Dhruv Consultancy Services has secured a Letter of Acceptance from the Ministry of Road Transport and Highways (MoRTH) for a consultancy project in Gujarat. Valued at Rs 14.85 crore, the contract involves supervising the NH-754k road upgradation over an 84-month period. This win reinforces the company's order book and long-term revenue visibility in the infrastructure consultancy segment.
Dhruv Consultancy Services Secures Rs 14.85 Crore MoRTH Project
Contract Value: Rs 14.85 crore excluding GST | Project Duration: 84 months
Reader Takeaway: This long-term contract ensures steady revenue, though timely performance security submission remains a critical compliance milestone.
What just happened
Dhruv Consultancy Services has received a Letter of Acceptance (LOA) from the Ministry of Road Transport and Highways (MoRTH), Regional Office Gujarat. The company will act as the Authority Engineer for the upgradation of the Dholavira-Mauvana-Vauva-Santalpur section (Package-II) of NH-754k. The project involves upgrading the road to two lanes with paved shoulders under the EPC mode. The company will execute this work in association with M/s Mark Procon Private Limited.
Why this matters
This order provides Dhruv Consultancy Services with a predictable revenue stream spanning the next seven years. Securing a project under the MoRTH portfolio is a significant credential for the firm, signaling strong positioning within the government infrastructure consultancy space. The partnership model with Mark Procon also allows the company to share resources effectively for this long-duration assignment.
Compliance and Conditions
The Letter of Acceptance, issued on October 16, 2026, and received by the company on October 19, 2026, carries specific compliance mandates. Dhruv Consultancy must provide a performance security deposit within 21 days. The firm has confirmed that there is no related-party involvement between its promoters and the awarding authority, MoRTH.
Risks to watch
Investors should closely track the deposit of the performance security, as failure to meet the 21-day deadline could jeopardize the contract. Additionally, long-duration infrastructure projects are subject to potential execution delays or changes in scope, which could impact the project’s margin profile over the 84-month lifecycle.
What to track next
Market observers should monitor official project commencement updates and subsequent quarterly disclosures for progress milestones on this specific NH-754k package.