Dhruv Consultancy Services Ltd. · NSE:DHRUV
Dhruv Consultancy Services — Investor Presentation (February 2022)
24 slides from Dhruv Consultancy Services's investor presentation, Feb 5, 2022
Slide 1: Investor Meet – Dhruv Consultancy Services Limited
INVESTOR MEET – DHRUV CONSULTANCY SERVICES LIMITED DHRUV CONSULTANCY HEM SECURITIES LTD. SERVICES LIMITED AWARD WINNING MERCHANT BANKER
Slide 2: Company Snapshot
COMPANY SNAPSHOT 2 Company Name Dhruv Consultancy Services Limited Date of Incorporation August, 26 2003 Registered Office Navi Mumbai, Maharashtra Exchange BSE - SME Corporate Office Navi Mumbai, Maharashtra Industry Consultancy • Incorporated on August 26, 2003 and since then they are into infrast
Slide 3: Company Timeline
COMPANY TIMELINE 3 2003 – Till Date HIGHEST WORK ORDER RECEIVED FIRST PMC WORK National Highway Bhiwandi Kalyan Bridge Inspection in Shilphata Road by PLUS Gujarat and PRESENT Expressway BERHAD Maharashtra More than 300 employees working in 11 states across the TEN YEARS COMPLETION nation with offic
Slide 4: Highway Sector
HIGHWAY SECTOR 4 CONTRIBUTES FOR 80% WORKS DETAILED PROJECT REPORT COMPLETED MORE THAN 75 WORKS CONSTRUCTION SUPERVISION COMPLETED 300 KMS AND 800 KMS CURRENTLY ONGOING OPERATION AND MAINTENANCE MAJOR WORKS: NH4 SECTION OF MUMBAI PUNE, MPEW AND SATARA KAGAL INDEPENDENT ENGINEER 1. Solapur Yedshi- 98
Slide 5: Bridges & Tunnel Sector
BRIDGES & TUNNEL SECTOR 5 BRIDGE DESIGN, CONSTRUCTION SUPERVISION AND INSPECTION NATIONAL HIGHWAY BRIDGE MUMBAI PUNE EXPRESSWAY CAPACITY SAVITRI RIVER BRIDGE INSPECTION AUGMENTATION IN MAHAD • 3-LANE MAJOR BRIDGE ON • GUJARAT NH-17 • TOTAL KM – 5062 KMS • COMPLETED IN A RECORD • AWARD VALUE – RS. 17
Slide 6: Architectural, Environmental & Port Works
ARCHITECTURAL, ENVIRONMENTAL & PORT WORKS 6 ARCHITECTURE PLANNING AND DESIGNING ARCHITECTURAL PLANNING & ASHTAVINAYAK RE- DESIGN AMRUT SMART CITY PROJECTS DEVELOPMENT FOR 8 CITIES INTERIOR 01 02 DESIGNING HERITAGE 04 CONSERVATION 03 SMART CITIES ENVIRONMENTAL – DESIGN OF SEWAGE DEVELOPMENT OF JALNA
Slide 7: Tender Evaluation
TENDER EVALUATION 7 Feasibility Study and Preparation of DPR for up gradation to 2 lane with paved shoulder of MSH-15 from Bankot - Mandangad - Mahad - Rajewadi- Raigad District Border in Ratnagiri and Raigad Districts approximate length Km.98.00 And SH-97 from Mahad Junction (at Km 123/400 on NH-66
Slide 8: MBIU Maharashtra Evaluation
MBIU MAHARASHTRA EVALUATION 8 Our financial quote is much higher than the lowest bidder (L1), but due to strong technical marks we got this work by a difference of 0.02. Financia Technica Technic Financial Sr. No Name of Bidder Total l Bid l Marks al Score Score 1 S N Bhobe & Associates Pvt. Ltd 153
Slide 9: Employee Strength
EMPLOYEE STRENGTH 9 As of December 31, 2017 They have employed 313 full-time employees at their locations and project sites. They have employed a prudent mix of the experienced staff and youth which gives them the dual advantage. Category No. of Employees Administrative Staff 23 Skilled Workers 236
Slide 10: Management Team
MANAGEMENT TEAM 10 Mrs. Tanvi Auti Managing Director • B.E. (Civil) with Professional experience of 3 years • Worked in Hiranandani Construction, Mumbai and Simplex Infrastructure Limited as an Engineer Trainee. • She oversees the overall functioning of the Company. Mr. Pandurang B. Dandawate Non Ex
Slide 11: Contd.
