Dhruv Consultancy Services Ltd.

Dhruv Consultancy Services Ltd.

20.95
INR
-0.15
(-0.71%)
-18.19EPS
531.06MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
9.03
9.46
15.12
30.44
43.39
39.25
34.09
44.34
52.51
55.24
53.84
53.76
22.62
19.53
Basic EPS, GAAP
1.13
0.79
1.32
3.59
6.89
5.37
0.74
3.38
4.03
3.28
3.88
3.66
-15.02
-18.19
Free Cash Flow per Basic Share
0.28
-2.47
-1.97
-0.86
2.87
-8.89
-0.84
1.71
0.57
-3.66
-2.43
-8.65
-4.29
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.25
0.41
- -
- -
Book Value per Share
2.39
2.94
3.86
6.93
11.25
31.22
24.3
27.68
32.06
37.79
41.71
54.57
38.07
- -
Tangible Book Value per Share
2.39
2.94
3.86
6.93
11.25
31.16
24.25
27.66
32.05
37.73
41.67
54.43
38.01
- -
Basic Weighted Avg Shares
10
10
10
10
10
14
14
14
14
15
15
19
19
19
Sales/Revenue/Turnover
90
95
151
304
434
561
487
634
751
812
817
1,020
429
374
Operating Margin (%)
18.53
14.3
20.56
24.1
27.5
23.62
5.03
12.24
11.27
7.76
11.19
10.39
-84.5
-117.18
Depreciation Expense
1
3
3
8
8
14
11
10
8
29
49
45
44
40
Net Income, GAAP
11
8
13
36
69
77
11
48
58
48
59
70
-285
-348
Effective Tax Rate (%)
33.96
41.31
42.09
34.59
31.53
30.96
24.68
31.72
27.22
14.99
13.96
24.37
- -
- -
Profit Margin (%)
12.48
8.35
8.75
11.8
15.87
13.69
2.18
7.63
7.67
5.94
7.21
6.82
-66.39
-93.1
Working Capital
26
40
71
123
170
397
258
345
353
441
464
801
474
- -
LT Debt
2
8
43
80
69
17
8
16
17
76
53
8
67
- -
Total Equity
34
42
55
99
161
446
347
396
458
570
663
1,035
722
- -
Return on Invested Capital (%)
24.74
10.99
16.32
23.96
23.42
16.92
3.57
10.42
10.58
7.77
9.58
7.68
- -
- -
Return on Capital (%)
26.83
13.33
16.52
24.32
26.79
19.3
4.11
11.89
11.94
8.86
9.68
8.33
- -
- -
Return on Common Equity (%)
40.27
20.75
27.19
46.56
53
25.31
2.68
13.01
13.48
9.38
9.56
8.19
-32.42
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
165
- -
LT Borrowings
- -
40
- -
LT Finance Leases
- -
27
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
901
514
531

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
845
- -
Cash, Cash Equivalents & STI
- -
281
- -
Accounts Receivable, Net
- -
213
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
371
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
165
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
39.35%
16.48%
-30.24%
Free Cash Flow
-199.67%
-113.93%
-50.4%
Net Income, GAAP
7.72%
-93.37%
-509.83%
Sales/Revenue/Turnover
18.43%
-1.19%
-57.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
197
327
220
276
1,020
2026
210
192
-57
83
429
2027
156
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.55
1.17
1.2
1.13
3.66
2026
0.84
0.51
-16.37
-0.04
-15.02
2027
-2.51
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.41
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Raja Mukherjee
Full Time Employees
386
Sector
Industrial services
Industry
Engineering & construction
Address
501, Pujit Plaza Navi Mumbai MA India 400614
IPO Date
May 10, 2018
Business
Dhruv Consultancy Services Limited (NSE: DHRUV), founded in 2003 and headquartered in Navi Mumbai, Maharashtra, India, specializes in infrastructure consultancy, providing design and engineering, project management, and techno-advisory services across highways, bridges, tunnels, metros, railways, and ports; core offerings encompass feasibility studies, detailed project reports, traffic and transportation studies, environmental impact assessments, proof checking, construction supervision, contract administration, operation and maintenance, value engineering, pre-bid engineering, asset management, safety audits, and lenders engineering, primarily serving government clients such as the National Highways Authority of India (NHAI), Ministry of Road Transport and Highways (MoRTH), and international bodies including the Asian Development Bank (ADB), World Bank, and African Development Bank (AfDB) with operations spanning 23 Indian states and projects in Africa, South Asia, and beyond. The company, listed on the BSE and NSE main boards since 2021-2023 after initial BSE SME listing in 2018, holds a 32.60% market share in its segment with over 175 completed projects covering 4,793 km of detailed project reports and 98 ongoing projects, including marquee assignments like the Ganga Expressway, Delhi-Vadodara Expressway, and Mumbai-Pune Expressway capacity augmentation. Recent developments include securing the Ganga Expressway project for Rs. 22 crore and multiple NHAI independent engineer roles valued at Rs. 8.73 crore starting November 2025; incorporation of UK subsidiary Dhruv International Private Limited in 2023 for global expansion; allotment of 792,769 equity shares to promoters in 2024 raising nearly Rs. 4 crore; shortlisting for 21 international assignments out of 142 expressions of interest; entry into higher-margin 4/6/8-lane national highways and greenfield expressways with a 23% success rate on 95+ technical score projects; unexecuted order book of Rs. 350 crore as of March 2024; and plans to bid for Rs. 2,000 crore in assignments in FY25 while targeting Rs. 1,000 crore market cap through equity fundraising.