Dhruv Consultancy Services Limited — Credit Ratings, 08-01-2026: Credit Rating

Dhruv Consultancy Services' bank facility ratings were reaffirmed by CARE Ratings at CARE BBB- (Long Term) and CARE A3 (Short Term). The outlook shifted from 'Positive' to 'Stable' due to lower-than-expected growth and order book expansion. The ratings are backed by DCSL's experienced promoters, robust order book, and comfortable financial profile, despite working capital intensity.