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Dhani Services Limited (532960) Report Analysis

Corporate Events

Negative

Dhani Services Limited Announces Tenure End of ...

2022-11-25 12:04:00

Dhani Services Limited announced that current tenure of Mr. Rakesh Mohan Garg as independent director of the company, has come to an end effec...

Negative

Dhani Services Limited Announces Appointment of...

2022-11-11 11:25:00

Dhani Services Limited announced that the Board of Directors in its aforesaid meeting held on November 11, 2022, appointed Ms. Swati Jain as I...

Neutral

Dhani Services Limited, Board Meeting, Nov 11, 2022

2022-11-05 10:45:00

Dhani Services Limited, Board Meeting, Nov 11, 2022. Agenda: To consider and approve inter-alia the unaudited financial results of the Company...

Neutral

Dhani Services Limited to Report Q2, 2023 Resul...

2022-11-05 10:45:00

Dhani Services Limited announced that they will report Q2, 2023 results on Nov 11, 2022

Negative

Dhani Services Limited Announces Cessation of M...

2022-10-06 15:48:00

Dhani Services Limited announced that current tenure of Prof. Mohanbir Singh Sawhney as Independent Director of the Company, has come to an en...

Negative

Dhani Services Limited Announces Resignation of...

2022-09-23 15:31:00

Dhani Services Limited announced that due to personal reasons and family commitments, Mr. Anish Ernest Williams (DIN: 03314110), Non-Executive...

Negative

Dhani Services Limited Announces Cessation of P...

2022-09-15 13:15:00

Dhani Services Limited announced that current tenure of Mr. Praveen Kumar Tripathi (DIN: 02167497), as Independent Director of the Company, ha...

Neutral

Dhani Services Limited - Shareholder/Analyst Call

2022-09-01 15:24:00

AGM

Neutral

Dhani Services Limited, Annual General Meeting,...

2022-09-01 15:24:00

Dhani Services Limited, Annual General Meeting, Sep 29, 2022, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the audite...

Negative

Dhani Services Limited Announces Change in Directorate

2022-08-22 21:36:00

Dhani Services Limited announced that the current tenure of Mrs. Fantry Mein Jaswal (DIN: 07011247), as Independent Director of the Company, h...

Negative

Dhani Services Limited Announces Executive Changes

2022-08-12 13:28:00

Dhani Services Limited at its board of directors meeting held on August 12, 2022 appointed Vikas Khandelwal (ACS-18475) as Company Secretary a...

Neutral

Dhani Services Limited, Board Meeting, Aug 12, 2022

2022-08-06 09:10:00

Dhani Services Limited, Board Meeting, Aug 12, 2022, at 17:30 Indian Standard Time. Agenda: To consider and approve the unaudited financial re...

Neutral

Dhani Services Limited, Q4 2022 Earnings Call, ...

2022-05-30 16:11:00

Dhani Services Limited, Q4 2022 Earnings Call, May 31, 2022

Neutral

Dhani Services Limited to Report Q4, 2022 Resul...

2022-05-23 11:18:00

Dhani Services Limited announced that they will report Q4, 2022 results on May 30, 2022

Neutral

Dhani Services Limited, Board Meeting, May 30, 2022

2022-05-23 11:18:00

Dhani Services Limited, Board Meeting, May 30, 2022, at 17:30 Indian Standard Time. Agenda: To consider and approve inter-alia the audited fin...

Neutral

Dhani Services Limited Changes Address of Regis...

2022-04-28 11:39:00

Dhani Services Limited announced that, pursuant to the approval of the Board of directors of the Company, the Registered Office of the Company...

Neutral

Dhani Services Limited, Q3 2022 Earnings Call, ...

2022-02-11 15:12:00

Dhani Services Limited, Q3 2022 Earnings Call, Feb 14, 2022

Neutral

Dhani Services Limited, Board Meeting, Feb 14, 2022

2022-02-08 11:00:00

Dhani Services Limited, Board Meeting, Feb 14, 2022. Agenda: To consider and approve the unaudited financial results of the company for the qu...

