Equity shares
39,84,000
Transparency. Governance. Growth.
All regulatory filings, IPO documents, financial highlights and order-book disclosures for investors in Dhara Rail Projects Limited.
EXCHANGE
NSE Emerge · DHARARAIL
IR CONTACT
cs@drppl.com · +91 9137851467
LISTING DATE
31 December 2025
Half-year ended 30 September 2025. EBITDA margin expanded to 33.82% from 11.88% in FY25, reflecting the shift toward higher-margin direct contracts with Indian Railways.
Revenue (H1 FY26)
₹28.36Cr
63.7% of FY25 in 6 mo
EBITDA (H1 FY26)
₹9.59Cr
33.82% margin
PAT (H1 FY26)
₹7.06Cr
24.90% margin
Net Worth
₹19.95Cr
+55% vs FY25
ROCE
24.33%
H1 FY26
ROE
43.03%
H1 FY26
Listed on NSE Emerge on 31 December 2025. Issue oversubscribed 111.90×; listed at ₹150 (+19%).
LISTED · 31 December 2025·NSE Emerge · DHARARAIL
Issue structure.
Stock exchange
NSE Emerge
Price band
₹120 – ₹126
Issue size
₹50.19 Cr
Lot size
1,000 shares
Issue period
23 – 26 December 2025
Listing price
₹150 +19%
Oversubscription
111.90×
Book Running Lead Manager
Hem Securities Limited
Registrar to the issue
Bigshare Services Pvt. Ltd.
Stock exchange filings, group companies, quarterly shareholding patterns, and the investor grievance escalation matrix.
Stock Exchange
NSE Emerge filings, listing notices and ongoing exchange disclosures.
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Our Group Companies
Group companies and related-party entities of Dhara Rail Projects Limited.
Investor Grievance
Lodge investor queries and grievances with the Compliance Officer or via the SCORES portal.
Contact for grievance redressal
1. The Company
Contact Person: Suraj Bohra, Company Secretary & Compliance Officer
Address: Gala No. O, 196-K, Girgaum Gaiwadi, Girgaum, Mumbai-400004, Maharashtra, India
Telephone: +91-22-23865040
Email: cs@drppl.com
Website: https://drppl.com/
2. Registrar & Share Transfer Agent
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai-400093, Maharashtra, India
Contact Person: Babu Raphael C.
Phone: +91-22-6263-8200
Fax: +91-22-6263-8299
Email: ipo@bigshareonline.com
Grievance email: investor@bigshareonline.com
Website: www.bigshareonline.com
SEBI Registration: MB/INR000001385
CIN: U99999MH1994PTC076534
Period-level financial trend tables and the live order book broken down by zone and service category.
| Period | Revenue (₹ lakhs) |
|---|---|
| FY 23 | 2,660.11 |
| FY 24 | 3,146.84 |
| FY 25 | 4,448.42 |
| H1 FY 26 | 2,836.92 |
| Period | EBITDA | Margin |
|---|---|---|
| FY 23 | 74.52 | 2.80% |
| FY 24 | 133.07 | 4.23% |
| FY 25 | 528.47 | 11.88% |
| H1 FY 26 | 959.56 | 33.82% |
| Period | PAT (₹ lakhs) | PAT Margin |
|---|---|---|
| FY 23 | 106.42 | 4.00% |
| FY 24 | 296.78 | 9.43% |
| FY 25 | 652.78 | 14.67% |
| H1 FY 26 | 706.36 | 24.90% |
| Period | Net Worth (₹ lakhs) |
|---|---|
| FY 23 | 338.99 |
| FY 24 | 635.77 |
| FY 25 | 1,288.56 |
| H1 FY 26 | 1,994.92 |
| Period | ROCE |
|---|---|
| FY 23 | 5.71% |
| FY 24 | 11.73% |
| FY 25 | 25.59% |
| H1 FY 26 | 24.33% |
| Period | ROE |
|---|---|
| FY 23 | 37.24% |
| FY 24 | 60.89% |
| FY 25 | 67.85% |
| H1 FY 26 | 43.03% |
All financials in ₹ lakhs unless stated. H1 FY26 covers the half-year ended 30 September 2025. Source: Investor Presentation (December 2025), DRHP and audited financial statements.
Investor questions, answered.
Common questions on the listing, financials and corporate basics.
Yes. DRPL is listed on the NSE Emerge platform (the SME platform of the National Stock Exchange of India). The company debuted on 31 December 2025 following a ₹50.20 crore IPO that was oversubscribed approximately 112 times.