Dollar Industries Ltd. · NSE:DOLLAR
Dollar Industries — Q1 FY26 Earnings Presentation
45 slides from Dollar Industries's earnings presentation
Slide 1: Q1 FY26 Earnings Presentation
Threadmark Of Dollar Industries Limited Q1 FY26 Earnings Presentation 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation may contain certain forward-looking statements relating to Dollar Industries Limited and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its s
Slide 3: The Warp and Weft of Memories and Learnings
The Warp and Weft of Memories and Learnings Over a glittering function attended by the city glitterati, the Biography of Shri Din Dayal Gupta, Chairman Emeritus, Dollar Industries Limited, was launched amidst much fanfare. The book was launched by Shri Acharya Devrat, Hon’ble Governor of Gujarat. ‘A
Slide 4: Agenda
Agenda Financial 01 Q1 FY26 Highlights 05-15 04 Summary 31-33 About Dollar 02 Industries 16-25 05 ESG 34-38 Annexure 03 Growth Drivers 26-30 06 42-45 4
Slide 5: Management Commentary
Management Commentary “We are pleased to report that in Q1 FY26, our Operating Income grew by 19.6% YoY to ₹3,991 Mn, driven by a robust 18.7% YoY growth in volumes. Gross Profit grew by 19.0% YoY to ₹1,415 Mn, with Gross Profit Margin of 35.4%. Operating EBITDA increased by 20.4% YoY to ₹429 Mn, wi
Slide 6: Q1 FY26 Highlights
Dpouwar | D Q1 FY26 HIGHLIGHTS
Slide 7: Q1 FY26 Highlights
Q1 FY26 Highlights Revenue from Operations Gross Profit Operating EBITDA Profile After Tax Rs. 3,991 Mn Rs. 1,415 Mn Rs. 429 Mn Rs. 213 Mn YoY Growth 19.6% 19.0% 20.4% 39.3% Product Category wise Contribution Gross Profit Margins Operating EBITDA Margins 10.7% 10.7% 35.6% 35.4% 4% Trunk 10.3% 29.8%
Slide 8: Financial Highlights (1/2)
Financial Highlights (1/2) ₹ Million Profit After Particulars Operating Income Gross Profit Operating EBITDA Tax Q1 FY26 3,991 1,415 429 213 Growth (YOY) 19.6% 19.0% 20.4% 39.3% Growth (QOQ) (27.3%) (13.4%) (24.1%) (27.1%) Margin1(%) 35.4% 10.7% 5.3% Margin —YoY (17bps) 8 bps 76 bps Expansion/(Contr
Slide 9: Financial Highlights (2/2)
Financial Highlights (2/2) ₹ Million ROE(%)1 ROCE(%)1 Particulars 31-Mar-25 30-Jun-25 11.1% 13.0% Net Worth3 8,598 8,818 9.8% 11.5% Long Term Borrowings 308 277 Mar'25 Jun'25 Mar'25 Jun'25 Short Term Borrowings 2,988 2,509 Net Debt/Equity Net Debt/Operating EBITDA1 Net Debt 3,293 2,785 0.38 1.80 N
Slide 10: Revenue Contribution (1/2)
Revenue Contribution (1/2) Q1 FY26 Brand Wise Trade Channel Wise 44% 40% 3% Quick Commerce 4% Export 2% Modern Trade # 8% Dollar 0.1% 4% Dollar Man 4% Always Dollar 0.03% 84% Woman Dollar Junior Dollar Dollar 7% Domestic Thermals Protect Force NXT* E-Commerce *Force Gowear and Pepe are part of Force
Slide 11: Revenue Contribution (2/2)
Revenue Contribution (2/2) Q1 FY26 Region Wise Gender Wise Category Wise 45% 24% 82% 79% North East Men Innerwear 7% 24% 5% 13% 0.1% 20% South West Kids Women Accessories Outerwear 11
Slide 12: Our Brand Ambassadors