Neutral

Dhani Services Limited to Report Q3, 2022 Resul...

2022-02-08 11:00:00

Dhani Services Limited announced that they will report Q3, 2022 results on Feb 14, 2022

Negative

Dhani Services Limited Approves Auditor Change

2021-12-10 10:43:00

Dhani Services Limited approved appointment of Messrs Sharp & Tannan as Statutory Auditors and to fix their remuneration, in place of Messrs W...

Negative

Dhani Services Limited Announces Tenure End of Rakesh Mohan Garg as Independent Director

2022-11-25 12:04:00

Dhani Services Limited announced that current tenure of Mr. Rakesh Mohan Garg as independent director of the company, has come to an end effective from November 24, 2022.

Negative

Dhani Services Limited Announces Appointment of Swati Jain as Independent (Additional) Director

2022-11-11 11:25:00

Dhani Services Limited announced that the Board of Directors in its aforesaid meeting held on November 11, 2022, appointed Ms. Swati Jain as Independent (Additional) Director, on the Board of the Company for a period of one year, with effect from June 11, 2022 .Mrs. Swati Jain is a seasoned and committed professional. She is a graduate in Commerce, Masters in Business Administration and a qualified Chartered Accountant. She has been in practice as a Chartered Accountant for the last 10 years and possesses rich experience in Finance, Taxation and Accountancy. She is an expert in managing a wide spectrum of finance & accounts activities encompassing finalization of accounts, credit control, cash flow management, taxation, and auditing & bank reconciliation statements. She is proficient in ensuring compliance with all applicable rules & regulations laid by various governing bodies. Mrs. Jain has got strong analytical & organizational abilities with adeptness in formulating accounting systems, preparing accounting records and financial statements. She possesses effective com- munication, organizational & interpersonal skills and expertise in working in a highly com- petitive environment. Mrs. Jain does not hold any shares in the Company and is not related to any other Director of the Company. Presently, she is not on the Board of any other company. Mrs. Jain is not debarred from holding the office of director by virtue of any order passed by SEBI or any other such authority.

Neutral

Dhani Services Limited, Board Meeting, Nov 11, 2022

2022-11-05 10:45:00

Dhani Services Limited, Board Meeting, Nov 11, 2022. Agenda: To consider and approve inter-alia the unaudited financial results of the Company for the quarter and half year ended September 30, 2022.

Neutral

Dhani Services Limited to Report Q2, 2023 Results on Nov 11, 2022

2022-11-05 10:45:00

Dhani Services Limited announced that they will report Q2, 2023 results on Nov 11, 2022

Negative

Dhani Services Limited Announces Cessation of Mohanbir Singh Sawhney as Independent Director

2022-10-06 15:48:00

Dhani Services Limited announced that current tenure of Prof. Mohanbir Singh Sawhney as Independent Director of the Company, has come to an end effective on October 06, 2022.

Negative

Dhani Services Limited Announces Resignation of Anish Ernest Williams as Non-Executive Director

2022-09-23 15:31:00

Dhani Services Limited announced that due to personal reasons and family commitments, Mr. Anish Ernest Williams (DIN: 03314110), Non-Executive Director of the Company, has resigned effective either September 23, 2022.

Negative

Dhani Services Limited Announces Cessation of Praveen Kumar Tripathi as Independent Director

2022-09-15 13:15:00

Dhani Services Limited announced that current tenure of Mr. Praveen Kumar Tripathi (DIN: 02167497), as Independent Director of the Company, has come to an end effective September 15, 2022.

Neutral

Dhani Services Limited - Shareholder/Analyst Call

2022-09-01 15:24:00

AGM

Neutral

Dhani Services Limited, Annual General Meeting, Sep 29, 2022

2022-09-01 15:24:00

Dhani Services Limited, Annual General Meeting, Sep 29, 2022, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited standalone and consolidated financial statements of the Company as of March 31, 2022, and Reports of the Board's and Auditors thereon; to appoint a Director in place of Mr. Divyesh B. Shah, a Whole Time Director; to appoint Messrs Sharp & Tannan Associates, Chartered Accountants Statutory Auditors of the Company; to consider re-appointment of Mr. Pinank Jayant Shah as a Whole-Time Director & Key Managerial Personnel and designated as Executive Director of the Company; and to consider such other business issues.

