Dhruv Consultancy Services Limited

BSE: DHRUV541302ISIN INE506Z01015

Services
Consulting Services

Share price

₹19.80+0.60 (+3.13%)

as of 5 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹57.75
52W low: ₹18.77
Off 52W high: -65.71%
1M return: -1.10%
3M return: -19.84%
6M return: -41.07%
1Y return: -61.92%
20D avg volume: 2,142
50 DMA: ₹21.54
200 DMA: ₹28.78

Key ratios Consolidated

Market cap: ₹37.55 Cr
Current price: ₹19.80
52W high / low: ₹57.75 / ₹18.77
Face value: ₹10.00
P/E: -0.95
P/B: 0.59
EPS (TTM): ₹-20.83
Book value / share: ₹33.65
ROE: —
ROCE: -44.50%
Operating margin: —
Net margin: —
Debt / equity: 0.27
Net debt: ₹18.90 Cr
Interest cover: -24.37
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 69.0 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	17.96	15.55	8.32	-5.69	19.23	21.04	27.60	21.99	32.67	19.70	—
	0.19	0.39	0.27	0.24	0.17	0.36	0.43	0.56	0.25	0.32	—
	18.16	15.94	8.59	5.44	19.40	21.40	28.03	22.56	32.92	20.02	—
	21.81	20.43	18.27	25.43	18.75	19.30	24.80	19.91	30.70	18.91	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	4.96	5.32	5.35	5.04	5.25	5.39	5.58	5.87	5.60	5.75	—
	0.66	0.53	0.23	0.45	0.39	0.41	0.49	0.67	0.62	0.64	—
	0.66	0.73	1.02	1.19	1.08	1.07	1.19	1.16	1.11	1.08	—
	15.54	13.85	11.66	18.75	12.03	12.43	17.54	—	—	—	—
	-3.65	-4.49	-9.68	-30.87	0.66	2.10	3.23	2.64	2.22	1.10	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	-3.65	-4.49	-9.68	-30.87	0.66	2.10	3.23	2.64	2.22	1.10	—
	0.00	0.27	9.61	0.14	0.35	0.50	1.24	0.49	0.33	0.23	—
	-3.65	-4.76	-0.07	-31.02	1.01	1.60	1.99	2.15	1.89	0.88	—
	0.00	-2.51	0.26	-16.37	0.51	0.84	1.13	1.20	1.17	0.55	—
Key metrics
	-2.33	-3.23	-8.43	-29.23	2.13	3.58	4.91	4.47	3.95	2.82	—
	-13.00%	-20.80%	-101.30%	513.70%	11.10%	17.00%	17.80%	20.30%	12.10%	14.30%	—
	-20.30%	-30.60%	-0.80%	545.20%	5.30%	7.60%	7.20%	9.80%	5.80%	4.50%	—
	-4.10%	—	-11.60%	—	1.00%	—	3.50%	—	—	—	—
	-6.60%	-26.10%	-69.90%	-125.90%	-41.10%	6.80%	—	—	—	—	—
	-461.40%	-397.50%	-103.50%	-1,542.80%	-46.60%	81.80%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	36.14	42.90	101.97	—
	1.09	1.05	1.56	—
	48.13	43.96	103.52	—
	85.94	81.76	94.33	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	20.67	21.04	22.80	—
	1.87	1.49	2.05	—
	3.60	4.35	4.54	—
	59.80	54.87	64.95	—
	-48.69	-37.80	9.19	—
	0.00	0.00	0.00	—
	-48.69	-37.80	9.19	—
	10.02	-9.32	2.29	—
	-39.50	-28.48	6.90	—
	-18.62	-14.79	4.14	—
Key metrics
	-43.22	-31.96	15.78	—
	-119.59%	-74.50%	15.50%	—
	-109.30%	-66.40%	6.80%	—
	—	-44.50%	10.50%	—
	-59.78%	-57.90%	—	—
	-685.19%	-512.80%	—	—
	—	-8.14	-18.17	—
	—	0.12	-2.09	—
	—	0.27	0.15	—
	—	18.90	8.47	—
	—	69.0	62.9	—
Balance sheet
	—	118.66	142.26	—
	—	84.52	115.64	—
