On 6 Nov 2026, Dharani Finance was priced at ₹10.90, or 9.2× trailing earnings, and the shares are 36% below their 52-week high. Its ROE of 5.7% is the lowest among the 7 largest Credit Services peers. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 0.55× book value. It is a small-cap company with a market cap of ₹5.44 Cr, ranked 186th of 193 Credit Services companies by market cap; the shares fell 24% over the past year.
- ₹10.79
- ₹11.85
- ₹10.79
- ₹10.79
- 1.2K
Health check
- ReturnsBehind
−24.3% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/B 0.55 vs peer median 2.62.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityWeak
ROE 5.7% vs peer median 18.7%.
- Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
- Red flags2 to check
Return on equity is low at 5.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹5.44 Cr
- Small cap
- P/E
- 9.2
- Industry 15.5
- Price to book
- 0.55
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 5.7%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹1.19
- OPM (TTM)
- 68.4%
- Net margin 40.7%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +23.9%
- Latest quarter vs a year ago
- Price to sales
- 3.73
- EV/EBITDA 6.0
Strengths and risks
Strengths
- Quarterly profit up 23.9% on a year ago.
Risks to check
- Return on equity is low at 5.7%.
- 36% below its 52-week high.
About Dharani Finance
Dharani Finance Limited provides non-banking financial services in India. It offers working capital loans, purchase of equipment and machinery loans, business or capacity expansion loans, and term loans against property; personal financing solution; and foreign exchange solutions. It also provides financial services, such as leasing, investment planning, and consultancy services. In addition, the company provides travel and tourism services. Dharani…
- Headquarters
- Chennai
- Employees
- 3
- Sector
- Financial Services
- ISIN
- INE899D01011
- Website
- dharanifinance.com
Price range
- Avg volume (3M)
- 799
- 1-year return
- minus 24.3%
- From 52-week high
- minus 35.9%
Peers · Credit Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCEBajaj Finance | 1,087.75 | plus 1.66% | 6,77,005 | 31.3 | 5.49 | 19.0% | 3.8% | 18.2% | 0.50% | plus 1.2% |
| SHRIRAMFINShriram Finance | 961.15 | minus 0.30% | 2,26,167 | 16.0 | 2.03 | 14.8% | 3.9% | 18.6% | 1.80% | plus 21.0% |
| CHOLAFINCholamandalam Investment and Finance Company | 1,785.00 | plus 1.42% | 1,53,103 | 24.5 | 4.41 | 20.6% | 2.6% | 25.2% | 0.11% | plus 0.8% |
| TATACAPTata Capital | 358.05 | plus 2.93% | 1,50,979 | 25.4 | 3.10 | 14.1% | 2.2% | – | 0.16% | plus 5.6% |
| MUTHOOTFINMuthoot Finance | 2,869.00 | plus 1.06% | 1,15,181 | 9.4 | 2.62 | 31.6% | 6.3% | 43.1% | 1.05% | minus 11.0% |
| PFCPower Finance Corporation | 328.80 | minus 0.18% | 1,08,507 | 4.1 | 0.74 | 18.7% | 2.7% | 17.7% | 4.99% | minus 16.9% |
| IRFCIndian Railway Finance Corporation | 80.43 | plus 0.37% | 1,05,110 | 14.3 | 1.73 | 12.6% | 1.4% | 4.4% | 2.74% | minus 34.4% |
| DHARFINDharani Finance | 10.90 | plus 1.02% | 5 | 9.2 | 0.55 | 5.7% | – | – | 0.00% | minus 24.3% |
| Median of 7 peers | – | 1.06% | 1,50,979 | 16.0 | 2.62 | 18.7% | 2.7% | 18.4% | 1.05% | 0.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | |
| 0.1 | 0.1 | 0 | 0.2 | 0.1 | |
| 0.2 | 0.2 | 0.3 | 0.2 | 0.3 | |
| 61.1% | 71.8% | 85.2% | 47.4% | 69.2% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | −0 | 0 | −0.1 | 0 | |
| 0.2 | 0.2 | 0.3 | 0.1 | 0.3 | |
| 25.0% | 56.6% | 41.6% | −46.2% | 23.9% | |
| 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | |
| 0.33 | 0.20 | 0.32 | 0.26 | 0.41 |
Profit & loss
- ROE
- 5.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.5 | 0.4 | 1.3 | 1.3 | |
| – | minus 21.8% | +238.0% | minus 1.4% | |
| 0.3 | 0.4 | 0.4 | 0.4 | |
| 0.2 | −0 | 0.9 | 0.9 | |
| 40.8% | −5.8% | 66.7% | 66.6% | |
| 0 | 0.1 | 0 | 0 | |
| 0.2 | 0.1 | 0.1 | 0.1 | |
| −0.2 | −0.2 | 0 | 0 | |
| −0.1 | −0.3 | 0.8 | 0.8 | |
| – | – | 0.9% | 31.6% | |
| −0.1 | −0.3 | 0.8 | 0.6 | |
| -0.25 | -0.61 | 1.68 | 1.11 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5 | 5 | 5 | 5 | |
| 3.1 | 3.6 | 4.5 | 5 | |
| 0.2 | 0.1 | 0 | 0.6 | |
| 1.3 | 0.4 | 0.7 | 0.6 | |
| 9.6 | 9.2 | 10.2 | 11.2 | |
| 0.2 | 0 | 0 | 0.4 | |
| 0.4 | 1.5 | 0.9 | 0.9 | |
| 0 | 0 | 0.1 | 0.3 | |
| 9 | 7.6 | 9.1 | 9.6 | |
| 9.6 | 9.2 | 10.2 | 11.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0 | −0 | 0.1 | 0.3 | |
| 0 | 0 | 0 | −0.7 | |
| −0 | −0 | −0 | 0.5 | |
| −0 | −0 | 0.1 | 0.1 | |
| – | – | – | −0.7 | |
| −0 | −0 | 0.1 | −0.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.