Dharani Finance
Financial Services
511451 BSE
₹10.65 −0.25 (−2.29%)
- P/E
- 9.03
Close 4 Nov 2026 ₹10.65 −2.89 −21.3% 1Y
Start ₹13.54
Key Fundamentals
MicrocapFinanceFinancial ServicesPrice-based figures as of · EPS basis: Standalone · TTM
- Debt to Equity
- 0.06
- EPS (TTM)
- ₹1.18
- Book Value
- ₹20.08
- Market Cap
- —
- P/E (TTM)
- 9.03
- P/B
- 0.53
- ROE
- 5.64%
- Dividend Yield
- 0.00%
- 52W High
- ₹17.00
- 52W Low
- ₹8.36
- Day Range
- ₹10.64 – ₹11.98
- Volume
- 1,951
- ROCE
- Not meaningful for a lender: the ratio describes an industrial company’s balance sheet
- EBITDA
- Not meaningful for a lender: the ratio describes an industrial company’s balance sheet
Peer Comparison
Financial Services › NBFC › Non Banking Financial Company (NBFC)
| ₹994.00 | 28.53 | ₹6,11,015 Cr | 5.02 | 0.62% | 18.20% | — | ₹90,331 Cr | ₹22,067 Cr | |
| ₹908.75 | 15.19 | ₹2,13,704 Cr | 1.92 | 0.73% | 16.40% | — | ₹51,877 Cr | ₹12,688 Cr | |
| ₹1,658.00 | 24.45 | ₹1,42,243 Cr | 4.10 | 0.12% | 19.40% | — | ₹32,663 Cr | ₹5,751 Cr | |
| ₹337.75 | 26.24 | ₹1,41,036 Cr | 2.93 | 0.17% | 12.40% | — | ₹32,695 Cr | ₹5,478 Cr | |
| ₹2,709.80 | 9.57 | ₹1,04,354 Cr | 2.48 | 1.19% | 30.90% | — | ₹33,431 Cr | ₹11,457 Cr | |
| ₹263.70 | 20.75 | ₹63,912 Cr | 2.26 | 1.09% | 11.20% | — | ₹18,898 Cr | ₹3,198 Cr | |
| ₹553.00 | 23.14 | ₹52,160 Cr | 3.06 | 0.47% | 14.70% | — | ₹20,063 Cr | ₹2,275 Cr | |
| Dharani Finance (this company) | ₹10.65 | 9.03 | ₹5 Cr | 0.53 | 0.00% | 5.64% | — | ₹1 Cr | ₹1 Cr |
| Median 8 companies | ₹730.88 | 21.95 | ₹1,22,695 Cr | 2.71 | 0.54% | 15.55% | — | ₹32,679 Cr | ₹5,615 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
55 Good
Data confidence 82/100
Category scores
- Quality
- 59
- Good
- Returns, margins, earnings quality 24% weight
- Valuation
- 62
- Good
- Cheap vs sector & own history 26% weight
- Growth
- 48
- Average
- Sales & profit trajectory 10% weight
- Momentum
- 58
- Good
- Trend strength, vol-adjusted 13% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 26% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 0.52 times its book value
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.7%
- Company has a low return on equity of 4.01% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 6 | 3 |
| Oscillators | Bullish | 0 | 6 | 3 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bullish
Bearish
0
Neutral
6
Bullish
3
Overall
Strong Bearish
Bearish
10
Neutral
6
Bullish
3
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 42.50
- Neutral
- MACD (12,26,9)
- −0.35
- Bullish
- SMA (50)
- 11.91
- Bearish
- SMA (200)
- 11.22
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −5.43% |
|---|---|
| 5Y | +20.82% |
| 3Y | +33.82% |
| 1Y | −0.71% |
| TTM | +4.32% |
Net profit
| 10Y | +5.57% |
|---|---|
| 5Y | +122.88% |
| 3Y | Turned to profit |
| 1Y | −34.52% |
| TTM | −14.49% |
Operating cash flow
Not meaningful
A bank's or NBFC's operating cash flow moves with deposits and loans, so its growth says little about the business.
