Dhoot Industrial Finance Ltd (526971)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Dhoot Industrial's revenue was ₹4.2 Cr (+19.8% year on year, +65.5% on the previous quarter), and net profit ₹4.2 Cr (against a loss a year earlier); the operating margin was 2.4%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹4.2 | +19.8% | +65.5% |
| Operating profit | ₹0.1 | from loss | from loss |
| Net profit | ₹4.2 | from loss | -14.4% |
| EPS (₹) | 6.58 | from loss | -14.4% |
| Operating margin | 2.4% | — | — |
📢 Recent Corporate Announcements
Dhoot Industrial Finance Limited has received shareholder approval on August 20, 2026, for the appointment of Ms. Priyanka Munjal Kothari as a Non-Executive Independent Director. Her tenure spans 5 consecutive years from May 20, 2026, to May 19, 2031. Ms. Kothari brings over a decade of operational and strategic leadership experience managing cold storage and manufacturing operations since July 2014.
- Shareholder approval granted on August 20, 2026
- Appointed for a 5-year term from May 20, 2026 to May 19, 2031
- Over 10 years of experience managing cold storage business since July 2014
- Confirmed eligible and non-debarred under SEBI and Companies Act provisions
Dhoot Industrial Finance Ltd has announced that its members have approved the appointment of Ms. Priyanka Munjal Kothari as a Non-Executive Independent Director. The appointment is for a term of 5 consecutive years, effective from May 20, 2026, to May 19, 2031. Ms. Kothari brings over a decade of operational and strategic experience in the manufacturing and cold storage sectors. The appointment complies with SEBI LODR criteria and does not involve any relation to existing directors.
- Appointment of Ms. Priyanka Munjal Kothari approved for a 5-year term from May 20, 2026, to May 19, 2031
- Shareholder approval granted on August 20, 2026
- Appointee brings over 10 years of experience managing cold storage and manufacturing operations since July 2014
- Director is independent, not liable to retire by rotation, and unrelated to existing board members
Dhoot Industrial Finance Limited announced the dispatch of letters containing web links to its FY 2025-26 Annual Report for shareholders without registered email addresses. The company's 48th Annual General Meeting (AGM) is scheduled to be held on September 10, 2026, at 2:30 PM IST via Other Audio Visual Means (OAVM). The dispatch was based on shareholder records as of the cut-off date of July 31, 2026.
- 48th Annual General Meeting scheduled for Thursday, September 10, 2026, at 2:30 PM IST via OAVM.
- Web link to FY 2025-26 Annual Report dispatched to shareholders with unregistered emails.
- Cut-off date for determining dispatch of physical letters was July 31, 2026.
- Reminded physical shareholders to update KYC details in compliance with SEBI circulars.
Dhoot Industrial Finance has fixed September 03, 2026, as the record date to determine shareholder eligibility for the final dividend of FY 2025-26. The company's register of members will remain closed from September 04 to September 10, 2026, for the purpose of the 48th Annual General Meeting (AGM). While the specific dividend amount is not disclosed in this filing, the company reported a net profit of ‡18 Cr for FY26. This administrative step is routine for companies finalizing their annual accounts and shareholder payouts.
- Record date for dividend eligibility fixed for September 03, 2026
- Book closure period scheduled from September 04 to September 10, 2026
- Purpose includes the 48th Annual General Meeting and Final Dividend for FY 2025-26
- Company reported FY26 revenue of ‡41.0 Cr and PAT of ‡18.0 Cr
Dhoot Industrial Finance has released its FY2025-26 Annual Report and scheduled its 48th Annual General Meeting for September 10, 2026. The Board has recommended a final dividend of 15% (Rs 1.50 per share), with the record date set for September 03, 2026. The company is in a strategic transition toward becoming a Type I-NBFC-ND, leveraging its substantial net worth of Rs 435 Cr. Despite a volatile revenue profile (FY26 revenue of Rs 41 Cr vs TTM of Rs 13 Cr), the company remains debt-free.
- Recommended a final dividend of 15% equivalent to Rs 1.50 per equity share of Rs 10 face value
- Record date for determining dividend eligibility is fixed as September 03, 2026
- 48th Annual General Meeting (AGM) to be held on September 10, 2026, at 02:30 P.M.
- Company reported a net profit of Rs 18.0 Cr for FY26 on a revenue of Rs 41.0 Cr
- Maintains a zero-debt balance sheet with a total net worth of Rs 435 Cr as of March 2026
Dhoot Industrial Finance has issued a notice for its 48th Annual General Meeting (AGM) to be held on September 10, 2026. The board has recommended a final dividend of 15% (Rs 1.50 per share) for FY26, which at the current price of Rs 298.7 represents a yield of approximately 0.5%. Despite a sharp decline in trading revenue to Rs 13 Cr (TTM), the company maintained a PAT of Rs 18 Cr, likely driven by investment income. Shareholders will also vote on the re-appointment of Mr. Rajgopal Ramdayal Dhoot, an 81-year-old director associated with the company for 40 years.
