Financial Performance Highlights

Q4 FY2026 Performance (YoY):

  • Revenue from Operations: ₹402 crore, up 22.4% from ₹329 crore
  • EBITDA: ₹36 crore, up 25.7% from ₹29 crore
  • EBITDA Margin: 9.0% vs 8.8% (24 bps improvement)
  • Profit Before Tax: ₹25 crore, up 2.6% from ₹25 crore
  • Profit After Tax: ₹19 crore, up 4.3% from ₹18 crore
  • Earnings Per Share: ₹14.92 vs ₹14.30

FY2026 Annual Performance (YoY):

  • Revenue from Operations: ₹1,424 crore, up 12.4% from ₹1,267 crore
  • EBITDA: ₹146 crore, up 41.4% from ₹103 crore
  • EBITDA Margin: 10.2% vs 8.1% (210 bps improvement)
  • Profit Before Tax: ₹114 crore, up 17.3% from ₹97 crore
  • Profit After Tax: ₹85 crore, up 17.0% from ₹72 crore
  • Earnings Per Share: ₹66.64 vs ₹57.01

Operational and Order Book Highlights

  • Order book as of March 31, 2026: ₹2,230 crore
  • Order book as of May 30, 2026: ₹2,964 crore (significant increase)
  • 5-year revenue CAGR (FY21-26): 27%
  • Employee strength: 1,000+ employees with 1,000+ technical team members
  • PAN India coverage: 1,300+ locations

Major Contract Wins

  • Reserve Bank of India: ₹249.15 crore cloud infrastructure order
  • Punjab & Sind Bank: ₹108.88 crore cloud and enterprise application order
  • Life Insurance Corporation: ₹138.44 crore Digital Workplace Solutions contract
  • Jammu & Kashmir Bank: ₹74.99 crore Device-as-a-Service project
  • State Bank of India: ₹62.98 crore SD-WAN project
  • Core Banking as a Service orders: ₹51.28 crore
  • Bank of Baroda: ₹18.84 crore CTS Scanner orders

Business Segment Performance

Data Centre Segment:

  • Revenue grew 2.5x from FY23 to FY26
  • Becoming main growth engine driving margin improvement
  • AI workloads and data residency needs driving accelerated investments

Networking and Security Segment:

  • FY26 revenue: ₹169 crore
  • 5-year CAGR: +67%
  • Comprehensive offerings including firewall, SDN, cybersecurity, SOC services

Strategic Initiatives and Partnerships

  • Partnership with Cygeniq for AI-driven cybersecurity across India, Middle East, and APAC
  • Recognized as Lenovo 360 TruScale DaaS Growth Partner of the Year - Asia Pacific
  • Received Versa Networks' Systems Integration Partner of the Year award
  • HPE's Partner/Solution Provider of the Year 2025 awards
  • Honored among "India's Leading ESG Entities 2025" by Dun & Bradstreet

Strategic Focus Areas

1. Data Centre and AI Focus: Modernizing data centers, AI-ready infrastructure, AI-driven solutions

2. Cybersecurity Expansion: Structured portfolio across risk management, threat management, protection

3. Organic Growth: Cross-selling opportunities between solutions and services

4. Geographic Expansion: Expansion into APAC and Europe regions

5. Inorganic Growth: Targeting acquisitions in cybersecurity, data center lifecycle, and AI capabilities

Management Commentary

From Chairman & Managing Director Mr. Shirish Anjaria: "FY2026 was another year of strong execution and profitable growth for Dynacons. The year reflects the strength of our integrated solutions platform, disciplined execution, and increasing contribution from higher-value infrastructure and managed services engagements."

Capital Structure and Balance Sheet

FY2026 Balance Sheet Highlights:

  • Total Assets: ₹1,013 crore
  • Total Equity: ₹315 crore
  • Non-Current Liabilities: ₹120 crore
  • Current Liabilities: ₹578 crore
  • Trade Receivables: ₹602 crore
  • Cash and Cash Equivalents: ₹13 crore
  • Property, Plant and Equipment: ₹68 crore

Historical Financial Trend (FY2022-FY2026)

| Particulars (₹ crore) | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |

| Revenue from Operations | 654 | 804 | 1,024 | 1,267 | 1,424 |

| EBITDA | 30 | 55 | 78 | 103 | 146 |

| EBITDA Margin % | 4.7% | 6.8% | 7.6% | 8.1% | 10.2% |

| Net Profit | 16 | 33 | 54 | 72 | 85 |

| EPS (₹) | 15.36 | 27.78 | 42.41 | 57.01 | 66.64 |

Leadership Team

  • Mr. Shirish Anjaria: Chairman & Managing Director (50+ years experience)
  • Mr. Parag J Dalal: Executive Director (35+ years experience)
  • Mr. Dharmesh S. Anjaria: Executive Director and CFO (28+ years experience)
  • Independent Directors: Mr. Vijay Doshi, Mr. Ashok Bhumaiah Rajagiri, Ms. Falguni Shah
  • Ms. Pooja Patwa: Company Secretary & Compliance Officer