DS Kulkarni Developers quarterly results and financials

DS Kulkarni Developers (DSKULKARNI)₹41.80+1.98%(9 Nov 2026 close)Residential, Commercial Projects

Key facts

In the Jun 2026 quarter (standalone), DS Kulkarni Developers reported sales of ₹0 Cr and net profit of −₹1.22 Cr, down 365.2% year on year. For the year to Mar 2026, sales were ₹0 Cr and net profit −₹0.35 Cr.

Sales (Jun 2026): ₹0 Cr
Net profit (Jun 2026): −₹1.22 Cr
Sales (FY Mar 2026): ₹0 Cr
Net profit (FY Mar 2026): −₹0.35 Cr
EPS (Jun 2026): ₹−1.22
Borrowings (Mar 2026): ₹544 Cr

Company filings, standalone accounts; latest reported quarter Jun 2026

DS Kulkarni Developers quarterly results

₹ crore unless stated; each column is a quarter.

DS Kulkarni Developers Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	0.00	0.00	0.00	0.00	0.00	0.00	75.58	0.00	0.00	0.00	0.00	0.00
Expenses	5.37	0.64	1.57	3.65	−1.65	0.02	68.07	0.04	0.04	0.08	0.18	0.09
Operating Profit	−5.37	−0.64	−1.57	−3.65	1.65	−0.02	7.55	−0.04	−0.04	−0.08	−0.18	−0.09
OPM %	—	—	—	—	—	—	10.0%	—	—	—	—	—
Other Income	0.00	0.00	28.16	20.03	9.46	14.11	13.92	13.95	14.11	14.12	13.84	13.94
Interest	0.62	1.50	26.57	14.18	10.15	12.64	12.80	13.44	14.03	14.17	14.38	15.07
Depreciation	0.00	0.00	0.10	0.05	0.05	0.05	0.05	0.03	0.03	0.03	0.03	0.03
Profit before tax	−5.97	−2.13	−0.03	2.18	0.90	1.42	8.56	0.47	0.03	−0.13	−0.71	−1.21
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Profit	−5.98	−2.13	−0.03	2.17	0.90	1.42	8.58	0.46	0.03	−0.14	−0.72	−1.22
EPS (Rs)	−5.97	−2.13	−0.03	2.17	0.90	1.42	8.57	0.46	0.03	−0.14	−0.72	−1.22

DS Kulkarni Developers profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

DS Kulkarni Developers Profit and loss
	Mar 2015	Mar 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	94.97	203	0.00	0.00	0.00	0.00	0.00	0.00	75.58	0.00	0.00
Expenses	51.41	161	1.05	0.81	1.61	2.12	637	8.28	70.09	0.30	0.39
Operating Profit	43.73	42.17	−1.05	−0.81	−1.61	−2.12	−636	−8.28	5.54	−0.30	−0.39
OPM %	46.0%	20.8%	—	−1,233.3%	—	—	—	—	7.3%	—	—
Other Income	1.09	−3.73	6.47	0.05	0.00	0.04	230	28.16	57.51	56.02	56.01
Interest	9.53	8.26	57.17	27.04	1.59	0.00	0.00	28.71	49.74	56.04	57.65
Depreciation	3.36	3.30	6.01	5.14	0.00	0.61	0.44	0.10	0.18	0.11	0.12
Profit before tax	31.72	26.68	−57.68	−32.85	−3.19	−2.65	−404	−8.84	13.07	−0.36	−2.02
Tax %	41.8%	47.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—
Exceptional items	−1.01	−3.01	0.00	0.00	0.00	0.00	232	0.00	0.00	0.00	—
Net Profit	18.48	14.00	−57.78	−32.90	−3.19	−2.65	−405	−8.87	13.09	−0.35	−2.05
EPS (Rs)	7.15	5.42	−22.34	−12.74	−1.23	−1.02	−156.44	−8.85	13.07	−0.35	−2.05
Dividend payout %	17.5%	23.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

DS Kulkarni Developers balance sheet

₹ crore, at each year end.

