{"id":346034,"date":"2026-11-13T10:16:07","date_gmt":"2026-11-13T04:46:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=346034"},"modified":"2026-11-13T10:16:07","modified_gmt":"2026-11-13T04:46:07","slug":"stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/","title":{"rendered":"3 Stationery and Art Products Maker, Defence Energetics Maker and Vehicle Lighting Maker Stocks With a Strong Future Roadmap: DOMS Industries, Premier Explosives and Fiem Industries"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>DOMS Industries, Premier Explosives and Fiem Industries: ROE of 15.8% to 21.0% and FY22 to FY26 revenue CAGR of 15.8% to 36.0%. Prices as of 12 Nov 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E84;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three stationery, defence energetic and lamp stocks to watch are DOMS Industries, Premier Explosives and Fiem Industries. Their return on equity ranges from 15.8% to 21.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.8% to 36.0%. Fiem Industries has the highest return on equity at 21.0%, while DOMS Industries has the fastest revenue growth at 36.0% a year. Prices are based on the 12 November 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Stationery, defence energetic and lamp stocks offer a focused view of a sector where demand keeps widening. DOMS Industries, Premier Explosives and Fiem Industries cover a stationery and art products maker, a defence energetics maker and a vehicle lighting maker.<\/p>\n<p>This list covers three stationery, defence energetic and lamp stocks with complete current figures: DOMS Industries, Premier Explosives and Fiem Industries. Every figure comes from the latest reported financials and the 12 November 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#What_Are_Stationery_Defence_Energetic_and_Lamp_Stocks\" title=\"What Are Stationery, Defence Energetic and Lamp Stocks?\">What Are Stationery, Defence Energetic and Lamp Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Stationery_Defence_Energetic_and_Lamp_Stocks_at_a_Glance\" title=\"Stationery, Defence Energetic and Lamp Stocks at a Glance\">Stationery, Defence Energetic and Lamp Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Why_Do_Stationery_Defence_Energetic_and_Lamp_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Stationery, Defence Energetic and Lamp Stocks Have a Strong Roadmap in India?\">Why Do Stationery, Defence Energetic and Lamp Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Why_DOMS_Industries_Features_Among_These_Stationery_Defence_Energetic_and_Lamp_Stocks\" title=\"Why DOMS Industries Features Among These Stationery, Defence Energetic and Lamp Stocks\">Why DOMS Industries Features Among These Stationery, Defence Energetic and Lamp Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Why_Premier_Explosives_Features_Among_These_Stationery_Defence_Energetic_and_Lamp_Stocks\" title=\"Why Premier Explosives Features Among These Stationery, Defence Energetic and Lamp Stocks\">Why Premier Explosives Features Among These Stationery, Defence Energetic and Lamp Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Why_Fiem_Industries_Features_Among_These_Stationery_Defence_Energetic_and_Lamp_Stocks\" title=\"Why Fiem Industries Features Among These Stationery, Defence Energetic and Lamp Stocks\">Why Fiem Industries Features Among These Stationery, Defence Energetic and Lamp Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#DOMS_Industries_vs_Premier_Explosives_vs_Fiem_Industries_on_Key_Financials\" title=\"DOMS Industries vs Premier Explosives vs Fiem Industries on Key Financials\">DOMS Industries vs Premier Explosives vs Fiem Industries on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Key_Risks_to_Check_Before_Investing_in_Stationery_Defence_Energetic_and_Lamp_Stocks\" title=\"Key Risks to Check Before Investing in Stationery, Defence Energetic and Lamp Stocks\">Key Risks to Check Before Investing in Stationery, Defence Energetic and Lamp Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Final_Thoughts_on_Stationery_Defence_Energetic_and_Lamp_Stocks\" title=\"Final Thoughts on Stationery, Defence Energetic and Lamp Stocks\">Final Thoughts on Stationery, Defence Energetic and Lamp Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#What_are_stationery_defence_energetic_and_lamp_stocks\" title=\"What are stationery, defence energetic and lamp stocks?\">What are stationery, defence energetic and lamp stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Which_stationery_defence_energetic_and_lamp_stocks_are_covered_in_this_list\" title=\"Which stationery, defence energetic and lamp stocks are covered in this list?\">Which stationery, defence energetic and lamp stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Why_do_stationery_defence_energetic_and_lamp_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do stationery, defence energetic and lamp stocks have a strong future roadmap in India?