Dalmia Industrial Development Reports Mixed Q2 Results with Revenue Growth and Cash Flow Challenges

1 min read Updated on 15 Nov 2025, 10:14 AM

Reviewed by

Shriram ShekharScanX News Team

Overview

Dalmia Industrial Development Limited (DIDL) released Q2 FY2026 results, showing revenue growth but cash flow challenges. Net revenue reached Rs 368.90 crore with a net profit of Rs 15.92 crore. However, the company faced significant cash outflow from operations of Rs 974.31 crore, reducing cash and cash equivalents from Rs 204.18 crore to Rs 24.96 crore. Total assets stood at Rs 3,775.51 crore, with total equity at Rs 2,089.02 crore. Inventory levels increased to Rs 1,117.69 crore from Rs 539.81 crore at the end of the previous financial year.

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

Dalmia Industrial Development Limited (DIDL) has released its unaudited financial results for the quarter ended September 30, 2025, revealing a mixed performance with revenue growth accompanied by cash flow challenges.

Revenue and Profit

The company reported a significant increase in net revenue from operations, reaching Rs 368.90 crore for the quarter. This represents a substantial growth compared to the previous periods. The net profit after taxes stood at Rs 15.92 crore, indicating a positive bottom line for the company.

Financial Highlights

Particulars (in Rs. crore)	Q2 FY2026
Net Revenue from Operations	368.90
Net Profit After Taxes	15.92
Cash & Cash Equivalents	24.96

Cash Flow Concerns

Despite the revenue growth, DIDL faced significant cash flow challenges during the period. The company experienced a substantial cash outflow from operations amounting to Rs 974.31 crore. This led to a notable reduction in cash and cash equivalents, which decreased from Rs 204.18 crore to Rs 24.96 crore.

Balance Sheet Overview

As of September 30, 2025, Dalmia Industrial Development's balance sheet showed:

Total Assets: Rs 3,775.51 crore
Total Equity: Rs 2,089.02 crore
Current Liabilities: Rs 1,686.49 crore

The company's inventory levels increased to Rs 1,117.69 crore, up from Rs 539.81 crore at the end of the previous financial year.

Management Commentary

Raj Mohta, Managing Director of Dalmia Industrial Development Limited, signed off on the financial results. The company's board of directors approved these unaudited financial results in their meeting held on November 14, 2025.

Auditor's Review

Komandoor & Co. LLP, the company's statutory auditors, conducted a limited review of the unaudited financial results. They stated that nothing has come to their attention that causes them to believe that the financial statements are not prepared in accordance with applicable accounting standards and SEBI regulations.

The significant cash outflow despite revenue growth and the substantial increase in inventory levels may require close monitoring by investors and stakeholders in the coming quarters, as these factors could impact the company's working capital cycle and operational efficiency.

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