Dhruva Capital Services Limited - financial services in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN L67120RJ1994PLC008593 Incorporated 22 July 1994 ROC Jaipur HQ Udaipur, Rajasthan, India
Active Listed - BSE: 531237 Public Limited Company financial services
Data last updated
Market Cap
₹57.34 Cr
DHRUVCA · BSE
Share Price
₹79.45
-0.38% today
Revenue
₹4.42 Cr
FY 2025-26 · +84.9% YoY
EBITDA
₹3.24 Cr
Margin 73.3%
Net Profit
₹1.62 Cr
FY 2025-26 · +28.6% YoY
ROE
7.7%
ROCE 9.4%
Debt / Equity
0.43
Interest cover 34.3x
Authorised capital
₹15 Cr
Registered with MCA

About Dhruva Capital Services Limited

Data last updated:

Dhruva Capital Services Limited is a public limited company based in Udaipur, Rajasthan, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 22 July 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L67120RJ1994PLC008593. Its GSTIN is 08AAACD5238J1ZM (Rajasthan). It is a listed company as per MCA records. Its shares are listed on BSE: 531237.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.19 Cr. It is led by directors including Shreeram Bagla (Whole-Time Director) and Sridhar Bagla (Whole-Time Director).

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 003 – A Circleview Apartment – 169 Fatehpuria Nearsukhadiacircle, Udaipur, Rajasthan, India – 313001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹4.42 Cr, a growth of 84.9% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 36.7%) and EBITDA of ₹3.24 Cr (EBITDA margin 73.3%). The net worth stands at ₹30.87 Cr (up 180.4% YoY). Total assets are valued at ₹43.57 Cr (up 167.8% YoY).

The company is associated with 1 brand: Dhruva Capital. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 5 cases are pending. The company has 22 deals on record (22 market trades); the latest was in August 2026. Its 6 peer companies in the BFSI industry (Capital Services, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is MGM Financiers Private Limited with revenue of ₹5.55 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhruvacapital.com.

Company details

CIN L67120RJ1994PLC008593
Registration Number 008593
Incorporation Date 22 July 1994
ROC Jaipur
Listing Status Listed - Listed on BSE (531237)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Contact details

Dhruva Capital Services Limited's registered office is in Udaipur, Rajasthan. Its website is dhruvacapital.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    003 – A Circleview Apartment – 169 Fatehpuria Nearsukhadiacircle, Udaipur, Rajasthan, India – 313001
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC

To see the full contact details of Dhruva Capital Services Limited, buy the company report.

Comprehensive company report
Dhruva Capital Services Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Dhruva Capital Services operates one associated brand: Dhruva Capital. Each brand links to its own profile.

BrandDescriptionWebsite
Asset financing firmdhruvacapital.com

Business activity

The main business activity of Dhruva Capital Services is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Dhruva Capital Services Limited, buy the company report.

Financials of Dhruva Capital Services Limited

FY 2025-26 filings available

Dhruva Capital Services Limited reported revenue of ₹4.42 Cr (up 84.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹4.42 Cr
+84.9% YoY
EBITDA
₹3.24 Cr
+80.0% YoY
Profit After Tax
₹1.62 Cr
+28.6% YoY
Net Worth
₹30.87 Cr
+180.4% YoY
Total Assets
₹43.57 Cr
+167.8% YoY
Total Debt
₹12.70 Cr
+141.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4.422.392.820.250.260.220.21
Revenue growth+84.9%-15.3%+1028.0%-3.9%+18.2%+4.8%-
EBITDA3.241.801.750.070.100.070.06
EBITDA margin+73.3%+75.3%+62.1%+28.0%+38.5%+31.8%+28.6%
Profit before tax1.841.704.440.060.100.040.03
Net profit1.621.262.470.050.100.030.03
Net profit margin+36.7%+52.7%+87.6%+20.0%+38.5%+13.6%+14.3%
EPS (₹)2.253.1010.480.170.290.100.09
Balance sheet
Total assets43.5716.2712.164.744.684.584.55
Net worth30.8711.0112.164.704.654.554.52
Total debt12.705.250.000.030.030.030.03
Cash & bank0.080.010.230.060.000.030.02
Net working capital(2.17)(3.63)0.28(0.17)(0.20)(0.22)(0.20)
Cash flow
Cash from operations(10.44)(6.01)(6.66)0.04(0.06)0.00(0.01)
Cash from investing(16.04)(0.47)3.670.020.040.010.01
Cash from financing26.556.253.170.000.000.000.01
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.800.860.670.780.790.490.620.57
Revenue growth (YoY)+1.3%+75.5%+8.1%+36.8%+71.7%---
Other income0.000.001.390.000.020.000.000.25
Total expenses0.241.500.331.401.242.420.510.08
EBITDA0.56(0.64)0.34(0.62)(0.45)(1.93)0.110.49
EBITDA margin+70.0%-74.4%+50.7%-79.5%-57.0%-393.9%+17.7%+86.0%
Depreciation0.130.150.090.090.090.020.000.00
Interest0.390.330.170.150.000.000.000.00
Profit before tax0.04(1.12)1.47(0.86)(0.52)(1.95)0.110.74
Tax0.010.220.000.000.010.150.030.17

