Donear Industries Ltd

Donear Industries Ltd – Company Report


1. Company Overview


Donear Industries Ltd is a prominent Indian textile manufacturer specializing in premium fabrics, headquartered in Mumbai, Maharashtra. Established in 1987, Donear combines over four decades of textile expertise with a focus on technology-driven innovation, catering to both domestic and global markets.

The company operates state-of-the-art manufacturing facilities in Silvassa (primarily weaving-centric) and Surat (a composite unit with yarn dyeing, weaving, and processing), and exports its products to more than 20 countries across five continents.

Donear is known for its popular brands like Donear Suiting & Shirting, Donear Royal Classico, Graviera, Ferrino Mizzoni, and D’Cot. The group has expanded through acquisitions, including GBTL (formerly Grasim Bhiwani Textiles Limited) and OCM, further strengthening its position in the textile and apparel sector.

  • Headquarters: Mumbai, Maharashtra, India
  • Founded: 1987
  • Manufacturing Units: Surat, Silvassa
  • Export Presence: 20+ countries
  • Group Brands: Donear, Graviera, Ferrino Mizzoni, D’Cot, OCM, GBTL

2. Products and Services


Donear Industries operates in multiple textile verticals:

  • Suiting & Shirting Fabrics

    • Poly-viscose, poly-wool, and poly-cotton blends
    • Formal and semi-formal collections
  • Branded Ready-to-Stitch Fabrics

    • Sold under brands like Graviera and Royal Classico
  • Retail & Apparel

    • Men’s apparel and accessories under D’Cot
  • Institutional & B2B Supplies

    • Uniform fabrics for schools, corporates, defense
  • Contract Manufacturing & Exports

    • Global B2B partnerships for private labels and bulk supply

3. Recent News and Developments


  • April 2024:
    OCM, part of Donear Group, won a contract from the Indian Army to supply wool-blended worsted fabric for ceremonial uniforms. This order strengthens Donear’s position in the defense textile segment.

  • February 2024:
    Donear Group announced the launch of its sustainable fabric line, with a focus on recycled poly-viscose and biodegradable fiber blends across GBTL and OCM.

  • December 2023:
    The company entered a long-term sourcing agreement with global fashion houses for premium wool blends, supporting exports to Europe and North America.


4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹921 crore
EBITDA ₹83 crore
EBITDA Margin 9%
Net Profit ₹31.87 crore
EPS ₹6.13

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.621.79
EV / EBITDA10.4913.98
Debt / Equity1.660.72
ROE %14.5221.26
ROCE %13.1820.08
P / B2.44.15
Div Yld %0.180.83
P/E17.724.56
OPM %9.0513.22
Qtr Sales Growth YOY %6.2117.11
Qtr Profit Growth YOY %-89.8218.39
ROA LAST 12M %4.269.91
Prom. Hold. %74.5665.63
Sales 3Yrs CAGR %17.0728.59
Sales 5Yrs CAGR %10.7720.55
Profit 3Yrs CAGR %12.8253.57
Profit 5Yrs CAGR %22.1634.19

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