Arihant Capital Markets Ltd - Stock Valuation and Financial Performance

BSE: 511605 | NSE: ARIHANTCAP | Finance - Stock Broking | Small Cap

Arihant Capital Mkt. Share Price

54.91 1.92 3.62%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Arihant Capital Mkt.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Arihant Capital Markets stock performance -

mw4me loader
P/E Ratio (SA):
13.04
Market Cap:
569.3 Cr.
52-wk low:
33.8
52-wk high:
84.3

Is Arihant Capital Markets Ltd an attractive stock to invest in?

1. Is Arihant Capital Markets Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Arihant Capital Markets Ltd is a average quality company.

2. Is Arihant Capital Markets Ltd undervalued or overvalued?

The key valuation ratios of Arihant Capital Markets Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Arihant Capital Markets Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Arihant Capital Markets Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Arihant Capital Mkt.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Arihant Capital Markets Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.8%16.6%13.2%23.4%18.7%11.2%12.8%20.6%24%11.9%-
Value Creation
Index
-0.50.2-0.10.70.3-0.2-0.10.50.7-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 40.285.125357051580.379.5109152132195
Sales YoY Gr.-111.9%197%125.5%-9.6%-84.4%-1%37.6%39.4%-13.2%-
Adj EPS 0.20.70.61.41.91.51.73.35.22.54.2
YoY Gr.-183.3%-14.7%146.6%34.3%-22.4%14.8%95.3%55.4%-51.5%-
BVPS (₹) 55.55.97.3910.41215.119.922.326
Adj Net
Profit
2.57.1614.92015.517.834.854.126.244
Cash Flow from Ops. 8.83.5-7.84.3-38.17.8117-31-21.115.9-
Debt/CF from Ops. 0002-2.412.50.3-1.6-3.73.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.2%-23.8%18.5%-13.2%
Adj EPS 29.9%5.6%13.8%-51.5%
BVPS18%19.8%23.1%11.9%
Share Price 34.4% 35.6% 58.3% 55.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
4.81310.221.823.615.315.224.729.711.917.4
Op. Profit
Mgn %
16.215.95.257.545.445.950.448.841.235.9
Net Profit
Mgn %
6.38.32.42.63.919.322.331.835.519.822.4
Debt to
Equity
0000.110.90.30.30.40.2-
Working Cap
Days
254117564180710650499547726662
Cash Conv.
Cycle
-47-23161237236-218-585-558-542274

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.50%

Net Profit is growing at healthy rate in last 3 years 13.80%

Sales growth is good in last 4 quarters at 40.26%

Return on Equity has declined versus last 3 years average to 17.40%

Latest Financials - Arihant Capital Markets Ltd.

Standalone Consolidated
TTM EPS (₹) 4.2 4.6
TTM Sales (₹ Cr.) 195 201
BVPS (₹.) 26 28.6
Reserves (₹ Cr.) 260 287
P/BV 2.11 1.91
PE 13.04 11.91
From the Market
52 Week Low / High (₹) 33.80 / 84.30
All Time Low / High (₹) 0.01 / 99.00
Market Cap (₹ Cr.) 569
Equity (₹ Cr.) 10.4
Face Value (₹) 1
Industry PE 25.3

Management X-Ray of Arihant Capital Mkt.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Arihant Capital Mkt.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income44882555715188180110153133
Interest Income40852535705158079109152132
Other Income 4322300000
Expenditure 38782455494895956669497
Interest Expense 13337984711
Operating Expenses 33722395424774443547877
Provisions 3344555899
Exceptional Items -3000000090
Profit Before Tax 310922292223446736
Taxes 13389769139
Profit After Tax 37615201618355426
Adjusted EPS (₹)0.20.70.61.41.91.51.73.35.22.5
Dividend Payout Ratio (%)62%22%26%10%8%10%12%6%6%16%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital5257617694109125157208232
Share Capital 10101010101010101010
Reserves 424651658498114147197222
Minority Interest0000000000
Long Term Borrowings1001100021
Current Liabilities 30313263151174178275344255
Trade Payables191821404142112157236183
Short term borrowings0008919835487851
Other Liabilities-19-18-21-48-133-139-147-205-314-233
Total Liabilities 838893140247283303432553488

Assets

Non Current Asset 20232223252931323936
Loan Asset 0000000000
Other Non Current Asset 20232223252931323936
Current Asset 636571116221254272401514452
Current Investment1013015300000
Other Current Asset545271101219254272401514452
Total Assets 838893140247283303432553488

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 94-84-388117-31-2116
Cash Flow From Investing Activity 0-812-1711-4-2-490
Cash Flow From Financing Activity -2-2-4881-4-72922-36
Net Cash Flow 7-61-454043-2610-20
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)1337107917263
DPS (₹)1111111120
BVPS (₹)252729364552607510022

Performance Ratios

ROA (%)3.08.36.612.810.45.96.19.511.05.0
ROE (%)4.813.010.221.823.615.315.224.729.711.9
ROCE (%)9.223.719.735.026.715.917.226.430.416.3

Valuation Parameters

Price/Book(x)0.60.61.01.62.31.20.50.94.01.7

Arihant Capital Markets Ltd Stock News

Arihant Capital Markets Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Arihant Capital Mkt. on 28-Mar-2024 16:01 is ₹54.91.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Arihant Capital Mkt. stood at ₹569.3.
The latest P/E ratio of Arihant Capital Mkt. as of 28-Mar-2024 16:01 is 13.04.
The latest P/B ratio of Arihant Capital Mkt. as of 28-Mar-2024 16:01 is 2.11.
The 52-week high of Arihant Capital Mkt. is ₹84.30 and the 52-week low is ₹33.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arihant Capital Mkt. is ₹194.8 ( Cr.) .

About Arihant Capital Markets Ltd

Arihant Capital Markets was incorporated on June 25, 1992.It has its registered office located at Indore, Madhya Pradesh.

The company has presence in 110 cities with over 620 offices across the nation. Clients turn to Arihant for its complete platform of financial services combined with excellent execution. It caters to mutual fund houses, insurance companies and almost all the banks active in the capital market segment.

Business area of the Company:-

Arihant Capital Markets is an ISO 9001:2008 Certified Company. It is one of the leading financial services companies in India. The company provides a gamut of products and services including securities and commodities broking, investment planning, financial planning, wealth management and merchant banking to a substantial and diversified clientele that includes individuals, corporations and financial institutions.

Services offered:-

Arihant has developed a diverse and robust portfolio of financial services to help its customers manage their money in the way that benefits them the most. They are as follows:-

  • 1) Broking Services include equity broking, derivative broking, and commodities broking
  • 2) Distribution Services include both mutual fund and Initial public offering (IPO)
  • 3) Depository Srvices include both shares and commodities
  • 4) Wealth Management Service include Advisory service, portfolio management service
  • 5) Research Service are covered for equity and derivatives, mutual fund and IPO
  • 6) Merchant banking and investment banking services include capital market services, coporarte service and strategic service
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