• Home
  •  / Damodar Threads

Damodar Threads

  • Revenue₹5.7 BFY, 2021
  • Market Capitalization₹1.3 B2022-02-23

OverviewSuggest Edit

Damodar Threads (also known as Damodar Industries) is a manufacturer of synthetic blended yarns. The company produces and exports cotton, polyester, linen, silk, and other blended yarns. 
TypePublic
Founded1987
HQMumbai, INMap
Websitedamodargroup.com

Locations

Damodar Threads is headquartered in
Mumbai, India

Location Map
All Locations (6)

Latest Updates

Employees (est.) (Mar 2020)1,466(+29%)
Revenue (FY, 2021)₹5.7 B(-26%)
Share Price (Aug 2022)₹53.1(+12%)
Cybersecurity ratingDMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Damodar Threads

Anil D Biyani

Anil D Biyani

Executive Director
Kumar Biyani

Kumar Biyani

Executive Chairman
Ketan K. Patel

Ketan K. Patel

Independent Non-Executive Director
Mamta Ashok Biyani

Mamta Ashok Biyani

Independent Non-Executive Director
Pankaj Srivastava

Pankaj Srivastava

Independent Non - Executive Director
Show more

Damodar Threads Office Locations

Damodar Threads has offices in Mumbai, Belagavi, Bengaluru, Salem and in 1 other location
Mumbai, IN (HQ)
19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli
Belagavi, IN
Margamma Galli, Khasbag, Vadagoan
Bengaluru, IN
28/1, Siddanna Ln, Cubbonpete, Nagarathpete
Mumbai, IN
161, Mittal Estate, Sakinaka, Andheri (E), Mittal Industrial Estate, Marol, Andheri East
Salem, IN
NAGIER STREET
Surat, IN
Jeevandeep Complex, Ring Rd, Jeevandeep Society, Sagrampura
Show all (6)

Damodar Threads Financials and Metrics

Damodar Threads Revenue

Embed Graph
View revenue for all periods
Damodar Threads's revenue was reported to be ₹5.68 b in FY, 2021
INR

Revenue (Q3, 2022)

(1.7b)

Gross profit (Q3, 2022)

(317.0m)

Gross profit margin (Q3, 2022), %

19.1%

Net income (Q3, 2022)

9.7m

EBITDA (Q3, 2022)

(97.1m)

EBIT (Q3, 2022)

(37.3m)

Market capitalization (23-Feb-2022)

1.3b

Closing stock price (23-Feb-2022)

58.8

EV

1.3b
Damodar Threads's current market capitalization is ₹1.3 b.
Annual
INRFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

6.5b7.7b7.7b5.7b

Cost of goods sold

(5.5b)(6.6b)(6.4b)(4.6b)

Gross profit

1.0b1.1b1.3b1.1b

Gross profit Margin, %

16%14%17%20%
Quarterly
INRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

2.1b2.1b1.6b1.9b1.7b2.0b548.4m1.3b1.7b2.0b2.1b(1.7b)

Cost of goods sold

(1.8b)(1.8b)(1.3b)(1.6b)(1.3b)(1.7b)(444.8m)(1.1b)(1.3b)(1.6b)(1.6b)1.3b

Gross profit

280.0m309.1m304.7m295.1m395.9m392.5m103.5m259.0m352.6m426.3m483.5m(317.0m)

Gross profit Margin, %

14%15%19%15%23%19%19%20%21%21%23%19%
show all
Annual
INRFY, 2018FY, 2019FY, 2020FY, 2021

Cash

45.2m21.7m7.3m9.2m

Accounts Receivable

937.4m843.4m984.7m808.7m

Prepaid Expenses

132.3m111.0m27.3m22.5m

Inventories

499.5m750.3m1.0b786.2m
Quarterly
INRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Cash

27.0m14.6m7.6m8.6m

Accounts Receivable

1.0b834.5m728.3m817.8m

Prepaid Expenses

13.6m13.0m

Inventories

457.4m924.9m894.5m722.0m
show all
Annual
INRFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

177.0m123.2m(111.6m)(86.8m)

Depreciation and Amortization

85.1m124.1m230.2m240.8m

Inventories

129.1m(250.8m)(267.4m)231.4m

Accounts Payable

58.5m123.4m151.7m(227.6m)
Quarterly
INRQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

(49.1m)(221.6m)83.3m

Depreciation and Amortization

112.8m111.8m119.1m

Inventories

(174.7m)123.2m64.2m

Accounts Payable

(79.3m)(133.4m)(17.9m)
show all
INRFY, 2018

Revenue/Employee

15.4m

Debt/Equity

1.6 x

Debt/Assets

0.6 x

Financial Leverage

2.8 x
Show all financial metrics

Damodar Threads Revenue Breakdown

Embed Graph

Damodar Threads revenue breakdown by business segment: 100.0% from MANUFACTURE AND EXPORT OF COTTON YARN AND TEXTILE

Damodar Threads revenue breakdown by geographic segment: 100.0% from INDIA

Damodar Threads Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

Learn more about our premium products
SecurityScorecard logo

Damodar Threads Online and Social Media Presence

Damodar Threads's Trends

Embed Graph

 Damodar Threads Frequently Asked Questions

  • When was Damodar Threads founded?

    Damodar Threads was founded in 1987.

  • Who are Damodar Threads key executives?

    Damodar Threads's key executives are Anil D Biyani, Kumar Biyani and Ketan K. Patel.

  • How many employees does Damodar Threads have?

    Damodar Threads has 1,466 employees.

  • What is Damodar Threads revenue?

    Latest Damodar Threads annual revenue is ₹5.7 b.

  • What is Damodar Threads revenue per employee?

    Latest Damodar Threads revenue per employee is ₹3.9 m.

  • Who are Damodar Threads competitors?

    Competitors of Damodar Threads include Nishat Mills, Alps Industries and Ginni Filaments.

  • Where is Damodar Threads headquarters?

    Damodar Threads headquarters is located at 19/22 & 27/30, Madhu Estate, Pandurang Budhkar Marg, Worli, Mumbai.

  • Where are Damodar Threads offices?

    Damodar Threads has offices in Mumbai, Belagavi, Bengaluru, Salem and in 1 other location.

  • How many offices does Damodar Threads have?

    Damodar Threads has 6 offices.