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DOLAT ALGOTECH LIMITED Earnings Release 2025

May 29, 2025

62693_rns_2025-05-29_efae4ea1-dd5e-4e7d-9da7-73ed096bef4a.pdf

Earnings Release

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DOLATALGOTECH LIMITED

(FORMERLY KNOWN AS DOLAT INVESTMENTS LIMITED)

--------------------------------------------------------------------------------------------------------------------------------------------- Corporate Office: 301-308, Bhagwati House, Plot, A/19, Veera Desai, Andheri (West), Mumbai - 400 058 TEL.: 91-22-6155 4038; FAX: 91-22-26732642 Website: www.dolatalgotech.in ; E-mail: [email protected] Corporate Identity Number: L67100GJ1983PLC126089

Date: 29th May, 2025

Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No.C/1, G Block, Mumbai 400 001. Bandra‐Kurla Complex,

BSE Limited National Stock Exchange Of India Limited Bandra (E), Mumbai ‐ 400 051 Scrip code : 505526 Symbol : DOLATALGO

Sub.: Outcome of Board meeting dated 29th May, 2025

Dear Sir / Madam,

Pursuant to Regulation 30 and 33 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company in their Board meeting held on 29th May, 2025, has inter‐alia considered and approved the Audited Financial Results (Consolidated & Standalone) for quarter and the year ended 31st March, 2025.

We are enclosing herewith the copy of Audited Financial Results (Consolidated & Standalone) for the quarter and year ended 31st March, 2025 and respective Audit reports from the statutory Auditor of the Company.

The reports of Auditor is with unmodified opinion with respect to the Audited Financial Results (Consolidated & Standalone) for the quarter and year ended 31st March, 2025. Declaration to that effect is also enclosed herewith.

The said meeting of the Board commenced at 4.00 p.m. and concluded at 5.20 p.m.

Please take the above on record and oblige.

Thanking you,

Yours Faithfully,

For DOLAT ALGOTECH LIMITED

SANDEEPKUMA R GOPALJI BHANUSHALI Digitally signed by SANDEEPKUMAR GOPALJI BHANUSHALI Date: 2025.05.29 17:33:54 +05'30'

Sandeepkumar G. Bhanushali Company Secretary & Compliance Officer

Place : Mumbai Encl: As Above

4th Floor, 'K' Building, 24, Walchand Hirachand Marg, Ballard Estate, Near GPO, CST, Mumbai 400001 India • 022 40966263 • 022 22666363

[email protected] • www.vjshahco.com

Independent Auditor's Report on Quarterly and Annual Consolidated Financial Results of the Company Pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

To The Board of Directors Dolat Algotech Limited

Opinion

We have audited the accompanying statement of Consolidated Financial Results of Dolat Algotech Limited ('holding company') and its subsidiary (the parent and its subsidiary together referred to as the "Group") for the quarter and year ended March 31 , 2025 ('the Statement'), attached herewith, being submitted by the holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 ("the Regulation.), read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016 ('the Circular').

Attention is drawn to the fact that the figures for the quarter ended 31 st March 2025, as reported in these consolidated financial results are the balancing figures between audited figures in respect of the full financial year ended 31 st March 2025, and the published year to date figures up to the end of the third quarter of the relevant financial years. Also, the figures up to the end of the third quarter had only been reviewed and not subjected to audit.

In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the reports of the other auditor on separate financial statements/ financial information of subsidiaries, the statement:

a. includes the results of the following entities:

i. Dolat Tradecorp

  • b. is presented in accordance with the requirements of the Regulation read with the Circular, in this regard; and
  • c. gives a true and fair view of the total comprehensive income ( comprising of net profit and other comprehensive income) and other financial information for the quarter ended March 31, 2025 as well as the year to date results for the period April 1, 2024 to March 31 , 2025 in conformity with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India.

Basis of Opinion

We conducted our audit in accordance with the Standards on Auditing issued by The Institute of Chartered Accountants of India. Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Results section of our report.

We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.

Management's Responsibilities for the Consolidated Financial Results

These quarterly financial results as well as the year-to-date consolidated financial results have been prepared on the basis of the interim financial statements. The Holding Company's Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting' prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated financial results by the Directors of the Holding Company, as aforesaid.

