Dollar Industries Ltd. · NSE:DOLLAR
Dollar Industries — Q4 FY26 Earnings Presentation
48 slides from Dollar Industries's earnings presentation, May 23, 2026
Slide 1: Cover letter to stock exchanges
Date: 23rd May, 2026 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Limited Exchange Plazza, C-1, Block ‘G’, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Symbol - DOLLAR Scrip Code :541403 Dear Sir /Madam, Reg:
Slide 2: Dollar Industries Limited Q4 & FY26 Earnings Presentation
Threadmark Of Legacy Dollar Industries Limited Q4 & FY26 Earnings Presentation 1
Slide 3: 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 4: 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 Late 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 5: Agenda
Agenda Financial 01 Q4 FY26 Highlights 05-15 04 Summary 33-35 About Dollar 02 Industries 16-25 05 ESG 36-40 Annexure 03 Growth Drivers 26-32 06 43-46 4
Slide 6: Management Commentary
Management Commentary We are pleased to report a resilient financial performance for the final quarter and financial year 2026, characterized by robust volume growth. Our focus yielded an annual and quarterly volume growth of 9.8% YoY and 12.0% YoY, respectively. Operating Income for the quarter sto
Slide 7: Q4 & FY26 Highlights
Dpouwar | D Q4 & FY26 HIGHLIGHTS
Slide 8: Key Highlights
Key Highlights Revenue from Operations Gross Profit Operating EBITDA Profit After Tax Q4 FY26 Rs. 6,215 Mn Rs. 1,744 Mn Rs. 577 Mn Rs. 326 Mn YoY Growth 13.2% 6.7% 2.0% 11.4% FY26 Product Category wise Contribution Gross Profit Margins Operating EBITDA Margins 36.5% 10.3% 29.8% 28.1% 10.0% 6% 4% Tru
Slide 9: Financial Highlights (1/2)
Financial Highlights (1/2) ₹ Million Profit After Particulars Operating Income Gross Profit Operating EBITDA Tax Q4 FY26 6,215 1,744 577 326 Growth (YoY) 13.2% 6.7% 2.0% 11.4% Growth (QoQ) 60.0% 23.1% 48.5% 77.5% Margin1(%) 28.1% 9.3% 5.2% FY26 18,810 6,216 1,997 1,074 Growth (YoY) 10.0% 9.6% 9.3% 1
Slide 10: Financial Highlights (2/2)
Financial Highlights (2/2) ₹ Million ROE(%)1 ROCE(%)1 13.4% Particulars 31-Mar-25 31-Dec-25 31-Mar-26 11.9% 11.3% 13.0% 11.1% Net Worth3 8,598 9,206 9,542 12.6% Long Term Borrowings 308 270 338 Mar'25 Dec'25 Mar'26 Mar'25 Dec'25 Mar'26 Short Term Borrowings 2,988 2,974 2,431 Net Debt/Equity Net Debt
Slide 11: Revenue Contribution (1/2)
Revenue Contribution (1/2) FY26 43% Brand Wise Trade Channel Wise 3% 36% Quick Commerce 3% Export 2% Modern Trade # 8% 6% Dollar 0.1% 2% 5% Dollar Man Always Dollar Dollar 87% Woman Junior Dollar Dollar 5% Domestic – Thermals Protect Force NXT* E-Commerce General Trade *Force Gowear and Pepe are par
Slide 12: Revenue Contribution (2/2)
Revenue Contribution (2/2) FY26 Region Wise Gender Wise Category Wise 47% 24% 81% 82% North East Men Innerwear 8% 21% 5% 14% 0.3% 17.7% South West Kids Women Accessories Outerwear 11
Slide 13: Our Brand Ambassadors
Our Brand Ambassadors Ad Spends as % of Revenue Brand Ambassadors: 7.6% 6.4% 4.7% 7.3% 6.0% 5.5% FY21 FY22 FY23 FY24 FY25 FY26 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 comin
Slide 14: Project Lakshya Updates (1/2)
Project Lakshya Updates (1/2) What are we doing? 319 • Mapping retail network in area allocated to distributor Distributors as • Enrolling retailers into Project Lakshya on Mar’26 • Execute Retailer Bonding Programs to ensure higher retention • Implementation of ARS and DMS at distributor level • SO
Slide 15: Project Lakshya Updates (2/2)
Project Lakshya Value Contribution Volume Contribution Updates (2/2) 29% 29% 30% 30% 26% 26% FY24 FY25 FY26 FY24 FY25 FY26 Lakshya Retailers Lakshya DB 14 15 13 325 13 12 320 315 11 310 305 9 300 7 1,65,926 1,72,260 295 1,50,811 73,230 73,911 78,754 290 5 285 290 317 319 3 280 1 275 FY24 FY25 FY26 F
Slide 16: Penetrating Countries Across The World
Penetrating Countries Across The World Export Revenue in FY26 ₹ 622 Million 15 Countries GEORGIA IRAQ KUWAIT AFGHANISTAN BAHRAIN QATAR NEPAL UAE SAUDI MYANMAR ARABIA OMAN NIGERIA SOMALIA TANZANIA MOZAMBIQUE Where We Export 15
Slide 17: About Dollar Industries Limited
About Dollar Industries Limited 16
Slide 18: 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 15% 2000+ 240+ Million Market share in the Indian hosiery space Products across all segments of presence Total employees
Slide 19: Mapping Our Progress Over Years
Mapping Our Progress Over 50 Years • Revamped our brand identity by 2016-17 introducing a new Started our journey • Secured 2% of overall brand logo and 2022-23 as Bhawani Textiles, revenues from Force architecture NXT within a year of its • Opened a total of 14 EBO’s a proprietary • Launched our ne