Our Brand Ambassadors Ad Spends as % of Revenue Brand Ambassadors: 7.6% 4.7% 7.3% 6.4% 6.0% FY21 FY22 FY23 FY24 FY25 Yami Gautam Mahesh Babu Akshay Kumar Saif Ali Khan By capping annual advertisement expenses at ₹1,000 million, ad spends as a percentage of revenue will decline in the coming years, a
Slide 13: Project Lakshya Updates (1/2)
Project Lakshya Updates (1/2) What are we doing? 317 • Mapping retail network in area allocated to distributor Distributors as • Enrolling retailers into Project Lakshya on Jun’25 • Execute Retailer Bonding Programs to ensure higher retention • Implementation of ARS and DMS at distributor level • SO
Slide 14: Project Lakshya Updates (2/2)
Project Lakshya Value Contribution Volume Contribution Updates (2/2) 26% 29% 31% 30% 32% 26% FY24 FY25 Q1 FY26 FY24 FY25 Q1 FY26 Lakshya Retailers Lakshya DB 14 13 12 1,50,811 1,65,926 1,67,369 73,230 73,911 75,354 290 317 317 FY24 FY25 Q1 FY26 FY24 FY25 Q1 FY26 Enrolled Active Lakshya DB States Dol
Slide 15: Penetrating Countries Across The World
Penetrating Countries Across The World Export Revenue in Q1 FY26 ₹ 165 Million 15 Countries GEORGIA IRAQ KUWAIT AFGHANISTAN BAHRAIN QATAR NEPAL UAE SAUDI MYANMAR ARABIA OMAN NIGERIA SOMALIA TANZANIA MOZAMBIQUE Where We Export 15
Slide 16: About Dollar Industries Limited
About Dollar Industries Limited 16
Slide 17: A Leading Player in Branded Outerwear and Innerwear
A Leading Player in Branded Outerwear and Innerwear Established in 1972, we have been able to solidify our presence as one of the leading players in the Indian hosiery space. ~300 Million 15% 2000+ 2400+ Garment manufacturing Market share in the Products across all Total employees capacity (pieces)
Slide 18: Mapping Our Progress Over Years
Mapping Our Progress Over 50 Years • Revamped our brand identity by introducing 2016-17 a new brand logo and Started our journey as • Secured 2% of overall architecture 2022-23 Bhawani Textiles, a revenues from Force NXT within a year of its launch • Launched our new TVCs • Opened a total of 14 EBO’
Slide 19: Dollar Portfolio (1/2)
Dollar Portfolio (1/2) Big Boss | J-Class | Missy | Athleisure Lehar Ultra | Wintercare Champion Rainguard Athleisure Leg Wears, Casual Vests, Briefs, Trunks, Thermal V-necks, T-shirts, Bermudas, Raincoats, Rainwear, Wear, Brassiere, Panties, Socks, Thermal Trousers, Vests, Briefs, Trunks, Gym Trous
Slide 20: Dollar Portfolio (2/2)
Dollar Portfolio (2/2) Innerwear & Athleisure Brief Trunk Vest T-Shirt Henley Tank Top Muscle Tee Long Sleeve Polo T-Shirt Jogger Track Pant Shorts T-Shirt Boxer Shorts Sweat Shirt Hoodie Jacket Long Sleeve Long Thermal Thermal Tee Trouser Activewear Tank Top Muscle Tee T-Shirt Shorts Jogger Track P
Slide 21: Brand Architecture Breakup
Brand Architecture Breakup PREMIUM ASP - ₹ 230-250 MID-PREMIUM ASP – ₹ 85-95 ECONOMY ASP - ₹ 45-55 21
Slide 22: Competition with Integrated Value Chain
Edging Past Competition with Integrated Value Chain 2.5 Million 700 Tonnes 400 Tonnes Metres per month Captive Average monthly output of Monthly installed capacity elastic production capacity Ne 20s to 40s single yarn of bleaching and dyeing 0.3 Million 300 Tonnes Manufacturing Pieces per day Captiv
