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Dynacons Systems & Solutions Ltd

DSSL·NSE
1,030.40+0.80%Wed, 23 Sept '26

Dynacons Systems & Solutions Ltd

DSSL
NSE
1,030.40
+0.80%
|Wed, 23 Sept '26
SOICxStockScans Reports
6M
Price
Charts
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Quick Ratios

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Mkt Cap
Market Capitalization
1,312Cr
Close
Close Price
1,030.40
Industry
Industry
IT - Software
PE
Price To Earnings
15.44
PS
Price To Sales
0.93
Revenue
Revenue
1,409Cr
Rev Gr TTM
Revenue Growth TTM
10.51%
PAT Gr TTM
PAT Growth TTM
13.99%

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
220227282321306311329329352341402314
Growth YoY
Revenue Growth YoY%
-10.731.924.58.639.337.116.62.515.09.522.4-4.6
Expenses
ExpensesCr
201208263296281284299297315300366274
Operating Profit
Operating ProfitCr
191919252627293237413640
OPM
OPM%
8.68.46.97.78.38.89.09.710.611.99.012.8
Other Income
Other IncomeCr
112121211122
Interest Expense
Interest ExpenseCr
222223655677
Depreciation
DepreciationCr
000020113468
PBT
PBTCr
171819242425252631312526
Tax
TaxCr
554666778867
PAT
PATCr
131314181818182023231920
Growth YoY
PAT Growth YoY%
38.374.614.425.745.040.329.211.624.427.34.30.8
NPM
NPM%
5.75.85.05.56.05.95.56.06.46.94.76.3
EPS
EPS
9.910.411.113.814.314.514.315.417.818.514.915.5
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
220227282321306311329329352341402314
Growth YoY
Revenue Growth YoY%
-10.731.924.58.639.337.116.62.515.09.522.4-4.6
Expenses
ExpensesCr
201208263296281284299297315300366274
Operating Profit
Operating ProfitCr
191919252627293237413640
OPM
OPM%
8.68.46.97.78.38.89.09.710.611.99.012.8
Other Income
Other IncomeCr
112121211122
Interest Expense
Interest ExpenseCr
222223655677
Depreciation
DepreciationCr
000020113468
PBT
PBTCr
171819242425252631312526
Tax
TaxCr
554666778867
PAT
PATCr
131314181818182023231920
Growth YoY
PAT Growth YoY%
38.374.614.425.745.040.329.211.624.427.34.30.8
NPM
NPM%
5.75.85.05.56.05.95.56.06.46.94.76.3
EPS
EPS
9.910.411.113.814.314.514.315.417.818.514.915.5

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
1251582143113294366548041,0241,2671,4241,409
Growth
Revenue Growth%
26.935.045.45.832.650.023.027.423.712.410.5
Expenses
ExpensesCr
1201542072983144176247509461,1641,2781,255
Operating Profit
Operating ProfitCr
447131418305578103146154
OPM
OPM%
3.62.73.04.14.44.24.76.87.68.110.310.9
Other Income
Other IncomeCr
011121224766
Interest Expense
Interest ExpenseCr
3346879119112325
Depreciation
DepreciationCr
11111111221521
PBT
PBTCr
123781122457297114114
Tax
TaxCr
00122361118252929
PAT
PATCr
112569163354728585
Growth
PAT Growth%
32.274.2146.710.549.492.4103.660.934.717.014.0
NPM
NPM%
0.70.81.01.71.72.02.54.25.35.76.06.0
EPS
EPS
1.52.03.26.46.29.315.427.842.457.066.666.7
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
1251582143113294366548041,0241,2671,4241,409
Growth
Revenue Growth%
26.935.045.45.832.650.023.027.423.712.410.5
Expenses
ExpensesCr
1201542072983144176247509461,1641,2781,255
Operating Profit
Operating ProfitCr
447131418305578103146154
OPM
OPM%
3.62.73.04.14.44.24.76.87.68.110.310.9
Other Income
Other IncomeCr
011121224766
Interest Expense
Interest ExpenseCr
3346879119112325
Depreciation
DepreciationCr
11111111221521
PBT
PBTCr
123781122457297114114
Tax
TaxCr
00122361118252929
PAT
PATCr
112569163354728585
Growth
PAT Growth%
32.274.2146.710.549.492.4103.660.934.717.014.0
NPM
NPM%
0.70.81.01.71.72.02.54.25.35.76.06.0
EPS
EPS
1.52.03.26.46.29.315.427.842.457.066.666.7