Revenue by year
| Mar 2017 | ₹2.58 Cr |
|---|---|
| Mar 2018 | ₹2.69 Cr |
| Mar 2019 | ₹1.06 Cr |
| Mar 2020 | ₹0.96 Cr |
| Mar 2021 | ₹0.54 Cr |
| Mar 2022 | ₹1.01 Cr |
| Mar 2023 | ₹0.58 Cr |
| Mar 2024 | ₹0.74 Cr |
| Mar 2025 | ₹1.40 Cr |
| Mar 2026 | ₹1.39 Cr |
Net profit by year
| Mar 2017 | ₹0.33 Cr |
|---|---|
| Mar 2018 | ₹1.39 Cr |
| Mar 2019 | −₹0.03 Cr |
| Mar 2020 | −₹0.28 Cr |
| Mar 2021 | ₹0.01 Cr |
| Mar 2022 | ₹0.30 Cr |
| Mar 2023 | −₹0.13 Cr |
| Mar 2024 | −₹0.30 Cr |
| Mar 2025 | ₹0.84 Cr |
| Mar 2026 | ₹0.55 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.13 | 0.26 | 0.44 | −0.07 | 0.38 | 0.23 | 0.42 | 0.38 | 0.36 | 0.33 | 0.37 | 0.33 | 0.42 |
| Expenses | 0.21 | 0.29 | 0.28 | 0.22 | 0.04 | 0.1 | 0.17 | 0.17 | 0.12 | 0.1 | 0.07 | 0.21 | 0.11 |
| Financing Profit | −0.08 | −0.04 | 0.16 | −0.29 | 0.34 | 0.13 | 0.25 | 0.21 | 0.24 | 0.23 | 0.32 | 0.11 | 0.3 |
| Fin. Margin % | −61.54% | −15.38% | 36.36% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 89.47% | 56.52% | 59.52% | 55.26% | 66.67% | 69.7% | 86.49% | 33.33% | 71.43% |
| Other Income | 0 | 0 | 0 | 0.04 | 0 | 0 | 0.01 | 0.01 | 0 | 0 | 0 | 0.01 | 0 |
| Interest | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0.02 | 0.01 | 0.01 |
| Depreciation | 0.04 | 0.04 | 0 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0 | 0.05 | 0.03 | 0.04 |
| PBT | −0.12 | −0.08 | 0.16 | −0.27 | 0.32 | 0.11 | 0.24 | 0.2 | 0.22 | 0.23 | 0.27 | 0.09 | 0.26 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 27.27% | 56.52% | 40.74% | −44.44% | 26.92% |
| Net Profit | −0.12 | −0.07 | 0.17 | −0.28 | 0.31 | 0.11 | 0.23 | 0.19 | 0.16 | 0.1 | 0.16 | 0.13 | 0.2 |
| EPS (₹) | −0.24 | −0.14 | 0.34 | −0.56 | 0.62 | 0.22 | 0.46 | 0.38 | 0.32 | 0.2 | 0.32 | 0.26 | 0.4 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.35 | 2.43 | 2.58 | 2.69 | 1.06 | 0.96 | 0.54 | 1.01 | 0.58 | 0.74 | 1.4 | 1.39 | 1.45 |
| Expenses | 2.63 | 1.98 | 2.36 | 2.18 | 0.91 | 0.66 | 0.33 | 0.61 | 0.55 | 0.97 | 0.46 | 0.5 | 0.49 |
| Financing Profit | −0.28 | 0.45 | 0.21 | 0.48 | 0.09 | 0.27 | 0.19 | 0.39 | 0.01 | −0.25 | 0.92 | 0.89 | 0.96 |
| Fin. Margin % | −11.91% | 18.52% | 8.14% | 17.84% | 8.49% | 28.12% | 35.19% | 38.61% | 1.72% | −33.78% | 65.71% | 64.03% | 66.21% |
| Other Income | 0.55 | 0.02 | 0.24 | 1.05 | 0.05 | 0.1 | 0.01 | 0.07 | 0.02 | 0.05 | 0.02 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0.01 | 0.03 | 0.06 | 0.03 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0 | 0 |
| Depreciation | 0.06 | 0.03 | 0.03 | 0.08 | 0.07 | 0.15 | 0.16 | 0.16 | 0.16 | 0.1 | 0.1 | 0.09 | 0.12 |
| PBT | 0.21 | 0.44 | 0.42 | 1.45 | 0.07 | 0.22 | 0.04 | 0.3 | −0.13 | −0.3 | 0.84 | 0.81 | 0.85 |
| Tax % | 23.81% | 27.27% | 21.43% | 4.14% | 142.86% | 227.27% | 75% | 0% | 0% | 0% | 1.19% | 30.86% | — |
| Net Profit | 0.15 | 0.32 | 0.33 | 1.39 | −0.03 | −0.28 | 0.01 | 0.3 | −0.13 | −0.3 | 0.84 | 0.55 | 0.59 |