- Proposed final dividend of 15% amounting to Rs 1.50 per equity share of Rs 10 face value.
- 48th AGM scheduled for September 10, 2026, at 02:30 P.M. via Audio Visual Means.
- Re-appointment of Mr. Rajgopal Ramdayal Dhoot (81 years old) who holds 19,934 shares (0.32%).
- Company reported a Net Worth of Rs 435 Cr against a Market Cap of Rs 189 Cr, indicating a P/B of 0.4.
- Remote e-voting period and record date details to be finalized per standard AGM procedures.
Dhoot Industrial Finance reported a massive surge in net profit to Rs 51.24 Cr for Q1 FY27, compared to Rs 13.49 Cr in the same quarter last year. This performance was almost entirely driven by the financial segment, with realized gains on investments contributing Rs 45.51 Cr and fair value gains adding Rs 25.60 Cr. Total revenue from operations reached Rs 72.25 Cr, while the core trading business remained marginal at Rs 1.50 Cr. The company's quarterly EPS of Rs 81.10 is exceptionally high relative to its current share price of Rs 262.2.
- Net Profit increased by 280% YoY to Rs 51.24 Cr from Rs 13.49 Cr in the year-ago period.
- Total Revenue from Operations rose 135% YoY to Rs 72.25 Cr, driven by Rs 71.11 Cr in combined investment gains.
- Basic EPS for the quarter stood at Rs 81.10, compared to Rs 21.35 in Q1 FY26.
- Financial Activity segment assets reached Rs 552.53 Cr, representing over 98% of total company assets.
- Trading Activity segment reported a loss of Rs 10.62 lakhs at the PBIT level.
Dhoot Industrial Finance reported a massive surge in Q1 FY27 performance, with total revenue reaching Rs 72.25 Cr compared to Rs 30.78 Cr in Q1 FY26. Net profit jumped 280% YoY to Rs 51.24 Cr, primarily driven by a Rs 45.51 Cr gain on the sale of investments and Rs 25.60 Cr in fair value gains. The financial activity segment now contributes 98% of total revenue, while the core trading segment reported a small loss of Rs 10.62 lakhs. The quarterly EPS of Rs 81.10 is exceptionally high compared to the previous TTM EPS of Rs 28.45.
- Net Profit surged to Rs 51.24 Cr in Q1 FY27, a 280% increase from Rs 13.49 Cr in Q1 FY26
- Total Revenue from operations grew 135% YoY to Rs 72.25 Cr
- Gain on sale of investments not held for trading contributed Rs 45.51 Cr to the bottom line
- Financial Activity segment revenue dominated at Rs 70.75 Cr, while Trading Activity revenue fell to Rs 1.50 Cr
- Basic EPS for the quarter reached Rs 81.10, significantly exceeding the full-year FY26 EPS of Rs 28.47
Dhoot Industrial Finance Ltd has announced that Mrs. Pallavi Parikh (DIN: 00107779) ceased to be an Independent Director effective August 10, 2026. This cessation is due to the completion of her second term, a standard regulatory requirement under SEBI LODR. The company, which has a market capitalization of ₹170 Cr and a substantial net worth of ₹435 Cr, is currently transitioning its business model toward becoming a Type I-NBFC-ND. This board change is a routine administrative event and does not reflect any internal conflict or operational shift.
- Cessation of Mrs. Pallavi Parikh effective after business hours on August 10, 2026
- Change triggered by the completion of her second consecutive term as an Independent Director
- Company maintains a high Net Worth of ₹435 Cr compared to its ₹170 Cr Market Cap
- TTM Revenue stands at ₹13 Cr with a TTM PAT of ₹18 Cr, largely driven by non-operating income
Mrs. Pallavi Parikh (DIN: 00107779) has ceased to be an Independent Director of Dhoot Industrial Finance Ltd effective August 10, 2026. The cessation is due to the completion of her second term, a standard regulatory requirement for independent directors. This is a routine administrative change for the company, which currently has a market capitalization of Rs 170 Cr and a net worth of Rs 435 Cr. The board will need to ensure continued compliance with SEBI composition requirements following this exit.
- Cessation effective after close of business hours on August 10, 2026
- Completion of the second term as an Independent Director as per SEBI regulations
- Company maintains a debt-free status with Rs 0 Cr debt as per latest financial context
- Net worth of the company stands at Rs 435 Cr relative to a market cap of Rs 170 Cr
Dhoot Industrial Finance has scheduled a board meeting on August 11, 2026, to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company reported a net profit of ₹18.0 Cr on revenue of ₹41.0 Cr. The company is currently in a strategic transition toward becoming a Type I-NBFC-ND, making these quarterly updates critical for tracking non-trading income performance. The trading window for insiders remains closed until August 13, 2026.