Slide 23: To Cater To Larger Population
Widening Footprint To Cater To Larger Population Sales Team Dealer Network EBOs 650+ 1500+ 17 Retail Reach Branches Depots Warehouses 1,45,000+ 14 15 20+ Multi-Platform E-Retail Presence Modern Trade & E-Commerce 23
Slide 24: Guided By Experienced Directors
Guided By Experienced Directors Managing Director Managing Director Whole-time Director Whole-time Director Whole-time Director Independent Director Independent Director Independent Director Independent Director Independent Director 24
Slide 25: Supported By An Experienced Team
Supported By An Experienced Team President, Marketing Vice-president, Sales Vice-president, Strategy Chief Financial Officer Company Secretary Deputy General Manager – General Manager – Marcom & General Manager – Fabric General Manager – Sales National Sales Head – Lakshya HR & Admin Branding Divisi
Slide 26: Growth Drivers
Growth Drivers Strategic Priorities Leveraging new Brand Investing in Growth Through Overhaul Digitization Project Lakshya Growth Through EBOs Partnering for Diversifying Portfolio in Growth Adjacent Segments 26
Slide 27: Change In The Brand Architecture
Change In The Brand Architecture What are we doing? • 6 categories created – MAN, WOMAN, JUNIOR, ALWAYS, THERMALS, PROTECT • Akshay Kumar as our brand ambassador for Dollar man • Signed Yami Gautam as our brand ambassador for Dollar Women Why? To change the perception that Dollar is just a men’s • R
Slide 28: Digitalization To Increase Efficiencies
Integrating Digitalization To Increase Efficiencies What are we Why? doing? • Integrating Auto Replenishment System (ARS) and To integrate digitalization in our daily Distributor Management Systems (DMS) for our Lakshya operations to increase efficiencies distributors • Implemented ARS at the supply c
Slide 29: Strategic Partnership for Sustainable Growth
Strategic Partnership for Sustainable Growth Joint Venture with G.O.A.T • We entered a 51-49 JV with G.O.A.T Brands Lab Pte for Pepe Jeans Inner fashion Pvt. Ltd. • G.O.A.T Brands Lab Pte acquired 50% stake of Pepe and additional 2% non- voting equity • Multi-brand distributor for men, women and kid
Slide 30: Diversifying Product Portfolio in Adjacent Segment
Diversifying Product Portfolio in Adjacent Segment ‘Dollar Protect’, the ultimate rainwear line that combines elegance with unbeatable protection! A wide range of raincoats for men, women and kids, made from premium fabric with additional leak- proof stitching of comprehensive waterproofing. ‘Dollar
Slide 31: Financial Summary
Q1 FY26 FINANCIAL SUMMARY 31
Slide 32: Summary Profit & Loss
Summary Profit & Loss ₹ Million Particulars Q1 FY26 Q1 FY25 YoY Change Q4 FY25 QoQ Change FY25 Operating Income 3,991 3,337 19.6% 5,491 (27.3%) 17,105 Gross Profit 1,415 1,189 19.0% 1,634 (13.4%) 5,674 Gross Profit (%) 35.4% 35.6% (17 bps) 29.8% 569 bps 33.2% Operating EBITDA 429 356 20.4% 565 (24.
