One of the micro-cap stocks engaged in project management consultancy, specializing in infrastructure development, including highways, bridges, and tunnels. The stock has jumped 3.5 percent after receiving an order from the National Highways Authority of India (NHAI) worth Rs 7.85 crore
Stock Price Movement
In Tuesday’s trading session, Dhruv Consultancy Services Limited’s share jumped to an intraday high of 3.5 percent from the previous close of Rs. 112.10. The stock opened at Rs. 113.20 and is currently trading at Rs. 107 with a high of Rs. 116 and a low of Rs. 106.60. The market capitalization now stands at approximately Rs. 202.94 crore.
What Happened
Dhruv Consultancy Services Limited, in joint venture with M/S Global Infra Solutions and in association with Civisor Ingenieria and Infra Services Pvt. Ltd., has received a Letter of Award from the National Highways Authority of India (NHAI). The award pertains to providing consultancy services for the development of a 6-lane green field highway around Kanpur city in Uttar Pradesh.
The project had a contract value of Rs. 7.85 crore and spans over 8.765 km (Package-IIA) and 19.11 km (Package-IIB), with a 30-month construction period and a 60-month defect liability period.
Services offering
Dhruv Consultancy offers a variety of services, including pre-tender services such as detailed project reports and feasibility studies, post-tender supervision and maintenance, advisory services for financial bids and legal guidance, and design services for bridges and highways.
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Recent quarter results
Dhruv Consultancy Services Limited’s revenue has increased from Rs. 22.89 crore in Q2 FY24 to Rs. 32.67 crore in Q2 FY25, which has grown by 42.73 percent. The net profit of Dhruv Consultancy Services Limited has also grown by 0.53 percent, from Rs. 1.88 crore in Q2 FY24 to Rs. 1.89 crore in Q2 FY25.
Financial Ratio
Dhruv Consultancy Services Limited’s revenue and net profit have grown at a CAGR of 13.74 percent and 56.51 percent, respectively, over the last four years.
In terms of return ratios, the company’s ROCE and ROE should be 12.1 percent and 9.57 percent, respectively. The debt-to-equity ratio of the company is to be 0.23x, which shows
the company is almost debt-free. Dhruv Consultancy Services Limited’s EPS is to be Rs. 3.60.
Shareholding pattern
In September 2024, Dhruv Consultancy Services Limited had a majority stake held by the promoters at 59 percent, foreign institutional investors at 2.73 percent, and the public at 38.27 percent.
Company Overview
Dhruv Consultancy Services Limited was incorporated on August 26, 2003, and is a prominent project management consultancy firm based in India. The company specializes in infrastructure solutions, including roads, highways, bridges, architecture, waste management, and ports.
Written By – Nikhil Naik
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