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Page: Company Financials

Dharni Capital Services Ltd.

Ticker: DHARNI.BO | Industry: Investment - Banking & Investment Services | Sector: Financial Services
$61.21 0.00 (0.00%)
As of: 2026-01-21

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020
Stock Price 53.56 45.26 25.39 24.00 24.00 24.00
Market Capitalization 1,091.60M 1,042.92M 548.82M 426.71M 492.00M 492.00M
(-) Cash & Equivalents 21.22M 36.11M 103.29M 5.39M 2.12M 0.05M
(+) Total Debt 14.75M 3.70M 0.00M 0.00M 0.70M 1.92M
Enterprise Value 1,085.12M 1,010.51M 445.52M 421.32M 490.58M 493.87M

Income Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Revenue 196M 175M 91M 96M 50M 147M 26M 2M
Cost of Revenue 15M 4M 2M 9M 6M 8M 6M 0M
Gross Profit 181M 171M 90M 87M 44M 139M 20M 2M
Gross Profit Margin 92.4% 97.6% 98.1% 90.4% 88.3% 94.9% 77.0% 82.4%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 23M 3M 39M 2M 2M 2M 1M 1M
Operating Expenses 23M 90M 39M 45M 34M 134M 23M 2M
Operating Income (EBIT) 158M 81M 50M 41M 11M 6M -4M 0M
Operating Income Margin 80.6% 46.1% 55.1% 43.1% 21.2% 3.8% -14.1% -9.5%
Interest Income 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 0M 0M 0M 0M 0M 0M 0M 0M
Net Interest Income 0M 0M 0M 0M 0M 0M 0M 0M
Unusual Items -56M -38M 0M 0M 5M 7M 6M 0M
EBT Excluding Unusual Items 158M 81M 50M 41M 11M 6M -4M 0M
Pre-Tax Income 102M 42M 50M 41M 16M 13M 2M 0M
Pre-Tax Margin 52.1% 24.2% 55.1% 43.3% 32.0% 8.8% 7.6% 5.3%
Income Tax Expense 25M 10M 13M 10M 4M 3M 0M 0M
Net Income 78M 32M 39M 31M 12M 10M 2M 0M
Net Income Margin 39.5% 18.2% 42.2% 32.5% 23.8% 6.6% 6.0% 6.8%
Depreciation & Amortization 4M 0M 1M 1M 0M 1M 0M 0M
EBITDA 162M 81M 52M 43M 11M 6M -3M 0M
EBITDA Margin 82.5% 46.3% 56.7% 44.5% 22.2% 4.1% -13.2% 8.2%
NOPAT 119M 61M 38M 31M 8M 4M -3M 0M
NOPAT Margin 60.6% 34.7% 41.4% 32.3% 15.8% 2.8% -11.0% -12.2%
Owner's Earnings 10M 22M 40M -31M 3M 10M 1M 0M
Owner's Earnings Margin 5.2% 12.7% 43.8% -32.5% 5.4% 6.9% 2.1% 20.2%
EPS (Basic) 3.64 1.92 1.89 1.53 0.75 0.47 0.07 0.01
EPS (Diluted) 3.57 1.63 1.89 1.53 0.75 0.47 0.07 0.01
Shares (Basic) 22M 20M 20M 20M 16M 21M 21M 21M
Shares (Diluted) 22M 20M 20M 20M 16M 21M 21M 21M

Balance Sheet

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Cash & Cash Equivalents 42.09M 0.36M 0.36M 48.14M 112.81M 8.36M 0.05M 0.06M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 42.09M 0.36M 0.36M 48.14M 112.81M 8.36M 0.05M 0.06M
Net Receivables 9.59M 2.63M 2.63M 1.25M 1.19M 2.02M 0.19M 0.46M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets -51.68M -2.98M -2.98M 46.78M 4.01M 1.32M 0.52M 0.85M
Total Current Assets 0.00M 0.00M 0.00M 96.17M 118.02M 11.70M 0.75M 1.37M
Property, Plant & Equipment 117.96M 122.66M 122.66M 69.50M 7.45M 1.12M 1.59M 0.76M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 0.00M 0.00M 25.90M 18.60M 11.52M 0.00M 0.00M
Tax Assets 0.13M 0.13M 0.13M 0.00M 0.14M 0.19M 0.14M 0.13M
Other Non-Current Assets -118.09M -122.79M -122.79M 0.10M 2.80M 0.42M 0.06M 0.00M
Other Assets 251.92M 238.03M 238.03M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 251.92M 238.03M 238.03M 95.51M 28.99M 13.24M 1.78M 0.89M
Total Assets 251.92M 238.03M 238.03M 191.67M 147.00M 24.95M 2.54M 2.26M
Accounts Payable 0.00M 0.00M 0.00M 16.71M 0.18M 0.04M 0.09M 0.00M
Short-Term Debt 0.00M 3.78M 3.78M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 0.00M -3.78M -3.78M 1.91M 0.25M 0.03M 0.01M 0.00M
Total Current Liabilities 0.00M 0.00M 0.00M 18.62M 0.42M 0.07M 0.10M 0.00M
Long-Term Debt 8.72M 17.00M 17.00M 0.00M 0.00M 0.00M 0.94M 2.25M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities -8.72M -17.00M -17.00M 0.00M 1.01M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 0.00M 0.00M 0.00M 0.00M 1.01M 0.00M 0.94M 2.25M
Total Liabilities 0.00M 0.00M 0.00M 18.62M 1.43M 0.07M 1.04M 2.25M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 20.37M 20.37M 20.37M 20.37M 20.37M 15.00M 0.10M 0.10M
Retained Earnings 0.00M 0.00M 0.00M 50.65M 19.58M 7.67M 1.02M -0.51M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.10M 0.10M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 20.37M 20.37M 20.37M 71.02M 39.95M 22.67M 1.22M -0.31M
Total Equity 20.37M 20.37M 20.37M 71.02M 39.95M 22.67M 1.22M -0.31M
Total Liabilities & Equity 20.37M 20.37M 20.37M 89.64M 41.38M 22.74M 2.25M 1.94M
Tangible Assets 251.92M 238.03M 238.03M 191.67M 147.00M 24.95M 2.54M 2.26M
Tangible Equity 20.37M 20.37M 20.37M 71.02M 39.95M 22.67M 1.22M -0.31M
Tangible Book Value 20.37M 20.37M 20.37M 71.02M 39.95M 22.67M 1.22M -0.31M
Total Investments 0.00M 0.00M 0.00M 25.90M 18.60M 11.52M 0.00M 0.00M
Net Debt -33.37M 20.43M 20.43M -48.14M -112.81M -8.36M 0.89M 2.19M