In preparing the consolidated financial results, the Board of Directors of the companies included in the group are responsible for assessing the Group's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

The Board of Directors of the companies included in the group are also responsible for overseeing the Company's financial reporting process of the Group.

Auditor's Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the consolidated financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SA's will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

  • Identify and assess the risks of material misstatement of the consolidated financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
  • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.
  • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
  • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
  • Evaluate the overall presentation, structure and content of the consolidated financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
  • Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the entities within the Group to express an opinion on the consolidated Financial Results. For the other entities included in the consolidated Financial Results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

We communicate with those charged with governance of the Holding Company regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.

Other Matters

The consolidated financial results include the financial results of the subsidiary mentioned above whose interim Financial Statements/Financial Results/ financial information reflect Group's share of total assets of Rs. 974.51/- millions as at March 31, 2025, Group's share of total income of Rs. 403.94/- millions and Rs.1747.16/- millions and Group's share of total net profit after tax of Rs. 121.60/- millions and Rs. 615.96/- millions for the quarter ended March 31 , 2025 and for the period from April 1, 2024 to March 31, 2025 respectively, as considered in the consolidated Financial Results, which have been audited by their respective independent auditors. The independent auditors' reports on interim financial statements/Financial Results/financial information of these entities have been furnished to us and our opinion on the consolidated Financial Results, in so far as it relates to the amounts and disclosures included in respect of these entities, is based solely on the report of such auditors and the procedures performed by us are as stated in paragraph above.

UDIN: 2.. 5 I b 4-3-=t- 0 BM I E.J Y 3 b 5 0

For VJ Shah & Co Chartered Accountants Firm Registration No.: 109823W

Chintan V Shah Partner Membership No.164370

Place: Mumbai Date: 29.05.2025

DOLAT ALGOTECH LIMITED

RECD OFFICE - 1405-1406, D11lal Street Commercial Co-op Soc Ltd, Ulock 53 (llldg o.53E) Zone-5, Roi1d-5E, Gift city Gandhinagar - 382050, Gujarat

Cl ': L67 100GJl983PLC l26089 Website: www.dolat1lleotech.in Email: : investo~ dolataleotech.in STAT EMENT OF CO SOLll)ATE D AUDITED fl ANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARC H, 2025

Part I (Rs.in Million)
PARTICULARS Year Ended
Quarter Ended
31.03.2025
(Audited)
31.12.2024
(Unaudited)
31.03.2024
(Audited)
31.03.2025
(Audited)
31.03.2024
(Audited)
1. Income
(a) Revenue from Operations 1,139.06 1,187.05 1,439.77 5,298.97 3,767.71
(b) Other Income 0.19 0.01 0.23 0.03
Total Income 1,139.26 1,187.05 1,439.79 5,299.20 3,767.73
2. Expenses
a. Employee benefits expense 23.28 133.09 39.33 211.84 99.96
b. Finance Cost 120.23 124.61 87.09 444.77 284.41
c. Depreciation and amortisation expense 6.83 6.29 4.34 23.07 11.66
d. Securities Transaction Tax 324.69 329.48 239.65 1,184.90 714.37
e. Transaction Charges 48.75 54.67 61.02 245.24 234.30
f. Other expenses 56.25 23.21 59.68 179.95 227.57
Total expenses 580.05 671.35 491.12 2,289.76 1,572.26
3. Profit/(Loss) from ordinary activities before 559.21 515.70 948.67 3,009.44 2,195.47
Extra Ordinary Item
4. Extra Ordinary Item (net of tax expenses)
5. Profit/(Loss) before tax (3+4) 559.21 515.70 948.67 3,009.44 2,195.47
6. Tax Expenses
Current tax 239.43 57.87 248.82
17.62
846.95
1.92
615.14
2.82
Deferex tax charge/(benefits) (78.13) 82.72
Total Tax Expenses 161.30 140.60 266.44 848.86 617.96
7. Net Profit/(Loss) for the period (5-6)
8. Other comprehensive income, net of tax
397.91 375.10 682.23 2,160.57 1,577.51
a) Items that will not be reclassified to profit or loss 0.19 0.14 (0.34) 0.33 (0.28)
b) Items that will be reclassified to profit or loss
9. Total Other comprehensive income, net of tax 0.19 0.14 (0.34) 0.33 (0.28)
398.10 375.24 681.89 2,160.90 1,577.23
10. Total comprehensive income (7+9)
11. Profit for the period attributable to:
-Owners of the Company
396.69 373.83 680.51 2,154.41 1,573.29
-Non-controlling interest 1.22 1.27 1.72 6.16 4.22
397.91 375.10 682.23 2,160.57 1,577.51
12. Other Comprehensive Income for the period attributable to:
-Owners of the Company 0.19 0.14 (0.34) 0.32 (0.28)
-Non-controlling interest 0.00 0.00
0.19 0.14 (0.34) 0.33 (0.28)
13. Total Comprehensive Income for the period attributable to:
-Owners of the Company 396.88 373.96 680.17 2,154.74 1,573.01
-Non-controlling interest 1.22 1.27 1.72 6.16 4.22
398.10 375.24 681.89 2,160.90 1,577.23
14 Paid up equity share capital (Face Value of ₹1 Each) 176.00 176.00 176.00 176.00 176.00
15. Reserve excluding Revaluation Reserve as per balance
sheet of previous accounting year 9,855.69 7,744.95
16. Basic & Diluted Earning Per Shares (EPS) (₹) 2.25 2.12 3.87 12.24 8.94

