DCM Ltd. — Interim / Quarterly Report 2025

Feb 13, 2026

February 13, 2026

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 502820 Trading Symbol: DCM ISIN: INE498A01018 ISIN: INE498A01018

National Stock Exchange of India Ltd

Exchange Plaza, Plot no. C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400051

Sub: Outcome of the Board Meeting held on February 12, 2026 and disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Dear Sir/Madam,

This is to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, February 12, 2026 (which commenced at 3:10 P.M. and concluded at 7:00 P.M.) has, inter alia, transacted the following businesses:

• 1. Approved the Un-Audited Financial Results (Standalone and Consolidated) ("UFRs") of the Company for the quarter and nine months ended on December 31, 2025, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015;(enclosed herewith)
• 1. Took on record the Limited Review Reports of M/s. S S Kothari Mehta & Co. LLP, Chartered Accountants (Statutory Auditors) on the above UFRs. (enclosed herewith)
• 1. Based on recommendation of the Nomination & Remuneration Committee, in compliance with the applicable provisions of the Companies Act, 2013 and SEBI LODR, approved the appointment of Ms. Sonal Gupta (ICSI Membership No.: A36974) as the Company Secretary (Key Managerial Personnel) and Compliance Officer of the Company with effect from February 12, 2026.

Further, we are enclosing herewith the following documents in regard to the above:

• 1. UFRs of the Company for the 3rd quarter and nine month's period ended December 31, 2025 along with the Limited Review Report of Statutory Auditors thereon are enclosed as Annexure-I; and
• 1. The relevant details regarding approval of appointment of Ms. Sonal Gupta as the Company Secretary (KMP) and Compliance officer of the Company, in terms of Regulation 30 of SEBI LODR read with SEBI Master Circular No.

Registered office:

Unit Nos. 2050 to 2052, Plaza - II, 2nd Floor, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170 CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in

SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure II.

Reason for Resubmission: Due to a technical glitch on the Institute of Chartered Accountants of India (ICAI) UDIN portal, the portal was temporarily unavailable because of maintenance, the Statutory Auditor was unable to generate the Unique Document Identification Number (UDIN) at the time of signing the Limited Review Report of Consolidated Financial Result for the quarter and nine months ended December 31, 2025. The UDIN has been generated post-restoration of the portal, and we are accordingly resubmitting the Limited Review Report with UDIN for Consolidated Financial Result. The financial result themselves remain unchanged.

This information is also being uploaded on the website of the Company i.e. www.dcm.in.

You are hereby requested to take the above information on record.

Thanking You

Yours Faithfully,

For DCM Limited

Vinay Sharma Managing Director

Encl: As above

Registered office: Unit Nos. 2050 to 2052, Plaza - II, 2nd Floor, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi – 110006. Phone: (011) 41539170 CIN: L74899DL1889PLC000004, Website: www.dcm.in, Email Id: investors@dcm.in

Annexure-I

Independent Auditor's Review Report on the Quarterly and Year to date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure

& CO. LLP CHARTERED ACCOUNTANTS

• S S KOTHARI MEHTA

Review Report to The Board of Directors DCM Limited New Delhi

Requirements) Regulations, 2015, as amended.

• 1. We have reviewed the accompanying statement of unaudited consolidated financial results of DCM Limited (the "Holding Company" or "Company"), its subsidiaries including step down subsidiary (the Holding and its Subsidiaries including step down subsidiary together referred as the "Group") and its joint venture and its subsidiary companies (together referred to as "Jointly Controlled Entities") for the quarter ended December 31, 2025 and the year to date results for the period April O 1.2025 to December 31.2025. nlong with notes (the "Statement"), attached herewith being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (the "Listing Regulations").
• 1. This Statement, which is the responsibility of the Holding Company's Management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 as amended (the Act), read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsihility is tn express a conclusion on the Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241 O "Review oflnterim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard required that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A revie" of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantia lly less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of ail significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular no. CIR/CFD/CMDl/44/2019 dated March 29, 2019, issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligation and Disclosurl' Requirements) Regulations, 20 I 5, as amended, to the extent applicable.

Page 1 of 4

1. The Statement includes results of the following entities:

Name of the entitles	Reletlonshlp
DCM Limited	Holding company
DCM Landmark Estates Limited	Wholly owned subsid iary
DCM Infinity Realtors Limited	Wholly owned subsidiary
DCM lnfotech Limited	Wholly owned subsidiary -
DCM Engineering Limited	Wholly owned subsidiary
DCM Realty and Infrastructure Limited	Wholly owned subsidiary
DCM Engineering Products Educational Society	as subsidiary treated for Socii::ty consolidation purposes.
DCM lnfotech Solution Inc, USA	lnfotech of DCM Subsidiary Limited (w.e.f. July 03, 2025)
Purearth Infrastructure Limited	Joint Venture
Subsidiary of joint venture entity Kalptru Reality Private Limited
Kamayani Facility Management Private Limited	Subsidiary of joint venture entity
Vighanharta Estates Private Limited	Subsidiary of joint venture entity

S S KOTHARI MEHTA

& CO. LLP CHARTERED ACCOUNTANTS

1. Based on our review conducted and procedure performed as per para J above and upon considerat ions ol reports of other auditors and management certified financial information read with para 8 below, nothing further has come to our attention that causes us to believe that the accompanying Statement . prepared in accordance with recognition and measurement principles laid down in th e appli cabk Indian Account ing Standards i.e. 'lnd AS' prescribed under Section 133 of the Act, read with relevant Rules issued thereunder and other recognized accounting principles generally accepted in India, has not disclosed the information required to be disclosed in tenns of the Listing Regulation, including the manner in which it is to be disclosed. or that it contains any material misstatement.

