Whalesbook
Financial Results and Investment
Dharni Capital Services Ltd. announced its audited financial results for the year ended March 31, 2026. The company reported a consolidated profit after tax (PAT) of ₹4.67 crore on consolidated revenue of ₹9.55 crore.
The board also approved a significant investment of ₹15.28 crore in its associate company, Dhanayu Finance Private Limited, through a rights issue. This capital infusion is intended to support Dhanayu Finance's working capital needs and expansion plans.
Company Background
Dharni Capital Services Ltd., established in 2015, has evolved from Dharni Online Services into a diversified financial services provider. Its services include mutual fund distribution, fixed deposit distribution, real estate brokerage, and technical consultancy. The company went public with an IPO in January 2023, raising ₹10.74 crore on the BSE SME platform. Dhanayu Finance Private Limited is a relatively new entity, incorporated in August 2024, and operates in financial services.
Peer Comparison
Dharni Capital operates in the financial services sector alongside larger peers such as Anand Rathi Wealth (Market Cap ~₹30,258 Cr) and Prudent Corporate Advisory Services (Market Cap ~₹11,293 Cr). Dharni Capital's market capitalization is approximately ₹130 crore, indicating its smaller scale compared to these competitors.
Key Financial Metrics
- Dharni Capital's consolidated profit after tax for FY26 was ₹4.67 crore, with consolidated revenue at ₹9.55 crore.
- Dhanayu Finance reported a turnover of ₹0.79 crore in FY26, an increase from ₹0.45 crore in FY25.
- Dharni Capital's working capital days have increased to 139 days.