- Board meeting scheduled for August 11, 2026, to review Q1 FY27 results.
- Financial results pertain to the quarter ended June 30, 2026.
- Trading window for designated persons closed from July 1, 2026, to August 13, 2026.
- Company reported a TTM PAT of ₹18 Cr against a market cap of ₹154 Cr.
Dhoot Industrial Finance has scheduled an Extra Ordinary General Meeting (EOGM) for August 20, 2026, to be conducted virtually. The company has fixed August 13, 2026, as the cut-off date to determine shareholder eligibility for voting on proposed resolutions. While the specific agenda was not disclosed in this intimation, the company is currently undergoing a strategic transition toward becoming a regulated NBFC. This procedural filing is a necessary step for shareholder approval of upcoming corporate actions.
- Extra Ordinary General Meeting (EOGM) scheduled for August 20, 2026, at 02:30 P.M.
- Cut-off date for determining voting eligibility is August 13, 2026.
- Meeting to be held via Other Audio Visual Means (OAVM) in compliance with MCA circulars.
- Company maintains a significant net worth of ₹435 Cr relative to its ₹144 Cr market cap.
Dhoot Industrial Finance has issued a notice for an Extraordinary General Meeting (EGM) to be held on August 20, 2026. The primary agenda is to seek shareholder approval for the appointment of Ms. Priyanka Munjal Kothari as a Non-Executive Independent Director. She was previously inducted as an Additional Director on May 20, 2026, and the proposed term is for five years. This appointment is part of the company's ongoing governance requirements as it transitions its business model toward becoming a regulated NBFC.
- Extraordinary General Meeting (EGM) scheduled for August 20, 2026, via audio-visual means.
- Proposed appointment of Ms. Priyanka Munjal Kothari as Independent Director for a 5-year term until May 19, 2031.
- The appointee brings over 10 years of experience in strategic leadership and the manufacturing industry.
- The company maintains a strong net worth of ₹435 Cr despite a small market cap of ₹144 Cr.
- Remote e-voting period is set to occur prior to the meeting as per statutory requirements.
Financial Performance
Revenue Growth by Segment
Total income decreased by 73.07% YoY, falling from INR 21,884.93 Lakhs to INR 5,892.52 Lakhs. The company operates primarily in Trading (chemicals, electronics, paper, commodities, shares) and Power Generation.
Profitability Margins
Net Profit Margin decreased to 167.68% from 454.48% due to a sharp decline in net profit. Return on Net Worth dropped significantly from 35.92% to 4.13% following the reduction in earnings.
EBITDA Margin
Core profitability was impacted as the Interest Coverage Ratio fell from 29.37% to 4.91%, reflecting a substantial decrease in profit during the year.
Operational Drivers
Raw Materials
Chemicals, electronics, paper, and commodities (trading inventory).
Raw Material Costs
Not disclosed as a percentage of revenue; however, the company reported an Inventory Turnover of 0 for the fiscal year.
Strategic Growth
Growth Strategy
The company is eyeing new products to expand its trading portfolio. A major strategic shift involves transitioning to a Type I-NBFC-ND; the company plans to re-apply to the RBI by July 31, 2025, after settling existing credit facilities with other NBFCs.
Products & Services
Trading of chemicals, electronics, paper, commodities, and shares; Power generation; Loans and Inter-Corporate Deposits.
New Products/Services
The company is eyeing new products for its trading portfolio to increase revenue, though specific names were not provided.
External Factors
Industry Trends
The company is transitioning from a general trading firm toward a regulated financial entity (NBFC). This evolution is driven by the significant portion of income derived from loans, ICDs, and dividends.
Competitive Landscape
The company faces general market competition in its trading segments.
Competitive Moat
The company cites its 'intellectual capital' as its most significant asset. However, the lack of proprietary products and high reliance on general trading suggests a narrow moat, evidenced by the 87% drop in net profit when market conditions shifted.
Macro Economic Sensitivity
The company expects to gain as domestic economy market conditions improve, suggesting high sensitivity to Indian GDP and industrial demand.
Regulatory & Governance
Industry Regulations
The company must comply with RBI regulations for NBFC registration. It has been advised to settle existing credit facilities from other NBFCs before re-applying for Type I-NBFC-ND status by July 31, 2025.
Legal Contingencies
Pending litigations are disclosed in Note 16 of the financial statements; however, the specific aggregate value in INR is not provided in the snippets.
Risk Analysis
Key Uncertainties
Key risks include general market competition in trading and the successful completion of the NBFC registration process with the RBI.
Credit & Counterparty Risk
Debtors Turnover Ratio decreased to 2.63% from 7.81%, indicating increased credit risk or slower realization from trade receivables.
