DRA Consultants Ltd

AGM Details

• Date/time/mode: 30 September 2026, 10:00 A.M., physical at Registered Office.
• Concluded at 11:00 A.M.; quorum was present.

Ordinary Business

• Adopt audited financial statements for year ended 31 March 2026 with Board and Auditor reports.
• Re-appoint Uma Rathi as Director by rotation.
• Re-appoint M/s K N D & Associates as statutory auditors.
• Voting results to be uploaded shortly.

DRA Consultants Ltd trading window closed from October 01, 2026 till end of 48 hours after the declaration of the unaudited financial results for the half year ended September 30, 2026

Financial performance

• Revenue from operations: ₹2559.41 Lakhs in 2025-26, up from ₹2146.08 Lakhs.
• Net profit: ₹289.29 Lakhs in 2025-26.
• Profit before tax: ₹385.82 Lakhs in 2025-26.
• Tax expense: ₹96.52 Lakhs in 2025-26.
• Depreciation: ₹100.31 Lakhs in 2025-26.
• Finance costs: ₹13.85 Lakhs in 2025-26.
• Earnings per share: ₹2.64 (Basic & Diluted) in 2025-26.
• Net profit margin: 11.30% for FY2025-26.
• Return on equity: 8.10% for FY2025-26.
• Current ratio: 4.01x as of 31-03-2026.
• Debt-equity ratio: 0.16x as of 31-03-2026.
• Debt service coverage ratio: 36.10x as of 31-03-2026.
• Trade receivable turnover: 2.65x as of 31-03-2026.
• Return on capital: 0.11 as of 31-03-2026.

Dividend & capital allocation

• Dividend: No dividend declared for FY2025-26.
• Transfer to General Reserve: ₹289.29 Lakhs.

Capital structure & liquidity

• Short-term borrowings: ₹37,246.70 (₹ Hundreds) as at 31-03-2026.
• Long-term borrowings: ₹0.00.
• Cash and cash equivalents: ₹479.11 Lakhs as at 31-03-2026.
• Finance committee authorized to borrow up to ₹5 crores.

Governance & audit

• Statutory auditors M/s KND & Associates recommended for a second five-year term (2026-2031) subject to member approval.
• Independent directors confirmed independence; no qualification in audit reports.
• Audit Committee composition: Manavendra Jayapal (Chair), Dinesh Rathi, Renuka Borole; 7 meetings held.
• Secretarial Auditor: Kunal Dutt & Associates; reports annexed.
• Executive Directors remuneration: Uma ₹14.40 Lakhs; Aditya ₹12.00 Lakhs for 2025-26.

Key projects & operations

• MP Urban Services Improvement Program: Detailed Project Reports for Cluster A and E.
• PCMC: Transaction advisory for 24x7 water supply in 40% area.
• Korba WSS Part 1: PMC for augmentation.
• Nagpur: DPR/PMC for Hudkeshwar & Narsala sewerage.
• Jal Jeevan Mission: DPR/PMC for MP urban water/sewerage projects.
• Nagpur 24x7 water supply scheme under JNNURM; ongoing.
• O&M expansion: IoT-enabled sewerage and stormwater management pilot.

Shareholding & capital structure

• Promoters hold 73.02%: Dinesh Rathi 51.32%, Aditya Rathi 20.97%, Uma Rathi 0.73%.
• No change in share capital during the year.

Risk, governance & ESG

• Risk management framework in place; Whistle Blower mechanism adopted.
• Electronic annual report and AGM notices issued; green initiatives ongoing.
• AGM date: 30 September 2026.

AGM details

• Date and time: 30 September 2026 at 10:00 AM, at registered office.
• Mode: physical meeting; records closed 24-30 September 2026 (inclusive).
• Remote e-voting period: 27-29 September 2026; cut-off 23 September 2026.

Resolutions (Ordinary)

• Adopt audited financial statements for year ended 31 March 2026.
• Appoint Uma Dinesh Rathi as Director, retiring by rotation, for re-appointment.
• Re-appoint M/s K N D & Associates as Statutory Auditors for five years (2026-2031).
• Remuneration fixed at Rs 2.32 Lakh for 2026-27.

Book Closure Details

• Book closure period: 24 September 2026 to 30 September 2026 (inclusive) for the 17th AGM.
• AGM date: 30 September 2026.

Appointment Details

• Ravina Modi resigned as Company Secretary and Compliance Officer effective 31 August 2026.
• Sara Girdhar Sharma appointed as Company Secretary and Compliance Officer effective 01 September 2026; ICSI member A80931.
• Profile: Company Secretary, ICSI member; BCom; knowledge in corporate legal and secretarial services.
• Disclosure: No relationships with directors or promoters.
• Governance: No explicit KMP designation or additional authorisations.

Reports approved

• Annual Report for year ended 31 March 2026 approved.
• Secretarial Audit Report for year ended 31 March 2026 approved.

AGM planning and voting details

• Notice for the 17th AGM approved.
• Record date fixed at 23 September 2026.
• Book closure from 24 to 30 September 2026 (inclusive).
• e-voting period from 27 September 2026 to 29 September 2026.
• Scrutinizer appointed for e-voting and AGM polls: Kunal Dutt & Associates.

Director and key management changes

• Uma Dinesh Rathi re-appointed Director (retiring by rotation).
• Ravina Modi resigns as Company Secretary and Compliance Officer, effective 31 August 2026.
• Sara Girdhar Sharma appointed Company Secretary and Compliance Officer, effective 1 September 2026.
• K N D and Associates re-appointed statutory auditor for second term, subject to member approval.

Meeting Details

• Board meeting on Thursday, 27 August 2026 at 04:00 PM at Nagpur registered office.

Key Agenda Items

• Consider and approve Annual Report for year ended 31 March 2026.
• Consider and approve Secretarial Audit Report for year ended 31 March 2026.
• Consider and approve notice convening the 17th AGM.
• Fix record date/cut-off date for ensuing AGM.
• Fix book closure date for AGM.
• Decide e-voting period for AGM.
• Appoint Scrutinizer for e-voting results and AGM polling.
• Appoint Director retiring by Rotation.
• Re-appoint statutory auditor for second term of five years (subject to members' approval).
• Resignation of CS and Compliance Officer Ravina Modi and appointment of successor.

Other Notes