Founded by industry experts. Driven by execution.
Dhara Rail Projects Limited — ISO 9001:2015 certified, NSE Emerge listed, engineering India's rail future since April 2010.
A decade-and-a-half
of precision, partnership, and growth.
For more than 15 years, Dhara Rail Projects Limited has partnered with the Ministry of Railways, Government of India, to deliver specialised maintenance, repair, and commissioning services across India's rail network.
Our work is grounded in a simple belief: critical railway infrastructure deserves engineering partners who listen carefully, think independently, and deliver consistently.
Today, DRPL operates four core service verticals — train lighting, OHE Tower Wagons, Power Car equipment, and HVAC systems — and works through both directly awarded contracts and pre-bid arrangements with leading OEMs. With 1,000+ employees deployed across 17 railway operations, we keep India's trains running.
"Established in 2010, Dhara Rail Projects was founded with a clear vision: to provide specialised, high-quality engineering solutions to Indian Railways and the broader infrastructure sector."
Our strength lies in adapting to dynamic project requirements while maintaining rigorous quality standards. We aim to be your trusted partner — offering reliable products, timely delivery, and technical excellence in every project.
Order book diversity, anchor client relationships, ISO-certified quality systems, and seasoned promoter leadership — each compounds into our competitive moat.
Diversified pan-India order book
60 ongoing projects worth ₹143.78 crores spread across 17 railway zones — including AMC, SITC, and outsourced O&M of electrical equipment, diesel alternators and coach servicing.
Long-term Indian Railways relationship
Direct contracts secured via competitive tendering, plus pre-bid arrangements with leading OEMs. Direct-contract share grew from 35% in FY23 to 74% in H1 FY26.
Assured quality systems
ISO 9001:2015 certified across all engagements. Compliance with Indian Railways and RDSO specifications, with documented inspection regimes for every project.
Experienced promoter leadership
Promoters bring 20+ and 24 years of railway sector experience respectively, with deep client networks across Indian Railways and leading OEM partners.
Four strategic pillars guiding DRPL's expansion — efficiency, quality, geography, and partnership.
Operational efficiency
Scale beyond the existing 1,000+ deployed workforce, with continuous training programmes to lift service quality to Indian Railways' published standards.
Quality consistency
Maintaining and improving service excellence through inspections, adherence to RDSO standards, and continuous refinement of internal processes.
Geographic expansion
Deepen presence in existing zones (Western, Central, East Coast) and expand into untapped regions to reduce concentration risk and grow the addressable opportunity.
Supplier & client partnerships
A dedicated, timely-delivery posture has helped retain anchor clients. Continued focus on long-term mutually beneficial supplier relationships drives cost efficiency.
From a Mumbai-based start-up to a publicly listed engineering services company with a pan-India footprint.
A board combining founder leadership with independent oversight — meeting all NSE Emerge governance norms.
Tejas Lalit Mehta
20+ years of experience in the railway industry. Manages overall business operations of the Company including formulating business strategies and their effective implementation. Promoter of DRPL.
Jagruti Tejas Mehta
24 years of experience in the railway sector. Oversees general business management including human resource and administration functions. Promoter of DRPL.
Dhara Tejas Mehta
Promoter of Dhara Rail Projects Limited. Provides strategic input and represents the founding family on shareholder matters.
Sachin Mahendra Sheth
Independent perspective on board deliberations, with audit committee leadership for the listed entity.
Charmi Monil Shah
Independent oversight of corporate governance, compliance and shareholder protections.
