DCM Financial Services Limited (DCMFINSERV)
₹4.92 -6.64% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, DCM Financial's revenue was ₹0.0 Cr, and net profit ₹-0.2 Cr (a smaller loss than a year earlier).
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | — | — |
| Operating profit | ₹-0.4 | loss widened | loss widened |
| Net profit | ₹-0.2 | loss narrowed | loss widened |
| EPS (₹) | -0.08 | loss narrowed | loss widened |
DCMFINSERV delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 100.0% of the DCMFINSERV shares traded on NSE were taken to delivery, against the stock's own 20-session average of 80.59%. That is higher than usual for this stock. Turnover was under ₹1 lakh, so a handful of trades can move this figure. Volume was 0.1 times its average, well below normal.
Delivery in the last 5 sessions: 85.7% · 100.0% · 100.0% · 100.0% · 100.0%
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
DCM Financial Services has announced the closure of its trading window for Designated Persons and their immediate relatives starting October 1, 2026. The closure is in compliance with SEBI Insider Trading Regulations for the quarter and half-year ended September 30, 2026. The trading window will reopen 48 hours after the declaration of the unaudited standalone and consolidated financial results. The company reported zero revenue and a net loss of Rs 0.19 crore in Q1 FY27, with total net worth standing at negative Rs 51 crore.
- Trading window closes effective October 1, 2026
- Closure applies to Designated Persons and their immediate relatives
- Trading window reopens 48 hours after board meeting for Q2 FY27 results approval
- Governed under SEBI (Prohibition of Insider Trading) Regulations, 2015
DCM Financial Services Limited has submitted copies of newspaper advertisements published pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015. The advertisements relate to the notice of the company's 35th Annual General Meeting (AGM) scheduled for September 24, 2026. The notices were released in Financial Express (English) and Jansatta (Hindi). This is a statutory administrative disclosure with no immediate operational or financial impact.
- 35th Annual General Meeting of the company scheduled to take place on September 24, 2026
- Statutory newspaper publication completed under Regulation 47 of SEBI LODR Regulations
- Notices published in Financial Express (English edition) and Jansatta (Hindi edition)
DCM Financial Services Limited has released newspaper advertisements regarding the notice for its 35th Annual General Meeting (AGM) scheduled to take place on September 24, 2026. The notice was published in the Financial Express (English) and Jansatta (Hindi) editions in compliance with Regulation 47 of SEBI LODR Regulations. The filing is procedural in nature and contains no material updates on operational or financial performance for the company, which reported nil revenue and a net loss of ₹1.03 crore in FY26.
- 35th Annual General Meeting scheduled for September 24, 2026
- Notice published in Financial Express (English) and Jansatta (Hindi)
- Filing submitted under Regulation 47 of SEBI LODR Regulations, 2015
DCM Financial Services Limited has announced that its 35th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 01:00 PM in New Delhi. The Board has approved the Directors' Report for the financial year ended March 31, 2026. The cut-off date for determining shareholders eligible for e-voting has been fixed as Friday, September 18, 2026. The e-voting window will open on September 21, 2026, and close on September 23, 2026.
- 35th Annual General Meeting scheduled for September 24, 2026 at 01:00 PM
- Cut-off date for shareholder e-voting fixed as September 18, 2026
- E-voting window open from September 21, 2026 (09:00 AM) to September 23, 2026 (05:00 PM)
- Approved Board Report for the financial year ended March 31, 2026
- Appointed M/s. Jain P & Associates as scrutinizer for the AGM voting process
DCM Financial Services has approved the notice for its 35th Annual General Meeting (AGM), scheduled for Thursday, September 24, 2026, at 01:00 PM in New Delhi. The board has established Friday, September 18, 2026, as the record/cut-off date for e-voting eligibility. The remote e-voting window will run from September 21, 2026 (09:00 AM) to September 23, 2026 (05:00 PM). M/s. Jain P & Associates has been appointed as the scrutinizer for the e-voting and ballot process.
