Damodar Industries Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L17110MH1987PLC045575 Incorporated 11 December 1987 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: DAMODARIND · BSE: 521220 Public Limited Company manufacturing
Data last updated
Market Cap
₹62.86 Cr
DAMODARIND · NSE
Share Price
₹26.53
-1.67% today
Revenue
₹430 Cr
FY 2025-26 · +2.0% YoY
EBITDA
₹31.90 Cr
Margin 7.4%
Net Profit
₹3.50 Cr
FY 2025-26 · +139.4% YoY
P/E (TTM)
11.0x
P/B 0.4x
ROE
2.4%
ROCE 7.1%
Debt / Equity
1.22
Interest cover 121.0x

About Damodar Industries Limited

Data last updated:

Damodar Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 December 1987 and has been in existence for over 39 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17110MH1987PLC045575. Its GSTIN is 27AAACD3850G1ZV (Maharashtra). The company holds 5 GST registrations, of which 3 are active. Its shares are listed on BSE: 521220 and NSE: DAMODARIND.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.65 Cr. It was formerly known as Damodar Threads Private Limited and Damodar Threads Limited. It is led by directors including Aman Arun Biyani (Managing Director) and Arunkumar Biyani (Whole-Time Director).

Its last annual general meeting (AGM) was held on 08 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 19/22 & 27/30 Madhu Estate Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400013.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹430.03 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Cr (net margin 0.8%) and EBITDA of ₹31.9 Cr (EBITDA margin 7.4%). The net worth stands at ₹147.87 Cr (up 2.7% YoY). Total assets are valued at ₹315.42 Cr (down 5% YoY).

The company has about 1,136 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Damodar Group. As per MCA filings, the company has open charges of ₹250.18 Cr and satisfied charges of ₹395.69 Cr on record. Court records list 22 cases involving the company, including 20 filed by the company and 2 filed against it; 4 cases are pending. The company has 32 deals on record (32 market trades); the latest was in November 2022. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is L.S. Spinning Mills Private Limited with revenue of ₹456.78 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 43 overdue payments to 17 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website damodargroup.com.

Company Details of Damodar Industries Limited
CIN L17110MH1987PLC045575
Registration Number 045575
Incorporation Date 11 December 1987
ROC Mumbai
Listing Status Listed (BSE: 521220, NSE: DAMODARIND)
Company Status Active
Date of Last AGM 08 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name History of Damodar Industries Limited

Damodar Industries has undergone 2 name changes throughout its history. The company was previously known as Damodar Threads Private Limited, and Damodar Threads Limited. The current legal name is Damodar Industries Limited.

Company NameStatus
Damodar Industries LimitedCurrent
Damodar Threads Private LimitedPrevious
Damodar Threads LimitedPrevious
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    19/22 & 27/30 Madhu Estate Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400013
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Damodar Industries Limited

Damodar Industries operates one associated brand: Damodar Group. Each brand links to its own profile.

BrandDescriptionWebsite
Synthetic yarns are manufactured by Damodar Group in India.damodargroup.com

Business Activity of Damodar Industries Limited

The main business activity of Damodar Industries is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Financials of Damodar Industries Limited FY 2025-26 filings available

Damodar Industries Limited reported revenue of ₹430.03 Cr (up 2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹430 Cr
+2.0% YoY
EBITDA
₹31.90 Cr
+68.3% YoY
Profit After Tax
₹3.50 Cr
+139.4% YoY
Net Worth
₹148 Cr
+2.7% YoY
Total Assets
₹315 Cr
-5.0% YoY
Total Debt
₹168 Cr
-10.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue430421715683909568768
Revenue growth+2.0%-41.1%+4.8%-24.9%+60.1%-26.1%-
EBITDA31.9018.9532.3637.0678.9338.7342.97
EBITDA margin+7.4%+4.5%+4.5%+5.4%+8.7%+6.8%+5.6%
Profit before tax6.433.406.221.9229.23(8.66)(11.17)
Net profit3.50(8.88)3.490.3417.28(11.27)(6.96)
Net profit margin+0.8%-2.1%+0.5%+0.1%+1.9%-2.0%-0.9%
EPS (₹)2.312.322.240.347.88(2.66)0.00
Balance sheet
Total assets315332385413430428452
Net worth14814412011511596.8598.13
Total debt168188266298315331354
Cash & bank0.520.620.880.991.780.920.73
Net working capital179190197211218188186
Cash flow
Cash from operations45.6237.4070.1159.6945.8546.9525.57
Cash from investing(7.34)41.69(8.07)(16.75)0.197.04(16.66)
Cash from financing(38.38)(79.35)(62.15)(43.67)(45.15)(53.77)(10.33)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15311293.2912210385.1512096.72
Revenue growth (YoY)+47.9%+31.0%-22.4%+26.0%-13.4%---
Other income(0.07)3.070.982.492.9813.583.074.60
Total expenses14210583.5411495.8184.7111189.26
EBITDA11.266.529.758.097.540.449.677.46
EBITDA margin+7.4%+5.8%+10.5%+6.6%+7.3%+0.5%+8.0%+7.7%
Depreciation4.434.324.424.234.214.505.105.14
Interest4.083.844.784.544.644.445.185.87
Profit before tax2.681.431.531.811.675.082.461.05
Tax0.000.520.540.66(0.65)1.880.860.31

