DCI - DC Infotech
📢 Recent Corporate Announcements
DC Infotech and Communication Limited participated in the Bharat Connect Conference: Rising Stars 2026 on March 11, 2026. The online event was organized by Arihant Capital to facilitate interaction between the company management and institutional investors. The company confirmed that the discussions were based on publicly available information and no unpublished price-sensitive information (UPSI) was shared. This interaction is part of the company's routine investor relations engagement.
- Management attended the Bharat Connect Conference: Rising Stars 2026 on March 11, 2026.
- The conference was organized by Arihant Capital and conducted via an online platform.
- Discussions focused on generally available information in compliance with SEBI Listing Regulations.
- No unpublished price-sensitive information (UPSI) was disclosed during the session.
DC Infotech and Communication Limited conducted a virtual one-on-one meeting with Lakshya Capital Management LLP on March 6, 2026. The meeting, held at 4:00 PM, focused on discussing the company's general business operations and publicly available information. Management explicitly stated that no Unpublished Price Sensitive Information (UPSI) was shared during the interaction. This engagement reflects continued interest from institutional investors in the company's business model and market position.
- Virtual one-on-one investor meeting held on March 6, 2026, at 4:00 PM.
- Participant identified as Lakshya Capital Management LLP.
- Compliance maintained under Regulation 30(6) of SEBI (LODR) Regulations, 2015.
- Management confirmed discussions were restricted to generally available public information.
- No material financial impact or price-sensitive data disclosed during the session.
DC Infotech and Communication Limited has announced its participation in the Bharat Connect Conference: Rising Stars 2026, scheduled for March 11, 2026. The virtual event, organized by Arihant Capital, will commence at 2:00 PM and involve interactions with institutional investors and analysts. The company has stated that discussions will be based on publicly available information, adhering to SEBI's fair disclosure regulations. This move is part of the company's ongoing efforts to enhance transparency and engagement with the financial community.
- Management to attend Bharat Connect Conference: Rising Stars 2026 on March 11, 2026.
- The virtual conference is organized by Arihant Capital and starts at 2:00 PM.
- Participation is compliant with Regulation 30(6) of SEBI (LODR) Regulations, 2015.
- Discussions will focus on generally available information with no disclosure of UPSI.
DC Infotech and Communication Limited has announced a virtual meeting with Lakshya Capital Management LLP scheduled for March 6, 2026, at 4:00 PM. The meeting is being held in compliance with Regulation 30(6) of the SEBI Listing Regulations. The company has explicitly stated that the discussions will be based on generally available information and will not involve any unpublished price sensitive information. This interaction represents routine engagement between the company management and institutional investors.
- Virtual meeting scheduled with Lakshya Capital Management LLP on March 6, 2026.
- Interaction set to commence at 4:00 PM IST via digital platform.
- Compliance confirmed under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
- Management clarifies that no Unpublished Price Sensitive Information (UPSI) will be discussed.
DC Infotech and Communication Limited reported a robust performance for Q3 FY26, with revenue growing 46.06% YoY to ₹196.00 crore. Net profit (PAT) saw a significant jump of 60.64% YoY to ₹6.49 crore, while 9M FY26 PAT grew 44.17% to ₹15.55 crore. The growth was driven by new customer additions and strong execution of the order book, particularly in security and networking solutions. While EBITDA margins saw a slight contraction of 34 bps to 5.23% in Q3, the company remains confident in sustaining growth through its strategic partnerships with brands like Samsung and Netgear.
- Q3 FY26 Revenue increased by 46.06% YoY to ₹196.00 crore compared to ₹134.19 crore in Q3 FY25.
- Net Profit (PAT) for Q3 FY26 grew by 60.64% YoY to ₹6.49 crore.
- 9M FY26 Revenue and PAT grew by 29.89% and 44.17% respectively over the previous year.
- Samsung and Arbor are the leading revenue contributors with 17% and 14% shares respectively.
- EBITDA for Q3 FY26 grew 37.31% YoY to ₹10.26 crore, though EBITDA margin dipped slightly to 5.23%.
