Exhibit 23.2




            Consent of Independent Registered Public Accounting Firm


We consent to the incorporation by reference in the Registration Statement (Form
S-8 No.  33-43881)  pertaining to Capital  Southwest  Corporation  of our report
dated May 12, 2004,  with respect to the  consolidated  financial  statements of
Capital Southwest  Corporation for the year ended March 31, 2004 included in the
March 31, 2006 Annual Report to  Shareholders of Capital  Southwest  Corporation
and  incorporated  by reference  in this Annual  Report (Form 10-K) for the year
ended March 31, 2006.


                                                     Ernst & Young LLP


May 24, 2006
Dallas, Texas