Darjeeling Industriies Ltd (539770)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Darjeeling Industriies' revenue was ₹1.5 Cr, and net profit ₹0.3 Cr (against a loss a year earlier); the operating margin was 27.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.5 | — | +94.5% |
| Operating profit | ₹0.4 | from loss | +107.5% |
| Net profit | ₹0.3 | from loss | +325.4% |
| EPS (₹) | 0.38 | from loss | +322.2% |
| Operating margin | 27.0% | — | — |
📢 Recent Corporate Announcements
Darjeeling Industriies Limited announced the voting results for its Annual General Meeting held on September 29, 2026. A total of 4 resolutions were passed with over 99.99% majority of votes polled, including the adoption of FY26 financial statements and director re-appointments. Notably, an ordinary resolution to approve material related party transactions with M/s Ghantiram Foods Private Limited was passed, wherein 1,950,600 votes cast by interested public shareholders were deemed invalid. Total voting turnout stood at 51.59% of outstanding shares.
- All 4 resolutions passed with 99.999% votes in favour of total valid votes polled
- Overall voter turnout was 51.5945% across 4,056,362 votes polled out of 7,862,010 total shares
- Material Related Party Transaction with M/s Ghantiram Foods Private Limited approved
- 1,950,600 public non-institution votes were treated as invalid due to being interested parties in Resolution 4
- 22 shareholders (1 promoter, 21 public) attended the meeting via video conferencing
Darjeeling Industriies Limited announced the cessation of Mr. Pranav Manoj Vajani as an Independent Director effective close of business hours on September 30, 2026. The departure follows the completion of his first term of five consecutive years. This is a routine administrative conclusion of tenure under SEBI LODR regulations. The company will need to ensure board composition complies with regulatory mandates.
- Mr. Pranav Manoj Vajani ceased to be Independent Director effective September 30, 2026
- Cessation occurred upon completion of a 5 consecutive year term
- No premature resignation or dispute cited in the disclosure
Darjeeling Industriies Limited responded on August 17, 2026, to a BSE clarification query dated August 14, 2026, regarding significant price movement in its scrip. The company confirmed that it has made all required disclosures under SEBI LODR Regulations, including its financial results for the quarter ended June 30, 2026. Management stated there is no undisclosed price-sensitive information or pending event, attributing the scrip volatility entirely to normal market forces.
- Clarification submitted in response to BSE inquiry dated 14th August, 2026
- Company confirmed all material events and results for quarter ended 30th June, 2026 are fully disclosed
- Management affirmed there is no undisclosed price-sensitive information pending
- Scrip volatility attributed entirely to normal secondary market forces
Darjeeling Industriies reported a standalone revenue of ₹1.46 Cr for Q1 FY27, a significant turnaround from zero revenue in the same quarter last year. The company achieved a standalone net profit of ₹29.78 Lakhs, reversing a loss of ₹17.36 Lakhs YoY. During the quarter, the company also received ₹50 Lakhs through a preferential issue of convertible warrants to meet working capital requirements. Despite the profitability, the company remains a micro-cap with a very low promoter holding of 3.22%.
- Standalone revenue from operations reached ₹145.87 Lakhs in Q1 FY27 compared to nil in Q1 FY26.
- Standalone Net Profit for the quarter stood at ₹29.78 Lakhs vs a loss of ₹17.36 Lakhs in the year-ago period.
- Received ₹50 Lakhs on June 24, 2026, as part of a preferential issue of convertible warrants.
- Consolidated profit for the period was reported at ₹25.29 Lakhs, reflecting the impact of its subsidiary Nowa Defence Iinds Limited.
- Total expenses for the quarter were ₹106.45 Lakhs, primarily driven by purchase of stock-in-trade (₹193.70 Lakhs) offset by inventory changes.
