In continuation of our letter dated May 09, 2026, and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....
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DMR Engineering Limited announced its audited financial results for FY2026 ending March 31, 2026. On a standalone basis, total revenue declined slightly to ₹1,056.06 Lakhs from ₹1,079.81 Lakhs, while profit after tax dropped significantly to ₹95.63 Lakhs from ₹170.59 Lakhs (44% decline). Basic EPS fell to ₹0.92 from ₹4.43. Consolidated results show revenue grew to ₹1,286.38 Lakhs (from ₹1,184.67 Lakhs), but profit after tax declined to ₹139.87 Lakhs from ₹183.84 Lakhs. The Board recommended a final dividend of ₹0.14 per share, subject to shareholder approval at the 17th AGM. Two new Executive Directors (Divay Mittal and Arvind Bhat) were appointed, while Non-Executive Director Krishan Kumar Gupta retired without seeking re-appointment. Auditors issued unmodified (clean) opinions on both standalone and consolidated results.
The sharp decline in standalone profitability despite stable revenue, combined with a significant drop in cash reserves (from ₹129.45 Lakhs to ₹5.42 Lakhs), raises concerns about operational efficiency. The clean audit provides some comfort. Shareholders can expect the dividend if approved at the AGM, but the stock may face pressure due to declining earnings.