6. Emphasis of Matter

We draw attention to Note 3 to the accompanying statements, wherein during the earlier year in view of continued situation of industrial unrest, the Holding Company has declared lockout at its engineerin);! business undertaking. On the basis of legal advice, the Management of the Holding Company is of the vie\~ that the present lockout is legal and justified. Therefore, the Holding Company has not made any provision for wages pertaining to the lockout period October 22, 20 I 9, to December 31 . 2025. of the wo rkmen on ro ll as on December 31 , 2025, aggregating to Rs. 7845 lakhs (for the current quarter Rs. 120 lakhs). Our conclusion is not modified in respect of this matter.

7. Material Uncertainty on Going Concern

We draw attention to Note 4 and 5 of the Statement highlighting that the Holding Company had entered into a Joint Development Agreement dated August 11, 2022 (JDA) with a party (Developer) for develupment ol' its land situated at Hisar (Project Land). Under the said JDA, the Developer is respunsiblc tu obtain .iml maintaining all the statutory approvals including development license. The license issued for th,· development of Project land has been suspended and remains pending revocation or the suspension On.kr.

Page 2 of 4

In view of inordinate delay in the matter and continuing breaches of ohligmions on the r art of Dl·vclorcr. th,· Holding Company has issued a notice on November I. 2025 for forfeiture and termination of the J DA c1s per details given in the said note(s) notifying the Developer for the forfeiture of the amount paid by them umkr JOA and the termination of JOA upon such forfeiture. The Developer tiled a Section 9 petition under th e Arbitration and Conciliation Act, 1996, before the Hon'ble Delhi High Court seeking interim reliefs. including stay of the said Notice of forfeiture and restraint the Company on creating third-party rights over the Project Land. Pending adjudication of said petition and/or conclusion of arbitration proceedings., no accounting impact of the said forfeiture is being recognized in the financial results for lhe period endcJ December 31, 2025 and the advance of Rs. 5,000 lakhs received by the Company from Developer under th..: said IDA, have been shown under the current liabilities. Pursuant to above, the current liabilities of the Group include the said advance of Rs. 5,000 lakhs received under JDA exceed the current assets by Rs 284 lakhs as at December 31 , 2025.

The management of the Holding Company believes that with infusion of liquidity by focusing tmanflging nl' its real estate assets/operation including sale/ disposal of Holding Company's land pieces presently not in use for business operation, and/or the Holding Company's plans of restructuring of its Engineering Busi ness Undertaking as well as other interim measures to improve liquidity. the Company will be able to continue its operation for the foreseeable future. Accordingly. the financial results of the Company have been prepareJ on a going concern basis.

Our conclusion is not modified in respect of this matter.

7. Other Matters

• a) We did not review the unaudited quarterly financial results of 4 subsidiaries whose unaudited financial results reflect total revenue of Nil and Nil, total loss after tax of Rs. 0 lakh and Rs. 0 lakh and total Comprehensive loss of Rs. 0 lakh and Rs. 0 lakh for the quarter ended December 31, 2025, and the yearto-date results for the period April O I. 2025, to December 31, 2025, respectively. as considered in thi~ Statement. An independent auditor's review report on interim financial results of these subsidiaries has been furnished to us by the management and our conclusion on the statement, in so far as it relates to the amounts and disclosures in respect of these subsidiaries is based solely on the report of such auditors and procedures performed by us as slated in paragraph 3 above.
• b) We did not review the unaudited financial results of2 subsidiaries, including one step down subsidiary. whose unaudited financial results reflect total revenue of Rs. 147 lakh and Rs. 193 lakh. total pro lit a tier tax of Rs. 24 lakh and Rs. 29 lakh and total Comprehensive income of Rs. 28 lakh and Rs. 33 lakh for the quarter ended December 31,2025, and the year-to-date results for the period April O I, 2025, 10 December 31, 2025. respectively, as considered in this Statement. Our report. to the extent it concerns these subsidiaries on the unaudited quarterly financial results, is based solely on the management certified financial results/financial information. These subsidiaries are not considered mah.:rial to th.: Group.

Page 3 of 4

S S KOTHARI MEHTA & CO. LLP CHARTERED ACCOUNTANTS

An independent auditor's report on interim standalone/consolidated financial results of this joint venn1re has been furnished to us by the management and our conclusion on the Statement, in so far as it n:latc~ to the amounts and disclosures in respect of this joint venture is based solely on the report of such auditor and procedures performed by us as stated in paragraph 3 above.

For S S Kothari Mehta & Co. LLP 756N/N500441

Partner Membership No: 411678

Place: New Delhi Dated: February 12, 2026 UDIN = 2 t lt 1161-8 lJ y 1 IC 1, i 9--~ 'th

DCM LIMITED

Rtgd. Office: 2050-2052, 2nd Floor, Pl zll•II, C:rntl'lll Square, 20, l\hnohar I.RI KhurRnR MuJ, RAr1 Hindu Rllo, Dtlhl. 110006 E-mail: invcstnn@dcm.in Phone: 011-41539170 CIN: L74899DL1889PLC000004

Statement of Unaudited Consolidated Flnanci1l Results fc,r the quu1er and nine mvnths ended December 31, 2025

