Dhruv Consultancy Reports Impressive 53 Percent Surge In H1 FY25 Revenue

Mumbai (Maharashtra) [India], November 13: Dhruv Consultancy Services Ltd. (BSE – 541302: NSE – DHRUV), one of the leading infrastructure consultancy companies in India, reported an unaudited financial result for the Q2 & H1 FY25. Key Financial Highlights (Standalone): Q2 FY25 Total Revenue of ₹ 32.92 Cr, YoY growth 42.88% EBITDA of ₹ 3.95 Cr EBITDA Margin of 12.00% [...]

Thu, 14 Nov 2024 01:12 PM (IST)
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Dhruv Consultancy Reports Impressive 53 Percent Surge In H1 FY25 Revenue
Dhruv Consultancy Reports Impressive 53 Percent Surge In H1 FY25 Revenue

Mumbai (Maharashtra) [India], November 13: Dhruv Consultancy Services Ltd. (BSE – 541302: NSE – DHRUV), one of the leading infrastructure consultancy companies in India, reported an unaudited financial result for the Q2 & H1 FY25.

Key Financial Highlights (Standalone):

Q2 FY25

  • Total Revenue of ₹ 32.92 Cr, YoY growth 42.88%
  • EBITDA of ₹ 3.95 Cr
  • EBITDA Margin of 12.00%
  • Net Profit of ₹ 1.89 Cr
  • Net Profit Margin of 5.73%
  • Diluted EPS of ₹ 1.17

H1 FY25

  • Total Revenue of ₹ 52.93 Cr, YoY growth 53.19%
  • EBITDA of ₹ 6.77 Cr
  • EBITDA Margin of 12.79%
  • Net Profit of ₹ 2.76 Cr
  • Net Profit Margin of 5.22%
  • Diluted EPS of ₹ 1.72

Speaking on the financial performance, Mrs. Tanvi Dandawate Auti, Managing Director of Dhruv Consultancy Services Limited Said, “We are experiencing strong revenue momentum, fuelled by a robust order book. For H1 FY25, our revenue reflected an impressive 53% year-on-year growth. Although initial mobilisation expenses for new projects have influenced profitability, we anticipate these impacts to stabilize over FY25 as we drive operational efficiencies that will enhance our bottom line. We are pleased to announce an interim dividend of ₹ 0.10 per equity share for FY24-25. Additionally, we have granted 4,66,600 Employee Stock Options at an exercise price of ₹ 72 per share, reflecting our dedication to fostering a culture of ownership and empowering our team to share in our success.

We successfully completed a preferential allotment of 30,77,800 equity shares at ₹ 108 per share, raising ₹ 33.24 Cr. Our recent contract wins underscore our expertise in critical infrastructure projects. These include a ₹ 5.7 Cr contract from the Gujarat State Road Development Corporation Limited for consultancy services. In a milestone achievement, we secured our first international contract in Mozambique, valued at $500,000. This marks our entry into the global arena and is a key step in our strategy to expand our footprint, starting with opportunities in Africa. As of September 2024, our order book stands at ₹ 666.90 Cr, with ₹ 301.30 Cr worth of unexecuted order book.

We are excited about the road ahead and are committed to creating long-term value for our stakeholders through operational excellence and strategic growth initiatives.”

Key Q2 FY25 Highlights
Preferential Allotment
  • Company has announced the allotment of 30,77,800 equity shares at ₹108 per share on a preferential basis. The Preferential Allotment amounts to ₹ 33.24 Cr.
Various Contracts
  • Secured contract of High-Speed Corridor Project in Gujarat from GSRDCL worth of ₹ 5.7 Cr for 48 months.
  • Secured NHAI Contract for Aligarh-Palwal Highway Four-Lanning Project with M/s Global Infra Solutions and Civisor Ingenieria and Infra Services Pvt Ltd for ₹ 4.74 Cr.
International Order
  • Company received their 1st International order in Mozambique worth of $5 Lakhs dollars.

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Dinesh Kumar News Writer