Dharan Infra-EPC Ltd

NSE: DHARAN BSE: 541161

₹0.12

0 (0%)

Fri, 06 Nov 2026, 09:55 pm

MTF 5xInvest in Dharan Infra-EPC Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)99.35

PE Ratio0

Dividend0

Finance

Real Estate Development

24.5K

Dharan Infra-EPC Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-41.11M	-86.90M	-111.37M	-171.31M	-182.68M	-204.00M	-170.78M	-357.04M	-291.10M	-286.09M	-244.71M	-211.19M	-71.77M
Pretax equity in earnings	771.00K	571.00K	1.28M	5.74M	0	0	—	—	—	—	—	—	—
Equity in earnings	0	0	0	0	2.77M	19.91M	8.94M	2.13M	351.00K	835.00K	-2.62M	-18.74M	-20.15M
Total assets	1.62B	1.86B	2.33B	2.50B	2.48B	2.99B	2.65B	2.91B	3.14B	3.27B	11.28B	10.93B	10.59B
Total current assets	1.53B	1.74B	2.10B	2.30B	2.30B	2.80B	2.28B	2.64B	2.58B	2.49B	3.62B	10.14B	9.91B
Cash and short term investments	44.56M	32.03M	71.71M	11.32M	204.01M	939.42M	335.15M	469.13M	560.78M	287.83M	242.68M	7.13B	7.16B
Cash & equivalents	44.56M	32.03M	71.71M	11.32M	22.06M	919.13M	65.05M	3.68M	3.68M	4.95M	34.62M	6.89B	7.01B
Short term investments	0	0	0	0	181.96M	20.29M	270.10M	465.44M	557.10M	282.88M	208.07M	236.82M	155.04M
Total receivables, net	10.40M	123.02M	28.49M	30.06M	357.27M	62.56M	161.37M	469.15M	730.98M	986.58M	1.07B	994.42M	1.01B
Accounts receivable - trade, net	6.67M	5.46M	3.03M	2.25M	7.64M	16.68M	112.48M	121.58M	575.48M	831.52M	858.68M	839.49M	810.54M
Other receivables	3.73M	117.56M	25.46M	27.81M	349.63M	45.89M	48.89M	347.58M	155.50M	155.06M	213.61M	154.93M	196.49M
Total inventory	1.33B	1.55B	1.85B	1.89B	1.71B	1.41B	1.55B	1.64B	1.24B	1.18B	1.29B	1.45B	1.55B
Other current assets, total	143.65M	22.37M	135.26M	338.79M	582.00K	361.20M	223.02M	45.41M	45.13M	31.23M	1.02B	564.40M	187.55M
Total non-current assets	89.16M	118.82M	227.42M	197.07M	180.25M	196.14M	373.43M	266.08M	558.78M	780.44M	7.66B	790.21M	681.89M
Long term investments	28.20M	36.87M	145.12M	109.56M	49.79M	81.01M	233.62M	68.24M	89.97M	103.51M	6.94B	66.77M	417.59M
Note receivable - long term	—	—	—	—	—	1.00M	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	12.93M	12.93M	12.93M	12.94M	9.88M	22.00K	22.00K	22.00K	22.00K	35.00K	35.00K	35.00K	35.00K
Other investments	15.27M	23.94M	132.19M	96.62M	39.91M	80.98M	233.60M	68.22M	89.95M	103.47M	6.94B	66.73M	417.55M
Net property/plant/equipment	16.45M	19.55M	17.91M	17.80M	19.77M	17.71M	16.61M	8.62M	137.92M	269.48M	310.89M	322.01M	258.45M
Gross property/plant/equipment	16.58M	20.39M	20.75M	22.75M	27.56M	28.48M	30.15M	14.19M	141.84M	274.64M	317.37M	329.75M	267.27M
Deferred tax assets	—	—	—	—	—	—	—	2.40M	1.76M	1.47M	1.26M	1.13M	847.00K
Net intangible assets	119.00K	126.00K	76.00K	111.00K	0	0	—	—	—	—	—	—	—
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	119.00K	126.00K	76.00K	111.00K	0	0	—	—	—	—	—	—	—
Other long term assets, total	44.35M	62.24M	64.33M	69.60M	110.69M	97.42M	123.20M	186.82M	329.13M	405.98M	408.86M	400.30M	5.01M