							(Rupees in lakh)
		For the quarter ended			Nine months ended	For the year ended
	S.No. Particulars	2025	December 31, September 30, 2025	December 31. 2024	December 31. 2025	December 31. 2024	March 31. 2025
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1	Revenue
(a)	Revenue from operations Other income	1,768	1,762	1.734	5.291	5.241	6,904
(b)	Total income	77 1,845	116 1,878	496 2,230	257 5,548	603 5,844	76()
							7.664
$\overline{2}$	Expenses
(a)	Cost of materials consumed	$\blacksquare$			$\overline{a}$
(b)	Changes in inventories of finished goods and work in progress
(c)	Employee benefits expense	995	1.028	952	2.951	2,904	3.797
(d)	Finance costs	26	60	44	114	152	183
(c) (f)	Depreciation and amortization expense Other expenses *	94	94	93	285	320 2012	411 2811
		826	754	616	2.286
	Total expenses	1,941	1,936	1,705	5,636	5,388	7,202
3	Profit before tax	(96)	(58)	525	(88)	456	462
4	Share of Profit of equity accounted investee	129	228	1.597	679	1,834	1.998
5	Profit before tax	32	170	2,122	590	2,290	2,460
6	Tax expense Current tax	74	27	70		191
	Tax adjustment relating to prior periods	$\boldsymbol{0}$	$\bf{0}$	(0)	165 $\theta$	5	267 Š.
	Deferred tax expense (Refer Note 7)	(12)	(2)	(4)	(14)	(4)	(4)
	Total tax expense	62	25	66	151	192	268
$\boldsymbol{7}$	Profit for the period/year	(30)	145	2,056	439	2,098	2,192
8	Other comprehensive income
(a)	Items that will not be reclassified to profit or loss
	Re-measurement (losses)/ gains of defined benefit obligations (net			15	6	44	23
	of tax)	6
(b)	Items that will be reclassified to profit or loss
	Exchange difference in translating financial statements of foreign
	operations (net of tax)	$\overline{\mathbf{3}}$			3
	Share in other comprehensive income/(expense) of joint venture
(c)	(net of tax)	$\bf{0}$	$\bf{0}$	$\mathbf{0}$	$\mathbf{0}$	$\mathbf{0}$	(0)
9	Total comprehensive Income for the period/ year	(21)	145	2,071	448	2,142	2,215
10	Paid up equity share capital (Face value Rs. 10 per share)	1,868	1,868	1,868	1,868	1,868	1,868
11	Other equity						2,424
12	Earnings per equity share (EPS) of Rs. 10 each
	(not annualised) Basic and Diluted		0.78	11.00	2 35	1123
		(0.16)					11.73

• Other expenses includes sub-contracting rxprnses

DC M LIMITED

Rcgd. Office: 2050-2052, 2nd Floor, Plua-11, Central Square, 20, Manohar Lal KhunnM MHrK, Bftrft lllndu Rao, Delhi • 110006 E-mail: investors@dcm.in Phone: Ol l-415J9170 CIN: L 74899DLl889PLC000004

l'iute~:

t. Consolidated segment wise information for the quarter and nine months ended December 31, 2025

For lh1· )'l'H r Nine months ended For the quarter ended rndrci Septembc r December JI, Dtl'trnhcr JI, .\lu<"h J 1. December JI. December JI, S.No . Particulars 2025 202,f J0, 2025 2024 2025 202s l lnudiled l 'nauditrd l 'nHud ilrd \udih'd l lnaudited I lnaudiled Segment revenue I 5,214 5.272 6,877 IT Services 1.707 1,750 1,768 a) Real Estate b) ,- 19 Grey Iron Casting 27 (0) ~7 12 c) d) Others S,241 6.904 1,734 Total 1,762 ~.2YI 1,768 Less : Inter sel!ment revenues 6,904 Net revenue from operations J,734 ~.291 ~.241 1,768 1,762 Srgment results {Profif/(Loss) before interest and tu from ordinary activities) 2 1/1)7 6~ 7 a) IT Services 259 510 211 82 Real Estate II/ b) ~II Grey Iron Casting (240) ( 108) 11 0 I) c) i.1X hi lhll.1 1 (,l(,XJ (0) d) Others (0) 11 1, (0) (01 {ill Total 281 (JO) (26) 324 158 41 Less : I) Finance costs 60 44 26 114 152 1~3 HIii (~8) I(, : II) Un-allocable expenditure net of un•allocable income 41 I ;: I ' ( : ~ 7' 228 1.5'17 67'1 Share of Profit /(loss) of equity accounted investee 1.8.14 I 1/1/X 12'1 Profit before tu 32 170 2,122 S90 2,4(,IJ 2.2911 3 Segment assets 5.322 5,276 4,678 a) IT Services 5.322 4.67X -I.X l 8 176 170 171) I ·1, 176 Real Estate b) 176 3,023 .1.31, 3, 183 3.529 3.(12:1 c) Grey Iron Casting 3.~~l) d) Others 18 18 18 18 18 18 x 12· 8,!'iJ9 8,J9!'i Total s~ment assets !l,6!'iJ H.!i3'/ 11l')~ 4,395 4,408 ~-~(,7 4.1 X4 Others un-allocated 4.567 4.3Y~ Total assets 12,9J4 IJ,061 12,962 12.~I I 12,9J4 I 2,'J62 4 Segment liabilities 95} a) IT Services 784 786 7~] 7R4 7R6 b) Real Estate 6,671 6,t, 71 6,745 6.650 7.126 7.11h Grey Iron Casting 579 (1 7Y 570 579 67Y (,lN C) d) Others II II II II II II Total se&ment liabilities S.045 8,184 8,602 8,04!'i 11 .01111 11,601 Others un-allocated (excluding borrowings) 14Y 116 142 14'1 I ,I : Total liabilities 11,194 11,300 11 ,194 11,744 ll,74~ H.21'1				(Kupres in lakh)
				1.:, I

