Capital Markets company DAM Capital Advisors announced Q4FY26 & FY26 results Standalone Financial Highlights: Revenue from Operations: For FY26, revenue was Rs 236.91 crore, down from Rs 248.13 crore in the previous year. For Q4FY26, revenue stood at Rs 29.23 crore, compared to Rs 36.56 crore in Q4FY25 and Rs 69.94 crore in Q3FY26. Profit After Tax (PAT): For FY26, PAT was Rs 72.51 crore, compared to Rs 103.64 crore for the previous year. For Q4FY26, PAT was Rs 0.26 crore, compared to Rs 8.48 crore in Q4FY25 and Rs 19.98 crore in Q3FY26. Earnings Per Share (EPS): Basic and Diluted EPS for FY26 were Rs 10.26, compared to Rs 14.66 in FY25. Consolidated Financial Highlights: Revenue from Operations: For FY26, revenue was Rs 237.11 crore, compared to Rs 248.35 crore for FY25. For Q4FY26, revenue stood at Rs 29.27 crore, compared to Rs 36.61 crore in Q4FY25 and Rs 69.94 crore in Q3FY26. Profit After Tax (PAT): For FY26, PAT was Rs 72.69 crore, compared to Rs 103.78 crore in the previous year. For Q4FY26, PAT was Rs 0.25 crore, compared to Rs 8.50 crore in Q4FY25 and Rs 20.06 crore in Q3FY26. Earnings Per Share (EPS): Basic and Diluted EPS for FY26 were Rs 10.28, compared to Rs 14.68 in FY25. Business Highlights: Dividend: The Board recommended a Final Dividend of Re 1 per equity share (face value of Rs 2 each) for FY26. Fund Raising: The Board is seeking enabling authorization from shareholders to raise funds up to Rs 3,000 crore through the issuance of equity shares or equity-linked instruments via a Qualified Institutions Placement (QIP) or follow-on public offer. Leadership Appointments: Mr. Dharmesh Anil Mehta was re-appointed as Managing Director and Chief Executive Officer for a period of 5 years, effective June 10, 2026. Mr. Vijesh Bahu Thota was appointed as Chief Executive Officer (and ceased to be CFO). Mr. Asheesh Chaturvedi was appointed as the Chief Financial Officer (CFO), effective May 23, 2026. Mr. Jateen Doshi, Whole Time Director, will complete his tenure on June 9, 2026. He will continue in his role as Head of Institutional Equities and Business Development. Internal Audit: The Board approved the appointment of PricewaterhouseCoopers Services LLP (PwC) as the Internal Auditor for FY27. Statutory Audit: M/s Paresh Rakesh & Associates LLP were appointed as Statutory Auditors to fill a casual vacancy, and the Board recommended the appointment of M/s Sharp and Tannan, Chartered Accountants, as Statutory Auditors from the 35th AGM until the 40th AGM. ESOP Scheme: The Board ratified and approved amendments to the "DAM Capital Employee Stock Option Scheme 2024," subject to shareholders' approval. Labour Codes Impact: The company recognized an incremental impact on employee benefit obligations for gratuity amounting to Rs 0.63 crore due to the new Labour Codes (effective November 21, 2025). Dharmesh Mehta, Managing Director & CEO, said: “In FY26, the capital markets environment was challenging amid the global tariff concerns, heightened geopolitical tensions and the on-going war related uncertainties, which resulted in elevated market volatility and cautious investor sentiment. Fund-raising activity across the market remained muted, with IPO launches in the last quarter of FY26 at one of the lowest levels seen in recent periods, reflecting the broader slowdown in the equity capital markets activity. Our Institutional Equities business also got impacted due to market volatility. We continue our efforts to scale up the business and increase our market share, driven by strong client relationships and depth of research, to deliver consistent value across segments. During the quarter, we won several large marquee mandates, which further reinforces our leadership position in the Indian capital markets ecosystem. We also continue to maintain a robust pipeline of 25 IPO mandates and several QIP and advisory transactions, providing strong visibility for future growth once market conditions improve. Looking ahead, we continue to explore avenues to diversify our revenue streams by expanding into additional fee-based businesses. This initiative is intended to complement our existing capital markets and institutional equities platforms, creating sustainable, longterm growth while maintaining a disciplined approach to capital allocation. Due to the inherently cyclical and volatile nature of capital markets, our business performance is best evaluated over a long-term investment horizon, rather than on a quarter-to-quarter basis. With a strong pipeline, diversified platform and disciplined execution approach, we remain agile and well-positioned to capitalize on opportunities across both private and public markets as the fundraising environment gradually improves.” Result PDF

• Trendlyne
• 1 month 1 week ago

Capital Markets company DAM Capital Advisors announced Q3FY26 results Total Income stood at Rs 69.9 crore for Q3FY26 (down 32.8% YoY) and Rs 207.9 crore for 9MFY26 (down 2.7% YoY). Revenue from Merchant Banking stood at Rs 48.5 crore for Q3FY26 (down 39.7% YoY) and Rs 143.7 crore for 9MFY26 (up 2.9% YoY). Revenue from Broking Services stood at Rs 17.6 crore for Q3FY26 (down 13.6% YoY) and Rs 53.0 crore for 9MFY26 (down 16.7% YoY). Profit After Tax stood at Rs 20.1 crore for Q3FY26 (down 61.1% YoY) and Rs 72.4 crore for 9MFY26 (down 24% YoY). Return on equity (annualized for 9MFY26; not adjusted for excess cash) stood at 32.5%. Net cash available as on December 31, 2025, stood at Rs 309 crore vs Rs 241 crore as on December 31, 2024. Dharmesh Mehta, Managing Director & CEO, said: “In Q3FY26, the fund-raising environment was very selective and challenging owing to the nervousness in the small and midcap segments and macro-economic uncertainties both domestic and global. Despite the headwinds, during Q3FY26, we executed 5 transactions across products including 2 IPOs, a QIP, a Rights Issue and an M&A; advisory mandate, and raised ~Rs 4,376 crore, taking our cumulative ECM execution to 96 transactions since November 2019. This track record reinforces the strength of our franchise and our ability to deliver consistently across market cycles. We remain disciplined and selective in bringing strong, well-governed companies to the capital markets. This approach has helped us build and sustain a healthy pipeline of 22 IPO mandates, including 13 as Left Lead Banker and 7 Sole Banker IPOs, along with multiple QIP mandates at various stages, providing strong visibility while keeping our focus firmly on quality of execution rather than chasing volumes. Institutional Equities revenue this quarter (Q3FY26) was stable compared to last quarter (Q2FY26). Weaker market conditions, however, can impact volumes going forward. Volatile market conditions have resulted in delays for a few of our mandates. We are hoping for better market conditions to execute our existing IPO pipeline. Given the inherent volatility and cyclical nature of capital markets, our business is best evaluated over a disciplined three-to-five-year investment horizon. Our priorities remain unchanged: consistent execution, strengthening core platforms, prudent risk management through an asset-light model and delivering long-term value for all stakeholders.” Result PDF

• Trendlyne
• 4 months 3 weeks ago

DAM Capital is evaluating asset-light ancillary services that require minimal capital deployment and limited balance-sheet risk to diversify its revenue base.

• livemint
• 5 months 3 weeks ago