| EPS (₹) | 0.3 | 0.64 | 0.66 | 2.78 | −0.06 | −0.56 | 0.02 | 0.6 | −0.26 | −0.6 | 1.68 | 1.1 | 1.18 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 1.89 | 2.22 | 2.55 | 3.94 | 3.14 | 3.06 | 2.89 | 3.21 | 3.1 | 3.63 | 4.49 | 5.03 |
| Borrowing | 0 | 0 | 0 | 0.2 | 0.13 | 0.24 | 0.13 | 0.03 | 0.22 | 0.13 | 0.05 | 0.63 |
| Other Liabilities | 0.73 | 0.58 | 0.67 | 1.3 | 0.89 | 0.56 | 1.02 | 1.22 | 1.27 | 0.42 | 0.65 | 0.58 |
| Total Liabilities | 7.62 | 7.8 | 8.22 | 10.44 | 9.16 | 8.86 | 9.04 | 9.46 | 9.59 | 9.18 | 10.19 | 11.24 |
| Fixed Assets | 0.19 | 0.15 | 0.12 | 0.37 | 0.3 | 0.43 | 0.27 | 0.11 | 0.24 | 0.14 | 0.04 | 0.6 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2.1 | 3.79 | 4.04 | 0.46 | 0.41 | 0.2 | 0.28 | 0.55 | 0.36 | 0.12 | 0.16 | 0.18 |
| Other Assets | 5.33 | 3.86 | 4.06 | 9.61 | 8.45 | 8.23 | 8.49 | 8.8 | 8.99 | 8.92 | 9.99 | 10.46 |
| Total Assets | 7.62 | 7.8 | 8.22 | 10.44 | 9.16 | 8.86 | 9.04 | 9.46 | 9.59 | 9.18 | 10.19 | 11.24 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −0.02 | −0.16 | −0.04 | −3.87 | 0.06 | 0.16 | 0.04 | −0.01 | −0.01 | 0 | 0.12 | 0.31 |
| Investing | 0.93 | −1.97 | 0.04 | 3.79 | 0.05 | 0.08 | 0 | 0 | 0.01 | 0 | 0 | −0.65 |
| Financing | 0 | 0 | 0 | 0.07 | −0.15 | −0.19 | −0.03 | −0.01 | −0.02 | −0.02 | −0.02 | 0.46 |
| Net Cash Flow | 0.91 | −2.13 | 0 | −0.01 | −0.04 | 0.05 | 0.01 | −0.02 | −0.02 | −0.02 | 0.1 | 0.11 |
| Free Cash Flow | 0 | −0.15 | 0.04 | −4.16 | 0.06 | 0.16 | 0.04 | −0.01 | −0.01 | 0 | 0.12 | −0.34 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 2.05% | 4.39% | 3.66% | 16.86% | −0.35% | −3.46% | 0.13% | 3.73% | −1.59% | −3.59% | 9.27% | 5.64% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Dharani Finance insights
48 extracted metrics across FY10–FY27.
Documents
- General announcements 11 Oct 2026
Frequently Asked Questions about Dharani Finance
What does Dharani Finance Ltd do?
Incorporated in 1990, Dharani Finance Ltd on non-banking financial services
Where is Dharani Finance Ltd (DHARFIN) listed?
Dharani Finance Ltd trades under code 511451 on the BSE.
Which sector does Dharani Finance Ltd belong to?
Dharani Finance Ltd is classified under the Financial Services sector, in the NBFC industry.
What is the PE ratio of Dharani Finance Ltd?
Dharani Finance Ltd trades at a PE ratio of 9.03 as of 4 Nov 2026, on earnings per share of ₹1.18, against a book value of ₹20.08 per share.
What is the 52-week high and low of Dharani Finance Ltd?
Over the last 52 weeks Dharani Finance Ltd has traded between ₹8.36 and ₹17 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Dharani Finance Ltd?
Dharani Finance Ltd reported a return on equity of 5.64%. Its debt-to-equity ratio is 0.06.
Company Information
Incorporated in 1990, Dharani Finance Ltd on non-banking financial services
Website dharanifinance.in
Face Value ₹10
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