Dcm Limited (DCM) · mywealthgrid

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About

DCM Limited provides IT Enabled Services within the broader IT services sector. The company has a market capitalization of ₹153.49 Cr and operates with a debt-free capital structure. Recent quarters show two distinct operating segments with significantly different scale and performance characteristics.

Face value: ₹10

Market cap

₹136 Cr

P/E

111.6×

P/B

2.9×

Dividend yield

ROE

6.5%

ROCE

2.2%

Debt / equity

OPM

1.6%

EPS (TTM)

₹0.7

Book value

₹25.0

52-week high

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52-week low

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Key insights

Company research notes and source-linked reviews

Key risks

Extreme margin volatility: operating margin of 1.64% overall masks quarterly swings to -425%, -3%, and -1.14%, with alternating quarters of profitability and loss
Profitability instability: net profit ranges from -₹3.63 Cr to +₹1.58 Cr across recent quarters with no clear trend
Valuation disconnect: PE of 125.81 against a trailing base of inconsistent or minimal earnings raises questions about what cash flows justify the current price
Market skepticism: FII holding at 0% and stock down 16.84% over one year; 52-week price range of ₹55.37–₹101.46 (1.83× spread) suggests high uncertainty about business viability

Generated analysis · source review pending

Growth drivers

Main operating segment generated ₹17.6–₹20.2 Cr revenue per quarter (Sep 2025–Jun 2026), providing a stable revenue base if margins can be restored
Debt-free balance sheet (D/E ratio of 0) allows capital deployment for growth or operations without refinancing pressure
A smaller segment currently near-zero revenue presents upside potential if brought to profitability—verify whether this is a nascent business line, legacy operation, or strategic investment requiring restructuring

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹72.8-2.9%1Y

Quick read

rule-based

Pros

+Strong return on equity of 34.8% (3-yr avg)
+Almost debt-free (debt/equity 0)

Cons

−Thin operating margin of 1.6%
−Modest revenue growth of 8.7% a year over the last 5 years
−Weak interest coverage of 1.1×
−Expensive at 111.6× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

22/100

Business quality: 21
Growth: 24
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	259	259	186	47	70	69	71	69	72
COGS	140	140	68	-0	0	0	2	0	0
Gross profit	119	119	118	—	—	—	69	—	—
	113	113	148	51	61	67	66	46	65
	6	6	-30	-4	9	2	3	23	6
OPM %	2.3%	2.3%	-16.3%	-8.1%	12.6%	3.3%	4.7%	33.2%	8.9%
Depreciation	9	9	13	9	8	7	5	4	4
Interest	8	8	11	9	6	2	2	2	1
	2	2	27	4	37	12	11	8	4
Profit before tax	-9	-9	-27	-17	32	5	8	25	5
Tax	-1	-1	2	0	2	3	2	3	2
Tax %	-6.6%	-6.6%	6.7%	2.5%	6.2%	52.4%	31.6%	10.9%	45.6%
	-8	-8	-29	-18	30	2	5	22	3
PAT margin %	-3.1%	-3.1%	-15.8%	-37.6%	43.2%	3.4%	7.3%	31.8%	4%
EPS (₹)	-4.3	-4.3	-15.7	-9.6	16.2	1.3	2.8	11.7	1.6
EPS adjusted (₹)	—	—	—	-9.6	16.2	1.3	2.8	11.7	1.6
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	19	19	19	19	19	19
Reserves	—	-7	-4	2	24	28
	—	23	0	0	0	0
	—	82	99	93	82	83
Total equity & liabilities	—	117	114	113	125	129
	52	43	35	34	31	28
CWIP	—	0	0	0	0	0
Investments	—	11	12	11	24	0
	—	63	67	68	70	101
Total assets	—	117	114	113	125	129

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3	18	18	3	1	-7
	-3	1	-3	-2	4	8
	-1	-15	-15	-1	-3	-1
Net cash flow	-1	4	-0	0	1	-0
Free cash flow	3	18	17	2	-0	-8
CFO / Operating profit %	—	504.1%	—	67.7%	21.6%	-600.9%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
IT Services	71.55	7.57	56.33	8.96	47.37	15.98
Grey Iron Casting	0.23	-6.25

