Dhara Rail Projects shareholders and shareholding pattern
NSE: DHARARAILCommercial Services & Supplies
Last close ₹125.00down ₹10.00 (7.41%)
Share price at the NSE close on 23 Oct 2026. Previous close ₹135.00.
Range of traded prices from listing on 31 Dec 2025 to 23 Oct 2026
₹90.05Low, 30 Mar 2026₹172.50High, 10 Jun 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹189 Cr
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 25 May 2026
- 12.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 25 May 2026
- 2.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Dec 2025
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 25 May 2026
- 21.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 25 May 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,00083.3% delivered
Who owns Dhara Rail Projects, filing by filing
Per cent of the company's shares. Every filing on record, from Mar 2026; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters74.56%
- Foreign institutions0.60%
- Indian institutions8.48%
- Individuals and others16.36%
Shareholding pattern, per cent
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Mar 2026Filed 13 Apr | Sep 2026Filed 13 Oct |
|---|---|---|
| 74.56% | 74.56% | |
| Indian promoters | 67.20% | 67.20% |
| Foreign promoters | 7.36% | 7.36% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 25.44% | 25.44% |
| Shares in issue | 1,50,84,000 | 1,50,84,000 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | 1,11,00,000 | 1,11,00,000 |
| Promoters' shares locked in | 1,09,14,400 | 1,09,14,400 |
A dash is a line the filing did not state.
Dhara Rail Projects promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is TEJAS LALIT MEHTA, 36.79%. The filing names 8 more members with no shares.Promoter buying and selling
| Holder | |||
|---|---|---|---|
| TEJAS LALIT MEHTAIndividuals and Hindu undivided families | 36.79% | 55,49,445 | 100.00% |
| JAGRUTI TEJAS MEHTAIndividuals and Hindu undivided families | 28.20% | 42,54,400 | 100.00% |
| DHARA TEJAS MEHTANon-resident and foreign individuals | 3.68% | 5,55,000 | 100.00% |
| MEGHA TEJAS MEHTANon-resident and foreign individuals | 3.68% | 5,55,000 | 100.00% |
| MEDHA FAMILY OFFICE LLPIndian companies, trusts and others | 2.20% | 3,32,000 | 0.00% |
| PRIYA VIKAS MEHTAIndividuals and Hindu undivided families | 0.00% | 111 | 100.00% |
| TEJAS LALIT MEHTA HUFIndividuals and Hindu undivided families | 0.00% | 111 | 100.00% |
| VIKAS LALIT MEHTAIndividuals and Hindu undivided families | 0.00% | 111 | 100.00% |
| FRREYA VIKAS MEHTAIndividuals and Hindu undivided families | 0.00% | 111 | 100.00% |
| DHAIERYA VIKAS MEHTAIndividuals and Hindu undivided families | 0.00% | 111 | 100.00% |
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.
Largest public holders of Dhara Rail Projects, filing by filing
Per cent, on the same shares as the split above.
| Holder | Mar 2026Filed 13 Apr | Sep 2026Filed 13 Oct |
|---|---|---|
| SANSHI FUND-IAlternative investment funds | 2.65% | 2.17% |
| FINAVENUE CAPITAL TRUST - FINAVENUE GROWTH FUNDAlternative investment funds | 1.76% | 1.95% |
| TATTVAM AIF TRUST - AANJAY AGELESS AIF FUNDAlternative investment funds | 1.31% | 1.77% |
| HEM GROWTH OPPORTUNITIES FUNDAlternative investment funds | – | 1.19% |
| SHANKAR KESHAVA VAILAYAResident individuals, over ₹2 lakh at face value | – | 1.06% |
| INDIA MAX INVESTMENT FUND LIMITEDForeign portfolio investors, category I | 1.13% | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.