Rs 558 crore order book: Road infrastructure consultancy company bags new orders worth Rs 10,87,20,000 from NHAI
The stock is up by 7 per cent from its 52-week low of Rs 84.70 per share and gave multibagger returns of 250 per cent in 5 years.
Dhruv Consultancy Services Limited has announced securing significant new orders from the National Highways Authority of India (NHAI), totalling Rs 10,87,20,000. The first order, valued at Rs 4,50,00,000 (excluding GST), pertains to Independent Engineer Services for the development of a 4-lane economic corridor on NH 116A in West Bengal, under the Bharatmala Pariyojana. This project, executed in association with Kaius Consulting Private Limited, covers the stretch from before the Mayurakshi Bridge Approach to Moregram. The contract spans a 24-month construction period followed by a 24-month defect liability period.
The second order, also in partnership with Kaius Consulting Private Limited, involves Supervision Consultancy during Operation and Maintenance (O&M) for the Obedullganj-Itarsi section of NH-46 in Madhya Pradesh. This contract, valued at Rs 6,37,20,000 (including GST), is for 60 months. Both Letters of Award and Acceptance were issued by NHAI on February 25, 2025, and received by Dhruv Consultancy Services Limited on February 26, 2025, marking a substantial expansion of the company's project portfolio with NHAI.
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About the Company
Dhruv Consultancy Services Ltd, founded in 2003, is an infrastructure project management consultancy firm offering a wide range of services across various sectors. Their expertise includes highway design, project management, and quality control for projects involving highways, bridges, tunnels, buildings, environmental aspects and ports. They assist with all phases of a project, from pre-tender services like feasibility studies and contract preparation to post-tender services like construction supervision and safety audits. Additionally, they provide advisory services for lenders, financial planning, technical and legal advice, and bridge inspections. Their impressive client list includes government ministries, highway authorities, and smart city development missions.
The company had a market cap of over Rs 170 crore and its current order book stands at Rs 558 crore as of December 31, 2024. The stock is up by 7 per cent from its 52-week low of Rs 84.70 per share and gave multibagger returns of 250 per cent in 5 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.