DHARNI CAPITAL SERVICES LIMITED — Year ended 31 March 2026 (audited; reporting date 24 April 2026)
| Particulars | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| ASSETS | ||
| 1. Non-Current Assets | ||
| (a) Property, Plant and Equipment | 168.38 | 83.41 |
| (b) Capital Work-in-Progress | – | – |
| (c) Financial Assets | ||
| (i) Investments | 1,886.59 | 1,531.67 |
| (d) Deferred Tax Assets (Net) | 3.11 | 1.32 |
| (e) Loans | 700.00 | 107.84 |
| 2. Current Assets | ||
| (a) Inventories | – | – |
| (b) Financial Assets | ||
| (i) Trade Receivables | 16.01 | 0.17 |
| (ii) Cash and Cash Equivalents | 3.62 | 2.38 |
| (c) Current Tax Assets (Net) | 5.76 | – |
| (d) Other Current Assets | 116.10 | 377.19 |
| Total Assets | 2,899.57 | 2,103.98 |
| Particulars | As at 31.03.2026 | As at 31.03.2025 |
| —————————- | —————— | —————— |
| EQUITY AND LIABILITIES | ||
| 1. Equity | ||
| (a) Equity Share Capital | 203.70 | 203.70 |
| (b) Other Equity | 2,117.53 | 1,831.50 |
| 2. Liabilities | ||
| Non-Current Liabilities | – | – |
| 3. Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 535.09 | 37.81 |
| (ii) Trade Payables | 0.81 | 0.48 |
| (b) Other current liabilities | 41.94 | 27.59 |
| (c) Provisions | 0.50 | 0.25 |
| (d) Current Tax Liabilities (Net) | – | 2.65 |
| Total Equity and Liabilities | 2,899.57 | 2,103.98 |
| Particulars | Six Month Ended For the Period Ended 31st March 2026 | Six Month Ended For the Period Ended 30th September 2025 | Six Month Ended For the Period Ended 31st March 2025 | Year Ended For the Year Ended 31st March 2026 | Year Ended For the Year Ended 31st March 2025 |
|---|---|---|---|---|---|
| I Revenue From Operations | 288.89 | 266.66 | 308.98 | 555.55 | 601.11 |
| II Other Income | 55.07 | 56.43 | 46.60 | 111.50 | 121.28 |
| III Total Income (I+II) | 343.96 | 323.09 | 355.58 | 667.05 | 722.39 |
| IV EXPENSES | |||||
| Cost of Materials Consumed | – | – | – | – | – |
| Employee Benefits Expense | 43.28 | 41.61 | 42.26 | 84.89 | 82.51 |
| Finance Costs | 3.88 | 2.54 | 2.76 | 6.42 | 2.94 |
| Depreciation and Amortization Expense | 21.64 | 5.55 | 7.54 | 27.19 | 14.69 |
| Other Expenses | 70.93 | 96.68 | 87.97 | 167.61 | 194.52 |
| Total Expenses (IV) | 139.73 | 146.38 | 140.53 | 286.11 | 294.66 |
| V Profit/(Loss) Before Tax (III-IV) | 204.23 | 176.71 | 215.05 | 380.94 | 427.73 |
| VI Tax Expense: | |||||
| (1) Current Tax | 52.16 | 44.54 | 54.36 | 96.70 | 107.94 |
| (2) Deferred Tax | -1.79 | – | -0.19 | -1.79 | -0.29 |
| (3) Tax of Earlier Years | – | – | – | – | -1.47 |
| VII Profit (Loss) for the Period (V-VI) | 153.86 | 132.17 | 160.88 | 286.03 | 321.55 |
| IX Other Comprehensive Income for the Period | – | – | – | – | – |
| X Total Comprehensive Income for the Period (VII+IX) | 153.86 | 132.17 | 160.88 | 286.03 | 321.55 |
| Earnings per Equity Share | |||||
| (1) Basic | 0.76 | 0.65 | 0.79 | 1.40 | 1.58 |
| (2) Diluted | 0.76 | 0.65 | 0.79 | 1.40 | 1.58 |
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit/(loss) Before Tax | 380.94 | 427.73 |
| Adjustments for: | ||
| Depreciation | 27.19 | 14.69 |
| Interest & Finance Charges | 6.42 | 2.94 |
| Less: Non operating Income | ||
| Dividend Received | – | – |
| Interest Received | (111.50) | (121.28) |
| Other non operating income | – | – |
| Operating Profit before Working Capital Changes | 303.05 | 324.08 |
| Adjustments for: | ||
| Decrease/(Increase) in Trade Receivables | (15.84) | 12.29 |
| Decrease/(Increase) in Short term Advances | – | – |
| Decrease/(Increase) in Current Tax Assets | (105.11) | (99.95) |
| Decrease/(Increase) in Inventories | – | – |
| Increase/(Decrease) in Short term Borrowings | 497.28 | 37.81 |
| Increase/(Decrease) in Payables | 0.33 | 0.34 |
| Increase/(Decrease) in Other Current Liabilities | 14.35 | 9.17 |
| Increase/(Decrease) in Long Term Provisions | – | – |
| Increase/(Decrease) in Short Term Provisions | 0.25 | (0.20) |
| Cash generated from operations | 694.31 | 283.54 |
| Income Tax paid | – | – |
| Net Cash flow from Operating activities | 694.31 | 283.54 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Fixed Assets (Including amount Spent on Capital Work-In-Progress) | (112.16) | (3.07) |
| Sale proceeds from Fixed Assets | – | 0.01 |
| Decrease/(Increase) in Investments | (354.92) | (471.69) |
| Decrease/(Increase) other Non-Current Assets | 261.09 | 89.24 |
| Add: Dividend Received | – | – |
