Arthneeti
All Q4 FY26 results →
DR

Dhara Rail Pro.

Q4 FY26

Dhara Rail Projects Q4 FY26: Revenue ₹56.74 Cr, PAT ₹15.44 Cr

Q4 FY26 investor presentation: what the company reported on revenue, margins and capex.

Price₹135
Market cap₹204 Cr
P/E13.2
Updated16 Oct 2026
Read3 min read

Dhara Rail Pro. Q4 FY26 key numbers

Revenue
Order book provides medium-term execution visibility at approximately ₹184 crore as of May 2026 (Pages 3 and 5).

As stated in Dhara Rail Pro.'s Q4 FY26 investor presentation · published 16 Oct 2026. Reported figures, not investment advice.

Based on Dhara Rail Pro.'s Q4 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

The short version

Revenue for FY26: ₹56.74 crore, up 27.5% YoY from ₹44.48 crore in FY25 (Page 3). EBITDA for FY26: ₹21.52 crore, up 151.8% YoY from ₹8.55 crore in FY25 - EBITDA Margin for FY26: 37.9%, increased from 19.2% in FY25 - PAT for FY26: ₹15.44 crore, up 143.2% YoY from ₹6.35 crore in

From Dhara Rail Pro.'s Q4 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Revenue for FY26: ₹56.74 crore, up 27.5% YoY from ₹44.48 crore in FY25 (Page 3).
  • EBITDA for FY26: ₹21.52 crore, up 151.8% YoY from ₹8.55 crore in FY25 (Page 3).
  • PAT for FY26: ₹15.44 crore, up 143.2% YoY from ₹6.35 crore in FY25 (Page 3).
  • Order book provides medium-term execution visibility at approximately ₹184 crore as of May 2026 (Pages 3 and 5).
  • Revenue mix: 60% Annual Maintenance Contracts (AMC) and 40% other services, with AMC contributing highest margins (Page 5).

2 more points from Dhara Rail Pro.'s call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Dhara Rail Pro. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The closest relevant points are: - Management intends to expand cautiously by entering new service areas only after ensuring adequate technical manpower (Page 6). - Workforce deployment expanded from 440+ (Mar 2025) to 1,300+ (Mar 2026) to support execution of recurring railway contracts (Page 3). - Focus remains on expanding direct business with Indian Railways and increasing execution efficiency rather than capital-intensive expansion (Page 6).

Fundraising & Capital Structure

See what Dhara Rail Pro. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

- The current executable order book stands at approximately ₹184 crore (including GST), providing strong medium-term revenue visibility. - The order book covers 17 Railway Zones with 60+ concurrent projects as of December 2025. - Around 95% of the order book is from direct contracts with Indian Railways; about 5% routed through OEMs. - Recent orders include: • ₹5.60 crore two-year order for repair and maintenance of Cummins engines and tower wagon components (Lumding Division, May 2026).

2 more points from Dhara Rail Pro.'s call on order book

Create a free account to keep reading this call

Continue your research

Others in Commercial Services & Supplies this season

  • Clear Secured (Q4 FY26)

    FY23: ₹357 Crores . Key investor presentation takeaways from Clear Secured's Q4 FY26 investor presentation — and how it ranks against sector peers.

  • Encompass Design India Ltd (Q4 FY26)

    Reported Revenue for FY26: ₹6,812 Lakhs, a +24.6% year-on-year (YoY) increase (Page 7). Key investor presentation takeaways from Encompass Design's Q4 FY26 inve

  • Happy Square Outsourcing Services Ltd (Q4 FY26)

    Strong pipeline includes a significant INR21 crores government work order from Rajasthan, likely to be received within 15 days. Key concall takeaways from…

  • Qualitek Labs (Q4 FY26)

    Quarter (H2 FY26) Revenue:** ₹70.3 Cr, up 56% YoY from ₹45.2 Cr in H2 FY25. Key concall takeaways from Qualitek Labs Ltd's Q4 FY26 earnings call — and how it…

Compare:vs Redington Ltdvs Firstsource Solutions Ltdvs International Gemological Institute Limited

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Dhara Rail Pro. and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Dhara Rail Pro. Q4 FY26 results?

Revenue for FY26: ₹56.74 crore, up 27.5% YoY from ₹44.48 crore in FY25 (Page 3). EBITDA for FY26: ₹21.52 crore, up 151.8% YoY from ₹8.55 crore in FY25 - EBITDA Margin for FY26: 37.9%, increased from 19.2% in FY25 - PAT for FY26: ₹15.44 crore, up 143.2% YoY from ₹6.35 crore in

What is Dhara Rail Pro. share price analysis?

Dhara Rail Pro. currently shows a neutral. The stock trades at a P/E of 13.2 with a market cap of ₹204 Cr. Investors should review the full earnings analysis for detailed insights.

Keep Dhara Rail Pro. on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.