DOLATALGO

Dolat Algotech share price & financials

Price
₹69.68
Market cap
₹1.2k Cr
Sector
Financial Services

What Dolat Algotech Limited does

Dolat Algotech Limited (formerly Dolat Investments Limited) is a proprietary trading firm that trades derivatives — Futures & Options on stocks and market indices — on the National Stock Exchange. It runs fully hedged, delta-neutral algorithmic strategies with no directional market bias, executed through high-speed computing systems collocated at the NSE facility, so it earns from capturing volatility and volume in the F&O segment rather than from directional market bets. The company is part of the wider Dolat Group, one of the early adopters of algorithmic trading strategies in Indian derivatives markets.

Segments

  • Derivative Trading (Options)
Permanent employees on rolls
143
Trading infrastructure
Servers collocated at the NSE collocation facility
Track record
No-loss month in derivatives trading since inception, at both company and Dolat Group level
Trading strategy
Fully hedged, delta-neutral options strategies across stocks and indices with no directional bias
Group affiliation
Part of Dolat Group, an early adopter of algorithmic derivatives trading strategies in Indian markets
Management experience
Senior trading leadership with over 4 decades of experience in Indian derivatives markets
Founded 1983Headquarters Mumbai, Maharashtra (corporate office); GIFT City, Gandhinagar, Gujarat (registered office)Employees 143 (FY2024-25) Company website

Quarterly results

Q1 FY27: revenue up 37.3%, net profit up 38.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue120 94 87 83 34 −72%85 −10%100 +15%114 +37%
EBITDA95 58 62 59 15 −84%60 +3%71 +15%82 +39%
Net profit67 37 40 39 5 −93%39 +5%47 +18%54 +38%
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 −20.0% 1Y

₹70.0₹80.0₹90.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹86.64 on 10 Sept 2025 → ₹69.32. High ₹93.67 (7 Jan 2026), low ₹65.96 (30 Mar 2026).

Financials, as filed

Revenue grew 7.8% a year over 3 years, FY23 to FY26. Operating margin widened to 67.9%.

Year endingFY23FY24FY25FY26
Revenue₹241 Cr₹305 Cr₹424 Cr₹302 Cr
Operating profit₹153 Cr₹225 Cr₹314 Cr₹205 Cr
Operating margin63.2%73.8%74.1%67.9%
Interest₹25 Cr₹27 Cr₹44 Cr₹42 Cr
Depreciation₹0 Cr₹0 Cr₹3 Cr₹3 Cr
Net profit₹117 Cr₹157 Cr₹216 Cr₹130 Cr
Net margin48.5%51.5%50.9%43.0%
Cash from operations₹46 Cr₹34 Cr₹-43 Cr₹55 Cr
Free cash flow₹45 Cr₹31 Cr₹-46 Cr₹51 Cr
ROCE23.0%27.0%32.0%16.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹18 Cr₹18 Cr₹18 Cr₹18 Cr₹18 Cr₹18 Cr
Reserves₹346 Cr₹510 Cr₹622 Cr₹774 Cr₹1.0k Cr₹1.1k Cr
Borrowings₹114 Cr₹175 Cr₹140 Cr₹84 Cr₹196 Cr₹284 Cr
Other liabilities₹19 Cr₹57 Cr₹22 Cr₹32 Cr₹85 Cr₹119 Cr
Total liabilities₹497 Cr₹759 Cr₹801 Cr₹908 Cr₹1.3k Cr₹1.5k Cr
Fixed assets₹1 Cr₹1 Cr₹1 Cr₹4 Cr₹5 Cr₹6 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹25 Cr₹41 Cr₹70 Cr₹90 Cr₹118 Cr₹82 Cr
Other assets₹472 Cr₹717 Cr₹730 Cr₹814 Cr₹1.2k Cr₹1.4k Cr
Total assets₹497 Cr₹759 Cr₹801 Cr₹908 Cr₹1.3k Cr₹1.5k 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 11% to 56,351.

Promoters
74.5%
FIIs
0.1%
Public
25.5%

Since Jun 2025

  • FIIs −0.04 pp
  • Public +0.04 pp
  • DIIs −0.01 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 74.5%, FIIs 0.0%, Public 25.5%.Dec '23: Promoters 74.5%, FIIs 0.0%, Public 25.5%.Mar '24: Promoters 74.5%, FIIs 0.0%, Public 25.5%.Jun '24: Promoters 74.5%, FIIs 0.1%, Public 25.4%.Sep '24: Promoters 74.5%, FIIs 0.9%, DIIs 0.1%, Public 24.6%.Dec '24: Promoters 74.5%, FIIs 0.1%, Public 25.4%.Mar '25: Promoters 74.5%, FIIs 0.1%, Public 25.4%.Jun '25: Promoters 74.5%, FIIs 0.1%, DIIs 0.0%, Public 25.4%.Sep '25: Promoters 74.5%, FIIs 0.3%, DIIs 0.0%, Public 25.3%.Dec '25: Promoters 74.5%, FIIs 0.7%, DIIs 0.0%, Public 24.8%.Mar '26: Promoters 74.5%, FIIs 0.2%, DIIs 0.0%, Public 25.3%.Jun '26: Promoters 74.5%, FIIs 0.1%, Public 25.5%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Dolat Algotech Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Dolat Capital Market Pvt. Ltd. 41.39%unchanged
Purvag Commodities And Derivatives Pvt. Ltd. 9.41%unchanged
Jigar Commodities And Derivatives Pvt Ltd 9.18%unchanged
Shailesh Shah Securities Private Limited 2.64%unchanged
Harendra D Shah 2.57%unchanged
Rajendra D Shah 2.57%unchanged
Shailesh D Shah 2.57%unchanged
Pankaj D Shah 2.57%unchanged
Nirshilp Commodities And Trading Private Limited 1.51%unchanged
Nirpan Securities Pvt.Ltd. 0.08%unchanged
Harendra D Shah, Rajendra Shah, Pankaj Shah & Shailesh Shah (Trustees Of Dolat Group Master Trust) 0.01%unchanged
Nirupama P Shah 0.00%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.

Learn to analyse Dolat Algotech Limited

Guides on how to read this kind of business and the numbers that matter.