DC Infotech and Communication Limited (DCI)
₹335.10 -0.36% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, DC Infotech's revenue was ₹167 Cr, and net profit ₹4.5 Cr; the operating margin was 4.7%.
| Q1 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹167 | — | -30.2% |
| Operating profit | ₹7.8 | — | -23.5% |
| Net profit | ₹4.5 | — | -19.9% |
| EPS (₹) | 2.84 | — | -17.7% |
| Operating margin | 4.7% | — | — |
DCI delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 49.12% of the DCI shares traded on NSE were taken to delivery, against the stock's own 20-session average of 39.66%. That is close to its usual level. Turnover was only ₹67 lakh, so a handful of trades can move this figure. Volume was under a tenth of its average.
Delivery in the last 5 sessions: 48.1% · 60.4% · 46.3% · 68.4% · 49.1%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
DC Infotech & Communication Limited concluded its 8th Annual General Meeting on September 19, 2026, where shareholders approved all 3 ordinary resolutions. Key approvals include the adoption of FY26 standalone and consolidated financial statements, declaration of a final dividend, and the reappointment of retiring director Mr. Jayeshkumar Kishorekumar Sayani. Voting concluded with 100% of the polled votes cast in favor across all resolutions.
- All 3 resolutions passed with 100% favorable votes among the votes polled
- Total voter turnout represented 71.46% of total outstanding shares (11,719,496 votes polled out of 16,400,000 shares)
- Total shareholder base stood at 12,698 as of the record date (September 12, 2026)
- Resolutions covered FY26 financial statements adoption, final dividend declaration, and director reappointment
DC Infotech & Communication Limited concluded its 8th Annual General Meeting on September 19, 2026, where shareholders approved all 3 ordinary resolutions. Key approvals include the adoption of FY26 standalone and consolidated financial statements, declaration of a final dividend, and the reappointment of retiring director Mr. Jayeshkumar Kishorekumar Sayani. Voting concluded with 100% of the polled votes cast in favor across all resolutions.
- All 3 resolutions passed with 100% favorable votes among the votes polled
- Total voter turnout represented 71.46% of total outstanding shares (11,719,496 votes polled out of 16,400,000 shares)
- Total shareholder base stood at 12,698 as of the record date (September 12, 2026)
- Resolutions covered FY26 financial statements adoption, final dividend declaration, and director reappointment
DC Infotech and Communication Limited has announced its participation in the 'Arihant Bharat Connect Conference Rising Star' organized by Arihant Capital. The meeting is scheduled to take place virtually on September 28, 2026. The company stated that no unpublished price sensitive information (UPSI) will be shared during the interactions. This is a standard investor interaction intimation under SEBI Listing Regulations.
- Management participating in Arihant Bharat Connect Conference Rising Star on September 28, 2026
- Conference will be conducted via a virtual venue
- Company affirmed that no unpublished price sensitive information (UPSI) will be shared
- Filing submitted pursuant to Regulation 30(6) of SEBI LODR Regulations
DC Infotech & Communication Limited reported the conclusion of an in-person investor meeting held on September 4, 2026, at 4:00 PM with Swaraj Holdings at its corporate office. The company confirmed that discussions were restricted to publicly available information and no Unpublished Price Sensitive Information (UPSI) was shared. With a market capitalization of Rs 566 Cr and TTM revenue of Rs 756 Cr, this represents a routine compliance filing.
- Management held an in-person investor interaction on September 4, 2026, at 4:00 PM
- Meeting was held with representative(s) from Swaraj Holdings at DC Infotech's office
- Company confirmed no Unpublished Price Sensitive Information (UPSI) was discussed
DC Infotech and Communication Limited has informed stock exchanges about an upcoming physical meeting with investors/analysts from Swaraj Holdings. The meeting is scheduled for Friday, September 4, 2026, at 4:00 PM at the company's registered office. The company confirmed that discussions will rely strictly on publicly available information without sharing any Unpublished Price Sensitive Information (UPSI).
- Meeting scheduled with Swaraj Holdings on September 4, 2026, at 4:00 PM
- Format is an in-person physical meeting at DC Infotech's office in Mumbai
- Discussions will pertain solely to generally available public information
DC Infotech and Communication Limited has dispatched communications to shareholders whose email addresses are not registered, providing weblinks and QR codes to access the FY 2025-26 Annual Report and Notice of the 8th AGM. The company's 8th Annual General Meeting is scheduled for Saturday, September 19, 2026, at 11:00 AM in Mumbai. The dispatch conforms to Regulation 36(1)(b) of SEBI LODR Regulations, 2015. This is a purely procedural regulatory filing with no operational or financial impact.