\">Why do stationery, defence energetic and lamp stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#How_has_DOMS_Industries_performed_financially\" title=\"How has DOMS Industries performed financially?\">How has DOMS Industries performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#How_has_Premier_Explosives_performed_financially\" title=\"How has Premier Explosives performed financially?\">How has Premier Explosives performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#How_has_Fiem_Industries_performed_financially\" title=\"How has Fiem Industries performed financially?\">How has Fiem Industries performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#What_risks_should_investors_check_before_buying_stationery_defence_energetic_and_lamp_stocks\" title=\"What risks should investors check before buying stationery, defence energetic and lamp stocks?\">What risks should investors check before buying stationery, defence energetic and lamp stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/stationery-and-art-products-maker-defence-energetics-maker-and-vehicle-lighting-maker-stocks-roadmap-uplands-list\/#Is_this_list_of_stationery_defence_energetic_and_lamp_stocks_investment_advice\" title=\"Is this list of stationery, defence energetic and lamp stocks investment advice?\">Is this list of stationery, defence energetic and lamp stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Stationery_Defence_Energetic_and_Lamp_Stocks\"><\/span><strong>What Are Stationery, Defence Energetic and Lamp Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stationery, defence energetic and lamp stocks are listed companies that make pencils, notebooks, colours and art products for students, make propellants and energetic materials for defence and space, and make lighting and signalling products for two wheelers and cars. Their earnings depend on school demand, defence orders and vehicle output.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stationery_Defence_Energetic_and_Lamp_Stocks_at_a_Glance\"><\/span><strong>Stationery, Defence Energetic and Lamp Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/doms\/doms-industries-ltd-share-price-today\">DOMS Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,024.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,606<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">55.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.12<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/premexpln\/premier-explosives-ltd-share-price-today\">Premier Explosives<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">587.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,722<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">111.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.11<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/fiemind\/fiem-industries-ltd-share-price-today\">Fiem Industries<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,943.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,790<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.05<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Fiem Industries trades at a P\/E below the industry P\/E, while DOMS Industries and Premier Explosives trade above it, which reflects the growth the market already expects. Readers comparing stationery, defence energetic and lamp stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Stationery_Defence_Energetic_and_Lamp_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Stationery, Defence Energetic and Lamp Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stationery, defence energetic and lamp stocks have a strong roadmap in India because growing school enrolment, strong defence and space programmes and rising two wheeler production keep widening the market for these companies.<\/p>\n<ul>\n<li><strong>Stationery.<\/strong> Students need steady supplies.<\/li>\n<li><strong>Defence energetics.<\/strong> Missile and space programmes need propellants.<\/li>\n<li><strong>Vehicle lighting.<\/strong> Vehicles need safer lighting.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_DOMS_Industries_Features_Among_These_Stationery_Defence_Energetic_and_Lamp_Stocks\"><\/span><strong>Why DOMS Industries Features Among These Stationery, Defence Energetic and Lamp Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the stationery, defence energetic and lamp stocks on this list, DOMS Industries, based in Gujarat, is a stationery and art material company known for pencils, colours, notebooks and other school products.<\/p>\n<p>In the June 2026 quarter, revenue grew 19.0% year on year to Rs 674 crore. Revenue rose from Rs 686 crore in FY22 to Rs 2,345 crore in FY26, a compound annual growth rate of 36.0%.<\/p>\n<p>Net profit grew from Rs 103 crore in FY23 to Rs 240 crore in FY26, which works out to a compound annual growth rate of 32.5%. The company has a return on equity of 18.9%, a debt to equity ratio of 0.12 and a market capitalisation of Rs 12,606 crore. The stock trades at a P\/E of 55.8, above the industry P\/E of 33.1.