DHP India FY26 profit falls 83.4% to ₹110.57 crore

2 min read     Updated on 01 Jun 2026, 06:22 PM
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DHP India reported an 83.4% decline in FY26 net profit to ₹110.57 crore, primarily due to a ₹1,114.28 crore loss from mutual fund and ETF valuations. Revenue from operations increased 25.3% to ₹723.76 crore. The board recommended a final dividend of ₹4 per share.

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DHP India reported a significant decline in financial performance for the year ended March 31, 2026, with net profit falling 83.4% to ₹110.57 crore. The drop from ₹665.34 crore in the previous year was driven by a net loss of ₹1,114.28 crore recognized under other comprehensive income, specifically due to the valuation of mutual fund and ETF investments. Despite the profitability squeeze, revenue from operations grew 25.3% to ₹723.76 crore for the fiscal year.

For the fourth quarter ended March 31, 2026, the company recorded a profit after tax of ₹40.97 crore, a sharp decrease from ₹647.47 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹251.66 crore from ₹196.74 crore a year ago. The board, meeting on May 30, 2026, approved the audited financial results and recommended a final equity dividend of ₹4 per share, or 40% of the paid-up share capital, pending approval at the upcoming Annual General Meeting.

The statutory auditors, M/s. NKSJ & Associates, provided an unmodified opinion on the financial results. The company's balance sheet reflects total assets of ₹2,492.86 crore, with a net worth of ₹2,367.99 crore as of March 31, 2026. Cash and cash equivalents decreased significantly to ₹4.58 crore from ₹1,845.09 crore at the end of the previous year, largely due to net cash used in investing activities amounting to ₹1,951.30 crore.

Financial Results for FY26

The following table summarizes the key financial metrics for DHP India for the current and previous financial years (Amount in ₹ Lakhs):

Particulars Year Ended 31/03/2026 (Audited) Year Ended 31/03/2025 (Audited)
Revenue from Operations (net of GST) 7,237.61 5,777.34
Total Income 7,593.24 13,185.59
Total Expenses 6,069.90 5,297.27
Profit for the Period Before Tax 1,523.34 7,888.32
Profit for the Period After Tax 1,105.73 6,653.43
Earnings Per Share (Basic) 36.86 221.78

Related Party Transactions

The board also disclosed related party transactions for the second half and annual year ended March 31, 2026. Key managerial personnel (KMP) remuneration accounted for the majority of these transactions. Asheesh Dabriwal, Managing Director, received a total salary and bonus of ₹1.34 crore for the year, while Janak Bhardwaj, Executive Director, received ₹46.37 lakh. Ashok Kumar Singh, Chief Financial Officer, was paid ₹46.88 lakh. The company also paid ₹1.50 lakh as office rent to Dabriwala Constructions Private Limited, an enterprise where KMP have substantial interest.

Historical Stock Returns for DHP India

1 Day5 Days1 Month6 Months1 Year5 Years
-2.68%0.0%-5.03%-9.94%-23.27%-7.61%

What is the company's strategy to rebuild its cash reserves given the drastic depletion to ₹4.58 crore?

Will DHP India adjust its investment portfolio allocation to mitigate future volatility in other comprehensive income?

How will the reduced liquidity impact the company's ability to sustain the recommended dividend payout in the coming fiscal year?

DHP India fixes September 14 record date for ₹4 dividend

1 min read     Updated on 30 May 2026, 02:55 PM
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DHP India Limited has fixed September 14, 2026, as the record date for a ₹4 per share final dividend for FY26, subject to shareholder approval. The 35th AGM is scheduled for September 21, 2026, in Kolkata, with e-voting available from September 18 to 20.

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DHP India Limited has fixed September 14, 2026 as the record date to determine shareholder eligibility for a final dividend of ₹4 per equity share for the financial year ended March 31, 2026. The dividend, representing 40% of the paid-up equity share capital, is subject to shareholder approval at the upcoming Annual General Meeting. The Board of Directors approved the recommendation during a meeting held on May 30, 2026.

To determine eligibility for the dividend and attendance at the AGM, the company will close its share transfer books from September 15, 2026 to September 21, 2026. Shareholders whose names appear in the register of members or the beneficial owner list as of the close of business on the record date will be entitled to receive the dividend. The company has engaged M/s. Niche Technologies Pvt. Ltd. as its Share Transfer Registrar.

The company has scheduled its 35th Annual General Meeting for September 21, 2026 at 11.00 A.M. at Y.W.C.A. Galloway House, 1 Middleton Row, Kolkata. The agenda includes the adoption of standalone audited financial statements for FY26, the approval of the dividend, and the re-appointment of Sri Janak Bhardwaj as a director liable to retire by rotation.

DHP India Limited has provided a remote e-voting facility through Central Depository Services (India) Limited (CDSL). The e-voting period commences on September 18, 2026 at 9:00 A.M. and concludes on September 20, 2026 at 5:00 P.M. The facility is available to members holding shares in either physical or dematerialized form as of the record date. Mr. Sushil Tiwari, Practicing Company Secretary, has been appointed as the Scrutinizer for the voting process.

Key AGM Details

Event Date Time Venue
35th AGM September 21, 2026 11:00 A.M. Y.W.C.A. Galloway House, Kolkata
Book Closure September 15, 2026 to September 21, 2026 - -
Record Date September 14, 2026 - -
E-voting Start September 18, 2026 9:00 A.M. -
E-voting End September 20, 2026 5:00 P.M. -

The company noted that if the final dividend is approved at the AGM, payment will be made within 30 days from the date of declaration. DHP India Limited's equity shares are listed on BSE Limited with a security code of 531306.

Historical Stock Returns for DHP India

1 Day5 Days1 Month6 Months1 Year5 Years
-2.68%0.0%-5.03%-9.94%-23.27%-7.61%

How will the payout of this 40% dividend impact DHP India's capital allocation plans for FY27?

What are the growth drivers expected to support future dividend declarations beyond the financial year 2026?

Will the re-appointment of Sri Janak Bhardwaj signal a continuation of the current strategic direction for the company?

More News on DHP India

1 Year Returns:-23.27%