~--- . - /f.1llf j /---4 , r ^~10( ' i ,,. ~*\, ,··· .····-· .... , ti ,r:L\'\J ··, t) r- .::--_-.,:---t::'

• 1. These Consolidated financial results have been prepared in accordance with the rewgnition and measurement principles of the Companies (Indian Accounting Standards) Rules, 201 5, (Ind AS), prescribed under Section 133 of the Companies Act, 2013, other accounting principles generally accepted in India and are in compliance with the presentation and disclosurl' requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).
• 1. In view of continued situation of industrial unrest at Engineering Business Undertaking (referred as Engineering Division) of the Holding Company, situated at Village Asron, District Shaheed Bhagat Singh Nagar (Punjab), the management of the Engineering Division hc1 d recommended declaration of lockout. The Board of Directors of the Holding Company in their meeting held on October 21, 2019 had accordingly approved the declaration of lockou t at its Engineering Division w.e.f. October 22, 2019.

The lockout was opposed by the workmen of said Engineering Division before the La bour Authorities and presently the matter remains sub-judice before the labour authorities. Based on the legal advice received by the Holding Company, the management is of the view that tht• present lockout is legal and justified. Therefore, the Holding Company has not made any provision for wages pertaining to the lockout period October 22, 2019 to December 31 , 2025 uf the workmen dues aggregating to Rs. 7845 lakh out of which Rs. 126 lakh pertain to quc1rtt-r ended on December 31, 2025.

The Holding Company is evaluating and pursuing various options concerning its Engineering business/ operations. As and when anything is finalized, it shall seek requisite approvals from the Board and other stakeholders and make requisite intimations as required under applicablP laws. ln the interim, the Holding Company is continuing with its endeavors to upkeep tht-> factory and to rationalize the workmen force.

1. The Holding Company had signed a Joint Development Agreement on August 11, 2022 ("JOA") for the development of its 68.35 acres of land situated in the revenue state of Village Bir Hisar, Sector-23, Hisar, Haryana (referred as "Hisar land" or "Project Lind") with GCO Prinw ("Developer") subject to fulfillment of certain terms and conditions by the Developer as well il~ receipt of regulatory approvals. Under the JOA, among other obligations, the Developer is responsible to obtain, and maintain as valid and subsisting, all statutory approvals including the development license.

In this connection, the Holding Company had received a license no.179 of 2022 for jnin I development with the said Developer on November 10, 2022 in respect uf 67.275 acres uf :-,,1id Hisar land under Regulation of Urban Area Act, 1975 for setting-up of affordable residential plotted colony under Deen Dayal Jan Awas Yojana-2016 ("Project").

The Director General, Town and Country Planning, Haryana, however, suspended the said license no.179 of 2022 in April 2023 taking a note that an enquiry has been initiated against tht• Holding Company by Deputy Commissioner in respect of the Company's land at Hisa r.

In view of inordinate delay in the matter and continuing breaches of obligations on the part of Developer to get the revocation of said suspension order from Haryana Government, in terms of ]DA, the Holding Company has issued a Notice of forfeiture and termination of said JDA on November 1, 2025, notifying the Developer that the amount paid by them to the Holding Company under JDA shall stand forfeited upon the expiry of 15 days from the date of receipt of said Notice of forfeiture and termination and the JOA shall stand terminated upon such forfeiture and all rights available to Developer under JDA shall stand revoked .

The Developer has filed a petition under section 9 of Arbitration and Conciliation Act 19% seeking interim reliefs before the Hon'ble Delhi High Court including but not limited to stay of operation of said Notice of forfeiture and termination and restraining the Holding Company from creating third party rights over the Project Land. The said court proceedings remained pending for adjudication.

As per the legal advice, the Holding Company has a strong arguable case on merits against the petition filed by Developer. Subject to the outcome of the said proceedings before the Hon'bk Delhi High Court, the Holding Company will continue to take necessary steps in connection with the proposed development of its said Project land at Hisar including but not limited to initiating necessary steps for revocation of suspension order of license no.179 of 2022 and/ or to explore all alternate option(s) in the matter.

1. Pending the adjudication of petition filed by the Developer to seek interim relief as per det,1il-, given in note 4 above and/or conclusion of Arbitration proceedings in the matter, without prejudice of Holding Company's right of forfeiture of advance of Rs. 5,000 lakh received from the Developer under the JDA, no adjustment has been made in these accounts in respect of said advance of Rs. 5,000 lakh and the same is being shown under current liabilities as on December 31, 2025. Pursuant to above, the current liabilities of the Group, including the said advance of Rs. 5,000 lakh under JOA, exceed the current assets by Rs. 284 lakh as at December 31, 2025.

The Holding Company believes that with the infusion of liquidity by focusing and managing of its real estate assets/operation including sale/ disposal of Holding Company's land piece~, presently not in use for business operation, and/ or the Company's plan of restructuring of its Engineering Business Undertaking as well as other interim measures to improve liquidity, tht> Holding Company will be able to continue its operations for the foreseeable future .

Accordingly, the financial results of the Holding Company have been prepared on a going concern basis.