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
66799101113131313
Reserves
ReservesCr
1113152328395692145218302
Current Liabilities
Current LiabilitiesCr
3131456883124215277415475578
Non Current Liabilities
Non Current LiabilitiesCr
22213816211572120
Total Liabilities
Total LiabilitiesCr
5053701011231812994035877771,013
Current Assets
Current AssetsCr
43506798119173291393578644778
Non Current Assets
Non Current AssetsCr
6333478910133235
Total Assets
Total AssetsCr
5053701011231812994035877771,013
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
66799101113131313
Reserves
ReservesCr
1113152328395692145218302
Current Liabilities
Current LiabilitiesCr
3131456883124215277415475578
Non Current Liabilities
Non Current LiabilitiesCr
22213816211572120
Total Liabilities
Total LiabilitiesCr
5053701011231812994035877771,013
Current Assets
Current AssetsCr
43506798119173291393578644778
Non Current Assets
Non Current AssetsCr
6333478910133235
Total Assets
Total AssetsCr
5053701011231812994035877771,013

Cash Flow

Consolidated
Standalone
Financial YearMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
4-13449-1313296646
Investing Cash Flow
Investing Cash FlowCr
0-100-3-10-1-28-44
Financing Cash Flow
Financing Cash FlowCr
-113-3-8014-5-42-6-24
Net Cash Flow
Net Cash FlowCr
3-11-46-17-1332-22
Free Cash Flow
Free Cash FlowCr
4-14447-15132961-19
CFO To PAT
CFO To PAT%
370.3-616.778.175.2106.3-81.339.254.391.154.4
CFO To EBITDA
CFO To EBITDA%
103.7-198.131.429.749.2-43.924.037.564.031.6
Financial YearMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
4-13449-1313296646
Investing Cash Flow
Investing Cash FlowCr
0-100-3-10-1-28-44
Financing Cash Flow
Financing Cash FlowCr
-113-3-8014-5-42-6-24
Net Cash Flow
Net Cash FlowCr
3-11-46-17-1332-22
Free Cash Flow
Free Cash FlowCr
4-14447-15132961-19
CFO To PAT
CFO To PAT%
370.3-616.778.175.2106.3-81.339.254.391.154.4
CFO To EBITDA
CFO To EBITDA%
103.7-198.131.429.749.2-43.924.037.564.031.6