- 8th Annual General Meeting scheduled for Saturday, September 19, 2026, at 11:00 AM
- Notice of AGM convening the meeting is dated August 14, 2026
- Dispatched under Regulation 36(1)(b) of SEBI LODR Regulations, 2015 for FY 2025-26 Annual Report
- Physical intimation sent to shareholders whose email addresses are not registered with depositories
DC Infotech & Communication Limited has issued the notice for its 8th Annual General Meeting scheduled for Saturday, September 19, 2026. The key agenda includes the adoption of FY26 audited standalone and consolidated financial statements and the declaration of a final dividend of Re 0.10 per equity share of face value Rs 10. The record date for determining dividend eligibility and e-voting is set for Saturday, September 12, 2026. Remote e-voting commences on September 16, 2026, and concludes on September 18, 2026.
- 8th Annual General Meeting scheduled for September 19, 2026, at 11:00 AM IST in Mumbai
- Final dividend proposed at Re 0.10 per equity share of Rs 10 face value for FY26
- Cut-off date for e-voting eligibility and dividend record date set for September 12, 2026
- Remote e-voting window runs from September 16, 2026 (9:00 AM) to September 18, 2026 (5:00 PM)
DC Infotech and Communication Limited has fixed Saturday, September 12, 2026, as the record date to determine member entitlement for the final dividend for FY26. The dividend is subject to approval at the company's 8th Annual General Meeting (AGM), scheduled for Saturday, September 19, 2026, in Mumbai. This intimation follows the Board's earlier dividend recommendation on May 30, 2026.
- Record date fixed as September 12, 2026, for determining FY26 final dividend entitlement
- 8th Annual General Meeting scheduled for September 19, 2026, at 11:00 AM in Mumbai
- Formalizes the Board recommendation of final dividend initially made on May 30, 2026
DC Infotech and Communication Limited has scheduled its 8th Annual General Meeting (AGM) for Saturday, September 19, 2026, at 11:00 AM in Mumbai. The company has fixed Saturday, September 12, 2026, as the record date to determine shareholder eligibility for the FY26 final dividend recommended earlier on May 30, 2026. The dividend remains subject to shareholder approval at the upcoming AGM.
- 8th Annual General Meeting scheduled for Saturday, September 19, 2026, at 11:00 AM
- Record date fixed as Saturday, September 12, 2026, for FY26 final dividend entitlement
- Dividend was originally recommended by the Board on May 30, 2026
- AGM to be held physically at Hotel Auris, Andheri East, Mumbai
DC Infotech reported a steady year-on-year performance for Q1 FY27, with consolidated revenue reaching ₹167.24 crore, a 12.9% increase from ₹148.09 crore in Q1 FY26. Net profit grew by 16.3% YoY to ₹4.71 crore, although it experienced a seasonal sequential decline of 18.7% compared to the March 2026 quarter. The 'Products' segment remains the dominant revenue driver, contributing ₹150.91 crore (90.2%) to the topline. The company maintained its operating momentum despite a significant inventory adjustment of ₹35.60 crore during the period.
- Consolidated revenue from operations grew 12.9% YoY to ₹167.24 crore.
- Net profit for the quarter increased 16.3% YoY to ₹4.71 crore from ₹4.05 crore.
- Products segment contributed ₹150.91 crore to revenue with a PBIT of ₹12.38 crore.
- Security Software and Services segment contributed ₹16.32 crore to revenue.
- Inventory levels saw a net change of -₹35.60 crore, reflecting significant stock movement compared to -₹11.56 crore in the previous year's quarter.
DC Infotech (DCI) has entered a strategic partnership with Vertiv, a global leader in critical digital infrastructure, to offer AI-ready data centre solutions. The collaboration focuses on power, cooling, intelligent racks, and edge infrastructure targeting India's growing Global Capability Centres (GCCs) and enterprise markets. This move is significant as DCI currently derives 90% of its revenue from just four brand partners (Samsung, Netgear, D-Link, Arbor). While no specific order value was disclosed, the partnership aligns with DCI's strategy to diversify its portfolio and target high-margin segments to improve its current 4.7% operating margin.