For DOLAT ALOCTECM Ui'.lrTED

CONSOLIDATED BALANCE SHEET
PARTICULARS 31.03.2025
(Audited)
31.03.2024
(Audited)
ASSETS
Non-current assets
Property, plant and equipment 49.28 37.34
Financial assets
Investments 673.20 672.04
Other financial assets 4,009.30 4,153.30
Other non current assets 0.30
Total Non Current Assets 4,732.08 4,862.69
Current assets
Financial assets
Investments 232.83 104.26
Cash and Cash Equivalent 109.40 72.02
Other Bank Balance 0.90 0.73
Loans 5.56 3.01
Other financial assets 6,214.49 4,221.10
Other current assets 103.04 94.03
Total Current Assets 6,666.21 4,495.15
Total Assets 11,398.30 9,357.83
EQUITY AND LIABILITY
Equity
Equity Share Capital 176.00 176.00
Other Equity
Equity attributable to owners of the Company 9,855.69 7,744.95
Non-controlling interest 8.88 9.09
Total Equity 10,040.57 7,930.04
Non-Current Liabilities
Borrowings u, 0.30
Provisions 1.20 1.21
Deferred Tax Liiabilities 19.74 17.73
20.93 19.24
Current Liabilities
Borrowings 658.03 840.68
Other Financial Liabilities 592.39 475.45
Other Current Liabilities 54.93 39.57
Provisions 0.85 0.68
Current Tax Liabilities (Net) 30.60 52.17
Total Current Liabilities 1,336.79 1,408.55
Total Liabilities 1,357.72 1,427.79
Total Equity and Liabilities
11,398.30 9,357.83

F 0 r DOLAT A.LCOTECM Ut..UTE!D

t---<' -::a. '_~ PA!. .J. : i··F.H MANAGING DIRE:CTOR

12 Months
Ended
31.03.2025
12 Months
Ended
31.03.2024
(Audited)
2,195.47
11.66
1.53
9.36
0. 15
0.56
( 1.44) (0.63)
3,051.04 2,2 18.09
3.70
(1, 149.30)
(603.69) (277.35)
795. 14
(550.50)
(268.25 244.64
(34.96)
(1.00) 2.18
(36.00' (32. 78)
(44.00)
(7.14) (2.72)
468.92 (46.72
165. 14
11 .23
176.37
CONSOLIDATED CASH FLOW STATEMENT
(Audited)
3,009.44
23.07
0.74
18.46
-
0.77
15.35
( 1,86 1.72)
600.98
(869.23)
(35.00)
(44.00)
537.68
(17.62)
164.67
176.37
34 1.05

r-0 rDCU\T ,ll.lQOTECll Ui'.HTEO

Fe.-->-{~ PM~:\9 ,1 i)_ ~ :~J-i.~l..H MANAGING DIRECTOR

Noles

a) The above cash flow statement has been prepared under the " Indirect Method" as set out in the Lndian Accounting Standard (Ind AS-7) - Statement of Cash Flow.

As at
3 1.03.2025
As at
31.03.2024
b) Cash and cash equivalent comprises of
Cash and cash equivalent l 10.29 72.75
Add: Investment in liauid funds 230.76 103.63
Cash and cash cauivaient in cash flow statements 341.05 176.37

Notes :

I) The Statutory Auditor have expressed an unqualified audit opinion.

2) The above consolidated results have been prepared in accordance with lndian Accounting Standard ('lnd AS') notified under Section 133 of the Companies Act, 20 13 read together with the Companies (lndian Accounting Standards} Rules, 2015 (as amended).

3) The interest from deposits wilh banks and government securities have been shown as income from other operating activities. Comparative figures in previous periods have been reclassified for the purpose of comparability.

4) The consolidated financial statements of the Company for the quarter and year ended 3 I st March, 2025 include total income of Rs. 403 .94 millions and Rs.1747.16 millions respectively ofM/s Dolat Tradecorp.

5) The above results for the quarter ended 3 1st March, 2025 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29/05/2025 .

6) The parent company and its subsidiary is engaged primarily in the business of trading in shares and securities and there are no separate reportable segments as per lndian Accounting Standards (lnd AS) - I 08 dealing with segment reporting.

7) The results for the quarter and period ended March 3 1, 2025 are available on the BSE Limited website (URL:www.bseindia.com), The National Stock Exchange oflndia Ltd. website (URL:www.nscindia.com) and the company's website (URL: www.dolatalgotech.in).

8) Previous period figures have been regrouped /rearranged wherever considered necessary.

9)The figures for the quarter ended J I st March,2025 and the corresponding quarter ended in the previous year as reported in these financial results arc the balancing figures between audited figures in respect of the full fmancial year and the published year to date figures up to the end of the third quarter of the relevant financial vear. Also tl1e figures upto the end of the third quarter were reviewed and not subicct to audit.

t,.CH% For Dolat Algotech Limited F c...... .. ""( ';::;:/ ~ ,~ "'~ . - I Place; Mumbai ·, ~ 0 Pankaj D. Shah - - ~\otd/ Ma naging Director Date ; 29-05-2025 IDIN No - 000050231

DOLA T ALGOTECH LIMITED

Additional disclosures as per Regula lion 52(4) of lhe Securities and Exchange Board of India (Listing Obligations and Disclosures Requirement) Regulations, 2015 for the quarter and year ended 3 1st March, 2025 (based on Consolidated financial results).

PARTICULARS Quarter Ended Year Ended
31.03.2025 31.12.2024 31.03.2024 31.03.2025 31.03.2024
(Audi led) (Unaudited) (Audited) (Audited) (Audited)
I) Debt-Equity Ratio (in times) 0.07 0.47 0.11 O.Q7 0. 11
2) Debt Service Coverage Ratio (in times) (not annualised) 4.37 4.06 8.88 5.9 1 6.59
3) Interest Service Coverage Ratio (in times)(not annualised) 5.65 5.14 11.89 7.77 8.72
4) Debenture Redemption Reserve ('Rupees in Million) - - - - -
5) Capital Redemption Reserve ('Rupees in Million) - - - - -
6) Current Ratio (in times)• 4.99 1.91 3. 19 4.99 3. 19
7)Long term debt to working capital Ratio (in times)* - - 0.00 - 0.00
8) 13ad debts to Account receivable Ratio (in times)• NA NA NA NA NA
9) Current liability Ratio (in times)• 0.98 0.98 0.99 0.98 0.99
10) Total debts to total assets Ratio (in times)• 0.06 0.3 1 0.09 0.06 0.09
11) Debtors Turnover Ratio (in limes)• NA NA NA NA NA
12) Inventory Turnover Ratio (in times)• NA NA NA NA NA
13) Operati11g-Profit Margin(%)* 60.25 54.47 72.24 65.62 66. 13
14) Net Profit Margin (%)* 34.93 3 1.60 47.38 40.77 4 1.87
15) Net Worth !Total Equity) ('Rupees in Million) 10,03 1.69 9,634.8 1 7,920.95 10,03 1.69 7,920.95
fonnulae for compulalion of ratios are as follows;
a) Dcbt-Eauily Ratio (in times) Total Debt/ Total Eauitv
b) Debt Service Coverage Ratio (in times) lncome available for debt service = (Operating Cash Profit + Interest
Exoenscs\/lnterest Exnenses
c) Interest Service Coverage Ratio (in limes)• Profit before interest and tax/Interest expenses
d) Current Ratio (in times)• Current assets / Current Liabilities
e) Long tcnn debt to working capital Ratio (in times)•
Non current borrowings/working capital(WC), where WC = Current Assets -
Current Liabilities
f) I3ad debts to Account receivable Ratio (in times)• Bad Debt wrinen off/ Avergate Trade Receivable
la) Current liabilitv Ratio (in times)• Current Liabilities / Total Liabilities
h) Total debts to total assets Ratio (in times)• Total Debt / Total Assets
i) Debtors Turnover Ratio (in times)• (Revenue from operation+ Other operating income)/Average trade
Receivable
j) Operating-Profit Margin(%)• (EBITDA-Dcprceiation)/(Rcvenue from operation + Other operatng income)
k) Ncl Profit Margin (%)• Net orofit after tax/fficvcnuc from oocralion + Other oocratun income)
For Dolat Algotech Limited
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Place : Mumbai >oa • Pankaj D. Shah
ate : 29-05-2025
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(DIN No · 000050231

4th Floor, K Building, 24, Walchand Hirachand Marg, Ballard Estate, Near GPO, CST, Mumbai 400001 India • 022 40966263 • 022 22666363 • [email protected] • www.vjshahco.com

Independent Auditor's Report on Quarterly and Annual Standalone Financial Results of the Company Pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

To, Board of Directors of Dolat Algotech Limited

Opinion

We have audited the accompanying quarterly and annual standalone financial results of Dolat Algotech Limited ('the Company') for the quarter ended March 31, 2025 and the year-to-date results for the period from April 1, 2024 to March 31, 2025 ('the Statement'), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 ("the Regulation"), as amended.

Attention is drawn to the fact that the figures for the quarters ended March 31, as reported in these standalone financial results are the balancing figures between audited figures in respect of the full financial year ended March 31, and the published year to date figures up to the end of the third quarter of the relevant financial year. Also, the figures up to the end of the third quarter had only been reviewed and not subjected to audit.

In our opinion and to the best of our information and according to the explanations given to us, these standalone financial results:

  • i. are presented in accordance with the requirements of the Regulation 33 of the Listing Regulations in this regard; and
  • ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ("Ind AS") prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information for the quarter ended March 31, 2025 as well as the year to date results for the period from April 01, 2024 to March 31, 2025.

Basis of Opinion

We conducted our audit in accordance with the Standards on Auditing issued by The Institute of Chartered Accountants of India. Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of

the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the standalone financial results.

Management's Responsibilities for the Standalone Financial Results

These quarterly and annual standalone financial results have been prepared on the basis of the standalone financial statements. The Company's Board of Directors are responsible for the preparation of these standalone financial results that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Ind AS prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records. relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone financial results, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SA's will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

  • Identify and assess the risks of material misstatement of the standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
  • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion through a separate report on the complete set of standalone financial statements on whether the company has adequate internal financial controls with reference to standalone financial statements in place and the operating effectiveness of such controls.
  • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
  • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
  • Evaluate the overall presentation, structure and content of the standalone financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.
  • Obtain sufficient and appropriate audit evidence regarding the Standalone Financial Results of the Company to express an opinion on the Standalone Financial Results.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

UDIN:

For V SHAH & CO Chartered Accountants Firm Registration No.: 109823W

CHINTAN V SHAH Partner Membership No.164370

Place: Mumbai Date: 29.05.2025

,; DOLAT ALGOTECH LIMITED

REGO OFJ<ICE - 1405-1406, Dalal Street Commercial Co-op Soc Ltd, Block 53 (Bldg No.53E) Zone-5, Road-SE, Gift city

Gandhinagar - 382050, Gujarat

ClN: L67100GJ1983PLC126089 Website: www.dolatali:otech.in Email: investor@}dolatalgotech.in

