{"id":24150,"date":"2024-02-16T15:33:09","date_gmt":"2024-02-16T10:03:09","guid":{"rendered":"https:\/\/thedeccanmessenger.com\/index.php\/2024\/02\/16\/dhruv-consultancy-reported-an-astonishing-94-33-surge-in-ebitda-for-q3-fy24\/"},"modified":"2024-02-16T15:33:09","modified_gmt":"2024-02-16T10:03:09","slug":"dhruv-consultancy-reported-an-astonishing-94-33-surge-in-ebitda-for-q3-fy24","status":"publish","type":"post","link":"https:\/\/thedeccanmessenger.com\/index.php\/2024\/02\/16\/dhruv-consultancy-reported-an-astonishing-94-33-surge-in-ebitda-for-q3-fy24\/","title":{"rendered":"Dhruv Consultancy Reported an Astonishing 94.33% Surge in EBITDA for Q3 FY24"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], February 16:<\/strong> Dhruv Consultancy Services Ltd.\u00a0(BSE \u2013 541302: NSE \u2013 DHRUV),\u00a0one of the leading infrastructure consultancy companies in India,\u00a0reported an unaudited\u00a0Financial Results for the Q3\u00a0& 9MFY24.<\/p>\n

Key\u00a0Financial\u00a0Highlights:<\/strong><\/p>\n

Q3\u00a0FY24<\/strong><\/p>\n

\u2022\u00a0Total Income of\u00a0\u20b9\u00a022.85 Cr, YoY growth of 2.01%<\/p>\n

\u2022\u00a0EBITDA of\u00a0\u20b9\u00a04.97 Cr, YoY growth of 94.33%<\/p>\n

\u2022\u00a0EBITDA Margin of 21.73%, YoY growth of 1033 Bps<\/p>\n

\u2022\u00a0Net Profit of\u00a0\u20b9\u00a02.71 Cr, YoY growth of 48.46%<\/p>\n

\u2022\u00a0NPM (%) of 11.86%, YoY growth of 371 Bps<\/p>\n

\u2022\u00a0EPS Basic of\u00a0\u20b9\u00a01.79, YoY growth of 47.93%<\/p>\n

9M FY24<\/strong><\/p>\n

\u00a0\u2022\u00a0Total Income of\u00a0\u20b9\u00a057.41 Cr, YoY growth of -5.18%<\/p>\n

\u2022\u00a0EBITDA of\u00a0\u20b9\u00a011.96 Cr, YoY growth of 42.09%<\/p>\n

\u2022\u00a0EBITDA Margin of 20.84%, YoY growth of 693 Bps<\/p>\n

\u2022\u00a0Net Profit of\u00a0\u20b9\u00a05.48 Cr, YoY growth of 15.93%<\/p>\n

\u2022\u00a0NPM (%) of 9.55%, YoY growth of 174 Bps<\/p>\n

\u2022\u00a0EPS Basic of\u00a0\u20b9\u00a03.61, YoY growth of 15.34%<\/p>\n

Speaking on the occasion\u00a0Mrs. Tanvi Dandawate Auti, Managing Director\u00a0of Dhruv Consultancy Services Ltd.\u00a0Said\u00a0\u201cOur robust financial performance, including a 94.33% surge in EBITDA to\u00a0\u20b94.97 Crores, reflects our commitment to quality services and our expanding presence in high-margin projects. As we contribute proudly to the country\u2019s infrastructure development, our focus on profitability expansion remains unwavering.<\/p>\n

Simultaneously, we are strategically increasing our market share domestically and leveraging our extensive experience to enter international markets. With a solid order book exceeding\u00a0\u20b9350 crores, we not only ensure future earnings visibility but also affirm our position as a leading consultancy player, laying a strong foundation for future growth.<\/p>\n