- 35th AGM scheduled to be held on September 24, 2026, at 01:00 PM
- E-voting cut-off date fixed as September 18, 2026
- E-voting period opens September 21, 2026 (09:00 AM) and closes September 23, 2026 (05:00 PM)
- Board approved the Directors' Report for the financial year ended March 31, 2026
DCM Financial Services has published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in national and regional newspapers. This follows the board's approval of the results on August 11, 2026. The company continues to face severe financial distress, characterized by zero operational revenue and a deeply negative net worth of Rs -51 Cr. This filing is a standard regulatory requirement under SEBI (LODR) Regulations and does not reflect a change in business fundamentals.
- Board meeting to approve Q1 FY27 results was held on August 11, 2026, concluding at 05:00 P.M.
- Results published in Financial Express (English) and Jansatta (Hindi) on August 13, 2026.
- Company reports a negative net worth of Rs -51 Cr against a small market capitalization of Rs 12 Cr.
- TTM revenue remains at Rs 0 Cr, indicating a lack of core business operations.
- Total debt stands at Rs 69 Cr, significantly exceeding the company's total market value.
DCM Financial Services has appointed Ms. Snehlata Kaim as an Additional Independent Director for a five-year term effective August 11, 2026. This appointment follows the resignation of Ms. Richa Kathuria on the same date due to other professional commitments. The company continues to operate under significant financial stress, reporting zero revenue for FY26 and a negative net worth of Rs -51 Cr. The board has also reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship committees to include the new appointee.
- Appointment of Ms. Snehlata Kaim for a 5-year term ending August 11, 2031
- Resignation of Ms. Richa Kathuria effective August 11, 2026, citing professional commitments
- Company reported TTM revenue of Rs 0 Cr and a net loss of Rs -1 Cr
- Financial position remains strained with a negative net worth of Rs -51 Cr and debt of Rs 69 Cr
DCM Financial Services has announced the resignation of Ms. Richa Kathuria as an Independent Director effective August 11, 2026, due to professional commitments. To fill the vacancy, the board appointed Ms. Snehlata Kaim as an Additional Independent Director for a five-year term ending August 11, 2031. The company remains in significant financial distress, reporting zero revenue for FY26 and a negative net worth of Rs -51 Cr. The board also reconstituted its Audit, Nomination, and Stakeholders committees to include the new appointee.
- Resignation of Ms. Richa Kathuria as Independent Director effective August 11, 2026.
- Appointment of Ms. Snehlata Kaim for a 5-year term until August 11, 2031.
- Company reported TTM revenue of Rs 0 Cr and a net loss of Rs 1 Cr.
- Debt levels remain high at Rs 69 Cr against a negative net worth of Rs -51 Cr.
- Reconstitution of Audit, Nomination and Remuneration, and Stakeholders Relationship Committees effective August 11, 2026.
DCM Financial Services has announced the resignation of Independent Director Ms. Richa Kathuria, effective August 11, 2026, due to other professional commitments. To fill the vacancy, the board appointed Ms. Snehlata Kaim as an Additional Independent Director for a five-year term until August 11, 2031. The company remains in significant financial distress, reporting zero revenue for FY26 and a negative net worth of Rs 51 Cr. The board also reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship committees following these changes.
- Ms. Snehlata Kaim appointed as Additional Independent Director for a 5-year term starting August 11, 2026.
- Ms. Richa Kathuria resigned from the board and all committee memberships effective August 11, 2026.
- Company reported Rs 0 Cr revenue for the TTM period and a net loss of Rs 1 Cr.
- Net worth remains deeply negative at Rs -51 Cr against a debt of Rs 69 Cr.
- Board committees including Audit and NRC were reconstituted effective August 11, 2026.
DCM Financial Services approved its Q1 FY27 results and provided updates on a long-standing legal dispute with NBCC Ltd. involving a ₹2.88 Cr claim. The company reported total financial indebtedness of ₹16.27 Cr, which is significant compared to its ₹11 Cr market capitalization and negative net worth of -₹51 Cr. An arbitration award from FY21 granted DCM ₹78.97 lakhs and NBCC ₹41.06 lakhs, but both parties have challenged this in the Delhi High Court. The company continues to operate with zero TTM revenue and persistent losses.
- Total financial indebtedness reported at ₹16.27 Cr as of June 30, 2026, including ₹16.02 Cr in unlisted debt securities.
- Ongoing legal dispute with NBCC Ltd. involves a claim of ₹288.29 lakhs (₹2.88 Cr) related to office premises purchased in 1995.
