Dharani Finance Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Dharani Finance Ltd?

Dharani Finance Ltd is trading at 8.36 as of 20 April 2026, with a FY2026-2027 high of 18.0 and low of 8.36. The stock is currently near its 52-week low. Market cap stands at 4.18 Cr..

Q: Is Dharani Finance Ltd financially healthy?

Key indicators: ROCE of 9.40 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Dharani Finance Ltd profitable and how is the profit trend?

Dharani Finance Ltd reported a net profit of 1 Cr in Mar 2025 on revenue of 1 Cr. Compared to 0 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹10.11Undervalued by 20.93%vs CMP ₹8.36

P/E (6.9) × ROE (9.3%) × BV (₹19.50) × DY (2.00%)

₹12.46Undervalued by 49.04%vs CMP ₹8.36

MoS: +32.9% (Strong)Confidence: 48/100 (Moderate)Models: 5 Under, 3 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹11.66	26%	Under (+39.5%)
Graham Number	Earnings	₹23.14	15%	Under (+176.8%)
Earnings Power	Earnings	₹0.06	12%	Over (-99.3%)
DCF	Cash Flow	₹24.95	12%	Under (+198.4%)
Net Asset Value	Assets	₹19.50	8%	Under (+133.3%)
EV/EBITDA	Enterprise	₹2.00	10%	Over (-76.1%)
Earnings Yield	Earnings	₹12.20	8%	Under (+45.9%)
ROCE Capital	Returns	₹1.09	8%	Over (-87%)
Consensus (8 models)		₹12.46	100%	Undervalued

Key Drivers: Wide model spread (₹0–₹25) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 15.3%

*Investments are subject to market risks

Analyst Summary

Dharani Finance Ltd operates in the Non-Banking Financial Company (NBFC) segment, NSE: DHARFIN | BSE: 511451, current market price is ₹8.36, market cap is 4.18 Cr.. At a glance, stock P/E is 6.85, ROE is 9.28 %, ROCE is 9.40 %, book value is 19.5, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹12.46, which is about 49.0% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹1 Cr versus the prior period change of 89.2%, while latest net profit is about ₹1 Cr with a prior-period change of 380.0%. This analysis page also carries profit and loss, shareholding pattern, ratio panels data, which improves the depth of the template beyond a thin price-only snapshot. The 52-week range shown on this page is 18.0/8.36, which helps frame where the current quote sits within its recent trading band. Business context: About the CompanyDharani Finance Ltd. is a Public Limited Listed company incorporated on 10/05/1990 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L65191TN1990PLC019152 and registration number is 019152. Currently Company is involved in the business ac…

This summary is generated from the stock page data available for Dharani Finance Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Dharani Finance Ltd scores 55/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health58/100 · Moderate

ROCE 9.4% AverageROE 9.3% AverageD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money50/100 · Moderate

Promoter holding at 28.7% Stable

Earnings Quality40/100 · Moderate

Working capital: 183 days Capital intensive

Quarterly Momentum70/100 · Strong

Profit (4Q): +65% YoY Strong

Industry Rank55/100 · Moderate

P/E 6.9 vs industry 101.6 Cheaper than peersROCE 9.4% vs industry 15.8% Below peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

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Current Share Price & Market Snapshot

Last Updated: April 2, 2026, 4:28 am

Market Cap	4.18 Cr.
Current Price	8.36
Intrinsic Value	₹12.46
High / Low	18.0/8.36
Stock P/E	6.85
Book Value	19.5
Dividend Yield	0.00 %
ROCE	9.40 %
ROE	9.28 %
Face Value	10.0
PEG Ratio	0.45

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Dharani Finance Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Dharani Finance Ltd	4.18 Cr.	8.36	18.0/8.36	6.85	19.5	0.00 %	9.40 %	9.28 %	10.0
Aastamangalam Finance Ltd	50.2 Cr.	32.3	55.0/27.8	6.67	51.1	0.00 %	13.0 %	14.8 %	10.0
Bazel International Ltd	17.5 Cr.	17.8	45.5/16.5	7.04	72.6	0.00 %	3.78 %	3.04 %	10.0
Credent Global Finance Ltd	180 Cr.	29.3	35.1/20.7	6.37	16.4	0.00 %	4.04 %	9.21 %	2.00
Helpage Finlease Ltd	23.6 Cr.	23.7	33.8/14.5	7.40	18.2	0.00 %	14.5 %	9.32 %	10.0
Industry Average	22,241.21 Cr	369.74		101.56	513.16	0.26%	15.81%	8.84%	8.50

