- #1,608 Harendra Shah & Family ₹1,200 Cr

About Dolat Algotech Limited
Data last updated:
Dolat Algotech Limited is a public limited company based in Gandhinagar, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 24 February 1983 and has been in existence for over 43 years.
Its director Harendra Shah and Family is #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L67100GJ1983PLC126089. Its GSTIN is 27AAACD1425H1Z2 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 505526 and NSE: DOLATALGO.
The company has an authorised share capital of ₹18.1 Cr and a paid-up capital of ₹17.6 Cr. It was formerly known as Dolat Investments Limited. It is led by directors including Pankaj Dolatrai Shah (Managing Director) and Shailesh Dolatrai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1405 – 1406 Dalal Street Commercial Co – Op Soc Ltd Block 53 (Bldg No.53E) Zone – 5 Road – 5E Gift City Gandhinagar, Gujarat, India – 382050.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹403.58 Cr, a decline of 23.8% compared to the previous year. For the same year it recorded a net profit of ₹128.92 Cr (net margin 31.9%) and EBITDA of ₹227.63 Cr (EBITDA margin 56.4%). The net worth stands at ₹1,130.32 Cr (up 12.7% YoY). Total assets are valued at ₹1,415.1 Cr (up 32.3% YoY).
The company has about 77 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Dolat Investments and Dolat Algotech. As per MCA filings, the company has open charges of ₹2,142 Cr and satisfied charges of ₹19.47 Lakh on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending. The company has 28 deals on record (26 market trades, 2 acquisitions); the latest was in April 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dolatalgotech.in.
Company details
CIN history
Dolat Algotech has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L67100GJ1983PLC126089, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67100GJ1983PLC126089 | Current |
| L65990TN1983PLC067697 | Previous |
| U67100TN1983PLC067697 | Previous |
| L67100DD1983PLC004760 | Previous |
| L67100TN1983PLC067697 | Previous |
Recognitions & Rankings of Dolat Algotech
Contact details
Dolat Algotech Limited's registered office is in Gandhinagar, Gujarat. Its website is dolatalgotech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1405 – 1406 Dalal Street Commercial Co – Op Soc Ltd Block 53 (Bldg No.53E) Zone – 5 Road – 5E Gift City Gandhinagar, Gujarat, India – 382050
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Dolat Algotech Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Dolat Algotech operates two associated brands: Dolat Investments and Dolat Algotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a professional investment management firm for clients. | dolatinvest.com | |
| Diversified quantitative trading and broking services are offered in India. | dolatalgotech.in |
