Dam Capital Advisors Completes Board Meeting: New Director Appointed, Veteran Independent Director Steps Down; Q1 Results Released

Dam Capital Advisors Completes Board Meeting: New Director Appointed, Veteran Independent Director Steps Down; Q1 Results Released

Dam Capital Advisors Completes Board Meeting: New Director Appointed, Veteran Independent Director Steps Down; Q1 Results Released​

Dam Capital Advisors Limited announced key changes in its board structure and released its financial results for the quarter ended June 30, 2026. The company approved the unaudited consolidated and standalone financial results, appointed Mr. Dhvanil Sanjiv Dharia as a new director, and noted the completion of tenure for Independent Director Natarajan Srinivasan.

During the Board Meeting held on August 11, 2026, the company’s board considered and approved both sets of quarterly financials for June 30, 2026. The meeting concluded with a decision to convene the Thirty Third Annual General Meeting (AGM) on September 8, 2026.

Changes in Board Composition​

The company welcomed Mr. Dhvanil Sanjiv Dharia as an Additional Director and Whole Time Director. His appointment is effective from August 11, 2026, until August 10, 2031, spanning a period of five years. Mr. Dharia, who has been associated with DAM Capital since its inception in 2019, holds a B.Tech degree and an MBA Degree from London Business School. He is currently responsible for developing the Investment Banking business and leading coverage efforts across various verticals including ECM, Private Equity, and advisory services.

Concurrently, the company acknowledged that Mr. Natarajan Srinivasan, who served as an Independent Director, will be completing his tenure on August 18, 2026. The Board appreciated Mr. Srinivasan for his contributions during his time with the organization.

Financial Performance Overview​

Dam Capital Advisors Limited reported both consolidated and standalone performance metrics for the quarter ended June 30, 2026.

The company’s Consolidated Financial Results demonstrated robust operations, with Total Income reaching 29.97. The results indicated a Total Comprehensive Income of 0.16.

Standalone financial data showed Total Revenue from Operations at 29.81. After accounting for expenses and tax, the company reported a Net Profit after Tax of 0.11.

Key financial details across various periods are presented below:

ParticularsQuarter ended June 30, 2026 (Unaudited)Quarter ended March 31, 2026 (Audited)Quarter ended June 30, 2025 (Unaudited)Year ended March 31, 2026 (Audited)
Revenue from Operations29.8129.2330.80236.91
Profit Before Tax0.230.150.3497.35
Net Profit after Tax0.110.260.1672.51

Segment and Operational Details​

The Group has identified two reportable business segments: Stock Broking services and Investment banking services, with the rest classified as Unallocated.

Segment performance for the quarter ended June 30, 2026, showed operational income of 29.11. The segment results stood as follows:

SegmentProfit Before Tax (June 30, 2026)
Stock Broking0.29
Investment Banking0.21
Unallocated0.43

The company also disclosed the status of its senior management personnel (KMPs), including Mr. Dharmesh Anil Mehta as Managing Director & Chief Executive Officer, and Mr. Dhvanil Sanjiv Dharia as Whole Time Director.

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Dam Capital Advisors Limited maintains corporate governance by managing all operational and strategic aspects across multiple business verticals.

DAMCAPITAL Stock Price Movement​

Dam Capital Advisors Limited shares today edged higher to settle at ₹152.38, gaining 0.33% in post-market trading. The stock traded within a tight intraday band, achieving a low of ₹151.01 and peaking at ₹154.85.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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