What we do Dharani Finance Ltd is a Chennai-based non-banking financial company providing financial services and travel agency operations, including vehicle leasing and travel arrangements. |
Founded in 1,990 |
Market share Niche player in financial services and travel agency segments with modest revenue and profitability. |
Problem solved Offers credit and leasing solutions in a competitive landscape dominated by banks, alongside travel and vehicle rental services. |
Top clients or who we serve Primarily serves retail borrowers and travel customers; operates in B2C segments with diversified clientele. |
Key management Dr. Palani Gounder Periasamy (Chairman), Mr. Murugavel Ramasamy (Managing Director), with leadership experienced in finance and public service. |
Our journey and innovations Founded in 1990, transitioned from financial services to also include travel agency for risk diversification amid banking competition. |
Where we operate Primarily operates in Chennai and surrounding regions in India. |
Top products or what we offer Financial loans and vehicle leasing; travel agency services including tourist transport and hotel travel arrangements. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly recurring from interest on loans and lease charges, complemented by travel service income. |
Our industry position Smaller scale NBFC facing competition from banks, focusing on selective financial and travel service niches. |
Financial highlights FY 2024-25 revenue Rs.142.43 lakhs, profit Rs.83.79 lakhs, significant turnaround from prior year loss. |
Geographical revenue split - |
Order book - |
Whats driving growth Growth driven by expanding financial services activities and travel operations profitability. |
Our future plans Plans to increase financial services offerings and explore additional capital or borrowings to grow operations. |
Our green promise - |
Our people and values Maintains a governance structure with independent directors, emphasizes compliance, and employee welfare without major CSR mandate. |
Key challenges ahead Challenges include competition from banks, doubtful receivables, and need for resource augmentation. |
Interesting facts Over 35 years of operation; diversified from finance to travel service, including exclusive hotel travel tie-ups. |
Risks and strategy Risk mitigation focuses on due diligence on receivables, cautious resource expansion, and governance strengthening. |
