532329
Danlaw Tech. financials
- Market cap
- ₹814 Cr
- Sector
- Capital Goods
What Danlaw Tech. does
Danlaw Technologies India Limited (DTIL) is an IT/ITES and electronics-hardware company operating out of Hyderabad. It earns revenue mainly by providing IT/ITES services and electronic hardware to Danlaw Inc, its US-based associate company, and by delivering offshore development centre (ODC) software services to Cohda Wireless Pty Ltd, an Australian connected-vehicle technology firm. It also manufactures and sells electronic hardware for DashCam units to Akteena Technologies Private Limited (from whom it also buys engineering services), and receives back-end software support from Darby Telematics India Private Limited. Manufacturing is carried out at a factory in Verna, Goa, alongside a registered office in Hyderabad and a branch office in Bengaluru.
Segments
- IT/ITES & Software Services
- Electronic Hardware
- Permanent employees
- 295
- Manufacturing facility
- 1 factory (Verna Industrial Estate, Goa)
- Office locations
- Registered office (Hyderabad) + branch office (Bengaluru)
- Quality certifications
- ISO 9001:2015, IATF 16949:2016
- Business lines
- 2 (IT/ITES & software services; electronic hardware manufacturing)
- Key client/associate relationships
- Danlaw Inc (US, associate), Cohda Wireless Pty Ltd (Australia), Darby Telematics India Pvt Ltd, Akteena Technologies Pvt Ltd
Quarterly results
Q1 FY27: revenue up 34.6%, net profit up 70.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | 55 | 62 | 55 | 66 +20% | 62 +13% | 80 +28% | 74 +35% |
| EBITDA | 8 | 8 | 11 | 7 | 10 +27% | 8 +2% | 15 +41% | 10 +43% |
| Net profit | 5 | 4 | 7 | 3 | 6 +22% | 4 +2% | 10 +46% | 6 +71% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +79.5% 1Y
1Y: ₹933.2 on 10 Sept 2025 → ₹1,675. High ₹1,823.9 (7 Sept 2026), low ₹441.45 (30 Mar 2026).
Financials, as filed
Revenue grew 16.2% a year over 3 years, FY23 to FY26. Operating margin widened to 15.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹167 Cr | ₹211 Cr | ₹219 Cr | ₹262 Cr |
| Operating profit | ₹20 Cr | ₹36 Cr | ₹32 Cr | ₹39 Cr |
| Operating margin | 12.0% | 17.2% | 14.5% | 15.0% |
| Interest | ₹3 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹7 Cr | ₹4 Cr | ₹5 Cr | ₹7 Cr |
| Net profit | ₹7 Cr | ₹22 Cr | ₹19 Cr | ₹23 Cr |
| Net margin | 4.3% | 10.5% | 8.6% | 8.8% |
| Cash from operations | ₹7 Cr | ₹24 Cr | ₹10 Cr | ₹21 Cr |
| Free cash flow | ₹3 Cr | ₹22 Cr | ₹5 Cr | ₹12 Cr |
| ROCE | 21.0% | 40.0% | 28.0% | 27.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Reserves | ₹15 Cr | ₹21 Cr | ₹31 Cr | ₹53 Cr | ₹81 Cr | ₹95 Cr |
| Borrowings | ₹1 Cr | ₹32 Cr | ₹38 Cr | ₹30 Cr | ₹32 Cr | ₹30 Cr |
| Other liabilities | ₹15 Cr | ₹46 Cr | ₹39 Cr | ₹45 Cr | ₹43 Cr | ₹54 Cr |
| Total liabilities | ₹34 Cr | ₹102 Cr | ₹112 Cr | ₹133 Cr | ₹160 Cr | ₹183 Cr |
| Fixed assets | ₹7 Cr | ₹39 Cr | ₹34 Cr | ₹24 Cr | ₹42 Cr | ₹48 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹16 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹11 Cr | ₹64 Cr | ₹79 Cr | ₹109 Cr | ₹117 Cr | ₹135 Cr |
| Total assets | ₹34 Cr | ₹102 Cr | ₹112 Cr | ₹133 Cr | ₹160 Cr | ₹183 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 12% to 7,849.
- Promoters
- 61.9%
- DIIs
- 0.0%
- Government
- 0.9%
- Public
- 37.2%
Since Jun 2025
- Public −0.05 pp
- DIIs +0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 61.9%, Government 0.9%, Public 37.2%.Dec '23: Promoters 61.9%, FIIs 0.1%, Government 0.9%, Public 37.1%.Mar '24: Promoters 61.9%, Government 0.9%, Public 37.2%.Jun '24: Promoters 61.9%, FIIs 0.0%, Government 0.9%, Public 37.2%.Sep '24: Promoters 61.9%, Government 0.9%, Public 37.2%.Dec '24: Promoters 61.9%, FIIs 0.1%, Government 0.9%, Public 37.1%.Mar '25: Promoters 61.9%, Government 0.9%, Public 37.2%.Jun '25: Promoters 61.9%, Government 0.9%, Public 37.3%.Sep '25: Promoters 61.9%, Government 0.9%, Public 37.2%.Dec '25: Promoters 61.9%, Government 0.9%, Public 37.2%.Mar '26: Promoters 61.9%, Government 0.9%, Public 37.2%.Jun '26: Promoters 61.9%, DIIs 0.0%, Government 0.9%, Public 37.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Danlaw Tech. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Danlaw Systems India Ltd | 30.01% | unchanged |
| Danlaw Inc | 23.88% | unchanged |
| Pannu Bhansali | 1.52% | unchanged |
| Srinivas Dandu | 1.30% | unchanged |
| Pallavi Dandu | 1.23% | unchanged |
| Lakshmi Dandu | 1.23% | unchanged |
| Dandu Lakshmi | 1.21% | unchanged |
| Vamsidhar Patibandla | 1.20% | unchanged |
| Vibhava Mishra | 1.15% | unchanged |
| D Venkat Raju | 1.08% | unchanged |
| Pallalamma Dandu | 0.95% | unchanged |
| D Praveen Varma | 0.82% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹1675, this stock must grow earnings at 22% every year for 7 years. Our analysis caps realistic growth at ~43%. At that growth it is worth ₹4587 — upside of 174%.
- Growth the price implies
- 21.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 47.0% a year
- net profit, FY23–FY26 · EPS 42.8%
- The gap
- -0.2 pp
- 174% downside if it only repeats history
Learn to analyse Danlaw Tech.
Guides on how to read this kind of business and the numbers that matter.