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	45.9%	63.3%	—	—	—	97.7%	—	—
EBITDA margin %	4%	-13.9%	-6.1%	5.2%	1.6%	5.4%	4.3%	1.6%
EBIT margin %	0.6%	-20.7%	-25.6%	-6.4%	-8.4%	-1.2%	-1.7%	-3.4%
PAT margin %	-3.1%	-15.8%	-37.6%	43.2%	3.4%	7.3%	31.8%	4%
Working capital
Receivable days	—	—	—	80	63	82	75	98
Inventory days	—	—	—	58	63	2,086	43	39
Payable days	—	—	—	64	19	823	17	19
NWC days	—	—	—	75	107	1,345	101	119
Leverage
Current ratio	—	—	—	0.65	0.68	0.82	0.92	0.96
Debt to EBITDA	—	—	—	6.39	0	0	0	0
Debt to equity	—	—	—	1.95	0	0	0	0
Interest coverage	0.5	-1.1	-0.9	5.6	2.7	5	3.5	1.1
Asset turnover	—	—	—	0.6	0.61	0.63	0.55	0.56
Return ratios
Return on assets %	—	—	—	25.8%	2%	4.6%	17.5%	2.2%
Return on capital employed %	—	—	—	73.2%	12.5%	20.1%	11%	2.2%
Return on equity %	—	—	—	252.7%	15.6%	25%	51.1%	6.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	48.54%	48.54%	48.54%	48.54%	48.54%	48.54%	49.64%	49.64%	49.76%	49.88%	50.1%	50.1%
	0.01%	0.05%	0.05%	0.03%	0%	0.01%	0%	0.39%	0.18%	0%	0%	0%
	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%	3.36%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	48.09%	48.05%	48.05%	48.07%	48.1%	48.09%	47%	46.61%	46.7%	46.76%	46.54%	46.54%
No. of shareholders	—	—	—	—	—	—	—	—	24,505	24,318	24,035	23,475

Promoter holding up 1.56 percentage points since Sep 2023.

40 deals · 1 Oct 2021 – 10 Mar 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Mar 2026	MSPL LIMITED	Bulk	NSE	Sell	1,28,683	₹63.34	₹0.82 Cr
27 Feb 2025	NETIZEN PROPERTIES PRIVATE LIMITED	Bulk	NSE	Sell	1,95,870	₹99.98	₹1.96 Cr
27 Feb 2025	UNISON INTERNATIONAL IT SERVICES LIMITED	Bulk	NSE	Buy	1,57,000	₹100.00	₹1.57 Cr
13 Dec 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	3,11,859	₹135.54	₹4.23 Cr
13 Dec 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	3,11,859	₹135.73	₹4.23 Cr
13 Dec 2024	MUDUPULAVEMULA SURENDRANADHA REDDY	Bulk	NSE	Buy	2,99,871	₹135.43	₹4.06 Cr
13 Dec 2024	MUDUPULAVEMULA SURENDRANADHA REDDY	Bulk	NSE	Sell	2,99,871	₹135.09	₹4.05 Cr
13 Dec 2024	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED	Bulk	NSE	Sell	2,05,000	₹140.93	₹2.89 Cr
13 Dec 2024	YUGA STOCKS AND COMMODITIES PRIVATE LIMITED	Bulk	NSE	Buy	1,80,000	₹141.58	₹2.55 Cr
13 Dec 2024	SHREE NAMAN SECURITIES & FINANCE PRIVATE LIMITED	Bulk	NSE	Buy	1,41,834	₹137.35	₹1.95 Cr

1–10 of 40

1 / 4

Mr. Jitendra TuliNon-Executive - Non Independent Director-Chairperson
Mr. Vinay SharmaExecutive Director-MD
Mr. Sumant Bharat RamNon-Executive - Non Independent Director
Mrs. Kavita A SharmaNon-Executive - Independent Director
Mr. Aditya KatochNon-Executive - Independent Director
Mr. Shailendra SinghNon-Executive - Independent Director
Mr. Shayam Sunder SharmaNon-Executive - Non Independent Director
Mr. Yuv Bharat RamNon-Executive - Non Independent Director
Mr. Rahil Bharat RamNon-Executive - Non Independent Director
Mr. Ashwani Kumar SinghalChief Financial Officer
Ms. Sonal GuptaCompany Secretary & Compliance Officer

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Dcm Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

