Dhruv Consultancy Services Ltd
NSE: DHRUV BSE: 541302
Incorporated in 2003, Dhruv Consultancy Services Ltd is a Project Management Consultancy firm that specializes in providing infrastructural solutions[1]
₹28.6
52W: ₹22.2 — ₹76
PE 0 · Book ₹55.9 · -49% vs bookMarket Cap₹54.3 Cr
Stock P/E—Price to Earnings
ROCE11.3%Return on Capital
ROE8.19%Return on Equity
Div. Yield0.7%Face Value ₹10
Strengths
- +Stock is trading at 0.51 times its book value
Weaknesses
- −Company has low interest coverage ratio.
- −Company has a low return on equity of 8.91% over last 3 years.
- −Contingent liabilities of Rs.25.8 Cr.
- −Promoter holding has decreased over last 3 years: -14.6%
Shareholding Pattern
Promoters49.44%
FIIs2.23%
DIIs0%
Public48.31%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 59.1% | 59%▼0.1 | 49.42%▼9.6 | 49.42% | 49.44%▲0.0 | 49.44% | 49.44% | 49.44% |
| FIIs | 1.04% | 2.73%▲1.7 | 3.12%▲0.4 | 2.14%▼1.0 | 1.38%▼0.8 | 2.33%▲1.0 | 2.34%▲0.0 | 2.23%▼0.1 |
| DIIs | 0% | 0% | 0.98%▲1.0 | 0.98% | 3.62%▲2.6 | 3.6%▼0.0 | 0.94%▼2.7 | 0%▼0.9 |
| Public | 39.85% | 38.27%▼1.6 | 46.48%▲8.2 | 47.46%▲1.0 | 45.55%▼1.9 | 44.62%▼0.9 | 47.27%▲2.7 | 48.31%▲1.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 23 | 23 | 25 | 20 | 33 | 22 | 28 | 21 | 19 | -6 |
| Expenses | 19 | 18 | 22 | 17 | 29 | 18 | 23 | 18 | 17 | 24 |
| Operating Profit | 4 | 5 | 2 | 2 | 4 | 4 | 4 | 3 | 2 | -29 |
| OPM % | 18% | 21% | 10% | 13% | 11% | 18% | 16% | 15% | 10% | 0% |
| Net Profit | 2 | 3 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | -31 |
| EPS ₹ | 1.24 | 1.78 | 0.27 | 0.55 | 1 | 1.13 | 1.05 | 0.84 | 0.53 | -16.33 |
AI Insights
Revenue Trend
TTM revenue at ₹62Cr, down 39.2% YoY. OPM at -32%.
Debt Position
Borrowings at ₹24Cr. Debt-to-equity ratio: 0.28x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 2.23% (+2.18pp change). Promoters hold 49.44%.
Margin & Efficiency
ROCE declining from 41% (Mar 2014) to 11% (Mar 2025). Working capital days: 240.
Recent Announcements
- Board Meeting Intimation for Q4 Of 2025-2026 13 May - Board meeting on May 28, 2026 to approve audited FY2025-26 standalone and consolidated results.
- Project Updates 5 May - Dhruv Consultancy got LOA for Amravati Airport runway feasibility study, worth Rs 84.69 lakh, over 5 months.
- Project Updates 29 Apr - Received NHAI LOA for independent engineer services in Punjab; contract value Rs 2.83 crore plus GST for 36 months.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr - Company confirms non-applicability of Large Corporate norms; outstanding borrowings ₹19.65 crore as of 31 March 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr - Disclosure for Q4 of 2025-2026 for Reg 74(5)
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse