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Dhara Rail Projects Overview

Dhara Rail Projects Ltd is an Indian company incorporated in 2010 and is an ISO 9001:2015 certified provider of specialised services to the railway sector. The company focuses on executing contractual railway projects and delivering maintenance, repair, supply, installation, testing and commissioning services for electrical and mechanical systems used in railway rolling stock and infrastructure. Its core operations include annual maintenance contracts and repair services for train lighting systems, overhead equipment maintenance vehicles, power...Read More

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Dhara Rail Projects Key Financials

Market Cap ₹199 Cr.

Stock P/E 30.6

P/B 2.7

Current Price ₹132.3

Book Value ₹ 49.1

Face Value 10

52W High ₹157.5

Dividend Yield 0%

52W Low ₹ 90.1

Dhara Rail Projects Share Price

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Volume
Price

Dhara Rail Projects Quarterly Price

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Dhara Rail Projects Peer Comparison

Dhara Rail Projects Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Dhara Rail Projects Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 27 31 44
Other Income 1 3 4
Total Income 27 34 48
Total Expenditure 26 30 39
Operating Profit 2 4 9
Interest 0 0 0
Depreciation 0 0 0
Exceptional Income / Expenses 0 0 0
Profit Before Tax 1 4 9
Provision for Tax 0 1 2
Profit After Tax 1 3 7
Adjustments 0 0 0
Profit After Adjustments 1 3 7
Adjusted Earnings Per Share 1 2.7 5.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 42% 0% 0% 0%
Operating Profit CAGR 125% 0% 0% 0%
PAT CAGR 133% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 68% 53% 53% 53%
ROCE Average 25% 15% 15% 15%

Dhara Rail Projects Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3 6 13
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 0 0 0
Total Current Liabilities 30 41 33
Total Liabilities 34 47 46
Fixed Assets 0 0 0
Other Non-Current Assets 14 26 14
Total Current Assets 20 21 32
Total Assets 34 47 46

Dhara Rail Projects Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 3 1
Cash Flow from Operating Activities -2 -2 -5
Cash Flow from Investing Activities -2 -6 17
Cash Flow from Financing Activities 6 5 -7
Net Cash Inflow / Outflow 3 -2 5
Closing Cash & Cash Equivalent 3 1 5

Dhara Rail Projects Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.96 2.67 5.88
CEPS(Rs) 1 2.71 5.92
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 3.05 5.73 11.61
Core EBITDA Margin(%) 2.8 4.23 11.88
EBIT Margin(%) 5.61 12.87 19.68
Pre Tax Margin(%) 5.55 12.62 19.24
PAT Margin (%) 4 9.43 14.67
Cash Profit Margin (%) 4.17 9.56 14.77
ROA(%) 3.14 7.32 13.99
ROE(%) 31.39 60.89 67.84
ROCE(%) 5.71 13.36 25.48
Receivable days 65.14 61.6 110.17
Inventory Days 14.3 58.96 46.15
Payable days 153.43 188.47 158.91
PER(x) 0 0 0
Price/Book(x) 0 0 0
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.75 0.88 0.36
EV/Core EBITDA(x) 12.91 6.74 1.84
Net Sales Growth(%) 0 18.3 41.36
EBIT Growth(%) 0 171.42 116.13
PAT Growth(%) 0 178.88 119.95
EPS Growth(%) 0 178.88 119.95
Debt/Equity(x) 6.71 4.43 1.66
Current Ratio(x) 0.65 0.51 0.98
Quick Ratio(x) 0.62 0.29 0.92
Interest Cover(x) 91.01 49.89 44.2
Total Debt/Mcap(x) 0 0 0

Dhara Rail Projects Shareholding Pattern

# Mar 2026
Promoter 74.56
FII 1.13
DII 7.88
Public 16.43
Others 0
Total 100

Dhara Rail Projects News

Dhara Rail Projects Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 53%
  • Debtor days have improved from 188.47 to 158.91days.

Cons

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