Darjeeling Industriies Ltd approved its unaudited financial results for the quarter ended June 30, 2026, and confirmed no deviations in the use of proceeds from its preferential issue. The company received a tranche of ₹25,00,000 from Mr. Dilip Keshrimal Sanklecha towards convertible warrants originally allotted on September 23, 2025. These warrants were issued at ₹16.80 each, including a premium of ₹6.80. This represents a routine capital infusion from a non-promoter category investor.
- Received ₹25,00,000 in cash consideration for convertible warrants from a non-promoter allottee.
- Warrants were issued at a price of ₹16.80 per unit, comprising ₹10.00 face value and ₹6.80 premium.
- The warrants involved in this tranche were originally allotted on September 23, 2025.
- Statement of Deviation confirmed zero variation in the use of funds for the quarter ended June 30, 2026.
- Board meeting was brief, lasting 22 minutes from 01:10 P.M. to 01:32 P.M.
Darjeeling Industriies reported a standalone net profit of ₹29.78 Lakhs for Q1 FY27, a significant turnaround from a loss of ₹17.36 Lakhs in the same quarter last year. Revenue from operations reached ₹1.46 Cr, nearly doubling from ₹0.75 Cr in the preceding March 2026 quarter. The company also received a ₹25 Lakhs tranche for convertible warrants issued at ₹16.80 per share to a non-promoter. However, its subsidiary, Nowa Defence Iinds Limited, remains a drag with a loss of ₹4.49 Lakhs on zero revenue.
- Standalone Revenue from operations stood at ₹145.87 Lakhs for Q1 FY27 vs zero revenue in Q1 FY26.
- Net Profit reached ₹29.78 Lakhs compared to a loss of ₹17.36 Lakhs in the year-ago period.
- Received ₹25 Lakhs from Mr. Dilip Keshrimal Sanklecha towards warrants allotted at ₹16.80 per share.
- Operating expenses were dominated by 'Purchase of Stock-in-Trade' at ₹193.70 Lakhs, offset by inventory changes.
- Consolidated loss from subsidiary Nowa Defence Iinds Limited was ₹4.49 Lakhs for the quarter.
Darjeeling Industriies reported a strong turnaround in Q1 FY27 with a standalone PAT of ₹29.78 Lakhs, compared to a loss of ₹17.36 Lakhs in the same quarter last year. Revenue from operations surged to ₹1.46 Cr, primarily from agricultural product trading, representing a significant sequential increase from ₹0.75 Cr in Q4 FY26. The company also confirmed the receipt of ₹25 Lakhs from a non-promoter allottee for convertible warrants priced at ₹16.80 per share. However, the consolidated profit was slightly dragged down by a ₹4.49 Lakhs loss in its subsidiary, Nowa Defence Iinds Limited.
- Standalone PAT grew over 4x sequentially to ₹29.78 Lakhs in Q1 FY27 from ₹7.09 Lakhs in Q4 FY26.
- Revenue from operations reached ₹145.87 Lakhs, a sharp increase from zero revenue in the year-ago quarter (June 2025).
- Received a ₹25 Lakhs tranche for convertible warrants issued at ₹16.80 per share (including ₹6.80 premium).
- Subsidiary Nowa Defence Iinds Limited reported a net loss of ₹4.49 Lakhs on zero revenue for the quarter.
- The company utilized ₹1.30 Lakhs during the quarter for working capital requirements from previously raised funds.
Darjeeling Industriies Ltd has scheduled a board meeting for August 14, 2026, to consider and approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of only Rs 7 Cr and TTM revenue of Rs 5 Cr. Investors should be cautious as promoter holding has significantly declined from 8.29% in September 2025 to just 3.22% in March 2026. The stock has also experienced a sharp 12-month price decline of 61.8%.
- Board meeting scheduled for August 14, 2026, at 1:00 P.M. via video conferencing.
- Approval of standalone and consolidated financial results for the quarter ended June 30, 2026.
- Promoter holding has dropped to a low of 3.22% as of March 2026.
- Company market capitalization stands at approximately Rs 7 Cr.
- TTM revenue reported at Rs 5 Cr with a PAT of Rs 2 Cr.
