Dharan Infra-EPC
Dharan Infra-EPC (DHARAN) share price was ₹0.12 at the 28 Oct 2026 close; market capitalisation ₹62.75 Cr; sector Realty. The share price fell 72.7% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Sep 2025 quarter, revenue was ₹3.5 Cr, against ₹6.2 Cr a year earlier and net profit was −₹4.19 Cr, against −₹0.43 Cr a year earlier (compared with Sep 2024). Promoters held 0.83% of Dharan Infra-EPC in Dec 2025, unchanged from Sep 2025. Its Tapetide Score is 49/100 (Average) as of 28 Oct 2026.
Key Fundamentals
MicrocapRealtyConsumer DiscretionaryPrice-based figures as of 29 Oct 2026, 11:29 IST · TTM
Peer Comparison
Consumer Discretionary › Realty › Residential Commercial Projects › Residential, Commercial Projects
| ₹673.00 | 36.48 | 1,66,589 Cr | 3.65 | 1.19% | 5.77% | 6.35% | 8,504 Cr | 4,567 Cr | |
| ₹1,012.70 | 24.52 | 1,01,203 Cr | 4.43 | 0.42% | 14.64% | 18.07% | 18,603 Cr | 4,129 Cr | |
| ₹1,940.90 | 54.23 | 69,422 Cr | 6.32 | 0.13% | 10.88% | 11.84% | 4,724 Cr | 1,629 Cr | |
| ₹1,408.40 | 53.25 | 60,664 Cr | 3.73 | 0.14% | 7.80% | 12.91% | 13,597 Cr | 1,265 Cr | |
| ₹1,600.20 | 22.11 | 58,184 Cr | 3.05 | 0.25% | 13.99% | 16.74% | 6,501 Cr | 2,632 Cr | |
| ₹1,589.00 | 29.91 | 47,865 Cr | 2.47 | 0.63% | 9.51% | 12.01% | 8,849 Cr | 1,591 Cr | |
| ₹530.90 | 24.92 | 17,321 Cr | 2.54 | 0.36% | 9.63% | 9.89% | 5,805 Cr | 784 Cr | |
| ₹0.13 | — | 68 Cr | 0.06 | 83.33% | -4.35% | -3.48% | 9 Cr | -35 Cr | |
| Median 8 companies | ₹1,210.55 | 29.91 | 59,424 Cr | 3.35 | 0.39% | 9.57% | 11.93% | 7,503 Cr | 1,610 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Data confidence 95/100
Category scores
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 0.07 times its book value
Weaknesses
5- Company has low interest coverage ratio.
- Promoter holding is low: 0.83%
- Company has a low return on equity of -3.34% over last 3 years.
- Contingent liabilities of Rs.99.1 Cr.
- Working capital days have increased from 2,575 days to 3,807 days
Technical Indicators
Oscillators
Bullish
Overall
Bearish
Moving Averages
Bearish
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year Operating margin -42.86% · Sep 2025
Quarterly Results
| Particulars | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.55 | 17.73 | 62.5 | 9.71 | -4.52 | 12.58 | 12.55 | 9.33 | 6.2 | 1.09 | 1.37 | 0.11 | 3.5 |
| Expenses | 9.07 | 22.18 | 69.57 | 21.42 | 8.98 | 45.7 | 19.37 | 23.11 | 6.42 | 25.23 | 2.84 | 8.58 | 5 |
| Operating Profit | 4.48 | -4.45 | -7.07 | -11.71 | -13.5 | -33.12 | -6.82 | -13.78 | -0.22 | -24.14 | -1.47 | -8.47 | -1.5 |
| OPM % | 33.06% | -25.1% | -11.31% | -120.6% | — | -263.28% | -54.34% | -147.7% | -3.55% | -2214.68% | -107.3% | -7700% | -42.86% |
| Other Income | 0.29 | 1.84 | 12.07 | 1.52 | 14.36 | 10.61 | 2.59 | 1.16 | 1.74 | 1.02 | 1.07 | 0.97 | 0.02 |
| Interest | 3.64 | 3.37 | 2.89 | 3.19 | 2.81 | 6.48 | 1.27 | 2.76 | 1.91 | -3.13 | 2.04 | 0.83 | 2.69 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 |
| PBT | 1.1 | -6.01 | 2.08 | -13.41 | -1.98 | -29.05 | -5.53 | -15.41 | -0.42 | -20.02 | -2.46 | -8.35 | -4.19 |
| Tax % | 7.27% | -3.66% | 3.85% | 0% | 0% | -0.03% | 0.36% | 0% | 0% | 0.05% | 0.41% | 0% | 0% |
| Net Profit | 1.01 | -5.8 | 1.99 | -13.41 | -1.98 | -29.04 | -5.55 | -15.41 | -0.43 | -20.03 | -2.47 | -8.36 | -4.19 |
| EPS (₹) | 0.01 | -0.05 | 0.01 | -0.08 | -0.01 | -0.15 | -0.03 | -0.06 | 0 | -0.04 | 0 | -0.02 | -0.01 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|
| Sales | 129 | 102 | 91 | -27 | -21 | 6 |
| Expenses | 94 | 73 | 94 | 27 | 19 | 42 |
| Operating Profit | 35 | 29 | -3 | -53 | -40 | -36 |
| OPM % | 27% | 28% | -3.5% | -259% | -220% | -586% |
| Other Income | 8 | 10 | 12 | 28 | 5 | 3 |
| Interest | 15 | 14 | 13 | 11 | 4 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 28 | 24 | -4 | -37 | -38 | -35 |
| Tax % | 27% | 28% | 1% | 0% | 0% | — |
| Net Profit | 20 | 17 | -4 | -37 | -38 | -35 |
| EPS (₹) | 0.16 | 0.14 | -0.03 | -0.17 | -0.07 | -0.07 |
| Div. Payout % | 3% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|
| Equity Capital | 12 | 62 | 67 | 110 | 261 | 261 |
| Reserves | 111 | 78 | 867 | 800 | 620 | 685 |
| Borrowings | 92 | 89 | 126 | 76 | 64 | 68 |
| Other Liabilities | 99 | 98 | 69 | 107 | 113 | 196 |
| Total Liabilities | 314 | 327 | 1,128 | 1,093 | 1,059 | 1,211 |
| Fixed Assets | 1 | 1 | 1 | 1 | 1 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 56 | 29 | 683 | 24 | 16 | 21 |
| Other Assets | 257 | 297 | 444 | 1,068 | 1,042 | 1,189 |
| Total Assets | 314 | 327 | 1,128 | 1,093 | 1,059 | 1,211 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Operating | 35 | -20 | -163 | 68 | 17 |
| Investing | -2 | 37 | -654 | 664 | 10 |
| Financing | -32 | -17 | 821 | -47 | -16 |
| Net Cash Flow | 0 | 0 | 3 | 686 | 11 |
| Free Cash Flow | 34 | -20 | -163 | 68 | 17 |
| CFO/OP | 108 | -49 | 5,039 | -128 | -42 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Debtor Days | 163 | 299 | 343 | — | — |
| Cash Conversion Cycle | 163 | 299 | 343 | — | — |
| Working Capital Days | 321 | 513 | 886 | — | — |
| ROCE % | — | 17% | 1% | -3% | -4% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
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Company Information
Incorporated in 2007, Dharan Infra-EPC Ltd is in the business of real estate construction, development, civil contracts (EPC) and other related activities[1]
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