Dhruva Capital Services Ltd (531237)

Dhruva Capital Services reported a stagnant performance in its core operations for Q1 FY27, with total revenue declining slightly to Rs 79.63 Lakh from Rs 80.79 Lakh YoY. While net profit from continuing operations was a marginal Rs 2.95 Lakh, the Total Comprehensive Income reached Rs 1.10 Cr, primarily driven by an NPA recovery of Rs 107.50 Lakh recorded in Other Comprehensive Income. A concerning trend is the sharp rise in finance costs to Rs 38.90 Lakh from zero in the previous year's quarter, which significantly pressured operating margins. The company also reported its first revenue of Rs 1.10 Lakh from the 'Neo Money App'.

• Total Comprehensive Income stood at Rs 110.44 Lakh, a 39.7% decline from Rs 183.32 Lakh in the year-ago quarter.
• NPA Recovery of Rs 107.50 Lakh accounted for nearly the entire comprehensive profit for the quarter.
• Finance costs surged to Rs 38.90 Lakh from zero in Q1 FY26, indicating a significant increase in interest-bearing liabilities.
• Revenue from the new 'Neo Money App' contributed Rs 1.10 Lakh to the total revenue from operations.
• Basic Earnings Per Share (EPS) for the quarter was reported at Rs 1.54, down from Rs 4.51 YoY.

Dhruva Capital Services has scheduled its 32nd Annual General Meeting (AGM) for September 4, 2026. Key agenda items include the appointment of two new Independent Directors, Mr. Haider Ali and Mrs. Kiran Pandey, for five-year terms. Additionally, the company is seeking shareholder approval to shift its registered office from Udaipur to Jaipur for operational convenience. This follows a fiscal year (FY26) where the company reported a net profit of ‡1.62 cr on revenue of ‡4.42 cr, despite a volatile quarterly performance.

• 32nd Annual General Meeting scheduled for September 4, 2026, via video conferencing.
• Proposed appointment of Mr. Haider Ali and Mrs. Kiran Pandey as Independent Directors for 5-year terms until 2030.
• Proposal to shift the Registered Office from Udaipur to Jaipur to improve operational efficiency.
• FY26 annual revenue reported at ‡4.42 cr compared to ‡2.39 cr in FY25.
• Company reported a net profit of ‡1.62 cr for FY26, though the most recent quarter (Mar 2026) saw a loss of ‡0.81 cr.

Dhruva Capital Services has released its FY25-26 Annual Report and scheduled its 32nd AGM for September 4, 2026. The company reported a pre-tax profit of Rs 1.84 Cr for FY26, up from Rs 1.70 Cr in the previous year. A major highlight in the cash flow statement is the receipt of Rs 18.01 Cr from the issuance of shares and warrants, which is significant given the company's Rs 42 Cr market cap. However, the company saw a substantial net cash outflow from operations amounting to Rs 10.44 Cr.

• 32nd Annual General Meeting (AGM) scheduled for September 4, 2026, at 2:30 PM.
• Reported Net Profit before tax of Rs 1.84 Cr for FY26 vs Rs 1.70 Cr in FY25.
• Raised Rs 18.01 Cr through the issuance of shares including premium during the fiscal year.
• Net cash used in operating activities stood at Rs 10.44 Cr for FY26.
• Proposed shifting of the registered office within Jaipur to Pratap Nagar, Sanganer.

Dhruva Capital Services has scheduled its 32nd Annual General Meeting (AGM) for September 4, 2026, via video conferencing. A key proposal includes shifting the registered office from Udaipur to Jaipur, which requires shareholder approval at the meeting. The company has set August 28, 2026, as the cut-off date for e-voting eligibility. This administrative update comes as the company reports a TTM loss of Rs 1 Cr and a significant 74.9% share price decline over the last three months.

• 32nd Annual General Meeting (AGM) scheduled for September 4, 2026, at 2:30 PM.
• Proposed shift of registered office from Udaipur to Jaipur (Sanganer) subject to shareholder approval.
• Book closure period set from August 29, 2026, to September 4, 2026.
• Cut-off date for e-voting eligibility is August 28, 2026.
• M Shahnawaz & Associates appointed as the Scrutinizer for the e-voting process.

Dhruva Capital Services has scheduled a board meeting for August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This micro-cap NBFC, with a market capitalization of Rs 51 Cr, is coming off a volatile fiscal year where it reported a net loss of Rs 0.81 Cr in the March 2026 quarter despite a profitable FY26 overall. The trading window for designated persons will remain closed until August 15, 2026. Investors will be looking for signs of revenue stability given the TTM revenue is just Rs 4 Cr.

• Board meeting scheduled for August 13, 2026, to approve Q1 results
• Trading window for designated persons closed until August 15, 2026
• Company reported a net loss of Rs 0.81 Cr in the most recent quarter (March 2026)
• TTM revenue stands at a modest Rs 4 Cr against a market cap of Rs 51 Cr
• Promoter holding remains stable at approximately 46.0%

Dhruva Capital Services Ltd has responded to a BSE query regarding significant movement in its share price as of July 21, 2026. The company stated it has no undisclosed material information that could impact operations or performance and attributed the price movement entirely to market forces. This clarification comes amid a volatile period where the stock has seen a 74.4% return over 6 months but a 35.1% decline over the last 3 months. The company maintains it is in full compliance with SEBI Listing Regulations.

• Company responded to BSE clarification request on July 21, 2026
• Management confirmed no undisclosed material information under Regulation 30 of SEBI Listing Regulations
• Stock price return over the last 6 months stands at 74.4%
• Company reported a TTM PAT of Rs -1 Cr on a TTM revenue of Rs 4 Cr
• Promoter holding remains stable at approximately 46.0%