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Dhani Services

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DHANI NSE
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₹51.06

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Peer Comparison

Financial Services › Finance › Other Financial Services

Dhani Services peer comparison
CRISIL
₹4,448.0036.78₹32,560 Cr9.940.81%24.50%32.60%₹4,126 Cr₹884 Cr
RRP Semiconductor
₹8,044.35—₹10,960 Cr1,266.830.00%−62.00%−32.70%−₹7 Cr−₹8 Cr
OnEMI Technology Solutions
₹315.058.23₹5,687 Cr2.010.00%24.00%22.70%₹2,643 Cr₹380 Cr
Asset Reconstruction Company (India)
₹124.119.47₹3,961 Cr0.980.82%14.00%15.90%₹670 Cr₹377 Cr
Colab Platforms
₹122.40510.00₹2,497 Cr—0.02%17.50%24.30%₹159 Cr₹5 Cr
Algoquant Fintech
₹80.4550.60₹2,175 Cr16.830.00%27.70%31.40%₹259 Cr₹45 Cr
Dhani Services (this company)
₹51.06————−0.85%−0.09%₹23 Cr—
GYFTR
₹182.38————5.24%6.77%——
Median 8 companies₹153.2536.78₹4,824 Cr9.940.01%15.75%19.30%₹259 Cr₹211 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.

Key Insights

Strengths

2
  • Company is almost debt free.
  • Stock is trading at 0.53 times its book value

Weaknesses

4
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -39.7% over past five years.
  • Promoter holding is low: 33.9%
  • Company has a low return on equity of -0.66% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1234
OscillatorsBullish234
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
30.43
Neutral
MACD (12,26,9)
−2.81
Bearish
SMA (50)
61.68
Bearish
SMA (200)
64.78
Bearish

As of , the latest day with price data, so these readings are not current.

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2025; 1Y: fiscal year to Mar 2025 against Mar 2024.

Revenue

Revenue growth by window
10Y−19.19%
5Y−39.90%
3Y−18.90%
1Y−74.74%

Net profit

Net profit growth by window
10YTurned to loss
5YTurned to loss
3YLoss widened by ₹24 Cr
1YLoss widened by ₹35 Cr

Operating cash flow

Operating cash flow growth by window
10Y+0.34%
5Y−27.43%
3Y−4.09%
1YTurned positive

Operating margin· change in pp

Operating margin growth by window
10Y−106.19 pp
5Y−119.77 pp
3Y−80.56 pp
1Y−108.16 pp

Trailing twelve months: The latest quarterly results are more than a year old.

Revenue by year

Revenue by year, ₹ crore
Mar 2016₹101 Cr
Mar 2017₹148 Cr
Mar 2018₹186 Cr
Mar 2019₹148 Cr
Mar 2020₹306 Cr
Mar 2021₹31.00 Cr
Mar 2022₹45.00 Cr
Mar 2023₹107 Cr
Mar 2024₹95.00 Cr
Mar 2025₹24.00 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2016₹17.00 Cr
Mar 2017₹47.00 Cr
Mar 2018₹49.00 Cr
Mar 2019₹105 Cr
Mar 2020₹246 Cr
Mar 2021−₹17.00 Cr
Mar 2022−₹25.00 Cr
Mar 2023₹25.00 Cr
Mar 2024−₹14.00 Cr
Mar 2025−₹49.00 Cr

Quarterly Results

₹ Cr

Results for the period ended Sep 2025 were due by 14 Nov 2025 and are not in this table yet.

DHANI quarterly results, ₹ crore
Particulars Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Sales
26
27
27
27
29
29
28
8
7
7
5
4
6
Expenses
−7
1
2
3
2
3
9
3
2
12
5
11
6
Operating Profit
33
25
25
24
27
26
19
5
5
−5
0
−6
0
OPM %
126%
95%
92%
89%
92%
91%
69%
65%
68%
−73%
−2.8%
−147%
1.5%
Other Income
1
1
1
1
0
0
−22
2
0
0
0
0
0
Interest
13
13
14
14
14
14
12
12
12
12
11
11
11
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
20
12
11
11
13
12
−15
−5
−7
−17
−11
−17
−11
Tax %
42%
52%
57%
76%
53%
53%
31%
19%
22%
5%
−27%
−8%
0%
Net Profit
12
6
5
3
6
6
−20
−6
−8
−17
−8
−16
−11
EPS (₹)
0.19
0.1
0.08
0.04
0.1
0.1
−0.33
−0.1
−0.13
−0.29
−0.13
−0.26
−0.18

