Dollar Industries Limited announced its audited consolidated financial results for Q4 FY26 and full year FY26 ended 31st March 2026 through a press release submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance - Q4 FY26

  • Operating Income: ₹62,155 lacs, representing 13.2% YoY growth
  • Gross Profit: ₹17,442 lacs with Gross Profit Margin of 28.1% (declined 169 basis points from 29.8%)
  • Operating EBITDA: ₹5,767 lacs with Operating EBITDA Margin of 9.3% (declined 101 basis points from 10.3%)
  • Profit After Tax (PAT): ₹3,258 lacs with PAT Margin of 5.2% (declined 8 basis points from 5.3%)
  • Diluted EPS: ₹5.74 compared to ₹5.16 in Q4 FY25

Financial Performance - Full Year FY26

  • Operating Income: ₹1,88,096 lacs, representing 10.0% YoY growth
  • Gross Profit: ₹62,164 lacs, up 9.6% YoY with Gross Profit Margin of 33.0% (compared to 33.2%)
  • Operating EBITDA: ₹19,969 lacs, up 9.3% YoY with Operating EBITDA Margin of 10.6% (compared to 10.7%)
  • Profit After Tax (PAT): ₹10,743 lacs, up 18.0% YoY with PAT Margin of 5.7% (improved from 5.3%)
  • Diluted EPS: ₹18.94 compared to ₹16.05 in FY25

Volume Growth

  • Annual volume growth: 9.8% YoY
  • Quarterly volume growth: 12.0% YoY

Dividend Declaration

The Board has recommended a dividend of ₹3 per share, subject to shareholders' approval, representing a dividend payout ratio of 15.8%.

Business Performance Highlights

  • Force NXT (Premium Brand): Q4 FY26 value growth of 16.0% and volume growth of 24.3%; FY26 value growth of 16.5% and volume growth of 26.2%
  • Dollar Protect (Rain Guard Segment): Q4 FY26 volume growth of 49.9%; FY26 volume growth of 18.0%
  • Quick Commerce Channel: Grew 437.0% YoY, expanding revenue contribution from 0.5% to 2.5%
  • Non-traditional Channels: Overall growth of 24.2% YoY in FY26

Strategic Initiatives

The company has commenced the pilot run of Phase 2 of Project Lakshya, which aims to:

  • Deepen presence within stronghold states by increasing active retailers
  • Analyze local competitive dynamics in non-dominant territories
  • Develop tailored market-entry strategies

Raw Material Impact

Due to increased cotton prices (key raw material), the company has undertaken a calibrated price hike in early Q1 FY27 to mitigate input cost increases while maintaining operational stability and sustainable profitability.

Company Background

Dollar Industries Limited is a garment and hosiery business with domestic and international presence spanning over 15 countries. The company holds approximately 15% market share in the organized segment and is the first Indian innerwear company with a fully integrated manufacturing unit.