Dharni Capital Services (BOM:543753) Gross Margin %: 208.51% (As of Mar. 2026) — 134% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543753 Dharni Capital Services Ltd BOM:543753
79 GF Score
Price ₹65.00
GF Value ₹42.08
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Dharni Capital Services Gross Margin %?

Dharni Capital Services BOM:543753 79 Gross Margin % is 208.51% as of Mar. 2026, which is 134% above its 10-year median of 88.95. GuruFocus rates BOM:543753 with a GF Score™ of 79/100 and a GF Value™ of ₹42.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 552 Asset Management companies, Dharni Capital Services ranks better than 74.09% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Dharni Capital Services's Gross Profit for the six months ended in Mar. 2026 was ₹22.92 Mil. Dharni Capital Services's Revenue for the six months ended in Mar. 2026 was ₹10.99 Mil. Therefore, Dharni Capital Services's Gross Margin % for the quarter that ended in Mar. 2026 was 208.51%.


The historical rank and industry rank for Dharni Capital Services's Gross Margin % or its related term are showing as below:

BOM:543753' s Gross Margin % Range Over the Past 10 Years
Min: 84.72   Med: 88.95   Max: 99.97
Current: 84.72


During the past 7 years, the highest Gross Margin % of Dharni Capital Services was 99.97%. The lowest was 84.72%. And the median was 88.95%.

BOM:543753's Gross Margin % is ranked better than
74.09% of 552 companies
in the Asset Management industry
Industry Median: 57.13 vs BOM:543753: 84.72

Dharni Capital Services had a gross margin of 208.51% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dharni Capital Services was 0.00% per year.


Dharni Capital Services  (BOM:543753) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Dharni Capital Services had a gross margin of 208.51% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Dharni Capital Services Gross Margin % Related Terms


Dharni Capital Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for Dharni Capital Services's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dharni Capital Services Gross Margin % Chart

Dharni Capital Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 99.97 99.67 88.95 86.27 84.72

Dharni Capital Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 73.99 86.22 86.32 54.19 208.51

BOM:543753 vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Dharni Capital Services's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dharni Capital Services Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Dharni Capital Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dharni Capital Services's Gross Margin % falls into.


BOM:543753
79GF Score
Dharni Capital Services Ltd BOM:543753
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dharni Capital Services Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Dharni Capital Services's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=47.1 / 55.555
=(Revenue - Cost of Goods Sold) / Revenue
=(55.555 - 8.489) / 55.555
=84.72 %

Dharni Capital Services's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=22.9 / 10.992
=(Revenue - Cost of Goods Sold) / Revenue
=(10.992 - -11.927) / 10.992
=208.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 208.51% mean?
Dharni Capital Services (BOM:543753) has a Gross Margin % of 208.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dharni Capital Services and its competitors. This is 134% above median its historical median of 88.95. Over the past decade, Dharni Capital Services' Gross Margin % has ranged from 84.72 to 99.97. According to the industry distribution chart, Dharni Capital Services ranks #143 out of 552 companies in the Asset Management industry, placing it in the top 25.9%.
Is Dharni Capital Services' Gross Margin % too high?
Dharni Capital Services' current Gross Margin % of 208.51% is 134% above median its 10-year median of 88.95. Over the past 10 years, this metric has ranged from a low of 84.72 to a high of 99.97. The Asset Management industry median Gross Margin % is 57.13. Dharni Capital Services' value of 208.51% is 265% above this industry median. Based on the distribution chart, Dharni Capital Services ranks #143 out of 552 companies in the Asset Management industry, which is above the industry midpoint. Overall, Dharni Capital Services has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dharni Capital Services' Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Dharni Capital Services ranks #143 out of 552 companies for Gross Margin %. This puts Dharni Capital Services in the upper half of its industry. The industry median Gross Margin % is 57.13. Dharni Capital Services' value of 208.51% is 265% above this benchmark. Historically, Dharni Capital Services' own Gross Margin % has ranged from 84.72 to 99.97 over the past decade. While the company's 10-year median is 88.95 vs. the industry median of 57.13, Dharni Capital Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.13, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dharni Capital Services's current Gross Margin % of 208.51% is 265% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Dharni Capital Services and its competitors. For the Asset Management industry, the median Gross Margin % is 57.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dharni Capital Services's current Gross Margin % is 208.51%, which is 134% above median its own 10-year median of 88.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dharni Capital Services stock overvalued right now?
Based on GuruFocus' analysis, Dharni Capital Services (BOM:543753) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹42.08, compared to a current price of ₹65.00 — trading 54.5% above its estimated fair value. The current Gross Margin % is 208.51%, which is 134% above median its 10-year median of 88.95 and 265% above the Asset Management industry median of 57.13. Dharni Capital Services' overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Dharni Capital Services (BOM:543753), the current Gross Margin % is 208.51% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dharni Capital Services (BOM:543753) Overvalued in 2026?

Based on GuruFocus' analysis, Dharni Capital Services stock appears to be overvalued. The current stock price of ₹65.00 is trading 54.5% above its estimated GF Value™ of ₹42.08. GuruFocus considers Dharni Capital Services to be Significantly Overvalued.

Key valuation signals for BOM:543753:

  • Gross Margin %: 208.51% (134% above median its 10-year median of 88.95)
  • GF Value™: ₹42.08 vs. price of ₹65.00 (54.5% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 265% above the Asset Management median (#143 of 552)

No single metric tells the full story. See the BOM:543753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dharni Capital Services Business Description

Address Old Airport road, 816, 7th Floor Oxford towers, Kodihallli, Bangaluru, KA, IND, 560008
Dharni Capital Services Ltd is a one-stop shop for all financial services requirements, with a special focus on Investment Advisory Services. The company strives to cater to various financial needs, including but not limited to Investment Management, Financial Planning, Income Tax, Accounting, and Business Advisory services. The company's revenue includes offering Diversified Financial services such as Mutual Fund Distribution services and Fixed Deposit Distribution services, Real Estate Brokerage services, and Technical Consultancy and Outsourcing services, and also offers a technology-enabled, comprehensive Investment and Financial services platform with end-to-end solutions critical for financial product distribution and presence across both online and offline channels.
79GF Score

Get the complete analysis for BOM:543753

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹65.00
Price
₹42.08
GF Value