Slide 33: Focus on Shareholder Value Creation
Focus on Shareholder Value Creation Dividend Payout Net Debt And Net Debt/Operating EBITDA 12% 1.80 1.94 1.92 16% ₹ Million 16% 1.64 1.62 32% ₹ Million 17% 0.93 19% 0.85 2,024 1,171 2,055 1,614 3,040 3,293 2,785 136 170 170 170 170 96 FY20 FY21 FY22 FY23 FY24 FY25 FY20 FY21 FY22 FY23 FY24 FY25 Q1 FY
Slide 34: ESG at Dollar Industries
ESG at Dollar Industries 34
Slide 35: Contributing Towards a Greener Future
Contributing Towards a Greener Future Environment Zero Liquid Solar Power Wind Power Discharge 100 Lakh 70 Lakh 13.5 Units/Year Units Tonnes Power generation capacity Total power generated Daily production capacity of the solar power plant annually of our effluent treatment in Tirupur plant 8 MW 4.95
Slide 36: Empowering Our Biggest Asset Social (1/2)
Empowering Our Biggest Asset Social (1/2) Employee Engagement Women Empowerment Engaging with our employees on a daily Working towards reducing the gender gap basis to address their grievances and creating a safe working environment Skill Development Diversity And Inclusion Conducting regular on-the
Slide 37: Empowering Our Biggest Asset Social (2/2)
Empowering Our Biggest Asset Social (2/2) Donated ~Rs 12 millions for Donated ~Rs 3 millions for medical educational purposes to Acharya facilities to Bhawani Parivar Matri Gurukul Haripur; Hariyana Shiksha Sangh, Delhi and Marwari Relief Kendra, Vichaar Nirmaan Society, West Bengal Foundation & Van
Slide 38: Strengths That Drive Governance
Strengths That Drive Governance All members of the Diverse and Promoters possess Nomination & experienced Board of >3 decades of Remuneration Directors experience Committee are Independent Directors 75% members of the Audit We have two Woman Independent Directors Committee consist of Independent Dir
Slide 39: Shareholding Summary
Shareholding 72.2% Summary Promoter & Promoter Group Share Information As on 30 June 2025 16.0% 1.8% Others Foreign Portfolio NSE Ticker DOLLAR Institutions BSE Ticker DOLLAR Market Cap (INR Cr) 2,133.09 8.5% 1.5% Bodies Mutual Funds, AIFs % Free-float 27.79% Corporate and Others Financial Instituti
Slide 40: Why DOLLAR?
Wide reach Integrated Channel expansion & operations Omni Channel strategy Integrated value chain Why DOLLAR? Multi-brand portfolio covering Favourable financial wider user base positioning Increasing share of non- Continuously strengthening male users financials 40
Slide 41: Thank You
THANK YOU Chief Financial Officer Investor Relations Advisor Ajay Kumar Patodia Mudit Nahata cfo@dollarglobal.in ir@uirtus.in www.dollarglobal.in www.uirtus.in 41
Slide 42: Annexure
ANNEXURE 42
Slide 43: Our Core Vision, Mission, Values
Our Core VISION VALUES Dollar in everyone’s lives. • Insights and constant innovation are a way for Dollar. We also add value to Medium-term vision: the Dollar experience so as to keep it We aspire to metamorphise the Company into an aspirational brand by offering more vibrant and relevant premium an
Slide 44: Performance Track Record
Performance Track Record OPERATING INCOME (₹ Mn) GROSS MARGIN (₹ Mn & % MARGIN) OPERATING EBITDA (₹ Mn & % MARGIN) 36.7% 32.2% 33.2% 2,500 16.4% 18. 0% 600 0.0 34.2% 35.4% 40. 0% 29.6% 35. 0% 16. 0% 500 0.0 2,000 10.7% 14. 0% 30. 0% 400 0.0 13.3% 10.1% 12. 0% 25. 0% 1,500 7.0% 10.7% 10. 0% 300 0.0 2
Slide 45: Cash Conversion Cycle Break Up
Cash Conversion Cycle Break Up ₹ Million Particulars 31–Mar-25 30-Jun-25* Receivable Days1 112 120 Inventory Days2 110 125 Payable Days3 62 72 Cash Conversion Cycle4 160 173 1. Receivables days for is calculated by multiplying the average accounts receivables by 365 and dividing the result by the re