DC Infotech and Communication Limited has approved the conversion of 4,00,000 convertible warrants into an equal number of equity shares for non-promoter investors. The conversion was executed at a price of Rs 235 per share, with the company receiving the final 75% of the consideration value on February 12, 2026. This action increases the company's total paid-up equity share capital from 1.60 crore shares to 1.64 crore shares. The allottees include Minus Media Private Limited and two individual investors.
- Conversion of 4,00,000 warrants into equity shares at a price of Rs 235 per share
- Receipt of the balance 75% consideration value from three non-promoter allottees
- Total paid-up equity capital increased from Rs 16.00 crore to Rs 16.40 crore
- Equity shares issued will rank pari passu with existing shares and are subject to regulatory lock-in
DC Infotech reported a strong performance for Q3 FY26, with revenue growing 45.9% YoY to ₹195.78 crore. Net profit for the quarter rose significantly by 60.3% YoY to ₹6.48 crore, driven by robust sales growth and improved margins. The company also approved the conversion of 4,00,000 warrants into equity shares at ₹235 each, raising the remaining 75% of the consideration. For the nine-month period ended December 2025, the company has already surpassed its previous full-year profit, indicating strong operational momentum.
- Revenue from operations increased 45.9% YoY to ₹19,577.55 Lakhs in Q3 FY26.
- Net profit surged 60.3% YoY to ₹647.94 Lakhs from ₹404.11 Lakhs in the same quarter last year.
- Nine-month (9M FY26) net profit reached ₹1,553.37 Lakhs, already exceeding the full FY25 profit of ₹1,449.98 Lakhs.
- Approved conversion of 4,00,000 warrants into equity shares at ₹235 per share, increasing paid-up capital to ₹16.40 crore.
- Basic EPS improved to ₹4.01 for the quarter compared to ₹2.92 in the year-ago period.
DC Infotech & Communication Limited has issued a final reminder to non-promoter warrant holders regarding the conversion of 4,00,000 equity warrants. These warrants were originally allotted on August 13, 2024, at an exercise price of Rs. 235 per share. Holders must pay the balance consideration and exercise their rights by the February 12, 2026 deadline. Successful conversion will result in a capital infusion for the company and an increase in the total paid-up equity capital.
- 4,00,000 equity share warrants were allotted to non-promoters on August 13, 2024
- The exercise price is set at Rs. 235 per equity share with a face value of Rs. 10
- The 18-month window for conversion expires on February 12, 2026
- Failure to exercise warrants within the stipulated period will lead to forfeiture of the initial payment
DC Infotech and Communication Limited has submitted its Structured Digital Database (SDD) compliance certificate for the quarter ended December 31, 2025. The company confirmed it has captured 1 required event involving Unpublished Price Sensitive Information (UPSI) during the quarter. The filing ensures adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015, maintaining a non-tamperable audit trail for 8 years. This routine disclosure confirms the company's internal controls regarding sensitive information are functioning as required.
- Achieved 100% compliance with SEBI (PIT) Regulations for the quarter ended December 31, 2025
- Successfully captured 1 out of 1 required UPSI event in the internal digital database
- Maintains a non-tamperable database with an audit trail capability of 8 years
- Confirmed that no non-compliances were observed during the reporting period
DC Infotech and Communication's FZCO entity has achieved the prestigious Gold Local Content Partner status from Etihad Aviation Group. This certification validates the company's adherence to stringent quality, performance, and compliance standards within the UAE and the broader Middle East region. The recognition strengthens the company's position in the aviation supply chain and enhances its strategic partnership with a major global airline. This milestone is expected to drive long-term economic value and support the company's regional growth objectives.
- Achieved Gold Local Content Partner status from Etihad Aviation Group as of January 5, 2026.
- Certification confirms compliance with high standards of quality and performance in the UAE region.
- Strengthens the company's role in the regional aviation and enterprise ecosystem.
- Positions the FZCO entity for deeper collaboration and potential future contract opportunities with Etihad.
