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Dhani Services Ltd

₹ 51.1-8.87%
27 Oct 2025 – close price
🔗dhani.comâ€ĸBSE: 532960â€ĸNSE: DHANI
Market Cap₹ 3,317 Cr.
Current Price₹ 51.1
High / Low₹ 108
Stock P/Enull
Book Value₹ 96.3
Dividend Yield0.00 %
ROCE-0.09 %
ROE-0.85 %
Face Value₹ 2.00
Sales₹ 22.7 Cr.
OPM-50.2 %
Mar Cap₹ 3,317 Cr.

ABOUT

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.[1]

KEY POINTS

Service OfferingsDaily Needs Store:The Co. had originally launched Dhani Store as Dhani Pharmacy. To serve the diverse needs of consumers, it has expanded its product offerings to include electronics, personal care, daily household items, and groceries.Payments Services:The Co.’s electronic wallet service allows customers to add money to their Dhani Wallet account from bank accounts, which can then be used to pay bills, mobile phone charges, gift vouchers, and book bus rides.Trading Services:The Co. has a brokerage platform that offers trading services to customers at competitive prices.[1]

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.CRISIL4725.5046.1834598.370.53193.1012.56911.2412.2435.603480.3529.34749.20193.1012.2718.260.11
2.RRPSemiconductor10765.55–14666.990.00-7.15-492.86-6.82-220.4980.2114.005.79-2.47-7.151568.6641.521.56
3.Colab Platforms187.15822.813817.860.011.57196.2340.12183.1316.59105.581.884.641.57139.6411.940.00
4.Dhani Services51.06–3316.860.00-10.80-36.196.18-16.37-0.0922.70-50.18-51.88-10.800.53-0.780.08
5.Algoquant Fin69.17118.441946.030.006.29-48.7451.29-21.3632.47209.6512.4116.436.2917.4112.270.24
6.LKP Finance1023.90–1572.880.005.03-66.91-7.52-146.85-0.83-25.46-161.12-22.555.034.40-0.150.06
7.Centrum Capital29.77–1381.810.00-8.50-72.91822.945.028.933662.9431.38-127.36-40.653.03-0.8437.49
–Median: 32 Co.158.4729.12241.870.02.027.2521.464.059.4447.1512.414.892.022.967.630.1

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2022Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024
Sales
27285262976278427297
Expenses
295-722633111312
Operating Profit
2519-0332750245-62526-5
Other Income
1-2201000120100
Profit before tax
11-15-112013-7-1111-5-171212-17
Tax %
57%31%-27%42%53%22%0%76%19%-8%52%53%5%
Net Profit
5-20-8126-8-113-6-1666-17
EPS in Rs
0.08-0.33-0.130.190.10-0.13-0.180.04-0.10-0.260.100.10-0.29

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1542021011481861483063145107952423
Expenses
39373647734516819-0163034
Operating Profit
11516466101114103290232510779-6-11
Other Income
713313614522-2211
Interest
15264043604238354554524544
Depreciation
5532200000000
Profit before tax
102135265965122256-8-18555-51-55
Net Profit
87118174749105246-17-2525-14-49-52
EPS in Rs
3.183.810.491.240.921.745.29-0.32-0.410.42-0.24-0.81-0.86
Dividend Payout %
106%66%521%68%95%67%68%0%0%0%0%0%–

Compounded Profit Growth

10 Years:%
5 Years:%
3 Years:-75%
TTM:-403%

Compounded Sales Growth

10 Years:-19%
5 Years:-40%
3 Years:-18%
TTM:-68%

Return on Equity

10 Years:1%
5 Years:-1%
3 Years:-1%
Last Year:-1%

Stock Price CAGR

10 Years:7%
5 Years:-32%
3 Years:10%
1 Year:-52%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital
4652596493113102115121122122122
Reserves
1572051432221,5295,6924,5784,9305,6825,6475,6345,687
Borrowings
200413590606982536373413525578491447
Other Liabilities
12994901891431823788876
Total Liabilities
5337648831,0802,7466,5245,0915,4666,3376,3556,2546,261
Fixed Assets
24743624111100
Gross Block
140.59130.74127.45122.818.0829.831.351.391.491.371.340.95
Accumulated Depreciation
117.08124.10122.94119.361.595.600.400.470.690.841.030.87
CWIP
000057000000
Investments
1966591,3684,4034,7804,8184,9524,8835,7765,964
Other Assets
4907518721,0181,3672,0903106481,3841,472477298
Total Assets
5337648831,0802,7466,5245,0915,4666,3376,3556,2546,261

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
51293710-130189149-413461-11930
Cash from Investing Activity
9323647-11-1,239-3,656473-337-892-122183-86
Cash from Financing Activity
-3310465431,6203,446-1,56050383842-8356
Net Cash Flow
11136814942251-21-938125-21-20-180

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
4863117103116181000000
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
4863117103116181000000
Working Capital Days
-377-736-2,167-1,611-1,726-348-99267154771076
ROCE %
32%30%9%12%7%3%5%1%0%2%1%-0%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
32.89%32.89%32.89%31.26%31.26%30.77%29.14%29.14%29.14%29.14%29.14%33.91%
FIIs
15.87%14.56%14.14%14.38%14.27%14.63%16.60%19.21%20.98%22.06%20.77%18.67%
DIIs
1.45%1.38%1.38%1.43%1.45%1.47%1.49%1.52%1.54%1.78%1.87%1.54%
Public
44.96%46.33%46.74%48.10%48.20%48.29%47.95%45.31%43.51%42.19%43.37%41.35%

* The classifications might have changed from Sep'2022 onwards.â„šī¸

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Indiabulls Completes Scheme of Arrangement, Distributes Fractional Share Proceeds

18th March 2026, 12:08 am

Dhani Services: Scheme of Arrangement Effective, Record Date Set for Yaari Share Allotment, DSL to Delist

15th October 2025, 12:02 am

Dhani Services: Scheme of Arrangement Effective, Record Date Set for Yaari Share Allotment; DSL to Delist

14th October 2025, 11:59 pm

Dhani Services receives unsolicited 'Crisil ESG 52' rating from CRISIL ESG Ratings & Analytics

10th October 2025, 11:31 pm

Dhani Services Files Routine Dematerialization Certificate for Q2 FY26

10th October 2025, 4:49 pm

Published by Other Websites

External media mentions & references

Indian Markets Brace for Opening: Global Cues Mixed, Investors Eye FII/DII Data, Crude, and Gold!

23rd December 2025, 7:56 am

Indian Small-Cap Stocks Face Rare Negative Returns Amidst Global Uncertainty and Weak Earnings

1st October 2025, 7:04 am

Indian Equity Benchmarks Hit Two-Month Highs; Sindhu Trade Links, Belrise Industries, IFCI Among Top Breakout Stocks

17th September 2025, 7:40 pm

Indian Markets Reach New Highs; Key Stocks Show Strong Price-Volume Breakouts

17th September 2025, 5:33 pm

Indian Stock Market Surges to New Highs on Strong Investor Confidence Post US-India Trade Talks

17th September 2025, 4:09 pm

News Articles

Editorial & research coverage

Indian Markets Brace for Opening: Global Cues Mixed, Investors Eye FII/DII Data, Crude, and Gold!
Indian Markets Brace for Opening: Global Cues Mixed, Investors Eye FII/DII Data, Crude, and Gold!

23rd December 2025, 7:56 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

14 Oct 2025 - Scheme effective Oct 14, 2025; Record Date Oct 28; Yaari shares issued 294/100 (fully), 162/100 (partly paid 55%).

Corporate Action-Amalgamation/ Merger / Demerger
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations') - ESG Rating

10 Oct 2025 - CRISIL ESG assigned "Crisil ESG 52" to Dhani; unsolicited rating based on public data (Oct 10, 2025).

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

10 Oct 2025 - Certificates confirming dematerialization/rematerialization details furnished for quarter ended Sept 30, 2025.

Compliance Status Of Regulation 6 (1) And 7(1) Of SEBI (LODR) Regulations, 2015, As Amended, For The Quarter Ended September 30, 2025

6 Oct 2025 - Confirms compliance with SEBI Regulations 6(1) and 7(1) for quarter ended September 30, 2025.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from nse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

29 May 2020 from crisil

Rating update

4 Oct 2019 from crisil

Rating update

19 Sep 2018 from crisil

Rating update

1 Aug 2017 from crisil

Concalls

Jun 2022

Transcript

Sep 2021

TranscriptPPT

Jun 2021

Transcript

Feb 2021

Transcript

Dec 2020

PPT

Nov 2017

PPT

Stock Analysis

Corporate Announcements

17th Mar 26
Impact Rating: 6
Indiabulls Limited has successfully concluded its Scheme of Arrangement. Independent Directors and Audit Committee reports confirm that fractional share entitlements have been compensated through share allotment and distribution of sale proceeds.
14th Oct 25
Impact Rating: 9
Dhani Services announces its Scheme of Arrangement is effective, with April 1, 2023, as the appointed date. The record date for receiving Yaari shares is October 28, 2025, after which DSL will delist.
14th Oct 25
Impact Rating: 9
Effective October 14, 2025, Dhani Services' Scheme of Arrangement is finalized with an appointed date of April 1, 2023. A record date of October 28, 2025, is set for shareholders to receive Yaari Digital Integrated Services shares, and DSL will be delisted.
10th Oct 25
Impact Rating: 5
Dhani Services Limited has disclosed that CRISIL ESG Ratings & Analytics has assigned an unsolicited ESG rating of "Crisil ESG 52" to the company, based solely on public domain data.
10th Oct 25
Impact Rating: 1
Dhani Services Limited has submitted its compliance certificate under SEBI Regulation 74(5) for the quarter ending September 30, 2025, confirming the furnishing of securities dematerialization and rematerialization details to all relevant stock exchanges for the period.