DMR Hydroengineering & Infrastructures Limited.The company has a market cap of ~Rs. 64 crore.
Company Overview-
DMR Hydroengineering & Infrastructures Limited (DMR), established in 2009, is an Indian public limited company listed on the BSE SME Platform. Specializing in engineering consultancy services within the infrastructure sector, DMR focuses on delivering innovative and sustainable solutions to a wide range of clients, including EPC agencies, PSU clients, IPP clients, and other consultants. The company’s expertise lies in hydropower, dams, renewable energy, tunnels, and related sectors, offering services across the entire project lifecycle.
Domestically, DMR has a strong presence in over 15 states across India, undertaking multiple projects in various regions. Internationally, the company has expanded its operations to countries like Lao PDR, Bhutan, and Nepal, showcasing its global ambition. DMR also has a wholly-owned subsidiary, DMR Consulting Inc., located in Delaware, USA, further solidifying its international presence.
The company’s service portfolio encompasses a comprehensive range of services, covering:
●Design & Engineering
●Due Diligence & Regulatory
●Bid Management
●Construction Engineering
●Quality & Inspection
●Project Management
Key Managerial Personnel
Revenue Bifurcation of previous years:
Financial performance of previous years:
Current year financial performance:
Positive cash flow from operating activities from last 4 years
The company’s working capital days are high, which management is aware of and is actively working to reduce by lowering receivables days. This was confirmed by the promoter in a recent interview. To support this initiative and growth, they have recently completed a rights issue at Rs. 140 per share
RIGHT ISSUE at Rs140/- Good Order book says S C Mittal, CMD, DMR Hydroengineering & Infrastructures
Risks
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Legal, Regulatory, and Compliance Risk: Non-compliance with laws, regulations, or contractual obligations can lead to legal disputes, financial penalties, and damage to the company’s reputation.
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Business Growth Risk: The inability to adapt to changing market conditions, secure new projects, or effectively execute projects can hinder DMR’s business growth.
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Financial Risk: Exposure to various financial risks, including market fluctuations, currency exchange rate volatility, credit risk, liquidity challenges, and operational inefficiencies, can impact the company’s profitability. The sources highlight potential economic downturns or policy changes in India that could negatively affect infrastructure investments, directly impacting DMR’s business.
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Competition: The emergence of new competitors and the growth of existing players in the same industry segment could intensify competition and put pressure on DMR’s market share and profitability.
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Quality Control: Maintaining consistent quality across projects, especially as the company expands and takes on larger and more complex projects, is crucial to retaining clients and maintaining a positive reputation.
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Changes in government policies in foreign countries: Political instability or regulatory changes in countries where DMR operates can create uncertainty and disrupt projects.
Some of the projects executed by the company
Company has recently entered into JV with M/s Fitchner GmbH & Co. KG, Germany and empaneled with THDC India Limited for rendering consultancy services for Preparation of Detailed Projects Reports (DPR) for THDCIL’s upcoming pumped storage projects in various States across India.
Souce of above information is from company’s annual reports, website & corporate disclosures.
Dis- recently invested a small amount and biased.
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