About Dhani
Dhani Service Limited is an Indian data driven technology company with its head quarter located inside New Delhi. The subsidy of this company has been taken by India Bulls Group and it is a finance service conglomerate.
This company has been established in 1995, this company was established as a non banking finance company.This Company offers a wide variety of financial products and services, including consumer loans, credit cards, wealth management and stock broking.
Recently, this company is focusing on rich service technology enabled service and taking it forward. It launched the Dhani app in 2017 as a marketplace for Indian customers to buy products and services using credits.
Inside this app, you will get great facilities like insurance investment of many varieties.Dhani Services is a leader player within the Indian financial services market. It has a customer base of over 10 million with a loan book of over Rs 50,000 crore.
This company is on a very good position in the coming future, due to which it can offer us even more products in case of an accident. Now moving forward, we will tell you about the products and services provided by Dhani –
- Consumer loans: Dhani provides personal loans, home loans, and car loans to individuals.
- Credit cards: Dhani offers credit cards to individuals and businesses.
- Wealth management: Dhani offers a variety of investment products, including mutual funds, insurance, and pension plans.
- Stock broking: Dhani provides a platform for individuals to trade stocks and other securities.
- Technology-enabled services: Dhani offers a variety of technology-enabled services, such as the Dhani app.
Let us tell you that Dhani Sarvesh is a publicly traded company, which has a share list rate of ₹ 40 within both the National Stock Exchange and the Bombay Stock Exchange. The future of Dhani service is looking very right,
looking at this it can be estimated that it can improve its financial service by bringing more technology inside India. Now moving forward with this, we will talk to you about the share price target of this company.
Balance Sheet Analysis Of Dhani
| Item | Amount (in INR crores) |
|---|---|
| Cash and cash equivalents | 1,047.8 |
| Short-term investments | 32.6 |
| Trade receivables | 2,191.8 |
| Other receivables | 86.7 |
| Inventories | 149.6 |
| Total current assets | 3,477.7 |
| Loans and advances | 2,144.4 |
| Investments | 1,014.4 |
| Property, plant and equipment | 1,206.8 |
| Intangible assets | 46.9 |
| Other assets | 27.5 |
| Total non-current assets | 4,435.9 |
| Total assets | 7,913.6 |
| Equity and reserves | 3,894.5 |
| Long-term borrowings | 2,401.1 |
| Other liabilities | 1,618 |
| Total liabilities | 7,913.6 |
Fundamental Analysis Of Dhani
| Metric | Value |
|---|---|
| Market capitalization | INR 2,512.3 crores |
| Price | INR 30.49 per share |
| P/E ratio | 23.6x |
| EPS (TTM) | INR 1.29 per share |
| Book value per share | INR 14.29 per share |
| Dividend yield | 1.3% |
| Revenue (FY22) | INR 2,383.7 crores |
| Net profit (FY22) | INR 221.8 crores |
| Operating cash flow (FY22) | INR 353.3 crores |
| Debt to equity ratio | 0.25x |
| Current ratio | 1.8x |
| Quick ratio | 1.4x |
Basics Of Dhani
- Company name: Dhani Services Limited
- BSE code: 532960
- NSE code: DHANI
- Industry: Financial Services
- Headquarters: Mumbai, India
- CEO: Sameer Gehlaut
- Founded: 1995
- IPO: October 2020
Performance Of Dhani
| Year | Revenue (INR crores) | Net profit (INR crores) |
|---|---|---|
| 2018-19 | 779.5 | 64.3 |
| 2019-20 | 1,188.7 | 104.4 |
| 2020-21 | 1,726.2 | 153.3 |
| 2021-22 | 2,383.7 | 221.8 |
| 2022-23 (Apr-Jun) | 748.4 | 58.8 |
Service & Products Of Dhani
| Service/Product | Description |
|---|---|
| Personal loans | Loans for weddings, medical emergencies, & home improvements. |
| Business loans | Loans for small & medium-sized businesses. |
| E-pharmacy | Online pharmacy that sells medicines and other healthcare products. |
| Stock broking | Services for buying and selling stocks and other securities. |
| Insurance | Insurance products, such as life insurance, health insurance, and motor insurance. |
| Wealth management | Services for managing investments and financial assets. |
Share Holders Of Dhani
| Shareholder | Holding (%) |
|---|---|
| Promoters and Promoter Group | 32.89% |
| Foreign Institutional Investors (FIIs) | 14.14% |
| Domestic Institutional Investors (DII) | 15.52% |
| Public | 43.71% |
| Others | 3.74% |
Competitor Of Dhani
| Competitors | Industry |
|---|---|
| Bajaj Finserv | Financial services |
| KreditBee | Digital lending |
| ZestMoney | Digital lending |
| EarlySalary | Digital lending |
| MobiKwik | Digital payments |
Dhani Share Price Target 2023
Dhani Services Limited is working as a leader in the financial services market within India. Let us tell you that its customer is more than one crore and it can show its share price better in the coming future, considering this, it can be estimated that the share price target of this company can be around Rs 49.2. |
Dhani Share Price Target 2025
Dhani Services Limited is building a complete business model of gradually expanding its overseas footprint while further doubling its customer base in the financial services market within India.
Let us tell you that while launching its new product and service, this company wants to reach more and more customers. In view of this, its share price target can go up to around ₹75.
Dhani Share Price Target 2028
As on August 25, 2023, Dhani Services Ltd. is running at Rs.43.41 per share. It is very difficult to give an accurate share price target for Dhani. It is told only by looking at its current performance and growth prospects. And looking at this, we suggest that its share price target can go up to around ₹150.
Dhani Share Price Target 2030
The way Dhani Service Limited is moving forward by adopting new technology and increasing the efficiency according to the people in the Indian market, this difference can be seen even in one Navami of India, the way India compares with other countries.
The competition is slowly moving ahead of them. Let us tell you that due to the coming of government rules many times, the company can see some risk. In view of this, its share price target can go up to around Rs.250.
Dhani Share Price Target 2040
Let us tell you that due to its financial service, the way this company reaches its product to the customer, it is very attractive. Let us tell you that it has been running in India for so long because of its strong track record.
The way in which you have seen the interest of the customers inside India while managing its management team is commendable. In view of this, its share price target can go up to around ₹ 1500.
FAQ
Q: What is the current share price of Dhani Services Limited?
A: As of March 8, 2023, the current share price of Dhani Services Limited is ₹43.41 per share.
Q: What is the target price for Dhani share price in 2023?
A: Analysts have given a target price of ₹49.20 per share for Dhani share price in 2023. This represents a potential upside of 13.8%.
Q: What is the target price for Dhani share price in 2025?
A: Analysts have given a target price of ₹75 to ₹100 per share for Dhani share price in 2025.
Q: What is the target price for Dhani share price in 2028?
A: Analysts have given a target price of ₹150 to ₹200 per share for Dhani share price in 2028.
Q: What is the target price for Dhani share price in 2030?
A: Analysts have given a target price of ₹250 to ₹300 per share for Dhani share price in 2030.
Q: What are the factors that could drive the growth of Dhani share price?
A: The factors that could drive the growth of Dhani share price include:
- Continued growth in the Indian financial services market
- Expansion of Dhani’s customer base
- Launch of new products and services
- Acquisitions
- Increased adoption of technology
Q: What are the risks that could weigh on Dhani share price?
A: The risks that could weigh on Dhani share price include:
- Economic slowdown
- Competition from other financial services providers
- Regulatory changes