Short term debt	195.51M	296.79M	200.29M	489.34M	552.42M	598.98M	812.95M	619.80M	577.02M	426.93M	797.90M	426.97M	223.75M
Current portion of LT debt and capital leases	156.55M	243.49M	169.25M	214.88M	189.85M	249.09M	545.51M	427.14M	359.96M	165.65M	128.59M	253.62M	58.62M
Short term debt excl. current portion of LT debt	38.96M	53.30M	31.04M	274.45M	362.57M	349.88M	267.45M	192.66M	217.06M	261.28M	669.31M	173.35M	165.13M
Accounts payable	89.81M	72.51M	81.52M	140.73M	63.30M	144.96M	174.82M	144.26M	157.23M	93.63M	29.64M	49.36M	66.72M
Income tax payable	13.06M	18.90M	16.49M	33.11M	43.00M	58.32M	39.50M	57.70M	101.97M	116.06M	97.72M	97.72M	97.72M
Long term debt	123.86M	282.83M	612.78M	741.22M	812.88M	669.62M	469.76M	370.80M	344.80M	468.03M	465.25M	332.59M	415.13M
Long term debt excl. lease liabilities	123.86M	282.83M	612.78M	741.22M	812.88M	669.62M	469.76M	370.80M	344.80M	468.03M	465.25M	332.59M	415.13M
Total equity	62.81M	132.05M	162.59M	225.52M	303.51M	833.65M	942.40M	1.03B	1.23B	1.40B	9.33B	9.10B	8.81B
Shareholders' equity	62.81M	132.05M	162.59M	225.52M	303.51M	833.65M	942.40M	1.03B	1.23B	1.40B	9.33B	9.10B	8.81B
Common equity, total	62.81M	132.05M	162.59M	225.52M	303.51M	833.65M	942.40M	1.03B	1.23B	1.40B	9.33B	9.10B	8.81B
Other common equity	0	0	0	125.00M	213.51M	331.15M	450.27M	539.65M	738.29M	412.12M	8.30B	7.41B	5.61B
Total debt	319.37M	579.62M	813.07M	1.23B	1.37B	1.27B	1.28B	990.60M	921.82M	894.96M	1.26B	759.56M	638.88M
Net debt	274.81M	547.59M	741.36M	1.22B	1.16B	329.18M	947.56M	521.47M	361.04M	607.13M	1.02B	-6.37B	-6.52B
Change in accounts receivable	-6.41M	1.20M	2.43M	788.00K	-4.70M	—	—	—	—	—	—	—	—
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-25.29M	-17.30M	9.01M	11.67M	-27.72M	—	—	—	—	—	—	—	—
Change in other assets/liabilities	-6.03M	88.10M	-88.24M	-116.14M	-69.33M	29.30M	-277.26M	285.43M	-96.89M	-487.16M	-1.61B	1.15B	537.78M
Sale of fixed assets & businesses	0	0	0	0	0	0	—	—	0	0	0	0	0
Purchase/sale of investments, net	5.12M	303.00K	-87.08M	48.59M	-117.65M	206.02M	-240.19M	-181.31M	-91.20M	277.26M	-6.55B	6.61B	101.75M
Sale/maturity of investments	5.12M	571.00K	1.28M	48.59M	19.31M	206.02M	9.72M	14.04M	456.00K	277.26M	—	6.61B	101.75M
Purchase of investments	0	-268.00K	-88.36M	0	-136.96M	0	-249.91M	-195.34M	-91.65M	0	-6.55B	0	0
Other investing cash flow items, total	0	0	952.00K	14.72M	0	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	-54.27M	173.31M	307.69M	371.85M	-55.19M	-142.19M	-282.30M	-173.75M	-176.35M	-26.86M	353.78M	-489.77M	-120.68M
Issuance/retirement of long term debt	-5.49M	158.98M	329.95M	128.44M	-205.03M	-129.51M	-199.87M	-98.96M	-200.76M	123.23M	-17.19M	-118.83M	82.54M
Issuance/retirement of short term debt	-48.78M	14.33M	-22.26M	243.42M	149.84M	-12.69M	-82.44M	-74.79M	24.40M	-150.09M	370.97M	-370.93M	-203.22M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	-2.70M	0	0	0
Other financing cash flow items, total	338.55M	-17.34M	172.19M	-402.58M	0	0	0	0	0	0	0	0	0

