Share Price and Basic Stock Data

Last Updated: November 21, 2024, 8:44 pm

Market Cap	4,412 Cr.
Current Price	73.6
High / Low	74.8/33.2
Stock P/E
Book Value	45.0
Dividend Yield	0.00 %
ROCE	5.16 %
ROE	10.1 %
Face Value	2.00
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Dhani Services Ltd

Competitors of Dhani Services Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Nam Securities Ltd	85.7 Cr.	159	198/59.3	238	21.2	0.00 %	4.16 %	3.05 %	10.0
Naperol Investments Ltd	845 Cr.	1,470	2,041/801	862	3,204	0.00 %	0.08 %	0.05 %	10.0
Inani Securities Ltd	14.1 Cr.	30.8	42.0/20.5	9.70	42.2	0.00 %	10.6 %	6.92 %	10.0
HCKK Ventures Ltd	41.4 Cr.	112	154/77.4	230	11.5	0.00 %	8.17 %	6.44 %	10.0
HB Portfolio Ltd	107 Cr.	99.5	177/54.3	14.4	279	1.01 %	3.34 %	2.90 %	10.0
Industry Average	7,209.63 Cr	2,323.76		76.61	5,594.83	0.29%	15.23%	17.14%	7.45

All Competitor Stocks of Dhani Services Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	304	335	490	305	246	130	148	84	120	99	87	118	107
Expenses	456	469	606	465	266	211	215	299	164	162	158	174	166
Operating Profit	-152	-134	-116	-160	-20	-81	-67	-214	-44	-64	-71	-56	-58
OPM %	-50%	-40%	-24%	-52%	-8%	-62%	-45%	-254%	-37%	-65%	-81%	-48%	-54%
Other Income	3	-1	12	17	28	53	20	30	5	14	20	17	22
Interest	83	71	59	62	59	42	35	30	26	24	22	21	18
Depreciation	20	22	25	27	29	28	17	17	18	16	14	14	13
Profit before tax	-252	-228	-189	-232	-79	-98	-99	-232	-83	-89	-87	-75	-68
Tax %	-24%	-10%	15%	6%	31%	-11%	-7%	-15%	14%	17%	3%	14%	23%
Net Profit	-192	-206	-218	-244	-104	-87	-92	-198	-95	-105	-89	-85	-83
EPS in Rs	-3.64	-3.95	-3.63	-4.13	-1.69	-1.46	-1.56	-3.25	-1.57	-1.75	-1.48	-1.42	-1.37

Last Updated: October 7, 2024, 8:14 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:37 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	191	284	398	397	413	980	1,993	2,915	1,347	1,434	612	448	411
Expenses	122	119	140	162	201	478	750	1,952	963	1,986	968	650	660
Operating Profit	69	165	258	236	213	502	1,243	963	384	-551	-356	-202	-249
OPM %	36%	58%	65%	59%	51%	51%	62%	33%	29%	-38%	-58%	-45%	-61%
Other Income	7	18	10	12	96	15	4	4	9	29	109	24	73
Interest	8	24	61	148	139	224	591	824	518	284	170	94	86
Depreciation	8	5	13	23	24	12	27	116	84	95	91	63	57
Profit before tax	61	154	194	77	146	281	629	27	-209	-901	-508	-334	-319
Tax %	-4%	34%	22%	4%	30%	25%	27%	-55%	10%	-4%	-5%	12%
Net Profit	63	102	151	74	102	210	460	42	-230	-860	-481	-374	-363
EPS in Rs	2.31	3.70	4.86	2.12	2.69	3.99	7.59	0.09	-4.27	-14.42	-7.95	-6.22	-6.02
Dividend Payout %	110%	18%	52%	119%	31%	22%	15%	3,836%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	61.90%	48.04%	-50.99%	37.84%	105.88%	119.05%	-90.87%	-647.62%	-273.91%	44.07%	22.25%
Change in YoY Net Profit Growth (%)	0.00%	-13.87%	-99.03%	88.83%	68.04%	13.17%	-209.92%	-556.75%	373.71%	317.98%	-21.82%

Dhani Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	-26%
3 Years:	-31%
TTM:	-8%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	-32%
TTM:	48%

