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 ₹ 982 Cr.
- Current Price ₹ 93.9
- High / Low ₹ 120 / 56.3
- Stock P/E 22.7
- Book Value ₹ 39.6
- Dividend Yield 0.53 %
- 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
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: | 32% |
| 5 Years: | 43% |
| 3 Years: | 17% |
| 1 Year: | -6% |
| 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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Receipt Of Approval From NSE And BSE For Trading Of 5,00,000 Equity Shares
9 Dec - 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 - Converted 50,00,000 warrants into 5,000,000 shares on Nov 22, 2025; Rs.25,68,75,000 received.
-
Announcement under Regulation 30 (LODR)-Allotment
22 Nov - Conversion of 5,000,000 warrants into equity; Rs.25.6875 crore consideration; allotted to promoters on 22-Nov-2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - Newspaper publication in respect of unaudited financial results for the quarter and half year ended on September 30, 2025
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.