- Strategic partnership with Vertiv for AI-ready data centre and critical power solutions
- Targets high-growth segments including Global Capability Centres (GCCs) and enterprise data centres
- Aims to diversify revenue base currently 90% concentrated among 4 key brand partners
- Focuses on energy-efficient infrastructure to support AI and High-Performance Computing (HPC) demand
- Leverages DCI's existing technical capabilities and customer reach in the Indian market
DC Infotech and Communication Limited (DCI) has responded to a clarification request from the National Stock Exchange (NSE) and BSE regarding recent significant price movement in its shares. The company stated that the price movement is purely market-driven and not influenced by any undisclosed material information. Management confirmed they have no control over the price action and are in full compliance with SEBI Regulation 30 disclosure requirements. This filing is a standard procedural response to exchange surveillance queries and contains no new financial data.
- Exchange query received on August 6, 2026, regarding significant price volatility
- Company response submitted on August 6, 2026, denying any undisclosed material events
- Management attributes price movement entirely to market conditions
- Confirmation of compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
DC Infotech and Communication Limited (DCI) has filed its Structured Digital Database (SDD) compliance certificate for the quarter ended June 30, 2026. The company confirmed that 2 specific events involving Unpublished Price Sensitive Information (UPSI) occurred during the quarter, and both were successfully captured in the database. This filing is a mandatory regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations to ensure a non-tamperable audit trail of sensitive information. No non-compliances were reported for the period.
- 2 events involving Unpublished Price Sensitive Information (UPSI) were required to be captured and were successfully recorded.
- The Structured Digital Database (SDD) is maintained internally and is non-tamperable.
- The system is capable of maintaining records for a period of 8 years as per regulatory requirements.
- Zero non-compliances were observed in the previous quarter ended June 30, 2026.
DC Infotech (DCI) has responded to NSE's request for clarification regarding its March 2026 financial results by providing machine-readable documents and an unmodified auditor's declaration. The company reported total assets of ‡372.64 crore for FY26, a 51% increase from ‡246.42 crore in FY25. Trade receivables remain high at ‡210.47 crore, representing approximately 56% of total assets and nearly 2x the company's net worth. The board has also recommended a final dividend of ‡0.10 per share for the fiscal year.
- Total assets grew to ‡37,264.45 Lacs in FY26 from ‡24,642.51 Lacs in FY25
- Trade receivables increased to ‡21,047.37 Lacs, accounting for 56.5% of total assets
- Recommended a final dividend of ‡0.10 per equity share of ‡10 face value
- Current borrowings rose to ‡8,707.13 Lacs from ‡5,067.73 Lacs year-on-year
- Statutory Auditor D G M S & Co. issued an unmodified opinion on the financial results
The promoter of DC Infotech and Communication Limited, Chetankumar Timbadia, has filed an annual declaration confirming that the promoter group's entire holding of 1,02,00,000 equity shares remained unencumbered as of March 31, 2026. This mandatory disclosure under SEBI (SAST) Regulations confirms that no promoter shares were pledged or used as collateral during the financial year 2025-26. The promoter group maintains a significant 62.2% stake in the company, which reported a TTM revenue of Rs 762 Cr and a PAT of Rs 21 Cr.
- Promoter group holds 1,02,00,000 equity shares as of March 31, 2026
- Zero shares were encumbered directly or indirectly during the financial year ended March 31, 2026
- Promoter holding remains stable at 62.2% as per latest financial context
- Declaration made in compliance with Regulation 31(4) of SEBI (SAST) Regulations, 2011
Financial Performance
Revenue Growth by Segment
Total revenue from operations grew 21.17% YoY to INR 301.52 Cr in H1 FY26. The Products segment contributed INR 265.57 Cr (up from INR 196.43 Cr), while Security Software and Services contributed INR 35.94 Cr (down from INR 52.41 Cr). For FY25, revenue grew 20.91% to INR 555.75 Cr, driven by strong demand for brands like Samsung and Netgear.
Geographic Revenue Split
The company operates primarily in India with major installations pan-India. It incorporated a wholly owned subsidiary in Dubai (DCInfotech And Communication - FZCO) on July 28, 2025, to expand internationally, though operations are pending funding.
Profitability Margins
PAT margin improved to 3.26% in Q2 FY26, a 43 bps expansion YoY. H1 FY26 PAT margin stood at 3.00%, up 29 bps from 2.71% in H1 FY25. FY25 Net Profit margin was 2.61%, up from 2.53% in FY24, reflecting disciplined execution and cost optimization.
EBITDA Margin
EBITDA margin for H1 FY26 was 4.96%, a 28 bps improvement YoY. Q2 FY26 EBITDA margin reached 5.52%, up 60 bps YoY. EBITDA grew 32.32% YoY in Q2 FY26 to INR 8.48 Cr, supported by product-mix optimization and tighter vendor pricing terms.