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.800.860.670.780.790.490.620.57
Revenue growth (YoY)+1.3%+75.5%+8.1%+36.8%+71.7%---
Other income0.000.001.390.000.020.000.000.25
Total expenses0.241.500.331.401.242.420.510.08
EBITDA0.56(0.64)0.34(0.62)(0.45)(1.93)0.110.49
EBITDA margin+70.0%-74.4%+50.7%-79.5%-57.0%-393.9%+17.7%+86.0%
Depreciation0.130.150.090.090.090.020.000.00
Interest0.390.330.170.150.000.000.000.00
Profit before tax0.04(1.12)1.47(0.86)(0.52)(1.95)0.110.74
Tax0.010.220.000.000.010.150.030.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4.422.392.820.250.260.220.21
Revenue growth+84.9%-15.3%+1028.0%-3.9%+18.2%+4.8%-
Other income0.000.002.700.000.000.000.01
Total expenses1.180.591.070.180.160.150.15
Employee cost0.400.350.030.030.040.030.02
EBITDA3.241.801.750.070.100.070.06
EBITDA margin+73.3%+75.3%+62.1%+28.0%+38.5%+31.8%+28.6%
Depreciation0.440.030.010.010.000.030.04
Interest0.960.070.000.000.000.000.00
Profit before tax1.841.704.440.060.100.040.03
Tax0.220.440.180.010.000.010.00
Net profit1.621.262.470.050.100.030.03
Net profit margin+36.7%+52.7%+87.6%+20.0%+38.5%+13.6%+14.3%
EPS (₹)2.253.1010.480.170.290.100.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.194.064.063.263.263.263.26
Reserves & surplus23.686.958.101.441.391.291.26
Shareholders' funds (net worth)30.8711.0112.164.704.654.554.52
Secured loans0.000.000.000.000.000.000.00
Unsecured loans12.705.250.000.030.030.030.03
Total debt12.705.250.000.030.030.030.03
Total liabilities43.5716.2712.164.744.684.584.55
Assets
Gross block1.590.540.002.442.442.292.29
Net block1.140.530.001.911.911.921.94
Capital work in progress0.000.000.000.000.000.000.00
Investments15.000.000.050.670.670.670.67
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.000.000.000.000.000.000.00
Cash & bank balances0.080.010.230.060.000.030.02
Loans & advances0.490.300.290.070.070.040.06
Total current assets0.570.310.520.130.070.070.08
Total current liabilities2.743.940.240.300.270.290.28
Net working capital(2.17)(3.63)0.28(0.17)(0.20)(0.22)(0.20)
Total assets43.5716.2712.164.744.684.584.55
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.010.230.060.000.030.020.01
Net cash from operating activities(10.44)(6.01)(6.66)0.04(0.06)0.00(0.01)
Net cash from investing activities(16.04)(0.47)3.670.020.040.010.01
Net cash from financing activities26.556.253.170.000.000.000.01
Net change in cash0.07(0.22)0.170.05(0.02)0.010.01
Closing cash0.080.010.230.060.000.030.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+84.9%-15.3%+1028.0%-3.9%+18.2%+4.8%-
EBITDA growth+80.0%+2.9%+2400.0%-30.0%+42.9%+16.7%-
PBT growth+8.2%-61.7%+7300.0%-40.0%+150.0%+33.3%0.0%
Net income growth+28.6%-49.0%+4840.0%-50.0%+233.3%0.0%-
Revenue CAGR (3Y)+160.5%+109.5%+134.0%+6.0%+11.0%-1.5%-1.5%
EBITDA CAGR (3Y)+259.1%+162.1%+192.4%+5.3%+35.7%-4.4%-5.0%
Profitability & leverage
Net income margin+36.7%+52.7%+151.1%+20.0%+38.5%+13.6%+14.3%
Return on capital employed+9.4%+12.5%+30.6%+1.5%+2.2%+0.9%+0.7%
Return on net worth+7.7%+10.9%+29.3%+1.3%+2.2%+0.7%+0.7%
Debt / equity0.430.230.000.010.010.010.01
Long-term debt / equity0.430.230.000.010.010.010.01
Interest cover34.293.950.000.000.000.000.00
Efficiency & per share
Fixed asset turnover4.158.854.520.100.110.100.09
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover0.000.000.000.000.000.000.00
EPS (₹)2.253.1010.480.170.290.100.09
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)42.9427.1229.9414.4214.2513.9613.86

To see the full year-wise statements and ratios of Dhruva Capital Services Limited, buy the company report.

