Dhani Services Ltd
Dhani Services Ltd is primarily engaged in providing technology enabled subscription based healthcare and transaction finance services through its 'Dhani' App. It is also engaged in diverse business activities including Asset reconstruction, stock broking, etc.[1]
- Market Cap ₹ 3,445 Cr.
- Current Price ₹ 57.1
- High / Low ₹ 110 / 37.0
- Stock P/E
- Book Value ₹ 45.0
- Dividend Yield 0.00 %
- ROCE -5.16 %
- ROE -10.1 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -25.8% over past five years.
- Promoter holding is low: 29.1%
- Company has a low return on equity of -12.8% over last 3 years.
- Earnings include an other income of Rs.63.1 Cr.
- Debtor days have increased from 58.1 to 70.5 days.
- Promoter holding has decreased over last 3 years: -3.87%
* 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
Part of BSE Allcap BSE SmallCap BSE Financial Services Nifty Microcap 250 Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
191 | 284 | 398 | 397 | 413 | 980 | 1,993 | 2,915 | 1,347 | 1,434 | 612 | 448 | 422 | |
122 | 119 | 140 | 162 | 201 | 478 | 750 | 1,952 | 963 | 1,986 | 968 | 650 | 477 | |
Operating Profit | 69 | 165 | 258 | 236 | 213 | 502 | 1,243 | 963 | 384 | -551 | -356 | -202 | -54 |
OPM % | 36% | 58% | 65% | 59% | 51% | 51% | 62% | 33% | 29% | -38% | -58% | -45% | -13% |
7 | 18 | 10 | 12 | 96 | 15 | 4 | 4 | 9 | 29 | 109 | 24 | 63 | |
Interest | 8 | 24 | 61 | 148 | 139 | 224 | 591 | 824 | 518 | 284 | 170 | 94 | 72 |
Depreciation | 8 | 5 | 13 | 23 | 24 | 12 | 27 | 116 | 84 | 95 | 91 | 63 | 39 |
Profit before tax | 61 | 154 | 194 | 77 | 146 | 281 | 629 | 27 | -209 | -901 | -508 | -334 | -102 |
Tax % | -4% | 34% | 22% | 4% | 30% | 25% | 27% | -55% | 10% | -4% | -5% | 12% | |
63 | 102 | 151 | 74 | 102 | 210 | 460 | 42 | -230 | -860 | -481 | -374 | -159 | |
EPS in Rs | 2.31 | 3.70 | 4.86 | 2.12 | 2.69 | 3.99 | 7.59 | 0.09 | -4.27 | -14.42 | -7.95 | -6.22 | -2.45 |
Dividend Payout % | 110% | 18% | 52% | 119% | 31% | 22% | 15% | 3,836% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -26% |
3 Years: | -31% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -32% |
TTM: | 67% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | -12% |
3 Years: | 2% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -8% |
3 Years: | -13% |
Last Year: | -10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 52 | 59 | 64 | 93 | 113 | 102 | 115 | 121 | 122 | 122 | 122 |
Reserves | 171 | 190 | 278 | 273 | 402 | 1,806 | 6,312 | 4,925 | 5,068 | 4,942 | 3,692 | 3,324 | 2,590 |
137 | 368 | 1,690 | 2,193 | 1,519 | 4,929 | 8,648 | 5,410 | 3,739 | 2,482 | 1,021 | 697 | 577 | |
191 | 214 | 405 | 196 | 231 | 930 | 942 | 1,129 | 1,200 | 1,079 | 479 | 379 | 471 | |
Total Liabilities | 546 | 818 | 2,425 | 2,720 | 2,215 | 7,758 | 16,015 | 11,566 | 10,121 | 8,624 | 5,314 | 4,521 | 3,760 |
32 | 34 | 664 | 660 | 86 | 66 | 118 | 755 | 409 | 537 | 319 | 252 | 140 | |
CWIP | 1 | 0 | 11 | 36 | 8 | 5 | 9 | 6 | 6 | 7 | 4 | 0 | 0 |
Investments | 43 | 32 | 69 | 0 | 163 | 499 | 638 | 634 | 1,420 | 588 | 510 | 55 | 88 |
470 | 751 | 1,680 | 2,023 | 1,959 | 7,188 | 15,250 | 10,171 | 8,286 | 7,492 | 4,481 | 4,214 | 3,532 | |
Total Assets | 546 | 818 | 2,425 | 2,720 | 2,215 | 7,758 | 16,015 | 11,566 | 10,121 | 8,624 | 5,314 | 4,521 | 3,760 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-94 | 376 | -268 | 10 | 203 | -2,912 | -7,044 | 6,040 | 925 | -702 | 848 | -231 | |
66 | 166 | -330 | -77 | 120 | -537 | -204 | -848 | -537 | 774 | 77 | 491 | |
40 | -431 | 994 | 196 | -247 | 4,473 | 7,062 | -4,093 | -1,168 | -801 | -1,168 | -318 | |
Net Cash Flow | 13 | 112 | 397 | 129 | 76 | 1,024 | -185 | 1,099 | -780 | -729 | -244 | -58 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 115 | 178 | 228 | 292 | 298 | 98 | 50 | 19 | 38 | 33 | 71 | 70 |
Inventory Days | 240 | 1,558 | 3,482 | |||||||||
Days Payable | 284 | 124 | 273 | |||||||||
Cash Conversion Cycle | 115 | 178 | 228 | 292 | 298 | 98 | 50 | 19 | 38 | -11 | 1,505 | 3,279 |
Working Capital Days | 30 | 212 | 503 | 779 | 660 | -103 | 143 | 169 | 185 | 232 | 774 | 873 |
ROCE % | 22% | 38% | 19% | 10% | 12% | 11% | 11% | 6% | 3% | -7% | -5% | -5% |
Documents
Announcements
-
Board Meeting Intimation for For Consideration And Approval Of Audited Financial Results Of Dhani Services Limited ('The Company') For The Quarter And Financial Year Ended March 31, 2025
2d - Board meeting on May 2 to approve FY25 audited results; trading window closed till May 4.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Certificate under Regulation 74(5) for Q1 2025.
-
Compliance Status Of Regulation 6 (1) And 7(1) Of SEBI (LODR) Regulations, 2015, As Amended, For The Quarter Ended March 31, 2025
9 Apr - Compliance with SEBI regulations for Q1 2025.
-
Voting Result And Scrutinizer Report On National Company Law Tribunal, Chandigarh Bench ('NCLT'), Convened Meeting Of The Equity Shareholders Of Dhani Services Limited ('The Company') Held On Saturday, March 29, 2025.
4 Apr - Voting results of NCLT convened meeting approved.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
30 Mar - Voting results for Scheme of Arrangement approved.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Jun 2022TranscriptPPT
-
Sep 2021Transcript PPT
-
Jun 2021TranscriptPPT
-
Feb 2021TranscriptPPT
-
Dec 2020TranscriptNotesPPT
-
Nov 2017TranscriptNotesPPT
Service Offerings
Daily Needs Store: The Co. had originally launched Dhani Store as Dhani Pharmacy. To serve the diverse needs of consumers, it has expanded its product offerings to include electronics, personal care, daily household items, and groceries.
Payments Services: The Co.’s electronic wallet service allows customers to add money to their Dhani Wallet account from bank accounts, which can then be used to pay bills, mobile phone charges, gift vouchers, and book bus rides.
Trading Services: The Co. has a brokerage platform that offers trading services to customers at competitive prices. [1]