DRS Dilip Roadlines Company Secretary resigns effective June 1

1 min read     Updated on 02 Jun 2026, 10:10 AM
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AI Summary

DRS Dilip Roadlines Limited announced the resignation of its Company Secretary, Mr. Siva Rama Krishna Tekulapalli, effective June 1, 2026. The resignation was submitted to pursue better career opportunities and confirmed there were no other material reasons.

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drs dilip roadlines announced the resignation of its Company Secretary, Mr. Siva Rama Krishna Tekulapalli, effective June 1, 2026. The resignation was submitted to pursue better career opportunities, and the official confirmed there were no other material reasons for the departure. The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The resignation was tendered with immediate effect via a letter dated June 1, 2026. Mr. Tekulapalli served as the Company Secretary and Key Managerial Personnel of the company. In his communication to the Board of Directors, he expressed gratitude for the support and cooperation extended by the Board, Managing Director, and Senior Management during his tenure.

Regulatory Disclosures

The company provided specific details regarding the change in Key Managerial Personnel as required under SEBI regulations. The information was also read in conjunction with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

S.No. Details of events Information
1. Name Mr. Siva Rama Krishna Tekulapatti
2. Reason for change Resignation to pursue better career opportunities
3. Date of cessation June 1, 2026
4. Brief Profile Not Applicable
5. Disclosure of relationships Not Applicable

The filing was signed by Anjani Kumar Agarwal, CEO & Managing Director of DRS Dilip Roadlines Limited.

Historical Stock Returns for DRS Dilip Roadlines

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+70.54%+18.15%+57.14%

Who will be appointed as the new Company Secretary, and how will their experience align with DRS Dilip Roadlines' strategic goals?

What impact will the resignation of a Key Managerial Personnel have on the company's upcoming regulatory filings and compliance timelines?

Will the departure of Mr. Tekulapalli lead to any changes in the company's governance structure or internal reporting mechanisms?

DRS Dilip Roadlines reports FY26 net profit of ₹610.03 lakh

2 min read     Updated on 01 Jun 2026, 09:12 PM
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DRS Dilip Roadlines reported a 1.5% rise in net profit to ₹610.03 lakh for FY26, supported by a marginal increase in revenue to ₹18,396.71 lakh. The Board approved the audited results, while cash and bank balances declined significantly to ₹810.60 lakh.

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drs dilip roadlines reported a net profit of ₹610.03 lakh for the financial year ended March 31, 2026, a slight increase from ₹601.04 lakh in the previous year. Revenue from operations grew to ₹18,396.71 lakh for FY26, up from ₹18,220.22 lakh in FY25. The company’s total income for the year stood at ₹18,966.43 lakh, compared to ₹18,696.14 lakh in the prior year.

The Board of Directors approved the audited financial results for the half year and financial year ended March 31, 2026, along with the financial statements. The meeting was held on May 30, 2026. M. Anandam & Co., Chartered Accountants, issued an unmodified opinion on the standalone audited financial results.

Financial Performance

For the year ended March 31, 2026, the company reported a profit before tax of ₹804.19 lakh, slightly lower than the ₹812.19 lakh recorded in the previous year. Total expenses for FY26 amounted to ₹18,162.24 lakh, an increase from ₹17,883.95 lakh in FY25. Finance costs rose to ₹59.85 lakh from ₹38.00 lakh in the prior year.

The basic and diluted earnings per share (EPS) for FY26 were reported at ₹4.05, compared to ₹3.99 in the previous year. The paid-up equity share capital remained unchanged at ₹1,506.24 lakh.

Assets and Liabilities

The statement of assets and liabilities as of March 31, 2026, showed total assets of ₹8,673.96 lakh, up from ₹7,759.87 lakh in the previous year. Shareholders' funds increased to ₹4,002.08 lakh, comprising share capital of ₹1,506.24 lakh and reserves and surplus of ₹2,495.84 lakh. Non-current investments saw a significant rise to ₹1,901.89 lakh from ₹525.65 lakh in FY25.

Current liabilities included short-term borrowings of ₹704.84 lakh, a substantial increase from ₹97.81 lakh in the previous year. Cash and bank balances decreased to ₹810.60 lakh from ₹2,846.08 lakh as of March 31, 2025.

Cash Flow Statement

Net cash flow from operating activities for FY26 was ₹276.36 lakh, a sharp decline from ₹2,249.30 lakh in the previous year. Cash generated from operations stood at ₹569.43 lakh compared to ₹2,362.49 lakh in FY25. The company reported a net decrease in cash and cash equivalents of ₹1,386.25 lakh for the year, bringing the closing balance to ₹107.14 lakh.

Financial Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 18,396.71 18,220.22
Total Income 18,966.43 18,696.14
Total Expenses 18,162.24 17,883.95
Profit for the Year 610.03 601.04
Basic EPS 4.05 3.99

The financial results were reviewed by the Audit Committee and approved by the Board. The statutory auditors carried out a limited review of the results. The company stated that the new Labour Codes, effective from November 21, 2025, are being evaluated, though no liability has been estimated for own employees.

Historical Stock Returns for DRS Dilip Roadlines

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+70.54%+18.15%+57.14%

What factors drove the substantial increase in non-current investments during FY26?

How does the company plan to manage the sharp rise in short-term borrowings given the decline in cash reserves?

What strategic initiatives will be implemented to reverse the significant drop in net cash flow from operating activities?

1 Year Returns:+18.15%