Business activity
The main business activity of Dolat Algotech is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Dolat Algotech Limited, buy the company report.
Financials of Dolat Algotech Limited
FY 2025-26 filings availableDolat Algotech Limited reported revenue of ₹403.58 Cr (down 23.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 404 | 530 | 377 | 279 | 322 | 285 | 158 |
| Revenue growth | -23.8% | +40.6% | +35.0% | -13.4% | +12.9% | +80.9% | - |
| EBITDA | 228 | 348 | 249 | 190 | 256 | 227 | 118 |
| EBITDA margin | +56.4% | +65.6% | +66.1% | +68.0% | +79.5% | +79.6% | +74.6% |
| Profit before tax | 182 | 301 | 220 | 163 | 230 | 201 | 102 |
| Net profit | 129 | 215 | 157 | 116 | 167 | 147 | 71.03 |
| Net profit margin | +31.9% | +40.7% | +41.8% | +41.6% | +52.0% | +51.4% | +45.0% |
| EPS (₹) | 7.32 | 12.24 | 8.94 | 6.59 | 9.51 | 8.34 | 4.04 |
| Balance sheet | |||||||
| Total assets | 1,415 | 1,070 | 877 | 780 | 703 | 478 | 230 |
| Net worth | 1,130 | 1,003 | 792 | 639 | 528 | 364 | 220 |
| Total debt | 284 | 65.81 | 84.10 | 140 | 175 | 114 | 9.75 |
| Cash & bank | 8.28 | 11.03 | 7.28 | 1.12 | 3.01 | 2.20 | 6.54 |
| Net working capital | 533 | 575 | 382 | 332 | 324 | 109 | (8.96) |
| Cash flow | |||||||
| Cash from operations | 55.63 | (26.83) | 24.46 | 78.70 | 141 | 188 | 157 |
| Cash from investing | (3.89) | (3.60) | (3.28) | (118) | (96.52) | (363) | (58.43) |
| Cash from financing | (60.45) | 46.89 | (4.67) | (4.51) | (3.65) | (2.97) | (2.20) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 140 | 126 | 108 | 58.92 | 111 | 114 | 119 | 146 |
| Revenue growth (YoY) | +26.9% | +10.5% | -8.9% | -59.5% | -27.1% | - | - | - |
| Other income | 0.45 | 0.03 | 0.00 | 0.00 | 0.68 | 0.02 | 0.00 | 0.00 |
| EBITDA | 84.25 | 76.37 | 65.50 | 20.09 | 64.99 | 68.61 | 64.66 | 104 |
| EBITDA margin | +60.0% | +60.7% | +60.6% | +34.1% | +58.8% | +60.2% | +54.5% | +71.6% |
| Depreciation | 0.67 | 0.77 | 0.67 | 0.53 | 0.49 | 0.68 | 0.63 | 0.56 |
| Interest | 10.78 | 11.11 | 10.40 | 11.39 | 10.32 | 12.02 | 12.46 | 10.57 |
| Profit before tax | 73.25 | 64.52 | 54.43 | 8.17 | 54.86 | 55.93 | 51.57 | 93.11 |
| Tax | 19.38 | 17.72 | 15.43 | 3.58 | 15.91 | 16.13 | 14.06 | 26.23 |
| Net profit | 53.87 | 46.80 | 39.00 | 4.59 | 38.95 | 39.80 | 37.51 | 66.88 |
| EPS (₹) | 3.06 | 2.65 | 2.21 | 0.26 | 2.20 | 2.25 | 2.12 | 3.79 |
| 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 | 302 | 424 | 305 | 190 | 262 | 219 | 93.12 |
| Revenue growth | -28.6% | +38.7% | +60.4% | -27.4% | +19.8% | +135.0% | - |
| EBITDA | 205 | 314 | 226 | 135 | 215 | 185 | 72.07 |
| EBITDA margin | +67.8% | +74.1% | +73.8% | +70.9% | +82.0% | +84.7% | +77.4% |
| Profit before tax | 160 | 267 | 196 | 142 | 215 | 186 | 85.19 |
| Net profit | 129 | 215 | 157 | 116 | 167 | 147 | 71.05 |
| Net profit margin | +42.6% | +50.8% | +51.5% | +60.9% | +63.9% | +67.1% | +76.3% |
