Dharni Capital Services Ltd Fair Value
DHARNI · Capital Markets · Current price ₹55
| Method | Fair value | Status |
|---|---|---|
| Excess-return (book value) | ₹15 | 17% ROE fading to 13% over ~10 yrs, on ₹13 book |
| Relative P/E | ₹45 | EPS × 29.1 peer-median P/E |
| Graham floor | — | Not meaningful for financials |
| Analyst target | — | No analyst coverage |
Is Dharni Capital Services Ltd undervalued?
DocStoX estimates the fair value of Dharni Capital Services Ltd at ₹23 per share, versus the current market price of ₹55. That puts the stock about -57.9% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 2 independent methods: Excess-return (book value) (₹15), Relative P/E (₹45). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹15 (bear) to ₹23 (base) to ₹45 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on Dharni Capital Services Ltd
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