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 21 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15311293.2912210385.1512096.72
Revenue growth (YoY)+47.9%+31.0%-22.4%+26.0%-13.4%---
Other income(0.07)3.070.982.492.9813.583.074.60
Total expenses14210583.5411495.8184.7111189.26
EBITDA11.266.529.758.097.540.449.677.46
EBITDA margin+7.4%+5.8%+10.5%+6.6%+7.3%+0.5%+8.0%+7.7%
Depreciation4.434.324.424.234.214.505.105.14
Interest4.083.844.784.544.644.445.185.87
Profit before tax2.681.431.531.811.675.082.461.05
Tax0.000.520.540.66(0.65)1.880.860.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue430421715683909568768
Revenue growth+2.0%-41.1%+4.8%-24.9%+60.1%-26.1%-
Other income9.5225.2125.2013.672.767.432.70
Total expenses398402683646830529725
Employee cost21.4921.8733.9838.5738.0226.0534.17
EBITDA31.9018.9532.3637.0678.9338.7342.97
EBITDA margin+7.4%+4.5%+4.5%+5.4%+8.7%+6.8%+5.6%
Depreciation17.1819.9521.7722.9823.5824.1023.04
Interest17.8120.8129.5725.8328.8830.7233.80
Profit before tax6.433.406.221.9229.23(8.66)(11.17)
Tax1.07(2.01)1.011.1110.86(2.48)(4.22)
Net profit3.50(8.88)3.490.3417.28(11.27)(6.96)
Net profit margin+0.8%-2.1%+0.5%+0.1%+1.9%-2.0%-0.9%
EPS (₹)2.312.322.240.347.88(2.66)0.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.6511.6511.6511.6511.6511.6511.65
Reserves & surplus13613210810310485.2086.48
Shareholders' funds (net worth)14814412011511596.8598.13
Secured loans119126176242255258280
Unsecured loans48.0562.0189.6456.2059.8473.4773.84
Total debt168188266298315331354
Total liabilities315332385413430428452
Assets
Gross block258253383385378380387
Net block137144192204216237263
Capital work in progress0.000.381.012.610.000.521.52
Investments0.000.000.000.000.000.000.00
Inventories11310911811287.2878.62102
Sundry debtors37.9248.6264.3083.1810180.8798.47
Cash & bank balances0.520.620.880.991.780.920.73
Loans & advances51.4447.4939.5842.0641.7445.2532.54
Total current assets203206223239232206234
Total current liabilities23.7116.4126.2927.8214.2517.6447.57
Net working capital179190197211218188186
Total assets315332385413430428452
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.430.680.791.530.640.411.83
Net cash from operating activities45.6237.4070.1159.6945.8546.9525.57
Net cash from investing activities(7.34)41.69(8.07)(16.75)0.197.04(16.66)
Net cash from financing activities(38.38)(79.35)(62.15)(43.67)(45.15)(53.77)(10.33)
Net change in cash(0.10)(0.26)(0.11)(0.74)0.890.22(1.42)
Closing cash0.520.620.880.991.780.920.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+2.0%-41.1%+4.8%-24.9%+60.1%-26.1%-
EBITDA growth+68.3%-41.4%-12.7%-53.1%+103.8%-9.9%-
PBT growth+89.1%-45.3%+224.0%-93.4%+9998.0%+22.5%-
Net income growth+139.4%-354.4%+926.5%-98.0%+253.3%-61.9%-
Revenue CAGR (3Y)-14.3%-22.6%+8.0%-3.8%+5.6%-4.4%+2.9%
EBITDA CAGR (3Y)-4.9%-37.9%-5.8%-4.8%+29.5%+3.5%+4.6%
Profitability & leverage
Net income margin+1.3%+1.3%+0.7%+0.1%+2.0%-1.1%-0.9%
Return on capital employed+7.1%+2.9%+8.3%+6.2%+13.5%+3.8%+5.1%
Return on net worth+2.4%-6.7%+3.0%+0.3%+17.3%-11.6%-6.7%
Debt / equity1.221.722.402.663.043.553.29
Long-term debt / equity0.350.540.951.291.571.801.73
Interest cover120.99-2,081.00279.23183.4552.18209.98169.59
Efficiency & per share
Fixed asset turnover1.681.331.861.792.401.482.07
Inventory turnover3.873.706.206.8410.956.298.69
Debtors turnover9.947.469.707.409.976.338.40
EPS (₹)2.312.322.240.347.88(2.66)0.00
Dividend per share (₹)0.000.000.000.000.500.000.00
Book value per share (₹)63.4761.7951.4449.3449.5441.5742.11
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Board of Directors of Damodar Industries Limited

