Arihant Capital Markets Ltd
Incorporated in 1992, Arihant Capital
Markets Ltd provides Stock & Commodities Broking, PMS, Financial Services, Real Estate, Insurance Broking and other related activities[1]
- Market Cap ₹ 822 Cr.
- Current Price ₹ 79.2
- High / Low ₹ 120 / 56.3
- Stock P/E 19.0
- Book Value ₹ 39.6
- Dividend Yield 0.63 %
- ROCE 21.3 %
- ROE 15.9 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 250 to 143 days.
Cons
- Promoter holding has decreased over last quarter: -2.14%
* 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.
Peer comparison
Financial Services Financial Services Capital Markets Stockbroking & Allied
Part of BSE Allcap BSE Financial Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46 | 62 | 56 | 87 | 102 | 93 | 91 | 116 | 170 | 138 | 235 | 247 | 206 | |
| 34 | 41 | 39 | 48 | 58 | 58 | 58 | 67 | 97 | 86 | 128 | 152 | 130 | |
| Operating Profit | 11 | 20 | 17 | 39 | 44 | 35 | 33 | 49 | 73 | 51 | 107 | 95 | 76 |
| OPM % | 25% | 33% | 30% | 45% | 43% | 38% | 36% | 42% | 43% | 37% | 45% | 38% | 37% |
| -4 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 3 | 7 | 7 | |
| Interest | 1 | 3 | 3 | 13 | 14 | 11 | 9 | 4 | 7 | 11 | 14 | 22 | 19 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
| Profit before tax | 5 | 16 | 13 | 25 | 30 | 24 | 23 | 44 | 65 | 39 | 93 | 77 | 60 |
| Tax % | 26% | 31% | 33% | 33% | 31% | 31% | 24% | 21% | 23% | 26% | 24% | 24% | |
| 4 | 11 | 9 | 17 | 21 | 17 | 17 | 35 | 50 | 29 | 71 | 59 | 46 | |
| EPS in Rs | 0.35 | 1.06 | 0.82 | 1.60 | 1.99 | 1.61 | 1.68 | 3.33 | 4.84 | 2.80 | 6.77 | 5.64 | 4.39 |
| Dividend Payout % | 42% | 14% | 18% | 9% | 8% | 9% | 12% | 6% | 6% | 14% | 7% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 22% |
| 3 Years: | 13% |
| TTM: | -28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 26% |
| 3 Years: | 3% |
| TTM: | -48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 35% |
| 3 Years: | 18% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 19% |
| 3 Years: | 18% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 58 | 66 | 73 | 90 | 108 | 124 | 139 | 172 | 218 | 246 | 312 | 374 | 404 |
| 0 | 0 | 0 | 8 | 95 | 109 | 41 | 56 | 82 | 60 | 99 | 96 | 211 | |
| 53 | 62 | 57 | 91 | 95 | 99 | 144 | 223 | 267 | 206 | 359 | 307 | 339 | |
| Total Liabilities | 121 | 139 | 140 | 200 | 309 | 343 | 335 | 461 | 579 | 522 | 780 | 787 | 965 |
| 22 | 11 | 18 | 19 | 21 | 21 | 21 | 20 | 12 | 14 | 15 | 29 | 35 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 10 | 13 | 0 | 15 | 3 | 15 | 8 | 16 | 26 | 19 | 15 | 24 | 25 |
| 90 | 115 | 122 | 165 | 285 | 306 | 307 | 425 | 541 | 489 | 751 | 734 | 906 | |
| Total Assets | 121 | 139 | 140 | 200 | 309 | 343 | 335 | 461 | 579 | 522 | 780 | 787 | 965 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 1 | -13 | 14 | -46 | -4 | 118 | -32 | -18 | 15 | -30 | 30 | |
| -5 | 6 | 5 | -16 | 16 | -4 | -2 | -7 | 13 | -0 | 6 | -12 | |
| -2 | -2 | -4 | 8 | 85 | 3 | -77 | 10 | 18 | -32 | 27 | -14 | |
| Net Cash Flow | 8 | 6 | -12 | 6 | 54 | -5 | 38 | -28 | 13 | -17 | 4 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 175 | 164 | 179 | 282 | 417 | 503 | 303 | 478 | 421 | 459 | 150 | 143 |
| Inventory Days | 1,136 | |||||||||||
| Days Payable | 2,291 | |||||||||||
| Cash Conversion Cycle | 175 | 164 | 179 | -873 | 417 | 503 | 303 | 478 | 421 | 459 | 150 | 143 |
| Working Capital Days | -137 | -40 | 115 | 77 | -43 | 287 | -198 | -72 | -53 | -38 | -317 | -201 |
| ROCE % | 16% | 27% | 20% | 40% | 27% | 15% | 15% | 22% | 27% | 16% | 29% | 21% |
Documents
Announcements
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Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended On December 31, 2025 And Other Incidental And Ancillary Matters.
29 Jan - Board meeting on Feb 09, 2026 to approve unaudited Q3 and 9M results for Dec 31, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - SEBI Reg 74(5) certificate: dematerialisation confirmations for Arihant Capital for quarter ended December 31, 2025.
-
Closure of Trading Window
26 Dec 2025 - Trading window closed from Jan 1, 2026 until 48 hours after Q3/9M results for Dec 31, 2025.
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Receipt Of Approval From NSE And BSE For Trading Of 5,00,000 Equity Shares
9 Dec 2025 - NSE/BSE approved trading of 500,000 preferential shares (₹1 face, ₹86 premium) effective Dec 10, 2025; lock-in till 25-Jun-2026.
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Outcome Of Preferential Allotment Committee Meeting Of Arihant Capital Markets Limited ('The Company') Held On 22Nd November 2025.
22 Nov 2025 - Converted 50,00,000 warrants into 5,000,000 shares on Nov 22, 2025; Rs.25,68,75,000 received.
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
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Business Overview:[1]
ACML acts as a stock and commodities broker to execute proprietary trades on behalf of its clients which include retail customers (including high net worth individuals), mutual funds, financial institutions and corporate clients.