<\/p>\n<p><strong>Roadmap:<\/strong> A growing student base, rising spending on branded stationery and a wider distribution network support demand. The company is adding capacity for pens and new categories and is increasing its reach in more towns.<\/p>\n<p><strong>What to watch:<\/strong> Monitor the school season trends and the ramp-up of new product lines.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Premier_Explosives_Features_Among_These_Stationery_Defence_Energetic_and_Lamp_Stocks\"><\/span><strong>Why Premier Explosives Features Among These Stationery, Defence Energetic and Lamp Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the school supplies, missile propellant and lamp shares on this list, Premier Explosives makes industrial explosives, detonators, propellants and defence products, and is a supplier of rocket motors and solid propellants for strategic and space programmes.<\/p>\n<p>The company has a return on equity of 15.8%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 3,722 crore. The stock trades at a P\/E of 111.0, above the industry P\/E of 48.1.<\/p>\n<p>Revenue rose from Rs 202 crore in FY22 to Rs 430 crore in FY26, a compound annual growth rate of 20.8%. Net profit grew from Rs 5.2 crore in FY22 to Rs 45.8 crore in FY26, which works out to a compound annual growth rate of 72.1%.<\/p>\n<p><strong>Roadmap:<\/strong> The company is moving up the value chain into defence and space propellants, which carry higher margins than civil explosives. Orders from strategic programmes and capacity expansion support the plan.<\/p>\n<p><strong>What to watch:<\/strong> Check the execution of defence and space orders, which can be uneven from one quarter to the next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Fiem_Industries_Features_Among_These_Stationery_Defence_Energetic_and_Lamp_Stocks\"><\/span><strong>Why Fiem Industries Features Among These Stationery, Defence Energetic and Lamp Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Fiem Industries makes automotive lighting, signalling equipment and rear view mirrors, mainly for two-wheelers, with leading Japanese and Indian makers as customers.<\/p>\n<p>Revenue rose from Rs 1,575 crore in FY22 to Rs 2,836 crore in FY26, a compound annual growth rate of 15.8%. Net profit grew from Rs 95.3 crore in FY22 to Rs 256 crore in FY26, which works out to a compound annual growth rate of 28.0%.<\/p>\n<p>In the June 2026 quarter, revenue grew 17.4% year on year to Rs 780 crore, while net profit rose 12.9% to Rs 64.9 crore. The company has a return on equity of 21.0%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 4,790 crore. The stock trades at a P\/E of 18.2, below the industry P\/E of 36.9.<\/p>\n<p><strong>Roadmap:<\/strong> LED lighting is replacing older bulbs, which raises the value of each vehicle&#8217;s lighting set. Fiem is also adding capacity and customers, and the move to premium two-wheelers helps its mix.<\/p>\n<p><strong>What to watch:<\/strong> Follow two-wheeler production volumes and customer-specific launch schedules.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"DOMS_Industries_vs_Premier_Explosives_vs_Fiem_Industries_on_Key_Financials\"><\/span><strong>DOMS Industries vs Premier Explosives vs Fiem Industries on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three stationery, defence energetic and lamp stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">DOMS Industries<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">686<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,345<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">240<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Premier Explosives<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">202<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">430<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">45.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Fiem Industries<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,575<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,836<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">256<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Fiem Industries posts the highest return on equity in this group at 21.0%. Fiem Industries has the largest FY26 revenue at Rs 2,836 crore, and DOMS Industries shows the fastest revenue growth with a 36.0% compound annual rate. A useful habit with stationery, defence energetic and lamp stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Stationery_Defence_Energetic_and_Lamp_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Stationery, Defence Energetic and Lamp Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these stationery, defence energetic and lamp stocks, the main points are:<\/p>\n<ul>\n<li><strong>Consumer spending.<\/strong> Sales follow festivals, incomes and consumer mood.<\/li>\n<li><strong>Order timing.<\/strong> Defence and space orders can shift between periods.<\/li>\n<li><strong>Production cycles.<\/strong> Vehicle output can vary with demand.