DSKULKARNI Share Price | D S Kulkarni Developers Ltd Stock Analysis & Recommendation

Q: Why is D S Kulkarni Developers Ltd falling/rising?

As of 10-Aug, D S Kulkarni Developers Ltd's stock price is rising, currently at 11.50, reflecting an increase of 0.54 or 4.93%. This rise can be attributed to the stock's strong performance over the past week, where it has outperformed the benchmark Sensex by 27.35% compared to the Sensex's decline of 0.77%. Additionally, today the stock has outperformed its sector by 3.57%. However, it is important to note that the stock has experienced a trend reversal, having fallen after four consecutive days of gains. Despite this, the weighted average price indicates that more volume was traded close to the high price, suggesting a positive trading sentiment. The stock is currently trading higher than its 5-day moving averages, although it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed signals regarding its longer-term performance. Overall, the current rise in stock price is supported by recent strong performance metrics, despite the recent trend reversal.

Q: Should I buy, sell or hold D S Kulkarni Developers Ltd?

Based on the current situation of D S Kulkarni Developers Ltd, it is advisable to consider a strong sell position. The company is facing significant financial challenges, including a negative book value and a very high Debt to EBITDA ratio of -543.14 times, indicating a low ability to service its debt. Additionally, the average Return on Equity is only 3.72%, reflecting low profitability.Recent quarterly results show concerning figures, with the lowest PBDIT at Rs -0.18 crore and a PBT of Rs -14.61 crore, alongside an EPS of Rs -0.73. The negative EBITDA of Rs -0.31 crore further emphasizes the company's financial instability. Over the past year, profits have drastically fallen by 103%, and the stock is currently trading at risky levels compared to its historical valuations.Given these factors, it would be prudent to avoid holding or buying shares in D S Kulkarni Developers Ltd at this time.

Q: Who are in the management team of D S Kulkarni Dev?

The management team of D S Kulkarni Dev includes the following key individuals:1. **D S Kulkarni** - Chairman & Managing Director2. **Shirish Kulkarni** - Managing Director & CEO3. **V C Joshi** - Non-Executive Independent Director4. **M K P Setty** - Non-Executive Independent Director5. **K K Taparia** - Non-Executive Independent Director6. **R D Kharosekar** - Non-Executive Independent Director7. **Vijaykumar Jagtap** - Additional Director & Independent Director8. **Madhura Chatrapathy** - Non-Executive Independent Director9. **Shirish Kulkarni** - Executive Director10. **Uma Anil Panse** - Additional Director & Independent Director11. **CS Rohit Purandare** - Company Secretary12. **Sahindra Jagannath Bhawale** - Additional Director & Independent Director13. **Shanmukha Someshwara Rao Durvasula** - Additional Director & Independent Director14. **Shashank B Mukherjee** - DirectorThis team plays a crucial role in guiding the company's strategic direction and operations.

Q: Who are the peers of the D S Kulkarni Dev?

Peers: The peers of D S Kulkarni Dev are DLF, Oberoi Realty, Arih.Found.Hsg., NTC Industries, Alpine Housing, Maruti Infra., Landmark Prop., Rodium Realty, Citadel Realty, and Sunstar Realty.Quality Snapshot: Excellent management risk is observed at Oberoi Realty, while Average management risk is found at DLF, NTC Industries, and Citadel Realty. Below Average management risk is noted at Arih.Found.Hsg., Alpine Housing, Maruti Infra., Landmark Prop., Rodium Realty, Shradha Realty, and the rest. Growth is Excellent at Oberoi Realty and Arih.Found.Hsg., Good at Landmark Prop., and Below Average at DLF, NTC Industries, Alpine Housing, Maruti Infra., Citadel Realty, and the rest. Capital Structure is Excellent at Oberoi Realty, Good at DLF, and Below Average at Arih.Found.Hsg., NTC Industries, Alpine Housing, Maruti Infra., Landmark Prop., Rodium Realty, Citadel Realty, and the rest.Return Snapshot: The peer with the highest 1-year return is Oberoi Realty at -16.00%, while the peer with the lowest is Citadel Realty at -36.83%. D S Kulkarni Dev's 1-year return is not available for comparison. Additionally, peers such as DLF, NTC Industries, Alpine Housing, Maruti Infra., Citadel Realty, and the rest have negative six-month returns.

