Dhruv Consultancy Services Reports ₹40.80 Crore Revenue in H1 FY26, Secures Key Empanelments
Dhruv Consultancy Services Limited (DCSL) announced unaudited financial results for H1 FY26, reporting a total income of ₹40.80 crore from core consultancy operations. Q2 FY26 revenue was ₹19.40 crore with a PAT of ₹1.01 crore. The company secured key empanelments with PWD as an ATCC Class-I Consultant and with MSIDC under 'A' Category for DPR preparation, expanding its eligibility for large-scale infrastructure projects. Management expressed satisfaction with performance, citing operational excellence and digital integration as growth drivers.

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Dhruv Consultancy Services Limited (DCSL), a leading infrastructure consultancy company in India, has announced its unaudited financial results for the second quarter and first half of the fiscal year 2026. The company reported a total income of ₹40.80 crore from its core consultancy operations in H1 FY26, demonstrating its continued growth in the infrastructure sector.
Financial Highlights
DCSL's financial performance for Q2 and H1 FY26 is summarized in the following table:
| Particulars (₹ Cr) | Q2 FY26 | H1 FY26 |
|---|---|---|
| Revenue | 19.40 | 40.80 |
| EBITDA | 2.13 | 5.70 |
| EBITDA Margin (%) | 10.95 | 13.98 |
| PAT | 1.01 | 2.60 |
| PAT Margin (%) | 5.19 | 6.38 |
| Diluted EPS (₹) | 0.51 | 1.33 |
The company's performance reflects a robust project pipeline, efficient execution, and sustained demand in both domestic and international markets.
Key Operational Developments
DCSL has secured significant empanelments that are expected to enhance its market position and growth prospects:
Public Works Department (PWD) Empanelment: DCSL has been empanelled as an ATCC Class-I Consultant by the PWD for traffic census and classification-related consultancy services. This empanelment is valid for three years.
Maharashtra State Infrastructure Development Corporation (MSIDC) Empanelment: The company has been empanelled under the 'A' Category as a Consultant for DPR (Detailed Project Report) preparation for road projects of MSIDC. This empanelment enables DCSL to bid for projects worth over ₹36,000 crore and is valid for three years. It complements the company's existing role as PMC (Project Management Consultant) for 11 MSIDC packages.
These empanelments significantly expand DCSL's eligibility to bid for large-scale infrastructure projects, potentially increasing its addressable market and long-term growth visibility.
Management Commentary
Mrs. Tanvi Dandawate Auti, Managing Director of DCSL, expressed satisfaction with the company's performance, stating, "We are pleased to report a total income of ₹40.80 crore in H1 FY26 across our core consultancy operations." She emphasized the company's strategic focus on operational excellence, digital integration, and timely delivery as key drivers of consistent performance.
Mrs. Auti also highlighted the significance of the recent empanelments, noting that they enhance the company's ability to participate in large-scale infrastructure projects. She expressed confidence in sustaining growth and delivering long-term value to stakeholders, citing an expanding order pipeline and strengthened institutional relationships.
As Dhruv Consultancy Services continues to strengthen its position in the infrastructure consultancy sector, investors and market watchers may keep a close eye on the company's ability to capitalize on these new opportunities and maintain its growth trajectory in the coming quarters.
Historical Stock Returns for Dhruv Consultancy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.07% | +2.68% | +0.30% | -24.44% | -53.63% | -35.64% |



