Slide 20: 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 21: 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 22: Brand Architecture Breakup
Brand Architecture Breakup PREMIUM ASP - ₹ 230-250 MID-PREMIUM ASP – ₹ 85-95 ECONOMY ASP - ₹ 45-55 21
Slide 23: 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 24: Widening Footprint To Cater To Larger Population
Widening Footprint To Cater To Larger Population Sales Team Dealer Network EBOs 650+ 1500+ 17 Retail Reach Branches 1,45,000+ Depots Warehouses 14 15 20+ Multi-Platform E-Retail Presence Modern Trade & E-Commerce 23
Slide 25: 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 26: Supported By An Experienced Team
Supported By An Experienced Team President, Marketing Vice-President, Sales Vice-President, Strategy Chief Financial Officer Company Secretary GM – Channel Strategy & Deputy GM – HR & Admin GM – Sales GM – Marcom & Branding GM – Fabric Division Transformation 25
Slide 27: Growth Drivers
Growth Drivers Strategic Priorities Leveraging new Investing in Growth Through Brand Overhaul Digitization Project Lakshya Growth Through EBOs Partnering for Diversifying Portfolio in Growth Adjacent Segments 26
Slide 28: 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 29: 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
Slide 30: 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 31: 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 32: Proposed Merger of Promoter Group Companies with Dollar Industries
Proposed Merger of Promoter Group Companies with Dollar Industries 31
Slide 33: Overview
Overview • The merger involves nine companies: 1. ADDS Projects Private Limited - Acquires/develops commercial properties; leases to Dollar Industries & affiliates. 2. Dindayal Texpro Private Limited (de-merged segment) - Job work and makes leggings & kurtis using both Dollar-supplied & independent
Slide 34: Q4 & FY26 Financial Summary
Q4 & FY26 FINANCIAL SUMMARY 33
Slide 35: Summary Profit & Loss
Summary Profit & Loss ₹ Million Particulars Q4 FY26 Q4 FY25 YoY Change Q3 FY26 QoQ Change FY26 FY25 YoY Change Operating Income 6,215 5,491 13.2% 3,884 60.0% 18,810 17,105 10.0% Gross Profit 1,744 1,634 6.7% 1,417 23.1% 6,216 5,674 9.6% Gross Profit (%) 28.1% 29.8% (169 Bps) 36.5% (842 bps) 33.0% 33
Slide 36: Focus on Shareholder Value Creation
Focus on Shareholder Value Creation Dividend Payout Net Debt And Net Debt/Operating EBITDA 12% 1.80 1.92 ₹ Million 16% 1.64 32% ₹ Million 1.39 17% 19% 16% 0.93 0.85 3,040 2,055 3,293 2,768 1,614 1,171 170 170 170 170 170 136 FY21 FY22 FY23 FY24 FY25 FY26* FY21 FY22 FY23 FY24 FY25 FY26 Dividend inclu
Slide 37: ESG at Dollar Industries
’ i ¥ ~, Pe oe | F i aR | } | aA 5, x 5 ESG at Dollar Industries
Slide 38: Contributing Towards a Greener Future
Contributing Towards a Greener Future Environment Solar Power Wind Power Zero Liquid 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 4.9
Slide 39: 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 40: 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 41: 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 Committee We have three Woman Independent Directors consist of Independent D
Slide 42: Shareholding Summary
Shareholding 72.5% Summary Promoter & Promoter Group Shares Information As on 31st March 2026 13.6% 5.0% Others Foreign Portfolio NSE Ticker DOLLAR Institutions BSE Ticker DOLLAR Market Cap (INR Cr) 1,263.92 7.9% 1.0% Bodies Mutual Funds, AIFs % Free-float 27.52% Corporate and Others Financial Insti
Slide 43: Why DOLLAR?
Wide reach Integrated Channel expansion operations & Omni Channel Integrated value strategy chain Why DOLLAR? Multi-brand portfolio covering Favourable wider user base financial Increasing share of positioning non-male users Continuously strengthening financials 42
Slide 44: Annexure
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Slide 45: 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 a
Slide 46: Performance Track Record
Performance Track Record OPERATING INCOME (₹ Mn) GROSS MARGIN (₹ Mn & % MARGIN) OPERATING EBITDA (₹ Mn & % MARGIN) 34.2% 33.2% 2,500 16.4% 18.0% 33.0% 700 0.0 35.0% 32.2% 34.0 % 16. 0% 10.7% 6000.0 29.6% 2,000 14.0% 33.0% 5000.0 10.1% 10.6% 12.0 % 4000 .0 32.0% 1,500 7.0% 10.0 % 31.0 % 8.0% 30 00.0
Slide 47: Cash Conversion Cycle Break Up
Cash Conversion Cycle Break Up Particulars 31–Mar-25 31-Dec-25* 31-Mar-26 Receivable Days1 112 111 115 Inventory Days2 110 130 102 Payable Days3 62 68 63 Cash Conversion Cycle4 160 173 154 1. Receivables days for is calculated by multiplying the average accounts receivables by 365 and dividing the r
Slide 48: 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 47