Total Returns (Price + Dividend) 
Dharni Capital for the last several years.
Risk Adjusted Returns v/s 
Returns Beta
News
Is Dharni Capital overvalued or undervalued?
As of 6 November 2025, the valuation grade for Dharni Capital has moved from risky to very expensive. The company is currently considered overvalued based on its high valuation ratios. Notable ratios include a PE ratio of 36.69, an EV to EBITDA of 35.80, and a PEG ratio of 3.85, all of which are significantly elevated compared to industry norms. In comparison to peers, Bajaj Finance has a PE ratio of 37.19 and an EV to EBITDA of 19.89, while Life Insurance stands out with a much lower PE ratio of 11.62 and an EV to EBITDA of 9.05, indicating that Dharni Capital is priced at a premium relative to its competitors. Despite a strong year-to-date return of 27.75% compared to the Sensex's 6.62%, the high valuation metrics suggest that the stock may not sustain its current price levels....
Read MoreHow has been the historical performance of Dharni Capital?
Answer: The historical performance of Dharni Capital shows a fluctuating trend in its financial metrics over the past three years. Breakdown: Dharni Capital's net sales increased from 4.70 Cr in Mar'23 to 8.20 Cr in Mar'24, but then declined to 6.52 Cr in Mar'25. The total operating income followed a similar pattern, reaching 8.20 Cr in Mar'24 before dropping to 6.52 Cr in Mar'25. The company's operating profit (PBDIT) rose from 1.65 Cr in Mar'23 to 4.29 Cr in Mar'24, and further increased to 5.21 Cr in Mar'25. Profit before tax also showed growth, moving from 1.60 Cr in Mar'23 to 4.14 Cr in Mar'24, and then to 5.03 Cr in Mar'25. Consequently, profit after tax increased from 1.19 Cr in Mar'23 to 3.11 Cr in Mar'24, and further to 3.78 Cr in Mar'25. The earnings per share (EPS) improved significantly from 0.58 in Mar'23 to 1.52 in Mar'24, and then to 1.89 in Mar'25. On the balance sheet, total assets grew fr...
Read MoreIs Dharni Capital overvalued or undervalued?
As of 24 October 2025, the valuation grade for Dharni Capital has moved from risky to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued, with a PE ratio of 36.69, a Price to Book Value of 5.81, and an EV to EBITDA ratio of 32.03. These ratios suggest that the stock is trading at a premium compared to its earnings and book value. In comparison to its peers, Dharni Capital's PE ratio is lower than Bajaj Finance's 38.9 but significantly higher than Life Insurance's 11.55, which is categorized as very attractive. Additionally, its EV to EBITDA ratio is comparable to Bajaj Finserv's 36.21, yet still higher than the more attractive valuations seen in other peers like I R F C, which has an EV to EBITDA of 14.14. Despite its strong recent performance, with a year-to-date return of 27.75% compared to the Sensex's 7.77%, the current valuation metric...
Read More Announcements 
Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Half Year Ended On 30Th Spetember 2025
05-Nov-2025 | Source : BSEOutcome of the Board meeting for approval of Unaudited Standalone And Consolidated Financial Results For The Half Year Ended On 30Th Spetember 2025
Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Change In Composition Of Committees Of The Board
05-Nov-2025 | Source : BSEChange in composition of the Committes of the Board
Submission Of Certificate Of Non-Applicability Of Regulation 23(9) Of The SEBI (LODR) Regulations 2015 -Disclosure Of Related Party Transactions For The Half Year Ended September 30 2025
05-Nov-2025 | Source : BSENon-applicability of Regulation 23(9) of the SEBi (LODR) Regulations 2015
Corporate Actions 
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available
Quality key factors 
Valuation key factors
Technicals key factors
Shareholding Snapshot : Sep 2025
Shareholding Compare (%holding) 
Promoters
None
Held by 0 Schemes
Held by 0 FIIs
Hemant Dharnidharka (68.48%)
Prithvi Raj Singh Huf (4.92%)
19.82%
Half Yearly Results Snapshot (Consolidated) - Sep'25
Growth in half year ended Sep 2025 is 23.89% vs 23.29% in Mar 2025
Growth in half year ended Sep 2025 is 15.50% vs 8.11% in Mar 2025
Annual Results Snapshot (Consolidated) - Mar'25
YoY Growth in year ended Mar 2025 is -20.49% vs 74.47% in Mar 2024
YoY Growth in year ended Mar 2025 is 23.79% vs 161.34% in Mar 2024






