| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 77.9 | 50.8 | +53.5% |
| EBITDA | 35.4 | 20.3 | +74.2% |
| EBITDA margin | 45.4% | 40.0% | +5.4 pts |
| Profit before tax | 27.2 | 15.6 | +74.7% |
| Net profit | 21.5 | 12.7 | +69.2% |
| EPS | ₹1.96 | ₹1.22 | +60.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,005 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 29.1 | 29.1 | 20.3 | 24.1 | 20.2 | ||
| 239 | 239 | 95.7 | 99.3 | 59.7 | ||
| 1,216 | — | — | — | — | ||
| 233 | 206 | 247 | 235 | 138 | ||
| — | −16.8% | +5.2% | +71.0% | — | ||
| 81.5 | 66.4 | 93.0 | 105 | 49.5 | ||
| 35.0% | 32.3% | 37.6% | 44.7% | 36.0% | ||
| 77.9 | 62.9 | 90.0 | 103 | 47.6 | ||
| 40.2 | 31.5 | 58.7 | 70.5 | 29.1 | ||
| 17.3% | 15.3% | 23.7% | 30.0% | 21.2% | ||
| ₹3.67 | ₹2.87 | ₹5.36 | ₹6.43 | ₹2.66 | ||
| — | −46.4% | −16.7% | +142.2% | — | ||
| — | −122 | 31.6 | −29.6 | 14.7 | ||
| — | −4.1 | −16.8 | −3.1 | 0.0 | ||
| −126 | −126 | 14.8 | −32.7 | 14.7 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,005.5 | |
| - Cash, Equiv & ST Investments | 20.2 | 24.1 | 20.3 | 29.1 | 29.1 | |
| + Total Debt | 59.7 | 99.3 | 95.7 | 239.1 | 239.1 | |
| Enterprise Value | — | — | — | — | 1,215.5 | |
| Revenue | 137.5 | 235.1 | 247.3 | 205.8 | 233.0 | |
| Growth %, YoY | — | +71.0 | +5.2 | -16.8 | — | |
| EBITDA | 49.5 | 105.1 | 93.0 | 66.4 | 81.5 | |
| Margin % | 35.95 | 44.69 | 37.62 | 32.26 | 34.97 | |
| EBIT | 47.6 | 102.7 | 90.0 | 62.9 | 77.9 | |
| Net Income | 29.1 | 70.5 | 58.7 | 31.5 | 40.2 | |
| Margin % | 21.17 | 29.99 | 23.74 | 15.28 | 17.28 | |
| EPS, Adj (current shares) | 2.66 | 6.43 | 5.36 | 2.87 | 3.67 | |
| Growth %, YoY | — | +142.2 | -16.7 | -46.4 | — | |
| Cash from Operations | 14.7 | -29.6 | 31.6 | -121.9 | — | |
| Capital Expenditures | -0.0 | -3.1 | -16.8 | -4.1 | — | |
| Free Cash Flow | 14.7 | -32.7 | 14.8 | -126.0 | -126.0 | |
Prices at the previous close · figures from the company's filings with NSE
Arihant Capital Markets (NSE: ARIHANTCAP) had a market capitalisation of ₹1,006 crore at the previous close (₹91.73 a share), a PE ratio of 25.0 on the last four quarters' profit and a price-to-book ratio of 2.28. In FY26 its consolidated net profit was ₹31.5 crore on revenue of ₹206 crore; in Q1 FY27 (April–June 2026) it was ₹21.5 crore, up 69.2% year on year. Its debt-to-equity ratio was 0.54 on 31 March 2026. Promoters held 67.67% of the shares on 30 September 2026.
Arihant Capital Markets' PE ratio is 25.0 at the previous close (₹91.73 a share): a market capitalisation of ₹1,006 crore divided by consolidated net profit of ₹40.2 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹31.5 crore) it is 32.0.
Arihant Capital Markets' price-to-book (PB) ratio is 2.28 at the previous close: a market capitalisation of ₹1,006 crore divided by shareholders' equity (book value) of ₹441 crore on 31 March 2026. That is a book value of ₹40.22 per share against a share price of ₹91.73.
Arihant Capital Markets' debt-to-equity ratio was 0.54 on 31 March 2026: borrowings, debt securities, deposits and subordinated debt of ₹239 crore against total equity of ₹441 crore. A year earlier, on 31 March 2025, it was 0.25.
Arihant Capital Markets' market capitalisation was ₹1,006 crore at the previous close: 10.96 crore shares at ₹91.73 each.
No. Arihant Capital Markets had borrowings of ₹239 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.54. Its cash and current investments were ₹509 crore, so it held net cash of ₹270 crore.
In FY26, Arihant Capital Markets' return on equity (ROE) was 7.6%. ROE is net profit divided by average shareholders' equity (the start and end of the year).
Arihant Capital Markets' net worth — shareholders' equity in its consolidated balance sheet — was ₹441 crore on 31 March 2026, up 14.7% from ₹384 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,006 crore at the previous close.
Arihant Capital Markets' book value per share was ₹40.22 on 31 March 2026: shareholders' equity of ₹441 crore divided by the 10.96 crore shares in issue, up 8.9% from ₹36.93 a year earlier. The share price at the previous close was ₹91.73.
Promoters held 67.67% of Arihant Capital Markets on 30 September 2026, unchanged from the previous quarter and down 2.14 percentage points from 69.81% a year earlier, according to the shareholding pattern filed with NSE.
Arihant Capital Markets' basic earnings per share (EPS) were ₹2.87 in FY26, against ₹5.64 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹3.76.
In 2026, Arihant Capital Markets has declared one dividend: ₹0.50 with record date 19 September 2026 and ex-date 18 September 2026.
Arihant Capital Markets will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
Arihant Capital Markets' dividend yield is 0.55% at the previous close: dividends of ₹0.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹91.73. They were ₹0.50 on 18 September 2026.
In FY26, Arihant Capital Markets generated ₹122 crore of cash from operations and spent ₹4.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹126 crore. In FY25 it was ₹14.8 crore.
Arihant Capital Markets' latest results are for Q1 FY27 (April–June 2026), filed on 24 July 2026: consolidated net profit ₹21.5 crore, up 69.2% from ₹12.7 crore in Q1 FY26; revenue from operations ₹77.9 crore, up 53.5% year on year.
On 30 September 2026, Arihant Capital Markets' shares were held by promoters 67.67%, foreign portfolio investors (FII/FPI) 0.10%, domestic institutions (DII) 0.02% and retail and other non-institutional investors 32.20%. Over the year, FII holding was down 0.12 percentage points from 0.22%.
In FY26 (April 2025–March 2026), Arihant Capital Markets' consolidated net profit was ₹31.5 crore, down 46.4% from ₹58.7 crore in FY25, on revenue from operations of ₹206 crore (down 16.8%). Over three years, from FY23, net profit was up 8.0%.
On FY26 consolidated figures, against Master Trust, Dam Capital Advisors and Aditya Birla Money: Arihant Capital Markets' return on equity of 7.6% is the lowest of the four (Master Trust 17.3%, Dam Capital Advisors 24.4%, Aditya Birla Money 21.8%; peer average 21.2%).
In FY26, Arihant Capital Markets earned net profit of ₹31.5 crore on revenue of ₹206 crore, against ₹126 crore on ₹576 crore for Master Trust. Arihant Capital Markets' operating margin was 30.6% (Master Trust 40.3%) and its return on equity 7.6% (Master Trust 17.3%).
From Arihant Capital Markets' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.