Dhara Rail Projects
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Dhara Rail Projects secured a ₹3.66 crore work order, including GST, from Lumding Division of Indian Railways for modification work in LHB coaches across five coaching depots in Assam. The contract runs for six months and covers the AGTL, SCL, GHY, KYQ and NGC depots. The award came less than two weeks after the company announced a ₹10.08 crore coach-alteration work order from Eastern Railway. Dhara Rail Projects reported FY25 revenue of ₹44.5 crore and had an order pipeline of ₹143.8 crore across 60 Indian Railway projects as of 12 December 2025.
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Dhara Rail Projects secured a ₹3.66 crore work order, including GST, from Lumding Division of Indian Railways for modification work in LHB coaches across five coaching depots in Assam. The contract runs for six months and covers the AGTL, SCL, GHY, KYQ and NGC depots. The award came less than two weeks after the company announced a ₹10.08 crore coach-alteration work order from Eastern Railway. Dhara Rail Projects reported FY25 revenue of ₹44.5 crore and had an order pipeline of ₹143.8 crore across 60 Indian Railway projects as of 12 December 2025.
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Dhara Rail Projects received a ₹10.09 crore work order, including GST, from Eastern Railway’s Liluah carriage and wagon workshop for electrical alterations to 658 three-tier LHB coaches. The contract covers 36 months and relates to a Railway programme involving 4,000 coaches. The company’s business comprised railway rolling-stock and electrical-equipment maintenance, installation and operations services. It reported FY25 revenue of ₹44.5 crore and an order book of ₹143.8 crore across 60 Indian Railway projects as of 12 December 2025.
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Dhara Rail Projects received a ₹10.09 crore work order, including GST, from Eastern Railway’s Liluah carriage and wagon workshop for electrical alterations to 658 three-tier LHB coaches. The contract covers 36 months and relates to a Railway programme involving 4,000 coaches. The company’s business comprised railway rolling-stock and electrical-equipment maintenance, installation and operations services. It reported FY25 revenue of ₹44.5 crore and an order book of ₹143.8 crore across 60 Indian Railway projects as of 12 December 2025.
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Dhara Rail Projects received a ₹9.16 crore work order, including GST, from Southern Railway to provide electrical attendants for AC coaches in the Thiruvananthapuram division. The contract covers escorting, operation and troubleshooting of AC plants for 24 months. The company had 60 Indian Railway projects worth ₹143.8 crore as of 12 December 2025. Revenue was ₹44.5 crore in FY25, while first-half FY26 revenue and net profit were ₹28.4 crore and ₹7.1 crore respectively.
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Dhara Rail Projects received a ₹9.16 crore work order, including GST, from Southern Railway to provide electrical attendants for AC coaches in the Thiruvananthapuram division. The contract covers escorting, operation and troubleshooting of AC plants for 24 months. The company had 60 Indian Railway projects worth ₹143.8 crore as of 12 December 2025. Revenue was ₹44.5 crore in FY25, while first-half FY26 revenue and net profit were ₹28.4 crore and ₹7.1 crore respectively.
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July 2 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - GETS WORK ORDER WORTH 82 MILLION RUPEES
Source text: ID:nnAZN4T5L9Q
Further company coverage: DHAJ.NS
(([email protected];))
July 2 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - GETS WORK ORDER WORTH 82 MILLION RUPEES
Source text: ID:nnAZN4T5L9Q
Further company coverage: DHAJ.NS
(([email protected];))
June 19 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS - SECURES 11.3 MILLION RUPEES ORDER FROM NORTH WESTERN RAILWAY
Source text: ID:nNSE6Bt393
Further company coverage: DHAJ.NS
(([email protected];))
June 19 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS - SECURES 11.3 MILLION RUPEES ORDER FROM NORTH WESTERN RAILWAY
Source text: ID:nNSE6Bt393
Further company coverage: DHAJ.NS
(([email protected];))
June 15 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS - SECURES ORDER WORTH 6 MILLION RUPEES I
Source text: ID:nNSE6ndBDF
Further company coverage: DHAJ.NS
(([email protected];;))
June 15 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS - SECURES ORDER WORTH 6 MILLION RUPEES I
Source text: ID:nNSE6ndBDF
Further company coverage: DHAJ.NS
(([email protected];;))
May 22 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER AMOUNTING TO 6.1 MILLION RUPEES INCLUDING GST
Source text: ID:nNSE2DKs3q
