C MADHURI

Ticket Size

₹ 5 - 14 Cr

TARGET BRIEF

We are Dharwin Engineering Services Pvt. Ltd., incorporated in 2008, engaged in TG erection and long-term O&M services for power plants up to 600 MW.

Successfully executed projects with BALCO, KSK Energy, Jindal, CEPL, STEAG, Power Mech.
Skilled manpower base of ~100 engineers and technicians.
All statutory compliances updated (EPF, ESI, GST, ITR, MCA).
FY 2024–25 turnover (provisional, Form 26AS): ₹11.8 Cr (FY 2023–24 audited turnover: ₹6.65 Cr).
EBITDA ~₹0.7 Cr (6% margin).
We are exploring strategic merger / partial stake sale (up to 50%) or full exit, ideally with a larger EPC/O&M group for synergy and growth.