| EPS (₹) | 7.33 | 12.24 | 8.94 | 6.59 | 9.51 | 8.34 | 4.04 |
| Balance sheet | |||||||
| Total assets | 1,414 | 1,069 | 876 | 779 | 702 | 478 | 229 |
| Net worth | 1,130 | 1,003 | 792 | 639 | 528 | 364 | 220 |
| Total debt | 284 | 65.81 | 84.10 | 140 | 175 | 114 | 9.75 |
| Cash & bank | 7.94 | 10.79 | 7.09 | 1.05 | 2.92 | 2.19 | 1.52 |
| Net working capital | 535 | 579 | 368 | 328 | 325 | 86.18 | (11.78) |
| Cash flow | |||||||
| Cash from operations | 55.25 | (42.70) | 34.37 | 45.80 | 109 | 163 | 122 |
| Cash from investing | 1.80 | (1.21) | (23.94) | (43.26) | (104) | (337) | (26.79) |
| Cash from financing | (59.90) | 47.61 | (4.40) | (4.40) | (3.52) | (2.64) | (2.12) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 114 | 100 | 84.80 | 34.33 | 83.17 | 86.64 | 93.87 | 120 |
| Revenue growth (YoY) | +37.4% | +15.6% | -9.7% | -71.4% | -32.6% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 32.09 | 29.43 | 24.75 | 18.90 | 24.32 | 24.79 | 36.19 | 24.82 |
| EBITDA | 82.16 | 70.75 | 60.05 | 15.43 | 58.85 | 61.85 | 57.68 | 95.00 |
| EBITDA margin | +71.9% | +70.6% | +70.8% | +44.9% | +70.8% | +71.4% | +61.4% | +79.3% |
| Depreciation | 0.67 | 0.77 | 0.67 | 0.53 | 0.49 | 0.68 | 0.63 | 0.56 |
| Interest | 10.76 | 11.02 | 10.38 | 11.36 | 10.30 | 11.94 | 12.44 | 10.55 |
| Profit before tax | 70.73 | 58.96 | 49.00 | 3.54 | 48.06 | 49.23 | 44.61 | 83.89 |
| Tax | 16.91 | 12.25 | 10.11 | (0.98) | 9.24 | 9.56 | 7.22 | 17.18 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 140 | 126 | 108 | 58.92 | 111 | 114 | 119 | 146 |
| Revenue growth (YoY) | +26.9% | +10.5% | -8.9% | -59.5% | -27.1% | - | - | - |
| Other income | 0.45 | 0.03 | 0.00 | 0.00 | 0.68 | 0.02 | 0.00 | 0.00 |
| EBITDA | 84.25 | 76.37 | 65.50 | 20.09 | 64.99 | 68.61 | 64.66 | 104 |
| EBITDA margin | +60.0% | +60.7% | +60.6% | +34.1% | +58.8% | +60.2% | +54.5% | +71.6% |
| Depreciation | 0.67 | 0.77 | 0.67 | 0.53 | 0.49 | 0.68 | 0.63 | 0.56 |
| Interest | 10.78 | 11.11 | 10.40 | 11.39 | 10.32 | 12.02 | 12.46 | 10.57 |
| Profit before tax | 73.25 | 64.52 | 54.43 | 8.17 | 54.86 | 55.93 | 51.57 | 93.11 |
| Tax | 19.38 | 17.72 | 15.43 | 3.58 | 15.91 | 16.13 | 14.06 | 26.23 |
| Net profit | 53.87 | 46.80 | 39.00 | 4.59 | 38.95 | 39.80 | 37.51 | 66.88 |
| EPS (₹) | 3.06 | 2.65 | 2.21 | 0.26 | 2.20 | 2.25 | 2.12 | 3.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 404 | 530 | 377 | 279 | 322 | 285 | 158 |
| Revenue growth | -23.8% | +40.6% | +35.0% | -13.4% | +12.9% | +80.9% | - |
| Other income | 0.03 | 0.02 | 0.00 | 0.03 | 0.00 | 0.01 | 0.00 |
| Total expenses | 176 | 182 | 128 | 89.24 | 66.08 | 58.36 | 40.03 |
| Employee cost | 0.00 | 20.58 | 9.40 | 4.87 | 4.55 | 3.22 | 2.66 |
| EBITDA | 228 | 348 | 249 | 190 | 256 | 227 | 118 |
| EBITDA margin | +56.4% | +65.6% | +66.1% | +68.0% | +79.5% | +79.6% | +74.6% |
