Dhruv Consultancy Services
- Market cap
- ₹ 36 Cr.
- P/E
- 9.9x
- P/B
- 0.53x
- 52-week range
- 18.1 – 56.99
- ROE
- −32%
- ROCE
- −33%
- Dividend yield
- 0%
- Debt / equity
- 0.39
- Sector
- Commercial Services & Supplies
- Industry
- Consulting Services
- Listed on
- NSE, BSE
About
Dhruv Consultancy Services Limited is an India-based infrastructure consultancy company. The Company specializes in providing infrastructural solutions, including roads, highways, bridges, architecture, waste management and ports. It is engaged in designing, engineering, procurement, construction, and integrated project management services for highways, bridges, tunnels, architectural, environmental engineering and ports. The Company’s services include preparation of Detailed Project Report (DPR) and feasibility studies for infrastructure projects, operations and maintenance works, project management consultancy services, independent engineers, authority engineers, project planning, designing, estimation, traffic and transportation engineering, financial analysis, technical audits, structural audit, inspection of bridges and techno legal services. The Company operates in Maharashtra, Gujarat, Karnataka, Uttar Pradesh, Bihar, Andhra Pradesh, Haryana, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Consulting Services: 32 companies →Dhruv Consultancy Services 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)9.9 against a typical 19.6: cheaper than most peers (1st = cheapest).12th of 31
- Sales growth−26.1% against a typical +7.4% from a year earlier.16th of 20
- Profit growth−396.2% against a typical −3.9% from a year earlier.16th of 16
- Share price, 3 months−19.4% against a typical −0.7%.22nd of 29
- Size₹ 35.8 Cr. market value against a typical ₹ 34.5 Cr. (1st = largest).14th of 31
Latest announcements
Exchange filings and their impact on the company.
- Won Rs 14.85 cr 7-year Authority Engineer mandate, adding ~Rs 1-2 cr annual revenue visibility.
Dhruv Consultancy with Mark Procon has received a Letter of Acceptance from the Ministry of Road Transport and Highways, Gujarat, to act as Authority Engineer for upgrading the Dholavira-Mauvana-Vauva-Santalpur section of NH-754K to two lanes on EPC mode. The contract is worth Rs 14.85 crore excluding GST with a duration of 84 months. The long-tenure government order improves revenue visibility for the small consultancy, with about Rs 1-2 crore expected to accrue in the next 12 months depending on its JV share.
- Board approved three new 55% subsidiaries for highway wayside amenities with up to Rs 9 cr phased investment.
Dhruv Consultancy's board on October 12, 2026 approved incorporation of three subsidiaries - Valsang Drivehub, Latur Drivehub / Latur Waysides Amenities, and Hottalwadi Drivehub - for development, operation and maintenance of wayside amenities on national highway sections in Maharashtra. The company will hold 55% in each, with initial subscription of Rs 30.25 lakh, Rs 44 lakh and Rs 0.55 lakh respectively. It also approved total phased investment of up to Rs 3 crore in each company, or up to Rs 9 crore overall, to be infused in tranches.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB+ by CARE- CARE lowered its rating on 24 Feb 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BB+ | Stable | 24 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 24 Feb 2026 | ▼ Downgrade1 notch | CARE BBB- → CARE BB+ | — | CARE | ₹ 39.5 Cr. | |
| 6 Jan 2026 | Reaffirmed | CARE BBB- | — | CARE | ₹ 39.5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 12 Oct 2026 | Other business matters | To consider other business matters. detailed letter is attached. |
| 24 Aug 2026 | Other business matters | To consider the date of AGM and related business matters |
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the un-audited financial results for the period ended Jun 30, 2026 and other business matters |
| 28 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 |
| 13 Feb 2026 | Financial Results/Other business matters | DHRUV : 13-Feb-2026 : The Company has informed the Exchange that a Board meeting to be held on February 10, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on February 13, 2026, To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 10 Feb 2026 | Financial Results/Other business matters | To consider and approve the un-audited financial results for the period ended December 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 23 | 23 | 25 | 20 | 33 | 22 | 28 | 21 | 19 | −6 | 8 | 16 |
| Expenses | 19 | 18 | 22 | 17 | 29 | 18 | 23 | 18 | 17 | 24 | 17 | 19 |
| Operating Profit | 4 | 5 | 2 | 3 | 4 | 4 | 4 | 3 | 2 | −29 | −9 | −4 |
| OPM % | 17.9% | 20.8% | 10% | 12.7% | 11.3% | 17.8% | 16.2% | 15.3% | 10.1% | — | −104.3% | −23.2% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 1 | 1 | 2 | 3 | 3 | 2 | 1 | −31 | −10 | −4 |
| Tax % | 10.9% | 6.3% | 49.4% | 20.9% | 14.9% | 18.9% | 38.4% | 23.9% | −53.9% | 0.5% | −99.4% | 6% |
| Net Profit | 2 | 3 | 0 | 1 | 2 | 2 | 2 | 2 | 1 | −31 | −0 | −5 |
| EPS in Rs | 1.24 | 1.78 | 0.27 | 0.55 | 1 | 1.13 | 1.05 | 0.84 | 0.53 | −16.33 | −0.03 | −2.5 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- −8%
- 3 Years
- −19%
- TTM
- −64%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −556%
- 10 Years
- —
- 5 Years
- −4%
- 3 Years
- −20%
- TTM
- —
- 10 Years
- 4%
- 5 Years
- −2%
- 3 Years
- −7%
- 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.
| Dhruv Consultancy Services | ₹ 19.90 | ₹ 36 Cr. | 9.9x | 0.5x | −32% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Raja Mukherjee
- Chief Executive Officer
- Akhilesh Subhash Dandawate
- Chief Financial Officer, Chief Operating Officer
- Paresh Suhas Dange
- Company secretary and Compliance Officer
- Tanvi Tejas Auti
- Managing Director, Executive Director
- Jayashree Pandurang Dandawate
- Executive Director
- Sandeep Balkrishna Dandawate
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.