
DOLLAR - Dollar Industries Limited Share Price
Textiles & Apparels
Valuation | |
|---|---|
| Market Cap | 2.01 kCr |
| Price/Earnings (Trailing) | 20.68 |
| Price/Sales (Trailing) | 1.13 |
| EV/EBITDA | 10.18 |
| Price/Free Cashflow | 116.24 |
| MarketCap/EBT | 15.36 |
| Enterprise Value | 2.01 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 1.78 kCr |
| Rev. Growth (Yr) | 19.5% |
| Earnings (TTM) | 98.03 Cr |
| Earnings Growth (Yr) | 36.2% |
Profitability | |
|---|---|
| Operating Margin | 7% |
| EBT Margin | 7% |
| Return on Equity | 11.4% |
| Return on Assets | 6.64% |
| Free Cashflow Yield | 0.86% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
|---|---|
| Price Change 1W | -1.5% |
| Price Change 1M | -1.4% |
| Price Change 6M | -10.4% |
| Price Change 1Y | -31.2% |
| 3Y Cumulative Return | -6.4% |
| 5Y Cumulative Return | 12.8% |
| 7Y Cumulative Return | 2% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -53.52 Cr |
| Cash Flow from Operations (TTM) | 73.78 Cr |
| Cash Flow from Financing (TTM) | -22.05 Cr |
| Cash & Equivalents | 33.8 L |
| Free Cash Flow (TTM) | 17.52 Cr |
| Free Cash Flow/Share (TTM) | 3.09 |
Balance Sheet | |
|---|---|
| Total Assets | 1.48 kCr |
| Total Liabilities | 616.24 Cr |
| Shareholder Equity | 859.85 Cr |
| Current Assets | 1.18 kCr |
| Current Liabilities | 564.69 Cr |
| Net PPE | 258.35 Cr |
| Inventory | 544.32 Cr |
| Goodwill | 4.33 L |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.22 |
| Debt/Equity | 0.38 |
| Interest Coverage | 3.68 |
| Interest/Cashflow Ops | 3.64 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 3 |
| Dividend Yield | 0.85% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Summary of Latest Earnings Report from Dollar Industries
Summary of Dollar Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
Management provided a confident outlook regarding the transformational merger of Dollar Industries Limited (DIL) with promoter group companies. Mr. Ankit Gupta, President Marketing, highlighted few major points:
Brand Consolidation: The merger aims to fully consolidate the Dollar brand into DIL, which is expected to enhance shareholder wealth and intrinsic value due to a clearer representation of brand value in financials.
Compliance Reduction: The merger will simplify the corporate structure, reducing compliance burdens significantly. This is poised to save costs and improve operational efficiency.
Decrease in Related Party Transactions: Fewer intercompany dealings post-merger will reinforce governance and transparency, enhancing stakeholder confidence.
Asset Ownership: Business properties utilized by DIL will directly come under its ownership, strengthening the balance sheet.
Minimal Increase in Promoter Holding: The promoter holding will rise from 72.21% to 73.60%, a modest increase of 1.39%, ensuring fair shareholding structuring.
Formation of a Promoter Trust: A newly envisaged promoter trust will hold 51% of the promoter stake, ensuring long-term stability and governance alignment with company growth.
Financial Outlook: Management aims for an EBITDA margin of 12-13% for FY '26, with current margins at 11%. Targeted savings post-merger include INR 4.5-5 crores and a reduction in compliance costs.
Physical Assets Value: Approximate market value of the assets obtained in the merger is over INR 100 crores.
Management emphasized their commitment to transparency, trust, and excellence through this merger, anticipating sustainable value creation for all stakeholders amidst a changing market environment.
Last updated:
Earnings Call Q&A Summary
1. Question from Yashovardhan Banka:
Can you speak a bit more on the industry and how is the demand currently?
Answer: Demand is okay overall, but it's cyclical and affected by the extended monsoon, traditionally impacting innerwear sales in Q2.
2. Question from Madhur Rathi:
Sir, regarding our ad spends, what are the challenges and outlook?
Answer: We've shifted our ad spend focus to cover fixed amounts between INR 85 to 100 crores annually. This year we'll spend around INR 85 to 90 crores, adapting to digital marketing for better ROI.
3. Question from Madhur Rathi:
What is the average selling price for thermal products and their revenue share projection?
Answer: The ASP for thermal products is around INR 250. Currently, they contribute about 6% to total sales, but it's challenging to project future contributions due to seasonality.
4. Question from Madhur Rathi:
Are we still aiming for a 12%-13% EBITDA margin for FY '26?
Answer: Yes, we aim for a 12%-13% EBITDA margin. Currently, we are at 11%, and we expect to reach around 12% by FY year-end.
5. Question from Yashovardhan Banka:
Will the merger lead to any operational synergies or improvements in working capital?
Answer: The merger design primarily integrates real estate and brand assets, improving efficiency rather than altering working capital significantly.
6. Question from Garvita Jain:
What is the expected positive impact on margins due to the merger?
