Dhruv Consultancy Services Ltd

Dhruv Consultancy Services Ltd

₹ 47.7 -0.91%
05 Dec - close price
About

Incorporated in 2003, Dhruv Consultancy Services Ltd is a Project Management Consultancy firm that specializes in providing infrastructural solutions[1]

Key Points

Business Overview:[1][2]
DCSL provides consultancy services in the infrastructure sector, primarily catering to government bodies through tenders. The company offers design, engineering, procurement, construction, and integrated project management services across highways, bridges, tunnels, architectural and environmental engineering, and ports. Its offerings include DPR and feasibility studies, O&M works, project management consultancy, independent consultancy, project planning and design, traffic and transportation engineering, financial and technical audits, structural inspections, and techno-legal services.

  • Market Cap 90.4 Cr.
  • Current Price 47.7
  • High / Low 158 / 45.0
  • Stock P/E 13.4
  • Book Value 55.9
  • Dividend Yield 0.42 %
  • ROCE 11.3 %
  • ROE 8.19 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.85 times its book value

Cons

  • Company has a low return on equity of 8.91% over last 3 years.
  • Promoter holding has decreased over last 3 years: -18.2%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
20.35 22.15 21.02 11.32 22.89 22.60 24.69 19.70 32.67 21.99 27.60 21.04 19.23
15.97 19.85 19.89 8.75 18.80 17.89 22.22 17.20 28.97 18.08 23.12 17.83 17.28
Operating Profit 4.38 2.30 1.13 2.57 4.09 4.71 2.47 2.50 3.70 3.91 4.48 3.21 1.95
OPM % 21.52% 10.38% 5.38% 22.70% 17.87% 20.84% 10.00% 12.69% 11.33% 17.78% 16.23% 15.26% 10.14%
0.03 0.26 0.74 0.19 0.15 0.25 0.31 0.32 0.25 0.56 0.43 0.36 0.17
Interest 0.39 0.42 0.60 0.57 0.88 0.81 0.71 0.64 0.62 0.67 0.49 0.41 0.39
Depreciation 0.59 0.65 1.20 1.17 1.25 1.28 1.22 1.08 1.11 1.16 1.19 1.07 1.08
Profit before tax 3.43 1.49 0.07 1.02 2.11 2.87 0.85 1.10 2.22 2.64 3.23 2.09 0.65
Tax % 27.99% -22.15% -28.57% 14.71% 10.90% 6.27% 49.41% 20.91% 14.86% 18.94% 38.39% 23.92% -53.85%
2.46 1.83 0.09 0.88 1.88 2.70 0.43 0.88 1.89 2.15 1.99 1.60 1.01
EPS in Rs 1.72 1.21 0.06 0.58 1.24 1.78 0.27 0.55 1.00 1.13 1.05 0.84 0.53
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
9.03 9.46 15.12 30.44 43.39 56.11 48.74 63.40 75.06 81.18 81.73 101.96 89.86
7.29 7.81 11.67 22.26 31.47 41.52 45.19 54.64 65.75 72.02 67.66 87.21 76.31
Operating Profit 1.74 1.65 3.45 8.18 11.92 14.59 3.55 8.76 9.31 9.16 14.07 14.75 13.55
OPM % 19.27% 17.44% 22.82% 26.87% 27.47% 26.00% 7.28% 13.82% 12.40% 11.28% 17.22% 14.47% 15.08%
0.14 0.29 0.04 0.02 0.93 0.55 0.64 0.58 0.51 1.13 0.68 1.56 1.52
Interest 0.11 0.30 0.86 1.87 2.00 2.63 1.68 1.26 1.06 1.75 2.98 2.58 1.96
Depreciation 0.07 0.30 0.35 0.84 0.79 1.38 1.10 1.00 0.85 2.86 4.92 4.54 4.50
Profit before tax 1.70 1.34 2.28 5.49 10.06 11.13 1.41 7.08 7.91 5.68 6.85 9.19 8.61
Tax % 34.12% 41.04% 42.11% 34.61% 31.51% 30.91% 24.82% 31.78% 27.31% 14.96% 14.01% 24.37%
1.13 0.79 1.32 3.59 6.89 7.68 1.06 4.83 5.76 4.82 5.90 6.95 6.75
EPS in Rs 37.67 26.33 44.00 94.47 6.89 5.37 0.74 3.38 4.03 3.19 3.71 3.66 3.55
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.73% 5.46%
Compounded Sales Growth
10 Years: 27%
5 Years: 16%
3 Years: 11%
TTM: -10%
Compounded Profit Growth
10 Years: 24%
5 Years: 50%
3 Years: 6%
TTM: 14%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: -8%
1 Year: -66%
Return on Equity
10 Years: 13%
5 Years: 10%
3 Years: 9%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.30 0.30 0.30 0.38 10.00 14.30 14.30 14.30 14.30 15.10 15.89 18.97 18.97
Reserves 3.11 3.90 5.22 9.53 6.08 30.34 31.29 25.28 31.54 41.94 50.39 84.53 87.05
2.23 4.60 7.73 14.29 19.62 13.24 10.23 10.46 12.02 18.95 20.31 17.79 23.60
1.75 3.70 4.68 6.29 14.45 15.70 13.02 32.67 27.10 32.20 21.71 20.98 20.42
Total Liabilities 7.39 12.50 17.93 30.49 50.15 73.58 68.84 82.71 84.96 108.19 108.30 142.27 150.04
0.93 1.18 3.04 5.47 6.94 7.59 5.49 4.73 6.72 16.73 13.64 10.94 9.41
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.15 0.00
Investments 0.16 0.01 0.01 0.01 0.07 0.66 0.79 0.64 0.07 0.02 0.05 0.08 0.08
6.30 11.31 14.88 25.01 43.14 65.33 62.56 77.34 78.17 91.44 94.60 131.10 140.55
Total Assets 7.39 12.50 17.93 30.49 50.15 73.58 68.84 82.71 84.96 108.19 108.30 142.27 150.04

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2.26 5.28 -10.64 -0.08 2.69 3.65 1.77 -1.71 -14.40
-3.10 -1.47 -1.65 1.51 0.23 -6.04 -6.43 -2.75 -3.09
0.84 -0.34 12.53 -2.54 -0.92 0.69 7.50 3.90 25.11
Net Cash Flow 0.01 3.47 0.24 -1.12 2.00 -1.70 2.84 -0.56 7.61

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 101.46 208.74 220.40 179.86 218.38 225.79 225.56 157.57 64.97 79.94 107.63 101.60
Inventory Days
Days Payable
Cash Conversion Cycle 101.46 208.74 220.40 179.86 218.38 225.79 225.56 157.57 64.97 79.94 107.63 101.60
Working Capital Days 46.89 172.47 140.74 65.59 101.53 221.95 254.99 161.26 150.99 166.36 181.76 239.81
ROCE % 40.58% 22.71% 28.48% 39.31% 40.27% 29.13% 5.00% 15.72% 16.63% 11.06% 12.09% 11.32%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
64.07% 64.07% 62.62% 61.37% 60.93% 59.10% 59.10% 59.00% 49.42% 49.42% 49.44% 49.44%
0.06% 0.05% 0.05% 0.05% 0.05% 1.37% 1.04% 2.73% 3.12% 2.14% 1.38% 2.33%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.98% 0.98% 3.62% 3.60%
35.88% 35.89% 37.33% 38.59% 39.02% 39.53% 39.85% 38.27% 46.48% 47.46% 45.55% 44.62%
No. of Shareholders 3,0013,1893,5894,4114,4415,9945,5835,7466,4316,5066,3586,280

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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