STATEMENT OF STANl>ALONE AUDITED FINANCIAL RESULTS FOR TIIE QUARTER ANl> YEAR ENDED 3 1ST MARCH, 2025

{Rs.in Million}
PARTICULARS Quarter Ended Year Ended
31.03.2025 31.12.2024 31.03.2024 31.03.2025 3 1.03.2024
(Audited) (Unaudited) (Audited) (Audited) (Audited)
I. Income
(a) Revenue from Operations 866.44 938.68 1, 171.44 4,238.14 3,054.70
(b) Other Income 0.0 1 - 0.01 0.0 1 O.Q3
Total Income 866.45 938.68 J,171.45 4,238.JS 3,054.73
2. Expenses
a. Employee benefits expense 22.79 131.32 38.72 204.43 99.36
b. f-inance Cost 119.42 124.44 84.80 443.30 281.73
c. Depreciation and amortisation expense 6.83 6.29 4.34 23.07 11.66
d. Securities Transaction Tax 136. 19 145.86 91.56 512.44 316.65
c. Transaction Charges 48.75 54.67 61.02 245.24 234.30
f. Other expenses 40.16 30.08 38.70 137.64 148.60
Total ex1>cnscs 374.14 492.65 319.15 1,566.10 1,092.30
3. Profit/(Loss) from ordinary activities before 492.30 446.04 852.30 2,672.05 1,962.43
Extra Ordinary Item and tax
4. Extra Ordinary Item (net of tax expenses) - - - - -
5. Protit/(Loss) before tax (3+4) 492.30 446.04 852.30 2,672.05 1,962.43
6. Tax Expenses
Current tax 137. 15 2.44 170. 18 488.40 391.09
Dcfered tax charge/(benefits) (41.54) 69.77 1.62 29.23 ( 1.95)
Total Tax Expenses 95.61 72.2 1 171.79 517.63 389.14
7. Net Profit/(Loss) for the period (5-6) 396.70 373.83 680.51 2,154.41 1,573.29
8. Other comprehensive income, net of tax
a) Items that will not be reclassified to profit or loss 0.19 0.14 (0.34) 0.32 (0.28)
b) Items that will be reclassified to profit or loss - - - -
9. Total Other comprehensive income, net of tax
10. Total comprehensive income (7+9)
0.19 0.14 (0.34) 0.32 (0.28)
11 Paid up equity share capital (Face Value of ~ I Each) 396.88
176.00
373.96
176.00
680.17 2,154.74 1,573.01
12. Reserve excluding Revaluation Reserve as on balance 176.00 176.00 176.00
sheet date - - - 9,855.69 7,744.95
13. Basic & Diluted Earning Per Share (EPS) rn 2.25 2.12 3.87 12.24 8.94

STATEMENT OF ASSETS AND LlABILITfES
PARTICULARS
31.03.2025 31.03.2024
(Audited) (Audited)
ASSETS
Non-current assets
Property, plant and equipment 49.28 37.34
Financial assets
Investments 878.1 9 900.99
Other Financial Assets 4,009.30 4,153.30
Other non current assets 0.30 -
Total Non Current Assets 4,937.07 5,091.63
Current assets
Financial assets
Cash and Cash Equivalent 106.99 70. 17
Other Bank Balance 0.90 0.73
Loans 5.56 3.01
Other financial assets 6,169.39
-
3,822.57
-
Current Tax Assets (Net) 102.92 94.03
Other current assets
Total Current Assets
6,385.75 3,990.50
Total Assets 11 ,322.82 9,082. 13
EQUITY AND LIABILITY
Equity
Equity Share Capital 176.00 176.00
Other Equity 9,855.69 7,744.95
Total Equity 10,03 1.69 7,920.95
Non-Current Liabilities
Borrowings - 0.30
1.16
Provisions
Deferred tax liabilities (Net)
1. 13
33.72
4.40
Total Non Current Liabilities 34.85 5.87
Current Liabilities
Financial Liabilities
Borrowings 658.03 840.68
Other Financial Liabilities 54 1.03 232.65
Other Current Liabilities 54.84 39.48
Provisions 0.85 0.68
Current Tax Liabilities (Net) 1.53 4 1.83
Total Current Liabilities 1,256.28 1,155.32
Total Liabilities 1,291.1 3 1,16 1.1 8
Total Equity and Liabilities 11 ,322.82 9,082.13