Stock Price CAGR
10 Years:	11%
5 Years:	-13%
3 Years:	-25%
1 Year:	89%

Return on Equity
10 Years:	-3%
5 Years:	-8%
3 Years:	-13%
Last Year:	-10%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 1:44 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	46	46	52	59	64	93	113	102	115	121	122	122
Reserves	171	171	268	273	385	1,806	6,312	4,925	5,068	4,942	3,692	3,324
Borrowings	137	368	1,690	2,193	1,519	4,929	8,648	5,410	3,739	2,482	1,021	697
Other Liabilities	191	232	415	196	247	930	942	1,129	1,200	1,079	479	379
Total Liabilities	546	818	2,425	2,720	2,215	7,758	16,015	11,566	10,121	8,624	5,314	4,521
Fixed Assets	32	34	664	660	86	66	118	755	409	537	319	252
CWIP	1	0	11	36	8	5	9	6	6	7	4	0
Investments	43	32	69	0	163	499	638	634	1,420	588	510	55
Other Assets	470	751	1,680	2,023	1,959	7,188	15,250	10,171	8,286	7,492	4,481	4,214
Total Assets	546	818	2,425	2,720	2,215	7,758	16,015	11,566	10,121	8,624	5,314	4,521

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-94	376	-268	10	203	-2,912	-7,044	6,040	925	-702	848	-231
Cash from Investing Activity +	66	166	-330	-77	120	-537	-204	-848	-537	774	77	491
Cash from Financing Activity +	40	-431	994	196	-247	4,473	7,062	-4,093	-1,168	-801	-1,168	-318
Net Cash Flow	13	112	397	129	76	1,024	-185	1,099	-780	-729	-244	-58

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-68.00	-203.00	257.00	234.00	212.00	498.00	-7.00	958.00	381.00	-553.00	-357.00	-899.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	115	178	228	292	298	98	50	19	38	33	71	70
Inventory Days										240	1,558	3,482
Days Payable										284	124	273
Cash Conversion Cycle	115	178	228	292	298	98	50	19	38	-11	1,505	3,279
Working Capital Days	30	212	503	779	660	-103	143	169	185	232	774	873
ROCE %	22%	38%	19%	10%	12%	11%	11%	6%	3%	-7%	-5%	-5%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	30.05%	30.05%	33.00%	33.00%	33.01%	32.89%	32.89%	32.89%	31.26%	31.26%	30.77%	29.14%
FIIs	28.86%	27.16%	21.89%	20.52%	18.34%	15.87%	14.56%	14.14%	14.38%	14.27%	14.63%	16.60%
DIIs	1.40%	1.41%	1.40%	1.42%	1.43%	1.45%	1.38%	1.38%	1.43%	1.45%	1.47%	1.49%
Public	36.45%	38.15%	38.84%	40.18%	42.37%	44.96%	46.33%	46.74%	48.10%	48.20%	48.29%	47.95%
Others	3.23%	3.23%	4.87%	4.87%	4.87%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%
No. of Shareholders	96,174	1,11,277	1,92,174	2,07,243	2,08,407	2,14,408	2,13,677	2,22,554	2,20,985	2,13,506	2,11,898	1,94,452

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	-6.49	-8.31	-15.30	-4.16	0.07
Diluted EPS (Rs.)	-6.49	-8.31	-15.30	-4.16	0.07
Cash EPS (Rs.)	-5.12	-6.42	-12.63	-2.55	3.09
Book Value[Excl.RevalReserv]/Share (Rs.)	56.90	63.62	86.99	98.00	83.75
Book Value[Incl.RevalReserv]/Share (Rs.)	56.90	63.62	86.99	98.00	83.75
Revenue From Operations / Share (Rs.)	6.95	10.01	23.67	22.89	57.03
PBDIT / Share (Rs.)	-2.94	-4.12	-8.76	6.40	18.45
PBIT / Share (Rs.)	-3.97	-5.62	-10.33	4.93	16.17
PBT / Share (Rs.)	-5.50	-8.35	-14.87	-3.64	0.52
Net Profit / Share (Rs.)	-6.15	-7.91	-14.20	-4.01	0.81
NP After MI And SOA / Share (Rs.)	-6.17	-7.89	-14.30	-3.93	0.08
PBDIT Margin (%)	-42.23	-41.19	-37.00	27.96	32.34
PBIT Margin (%)	-57.07	-56.12	-43.62	21.55	28.36
PBT Margin (%)	-79.10	-83.41	-62.80	-15.92	0.92
Net Profit Margin (%)	-88.43	-79.09	-59.97	-17.52	1.43
NP After MI And SOA Margin (%)	-88.73	-78.81	-60.39	-17.16	0.14
Return on Networth / Equity (%)	-10.89	-12.57	-17.11	-4.34	0.11
Return on Capital Employeed (%)	-6.85	-8.65	-10.58	4.37	12.47
Return On Assets (%)	-8.29	-9.01	-10.04	-2.22	0.03
Long Term Debt / Equity (X)	0.00	0.00	0.10	0.14	0.23
Total Debt / Equity (X)	0.18	0.25	0.44	0.68	1.38
Asset Turnover Ratio (%)	0.08	0.08	0.01	0.00	0.02
Current Ratio (X)	2.97	2.52	2.44	2.36	1.99
Quick Ratio (X)	2.71	2.33	2.40	2.36	1.99
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	3969.38
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	142.64
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	-3869.38
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	-42.64
Interest Coverage Ratio (X)	-1.92	-1.51	-1.93	0.74	1.18
Interest Coverage Ratio (Post Tax) (X)	-3.01	-1.90	-2.13	0.53	1.05
Enterprise Value (Cr.)	2336.58	1939.99	4879.07	11614.16	8357.75
EV / Net Operating Revenue (X)	5.53	3.19	3.40	8.86	2.87
EV / EBITDA (X)	-13.08	-7.74	-9.19	31.68	8.86
MarketCap / Net Operating Revenue (X)	5.47	2.66	2.63	7.35	1.90
Retention Ratios (%)	0.00	0.00	0.00	0.00	-3869.38
Price / BV (X)	0.67	0.42	0.74	1.86	1.49
Price / Net Operating Revenue (X)	5.47	2.66	2.63	7.35	1.90
EarningsYield	-0.16	-0.29	-0.22	-0.02	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Dhani Services Ltd as of November 21, 2024 is: 69.54