Mojo Score Change: D S Kulkarni Dev has changed its score on 03 Aug 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.2 k (1,488.15%) Volume

Shareholding (Jun 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

95.00%

Why is D S Kulkarni Developers Ltd falling/rising?

11-Aug-2026

As of 10-Aug, D S Kulkarni Developers Ltd's stock price is at 11.50, reflecting a 4.93% increase. This rise is due to strong recent performance, outperforming the Sensex, but the stock has shown a trend reversal after four days of gains, indicating mixed signals for its longer-term outlook.

View full answer

Which are the latest news on D S Kulkarni Dev?

10-Aug-2026

D S Kulkarni Developers Ltd Locks at Upper Circuit With 4.93% Gain — Buyers Queue, Sellers Absent
D S Kulkarni Developers Ltd Locks at Upper Circuit With 4.98% Gain — Buyers Queue, Sellers Absent

Should I buy, sell or hold D S Kulkarni Developers Ltd?

04-Aug-2026

Who are in the management team of D S Kulkarni Dev?

11-Jun-2026

The management team of D S Kulkarni Dev includes key individuals such as D S Kulkarni (Chairman & Managing Director), Shirish Kulkarni (Managing Director & CEO), and several independent directors, all of whom guide the company's strategic direction and operations.

View full answer

Who are the peers of the D S Kulkarni Dev?

11-Jun-2026

D S Kulkarni Dev's peers include DLF, Oberoi Realty, Arih.Found.Hsg., NTC Industries, and others. Oberoi Realty shows the best management quality and growth, while all peers have negative returns over the past year, with Oberoi Realty at -16.00% and Citadel Realty at -36.83%.

View full answer

What does D S Kulkarni Dev do?

10-Jun-2026

D S Kulkarni Developers Ltd is a micro-cap company focused on construction and real estate development, with a recent quarterly net profit of -1 Cr as of March 2026. The company has a market cap in the micro-cap segment and shows no dividend yield or debt.

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When is the next results date for D S Kulkarni Developers Ltd?

20-May-2026

The next results date for D S Kulkarni Developers Ltd is 30 May 2026.

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Compare D S Kulkarni Dev with Similar Stocks

DLF Oberoi Realty Sunstar Realty

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

Low ability to service debt as the company has a high Debt to EBITDA ratio of -543.14 times
The company has been able to generate a Return on Equity (avg) of 3.72% signifying low profitability per unit of shareholders funds

Flat results in Mar 26

Risky - Negative EBITDA

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Construction - Real Estate

Market cap

INR Cr (Micro Cap)

P/E

1.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.00

Return on Equity

0.00%

Price to Book

0.00

Revenue and Profits:

Net Sales:

(Quarterly Results - Mar 2026)

Net Profit:

-1 Cr

Total Returns

Total Returns (Price + Dividend)

Company does not have enough history

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

D S Kulkarni Developers Ltd Locks at Upper Circuit With 4.93% Gain — Buyers Queue, Sellers Absent

At Rs 11.50, the buying was done — not because demand dried up, but because the exchange would not allow the stock to rise further. D S Kulkarni Developers Ltd locked at its upper circuit of 4.93% on 10 Jun 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article

D S Kulkarni Developers Ltd Locks at Upper Circuit With 4.98% Gain — Buyers Queue, Sellers Absent

At Rs 10.96, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. D S Kulkarni Developers Ltd locked at its upper circuit of 4.98% on 7 Aug 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article

