Dhanlaxmi Cotex Q1FY27 loss narrows to ₹51.99 lakhs on revenue surge
Dhanlaxmi Cotex Limited posted a net loss of ₹51.99 lakhs for Q1FY27, improving from ₹74.59 lakhs in Q1FY26, as revenue jumped to ₹584.17 lakhs. The Fabrics Trading segment contributed positively with a profit of ₹7.26 lakhs, offsetting losses in Shares Trading. The Board approved the financials and announced the 40th AGM for September 29, 2026.
*this image is generated using AI for illustrative purposes only.
Dhanlaxmi Cotex Limited reported a narrowed net loss of ₹51.99 lakhs for the quarter ended June 30, 2026, compared to a net loss of ₹74.59 lakhs in the corresponding period of the previous year. The improvement was driven by a significant surge in revenue from operations, which rose to ₹584.17 lakhs from ₹158.45 lakhs in Q1FY26, reflecting heightened activity in its trading segments. The Board of Directors approved the unaudited standalone financial results at their meeting held on August 11, 2026.
Financial Performance: Q1FY27 at a Glance
Total income for the quarter stood at ₹596.40 lakhs, up from ₹135.28 lakhs in Q1FY26. However, total expenses increased to ₹647.87 lakhs from ₹209.82 lakhs, primarily due to higher purchases of stock-in-trade (₹448.75 lakhs) and an increase in stock-in-trade value (₹138.84 lakhs). Depreciation and amortisation expenses also rose to ₹12.02 lakhs from ₹2.52 lakhs. Despite the revenue growth, the company reported a profit before tax loss of ₹51.47 lakhs. The basic and diluted earnings per share improved to ₹(0.11) from ₹(1.53) in the prior year quarter.
| Metric: | Q1FY27 (30-06-2026) Unaudited | Q4FY26 (31-03-2026) Audited | Q1FY26 (30-06-2025) Unaudited |
|---|---|---|---|
| Revenue from Operations: | 584.17 | 251.62 | 158.45 |
| Other Income: | 12.23 | 35.79 | -23.17 |
| Total Income: | 596.40 | 287.41 | 135.28 |
| Purchases of Stock-in-Trade: | 448.75 | 269.28 | 276.73 |
| Employee Benefits Expense: | 31.05 | 29.30 | 30.72 |
| Depreciation & Amortisation: | 12.02 | 11.22 | 2.52 |
| Other Operating Expenses: | 17.21 | 17.00 | 26.57 |
| Total Expenses: | 647.87 | 312.71 | 209.82 |
| Profit Before Tax: | -51.47 | -25.30 | -74.54 |
| Net Profit / (Loss): | -51.99 | -22.19 | -74.59 |
| Other Comprehensive Income/(Loss): | 756.69 | -494.86 | 500.13 |
| Total Comprehensive Income/(Loss): | 704.70 | -517.04 | 425.54 |
| Basic & Diluted EPS (₹): | (0.11) | (0.46) | (1.53) |
Segment-Wise Performance
Dhanlaxmi Cotex operates through two primary segments: Fabrics Trading and Shares Trading. The Fabrics Trading division returned to profitability, recording a segment result of ₹7.26 lakhs, compared to a loss of ₹5.36 lakhs in Q4FY26 and a profit of ₹108.99 lakhs in Q1FY26. Conversely, the Shares Trading division reported a loss of ₹70.96 lakhs, though this was a significant improvement from the loss of ₹160.37 lakhs in Q1FY26. Total net assets across all segments increased to ₹8,117.32 lakhs as of June 30, 2026, from ₹6,928.64 lakhs as of March 31, 2026.
| Segment: | Q1FY27 (30-06-2026) | Q4FY26 (31-03-2026) | Q1FY26 (30-06-2025) |
|---|---|---|---|
| Income from Fabrics Trading: | 445.64 | 217.56 | 118.77 |
| Income from Shares Trading: | 138.53 | 34.06 | 21.54 |
| Other Income: | 12.23 | 35.79 | -5.03 |
| Total Income: | 596.40 | 287.41 | 135.28 |
| Fabrics Division Result (PBT): | 7.26 | -5.36 | 108.99 |
| Shares Trading Division Result (PBT): | -70.96 | -55.72 | -160.37 |
| Other Income Result: | 12.23 | 35.79 | -23.17 |
| Total Segment Result: | -51.47 | -25.29 | -74.55 |
Board Decisions and 40th AGM
Alongside the financial results, the Board recommended the re-appointment of Mrs. Payal Ankur Bankda (DIN: 09483787) as a Director, who retires by rotation and is eligible for re-appointment. The Board also approved the notice for the company's 40th Annual General Meeting, scheduled for September 29, 2026, at 11:30 A.M. via VC/OAVM. The Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 29, 2026. M/s. Pankaj Trivedi & Co. (COP: 15301) has been appointed as the Scrutinizer for the e-voting process. The cut-off date for remote e-voting is September 22, 2026.
The unaudited financial results were reviewed by DAC & Co., Chartered Accountants (Firm Registration No.: 137035W), pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.
Historical Stock Returns for Dhanlaxmi Cotex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.97% | +10.24% | +27.64% | +40.84% | -11.01% | +1,021.88% |
How does the significant increase in stock-in-trade purchases impact Dhanlaxmi Cotex's working capital requirements and cash flow outlook for the remainder of FY27?
What specific strategies is the management implementing to stabilize the Shares Trading division, which continues to report substantial losses despite recent improvement?
Will the resurgence in the Fabrics Trading segment's profitability be sustainable given the sharp rise in operational expenses compared to revenue growth?
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