Capital Metrics

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Working Capital 0.0M 0.0M 0.0M 77.5M 115.9M 9.9M 0.3M 1.0M
Total Capital 243.4M 232.4M 232.4M 173.1M 142.0M 22.7M 2.1M 1.8M
Capital Employed 251.9M 238.0M 238.0M 173.1M 142.0M 22.7M 2.1M 1.8M
Invested Capital 201.3M 232.0M 232.0M 124.9M 29.2M 14.3M 2.0M 1.8M

Cash Flow Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
Net Income 57.45M 31.96M 0.00M 31.07M 11.91M 9.66M 1.53M 0.13M
Depreciation & Amortization 2.91M 1.26M 1.47M 1.40M 0.47M 0.55M 0.24M 0.35M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 4.12M -10.05M -27.50M 0.15M -2.77M -4.54M 0.23M -0.30M
Accounts Receivable -8.19M -9.71M -1.38M -1.17M -1.70M -2.02M 0.12M -0.01M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 0.70M -0.12M -16.67M 16.54M 0.13M -0.05M 0.06M 0.03M
Other Working Capital 11.62M -0.22M -9.45M -15.22M -1.20M -2.47M 0.05M -0.32M
Other Non-Cash Items 20.22M 17.67M 51.04M 2.42M 6.46M 6.37M 0.83M 0.67M
Net Cash from Operating Activities 84.70M 27.48M 25.02M 35.05M 13.56M 8.87M 2.54M 0.17M
Capital Expenditures (PPE) -71.07M -10.07M 0.00M -63.63M -9.66M -0.08M -1.24M -0.08M
Acquisitions (Net) 4.55M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments 53.51M -33.48M -47.88M 0.00M -6.98M -11.52M 0.00M 0.00M
Sales / Maturities of Investments 3.04M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities -227.36M -7.15M -45.70M -36.09M 0.12M 0.08M -0.06M 0.00M
Net Cash from Investing Activities -237.32M -50.69M -93.58M -99.71M -16.52M -11.51M -1.24M -0.08M
Net Debt Issuance 8.32M -0.47M 20.78M 0.00M 0.00M -0.94M -1.31M -0.30M
Long-Term Debt Issuance 8.72M -0.47M 17.00M 0.00M 0.00M -0.94M -1.31M -0.30M
Short-Term Debt Issuance -0.40M 0.00M 3.78M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance 0.00M 5.95M 0.00M 0.00M 107.40M 11.90M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.37M 113.35M 0.00M 0.00M 107.40M 11.90M 0.00M 0.00M
Net Cash from Financing Activities 8.69M 112.88M 20.78M 0.00M 107.40M 10.97M -1.31M -0.30M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.27M
Net Change in Cash -27.97M -16.10M 0.00M -64.67M 104.45M 8.32M -0.01M -0.21M
Cash at Beginning of Period 118.20M 115.26M 1.26M 112.81M 8.36M 0.05M 0.06M 0.27M
Cash at End of Period 67.78M 99.16M 0.36M 48.14M 112.81M 8.36M 0.05M 0.06M
Operating Cash Flow 84.70M 27.48M 25.02M 35.05M 13.56M 8.87M 2.54M 0.17M
Capital Expenditure -71.07M -10.07M 0.00M -63.63M -9.66M -0.08M -1.24M -0.08M
Free Cash Flow 28.52M 17.41M 0.00M -28.58M 3.91M 8.79M 1.30M 0.09M

Free Cash Flow

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31
EBITDA 161.82M 168.78M 51.80M 86.03M 42.71M 138.16M 18.68M 1.28M
(-) Tax Adjustment 40.14M 41.69M 12.89M 21.49M 10.88M 34.62M 4.08M 0.00M
(-) Change In Working Capital 4.12M -10.05M -27.50M 0.15M -2.77M -4.54M 0.23M -0.30M
(-) Capital Expenditure -71.07M -10.07M 0.00M -63.63M -9.66M -0.08M -1.24M -0.08M
Unlevered Free Cash Flow 46.49M 127.07M 66.41M 0.76M 24.93M 108.00M 13.13M 1.50M
(-) Net Interest Income After Taxes -0.02M 0.01M 0.00M 0.00M -0.02M 0.00M 0.00M 0.00M
Net Debt Issuance 8.32M -0.47M 20.78M 0.00M 0.00M -0.94M -1.31M -0.30M
Levered Free Cash Flow 54.84M 126.59M 87.19M 0.76M 24.95M 107.07M 11.82M 1.19M