Arihant Capital Markets Ltd

Arihant Capital Markets Ltd

₹ 59.0 2.25%
18 Apr - close price
About

Arihant Capital Markets Limited is a financial services company offering capital market broking, merchant banking and other financial services. [1]

Key Points

Products and Services
Investment Solutions: Equities, derivatives, commodity and currency broking, mutual funds, fixed income, gold and national pension schemes.
Corporate Solutions: Investment services, merchant banking and investment banking services, depository services and equity research.
HNI Investment Services: Arihant platinum, portfolio management services and financial planning services.
NRI services - Investment across asset classes and platforms, depository services, PMS and financial planning. [1]

  • Market Cap 615 Cr.
  • Current Price 59.0
  • High / Low 84.4 / 34.1
  • Stock P/E 14.2
  • Book Value 24.2
  • Dividend Yield 0.68 %
  • ROCE 16.2 %
  • ROE 11.8 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter

Cons

  • Promoter holding has decreased over last quarter: -0.37%
  • Contingent liabilities of Rs.263 Cr.
  • Company has high debtors of 476 days.

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
28 34 36 38 42 37 34 38 33 28 41 54 71
14 20 20 21 26 21 21 22 20 23 25 34 42
Operating Profit 14 14 16 17 17 16 12 16 12 5 16 20 29
OPM % 50% 41% 45% 45% 39% 43% 37% 43% 38% 17% 40% 37% 40%
0 0 0 0 1 8 0 0 0 0 0 0 0
Interest 1 1 1 1 2 2 2 2 2 2 2 2 4
Depreciation 0 0 0 0 0 0 0 0 1 1 1 1 1
Profit before tax 13 13 15 15 15 22 10 14 9 2 14 18 24
Tax % 27% 13% 22% 22% 17% 19% 30% 22% 28% 26% 25% 23% 25%
10 11 12 12 13 18 7 11 7 1 11 14 18
EPS in Rs 0.92 1.10 1.12 1.15 1.23 1.71 0.67 1.07 0.64 0.14 1.01 1.31 1.73
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
36 35 35 49 45 77 94 80 79 109 152 132 195
31 28 27 35 33 42 52 47 47 60 86 85 125
Operating Profit 5 7 8 14 13 35 42 32 32 49 67 48 70
OPM % 13% 19% 23% 28% 28% 45% 45% 40% 41% 45% 44% 36% 36%
0 1 -2 0 0 0 0 0 0 0 9 0 1
Interest 1 2 1 3 3 12 13 9 8 4 7 11 11
Depreciation 1 1 1 1 1 1 1 1 1 1 1 2 2
Profit before tax 3 4 3 10 9 22 29 22 23 44 68 36 58
Tax % 32% 28% 25% 30% 34% 34% 30% 30% 24% 21% 20% 26%
2 3 3 7 6 15 20 16 18 35 54 26 44
EPS in Rs 0.19 0.25 0.24 0.68 0.58 1.43 1.92 1.49 1.71 3.34 5.19 2.52 4.19
Dividend Payout % 54% 59% 62% 11% 26% 10% 8% 10% 12% 6% 6% 16%
Compounded Sales Growth
10 Years: 14%
5 Years: 7%
3 Years: 19%
TTM: 38%
Compounded Profit Growth
10 Years: 25%
5 Years: 5%
3 Years: 14%
TTM: 21%
Stock Price CAGR
10 Years: 38%
5 Years: 37%
3 Years: 65%
1 Year: 46%
Return on Equity
10 Years: 18%
5 Years: 19%
3 Years: 20%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 10 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 40 41 42 46 51 65 84 98 114 147 197 222 242
11 0 0 -0 -0 8 91 98 35 48 78 51 116
37 31 31 31 33 55 61 70 138 217 267 205 342
Total Liabilities 99 83 83 88 93 140 247 276 297 422 553 488 710
12 10 10 8 8 8 10 10 9 9 10 14 13
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments 20 18 18 25 12 29 16 29 21 23 29 23 22
67 55 56 54 73 103 220 238 266 390 514 452 674
Total Assets 99 83 83 88 93 140 247 276 297 422 553 488 710

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
7 2 9 4 -8 4 -38 8 117 -31 -21 16
-12 2 0 -8 12 -17 11 -4 -2 -4 9 0
9 -12 -2 -2 -4 8 81 -4 -72 9 22 -36
Net Cash Flow 5 -8 7 -6 1 -4 54 0 43 -26 10 -20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 234 216 99 142 203 295 449 587 297 482 470 476
Inventory Days
Days Payable
Cash Conversion Cycle 234 216 99 142 203 295 449 587 297 482 470 476
Working Capital Days -29 -22 -76 -23 108 121 324 339 -199 -168 -79 -48
ROCE % 7% 11% 15% 24% 20% 47% 31% 16% 17% 27% 27% 16%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.57% 74.57% 74.57% 74.57% 74.57% 74.12% 74.12% 74.12% 74.12% 71.64% 70.18% 69.81%
0.00% 0.05% 0.32% 0.33% 0.38% 0.53% 0.38% 0.38% 0.21% 0.06% 0.06% 0.18%
25.43% 25.38% 25.10% 25.09% 25.05% 25.34% 25.51% 25.49% 25.67% 28.30% 29.76% 30.00%
No. of Shareholders 5,4699,5317,0777,62210,01210,81611,24911,45811,98813,21914,75318,099

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents