Dhruv Consultancy Services Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹149.10Undervalued by 421.33%vs CMP ₹28.60

P/E (15.0) × ROE (32.3%) × BV (₹38.20) × DY (0.70%)

Defaults: P/E=15

₹47.90Undervalued by 67.48%vs CMP ₹28.60
MoS: +40.3% (Strong)Confidence: 58/100 (Moderate)Models: 7 Under, 2 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹82.7919%Under (+189.5%)
Graham NumberEarnings₹56.0917%Under (+96.1%)
Earnings PowerEarnings₹11.6114%Over (-59.4%)
DCFCash Flow₹21.6514%Over (-24.3%)
Net Asset ValueAssets₹37.997%Under (+32.8%)
EV/EBITDAEnterprise₹69.659%Under (+143.5%)
Earnings YieldEarnings₹36.607%Under (+28%)
ROCE CapitalReturns₹49.127%Under (+71.7%)
Revenue MultipleRevenue₹53.826%Under (+88.2%)
Consensus (9 models)₹47.90100%Undervalued
Key Drivers: EPS CAGR -44.5% drags value — could be higher if earnings stabilize. | Wide model spread (₹12–₹83) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -44.5% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

Dhruv Consultancy Services Ltd operates in the Infrastructure - General segment, NSE: DHRUV | BSE: 541302, current market price is ₹28.60, market cap is 54.2 Cr.. At a glance, ROE is 32.3 %, ROCE is 32.7 %, book value is 38.2, dividend yield is 0.70 %. The latest intrinsic value estimate is ₹47.90, which is about 67.5% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹102 Cr versus the prior period change of 24.4%, while latest net profit is about ₹7 Cr with a prior-period change of 16.7%. The 52-week range shown on this page is 76.0/22.2, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisDhruv Consultancy Services Ltd. is a Public Limited Listed company incorporated on 26/08/2003 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Numbe…

This summary is generated from the stock page data available for Dhruv Consultancy Services Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

61
Dhruv Consultancy Services Ltd scores 61/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health89/100 · Strong
ROCE 32.7% ExcellentROE 32.3% ExcellentD/E 0.23 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 0.20% (6mo) Slight increasePromoter holding at 49.4% Stable
Earnings Quality55/100 · Moderate
OPM expanding (12% → 16%) ImprovingWorking capital: 240 days Capital intensive
Quarterly Momentum15/100 · Weak
Revenue (4Q): -38% YoY DecliningProfit (4Q): -620% YoY DecliningOPM: 0.0% (down 18.0% YoY) Margin pressure
Industry Rank75/100 · Strong
ROCE 32.7% vs industry 17.7% Above peersROE 32.3% vs industry 13.0% Above peers3Y sales CAGR: 11% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: June 12, 2026, 8:20 am

Market Cap 54.2 Cr.
Current Price 28.6
Intrinsic Value₹47.90
High / Low 76.0/22.2
Stock P/E
Book Value 38.2
Dividend Yield0.70 %
ROCE32.7 %
ROE32.3 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Dhruv Consultancy Services Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Genus Prime Infra Ltd 246 Cr. 31.5 35.4/16.353.5 1450.00 %3.81 %3.51 % 2.00
Ekansh Concepts Ltd 326 Cr. 216 308/143 30.00.00 %1.48 %6.48 % 10.0
Dhruv Consultancy Services Ltd 54.2 Cr. 28.6 76.0/22.2 38.20.70 %32.7 %32.3 % 10.0
Crane Infrastructure Ltd 9.73 Cr. 13.4 20.8/9.1421.2 42.00.00 %2.08 %1.52 % 10.0
Brahmaputra Infrastructure Ltd 457 Cr. 157 179/60.17.67 1190.00 %18.2 %18.9 % 10.0
Industry Average1,514.42 Cr136.98164.9395.460.21%17.67%13.02%8.15

All Competitor Stocks of Dhruv Consultancy Services Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 222111232325203322282119-6
Expenses 2020919182217291823181724
Operating Profit 213452244432-29
OPM % 10%5%23%18%21%10%13%11%18%16%15%10%
Other Income 0100000010000
Interest 0111111110000
Depreciation 1111111111111
Profit before tax 101231123321-31
Tax % -22%-29%15%11%6%49%21%15%19%38%24%-54%0%
Net Profit 201230122221-31
EPS in Rs 1.210.060.581.241.780.270.551.001.131.050.840.53-16.33

