Dharani Finance Q2 FY27 Net Profit Rs. 7.99 Lakhs, Auditor Flags Going Concern Doubt
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 13 Nov 2026, 12:52 PM IST · BSE ID: 0a018f65-6dc5-4bfb-9c95-931586c82152
View Original BSE Filing (PDF)
💡
In Simple Terms
Dharani Finance reported a small profit, but auditors flagged a large unpaid loan and potential issues with its financial health.
🤖 AI Summary
- Dharani Finance Ltd. reported a net profit of Rs. 7.99 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
- Total income from operations for Q2 FY27 was Rs. 40.15 Lakhs, with interest income at Rs. 21.05 Lakhs.
- Auditors highlighted non-receipt of interest on inter-corporate deposits of Rs. 200 Lakhs from Aryav Exports Private Limited.
- Auditors noted that without a provision for this, net owned funds would fall below RBI prescribed limits for an NBFC.
- The audit report casts significant doubt on the company's ability to continue as a going concern.
- Equity Share Capital stood at Rs. 480.72 Lakhs as of September 30, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Profit (loss) for the period (Q2 FY27)
7.99 Lakhs
Not comparable — limited prior period data.
Total Income (Q2 FY27)
40.15 Lakhs
Not comparable — limited prior period data.
Outstanding Inter-corporate Deposit (Sept 30, 2026)
200 Lakhs
Equity Share Capital (Sept 30, 2026)
480.72 Lakhs
🏢 How This Affects the Company
The non-receipt of interest on significant inter-corporate deposits impacts the company's lending activities and ability to generate expected returns from such assets.
Net owned funds may be lower than RBI-mandated limits if provisions are made for the Rs. 200 Lakhs outstanding deposit. This poses a challenge to maintaining NBFC status and financial stability.
The going concern doubt indicated by auditors may necessitate a review of existing business plans or the exploration of alternative strategies to ensure compliance with regulatory requirements.
The company faces increased regulatory risk regarding its NBFC license due to potential non-compliance with Net Owned Funds criteria. A significant capital infusion may be required to mitigate this risk.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this filing, as it is a financial results disclosure.
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Who Is Affected
All shareholders are affected by the auditors' qualification regarding the non-receipt of interest on Rs. 200 Lakhs inter-corporate deposits and the going concern doubt. This raises questions about the company's financial stability and regulatory compliance.
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Management Signal
The management's presentation of results with the auditor's qualification indicates adherence to disclosure regulations, while signaling the gravity of the Rs. 200 Lakhs outstanding inter-corporate deposit issue.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 results — monitor financial performance and auditor's notes on going concern.
RBI compliance updates — watch for statements on Net Owned Funds requirements for NBFCs.
Update on Aryav Exports Private Limited deposit — track recovery efforts for Rs. 200 Lakhs.
HIGH RISK
Auditors' qualified opinion due to significant non-performing asset and doubt over company's going concern status.
💡 Investor Takeaway
Dharani Finance Ltd. reported a net profit of Rs. 7.99 Lakhs for Q2 FY27 on total income of Rs. 40.15 Lakhs. However, auditors highlighted non-receipt of interest on Rs. 200 Lakhs inter-corporate deposits, indicating potential non-compliance with RBI Net Owned Funds requirements and raising going concern doubts.
⚖️ Strengths & Concerns
⚠️ Concerns
- Auditors noted non-receipt of interest on Rs. 200 Lakhs inter-corporate deposits, impacting accrued interest for Q2 FY27.
- The audit report raised significant doubt on the company's ability to continue as a going concern, linked to potential RBI Net Owned Funds non-compliance.
📅 Company Track Record
Previous filings indicated a Board meeting on November 13, 2026, to approve Q2 FY27 results. Prior to that, a meeting was scheduled for May 16, 2026, for Q4 and FY26 results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Dharani Finance Ltd.'s net profit for Q2 FY27?
Dharani Finance Ltd. reported a net profit of Rs. 7.99 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What significant issue did auditors highlight for Dharani Finance Ltd.?
Auditors highlighted the non-receipt of interest on inter-corporate deposits totaling Rs. 200 Lakhs given to M/s. Aryav Exports Private Limited.
What is the concern regarding Dharani Finance Ltd.'s Net Owned Funds?
Had the company made a provision for the Rs. 200 Lakhs outstanding deposit, its net owned funds as of September 30, 2026, would be lower than RBI prescribed limits for an NBFC.
Did the auditors express a concern about Dharani Finance Ltd. as a going concern?
Yes, the auditors noted that the issues regarding the outstanding deposit and Net Owned Funds cast significant doubt on the company's ability to continue as a going concern.
What was Dharani Finance Ltd.'s total income for Q2 FY27?
The total income for Dharani Finance Ltd. for the quarter ended September 30, 2026 (Q2 FY27) was Rs. 40.15 Lakhs.
Questions based on this BSE filing only. For information purposes.