CRISIL has upgraded DC Infotech and Communication Limited's long-term credit rating to 'BBB' with a 'Stable' outlook. The upgrade reflects the company's improved financial strength, prudent capital management, and consistent operational performance in a competitive environment. This rating improvement is expected to enhance the company's credibility with financial institutions and potentially lower its future cost of debt. The 'Stable' outlook indicates CRISIL's expectation that the company will maintain its healthy business risk profile over the medium term.
- CRISIL upgraded the long-term credit rating to BBB with a Stable outlook.
- The upgrade is driven by improved cash flows and disciplined capital allocation practices.
- CRISIL noted the company's ability to sustain stable operating margins despite market competition.
- The rating factors in a diversified client base and strong execution capabilities.
- Management expects the upgrade to support future growth initiatives and strengthen lender relationships.
CRISIL Ratings has upgraded DC Infotech & Communication Limited's long-term credit rating to BBB with a Stable outlook. The upgrade recognizes the company's improved financial strength, disciplined capital allocation, and consistent operational performance. This rating reflects DCI's ability to maintain stable operating margins and a robust business model in a competitive market. The improved rating is expected to enhance credibility with lenders and support future growth initiatives through better access to capital.
- Long-term credit rating upgraded to BBB by CRISIL with a Stable outlook.
- Upgrade driven by improved cash flows and strengthening of the company's balance sheet.
- CRISIL noted the company's ability to sustain stable operating margins in a competitive environment.
- The rating reflects a commitment to conservative financial policies and timely debt servicing.
- Enhanced credit profile is expected to support future growth and lower borrowing costs.
DC Infotech & Communication Limited has announced the closure of its trading window starting January 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is ahead of the declaration of the company's unaudited financial results for the quarter ending December 31, 2025. The restriction applies to all designated persons, insiders, and their immediate relatives. The trading window will reopen 48 hours after the financial results are officially declared to the stock exchanges.
- Trading window closure begins effective January 1, 2026.
- Closure is related to the upcoming Unaudited Financial Results for the quarter ended December 31, 2025.
- Applies to all insiders, designated persons, and their immediate relatives.
- Window will reopen 48 hours after the announcement of the financial results.
Financial Performance
Revenue Growth by Segment
Total revenue from operations grew 21.17% YoY to INR 301.52 Cr in H1 FY26. The Products segment contributed INR 265.57 Cr (up from INR 196.43 Cr), while Security Software and Services contributed INR 35.94 Cr (down from INR 52.41 Cr). For FY25, revenue grew 20.91% to INR 555.75 Cr, driven by strong demand for brands like Samsung and Netgear.
Geographic Revenue Split
The company operates primarily in India with major installations pan-India. It incorporated a wholly owned subsidiary in Dubai (DCInfotech And Communication - FZCO) on July 28, 2025, to expand internationally, though operations are pending funding.
Profitability Margins
PAT margin improved to 3.26% in Q2 FY26, a 43 bps expansion YoY. H1 FY26 PAT margin stood at 3.00%, up 29 bps from 2.71% in H1 FY25. FY25 Net Profit margin was 2.61%, up from 2.53% in FY24, reflecting disciplined execution and cost optimization.
EBITDA Margin
EBITDA margin for H1 FY26 was 4.96%, a 28 bps improvement YoY. Q2 FY26 EBITDA margin reached 5.52%, up 60 bps YoY. EBITDA grew 32.32% YoY in Q2 FY26 to INR 8.48 Cr, supported by product-mix optimization and tighter vendor pricing terms.
Capital Expenditure
Not explicitly disclosed in absolute INR Cr for future plans, but the company is investing in international expansion through its new Dubai subsidiary and has converted warrants to equity (INR 7.37 Cr in H1 FY26) to strengthen its financial foundation.
Credit Rating & Borrowing
Borrowing costs are reflected in interest expenses of INR 3.14 Cr for H1 FY26, compared to INR 3.05 Cr in H1 FY25. The company maintains a strong financial foundation through effective working capital management and prudent provisioning.
Operational Drivers
Raw Materials
Networking hardware, Security software, and Unified Communication products (Samsung, Netgear, Arbor, D-Link, Kramer, Zscaler) represent 90.7% of total costs.
