Board approves Q2 consolidated results; profit for the period Rs. 13.54 crore
DAM Capital Advisors' board met on November 3, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 54.24 | 107.05 | −49.3% | 29.86 | +81.6% |
| Total income | 54.25 | 107.05 | −49.3% | 29.97 | +81% |
| Profit before tax | 18.42 | 70.00 | −73.7% | 0.29 | — |
| Profit after tax | 13.54 | 52.15 | −74% | 0.15 | — |
| Total comprehensive income | 13.32 | 51.96 | −74.4% | 0.16 | — |
| Basic EPS | 1.92 | 7.38 | −74% | 0.02 | — |
- Profit after tax YoY change
- −74%
- Period
- September 30, 2026 (Unaudited)
Also decided at the meeting
- Approved appointment of Mr. Kishor Purshottam Thakkar (DIN: 00025021) as Independent Director for 5 years from December 14, 2026 to December 13, 2031, subject to exchange, clearing corporation and shareholder approval.
- Noted that Mr. Rajendra Chitale (DIN: 00015986) completes his second term as Independent Director and ceases to be a Director from close of business hours on December 14, 2026.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Mr. Dhvanil Sanjiv Dharia (DIN: 10698428) has been appointed as an Additional and Whole-Time Director for a five-year term effective August 11, 2026, following exchange and shareholder approvals.
- IDFC Securities Singapore Pte. Ltd, a wholly-owned subsidiary, was dissolved and liquidated on November 16, 2021; application shared for removal of Unique Document Identification Number.
What the board approved
- The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- The appointment of Mr. Kishor Purshottam Thakkar (DIN: 00025021) as an Independent Director, not liable to retire by rotation, for a term of 5 consecutive years with effect from December 14, 2026 till December 13, 2031, subject to approval of the Exchanges, Clearing Corporations and Shareholders.
- The board noted that Mr. Rajendra Chitale (DIN: 00015986), Independent Director, completes his second term on December 14, 2026 and ceases to be a Director with effect from close of business hours on that date.
Key consolidated numbers (as printed, in Rs. crore)
- Total income: 54.25 for the quarter ended September 30, 2026.
- Profit for the period: 13.54 for the same quarter.
- Total income: 84.22 for the half year ended September 30, 2026.
- Profit for the period: 13.69 for the same half year.
- Total assets: 486.00 as at September 30, 2026, against 453.15 as at March 31, 2026.
Auditor's review
- The review was carried out by KKC & Associates LLP. Its conclusion is that nothing has come to its attention that causes it to believe the statement does not disclose the information required under Regulation 33, or that it contains any material misstatement.
- Under "Other Matters", the auditor states the statement includes financial information of two subsidiaries not reviewed by their respective auditors; in aggregate these reflect total assets of Rs. 6.97 crores. Management has told the auditor these results are not material to the Group, and the conclusion is not modified on this account.
- A wholly owned subsidiary, IDFC Securities Singapore Pte. Ltd., was dissolved and liquidated with effect from 16 November 2021; an application has been shared with the Reserve Bank of India for cancellation of its Unique Document Identification Number.
About the incoming independent director
- He is a Commerce Graduate from Mumbai University and is one of the founders and Managing Director of MUFG Intime India Private Limited, a registrar and transfer agent for more than 1600 listed and more than 29,000 unlisted companies serving more than 14.5 crore investors.
- He was Vice Chairman of the Registrars' Association of India (RAIN) for six years.
- The update confirms he is not debarred from holding the office of director by virtue of any SEBI order or any such authority, and that he is not related to any Director or Key Managerial Person of the Company.
How to read this
- The announcement is a routine board outcome: reviewed, unaudited numbers plus an independent director joining as another completes his second and final term.
- The auditor's conclusion is unmodified, which means the review did not flag a disagreement with how the numbers are presented; the two unreviewed subsidiaries are disclosed as a point of information.
- Board composition changes of this kind are part of normal governance and are shown here with the exact dates of the changeover.
Also from DAM Capital Advisors
Chitale to cease as independent director on Dec 14; board approves Kishor Thakkar for 5-year term
3 Nov 2026
DAM Capital Advisors Ltd press release, Q2 FY27
3 Nov 2026
DAM Capital Q2 FY27: total income ₹ 54.3 Cr, profit after tax ₹ 13.5 Cr
3 Nov 2026
More numbers
- Total income - consolidated, half year ended Sep 30, 202684.22
- Profit for the period - consolidated, half year ended Sep 30, 202613.69
- Total assets - consolidated as at Sep 30, 2026486.00
- Independent Director appointment term5 (five) consecutive years
- Total assets of two subsidiaries not reviewed by their auditorsRs. 6.97 crores
- Total income, latest quarter54.25 (₹ in crores)
- Total income, year-ago quarter107.05 (₹ in crores)
- Total income, previous quarter29.97 (₹ in crores)
- Total comprehensive income, latest quarter13.32 (₹ in crores)
- Total comprehensive income, year-ago quarter51.96 (₹ in crores)
- Total comprehensive income, previous quarter0.16 (₹ in crores)
- Profit after tax, latest quarter13.54 (₹ in crores)
- Profit after tax, year-ago quarter52.15 (₹ in crores)
- Profit after tax, previous quarter0.15 (₹ in crores)
- Revenue from operations, latest quarter54.24 (₹ in crores)
- Revenue from operations, year-ago quarter107.05 (₹ in crores)
- Revenue from operations, previous quarter29.86 (₹ in crores)
- Profit before tax, latest quarter18.42 (₹ in crores)
- Profit before tax, year-ago quarter70.00 (₹ in crores)
- Profit before tax, previous quarter0.29 (₹ in crores)
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