DP Wires revenue falls 22.6% in FY26; sets AGM for September 30
- DP Wires revenue fell 22.6% YoY to ₹48,073.1 lakh in FY26
- Net profit declined 20.8% to ₹1,757.7 lakh; EPS at ₹11.34
- 28th AGM scheduled for September 30, 2026, in Ratlam
- Agenda includes adoption of accounts and reappointment of director
- Cost auditor remuneration set at ₹65,000 plus taxes for FY27
*this image is generated using AI for illustrative purposes only.
DP Wires Limited has scheduled its 28th annual general meeting for September 30, 2026, to approve the financial results for FY26. The board approved the notice and annual report on September 5, 2026.
The company reported a decline in revenue from operations to ₹48,073.06 lakh for the year ended March 31, 2026, down from ₹62,093.15 lakh in FY25. Profit after tax fell to ₹1,757.71 lakh compared to ₹2,220.49 lakh in the previous year. Earnings per share stood at ₹11.34, lower than ₹14.33 in FY25.
Key Agenda Items
The board outlined three primary items for discussion during the session:
- Adoption of audited financial statements for the financial year ended March 31, 2026.
- Reappointment of Mr. Arvind Kataria (DIN 00088771), who retires by rotation.
- Ratification of remuneration for cost auditors for FY27.
Director Reappointment
Mr. Arvind Kataria is eligible for reappointment as a director liable to retire by rotation. He holds a Bachelor's degree in Engineering and possesses expertise in marketing and finance.
As of March 31, 2026, Mr. Kataria holds 68,835 shares in the company. He has no directorships in other public companies.
Cost Auditor Remuneration
The board seeks ratification for the remuneration payable to M/s. M. P. Turakhia & Associates, Cost Accountants, Indore. The firm will conduct the audit of cost records for the financial year 2026-27.
The proposed remuneration is ₹65,000 plus applicable taxes and actual out-of-pocket expenses incurred in connection with the audit.
Financial Performance
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹48,073.06 lakh | ₹62,093.15 lakh | -22.6% |
| Profit After Tax | ₹1,757.71 lakh | ₹2,220.49 lakh | -20.8% |
| EPS | ₹11.34 | ₹14.33 | -21.0% |
The decline in turnover was accompanied by a reduction in employee benefits expense and finance costs. Finance costs decreased from ₹143.84 lakh in FY25 to ₹104.17 lakh in FY26.
E-Voting Details
The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate remote e-voting. CS Shweta Garg was appointed as the scrutinizer for the voting process.
| Voting Parameter | Details |
|---|---|
| Cut-off Date | September 25, 2026 |
| Start Date | September 27, 2026 at 9:00 am |
| End Date | September 29, 2026 at 5:00 pm |
Shareholders holding securities in demat mode can vote through their depository participants or directly via CDSL/NSDL portals. Physical shareholders must log on to the e-voting website using their folio number.
Historical Stock Returns for DP Wires
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.83% | -9.70% | +36.63% | +4.20% | -9.59% | +1.66% |
What strategic initiatives is DP Wires Limited planning to implement to reverse the 22.6% decline in revenue for FY27?
How does the reduction in finance costs impact the company's long-term debt management strategy and interest coverage ratios?
Will the reappointment of Mr. Arvind Kataria signal any shifts in corporate governance or strategic direction given his marketing and finance expertise?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
