Is Dharni Capital overvalued or undervalued?

As of 7 October 2025, the valuation grade for Dharni Capital has moved from risky to very expensive. The company is currently assessed as overvalued. Key ratios include a PE ratio of 35.68, an EV to EBITDA of 31.01, and a PEG ratio of 3.75, all of which indicate a high valuation relative to earnings and growth potential.
In comparison to its peers, Dharni Capital's PE ratio is slightly lower than Bajaj Finance's 36.34 but significantly higher than Life Insurance's 11.85, which is categorized as very attractive. The EV to EBITDA ratio of 31.01 also places it above Bajaj Finserv's 12.84, further emphasizing its overvaluation. Notably, while Dharni Capital has outperformed the Sensex with a year-to-date return of 24.23% compared to the Sensex's 4.85%, this performance does not mitigate the concerns regarding its high valuation metrics.