1. The Holding Company has reviewed the deferred tax asset/ deferred ta x liabilities vn deductible/ taxable temporary differences between tax base of asset and liabilities and tht'.ir carrying amount for financial reporting purposes at each reporting date. However, due to continue situation of uncertainty of sufficient taxable profit to recover the accumulated losses and unused tax credits against the taxable profits in future years related to Holding Company, deferred tax asset of the Holding Com . .,,,_.,c-:':r""'-'ave not been considered in the financial results.

• 1. Consequent to the implementation of the new Labour Code, the Group has provided additional Employee's benefit expenses of Rs 76.80 lakh during the quarter, on account of past service cost. The Government is in the process of notifying related rules to the New Labour Codes and impact of these will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notified .
• 1. The standalone financial results are available on the Holding Company's website www.dcm.in. The particulars in respect of Holding Company's standalone results are asunder:

	(Rs. In lakh )

Particulars	Quarter ended					·- Year Ended
	December 31,2025	September 30,2025	December 31,2024	December 31,2025	December 31,2024	March 31,2025
Revenue from operations	-	12	27	19	27 1	27
Profit/(loss) before tax	(363)	141	203	(415)	(251) !	152
Profit/(loss) after tax	(363)	141	203	(415)	(251)	152
Total comprehensive income	(365)	141	218	(417)	I ,201) I	174 --- I
Profit before interest, depreciation and tax (EBIDT)	(265)	241	317	(117)	151	I 653
Cash profit/ (loss)	(288)	216	276	(190)	8	482 -

1. The unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, unaudited consolidated financial results for the quarter and nine months end l'd December 31, 2024 and audited consolidated financial results for the year ended March 31, 2025 have been prepared by the Group in accordance with the requirements of Ind AS l lU "Consolidated Financial Statements", Ind AS 111 "Joint Arrangements" and Ind AS 28 "Investments in Associates and Joint Ventures", as specified under Section B J of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, 2015 and on the basis of the separate reviewed financial results of the Parent Company, it~ subsidiaries, its society and jointly controlled entity and subsidiaries of the jointly control led entity or management certified financial results/financial information, as available .

The unaudited financial results of 7 subsidiaries including one step down subsidiary namely DCM Infotech Solution Inc, USA (w.e.f. July 03, 2025) and other 6 namely DCM lnfotech Limited, DCM Infinity Realtors Limited, DCM Landmark Estates Limited, DCM Engineering . .,.,..:=~

Limited, DCM Realty and Infrastructure Limited and DCM Engineering Products Education Society have been consolidated. Financial results of 5 out of above 7 have been reviewed by their respective statutory auditors.

The Group has also consolidated the unaudited financial results of one joint venture entity, Purearth Infrastructure Limited, along with its three subsidiary companies- Kalptru Reali!\· Private Limited, Kamayani Facility Management Private Limited, and Vighanharta Estates Private Limited. The standalone financial results of the joint venture have been reviewed by it~ statutory auditors.

• 1. The Municipal Corporation of Delhi (MCD) vide its letter dated 04 September 2025 has raised demand of Rs. 24,134 lakhs for conversion of Plaza 1, 2 and 3 of the Joint Venture Company's project at Bara Hindu Rao, Kishan Ganj, Delhi from Industrial use to commercial use. In response to said demand, the Joint Venture Company has sent letters dated 9 September 2025 and 23 September 2025 to MCD, raising its objections to the conversion charges. The Joint Venture Company has also filed a writ petition dated 03 November 2025 with the High Court of Delhi. Based on the legal advice obtained by the Joint venture Company, said demand is not sustainable, accordingly no provision has been considered by the Joint Venture Company in their financial information for the quarter and nine months ended 31 December 2025 ..
• 1. The figures for the previous periods have been regrouped/ rearranged where\'er necessary.
• 1. Amount mentioned as 'O' in the financial results is below rounding off threshold adopted by th(' Company. Adding the individual figures may therefore not always result in exact total given.
• 1. The above results have been reviewed by the Audit Committee and approved by the Board uf Directors of DCM Limited at its meeting held on February 12, 2026. The unaudited fin,rncic1 I results for the quarter and Nine months ended December 31, 2025 have been limited reviewt•d by the Statutory Auditors of the Company. The limited review report of the statutory auditor~ is being filed with the BSE Ltd and National Stock Exchange of India Ltd. For more details on the consolidated results, visit Company's website www.dcm.in and Financial Results umfrr Corporates section of www.nseindia.com and www.bseindia.com.

For and on behalf of the Board of Directors of D C M Limited

Jitendra Tuli Chairman DIN: 00272930

Place: Delhi Date: February 12, 2026

Independent Auditor's Review Report on Quarterly and Year to date Unaudited Standalone financial results of the Company, Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

