Dhara Rail Projects Limited

Dhara Rail Projects Limited (DHARARAIL) is a micro-cap Services company valued at ₹204 crore operating in Diversified Commercial Services on the NSE and BSE.

Recent price move

Dhara Rail Projects Limited last traded at ₹135, unchanged on the day.

Recent developments

On 2026-03-31, the company reported its latest financial results, showing continued growth in both revenue and net profit. Promoter holding increased by 2.20 percentage points to 74.56%, while foreign institutional holding fell by 1.35 percentage points to 1.13%.

Financial performance

The company's business is improving, with annual revenue rising 29.0% and net profit surging 157.3%. The latest quarter saw revenue grow 3.7% year-over-year, while net profit jumped 166.7% compared to the same quarter a year earlier. The net profit margin expanded 13.6 percentage points to 27.2%, and return on equity remained stable at 21.0%.

Valuation multiples

The stock trades at 13.2 times earnings, a discount to the Services median of 16.3, 2.93 times book value.

Things to watch

The company's stock is 18.7% below its 52-week high. It has not paid any dividends despite reporting repeated profits. Promoter holding, though rising, remains concentrated at 74.56%.

Where it stands

Dhara Rail Projects Ltd has delivered strong growth in revenue and net profit over the past year and quarter, with margins expanding significantly. The company's promoter holding increased in the latest quarter, but the stock remains below its 52-week high. The most recent figure is the latest quarter net profit of ₹8 crore.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.