For DOLAT ALCOTECM LIMITED

1--;i . .. -( MANAGING DIRECTOR ~

STANDALONE CASH FLOW STATEMENT
P/\RTICULi\RS 12 Months
Ended
3 1.03.2025
(Audited)
12 Months
Ended
31.03.2024
(Audited)
(Al CASH l;'LOW l~ROM OPERATING ACTIVITIES
Profit Ilcfore Tax 2,672.05 1,962.43
Adjustment for :
Depreciation 23.07 11.66
Employee benefit 0.72 1.48
Interest expenses 17.76 7.23
Fixed assets discarded - 0. 15
Operating Profit before Working Capital Changes and Provisions 2,7 13.59 1,982.95
Adjustment for Changes in Working Capital :
Other Current Liabilities
15.36 3.68
Loans and other assets (2,215.03) (807.46)
Liabilities and Provisions (4 12.25) (505.54)
Cash Generated/( used) in operations 10 1.67 673.63
Direct Taxes Paid (Net) (528.70) (329.9 1)
Net Cash from Operating Activites ( 427.03) 343.72
(B) CASH FLOW FROM INVESTMENT ACTIVITIES
Purchase of property, plant and equipment
Investment in partnership lim1 (Net) - subsidiary
(35.00)
22.96
(34.96)
(204.39)
Net Cash from Investing activities (12.04) (239.351
(Cl CASH FLOW FROM FINANCING ACTIVITIES
Dividend paid including dividend distribution taxes
Proceeds from commercial papers
Interest on commercial papers
(44.00)
537.68
(17.62)
(44.00)
-
-
Net Cash from financing activities 476.06 (44.00)
Net lnc./(Dcc.) in Cash & Cash equivalents [A+B+C]
Add: cash and cash equivalent as at 1st April
36.99
70.90
60.37
10.53
70.90
Cash and cash equivalent as at 3 1st March 107.88

For DOLAT /l.LCOTECM U~iiJTED p___ ... MANAG p~ING DIRECTO ~+~ R

Notes a) The above cash flow statement has been prepared under the " Indirect Method" as set out in the Indian Accounting Standard (Lnd AS-7) - Statement of Cash Flow.

As at As at
3 1.03.2024
107.88 70.90
107.88 70.90
3 1.03.2025

NOTES :

I) The Statutory Auditor have expressed an unqualified audit opinion.

2) As share of profit and interest from subsidiary is earned as an extension of regular business operation of the company, they have been reclassifed as other operating income. Comparative figures in previous periods have been reclassified for the purpose of comparability.

3) The interest from deposits with banks have been shown as income from other operating activities. Comparative figures in previous periods have been reclassified for the purpose of comparability.

4) Revenue from operations includes share of profit of Rs. 120.39 millions (net of tax) and Rs. 609.80 millions (net of tax) being 99% share of profit from partnership firm Mis Do lat Tradecorp for the quarter and year ended 3 1st March, 2025 respectively.

5) On group level basis, the revenue from operations and profit after tax amounts to Rs. 11 39.06 millions and Rs. 397.9 1 millions respectively for the quarter ended 3 1st March, 2025.

6) The above financial results have been reviewed by the Audit Committee and having been recommended by it to the Board for approval, were approved by the Board of Directors at its meeting he ld on 29th May, 2025.

7) The results has been prepared in accordance with the Companies (Indian Accounting Standard) (Ind AS) prescribed under section 133 of the Companies Act, 20 13 and other recognized accounting practices and policies to the extent applicable.

8) The company is engaged primarily in the business of trading in shares and securities and there are no separate reportable segments as per Indian Accounting Standards (Lnd AS) - I 08 dealing with segment reporting.

9) The results for the quarter and period ended March 3 1, 2025 are available on the BSE Limited website (URL:www.bseindia.com), The National Stock Exchange oflndia Ltd. website (URL:www.nseindia.com) and the company's website (URL: www.dolatalgotcch.in).

I 0)The figures for the quarter ended 3 1st March,2025 and the corresponding quarter ended in the previous year as reported in these financial results arc the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the end of the third quarter of the relevant financial year. Also the figures upto the end of the third quarter were reviewed and not subject to audit.

11) Previous period figures have been regrouped /rearranged wherever considered necessary.

Place: Mumbai Date : 29-05-2025 --=-

DOLAT ALGOTECH LIMITED

Additional disclosures as per Regula tion 52(4) of the Securities and Exchange Board of)ndia (Listing Obligations and Disclosures Requirement) Regulations, 2015 for the quarter and year ended 31st March, 2025 (based on Standalone fina ncial results).

