Dharni Capital Services Ltd.

Dharni Capital Services Ltd.

BBSE:DHARNI
55.25
INR
+0.25
(+0.45%)
1.27BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.1
1.25
7.19
2.94
4.02
3.2
4.69
- -
Basic EPS, GAAP
0.01
0.07
0.47
0.75
1.53
1.89
2.29
- -
Free Cash Flow per Basic Share
- -
0.07
0.41
0.27
-1.4
-2.54
-1.15
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.02
0.05
1.11
6.97
8.5
10.39
12.68
12.68
Tangible Book Value per Share
-0.02
0.05
1.11
6.97
8.5
10.39
12.68
12.68
Basic Weighted Avg Shares
20
20
20
16
20
20
20
20
Sales/Revenue/Turnover
2
26
147
47
82
65
96
- -
Operating Margin (%)
5.11
8.1
8.51
27.71
33.73
37.56
30.85
- -
Depreciation Expense
- -
- -
1
- -
1
1
3
- -
Net Income, GAAP
- -
2
10
12
31
39
47
- -
Effective Tax Rate (%)
- -
21.86
25.06
25.48
24.98
24.88
25
- -
Profit Margin (%)
6.77
5.97
6.59
25.32
37.9
59.05
48.87
- -
Working Capital
1
- -
10
116
78
31
-31
-31
LT Debt
2
1
- -
- -
- -
17
- -
- -
Total Equity
- -
1
23
142
173
212
258
258
Return on Invested Capital (%)
- -
78.36
75.53
11.76
13.15
9.06
8.35
- -
Return on Capital (%)
- -
78.48
78.12
14.46
19.73
19.08
17.84
- -
Return on Common Equity (%)
- -
- -
81.19
14.46
19.73
20.03
19.87
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
4
- -
38
LT Borrowings
17
9
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
1,033
1,148
1,268

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
41
63
18
Cash, Cash Equivalents & STI
- -
42
1
Accounts Receivable, Net
3
10
5
Inventories
- -
- -
- -
Total Current Liabilities
9
8
49
Payables & Accruals
- -
- -
- -
ST Debt
4
- -
38
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
504.82%
22.06%
Free Cash Flow
- -
-53.53%
-54.67%
Net Income, GAAP
- -
152.46%
21.18%
Sales/Revenue/Turnover
- -
101.24%
46.44%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
82
2025
- -
31
65
2026
- -
29
96

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.53
2025
- -
0.79
1.89
2026
- -
0.76
2.29

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Hemant Dharnidharka
Full Time Employees
6
Sector
Finance
Industry
Investment managers
Address
Oxford Towers, Old Airport Road Bangalore KA India 560008
IPO Date
Jan 31, 2023
Business
Dharni Capital Services Ltd is an India-based diversified financial services company founded in 2015 and headquartered in Bengaluru. The company operates across multiple financial service domains including investment advisory services, mutual fund distribution, fixed deposit distribution, real estate brokerage, technical consulting, outsourcing, financial restructuring, fund raising, succession planning, and estate planning. It offers a technology-enabled investment and financial services platform with comprehensive end-to-end solutions for financial product distribution through both online and offline channels. Dharni Capital is a prominent distributor of mutual funds and fixed deposits, partnering with reputed institutions such as HDFC Ltd, Shriram Transport Finance Limited, ICICI Home Finance Limited, and PNB Housing Finance Limited. The real estate division provides advisory services for individual and corporate real estate investments, working with major developers like Prestige Estate Projects and Embassy Group. The technical consulting segment leverages a network of professionals from IIT, IIM, and other qualifications to undertake and outsource client projects. Recent key developments include the company's plan to acquire a 49% stake in a proposed non-banking finance company, which represents a strategic shift to expand its financial services footprint. Additionally, it reappointed its Managing Director and continued strengthening its technology platform to enhance client servicing and product offerings. Dharni Capital serves customers primarily in India, with a focus on expanding its asset under management and portfolio of financial products to meet growing market demands. The company reported strong financial growth in recent years, driven by escalated assets under management and enhanced distribution capabilities.