Synopsis: Dhruv Consultancy Services jumped sharply after the company secured a significant contract worth Rs 4.5 crore from the National Highway Authority of India.

The shares of this leading Project Management Consultancy firm, specialising in providing infrastructural solutions, are in focus after securing a key contract from NHAI. In this article, we will dive more into the highlights of this order.

With a market capitalisation of Rs 95.7 crore, the shares of Dhruv Consultancy Services Ltd reached a day’s high of Rs 50.99 per share, up 8 percent from its previous day’s closing price of Rs 47.28 per share. In the last one year, the stock has corrected by over 64 percent.

About the Order

Dhruv​‍​‌‍​‍‌​‍​‌‍​‍‌ Consultancy Services has secured a new order from NHAI to oversee the operation and maintenance of major highway stretches in the area of JNPT or Jawaharlal Nehru Port, Maharashtra. The agreement comprises four road packages with a combined length of 44.5 km. It will be a hands-on job in which the work will be monitored, the quality checked, and the daily activities overseen.

The order is valued at Rs 4.5 crore, excluding GST, and the term will be 60 months. As a supervising consultant, Dhruv will be the one verifying the execution of the highway O&M works in accordance with the set standards. The GST payment will be made to the contractor as a separate reimbursement by NHAI.

Q2 Highlights 

Dhruv Consultancy Services reported a core revenue of Rs 19.23 crore in Q2 FY26, a sharp decline of 41 percent as compared to Rs 32.67 crore in Q2 FY25. Additionally, on a quarter-on-quarter basis, it declined by 9 percent from Rs 21.04 crore.

Regarding its profitability, it reported a net profit of Rs 1.01 crore in Q2 FY26, a staggering decline of 47 percent as compared to Rs 1.89 crore in Q2 FY25. Additionally, on a quarter-on-quarter basis, it recorded a decline of 37 percent from Rs 1.60 crore. 

As of the latest filings available, the company has an order book of Rs 200 crore which is expected to be executed within the next 2.5 to three years. And regarding the orders bid, it has bid around Rs 250 for the tender, which results are yet to be announced.

Dhruv​‍​‌‍​‍‌​‍​‌‍​‍‌ Consultancy Services Limited is an infrastructure consulting firm that collaborates on highways, bridges, tunnels, ports, and other major projects all over India. Their services include design, engineering, procurement support, and project management, which are the key stones in planning and building large public infrastructures.

Besides that, the company also prepares detailed project reports, conducts feasibility studies, and takes on operations and maintenance responsibilities. Dhruv provides services like project supervision, technical audits, structural checks, traffic studies, cost estimation, and legal-technical support, thus being a full-service consultancy for government and private infrastructural ​‍​‌‍​‍‌​‍​‌‍​‍‌projects.

Written by Satyajeet Mukherjee

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