Ratios

Consolidated
Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
812252513762383961,2991,3131,0011,312
Price To Earnings
Price To Earnings
8.810.011.84.92.38.914.511.824.218.111.815.4
Price To Sales
Price To Sales
0.10.10.10.10.00.20.40.51.31.00.70.9
Price To Book
Price To Book
0.50.61.10.80.41.53.53.88.35.73.24.2
EV To EBITDA
EV To EBITDA
5.05.37.83.22.35.28.87.716.013.17.79.3
Profitability Ratios
Profitability Ratios
GPM
GPM%
12.215.314.113.511.010.012.112.612.815.415.4
OPM
OPM%
3.62.73.04.14.44.24.76.87.68.110.310.9
NPM
NPM%
0.70.81.01.71.72.02.54.25.35.76.06.0
ROCE
ROCE%
10.210.811.519.920.519.923.632.041.829.324.924.9
ROE
ROE%
5.46.39.416.215.417.224.531.934.131.426.926.9
ROA
ROA%
1.82.33.05.14.64.75.58.39.29.38.48.4
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
812252513762383961,2991,3131,0011,312
Price To Earnings
Price To Earnings
8.810.011.84.92.38.914.511.824.218.111.815.4
Price To Sales
Price To Sales
0.10.10.10.10.00.20.40.51.31.00.70.9
Price To Book
Price To Book
0.50.61.10.80.41.53.53.88.35.73.24.2
EV To EBITDA
EV To EBITDA
5.05.37.83.22.35.28.87.716.013.17.79.3
Profitability Ratios
Profitability Ratios
GPM
GPM%
12.215.314.113.511.010.012.112.612.815.415.4
OPM
OPM%
3.62.73.04.14.44.24.76.87.68.110.310.9
NPM
NPM%
0.70.81.01.71.72.02.54.25.35.76.06.0
ROCE
ROCE%
10.210.811.519.920.519.923.632.041.829.324.924.9
ROE
ROE%
5.46.39.416.215.417.224.531.934.131.426.926.9
ROA
ROA%
1.82.33.05.14.64.75.58.39.29.38.48.4
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Dynacons Systems & Solutions is an Indian company that acts as a one-stop technology partner for large organisations, taking on the entire job of planning, building, securing and running their IT systems so they do not have to manage multiple vendors. It started in 1995 as a dealer selling Intel-based servers and PCs, and over three decades it has moved steadily up the value chain - first into networking for banks, then into full-scale system integration for government and public-sector giants, and now into managing those complex IT estates for the long term. The recurring pattern is a “3C” philosophy - Concept, Capability & Culture - which in practice means the company designs a solution, deploys it with its own engineers across India, and then stays on to monitor and manage it, often from its own centralised operations centres. # Business segments Two deeply connected engines that feed each other - a large-scale system integration business that designs and builds modern IT infrastructure, and a managed services business that then runs it, creating a flywheel where every big project win seeds a long-term recurring revenue stream. ## 1. System Integration: the builder of India’s enterprise IT backbone **Dynacons wins large, competitive contracts to design and deploy complete technology environments - data centres, networks, security systems and digital workplaces - for India’s biggest banks, insurers, government bodies and enterprises.** - **A full-stack data centre builder** - the company designs and constructs entire private cloud and data centre facilities, from the physical infrastructure (power, cooling, fire safety) up through Hyper-Converged Infrastructure, software-defined storage and virtualisation platforms from VMware, Microsoft and Red Hat. This is the largest single activity, with marquee contracts including a ₹280 crore turnkey data centre augmentation for Canara Bank involving 500 servers, and a ₹249 crore enterprise application platform for the Reserve Bank of India. - **The network architect for nationwide branch banking** - it designs and rolls out software-defined wide-area networks (SD-WAN) that securely connect thousands of bank branches, a capability that won a ₹101 crore deployment across 6,000 Bank of Baroda branches and a ₹75 crore project for State Bank of India. This is a specialised skill because the network must be intelligent, cost-efficient and centrally manageable across a vast geography. - **The digital workplace outfitter** - it supplies and integrates everything a modern workforce uses, from desktops and workstations to unified communication platforms like Microsoft 365, often structured as a Device-as-a-Service contract where the customer pays for the equipment over time rather than buying it outright. A ₹137 crore contract with Bharat Heavy Electricals Ltd (BHEL) covering desktops, workstations and projectors is a typical example of this end-to-end workplace delivery. - **The cybersecurity shield, now with its own command centre** - it deploys integrated security systems including next-generation firewalls, intrusion detection and endpoint protection, and has built its own 24/7 Security Operations Center (SOC) to monitor threats and respond to incidents, rather than managing security from each client’s site. A ₹57 crore endpoint security order from Punjab National Bank shows the scale at which it secures large amalgamated entities. ## 2. IT Managed Services: the long-term operator of what it builds **Once the infrastructure is in place, Dynacons stays on to run it - monitoring networks, managing servers, running help desks and even operating entire banking platforms - turning one-off projects into multi-year, annuity-style contracts.** - **Embedded in the assets it deploys** - many managed services contracts are born directly from system integration projects, where the company offers complete lifecycle support because it already knows the equipment intimately. This creates a natural cross-sell: a bank that hires Dynacons to build a data centre is a prime candidate to also hire it to manage that data centre’s daily operations, databases and applications. - **Runs banking as a service** - the company operates a “core banking as a service” platform under a NABARD initiative, which means it provides the technology backbone that lets cooperative banks process transactions, manage accounts and serve customers, all on an operating-expense model over five years. A follow-up ₹108 crore order extended this service to 615 branches across 20 state and district cooperative banks in Haryana, running on Dynacons’ own cloud. - **Centralised command centres** - delivery happens through a centralised Network Operations Center (NOC) and the SOC, from which the company monitors client IT environments, manages incidents and ensures security compliance around the clock. This hub-and-spoke model means it can serve clients across over 250 locations in India without needing a full team at every site. - **Flexible engagement models** - the services can be embedded within a larger procurement deal or contracted independently, and they range from technical staff augmentation and service desk support to fully outsourced management of an organisation’s entire IT infrastructure, including break-fix, asset lifecycle and managed print. # Group structure and partners **Dynacons is a promoter-led company that amplifies its reach through a Singapore subsidiary, a dedicated cybersecurity associate, and top-tier partnerships with nearly every major global technology vendor.** - The company has a wholly-owned subsidiary in Singapore, Dynacons Systems & Solutions Pte. Ltd., which has been part of the group since at least FY21. - In 2023 it formed Cybercons Infosec Private Limited, a 50%-owned associate that houses the state-of-the-art Security Operations Center and focuses exclusively on cybersecurity and managed SOC services. - It holds the highest-level partnership tiers with vendors whose technology it deploys daily - including Apple (Enterprise Partner), Cisco (Premium Partner), Dell (Titanium Partner), HPE (Platinum Partner), Microsoft (Gold Partner) and VMware (Professional Partner) - giving it early access to technology and preferential pricing. - Membership in the Global IT Alliance (GITA), a network of six validated IT companies with over 130 sites across 24 countries, gives Dynacons a platform to offer solutions globally and to serve other members’ clients in India.

