Dhruv Consultancy wins ₹8.01 crore NHAI order
Dhruv Consultancy Services Limited secured an order from NHAI valued at Rs. 8.01 crore for consultancy services on a 6-lane elevated corridor project in Maharashtra. The joint venture project has a duration of 96 months.
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Dhruv Consultancy Services Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for consultancy services. The contract, valued at ₹8.01 crore excluding GST, was awarded on May 21, 2026, and received by the company on May 22, 2026. The appointment was made under a joint bidding agreement with Yongma Engineering Co. Ltd and Innovative Engineering Advisory LLP.
The project entails providing consultancy services for the Authority Engineer for the construction of a 6-lane elevated corridor. This corridor will span from KM 612+582 to KM 617+540, including the construction of service roads in Kolhapur city on NH48 in Maharashtra. The work will be executed on an EPC mode under NH (O).
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. The total duration of the project is set at 96 months. The order was awarded by a domestic entity and does not involve any related party transactions.
Project Details
| Particulars | Details |
|---|---|
| Client | National Highways Authority of India (NHAI) |
| Contract Value | ₹8.01 crore (excluding GST) |
| Project Duration | 96 months |
| Nature of Contract | Consultancy services for Authority Engineer |
| Location | Kolhapur, Maharashtra |
The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the order. The transaction is not classified as a related party transaction.
Historical Stock Returns for Dhruv Consultancy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.18% | +0.44% | -7.55% | -42.60% | -60.40% | -65.05% |
How might Dhruv Consultancy's partnership with Yongma Engineering Co. Ltd position the company for future international joint ventures in India's highway infrastructure sector?
Given the 96-month project duration, what impact could this long-term NHAI contract have on Dhruv Consultancy's revenue visibility and order book growth over the next few fiscal years?
With NHAI accelerating elevated corridor projects in urban areas, how likely is Dhruv Consultancy to secure additional Authority Engineer consultancy contracts in Maharashtra and other states?
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