& CO. LLP CHARTERED ACCOUNTANTS

Review Report to The Board of Directors, DCM Limited New Delhi

--- S S KOTHARI MEHTA

• l. We have reviewed the accompanying statement of unaudited standa lone linancial resu lts 01· DC~ Limited ( the "Company") for the quarter ended December 31, 2025 and year to date results for the periud frum April 0 I. 2025 to December 31, 2025, along with notes (the "Statement .. ), attached herewith, being submitted by th~ Company pursuant to the requirement of Regul ation 33 of the SEBI ( Listing Obligations _and Disclosure Requirements) Regulations, 2015, as amended, (the "Listing Regulations").
• 1. This Statement, which is thi:: ri::sponsibility of thi:: Company's Managemi::nt and approvo::d by tho:: Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, "Interim Financial Reporting" (Ind AS 34) prescribed under Section 1:i:i oi' the Companies Act, 2013 as amended (the Act), read with relevant rult:s issued thereundi::r and other a1.:counting principles generally accepted in India and in compliance with Regulation 33 of the Listing Obli gations. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. We conducted our review of the statement in accordance with the Standard on Review Engagement (SRE) 2410. Review of Interim Financial Information performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform th e revii:w to obtain moderate assurance as to whether the Statement is free of materi al misstatement. A review uf interim financial information consists primarily of making inquiries of company personnel responsible fur linam.:ial anu accounting matters and applying ana lytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant maners that might be identified in an audit. Accordingly. we do not express an audit opinion.
• 1. Based on our review conducted as above , nothing has come to our attention that cau~cs us tu hc·lic·,c· that th e· accompanying statement prepared in all material respects in accordance wi th recugnitiun and measurement principles laid down in the aforesaid Indian Accounting Standards (Ind-AS) spec ified ,under sect ion 133 ur the Act, read with relevant rules issued thereunder and other accounting principles generally a,xepted in India, has not disclosed the information required to be disclosed in terms of Listing Regulation, including the manner in which it is to be disc losed, or that it contains any material misstatement.

5. Emphasis of' Matter

We draw attention to Note 3 of the Statement, wherein during the earlier year, in view or continued situation or industrial unrest, thi:: Company has declared lockout at its enginei::ring business undertaking. On the basis or lt:gal advice, the Management of the Company is of the view that the present lockout is legal and justified. Therefore, the Company has not made any provision for wages pertaining to the lockout period October 22. 20 I 9, tu December 31, 2025, of the workmen on roll as on December 31, 2025. aggregat ing to Rs. 7R45 lukhs (current quarter Rs. 126 lakhs). Our conclusion is not modified in respect to this matter.

Page 1 of 2

S S KOTHARI MEHTA & CO. LLP CHARTERED ACCOUNTANTS

6. aterinl Uncertainty on Going Concern

We draw attention lo Note 4 and 5 of the Statement high lighting that the Company hat.I t:nt.:red intu a Jmnt De elopment Agreement dated August 11 , 2022 (JOA) with a party (Developer) for dt"\clopmcnt I r it land situated at Hisar (Project Land). Under the said JDA, the Deve loper is responsib le to obwin and maintaining all the statutory approvals in luding development license. The license issued for the development uf Pr0Ject land has been suspended and remains pending revocation of the suspension Order.

ln view of inordinate delay in the matter and continui ng breaches of obligations on the part of Oe,c loper, the Company has issued a notice on ovember I, 2025 for forfei ture and termination of the JOA as per tkta1 ls giwn in the aid note(s) notifying the De eloper for the forfeitur.: of the amount paid by tho::m unckr JOA and thl· termination of JOA upon such forfeiture. The Developer fi led u Section 9 petition under th' Arb11rnt1un and Conciliation Act, 1996, before the Hon' ble Delhi High Court seeking interim relief. induding stay of the ·aid Notice of forfeiture and restraint the Company on creating thirtl-party rights over the Project Lant!. Pending adjudication of said petition and/or conclusion of arbitration proceedings. no accounting impact uf the said forfeiture is being recognized in the linancial results fo r the period entled December :i I. 2025. anti the advance of Rs. 5,000 lakhs recewed by the Company from Developer under the said JOA, h.ivc been ,hown under the current liabilities. Pursuant to abo e, the current liabilities or th, Compa11y ineluue the ~aiu advanc1: uf R, 5.llllO lakh received under JOA exceed the current a els by Rs -l.162 lakh a, al Dccemhcr 31. 2025

The management of the Company believes that with infusion ofliquidiry by focusing /managi ng ur its real estate assets/operation including sale / disposal of Company's land pieces presently nut in use for busines upcrntiun. and or the Company's plans of restructuring of its Engineering Busine s Undertaking as well as other interim measures to improve liquidity, the Company wi ll be able to continue its operation for the fon:~eeable future. Accordingly. the financia l results of the Compnny have been prepared on a going concern ba i ..

Our conclusion is not modi lied in respect of this mauer.

For S S Kothari Mebt & Co. LLP Chartered Ace mt

Partner Membmhip No.: 411678

Place: New Delhi Dated: February 12. 2026 UDIN : ~61.i\161-i \$ OZNLE:.:l50

I

DCM LIMITED

R<gd, Office: 2050-2052, 2nd Floor, Plua-11, Central Square, 20, Manohar Lal Khorana Marg, Dara Hinda Rao, Delhi - 110006 E-mail: in,·nton@dcm.in Phone: 011-41539170 CIN: L74899DLl83'PLCOOOOO◄

Slltrmmt of Unaudited Standalon• Financial Rnull! for tht quarttr and nine months tndtd Deccmbtr JI, 1015