Documents — Dynacons Systems & Solutions Ltd

  • Q1 FY2027 Earnings Call Transcript (Jun 2026, PDF): https://www.stockscans.in/document/wekav48klpc1isqjn5a5z45z.pdf
  • Q4 FY2026 Earnings Call Transcript (Mar 2026, PDF): https://www.stockscans.in/document/f1y7tnqsz4mweruzsjruw9ap.pdf
  • Q3 FY2026 Earnings Call Transcript (Dec 2025, PDF): https://www.stockscans.in/document/v1u4srxl88nwnkx7chs6gaoc.pdf
  • Q1 FY2027 Quarterly Result (Jun 2026, PDF): https://www.stockscans.in/document/s4gdrgu1x7w335rbmpmdswks.pdf
  • Q4 FY2026 Quarterly Result (Mar 2026, PDF): https://www.stockscans.in/document/6ftn1t22c7vl819i2ybmki36.pdf
  • Q3 FY2026 Quarterly Result (Dec 2025, PDF): https://www.stockscans.in/document/onc089hpo2pcchnm2fkup5rx.pdf
  • Q2 FY2026 Quarterly Result (Sep 2025, PDF): https://www.stockscans.in/document/o1el9r4rtz9u6zuykerqam4b.pdf
  • Q1 FY2026 Quarterly Result (Jun 2025, PDF): https://www.stockscans.in/document/174xknp5lnb5e588yscelosj.pdf
  • Q4 FY2025 Quarterly Result (Mar 2025, PDF): https://www.stockscans.in/document/8epm8b07826mcmuvv99wc2ep.pdf
  • Q3 FY2025 Quarterly Result (Dec 2024, PDF): https://www.stockscans.in/document/gjb1lymgwsw1z0ih1ey821vg.pdf
  • Q2 FY2025 Quarterly Result (Sep 2024, PDF): https://www.stockscans.in/document/qe40zfwdiwbx7qawvytqol1e.pdf
  • Q1 FY2027 Investor Presentation (Jun 2026, PDF): https://www.stockscans.in/document/3greq0sh3r0ythir5o6yaswe.pdf
  • Q4 FY2026 Investor Presentation (Mar 2026, PDF): https://www.stockscans.in/document/mugm46q3w2r53n1j1ahjv97i.pdf
  • Q3 FY2026 Investor Presentation (Dec 2025, PDF): https://www.stockscans.in/document/mp6fpwcx1z7u1uctt0depgol.pdf
  • FY2026 Annual Report (PDF): https://www.stockscans.in/document/abp6df6gw9b1sbndbrqp61g0.pdf
  • FY2025 Annual Report (PDF): https://www.stockscans.in/document/t6lahbnktklnymwee4z9udho.pdf
  • FY2024 Annual Report (PDF): https://www.stockscans.in/document/abnj5fl7cpqjkxpvsx8615mz.pdf
  • FY2023 Annual Report (PDF): https://www.stockscans.in/document/spgl489me3hlg9r24tkfw5rx.pdf
  • FY2022 Annual Report (PDF): https://www.stockscans.in/document/t1re0lkmh9t6ht2y3dyc5ze2.pdf
  • FY2021 Annual Report (PDF): https://www.stockscans.in/document/naqhx2zd2413glg35x1xlo6b.pdf
  • FY2020 Annual Report (PDF): https://www.stockscans.in/document/6u994skwlzjk7j2zaeypxjxj.pdf

Concall Transcript Summaries — Dynacons Systems & Solutions Ltd

  • Q1 FY2027 Concall Transcript Summary (Jun 2026): https://www.stockscans.in/company/NSE%3ADSSL/transcript-notes/202606/wekav48klpc1isqjn5a5z45z.pdf
  • Q4 FY2026 Concall Transcript Summary (Mar 2026): https://www.stockscans.in/company/NSE%3ADSSL/transcript-notes/202603/f1y7tnqsz4mweruzsjruw9ap.pdf
  • Q3 FY2026 Concall Transcript Summary (Dec 2025): https://www.stockscans.in/company/NSE%3ADSSL/transcript-notes/202512/v1u4srxl88nwnkx7chs6gaoc.pdf