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter stationery, defence energetic and lamp stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Stationery_Defence_Energetic_and_Lamp_Stocks\"><\/span><strong>Final Thoughts on Stationery, Defence Energetic and Lamp Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stationery, defence energetic and lamp stocks reward patient research into demand, execution and financial strength. DOMS Industries, Premier Explosives and Fiem Industries each have a clear plan to grow. Based on the 12 November 2026 close, DOMS Industries trades at Rs 2,024.1, Premier Explosives at Rs 587.9 and Fiem Industries at Rs 1,943.5.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track stationery, defence energetic and lamp stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_stationery_defence_energetic_and_lamp_stocks\"><\/span><strong>What are stationery, defence energetic and lamp stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Stationery, defence energetic and lamp stocks are listed companies that make pencils, notebooks, colours and art products for students, make propellants and energetic materials for defence and space, and make lighting and signalling products for two wheelers and cars. Their earnings depend on school demand, defence orders and vehicle output. This list looks at three of them, DOMS Industries, Premier Explosives and Fiem Industries, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stationery_defence_energetic_and_lamp_stocks_are_covered_in_this_list\"><\/span><strong>Which stationery, defence energetic and lamp stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers DOMS Industries, Premier Explosives and Fiem Industries. Based on the 12 November 2026 close, DOMS Industries traded at Rs 2,024.1, Premier Explosives at Rs 587.9 and Fiem Industries at Rs 1,943.5. Their return on equity ranges from 15.8% to 21.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.8% to 36.0%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_stationery_defence_energetic_and_lamp_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do stationery, defence energetic and lamp stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Stationery, defence energetic and lamp stocks have a strong roadmap in India because growing school enrolment, strong defence and space programmes and rising two wheeler production keep widening the market for these companies. The main drivers are as follows. Stationery. Students need steady supplies. Defence energetics. Missile and space programmes need propellants. Vehicle lighting. Vehicles need safer lighting. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_DOMS_Industries_performed_financially\"><\/span><strong>How has DOMS Industries performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 686 crore in FY22 to Rs 2,345 crore in FY26, a compound annual growth rate of 36.0%. Net profit grew from Rs 103 crore in FY23 to Rs 240 crore in FY26, which works out to a compound annual growth rate of 32.5%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 674 crore. The company has a return on equity of 18.9%, a debt to equity ratio of 0.12 and a market capitalisation of Rs 12,606 crore. The stock trades at a P\/E of 55.8, above the industry P\/E of 33.1. Looking ahead, a growing student base, rising spending on branded stationery and a wider distribution network support demand. The company is adding capacity for pens and new categories and is increasing its reach in more towns.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Premier_Explosives_performed_financially\"><\/span><strong>How has Premier Explosives performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 202 crore in FY22 to Rs 430 crore in FY26, a compound annual growth rate of 20.8%. Net profit grew from Rs 5.2 crore in FY22 to Rs 45.8 crore in FY26, which works out to a compound annual growth rate of 72.1%. The company has a return on equity of 15.8%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 3,722 crore. The stock trades at a P\/E of 111.0, above the industry P\/E of 48.1. Looking ahead, the company is moving up the value chain into defence and space propellants, which carry higher margins than civil explosives. Orders from strategic programmes and capacity expansion support the plan.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Fiem_Industries_performed_financially\"><\/span><strong>How has Fiem Industries performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,575 crore in FY22 to Rs 2,836 crore in FY26, a compound annual growth rate of 15.8%. Net profit grew from Rs 95.3 crore in FY22 to Rs 256 crore in FY26, which works out to a compound annual growth rate of 28.0%. In the June 2026 quarter, revenue grew 17.4% year on year to Rs 780 crore, while net profit rose 12.9% to Rs 64.9 crore. The company has a return on equity of 21.0%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 4,790 crore. The stock trades at a P\/E of 18.2, below the industry P\/E of 36.9. Looking ahead, lED lighting is replacing older bulbs, which raises the value of each vehicle&#8217;s lighting set. Fiem is also adding capacity and customers, and the move to premium two-wheelers helps its mix.