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Aryaman Capital Markets Ltd.

Aryaman Capital Markets Ltd.

ARYACAPM.BO
Aryaman Capital Markets Ltd.IN flagBombay Stock Exchange
415.00
INR
-10.00
- -
4.97BMarket Cap
Aryaman Capital Markets Ltd.
ARYACAPM.BO
(Bombay Stock Exchange)

Recent

price

415.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
4.09
5.93
8.3
19.08
23.43
64.72
70.34
112.5
60.79
37.83
26.62
62.29
- -
49.48
Revenue per Share
0.09
0.05
0.1
1.01
0.41
0.18
0.08
0.21
0.27
1.24
5.39
19.15
- -
23.2
Basic EPS, GAAP
-3.09
0.2
-1.8
5.52
-8.23
-15.48
-3.54
10.73
7.87
5.72
7.26
23.18
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
11.89
10.46
10.26
11.27
11.68
11.86
11.94
12.15
12.42
13.66
19.05
38.21
- -
10
Book Value per Share
12.31
11.72
12.12
16.03
16.91
16.33
14.75
14.7
15.22
23.88
34.35
64.62
- -
90.23
Tangible Book Value per Share
7
12
12
12
12
12
12
12
12
12
12
12
- -
12
Basic Weighted Avg Shares
29
69
99
228
281
775
843
1,347
728
453
319
746
591
593
Sales/Revenue/Turnover
6.93
4.03
2.03
6.77
3.39
3.04
2.98
2.05
3.24
7.78
27.61
37.26
53.42
53.24
Operating Margin (%)
- -
- -
1
1
1
1
1
1
- -
1
1
1
2
2
Depreciation Expense
1
1
1
12
5
2
1
3
3
15
65
229
278
278
Net Income, GAAP
28.01
41.17
34.79
21.64
1.45
24.4
9.37
27.5
29.82
16.95
13.72
14.87
16.14
16.14
Effective Tax Rate (%)
2.2
0.84
1.23
5.29
1.75
0.28
0.11
0.19
0.45
3.28
20.24
30.74
47.04
46.88
Profit Margin (%)
27
48
70
30
-36
187
164
168
175
289
421
812
226
226
Working Capital
- -
- -
- -
- -
- -
- -
- -
280
307
409
463
280
- -
- -
LT Debt
88
136
145
192
203
196
177
176
182
286
411
774
1,081
1,081
Total Equity
- -
1.33
0.91
7.13
3.26
3.98
4.46
3.23
2.16
3.07
6.2
17.42
21.43
21.43
Return on Invested Capital (%)
- -
1.41
1.04
9.4
4.79
5.25
5.61
3.85
2.72
4.69
9.08
23.95
50.2
50.2
Return on Capital (%)
- -
0.56
1
9.37
3.57
1.54
0.67
1.76
2.21
9.53
32.95
66.89
96.29
96.29
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
- -
12
Market Capitalization
6,937
5,751
4,947

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
533
- -
253
Cash, Cash Equivalents & STI
430
- -
251
Accounts Receivable, Net
3
- -
2
Inventories
100
- -
- -
Total Current Liabilities
43
- -
28
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
25.64%
46.41%
39.71%
Free Cash Flow
-83.51%
42.55%
20.57%
Net Income, GAAP
188%
199.26%
21.2%
Sales/Revenue/Turnover
39.74%
-0.04%
-20.79%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
319
2025
35
208
238
257
746
2026
257
104
154
77
591

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.39
2025
0.23
4.73
9.65
4.44
19.15
2026
9.21
5.61
4.78
3.6
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Aryaman Capital Markets Limited operates as a financial services company primarily engaged in trading and investments in quoted and unquoted securities; underwriting capital market issuances; brokerage income from equity and debt market placements; and market making activities. It provides corporate advisory, deal execution, and processing services in secondary market transactions, serving a diverse client base including institutional and retail investors. The company is a subsidiary of Aryaman Financial Services Limited, which focuses on merchant banking and capital market services. Aryaman Capital Markets Limited was incorporated in 2008 and is headquartered in Mumbai, India. The company’s core offerings include market making of SME-listed scrips, proprietary investments in shares, securities, and funds, as well as underwriting for capital market issuances such as IPOs, FPOs, rights issues, QIPs, and PIPE deals. Aryaman Capital Markets also generates brokerage income from equity and debt market placements. Its operations cover the Indian capital market with a significant presence in both primary and secondary market activities. In the latest developments during 2024-2025, Aryaman Capital Markets reported substantial growth in financial performance, including a 3985% surge in net profit in Q1 FY26 compared to the previous year, driven by a 536% increase in revenue. Notably, the company experienced a change in its board of directors with new appointments effective August 2025, including a new CFO following the resignation of the outgoing CFO. These operational and leadership changes underscore the company’s strategic focus on scaling its financial market activities and expanding its brokerage and underwriting capabilities. Aryaman Capital Markets leverages its affiliation with Aryaman Financial Services Limited to enhance its merchant banking activities, including lead management and syndication of SME IPOs and other equity raisings, mergers and acquisitions, open offers, delisting offers, and buybacks, further strengthening its position in the Indian financial services industry. The company continues to focus on strengthening its product offerings and expanding its presence in India's growing capital markets.