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Arihant Capital Markets Ltd.

Arihant Capital Markets Ltd.

ARIHANTCAP.BO
Arihant Capital Markets Ltd.IN flagBombay Stock Exchange
74.41
INR
-0.39
- -
8.20BMarket Cap
Arihant Capital Markets Ltd.
ARIHANTCAP.BO
(Bombay Stock Exchange)

Recent

price

74.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
5.85
6.2
4.24
3.9
5.53
4.95
7.97
9.33
5.79
5.35
6.95
9.31
7.62
11.69
13.38
11.33
12.03
Revenue per Share
1
0.4
0.53
0.35
1.06
0.82
1.6
1.99
1.61
1.68
3.33
4.84
2.8
6.77
5.64
2.87
3.05
Basic EPS, GAAP
0.78
0.38
0.13
0.73
0.1
-2.09
1.12
-4.7
-0.51
11.36
-3.04
-1.73
1.41
-2.85
3.03
-11.12
- -
Free Cash Flow per Basic Share
0.12
0.15
0.1
0.15
0.15
0.3
- -
0.15
0.15
0.22
0.2
0.35
0.15
0.4
0.5
0.47
- -
Dividend per Share
1.23
1.26
1.37
1.37
1.54
1.57
2.16
2.5
2.4
2.37
3.55
2.22
2.38
2.92
2.24
1
1.06
Book Value per Share
5.57
5.86
6.32
6.53
7.36
8.01
9.59
11.42
12.86
14.3
17.43
21.91
24.41
30.74
36.73
40.08
42.52
Tangible Book Value per Share
104
104
104
104
104
104
104
104
104
104
104
104
104
104
104
110
103
Basic Weighted Avg Shares
609
645
442
406
576
515
830
971
603
557
724
969
794
1,217
1,393
1,242
1,242
Sales/Revenue/Turnover
19.86
3.6
19.51
24.11
33.82
33.75
36.87
39.7
2.71
-0.93
9.83
6.4
-11.09
-7.34
-12.94
-15.05
-15.05
Operating Margin (%)
12
15
14
12
12
10
9
10
12
13
13
12
19
24
30
35
35
Depreciation Expense
104
42
55
37
111
86
167
207
168
175
347
504
291
705
587
315
315
Net Income, GAAP
30.88
31.83
29.51
26.07
30.64
33.52
33.4
30.64
30.54
23.71
20.74
22.83
26.07
23.93
24.05
24.77
24.77
Effective Tax Rate (%)
17.07
6.47
12.48
9.08
19.24
16.61
20.11
21.28
27.8
31.4
47.91
51.97
36.69
57.91
42.16
25.32
25.32
Profit Margin (%)
511
436
475
445
639
634
797
572
1,038
1,177
1,504
1,903
2,256
3,176
3,422
6,157
6,157
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
563
- -
33
432
239
2,391
2,391
LT Debt
598
627
665
684
769
835
1,001
1,196
1,346
1,496
1,821
2,289
2,566
3,225
3,845
4,410
4,410
Total Equity
14.52
2.44
8.9
10.73
18.6
14.41
21.21
16.47
0.49
-0.18
2.34
1.58
-2.06
-1.84
-3.02
-2.42
-2.42
Return on Invested Capital (%)
77.71
29.37
38.45
30.5
83.43
62.07
79.97
33.74
18.54
23.62
34.69
43.14
37.7
74.77
59.37
25.86
25.86
Return on Capital (%)
88.84
32.23
40.3
25.91
73.32
52.97
86.08
85.21
65.68
70.39
112.41
167.66
121.68
255.38
218.36
183.58
183.58
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
2,111
- -
2,391
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
105
- -
110
Market Capitalization
11,301
9,388
6,027

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
8,752
- -
9,922
Cash, Cash Equivalents & STI
4,966
- -
5,954
Accounts Receivable, Net
766
- -
983
Inventories
- -
- -
- -
Total Current Liabilities
2,874
- -
3,765
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.21%
19.48%
14.7%
Free Cash Flow
-443.93%
-243.75%
-486.11%
Net Income, GAAP
28.46%
16.41%
-46.4%
Sales/Revenue/Turnover
13.53%
14.56%
-10.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
204
309
306
399
1,217
2025
412
432
299
249
1,393
2026
256
333
286
367
1,242

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.11
1.41
1.88
- -
6.77
2025
1.81
1.92
1.18
0.74
5.64
2026
1.22
1.26
0.49
0.05
2.87

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.4
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.47
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Business
Arihant Capital Markets Ltd is a Mumbai‑based financial services firm that provides brokerage and related investment services to retail and institutional clients, with activities spanning securities and commodities broking, depository services, merchant banking, financial planning, and various distribution offerings. The company operates across equities, derivatives, currency and commodity segments, mutual funds and IPOs, fixed income products such as bonds and NCDs, and other capital market services, supported by trading platforms and research capabilities; it also offers margin funding, portfolio management, insurance brokerage, loan against shares, and NPS-related services. Latest major changes include ongoing partnerships and strategic alliances and a focus on expanding digital trading capabilities and product reach; there have been recent fundraising activities, acquisitions, or reorganizations within the group aimed at expanding distribution networks and product lines; new product launches and service offerings appear to emphasize integrated financial solutions for high net worth individuals, priority client segments, and retail customers, along with enhanced research and merchant banking services. The company has pursued strategic shifts toward broader wealth management offerings, enhanced distribution networks, and expanded geographic reach within India, with a status as a listed entity in Indian markets and a governance framework typical of financial services firms. Industry and business segments focus on brokerage and investment services, wealth management, and merchant banking; target markets include retail investors, high net worth individuals, mutual funds and institutional clients; geographic operations are primarily in India, with headquarters in Mumbai and an expansive branch network across major Indian cities; the company operates as a standalone entity within Arihant Capital Markets Ltd, with potential subsidiary and affiliate relationships intended to support its multi‑product platform and capital market activities. Founded in 1992, the firm maintains its headquarters in Mumbai and positions itself as a comprehensive financial services provider offering execution, distribution, research, depository services, and allied advisory services.