Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY2025 (Unaudited) | Q3 FY2024 (Unaudited) | 9M FY2025 (Unaudited) | 9M FY2024 (Unaudited) |
|---|---|---|---|---|
| Revenue from Operations | (58.53) | 203.26 | 314.36 | 478.30 |
| Other Income | 7.24 | 37.66 | 48.38 | 104.98 |
| Profit & Loss on Sale of Investments | - | 96.91 | - | 631.66 |
| Total Income | (51.29) | 337.83 | 361.76 | 1,214.94 |
| Total Expenses | 16.62 | 42.53 | 88.84 | 164.10 |
| Profit Before Tax | (67.80) | 167.71 | 355.71 | 349.10 |
| Net Profit After Tax | (67.80) | 167.71 | 355.71 | 349.10 |
| EPS (₹) | (1.36) | 3.34 | 7.11 | 6.95 |
Performance Overview
- Revenue from Operations: The company reported a negative revenue from operations of ₹(58.53) lakh in Q3 FY2025, significantly lower compared to ₹203.26 lakh in Q3 FY2024.
- Total Income: A loss in operations was partially offset by other income, but total income declined to ₹(51.29) lakh in Q3 FY2025 from ₹337.83 lakh in Q3 FY2024.
- Expenses: The company maintained tight cost control, with expenses at ₹16.62 lakh in Q3 FY2025, down from ₹42.53 lakh in Q3 FY2024.
- Profitability: The company reported a net loss of ₹(67.80) lakh in Q3 FY2025 compared to a profit of ₹167.71 lakh in Q3 FY2024, largely due to lower revenue and investment gains.
- Earnings Per Share (EPS): EPS stood at ₹(1.36) in Q3 FY2025 compared to ₹3.34 in Q3 FY2024.
Balance Sheet Snapshot (As of December 31, 2024)
| Particulars | As of Dec 31, 2024 | As of Mar 31, 2024 |
|---|---|---|
| Total Assets | ₹26,33,69,130 | ₹24,65,14,073 |
| Equity Share Capital | ₹5,00,00,000 | ₹5,00,00,000 |
| Other Equity | ₹18,95,85,243 | ₹20,96,62,429 |
| Borrowings | ₹1,36,00,001 | ₹1,20,00,000 |
| Trade Receivables | ₹10,26,720 | ₹13,51,647 |
| Cash & Cash Equivalents | ₹1,52,51,998 | ₹47,81,964 |
Cash Flow Analysis
- Operating Activities: Net cash generated from operations stood at ₹106.13 lakh.
- Investing Activities: A net cash outflow of ₹(1.43) lakh was reported.
- Financing Activities: No new equity issuance or debt funding was undertaken.
- Closing Cash Balance: The company’s cash and cash equivalents increased to ₹152.52 lakh as of December 31, 2024.
Management Commentary
Ajit Kochar, Director, Daulat Securities Limited, stated: "The current quarter has been challenging due to market volatility and reduced investment income. We are taking strategic steps to stabilize revenue streams and optimize our portfolio. Despite the downturn in operating revenue, our liquidity position remains strong, and we are confident in navigating market fluctuations."Auditor's Review
P.D. Randar & Co., the company’s statutory auditors, conducted a limited review and confirmed compliance with SEBI regulations. The report found no material misstatements in the financial statements.Outlook
Daulat Securities aims to diversify revenue streams and improve operational efficiency. The company remains optimistic about medium-term prospects, despite short-term challenges in the stock broking and depository services segment.This financial report underscores the importance of strategic investment decisions and cost control measures in the current economic environment. Investors will closely monitor upcoming quarters for signs of recovery and improved profitability.
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