| Depreciation | 2.46 | 2.31 | 1.17 | 0.71 | 0.35 | 0.29 | 0.02 |
| Interest | 43.23 | 44.48 | 28.44 | 26.58 | 25.25 | 25.37 | 16.20 |
| Profit before tax | 182 | 301 | 220 | 163 | 230 | 201 | 102 |
| Tax | 52.64 | 84.88 | 61.80 | 46.18 | 62.75 | 54.34 | 30.17 |
| Net profit | 129 | 215 | 157 | 116 | 167 | 147 | 71.03 |
| Net profit margin | +31.9% | +40.7% | +41.8% | +41.6% | +52.0% | +51.4% | +45.0% |
| EPS (₹) | 7.32 | 12.24 | 8.94 | 6.59 | 9.51 | 8.34 | 4.04 |
| 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 | 17.60 | 17.60 | 17.60 | 17.60 | 17.60 | 17.60 | 17.60 |
| Reserves & surplus | 1,113 | 986 | 774 | 622 | 510 | 346 | 202 |
| Shareholders' funds (net worth) | 1,130 | 1,003 | 792 | 639 | 528 | 364 | 220 |
| Minority interest | 0.83 | 0.89 | 0.91 | 0.70 | 0.41 | 0.25 | 0.27 |
| Secured loans | 79.80 | 0.04 | 0.10 | 15.48 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 204 | 65.77 | 84.00 | 125 | 175 | 114 | 9.75 |
| Total debt | 284 | 65.81 | 84.10 | 140 | 175 | 114 | 9.75 |
| Total liabilities | 1,415 | 1,070 | 877 | 780 | 703 | 478 | 230 |
| Assets | |||||||
| Gross block | 13.54 | 9.76 | 6.26 | 3.07 | 2.29 | 1.21 | 0.75 |
| Net block | 6.25 | 4.93 | 3.73 | 1.42 | 1.28 | 0.54 | 0.37 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 84.68 | 90.60 | 77.63 | 67.42 | 42.55 | 2.07 | 181 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 8.28 | 11.03 | 7.28 | 1.12 | 3.01 | 2.20 | 6.54 |
| Loans & advances | 641 | 632 | 432 | 354 | 383 | 124 | 7.97 |
| Total current assets | 649 | 643 | 439 | 355 | 386 | 126 | 14.51 |
| Total current liabilities | 116 | 67.88 | 56.80 | 22.77 | 61.66 | 16.70 | 23.47 |
| Net working capital | 533 | 575 | 382 | 332 | 324 | 109 | (8.96) |
| Total assets | 1,415 | 1,070 | 877 | 780 | 703 | 478 | 230 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 34.11 | 17.64 | 1.12 | 45.02 | 4.21 | 182 | 85.61 |
| Net cash from operating activities | 55.63 | (26.83) | 24.46 | 78.70 | 141 | 188 | 157 |
| Net cash from investing activities | (3.89) | (3.60) | (3.28) | (118) | (96.52) | (363) | (58.43) |
| Net cash from financing activities | (60.45) | 46.89 | (4.67) | (4.51) | (3.65) | (2.97) | (2.20) |
| Net change in cash | (8.71) | 16.47 | 16.51 | (43.90) | 40.81 | (177) | 96.03 |
| Closing cash | 8.28 | 11.03 | 7.28 | 1.12 | 3.01 | 2.20 | 6.54 |
| 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 | -23.8% | +40.6% | +35.0% | -13.4% | +12.9% | +80.9% | - |
| EBITDA growth | -34.5% | +39.6% | +31.3% | -25.9% | +12.8% | +92.8% | - |
| PBT growth | -39.5% | +37.1% | +35.1% | -29.5% | +14.5% | +98.4% | +31.0% |
| Net income growth | -40.2% | +36.9% | +35.6% | -30.7% | +14.1% | +106.6% | - |
| Revenue CAGR (3Y) | +13.1% | +18.1% | +9.7% | +20.9% | +40.7% | - | - |
| EBITDA CAGR (3Y) | +6.2% | +10.7% | +3.2% | +17.3% | +45.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +32.1% | +40.8% | +41.9% | +41.7% | +52.1% | +51.5% | +45.2% |