Damodar Industries has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aman Arun BiyaniManaging Director19 Nov 20241 Years 11 MonthsCurrent
Arunkumar BiyaniWhole-Time Director01 Apr 201016 Years 6 MonthsCurrent
Aditya A BiyaniDirector19 Nov 20241 Years 11 MonthsCurrent
Pankaj SrivastavaDirector24 Jul 20251 Years 2 MonthsCurrent
Ketan Kishore PatelDirector13 Nov 20196 Years 11 MonthsCurrent
Mamta Ashok BiyaniDirector09 Feb 20215 Years 8 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer Comparison of Damodar Industries Limited

Damodar Industries Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
L.S. Spinning Mills Private Limited₹456.78 Cr (FY 2025)••••••••19.0%••••Theni, Tamil Nadu, India
Gillanders Arbuthnot & Co Ltd Listed₹453.72 Cr (FY 2025)••••••••20.0%••••Kolkata, West Bengal, India
Sarla Performance Fibers Limited Listed₹452.29 Cr (FY 2025)••••••••12.0%••••Silvassa, Dadra and Nagar Haveli, India
Kumaragiri Spinnerss Private Limited₹450.89 Cr (FY 2025)••••••••12.0%••••Namakkal, Tamil Nadu, India
Integra Essentia Limited Listed₹448.2 Cr (FY 2025)••••••••52.0%••••Delhi, India
Ganesha Ecopet Private Limited₹441.37 Cr (FY 2025)••••••••319.0%••••Kanpur, Uttar Pradesh, India
V.P. Tex Private Limited₹439.34 Cr (FY 2025)••••••••25.0%••••Pallipalayam, Tamil Nadu, India
Shakthi Knitting Private Limited₹437.84 Cr (FY 2025)••••••••15.0%••••Chennai, Tamil Nadu, India
Cta Apparels Private Limited₹437.84 Cr (FY 2025)••••••••10.0%••••New Delhi, Delhi, India
Rama Krishna Knitters Private Limited₹436.46 Cr (FY 2015)••••••••-23.0%••••Ludhiana, Punjab, India
Damodar Industries Limited this company₹430.03 Cr (FY 2026)••••••••2.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Damodar Industries by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Damodar Industries Limited

Damodar Industries Limited is audited by Devpura Navlakha & Co for the financial year 2023.

NameStatusAppointment DateCessation Date
Devpura Navlakha & CoLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Shareholding Pattern of Damodar Industries Limited

Shareholding for the quarter ended Sep 2026: promoters hold 70.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.90%.

Promoters: 70.10%Retail & Others: 29.90%
Sep 2026
QUARTER
70.10% Promoters
29.90% Retail & Others
Promoter holding - history
Now 70.10% · Sep 2026High 70.20% · Dec 2025Low 70.10% · Sep 2026
69%69.8%70.5%71.3%72%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 70.20%Mar 2026: 70.20%Jun 2026: 70.20%Sep 2026: 70.10%70.20%70.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters70.10%70.20%70.20%70.20%
Public29.90%29.80%29.80%29.80%

Charges & Borrowings of Damodar Industries Limited

Open charges
₹250.18 Cr
Satisfied charges
₹395.69 Cr
Breakdown by lending institutions
State Bank of India₹159.12 Cr
Yes Bank Limited₹65.00 Cr
Standard Chartered Bank₹25.00 Cr
Hdfc Bank Limited₹0.70 Cr
Others₹0.36 Cr
Latest charge details
DateLenderAmountStatus
05 Mar 2026Standard Chartered Bank₹25 CrOpen
11 Dec 2025Hdfc Bank Limited₹24.37 LakhOpen
08 Aug 2025Hdfc Bank Limited₹14.16 LakhOpen
04 Aug 2025Hdfc Bank Limited₹12.5 LakhOpen
03 Apr 2021Hdfc Bank Limited₹18.83 LakhOpen

Total charge records: 43 View all charges

Deals & Funding of Damodar Industries Limited

Damodar Industries Limited has 32 deals on record (32 market trades); the latest was in November 2022.

