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Dharni Capital ServicesBOM:543753 79 Return-on-Tangible-Equity is 4.43% as of Mar. 2026, which is 76% below its 10-year median of 18.23. 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 1,592 Asset Management companies, Dharni Capital Services ranks better than 64.26% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Dharni Capital Services's annualized net income for the quarter that ended in Mar. 2026 was ₹10.93 Mil. Dharni Capital Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹246.49 Mil. Therefore, Dharni Capital Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.43%.
The historical rank and industry rank for Dharni Capital Services's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543753'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.18 Med: 18.23 Max: 432.29
Current: 12.18
During the past 7 years, Dharni Capital Services's highest Return-on-Tangible-Equity was 432.29%. The lowest was 12.18%. And the median was 18.23%.
BOM:543753's Return-on-Tangible-Equity is ranked better than 64.26% of 1592
companies
in the Asset Management industry
Industry Median: 7.36
vs BOM:543753: 12.18
Dharni Capital Services (BOM:543753) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Dharni Capital Services Return-on-Tangible-Equity Related Terms
Dharni Capital Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Dharni Capital Services's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart
BOM:543753 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Dharni Capital Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Dharni Capital Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dharni Capital Services's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.43% mean?
Dharni Capital Services (BOM:543753) has a Return-on-Tangible-Equity of 4.43% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dharni Capital Services and its competitors. This is 76% below median its historical median of 18.23. Over the past decade, Dharni Capital Services' Return-on-Tangible-Equity has ranged from 12.18 to 432.29. According to the industry distribution chart, Dharni Capital Services ranks #569 out of 1592 companies in the Asset Management industry, placing it in the top 35.7%.
Is Dharni Capital Services' Return-on-Tangible-Equity too high?
Dharni Capital Services' current Return-on-Tangible-Equity of 4.43% is 76% below median its 10-year median of 18.23. Over the past 10 years, this metric has ranged from a low of 12.18 to a high of 432.29. The Asset Management industry median Return-on-Tangible-Equity is 7.36. Dharni Capital Services' value of 4.43% is 39.8% below this industry median. Based on the distribution chart, Dharni Capital Services ranks #569 out of 1592 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' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Dharni Capital Services ranks #569 out of 1592 companies for Return-on-Tangible-Equity. This puts Dharni Capital Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.36. Dharni Capital Services' value of 4.43% is 39.8% below this benchmark. Historically, Dharni Capital Services' own Return-on-Tangible-Equity has ranged from 12.18 to 432.29 over the past decade. While the company's 10-year median is 18.23 vs. the industry median of 7.36, Dharni Capital Services has consistently been below 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.36, based on 1,592 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dharni Capital Services's current Return-on-Tangible-Equity of 4.43% is 39.8% below 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dharni Capital Services and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dharni Capital Services's current Return-on-Tangible-Equity is 4.43%, which is 76% below median its own 10-year median of 18.23. 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 Return-on-Tangible-Equity is 4.43%, which is 76% below median its 10-year median of 18.23 and 39.8% below the Asset Management industry median of 7.36. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Dharni Capital Services (BOM:543753), the current Return-on-Tangible-Equity is 4.43% 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:
Return-on-Tangible-Equity: 4.43% (76% below median its 10-year median of 18.23)
GF Value™: ₹42.08 vs. price of ₹65.00 (54.5% above fair value)
Industry Position: 39.8% below the Asset Management median (#569 of 1592)
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 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
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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