Dharani Finance Ltd
Dharani Finance is a Non-Banking Finance Company (NBFC) and carrying on non banking financial services.
- Market Cap ₹ 3.47 Cr.
- Current Price ₹ 6.92
- High / Low ₹ 7.66 / 4.59
- Stock P/E
- Book Value ₹ 17.3
- Dividend Yield 0.00 %
- ROCE -3.28 %
- ROE -3.59 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.40 times its book value
- Debtor days have improved from 440 to 74.0 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.94% over past five years.
- Promoter holding is low: 28.2%
- Company has a low return on equity of -0.53% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.98 | 3.14 | 2.35 | 2.43 | 2.58 | 2.69 | 1.06 | 0.96 | 0.54 | 1.01 | 0.58 | 0.74 | |
2.45 | 2.24 | 2.63 | 1.98 | 2.36 | 2.18 | 0.91 | 0.66 | 0.33 | 0.61 | 0.55 | 0.97 | |
Operating Profit | 0.53 | 0.90 | -0.28 | 0.45 | 0.22 | 0.51 | 0.15 | 0.30 | 0.21 | 0.40 | 0.03 | -0.23 |
OPM % | 17.79% | 28.66% | -11.91% | 18.52% | 8.53% | 18.96% | 14.15% | 31.25% | 38.89% | 39.60% | 5.17% | -31.08% |
0.00 | 0.02 | 0.55 | 0.02 | 0.24 | 1.05 | 0.05 | 0.10 | 0.01 | 0.07 | 0.02 | 0.05 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.06 | 0.03 | 0.02 | 0.01 | 0.02 | 0.02 |
Depreciation | 0.62 | 0.68 | 0.06 | 0.03 | 0.03 | 0.08 | 0.07 | 0.15 | 0.16 | 0.16 | 0.16 | 0.10 |
Profit before tax | -0.09 | 0.24 | 0.21 | 0.44 | 0.42 | 1.45 | 0.07 | 0.22 | 0.04 | 0.30 | -0.13 | -0.30 |
Tax % | 66.67% | -37.50% | 23.81% | 27.27% | 21.43% | 4.14% | 142.86% | 227.27% | 75.00% | 0.00% | 0.00% | 0.00% |
-0.03 | 0.34 | 0.15 | 0.32 | 0.33 | 1.39 | -0.03 | -0.28 | 0.01 | 0.30 | -0.13 | -0.30 | |
EPS in Rs | -0.06 | 0.68 | 0.30 | 0.64 | 0.66 | 2.78 | -0.06 | -0.56 | 0.02 | 0.60 | -0.26 | -0.60 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -13% |
5 Years: | -7% |
3 Years: | 11% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -131% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 25% |
3 Years: | 14% |
1 Year: | 14% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | -1% |
3 Years: | -1% |
Last Year: | -4% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
Reserves | 1.40 | 1.74 | 1.89 | 2.22 | 2.55 | 3.94 | 3.14 | 3.06 | 2.89 | 3.21 | 3.10 | 3.63 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.13 | 0.24 | 0.13 | 0.03 | 0.22 | 0.13 | |
0.59 | 0.64 | 0.73 | 0.58 | 0.67 | 1.30 | 0.89 | 0.56 | 1.02 | 1.22 | 1.27 | 0.43 | |
Total Liabilities | 6.99 | 7.38 | 7.62 | 7.80 | 8.22 | 10.44 | 9.16 | 8.86 | 9.04 | 9.46 | 9.59 | 9.19 |
0.43 | 0.25 | 0.19 | 0.15 | 0.12 | 0.37 | 0.30 | 0.43 | 0.27 | 0.11 | 0.24 | 0.14 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 2.71 | 2.90 | 2.10 | 3.79 | 4.04 | 0.46 | 0.41 | 0.20 | 0.28 | 0.55 | 0.36 | 0.12 |
3.85 | 4.23 | 5.33 | 3.86 | 4.06 | 9.61 | 8.45 | 8.23 | 8.49 | 8.80 | 8.99 | 8.93 | |
Total Assets | 6.99 | 7.38 | 7.62 | 7.80 | 8.22 | 10.44 | 9.16 | 8.86 | 9.04 | 9.46 | 9.59 | 9.19 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.08 | -0.02 | -0.16 | -0.04 | -3.87 | 0.06 | 0.16 | 0.04 | -0.01 | -0.01 | 0.00 | |
0.00 | -0.11 | 0.93 | -1.97 | 0.04 | 3.79 | 0.05 | 0.08 | 0.00 | 0.00 | 0.01 | 0.00 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | -0.15 | -0.19 | -0.03 | -0.01 | -0.02 | -0.02 | |
Net Cash Flow | 0.00 | -0.03 | 0.91 | -2.13 | 0.00 | -0.01 | -0.04 | 0.05 | 0.01 | -0.02 | -0.02 | -0.02 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 218.02 | 204.59 | 270.26 | 279.38 | 281.53 | 265.95 | 337.45 | 452.45 | 844.91 | 458.96 | 786.64 | 73.99 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 218.02 | 204.59 | 270.26 | 279.38 | 281.53 | 265.95 | 337.45 | 452.45 | 844.91 | 458.96 | 786.64 | 73.99 |
Working Capital Days | 225.37 | 183.66 | 223.66 | 261.36 | 216.45 | 177.75 | 241.04 | 513.28 | 844.91 | 491.49 | 975.43 | 631.35 |
ROCE % | -1.40% | 3.35% | 2.79% | 6.09% | 4.74% | 17.74% | 1.49% | 3.02% | 0.74% | 3.81% | -1.33% |
Documents
Announcements
- Closure of Trading Window 26 Jun
-
Announcement under Regulation 30 (LODR)-Cessation
24 Jun - Mr K Kandasamy ceased to be Managing Director of the Company w.e.f close of business hours on 24th June 2024, consequent to the end of …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 May - Company has published the Audited Financial Results for the Q/E 31st Mar 2024 in the News Paper. Copy of Newspaper clippings are attached.
- BM-17.05.2024 Audited Financial Results For The Quarter And Year Ended 31St March 2024. 17 May
- Board Meeting Intimation for Intimation For Adjournment Of Board Meeting From 11Th May 2024 To 17Th May 2024 12 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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