DANGEE - Dangee Dums
📢 Recent Corporate Announcements
Dangee Dums Limited has informed the exchange that Ms. Twinkle Chheda has resigned from her position as Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on April 30, 2026. The departure is attributed to the individual pursuing better career opportunities elsewhere. The Board of Directors accepted the resignation in a meeting held on the same day that lasted approximately 20 minutes.
- Ms. Twinkle Chheda (ACS 42595) resigned as Company Secretary and Compliance Officer effective April 30, 2026
- The resignation was approved during a Board Meeting held from 05:00 P.M. to 05:20 P.M. on April 30, 2026
- The reason for resignation is cited as seeking better career opportunities
- The company is now required to appoint a successor to fulfill SEBI compliance requirements
Dangee Dums Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The report, provided by Bigshare Services Private Limited, covers the quarter ending March 31, 2026. It confirms that the company received zero requests for the dematerialization of securities during this period. As no securities were received, no certificates were mutilated or cancelled, and no changes were required in the register of members.
- Compliance certificate filed for the quarter ended March 31, 2026.
- Registrar Bigshare Services Pvt Ltd confirmed zero dematerialization requests were received.
- No security certificates were mutilated, cancelled, or substituted in the register of members.
- The filing adheres to standard SEBI (Depositories and Participants) Regulations, 2018.
Dangee Dums Limited has announced the closure of its trading window for all designated persons starting April 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the upcoming financial results. The closure pertains to the consideration and approval of the Audited Financial Results for the quarter and year ending March 31, 2026. The trading window will remain closed until 48 hours after the results are officially declared to the stock exchange.
- Trading window closure begins on Wednesday, April 01, 2026.
- Closure is related to the Audited Financial Results for the quarter and year ended March 31, 2026.
- Window will reopen 48 hours after the financial results are declared.
- Restriction applies to all Promoters, Directors, KMPs, and Designated Employees.
- The specific date for the Board Meeting will be announced separately in due course.
Dangee Dums Limited held a mandatory meeting of its Independent Directors on March 10, 2026, in compliance with SEBI (LODR) Regulations. The meeting, which lasted 30 minutes, focused on evaluating the performance of Non-Independent Directors and the Board as a whole. The Independent Directors also reviewed the Chairperson's performance and assessed the efficiency of information flow between management and the Board. This is a standard corporate governance procedure required under the Companies Act, 2013.
- Meeting held on March 10, 2026, from 2:00 P.M. to 2:30 P.M. at the Ahmedabad registered office.
- Evaluated the performance of Non-Independent Directors and the overall Board of Directors.
- Assessed the Chairperson's performance based on views from both Executive and Non-Executive Directors.
- Reviewed the quality, quantity, and timeliness of data flow from management to the Board.
- Conducted under Regulation 25(3) of SEBI LODR and Schedule IV of the Companies Act, 2013.
Dangee Dums reported a significant turnaround in Q3 FY26, posting a net profit of ₹23.10 lakhs compared to a loss of ₹7.76 lakhs in the preceding quarter. Revenue from operations grew by 15.3% YoY to ₹874.63 lakhs, likely driven by seasonal demand in the bakery and confectionery segment. Despite the quarterly recovery, the company remains in a net loss position of ₹33.20 lakhs for the nine-month period ending December 2025. Finance costs have seen an uptick, rising to ₹51.76 lakhs from ₹38.94 lakhs in the year-ago period.
- Revenue from operations increased 15.3% YoY to ₹874.63 lakhs from ₹758.67 lakhs.
- Net profit for the quarter stood at ₹23.10 lakhs, a 53% increase compared to ₹15.09 lakhs in Q3 FY25.
- The company achieved a QoQ turnaround, moving from a net loss of ₹7.76 lakhs in Q2 FY26 to a profit.
- 9M FY26 cumulative performance shows a reduced net loss of ₹33.20 lakhs compared to a loss of ₹35.54 lakhs in 9M FY25.
- Finance costs rose significantly to ₹51.76 lakhs for the quarter, impacting overall margins.
Dangee Dums Limited has submitted its compliance certificate under Regulation 74(5) of SEBI Regulations for the quarter ended December 31, 2025. The company's Registrar, Bigshare Services, confirmed that no dematerialization or rematerialization requests were processed during this period. Notably, the entire shareholding of the company is already maintained in electronic (demat) form. This filing is a standard quarterly requirement to ensure transparency in share registry maintenance and compliance with depository regulations.
- Quarterly compliance certificate submitted for the period ending December 31, 2025
- 100% of the company's shares are confirmed to be held in dematerialized form
- Zero requests for dematerialization or rematerialization were received during the quarter
- Filing issued by Registrar and Share Transfer Agent, Bigshare Services Private Limited
Dangee Dums Limited has announced the closure of its trading window for all insiders and designated persons starting January 1, 2026. This routine regulatory measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the upcoming Q3 FY2025-26 results. The window will remain closed until 48 hours after the Board Meeting where the unaudited financial results for the quarter ended December 31, 2025, are approved. The specific date for the Board Meeting will be disclosed at a later time.
- Trading window closure begins on January 1, 2026, for all designated persons and their relatives.