Board of directors of Dhruva Capital Services Limited

Dhruva Capital Services has 5 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shreeram BaglaWhole-Time Director10 Jul 20242 Years 3 MonthsCurrent
Sridhar BaglaWhole-Time Director10 Jul 20242 Years 3 MonthsCurrent
Altab Uddin KaziDirector10 Jul 20242 Years 3 MonthsCurrent
Haider AliAdditional Director27 Apr 20260 Years 6 MonthsCurrent
Kiran PandeyAdditional Director09 Mar 20260 Years 7 MonthsCurrent

Peer comparison

Dhruva Capital Services Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Capital Services, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
MGM Financiers Private Limited₹5.55 Cr (FY 2025)87.0%Ludhiana, Punjab, India
Raina Commodities Pvt.Ltd.₹5.54 Cr (FY 2025)14.0%Kolkata, West Bengal, India
Venus Mercandise (India) Pvt. Ltd.₹5.52 Cr (FY 2025)21.0%Kolkata, West Bengal, India
Suneet Finman Private Limited₹5.51 Cr (FY 2025)26.0%New Delhi, Delhi, India
Nirlon Trade & Finance Pvt Ltd₹5.5 Cr (FY 2024)730.0%Kolkata, West Bengal, India
A to Z Securities Limited₹5.5 Cr (FY 2024)205.0%New Delhi, Delhi, India
Dhruva Capital Services Limitedthis company₹4.42 Cr (FY 2026)₹1.62 Cr36.7%84.9%Udaipur, Rajasthan, India

To see the full peer comparison of Dhruva Capital Services Limited, buy the company report.

Auditor

Dhruva Capital Services Limited is audited by T.K. BOHARA & CO. for the financial year 2019.

Auditor firmFinancial yearFirm registration number
T.K. BOHARA & CO.FY 2019000798C

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 45.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 54.10%.

Promoters: 45.90%Retail & Others: 54.10%
Mar 2026
QUARTER
45.90% Promoters
54.10% Retail & Others
Promoter holding - history
Now 45.90% · Mar 2026High 54.20% · Jun 2025Low 45.90% · Sep 2025
44%47%50%53%56%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 54.20%Sep 2025: 45.90%Dec 2025: 45.90%Mar 2026: 45.90%54.20%45.90%45.90%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters45.90%45.90%45.90%54.20%
Public54.10%54.10%54.10%45.80%

Deals & funding

Dhruva Capital Services Limited has 22 deals on record (22 market trades); the latest was in August 2026.

Total deals
22
Market trades
22

Deals on record (5 of 22)

WhenDealAmountParties
Aug 2026Market trade₹44.5 LakhBuyer: Prognosis Securities Pvt Ltd
Seller: Prognosis Securities Pvt Ltd
Feb 2026Market trade₹39 LakhSeller: Onkar Garg (Huf)
Jan 2026Market trade₹62 LakhSeller: Bentron Commodities Pvt Ltd
Dec 2025Market trade₹43.7 LakhSeller: Bentron Commodities Pvt Ltd
Oct 2011Market trade₹22 LakhBuyer: Premier Exim Services Private Limited
Seller: an individual

To see the full deal history of Dhruva Capital Services Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Dhruva Capital Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Dhruva Capital Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
08AAACD5238J1ZMRajasthanActive29 Apr 2019

To see the full GST registrations and return filing status of Dhruva Capital Services Limited, buy the company report.

Recent activity

Dhruva Capital Services Limited has 33 board changes on record since 1994: 21 appointments and 12 cessations. The latest: Haider Ali was appointed as Additional Director on 27 Apr 2026.

Appointed
Haider Ali was appointed as Additional Director.
Filing
Dhruva Capital Services Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
Appointed
Kiran Pandey was appointed as Additional Director.
AGM
Dhruva Capital Services Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Ceased
Prodyut Purkait ceased to be CEO.
Ceased
Amit Rathi ceased to be CFO.
Appointed
Chanchal Kedia was appointed as Director.
Ceased
Mustafa Mohammad ceased to be Director.
Appointed
Priti Lakhotia was appointed as Company Secretary.
Appointed
Amit Rathi was appointed as CFO.
Ceased
Kailash Karnawat ceased to be Managing Director.
Appointed
Mustafa Mohammad was appointed as Director.

24 earlier events are in the company report.

Frequently asked questions

Dhruva Capital Services is an active public limited company based in Udaipur, Rajasthan, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 22 July 1994 (32+ years old) and is registered under CIN L67120RJ1994PLC008593. Listed on BSE: 531237.

Dhruva Capital Services reported revenue of ₹4.42 Cr for FY 2025-26 (up 84.9% YoY) based on standalone financials.

Dhruva Capital Services has 5 current directors:

The latest financial statements of Dhruva Capital Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Dhruva Capital Services is 08AAACD5238J1ZM, registered in Rajasthan.

The CIN (Corporate Identification Number) of Dhruva Capital Services is L67120RJ1994PLC008593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Dhruva Capital Services is a listed company as per MCA records. Its shares are listed on BSE (code: 531237).

Dhruva Capital Services has 10 court cases on record: 9 filed by the company and 1 filed against it. 5 are pending. Most are in the high courts.

Dhruva Capital Services was incorporated on 22 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Jaipur.

Dhruva Capital Services has 22 deals on record (22 market trades); the latest was in August 2026.

The peers of Dhruva Capital Services by revenue are MGM Financiers Private Limited, Raina Commodities Pvt.Ltd, Venus Mercandise (India) Pvt. Ltd, Suneet Finman Private Limited, Nirlon Trade & Finance Pvt Ltd and 1 more, all in the BFSI industry (Capital Services, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).