| Return on capital employed | - | +35.5% | +30.0% | +25.5% | +43.3% | +64.1% | +61.9% |
| Return on net worth | - | +24.1% | +22.0% | +20.0% | +37.6% | +50.4% | +38.5% |
| Debt / equity | - | 0.08 | 0.16 | 0.27 | 0.32 | 0.21 | 0.03 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 19.20 | 12.88 | 11.47 | 14.06 | 9.88 | 11.19 | 13.76 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 66.16 | 80.77 | 104.14 | 184.07 | 291.18 | 279.20 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 7.32 | 12.24 | 8.94 | 6.59 | 9.51 | 8.34 | 4.04 |
| Dividend per share (₹) | 0.10 | 0.25 | 0.25 | 0.25 | 0.20 | 0.15 | 0.10 |
| Book value per share (₹) | 0.00 | 57.00 | 45.01 | 36.32 | 29.98 | 20.67 | 12.48 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 114 | 100 | 84.80 | 34.33 | 83.17 | 86.64 | 93.87 | 120 |
| Revenue growth (YoY) | +37.4% | +15.6% | -9.7% | -71.4% | -32.6% | - | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 32.09 | 29.43 | 24.75 | 18.90 | 24.32 | 24.79 | 36.19 | 24.82 |
| EBITDA | 82.16 | 70.75 | 60.05 | 15.43 | 58.85 | 61.85 | 57.68 | 95.00 |
| EBITDA margin | +71.9% | +70.6% | +70.8% | +44.9% | +70.8% | +71.4% | +61.4% | +79.3% |
| Depreciation | 0.67 | 0.77 | 0.67 | 0.53 | 0.49 | 0.68 | 0.63 | 0.56 |
| Interest | 10.76 | 11.02 | 10.38 | 11.36 | 10.30 | 11.94 | 12.44 | 10.55 |
| Profit before tax | 70.73 | 58.96 | 49.00 | 3.54 | 48.06 | 49.23 | 44.61 | 83.89 |
| Tax | 16.91 | 12.25 | 10.11 | (0.98) | 9.24 | 9.56 | 7.22 | 17.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 302 | 424 | 305 | 190 | 262 | 219 | 93.12 |
| Revenue growth | -28.6% | +38.7% | +60.4% | -27.4% | +19.8% | +135.0% | - |
| Other income | 0.00 | 0.00 | 0.00 | 37.28 | 27.14 | 28.91 | 29.22 |
| Total expenses | 97.41 | 110 | 79.90 | 55.45 | 47.18 | 33.58 | 21.05 |
| Employee cost | 0.00 | 19.84 | 9.34 | 4.87 | 4.55 | 3.22 | 2.66 |
| EBITDA | 205 | 314 | 226 | 135 | 215 | 185 | 72.07 |
| EBITDA margin | +67.8% | +74.1% | +73.8% | +70.9% | +82.0% | +84.7% | +77.4% |
| Depreciation | 2.46 | 2.31 | 1.17 | 0.71 | 0.34 | 0.29 | 0.02 |
| Interest | 43.06 | 44.33 | 28.17 | 29.52 | 26.83 | 28.18 | 16.08 |
| Profit before tax | 160 | 267 | 196 | 142 | 215 | 186 | 85.19 |
| Tax | 30.63 | 51.77 | 38.92 | 26.02 | 47.45 | 38.94 | 14.14 |
| Net profit | 129 | 215 | 157 | 116 | 167 | 147 | 71.05 |
| Net profit margin | +42.6% | +50.8% | +51.5% | +60.9% | +63.9% | +67.1% | +76.3% |
| EPS (₹) | 7.33 | 12.24 | 8.94 | 6.59 | 9.51 | 8.34 | 4.04 |
| 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 | 17.60 | 17.60 | 17.60 | 17.60 | 17.60 | 17.60 | 17.60 |
| Reserves & surplus | 1,113 | 986 | 774 | 622 | 510 | 346 | 202 |
| Shareholders' funds (net worth) | 1,130 | 1,003 | 792 | 639 | 528 | 364 | 220 |
| Secured loans | 79.80 | 0.04 | 0.10 | 15.48 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 204 | 65.77 | 84.00 | 125 | 175 | 114 | 9.75 |
