Danube Industries Reports Audited Standalone Financial Results for FY26
Danube Industries Limited reported audited standalone financial results for the quarter and year ended March 31, 2026, with full-year net profit rising to Rs. 136.09 lacs from Rs. 121.73 lacs and total income increasing to Rs. 11,691.84 lacs. Total assets grew significantly to Rs. 11,214.46 lacs from Rs. 6,351.05 lacs, driven by higher trade receivables and inventories. The results were approved by the Board on May 18, 2026, with an unmodified audit opinion from M/s. U B G & Company.

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Danube Industries Limited has released its audited standalone financial results for the quarter and year ended March 31, 2026, following approval by the Board of Directors at their meeting held on May 18, 2026. The statutory auditors, M/s. U B G & Company, Chartered Accountants (FRN: 141076W), issued an unmodified opinion on the standalone financial results for the year ended March 31, 2026, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (Ind AS).
Full-Year Financial Performance
For the year ended March 31, 2026, Danube Industries recorded total income of Rs. 11,691.84 lacs, compared to Rs. 10,966.87 lacs in the previous year. Revenue from operations for the full year stood at Rs. 11,516.94 lacs against Rs. 10,966.37 lacs in the prior year. The company's net profit for the year grew to Rs. 136.09 lacs from Rs. 121.73 lacs in the corresponding previous period. The following table summarises the key full-year financial metrics:
| Metric: | FY26 (Year ended Mar 31, 2026) | FY25 (Year ended Mar 31, 2025) |
|---|---|---|
| Revenue from Operations: | Rs. 11,516.94 lacs | Rs. 10,966.37 lacs |
| Other Income: | Rs. 174.90 lacs | Rs. 0.50 lacs |
| Total Income: | Rs. 11,691.84 lacs | Rs. 10,966.87 lacs |
| Total Expenses: | Rs. 11,506.51 lacs | Rs. 10,800.48 lacs |
| Profit Before Tax: | Rs. 185.33 lacs | Rs. 166.40 lacs |
| Total Tax Expenses: | Rs. 49.25 lacs | Rs. 44.66 lacs |
| Net Profit: | Rs. 136.09 lacs | Rs. 121.73 lacs |
| Basic EPS (Continuing Operations): | Rs. 0.15 | Rs. 0.19 |
| Diluted EPS (Continuing Operations): | Rs. 0.15 | Rs. 0.19 |
Quarterly Financial Performance
For the quarter ended March 31, 2026, the company reported total income of Rs. 3,524.81 lacs, compared to Rs. 3,260.34 lacs in the quarter ended December 31, 2025, and Rs. 3,724.13 lacs in the quarter ended March 31, 2025. Net profit for the quarter stood at Rs. 26.03 lacs. The table below presents the quarterly comparison:
| Metric: | Q4 FY26 (Mar 31, 2026) | Q3 FY26 (Dec 31, 2025) | Q4 FY25 (Mar 31, 2025) |
|---|---|---|---|
| Revenue from Operations: | Rs. 3,351.13 lacs | Rs. 3,260.02 lacs | Rs. 3,724.05 lacs |
| Other Income: | Rs. 173.67 lacs | Rs. 0.32 lacs | Rs. 0.08 lacs |
| Total Income: | Rs. 3,524.81 lacs | Rs. 3,260.34 lacs | Rs. 3,724.13 lacs |
| Total Expenses: | Rs. 3,486.54 lacs | Rs. 3,196.80 lacs | Rs. 3,643.70 lacs |
| Profit Before Tax: | Rs. 38.26 lacs | Rs. 63.54 lacs | Rs. 80.43 lacs |
| Net Profit: | Rs. 26.03 lacs | Rs. 47.55 lacs | Rs. 59.68 lacs |
| Basic EPS (Continuing Operations): | Rs. 0.03 | Rs. 0.05 | Rs. 0.18 |
| Diluted EPS (Continuing Operations): | Rs. 0.03 | Rs. 0.05 | Rs. 0.18 |
Balance Sheet Highlights
As at March 31, 2026, total assets of the company stood at Rs. 11,214.46 lacs, a significant increase from Rs. 6,351.05 lacs as at March 31, 2025. Current assets rose to Rs. 10,693.02 lacs from Rs. 5,846.40 lacs, driven primarily by an increase in trade receivables to Rs. 7,145.41 lacs from Rs. 3,193.28 lacs, and inventories rising to Rs. 2,910.81 lacs from Rs. 2,085.16 lacs. Non-current assets stood at Rs. 521.44 lacs compared to Rs. 504.65 lacs in the prior year.
| Balance Sheet Item: | As at Mar 31, 2026 | As at Mar 31, 2025 |
|---|---|---|
| Total Non-Current Assets: | Rs. 521.44 lacs | Rs. 504.65 lacs |
| Total Current Assets: | Rs. 10,693.02 lacs | Rs. 5,846.40 lacs |
| Total Assets: | Rs. 11,214.46 lacs | Rs. 6,351.05 lacs |
| Total Equity: | Rs. 3,562.91 lacs | Rs. 3,426.82 lacs |
| Total Non-Current Liabilities: | Rs. 91.84 lacs | Rs. 76.75 lacs |
| Total Current Liabilities: | Rs. 7,559.72 lacs | Rs. 2,847.47 lacs |
| Total Equity and Liabilities: | Rs. 11,214.46 lacs | Rs. 6,351.05 lacs |
Cash Flow and Capital Details
The audited cash flow statement for the year ended March 31, 2026 reflects net cash used in operating activities of Rs. (1,689.48) lacs, compared to Rs. (1,811.11) lacs in the previous year. Net cash used in investing activities was Rs. (28.40) lacs against Rs. (37.55) lacs in the prior year. Net cash from financing activities stood at Rs. 1,728.22 lacs, resulting in a net increase in cash and cash equivalents of Rs. 10.34 lacs. Cash and cash equivalents at the closing balance stood at Rs. 13.50 lacs, up from an opening balance of Rs. 3.16 lacs.
The paid-up equity share capital remained unchanged at Rs. 1,819.80 lacs with a face value of Rs. 2.00 per share. The company noted that during the previous financial year, 3,09,90,000 equity shares were issued, the impact of which has been duly considered in the calculation of Earnings Per Share. Reserves excluding revaluation reserves stood at Rs. 1,734.64 lacs as at March 31, 2026, compared to Rs. 1,607.02 lacs in the prior year. The financial results were prepared in accordance with Ind AS under the Companies (Indian Accounting Standards) Rules, 2015 and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Danube Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.46% | -7.99% | +7.07% | -32.66% | +20.18% | +22.12% |
Given that trade receivables nearly doubled to Rs. 7,145 lacs while revenue grew only modestly, what steps is Danube Industries planning to improve its working capital management and debtor collection efficiency in FY27?
With current liabilities surging from Rs. 2,847 lacs to Rs. 7,559 lacs and operating cash flows remaining negative, how sustainable is Danube Industries' financing-dependent growth model over the next 2-3 years?
The significant spike in Q4 FY26 other income (Rs. 173.67 lacs vs near-zero in prior quarters) appears to have propped up profitability — what is the nature of this income and can it be expected to recur in FY27?



























