Stock Report

Dollar Industries Posts Q1 FY27 PAT Growth of 22.1% YoY to ₹26.02 Crore; EBITDA Margins Expand 106 bps

Posted On : 2026-08-10 22:31:30( TIMEZONE : IST )

Garment and hosiery major Dollar Industries Limited (NSE: DOLLAR | BSE: 541401) today announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27), recording double-digit profit expansion driven by margin improvement.

Key Financial Highlights

Profit After Tax (PAT): Stood at ₹2,602 lakh (₹26.02 crore) for Q1 FY27, reflecting a robust year-on-year (YoY) growth of 22.1% compared to ₹2,132 lakh in Q1 FY26. Sequentially, PAT declined 20.1% over ₹3,258 lakh in Q4 FY26.

PAT Margin: Reached 6.4% in Q1 FY27, expanding 108 basis points YoY from 5.3% in Q1 FY26 and 118 basis points sequentially from 5.2% in Q4 FY26.

Total Income: Came in at ₹40,566 lakh (₹405.66 crore), up 1.5% YoY compared to ₹39,979 lakh in Q1 FY26, while registering a seasonal drop of 34.9% sequentially against ₹62,276 lakh in Q4 FY26. Full-year FY26 total income stood at ₹1,88,517 lakh.

Operating EBITDA: Rose 11.4% YoY to ₹4,777 lakh in Q1 FY27 against ₹4,288 lakh in Q1 FY26. On a sequential basis, EBITDA was down 17.2% from ₹5,767 lakh in Q4 FY26.

EBITDA Margin: Improved to 11.8% in Q1 FY27, expanding 106 basis points YoY from 10.7% in Q1 FY26 and 252 basis points QoQ from 9.3% in Q4 FY26.

Gross Profit & Margin: Gross profit for the quarter rose 6.9% YoY to ₹15,124 lakh, with gross margins expanding 192 basis points YoY to 37.4% from 35.4% in Q1 FY26.

Diluted Earnings Per Share (EPS): Stood at ₹4.59 for Q1 FY27, up 22.1% YoY compared to ₹3.76 in Q1 FY26.

Commenting on the results, Mr. Vinod Kumar Gupta and Mr. Binay Kumar Gupta, Managing Directors, Dollar Industries Limited said: "We are pleased to report the results for the first quarter of financial year 2027, with healthy growth in profitability and continued progress across our key business initiatives. Our Operating Income for the quarter stood at ₹40,481 lacs.

Gross Profit for the quarter stood at ₹15,124 lacs, with the Gross Profit margin improving to 37.4%, an expansion of 192 bps YoY. This improvement was supported by the calibrated price increase implemented during the quarter.

During the quarter, Operating EBITDA stood at ₹4,777 lacs, registering a growth of 11.4% YoY. Operating EBITDA margin improved to 11.8%, reflecting the benefits of better gross margins and continued focus on operational efficiency. Profit After Tax stood at ₹2,602 lacs, growing 22.1% YoY, with PAT margin improving to 6.4%, an expansion of 108 bps YoY.

Dollar Protect, our rain guard segment, continued to perform well during the quarter. The segment recorded value growth of 49.0% and volume growth of 68.0% in Q1 FY27, contributing 5.6% to our overall revenue.

Our regional performance also remained encouraging. The Southern region delivered strong growth of 22.9% in value and 7.3% in volume on a YoY basis. As a result, its contribution to our overall business increased to 8.9% in Q1 FY27 from 7.2% in Q1 FY26. We remain focused on strengthening our presence in this region and capturing the opportunities available in these markets.

Our continued investments in newer channels are also yielding encouraging results. Quick commerce channel continued its strong growth trajectory, showcasing a YoY increase of 59.4% in value and 15.1% in volume terms and its contribution to revenue increasing to 5.0% in Q1 FY27 from 3.1% in Q1 FY26. This performance highlights the growing relevance of these channels and the changing buying behaviour of consumers.

Our export business also continued to perform well. Exports recorded value growth of 16.2% and volume growth of 15.5% YoY during the quarter, with its contribution increasing to 4.9% in Q1 FY27 from 4.2% in Q1 FY26. We will continue to focus on expanding our international presence and leveraging the opportunities available across our export markets.

As we had indicated previously, we have now commenced Phase 2 of Project Lakshya. We have started building the team for this phase and have begun mapping the retailers that we aim to activate across our target markets. The initial focus is on strengthening our presence in our stronghold states by increasing the number of active retailers. At the same time, we are evaluating opportunities in markets where our presence is currently limited, with a clear understanding of local market dynamics and retailer potential.

We have also made meaningful progress on the proposed Scheme of Arrangement. The Scheme has received approval from both BSE and NSE and has also been approved by the shareholders at the court-convened meeting held pursuant to the directions of the Hon'ble NCLT, Kolkata.

We remain confident that the initiatives undertaken across our core markets, newer channels, exports and Project Lakshya will support our growth journey in the coming quarters. With our strong brand portfolio, established distribution network and continued focus on execution, we are well placed to capture the opportunities ahead."

Shares of Dollar Industries Limited was last trading in BSE at Rs. 278.95 as compared to the previous close of Rs. 280.10. The total number of shares traded during the day was 12723 in over 284 trades.

The stock hit an intraday high of Rs. 285.60 and intraday low of 273.30. The net turnover during the day was Rs. 3541839.00.