	—	0.73	6.92	—
	—	21.29	28.38	—
	—	0.00	0.00	—
	—	34.80	59.14	—
	—	7.64	8.65	—
	—	13.17	10.81	—
	—	37.08	35.49	—
	—	19.63	15.39	—
	—	15.65	14.58	—
	—	3.98	0.81	—
	—	72.21	103.50	—
Cash flow
	—	-3.44	-14.40	—
	—	3.73	-3.09	—
	—	-0.16	25.11	—
	—	4.70	3.77	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	17.96	15.55	8.32	-5.69	19.23	21.04	27.60	21.99	32.67	19.70	—
	0.23	0.39	0.27	0.24	0.17	0.36	0.43	0.56	0.25	0.32	—
	18.19	15.94	8.59	-5.44	19.40	21.40	28.03	22.56	32.92	20.02	—
	21.80	20.41	18.25	25.39	18.75	19.30	24.80	19.91	30.70	18.91	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	4.96	5.32	5.35	5.04	5.25	5.39	5.58	5.87	5.60	5.75	—
	0.66	0.53	0.23	0.45	0.39	0.41	0.49	0.67	0.62	0.64	—
	0.66	0.73	1.02	1.19	1.08	1.07	1.19	1.16	1.11	1.08	—
	15.52	13.83	11.65	18.70	12.03	12.43	17.54	—	—	—	—
	-3.60	-4.47	-9.66	-30.83	0.66	2.10	3.23	2.64	2.22	1.10	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	-3.60	-4.47	-9.66	-30.83	0.66	2.10	3.23	2.64	2.22	1.10	—
	0.00	0.27	9.60	0.14	-0.35	0.50	1.24	0.49	0.33	0.23	—
	-3.60	-4.74	-0.06	-30.97	1.01	1.60	1.99	2.15	1.89	0.88	—
	0.00	-2.50	0.24	-16.35	0.51	0.84	1.13	1.20	1.17	0.55	—
Key metrics
	-2.28	-3.21	-8.41	-29.19	2.13	3.58	4.91	4.47	3.95	2.82	—
	-12.70%	-20.60%	-101.10%	513.00%	11.10%	17.00%	17.80%	20.30%	12.10%	14.30%	—
	-20.00%	-30.50%	-0.70%	544.30%	5.30%	7.60%	7.20%	9.80%	5.80%	4.50%	—
	-4.00%	—	-11.50%	—	1.00%	—	3.50%	—	—	—	—
	-6.60%	-26.10%	-69.90%	-125.90%	-41.10%	6.80%	—	—	—	—	—
	-456.40%	-396.20%	-103.00%	-1,540.50%	-46.60%	81.80%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	36.14	42.90	101.97	—
	1.13	1.05	1.56	—
	37.28	43.96	103.52	—
	85.85	81.69	94.33	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	20.67	21.04	22.80	—
	1.87	1.49	2.05	—
	3.60	4.35	4.54	—
	59.70	54.81	64.95	—
	-48.56	-37.74	9.19	—
	0.00	0.00	0.00	—
	-48.56	-37.74	9.19	—
	10.01	-9.32	2.29	—
	-39.37	-28.42	6.90	—
	-18.61	-14.76	4.14	—
Key metrics
	-43.09	-31.90	15.78	—
	-119.23%	-74.40%	15.50%	—
	-108.94%	-66.20%	6.80%	—
	—	-44.30%	10.50%	—
	-59.78%	-57.90%	—	—
	-683.26%	-511.90%	—	—
	—	-8.14	-18.17	—
	—	0.12	-2.09	—
	—	0.27	0.15	—
	—	18.90	8.47	—
	—	70.1	62.9	—
Balance sheet
	—	118.69	142.26	—
	—	84.55	115.64	—
	—	0.73	6.92	—
	—	21.29	28.38	—
	—	0.00	0.00	—
	—	34.83	59.14	—
	—	7.64	8.65	—
	—	13.05	10.81	—
	—	36.95	35.49	—
	—	19.63	15.39	—
	—	15.65	14.58	—
	—	3.98	0.81	—
	—	72.36	103.50	—
Cash flow
	—	-3.44	-14.40	—
	—	3.73	-3.09	—
	—	-0.16	25.11	—
	—	4.70	3.77	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -59.78%
Profit YoY (TTM): -683.26%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -59.78%
Profit YoY (TTM): -685.19%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 49.45%

