NSE: DCMFINSERV · BSE: 511611
DCM FINANCIAL SERVICES LT
A former non-banking financial company that has had no active business operations since losing its RBI NBFC registration in 2004 and ceasing to accept deposits. The entity is currently under a court-supervised One-Man Committee scheme for restructuring. For FY2026, total income was Rs. 54.31 lakhs against total expenses of Rs. 153.27 lakhs, producing a net loss of Rs. 102.27 lakhs. The balance sheet shows total liabilities of Rs. 7,124.96 lakhs against total assets of Rs. 2,010.88 lakhs, leaving negative net worth of Rs. 5,114.08 lakhs and accumulated losses of Rs. 9,336.30 lakhs. The statutory auditor V Sahai Tripathi & Co. issued a qualified opinion citing Rs. 1,683 lakhs of unpaid interest on debentures and fixed deposits, non-creation of a Rs. 2,014.98 lakh debenture redemption reserve, and raised an Emphasis of Matter on going concern. A contingent liability of Rs. 288.29 lakhs arises from an NBCC arbitration dispute. The company remains listed on BSE, NSE, and Calcutta Stock Exchange, with its registered office in Delhi. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. No active operating business. Non-operating former NBFC under court-supervised One-Man Committee restructuring scheme with negative net worth
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (2) | (2) | (1) | (2) | (1) |
| margin % | — | — | — | — | — |
| Owners' profit | 0 | (5) | (1) | (1) | (1) |
| EPS, as reported (₹) | 0.21 | (2.21) | (0.42) | (0.54) | (0.46) |
| ROE % · ROCE % | (1.1) · (2.2) | 10.1 · 2.0 | 1.9 · 2.1 | 2.4 · 1.4 | 2.0 · 1.9 |
| Debt / equity (x) | (1.82) | (1.54) | (1.43) | (1.39) | (1.36) |
| Cash from operations | 0 | 3 | 3 | (0) | (0) |
| Capex | (0) | (0) | (0) | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | (0) | (1) | (0) | (0) | (0) | (0) | (0) |
| Net profit | (0) | (0) | (1) | (0) | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.03) | (0.11) | (0.37) | (0.11) | (0.17) | (0.12) | (0.06) | (0.08) |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board meeting set for November 2 to approve September results | results | low | — | — |
| 14 Oct 2026 · RTA submits Q2 compliance certificate under SEBI Regulation 74(5) | compliance | minimal | — | — |
| 13 Oct 2026 · Reg 74(5) Depository Certificate for Q2 FY26 submitted | compliance | minimal | — | — |
| 28 Sept 2026 · Trading window closed for DCM Financial Services ahead of Q2 FY27 results | compliance | minimal | — | — |
| 26 Sept 2026 · DCM Financial Services 35th AGM results - all 3 resolutions approved | board shareholder meetings | medium | — | — |
| 24 Sept 2026 · AGM held on Sept 24; 3 resolutions including director appointments discussed | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Newspaper publication of notice for 35th AGM on September 24, 2026 | compliance | minimal | — | — |
| 26 Aug 2026 · 35th Annual Report FY2025-26 submitted, net loss narrows but revenue drops sharply | results | medium | — | — |
| 22 Aug 2026 · DCM Financial Services fixes 35th AGM for September 24, 2026 | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Newspaper Publication of Q1 FY26 Unaudited Results | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.