Further company coverage: DHAJ.NS
(([email protected];))
May 22 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER AMOUNTING TO 6.1 MILLION RUPEES INCLUDING GST
Source text: ID:nNSE2DKs3q
Further company coverage: DHAJ.NS
(([email protected];))
May 8 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER WORTH 12.3 MILLION RUPEES INCLUDING GST
Source text: ID:nNSE2fX2w4
Further company coverage: DHAJ.NS
(([email protected];))
May 8 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER WORTH 12.3 MILLION RUPEES INCLUDING GST
Source text: ID:nNSE2fX2w4
Further company coverage: DHAJ.NS
(([email protected];))
May 7 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - GETS ORDER WORTH 39 MILLION RUPEES
Source text: ID:nnAZN4SUTK6
Further company coverage: DHAJ.NS
(([email protected];))
May 7 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - GETS ORDER WORTH 39 MILLION RUPEES
Source text: ID:nnAZN4SUTK6
Further company coverage: DHAJ.NS
(([email protected];))
April 20 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - GETS WORK ORDER WORTH 14.31 MILLION RUPEES
Source text: ID:nNSEdnrk5
Further company coverage: DHAJ.NS
(([email protected];))
April 20 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - GETS WORK ORDER WORTH 14.31 MILLION RUPEES
Source text: ID:nNSEdnrk5
Further company coverage: DHAJ.NS
(([email protected];))
March 25 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER AMOUNTING TO 10.2 MILLION RUPEES
Source text: ID:nNSE5WVvFQ
Further company coverage: DHAJ.NS
(([email protected];))
March 25 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER AMOUNTING TO 10.2 MILLION RUPEES
Source text: ID:nNSE5WVvFQ
Further company coverage: DHAJ.NS
(([email protected];))
Feb 18 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER WORTH 127.3 MILLION RUPEES
Source text: ID:nNSE10417h
Further company coverage: DHAJ.NS
(([email protected];))
Feb 18 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER WORTH 127.3 MILLION RUPEES
Source text: ID:nNSE10417h
Further company coverage: DHAJ.NS
(([email protected];))
Feb 13 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER WORTH 123.3 MILLION RUPEES
Source text: ID:nNSE7dg4FY
Further company coverage: DHAJ.NS
(([email protected];))
Feb 13 (Reuters) - Dhara Rail Projects Ltd DHAJ.NS:
DHARA RAIL PROJECTS LTD - SECURES ORDER WORTH 123.3 MILLION RUPEES
Source text: ID:nNSE7dg4FY
Further company coverage: DHAJ.NS
(([email protected];))
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What does Dhara Rail Projects do?
Dhara Rail Projects is engaged in the business of executing various types of contractual railway projects and related services which includes supply, installation, testing, commissioning, operations and Annual Maintenance Contracts (AMC) of power cars, coaches, railway rolling stocks and other electrical & mechanical equipment. It provides services to the Ministry of Railways, Government of India, either through directly awarded contracts secured via competitive tendering or through pre-bid arrangements with various OEMs.
Who are the competitors of Dhara Rail Projects?
Dhara Rail Projects major competitors are K&R Rail Engineering, Rail Vikas Nigam, Ircon International. Market Cap of Dhara Rail Projects is ₹217 Crs. While the median market cap of its peers are ₹10,209 Crs.
Is Dhara Rail Projects financially stable compared to its competitors?
Dhara Rail Projects seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Dhara Rail Projects pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Dhara Rail Projects latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Dhara Rail Projects allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Accounts Receivable
How strong is Dhara Rail Projects balance sheet?
Balance sheet of Dhara Rail Projects is strong. But short term working capital might become an issue for this company.
Is the profitablity of Dhara Rail Projects improving?
Yes, profit is increasing. The profit of Dhara Rail Projects is ₹11.36 Crs for TTM, ₹6.53 Crs for Mar 2025 and ₹2.97 Crs for Mar 2024.
Is the debt of Dhara Rail Projects increasing or decreasing?
The net debt of Dhara Rail Projects is decreasing. Latest net debt of Dhara Rail Projects is -₹26.15 Crs as of Mar-26. This is less than Mar-25 when it was ₹10.96 Crs.
Is Dhara Rail Projects stock expensive?
Dhara Rail Projects is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Dhara Rail Projects is 14.02, while 3 year average PE is 21.25. Also latest EV/EBITDA of Dhara Rail Projects is 14.66 while 3yr average is 14.65.
Has the share price of Dhara Rail Projects grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Dhara Rail Projects?
There is Insufficient data to gauge this.
Are mutual funds buying/selling Dhara Rail Projects?
There is Insufficient data to gauge this.