Intimation of Change in Directorate
DAMCAPITAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DAM Capital Advisors reported audited consolidated results for Q4 and FY ended March 2026. Full year revenue was Rs 237.11 crore (down from Rs 248.35 crore), PBT Rs 97.61 crore (down from Rs 136.98 crore), and PAT Rs 72.69 crore (down from Rs 103.78 crore). Q4 was notably weak with PAT of just Rs 0.25 crore due to seasonal factors. The Board recommended a final dividend of Rs 1 per equity share, subject to shareholder approval at AGM. Key leadership changes include the re-appointment of Mr. Dharmesh Mehta as MD & CEO for 5 years from June 10, 2026, and the completion of Mr. Jateen Doshi's tenure as Whole Time Director on June 9, 2026. Mr. Doshi chose not to seek re-appointment but will continue as Head of Institutional Equities. PwC was appointed as Internal Auditor for FY 2026-27.
Profit decline year-on-year may create short-term pressure on the stock. The WTD departure is notable but appears amicable as he retains operational role. Continued leadership stability under promoter-CEO Dharmesh Mehta is positive.