Darjeeling Industriies Ltd has announced a change in its official website to www.darjeelingindltd.com and its email to info@darjeelingindltd.com, effective July 29, 2026. The change was necessitated by the expiry of the previous domain and the death of the domain manager, which prevented the recovery of credentials. This is a purely administrative update for a micro-cap company with a market capitalization of only Rs 6 Cr. Investors should remain aware of the company's extremely low promoter holding, which stood at 3.22% as of March 2026.
- New website www.darjeelingindltd.com adopted with immediate effect on July 29, 2026
- Official email for investor correspondence updated to info@darjeelingindltd.com
- Promoter holding has significantly declined from 8.29% in September 2025 to 3.22% in March 2026
- Company reports a TTM PAT of Rs 2 Cr against a small market capitalization of Rs 6 Cr
Darjeeling Industriies Ltd (Market Cap: Rs 6 Cr) has announced the resignation of its Company Secretary and Compliance Officer, Ms. Margi Lalitbhai Dedaniya, effective July 28, 2026. The resignation is attributed to personal reasons, with the outgoing officer confirming no other material reasons exist. This administrative change occurs against a backdrop of a significant 12-month price decline of 68.9% and a low promoter holding of 3.22%. The company maintains a TTM revenue of Rs 5 Cr and a PAT of Rs 2 Cr.
- Resignation of Company Secretary effective from 28th July, 2026
- Company market capitalization is a micro-cap at Rs 6 Cr
- Promoter holding has declined from 8.29% in June 2025 to 3.22% in March 2026
- TTM Revenue reported at Rs 5 Cr with a high Operating Profit Margin of 49.2%
Darjeeling Industriies Ltd has announced a change in its official website to www.darjeelingindltd.com and email to info@darjeelingindltd.com, effective July 29, 2026. The change was necessitated by the expiry of the previous domain and the inability to retrieve credentials following the death of the domain manager. This is a purely administrative update for this micro-cap company, which has a market capitalization of just Rs 6 Cr. Investors should use the new contact details for all future correspondence.
- New website launched at www.darjeelingindltd.com effective July 29, 2026
- New official email ID for investor correspondence updated to info@darjeelingindltd.com
- Change triggered by the expiry of the previous domain and loss of access to credentials
- Company market capitalization stands at Rs 6 Cr with a low promoter holding of 3.22%
Darjeeling Industriies Ltd has announced the immediate relocation of its corporate office to Rajkot, Gujarat, following a board meeting on July 29, 2026. This move serves as an interim measure while the company awaits approval from the Regional Director, Mumbai, to officially shift its registered office from one state to another. Shareholders had previously approved this relocation on August 19, 2025. The company remains a micro-cap entity with a market capitalization of just ₹6 Cr and a significantly low promoter holding of 3.22%.
- Board meeting held on July 29, 2026, concluded within 30 minutes (10:30 AM to 11:00 AM).
- Shareholders approved the registered office shift nearly a year ago on August 19, 2025.
- Promoter holding has declined from 8.29% in September 2025 to 3.22% in March 2026.
- The company reported a TTM PAT of ₹2 Cr against a small market cap of ₹6 Cr.
Darjeeling Industriies Ltd has approved the establishment of a Corporate Office in Rajkot, Gujarat, effective July 29, 2026. This move is a transitional step as the company awaits final approval from the Regional Director, Mumbai, to shift its Registered Office from Maharashtra to Gujarat, a move previously approved by shareholders on August 19, 2025. The company is a micro-cap entity with a market capitalization of only ₹6 Cr and a notably low promoter holding of 3.22%. This administrative change is intended to ensure business continuity during the regulatory waiting period.
- Board meeting concluded in 30 minutes, starting at 10:30 A.M. and ending at 11:00 A.M. on July 29, 2026
- Shareholders had previously approved the Registered Office relocation on August 19, 2025
- Promoter holding has significantly decreased from 8.29% in September 2025 to 3.22% in March 2026
- The company reported a TTM PAT of ₹2 Cr against a small market cap of ₹6 Cr
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