Particulars	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-41.11M	-86.90M	-111.37M	-171.31M	-182.68M	-204.00M	-170.78M	-357.04M	-291.10M	-286.09M	-244.71M	-211.19M	-71.77M
Pretax equity in earnings	771.00K	571.00K	1.28M	5.74M	0	0	—	—	—	—	—	—	—
Equity in earnings	0	0	0	0	2.77M	19.91M	8.94M	2.13M	351.00K	835.00K	-2.62M	-18.74M	-20.15M
Total assets	1.62B	1.86B	2.33B	2.50B	2.48B	2.99B	2.65B	2.91B	3.14B	3.27B	11.28B	10.93B	10.59B
Total current assets	1.53B	1.74B	2.10B	2.30B	2.30B	2.80B	2.28B	2.64B	2.58B	2.49B	3.62B	10.14B	9.91B
Cash and short term investments	44.56M	32.03M	71.71M	11.32M	204.01M	939.42M	335.15M	469.13M	560.78M	287.83M	242.68M	7.13B	7.16B
Cash & equivalents	44.56M	32.03M	71.71M	11.32M	22.06M	919.13M	65.05M	3.68M	3.68M	4.95M	34.62M	6.89B	7.01B
Short term investments	0	0	0	0	181.96M	20.29M	270.10M	465.44M	557.10M	282.88M	208.07M	236.82M	155.04M
Total receivables, net	10.40M	123.02M	28.49M	30.06M	357.27M	62.56M	161.37M	469.15M	730.98M	986.58M	1.07B	994.42M	1.01B
Accounts receivable - trade, net	6.67M	5.46M	3.03M	2.25M	7.64M	16.68M	112.48M	121.58M	575.48M	831.52M	858.68M	839.49M	810.54M
Other receivables	3.73M	117.56M	25.46M	27.81M	349.63M	45.89M	48.89M	347.58M	155.50M	155.06M	213.61M	154.93M	196.49M
Total inventory	1.33B	1.55B	1.85B	1.89B	1.71B	1.41B	1.55B	1.64B	1.24B	1.18B	1.29B	1.45B	1.55B
Other current assets, total	143.65M	22.37M	135.26M	338.79M	582.00K	361.20M	223.02M	45.41M	45.13M	31.23M	1.02B	564.40M	187.55M
Total non-current assets	89.16M	118.82M	227.42M	197.07M	180.25M	196.14M	373.43M	266.08M	558.78M	780.44M	7.66B	790.21M	681.89M
Long term investments	28.20M	36.87M	145.12M	109.56M	49.79M	81.01M	233.62M	68.24M	89.97M	103.51M	6.94B	66.77M	417.59M
Note receivable - long term	—	—	—	—	—	1.00M	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	12.93M	12.93M	12.93M	12.94M	9.88M	22.00K	22.00K	22.00K	22.00K	35.00K	35.00K	35.00K	35.00K
Other investments	15.27M	23.94M	132.19M	96.62M	39.91M	80.98M	233.60M	68.22M	89.95M	103.47M	6.94B	66.73M	417.55M
Net property/plant/equipment	16.45M	19.55M	17.91M	17.80M	19.77M	17.71M	16.61M	8.62M	137.92M	269.48M	310.89M	322.01M	258.45M
Gross property/plant/equipment	16.58M	20.39M	20.75M	22.75M	27.56M	28.48M	30.15M	14.19M	141.84M	274.64M	317.37M	329.75M	267.27M
Deferred tax assets	—	—	—	—	—	—	—	2.40M	1.76M	1.47M	1.26M	1.13M	847.00K
Net intangible assets	119.00K	126.00K	76.00K	111.00K	0	0	—	—	—	—	—	—	—
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	0	0
Other intangibles, net	119.00K	126.00K	76.00K	111.00K	0	0	—	—	—	—	—	—	—
Other long term assets, total	44.35M	62.24M	64.33M	69.60M	110.69M	97.42M	123.20M	186.82M	329.13M	405.98M	408.86M	400.30M	5.01M
Short term debt	195.51M	296.79M	200.29M	489.34M	552.42M	598.98M	812.95M	619.80M	577.02M	426.93M	797.90M	426.97M	223.75M