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_stationery_defence_energetic_and_lamp_stocks\"><\/span><strong>What risks should investors check before buying stationery, defence energetic and lamp stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying stationery, defence energetic and lamp stocks. Consumer spending. Sales follow festivals, incomes and consumer mood. Order timing. Defence and space orders can shift between periods. Production cycles. Vehicle output can vary with demand. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_stationery_defence_energetic_and_lamp_stocks_investment_advice\"><\/span><strong>Is this list of stationery, defence energetic and lamp stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 12 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are stationery, defence energetic and lamp stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Stationery, defence energetic and lamp stocks are listed companies that make pencils, notebooks, colours and art products for students, make propellants and energetic materials for defence and space, and make lighting and signalling products for two wheelers and cars. Their earnings depend on school demand, defence orders and vehicle output. This list looks at three of them, DOMS Industries, Premier Explosives and Fiem Industries, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which stationery, defence energetic and lamp stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers DOMS Industries, Premier Explosives and Fiem Industries. Based on the 12 November 2026 close, DOMS Industries traded at Rs 2,024.1, Premier Explosives at Rs 587.9 and Fiem Industries at Rs 1,943.5. Their return on equity ranges from 15.8% to 21.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.8% to 36.0%.\"}},{\"@type\":\"Question\",\"name\":\"Why do stationery, defence energetic and lamp stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Stationery, defence energetic and lamp stocks have a strong roadmap in India because growing school enrolment, strong defence and space programmes and rising two wheeler production keep widening the market for these companies. The main drivers are as follows. Stationery. Students need steady supplies. Defence energetics. Missile and space programmes need propellants. Vehicle lighting. Vehicles need safer lighting. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has DOMS Industries performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 686 crore in FY22 to Rs 2,345 crore in FY26, a compound annual growth rate of 36.0%. Net profit grew from Rs 103 crore in FY23 to Rs 240 crore in FY26, which works out to a compound annual growth rate of 32.5%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 674 crore. The company has a return on equity of 18.9%, a debt to equity ratio of 0.12 and a market capitalisation of Rs 12,606 crore. The stock trades at a P\/E of 55.8, above the industry P\/E of 33.1. Looking ahead, a growing student base, rising spending on branded stationery and a wider distribution network support demand. The company is adding capacity for pens and new categories and is increasing its reach in more towns.\"}},{\"@type\":\"Question\",\"name\":\"How has Premier Explosives performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 202 crore in FY22 to Rs 430 crore in FY26, a compound annual growth rate of 20.8%. Net profit grew from Rs 5.2 crore in FY22 to Rs 45.8 crore in FY26, which works out to a compound annual growth rate of 72.1%. The company has a return on equity of 15.8%, a debt to equity ratio of 0.11 and a market capitalisation of Rs 3,722 crore. The stock trades at a P\/E of 111.0, above the industry P\/E of 48.1. Looking ahead, the company is moving up the value chain into defence and space propellants, which carry higher margins than civil explosives. 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Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stationery, Defence Energetic and Lamp Stocks with a strong future roadmap: DOMS Industries, Premier Explosives and Fiem Industries. Compare price, valuation, return on equity and revenue growth as of 12 November 2026.<\/p>\n","protected":false},"author":34,"featured_media":346033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,23276,9497,23279,9095,23277,23278,13955,22489,15295],"class_list":["post-346034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-defence-energetic-and-lamp-stocks","tag-doms-industries","tag-energetics-and-vehicle-lighting-stocks","tag-fiem-industries","tag-missile-propellant-and-lamp-shares","tag-pencil-maker","tag-premier-explosives","tag-school-supplies","tag-stationery"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["346033"],"rank_math_title":["Stationery, Defence Energetics and Lighting Stocks"],"rank_math_description":["Compare 3 stationery, defence energetic and lamp stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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