Dollar Industries Ltd Q4 FY26 Results

We are pleased to report a resilient financial performance for the final quarter and financial year 2026, characterized by robust volume growth. Our focus yielded an annual and quarterly volume growth of 9.8% YoY and 12.0% YoY, respectively. Operating Income for the quarter stood at ₹62,155 lacs, up 13.2% YoY, translating to Operating Income of ₹1,88,096 lacs in full year, a 10.0% increase over the previous fiscal year. Quarterly Gross Profit was at ₹17,442 lacs, with a Gross Profit margin of 28.1%. On a full year basis, Gross Profit stood at ₹62,164 lacs, up 9.6% YoY with a margin of 33.0%. Operating EBITDA stood at ₹5,767 lacs for the quarter, with an Operating EBITDA margin of 9.3%. In the full year, Operating EBITDA was at ₹19,969 lacs, up 9.3% YoY with a margin of 10.6%. Profit After Tax (PAT) for Q4 stood at ₹3,258 lacs, with a PAT margin of 5.2%. For the full year, PAT increased by 18.0% YoY to ₹10,743 lacs with a PAT margin of 5.7%. Reflecting our commitment to sustainable shareholder returns, the Board has recommended a dividend of ₹3 per share, subject to shareholders’ approval, representing a dividend payout ratio of 15.8%. Additionally, due to the increase in cotton prices, which remains our key raw material, we have undertaken a calibrated price hike in the early part of Q1 FY27. This proactive measure is aimed at mitigating input cost increase while maintaining our focus on operational stability and sustainable profitability. Our premium brand, Force NXT, maintained its growth trajectory. The brand recorded a value and volume growth of 16.0% and 24.3%, respectively, in Q4 FY26, concluding FY26 with a full year value increase of 16.5% and volume growth of 26.2%, underscoring a clear consumer migration towards high-quality, specialized offerings. Dollar Protect, our rain guard segment, delivered volume growth of 49.9% in Q4 FY26 and 18.0% in FY26. Our sustained focus on quick commerce delivered strong results, with the channel growing 437.0% YoY and expanding its revenue contribution from 0.5% to 2.5%. Propelled by this breakout performance, non-traditional channels as a whole grew by 24.2% YoY in FY26. We are pleased to announce that we have commenced the pilot run of Phase 2 of Project Lakshya. Under this pilot phase, we plan to deepen our presence within stronghold states by increasing the number of active retailers, thereby strengthening our market share in these regions. In non-dominant territories, we intend to analyse local competitive dynamics and develop tailored market-entry strategies. The close of FY26 marks an important milestone for our Company. With strong volume growth, focused retail strategy under Lakshya Phase 2, and strong momentum across our digital commerce channels, we remain optimistic about our growth trajectory. As we enter the new fiscal year, we remain focused on improving operational efficiencies while expanding our presence in key markets. We are confident that this disciplined approach will continue to create long-term value for our consumers, partners, and shareholders.