DS Kulkarni Developers Limited
NSE: DSKULKARNI · Unclassified
Ask the data
Instant answers about DS Kulkarni Developers Limited — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 75.5 | 0.0 |
| EBITDA | -1.6 | -2.1 | -2.6 | -8.3 | 5.5 | -0.3 |
| Operating margin | — | — | — | — | 7.3% | — |
| Interest | 0.0 | 0.0 | 0.0 | 28.8 | 0.0 | 56.1 |
| Depreciation | 1.6 | 0.6 | 0.4 | 0.1 | 0.0 | 0.1 |
| Profit before tax | -3.2 | -2.7 | -48.7 | -8.9 | 5.6 | -0.4 |
| Tax | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net profit | -3.2 | -2.7 | -48.7 | -8.9 | 5.6 | -0.4 |
| EPS ₹ | -1.24 | -1.03 | -18.87 | -8.88 | 5.60 | -0.36 |
| Operating cash flow | — | -4.5 | -1.7 | 320.1 | -100.2 | 32.7 |
| Capex | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Dividend paid | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total assets | — | — | 1,891.9 | 947.2 | 955.5 | 926.0 |
| Equity | — | — | 213.8 | -141.5 | -128.4 | -128.8 |
Quarterly performance
last 23 quarters · ₹ crore| DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 75.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit | -0.5 | 2.6 | -0.4 | -0.4 | -0.3 | -0.8 | -0.3 | -0.4 | -0.8 | -1.0 | -0.8 | -5.4 | -0.6 | -1.6 | -3.6 | 1.6 | -0.0 | 7.5 | -0.0 | -0.0 | -0.1 | -0.2 | -0.1 |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 10.0% | — | — | — | — | — |
| Other income | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 28.2 | 20.1 | 9.5 | 14.1 | -43.6 | 0.0 | 14.1 | 14.2 | 13.9 | 14.0 |
| Interest | 3.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.5 | 26.6 | 14.2 | 10.2 | 12.7 | -37.0 | 0.0 | 14.1 | 14.2 | 14.4 | 15.1 |
| Depreciation | 1.1 | 0.5 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profit before tax | -5.2 | 2.0 | -0.5 | -0.5 | -0.5 | -1.0 | -0.4 | -0.6 | -1.0 | -46.7 | -0.9 | -5.5 | -2.1 | -0.0 | 2.2 | 0.9 | 1.4 | 1.1 | -0.0 | 0.0 | -0.1 | -0.7 | -1.2 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net profit | 0.0 | 2.0 | -0.5 | -0.5 | -0.5 | -1.0 | -0.4 | -0.6 | -1.0 | -46.7 | -0.9 | -5.5 | -2.1 | -0.0 | 2.2 | 0.9 | 1.4 | 1.1 | -0.0 | 0.0 | -0.1 | -0.7 | -1.2 |
| EPS ₹ | 0.00 | 0.79 | -0.20 | -0.20 | -0.19 | -0.39 | -0.17 | -0.21 | -0.37 | -18.11 | 0.34 | -5.45 | -2.14 | -0.04 | 2.18 | 0.91 | 1.43 | 1.08 | -0.04 | 0.04 | -0.15 | -0.73 | -1.23 |
| Revenue YoY | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -100.0% | — |
| Profit YoY | — | — | — | — | — | -149.3% | — | — | — | — | — | — | — | — | — | — | — | — | -101.8% | -95.6% | -110.5% | -167.6% | — |
Returns & margins
trailing-twelve-month, per quarter| SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | -1.0% | -1.1% | -22.8% | -23.0% | -24.8% | -25.4% | — | — | — | — | — | — | — | — | — | — |
| ROCE | — | — | — | — | -0.2% | -0.3% | -4.6% | -4.7% | -5.1% | -5.1% | 7.9% | 14.9% | 17.7% | 22.6% | — | — | -2.1% | -2.1% | 10.1% | 13.4% |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.4% | 4.5% | 3.3% | 1.2% | — | — |
| EBITDA margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.3% | 12.1% | 9.9% | 9.8% | — | — |
| Debt / equity | — | — | — | — | 3.19 | 3.19 | 3.90 | 3.90 | 3.88 | 3.88 | — | — | — | — | — | — | — | — | — | — |
| Interest coverage | -0.14 | — | — | — | — | — | — | — | -1349.25 | -34.61 | 0.70 | 0.87 | 1.02 | 1.07 | 561.00 | 0.76 | 0.76 | 0.89 | 0.98 | 0.96 |
| Asset turnover | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.08 | 0.08 | 0.08 | 0.00 | 0.00 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|
| Share capital | 25.8 | 25.8 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 |
| Other equity / reserves | 235.7 | 188.0 | 207.5 | -151.5 | -148.4 | -138.4 | -137.9 | -138.8 |
| Total equity | 261.5 | 213.8 | 217.5 | -141.5 | -138.4 | -128.4 | -127.9 | -128.8 |
| Borrowings | 834.0 | 834.0 | 844.5 | 390.0 | 440.4 | 0.2 | 508.2 | 543.1 |
| Current liabilities | 927.7 | 928.6 | 925.8 | 331.4 | 299.0 | 297.2 | 404.1 | 433.4 |
| Non-current liabilities | 749.5 | 749.5 | 760.1 | 757.4 | 851.5 | 786.7 | 640.6 | 621.4 |
| Total assets | 1,938.7 | 1,891.9 | 1,903.4 | 947.2 | 1,012.0 | 955.5 | 916.8 | 926.0 |
| Property, plant & equipment | 2.7 | 2.4 | 2.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Capital work-in-progress | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — |
| Investments | 0.0 | 0.0 | 2.9 | 30.5 | 0.5 | 27.5 | 0.1 | 0.1 |
| Inventories | 1,571.7 | 1,571.7 | 1,571.7 | 897.5 | 909.4 | 852.2 | 865.8 | 874.5 |
| Receivables | 26.6 | 26.6 | 26.6 | 6.9 | 61.7 | 61.7 | 9.5 | 9.5 |
| Cash & equivalents | 1.9 | 0.6 | 11.9 | 2.0 | 1.9 | 1.8 | 1.6 | 1.6 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | -4.5 | -1.7 | 320.1 | -100.2 | 32.7 |
| Cash from investing | -3.0 | 0.0 | -0.5 | 3.0 | 0.0 |
| Cash from financing | 7.3 | 1.9 | -318.2 | 96.9 | -32.7 |
| Capex | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Free cash flow | -4.5 | -1.7 | 320.1 | -100.2 | 32.7 |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Where the assets sit
Mar '26 · ₹ crorePeer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| DS Kulkarni Developers Limited | 40 | 40.19 | — | — | — |
StoxGud checklist: Bearish setup · 3/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
FAQs
What is the share price of DS Kulkarni Developers Limited?
DS Kulkarni Developers Limited (DSKULKARNI) closed at ₹40.19 on NSE on 06 Nov 2026.
What is the market cap of DS Kulkarni Developers Limited?
₹40 crore at the latest close.
How fast is DS Kulkarni Developers Limited growing?
Not enough filed history yet to measure DS Kulkarni Developers Limited's growth.
How profitable is DS Kulkarni Developers Limited?
On a trailing-twelve-month basis return on capital employed 13.4%.
How much debt does DS Kulkarni Developers Limited have?
Debt to equity isn't meaningful for DS Kulkarni Developers Limited (banks borrow as part of their business) or isn't filed yet.
Financials parsed from DS Kulkarni Developers Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from DEC '20, annual from FY21, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.