Current portion of LT debt and capital leases	156.55M	243.49M	169.25M	214.88M	189.85M	249.09M	545.51M	427.14M	359.96M	165.65M	128.59M	253.62M	58.62M
Short term debt excl. current portion of LT debt	38.96M	53.30M	31.04M	274.45M	362.57M	349.88M	267.45M	192.66M	217.06M	261.28M	669.31M	173.35M	165.13M
Accounts payable	89.81M	72.51M	81.52M	140.73M	63.30M	144.96M	174.82M	144.26M	157.23M	93.63M	29.64M	49.36M	66.72M
Income tax payable	13.06M	18.90M	16.49M	33.11M	43.00M	58.32M	39.50M	57.70M	101.97M	116.06M	97.72M	97.72M	97.72M
Long term debt	123.86M	282.83M	612.78M	741.22M	812.88M	669.62M	469.76M	370.80M	344.80M	468.03M	465.25M	332.59M	415.13M
Long term debt excl. lease liabilities	123.86M	282.83M	612.78M	741.22M	812.88M	669.62M	469.76M	370.80M	344.80M	468.03M	465.25M	332.59M	415.13M
Total equity	62.81M	132.05M	162.59M	225.52M	303.51M	833.65M	942.40M	1.03B	1.23B	1.40B	9.33B	9.10B	8.81B
Shareholders' equity	62.81M	132.05M	162.59M	225.52M	303.51M	833.65M	942.40M	1.03B	1.23B	1.40B	9.33B	9.10B	8.81B
Common equity, total	62.81M	132.05M	162.59M	225.52M	303.51M	833.65M	942.40M	1.03B	1.23B	1.40B	9.33B	9.10B	8.81B
Other common equity	0	0	0	125.00M	213.51M	331.15M	450.27M	539.65M	738.29M	412.12M	8.30B	7.41B	5.61B
Total debt	319.37M	579.62M	813.07M	1.23B	1.37B	1.27B	1.28B	990.60M	921.82M	894.96M	1.26B	759.56M	638.88M
Net debt	274.81M	547.59M	741.36M	1.22B	1.16B	329.18M	947.56M	521.47M	361.04M	607.13M	1.02B	-6.37B	-6.52B
Change in accounts receivable	-6.41M	1.20M	2.43M	788.00K	-4.70M	—	—	—	—	—	—	—	—
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-25.29M	-17.30M	9.01M	11.67M	-27.72M	—	—	—	—	—	—	—	—
Change in other assets/liabilities	-6.03M	88.10M	-88.24M	-116.14M	-69.33M	29.30M	-277.26M	285.43M	-96.89M	-487.16M	-1.61B	1.15B	537.78M
Sale of fixed assets & businesses	0	0	0	0	0	0	—	—	0	0	0	0	0
Purchase/sale of investments, net	5.12M	303.00K	-87.08M	48.59M	-117.65M	206.02M	-240.19M	-181.31M	-91.20M	277.26M	-6.55B	6.61B	101.75M
Sale/maturity of investments	5.12M	571.00K	1.28M	48.59M	19.31M	206.02M	9.72M	14.04M	456.00K	277.26M	—	6.61B	101.75M
Purchase of investments	0	-268.00K	-88.36M	0	-136.96M	0	-249.91M	-195.34M	-91.65M	0	-6.55B	0	0
Other investing cash flow items, total	0	0	952.00K	14.72M	0	0	0	0	0	0	0	0	0
Issuance/retirement of debt, net	-54.27M	173.31M	307.69M	371.85M	-55.19M	-142.19M	-282.30M	-173.75M	-176.35M	-26.86M	353.78M	-489.77M	-120.68M
Issuance/retirement of long term debt	-5.49M	158.98M	329.95M	128.44M	-205.03M	-129.51M	-199.87M	-98.96M	-200.76M	123.23M	-17.19M	-118.83M	82.54M
Issuance/retirement of short term debt	-48.78M	14.33M	-22.26M	243.42M	149.84M	-12.69M	-82.44M	-74.79M	24.40M	-150.09M	370.97M	-370.93M	-203.22M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	-2.70M	0	0	0
Other financing cash flow items, total	338.55M	-17.34M	172.19M	-402.58M	0	0	0	0	0	0	0	0	0