Nature of the Event

Regulatory disclosure of outcomes from the Board of Directors meeting held on November 13, 2026, pursuant to SEBI LODR Regulation 30.

Key Quantitative Figures

Standalone Financial Results (Quarter ended September 30, 2026)

  • Total Income: ₹180 lakh
  • Revenue from Operations: ₹70 lakh
  • Other Income: ₹110 lakh
  • Total Expenses: ₹267 lakh
  • Employee benefits expense: ₹65 lakh
  • Finance costs: ₹23 lakh
  • Depreciation and amortization: ₹47 lakh
  • Other expenses: ₹96 lakh
  • Loss before tax: ₹(87) lakh
  • Loss after tax: ₹(87) lakh
  • Total Comprehensive Loss: ₹(87) lakh
  • Earnings Per Share (EPS): ₹(0.47)
  • Paid-up Equity Share Capital: ₹1,868 lakh

Standalone Financial Results (Half-year ended September 30, 2026)

  • Total Income: ₹211 lakh
  • Revenue from Operations: ₹94 lakh
  • Other Income: ₹117 lakh
  • Loss before tax: ₹(250) lakh
  • Loss after tax: ₹(250) lakh
  • Total Comprehensive Loss: ₹(250) lakh
  • EPS: ₹(1.34)

Consolidated Financial Results (Quarter ended September 30, 2026)

  • Total Income: ₹1,962 lakh
  • Revenue from Operations: ₹1,858 lakh
  • Other Income: ₹104 lakh
  • Total Expenses: ₹1,855 lakh
  • Employee benefits expense: ₹1,015 lakh
  • Finance costs: ₹25 lakh
  • Depreciation and amortization: ₹66 lakh
  • Other expenses: ₹713 lakh
  • Profit before tax and share of profit: ₹107 lakh
  • Share of Profit of equity accounted investee: ₹11 lakh
  • Profit before tax: ₹118 lakh
  • Tax expense: ₹96 lakh
  • Profit for the period: ₹22 lakh
  • Total Comprehensive Income: ₹25 lakh
  • EPS: ₹0.12

Consolidated Financial Results (Half-year ended September 30, 2026)

  • Total Income: ₹4,040 lakh
  • Revenue from Operations: ₹3,879 lakh
  • Profit before tax: ₹376 lakh
  • Tax expense: ₹196 lakh
  • Profit for the period: ₹180 lakh
  • Total Comprehensive Income: ₹182 lakh
  • EPS: ₹0.97

Segment-wise Revenue (Standalone, Q2 FY27)

  • Real Estate: ₹46 lakh
  • Grey Iron Casting: ₹24 lakh
  • Others: ₹0 lakh

Segment-wise Revenue (Consolidated, Q2 FY27)

  • IT Services: ₹1,800 lakh
  • Real Estate: ₹46 lakh
  • Grey Iron Casting: ₹24 lakh
  • Others: ₹0 lakh

Assets and Liabilities (Standalone, as of September 30, 2026)

  • Total Assets: ₹7,592 lakh
  • Non-current Assets: ₹6,382 lakh
  • Property, plant and equipment: ₹2,421 lakh
  • Investments: ₹3,168 lakh
  • Current Assets: ₹1,118 lakh
  • Total Equity: ₹166 lakh
  • Total Liabilities: ₹7,426 lakh
  • Non-current liabilities: ₹2,009 lakh
  • Current liabilities: ₹5,417 lakh

Dates of Action

  • Board Meeting Date: November 13, 2026 (2:30 PM to 5:30 PM)
  • Resignation Effective Date: November 15, 2026 (closure of business hours)
  • New Appointment Effective Date: November 16, 2026

Parties Involved

  • Statutory Auditors: M/s. S S Kothari Mehta & Co. LLP, Chartered Accountants
  • Resigning Company Secretary: Ms. Sonal Gupta (ICSI Membership No. A36974)
  • Incoming Company Secretary: Ms. Neha Dheman (ICSI Membership No.: A32397)
  • Developer (JDA): GCD Prime
  • Regulatory Bodies: SEBI, BSE Limited, National Stock Exchange of India Ltd., Registrar of Companies, Hon'ble Delhi High Court

Purpose or Stated Rationale

  • The resignation of Ms. Sonal Gupta is to pursue opportunities outside the organization.
  • The sale of land in Vellore District, Tamil Nadu, is part of the company's plan to infuse liquidity by focusing on managing real estate assets not in use for business operations.

Financial or Operational Impact

  • The lockout at the Engineering Division in Punjab (effective October 22, 2019) has resulted in unprovided wages of ₹3,132 lakh (₹112 lakh pertains to Q2 FY27).
  • A disputed advance of ₹5,000 lakh from a joint development agreement (JDA) for land in Hisar, Haryana, remains in current liabilities, creating a working capital deficit.
  • Standalone current liabilities exceed current assets by ₹4,299 lakh.
  • Consolidated current liabilities exceed current assets by ₹79 lakh.
  • The company is involved in legal proceedings (appeals in Delhi High Court and arbitration) regarding the termination of the JDA with GCD Prime.
  • The Municipal Corporation of Delhi (MCD) has raised a demand of ₹24,134 lakh against a joint venture entity, which is being contested.

Capital Structure Impact

No change in paid-up equity share capital reported for the period.

Cash Flow Implications

  • Standalone operating activities resulted in a net cash outflow of ₹(194) lakh for the half-year.
  • Consolidated operating activities generated a net cash inflow of ₹332 lakh for the half-year.

Forward-looking Guidance or Management Commentary

  • The management believes that with the infusion of liquidity from the sale/disposal of land pieces and restructuring of the Engineering Business, the company will be able to continue as a going concern.
  • The company is evaluating various options for its Engineering business/operations.

Auditor's Emphasis of Matter

  • The auditors emphasized the non-provision of wages for the lockout period (₹3,132 lakh) based on management's view that the lockout is legal and justified.
  • A material uncertainty related to going concern was highlighted due to the working capital deficit and the contingent liability of the ₹5,000 lakh advance from the disputed JDA.

#Tags: #DCMLimited #SEBIDisclosure #Regulation30 #FinancialResults #Neutral