Promoter confirms no share encumbrances in FY26

1 min read     Updated on 10 Jun 2026, 06:31 AM
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Promoter Rekha Bhagat confirmed that the promoter group of Destiny Logistics & Infra Limited did not create any encumbrances on shares during FY26. The declaration was submitted to the National Stock Exchange under Regulation 31(4) of SEBI Takeover Regulations.

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Promoter Rekha Bhagat has confirmed that the promoter group of Destiny Logistics & Infra Limited did not create any encumbrances on shares during the financial year ended March 31, 2026. The declaration, submitted to the National Stock Exchange of India Limited, covers shares held directly or indirectly by the promoters and persons acting in concert (PAC).

The confirmation was provided pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Bhagat stated that neither she nor other members of the promoter group or PAC pledged or encumbered their shareholdings throughout FY26.

The disclosure was addressed to the Manager of the Listing Department at the National Stock Exchange. A copy of the declaration was also marked to the Audit Committee of Destiny Logistics & Infra Limited.

Key Details of the Disclosure

Aspect Details
Regulation Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year FY26 (ended March 31, 2026)
Declarant Rekha Bhagat, Promoter
Scope Promoter & Promoter Group including Persons Acting in Concert (PAC)
Status of Encumbrance No encumbrances made directly or indirectly

The confirmation ensures compliance with regulatory requirements regarding the disclosure of share encumbrances by promoters.

Historical Stock Returns for Destiny Logistics - RE

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-6.86%+22.50%+437.56%

Will the absence of share encumbrances improve the company's credit rating or borrowing costs in the upcoming fiscal year?

Does this clean shareholding structure position Destiny Logistics for potential capital raising or M&A activity in FY27?

How might this declaration influence investor confidence and stock liquidity given the broader market trend of promoter pledging?

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Destiny Logistics reports FY26 net profit rise

2 min read     Updated on 31 May 2026, 10:06 AM
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Destiny Logistics & Infra Limited reported a net profit of ₹339.69 lakh for FY26, up from ₹262.14 lakh in FY25, with revenue rising to ₹8,195.84 lakh. The Board approved the audited results on May 30, 2026, following the adoption of Ind AS. The Construction segment drove revenue, while total assets decreased to ₹9,365.38 lakh.

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Destiny Logistics & Infra Limited reported a net profit of ₹339.69 lakh for the year ended March 31, 2026, an increase from ₹262.14 lakh in the previous year. Revenue from operations rose to ₹8,195.84 lakh from ₹6,806.14 lakh in FY25. The company’s total income for the year stood at ₹8,195.84 lakh, up from ₹6,817.35 lakh in the prior year.

The Board of Directors approved the audited standalone financial results for the half year and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, Bijan Ghosh & Associates, issued an unmodified audit opinion on the results. The company adopted Indian Accounting Standards (Ind AS) with effect from April 1, 2025, and the comparative figures have been restated accordingly.

Financial Performance

For the full year, the company reported a profit before tax of ₹420.21 lakh, compared to ₹363.20 lakh in the previous year. Total expenses for the year increased to ₹7,775.63 lakh from ₹6,454.15 lakh in FY25. The basic and diluted earnings per share (EPS) for the year stood at ₹2.12, compared to ₹1.70 in the previous year.

Particulars Year ended March 31, 2026 (₹ in lakhs) Year ended March 31, 2025 (₹ in lakhs)
Income
Revenue from Operations 7,920.47 6,806.14
Other Income 275.37 11.21
Total Income 8,195.84 6,817.35
Expenses
Purchases of Stock-in-trade 5,909.53 5,095.37
Employee Benefits Expenses 90.79 77.71
Finance Cost 160.77 149.26
Depreciation and Amortization 24.93 14.80
Other Expenses 1,786.30 1,308.07
Total Expenses 7,775.63 6,454.15
Profit/Loss
Profit Before Tax 420.21 363.20
Net Profit for the period 339.69 262.14

Segment Reporting

Revenue from the Construction segment was the primary driver, contributing ₹5,583.25 lakh for the year, while the Transport segment contributed ₹2,337.22 lakh. The Construction segment also reported a higher profit before tax and unallocable expenditure compared to the Transport segment.

Segment Revenue (₹ in lakhs) Profit Before Tax (₹ in lakhs)
Transport 2,337.22 705.53
Construction 5,583.25 255.13
Total 7,920.47 960.66

Financial Position

The company’s total assets as of March 31, 2026, stood at ₹9,365.38 lakh, a decrease from ₹10,317.02 lakh in the previous year. Equity share capital increased to ₹2,136.85 lakh from ₹1,538.80 lakh, following the issue of equity shares and share warrants during the year. Total equity and liabilities were reported at ₹9,365.38 lakh.

Historical Stock Returns for Destiny Logistics - RE

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%-6.86%+22.50%+437.56%

How will the recent increase in equity share capital and share warrants be allocated to fund future expansion?

What is the company's strategic outlook for the Construction segment given its revenue dominance but lower profit before tax compared to Transport?

Will the adoption of Indian Accounting Standards (Ind AS) significantly impact future financial reporting or tax liabilities?

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1 Year Returns:+22.50%