Dhruv Consultancy wins ₹19.34 crore railway project

0 min read     Updated on 11 Jun 2026, 02:42 AM
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Dhruv Consultancy Services Limited and M/s Arkitechno Consultants India Private Limited received a Letter of Acceptance from South East Central Railway for project management services. The contract is for the construction of a new railway BG electrified line between Rowghat and Jagdalpur (140 km). Valued at ₹19.34 crore inclusive of GST, the project has a duration of 36 months.

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Dhruv Consultancy Services Limited has secured a Letter of Acceptance (LOA) for a railway project management contract valued at ₹19.34 crore from South East Central Railway. The appointment as Authority Engineer involves providing project management services for the construction of a new railway BG electrified line between Rowghat and Jagdalpur, spanning 140 km. This contract, awarded under a joint bidding agreement with M/s Arkitechno Consultants India Private Limited, was received on June 10, 2026, and is inclusive of GST.

Contract and Project Details

The project is a domestic engagement with a stipulated execution period of 36 months. The company is required to furnish the performance security deposit within 15 days of the LOA issuance and complete the contract agreement as per the bid document.

Parameter Details
Contract Value ₹19.34 crore
Project Duration 36 months
Entity Awarding Order South East Central Railway
Nature of Contract Project management services for railway line construction

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Dhruv Consultancy

1 Day5 Days1 Month6 Months1 Year5 Years
+2.06%-1.50%-5.83%-40.70%-59.39%-64.33%

How will this contract impact Dhruv Consultancy Services' revenue and order book for the current fiscal year?

What are the potential challenges in executing the project within the 36-month timeline, given the terrain and logistics of the region?

Could this contract pave the way for similar opportunities in other railway projects across India?

Dhruv Consultancy wins Rs 8.33 crore MPRDC contract

1 min read     Updated on 06 Jun 2026, 10:29 AM
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Dhruv Consultancy Services Limited has received a Letter of Acceptance from Madhya Pradesh Road Development Corporation Limited for a consultancy contract worth ₹8.33 crore. The project involves Independent Engineer services for the Ujjain Jaora Access Controlled Greenfield Highway on a Hybrid Annuity Mode, with a duration of 48 months.

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Dhruv Consultancy Services Limited has secured a Letter of Acceptance (LOA) from Madhya Pradesh Road Development Corporation Limited (MPRDC) for a consultancy services contract worth ₹8.33 crore. The appointment is for the role of Independent Engineer for the Ujjain Jaora Access Controlled Greenfield Highway in Madhya Pradesh, operating on a Hybrid Annuity Mode. The LOA, numbered 691(2)/MPRD/Procu/2026, was issued on June 5, 2026, under Tender ID 2026_MPRDC_476427_1.

The contract was awarded to a joint venture comprising Dhruv Consultancy Services Limited, Intercontinental Consultants and Technocrats Private Limited, and MVK Infrabuild Private Limited. The total consideration for the project is ₹8,33,79,753, inclusive of all taxes except GST. The company is required to furnish a performance security deposit within 15 days of the LOA issuance and complete the contract agreement as per the bid document.

Project Details

The project scope involves providing consultancy services for the highway development. The duration of the project is set at 48 months, which includes 24 months for construction and an additional 24 months for the Defect Liability Period (DPL). The order has been awarded by a domestic entity and falls under general contract conditions.

Particulars Details
Client Madhya Pradesh Road Development Corporation Limited (MPRDC)
Nature of Order Consultancy services for Independent Engineer for Ujjain Jaora Access Controlled Greenfield Highway on Hybrid Annuity Mode
Contract Value ₹8,33,79,753 (inclusive of all taxes except GST)
Project Duration 48 months (24 months construction + 24 months DPL)
Tender ID 2026_MPRDC_476427_1

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the contract, and the transaction does not constitute a related party transaction.

Historical Stock Returns for Dhruv Consultancy

1 Day5 Days1 Month6 Months1 Year5 Years
+2.06%-1.50%-5.83%-40.70%-59.39%-64.33%

How will this order impact Dhruv Consultancy Services' revenue and order book for the current fiscal year?

What are the potential challenges the joint venture might face during the 24-month construction phase?

Could this project lead to further opportunities for Dhruv Consultancy in Madhya Pradesh's infrastructure sector?

More News on Dhruv Consultancy

1 Year Returns:-59.39%