DONEAR
Donear Industries financials
- Market cap
- ₹442 Cr
- Sector
- Textiles
What Donear Industries Limited does
Donear Industries Limited is a textile manufacturing company headquartered in Mumbai. It produces fabrics and garment fabrics through a set of manufacturing units operating under the names Balaji Fabrics and Balaji Industries (Gujarat and Dadra & Nagar Haveli), Laxmi Fab (Dadra & Nagar Haveli), and Laxmi Garment Fabrics (Karnataka).
- Manufacturing units
- 4
- States with manufacturing presence
- 3 (Gujarat, Dadra & Nagar Haveli, Karnataka)
- Manufacturing unit locations
- Surat (Gujarat); Silvassa (Dadra & Nagar Haveli) x2; Bengaluru (Karnataka)
Quarterly results
Q1 FY27: revenue up 8.2%, net profit up 22.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 210 | 247 | 258 | 196 | 237 +13% | 240 −3% | 239 −7% | 212 +8% |
| EBITDA | 22 | 27 | 13 | 21 | 30 +36% | 28 +4% | 8 −38% | 23 +10% |
| Net profit | 11 | 11 | 2 | 9 | 12 +9% | 17 +55% | 5 +150% | 11 +22% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −11.3% 1Y
1Y: ₹95.89 on 10 Sept 2025 → ₹85.03. High ₹106.53 (27 Nov 2025), low ₹78.72 (27 Jan 2026).
Financials, as filed
Revenue grew 3.4% a year over 3 years, FY23 to FY26. Operating margin held at 9.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹826 Cr | ₹799 Cr | ₹914 Cr | ₹912 Cr |
| Operating profit | ₹75 Cr | ₹80 Cr | ₹83 Cr | ₹87 Cr |
| Operating margin | 9.1% | 10.0% | 9.1% | 9.5% |
| Interest | ₹28 Cr | ₹30 Cr | ₹32 Cr | ₹30 Cr |
| Depreciation | ₹9 Cr | ₹12 Cr | ₹14 Cr | ₹14 Cr |
| Net profit | ₹37 Cr | ₹35 Cr | ₹33 Cr | ₹43 Cr |
| Net margin | 4.5% | 4.4% | 3.6% | 4.7% |
| Cash from operations | ₹4 Cr | ₹71 Cr | ₹-1 Cr | ₹16 Cr |
| Free cash flow | ₹-8 Cr | ₹51 Cr | ₹-27 Cr | ₹2 Cr |
| ROCE | 17.0% | 16.0% | 14.0% | 14.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹105 Cr | ₹125 Cr | ₹161 Cr | ₹194 Cr | ₹245 Cr | ₹267 Cr |
| Borrowings | ₹237 Cr | ₹313 Cr | ₹353 Cr | ₹338 Cr | ₹397 Cr | ₹427 Cr |
| Other liabilities | ₹108 Cr | ₹162 Cr | ₹129 Cr | ₹168 Cr | ₹147 Cr | ₹148 Cr |
| Total liabilities | ₹460 Cr | ₹611 Cr | ₹654 Cr | ₹710 Cr | ₹800 Cr | ₹852 Cr |
| Fixed assets | ₹82 Cr | ₹82 Cr | ₹91 Cr | ₹87 Cr | ₹92 Cr | ₹102 Cr |
| Capital work in progress | ₹4 Cr | ₹5 Cr | ₹1 Cr | ₹8 Cr | ₹13 Cr | ₹11 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Other assets | ₹374 Cr | ₹523 Cr | ₹561 Cr | ₹607 Cr | ₹688 Cr | ₹732 Cr |
| Total assets | ₹460 Cr | ₹611 Cr | ₹654 Cr | ₹710 Cr | ₹800 Cr | ₹852 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.11 pp while FIIs trimmed −0.10 pp. The shareholder count shrank 7% to 16,750.
- Promoters
- 74.6%
- Public
- 25.4%
Since Jun 2025
- Public +0.11 pp
- FIIs −0.10 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 74.6%, Public 25.4%.Dec '23: Promoters 74.6%, Public 25.4%.Mar '24: Promoters 74.6%, Public 25.4%.Jun '24: Promoters 74.6%, FIIs 0.0%, DIIs 0.1%, Public 25.3%.Sep '24: Promoters 74.6%, FIIs 0.1%, DIIs 0.1%, Public 25.2%.Dec '24: Promoters 74.6%, FIIs 0.1%, DIIs 0.1%, Public 25.2%.Mar '25: Promoters 74.6%, FIIs 0.1%, Public 25.3%.Jun '25: Promoters 74.6%, FIIs 0.1%, Public 25.3%.Sep '25: Promoters 74.6%, Public 25.4%.Dec '25: Promoters 74.6%, FIIs 0.0%, Public 25.4%.Mar '26: Promoters 74.6%, Public 25.4%.Jun '26: Promoters 74.6%, Public 25.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Donear Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Bhavardevi Vishwanath Agarwal | 9.32% | unchanged |
| Rahul Rajendra Agarwal | 9.15% | unchanged |
| Rajendra Vishwanath Agarwal | 7.43% | unchanged |
| Ajay Vishwanath Agarwal | 7.17% | unchanged |
| Surya Ajay Agarwal | 7.01% | unchanged |
| Neena Ajay Agarwal | 5.61% | unchanged |
| Donear Synthetics | 5.00% | unchanged |
| R Ajaykumar Real Estate LLP | 4.62% | unchanged |
| Ajay V Agarwal Huf | 4.56% | unchanged |
| Uma Rajendra Agarwal | 3.60% | unchanged |
| Donear Retail Private Limited | 3.54% | unchanged |
| Rajendra V Agarwal Huf | 2.59% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Donear Industries Limited
Guides on how to read this kind of business and the numbers that matter.