DOMS would like to maintain EBITDA margins at 15-16% across categories: CFO

economictimes.indiatimes.com:

Rahul Shah, CFO, DOMS, says “across our product categories, the EBITDA margins are constant, close to 15-16% and that is where we like to be. We will want to continue this margin profile and focus more on increasing our revenues because the factors I mentioned and given the market potential, I think the need would be to enhance the revenue while at the same time maintaining this margin profile.”

I guess strong growth record and high margin profile has been leading to your subscription numbers as well and the listing pop. Will the company continue to grow at this pace and will margins continue to remain higher?
Firstly, we would like to welcome the new shareholders to the DOMS family.

Our family today seems to grow almost double in size from what we were earlier. Just to answer your question, if you see historically over the last 10 years, we have tried to maintain a CAGR of about 20%. We have achieved that.

Going forward also, we would like to continue having that sort of growth.
The first half numbers you have seen we probably did about 760 crores in the top line. By the year end FY24, we look to achieve about 25% growth in our top line.

So yes, the market is good. We believe there is a humongous opportunity in the Indian stationery and art material segment. And with the brand that we have, with the product, with the enhancement of capacity, our distribution network, we would like to leverage this and continue this momentum both in terms of revenue growth as well as in our margins.

Unlock Leadership Excellence with a Range of CXO Courses