A.K.Capital Services Ltd
Incorporated in 1993, A. K. Capital Services
Ltd is a SEBI Registered Category I Merchant Banker[1]
- Market Cap ₹ 1,008 Cr.
- Current Price ₹ 1,528
- High / Low ₹ 1,719 / 930
- Stock P/E 19.4
- Book Value ₹ 785
- Dividend Yield 2.49 %
- ROCE 6.86 %
- ROE 6.65 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 45.1%
- Promoter holding has increased by 1.37% over last quarter.
Cons
- Company has a low return on equity of 6.70% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 95 | 95 | 69 | 93 | 105 | 85 | 63 | 72 | 86 | 115 | 127 | 127 | 174 | |
| Interest | 12 | 19 | 11 | 24 | 33 | 16 | 10 | 10 | 13 | 28 | 40 | 45 | 51 |
| 53 | 49 | 31 | 35 | 42 | 36 | 27 | 28 | 38 | 46 | 44 | 40 | 60 | |
| Financing Profit | 30 | 27 | 26 | 35 | 30 | 33 | 26 | 35 | 35 | 42 | 44 | 42 | 63 |
| Financing Margin % | 32% | 29% | 38% | 37% | 28% | 39% | 42% | 48% | 41% | 36% | 34% | 33% | 36% |
| 3 | 3 | 3 | 3 | -0 | 0 | -1 | 1 | 1 | 0 | 0 | 0 | 3 | |
| Depreciation | 2 | 2 | 2 | 2 | 1 | 1 | 4 | 3 | 3 | 3 | 4 | 4 | 4 |
| Profit before tax | 31 | 28 | 27 | 36 | 28 | 32 | 22 | 32 | 33 | 39 | 40 | 38 | 63 |
| Tax % | 34% | 34% | 32% | 33% | 33% | 26% | 16% | 22% | 20% | 21% | 21% | 14% | |
| 20 | 18 | 19 | 24 | 19 | 24 | 19 | 25 | 26 | 31 | 32 | 33 | 52 | |
| EPS in Rs | 30.74 | 27.74 | 28.15 | 36.92 | 28.88 | 35.62 | 28.29 | 38.52 | 39.88 | 46.53 | 48.18 | 49.77 | 78.62 |
| Dividend Payout % | 20% | 22% | 21% | 16% | 21% | 17% | 21% | 16% | 20% | 26% | 33% | 76% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 15% |
| 3 Years: | 14% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 11% |
| 3 Years: | 8% |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 35% |
| 3 Years: | 52% |
| 1 Year: | 46% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 298 | 311 | 325 | 349 | 360 | 380 | 391 | 412 | 434 | 459 | 481 | 493 | 512 |
| Borrowing | 127 | 180 | 183 | 384 | 211 | 75 | 40 | 110 | 461 | 503 | 681 | 754 | 716 |
| 16 | 19 | 16 | 11 | 13 | 11 | 18 | 13 | 16 | 15 | 17 | 17 | 18 | |
| Total Liabilities | 447 | 516 | 530 | 750 | 591 | 473 | 455 | 542 | 918 | 984 | 1,186 | 1,271 | 1,252 |
| 40 | 37 | 36 | 35 | 36 | 34 | 38 | 34 | 38 | 38 | 44 | 42 | 40 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Investments | 387 | 457 | 473 | 700 | 545 | 427 | 408 | 500 | 870 | 930 | 1,126 | 1,197 | 932 |
| 20 | 22 | 21 | 15 | 10 | 12 | 9 | 7 | 9 | 15 | 16 | 32 | 280 | |
| Total Assets | 447 | 516 | 530 | 750 | 591 | 473 | 455 | 542 | 918 | 984 | 1,186 | 1,271 | 1,252 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22 | 16 | 20 | 18 | 14 | 16 | 9 | 3 | -3 | 2 | 13 | 10 | |
| -34 | -51 | -3 | -195 | 199 | 141 | 48 | -59 | -332 | -7 | -142 | -12 | |
| 14 | 31 | -13 | 173 | -213 | -156 | -56 | 55 | 334 | 7 | 128 | 8 | |
| Net Cash Flow | 2 | -4 | 3 | -4 | 0 | 0 | 1 | -1 | -1 | 2 | -1 | 6 |
| Free Cash Flow | 21 | 17 | 19 | 17 | 12 | 16 | 8 | 3 | -5 | 0 | 6 | 8 |
| CFO/OP | 85% | 53% | 78% | 53% | 53% | 52% | 37% | 22% | 7% | 16% | 27% | 23% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 7% | 6% | 6% | 7% | 5% | 6% | 5% | 6% | 6% | 7% | 7% | 7% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2026 (P) | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Non-Performing Assets (GNPA) % |
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| Loan Book / AUM (Consolidated) INR Crores |
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| Debt Assignments Managed - Volume INR Crores |
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| Debt Management Assignments - Count Number |
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| Top 10 Exposure Concentration (%) % |
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| Market Share in Debt Capital Market (Private Placement) % |
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Documents
Announcements
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Communication To Shareholders Regarding 2Nd Interim Dividend For The FY 2025-26
9h - Company intimates shareholders about 2nd interim dividend of ₹22 per share for FY2025-26; rejected payments need updated KYC.
-
Announcement under Regulation 30 (LODR)-Acquisition
27 Mar - Subscribed INR 25 crore CCPS in subsidiary A.K. Capital Finance; 95.12% stake post-allotment; allotment dated March 27, 2026.
- Closure of Trading Window 25 Mar
-
Intimation For Allotment Of Commercial Papers
25 Mar - Allotment of 100 CPs aggregating INR 5 crore; issue Mar 24, allot Mar 25, redeem Oct 15, 2026, CARE A1+.
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Intimation Of Issuance Of Commercial Papers By A. K. Capital Services Limited
23 Mar - 100 CPs totaling INR 5,00,00,000, maturing October 15, 2026, approved for listing on BSE (Mar 23, 2026). Please note the checklist: - Identify announcement type …
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
AKCSL is a flagship company of the A. K. Capital group. It provides merchant banking services and corporate debt market services through managing Pvt. placements and public issues. Company deals in ~various fixed-income securities /instruments, i.e. NCDs, MLDs, PTCs and other fixed-income securities with the minimum investment-grade rating category