DARJEELING INDUSTRIIES LIMITED

About

Darjeeling Industriies Limited trades in agricultural activities on a works contract basis in India. The company was formerly known as Darjeeling Ropeway Company Limited and change its name to Darjeeling Industriies Limited in January 2026. The company was incorporated in 1936 and is based in Rajkot, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	1.46	0.75	2.55	1.80	0.00	0.00	0.00	0.00	0.91	0.00	0.00	0.00	0.00
Expenses	1.06	0.56	1.11	0.77	0.15	0.51	0.05	0.10	0.49	0.02	0.00	0.01	0.02
Operating Profit	0.40	0.19	1.44	1.03	-0.15	-0.51	-0.05	-0.10	0.42	-0.02	0.00	-0.01	-0.02
OPM %	27.40	25.33	56.47	57.22	—	—	—	—	46.15	—	—	—	—
Other Income	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.04	0.04	0.03	0.03	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.40	0.16	1.40	1.00	-0.18	-0.52	-0.05	-0.10	0.42	-0.02	0.00	-0.01	-0.02
Tax %	25.00	56.25	25.00	25.00	0.00	-19.23	0.00	0.00	26.19	0.00	—	0.00	0.00
Net Profit	0.30	0.07	1.05	0.75	-0.17	-0.42	-0.05	-0.10	0.31	-0.02	0.00	-0.01	-0.01
EPS in Rs	0.38	0.09	2.16	2.46	-0.56	-1.38	-0.16	-0.33	1.02	-0.07	0.00	-0.03	-0.03

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	4.46	0.91	0.00	0.00	0.00	0.26	0.28	4.89	0.98	0.47	1.39	1.25
Expenses	2.59	1.06	0.04	0.07	0.09	0.07	0.29	4.47	0.31	0.11	1.52	1.20
Operating Profit	1.87	-0.15	-0.04	-0.07	-0.09	0.19	-0.01	0.42	0.67	0.36	-0.13	0.05
OPM %	41.93	-16.48	—	—	—	73.08	-3.57	8.59	68.37	76.60	-9.35	4.00
Other Income	0.65	0.00	0.00	0.07	0.28	0.00	0.00	0.83	0.04	0.01	0.00	0.00
Interest	0.00	0.10	0.00	0.00	0.14	0.18	0.00	0.02	0.02	0.00	0.00	0.00
Depreciation	0.13	0.01	0.00	0.00	0.02	0.02	0.02	0.00	0.00	0.00	0.00	0.03
Profit before tax	2.39	-0.26	-0.04	0.00	0.03	-0.01	-0.03	1.23	0.69	0.37	-0.13	0.02
Tax %	28.87	3.85	0.00	—	0.00	0.00	0.00	28.46	21.74	18.92	0.00	100.00
Net Profit	1.70	-0.27	-0.04	0.00	0.04	-0.01	-0.03	0.88	0.54	0.30	-0.13	0.00
EPS in Rs	2.16	-0.89	-0.13	0.00	0.13	-0.03	-0.10	2.89	1.77	0.98	-0.43	0.00
Dividend Payout %	0.00	0.00	0.00	—	0.00	0.00	0.00	8.66	0.00	0.00	0.00	—

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	7.86	3.05	3.05	3.05	3.05	3.05	3.05	3.05	3.05	3.05	3.05	3.05
Reserves	7.62	1.73	1.98	1.84	1.84	1.81	1.81	1.84	1.06	0.51	0.22	0.36
Borrowings	0.00	1.26	4.18	0.18	1.57	1.62	1.82	0.64	0.17	0.00	0.00	0.00
Other Liabilities	6.52	6.24	0.18	0.35	0.46	0.56	0.56	5.31	0.16	0.66	0.00	1.03
Total Liabilities	22.00	12.28	9.39	5.42	6.92	7.04	7.24	10.84	4.44	4.22	3.27	4.44
Fixed Assets	6.75	0.56	0.00	0.00	0.00	0.02	0.04	0.05	0.26	0.26	0.00	0.00
CWIP	0.26	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.32	1.05	0.65	0.58
Other Assets	14.99	11.72	9.39	5.42	6.92	7.02	7.20	10.79	3.86	2.91	2.62	3.86
Total Assets	22.00	12.28	9.39	5.42	6.92	7.04	7.24	10.84	4.44	4.22	3.27	4.44

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-5.29	12.10	-4.50	-0.18	-0.32	-0.19	0.70	-0.32	1.68	0.20	-0.56	-1.67
Cash from Investing Activity	-3.51	-7.85	-0.49	0.00	0.00	0.00	0.00	0.53	1.59	-0.46	-0.06	-0.38
Cash from Financing Activity	7.74	-2.92	4.00	1.18	0.32	0.26	-0.79	-0.43	-3.09	0.35	-0.11	2.84
Net Cash Flow	-1.06	1.32	-0.99	1.00	0.00	0.07	-0.09	-0.23	0.17	0.09	-0.72	0.79
Free Cash Flow	-6.45	11.53	-4.50	-0.18	-0.32	-0.19	0.70	-0.37	1.68	0.20	-0.56	-1.67
CFO/OP %	-283.00	-8,060.00	11,700.00	243.00	344.00	-89.00	-7,100.00	-10.00	270.00	75.00	408.00	-3,320.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	354.36	0.00	—	—	—	112.31	104.29	410.53	37.24	372.77	105.04	840.96
Inventory Days	179.34	231.46	—	—	—	—	—	—	0.00	—	0.00	0.00
Days Payable	173.01	0.00	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	360.69	231.46	—	—	—	112.31	104.29	410.53	37.24	372.77	105.04	840.96
Working Capital Days	268.43	-2,045.60	—	—	—	5,699.62	3,363.21	395.60	1,303.57	1,623.09	666.98	592.76
ROCE %	22.21	-2.10	-0.56	0.00	2.63	2.58	-0.49	25.48	18.11	10.83	-3.89	1.05

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	3.22	3.22	5.21	8.29	8.29	8.29	8.29	8.29	8.29	8.29	8.29	8.29
FIIs	0.00	0.49	0.82	1.31	2.62	2.62	3.28	3.28	0.00	0.00	0.00	0.00
Public	96.79	96.29	93.96	90.40	89.09	89.10	88.42	88.44	91.71	91.71	91.71	91.71
No. of Shareholders	2,892	2,824	2,875	2,945	2,996	3,004	2,963	2,975	3,122	3,120	3,074	3,074