| Total debt | 284 | 65.81 | 84.10 | 140 | 175 | 114 | 9.75 |
| Total liabilities | 1,414 | 1,069 | 876 | 779 | 702 | 478 | 229 |
| Assets | |||||||
| Gross block | 13.54 | 9.76 | 6.26 | 3.07 | 2.29 | 1.21 | 0.75 |
| Net block | 6.25 | 4.93 | 3.73 | 1.42 | 1.28 | 0.54 | 0.37 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 82.24 | 87.82 | 90.10 | 69.66 | 40.94 | 25.00 | 204 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 7.94 | 10.79 | 7.09 | 1.05 | 2.92 | 2.19 | 1.52 |
| Loans & advances | 641 | 628 | 392 | 349 | 379 | 100 | 4.27 |
| Total current assets | 649 | 639 | 399 | 350 | 382 | 102 | 5.79 |
| Total current liabilities | 114 | 59.83 | 31.46 | 21.30 | 56.86 | 16.25 | 17.57 |
| Net working capital | 535 | 579 | 368 | 328 | 325 | 86.18 | (11.78) |
| Total assets | 1,414 | 1,069 | 876 | 779 | 702 | 478 | 229 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 10.79 | 7.09 | 1.05 | 2.92 | 2.18 | 179 | 85.61 |
| Net cash from operating activities | 55.25 | (42.70) | 34.37 | 45.80 | 109 | 163 | 122 |
| Net cash from investing activities | 1.80 | (1.21) | (23.94) | (43.26) | (104) | (337) | (26.79) |
| Net cash from financing activities | (59.90) | 47.61 | (4.40) | (4.40) | (3.52) | (2.64) | (2.12) |
| Net change in cash | (2.85) | 3.70 | 6.04 | (1.86) | 0.73 | (176) | 92.92 |
| Closing cash | 7.94 | 10.79 | 7.09 | 1.05 | 2.92 | 2.19 | 1.52 |
| 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 | -28.6% | +38.7% | +60.4% | -27.4% | +19.8% | +135.0% | - |
| EBITDA growth | -34.7% | +39.1% | +67.2% | -37.2% | +16.0% | +157.0% | - |
| PBT growth | -40.3% | +36.2% | +38.2% | -33.9% | +15.7% | +117.9% | +9.9% |
| Net income growth | -40.2% | +37.0% | +35.6% | -30.7% | +14.1% | +106.5% | - |
| Revenue CAGR (3Y) | +16.7% | +17.4% | +11.8% | +26.9% | +31.3% | +16.4% | +4.1% |
| EBITDA CAGR (3Y) | +15.0% | +13.5% | +6.8% | +23.3% | +37.5% | +62.4% | +242.7% |
| Profitability & leverage | |||||||
| Net income margin | +42.6% | +50.8% | +51.5% | +60.9% | +63.9% | +67.1% | +76.3% |
| Return on capital employed | - | +32.0% | +27.1% | +23.2% | +41.0% | +60.5% | +53.3% |
| Return on net worth | - | +24.0% | +22.0% | +19.9% | +37.6% | +50.3% | +38.4% |
| Debt / equity | - | 0.08 | 0.16 | 0.27 | 0.32 | 0.21 | 0.03 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 21.25 | 14.23 | 12.55 | 21.99 | 12.50 | 15.24 | 22.32 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 52.91 | 65.48 | 84.96 | 165.27 | 252.76 | 216.53 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 7.33 | 12.24 | 8.94 | 6.59 | 9.51 | 8.34 | 4.04 |
| Dividend per share (₹) | 0.10 | 0.25 | 0.25 | 0.25 | 0.20 | 0.15 | 0.10 |
| Book value per share (₹) | 0.00 | 57.00 | 45.01 | 36.32 | 29.98 | 20.67 | 12.48 |
To see the full year-wise statements and ratios of Dolat Algotech Limited, buy the company report.
