Dhara Rail Projects logo

Dhara Rail Projects share price

NSE: DHARARAILCommercial Services & Supplies

Dhara Rail Projects Limited · Face value ₹10 · Listed Dec 2025 · Issue price ₹126
Last close ₹126.00down ₹4.00 (3.08%)

Share price at the NSE close on 28 Oct 2026. Previous close ₹130.00.

28 Oct: open ₹126.00, high ₹126.00, low ₹126.00

Range of traded prices from listing on 31 Dec 2025 to 28 Oct 2026
₹90.05Low, 30 Mar 2026₹172.50High, 10 Jun 2026
Market cap
₹190 Cr
P/E
12.31
P/B
2.58
Dividend yield
Nonesince listing in Dec 2025
ROE
21.0%
Debt to equity
0.18
Volume, NSE
1,000100.0% delivered

Dhara Rail Projects share price chart

Daily closes since Dec 2025, adjusted for splits and bonuses

−20.0%since 31 Dec 2025 · Nifty SME EMERGE −0.8% · Nifty 500 −9.0%

20-session average 8,800 shares a day, 92.2% delivered
Issue price
₹126.00Listed 31 Dec 2025
Listing day open
₹150.00+19.1% on the issue price
Listing day close
₹157.50+25.0% on the issue price
Since the issue
0.0%

Results

Consolidated; ₹ crore.Dhara Rail Projects half-yearly results

Half year to Mar 2026, against the half year before

Revenue
₹28 Crdown 0.00%
Net profit
₹8.38 Crup 18.60%
Net margin
29.5%

Revenue by half year

₹28 CrSep 25₹28 CrMar 26
Peak revenue ₹28 Cr, half year to Sep 2025; lowest ₹28 Cr, half year to Mar 2026

Net profit by half year, a loss in red

₹7.06 CrSep 25₹8.38 CrMar 26
₹ croreSep 2025Mar 2026
Revenue28.428.4
Net profit7.18.4
Net margin24.9%29.5%
Consolidated. The 2 half years from Sep 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Single segment, which carries all its revenue.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Dhara Rail Projects shareholding pattern

Shareholding by group

  • Promoters74.56%
  • Foreign institutions0.60%
  • Indian institutions8.48%
  • Individuals and others16.36%
Holder
TEJAS LALIT MEHTAPromoter36.79%
JAGRUTI TEJAS MEHTAPromoter28.20%
DHARA TEJAS MEHTAPromoter3.68%
MEGHA TEJAS MEHTAPromoter3.68%
MEDHA FAMILY OFFICE LLPPromoter2.20%
SANSHI FUND-IAlternative investment funds2.17%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Mar 2026: promoters unchanged, foreign institutions −0.53 pts, Indian institutions +0.05 pts.

The filing reports 1,11,00,000 of its 1,50,84,000 shares locked in.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Dhara Rail Projects insider trading

Bought on the market Sold on the market
  • Promoters and promoter group36 purchases, 0 sales₹4.19 CrNo saleNet₹4.19 Cr20 pledge filings of unclear kind
  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Dhara Rail Projects competitors and peers

Diversified Commercial Services, 137 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Dhara Rail Projects in market cap. Dhara Rail Projects' own figures are from its last trade, on 28 Oct 2026. 2 companies in the table last traded before then: their rows are priced on their last trade.Services companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Alankit logoAlankitALANKIT21810.95–+0.1%+13.3%6.5%2.1%0.00%
ITCONS E-Solutions logoITCONS E-SolutionsITCONS21540.823.55+56.7%+61.8%10.8%–0.06%
Aarvi Encon logoAarvi EnconAARVI19510.071.37+22.4%+66.4%14.5%12.1%1.52%
Integrated Personnel Services logoIntegrated Personnel ServicesIPSL19417.71–+26.7%+55.0%17.8%–0.11%
EMA Partners India logoEMA Partners IndiaEMAPARTNER18815.261.22+18.2%−2.4%8.5%–0.00%
Eleganz Interiors logoEleganz InteriorsELGNZ1848.331.06+1.9%+6.8%13.5%–0.00%
Clear Secured Services logoClear Secured ServicesCSSL1695.590.76––13.5%–0.00%
Positron Energy logoPositron EnergyPOSITRON1537.621.55+31.3%+12.7%22.6%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Dhara Rail Projects announcements

Dhara Rail Projects share price by year

Each calendar year to 2025.Dhara Rail Projects share price history

YearClose at year endChangeHighest closeLowest close
2025157.50–157.50157.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 31 Dec 2025.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026130.00130.00130.00130.00130.001,000100.0%
23 Oct 2026128.00134.95125.00125.00129.666,00083.3%
22 Oct 2026137.50137.50135.00135.00136.653,00066.7%
21 Oct 2026135.00136.00129.00135.20131.3511,00081.8%
16 Oct 2026135.00135.00135.00135.00135.001,000100.0%
15 Oct 2026126.10135.00125.60135.00130.4512,00091.7%
14 Oct 2026137.00137.00121.60125.60129.3011,00081.8%
13 Oct 2026134.00134.80132.00133.45133.959,00077.8%
8 Oct 2026141.10141.10141.10141.10141.102,000100.0%
Prices in ₹ per share as traded, not adjusted.

Company details

NSE symbol
DHARARAIL
ISIN
INE2HJL01019
Industry
Commercial Services & Supplies