Answer: The merger will save around INR 4.5-5 crores annually. While direct PAT impact is minimal, long-term compliance and operational efficiencies will benefit us.
7. Question from Garvita Jain:
Will there be any price pressure in the upcoming quarter?
Answer: We don't anticipate pricing changes; both domestic demand and raw material prices appear stable.
8. Question from Keshav Garg:
Can we expect a reduction in related party transactions post-merger?
Answer: Yes, 90% of related party transactions will be eliminated, maintaining only what is necessary for a few entities under specific agreements.
9. Question from Prashant:
Are there any tax benefits anticipated from the merger?
Answer: There's no significant tax impact; GST savings will be negligible, mainly related to rent payments.
10. Question from Shubhankar Gupta:
What triggered the merger now?
Answer: The merger has been on our agenda for 2-3 years; we advanced it recently due to market conditions and a need for a succession plan and stability in leadership.
These questions and answers provide insight into Dollar Industries' operational outlook, merger implications, and strategic positioning within the market.
Share Holdings
Understand Dollar Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
| Shareholder Name | Holding % |
|---|---|
| DOLLAR HOLDINGS PRIVATE LIMITED | 46.28% |
| V K MERCANTILE PRIVATE LIMITED | 13.85% |
| FIDELITY FUNDS-ASIAN SMALLER COMPANIES | 2.35% |
| KRISHAN KUMAR GUPTA | 1.73% |
| NITU GUPTA | 1.52% |
| BINAY KUMAR GUPTA | 1.3% |
| SALASARJI MERCANTILE LLP | 1.24% |
| FIDELITY ASIAN VALUES PLC | 1.2% |
| ANANT GUPTA | 1.18% |
| GAURAV GUPTA | 1.07% |
| DYNAVISION VENTURES LLP | 1.03% |
| ANKIT GUPTA | 0.95% |
| AAYUSH GUPTA | 0.95% |
| RUCHI GUPTA | 0.93% |
| SEEMA GUPTA | 0.88% |
| VINOD KUMAR GUPTA | 0.73% |
| BAJRANG KUMAR GUPTA | 0.25% |
| Pramod Kumar Gupta | 0% |
| Vedant Gupta | 0% |
| Vedika Gupta | 0% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is Dollar Industries Better than it's peers?
Detailed comparison of Dollar Industries against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| PAGEIND | Page Industries | 43.5 kCr | 5.04 kCr | -4.80% | -14.30% | 56.88 | 8.64 | - | - |
| KITEX | Kitex Garmenets | 4.23 kCr | 921.12 Cr | +1.60% | -9.50% | 45.31 | 4.59 | - | - |
| LUXIND | LUX Industries | 3.5 kCr | 2.77 kCr | -9.50% | -36.80% | 27.53 | 1.26 | - | - |
| MONTECARLO | Monte Carlo Fashions | 1.65 kCr | 1.18 kCr | +14.20% | -3.80% | 19.35 | 1.4 | - | - |
| RUPA | RUPA & Co. | 1.39 kCr | 1.23 kCr | -11.20% | -31.80% | 17.69 | 1.13 | - | - |
Sector Comparison: DOLLAR vs Textiles & Apparels
Comprehensive comparison against sector averages
Comparative Metrics
DOLLAR metrics compared to Textiles
| Category | DOLLAR | Textiles |
|---|---|---|
| PE | 20.68 | 39.79 |
| PS | 1.13 | 2.20 |
| Growth | 12.6 % | 14 % |
Performance Comparison
DOLLAR vs Textiles (2021 - 2025)
- 1. DOLLAR is among the Top 10 Garments & Apparels companies but not in Top 5.
- 2. The company holds a market share of 3.9% in Garments & Apparels.
- 3. The company is growing at an average growth rate of other Garments & Apparels companies.
Income Statement for Dollar Industries
Balance Sheet for Dollar Industries
Cash Flow for Dollar Industries
What does Dollar Industries Limited do?
Dollar Industries Limited manufactures and sells hosiery products in knitted inner wears, casual wears, and thermal wears in India and internationally. The company offers vests, briefs, trunks, gym vests, socks, tank tops, crew necks, polos, henley, bermudas, capri, track pants, and joggers for men; camisoles, panties, leggings, socks, and casual wears for women; and T-shirts, socks, and trousers for children, as well as safety mask and PPE suits. It also operates power generation unit sourced from windmill and solar energies. The company offers its products under the BigBoss, J-Class, Athleisure, Missy, Champion, Force NXT, Force Gowear, Pepe jeans, Lehar, Ultra, Wintercare, and Doller Protect brands. It exports its products in the United Arab Emirates, Oman, Qatar, Kuwait, Bahrain, Yemen, Iraq, Nepal, Myanmar, Nigeria, Jordan, Georgia, Sri Lanka, Somalia, Tanzania, Sudan, Afghanistan, Mozambique, Saudi Arabia, and Kenya. Dollar Industries Limited was founded in 1972 and is headquartered in Kolkata, India.