Board of directors and KMP of Dolat Algotech Limited
Dolat Algotech Limited currently reports 6 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Dolatrai Shah Also directs: L. C. Raheja Forex Private Limited, Shailesh Shah Securities Private Limited, Dolat Capital Market Pvt Limited and 2 more | Managing Director | 03 May 2019 | 7 Years 6 Months | Current |
| Shailesh Dolatrai Shah Also directs: L. C. Raheja Forex Private Limited, Shailesh Shah Securities Private Limited, Dolat Capital Market Pvt Limited and 3 more | Director | 23 Jan 2020 | 6 Years 9 Months | Current |
| Thomas Ritaldo Fernandes Also directs: Retail Hub Solutions Limited | Director | 28 Aug 2024 | 2 Years 2 Months | Current |
| Sailesh Kasanji Naik | Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Monika Amit Singhania Also directs: Sanjivani Paranteral Limited, Lipi Data Systems Limited | Director | 23 Jan 2020 | 6 Years 9 Months | Current |
| Vaibhav Pankaj Shah | Cfo | 29 May 2014 | 12 Years 5 Months | Current |
Auditor
Dolat Algotech Limited is audited by V.J. SHAH & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.J. SHAH & CO. | FY 2025 | 109823W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 74.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.50% | 74.50% | 74.50% | 74.50% |
| Public | 25.50% | 25.50% | 25.50% | 25.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2024 | 100871148 | Others | ₹5 Cr | Open | |
| 06 Dec 2022 | 100655253 | Others | ₹500 Cr | Open | |
| 10 Aug 2021 | 100470330 | Others | ₹130 Cr | Open | |
| 03 Jul 2020 | 100354131 | Axis Bank Limited | ₹130 Cr | Open | |
| 11 May 2020 | 100354403 | Others | ₹227 Cr | Open |
To see the full charge records of Dolat Algotech Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Dolat Algotech Limited has 28 deals on record (26 market trades, 2 acquisitions); the latest was in April 2024.
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Market trade | ₹8.36 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹8.88 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| May 2018 | Market trade | ₹6.86 Cr | Buyer: J M Global Equities Private Limited Seller: J M Global Equities Private Limited |
| Aug 2014 | Market trade | ₹16.22 Cr | Buyer: Dolat Capital Market Pvt Limited Seller: an individual |
| Aug 2014 | Acquisition | ₹31.02 Cr | Buyer: Dolat Capital Market Pvt Limited Seller: an individual |
To see the full deal history of Dolat Algotech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dolat Algotech Limited has 5 court cases on record: 3 filed by Dolat Algotech, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Satyam Computer Services Ltd and Ors | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against Satyam Computer Services Ltd and Ors | Disposed |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 4 | Pending |
| High Court | Writ petition | Filed by the company against Asst Commissioner of Income Tax Central Circle 8( and 4 others | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax Central 4 | Disposed |
To see the full case history of Dolat Algotech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dolat Algotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dolat Algotech Limited has a workforce of 77 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 77 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Dolat Algotech Limited, buy the company report.
GST
Dolat Algotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1425H1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dolat Algotech Limited, buy the company report.
Recent activity
Dolat Algotech Limited has 14 board changes on record since 2008: 7 appointments and 7 cessations. The latest: Thomas Ritaldo Fernandes was appointed as Director on 28 Aug 2024.
18 earlier events are in the company report.
News
Frequently asked questions
Dolat Algotech is an active public limited company based in Gandhinagar, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 24 February 1983 (43+ years old) and is registered under CIN L67100GJ1983PLC126089. Listed on BSE: 505526 and NSE: DOLATALGO.
Dolat Algotech reported revenue of ₹403.58 Cr for FY 2025-26 (down 23.8% YoY) based on consolidated financials.
Dolat Algotech has 7 current directors and KMP:
- Pankaj Dolatrai Shah - Managing Director
- Shailesh Dolatrai Shah - Director
- Thomas Ritaldo Fernandes - Director
- Sailesh Kasanji Naik - Director
- Monika Amit Singhania - Director
- Harendra Dolatrai Shah - Director
- Vaibhav Pankaj Shah - Cfo
The latest financial statements of Dolat Algotech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dolat Algotech is 27AAACD1425H1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dolat Algotech is L67100GJ1983PLC126089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Dolat Algotech is a listed company as per MCA records. Its shares are listed on both BSE (code: 505526) and NSE (symbol: DOLATALGO).
Dolat Algotech has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Dolat Algotech was incorporated on 24 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dolat Algotech has 28 deals on record (26 market trades, 2 acquisitions); the latest was in April 2024.

