Shareholding Pattern

Promoters70.17%
FIIs0%
DIIs0.01%
Public29.82%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters70.38%70.33%▼0.070.33%70.33%70.27%▼0.170.21%▼0.170.22%▲0.070.17%▼0.0
FIIs0%0%0%0%0%0%0%0%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public29.62%29.67%▲0.129.66%▼0.029.65%▼0.029.75%▲0.129.78%▲0.029.79%▲0.029.82%▲0.0

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales143.08179.13119.3196.72120.2785.15103.35121.8993.29111.5
Expenses138.88167.33117.9289.26110.5984.7195.81113.883.55104.98
Operating Profit4.211.81.397.469.680.447.548.099.746.52
OPM %2.94%6.59%1.17%7.71%8.05%0.52%7.3%6.64%10.44%5.85%
Net Profit0.023.05-1.510.741.613.212.321.150.990.92
EPS ₹0.011.31-0.650.320.691.3810.490.420.39

AI Insights

Revenue Trend

Mar 2026 revenue at ₹430Cr, up 2.1% YoY. OPM at 7%.

Debt Position

Borrowings at ₹168Cr. Debt-to-equity ratio: 1.24x. High leverage — monitor closely.

Institutional Flow

DIIs: 0.01% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 70.17%.

Margin & Efficiency

ROCE declining from 18% (Mar 2015) to 7% (Mar 2026). Working capital days: 49.

Valuation

PE 12.7x with 7.49% ROCE. Price is -54% above book value of ₹63.5. Dividend yield: 0%.

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