Dhani Services Limited (DHANI) - Net Assets

Latest as of March 2025: Rs28.77 Billion INR ≈ $311.12 Million USD

Based on the latest financial reports, Dhani Services Limited (DHANI) has net assets worth Rs28.77 Billion INR (≈ $311.12 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs37.32 Billion ≈ $403.56 Million USD) and total liabilities (Rs8.55 Billion ≈ $92.45 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Dhani Services Limited (DHANI) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs28.77 Billion
% of Total Assets	77.09%
Annual Growth Rate	17.85%
5-Year Change	-48.74%
10-Year Change	767.63%
Growth Volatility	93.0

Dhani Services Limited - Net Assets Trend (2005–2025)

This chart illustrates how Dhani Services Limited's net assets have evolved over time, based on quarterly financial data. Also explore Dhani Services Limited assets under control for the complete picture of this company's asset base.

Annual Net Assets for Dhani Services Limited (2005–2025)

The table below shows the annual net assets of Dhani Services Limited from 2005 to 2025. For live valuation and market cap data, see DHANI market cap.

Year	Net Assets	Change
2025-03-31	Rs28.77 Billion ≈ $311.12 Million	-16.87%
2024-03-31	Rs34.61 Billion ≈ $374.25 Million	-10.57%
2023-03-31	Rs38.69 Billion ≈ $418.47 Million	-26.59%
2022-03-31	Rs52.71 Billion ≈ $570.04 Million	-6.08%
2021-03-31	Rs56.12 Billion ≈ $606.97 Million	+0.44%
2020-03-31	Rs55.88 Billion ≈ $604.29 Million	-15.02%
2019-03-31	Rs65.75 Billion ≈ $711.08 Million	+246.39%
2018-03-31	Rs18.98 Billion ≈ $205.28 Million	+349.38%
2017-03-31	Rs4.22 Billion ≈ $45.68 Million	+27.40%
2016-03-31	Rs3.32 Billion ≈ $35.86 Million	+0.85%
2015-03-31	Rs3.29 Billion ≈ $35.56 Million	+38.95%
2014-03-31	Rs2.37 Billion ≈ $25.59 Million	+8.76%
2013-03-31	Rs2.18 Billion ≈ $23.53 Million	-7.27%
2012-03-31	Rs2.35 Billion ≈ $25.37 Million	-4.07%
2011-03-31	Rs2.45 Billion ≈ $26.45 Million	+5.60%
2010-03-31	Rs2.32 Billion ≈ $25.04 Million	-21.95%
2009-03-31	Rs2.97 Billion ≈ $32.09 Million	-19.72%
2008-03-31	Rs3.70 Billion ≈ $39.97 Million	+15.79%
2007-03-31	Rs3.19 Billion ≈ $34.52 Million	+76.26%
2006-03-31	Rs1.81 Billion ≈ $19.58 Million	+68.07%
2005-03-31	Rs1.08 Billion ≈ $11.65 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Dhani Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 2268450300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Common Stock	Rs1.22 Billion	4.29%
Other Components	Rs49.83 Billion	175.70%
Total Equity	Rs28.36 Billion	100.00%

Dhani Services Limited Competitors by Market Cap

The table below lists competitors of Dhani Services Limited ranked by their market capitalization.

Company	Market Cap
Kinko Optical Co Ltd TW:6209	$342.36 Million
The Hackett Group Inc NASDAQ:HCKT	$342.38 Million
Woori Technology Investment Co. Ltd KQ:041190	$342.49 Million
Samchully KO:004690	$342.49 Million
Concrete Pumping Holdings Class A NASDAQ:BBCP	$342.26 Million
Tangshan Jidong Equipment Engineering Co Ltd SHE:000856	$342.14 Million
Keysino Separation Technology Inc SHE:300899	$342.07 Million
ECARX Holdings Inc. Class A Ordinary shares NASDAQ:ECX	$341.86 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Dhani Services Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 34,452,627,000 to 28,358,230,000, a change of -6,094,397,000 (-17.7%).
Net loss of 548,176,000 reduced equity.
New share issuances of 1,014,459,000 increased equity.
Other comprehensive income decreased equity by 2,526,021,000.
Other factors decreased equity by 4,034,659,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs-548.18 Million	-1.93%
Share Issuances	Rs1.01 Billion	+3.58%
Other Comprehensive Income	Rs-2.53 Billion	-8.91%
Other Changes	Rs-4.03 Billion	-14.23%
Total Change	Rs-	-17.69%