Negative

Dhani Services Limited Announces Change in Directorate

2022-08-22 21:36:00

Dhani Services Limited announced that the current tenure of Mrs. Fantry Mein Jaswal (DIN: 07011247), as Independent Director of the Company, has come to an end effective August 22, 2022. Reason for change- Existing tenure in terms of shareholders' authorisation is valid till August 22, 2022.

Negative

Dhani Services Limited Announces Executive Changes

2022-08-12 13:28:00

Dhani Services Limited at its board of directors meeting held on August 12, 2022 appointed Vikas Khandelwal (ACS-18475) as Company Secretary and Compliance Officer of the Company, in place of Mr. Lalit Sharma, with effect from August 17, 2022. Mr. Vikas Khandelwal (ACS-18475) is a Company Secretary & Law Graduate, having over 20 years of experience across all Corporate Secretarial Functions, Listing and other compliances with expertise in CorporateRe-structuring, Mergers & Acquisitions, Fund Raising (including IPO, Rights Issue, QIP, Preferential Offer etc.), Buy-back, Private-equity, Joint-ventures, Agreements & Contracts etc. and possess in depth knowledge of Corporate Laws, SEBI Laws, SEBI Listing Regulations, SEBI ICDR Regulations, SEBI Takeover and In- sider Trading Regulations, FEM guidelines & all other corporate laws. He has been associated with Indiabulls Group since 2004 and prior to which he worked as practicing professional.

Neutral

Dhani Services Limited, Board Meeting, Aug 12, 2022

2022-08-06 09:10:00

Dhani Services Limited, Board Meeting, Aug 12, 2022, at 17:30 Indian Standard Time. Agenda: To consider and approve the unaudited financial results of Dhani Services Limited ("the Company") for the quarter ended June 30, 2022; to consider and approve the raising of funds through issue of equity securities and/or any other convertible or exchangeable securities, subject to the approval of the members of the Company and other regulatory and/or statutory approvals, as applicable.

Neutral

Dhani Services Limited, Q4 2022 Earnings Call, May 31, 2022

2022-05-30 16:11:00

Dhani Services Limited, Q4 2022 Earnings Call, May 31, 2022

Neutral

Dhani Services Limited to Report Q4, 2022 Results on May 30, 2022

2022-05-23 11:18:00

Dhani Services Limited announced that they will report Q4, 2022 results on May 30, 2022

Neutral

Dhani Services Limited, Board Meeting, May 30, 2022

2022-05-23 11:18:00

Dhani Services Limited, Board Meeting, May 30, 2022, at 17:30 Indian Standard Time. Agenda: To consider and approve inter-alia the audited financial results of the Company for the quarter and financial year ended March 31, 2022.

Neutral

Dhani Services Limited Changes Address of Registered Office

2022-04-28 11:39:00

Dhani Services Limited announced that, pursuant to the approval of the Board of directors of the Company, the Registered Office of the Company stands shifted, within the same city, from its current location M - 62 & 63, First Floor, Connaught Place, New Delhi - 110001 to 1/1E, First Floor, East Patel Nagar, New Delhi-110008, with effect from May 1, 2022.

Neutral

Dhani Services Limited, Q3 2022 Earnings Call, Feb 14, 2022

2022-02-11 15:12:00

Dhani Services Limited, Q3 2022 Earnings Call, Feb 14, 2022

Neutral

Dhani Services Limited, Board Meeting, Feb 14, 2022

2022-02-08 11:00:00

Dhani Services Limited, Board Meeting, Feb 14, 2022. Agenda: To consider and approve the unaudited financial results of the company for the quarter and nine months ended December 31, 2021.

