Dharni Capital Services Ltd
Incorporated in 2015, Dharni Capital Services Limited is engaged in providing a wide range of Financial services across 11+ Indian States.[1]
- Market Cap ₹ 88.6 Cr.
- Current Price ₹ 43.5
- High / Low ₹ 52.3 / 24.0
- Stock P/E 28.5
- Book Value ₹ 8.50
- Dividend Yield 0.00 %
- ROCE 29.2 %
- ROE 21.9 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 17.1 days to 12.9 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.1.38 Cr.
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 4.98 | 8.20 | |
| 3.35 | 5.30 | |
| Operating Profit | 1.63 | 2.90 |
| OPM % | 32.73% | 35.37% |
| 0.01 | 1.38 | |
| Interest | 0.00 | 0.00 |
| Depreciation | 0.05 | 0.14 |
| Profit before tax | 1.59 | 4.14 |
| Tax % | 25.16% | 24.88% |
| 1.19 | 3.11 | |
| EPS in Rs | 0.58 | 1.53 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 161% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 80% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Equity Capital | 2.04 | 2.04 |
| Reserves | 12.16 | 15.27 |
| 0.00 | 0.00 | |
| 0.11 | 1.86 | |
| Total Liabilities | 14.31 | 19.17 |
| 0.75 | 6.95 | |
| CWIP | 0.00 | 0.00 |
| Investments | 1.86 | 2.59 |
| 11.70 | 9.63 | |
| Total Assets | 14.31 | 19.17 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 1.11 | 3.50 | |
| -1.41 | -9.97 | |
| 10.74 | 0.00 | |
| Net Cash Flow | 10.44 | -6.47 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 0.73 | |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 0.73 | |
| Working Capital Days | 21.26 | |
| ROCE % |
Documents
Announcements
- Board Meeting Outcome for Revised Outcome 28 Jun
-
Appointment Of Internal Auditor
26 Jun - Appointment of M/S Bagrodia & Co., as Internal auditor of the Company
-
Announcement under Regulation 30 (LODR)-Acquisition
26 Jun - Company has agreed to acquire 49.28% shares of proposed company by way of cash consideration of Rs. 6,11,10,000/-
- Board Meeting Outcome for Outcome Of Board Meeting Dated 26Th June, 2024 26 Jun
- Audited Standalone & Consolidated - Financial Statements For The 31St March 2024 - Clarification Letter 11 May
Diversified Services
A) Mutual Fund Distribution Services (3% of FY22 revenue)[1][2]
The Company holds AMFI Registration number ARN-144504. It is an empaneled distributor with SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Aditya Birla Sunlife Mutual Fund, Nippon Mutual Fund, Kotak Mutual Fund, UTI Mutual Fund, Axis Mutual Fund and many more.