D S Kulkarni Developers Ltd Locks at Upper Circuit With 4.92% Gain — Buyers Queue, Sellers Absent

At Rs 10.44, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. D S Kulkarni Developers Ltd locked at its upper circuit of 4.92% on 6 Aug 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article

Announcements

Intimation Of Listing Approval And Admission To Dealings Of 10000000 (One Crore) Equity Shares Of ?10/- Each Of D S Kulkarni Developers Limited

31-Jul-2026 | Source : BSE

Please find attached herewith intimation of listing approval and admission to dealings of 10000000 Equity Shares of Rs. 10/- each of the Company from BSE Limited and National Stock Exchange of India Limited

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

18-Jul-2026 | Source : BSE

Please find attached Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 30.06.2026

Announcement under Regulation 30 (LODR)-Updates on Acquisition

14-Jul-2026 | Source : BSE

Update on completion of acquisition of 100% equity stake in Moonbrick Realty Private Limited. Consequently becoming wholly owned subsidiary .

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

D S Kulkarni Developers Ltd has declared 12% dividend, ex-date: 22 Sep 16

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

D S Kulkarni Developers Ltd has announced 1:2 rights issue, ex-date: 13 Mar 06

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-100.00%

EBIT Growth (5y)

-140.03%

EBIT to Interest (avg)

3.25

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-4.20

Sales to Capital Employed (avg)

0.11

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.00%

ROCE (avg)

3.68%

ROE (avg)

3.72%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

-0.09

EV to EBIT

-553.03

EV to EBITDA

-553.03

EV to Capital Employed

1.34

EV to Sales

PEG Ratio

Dividend Yield

ROCE (Latest)

-0.10%

ROE (Latest)

Negative BV

Technicals key factors

Indicator

Weekly

Monthly

Technical indicator has not been calculated since the stock has been active for a short period

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Jun 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Ashdan Township Holdings Private Limited (95.0%)

Highest Public shareholder

None

Individual Investors Holdings

3.85%

Financial

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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.18

-0.08

-125.00%

Interest

14.41

14.21

1.41%

Exceptional Items

0.00

Standalone Net Profit

-0.73

-0.15

-386.67%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 0.00% vs 0.00% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is -386.67% vs -475.00% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.06

-2.00

97.00%

Interest

27.51

24.37

12.88%

Exceptional Items

0.00

Standalone Net Profit

0.51

3.09

-83.50%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Mar'26

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.14

-2.18

93.58%

Interest

41.72

38.78

7.58%

Exceptional Items

0.00

Standalone Net Profit

0.36

2.36

-84.75%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

0.00

75.50

-100.00%

Operating Profit (PBDIT) excl Other Income

-0.31

5.50

-105.64%

Interest

56.13

49.87

12.55%

Exceptional Items

0.00

Standalone Net Profit

-0.36

13.12

-102.74%

Operating Profit Margin (Excl OI)

0.00%

7.28%

-7.28%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is -100.00% vs 0.00% in Mar 2025

Standalone Net Profit

YoY Growth in year ended Mar 2026 is -102.74% vs 247.75% in Mar 2025

All Annual Results

Company CV

About D S Kulkarni Developers Ltd

D S Kulkarni Developers Ltd

Micro Cap

Construction - Real Estate

D.S. Kulkarni Developers Limited is engaged in real estate development, and construction of residential and commercial tenements. The company has three segments, namely real estate development, education and contracting. The company has five subsidiary companies. Two subsidiaries are operating in the USA, one of which is a wholly owned subsidiary and other is a step-down subsidiary viz. DSK Developers Corporation and DSK Woods, LLC respectively.

Company Coordinates

Company Details

1187/60 DSK HOUSE, J M Road Shivajinagar Pune Maharashtra : 411005

Tel: 91-20-66047100

http://www.dskdl.com

secretarial@dskdl.com

Registrar Details

Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai