Dharani Finance Ltd
Dharani Finance is a Non-Banking Finance Company (NBFC) and carrying on non banking financial services.
- Market Cap ₹ 3.32 Cr.
- Current Price ₹ 6.65
- High / Low ₹ 7.88 / 4.59
- Stock P/E
- Book Value ₹ 15.9
- Dividend Yield 0.00 %
- ROCE -1.33 %
- ROE -1.59 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.42 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -26.4% over past five years.
- Promoter holding is low: 28.2%
- Company has a low return on equity of 0.74% over last 3 years.
- Company has high debtors of 787 days.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3.51 | 2.98 | 3.14 | 2.35 | 2.43 | 2.58 | 2.69 | 1.06 | 0.96 | 0.54 | 1.01 | 0.58 | 0.96 | |
2.28 | 2.45 | 2.24 | 2.63 | 1.98 | 2.36 | 2.18 | 0.91 | 0.66 | 0.33 | 0.61 | 0.55 | 0.98 | |
Operating Profit | 1.23 | 0.53 | 0.90 | -0.28 | 0.45 | 0.22 | 0.51 | 0.15 | 0.30 | 0.21 | 0.40 | 0.03 | -0.02 |
OPM % | 35.04% | 17.79% | 28.66% | -11.91% | 18.52% | 8.53% | 18.96% | 14.15% | 31.25% | 38.89% | 39.60% | 5.17% | -2.08% |
0.00 | 0.00 | 0.02 | 0.55 | 0.02 | 0.24 | 1.05 | 0.05 | 0.10 | 0.01 | 0.07 | 0.02 | 0.00 | |
Interest | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.06 | 0.03 | 0.02 | 0.01 | 0.02 | 0.01 |
Depreciation | 0.56 | 0.62 | 0.68 | 0.06 | 0.03 | 0.03 | 0.08 | 0.07 | 0.15 | 0.16 | 0.16 | 0.16 | 0.11 |
Profit before tax | 0.66 | -0.09 | 0.24 | 0.21 | 0.44 | 0.42 | 1.45 | 0.07 | 0.22 | 0.04 | 0.30 | -0.13 | -0.14 |
Tax % | 31.82% | 66.67% | -37.50% | 23.81% | 27.27% | 21.43% | 4.14% | 142.86% | 227.27% | 75.00% | 0.00% | 0.00% | |
0.45 | -0.03 | 0.34 | 0.15 | 0.32 | 0.33 | 1.39 | -0.03 | -0.28 | 0.01 | 0.30 | -0.13 | -0.12 | |
EPS in Rs | 0.90 | -0.06 | 0.68 | 0.30 | 0.64 | 0.66 | 2.78 | -0.06 | -0.56 | 0.02 | 0.60 | -0.26 | -0.24 |
Dividend Payout % | 77.78% | 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: | -15% |
5 Years: | -26% |
3 Years: | -15% |
TTM: | 66% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
TTM: | -140% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 15% |
3 Years: | 6% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 0% |
3 Years: | 1% |
Last Year: | -2% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 5.00 |
Reserves | 1.43 | 1.40 | 1.74 | 1.89 | 2.22 | 2.55 | 3.94 | 3.14 | 3.06 | 2.89 | 3.21 | 3.10 | 2.92 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.13 | 0.24 | 0.13 | 0.03 | 0.22 | 0.18 | |
0.99 | 0.59 | 0.64 | 0.73 | 0.58 | 0.67 | 1.30 | 0.89 | 0.56 | 1.02 | 1.22 | 1.27 | 1.34 | |
Total Liabilities | 7.42 | 6.99 | 7.38 | 7.62 | 7.80 | 8.22 | 10.44 | 9.16 | 8.86 | 9.04 | 9.46 | 9.59 | 9.44 |
0.72 | 0.43 | 0.25 | 0.19 | 0.15 | 0.12 | 0.37 | 0.30 | 0.43 | 0.27 | 0.11 | 0.24 | 0.16 | |
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 | 0.00 |
Investments | 2.35 | 2.71 | 2.90 | 2.10 | 3.79 | 4.04 | 0.46 | 0.41 | 0.20 | 0.28 | 0.55 | 0.36 | 0.09 |
4.35 | 3.85 | 4.23 | 5.33 | 3.86 | 4.06 | 9.61 | 8.45 | 8.23 | 8.49 | 8.80 | 8.99 | 9.19 | |
Total Assets | 7.42 | 6.99 | 7.38 | 7.62 | 7.80 | 8.22 | 10.44 | 9.16 | 8.86 | 9.04 | 9.46 | 9.59 | 9.44 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.81 | 0.00 | 0.08 | -0.02 | -0.16 | -0.04 | -3.87 | 0.06 | 0.16 | 0.04 | -0.01 | -0.01 | |
-0.26 | 0.00 | -0.11 | 0.93 | -1.97 | 0.04 | 3.79 | 0.05 | 0.08 | 0.00 | 0.00 | 0.01 | |
-0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | -0.15 | -0.19 | -0.03 | -0.01 | -0.02 | |
Net Cash Flow | 0.25 | 0.00 | -0.03 | 0.91 | -2.13 | 0.00 | -0.01 | -0.04 | 0.05 | 0.01 | -0.02 | -0.02 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 125.83 | 218.02 | 204.59 | 270.26 | 279.38 | 281.53 | 265.95 | 337.45 | 452.45 | 844.91 | 458.96 | 786.64 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 125.83 | 218.02 | 204.59 | 270.26 | 279.38 | 281.53 | 265.95 | 337.45 | 452.45 | 844.91 | 458.96 | 786.64 |
Working Capital Days | 62.39 | 225.37 | 183.66 | 223.66 | 261.36 | 216.45 | 177.75 | 241.04 | 513.28 | 844.91 | 491.49 | 975.43 |
ROCE % | 10.45% | -1.40% | 3.35% | 2.79% | 6.09% | 4.74% | 17.74% | 1.49% | 3.02% | 0.74% | 3.81% | -1.33% |
Documents
Announcements
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PCS Certificate For Transfer/Transmission - 31St March 2024
13 Apr - Compliance Certificate issued by the PCs in terms of the Regulation 40(9) of the SEBI (LODR) Reg 2015 for the year ended 31st March 2024
- Compliance Certificate Reg 7(3) Of SEBI (LODR) Reg, 2015 - 31St March 2024 4 Apr
- Disclosure Under Regulation 31(4) Of SEBI SASTA Reg 2011 - 31St March 2024 3 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - The details of Securities dematerialised during the aforesaid period (31st Mar 2024) as required under Reg 74(5) of SEBI (DP) Reg, 2018 have been furnished …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1 Apr - The requirement of filing Annual Secretarial Compliance Report for the year ended 31st Mar 2024 under the SEBI (LODR) Reg is not applicable to the …
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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