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Dhani Services Limited

Dhani Services Limited

DHANI.BO
Dhani Services LimitedIN flagBombay Stock Exchange
51.20
INR
-4.82
- -
31.74BMarket Cap
Dhani Services Limited
DHANI.BO
(Bombay Stock Exchange)

Recent

price

51.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
13.56
14.21
6.45
7.23
11.83
12.43
12.34
13.29
17.64
34.29
36.94
22.68
22.29
9.59
6.44
5.86
5.63
Revenue per Share
2.68
-0.11
-0.44
2.74
4.39
5.82
2.53
3.47
4.88
8.42
0.07
-4.16
-15.41
-8.31
-6.49
-0.95
0.59
Basic EPS, GAAP
-1.8
5.89
10.97
-4.2
16.03
-10.51
-0.77
6.42
-69.45
-130.84
88.88
16.49
-15.07
13.83
-4.23
1.63
- -
Free Cash Flow per Basic Share
2.02
2.97
- -
1.97
3.97
3.99
2.99
- -
0.74
1.01
3.49
0.01
0.01
0.01
- -
- -
- -
Dividend per Share
1.83
2
7.96
6.97
5.46
6.86
5.3
5.8
8.64
13.04
8.18
5.64
-10.51
-17.96
-24.1
-37.11
- -
Book Value per Share
9.22
10.19
10.08
9.35
9.92
8.29
6.94
14.02
43.21
119.15
92.04
100.23
90.14
64.07
57.27
48.29
- -
Tangible Book Value per Share
251
231
231
231
231
259
292
295
429
545
588
541
562
577
578
578
570
Basic Weighted Avg Shares
3,407
3,286
1,492
1,671
2,736
3,218
3,604
3,920
7,574
18,689
21,738
12,263
12,535
5,538
3,726
3,392
3,211
Sales/Revenue/Turnover
32.37
-94.88
-17.64
23.94
54.93
46.18
21.15
30.93
38.76
43.34
23.92
16.1
-82.65
-78.04
-71.77
-17.34
-8.4
Operating Margin (%)
214
182
120
78
50
131
229
238
120
270
1,161
840
950
908
627
301
230
Depreciation Expense
674
-25
-103
633
1,016
1,506
738
1,023
2,095
4,591
43
-2,251
-8,664
-4,796
-3,752
-548
339
Net Income, GAAP
33.9
33.15
- -
- -
34.08
22.39
3.79
29.93
25.39
26.85
- -
- -
- -
- -
- -
- -
67.97
Effective Tax Rate (%)
19.8
-0.75
-6.87
37.88
37.14
46.82
20.49
26.09
27.66
24.57
0.2
-18.35
-69.11
-86.6
-100.69
-16.16
10.56
Profit Margin (%)
- -
- -
1,079
999
1,154
-464
-262
2,910
9,628
34,377
47,636
38,123
18,052
21,925
14,774
15,173
- -
Working Capital
3,405
106
5
8
9
3,305
3,919
278
26,096
39,643
33,015
19,676
10,334
7,808
5,628
4,646
- -
LT Debt
2,316
2,446
2,346
2,176
2,366
3,288
3,316
4,224
18,982
65,751
55,877
56,125
52,710
38,695
34,605
28,768
- -
Total Equity
14.87
-40.69
- -
- -
20.97
8.82
3.3
3.88
4.99
5.37
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
24.36
-0.77
- -
- -
26.98
14.83
5.34
6.56
7.05
7.78
- -
- -
- -
- -
- -
- -
-22.37
Return on Capital (%)
132.9
-5.36
-8.9
36.66
70.73
99.19
44.44
62.74
77.33
84.89
0.73
-57.26
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
434
- -
LT Borrowings
- -
4,487
- -
LT Finance Leases
- -
159
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
582
- -
Market Capitalization
54,077
32,830
39,160

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
18,860
- -
Cash, Cash Equivalents & STI
- -
3,675
- -
Accounts Receivable, Net
- -
497
- -
Inventories
- -
3,176
- -
Total Current Liabilities
- -
3,687
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
434
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
54.93%
-11.93%
-16.87%
Free Cash Flow
-347.87%
-148.26%
-138.45%
Net Income, GAAP
-505.59%
-1,033.67%
-85.39%
Sales/Revenue/Turnover
13.82%
-27.77%
-8.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
997
959
939
831
3,726
2025
1,031
1,013
907
442
3,392
2026
850
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.6
-1.81
-1.55
- -
-6.49
2025
-1.43
0.28
0.08
- -
-0.95
2026
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Dhani Services Limited (DHANI.BO), formerly Indiabulls Ventures Limited, operates as a technology-driven financial services provider offering digital healthcare, subscription-based transaction finance, e-commerce, and broking solutions through its Dhani app; core products and services include personal loans and business installment loans, pharmaceutical products via an expanded daily needs store encompassing over 500,000 items in apparel, electronics, household goods, groceries, personal care, and medicines with pan-India delivery; UPI payments with credit card linkage and cashback rewards; demat and trading in equities, intraday, delivery, commodities, and derivatives; bill payments for utilities, EMIs, insurance premiums, and more; prepaid wallet for remittances and mobile recharges; telemedicine consultations; and asset reconstruction of stressed assets. The company, founded in 1995 and headquartered in Gurugram, Haryana, with key offices in Mumbai, primarily serves retail consumers and small businesses across India in the fintech, healthcare, and capital markets sectors. In a major strategic restructuring effective October 14, 2025, Dhani Services merges with Yaari Digital Integrated Services Limited and 17 other Indiabulls Group entities into Indiabulls Enterprises Limited under a NCLT-approved scheme, with a record date of October 28, 2025, for share entitlement at ratios of 294 fully paid shares and 162 partly paid shares (55% paid-up) per 100 Dhani shares, aiming to streamline operations, enhance efficiency, and focus on core digital finance and integrated services.