Kev financial information
PARTICULARS Quarter Ended Year Ended
31.03.2025 31.12.2024 31.03.2024 31.03.2025 31.03.2024
(Audited) (Unaudited) (Audited) (Audited) (Audited)
I) Debt-Equity Ratio (in times) 0,07 0.47 0. 11 O.o? 0. 11
2) Debt Service Coverage Ratio (in times) (not aimualised) 4.38 4.05 9.08 5.91 6.63
3) Interest Service Coverage Ratio (in times)(not annualised) 5. 12 4.58 I 1.05 7.03 7.97
4) Debenture Redemption Reserve ('Rupees in Million) - - - - -
5) Capital Redemption Reserve ('Rupees in Million) - - - - -
6) Current Ratio (in times)• 5.08 1.80 3.45 5.08 3.45
?)Long term debt to working capital Ratio (in times)* - - 0.00 - 0.00
8) Bad debts to Account receivable Ratio (in times)• NA NA NA NA NA
9) Current liability Ratio (in times)• 0.97 0.98 0.99 0.97 0.99
I 0) Total debts to total assets Ratio (in times)• 0.06 0.3 1 0.09 0.06 0.09
11) Debtors Turnover Ratio (in limes)• NA NA NA NA NA
12) Inventory Turnover Ratio (in times)• NA NA NA NA NA
13) Operating-Profit Margin(%)* 71.39 6 1.44 80.37 74.05 73.85
14) Net Profit Margin (%)* 45.78 39.82 58.09 50.83 5 1.50
15) Net Worth [Total Equity) ('Rupees in M illion) 10,03 1.69 9,634.8 1 7,920.95 10,03 1.69 7,920.95
Formulae for computation of ratios are as follows;
a) Debt-Equity Ratio (in times) Total D.:bt/ Total Equity
b) Debt Service Coverage Ratio (in times) Income available for debt service = (Operating Cash Profit+ Interest
Exnenses)/Intcrest Exoenses
c) Interest Service Coverage Ratio (in times)• Profit before interest and tax/Interest expenses
d) Current Ratio (in times)• Current assets / Current Liabilities

e) Long term debt to working capital Ratio (in times)* Non current borrowings/working capital(WC), where WC = Current Assets -

j) Operating-Profit Margin(%)* (EBITDA-Depreciation)/(Revenue from operation + Other operatng income)

k) Net Profit Margin (%)* Net profit after tax/(Revenue from ooeration + Other ooeratng income)

i) Debtors Turnover Ratio (in times)• (Revenue from operation + Other operating income)/ Average trade

I) Bad debts to Account receivable Ratio (in times)• Bad Debt written ofT / Avergate Trade Receivable

g) Current liability Ratio (in times)• Current Liabilities / Total Liabilities

h) Total debts to total assets Ratio (in times)• Total Debt / Total Assets

Place : Mumba i

Current Liabilities

Receivable

r ---'-~ ~

'-.;

Pankaj D. Shah IDIN No - 000050231

DOLATALGOTECH LIMITED

(FORMERLY KNOWN AS DOLAT INVESTMENTS LIMITED)

--------------------------------------------------------------------------------------------------------------------------------------------- Corporate Office: 301-308, Bhagwati House, Plot, A/19, Veera Desai, Andheri (West), Mumbai - 400 058 TEL.: 91-22-6155 4038; FAX: 91-22-26732642 Website: www.dolatalgotech.in ; E-mail: [email protected] Corporate Identity Number: L67100GJ1983PLC126089

Date: 29th May, 2025

Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No.C/1, G Block, Mumbai 400 001. Bandra‐Kurla Complex,

BSE Limited National Stock Exchange Of India Limited Bandra (E), Mumbai ‐ 400 051 Scrip code : 505526 Symbol : DOLATALGO

Sub.: Declaration to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir / Madam,

We hereby declare that the Audited Financial Results(Consolidated & Standalone) for quarter and the year ended 31st March, 2025 which have been approved by the Board of Directors of the Company at the Board meeting held on 29th May, 2025, the statutory Auditor of the Company have issued the Audit reports (Consolidated & Standalone) with unmodified opinion.

The above declaration is made pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time.

Please take the above on record and oblige.

Thanking you,

Yours Faithfully,

For DOLAT ALGOTECH LIMITED

SANDEEPKUMAR GOPALJI BHANUSHALI Digitally signed by SANDEEPKUMAR GOPALJI BHANUSHALI Date: 2025.05.29 17:34:22 +05'30'

Sandeepkumar G. Bhanushali Company Secretary & Compliance Officer

Place : Mumbai