DOMS Industries MD Speech at 20th AGM Highlights Growth & Expansion

DOMS Industries Limited held its 20th Annual General Meeting on September 3, 2026. Managing Director Santosh Raveshia addressed shareholders, reflecting on the company's steady and resilient growth despite market challenges. Domestic sales contributed 87.5% of gross product sales, with exports accounting for 12.5%. The company expanded its product portfolio to nine categories, including new launches in school bags (SKIDO) and baby hygiene (Uniclan). Strategic investments were made in Uniclan (22% growth) and the school bag segment (50%+ growth). DOMS acquired a 51% stake in Super Treads for supply chain enhancement in East India and acquired the Reynolds brand. Significant capital expenditure is ongoing for a greenfield project and land acquisition to support future expansion, with the first greenfield building expected to be operational by Q2 FY27. The distribution network remains robust, reaching over 150,000 retail outlets.