Is Damodar Industries the Best Stock in Its Sector? A Look at the Numbers
- September 24, 2026
- Posted by: Neeraj Pandey
- Category: Market
Damodar Industries CMP Rs 29 (24 Sep 2026). Market cap Rs 69 Cr. ROE 3.63%. P/E 11.99x versus Industry P/E 49.64x.
Quick Answer
Damodar Industries is one of the names investors compare when screening the FMCG sector, built on a 3.63% return on equity and a P/E of 11.99x against an Industry P/E of 49.64x. Whether Damodar Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named FMCG sector peers, so you can judge that for yourself.
Is Damodar Industries the best stock in its sector? The stock trades on the NSE at Rs 29 as of 24 September 2026, within its 52-week range of Rs 20.00 to Rs 38.00. Damodar Industries Ltd manufactures edible oils and vanaspati.
Damodar Industries sits in the FMCG sector, and its 3.63% ROE and 11.99x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
Click Here – Get Free Investment Predictions
About Damodar Industries
Damodar Industries Ltd manufactures edible oils and vanaspati. It manufactures edible oils and vanaspati at a small scale, trading well below its own book value. At a market capitalisation of Rs 69 Cr, it is tracked as part of the FMCG sector on Univest.
Is Damodar Industries the Best Stock in Its Sector?
Damodar Industries makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 3.63% ROE with a 11.99x P/E against the sector’s 49.64x Industry P/E. Damodar Industries’ 3.63% ROE is modest and its micro-cap scale means the deep discount to book value should be read with caution rather than as a straightforward value signal against larger FMCG peers.
| Metric | Damodar Industries |
|---|---|
| CMP (NSE) | Rs 29.40 |
| 52-Week High / Low | Rs 38.00 / Rs 20.00 |
| Market Cap | Rs 69 Cr |
| P/E (TTM) vs Industry P/E | 11.99x vs 49.64x |
| P/B | 0.46 |
| ROE | 3.63% |
| EPS (TTM) | Rs 2.46 |
| Dividend Yield | 0.00% |
| Debt to Equity | 1.13 |
Compare Damodar Industries Against Other FMCG Sector Stocks
How Damodar Industries Compares Against Its FMCG Sector Peers
The table below sets Damodar Industries against 1 other FMCG sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 1 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Damodar Industries | 69 | 11.99 | 3.63% | 1.13 |
| Chaman Lal Setia Exports | 1,468 | 11.73 | 13.69% | 0.10 |
| Peer average (1 companies) | – | 11.73 | 13.69% | 0.10 |
Against this peer set, Damodar Industries’s 3.63% ROE is below the 13.69% peer average, and its P/E of 11.99x runs above the peer average of 11.73x. Damodar Industries’ 3.63% ROE is modest and its micro-cap scale means the deep discount to book value should be read with caution rather than as a straightforward value signal against larger FMCG peers.
What Makes Damodar Industries Worth Watching in FMCG
- Well below Industry P/E and book value: An 11.99x P/E against a 49.64x Industry P/E, alongside a P/B of 0.46, means the stock trades well below its own book value.
- Edible oil and vanaspati manufacturing: Manufacturing edible oils and vanaspati gives Damodar Industries a foothold in a large, essential consumer staples category.
- Very small, thinly traded scale: At a market capitalisation of Rs 69 Cr, Damodar Industries trades at a fraction of the scale of the larger FMCG names used for comparison.
Damodar Industries Valuation: Is It Justified?
Damodar Industries’ 3.63% ROE is modest and its micro-cap scale means the deep discount to book value should be read with caution rather than as a straightforward value signal against larger FMCG peers. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is CORONA Remedies the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Damodar Industries and other FMCG sector stocks.
How to Track Damodar Industries Before You Invest
Before deciding whether Damodar Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against FMCG sector peers using the steps below.
- Open the Univest Screener and search for Damodar Industries to view live price, valuation ratios, and peer comparisons within the FMCG sector.
- Compare its P/E, P/B, and ROE against other FMCG sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Damodar Industries earns a place in the best stock in its sector conversation on the strength of a 3.63% ROE and a P/E of 11.99x against a 49.64x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Damodar Industries the best stock in its sector?
Ans. Damodar Industries has a 3.63% ROE and trades at 11.99x P/E against a 49.64x Industry P/E, and compares below the peer average ROE of 13.69% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Damodar Industries?
Ans. Damodar Industries was trading at Rs 29.40 on the NSE as of 24 September 2026, within its 52-week range of Rs 20.00 to Rs 38.00.
What sector does Damodar Industries belong to?
Ans. Damodar Industries is classified under the FMCG sector on Univest.
How does Damodar Industries compare to its sector peers on P/E?
Ans. Damodar Industries’s P/E of 11.99x is above the 11.73x average of the 1 named peers compared in this article.
What is Damodar Industries’s return on equity?
Ans. Damodar Industries reported a return on equity of 3.63%, which is below the 13.69% average of its named peers in this comparison.
Should I invest in Damodar Industries based on its sector position?
Ans. Damodar Industries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