Book Value vs Market Value Analysis

This analysis compares Dhani Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.04x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 12.02x to 1.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs4.25	Rs51.06	x
2006-03-31	Rs7.14	Rs51.06	x
2007-03-31	Rs12.41	Rs51.06	x
2008-03-31	Rs14.17	Rs51.06	x
2009-03-31	Rs11.70	Rs51.06	x
2010-03-31	Rs8.88	Rs51.06	x
2011-03-31	Rs10.57	Rs51.06	x
2012-03-31	Rs10.15	Rs51.06	x
2013-03-31	Rs9.41	Rs51.06	x
2014-03-31	Rs9.98	Rs51.06	x
2015-03-31	Rs11.76	Rs51.06	x
2016-03-31	Rs11.28	Rs51.06	x
2017-03-31	Rs13.56	Rs51.06	x
2018-03-31	Rs39.99	Rs51.06	x
2019-03-31	Rs112.06	Rs51.06	x
2020-03-31	Rs83.92	Rs51.06	x
2021-03-31	Rs95.85	Rs51.06	x
2022-03-31	Rs90.04	Rs51.06	x
2023-03-31	Rs66.07	Rs51.06	x
2024-03-31	Rs59.59	Rs51.06	x
2025-03-31	Rs49.15	Rs51.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dhani Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -1.93%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -16.16%
• Asset Turnover: 0.09x
• Equity Multiplier: 1.32x
Recent ROE (-1.93%) is below the historical average (17.19%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	28.98%	27.18%	0.34x	3.15x	Rs204.53 Million
2006	65.84%	37.49%	0.36x	4.88x	Rs1.01 Billion
2007	43.05%	31.77%	0.65x	2.10x	Rs1.05 Billion
2008	68.11%	40.43%	0.40x	4.17x	Rs2.15 Billion
2009	-4.42%	-3.63%	0.47x	2.60x	Rs-427.90 Million
2010	29.13%	19.80%	0.33x	4.42x	Rs442.90 Million
2011	-1.01%	-0.75%	0.45x	2.99x	Rs-269.25 Million
2012	-4.37%	-6.87%	0.29x	2.19x	Rs-337.16 Million
2013	29.09%	37.88%	0.31x	2.51x	Rs415.43 Million
2014	42.95%	37.14%	0.33x	3.46x	Rs779.74 Million
2015	45.82%	46.82%	0.13x	7.38x	Rs1.18 Billion
2016	22.27%	20.49%	0.13x	8.20x	Rs406.83 Million
2017	24.21%	26.09%	0.18x	5.16x	Rs600.11 Million
2018	11.04%	27.66%	0.10x	4.09x	Rs197.12 Million
2019	7.14%	24.57%	0.12x	2.49x	Rs-1.83 Billion
2020	0.09%	0.20%	0.19x	2.30x	Rs-4.98 Billion
2021	-4.34%	-18.35%	0.12x	1.95x	Rs-7.43 Billion
2022	-17.11%	-69.11%	0.15x	1.70x	Rs-13.73 Billion
2023	-12.58%	-86.60%	0.10x	1.39x	Rs-8.61 Billion
2024	-10.89%	-100.69%	0.08x	1.31x	Rs-7.20 Billion
2025	-1.93%	-16.16%	0.09x	1.32x	Rs-3.38 Billion

Industry Comparison

This section compares Dhani Services Limited's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dhani Services Limited (DHANI)	Rs28.77 Billion	28.98%	0.30x	$342.32 Million
Allcargo Gati Limited (ACLGATI)	$2.90 Billion	3.28%	1.93x	$105.06 Million
Gujarat Raffia Industries Limited (GUJRAFFIA)	$206.35 Million	2.51%	0.26x	$4.35K
Ind-Swift Limited (INDSWFTLTD)	$3.21 Billion	0.00%	3.88x	$9.23 Million
Inox Wind Energy Limited (IWEL)	$21.90 Billion	13.85%	1.35x	$1.34 Billion
Mangalore Chemicals & Fertilizers Limited (MANGCHEFER)	$-501.25 Million	0.00%	0.00x	$395.72 Million
Zodiac Energy Limited (ZODIAC)	$360.50 Million	8.85%	1.63x	$25.69 Million

About Dhani Services Limited

NSE:DHANI India

Market Cap

$342.32 Million

Rs31.65 Billion INR

Market Cap Rank

#14410 Global

#694 in India

Share Price

Rs51.06

Change (1 day)

-8.87%

52-Week Range

Rs51.06 - Rs73.96

All Time High

Rs797.43