Contd. 11 Mr. Milind V. Kulkarni Joint Managing Director • B. E (Civil) with professional experience of 33 years. • He has worked in Maharashtra State Public Works Department (PWD) for 30 years and has a vast experience in this field. • He is a Certified by the Indian Institution of Valuers (India)
Slide 12: Growth Opportunities
GROWTH OPPORTUNITIES 12 Overview of the Infrastructure Sector in India Infrastructure sector is a key driver for the Indian economy. Our country needs massive investments estimated to be in excess of Rs 50 lakh crore in infrastructure to increase growth of GDP, connect and integrate the nation with
Slide 13: Growth Opportunities
GROWTH OPPORTUNITIES 13 BHARATMALA PARIYOJANA TENDERS FOR FEASIBILITY STUDY AND DETAILED PROJECT REPORTS HAVE BEEN OPENED ON THE WEBSITE OF MINISTRY. PROJECT COST – RS. 7 LAKH CRORE DURATION - 5 YEARS CONSULTANCY BUSINESS EXPECTED DPR 1.5% - RS. 10,500 CR SUPERVISION 2% - RS. 14,000 CR TOTAL – RS. 2
Slide 14: Issue Details
ISSUE DETAILS 14 IPO DETAILS ISSUE OPENS 27th April, 2018 Issue Size (No of Share) 42,96,000 ISSUE CLOSES 2nd May, 2018 Fresh Issue (No of Share) 42,96,000 LISTING ON BSE SME Issue Size In Rs 23.19 Cr LEAD MANAGER TO THE ISSUE Face Value Rs.10 Hem Securities Limited Issue Price Rs. 54 REGISTRAR TO T
Slide 15: Objects of the Issue
OBJECTS OF THE ISSUE 15 OBJECTS AMOUNT ALLOCATED IN (Rs. In Crore) Repayment/ prepayment of certain indebtedness 5.12 To Meet Working Capital requirements 11.60 General Corporate Expenses; 4.53 Issue Expenses 1.94 Total 23.19
Slide 16: Competitor Analysis
COMPETITOR ANALYSIS 16 210 180 150 120 90 60 30 0 Face Value EPS PE RONW Book Value Artefact Projects ltd. 10 0.35 129.00 0.54 64.17 MITCON Consultancy & Engineering 10 3.66 18.84 4.80 76.13 Services Limited Dhruv Consultancy Services Ltd* 10 7.2 7.5 35.48 228.54
Slide 17: Segmental Revenue
SEGMENTAL REVENUE 17 Amount In (Rs. Cr) Division FY 13 FY 14 FY 15 FY 16 FY 17 Highways 4.73 9.03 9.39 10.64 23.79 Bridges - - - 4.43 5.98 Tunnels 0.26 - - - 0.05 Architectural - - 0.04 0.02 0.02 Environmental Engineering - - 0.03 0.03 0.02 Ports - - - - 0.57 Total Consultancy Income 4.99 9.03 9.46
Slide 18: Revenue Statement
REVENUE STATEMENT 18 Amount In (Rs. Cr) As At Particulars 30-12-2017 31-3-2017 31-3-2016 31-3-2015 31-3-2014 31-3-2013 Revenue 33.48 30.44 15.11 9.45 9.02 4.99 Expenditure 24.10 22.79 11.65 7.80 7.28 4.43 Operating Profit 9.38 7.65 3.46 1.65 1.74 0.56 Operating Profit Margin % 28.02 25.13 22.89 17.4
Slide 19: Balance Sheet
BALANCE SHEET 19 Amount In (Rs. Cr) As At Particulars 31-12-2017 31-3-2017 31-3-2016 31-3-2015 31-3-2014 31-3-2013 LIABILITIES Share Capital 1.00 0.38 0.30 0.30 0.30 0.20 Reserves & Surplus 13.09 8.30 5.22 3.90 3.11 1.98 Net worth 14.09 8.68 5.52 4.20 3.41 2.18 Share Application Money Pending Non Cu
Slide 20: Financial Ratios
FINANCIAL RATIOS 20 For Period Ended Particulars 31-12-2017* 2017 2016 2015 2014 2013 Return on Net worth (%) 38.34 35.48 23.94 18.80 33.03 15.80 EBITDA Margin (%) 28.02 25.13 22.89 17.46 19.29 11.22 Current Ratio 1.59 1.63 1.94 1.55 1.72 1.63 Restated Basic and Diluted Weighted 5.40 3.10 1.33 0.80
Slide 21: Strong Financial Growth
STRONG FINANCIAL GROWTH 21 Revenue EBITDA 35.00 10.00 30.00 8.00 25.00 20.00 6.00 15.00 4.00 10.00 2.00 5.00 0.00 0.00 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Revenue 5.10 9.16 9.74 15.15 30.46 EBITDA 0.56 1.74 1.65 3.46 7.65 In Rs. Crore In Rs. Crore PAT ROCE 3.50 70.00 3.00 60.00 2.50 50
Slide 22: Investment Rationale
INVESTMENT RATIONALE 22 Valuation : Company is bringing the issue at PE multiple of 7.50 on pre issue annualized FY18 eps of Rs. 7.20 at a price of Rs. 54/- per Share. Healthy Financial Performance: Company has shown strong financial performance during FY17 as it has posted strong operating & net pr
Slide 23: Disclaimer
DISCLAIMER 23 Disclaimer: * For additional information & risk factors please refer to Draft Prospectus. • This document is provided for assistance only and not intended to be taken alone for the basis for an investment decision. • Our presentation/proposal may include predictions, estimates, managem
Slide 24: Thank You
REACH US 24 THANK YOU HEM SECURITIES LTD. AWARD WINNING MERCHANT BANKER DHRUV CONSULTANCY SERVICES LIMITED 501, Pujit Plaza, Palm Beach Road, A – 904, Naman Midtown, Senapati Sector - 11, Opp. K-Star Hotel, Near CBD Station, Bapat Marg, Elphinstone Rd, Lower CBD Belapur, Navi Mumbai-400614. Parel, M
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