Last Updated: March 3, 2026, 10:56 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 3:50 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 9915304356496375818210262
Expenses 781222314245556672688782
Operating Profit 2238121549991415-20
OPM % 19%17%23%27%27%26%7%14%12%11%17%14%-32%
Other Income 0000111111121
Interest 0012232112332
Depreciation 0001111113555
Profit before tax 21251011178679-25
Tax % 34%41%42%35%32%31%25%32%27%15%14%24%
Net Profit 111478156567-26
EPS in Rs 37.6726.3344.0094.476.895.370.743.384.033.193.713.66-13.91
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%7%5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)0.00%0.00%300.00%75.00%14.29%-87.50%400.00%20.00%-16.67%20.00%16.67%
Change in YoY Net Profit Growth (%)0.00%0.00%300.00%-225.00%-60.71%-101.79%487.50%-380.00%-36.67%36.67%-3.33%

Dhruv Consultancy Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:27%
5 Years:16%
3 Years:11%
TTM:15%
Compounded Profit Growth
10 Years:24%
5 Years:50%
3 Years:6%
TTM:30%
Stock Price CAGR
10 Years:%
5 Years:25%
3 Years:-3%
1 Year:-54%
Return on Equity
10 Years:13%
5 Years:10%
3 Years:9%
Last Year:8%

Last Updated: September 5, 2025, 3:16 pm

Balance Sheet

Last Updated: June 2, 2026, 2:30 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 0.300.300.38101414141415161919
Reserves 451063031253242508553
Borrowings 5814201310101219201828
Other Liabilities 456141613332732222118
Total Liabilities 1218305074698385108108142119
Fixed Assets 1357855717141111
CWIP 000000000000
Investments 000011100000
Other Assets 11152543656377789195131107
Total Assets 1218305074698385108108142119

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 25-11-0342-2-14-3
Cash from Investing Activity + -3-1-220-6-6-3-34
Cash from Financing Activity + 1-013-3-118425-0
Net Cash Flow 030-12-23-180
Free Cash Flow -13-1312-3-5-5-18-8
CFO/OP 28%44%-73%-2%31%48%22%0%-79%-5%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow2.00-3.00-5.00-6.00-8.002.00-6.00-1.00-3.00-10.00-6.00-3.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 1012092201802182262261586580108102
Inventory Days
Days Payable
Cash Conversion Cycle 1012092201802182262261586580108102
Working Capital Days 4717214166102222255161151166182240
ROCE %41%23%28%39%40%29%5%16%17%11%12%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 64.07%62.62%61.37%60.93%59.10%59.10%59.00%49.42%49.42%49.44%49.44%49.44%
FIIs 0.05%0.05%0.05%0.05%1.37%1.04%2.73%3.12%2.14%1.38%2.33%2.34%
DIIs 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.98%0.98%3.62%3.60%0.94%
Public 35.89%37.33%38.59%39.02%39.53%39.85%38.27%46.48%47.46%45.55%44.62%47.27%
No. of Shareholders 3,1893,5894,4114,4415,9945,5835,7466,4316,5066,3586,2806,195