DS Kulkarni Developers Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	25.92	25.92	—	25.91	25.91	25.89	25.88	25.92	10.05	10.04	10.04
Reserves	491	500	—	276	243	240	237	−169	−152	−139	−139
Borrowings	534	746	—	876	889	890	886	732	466	521	544
Other Liabilities	893	1,005	—	781	792	794	794	356	625	566	513
Total Liabilities	1,944	2,276	—	1,958	1,950	1,950	1,943	946	950	958	928
Fixed Assets	38.95	49.18	—	37.63	32.49	30.87	30.28	27.36	27.76	27.50	27.40
CWIP	0.38	0.47	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	22.05	16.84	—	2.84	2.84	2.84	2.84	2.84	2.84	0.11	0.11
Other Assets	1,882	2,209	—	1,918	1,915	1,916	1,910	916	919	930	901
Inventories	1,567	1,796	1,632	1,566	1,567	1,567	1,567	894	894	850	872
Trade receivables	2.99	3.99	6.99	26.99	26.99	26.98	26.97	6.99	6.99	61.94	9.99
Cash & equivalents	47.88	34.90	35.89	1.99	0.00	0.99	0.00	0.99	1.99	1.99	1.99
Total Assets	1,944	2,276	—	1,958	1,950	1,950	1,943	946	950	958	928

DS Kulkarni Developers cash flow

₹ crore, for each year.

DS Kulkarni Developers Cash flow
	Mar 2015	Mar 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−80.42	−180	39.16	9.04	0.35	−4.56	390	320	−4.94	32.69
Cash from investing activity	−0.32	−11.43	−5.98	0.07	0.00	7.29	74.68	−0.47	0.00	0.00
Cash from financing activity	7.90	179	−33.44	−10.91	0.00	−3.04	−465	−319	4.69	−32.72
Net cash flow	−72.98	−13.22	−0.25	−1.81	0.37	−0.31	0.17	1.40	−0.26	−0.04
Capex	2.59	15.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free cash flow	−82.88	−195	39.18	9.04	0.35	−4.54	390	320	−4.92	32.71
CFO / OP %	−162.9%	−388.9%	−3,765.9%	−1,130.9%	−21.9%	216.1%	−61.0%	−3,874.9%	−75.9%	−11,289.9%

DS Kulkarni Developers ratios

Working-capital days and returns, by year.

DS Kulkarni Developers Ratios
	Mar 2015	Mar 2016	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	13	8	—	—	—	—	—	—	299	—
Inventory days	—	—	1,91,22,108	—	—	—	—	—	13,375	14,378
Days payable	—	—	6,55,540	—	—	—	—	—	45	96
Cash conversion cycle	12	7	—	—	—	—	—	—	13,627	—
Working capital days	2,412	1,480	—	—	—	—	—	—	2,294	—
ROCE %	4.2%	3.6%	—	−0.5%	−0.1%	−0.2%	−73.3%	4.4%	17.6%	13.9%

DS Kulkarni Developers: frequently asked questions

What are the latest quarterly results of DS Kulkarni Developers?

For the Jun 2026 quarter, DS Kulkarni Developers reported sales of ₹0 Cr and net profit of −₹1.22 Cr, down 365.2% year on year.

What is the annual revenue of DS Kulkarni Developers?

DS Kulkarni Developers' sales for the year to Mar 2026 were ₹0 Cr; over the last twelve months they were ₹0 Cr.

What is the net profit of DS Kulkarni Developers?

Net profit for the year to Mar 2026 was −₹0.35 Cr, and −₹2.05 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−2.05.

How much debt does DS Kulkarni Developers have?

DS Kulkarni Developers reported borrowings of ₹544 Cr at Mar 2026, against cash and equivalents of ₹1.99 Cr.

What is the free cash flow of DS Kulkarni Developers?

Cash from operations was ₹32.69 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹32.71 Cr.

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