Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Aug - Newspaper Publication w.r.t. AGM Notice and E-voting particulars
Source: Bse
Dhruv Consultancy Services Limited (DHRUV)
Small CapServices stocks · Small cap · NSE
Dhruv Consultancy Services Limited operates in Infrastructure Consultancy, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹20.95
+0.73 · +3.61%
Market cap ₹36.5 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result12 Aug, 03:09 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
37BearishSMA20 -9.0% / mo · MACD + · near 52W low
Stock trend: 37
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
DHRUVD candles · FIT view-40.4%Latest close ₹20.95 on 2026-10-19
Bar
-4.7%
RSI
47
MACD hist
0.13
52W pos
6%
2026-10-19O ₹21.98H ₹22.23L ₹20.50C ₹20.95Vol 3,521 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
DHRUVNifty 500
- DHRUV
- -19.3%
- Nifty 500
- -5.6%
- Vs Nifty 500
- -13.7 pp
Chart stats
19 Oct 2026- From 52W high
- -63.2%
- 52W range position
- 6%
- ATR (14)
- 8.4%
- Volume vs 20D
- 0.38x
- Avg traded value
- ₹0 Cr
- 20D price channel
- ₹18.8 - ₹25
₹57
₹18.8 - ₹57
₹1.8
Latest completed session
20-session average
59.4% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · OVERVALUED7
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -26.1% · PAT -397.5% YoY
Technical
Bearish37
Price trend and sector-relative-strength timing.
Valuation
Legacy model—
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence45
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -26% YoY · PAT -398% YoY · margin compression · +87% QoQ
Filed 12 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹15.6 Cr | -26.1% | +86.9% |
| EBITDA | ₹-3.6 Cr | -212.8% | +58.4% |
| Operating margin | -23.3% | -3854 bps | +8129 bps |
| PAT | ₹-4.8 Cr | -397.5% | NDF |
| PAT margin | -30.6% | -3821 bps | -2977 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- —
- P/B
- 0.51
- EV/EBITDA
- —
- Market Cap
- 36.50Cr
Profitability
- ROE
- -32.50%
- ROCE
- -32.60%
- ROA
- -29.41%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -13.00%
- EPS 5Y
- -13.00%
- Revenue 3Y
- -19.00%
- EPS 3Y
- -31.00%
Balance Sheet
- Debt/Equity
- 0.32
- Interest Coverage
- -20.00×
- Altman Z
- 0.51
- Book Value
- 38.10
Cash Flow
- FCF Yield
- 2.74%
- FCF Positive Y
- 1/5
- OCF
- -3.00 Cr
- EPS TTM
- -18.37
Shareholding
- Promoter Hold
- 49.44%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 2%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 15.6+86.9% vs prev
Net Profit
₹ CrLatest: -4.8-6700.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 47.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~9.9% over last month) — short-term momentum negative.
- RSI(14) at 47 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 63% off 52W high · 12% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
4
RS percentile
Stage 4 Downtrend
1M return
-2.1%
3M return
-19.3%
6M return
-43.0%
1Y return
-59.1%
RS 1D
+1
RS 20D
+1
Sector rank
#12
Industry rank
-
Stage evidence
- Price is 23.1% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -3.9%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 40.41+4.69%
RS vs Nifty 50040
Valuation & peers
U-Score 7 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 7 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · OVERVALUEDValuation5/30
Growth2/25
Quality0/20
Balance Sheet5/15
Cash Flow2/10
Piotroski
2/9 (+0)
Penalties
-7
Raw sum
7
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
7/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 5/15 to the score.
- Cash flow contributes 2/10 to the score.
- Valuation contributes 5/30 to the score.
Main drags
- Altman Z is 0.5, in distress territory.
- Penalty bucket subtracts 7 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
—
PB
0.5
EV/EBITDA
—
ROE
-32.5%
ROCE
-32.6%
FCF Yield
2.7%
Debt/Equity
0.3
MoS
—
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
7
Previous: 7
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
—
No stored baseline yet
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
7
7
7
7
7
7
7
7
7
7
7
7
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
3.3
Growth-justified Value
—
— MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CADSYS
SME
Cadsys (India) Ltd.
Engineering Services
match 54
24
—
-35.9%
—
OVERVALUED
ENGINERSIN
Large
Engineers India Limited
Engineering Services
match 20
60
19.6
23.4%
+21%
UNDERVALUED
GTECJAINX
Small
G-TEC JAINX EDUCATION LIMITED
Education
match 19
10
—
-82.9%
—
OVERVALUED
KEEPLEARN
Small
DSJ Keep Learning Limited
Education
match 17
20
—
-14.6%
—
OVERVALUED
TREEHOUSE
Small
Tree House Education & Accessories Limited
Education
match 16
16
—
-5.4%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Dhruv Consultancy Services Limited operates in Infrastructure Consultancy, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
45Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 2nd percentile of the scored universe and 1st percentile within Services. Main check: results consistency is weak at 5/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
46 docs text-extracted · 30 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
2nd percentile
overall median 67 · Services: 1st pctile, median 66 · Small: 3rd pctile, median 66
Evidence depth
Financial-only
46 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
38
weak · profit to cash conversion
Balance sheet
55
watch · leverage and solvency
Discipline
40
weak · capital discipline
Results
5
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.4%.
Trust risks
- ▸Operating cash flow is negative at ₹-3 Cr.
- ▸Altman Z is 0.58.
- ▸4 latest quarters had PAT decline worse than 25% YoY.
- ▸Only 1 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Dhruv Consultancy Services Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 Aug - Earnings call intimation for Q1 of 2026-2027
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Jun - Dhruv Consultancy Services to hold a virtual group investor/analyst meeting on June 23, 2026 at 4:30 P.M.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun - Newspaper Publications w.r.t. Audited Financial Results
Source: Bse
Announcement
Board Meeting Outcome for Outcome Of Board Meeting 28 May - Board approved audited FY26 results; standalone loss ₹2,842.12 lakh, unmodified audit opinion, internal auditor reappointed for FY27.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Concall transcriptMar 2026
Mar 2026 · Transcript
Source: Bse
Annual reportMar 2026
Aug 2026 · Board Meeting Intimation for Considering AGM 18 Aug - Board meeting on August 24, 2026 to fix AGM date and adopt Annual Report 2026.
Source: Bse
Concall transcriptMar 2026
Mar 2026 · Transcript
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.