About Dhanlaxmi Cotex
Dhanlaxmi Cotex is a publicly listed company based in Mumbai (India) founded in 1987. Multiple assets are traded through an online platform. The company has 2 employees. Its Indian entity Dhanlaxmi Cotex Limited reported revenue of ₹14.71 Cr. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Forex.
Company details
Dhanlaxmi Cotex was established in 1987 in Mumbai, India, as a participant in the financial services sector. An online trading platform is maintained for various assets, including equities and commodities. Operations are centered in India, with services focused on facilitating secure transactions for retail and institutional clients. The domain dcl.net.in is utilized for user access and account management.
- Headquarters Mumbai, India
- Employees 2
- Stage Public
- SectorsTechnology
- Website dcl.net.in
- Legal Name Dhanlaxmi Cotex Ltd.
- Market Cap₹51.15 Cr
DHANCOT · BSE
- Share Price₹105.00
0.00% today
- Revenue₹13.28 Cr
FY 2025-26 · -6.5% YoY
- EBITDA−₹1.09 Cr
Margin -8.2%
- Net Profit₹0.13 Cr
FY 2025-26 · -97.8% YoY
- P/E (TTM)221.3x
P/B 0.7x
- ROE0.2%
ROCE 0.1%
- Employee Count2
Associated legal entities of Dhanlaxmi Cotex
Dhanlaxmi Cotex operates through Dhanlaxmi Cotex Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dhanlaxmi Cotex Limited Listed CIN L51100MH1987PLC042280 | Active | 19 Jan 1987 | Mumbai, Maharashtra | ₹14.7 Cr | 2 | 7 | View details |
Board of directors of Dhanlaxmi Cotex Limited (Dhanlaxmi Cotex)
Dhanlaxmi Cotex Limited is the primary company behind Dhanlaxmi Cotex. The board of Dhanlaxmi Cotex Limited currently have 5 directors; the longest-serving is Mahesh Sohanlal Jhawar, appointed in 1987. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Sohanlal Jhawar DIN 00002908 | Managing Director | 19 Jan 1987 | 39 yrs 9 mo | Dhanlaxmi Cotex Limited |
| Natwar Nagarmal Agarwal DIN 08170211 | Director | 09 Jul 2018 | 8 yrs 3 mo | Dhanlaxmi Cotex Limited |
| Arpit Suresh Tibrewala DIN 08679570 | Director | 07 Feb 2020 | 6 yrs 8 mo | Dhanlaxmi Cotex Limited |
| Payal Ankur Bankda DIN 09483787 | Director | 08 Jul 2022 | 4 yrs 3 mo | Dhanlaxmi Cotex Limited |
| Monita Amit Sheth DIN 10935284 | Director | 10 Feb 2025 | 1 yr 8 mo | Dhanlaxmi Cotex Limited |
IPO & Listings of Dhanlaxmi Cotex
Dhanlaxmi Cotex is a publicly listed company on the BSE with ticker symbol DHANCOT in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date31 Aug 2018
- Listed onBSE: 512485
- Listed entityDhanlaxmi Cotex Ltd.
- Exchange sectorFinance
- ISININE977F01010
- Share price₹116.05 (-4.99% on the day) · 2026-10-13
- Volume (last session)1
Financials of Dhanlaxmi Cotex
Exchange-reported figures of Dhanlaxmi Cotex Limited, the listed company behind Dhanlaxmi Cotex (BSE: DHANCOT).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 13.28 | 14.21 | 28.72 | 25.32 | 22.24 | 6.88 | 9.88 |
| Revenue growth | -6.5% | -50.5% | +13.4% | +13.9% | +223.3% | -30.4% | - |
| EBITDA | (1.09) | 0.71 | 3.54 | 0.47 | 3.90 | 0.27 | 3.63 |
| EBITDA margin | -8.2% | +5.0% | +12.3% | +1.9% | +17.5% | +3.9% | +36.7% |
| Profit before tax | 0.09 | 7.06 | 3.44 | 0.35 | 3.86 | 0.29 | 3.63 |
| Net profit | 0.13 | 5.79 | 2.92 | 0.24 | 3.31 | 0.44 | 3.27 |
| Net profit margin | +1.0% | +40.8% | +10.2% | +1.0% | +14.9% | +6.4% | +33.1% |
| EPS (₹) | 0.17 | 11.90 | 5.92 | 0.49 | 6.80 | 0.57 | 6.75 |
| Balance sheet | |||||||
| Total assets | 69.56 | 72.92 | 71.65 | 49.38 | 46.26 | 35.86 | 22.56 |
| Net worth | 69.29 | 72.92 | 71.65 | 49.38 | 46.25 | 35.85 | 22.31 |