Neutral

Dhani Services Limited to Report Q3, 2022 Results on Feb 14, 2022

2022-02-08 11:00:00

Dhani Services Limited announced that they will report Q3, 2022 results on Feb 14, 2022

Negative

Dhani Services Limited Approves Auditor Change

2021-12-10 10:43:00

Dhani Services Limited approved appointment of Messrs Sharp & Tannan as Statutory Auditors and to fix their remuneration, in place of Messrs Walker Chandiok & Co LLP, in terms of RBI Guidelines and to fix their remuneration, at its EGM held on December 9, 2021.

Fundamental Summary

Dhani's recently released results from Q1 indicate that Dhani is performing reasonably well and on par with its peers. This typically translates into the stock performing on par with market performance for the upcoming quarter. We therefore gave Dhani a total score of 64 out of 100 and a HOLD recommendation.

Dhani reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported revenue was INR 2,746.74 million compared to INR 3,077.02 million a year ago. Net loss was INR 1,014.12 million compared to INR 1,918.21 million a year ago. Basic loss per share from continuing operations was INR 1.8 compared to INR 3.47 a year ago. Diluted loss per share from continuing operations was INR 1.8 compared to INR 3.47 a year ago.

Sector Overview

Dhani is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. Dhani's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 10.2B 32.5% 65
Liabilities 7.9B 66.5% 67
Price to Book 2.8 51.8% 60
Cash & Equivalents 5.9B 24.8% 66
Equity 2.3B -20.7% 76
Total Revenues 3.4B -7.3% 58
Parameter Value Change Score
Return on Equity 25.5 752.5% 63
Net Cashflow 664.3M 110.9% 65
Capital Expenditure -49.7M 46.4% 72
Asset Turnover 0.4 19.7% 70
Free Cashflow Per Share 0.0 -98.5% 72
* All values are TTM

The below chart reflects Dhani's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Dhani's peer average final assessment score stands on 73, Dhani's score is 64.

  •  532960
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Angel One Limited 133.3B 88 69 76
Buy
84
84 0 1
Indian Energy Exchange Limited 132.4B 94 77 80
Strong Buy
99
99 1 1
IDFC Limited 131.1B 74 48 68
Hold
63
63 2 1
Tata Investment Corporation Limited 118.8B 90 61 86
Buy
84
84 3 1
UTI Asset Management Company Limited 99.2B 67 60 71
Hold
67
67 4 1
JM Financial Limited 71.1B 77 69 78
Buy
79
79 5 1
JSW Holdings Limited 47.4B 87 64 61
Buy
79
79 6 1
Bengal & Assam Company Limited 42.6B 81 69 80
Buy
80
80 7 1
ICRA Limited 42.4B 73 51 66
Hold
64
64 8 1
Authum Investment & Infrastructure Limited 40.9B 57 72 66
Hold
63
63 9 1
Share India Securities Limited 38.9B 82 76 66
Buy
81
81 10 1
Choice International Limited 26.6B 66 74 66
Hold
70
70 11 1
HDFC Asset Management Company Limited 466.5B 79 66 71
Hold
77
77 12 1
CRISIL Limited 213.7B 76 82 72
Buy
81
81 13 1
ICICI Securities Limited 170.3B 90 59 49
Hold
76
76 14 1
Nippon Life India Asset Management Limited 169.0B 77 68 76
Hold
77
77 15 1
IIFL Wealth Management Limited 162.6B 59 89 50
Hold
69
69 16 1
Central Depository Services (India) Limited 129.4B 79 81 55
Buy
83
83 17 1
Aditya Birla Sun Life AMC Limited 125.0B 86 60 73
Buy
79
79 18 1
Motilal Oswal Financial Services Limited 98.0B 86 75 81
Strong Buy
89
89 19 1
Multi Commodity Exchange of India Limited 79.7B 70 48 76
Hold
62
62 20 1
BSE Limited 78.2B 79 71 83
Buy
83
83 21 1
Edelweiss Financial Services Limited 60.0B 81 65 86
Hold
76
76 22 1
Prudent Corporate Advisory Services Limited 36.8B 89 69 52
Buy
79
79 23 1
IIFL Securities Limited 21.1B 84 70 74
Buy
83
83 24 1
CARE Ratings Limited 16.3B 71 67 76
Hold
71
71 25 1

Macro Environment

Neutral
69

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which Dhani Services Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In considering the current macro environment and the risks that might affect Dhani Services Limited stock, we came to the conclusion that recent events aren't likely to affect the company's performance in the short term, and thus rated Dhani Services Limited macro environment with the score of 69.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Dhani's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Dhani's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 37.

Bearish 37
Close Price 47.15
52W Low 29.7
52W High 175.05
5D MA 47.57
50D MA 49.72
200D MA 55.92
MACD -1.24
RSI 48.67
STOCH 29.01

Balance Sheet Analysis

All in all, looking at the balance sheet, Dhani's financial health appears good. Dhani's balance sheet neither stood out as being particularly strong or weak relative to its peers. Dhani did a great job related to equity this period, which stood at 2.3B, representing a -20.7% change. This parameter often affects companies in the same industry and market capitalization by up to 1.0%. This performance is significantly more impressive than its peers and competitors. Consequently, their equity movement received a grade of 76. Also, Dhani has done an excellent job managing its liabilities. Dhani's liabilities stood at 7.9B in the current filing, which represents a 66.5% change from the previous report. These numbers show that management has successfully encouraged growth while managing liabilities, especially relative to their peers. These results statistically lead to positive movement in stock prices, so we rated its liabilities movement component 67. At the same time, one critical balance sheet metric, Book Value Factors, was notably weak. Dhani's price to book ratio (P/B) was reported as 2.8 and represents 51.8% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 23.4%. Their book value factor metrics are even more concerning when compared to their peers. Therefore, their book value factors earned a score of 60. Therefore, it received a score of 65.

Parameter Value Change Score
Assets 10.2B 32.5% 65
Liabilities 7.9B 66.5% 67
Price to Book 2.8 51.8% 60
Cash & Equivalents 5.9B 24.8% 66
Equity 2.3B -20.7% 76
* All values are TTM

The below chart describes Dhani's performance as reflected on its balance sheet with respect to its peers. While Dhani received a balance sheet score of 65, the average of its peers stands on 72.

  •  532960
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Angel One Limited 133.3B 93.0 48.0 39.0 69.0 96.0 88 0 1
Indian Energy Exchange Limited 132.4B 95.0 40.0 88.0 81.0 89.0 94 1 1
IDFC Limited 131.1B 82.0 62.0 64.0 65.0 69.0 74 2 1
Tata Investment Corporation Limited 118.8B 93.0 44.0 66.0 79.0 88.0 90 3 1
UTI Asset Management Company Limited 99.2B 39.0 86.0 78.0 50.0 73.0 67 4 1
JM Financial Limited 71.1B 76.0 58.0 52.0 79.0 79.0 77 5 1
JSW Holdings Limited 47.4B 95.0 44.0 65.0 48.0 90.0 87 6 1
Bengal & Assam Company Limited 42.6B 55.0 56.0 68.0 53.0 90.0 81 7 1
ICRA Limited 42.4B 62.0 69.0 81.0 67.0 68.0 73 8 1
Authum Investment & Infrastructure Limited 40.9B 57.0 78.0 64.0 61.0 57.0 57 9 1
Share India Securities Limited 38.9B 52.0 46.0 83.0 89.0 90.0 82 10 1
Choice International Limited 26.6B 58.0 74.0 71.0 68.0 65.0 66 11 1
HDFC Asset Management Company Limited 466.5B 75.0 53.0 51.0 74.0 83.0 79 12 1
CRISIL Limited 213.7B 65.0 55.0 49.0 71.0 86.0 76 13 1
ICICI Securities Limited 170.3B 93.0 43.0 49.0 95.0 88.0 90 14 1
Nippon Life India Asset Management Limited 169.0B 74.0 56.0 47.0 86.0 79.0 77 15 1
IIFL Wealth Management Limited 162.6B 45.0 88.0 63.0 41.0 68.0 59 16 1
Central Depository Services (India) Limited 129.4B 78.0 52.0 73.0 83.0 78.0 79 17 1
Aditya Birla Sun Life AMC Limited 125.0B 43.0 51.0 94.0 91.0 91.0 86 18 1
Motilal Oswal Financial Services Limited 98.0B 85.0 53.0 48.0 80.0 88.0 86 19 1
Multi Commodity Exchange of India Limited 79.7B 85.0 75.0 73.0 41.0 61.0 70 20 1
BSE Limited 78.2B 87.0 56.0 90.0 76.0 70.0 79 21 1
Edelweiss Financial Services Limited 60.0B 49.0 59.0 73.0 59.0 79.0 81 22 1
Prudent Corporate Advisory Services Limited 36.8B 86.0 52.0 82.0 75.0 88.0 89 23 1
IIFL Securities Limited 21.1B 91.0 41.0 48.0 89.0 83.0 84 24 1
CARE Ratings Limited 16.3B 44.0 58.0 50.0 63.0 84.0 71 25 1

Income Statement Analysis

Dhani appears likely to maintain its strong income statement metrics, especially Return Factors. In this filing, Dhani reported a return on equity (ROE) ratio of 25.5, which represents a change of 752.5%. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. Consequently, their return factors received a grade of 63. That said, one metric, Revenue Efficiency, stood out as strongly negative. Dhani reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 3.4B and represented -7.3% change from the previous period. This metric might have a 5.4 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. As a result, their revenue efficiency earned a score of 58. their income statement received an overall score of 62.

Parameter Value Change Score
Total Revenues 3.4B -7.3% 58
Return on Equity 25.5 752.5% 63
* All values are TTM

The below chart describes Dhani's performance as reflected on its income statement with respect to its peers. While Dhani received a income statement score of 62 , the average of its peers stands on 71.

  •  532960
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Angel One Limited 133.3B 46.0 73.0 70.0 69 0 1
Indian Energy Exchange Limited 132.4B 50.0 87.0 66.0 77 1 1
IDFC Limited 131.1B 49.0 68.0 47.0 48 2 1
Tata Investment Corporation Limited 118.8B 41.0 69.0 58.0 61 3 1
UTI Asset Management Company Limited 99.2B 81.0 50.0 58.0 60 4 1
JM Financial Limited 71.1B 48.0 68.0 77.0 69 5 1
JSW Holdings Limited 47.4B 47.0 75.0 53.0 64 6 1
Bengal & Assam Company Limited 42.6B 69.0 61.0 78.0 69 7 1
ICRA Limited 42.4B 87.0 57.0 50.0 51 8 1
Authum Investment & Infrastructure Limited 40.9B 81.0 77.0 66.0 72 9 1
Share India Securities Limited 38.9B 45.0 68.0 83.0 76 10 1
Choice International Limited 26.6B 73.0 68.0 70.0 74 11 1
HDFC Asset Management Company Limited 466.5B 57.0 75.0 57.0 66 12 1
CRISIL Limited 213.7B 58.0 86.0 77.0 82 13 1
ICICI Securities Limited 170.3B 50.0 63.0 56.0 59 14 1
Nippon Life India Asset Management Limited 169.0B 59.0 75.0 59.0 68 15 1
IIFL Wealth Management Limited 162.6B 68.0 87.0 83.0 89 16 1
Central Depository Services (India) Limited 129.4B 47.0 86.0 79.0 81 17 1
Aditya Birla Sun Life AMC Limited 125.0B 81.0 52.0 57.0 60 18 1
Motilal Oswal Financial Services Limited 98.0B 43.0 68.0 93.0 75 19 1
Multi Commodity Exchange of India Limited 79.7B 45.0 65.0 50.0 48 20 1
BSE Limited 78.2B 59.0 69.0 78.0 71 21 1
Edelweiss Financial Services Limited 60.0B 83.0 70.0 62.0 65 22 1
Prudent Corporate Advisory Services Limited 36.8B 48.0 68.0 70.0 69 23 1
IIFL Securities Limited 21.1B 41.0 67.0 81.0 70 24 1
CARE Ratings Limited 16.3B 61.0 71.0 62.0 67 25 1

