What we do Dollar Industries Ltd is a leading Indian hosiery company manufacturing and selling innerwear, outerwear, thermal wear and athleisure products through well-known brands. |
Founded in 1,993 |
Market share Holds approximately 15% market share in the Indian hosiery space with a strong pan-India presence and over 1,500 dealers. |
Problem solved Provides comfortable, fashionable, and affordable inner and outerwear solutions catering to diverse consumer needs across age groups. |
Top clients or who we serve Serves retail customers across India and exports to 15 countries; operates in B2C through multi-brand retail, modern trade and e-commerce. |
Key management Vinod Kumar Gupta (Managing Director & CEO) |
Our journey and innovations Founded 1993; expanded brands including Big Boss, Force NXT; JV with Pepe Jeans Europe; launched athleisure and rainwear; enhanced manufacturing capacities significantly. |
Where we operate Primarily India with exports to 15 countries including Middle East and Africa. |
Top products or what we offer Offers innerwear, outerwear, thermals, athleisure, rainwear under brands like Dollar Man, Woman, Junior, Force NXT, Pepe Jeans London. |
Top brands Dollar Man, Dollar Woman, Dollar Junior, Dollar Always Thermal, Dollar Protect, Force NXT, Pepe Jeans London; leadership in innerwear segment with premium positioning. |
Raw materials needed Cotton yarn, synthetic fibers, elastics used for garment manufacturing. |
Raw materials supplier Sources raw materials from multiple Indian and international suppliers for yarn and knitting inputs. |
Recurring vs cyclical contribution Revenue driven by steady retail demand with seasonal variations influencing outerwear lines; largely recurring through consumer apparel demand. |
Our industry position A top-player in branded hosiery with around 15% market share and expanding premium segment presence. |
Financial highlights FY2024-25 revenue ₹1710 Cr, net profit ₹91 Cr, steady revenue growth and profitability; EBITDA margin ~10-11%. |
Geographical revenue split India contributes ~96%, export markets ~4% of revenues (FY2025). |
Order book - |
Whats driving growth Growth propelled by brand expansion, differentiated premium products, robust distribution network, digital initiatives, and product diversification. |
Our future plans Capacity expansions in spinning and garments, merger of promoter group companies, strengthening premium segments, increasing retail footprint including Exclusive Brand Outlets. |
Our green promise Investments in solar and wind power, zero liquid discharge facilities, ESG initiatives for sustainable operations. |
Our people and values Employs over 240 people with focus on diversity, inclusion, skill development and ethical business practices. |
Key challenges ahead Competitive pressures, commodity price volatility, evolving consumer preferences, and maintaining profitability amid growth. |
Interesting facts Largest Indian innerwear brand in Middle East markets; early adopter of captive power through wind and solar generation. |
Risks and strategy Manages risks via diversified product portfolio, cost controls, digital supply chain; focuses on premiumization and brand loyalty to sustain growth. |
