Dharni Capital Services Ltd
Incorporated in 2015, Dharni Capital Services
Ltd provides diversified financial services[1]
- Market Cap ₹ 97.6 Cr.
- Current Price ₹ 47.9
- High / Low ₹ 52.3 / 34.5
- Stock P/E 33.0
- Book Value ₹ 9.20
- Dividend Yield 0.00 %
- ROCE 25.0 %
- ROE 18.8 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.1.40 Cr.
- Working capital days have increased from 69.5 days to 183 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 0.24 | 0.20 | 2.55 | 14.69 | 4.98 | 9.25 | 6.33 | |
| 0.17 | 0.15 | 2.33 | 13.35 | 3.36 | 5.17 | 3.61 | |
| Operating Profit | 0.07 | 0.05 | 0.22 | 1.34 | 1.62 | 4.08 | 2.72 |
| OPM % | 29.17% | 25.00% | 8.63% | 9.12% | 32.53% | 44.11% | 42.97% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 1.40 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.04 | 0.03 | 0.02 | 0.05 | 0.05 | 0.17 | 0.16 |
| Profit before tax | 0.03 | 0.02 | 0.20 | 1.29 | 1.59 | 3.92 | 3.96 |
| Tax % | -33.33% | 0.00% | 20.00% | 25.58% | 25.16% | 24.74% | |
| 0.03 | 0.01 | 0.15 | 0.97 | 1.19 | 2.94 | 2.96 | |
| EPS in Rs | 3.00 | 1.00 | 15.00 | 0.65 | 0.58 | 1.44 | 1.45 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 108% |
| 3 Years: | 54% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 150% |
| 3 Years: | 170% |
| TTM: | 36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 1.50 | 2.04 | 2.04 | 2.04 |
| Reserves | -0.06 | -0.05 | 0.10 | 0.77 | 12.16 | 15.10 | 16.71 |
| 0.26 | 0.22 | 0.09 | 0.00 | 0.00 | 0.00 | 0.74 | |
| 0.01 | 0.01 | 0.06 | 0.19 | 0.11 | 0.19 | 0.27 | |
| Total Liabilities | 0.22 | 0.19 | 0.26 | 2.46 | 14.31 | 17.33 | 19.76 |
| 0.10 | 0.08 | 0.16 | 0.11 | 0.75 | 0.95 | 0.90 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 1.15 | 1.86 | 10.60 | 15.78 |
| 0.12 | 0.11 | 0.10 | 1.20 | 11.70 | 5.78 | 3.08 | |
| Total Assets | 0.22 | 0.19 | 0.26 | 2.46 | 14.31 | 17.33 | 19.76 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 0.02 | 0.25 | 0.85 | 1.11 | 1.95 | ||
| -0.01 | -0.12 | -1.11 | -1.42 | -12.29 | ||
| -0.03 | -0.13 | 1.10 | 10.74 | 0.00 | ||
| Net Cash Flow | -0.02 | 0.00 | 0.83 | 10.43 | -10.33 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 15.21 | 18.25 | 0.00 | 4.97 | 0.73 | 4.74 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 15.21 | 18.25 | 0.00 | 4.97 | 0.73 | 4.74 |
| Working Capital Days | 91.25 | 164.25 | 4.29 | 3.48 | 21.99 | 183.09 |
| ROCE % | 10.26% | 105.26% | 104.45% | 19.31% | 25.02% |
Documents
Announcements
- Financial Results For The Half Year Ended On 30Th September, 2024 13 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 13Th November, 2024
13 Nov - Board approved un-audited financial results for H1 2024.
-
Board Meeting Intimation for Meeting To Be Held On 13Th November, 2024
7 Nov - Notice of board meeting to approve financial results.
-
Statement Of Deviation Or Variation Of Proceeds Of Public Issue, Right Issue, Preferential Issue, Qualified Institutions Placement (QIP) For The Quarter Ended On 30Th September, 2024.
9 Oct - Statement of deviation in fund utilization for Q2 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Certificate under Regulation 74(5) for Q3 2024.
Business Overview:[1]
DCSL provides financial and capital services. It also offers a technology enabled, comprehensive Investment and Financial services platform with end-to-end solutions for the financial product distribution and presence across both online and offline channels.