Cash Flow Analysis

All in all, the most important metrics within Dhani's cash flow looked encouraging. Dhani's management was effective in improving its CapEx, which now sits at -49.7M and represents 46.4% change from the previous report. The company appears to be headed in the right direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Therefore, its CapEx movement component earned a score of 72. Also, Free cash flow numbers published by Dhani were 0.0, which was a -98.5% change from the previous filing. This parameter could affect companies in the same industry and market capitalization by up to 4.7%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. The company's free cash flow movement, therefore, received a grade of 72. That said, one metric, Net Cash Flow, stood out as particularly concerning. Dhani's net cash flow metrics were 664.3M according to their current filing, which represents a 110.9% change from the previous report. Dhani's net cash flow metrics are especially disappointing relative to their peers. Hence, their net cash flow earned a score of 65. Consequently, its cash flow earned a score of 74.

Parameter Value Change Score
Net Cashflow 664.3M 110.9% 65
Capital Expenditure -49.7M 46.4% 72
Asset Turnover 0.4 19.7% 70
Free Cashflow Per Share 0.0 -98.5% 72
* All values are TTM

The below chart describes Dhani's performance as reflected on its cash flow with respect to its peers. While Dhani received a cash flow score of 74, the average of its peers stands on 62.

  •  532960
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Angel One Limited 133.3B 62.0 74.0 72.0 88.0 76 0 1
Indian Energy Exchange Limited 132.4B 75.0 46.0 93.0 88.0 80 1 1
IDFC Limited 131.1B 59.0 76.0 82.0 43.0 68 2 1
Tata Investment Corporation Limited 118.8B 78.0 58.0 84.0 88.0 86 3 1
UTI Asset Management Company Limited 99.2B 87.0 52.0 49.0 80.0 71 4 1
JM Financial Limited 71.1B 69.0 68.0 69.0 88.0 78 5 1
JSW Holdings Limited 47.4B 72.0 62.0 59.0 46.0 61 6 1
Bengal & Assam Company Limited 42.6B 61.0 77.0 59.0 85.0 80 7 1
ICRA Limited 42.4B 65.0 71.0 64.0 49.0 66 8 1
Authum Investment & Infrastructure Limited 40.9B 63.0 71.0 69.0 65.0 66 9 1
Share India Securities Limited 38.9B 61.0 91.0 71.0 59.0 66 10 1
Choice International Limited 26.6B 69.0 67.0 71.0 64.0 66 11 1
HDFC Asset Management Company Limited 466.5B 74.0 61.0 81.0 49.0 71 12 1
CRISIL Limited 213.7B 61.0 78.0 92.0 55.0 72 13 1
ICICI Securities Limited 170.3B 52.0 84.0 48.0 46.0 49 14 1
Nippon Life India Asset Management Limited 169.0B 78.0 59.0 89.0 50.0 76 15 1
IIFL Wealth Management Limited 162.6B 64.0 67.0 43.0 47.0 50 16 1
Central Depository Services (India) Limited 129.4B 72.0 50.0 43.0 45.0 55 17 1
Aditya Birla Sun Life AMC Limited 125.0B 73.0 83.0 53.0 89.0 73 18 1
Motilal Oswal Financial Services Limited 98.0B 68.0 63.0 81.0 93.0 81 19 1
Multi Commodity Exchange of India Limited 79.7B 88.0 47.0 72.0 46.0 76 20 1
BSE Limited 78.2B 77.0 54.0 81.0 89.0 83 21 1
Edelweiss Financial Services Limited 60.0B 81.0 53.0 71.0 87.0 86 22 1
Prudent Corporate Advisory Services Limited 36.8B 49.0 85.0 58.0 60.0 52 23 1
IIFL Securities Limited 21.1B 82.0 38.0 92.0 52.0 74 24 1
CARE Ratings Limited 16.3B 68.0 66.0 82.0 87.0 76 25 1

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