- The closure is mandatory for the consideration of unaudited financial results for the quarter ending December 31, 2025.
- Trading restrictions will be lifted 48 hours after the financial results are declared to the stock exchange.
- The official date for the Board Meeting to approve the results is yet to be announced.
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment (Bakery and Confectionery). Standalone revenue from operations for H1 FY26 was INR 1,314.16 Lakhs, representing a growth of 3.13% compared to INR 1,274.29 Lakhs in H1 FY25. Q2 FY26 revenue was INR 700.42 Lakhs, up 2.17% YoY from INR 685.53 Lakhs.
Geographic Revenue Split
Not specifically disclosed in available documents, though the registered office is in Ahmedabad, Gujarat, suggesting a primary concentration in the Western India region.
Profitability Margins
Profitability is currently negative and declining. Net loss margin for H1 FY26 was -4.28% (INR 56.30 Lakhs loss) compared to -3.97% (INR 50.63 Lakhs loss) in H1 FY25. The widening loss is driven by high fixed costs including finance costs and depreciation.
EBITDA Margin
Operating profit before working capital changes for H1 FY26 was INR 242.90 Lakhs (18.48% margin), a significant decrease of 50.94% from INR 495.12 Lakhs (38.85% margin) in H1 FY25, indicating a sharp rise in operational overheads.
Capital Expenditure
In H1 FY26, the company invested INR 62.47 Lakhs in the purchase of Property, Plant, and Equipment (PPE), compared to INR 87.91 Lakhs in the previous year. Capital work-in-progress stood at INR 12.95 Lakhs as of September 30, 2025.
Credit Rating & Borrowing
Total borrowings as of September 30, 2025, include non-current borrowings of INR 75.57 Lakhs and current borrowings of INR 238.10 Lakhs. Finance costs for H1 FY26 were INR 93.72 Lakhs, representing 7.13% of revenue.
Operational Drivers
Raw Materials
Specific raw material names are not listed, but 'Cost of materials consumed' (INR 329.39 Lakhs) and 'Purchase of stock-in-trade' (INR 155.30 Lakhs) collectively represent 36.88% of total revenue.
Capacity Expansion
Current installed capacity is not specified in units; however, the company maintains a significant retail footprint with Right-to-use Assets valued at INR 1,286.09 Lakhs as of September 30, 2025.
Raw Material Costs
Raw material costs (consumed + stock-in-trade) totaled INR 484.69 Lakhs in H1 FY26, up 9.36% from INR 443.21 Lakhs in H1 FY25, outpacing revenue growth and pressuring margins.
Logistics & Distribution
Not separately disclosed; however, the business model relies on a network of retail outlets as indicated by substantial lease liabilities.
Strategic Growth
Expected Growth Rate
3.13%
Growth Strategy
The company is focusing on maintaining its retail presence through its 'Dangee Dums' brand. Growth is currently driven by a slight increase in revenue from operations (up 3.13% YoY in H1 FY26). The strategy involves managing a large portfolio of leased retail spaces (INR 1,544.77 Lakhs in total lease liabilities) to reach urban consumers.
Products & Services
Cakes, pastries, designer cakes, chocolates, and various bakery/confectionery products.
Brand Portfolio
Dangee Dums
External Factors
Industry Trends
The premium bakery and confectionery industry is growing but faces high competition and rising input costs. Dangee Dums is positioned as a branded retail player, but its high fixed-cost structure makes it vulnerable during periods of low demand growth.
Competitive Landscape
Competes with local artisanal bakeries and national confectionery chains in the premium segment.
Competitive Moat
The brand 'Dangee Dums' serves as a local moat in the Gujarat region; however, the lack of profitability suggests the brand strength is currently insufficient to offset high operational and financial leverage.
Macro Economic Sensitivity
Highly sensitive to consumer discretionary spending and urban inflation, which affects the cost of premium ingredients and retail rentals.
Consumer Behavior
Shift toward branded and hygienic confectionery products in urban centers supports the retail outlet model.
Regulatory & Governance
Industry Regulations
Operations are subject to food safety standards (FSSAI) and local municipal licensing for retail outlets.
Taxation Policy Impact
The company reported a deferred tax credit of INR 4.25 Lakhs for H1 FY26. It maintains a significant Deferred Tax Asset of INR 543.59 Lakhs as of September 30, 2025.
Risk Analysis
Key Uncertainties
The primary risk is the inability to turn profitable despite revenue growth, with net losses widening by 11.2% YoY in H1 FY26. High financial leverage from leases (INR 1,544.77 Lakhs) poses a liquidity risk.
Geographic Concentration Risk
High concentration in Gujarat, specifically Ahmedabad, where the registered office and primary operations are located.
Third Party Dependencies
Dependent on landlords for retail spaces, as reflected in the massive Right-to-use Asset and Lease Liability accounts.
Technology Obsolescence Risk
Low risk in the food product category, but digital transformation in delivery and point-of-sale systems is necessary for competitive parity.
Credit & Counterparty Risk
Trade receivables are low at INR 15.25 Lakhs, indicating a primarily cash-and-carry retail business model with low credit risk from customers.