DHARAN INFRA-EPC (DHARAN) is loss-making over the last 12 months, losing ₹35 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹0.13, 77% below its 52-week high. Sales fell 44% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹68 Cr, ranked 75th of 112 Real Estate (Development) companies by market cap; the shares fell 73% over the past year.
- ₹0.13
- ₹0.14
- ₹0.13
- ₹0.13
- 71.7 L
Health check
- ReturnsBehind
−72.9% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −43.7% a year over 3 years.
- ProfitabilityNegative
ROCE -3.5% vs peer median 10.4%.
- Balance sheetStretched
Debt 0.07× equity, operating profit doesn’t cover interest, Piotroski 3 of 9.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹68 Cr
- Small cap
- P/E
- n/a
- Industry 22.1
- Price to book
- 0.07
- Peers 2.88
- Dividend yield
- 0.00%
- ROE
- −3.8%
- Peers 11.1%
- ROCE
- −3.5%
- Peers 10.4%
- Debt to equity
- 0.07
- Debt ₹68 Cr
- EPS (TTM)
- −₹0.06
- Face value ₹1
- OPM (TTM)
- −42.6%
- Net margin 0.0%
- Sales growth
- −55.7%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 10.70
- EV/EBITDA 17.5
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −3.8%.
- Quarterly sales down 55.7% on a year ago.
- 77% below its 52-week high.
- Interest coverage of only −11.4×.
About DHARAN INFRA-EPC
Dharan Infra-EPC Limited engages in the engineering, procurement, and construction business in India. Its projects include railways, roads, bridges, hydro dams, solar farming, waste to energy, housing, and various ports. The company was formerly known as KBC Global Limited and changed its name to Dharan Infra-EPC Limited in June 2025. The company was founded in 1994 and is based in Nashik, India.
- Headquarters
- Nashik
- Employees
- 52
- Sector
- Real Estate
- ISIN
- INE278R01034
- Website
- dharanepc.com
Price range
- Avg volume (3M)
- 1.1 Cr
- 1-year return
- minus 72.9%
- From 52-week high
- minus 76.8%
Peers · Real Estate - Development
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLFDLF | 752.90 | plus 1.03% | 1,86,366 | 40.8 | 127.6 | 6.3% | 15.3% | 0.01 | 11.3% | minus 3.8% |
| LODHALodha Developers | 1,179.00 | plus 0.27% | 1,17,812 | 27.1 | 25.2 | 18.2% | 33.1% | 0.41 | 20.4% | minus 3.9% |
| OBEROIRLTYOberoi Realty | 1,739.00 | minus 0.13% | 63,230 | 24.0 | 18.8 | 16.7% | 57.5% | 0.14 | 12.9% | minus 2.2% |
| GODREJPROPGodrej Properties | 1,809.30 | minus 0.31% | 54,501 | 40.4 | – | 11.1% | −6.5% | 1.02 | 32.4% | minus 20.9% |
| BRIGADEBrigade Enterprises | 558.15 | minus 0.89% | 18,205 | 25.1 | 15.6 | 9.8% | 29.2% | 0.83 | 18.5% | minus 26.2% |
| ANANTRAJAnant Raj | 445.45 | minus 4.41% | 16,031 | 26.5 | 24.1 | 10.4% | 27.8% | 0.13 | 37.9% | minus 27.8% |
| SOBHASobha | 1,275.40 | minus 1.28% | 13,642 | 71.4 | 46.7 | 7.4% | 6.5% | 0.33 | 16.3% | minus 20.2% |
| DHARANDHARAN INFRA-EPC | 0.13 | 0.00% | 68 | – | – | −3.5% | −42.6% | 0.07 | −43.7% | minus 72.9% |
| Median of 7 peers | – | −0.31% | 54,501 | 27.1 | 24.7 | 10.4% | 27.8% | 0.33 | 18.5% | −20.2% |
Quarterly results
| ₹ Cr | Mar 25 | Jun 25 | Sep 25 |
|---|---|---|---|
| 1.4 | 0.1 | 3.5 | |
| 0.8 | 8.6 | 5 | |
| 0.5 | −8.5 | −1.5 | |
| 39.8% | −7515.6% | −42.7% | |
| −1.2 | 1 | 0 | |
| 1.7 | 0.8 | 2.7 | |
| 0 | 0 | 0 | |
| −2.5 | −8.4 | −4.2 | |
| −0.5% | −0.1% | −0.1% | |
| −2.5 | −8.4 | −4.2 | |
| – | -0.22 | -0.02 |
Profit & loss
- Sales CAGR 3Y
- −43.7%
- ROE
- −3.8%
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| 101 | 108 | 22.5 | 18 | |
| – | +7.5% | minus 79.3% | minus 20.0% | |
| 72.3 | 108 | 74 | 55.6 | |
| 28.6 | 0 | −51.5 | −37.6 | |
| 28.3% | 0.0% | −229.2% | −209.0% | |
| 9.3 | 9.1 | 25.6 | 2.5 | |
| 14 | 12.5 | 10.5 | 3.3 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.2 | 0 | 0 | 0.2 | |
| 23.9 | −3.5 | −36.6 | −38.3 | |
| 27.9% | −0.6% | 0.0% | −0.1% | |
| 17.3 | −3.5 | −36.6 | −38.3 | |
| 0.14 | -0.03 | -0.17 | -0.06 |
Forecast
Balance sheet
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| 61.5 | 66.6 | 110 | 261 | |
| 78.1 | 867 | 800 | 620 | |
| 109 | 126 | 76 | 63.9 | |
| 78.4 | 68.7 | 107 | 113 | |
| 327 | 1,128 | 1,093 | 1,059 | |
| 27 | 31.2 | 32.3 | 25.9 | |
| 26.1 | 30.3 | 31.5 | 25.3 | |
| 0.3 | 662 | 0.3 | 0.3 | |
| 28.6 | 22.7 | 712 | 715 | |
| 245 | 382 | 316 | 292 | |
| 327 | 1,128 | 1,093 | 1,059 |
Cash flow
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| −19.7 | −163 | 68.4 | 16.7 | |
| 37.1 | −654 | 664 | 10.4 | |
| −17.3 | 821 | −47 | −15.7 | |
| 0.1 | 3 | 686 | 11.5 | |
| −0.1 | −0 | −0 | −0 | |
| −19.8 | −163 | 68.4 | 16.7 | |
| −0.3 | – | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.