Block Deal Alert: DOMS Industries in focus as FILA likely to offload up to 7% stake

Block Deal Alert: DOMS Industries is expected to remain in focus on Wednesday after reports suggested that FILA is planning to offload a stake in the stationery maker through a block deal, according to Zee Business.

As per sources, FILA may sell up to a 7 per cent stake in DOMS Industries. The transaction is structured with a base deal size of 5.2 per cent equity and an additional 1.8 per cent greenshoe option.

Deal size pegged at around Rs 892 crore

The floor price for the proposed block deal has been set at Rs 2,100 per share, which represents a discount of about 9 per cent to Tuesday’s closing price.

At this pricing, the total deal size is estimated at approximately Rs 892 crore.

Stock gains

Shares of DOMS Industries ended Tuesday’s session 2.3 per cent higher at Rs 2,322.40 on the NSE, ahead of the anticipated transaction.

The stock has seen heightened investor interest in recent sessions, supported by strong operational updates and strategic business developments.

Recent acquisition boosts sentiment

The potential stake sale comes shortly after DOMS announced a key acquisition linked to the Reynolds brand in India. The company entered into an asset purchase agreement with Reynolds Pens India Pvt Ltd and other entities of the Newell Brands group to acquire assets related to pens, markers, highlighters and school supplies under the Reynolds brand.

The deal is seen as a strategic expansion aimed at strengthening DOMS’ position in India’s writing instruments and stationery market.

Strong financial performance and expansion plans

DOMS is also in a high-growth phase, supported by strong financials and aggressive capacity expansion plans.

As of March 31, 2026, the company reported a cash balance of Rs 61.8 crore and operating cash flow of Rs 254.3 crore for FY26. Management has guided capital expenditure of Rs 250–275 crore for FY27, indicating continued investment in expansion.

The company is developing a 45-acre manufacturing facility and integrating newly acquired assets as part of its long-term growth strategy.

For FY26, DOMS reported a 17.2 per cent year-on-year rise in net profit to Rs 56.7 crore, while revenue grew 18.7 per cent to Rs 604 crore. Full-year revenue increased 21.6 per cent to Rs 2,326.4 crore, exceeding management guidance.

Investors to track block deal impact

Market participants will now closely watch the execution of the block deal and its impact on DOMS Industries’ stock performance in the near term, especially amid strong fundamentals and recent corporate developments.