All Competitor Stocks of Dharani Finance Ltd

Quarterly Results

Latest Quarterly Numbers

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	0.17	0.13	0.13	0.26	0.44	-0.07	0.38	0.23	0.42	0.38	0.36	0.33	0.37
Interest	0.01	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.02
Expenses	0.10	0.20	0.21	0.29	0.28	0.22	0.04	0.10	0.17	0.17	0.12	0.10	0.07
Financing Profit	0.06	-0.07	-0.08	-0.04	0.16	-0.29	0.34	0.13	0.25	0.21	0.24	0.23	0.32
Financing Margin %	35.29%	-53.85%	-61.54%	-15.38%	36.36%	414.29%	89.47%	56.52%	59.52%	55.26%	66.67%	69.70%	86.49%
Other Income	0.00	0.00	0.00	0.00	0.00	0.04	0.00	0.00	0.01	0.01	0.00	0.00	0.00
Depreciation	0.05	0.03	0.04	0.04	0.00	0.02	0.02	0.02	0.02	0.02	0.02	0.00	0.05
Profit before tax	0.01	-0.10	-0.12	-0.08	0.16	-0.27	0.32	0.11	0.24	0.20	0.22	0.23	0.27
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.00%	27.27%	56.52%	40.74%
Net Profit	0.01	-0.10	-0.12	-0.07	0.17	-0.28	0.31	0.11	0.23	0.19	0.16	0.10	0.16
EPS in Rs	0.02	-0.20	-0.24	-0.14	0.34	-0.56	0.62	0.22	0.46	0.38	0.32	0.20	0.32
Gross NPA %
Net NPA %

Last Updated: March 3, 2026, 10:58 am

Quarterly Chart

Annual Profit & Loss + Growth

Profit & Loss

Last Updated: February 27, 2026, 3:50 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue	3.14	2.35	2.43	2.58	2.69	1.06	0.96	0.54	1.01	0.58	0.74	1.40	1.44
Interest	0.00	0.00	0.00	0.01	0.03	0.06	0.03	0.02	0.01	0.02	0.02	0.02	-0.02
Expenses	2.24	2.63	1.98	2.36	2.18	0.91	0.66	0.33	0.61	0.55	0.97	0.46	0.46
Financing Profit	0.90	-0.28	0.45	0.21	0.48	0.09	0.27	0.19	0.39	0.01	-0.25	0.92	1.00
Financing Margin %	28.66%	-11.91%	18.52%	8.14%	17.84%	8.49%	28.12%	35.19%	38.61%	1.72%	-33.78%	65.71%	69.44%
Other Income	0.02	0.55	0.02	0.24	1.05	0.05	0.10	0.01	0.07	0.02	0.05	0.02	0.01
Depreciation	0.68	0.06	0.03	0.03	0.08	0.07	0.15	0.16	0.16	0.16	0.10	0.10	0.09
Profit before tax	0.24	0.21	0.44	0.42	1.45	0.07	0.22	0.04	0.30	-0.13	-0.30	0.84	0.92
Tax %	-37.50%	23.81%	27.27%	21.43%	4.14%	142.86%	227.27%	75.00%	0.00%	0.00%	0.00%	1.19%
Net Profit	0.34	0.15	0.32	0.33	1.39	-0.03	-0.28	0.01	0.30	-0.13	-0.30	0.84	0.61
EPS in Rs	0.68	0.30	0.64	0.66	2.78	-0.06	-0.56	0.02	0.60	-0.26	-0.60	1.68	1.22
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit Loss Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-55.88%	113.33%	3.12%	321.21%	-102.16%	-833.33%	103.57%	2900.00%	-143.33%	-130.77%	380.00%
Change in YoY Net Profit Growth (%)	0.00%	169.22%	-110.21%	318.09%	-423.37%	-731.18%	936.90%	2796.43%	-3043.33%	12.56%	510.77%