| Add: Interest Received | 111.50 | 121.28 |
| Add: Other non operating income | – | – |
| Net Cash used in Investing activities | (686.65) | (372.07) |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Increase/(Decrease) in Long term Borrowings | – | – |
| Increase in Share Capital (including Security Premium) | – | – |
| Interest paid | (6.42) | (2.94) |
| Net Cash used in financing activities | (6.42) | (2.94) |
| Net change in cash & Cash Equivalents (A+B+C) | 1.24 | (91.47) |
| Cash and Cash equivalents at Beginning of the year | 2.38 | 93.85 |
| Cash and Cash equivalents at the end of the year | 3.62 | 2.38 |
| Net change in cash & Cash Equivalents | 1.24 | (91.47) |
| Particulars | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| ASSETS | ||
| 1. Non-Current Assets | ||
| (a) Property, Plant and Equipment | 1,072.13 | 1,226.59 |
| (b) Capital Work-in-Progress | – | – |
| (c) Financial Assets | ||
| (i) Investments | 1,121.19 | 737.80 |
| (ii) Other Financial Assets | – | 7.61 |
| (d) Deferred Tax Assets (Net) | 3.11 | 1.32 |
| (e) Other Non-Current Assets | 700.00 | – |
| 2. Current Assets | ||
| (a) Inventories | – | – |
| (b) Financial Assets | ||
| (i) Trade Receivables | 47.82 | 26.25 |
| (ii) Cash and Cash Equivalents | 7.31 | 3.55 |
| (c) Current Tax Assets (Net) | 5.58 | – |
| (d) Other Current Assets | 116.10 | 377.19 |
| Total Assets | 3,073.24 | 2,380.31 |
| EQUITY AND LIABILITIES | ||
| 1. Equity | ||
| (a) Equity Share Capital | 203.70 | 203.70 |
| (b) Other Equity | 2,378.87 | 1,912.04 |
| 2. Liabilities | ||
| Non-Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | – | 170.00 |
| 3. Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 380.89 | 37.81 |
| (ii) Trade Payables | 0.84 | 0.48 |
| (b) Other current liabilities | 102.56 | 51.37 |
| (c) Provisions | 6.38 | 2.30 |
| (d) Current Tax Liabilities (Net) | – | 2.61 |
| Total Equity and Liabilities | 3,073.24 | 2,380.31 |
| Particulars | Six Month Ended For the Period Ended 31st March 2026 | Six Month Ended For the Period Ended 30th September 2025 | Six Month Ended For the Period Ended 31st March 2025 | Year Ended For the Year Ended 31st March 2026 | Year Ended For the Year Ended 31st March 2025 |
|---|---|---|---|---|---|
| I Revenue From Operations | 509.69 | 445.63 | 360.23 | 955.32 | 652.36 |
| II Other Income | 133.38 | 164.00 | 120.68 | 297.38 | 261.43 |
| III Total Income (I+II) | 643.07 | 609.63 | 480.91 | 1,252.70 | 913.79 |
| IV EXPENSES | |||||
| Cost of Materials Consumed | – | – | – | – | – |
| Employee Benefits Expense | 247.51 | 204.16 | 89.95 | 451.67 | 130.20 |
| Finance Costs | 3.92 | 2.65 | 2.85 | 6.57 | 3.12 |
| Depreciation and Amortization Expense | 21.64 | 5.55 | 7.54 | 27.19 | 14.69 |
| Other Expenses | 74.70 | 108.07 | 122.91 | 182.77 | 262.47 |
| V Total Expenses (V) | 347.77 | 320.43 | 223.25 | 668.20 | 410.48 |
| Profit/(Loss) Before Tax (IV-V) | 295.30 | 289.20 | 257.66 | 584.50 | 503.31 |
| VI Tax Expense: | |||||
| (1) Current Tax | 75.31 | 72.62 | 65.09 | 147.93 | 126.97 |
| (2) Deferred Tax | -1.79 | – | -0.19 | -1.79 | -0.29 |
| (3) Tax of Earlier Years | – | – | 0.00 | – | -1.47 |
| VII Profit (Loss) for the Period (V-VI) | 221.78 | 216.58 | 192.76 | 438.36 | 378.10 |
| VIII Share of profit of a joint venture, net of tax | 13.66 | 14.81 | 7.13 | 28.47 | 7.13 |
| IX Profit (Loss) After Tax | 235.44 | 231.39 | 199.89 | 466.83 | 385.23 |
| XI Other Comprehensive Income for the Period | – | – | – | – | – |
| XII Total Comprehensive Income for the Period (VIII+X) | 235.44 | 231.39 | 199.89 | 466.83 | 385.23 |
| XIII Earnings per Equity Share | |||||
| (1) Basic | 1.16 | 1.14 | 0.98 | 2.29 | 1.89 |
| (2) Diluted | 1.16 | 1.14 | 0.98 | 2.29 | 1.89 |
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| A CASH FLOW FROM OPERATING ACTIVITIES | ||
| Net Profit/(loss) Before Tax | 612.97 | 510.44 |
| Adjustments for: | ||
| Depreciation | 27.19 | 14.69 |
| Interest & Finance Charges | 6.57 | 3.12 |
| Less: Non operating Income | ||
| Dividend Received | -46.65 | – |
| Interest Received | -250.73 | (261.43) |
| Other non operating income | – | – |
| Operating Profit before Working Capital Changes | 349.35 | 266.82 |
| Adjustments for: | ||
| Decrease/(Increase) in Trade Receivables | -21.57 | (13.79) |
| Decrease/(Increase) in Other Financial Assets | 7.61 | (7.61) |
| Decrease/(Increase) in Current Tax Assets | -156.12 | (121.53) |