Capital Expenditure
Not explicitly disclosed in absolute INR Cr for future plans, but the company is investing in international expansion through its new Dubai subsidiary and has converted warrants to equity (INR 7.37 Cr in H1 FY26) to strengthen its financial foundation.
Credit Rating & Borrowing
Borrowing costs are reflected in interest expenses of INR 3.14 Cr for H1 FY26, compared to INR 3.05 Cr in H1 FY25. The company maintains a strong financial foundation through effective working capital management and prudent provisioning.
Operational Drivers
Raw Materials
Networking hardware, Security software, and Unified Communication products (Samsung, Netgear, Arbor, D-Link, Kramer, Zscaler) represent 90.7% of total costs.
Import Sources
Sourced from global technology leaders including Samsung (South Korea), Netgear (USA), and Arbor (USA). Specific import countries for all components are not disclosed.
Key Suppliers
Key suppliers and brand partners include Samsung, Netgear, Arbor, D-Link, Kramer, and Zscaler.
Capacity Expansion
The company is expanding its operational footprint through the incorporation of DCInfotech And Communication - FZCO in Dubai (Trade license received 28/07/2025).
Raw Material Costs
Raw material/purchase costs stood at INR 273.65 Cr in H1 FY26, representing 90.7% of revenue. This is an increase from INR 228.54 Cr in H1 FY25, tracking revenue growth.
Manufacturing Efficiency
Not applicable as the company operates as a leading architect and solution provider rather than a manufacturer.
Logistics & Distribution
Distribution costs are part of the operating costs which rose to INR 7.36 Cr in H1 FY26 from INR 4.25 Cr in H1 FY25, partly due to higher sales promotion spends.
Strategic Growth
Expected Growth Rate
21%
Growth Strategy
Growth will be achieved by deepening customer engagements in core Networking and Unified Communication portfolios, optimizing product mix toward high-margin segments, and leveraging international expansion through the new Dubai subsidiary. The company aims to stay 'one step ahead' by anticipating future market trends in security and networking.
Products & Services
Networking equipment, security software, unified communication products, and security implementation services.
Brand Portfolio
Samsung, Netgear, Arbor, D-Link, Kramer, Zscaler.
New Products/Services
Continued traction in core categories and strengthening offerings in high-growth segments like Unified Communication are expected to drive future margin improvement.
Market Expansion
International expansion into the Middle East via the Dubai-based subsidiary (FZCO) incorporated in July 2025.
Market Share & Ranking
Established as one of the leading architects and solution providers of networking, security, and unified communication products in India.
Strategic Alliances
Strong partnerships with Samsung (36% revenue share), Netgear (23%), Arbor (12%), D-Link (19%), and Kramer (3%).
External Factors
Industry Trends
The Indian network equipment market is projected to reach USD 4,915.6 million by 2030, growing at a CAGR of 5.5%. Hardware remains the largest component with a 55.19% revenue share.
Competitive Landscape
Operates in a competitive market for networking and security solutions, positioning itself through technology know-how and premium brand partnerships.
Competitive Moat
Moat is built on being a 'leading architect' with deep brand partnerships and a strategy to understand future market needs before they become obvious. Sustainability is driven by the shift toward high-growth security and unified communication segments.
Macro Economic Sensitivity
Sensitive to global growth paths, which are forecast at 3.3% for 2025 and 2026. Subdued global growth and trade policy changes impact export potential.
Consumer Behavior
Strong demand for networking and unified communication products is driving the current 21% revenue growth trajectory.
Geopolitical Risks
Export growth is under pressure due to evolving trade policies and a slowdown in global demand.
Regulatory & Governance
Industry Regulations
Complies with Indian Accounting Standards (Ind AS) and the Companies Act, 2013. Segment disclosures follow Ind AS 108.
Taxation Policy Impact
Effective tax rate for H1 FY26 was approximately 25.5% (INR 3.10 Cr tax on INR 12.15 Cr PBT).
Legal Contingencies
No non-compliance, penalties, or strictures were imposed on the company by Stock Exchanges, SEBI, or any statutory authority during the last three years.
Risk Analysis
Key Uncertainties
Forex volatility and rising operational costs (sales promotion) are key risks that could squeeze the current 3.26% PAT margin.
Geographic Concentration Risk
Revenue is currently concentrated in India; international expansion in Dubai is pending funding.
Third Party Dependencies
93% of revenue is dependent on five key brand partners (Samsung, Netgear, Arbor, D-Link, Kramer).
Technology Obsolescence Risk
Mitigated by partnering with global technology leaders and focusing on the latest technology know-how in networking and security.
Credit & Counterparty Risk
Receivables quality is managed through prudent provisioning and effective working capital management.