- Arbitration award in FY21 granted DCM ₹78.97 lakhs against its counter-claim of ₹3,269.50 lakhs.
- NBCC was awarded ₹41.06 lakhs against its original claim of ₹434.95 lakhs.
- Interest at 10% per annum is payable by both parties on their respective awarded amounts, pending High Court resolution.
DCM Financial Services approved its un-audited financial results for the quarter ended June 30, 2026. The company reported a total financial indebtedness of ₹16.27 Cr, with ₹16.02 Cr tied to unlisted debt securities (NCDs). A significant legal dispute with NBCC Ltd regarding office premises remains pending in the Delhi High Court, involving a claim of ₹2.88 Cr. Given the company's negative net worth of ₹-51 Cr and zero TTM revenue, the outcome of this litigation and debt management are critical for its survival.
- Total financial indebtedness reported at ₹16.27 Cr as of August 11, 2026.
- Unlisted debt securities (NCDs and NCRPS) constitute the bulk of debt at ₹16.02 Cr.
- Ongoing litigation with NBCC Ltd involves a disputed claim of ₹288.29 Lacs (₹2.88 Cr).
- Arbitration award previously granted DCM ₹78.97 Lacs and NBCC ₹41.06 Lacs, both subject to 10% interest.
- Company continues to operate with a deeply negative net worth of ₹-51 Cr.
DCM Financial Services Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, provided by MCS Share Transfer Agent Limited, confirms that all securities received for dematerialization during the quarter ended June 30, 2026, were processed within the required 15-day timeframe. This involves the cancellation of physical certificates and the substitution of the depository's name in the company's records. This is a standard administrative filing required for all listed entities in India.
- Compliance certificate covers the quarter ended June 30, 2026
- Confirms processing of dematerialization requests within 15 days of receipt
- Certificate issued by Registrar and Share Transfer Agent (RTA) MCS Share Transfer Agent Limited on July 2, 2026
- Verification confirms that securities are listed on the Stock Exchanges where earlier securities were listed
DCM Financial Services Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting July 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations for the upcoming review of quarterly financial results. The window will remain closed until 48 hours after the board meeting concludes for the approval of unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. This is a standard regulatory procedure to prevent insider trading ahead of financial disclosures.
- Trading window closure for designated persons begins on July 1, 2026.
- Closure pertains to the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- The window will reopen 48 hours after the official board meeting results are announced.
- Compliance follows SEBI (Prohibition of Insider Trading) Regulations, 2015.
DCM Financial Services Limited has released its audited financial results for the fiscal year ending March 31, 2026. The company reported a standalone total income of ₹43.95 Lakhs, a modest increase from ₹39.72 Lakhs in the previous fiscal. Net profit for the year improved slightly to ₹11.23 Lakhs from ₹10.28 Lakhs in FY25. Despite the marginal growth, the company remains a very small player in the financial services sector with limited operational scale and low liquidity.
- FY26 Standalone Total Income increased to ₹43.95 Lakhs from ₹39.72 Lakhs in FY25.
- Net Profit for the full year FY26 stood at ₹11.23 Lakhs compared to ₹10.28 Lakhs in the previous year.
- Standalone Total Assets reported at ₹1,428.52 Lakhs as of March 31, 2026.
- Basic and Diluted Earnings Per Share (EPS) for the year ended March 2026 is nominal at ₹0.05.
DCM Financial Services reported a net loss of ₹102.27 lakhs for FY26, with accumulated losses swelling to ₹9,336.30 lakhs. The statutory auditors have issued a qualified opinion, noting that the company's total liabilities exceed its total assets by ₹5,114.08 lakhs. The company currently has no active business operations following the RBI's rejection of its NBFC registration in 2004, and its survival depends entirely on a court-monitored restructuring scheme. Furthermore, the company failed to provide for ₹1,683 lakhs in interest liabilities owed to depositors and debenture holders.
- Net loss of ₹102.27 lakhs for the year ended March 31, 2026, with total accumulated losses reaching ₹9,336.30 lakhs.
- Total liabilities exceed total assets by ₹5,114.08 lakhs, leading to a material uncertainty regarding the company's status as a going concern.
- Auditors highlighted a non-provision of ₹1,683 lakhs in interest due to debenture holders and fixed depositors.
- The company is not conducting any business operations and its application for NBFC registration remains rejected by the RBI.
