Dharni Capital Services Ltd Stock Price Today (NSE: DHARNI)

Dharni Capital Services Ltd

65.00+0.00 (+0.00%)
Market Closed

Fundamental Score

...

Dharni Capital Services Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Dharni Capital Services Ltd share price today is 65.00, up +0.00% on NSE/BSE as of 23 June 2026. Dharni Capital Services Ltd (DHARNI) is a Small-cap company in the Financial Products Distributor sector with a market capitalisation of 120.18 (Cr). The 52-week high for DHARNI share price is 65.80 and the 52-week low is 52.50. At a P/E ratio of 27.88x, DHARNI is currently trading below its industry average P/E of 49.58x. The company has a Return on Equity (ROE) of 20.02% and a debt-to-equity ratio of 0.04.

Dharni Capital Services Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
65.00
Low
52.50
Volume
25.5K
Change
+4.00%

Dharni Capital Services Ltd share price chart: 4.00% return over the past month. 52-week high ₹65.80, 52-week low ₹52.50.

Dharni Capital Services Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)
65.0065.0065.0065.000.00 (Cr)

Dharni Capital Services Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
65.0065.0065.0065.00+0.00%
65.0065.0065.0065.00+0.00%
62.4063.7052.5063.70+2.08%
62.0062.3062.0062.25+0.40%
61.2561.4061.2561.40+0.24%
62.8064.9560.0061.21-2.53%
59.0559.3059.0559.30+0.42%
58.0059.0058.0059.00+1.72%
56.4058.0056.4058.00+2.84%
59.9065.8056.0056.35-5.93%
55.0555.7055.0555.70+1.18%
54.0056.9954.0055.00+1.85%

AI Research Briefing

Powered by Gemini · 2026-04-09

Micro-cap financial distributor riding the retail investor wave, but liquidity and market risk are major concerns.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEUp 1.72% in 1 month, 5.92% in 3 months, and 10.9% in 6 months.P/E of 27.88x is lower than the industry P/E of 49.58x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Dharni Capital Services declared non-applicability of SEBI Regulation 24A for SME listed entities. The trading window is closed for insiders from April 1, 2026, until 48 hours after the FY26 results.

CORE STORY (THE REAL GAME)

Dharni is riding the wave of increasing retail participation in Indian mutual funds and fixed deposits. The play is on distribution, not fund management itself.

Why Now
  • YoY profit growth of 24.86%
  • Sales growth of 52.74% in the latest quarter
  • Growing mutual fund industry with AUM reaching ₹74.41 trillion
Potential Catalysts
  • New partnerships with AMCs
  • Increase in SIP inflows
  • Favorable regulatory changes for distributors
Key Risks
  • Micro-cap with low liquidity
  • Dependent on market sentiment
  • OPM data not available
Institutional Activity

Promoter holding is high at 73.64%, but FII/DII holdings are nil. No recent changes in promoter holdings.

Macro Context

Increasing financialization of savings in India is a tailwind.

Order Book / Expansion

No major news found after live search.

Cash Flow Quality

Free cash flow data is not available.

3–6 Month Outlook

Expect continued growth in the next 3-6 months driven by retail participation. Key risk is a market correction impacting earnings.

Primary Thesis Risk

A significant market downturn will decimate earnings and trigger a liquidity crunch.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

20.02%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

24.96%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Dharni Capital Services Ltd Valuation Check

Excellent

Price to Earnings (P/E)

27.88x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

49.58x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

73.64%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

24.86%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

52.74%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.04x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

92.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

N/A

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Dharni Capital Services Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of DHARNI across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Return on Equity (20.02%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (24.96%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 27.88 vs Industry: 49.58)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (24.86%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (52.74%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Conservative Debt Levels (D/E: 0.04)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (92.00x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (73.64%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

1 factors identified

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Dharni Capital Services Ltd vs Financial Products Distributor Peers

