Dollar Industries reports strong Q2, H1 FY'26 performance

Dollar Industries Limited reported a strong Q2 FY'26, with operating income growing 5.6% year-on-year to Rs. 471 crores and operating EBITDA increasing 23.3% to Rs. 603 million, achieving a margin of 12.8%. Profit after tax rose 32.7% year-on-year to Rs. 352 million, with a PAT margin of 7.4%. For H1 FY'26, operating income grew 11.6% year-on-year to Rs. 8,710 million, with PAT at Rs. 565 million, marking a 35.1% growth.

The company's working capital improved, with receivable days reducing to 116 and inventory days moderating to 119. Strategic highlights included the proposed merger of nine promoter group companies, aiming to consolidate assets, eliminate structural overlaps, and reduce related party transactions. Advertisement expenses were curtailed to 6.2% of operating income in H1 FY'26, down from 7.2% in H1 FY'25, with plans for further reduction.

Key product categories saw resilient growth, with Thermals achieving 23.5% value and 28.1% volume growth. Force NXT, the premium innerwear line, grew 6% in value and 19.2% in volume, while the kids' range, Champion, posted exceptional gains of 109.4% in value and 73.9% in volume. The premium segment overall delivered 25.1% volume growth.