Dharani Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

CAGR

Last Updated: September 5, 2025, 3:11 pm

Balance Sheet & Debt

Balance Sheet Data Table

Last Updated: February 1, 2026, 2:40 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Reserves	1.74	1.89	2.22	2.55	3.94	3.14	3.06	2.89	3.21	3.10	3.63	4.49	4.75
Borrowing	0.00	0.00	0.00	0.00	0.20	0.13	0.24	0.13	0.03	0.22	0.13	0.05	0.02
Other Liabilities	0.64	0.73	0.58	0.67	1.30	0.89	0.56	1.02	1.22	1.27	0.42	0.65	0.44
Total Liabilities	7.38	7.62	7.80	8.22	10.44	9.16	8.86	9.04	9.46	9.59	9.18	10.19	10.21
Fixed Assets	0.25	0.19	0.15	0.12	0.37	0.30	0.43	0.27	0.11	0.24	0.14	0.04	0.02
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	2.90	2.10	3.79	4.04	0.46	0.41	0.20	0.28	0.55	0.36	0.12	0.16	0.19
Other Assets	4.23	5.33	3.86	4.06	9.61	8.45	8.23	8.49	8.80	8.99	8.92	9.99	10.00
Total Assets	7.38	7.62	7.80	8.22	10.44	9.16	8.86	9.04	9.46	9.59	9.18	10.19	10.21

Reserves & Borrowings Chart

Cash Flow Analysis

Cash Flows

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.08	-0.02	-0.16	-0.04	-3.87	0.06	0.16	0.04	-0.01	-0.01	0.00	0.12
Cash from Investing Activity +	-0.11	0.93	-1.97	0.04	3.79	0.05	0.08	0.00	0.00	0.01	0.00	0.00
Cash from Financing Activity +	0.00	0.00	0.00	0.00	0.07	-0.15	-0.19	-0.03	-0.01	-0.02	-0.02	-0.02
Net Cash Flow	-0.03	0.91	-2.13	0.00	-0.01	-0.04	0.05	0.01	-0.02	-0.02	-0.02	0.10
Free Cash Flow	-0.40	0.00	-0.15	0.04	-4.16	0.06	0.16	0.04	-0.01	-0.01	0.00	0.12
CFO/OP	9%	7%	-36%	0%	-759%	100%	73%	38%	5%	67%	0%	17%

Free Cash Flow Table

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	2.24	2.63	1.98	2.36	1.98	0.78	0.42	0.20	0.58	0.33	0.84	0.41

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

Efficiency & Returns (ROE, ROCE, EPS)

Financial Efficiency Data Table

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	204.59	270.26	279.38	281.53	265.95	337.45	452.45	844.91	458.96	786.64	73.99	99.07
Inventory Days
Days Payable
Cash Conversion Cycle	204.59	270.26	279.38	281.53	265.95	337.45	452.45	844.91	458.96	786.64	73.99	99.07
Working Capital Days	183.66	223.66	261.36	216.45	177.75	241.04	513.28	844.91	491.49	975.43	656.01	182.50
ROCE %	3.35%	2.79%	6.09%	4.74%	17.74%	1.49%	3.02%	0.74%	3.81%	-1.33%	-3.28%	9.40%

