DOLLARConsumer Discretionary

Dollar Industries Limited

Garments & Apparels · ISIN INE325C01035 · BSE 541403 · NSE EQ · FV ₹2
Last price
₹267
+0.07%today
What this company does

Dollar Industries Limited operates in Garments & Apparels, part of the Consumer Discretionary sector. It booked ₹405 cr of revenue in its latest quarter (Q1 FY27) and kept 6.4% of sales as profit.

WORN DAILY, BUILT FOR TOMORROW Dollar Industries Limited, founded in 1972 in a largely unorganised category, has grown over 52 years into a leading Indian hosiery and apparel company, evolving into a multi-brand business serving innerwear, outerwear, athleisure, thermals, rainwear and comfortwear for diverse segments.
In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 63–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
50

At close. Not part of the score.

Profitability & returns64

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality55

Whether reported profit actually arrives as cash

Growth & consistency79

Whether sales and profit have grown, and how steadily

Valuation10

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Profit up 22% vs last year
Promoters hold 73%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 6.4% net margin

What if I invest in DOLLAR?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹267 +0.07%
latest close · 2026-09-17
1-year return
-23.3%
52-wk low ₹24852-wk high ₹665
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.5Low
LowAverageHigh
P/B ratio1.60Moderate
Below bookModerateHigh
EV / EBITDA9.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.0%Fair
WeakFairStrong ▸15%
Return on capital16.0%Strong
WeakFairStrong
Net margin6.4%Decent
ThinDecentStrong
EBITDA margin12.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.29Comfortable
LowModerateHigh ▸1
Interest cover7.3×Strong
RiskyOkayStrong ▸5×
Current ratio2.31Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,514 cr
Book value
₹167
EPS
₹4.59
latest quarter
Net debt
₹277 cr
owes more than its cash
Enterprise value
₹1,791 cr
EBITDA
₹199 cr
annualised
EBIT
₹162 cr
annualised
Operating margin
10.0%
Return on assets
6.7%
Earnings yield
6.88%
P/S
0.94
Sales / share
₹285.5
Tax rate
24.7%
Face value
₹2
Shares
5.7 cr
Working capital
₹701 cr
Current assets
₹1,237 cr
Current liabilities
₹536 cr
Delivery %
57.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹120 vs market price ₹267 — price is 123% above it
Safety cushion-122.7%(target ≥ +20%)
Models span ₹114₹245, midpoint ₹120
Model ₹120
Price ₹267
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹405 cr
Other Income₹84.8 L
Total Income₹406 cr
Cost of Materials₹225 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-62 cr
Employee Benefit Expense₹31 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹162 cr
Total Expenses₹372 cr
Exceptional Items₹1 cr
Profit before Tax₹35 cr
Tax Expense₹9 cr
Net Profit₹26 cr
Net margin on total income6.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹163 cr40.2%
Employee benefit expense₹31 cr7.7%
Finance costs₹6 cr1.4%
Depreciation & amortisation₹9 cr2.3%
Other expenses₹162 cr39.9%
Tax expense₹9 cr2.1%
Profit for the period₹26 cr6.5%
Total income ₹406 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue388 cr622 cr405 cr
Total income389 cr623 cr406 cr
Expenses365 cr580 cr372 cr
Profit before tax25 cr43 cr35 cr
Tax7 cr10 cr9 cr
Net profit (owners' share)18 cr33 cr26 cr
Net margin (owners' share, on revenue)4.7%5.2%6.4%
EPS (₹)3.245.744.59
YoY (latest quarter): total income +1.5% · net profit +22.1%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,545 cr
Shareholder equity
₹949 cr
parent shareholders
Total debt
₹277 cr
Cash
₹12.8 L
Cash flow · H1 FY26
Operating
₹47 cr
Investing
₹-11 cr
Financing
₹-36 cr
Peer comparison
Garments & Apparels · by market value
CompanyPriceMarket capP/E
Page Industries Limited₹35,020₹39,061 cr50.6
Arvind Limited₹542₹14,198 cr66.4
Gokaldas Exports Limited₹728₹5,331 cr30.1
Pearl Global Industries Limited₹1,143₹5,279 cr13.1
Lux Industries Limited₹1,043₹3,263 cr35.4
Kewal Kiran Clothing Limited₹490₹3,036 cr20.4
S. P. Apparels Limited₹1,003₹2,522 cr25.4
Kitex Garments Limited₹121₹2,406 cr
SBC Exports Limited₹48₹2,298 cr60.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.12%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 28 Jul 2026
ActionDetailEx-date
Dividend₹3 / share28 Jul 2026
Dividend₹3 / share18 Jul 2025
Dividend₹3 / share26 Jul 2024
Dividend₹3 / share27 Jul 2023
Dividend₹3 / share20 Jul 2022
Dividend₹2.4 / share19 Jul 2021
Who owns it · 2026-06-30
No pledge
Promoter
72.6%
FII / Foreign
2.5%
DII / Domestic
0.6%
Retail / others
24.3%
Promoter stake down 0.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtV.K. Mercantile Private Limited · Promoter Group30,000 · ₹76.5 L20 Mar 26
BoughtV.K. Mercantile Private Limited · Promoter Group35,000 · ₹98.7 L2 Mar 26
BoughtV.K. Mercantile Private Limited · Promoter Group35,000 · ₹1.0 cr26 Feb 26
Bulk / block deals
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.64 L @ ₹337.9424 Apr 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.64 L @ ₹338.1624 Apr 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE4.24 L @ ₹318.5523 Apr 26
Stake changes
BoughtV.K. Mercantile Private Limited · promoter→ 14.21% · 55,00024 Jun 26
BoughtV.K. Mercantile Private Limited · promoter→ 14.11% · 30,00020 Mar 26
BoughtV.K. Mercantile Private Limited · promoter→ 14.06% · 35,0002 Mar 26
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Jul 2025
See the official result
1
Adoption of the audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended 31st March, 2025 together with the audited Balance Sheet, audited Statement of Profit and Loss and Statement of Cash Flow along with the Notes to Accounts forming part of the financial statements for the year ended on that date along with Report of Directors' and Auditors' thereon.
Backed by 100% of shareholders other than promotersneeded 50%
13.28 L votes for, 20 against · 0% of mutual funds and other big investors said no
2
Declaration of Dividend on Equity Shares for the financial year ended 31st March, 2025.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
13.31 L votes for, 20 against · 0% of mutual funds and other big investors said no
3
Appointment of Mr. Krishan Kumar Gupta (DIN: 01982914), retired by rotation and being eligible, offered himself for re-appointment.
⚑ Passed only because promoters voted yesPromoters had a personal stake in this
Backed by 23% of shareholders other than promotersneeded 50%
3.04 L votes for, 10.26 L against · 78% of mutual funds and other big investors said no
4
Appointment of Mrs. Shalini jain (DIN:10484828) as an Independent Director of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
13.31 L votes for, 20 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 44 named members
owning 72.6% between them · as of 2026-06-30
DOLLAR HOLDINGS PRIVATE LIMITED46.28%
V K MERCANTILE PRIVATE LIMITED14.21%
KRISHAN KUMAR GUPTA1.73%
NITU GUPTA1.52%
BINAY KUMAR GUPTA1.30%
ANANT GUPTA1.18%
GAURAV GUPTA1.07%
AAYUSH GUPTA0.95%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.