DCM Limited reports consolidated net loss of ₹289 lakh in FY26

DCM Limited reported a consolidated net loss of ₹289 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹2,192 lakh recorded in the previous 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 28, 2026. The statutory auditors, M/s S S Kothari Mehta & Co. LLP, issued an unmodified opinion on the results.

On a standalone basis, the company reported a net loss of ₹580 lakh for FY26, compared to a net profit of ₹152 lakh in FY25. Revenue from operations for the standalone entity stood at ₹23 lakh for the year, down from ₹27 lakh in the previous year. The company's financial performance was impacted by ongoing industrial unrest at its Engineering Division and a legal dispute regarding a Joint Development Agreement (JDA) for its land in Hisar.

Financial Performance

The consolidated figures reflect the performance of the group, including its subsidiaries and joint ventures. Total income for the group decreased to ₹7,569 lakh in FY26 from ₹7,664 lakh in the previous year. The IT Services segment remained the primary revenue driver, contributing ₹7,155 lakh to the total revenue from operations.

Metric	FY26 (₹ in lakh)	FY25 (₹ in lakh)
Consolidated Net Profit/(Loss)	(289)	2,192
Consolidated Total Income	7,569	7,664
Standalone Net Profit/(Loss)	(580)	152
Standalone Total Income	537	1,376

Key Disclosures and Auditor's Report

The auditors highlighted a material uncertainty regarding the company's ability to continue as a going concern. This stems from a current liability exceeding current assets by ₹259 lakh in the consolidated financial statements, primarily due to an advance of ₹5,000 lakh received under the JDA, which is currently shown as a liability pending the outcome of arbitration proceedings. The company believes that liquidity infusion from real estate operations and restructuring plans will allow it to continue operations.

Additionally, the auditors drew attention to the lockout at the Engineering Division, which has been in effect since October 22, 2019. The company has not made any provision for wages for the lockout period, aggregating to ₹7,964 lakh, based on legal advice that the lockout is justified. The matter remains sub-judice.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.19%	+4.92%	+20.67%	+8.32%	-2.26%	+146.05%

DCM Limited has announced the appointment of Maj. Gen. Shailendra Singh, SM (Retd.) as Additional Director (Independent & Non-executive) of the company, effective May 12, 2026. The appointment, approved by the Board of Directors through a circular resolution passed on May 12, 2026, follows the recommendation of the Nomination & Remuneration Committee and is subject to the approval of the company's shareholders.

Appointment Details

The key details of the appointment are summarised below:

Parameter:	Details
Name:	Maj. Gen. Shailendra Singh, SM (Retd.)
DIN:	11707781
Designation:	Additional Director (Non-Executive & Independent)
Date of Appointment:	May 12, 2026
Tenure:	5 (Five) consecutive years
Term Period:	May 12, 2026 to May 11, 2031
Subject To:	Approval of the shareholders of the Company

The company has confirmed, in accordance with circulars issued by BSE and NSE dated June 20, 2018, that Maj. Gen. Shailendra Singh, SM (Retd.) is not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other such authority.

Profile of the Appointee

Maj. Gen. Shailendra Singh, SM (Retd.) is an alumnus of Mayo College, Ajmer. After graduating from Delhi University, he joined the Indian Military Academy, Dehradun in July 1988 and was commissioned into 6th Battalion The Rajputana Rifles in December 1989. He brings an illustrious military career spanning 36 years, with rich experience across the following domains:

Counter Terrorism
Disaster Management
Operational and Logistics Planning
Border Management
Defence Resource Management

Academic and Professional Credentials

Maj. Gen. Shailendra Singh holds three Master's Degrees, having attended several prestigious institutions during his military career. His academic qualifications are detailed below:

Degree / Programme:	Institution	Year
M.A. in Defence & Strategic Studies:	Defence Services Staff College, Wellington	2002
M.A. in Management Studies:	College of Defence Management (Higher Defence Management Course)	2011
M.A. in Philosophy:	Indian Institute of Public Administration (Advanced Professional Programme in Public Administration)	2020
Master's Diploma in Public Administration:	Indian Institute of Public Administration	—

He was awarded the Sena Medal for Gallantry in 2006 while posted in Jammu & Kashmir. He has also successfully qualified the Independent Director's self-assessment tests for inclusion in the databank of the Indian Institute of Corporate Affairs, vide IDDB-NR-202501-069019, following the Independent Director's Programme at IIM, Mumbai. He superannuated from the Indian Army on 31 July 2025 after a crucial stint in Jammu & Kashmir, including post Operation SINDOOR, and is currently settled in Gurgaon.

The company has disclosed that there are no relationships between Maj. Gen. Shailendra Singh, SM (Retd.) and other directors of the company. The intimation has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.