Peer Comparison - Financial Products Distributor

Compare Dharni Capital Services Ltd with 3 other companies in the same sector

4 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
52.9/100
65
₹120.18
27.9
Average
20.02%
Excellent
24.96%
Excellent
0.0
Excellent
0.00%
72.1/100
3567
₹24274.30
70.7
Average
45.33%
Excellent
56.26%
Excellent
0.1
Excellent
37.33%
Excellent
23.90%
Excellent
0.36%
69/100
2726
₹10175.70
49.6
Average
34.04%
Excellent
44.06%
Excellent
0.0
Excellent
47.65%
Excellent
36.85%
Excellent
0.10%
53/100
42
₹13.70
54.8
Average
3.98%
Poor
6.87%
Poor
0.0
Excellent
48.96%
Excellent
42.86%
Excellent
0.00%

Dharni Capital Services Ltd PE Ratio History

Historical price-to-earnings ratio for DHARNI — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20241.53₹45.4029.7x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Dharni Capital Services Ltd Quarterly Performance

Latest quarterly metrics for DHARNI — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

52.74%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

24.86%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Dharni Capital Services Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for DHARNI — calculated from daily price history

100RSI 14
Overbought — RSI 100

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
60
▲ Price above SMA 50 — Short-term bullish
30-Day Avg Volume
13K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Dharni Capital Services Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Dharni Capital Services Ltd (DHARNI) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Dharni Capital Services Ltd

About DHARNI (Dharni Capital Services Ltd)

Dharni Capital Services Ltd is a multifaceted financial products distribution company operating within the Indian market. The organization specializes in connecting individuals and... institutions with a curated range of investment opportunities. Their core business revolves around acting as an intermediary for mutual funds and fixed deposits, leveraging a network of partners to make these products accessible to a wider audience. Beyond these more traditional offerings, Dharni also facilitates real estate transactions, assisting clients in navigating the complexities of property investment. The company's approach emphasizes creating value through efficient distribution channels and strong relationships with both product providers and end-users. Further setting itself apart, Dharni Capital Services Ltd extends its services beyond simple product distribution. A significant aspect of their operation includes technical consultancy, providing expert guidance and support related to financial products and investment strategies. They also offer outsourcing services, indicating a capacity to handle administrative and operational tasks for partner organizations. This holistic approach suggests a commitment to not only distributing financial products but also to supporting the entire value chain associated with investment and financial services. This multifaceted strategy indicates a desire to be a comprehensive partner in the financial services industry. Ultimately, Dharni Capital Services Ltd positions itself as a technology-driven player in the financial product distribution landscape. The company has developed a technology-enabled platform designed to streamline investment processes and enhance the user experience for both online and offline channels. This platform aims to provide end-to-end solutions, encompassing everything from product selection and onboarding to transaction processing and reporting. By embracing technology, Dharni seeks to increase efficiency, expand its reach, and deliver a more seamless experience for its clients and partners within the ever-evolving financial market.

Company Details

Symbol:DHARNI
Industry:Financial Products Distributor
Sector:Financial Products Distributor

Key Leadership

Mr. Hemant Dharnidharka
Founder, Chairman & MD
Mr. Pramod Kumar Dharnidharka
Chief Financial Officer
Ms. Disha Jain
Company Secretary & Compliance Officer

DHARNI Share Price: Frequently Asked Questions

What is the current share price of Dharni Capital Services Ltd?

Dharni Capital Services Ltd (DHARNI) trades at ₹65.00 on NSE and BSE. Market cap ₹120.18 (Cr). Educational data only.

What is the P/E ratio of Dharni Capital Services Ltd?

Dharni Capital Services Ltd has a P/E of 27.88x vs industry average 49.58x.

What is the Bull Run score for Dharni Capital Services Ltd?

Dharni Capital Services Ltd has a Bull Run score of 52.9/100 based on 25+ financial parameters.

Does Dharni Capital Services Ltd pay dividends?

Dharni Capital Services Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Dharni Capital Services Ltd?

Dharni Capital Services Ltd has ROE of 20.02%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Dharni Capital Services Ltd?

Dharni Capital Services Ltd has debt-to-equity of 0.04.

Is Dharni Capital Services Ltd a good investment?

Bull Run gives Dharni Capital Services Ltd a score of 52.9/100. This is not investment advice — consult a SEBI-registered advisor.