DHRUVServices

Dhruv Consultancy Services Limited

Consulting Services · ISIN INE506Z01015 · BSE 541302 · NSE EQ · FV ₹10
Last price
₹22
+1.07%today
What this company does

Dhruv Consultancy Services Limited operates in Consulting Services, part of the Services sector. It booked ₹16 cr of revenue in its latest quarter (Q1 FY27) and kept -30.6% of sales as profit. It is the 3rd largest of 3 Consulting Services companies we track, by market value.

Their stated vision

to become a global leader in infrastructure shaping our vision to to enter the PMC area.

In the report:
36out of 100
Equitytale Health Score
Strained

Healthier than 36% of companies in Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 85–116 companies that reported it.

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

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns1

How much profit it earns on the money it employs · lowest in its sector on what we could measure

Balance sheet34

How much it owes, and whether earnings cover the interest

Cash quality4

Whether reported profit actually arrives as cash

Valuation88

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. 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
Promoters hold 49%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -30.6% net margin
! Sales down 26% vs last year
! Low -26.4% return on equity
! Operating cash flow is negative

What if I invest in DHRUV?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹22 +1.07%
latest close · 2026-09-17
52-wk low ₹21191 sessions so far52-wk high ₹84
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 ratio0.57Below book
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-26.4%Loss
WeakFairStrong ▸15%
Return on capital-19.4%Loss
WeakFairStrong
Net margin-30.6%Loss
ThinDecentStrong
EBITDA margin-20.7%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.27Comfortable
LowModerateHigh ▸1
Interest cover-7.4×Risky
RiskyOkayStrong ▸5×
Current ratio2.28Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹41 cr
Book value
₹38
EPS
₹-2.51
latest quarter
Net debt
₹19 cr
owes more than its cash
Enterprise value
₹60 cr
EBITDA
₹-13 cr
annualised
EBIT
₹-16 cr
annualised
Operating margin
-25.4%
Return on assets
-16.0%
Earnings yield
P/S
0.66
Sales / share
₹32.8
Tax rate
Face value
₹10
Shares
1.9 cr
Working capital
₹47 cr
Current assets
₹85 cr
Current liabilities
₹37 cr
Delivery %
87.9%
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
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹22₹52, midpoint ₹37

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 · Q1 FY27 (consolidated)
Revenue from Operations₹16 cr
Other Income₹38.7 L
Total Income₹16 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹5 cr
Finance Costs₹53.2 L
Depreciation & Amortisation₹73.1 L
Other Expenses₹14 cr
Total Expenses₹20 cr
Profit before Tax₹-4 cr
Tax Expense₹26.9 L
Share of JV / Associates₹-0.03 L
Net Profit₹-5 cr
Net margin on total income-29.9%
Where the money goes · Q1 FY27
% of total spend
Employee benefit expense₹5 cr25.7%
Finance costs₹53.2 L2.6%
Depreciation & amortisation₹73.1 L3.5%
Other expenses₹14 cr66.9%
Tax expense₹26.9 L1.3%
Total income ₹16 cr

The company made a net loss of ₹5 cr this quarter — income covered only 77 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue-6 cr8 cr16 cr
Total income-5 cr9 cr16 cr
Expenses25 cr18 cr20 cr
Profit before tax-31 cr-10 cr-4 cr
Tax14 L-10 cr26.9 L
Net profit (owners' share)-31 cr-7.4 L-5 cr
Net margin (owners' share, on revenue)-0.9%-30.6%
EPS (₹)-16.370.26-2.51
YoY (latest quarter): total income -25.5% · net profit
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹119 cr
Shareholder equity
₹72 cr
parent shareholders
Total debt
₹20 cr
Cash
₹72.7 L
Cash flow · H1 FY26
Operating
₹-7 cr
Investing
₹-16.1 L
Financing
₹54.1 L
Peer comparison
Consulting Services · by market value
CompanyPriceMarket capP/E
Central Mine Planning & Design Institute Limited₹206₹14,686 cr31.5
AAA Technologies Limited₹85₹108 cr31.1
Dhruv Consultancy Services Limitedthis company₹22₹41 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.1
ex 14 Feb 2025
ActionDetailEx-date
Dividend₹0.1 / share14 Feb 2025
Dividend₹0.1 / share22 Nov 2024
Dividend₹0.25 / share26 Aug 2024
Dividend₹0.25 / share5 Sep 2023
Who owns it · 2026-06-30
No pledge
Promoter
49.4%
FII / Foreign
2.2%
DII / Domestic
Retail / others
48.4%
Promoter stake down 11.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPandurang B Dandawate · Promoters200 · ₹12,71227 Jun 25
BoughtPandurang B Dandawate · Promoters22 · ₹1,44820 Jun 25
BoughtPandurang B Dandawate · Promoters22 · ₹1,48519 Jun 25
Bulk / block deals
SoldSHRUTI MOHTA · NSE1.00 L @ ₹30.0525 Mar 26
BoughtASHA DEVI MOHTA · NSE1.00 L @ ₹30.0625 Mar 26
SoldSHREE BAHUBALI STOCK BROKING LIMITED · NSE1.05 L @ ₹29.324 Mar 26
Stake changes
BoughtPandurang B Dandawate · promoter→ 21.31% · 20027 Jun 25
BoughtPANDURANG B DANDAWATE · promoter→ 21.31% · 2220 Jun 25
BoughtPandurang B Dandawate · promoter→ 21.31% · 2219 Jun 25
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 · 22 Sep 2025
See the official result
1
To receive, consider and adopt the Audited (Standalone & Consolidated) Financial Statements of the Company for the financial year ended 31st March 2025, together with the Reports of the Board of Directors and Auditor’s thereon
Backed by 100% of shareholders other than promotersneeded 50%
8.25 L votes for, 6 against · 0% of mutual funds and other big investors said no
2
Re-appointment of Director in the place of retiring director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
8.25 L votes for, 6 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mrs. Jayashri Dandawate (DIN: 02852334) as an Executive Director
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
8.25 L votes for, 6 against · 0% of mutual funds and other big investors said no
4
Revision in the Remuneration of Ms. Tanvi Auti, Managing Director (DIN: 07618878) of the Company
Promoters had a personal stake in this
Backed by 78% of shareholders other than promotersneeded 75%
6.26 L votes for, 1.81 L against · 100% 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 — 7 named members
owning 49.5% between them · as of 2026-06-30
PANDURANG BALKRISHNA DANDAWATE21.31%
JAYASHRI PANDURANG DANDAWATE15.32%
TANVI TEJAS AUTI8.37%
PRUTHA PANDURANG DANDAWATE2.64%
SANDEEP BALKRISHNA DANDAWATE1.72%
TEJAS DASHARATH AUTI0.08%
PANDURANG BALKRISHNA DANDAWATE HUF0.01%

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.