Financial Result for quarter and Financial Year ended March 31, 2026
DCW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
DCW Ltd reported annual revenue of Rs 2,14,359 lakhs for FY2026, up 7.2% from Rs 2,00,034 lakhs in FY2025. Net profit surged 60.2% to Rs 4,817 lakhs (EPS Rs 1.63 vs Rs 1.02). The company earned an unmodified audit opinion but the auditor issued an Emphasis of Matter note highlighting four contingent tax/civil disputes: electricity tax demand of Rs 5,491 lakhs, customs duty demand of Rs 1,244 lakhs plus Rs 2,600 lakhs penalty, land repossession notice at Sahupuram, and income tax demands of Rs 669 lakhs plus Rs 2,893 lakhs MAT credit reduction. A scheme of amalgamation with Dhrangadhara Trading Company and Sahu Brothers became effective February 2026 (appointed date July 2024), with prior period figures restated. The board recommended a final dividend of Rs 0.20 per share (10%).
The 60% PAT growth is positive for shareholders, but investors should note the Emphasis of Matter flagging multiple tax litigations totaling over Rs 10,000+ lakhs in potential contingent liabilities. The clean audit opinion provides some comfort, but the unresolved tax disputes represent a key risk factor.