Import Sources
Sourced from global technology leaders including Samsung (South Korea), Netgear (USA), and Arbor (USA). Specific import countries for all components are not disclosed.
Key Suppliers
Key suppliers and brand partners include Samsung, Netgear, Arbor, D-Link, Kramer, and Zscaler.
Capacity Expansion
The company is expanding its operational footprint through the incorporation of DCInfotech And Communication - FZCO in Dubai (Trade license received 28/07/2025).
Raw Material Costs
Raw material/purchase costs stood at INR 273.65 Cr in H1 FY26, representing 90.7% of revenue. This is an increase from INR 228.54 Cr in H1 FY25, tracking revenue growth.
Manufacturing Efficiency
Not applicable as the company operates as a leading architect and solution provider rather than a manufacturer.
Logistics & Distribution
Distribution costs are part of the operating costs which rose to INR 7.36 Cr in H1 FY26 from INR 4.25 Cr in H1 FY25, partly due to higher sales promotion spends.
Strategic Growth
Expected Growth Rate
21%
Growth Strategy
Growth will be achieved by deepening customer engagements in core Networking and Unified Communication portfolios, optimizing product mix toward high-margin segments, and leveraging international expansion through the new Dubai subsidiary. The company aims to stay 'one step ahead' by anticipating future market trends in security and networking.
Products & Services
Networking equipment, security software, unified communication products, and security implementation services.
Brand Portfolio
Samsung, Netgear, Arbor, D-Link, Kramer, Zscaler.
New Products/Services
Continued traction in core categories and strengthening offerings in high-growth segments like Unified Communication are expected to drive future margin improvement.
Market Expansion
International expansion into the Middle East via the Dubai-based subsidiary (FZCO) incorporated in July 2025.
Market Share & Ranking
Established as one of the leading architects and solution providers of networking, security, and unified communication products in India.
Strategic Alliances
Strong partnerships with Samsung (36% revenue share), Netgear (23%), Arbor (12%), D-Link (19%), and Kramer (3%).
External Factors
Industry Trends
The Indian network equipment market is projected to reach USD 4,915.6 million by 2030, growing at a CAGR of 5.5%. Hardware remains the largest component with a 55.19% revenue share.
Competitive Landscape
Operates in a competitive market for networking and security solutions, positioning itself through technology know-how and premium brand partnerships.
Competitive Moat
Moat is built on being a 'leading architect' with deep brand partnerships and a strategy to understand future market needs before they become obvious. Sustainability is driven by the shift toward high-growth security and unified communication segments.
Macro Economic Sensitivity
Sensitive to global growth paths, which are forecast at 3.3% for 2025 and 2026. Subdued global growth and trade policy changes impact export potential.
Consumer Behavior
Strong demand for networking and unified communication products is driving the current 21% revenue growth trajectory.
Geopolitical Risks
Export growth is under pressure due to evolving trade policies and a slowdown in global demand.
Regulatory & Governance
Industry Regulations
Complies with Indian Accounting Standards (Ind AS) and the Companies Act, 2013. Segment disclosures follow Ind AS 108.
Taxation Policy Impact
Effective tax rate for H1 FY26 was approximately 25.5% (INR 3.10 Cr tax on INR 12.15 Cr PBT).
Legal Contingencies
No non-compliance, penalties, or strictures were imposed on the company by Stock Exchanges, SEBI, or any statutory authority during the last three years.
Risk Analysis
Key Uncertainties
Forex volatility and rising operational costs (sales promotion) are key risks that could squeeze the current 3.26% PAT margin.
Geographic Concentration Risk
Revenue is currently concentrated in India; international expansion in Dubai is pending funding.
Third Party Dependencies
93% of revenue is dependent on five key brand partners (Samsung, Netgear, Arbor, D-Link, Kramer).
Technology Obsolescence Risk
Mitigated by partnering with global technology leaders and focusing on the latest technology know-how in networking and security.
Credit & Counterparty Risk
Receivables quality is managed through prudent provisioning and effective working capital management.