Dhanlaxmi Cotex Ltd (512485)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Dhanlaxmi Cotex's revenue was ₹5.8 Cr (+269.7% year on year, +131.8% on the previous quarter), and net profit ₹-0.5 Cr (a smaller loss than a year earlier); the operating margin was -8.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹5.8 | +269.7% | +131.8% |
| Operating profit | ₹-0.5 | loss widened | loss widened |
| Net profit | ₹-0.5 | loss narrowed | loss widened |
| EPS (₹) | -0.11 | loss narrowed | loss narrowed |
| Operating margin | -8.8% | — | — |
📢 Recent Corporate Announcements
Dhanlaxmi Cotex concluded its 40th Annual General Meeting (AGM) on September 29, 2026, passing all ordinary resolutions with 100% approval from voting members. Out of 48,71,350 total shares, 35,17,960 votes (72.22% turnout) were polled across remote e-voting and AGM proceedings, with zero against votes and zero invalid votes. The approved items include the adoption of FY26 standalone financial statements and the reappointment of retiring director Mrs. Payal Ankur Bankda. The announcement confirms standard corporate compliance without any unexpected changes.
- Total voter turnout of 72.22% with 35,17,960 valid votes cast out of 48,71,350 outstanding shares
- 100% of votes polled were cast in favour for both resolutions, with zero votes against
- Promoter group polled 33,42,668 shares (100% participation of their holding), while public non-institutional polled 1,75,292 shares (11.50% participation)
- Adopted standalone financial statements for FY26 and reappointed director Mrs. Payal Ankur Bankda
Dhanlaxmi Cotex Ltd has announced the schedule for its 40th Annual General Meeting (AGM), to be held on September 29, 2026, via video conferencing. The company has fixed September 22, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting. The register of members and share transfer books will remain closed from September 22 to September 29, 2026. This is a standard administrative filing for the Rs 66 Cr market cap company.
- 40th Annual General Meeting (AGM) to be held on September 29, 2026, at 11:30 AM
- Cut-off date for remote e-voting eligibility set for September 22, 2026
- Book closure period defined from September 22, 2026, to September 29, 2026
- Company reported TTM revenue of Rs 13 Cr against a market cap of Rs 66 Cr
Dhanlaxmi Cotex Ltd has announced its 40th Annual General Meeting (AGM) to be held on September 29, 2026, via video conferencing. The company has fixed a book closure period from September 22 to September 29, 2026, for the purpose of the meeting. Additionally, September 22, 2026, has been set as the cut-off date for determining shareholder eligibility for remote e-voting. This is a standard administrative filing for the Rs 66 crore market cap company.
- 40th Annual General Meeting (AGM) to be held on September 29, 2026, at 11:30 a.m.
- Book closure period spans 8 days from September 22, 2026, to September 29, 2026.
- Cut-off date for remote e-voting eligibility is fixed as September 22, 2026.
- Company reported a TTM revenue of Rs 13 crore, a significant decline from FY25 revenue of Rs 20.66 crore.
Dhanlaxmi Cotex reported a significant jump in Q1 FY27 revenue to Rs 5.84 Cr, up from Rs 1.58 Cr in the same quarter last year. Despite the 268% YoY revenue growth, the company posted a net loss of Rs 0.52 Cr, primarily due to a Rs 0.71 Cr loss in its share trading division. The core fabric trading segment showed growth, reaching Rs 4.46 Cr in revenue and a marginal profit of Rs 7.26 Lakhs. A substantial gain of Rs 7.57 Cr in Other Comprehensive Income (OCI) resulted in a Total Comprehensive Income of Rs 7.05 Cr, though this is non-operational.
- Revenue from operations increased 268% YoY to Rs 5.84 Cr compared to Rs 1.58 Cr in Q1 FY26.
- Net loss for the quarter narrowed to Rs 0.52 Cr from a loss of Rs 0.75 Cr in the previous year's corresponding quarter.
- The share trading division reported a loss of Rs 70.96 Lakhs at the PBT level, offsetting fabric trading gains.
- Other Comprehensive Income stood at Rs 7.57 Cr, likely reflecting mark-to-market gains on investment holdings.
- The company scheduled its 40th Annual General Meeting (AGM) for September 29, 2026.
Dhanlaxmi Cotex reported a sharp increase in Q1 FY27 revenue to ₹5.84 Cr, compared to ₹1.58 Cr in the same period last year. Despite the top-line growth, the company remains operationally unprofitable with a net loss of ₹0.52 Cr, though this is an improvement from the ₹0.75 Cr loss in Q1 FY26. The bottom line was significantly impacted by 'Other Comprehensive Income' of ₹7.57 Cr, resulting in a Total Comprehensive Income of ₹7.05 Cr for the quarter. The board has scheduled the 40th Annual General Meeting for September 29, 2026.
- Revenue from operations grew 269% YoY to ₹5.84 Cr from ₹1.58 Cr.
- Net loss for the quarter narrowed to ₹0.52 Cr from a loss of ₹0.75 Cr in Q1 FY26.
- Other Comprehensive Income of ₹7.57 Cr (likely investment revaluation) boosted total comprehensive income to ₹7.05 Cr.
- Fabrics Trading segment revenue increased to ₹4.46 Cr from ₹1.19 Cr YoY.
- Share Trading segment revenue rose to ₹1.39 Cr from ₹0.22 Cr YoY.
Dhanlaxmi Cotex Ltd has scheduled a board meeting for August 11, 2026, to approve the unaudited standalone financial results for the quarter ended June 30, 2026. The board will also finalize the notice and schedule for the company's 40th Annual General Meeting (AGM). Additionally, the re-appointment of Mrs. Payal Ankur Bankda as a director will be considered. This meeting follows a fiscal year (FY26) where revenue declined to ₹13.28 Cr from ₹20.66 Cr in FY25.
- Board meeting scheduled for August 11, 2026, at 03:00 P.M. at the Mumbai registered office
- Agenda includes approval of standalone financial results for the quarter ended June 30, 2026
- Board to approve the notice and calendar of events for the 40th Annual General Meeting
- Trading window remains closed from July 01, 2026, until 48 hours after the results announcement
- Proposal for re-appointment of Mrs. Payal Ankur Bankda as a Director
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