DOMS Industries share price target: 2024, 2025, 2026, 2027, 2028, 2029, and 2030

In this article, we will try to analyze the share price target of Doms Industries for 2024, 2025, 2026, 2027, 2028, 2029, and 2030 based on the company’s financials and various reports from research and brokerage firms.

Introduction-

The IPO of which company has come, products of that company either you have used or your children are using. This company is DOMS Industries, which has dominated the stationery market with its innovative and unique product range.

The company is growing at a compounded rate of 20%, while this industry is not growing at this rate because of its unique product range. The DOMS industry is the second-largest in the stationery sector.

Recent News-

Doms Industries listed on stock market on December 20, 2023 at the price of 1400 with almost 76% growth on the issue price.

Listing price – 1400 INR

Growth – 76 % on the issue price

IPO Details-

DOMS Industries Limited has come with its IPO worth Rs. 1,200 crore. IPO-related details are given below:

Bidding Dates	13 Dec 2023 – 15 Dec 2023
Price band	750-790 INR
Issue Size	1,200 Cr
Fresh Issue	350 Cr
Offer for Sale	850 Cr

Company overview-

Shri Rasikbhai Raveshia and Shri Mansukhlal Rajani started a company with the name of RR Industries. They started the pencil manufacturing unit in Umbergaon, Gujarat. Doms Industry is engaged in the design, development, manufacturing, and sale of a diverse array of stationery and art products.

The company pursues its business under the brand name “DOMS,” which is recognized domestically and in 45+ countries. DOMS Industry delivers well-designed and quality stationery and art materials to consumers.

Financials-

Market Cap	9,206 Cr
P/E Ratio	64.85
Industry P/E	40.51
Debt to Equity	0.56
Return on Equity	32.73%
Dividend	0.00%

Net-profit margin-

The DOMS industry has reported more than 100 crores in FY23, with a revenue of 465 crores.

YEAR	Revenue	Profit
2023	1211	102
2022	683	17
2021	402	-6

All value are in crore

Current Share-holding Pattern

Share price targets for a specific company are highly speculative and influenced by numerous factors, such as market conditions, economic indicators, company performance, industry trends, and many more.

But we will predict the DOMS Industries share price target in 2024, 2025, 2026, 2027, 2028, 2029, and 2030, by analyzing the previous performance and after studying various brokerage and research firm forecasts.

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DOMS Industries share price target: 2024

2024	Minimum share price	Maximum share price
January 2024	1150	1530
February 2024	1335	1785
March 2024	1485	1810
April 2024	1522	1822
May 2024	1545	1938
June 2024	1667	1951
July 2024	1795	2065
August 2024	1728	2077
September 2024	1845	2195
October 2024	1886	2240
November 2024	1905	2388
December 2024	1940	2433

The share price of DOMS Industries is expected to continue experiencing volatility throughout the year because of Loksabha election, with a maximum price target of Rs. 2433 in December 2024 and a minimum price target of Rs. 1150 in February 2024.

The average price target for DOMS Industries in 2024 is expected to be around Rs. 1455.

DOMS Industries Share price target prediction for 2024 is based on the company’s financials, previous trends, and various brokerage firm reports.

DOMS Industries share price target: 2025

The share price of DOMS Industries is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs. 3250 in December 2025 and a minimum price target of Rs. 2348 in May 2025. The average price target for DOMS Industries in 2025 is expected to be around Rs. 2727.

DOMS Industries Share price target prediction for 2025 is based on the company’s financials, previous trends, and various brokerage firm reports.

DOMS Industries share price target: 2026

The share price of DOMS Industries is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs 4125 in December 2026 and a minimum price target of Rs 3650 in March 2026. The average price target for DOMS Industries in 2026 is expected to be around Rs 3855.

DOMS Industries Share price target prediction for 2026 is based on the company’s financials, previous trends, and various brokerage firm reports.

DOMS Industries share price target: 2027

The share price of DOMS Industries is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs. 4863 in December 2027 and a minimum price target of Rs. 4326 in March 2027. The average price target for DOMS Industries in 2027 is expected to be around Rs. 4580.

DOMS Industries Share price target prediction for 2027 is based on the company’s financials, previous trends, and various brokerage firm reports.

DOMS Industries share price target: 2028

The share price of DOMS Industries is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs. 5832 in December 2028 and a minimum price target of Rs. 5225 in March 2028. The average price target for DOMS Industries in 2028 is expected to be around Rs. 5543.

DOMS Industries Share price target prediction for 2028 is based on the company’s financials, previous trends, and various brokerage firm reports.

DOMS Industries share price target: 2029

The share price of DOMS Industries is expected to continue experiencing volatility throughout the year due to expected poll of Loksabha, with a maximum price target of Rs. 6285 in December 2025 and a minimum price target of Rs. 5746 in March 2029. The average price target for DOMS Industries in 2029 is expected to be around Rs. 6050.

DOMS Industries Share price target prediction for 2029 is based on the company’s financials, previous trends, and various brokerage firm reports.

DOMS Industries share price target: 2030

The share price of DOMS Industries is expected to continue experiencing volatility throughout the year, with a maximum price target of Rs. 7216 in December 2030 and a minimum price target of Rs. 6164 in March 2030. The average price target for DOMS Industries in 2030 is expected to be around Rs. 6500

DOMS Industries Share’s price target prediction for 2030 is based on the company’s financials, previous trends, and various brokerage firm reports.

Strength of DOMS Industries

DOMS Industries is the second-largest player in the Indian branded “stationery and art” market, with a market share of 12% by value as of 2023.

The company has a wide range of innovative products.

The company is operating in more than 45 countries with strategic alliances with FILA (a global brand in the overseas market) in Asia Pacific, Europe, and the Middle East.

Weaknesses of DOMS Industries

The company has a wooden pencil contribution of 32.49% of gross product sales in the respective period. Any decline in “wooden pencil” sales could adversely impact the company’s business and financial condition.

For export sales, dependence on FILA Group is a concern for DOMS Industries Limited.

The company’s total borrowing reached Rs. 152 crore as of October 31, 2023.

Competitor

Company Name	Market cap	P/E Ratio
Flair Writing	4041	34.23
Navneet Education	3308	27.11
Kokuyo Camlin	1547	38.57
Repro India	1201	91.61
Linc	1026	26.63

Conclusion

In India, more than 26 crore of the population are school-going children, so this sector has a huge business opportunity in this country itself, but situations like COVID-19 impact this industry harshly due to lockdowns and shutdowns of schools and colleges.

The company has recovered from that situation in a better way and has better finances right now. The company reported its profit in FY2023, which was 102 crore, which shows that the company has good management.