							(Rupees in lakh)
		For the quarter ended			Nine months ended		For the year ended
S.No.	Particulars		September 30,	December 31.	December 31.	December 31	March 31, 2025
		December 31, 2025	2025	2024	2025	2024
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1	Revenue
(a)	Revenue from operations	٠	12	27	19	27	27
(b)	Other income	18	362	431	399	544	1,349
	Total income	18	374	458	418	571	1,376
$\overline{2}$	Expenses
(a)	Cost of materials consumed	$\overline{\phantom{a}}$	۰	$\overline{\phantom{a}}$
(b)	Changes in inventories of finished goods and work in progress	٠		$\overline{\phantom{a}}$			۰
(c)	Employee benefits expense	79	72	80	223	245	288
(d)	Finance costs	23	25	41	73	143	171
(e) (f)	Depreciation and amortization expense Other expenses	75	75	73	225 312	259 175	330 435
		204	61	61
	Total expenses	381	233	255	833	822	1,224
3	Profit/(Loss) before tax	(363)	141	203	(415)	(251)	152
4	Tax expense
	Current tax	$\blacksquare$	٠
	Tax adjustment relating to prior periods	$\blacksquare$
	Deferred tax expense (Refer Note 7)	$\centering \label{eq:reduced}$	$\blacksquare$	$\overline{\phantom{a}}$	$\blacksquare$	٠	$\overline{a}$
	Total tax expense	$\overline{\phantom{0}}$	$\overline{\phantom{0}}$	۰	÷	٠	٠
5	Profit/(Loss) for the period/year	(363)	141	203	(415)	(251)	152
6	Other comprehensive income
	Items that will not be reclassified to profit or loss
	Re-measurement (losses)/ gains of defined benefit obligations	(2)	٠	15	(2)	44	22
	Income tax relating to remeasurement on defined benefit plan
7	Total comprehensive Income/(loss) for the period/ year	(365)	141	218	(417)	(207)	174
8	Paid up equity share capital (Face value Rs. 10 per share)	1,868	1,868	1,868	1,868	1,868	1,868
9	Other equity						(915)
10	Earnings/ (loss) per equity share (EPS) of Rs. 10 each
	(not annualised) Basic and Diluted	(1.94)	0.76	1.08	(2.22)	(1.34)	0.81

DCM LIMITED

Regd. omc:e: 2050-2052, 2nd Floor, Plo:u-O, Centro! Squore, 20, Monohar Lal Khur•n• MorR, Dor• Hi ndu Roo, Delhi· 110006 E-mail: invtston@dc:m.in Phone: 011-41539170 CIN: L74899DL1889PLC000004

Notts:

/

t. Standalone segment wist information for the qaartu and nine months ended Dtumber 31, 2025

Nine months ended For the quarter ended ended Partic:ulars Dtc:ember 31, September 30, Dttembcr 31, S.No. Dttember 31, 2025 Dttember 31, 2024 March 31, 2025 2025 2025 2024 Unaudited Unaudited Unaudited Unaadited Audited Unaudited 1 Segment revenue (a) Real Estate (b) Grey Iron Ca.sting 27 27 19 12 27 Total 19 27 12 Less : Inter segment revenues 27 Net revenue from ot>trations 19 27 12 2 Segment rtsults {l'rolit/(Loss) before interest and tax from ordinary ac,tivities) (a) Real Estate 10 (b) Grey Iron Casting (386) (468) (108) (101) (240) Total (376) (IOI) (468) (240) (108) Less • I) Finance costs 73 143 23 25 41 : II) Un-allocable expenditure net of un-allocable income (126) (268) (274) (345) 100 Profit before tax (363) (415} (251 203 141 3 Segment assets (a) Real Estate 176 176 176 176 176 3,023 (b) Grey Iron Casting 3,183 3,529 3,023 3,529 Total segment assets 3,199 3,359 3,705 3,199 3,705 4,744 4,886 Others un-allocated 4,821 4,744 4,821 7,943 8,245 Total asstts 8,526 7,943 8,526 4 Segment liabilities (a) Real Estate 6,671 6,650 7,126 6,671 7,126 (b) Grey Iron Casting 519 570 679 579 679 Total segment liabilities 7,250 7,220 7,805 7,250 7,805 157 Others un-allocated (excluding borrowings) 124 149 157 149						(Rupees in lakh)
						For the year
						27
						27
						27
						14
						(603 )
						(589)
						171
						(912)
						152
						176
						3,315
						3,491
						4,955
						8,-146
						6,745
						609
						7,354
						139
7,407	Total liabilities	7,407	7,344	7,954	7~4	7,493

• 1. These Standalone financial results have been prepared in accordance with the recognition and measurement principles of the Companies (Indian Accounting Standards) Rules, 2015, (Ind AS), prescribed under Section 133 of the Companies Act, 2013, other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).
• 1. In view of the continued situation of industrial unrest at Engineering Business Undertaking (refer as Engineering Division) of the Company, situated at Village Asron, District Shaheed Bhagat Singh Nagar (Punjab), the management of the Engineering Division had recommended declaration of lockout. The Board of Directors of the Company in their meeting held on October 21, 2019 had accordingly approved the declaration of lockout at the Engineering Division w.e.f. October 22, 2019.

The lockout was opposed by the workmen of said Engineering Division before the Labour Authorities and presently the matter remains sub-judice before the labour authorities. Based on the legal advice received by the Company, the management is of the view that the present lockout is legal and justified. Therefore, the Company has not made any provision for wages pertaining to the lockout period i.e., October 22, 2019 to December 31, 2025 of the workmen dues aggregating to Rs. 7845 lakh out of which Rs. 126 lakh pertain to quarter ended on December 31, 2025.

The Company is evaluating and pursuing various options concerning its Engineering business/ operations. As and when anything is finalized, it shall seek requisite approvals from the Board and other stakeholders and make requisite intimations as required under applicable laws. In the interim, the Company is continuing with its endeavors to upkeep the factory and to rationalize the workmen force.

1. The Company had signed a Joint Development Agreement on August 11, 2022 ("JOA") for the development of its 68.35 acres of land situated in the revenue state of Village Bir Hisar, Sector-23, Hisar, Haryana (referred as "Hisar land" or "Project Land") with GCD Prime ("Developer") subject to fulfillment of certain terms and conditions by the Developer as well as receipt of regulatory approvals. Under the JOA, among other obligations, the Developer is responsible to obtain, and maintain as valid and subsisting, all statutory approvals including the development license.

