Dhruv Consultancy Services Secures Rs 1.63 Crore Airport Consultancy Contract, Expands into Aviation Sector

Dhruv Consultancy Services Limited has announced a significant milestone in its business expansion, marking its entry into the airport consultancy segment. The company has been appointed as a consultant by Maharashtra Airport Development Company Ltd (MADC) for a project involving the construction of link taxiways at MIHAN, Nagpur.

Contract Details

The contract, valued at Rs 1.63 crore (excluding GST), involves providing consultancy services for two major components:

Construction of a link taxiway approximately 1400m long, connecting the existing MIHAN Taxiway to a 3 Lane Road at sector-10 within the processing Special Economic Zone (SEZ).
Construction of another link taxiway approximately 550m long, connecting the existing MIHAN Taxiway to Relocated Indian Air Force (IAF) Land for Airport Operations.

Financial Terms

The consideration for the project is structured in two parts:

Component	Amount
Part A	Rs 50.10 lakh
Part C	1.01% of the estimated or awarded work cost, whichever is lower

Project Duration

The contract spans a period of 20 months, as per the company's disclosure to the stock exchanges.

Strategic Significance

This appointment is particularly noteworthy as it represents Dhruv Consultancy Services' first venture into the airport consultancy segment. The company, which has primarily focused on highways and infrastructure projects, is now expanding its domain expertise into aviation-related consultancy.

Tanvi T Auti, Managing Director of Dhruv Consultancy Services Limited, signed the regulatory filing, underlining the strategic importance of this contract for the company's growth and diversification efforts.

Market Impact

The expansion into airport consultancy opens up new avenues for growth for Dhruv Consultancy Services. It demonstrates the company's ability to leverage its existing expertise in infrastructure consulting to enter adjacent sectors, potentially leading to a more diversified project portfolio and revenue streams in the future.

Investors and market analysts will likely be watching closely to see how this new venture impacts the company's financial performance and market position in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.25%	+4.00%	-2.21%	-21.51%	-52.79%	-35.32%

Dhruv Consultancy Services Limited (DCSL) has achieved a significant milestone in its business operations, securing a pivotal role as a consultant for Maharashtra State Infrastructure Development Corporation (MSIDC) road projects. This development marks a substantial expansion of the company's project portfolio and potential revenue streams.

Key Highlights of the Appointment

Empanelment Category: DCSL has been empaneled under the "A category" as a Consultant for the preparation of Detailed Project Reports (DPR) for MSIDC road projects.
Project Value: The empanelment enables DCSL to bid for projects valued at over ₹36,000 crore.
Duration: The empanelment is valid for a period of three years.
Existing Relationship: DCSL is already serving as a Project Management Consultant (PMC) for MSIDC on 11 packages.

Implications for Dhruv Consultancy Services

This appointment significantly enhances DCSL's market position in the infrastructure consulting sector. The company's ability to bid for high-value projects worth over ₹36,000 crore demonstrates its growing capabilities and the trust placed in its expertise by state-level infrastructure development corporations.

Financial Performance Context

The news of this appointment comes on the heels of DCSL's recent financial results for the first quarter. The company reported:

Particulars (in Lakhs)	Q1 FY2026 (Unaudited)	Q1 FY2025 (Unaudited)	YoY Change
Income from Operations	2,103.63	1,969.90	6.79%
Total Revenue	2,140.06	2,001.53	6.92%
Net Profit	159.67	87.52	82.44%
EPS (Basic & Diluted)	0.84	0.55	52.73%

The substantial year-over-year increase in net profit and earnings per share indicates that DCSL was already on a growth trajectory before securing this new consultancy role.

Management's Strategic Moves

The company's board has also made several key decisions in its recent meeting:

Re-appointment of Mrs. Jayashree P. Dandawate as Executive Director for three years.
Increase in remuneration for Mrs. Tanvi Auti, Managing Director, from ₹4 lakh to ₹5 lakh per month.
Adoption of an amended Memorandum of Association to expand the company's scope of activities.

These decisions, coupled with the new MSIDC appointment, suggest that DCSL is positioning itself for significant growth and expansion in the infrastructure consulting sector.

The empanelment as a consultant for MSIDC road projects represents a major opportunity for Dhruv Consultancy Services Limited to strengthen its market presence and potentially boost its financial performance in the coming years.