Daulat Securities reports net loss for FY26
Daulat Securities Limited reported a net loss of ₹178.72 lakh for FY26, a reversal from the previous year's profit of ₹161.80 lakh, as revenue from operations turned negative to (₹142.80) lakh. The Board approved the audited results on May 29, 2026, which were subsequently published in newspapers on May 30, 2026. Total income for the year dropped to (₹77.62) lakh, while basic EPS stood at (₹3.57).

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Daulat Securities Limited reported a net loss of ₹178.72 lakh for the financial year ended March 31, 2026, reversing from a net profit of ₹161.80 lakh in the previous year. The company’s revenue from operations turned negative during the year, recorded at (₹142.80) lakh compared to ₹166.30 lakh in FY25. Total comprehensive income for the year stood at (₹240.47) lakh, a sharp decline from ₹77.25 lakh in the prior year.
The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The results were reviewed by the Audit Committee prior to approval. The statutory auditors issued an unmodified audit report on the standalone financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Extracts of the audited financial results were published in Arthik Lipi (Bengali) and Business Standard (English) on May 30, 2026.
Financial Performance
The company’s financial performance deteriorated significantly in FY26, with total income dropping to (₹77.62) lakh from ₹290.99 lakh in the previous year. Expenses for the year decreased to ₹118.57 lakh from ₹131.49 lakh. Profit before tax for the year was (₹196.19) lakh, compared to a profit of ₹159.50 lakh in FY25.
For the quarter ended March 31, 2026, the company reported a net loss of (₹295.27) lakh. Revenue from operations for the quarter was (₹287.20) lakh, while total expenses were ₹36.93 lakh. The basic and diluted earnings per share (EPS) for the year stood at (₹3.57), compared to ₹3.24 in the previous year.
Balance Sheet and Cash Flows
The company’s total assets as of March 31, 2026, stood at ₹2,109.62 lakh, a decrease from ₹2,347.96 lakh in the previous year. Equity and liabilities totaled ₹2,109.62 lakh, with other equity decreasing to ₹1,433.41 lakh from ₹1,673.88 lakh. Current liabilities increased to ₹158.88 lakh from ₹157 lakh.
Cash flow from operating activities resulted in a net outflow of (₹62.12) lakh for the year, compared to an inflow of ₹105.12 lakh in the previous year. Cash and cash equivalents at the end of the year were ₹19.93 lakh, up from ₹10.73 lakh in the prior year.
Key Financial Metrics for FY26
| Metric | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) |
|---|---|---|
| Revenue from operations | (142.80) | 166.30 |
| Total income | (77.62) | 290.99 |
| Total expenses | 118.57 | 131.49 |
| Profit for the year | (178.72) | 161.80 |
| Total comprehensive income | (240.47) | 77.25 |
| Basic EPS | (3.57) | 3.24 |
Auditor's Report
P. D. Randar & Co., Chartered Accountants, the statutory auditors, provided an unmodified opinion on the standalone financial results. The report confirmed that the results give a true and fair view of the company's net loss and other comprehensive income for the year ended March 31, 2026, in conformity with Indian Accounting Standards (Ind AS). The auditors noted that the figures for the quarter ended March 31, 2026, are balancing figures between the audited annual results and the published unaudited figures for the preceding three quarters.
Historical Stock Returns for Daulat Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.27% | -9.24% | -12.51% | -23.20% | -29.19% | +207.36% |
What strategic measures will Daulat Securities implement to reverse the negative revenue trend and restore profitability in FY27?
How will the company sustain its current cash reserves given the net outflow from operating activities and the significant drop in total income?
Will the deterioration in financial performance trigger any restructuring of the Board of Directors or senior management team?





























