Dhara Rail Projects
- Market cap
- ₹ 189 Cr.
- P/E
- 12.3x
- P/B
- 2.77x
- 52-week range
- 90.05 – 172.5
- ROE
- 36%
- ROCE
- 35%
- Dividend yield
- 0%
- Debt / equity
- 0.18
- Sector
- Commercial Services & Supplies
- Industry
- Diversified Commercial Services
- Listed on
- NSE SME
About
Dhara Rail Projects Limited is an India-based company. The Company is engaged in the business of executing various types of contractual railway projects and related services, including Annual Maintenance Contracts (AMC) and repair services for a range of railway rolling stock systems. Its railway projects include Supply, Installation, Testing, and Commissioning (SITC) of various electrical equipment which involves AMC, repair and maintenance services, inspection and periodic servicing of railway assets such as train lighting equipment, power car equipment, tower wagons and others, post its commissioning and installation. The Company's services include annual maintenance and repair of Vande Bharat trains, as well as annual maintenance and repair for Overhead Equipment (OHE) maintenance vehicles (Tower Wagons), Power Car equipment and Heating, Ventilation, and Air Conditioning (HVAC) systems. It provides services to the Ministry of Railways, Government of India.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Diversified Commercial Services: 149 companies →Dhara Rail Projects against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.3 against a typical 20: cheaper than most peers (1st = cheapest).49th of 139
- Share price, 3 months+10.8% against a typical −8.9%.27th of 121
- Size₹ 188.6 Cr. market value against a typical ₹ 68.8 Cr. (1st = largest).39th of 128
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 25 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 27 | 28 | 28 |
| Expenses | 24 | 19 | 18 |
| Operating Profit | 3 | 10 | 10 |
| OPM % | 10% | 34% | 36% |
| Other Income | 1 | 0 | 1 |
| Interest | 0 | 1 | 0 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 4 | 10 | 11 |
| Tax % | 24% | 26% | 24% |
| Net Profit | 3 | 7 | 8 |
| EPS in Rs | 299 | 6.36 | 5.56 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 29%
- TTM
- 28%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 164%
- TTM
- 334%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 36%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Dhara Rail Projects | ₹ 140.20 | ₹ 189 Cr. | 12.3x | 2.8x | 36% | — |
| Adani Ports and Special Economic Zone | ₹ 1,703.00 | ₹ 3,92,364 Cr. | 29.6x | 4.2x | — | 32.5% |
| GMR Airports | ₹ 87.00 | ₹ 91,863 Cr. | 456.3x | — | — | 4.9% |
| JSW Infrastructure | ₹ 315.60 | ₹ 73,535 Cr. | 46.6x | 6.8x | — | 27.1% |
| Aegis Vopak Terminals | ₹ 242.00 | ₹ 26,813 Cr. | 103.2x | 7.6x | — | 36.6% |
| Shreeji Shipping Global | ₹ 775.25 | ₹ 12,518 Cr. | 83.9x | 17x | — | 21.1% |
Management
- Tejas Lalit Mehta
- Executive Chairman, Managing Director
- Shivaraja Annappa Devadiga
- Chief Financial Officer
- Suraj Bohra
- Company Secretary, Compliance Officer
- Jagruti Tejas Mehta
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.