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 21, 2024, Dhani Services Ltd is Overvalued by 5.52% compared to the current share price 73.60

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Dhani Services Ltd as of November 21, 2024 is: 56.80

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 21, 2024, Dhani Services Ltd is Overvalued by 22.83% compared to the current share price 73.60

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -18.32%

*Investments are subject to market risks

Strength and Weakness

Strength

Weakness

The stock has a low average ROCE of 9.58%, which may not be favorable.
The stock has a high average Working Capital Days of 371.42, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 109.08, which may not be favorable.
The company has higher borrowings (2,736.08) compared to reserves (2,611.42), which may suggest financial risk.
The company has not shown consistent growth in sales (318.38) and profit (-54.00).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Dhani Services Ltd:
1. Net Profit Margin: -88.43%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -6.85% (Industry Average ROCE: 15.23%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -10.89% (Industry Average ROE: 17.14%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -3.01
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.71
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 76.61)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.18
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Dhani Services Ltd. is a Public Limited Listed company incorporated on 09/06/1995 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74110DL1995PLC069631 and registration number is 069631. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 44.54 Cr. and Equity Capital is Rs. 121.19 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	5th Floor, Plot No. 108, IT Park, Udyog Vihar, Gurugram Haryana 122016	support@dhani.com http://www.dhani.com

Management
Name	Position Held
Mr. Divyesh B Shah	Executive Director & CEO
Mr. Gurbans Singh	Executive Chairman
Mr. Amit Ajit Gandhi	Non Exe.Non Ind.Director
Ms. Swati Jain	Independent Director
Mr. Prem Prakash Mirdha	Independent Director
Mr. Aishwarya Katoch	Independent Director

FAQ

What is the latest intrinsic value of Dhani Services Ltd?

The latest intrinsic value of Dhani Services Ltd as on 21 November 2024 is ₹69.54, which is 5.52% lower than the current market price of ₹73.60.

What is the Market Cap of Dhani Services Ltd?

The Market Cap of Dhani Services Ltd is 4,412 Cr..

What is the current Stock Price of Dhani Services Ltd as on 21 November 2024?

The current stock price of Dhani Services Ltd as on 21 November 2024 is ₹73.6.

What is the High / Low of Dhani Services Ltd stocks in FY 2024?

In FY 2024, the High / Low of Dhani Services Ltd stocks is 74.8/33.2.

What is the Stock P/E of Dhani Services Ltd?

The Stock P/E of Dhani Services Ltd is .

What is the Book Value of Dhani Services Ltd?

The Book Value of Dhani Services Ltd is 45.0.

What is the Dividend Yield of Dhani Services Ltd?

The Dividend Yield of Dhani Services Ltd is 0.00 %.

What is the ROCE of Dhani Services Ltd?

The ROCE of Dhani Services Ltd is 5.16 %.

What is the ROE of Dhani Services Ltd?

The ROE of Dhani Services Ltd is 10.1 %.

What is the Face Value of Dhani Services Ltd?

The Face Value of Dhani Services Ltd is 2.00.