23 announcementsExport CSV

28 Sept 2026, 5:44 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	45.9%	63.3%	—	—	—	97.7%	—	—
EBITDA margin %	4%	-13.9%	-6.1%	5.2%	1.6%	5.4%	4.3%	1.6%
EBIT margin %	0.6%	-20.7%	-25.6%	-6.4%	-8.4%	-1.2%	-1.7%	-3.4%
PAT margin %	-3.1%	-15.8%	-37.6%	43.2%	3.4%	7.3%	31.8%	4%
Working capital
Receivable days	—	—	—	80	63	82	75	98
Inventory days	—	—	—	58	63	2,086	43	39
Payable days	—	—	—	64	19	823	17	19
NWC days	—	—	—	75	107	1,345	101	119
Leverage
Current ratio	—	—	—	0.65	0.68	0.82	0.92	0.96
Debt to EBITDA	—	—	—	6.39	0	0	0	0
Debt to equity	—	—	—	1.95	0	0	0	0
Interest coverage	0.5	-1.1	-0.9	5.6	2.7	5	3.5	1.1
Asset turnover	—	—	—	0.6	0.61	0.63	0.55	0.56
Return ratios
Return on assets %	—	—	—	25.8%	2%	4.6%	17.5%	2.2%
Return on capital employed %	—	—	—	73.2%	12.5%	20.1%	11%	2.2%
Return on equity %	—	—	—	252.7%	15.6%	25%	51.1%	6.2%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
L&T Technology Services LimitedLTTSLTTS	₹34,671 Cr	₹34,671 Cr	₹11,701 Cr	₹2,074 Cr	17.6%	₹1,320 Cr	11.7%	24.9%	20.4%	29
Inventurus Knowledge Solutions LimitedIKSIKS	₹30,483 Cr	₹31,124 Cr	₹3,347 Cr	₹1,149 Cr	34.2%	₹764 Cr	22.6%	33.8%	31.4%	39
Tata Technologies LimitedTATATECHTATATECH	₹28,378 Cr	₹29,044 Cr	₹5,926 Cr	₹920 Cr	15.5%	₹557 Cr	9.9%	19.3%	14.6%	33
Netweb Technologies India LimitedNETWEBNETWEB	₹25,721 Cr	—	₹724 Cr	₹103 Cr	14.2%	₹76 Cr	10.5%	—	—	—
Affle 3i LimitedAFFLEAFFLE	₹20,410 Cr	₹20,422 Cr	₹2,836 Cr	₹638 Cr	22.5%	₹478 Cr	16.8%	16.9%	13.8%	-51
Sagility LimitedSAGILITYSAGILITY	₹20,209 Cr	₹21,320 Cr	₹7,617 Cr	₹1,849 Cr	24.5%	₹993 Cr	12.9%	13.3%	10.3%	78
Esds Software Solution LimitedESDSESDS	₹16,809 Cr	—	₹208 Cr	₹47 Cr	22.9%	₹-22 Cr	-10.8%	0.8%	-10.9%	—
Black Box LimitedBBOXBBOX	₹14,134 Cr	₹14,961 Cr	₹6,654 Cr	₹614 Cr	9%	₹226 Cr	3.4%	21.7%	21.3%	-10
E2e Networks LimitedE2EE2E	₹13,323 Cr	₹13,482 Cr	₹366 Cr	₹234 Cr	51.4%	₹31 Cr	-6.3%	-0.5%	-1%	-45
Cyient LimitedCYIENTCYIENT	₹12,272 Cr	₹12,438 Cr	₹7,632 Cr	₹944 Cr	12.5%	₹378 Cr	6.4%	12.4%	7.8%	119
Amagi Media Labs LimitedAMAGIAMAGI	₹11,984 Cr	₹11,984 Cr	₹1,506 Cr	₹50 Cr	3.4%	₹72 Cr	4.8%	5.2%	4.1%	40
Emudhra LimitedEMUDHRAEMUDHRA	₹4,802 Cr	₹4,826 Cr	₹745 Cr	₹174 Cr	22.7%	₹115 Cr	15.7%	14.9%	13%	36

Date	Category	Subject	Filing
28 Sept 2026, 5:44 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
28 Sept 2026, 5:39 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
22 Sept 2026, 2:23 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
11 Sept 2026, 4:11 pm	Company Update General	Intimation Regarding Strike Off Of Wholly Owned Subsidiaries.	PDF
3 Sept 2026, 4:44 pm	Company Update General	Letter Dispatched To Shareholders Who Hold Shares In Physical Form And Whose KYC And Other Related Information (Including Email Addresses) Are Not Registered/Updated.	PDF
3 Sept 2026, 4:38 pm	Company Update General	Letter Dispatched To The Shareholders Who Hold Shares In Demat Form And Whose Email Ids Are Not Registered	PDF
3 Sept 2026, 2:14 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
2 Sept 2026, 7:14 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF

Dcm Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

9

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

GREY IRON CASTING · revenue

Dcm Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

Ratio timeline

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Dividends9

Board meetings1

Profit & loss

Balance sheet

Cash flow

Segment results

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

GREY IRON CASTING · revenue

9

1