In this connection, the Company had received a license no.179 of 2022 for joint development with the said Developer on November 10, 2022 in respect of 67.275 acres of said Hisar land under Regulation of Urban Area Act, 1975 for setting-up of affordable residential plotted colony ~der Deen Dayal Jan Awas Yojana-2016 ("Project").

The Director General, Town and Country Planning, Haryana, however, suspended the said license in April 2023 taking a note that an enquiry has been initiated against the Company by Deputy Commissioner in respect of the Company's land at Hisar.

In view of inordinate delay in the matter and continuing breaches of obligations on the part of Developer to get the revocation of said suspension order from Haryana Government, in terms of JDA, the Company has issued a Notice of forfeiture and termination of said JDA on November 1, 2025, notifying the Developer that the amount paid by them to the Company under JDA shall stand forfeited upon the expiry of 15 days from the date of receipt of said Notice of forfeiture and termination and the JDA shall stand terminated upon such forfeiture and all rights available to Developer under JDA shall stand revoked.

The Developer has filed a petition under section 9 of Arbitration and Conciliation Act 1996 seeking interim reliefs before the Hon'ble Delhi High Court including but not limited to stay of operation of said Notice of forfeiture and termination and restraining the Company from creating third party rights over the Project Land. The said court proceedings remained pending for adjudication

As per the legal advice, the Company has a strong arguable case on merits against the petition filed by Developer. Subject to the outcome of the said proceedings before the Hon'ble Delhi High Court, the Company will continue to take necessary steps in connection with the proposed development of its said Project land at Hisar including but not limited to initiating necessary steps for revocation of suspension order of license no.179 of 2022 and/or to explore all alternate option(s) in the matter.

1. Pending the adjudication of petition filed by the Developer to seek interim relief as per the details given in Note 4 above and/ or conclusion of Arbitration proceedings in the matter, without prejudice of Company's right of forfeiture of advance of Rs. 5,000 lakh received from the Developer under the JOA, no adjustment has been made in these accounts in respect of said advance of Rs. 5,000 lakh and the same is being shown under current liabilities as on December 31, 2025. Pursuant to above, the current liabilities of the Company including the said advance of Rs. 5,000 lakh under JDA, exceed the current assets by Rs. 4,162 lakh as at December 31, 2025.

The Company believes that with the infusion of liquidity by focusing and managing of its real estate assets/ operation including sale/ disposal of Company's land pieces, presently not in use for business operation, and/ or the Company's plan of restructuring of its Engineering Business Undertaking as well as other interim measures to improve liquidity, the Company will be able to continue its operations for the foreseeable future.

Accordingly, the financial results of the Company have been prepared on a going concern basis.

1. Other income includes dividend of Rs. Nil during the quarter ended December 31, 2025 (Rs. 346 lakh during the quarter ended September 30, 2025 and Rs 761 lakh for twelve months ended March 31, 2025) and liabilities/provision no longer required written back of Rs Nil during the quarter ended December 31, 2025 (Rs. Nil during the quarter ended September 30, 2025 and Rs 119 lakh for twelve months ended March 31, 2025). ,._. ,-

• 1. The Company has reviewed the deferred tax asset/ deferred tax liabilities on deductible/ taxable temporary differences between tax base of asset and liabilities and their carrying amount for financial reporting purposes at each reporting date. However, due to continuing situation of uncertainty of sufficient taxable profit to recover the accumulated losses and unused tax credits against the taxable profits in future years, deferred tax asset have not been considered in the financial results.
• 1. The figures for the previous periods have been regrouped / rearranged wherever necessary.
• 1. Consequent to the implementation of the new Labour Code, the Company has provided additional Employee's benefit expenses of Rs 15.71 lakh during the quarter, on account of past service cost. The Government is in the process of notifying related rules to the New Labour Codes and impact of these will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notified.
• 1. Amount mentioned as 'O' in the financial results is below rounding off threshold adopted by the Company. Adding the individual figures may, therefore, not always result in exact total given.
• 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 12, 2026. The audit report of the statutory auditors is being filed with the BSE Ltd and National Stock Exchange of India Ltd. For more details on the standalone results, visit Company's website www.dcm.in and Financial Results under Corporates section of www.nseindia.com and www.bseindia.com.

For and on behalf of the Board of Directors of D C M Limited

,---_ _, / - // ). Jitendra Tull Ii c.:i \ \ . Chairman • ·k DIN: 00272930

Place: Delhi Date: February 12, 2026

Annexure - II

Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024:

1	Reason for change viz. appointment, resignation, removal, death or otherwise	Upon recommendation of the Nomination and Remuneration Committee, the Board of Directors, appointed Ms. Sonal Gupta (ICSI Membership No.: A36974) as Company Secretary (Key Managerial Personnel) and Compliance Officer of the Company in place of Mr. Arjit Gupta who was relieved in his capacity
		as Company Secretary & Compliance officer of the Company w.e.f December 12, 2025.
2	Date of appointment/cessation (as applicable) & term of appointment/re appointment	February 12, 2026
3	Brief profile (in case of appointment)	Ms. Sonal Gupta is a commerce and law graduate and an Associate Member of the Institute of Company Secretaries of India. She has over 11 years' experience of working with corporate sector and prior to this company, she was associated with the Abhey Oswal Group as Company Secretary and has also worked with Delhi International Airport Limited (GMR Group) and The Times of India Group
4	Disclosure of relationships between directors (in case of appointment of a director)	Not Applicable

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