Dhruv Consultancy Services earnings calls.

Dhruv Consultancy Services reported a weak Q1 FY27 with revenue of Rs 15.55Current reported value: 15.55. No comparable prior figure is available in the source record. crore (total income Rs 15.9 crore) and an operating loss of approximately Rs 3 crore, representing a significant decline from Q4 FY26's Rs 8 crore revenue. The loss was attributed to revenue recognition timing (Q1/Q2 typically see 30-40% of annual revenue) and a one-time estimate correction of Rs 30-35 crore (less than 5% of order book) following NHAI policy changes on Network Survey Vehicle scope. The company secured Rs 90 crCurrent Rs 90 Cr. Reported change: vs Rs 100 Cr full-year FY26.ore in orders during Q1 (including a record Rs 40.92 crore OBCC assignment) and has an unexecuted order book of Rs 300 crCurrent Rs 300 Cr. Reported change: 3-year executable pipeline.ore executable over 3 years, with additional orders of Rs 60-65 crore in Q2 already. The company ranked 9th among 100 NHAI consultants, providing technical score advantages. Management expects profitability improvement as new projects commence billing in Q3-Q4, with wayside amenities contributing from February 2027. Key risks include execution scale dependency given high fixed cost structure (Rs 15 crore quarterly run-rate for project management and employee costs alone) and extended receivable cycles of 60-90 daysCurrent 60-90 Days. Reported change: Stable..