Quarter	September 2026	June 2026
Promoter %	49.45%	49.45%

Holder	Type	Holding	Previous	Change
PANDURANG BALKRISHNA DANDAWATE	Promoter	21.31%	21.31%	0.00%
JAYASHRI PANDURANG DANDAWATE	Promoter	15.32%	15.32%	0.00%
TANVI TEJAS AUTI	Promoter Group	8.37%	8.37%	0.00%
DHEERAJ KUMAR LOHIA	Public	2.74%	2.74%	0.00%
RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED	Public	2.64%	2.64%	0.00%
PRUTHA PANDURANG DANDAWATE .	Promoter Group	2.64%	2.64%	0.00%
SANDEEP BALKRISHNA DANDAWATE	Promoter Group	1.72%	1.72%	0.00%
DANDAWATE ANJALI MAHESH	Public	1.70%	1.70%	0.00%
MUKESH SHARMA	Public	1.53%	1.58%	-0.05%
AEGIS INVESTMENT FUND PCC	Public	1.40%	1.40%	0.00%
ASHA DEVI MOHTA	Public	1.08%	1.08%	0.00%
DEENYAR SHERIAR JEHANI	Public	1.07%	1.07%	0.00%
TEJAS DASHARATH AUTI	Promoter Group	0.08%	0.08%	0.00%
PANDURANG BALKRISHNA DANDAWATE HUF .	Promoter Group	0.01%	0.01%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Central Mine Planning & Design Institute Limited S	13,170	184.45	—	34.60%	—	—	—
IIRM HOLDINGS INDIA LIMITED	822	117.95	33.49	17.70%	+16.23% TTM	+21.58% TTM	+48.40%
Qualitek Labs Limited	612	525.00	—	10.80%	—	—	+23.82%
Monarch Surveyors and Engineering Consultants Limited	328	231.85	—	—	—	—	-11.00%
Ekansh Concepts Limited	315	207.95	-92.06	2.10%	-53.56% TTM	-367.24% TTM	-13.26%
LIKHAMI CONSULTING LIMITED S	307	309.00	965.63	0.90%	+12.33% TTM	+10.34% TTM	-1.81%
EKI Energy Services Limited	211	76.16	-6.75	-2.90%	-66.25% TTM	-1,366.20% TTM	-33.19%
AAA TECHNOLOGIES LIMITED S	132	103.20	62.55	8.90%	-23.81% TTM	-39.60% TTM	+10.09%
TECHKNOWGREEN SOLUTIONS LIMITED	87	117.40	—	25.10%	—	—	-25.46%
DMR ENGINEERING LIMITED	38	36.75	—	18.40%	—	—	-29.46%
Dhruv Consultancy Services Limited	38	19.80	-0.95	-44.50%	-59.78% TTM	-685.19% TTM	-61.92%
Walchand Peoplefirst Limited S	37	126.90	8.37	14.60%	+14.96% TTM	+59.06% TTM	-5.44%
Lex Nimble Solutions Limited S	36	85.00	33.73	7.90%	—	—	—
Artefact Projects Ltd S	33	45.01	6.36	11.00%	+14.05% TTM	-26.64% TTM	-29.24%
Invigorated Business Consulting Limited S	31	7.59	-126.50	0.60%	-100.00% TTM	0.00% TTM	-10.71%
GULF LLOYDS (INDIA) LIMITED	29	43.55	—	—	—	—	—
PRO CLB GLOBAL LIMITED S	24	46.96	12.46	9.10%	+1,438.81% TTM	+334.15% TTM	-1.49%
DRA CONSULTANTS LIMITED S	23	21.00	7.45	11.20%	—	—	+7.69%
TRADEWELL HOLDINGS LIMITED S	18	59.84	17.65	16.80%	-11.83% TTM	+145.24% TTM	-15.02%
Otco International Ltd S	17	13.12	-62.48	0.40%	-100.00% TTM	-2,900.00% TTM	+82.22%
Integrated Capital Services Ltd	15	4.08	-16.39	-1.80%	-40.63% TTM	-980.00% TTM	-5.56%
IMEC SERVICES LIMITED S	12	65.13	1.97	-6.40%	-99.13% TTM	-75.20% TTM	-79.36%
Zodiac Ventures Limited	11	1.28	6.76	4.20%	+74.11% TTM	+30.00% TTM	-56.76%
Jonjua Overseas Limited S	10	2.98	3.87	19.30%	—	—	-50.57%
Tarini International Limited	10	7.76	—	2.30%	—	—	-36.96%

