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Dharani Finance

₹6.9 -0.6 | 7.7%

Market Cap ₹3 Cr.

Stock P/E -11.3

P/B 0.4

Current Price ₹6.9

Book Value ₹ 16.2

Face Value 10

52W High ₹7.7

Dividend Yield 0%

52W Low ₹ 4.6

Dharani Finance Research see more...

Overview Inc. Year: 1990Industry: Finance - Investment

Dharani Finance Share Price

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Dharani Finance Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Operating Revenue 0 0 0 0 0 0 0 0 0 -0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 -0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit 0 0 -0 0 0 -0 -0 -0 0 -0
Interest Expense 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 -0 0
Profit Before Tax 0 -0 -0 0 0 -0 -0 -0 0 -0
Provision for Tax -0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 -0 -0 0 0 -0 -0 -0 0 -0
Adjustments 0 0 0 0 0 0 0 -0 0 0
Profit After Adjustments 0 -0 -0 0 0 -0 -0 -0 0 -0
Adjusted Earnings Per Share 0.2 -0.1 -0.2 0.2 0 -0.2 -0.2 -0.1 0.3 -0.6

Dharani Finance Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Operating Revenue 3 2 2 2 0 3 1 1 1 1 1 0
Other Income 0 1 1 0 3 1 0 0 0 0 0 0
Total Income 3 3 3 3 3 4 1 1 1 1 1 0
Total Expenditure 2 2 3 2 2 2 1 1 0 1 1 0
Operating Profit 1 1 0 0 0 2 0 0 0 0 0 0
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 0 0 0 0 1 0 0 0 0 -0 0
Provision for Tax -0 -0 0 0 0 0 0 1 0 0 0 0
Profit After Tax -0 0 0 0 0 1 -0 -0 0 0 -0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 0 0 0 0 1 -0 -0 0 0 -0 0
Adjusted Earnings Per Share -0.1 0.7 0.3 0.6 0.7 2.8 -0.1 -0.6 0 0.6 -0.3 -0.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% -20% -10%
Operating Profit CAGR 0% 0% -100% -100%
PAT CAGR 0% 0% -100% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 3% 10% 19% 7%
ROE Average -2% 1% -0% 3%
ROCE Average -1% 1% 2% 4%

Dharani Finance Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 6 7 7 7 8 9 8 8 8 8 8
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Current Liability 0 0 1 0 0 1 1 1 1 1 1
Other Liabilities & Provisions -0 -0 -0 -0 0 0 -0 0 0 0 0
Total Liabilities 7 7 7 8 8 10 9 9 9 9 10
Loans 0 0 0 0 0 0 0 0 0 0 0
Investments 3 3 2 4 4 0 0 0 0 1 0
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Loans 0 0 0 0 0 7 6 6 6 6 6
Other Non Current Assets 0 0 0 0 1 0 0 0 0 0 0
Current Assets 3 3 4 3 3 3 2 2 2 3 3
Total Assets 7 7 7 8 8 10 9 9 9 9 10

Dharani Finance Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 2 1 1 2 0 0 0 0 0 0 0
Cash Flow from Operating Activities 1 0 -0 -0 -0 -4 0 0 0 -0 -0
Cash Flow from Investing Activities -1 -0 1 -2 0 4 0 0 0 0 0
Cash Flow from Financing Activities -0 0 0 0 0 0 -0 -0 -0 -0 -0
Net Cash Inflow / Outflow -1 -0 1 -2 0 -0 -0 0 0 -0 -0
Closing Cash & Cash Equivalent 1 1 2 0 0 0 0 0 0 0 0

Dharani Finance Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -0.06 0.68 0.31 0.65 0.66 2.79 -0.06 -0.56 0.02 0.61 -0.25
CEPS(Rs) 1.18 2.03 0.43 0.71 0.73 2.94 0.08 -0.27 0.34 0.92 0.06
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 12.81 13.49 13.79 14.44 15.1 17.88 16.3 16.14 15.78 16.42 16.21
Net Profit Margin -0.98 16.11 6.62 13.79 291.44 52.5 -2.98 -29.44 1.87 30.02 -21.67
Operating Margin -2.92 11.71 9.17 18.88 382.49 56.25 12.14 25.85 10.38 30.79 -17.99
PBT Margin -2.98 11.67 9.07 18.82 373.28 55.02 6.43 23.06 7.12 30.02 -21.67
ROA(%) -0.41 4.92 2.15 4.34 4.22 15.13 -0.33 -3.22 0.11 3.28 -1.33
ROE(%) -0.45 5.15 2.26 4.58 4.47 16.89 -0.37 -3.47 0.13 3.77 -1.55
ROCE(%) -1.34 3.74 3.12 6.26 5.86 17.87 1.48 3.02 0.7 3.87 -1.29
Price/Earnings(x) 0 6.65 12.74 7.98 7.21 3.84 0 0 271.29 11.26 0
Price/Book(x) 0.43 0.33 0.28 0.36 0.32 0.6 0.22 0.22 0.35 0.42 0.43
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.58 0.46 -0.19 0.71 12.36 2.02 1.68 1.77 4.94 3.32 5.83
EV/Core EBITDA(x) 3.21 1.04 -1.62 3.48 3.01 3.42 8.84 4.29 12.22 7.2 67.69
Interest Earned Growth(%) -9.12 -28.46 10.65 0.81 -95.17 2242.18 -60.04 -9.92 -43.43 87.36 -42.21
Net Profit Growth -106.39 1279.3 -54.55 110.06 2.15 321.93 -102.26 -791.43 103.6 2903.96 -141.73
EPS Growth(%) -106.39 1279.3 -54.56 110.09 2.15 321.95 -102.27 -790.97 103.59 2907.43 -141.73
Interest Coverage(x) % -54.25 305.98 93.76 330.46 41.54 45.58 2.13 9.27 3.18 39.9 -4.89

Dharani Finance Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 28.24 28.24 28.24 28.24 28.24 28.24 28.24 28.24 28.24 28.24
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 71.76 71.76 71.76 71.76 71.76 71.76 71.76 71.76 71.76 71.76
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.4 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 28.24%.
  • Company has a low return on equity of 1% over the last 3 years.
  • The company has delivered a poor profit growth of -100% over past five years.

* 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.

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