Danube Industries Diversifies into Tech Hardware with Refurbishment and Manufacturing Plans

1 min read     Updated on 24 Nov 2025, 02:58 PM
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Overview

Danube Industries Limited announces expansion into the technology hardware sector. The company plans to enter the refurbishment business for copiers, laptops, and desktops under the DANUBE brand, acquiring a 5,474 sq. ft. rental space in Gujarat. Additionally, Danube intends to set up manufacturing operations for laptops and desktops in Sachana, Gujarat. The company's latest balance sheet shows significant growth in total assets (82.47%) and total equity (109.15%) over the past year, potentially preparing for this expansion.

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*this image is generated using AI for illustrative purposes only.

Danube Industries Limited , a company listed on the Indian stock exchange, has announced a significant expansion into the technology hardware sector. This move marks a strategic shift for the company, diversifying its product portfolio and potentially opening up new revenue streams.

Key Developments

Refurbishment Business

  • Danube Industries plans to enter the refurbishment business for copiers, laptops, and desktops.
  • Products will be marketed under the company's own brand name, DANUBE.
  • A 5,474 sq. ft. rental space has been acquired at Radhe Kishan Business Park, Gujarat, for this purpose.

Manufacturing Plans

  • The company intends to set up manufacturing operations for laptops and desktops.
  • The proposed facility is planned to be located in Sachana, Taluko Viramgam, Gujarat.
  • Danube Industries is currently in the initial stages, working on infrastructure planning, procurement arrangements, and regulatory formalities.

Financial Implications

While the full financial impact of these initiatives remains to be seen, Danube Industries' latest balance sheet data shows some interesting trends:

Financial Metric Current Year 1 Year Ago Change
Total Assets ₹63.50 cr ₹34.80 cr 82.47%
Current Assets ₹58.50 cr ₹32.20 cr 81.68%
Fixed Assets ₹1.00 cr ₹0.80 cr 25.00%
Total Equity ₹34.30 cr ₹16.40 cr 109.15%

The significant increase in total assets and equity over the past year suggests that Danube Industries has been strengthening its financial position, potentially in preparation for this expansion.

Strategic Implications

This move into the technology hardware sector represents a significant diversification for Danube Industries. By entering both the refurbishment and manufacturing segments, the company is positioning itself to capture different market segments within the tech hardware industry.

The refurbishment business could potentially offer a quicker route to market, leveraging existing products and adding value through quality enhancement. On the other hand, the manufacturing initiative, while likely requiring more time and investment to set up, could provide greater control over product quality and features in the long term.

As the tech hardware market continues to grow, particularly in emerging economies like India, Danube Industries' strategic shift could open up substantial growth opportunities. However, the company will need to navigate challenges such as intense competition, rapidly changing technology, and potential supply chain complexities.

Investors and market watchers will likely keep a close eye on how these new ventures impact Danube Industries' financial performance in the coming quarters and years.

Historical Stock Returns for Danube Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.29%+18.07%+29.41%+39.83%+33.60%+258.70%
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Danube Industries Reports Q1 Profit Decline, Appoints New Auditors

2 min read     Updated on 08 Aug 2025, 08:20 PM
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Reviewed by
Radhika SScanX News Team
Overview

Danube Industries Limited reported a net profit of Rs 29.68 lacs for Q1 FY2025-26, down from Rs 59.68 lacs in the previous quarter but up from Rs 22.06 lacs year-over-year. Revenue from operations decreased to Rs 2,555.03 lacs, a 31.4% quarter-on-quarter decline. The company appointed M/s Krushang Shah & Associates as Secretarial Auditor for five years and M/s R R Thakkar & Co as Internal Auditor for FY 2025-26.

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*this image is generated using AI for illustrative purposes only.

Danube Industries Limited, a company listed on the Bombay Stock Exchange (BSE), has reported its financial results for the quarter ended June 30, 2025, along with key appointments in its auditing team. The company's board of directors approved these results and appointments in a meeting held on August 8, 2025.

Financial Performance

Danube Industries witnessed a decline in its net profit for the quarter ended June 30, 2025. The company reported a net profit of Rs 29.68 lacs, down from Rs 59.68 lacs in the preceding quarter ended March 31, 2025. However, this figure represents an increase compared to the Rs 22.06 lacs reported in the same quarter of the previous year.

The company's revenue from operations also saw a decrease, dropping to Rs 2,555.03 lacs from Rs 3,724.05 lacs in the previous quarter. This represents a quarter-on-quarter decline of approximately 31.4%.

Key Financial Metrics

Particulars Q1 FY2025-26 (Rs in lacs) Q4 FY2024-25 (Rs in lacs) Q1 FY2024-25 (Rs in lacs)
Revenue from Operations 2,555.03 3,724.05 1,951.14
Total Income 2,555.45 3,724.13 1,951.19
Total Expenses 2,515.34 3,643.70 1,921.38
Profit Before Tax 40.11 80.43 29.81
Net Profit 29.68 59.68 22.06
Basic EPS (Rs) 0.03 0.07 0.04

Appointment of Auditors

Danube Industries has made two significant appointments to strengthen its corporate governance:

  1. Secretarial Auditor: M/s Krushang Shah & Associates, Practicing Company Secretaries, have been appointed for a period of five consecutive years, from FY 2025-26 to FY 2029-30. This appointment is subject to approval by the company's members in a general meeting.

  2. Internal Auditor: M/s R R Thakkar & Co, Chartered Accountants (FRN: 156381W), have been appointed for FY 2025-26 to conduct the company's internal audit.

Company Profile

Danube Industries Limited is registered with its office at A-2101, Privilon, B/h Iscon Temple, Ambli-Bopal Road, S.G. Highway, Ahmedabad - 380054, Gujarat, India. The company's paid-up equity share capital stands at Rs 1,819.80 lacs, with a face value of Rs 2.00 per share.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 8, 2025. The meeting commenced at 04:30 P.M. and concluded at 05:20 P.M.

Investors and stakeholders should note that these financial results are unaudited and subject to limited review by the company's statutory auditors as per SEBI regulations.

Historical Stock Returns for Danube Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.29%+18.07%+29.41%+39.83%+33.60%+258.70%
Danube Industries
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