Total deals
32
Market trades
32

Deals on record (5 of 32)

WhenDealAmountParties
Mar 2015Market trade₹46 LakhSeller: Wallfort Financial Services Limited
Feb 2015Market trade₹79.9 LakhSeller: Wallfort Financial Services Limited
Dec 2014Market trade₹1.79 CrBuyer: Wallfort Financial Services Limited
Seller: an individual
Dec 2013Market trade₹2.25 CrBuyer: Wallfort Financial Services Limited
Seller: Bajrang Marbles Pvt.Ltd.
Dec 2013Market trade₹73.9 LakhBuyer: Wallfort Financial Services Limited
Seller: Bajrang Marbles Pvt.Ltd.
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Full deal history

All 32 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Damodar Industries Limited

Damodar Industries Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 43 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 17)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Allpaak Packaging••••••••••••
Win Pack Industries••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Damodar Industries Limited

Damodar Industries Limited has a workforce of 1,136 employees as of Apr 05, 2024.

Employee count
1,136
Active EPFO establishments
2
Employee growth
-14.26%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Damodar Industries Limited

Damodar Industries Limited has 17 board changes on record since 2010: 8 appointments and 9 cessations. The latest: Subrat Shukla was appointed as Nodal Officer on 18 Apr 2026.

AGM
Damodar Industries Limited last Annual general meeting of members was held on 08 Aug 2026 as per latest MCA records.
Charges
A charge with Standard Chartered Bank of Rs. 25.00 Cr registered on 05 Mar 2026 with Charge ID 101262851 was modified on 22 Jun 2026.
Appointed
Subrat Shukla was appointed as Nodal Officer.
Filing
Damodar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Suresh Narayan Nayak was appointed as Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 25.00 Cr with Charge ID 101262851 was registered on 05 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101262722 was registered on 11 Dec 2025.
Charges
A charge with State Bank Of India of Rs. 159.12 Cr registered on 08 Jan 2007 with Charge ID 10034689 was modified on 17 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 101169920 was registered on 08 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101165444 was registered on 04 Aug 2025.
Appointed
Pankaj Srivastava was appointed as Director.
Appointed
Aditya A Biyani was appointed as Director.

94 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Damodar Industries Limited

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Subsidiaries & Group Companies of Damodar Industries Limited

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Corporate group structure

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GST Compliance of Damodar Industries Limited

Damodar Industries has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAACD3850G1ZVMaharashtraActive01 Jul 2017
27AAACD3850G2ZUMaharashtraActive21 Jul 2017
24AAACD3850G1Z1GujaratActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Damodar Industries Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Damodar Industries Limited

Damodar Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 December 1987 (39+ years old) and is registered under CIN L17110MH1987PLC045575. Listed on BSE: 521220 and NSE: DAMODARIND.

Damodar Industries reported revenue of ₹430.03 Cr for FY 2025-26 (up 2% YoY) based on standalone financials.

Damodar Industries has 8 current directors:

The GSTIN of Damodar Industries is 27AAACD3850G1ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACD3850G2ZU (Maharashtra), 24AAACD3850G1Z1 (Gujarat).

The CIN (Corporate Identification Number) of Damodar Industries is L17110MH1987PLC045575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Damodar Industries is listed on both BSE (code: 521220) and NSE (symbol: DAMODARIND).

Damodar Industries has 22 court cases on record: 20 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.

Damodar Industries was incorporated on 11 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.

Damodar Industries has 32 deals on record (32 market trades); the latest was in November 2022.

The peers of Damodar Industries by revenue are L.S. Spinning Mills Private Limited, Gillanders Arbuthnot & Co Ltd, Sarla Performance Fibers Limited, Kumaragiri Spinnerss Private Limited, Integra Essentia Limited and 5 more, all in the Manufacturing industry (Textiles).

Subrat Shukla was appointed as Nodal Officer on 18 Apr 2026. Suresh Narayan Nayak was appointed as Director on 17 Mar 2026. Pankaj Srivastava was appointed as Director on 24 Jul 2025. Damodar Industries has 17 board changes on record in total.

Damodar Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 43 overdue payments to 17 micro and small suppliers. The latest return was filed on 28 May 2019.

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