Profit & Loss

₹ Cr
DHANI profit and loss, annual, ₹ crore
Particulars Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
154
202
101
148
186
148
306
31
45
107
95
24
23
Expenses
39
37
36
47
73
45
16
8
19
0
16
30
34
Operating Profit
115
164
66
101
114
103
290
23
25
107
79
−6
−11
OPM %
75%
82%
65%
68%
61%
70%
95%
73%
57%
100%
83%
−24%
−50%
Other Income
7
1
3
3
13
61
4
5
2
2
−22
1
1
Interest
15
26
40
43
60
42
38
35
45
54
52
45
44
Depreciation
5
5
3
2
2
0
0
0
0
0
0
0
0
PBT
102
135
26
59
65
122
256
−8
−18
55
5
−51
−55
Tax %
15%
12%
35%
21%
26%
14%
4%
114%
39%
54%
414%
−4%
—
Net Profit
87
118
17
47
49
105
246
−17
−25
25
−14
−49
−52
EPS (₹)
3.18
3.81
0.49
1.24
0.92
1.74
5.29
−0.32
−0.41
0.42
−0.24
−0.81
−0.86
Div. Payout %
106%
66%
521%
68%
95%
67%
68%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
DHANI balance sheet, annual, ₹ crore
Particulars Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital
46
52
59
64
93
113
102
115
121
122
122
122
Reserves
157
205
143
222
1,529
5,692
4,578
4,930
5,682
5,647
5,634
5,687
Borrowings
200
413
590
606
982
536
373
413
525
578
491
447
Other Liabilities
129
94
90
189
143
182
37
8
8
8
7
6
Total Liabilities
533
764
883
1,080
2,746
6,524
5,091
5,466
6,337
6,355
6,254
6,261
Fixed Assets
24
7
4
3
6
24
1
1
1
1
0
0
CWIP
0
0
0
0
5
7
0
0
0
0
0
0
Investments
19
6
6
59
1,368
4,403
4,780
4,818
4,952
4,883
5,776
5,964
Other Assets
490
751
872
1,018
1,367
2,090
310
648
1,384
1,472
477
298
Total Assets
533
764
883
1,080
2,746
6,524
5,091
5,466
6,337
6,355
6,254
6,261

Cash Flow

₹ Cr
DHANI cash flow, annual, ₹ crore
Particulars Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating
51
29
37
10
−130
189
149
−41
34
61
−119
30
Investing
93
236
47
−11
−1,239
−3,656
473
−337
−892
−122
183
−86
Financing
−33
104
65
43
1,620
3,446
−1,560
503
838
42
−83
56
Net Cash Flow
111
368
149
42
251
−21
−938
125
−21
−20
−18
0
Free Cash Flow
51
39
38
9
−138
167
136
−41
34
61
−119
30
CFO/OP
53
29
70
18
−96
196
57
−182
150
58
−145
−504

Ratios

DHANI financial ratios, annual
Particulars Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
48
63
117
103
116
181
0
0
0
0
0
0
Cash Conversion Cycle
48
63
117
103
116
181
0
0
0
0
0
0
Working Capital Days
−377
−736
−2,167
−1,611
−1,726
−348
−99
267
154
77
107
6
ROCE %
32%
30%
9%
12%
7%
3%
5%
1%
0%
2%
1%
0%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Dhani Services insights

60 extracted metrics across FY11–FY26.

Shareholding Pattern

Latest filing: Sep 2025

As of Sep 2025

  • Public 41.35%
  • Promoters 33.91%
  • FIIs 18.67%
  • Others 4.51%
  • DIIs 1.54%

Pledge data not available

Change since Jun 2025

Documents

Frequently Asked Questions about Dhani Services

What does Dhani Services Ltd do?
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.
Where is Dhani Services Ltd (DHANI) listed?
Dhani Services Ltd trades as DHANI on the NSE.
Which sector does Dhani Services Ltd belong to?
Dhani Services Ltd is classified under the Financial Services sector, in the Finance industry.

Company Information

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.

Website dhani.com
Listed 24 Sep 2004
Face Value ₹2

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