Shareholding Pattern Chart

No. of Shareholders

Dhruv Consultancy Services Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23
FaceValue 10.0010.0010.00
Basic EPS (Rs.) 4.143.883.28
Diluted EPS (Rs.) 4.143.883.28
Cash EPS (Rs.) 6.066.815.09
Book Value[Excl.RevalReserv]/Share (Rs.) 54.5741.7137.79
Book Value[Incl.RevalReserv]/Share (Rs.) 54.5741.7137.79
Revenue From Operations / Share (Rs.) 53.7651.2953.77
PBDIT / Share (Rs.) 8.329.286.81
PBIT / Share (Rs.) 5.936.194.92
PBT / Share (Rs.) 4.844.313.76
Net Profit / Share (Rs.) 3.663.713.19
NP After MI And SOA / Share (Rs.) 3.663.713.19
PBDIT Margin (%) 15.4718.0912.67
PBIT Margin (%) 11.0212.069.14
PBT Margin (%) 9.018.406.98
Net Profit Margin (%) 6.817.235.94
NP After MI And SOA Margin (%) 6.817.235.94
Return on Networth / Equity (%) 6.718.898.45
Return on Capital Employeed (%) 10.5213.4111.17
Return On Assets (%) 4.885.144.45
Long Term Debt / Equity (X) 0.010.030.07
Total Debt / Equity (X) 0.140.230.23
Asset Turnover Ratio (%) 0.790.730.00
Current Ratio (X) 3.262.272.06
Quick Ratio (X) 3.262.272.06
Dividend Payout Ratio (NP) (%) 11.176.400.00
Dividend Payout Ratio (CP) (%) 6.763.480.00
Earning Retention Ratio (%) 88.8393.600.00
Cash Earning Retention Ratio (%) 93.2496.520.00
Interest Coverage Ratio (X) 7.694.955.87
Interest Coverage Ratio (Post Tax) (X) 4.392.983.75
Enterprise Value (Cr.) 135.74198.0172.97
EV / Net Operating Revenue (X) 1.332.430.89
EV / EBITDA (X) 8.6013.427.09
MarketCap / Net Operating Revenue (X) 1.312.320.82
Retention Ratios (%) 88.8293.590.00
Price / BV (X) 1.292.851.17
Price / Net Operating Revenue (X) 1.312.320.82
EarningsYield 0.050.030.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Dhruv Consultancy Services Ltd. is a Public Limited Listed company incorporated on 26/08/2003 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L74999MH2003PLC141887 and registration number is 141887. Currently company belongs to the Industry of Infrastructure - General. Company's Total Operating Revenue is Rs. 42.90 Cr. and Equity Capital is Rs. 18.97 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Infrastructure - General501, Pujit Plaza, Palm Beach Road, Sector-11, Opp. K-Star Hotel, Mumbai Maharashtra 400614Contact not found
Management
NamePosition Held
Mrs. Tanvi Tejas AutiManaging Director
Mrs. Jayashree P DandawateExecutive Director
Mr. Sandeep B DandawateExecutive Director
Mr. Pandurang B DandawateNon Executive Director
Mr. Ashokkumar Nagesh KatteInd. Non-Executive Director
Mr. Saleem K WadgaonkarInd. Non-Executive Director
Mr. Sharadchandra K ChaphalkarInd. Non-Executive Director
Mr. Sudhir A ShringareInd. Non-Executive Director

FAQ

What is the intrinsic value of Dhruv Consultancy Services Ltd and is it undervalued?

As of 15 June 2026, Dhruv Consultancy Services Ltd's intrinsic value is ₹47.90, which is 67.48% higher than the current market price of ₹28.60, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (32.3 %), book value (₹38.2), dividend yield (0.70 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Dhruv Consultancy Services Ltd?

Dhruv Consultancy Services Ltd is trading at ₹28.60 as of 15 June 2026, with a FY2026-2027 high of ₹76.0 and low of ₹22.2. The stock is currently near its 52-week low. Market cap stands at ₹54.2 Cr..

How does Dhruv Consultancy Services Ltd's P/E ratio compare to its industry?

Dhruv Consultancy Services Ltd has a P/E ratio of , which is below the industry average of 164.93. This is broadly in line with or below the industry average.

Is Dhruv Consultancy Services Ltd financially healthy?

Key indicators for Dhruv Consultancy Services Ltd: ROCE of 32.7 % indicates efficient capital utilization; ROE of 32.3 % shows strong shareholder returns. Dividend yield is 0.70 %.

Is Dhruv Consultancy Services Ltd profitable and how is the profit trend?

Dhruv Consultancy Services Ltd reported a net profit of ₹7 Cr in Mar 2025 on revenue of ₹102 Cr. Compared to ₹6 Cr in Mar 2022, the net profit shows an improving trend.

Does Dhruv Consultancy Services Ltd pay dividends?

Dhruv Consultancy Services Ltd has a dividend yield of 0.70 % at the current price of ₹28.60. The company pays dividends, though the yield is modest.

Last Updated: June 12, 2026, 8:20 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 541302 | NSE: DHRUV
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Dhruv Consultancy Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE