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DRA Consultants Ltd

DRA
BSE
18.00
0.00%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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DRA Consultants Ltd

DRA
BSE
18.00
0.00%
29 Apr '26, 4:00 PM
Company Overview
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6M
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Quick Ratios

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Mkt Cap
Market Capitalization
20Cr
Close
Close Price
18.00
Industry
Industry
Miscellaneous
PE
Price To Earnings
7.41
PS
Price To Sales
0.91
Revenue
Revenue
22Cr
Rev Gr TTM
Revenue Growth TTM
-0.27%
PAT Gr TTM
PAT Growth TTM
-3.26%
Peer Comparison
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DRA
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Quarterly Results

Standalone
Numbers
Percentage
QuarterMar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Revenue
RevenueCr
12510510787139129
Growth YoY
Revenue Growth YoY%
-17.1-39.8-15.2-10.75.647.1-22.6-2.059.032.4-3.13.7
Expenses
ExpensesCr
115848676117108
Operating Profit
Operating ProfitCr
002121112222
OPM
OPM%
2.45.620.412.819.419.814.618.016.918.518.218.1
Other Income
Other IncomeCr
100000101010
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
112121213232
Tax
TaxCr
001000001010
PAT
PATCr
101011112121
Growth YoY
PAT Growth YoY%
-61.4-74.8114.37.71.5171.4-28.5-18.480.659.7-4.0-2.0
NPM
NPM%
5.54.913.85.913.210.812.29.013.910.913.810.3
EPS
EPS
0.60.21.20.31.30.70.90.61.60.91.60.9

Profit & Loss

Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
101617192320151515202122
Growth
Revenue Growth%
59.84.29.221.2-9.5-25.9-0.1-0.630.59.31.6
Expenses
ExpensesCr
81314141818131312161818
Operating Profit
Operating ProfitCr
244442233344
OPM
OPM%
24.023.020.822.818.810.815.217.317.117.318.418.2
Other Income
Other IncomeCr
000001101111
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000011011111
PBT
PBTCr
234442222344
Tax
TaxCr
1111-11111111
PAT
PATCr
122352222233
Growth
PAT Growth%
57.86.025.572.3-66.7-2.32.35.037.213.1-0.8
NPM
NPM%
13.413.213.415.421.98.110.710.911.512.112.512.3
EPS
EPS
13,695.021,608.53.12.62.61.51.51.51.62.22.52.4

Balance Sheet

Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital
Equity CapitalCr
00111111111111111111
Reserves
ReservesCr
8104710121315171922
Current Liabilities
Current LiabilitiesCr
77647676443
Non Current Liabilities
Non Current LiabilitiesCr
00000000000
Total Liabilities
Total LiabilitiesCr
1517222228293132313436
Current Assets
Current AssetsCr
1310151418151415131517
Non Current Assets
Non Current AssetsCr
276810141717181919
Total Assets
Total AssetsCr
1517222228293132313436

Cash Flow

Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
3-22535-1222
Investing Cash Flow
Investing Cash FlowCr
-4-1-2-3-5-4-1-1-10
Financing Cash Flow
Financing Cash FlowCr
0200000000
Net Cash Flow
Net Cash FlowCr
-1002-21-1112
Free Cash Flow
Free Cash FlowCr
3-2153-2-1211
CFO To PAT
CFO To PAT%
152.1-71.074.5103.0168.4301.7-38.5122.677.066.0
CFO To EBITDA
CFO To EBITDA%
87.1-45.950.3120.6126.6211.8-24.382.854.145.1

Ratios

Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
0051301361015222727
Price To Earnings
Price To Earnings
0.00.022.110.32.63.96.28.912.611.510.2
Price To Sales
Price To Sales
0.00.03.01.60.60.30.71.01.41.41.3
Price To Book
Price To Book
0.00.03.31.60.60.30.40.60.80.90.8
EV To EBITDA
EV To EBITDA
-0.5-0.114.36.92.52.63.55.47.97.45.9
Profitability Ratios
Profitability Ratios
GPM
GPM%
100.0100.0100.0100.0100.0100.0100.0100.0100.0100.0100.0
OPM
OPM%
24.023.020.822.818.810.815.217.317.117.318.4
NPM
NPM%
13.413.213.415.421.98.110.710.911.512.112.5
ROCE
ROCE%
27.736.023.821.819.09.910.29.29.110.911.8
ROE
ROE%
17.221.414.915.823.57.36.66.36.37.98.2
ROA
ROA%
9.112.810.512.917.95.85.25.15.57.07.5
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
DRA Consultants Limited is a premier Indian engineering consultancy specializing in technical, commercial, legal, and financial advisory services for large-scale urban infrastructure and industrial utility projects. Operating as a **single-segment entity**, the company provides end-to-end solutions—from conceptualization and feasibility to commissioning and long-term operations—for both public and private sector clients. --- ### **Strategic Alignment with National Infrastructure Missions** The company’s business model is deeply integrated with the Government of India’s flagship urban development schemes. DRA Consultants acts as a critical technical bridge for Urban Local Bodies (ULBs) to access federal funding and execute complex engineering mandates. | Government Scheme | DRA’s Role & Service Scope | | :--- | :--- | | **AMRUT 2.0** | Secured **INR 6,000 crore** in funding for managed water supply and sewerage projects; provides DPR and PMC services. | | **SBM 2.0 (Swachh Bharat)** | Implementation of Used Water Management, sanitation infrastructure, and septage systems. | | **Jal Jeevan Mission (Urban)** | Consultancy for water body rejuvenation, green space development, and universal water access. | | **Smart Cities Mission** | Transaction advisory and specialized technical consultancy for high-tech urban interventions. | | **Make in India** | Alignment with industrial utility development and localized engineering excellence. | --- ### **Core Competencies & Specialized Service Portfolio** DRA Consultants holds **ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018** certifications, reflecting a commitment to international quality and safety standards across four primary domains: * **Water Resource & Supply Management:** Expertise in sourcing (e.g., **Andra and Bhama Askhed Dams**), **24x7 pressurized supply systems**, and **Water Audits** (from headworks to distribution). * **Wastewater & Environmental Engineering:** Design and execution of **Sewage Treatment Plants (STP)** and **Common Effluent Treatment Plants (CETP)** ranging from **2 MLD to 35 MLD**. Specialized in **Zero Liquid Discharge (ZLD)** and river rejuvenation (e.g., **Pohra and Kanh Rivers**). * **Sustainable Urban Transport:** Transactional advisory for electric mobility, including the procurement and O&M consultancy for **250 AC electric buses** and associated **Fast Charging Infrastructure**. * **Strategic Advisory & Audits:** Specialized expertise in the **3-R (Reduce-Recycle-Reuse)** framework, **Public-Private-Partnerships (PPP)**, and the establishment of sustainable water tariffs and bylaws for municipal governance. --- ### **Operational Footprint & High-Value Project Pipeline** With over **20 years** of experience and a track record of managing projects valued at over **INR 2,000 crore** (with historical involvement in portfolios up to **INR 8,000 crore**), the company maintains a robust presence across India and select international markets. **Key Active Engagements (2024-2025):** * **Pimpri Chinchwad (PCMC):** Managing the **24x7 water supply system** and STP upgradation. * **Indore (IMC):** Leading the **Kanh River Rejuvenation** for the **Sinhasth-2028** event and SCADA-integrated water works. * **Nagpur (NMC/NMRDA):** Executing sewerage action plans and the benchmark **24x7 water supply scheme**, which serves as an international case study. * **Industrial Utilities (MPIDC):** Developing a **2 MLD ZLD-based CETP** in Rewa and a comprehensive water supply scheme in Maihar, both including **5-year O&M** periods. * **International:** Providing Detailed Engineering Design (DED) for the **Kano State Water Board, Nigeria**, funded by the **French Development Agency (AFD)**. --- ### **Financial Performance & Governance Framework** The company maintains a stable financial profile with a focus on profitability and disciplined capital management. As an **SME Exchange** listed entity, it currently utilizes exemptions from **Indian Accounting Standards (IND AS)**, reporting under traditional Indian GAAP. **Financial Summary (FY 2022-23 vs. FY 2021-22):** | Metric | FY 2022-23 | FY 2021-22 | Growth/Status | | :--- | :--- | :--- | :--- | | **Revenue from Operations** | **INR 15.04 Cr** | **INR 15.12 Cr** | Stable | | **Other Income** | **INR 58.30 Lakhs** | **INR 47.07 Lakhs** | +23.8% | | **Profit Before Tax (PBT)** | **INR 2.37 Cr** | **INR 2.27 Cr** | +4.4% | | **Net Profit (PAT)** | **INR 1.73 Cr** | **INR 1.65 Cr** | **+5.04%** | | **Audit Opinion** | **Unmodified** | **Unmodified** | "True & Fair" | **Governance & Leadership Transition:** In **April 2024**, **Mr. Aditya Rathi** was elevated to **Managing Director**, succeeding **Mr. Dinesh Rathi** (now **Chairman**). To support growth, the company established a **Finance Committee** in **December 2025** to oversee treasury functions. The MD holds authorized borrowing powers of up to **INR 5 crore** to fund working capital and equipment acquisition. --- ### **Strategic Growth Drivers & Risk Mitigation** DRA Consultants is pivoting toward higher-margin **industrial infrastructure** and **O&M consultancy** to diversify its municipal-heavy portfolio. **Key Growth Drivers:** * **Digital Integration:** Increasing use of **SCADA** and automated monitoring in water distribution projects. * **Sustainability Mandates:** Rising demand for **Zero Liquid Discharge (ZLD)** and **Used Water Management** under **SBM 2.0**. * **Liquidity Management:** Active management of surplus funds through a dedicated Demat account for investments in **mutual funds, bonds, and equities**. **Risk Factors:** * **Regulatory Sensitivity:** Changes in **tax structures** or **Government infrastructure spending** priorities. * **Macroeconomic Volatility:** Fluctuations in **input costs** (raw materials) and **exchange rates** for international contracts. * **Project Concentration:** Heavy reliance on government-tendered cycles and municipal fiscal health. * **Market Dynamics:** Volatility in the pricing of finished goods and global demand-supply shifts.