| Total debt | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 |
| Cash & bank | 0.15 | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 |
| Net working capital | 26.54 | 29.12 | 32.93 | 31.99 | 27.10 | 17.01 | 6.18 |
| Cash flow | |||||||
| Cash from operations | (2.04) | 1.89 | 13.99 | (3.68) | (6.13) | (3.11) | (9.21) |
| Cash from investing | 1.40 | (2.07) | (15.76) | 4.23 | 6.22 | 4.84 | 8.75 |
| Cash from financing | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.84 | 2.52 | 4.82 | 4.36 | 1.58 | 0.87 | 2.31 | 7.24 |
| Revenue growth (YoY) | +269.6% | +189.7% | +108.7% | -39.8% | -62.5% | - | - | - |
| Other income | 0.12 | 0.36 | 0.91 | 0.40 | (0.23) | (0.74) | 4.26 | 1.98 |
| Total expenses | 6.36 | 3.01 | 4.84 | 4.45 | 2.07 | 2.20 | 2.60 | 5.57 |
| EBITDA | (0.52) | (0.49) | (0.02) | (0.09) | (0.49) | (1.33) | (0.29) | 1.67 |
| EBITDA margin | -8.9% | -19.4% | -0.4% | -2.1% | -31.0% | -152.9% | -12.6% | +23.1% |
| Depreciation | 0.12 | 0.11 | 0.09 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.52) | (0.24) | 0.80 | 0.28 | (0.75) | (2.10) | 3.94 | 3.62 |
| Tax | 0.01 | (0.03) | 0.10 | 0.00 | 0.00 | 0.00 | 0.57 | 0.29 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.84 | 2.52 | 4.82 | 4.36 | 1.58 | 0.87 | 2.31 | 7.24 |
| Revenue growth (YoY) | +269.6% | +189.7% | +108.7% | -39.8% | -62.5% | - | - | - |
| Other income | 0.12 | 0.36 | 0.91 | 0.40 | (0.23) | (0.74) | 4.26 | 1.98 |
| Total expenses | 6.36 | 3.01 | 4.84 | 4.45 | 2.07 | 2.20 | 2.60 | 5.57 |
| EBITDA | (0.52) | (0.49) | (0.02) | (0.09) | (0.49) | (1.33) | (0.29) | 1.67 |
| EBITDA margin | -8.9% | -19.4% | -0.4% | -2.1% | -31.0% | -152.9% | -12.6% | +23.1% |
| Depreciation | 0.12 | 0.11 | 0.09 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.52) | (0.24) | 0.80 | 0.28 | (0.75) | (2.10) | 3.94 | 3.62 |
| Tax | 0.01 | (0.03) | 0.10 | 0.00 | 0.00 | 0.00 | 0.57 | 0.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 13.28 | 14.21 | 28.72 | 25.32 | 22.24 | 6.88 | 9.88 |
| Revenue growth | -6.5% | -50.5% | +13.4% | +13.9% | +223.3% | -30.4% | - |
| Other income | 1.43 | 6.45 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 |
| Total expenses | 14.37 | 13.50 | 25.18 | 24.85 | 18.34 | 6.61 | 6.25 |
| Employee cost | 0.26 | 0.22 | 0.31 | 0.42 | 0.32 | 0.14 | 0.24 |
| EBITDA | (1.09) | 0.71 | 3.54 | 0.47 | 3.90 | 0.27 | 3.63 |
| EBITDA margin | -8.2% | +5.0% | +12.3% | +1.9% | +17.5% | +3.9% | +36.7% |
| Depreciation | 0.25 | 0.09 | 0.09 | 0.11 | 0.04 | 0.00 | 0.00 |
| Interest | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.02 | 0.00 |
| Profit before tax | 0.09 | 7.06 | 3.44 | 0.35 | 3.86 | 0.29 | 3.63 |
| Tax | 0.00 | 1.27 | 0.56 | 0.12 | 0.55 | 0.00 | 0.36 |
| Net profit | 0.13 | 5.79 | 2.92 | 0.24 | 3.31 | 0.44 | 3.27 |
| Net profit margin | +1.0% | +40.8% | +10.2% | +1.0% | +14.9% | +6.4% | +33.1% |
| EPS (₹) | 0.17 | 11.90 | 5.92 | 0.49 | 6.80 | 0.57 | 6.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 | 4.87 |
| Reserves & surplus | 64.42 | 68.05 | 66.78 | 44.51 | 41.38 | 30.98 | 17.44 |
| Shareholders' funds (net worth) | 69.29 | 72.92 | 71.65 | 49.38 | 46.25 | 35.85 | 22.31 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 |
| Total debt | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 |
| Total liabilities | 69.56 | 72.92 | 71.65 | 49.38 | 46.26 | 35.86 | 22.56 |
| Assets | |||||||
| Gross block | 12.48 | 8.87 | 0.42 | 0.86 | 0.83 | 0.01 | 0.01 |
| Net block | 11.93 | 8.57 | 0.21 | 0.73 | 0.78 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 30.27 | 34.54 | 37.80 | 16.48 | 15.58 | 12.58 | 9.95 |