Filings & corporate actions

Recent announcements

Un-Audited Financial Results5 Nov 2026 · Result / Financial Results
Outcome of Board Meeting w.r.t. Q2 of 2026-20275 Nov 2026 · Board Meeting / Outcome of Board Meeting
Project update letter30 Oct 2026 · Company Update / General
Project update letter28 Oct 2026 · Company Update / General
Dhruv Consultancy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve un-audited financial ....26 Oct 2026 · Board Meeting / Board Meeting
Project Update Letter19 Oct 2026 · Company Update / General
Regulation 74(5) for Q2 of 2026-202715 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Outcome of Board Meeting w.r.t. Incorporation of Subsidiary Companies. Co''s under Incorporation. Letter is attached.12 Oct 2026 · Board Meeting / Outcome of Board Meeting
Dhruv Consultancy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/10/2026 ,inter alia, to consider and approve the formation of ....6 Oct 2026 · Board Meeting / Board Meeting
Report attached25 Sep 2026 · AGM/EGM / AGM
Trading Window Closure for Q2 of 2026-202724 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Outcome of AGM-202624 Sep 2026 · AGM/EGM / AGM
Project update letter23 Sep 2026 · Company Update / General
Project update letter21 Sep 2026 · Company Update / General
Letter is attached10 Sep 2026 · Company Update / General
Project updates - detailed letter is attached.4 Sep 2026 · Company Update / General
Project update letter is attached4 Sep 2026 · Company Update / General
Project updates w.r.t. LOA received. detailed letter is attached4 Sep 2026 · Company Update / General
Newspaper Publication w.r.t. AGM Notice and E-voting particulars31 Aug 2026 · Company Update / Newspaper Publication
Notice of AGM27 Aug 2026 · Company Update / General
for FY 2025-202627 Aug 2026 · Others / Reg. 34 (1) Annual Report
Earnings call transcript for Q1 of 2026-202725 Aug 2026 · Company Update / Earnings Call Transcript
Book Closure dates w.r.t AGM 202624 Aug 2026 · Company Update / General
Outcome of Board Meeting w.r.t AGM of 202624 Aug 2026 · Board Meeting / Outcome of Board Meeting
Dhruv Consultancy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/08/2026 ,inter alia, to consider and approve the date of AGM ....18 Aug 2026 · Board Meeting / Board Meeting
audio recordings of the earnings call for Q1 of 2026-202718 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication for Q1 of 2026-202713 Aug 2026 · Company Update / Newspaper Publication
Project update letter13 Aug 2026 · Company Update / General
Earnings call intimation for Q1 of 2026-202713 Aug 2026 · Company Update / Analyst / Investor Meet
Un-audited Financial Results12 Aug 2026 · Result / Financial Results
Outcome of Board Meeting for Q1 of 2026-202712 Aug 2026 · Board Meeting / Outcome of Board Meeting
Dhruv Consultancy Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve un-audited financial ....5 Aug 2026 · Board Meeting / Board Meeting
Regulation 74(5) for Q1 of 2026-202714 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Trading Window Closure for Q1 of 2026-202724 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Group Meeting (general) with the Analyst/investor. Letter is attached.23 Jun 2026 · Company Update / General
Subsidiary incorporation - clarification ( letter is attached )23 Jun 2026 · Company Update / General
Incorporation of the Subsidiary. ( detailed letter is attached )22 Jun 2026 · Company Update / General
intimation of investor/analyst meeting (general in nature) - group meeting for investors.(letter is attached)17 Jun 2026 · Company Update / Analyst / Investor Meet
Project updates - letter is attached.12 Jun 2026 · Company Update / General
Project update letter is attached.10 Jun 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 0.1000	14 Feb 2025	14 Feb 2025	—
Interim Dividend - Rs. - 0.1000	22 Nov 2024	22 Nov 2024	—
Final Dividend - Rs. - 0.2500	26 Aug 2024	26 Aug 2024	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results