Dhruv Consultancy Services Ltd (DHRUV) — shareholding pattern, promoter holding, financials and share price
About Dhruv Consultancy Services Ltd (DHRUV)
Dhruv Consultancy Services Ltd operates in the Consulting Services industry, within the Services sector. It trades on the NSE as DHRUV and on the BSE under scrip code 541302. Its ISIN is INE506Z01015.
Incorporated in 2003, Dhruv Consultancy Services Ltd is a Project Management Consultancy firm that specializes in providing infrastructural solutions [1]
Dhruv Consultancy Services Limited is an Indian infrastructure consultancy specialising in highways and bridges, providing DPR preparation, design engineering, construction supervision, project management and operation & maintenance services to central and state agencies; the firm employs ~350 professionals with over 75% qualified engineers and has executed 250+ projects since 2003.
The company reported 9-month FY26 revenue of INR35.36 crores but recorded a non-cash accounting adjustment of approximately INR30 crores under Ind AS 8/115 after a management review of project cost and margin estimates; management emphasised this is a one-time, conservative re-estimate and does not reflect cash outflows or structural execution weakness.
Listed peers in Consulting Services: Artefact Projects Ltd, Walchand Peoplefirst Ltd, Lex Nimble Solutions Ltd, DMR Engineering Ltd, Invigorated Business Consulting Ltd, IMEC Services Ltd.
Valuation & Returns
10 Jul 2026At ₹26.3 a share on 10 Jul 2026, Dhruv Consultancy Services Ltd (DHRUV) was valued at a price-to-book of 0.48x on a book value of ₹54.57 per share as of Mar 2025. Solomo computes return on equity of -27.51% and return on capital employed of -29.94% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- Industry P/E
- 21.24x
- P/B
- 0.48x
- EPS (TTM)
- ₹-15.01
- Book value / share
- ₹54.57
- ROE
- -27.51%
- ROCE
- -29.94%
- ROA
- -20.01%
- Debt / equity
- 0.17x
- Dividend yield
- 0.77%
- EBITDA margin
- -74.45%
- 52-week range
- ₹23.11 – ₹74.05
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Dhruv Consultancy Services Ltd (DHRUV) reported revenue of ₹43 crore, net profit of ₹-28 crore and earnings per share of ₹-15.02. That compares with revenue of ₹102 crore and net profit of ₹7 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹8.32 crore and net profit ₹-0.07 crore (consolidated).
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue (₹ cr) | 81 | 82 | 102 | 43 |
| Net profit (₹ cr) | 5 | 6 | 7 | -28 |
| EPS (₹) | 3.18 | 3.71 | 3.66 | -15.02 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 21.82% | 12.15% | 10.75% | 24.75% |
| Profit growth | 17.37% | 45.61% | 6.49% | 17.80% |
| Stock price CAGR | - | 0% | -20% | -62% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 49.44% of Dhruv Consultancy Services Ltd (DHRUV) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.17%. Market capitalisation was ₹50 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Jun 2026: DHEERAJ KUMAR LOHIA 2.74%, RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED 2.64%, DANDAWATE ANJALI MAHESH 1.7%, MUKESH SHARMA 1.58%, AEGIS INVESTMENT FUND PCC 1.4%, HUF 1.35%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 49.44% | - | 2.17% | - | 50.56% |
| Mar 2026 | 49.44% | - | 2.24% | - | 50.56% |
| Dec 2025 | 49.44% | - | 2.34% | 0.94% | 50.56% |
| Sep 2025 | 49.44% | - | 2.34% | 3.59% | 50.56% |
| Jun 2025 | 49.44% | - | 1.39% | 3.61% | 50.56% |
| Mar 2025 | 49.42% | - | 2.14% | 0.98% | 50.58% |
| Dec 2024 | 49.42% | - | 3.13% | 0.98% | 50.58% |
| Sep 2024 | 59% | - | 2.74% | - | 41% |