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
Market Cap
₹67.48 Cr
DAMODARIND · NSE
Share Price
₹29.22
+0.90% 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)
11.7x
P/B 0.5x
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. It is a listed company as per MCA records. 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 509 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 25 cases involving the company, including 20 filed by the company and 5 filed against it; 4 cases are pending. The company has 32 deals on record (32 market trades); the latest was in November 2022. Its 4 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles) are compared by revenue, 2 larger and 2 smaller; the largest is Sarla Performance Fibers Limited with revenue of ₹452.29 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

CIN L17110MH1987PLC045575
Registration Number 045575
Incorporation Date 11 December 1987
ROC Mumbai
Listing Status Listed - Listed on NSE (DAMODARIND); Listed on BSE (521220)
Company Status Active
Compliance Status Active Compliant

Name history

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

Damodar Industries Limited's registered office is in Mumbai, Maharashtra. Its website is damodargroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    19/22 & 27/30 Madhu Estate Pandurang Budhkar Marg Worli, Mumbai, Maharashtra, India – 400013
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Damodar Industries Limited, buy the company report.

Comprehensive company report
Damodar Industries Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

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

The main business activity of Damodar Industries is manufacturing. In detail, this covers manufacture of textiles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing13Manufacture of textiles

To see the full business activity and turnover split of Damodar Industries Limited, buy the company report.

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)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue16015311293.2912210385.15120
Revenue growth (YoY)+31.3%+47.9%+31.0%-22.4%+26.0%-13.4%--
Other income0.88(0.07)3.070.982.492.9813.583.07
Total expenses15114210583.5411495.8184.71111
EBITDA9.1811.266.529.758.097.540.449.67
EBITDA margin+5.7%+7.4%+5.8%+10.5%+6.6%+7.3%+0.5%+8.0%
Depreciation4.504.434.324.424.234.214.505.10
Interest4.334.083.844.784.544.644.445.18
Profit before tax1.232.681.431.531.811.675.082.46
Tax0.000.000.520.540.66(0.65)1.880.86

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue16015311293.2912210385.15120
Revenue growth (YoY)+31.3%+47.9%+31.0%-22.4%+26.0%-13.4%--
Other income0.88(0.07)3.070.982.492.9813.583.07
Total expenses15114210583.5411495.8184.71111
EBITDA9.1811.266.529.758.097.540.449.67
EBITDA margin+5.7%+7.4%+5.8%+10.5%+6.6%+7.3%+0.5%+8.0%
Depreciation4.504.434.324.424.234.214.505.10
Interest4.334.083.844.784.544.644.445.18
Profit before tax1.232.681.431.531.811.675.082.46
Tax0.000.000.520.540.66(0.65)1.880.86
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

To see the full year-wise statements and ratios of Damodar Industries Limited, buy the company report.

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 7 MonthsCurrent
Aditya A BiyaniDirector19 Nov 20241 Years 11 MonthsCurrent
Pankaj SrivastavaDirector24 Jul 20251 Years 3 MonthsCurrent
Ketan Kishore PatelDirector13 Nov 20197 Years 0 MonthsCurrent
Mamta Ashok BiyaniDirector09 Feb 20215 Years 9 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Damodar Industries Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sarla Performance Fibers Limited₹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
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
Damodar Industries Limitedthis company₹430.03 Cr (FY 2026)₹3.5 Cr0.8%2.0%509Mumbai, Maharashtra, India

To see the full peer comparison of Damodar Industries Limited, buy the company report.

Auditor

Damodar Industries Limited is audited by Devpura Navlakha & Co for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Devpura Navlakha & CoFY 2025121975W

Shareholding

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

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
DateCharge IDLenderAmountStatusModified or satisfied on
05 Mar 2026101262851Standard Chartered Bank₹25 CrOpen
11 Dec 2025101262722Hdfc Bank Limited₹24.37 LakhOpen
08 Aug 2025101169920Hdfc Bank Limited₹14.16 LakhOpen
04 Aug 2025101165444Hdfc Bank Limited₹12.5 LakhOpen
03 Apr 2021100437656Hdfc Bank Limited₹18.83 LakhOpen

To see the full charge records of Damodar Industries Limited, buy the company report.

Total charge records: 43 View all charges

Deals & funding

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.

To see the full deal history of Damodar Industries Limited, buy the company report.

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

Credit ratings & regulatory alerts

Damodar Industries Limited was last rated by Crisil on 05 Dec 2019.

Rating agencyRated onRating
Crisil05 Dec 2019

To see the full credit ratings and regulatory alerts of Damodar Industries Limited, buy the company report.

MSME payment delays

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

To see the full MSME payment records of Damodar Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Damodar Industries Limited has a workforce of 509 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
509
Active EPFO establishments
2
Employee growth
-0.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27509
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17
FY 2014-15
FY 2013-14
FY 2012-13
FY 2011-12

To see the full employee and EPFO history of Damodar Industries Limited, buy the company report.

GST

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

To see the full GST registrations and return filing status of Damodar Industries Limited, buy the company report.

Recent activity

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 in the company report.

Frequently asked questions

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 latest financial statements of Damodar Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 August 2026. Year-wise statements from 2015 are in the company report.

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 a listed company as per MCA records. Its shares are listed on both BSE (code: 521220) and NSE (symbol: DAMODARIND).

Damodar Industries has 25 court cases on record: 20 filed by the company and 5 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 Sarla Performance Fibers Limited, Kumaragiri Spinnerss Private Limited, V.P. Tex Private Limited, Shakthi Knitting Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of 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.