Dharan Infra-EPC Ltd Q2 FY19 Share Price & Earnings Call Analysis

Financials of Dharan Infra-EPC Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Dharan Infra-EPC Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales +13.5517.7362.509.71-4.5212.5812.559.336.201.091.370.113.50
Expenses +9.0722.1869.5721.428.9845.7019.3723.116.4225.232.848.585.00
Operating Profit4.48-4.45-7.07-11.71-13.50-33.12-6.82-13.78-0.22-24.14-1.47-8.47-1.50
OPM %33.06%-25.10%-11.31%-120.60%-263.28%-54.34%-147.70%-3.55%-2,214.68%-107.30%-7,700.00%-42.86%
Other Income +0.291.8412.071.5214.3610.612.591.161.741.021.070.970.02
Interest3.643.372.893.192.816.481.272.761.91-3.132.040.832.69
Depreciation0.030.030.030.030.030.060.030.030.030.030.020.020.02
Profit before tax1.10-6.012.08-13.41-1.98-29.05-5.53-15.41-0.42-20.02-2.46-8.35-4.19
Tax %7.27%-3.66%3.85%0.00%0.00%-0.03%0.36%0.00%0.00%0.05%0.41%0.00%0.00%
Net Profit +1.01-5.801.99-13.41-1.98-29.04-5.55-15.41-0.43-20.03-2.47-8.36-4.19
EPS in Rs0.01-0.050.01-0.08-0.01-0.15-0.03-0.06-0.00-0.04-0.00-0.02-0.01

Financials of Dharan Infra-EPC Ltd

Profit & Loss

Annual income statement trend

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +12910291-27-216
Expenses +947394271942
Operating Profit3529-3-53-40-36
OPM %27%28%-4%-259%-220%-586%
Other Income +810122853
Interest1514131142
Depreciation000000
Profit before tax2824-4-37-38-35
Tax %27%28%1%0%0%
Net Profit +2017-4-37-38-35
EPS in Rs0.160.14-0.03-0.17-0.07-0.07
Dividend Payout %3%0%0%0%0%

Financials of Dharan Infra-EPC Ltd

Balance Sheet

Capital structure and asset base

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital126267110261261
Reserves11178867800620685
Borrowings +9289126766468
Other Liabilities +999869107113196
Total Liabilities3143271,1281,0931,0591,211
Fixed Assets +111111
CWIP000000
Investments5629683241621
Other Assets +2572974441,0681,0421,189
Total Assets3143271,1281,0931,0591,211

Financials of Dharan Infra-EPC Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +35-20-1636817
Cash from Investing Activity +-237-65466410
Cash from Financing Activity +-32-17821-47-16
Net Cash Flow00368611
Free Cash Flow34-20-1636817
CFO/OP108%-49%5,039%-128%-42%

Financials of Dharan Infra-EPC Ltd

Ratios

Working capital efficiency and return ratios

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days163299343-1,145-1,440
Inventory Days-1,972-2,747
Days Payable
Cash Conversion Cycle163299343-3,118-4,188
Working Capital Days3215138863,0333,807
ROCE %17%1%-3%-4%