DHARANConsumer Discretionary

DHARAN INFRA-EPC LIMITED

Residential, Commercial Projects · ISIN INE278R01034 · BSE 541161 · NSE BZ · FV ₹1
Last price
₹0
0.00%today
What this company does

DHARAN INFRA-EPC LIMITED operates in Residential, Commercial Projects, part of the Consumer Discretionary sector. It booked ₹3 cr of revenue in its latest quarter (Q2 FY26) and kept -119.9% of sales as profit.

In the report:
32out of 100
Equitytale Health Score
Strained

Healthier than 32% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 301–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
28

At close. Not part of the score.

Profitability & returns11

How much profit it earns on the money it employs

Balance sheet56

How much it owes, and whether earnings cover the interest

Cash quality30

Whether reported profit actually arrives as cash

Growth & consistency11

Whether sales and profit have grown, and how steadily

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: valuation. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
No promoter shares pledged
Virtually debt-free
Watch-outs
! Currently loss-making
! Thin -119.9% net margin
! Sales down 44% vs last year
! Low -1.8% return on equity

What if I invest in DHARAN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹0 0.00%
latest close · 2026-09-17
1-year return
-98.7%
52-wk low ₹052-wk high ₹12
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.04Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-1.8%Loss
WeakFairStrong ▸15%
Return on capital-0.6%Loss
WeakFairStrong
Net margin-119.9%Loss
ThinDecentStrong
EBITDA margin-42.2%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.07Comfortable
LowModerateHigh ▸1
Interest cover-0.6×Risky
RiskyOkayStrong ▸5×
Current ratio8.29Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹34 cr
Book value
₹4
EPS
₹-0.02
latest quarter
Net debt
₹-666 cr
more cash than debt
Enterprise value
₹-632 cr
EBITDA
₹-6 cr
annualised
EBIT
₹-6 cr
annualised
Operating margin
-42.8%
Return on assets
-1.4%
Earnings yield
P/S
2.43
Sales / share
₹0.1
Tax rate
Face value
₹1
Shares
261.4 cr
Working capital
₹1,005 cr
Current assets
₹1,142 cr
Current liabilities
₹138 cr
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.
Models span ₹3₹3, midpoint ₹3

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY26 (consolidated)
Revenue from Operations₹3 cr
Other Income₹1.7 L
Total Income₹4 cr
Cost of Materials₹-1 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹85.7 L
Finance Costs₹3 cr
Depreciation & Amortisation₹2.1 L
Other Expenses₹5 cr
Total Expenses₹8 cr
Profit before Tax₹-4 cr
Tax Expense₹0.48 L
Net Profit₹-4 cr
Net margin on total income-119.3%
Where the money goes · Q2 FY26
% of total spend
Employee benefit expense₹85.7 L11.1%
Finance costs₹3 cr34.9%
Depreciation & amortisation₹2.1 L0.3%
Other expenses₹4 cr53.6%
Tax expense₹0.48 L0.1%
Total income ₹4 cr

The company made a net loss of ₹4 cr this quarter — income covered only 46 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ4 FY25Q1 FY26Q2 FY26
Revenue1 cr11.3 L3 cr
Total income2 cr1 cr4 cr
Expenses5 cr9 cr8 cr
Profit before tax-2 cr-8 cr-4 cr
Tax1.3 L0.45 L0.48 L
Net profit (owners' share)-2 cr-8 cr-4 cr
Net margin (owners' share, on revenue)-180.1%-119.9%
EPS (₹)-0.010.00-0.02
YoY (latest quarter): total income -55.7% · net profit
Balance sheet & cash flow · as of Sep 2025
Low debt
Total assets
₹1,211 cr
Shareholder equity
₹946 cr
parent shareholders
Total debt
₹68 cr
Cash
₹734 cr
Cash flow · H1 FY26
Operating
₹38 cr
Investing
₹-5 cr
Financing
₹98.8 L
Peer comparison
Residential, Commercial Projects · by market value
CompanyPriceMarket capP/E
DLF Limited₹640₹1.58 L cr49.8
Lodha Developers Limited₹1,103₹1.10 L cr20.1
The Phoenix Mills Limited₹1,872₹66,957 cr56.4
Oberoi Realty Limited₹1,741₹63,292 cr29.1
Prestige Estates Projects Limited₹1,440₹62,025 cr65.7
Godrej Properties Limited₹1,678₹50,551 cr36.1
Anant Raj Limited₹597₹21,482 cr35.9
Brigade Enterprises Limited₹621₹20,251 cr25.3
Horizon Industrial Parks Limited₹52₹12,779 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.05
ex 12 Aug 2021
ActionDetailEx-date
Bonus issue1:14 Apr 2025
Bonus issue1:412 Aug 2021
Stock split Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share12 Aug 2021
Dividend₹0.05 / share12 Aug 2021
Dividend₹0.05 / share24 Feb 2021
Stock split Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share2 Jul 2020
Who owns it · 2025-09-30
No pledge
Promoter
0.8%
FII / Foreign
0.8%
DII / Domestic
0.0%
Retail / others
98.4%
Promoter stake down 1.9% over the last 12 quarters.
Smart-money activity
Insider trades
SoldNaresh Jagumal Karda · Promoters2.50 cr · ₹16.4 cr13 Jun 22
SoldNaresh Jagumal Karda · Promoters2.50 cr · ₹16.4 cr5 May 22
SoldNaresh Jagumal Karda · Director1.00 cr · ₹9.7 cr31 Mar 22
Bulk / block deals
SoldABDUL AZEEZ KANAKKAYIL · NSE3.66 cr @ ₹0.1531 Aug 26
BoughtABDUL AZEEZ KANAKKAYIL · NSE2.90 cr @ ₹0.1613 Aug 26
BoughtABDUL AZEEZ KANAKKAYIL · NSE3.15 cr @ ₹0.1612 Aug 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Dec 2025
See the official result
1
To receive, consider and adopt the audited standalone and Consolidated financial statements of the Company for the Financial Year ended March 31, 2025, the report of the Board of Directors and Auditors thereon
Backed by 99% of shareholders other than promotersneeded 50%
2.93 cr votes for, 3.77 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 0.8% between them · as of 2025-09-30
Naresh Jagumal Karda0.77%
Neha Prem Karda0.03%
Komal Laxman Karda0.02%
Karamchand Jagumal Karda0.01%
Laxman Jagumal Karda0.01%
Manohar Jagumal Kardano shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.