- Significant legal disputes continue, including a ₹288.29 lakh claim with NBCC and ongoing proceedings under a One-Man Committee appointed by the Delhi High Court.
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment (Financial Services). For the half-year ended September 30, 2025 (H1 FY26), the company reported a consolidated Profit Before Tax (PBT) loss of INR 66.16 Lakhs, a 281.96% decrease compared to a profit of INR 36.36 Lakhs in H1 FY25.
Profitability Margins
Profitability is under significant pressure; the company reported a net loss for H1 FY26. Industry-wide, NBFC return on average managed assets (RoMA) is projected to decline by 30-50 bps in FY2025-FY2026 due to elevated credit costs and slowing growth.
EBITDA Margin
Not explicitly disclosed, but consolidated PBT was negative INR 66.16 Lakhs for H1 FY26. Finance costs for the period were INR 7.33 Lakhs, down 45.9% from INR 13.55 Lakhs in H1 FY25.
Capital Expenditure
Historical capital expenditure for H1 FY26 was INR 0, as the consolidated cash flow statement shows zero proceeds or purchases for property, plant, and equipment, investment property, and intangible assets.
Credit Rating & Borrowing
The company has non-current borrowings of INR 207.70 Lakhs as of September 30, 2025. Specific credit ratings and interest rate percentages were not disclosed.
Operational Drivers
Raw Materials
As a financial services company, the primary 'raw material' is capital and liquidity. The cost of funds is a critical driver, with finance costs totaling INR 7.33 Lakhs for H1 FY26.
Capacity Expansion
The company's capacity is linked to credit expansion. Overall NBFC credit stood at Rs. 52 trillion in December 2024 and is projected to exceed Rs. 60 trillion by FY2026.
Raw Material Costs
Finance costs (cost of capital) represented a significant operational expense, though they decreased by 45.9% YoY to INR 7.33 Lakhs in H1 FY26.
Strategic Growth
Expected Growth Rate
16-18%
Growth Strategy
The company aims to achieve growth by reviving asset quality and focusing on the MSME sector. It is implementing a digital strategy to reach unbanked customers through retail asset-backed lending and microfinance, leveraging its rural network.
Products & Services
Retail asset-backed lending, lending against securities, and microfinance services.
Brand Portfolio
DCM Financial Services, Global IT Options Limited (subsidiary).
Market Expansion
The company is positioned to compete for new banking licenses due to its extensive rural network.
Strategic Alliances
The company consolidates Global IT Options Limited as a subsidiary.
External Factors
Industry Trends
NBFC credit expansion is moderating to 13-15% in FY2025-FY2026 from 17% previously. Retail assets, a key driver, are slowing to a 16-18% CAGR from 23% due to high base effects and overleveraging concerns.
Competitive Landscape
Intense rivalry exists between large players, with competition centered on interest rates and the reputation of financial services providers.
Competitive Moat
The company's moat is its rural network, which provides a competitive advantage for future banking licenses and reaching unbanked retail customers.
Macro Economic Sensitivity
Highly sensitive to government reforms; the Rs. 20 lakh crore package (10% of nominal GDP) providing subordinated debt and equity support to MSMEs directly impacts the company's target market.
Consumer Behavior
Customers increasingly prefer reputed financial services companies that offer a wide range of integrated services.
Regulatory & Governance
Industry Regulations
Operations are governed by RBI guidelines on capital requirements, provisioning norms, and enhanced disclosure requirements, which are expected to benefit the sector long-term.
Taxation Policy Impact
The company reported zero current tax liabilities as of September 30, 2025.
Legal Contingencies
The company faces a significant legal matter involving INR 1,950.00 Lakhs deposited with the Delhi High Court (2011-2012) on behalf of promoters; no financial impact has been recorded pending court clarity. Additionally, a dispute with NBCC involving an award from December 2020 remains in the Delhi High Court.
Risk Analysis
Key Uncertainties
Uncertainty regarding the INR 1,950 Lakhs promoter contribution and the outcome of the NBCC legal dispute pose significant financial risks.
Technology Obsolescence Risk
The company is mitigating technology risks by focusing on a digital strategy to maintain competitiveness.
Credit & Counterparty Risk
Rising delinquencies, particularly in unsecured loan segments, pose a risk to asset quality as growth slows.