| Inventories | 19.17 | 21.29 | 27.24 | 29.40 | 25.21 | 14.69 | 6.18 |
| Sundry debtors | 1.40 | 0.35 | 0.82 | 0.48 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.15 | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 |
| Loans & advances | 5.93 | 7.15 | 4.34 | 0.41 | 0.26 | 0.55 | 0.00 |
| Total current assets | 26.65 | 29.30 | 33.08 | 32.74 | 27.36 | 17.04 | 6.27 |
| Total current liabilities | 0.11 | 0.18 | 0.15 | 0.75 | 0.26 | 0.03 | 0.09 |
| Net working capital | 26.54 | 29.12 | 32.93 | 31.99 | 27.10 | 17.01 | 6.18 |
| Total assets | 69.56 | 72.92 | 71.65 | 49.38 | 46.26 | 35.86 | 22.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 | 0.54 |
| Net cash from operating activities | (2.04) | 1.89 | 13.99 | (3.68) | (6.13) | (3.11) | (9.21) |
| Net cash from investing activities | 1.40 | (2.07) | (15.76) | 4.23 | 6.22 | 4.84 | 8.75 |
| Net cash from financing activities | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | (0.02) | 0.00 |
| Net change in cash | (0.36) | (0.18) | (1.77) | 0.56 | 0.10 | 1.71 | (0.45) |
| Closing cash | 0.15 | 0.51 | 0.68 | 2.45 | 1.89 | 1.80 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -6.5% | -50.5% | +13.4% | +13.9% | +223.3% | -30.4% | - |
| EBITDA growth | -253.5% | -79.9% | +653.2% | -88.0% | +1344.4% | -92.6% | - |
| PBT growth | -98.7% | +105.2% | +882.9% | -90.9% | +1231.0% | -92.0% | +764.3% |
| Net income growth | -97.8% | +98.3% | +1116.7% | -92.8% | +652.3% | -86.5% | - |
| Revenue CAGR (3Y) | -19.4% | -13.9% | +61.0% | +36.9% | +56.1% | -38.9% | -12.4% |
| EBITDA CAGR (3Y) | - | -43.3% | +135.8% | -49.4% | +110.2% | - | +61.6% |
| Profitability & leverage | |||||||
| Net income margin | +0.7% | +40.8% | +10.0% | +0.9% | +14.9% | +4.2% | +33.1% |
| Return on capital employed | +0.1% | +9.8% | +5.7% | +0.8% | +9.4% | +1.6% | +12.4% |
| Return on net worth | +0.2% | +8.0% | +4.8% | +0.5% | +8.1% | +1.5% | +11.3% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 1.61 | 0.29 | 2.78 | 0.00 | 7.41 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.24 | 3.06 | 44.88 | 29.96 | 52.95 | 692.00 | 988.00 |
| Inventory turnover | 0.66 | 0.59 | 1.01 | 0.93 | 1.11 | 0.66 | 0.83 |
| Debtors turnover | 15.18 | 24.29 | 44.18 | 105.50 | 0.00 | 0.00 | 152.00 |
| EPS (₹) | 0.17 | 11.90 | 5.92 | 0.49 | 6.80 | 0.57 | 6.75 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 142.23 | 149.70 | 147.08 | 101.36 | 94.95 | 73.61 | 45.81 |
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Frequently Asked Questions about Dhanlaxmi Cotex
Dhanlaxmi Cotex was founded in 1987.
Dhanlaxmi Cotex is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dhanlaxmi Cotex has 2 employees.
The primary company behind Dhanlaxmi Cotex, Dhanlaxmi Cotex Limited, reported revenue of ₹14.71 Cr for FY 2026, down 7% year on year.
Dhanlaxmi Cotex was established in 1987 in Mumbai, India, as a participant in the financial services sector. An online trading platform is maintained for various assets, including equities and commodities. Operations are centered in India, with services focused on facilitating secure transactions for retail and institutional clients. The domain dcl.net.in is utilized for user access and account management.
Yes, Dhanlaxmi Cotex is publicly traded on BSE under the ticker symbol DHANCOT.
Dhanlaxmi Cotex operates through Dhanlaxmi Cotex Limited.
The legal entities of Dhanlaxmi Cotex currently have 7 directors, including Mahesh Sohanlal Jhawar, Arti Nishant Jain, Natwar Nagarmal Agarwal and others.