Financial Efficiency Chart

ROCE/ROE % Chart

EPS Chart

All Financial Ratios

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.68	-0.61	-0.25	0.61	0.02
Diluted EPS (Rs.)	1.68	-0.61	-0.25	0.61	0.02
Cash EPS (Rs.)	1.88	-0.40	0.05	0.95	0.34
Book Value[Excl.RevalReserv]/Share (Rs.)	18.98	17.27	16.21	16.42	15.78
Book Value[Incl.RevalReserv]/Share (Rs.)	18.98	17.27	16.21	16.42	15.78
Revenue From Operations / Share (Rs.)	2.81	1.49	1.17	2.02	1.08
PBDIT / Share (Rs.)	1.92	-0.37	0.09	0.93	0.43
PBIT / Share (Rs.)	1.72	-0.57	-0.21	0.62	0.11
PBT / Share (Rs.)	1.69	-0.60	-0.25	0.60	0.07
Net Profit / Share (Rs.)	1.68	-0.60	-0.25	0.64	0.02
PBDIT Margin (%)	68.46	-25.27	8.50	46.13	40.29
PBIT Margin (%)	61.39	-38.61	-18.09	30.73	10.26
PBT Margin (%)	60.24	-40.89	-21.67	30.01	7.11
Net Profit Margin (%)	59.70	-40.89	-21.67	31.75	1.87
Return on Networth / Equity (%)	8.83	-3.52	-1.56	3.91	0.12
Return on Capital Employeed (%)	8.63	-3.20	-1.25	3.63	0.67
Return On Assets (%)	8.22	-3.30	-1.31	3.39	0.11
Asset Turnover Ratio (%)	0.14	0.07	0.06	0.10	0.06
Current Ratio (X)	47.47	37.58	7.70	10.03	10.59
Quick Ratio (X)	47.47	37.58	7.70	10.03	10.59
Interest Coverage Ratio (X)	59.31	-11.12	2.38	63.88	12.79
Interest Coverage Ratio (Post Tax) (X)	52.72	-16.99	-5.06	44.97	1.59
Enterprise Value (Cr.)	5.58	2.78	3.42	3.38	2.68
EV / Net Operating Revenue (X)	3.98	3.73	5.86	3.34	4.97
EV / EBITDA (X)	5.81	-14.78	68.83	7.24	12.32
MarketCap / Net Operating Revenue (X)	4.05	3.74	5.89	3.38	5.08
Price / BV (X)	0.59	0.32	0.42	0.41	0.34
Price / Net Operating Revenue (X)	4.05	3.74	5.90	3.38	5.08
EarningsYield	0.14	-0.10	-0.03	0.09	0.00

Profitability Ratios Chart

Liquidity Ratios Chart

Liquidity Ratios Percentage Chart

Coverage Ratios Chart

Valuation Ratios Chart

Fair Value, Strengths & Final Verdict

Shareholding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	28.24%	28.24%	28.24%	28.24%	28.24%	28.24%	28.24%	28.24%	28.24%	28.24%	28.68%	28.70%
Public	71.77%	71.76%	71.77%	71.76%	71.75%	71.76%	71.75%	71.75%	71.76%	71.76%	71.32%	71.29%
No. of Shareholders	9,219	9,225	9,214	9,200	9,196	9,137	9,114	9,172	9,189	9,171	9,153	9,161

Shareholding Pattern Chart

No. of Shareholders Chart

Dharani Finance Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

About the Company

Dharani Finance Ltd. is a Public Limited Listed company incorporated on 10/05/1990 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L65191TN1990PLC019152 and registration number is 019152. 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. 1.40 Cr. and Equity Capital is Rs. 5.00 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	PGP House, No.59 Sterling Road, Chennai (Madras) Tamil Nadu 600034	Contact not found

Management
Name	Position Held
Dr. Palani G Periasamy	Chairman
Mr. R Murugavel	Managing Director
Mrs. Visalakshi Periasamy	Non Executive Director
Mr. K Kandasamy	Non Executive Director
Mr. P R Shampath	Independent Director
Mr. P Muthusamy	Independent Director

FAQ

What is the intrinsic value of Dharani Finance Ltd and is it undervalued?

As of 20 April 2026, Dharani Finance Ltd's intrinsic value is ₹12.46, which is 49.04% higher than the current market price of ₹8.36, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (9.28 %), book value (₹19.5), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Dharani Finance Ltd?

Dharani Finance Ltd is trading at ₹8.36 as of 20 April 2026, with a FY2026-2027 high of ₹18.0 and low of ₹8.36. The stock is currently near its 52-week low. Market cap stands at ₹4.18 Cr..

How does Dharani Finance Ltd's P/E ratio compare to its industry?

Dharani Finance Ltd has a P/E ratio of 6.85, which is below the industry average of 101.56. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Dharani Finance Ltd financially healthy?

Key indicators for Dharani Finance Ltd: ROCE of 9.40 % is on the lower side compared to the industry average of 15.81%. Dividend yield is 0.00 %.

Is Dharani Finance Ltd profitable and how is the profit trend?

Dharani Finance Ltd reported a net profit of ₹1 Cr in Mar 2025 on revenue of ₹1 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does Dharani Finance Ltd pay dividends?

Dharani Finance Ltd has a dividend yield of 0.00 % at the current price of ₹8.36. The company is currently not paying meaningful dividends.