These financial achievements not only attest to our resilience and strategic prowess but also validate the dedication of our entire team. Commendations to each member for their hard work and contributions to these exceptional outcomes. We eagerly anticipate continued success and growth in the upcoming quarters.\u201d<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
Highlights for Q3 FY24 (October 2023 \u2013 December 2023)<\/strong><\/td>\n<\/tr>\n
\u201cLetter of Award (\u201cLOA\u201d) for Consultancy Services towards Independent Engineer Services for the work in the State of Jharkhand on HAM Mode.<\/td>\n\u2022\u00a0Independent Engineer Services for 4-Laning of NH-39 (old NH-75) from design Km 147.540\u00a0(existing\u00a0km 148.020) (Bhogu Village) to design \u2013 196.870\u00a0(existing\u00a0km97.4200)\u00a0(sankha\u00a0Garhwa Road) in the State of Jharkhand on HAM mode \u2022\u00a0The contract price for the said Project \u2013\u00a0\u20b95.26 Cr.<\/td>\n<\/tr>\n
\u201cLetter of Award (\u201cLOA\u201d) for Consultancy Services towards Independent Engineer Services for the work in the State of Telangana on DBFOT Mode.<\/td>\n\u2022\u00a0Independent Engineer Services for 4-Laning of Hyderabad-Yadgiri section of NH-163 from Km.18+600 to Km.54+000 in the State of Telangana under NHDP Phase III on Design, Build, Finance, Operate and Transfer (DBFOT) mode. \u2022\u00a0The contract price for the said Project \u2013\u00a0\u20b94.50 Cr.<\/td>\n<\/tr>\n
\u201cLetter of Acceptance (\u201cLOA\u201d) for Consultancy Services towards Authority\u2019s Engineer Services for the work in the State of Uttar Pradesh on EPC Mode.<\/td>\n\u2022\u00a0Consultancy Services for Authority Engineer for supervision of \u201cconstruction of one Flyover at Km 2+735 and one Major Bridge at Km 31+260 on NH-730 in the State of Uttar Pradesh under EPC mode \u2022\u00a0The contract price for the said Project \u2013\u00a0\u20b91.36 Cr.<\/td>\n<\/tr>\n
\u201cLetter of Award (\u201cLOA\u201d) for Consultancy Services towards Independent Engineer Services for the work in the State of Andhra Pradesh.<\/td>\n\u2022\u00a0Independent Engineer Services for 4-Laning of NH-716 from Kadapa (Junction with Kadapa Bypass Road) (Design Km 0.000\/ Existing Km 260.652 of NH 716) to Chinnaorampadu (Design Km 196.125) (Design length 64.200 km) (Package \u2013 1) under Bharatmala Pariyojana in the State of Andhra Pradesh under HAM mode. \u2022\u00a0The contract price for the said Project \u2013\u00a0\u20b95.40 Cr.<\/td>\n<\/tr>\n
\u201cLetter of Award (\u201cLOA\u201d) for Consultancy Services towards Authority Engineer Services for the work in the State of Uttar Pradesh.<\/td>\n\u2022\u00a0Authority Engineer Services for Development of Six Lane greenfield Ring Road (Package-l) starts from Design Ch. 0+000 to Design Ch. 23+325 (Length = 23.325 kms) around Kanpur City & Development of Six Lane greenfield Ring Road (Package-IV) starts from Design Ch. 68+650 to Design Ch. 934209 (Length = 24.559 kms) around Kanpur City in the state of Uttar Pradesh on EPC mode. \u2022\u00a0The contract price for the said Project \u2013\u00a0\u20b911.15 Cr.<\/td>\n<\/tr>\n
\u201cLetter of Award (\u201cLOA\u201d) for Consultancy Services towards\u00a0Independent Engineer Services for the work in the State of Gujarat.<\/td>\n\u2022\u00a0Independent Engineer Services for Upgradation to Six Lane of Existing Four lane Samakhiyali to Santalpur\u00a0Section from Km. 339+200 to Km. 4304100 on National Highway No. 27 in the state of Gujarat on Design, Built, Finance & Transfer, BOT (Toll) Mode. \u2022\u00a0The contract price for the said Project \u2013\u00a0\u20b95.49 Cr.<\/td>\n<\/tr>\n
Substantial Acquisition of Shares and Takeovers<\/td>\n\u2022\u00a0Jayashri P Dandawate (Promoter & Director) acquire 4,750 Equity Shares of Dhruv Consultancy Services Limited during Q3 FY24<\/td>\n<\/tr>\n
Shortlisted as Consultant for pre-feasibility, feasibility study, and preparation of Detailed Project Report of West Urban Corridor Development Projects in Nepal.<\/td>\n\u2022\u00a0Shortlisted to submit the Request for Proposal (RFP) for providing consultancy services for pre-feasibility, feasibility study, and preparation of detailed project report of West Urban Corridor Development Projects in Nepal<\/td>\n<\/tr>\n
\u201cIssuance of LOA\u201d \u2013 Independent Engineer services during Operation & Maintenance for a Period for 2 laning for the Project in the State of Bihar on DBOT Annuity mode.<\/td>\n\u2022\u00a0Independent Engineer services during Operation & Maintenance Period for 2 laning of Khagaria \u2013 Purnea Section of NH \u2013 31 from Km. 270.00 to Km. 410.00 in the state of Bihar under NHDP III on Design, Built, Finance, Operate and Transfer (DBOT) Annuity mode. \u2022\u00a0The contract price for the said Project \u2013\u00a0\u20b95.57 Cr.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>
Highlights for Q3 FY24<\/strong><\/figcaption><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], February 16: Dhruv Consultancy Services Ltd.\u00a0(BSE \u2013 541302: NSE \u2013 DHRUV),\u00a0one of the leading infrastructure consultancy companies in India,\u00a0reported an unaudited\u00a0Financial Results for the Q3\u00a0& 9MFY24. Key\u00a0Financial\u00a0Highlights: […]<\/p>\n","protected":false},"author":1,"featured_media":24151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[648],"class_list":["post-24150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","_links":{"self":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts\/24150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/comments?post=24150"}],"version-history":[{"count":0,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts\/24150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/media\/24151"}],"wp:attachment":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/media?parent=24150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/categories?post=24150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/tags?post=24150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}