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Arihant Capital Markets Ltd (ARIHANTCAP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511605 NSE: ARIHANTCAP Finance - Stock Broking | Small Cap | Arihant Capital Mkt. Share Price

₹70.84 1.77 (2.56%)

As on 03-Jul'26 16:59

Arihant Capital Markets Ltd (ARIHANTCAP)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511605 NSE: ARIHANTCAP Finance - Stock Broking | Small Cap | Arihant Capital Mkt. Share Price

₹70.84 1.77 (2.56%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹777 Cr.
Current Price
₹70.8
52-Week Low / High
₹58 / 120
TTM EPS
₹3
TTM Sales
₹204 Cr.
Book Value per Share
₹37.2
P/E Ratio
23.81
Higher than its 5-year historical median
Industry PE
51.3
Price to Book (P/B)
1.91
Lower than its 5-year historical median
Price to Sales (P/S)
3.80
In line with its 5-year historical median
EV/EBITDA
7.22
In line with its 5-year historical median
Dividend Yield
0.71%
Profitability Efficiency
Return on Equity (ROE)
16.70%
Outperforms industry median
Return on Capital Employed (ROCE)
22.48%
Outperforms industry median
Return on Assets (ROA)
7.12%
Operating Profit Margin
41.9%
Net Profit Margin
21.95%
Gross Profit Margin
29%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
5.43%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-11.62%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-19.53%
Asset Quality
Promoter Holding
67.67%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹396 Cr.
Equity
₹11 Cr.
Face Value
₹1
All Time Low / High
₹0.01 / 124.90

Arihant Capital Markets stock performance

Key Ratios
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Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Arihant Capital Markets Ltd a good quality company?
Arihant Capital Markets Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Arihant Capital Markets Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Arihant Capital Markets Ltd vs industry peers?
Arihant Capital Markets Ltd revenue CAGR is 24.87%, compared to the industry median CAGR of 16.32%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Arihant Capital Markets Ltd?
Promoters hold 67.67% of the Arihant Capital Markets Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Arihant Capital Markets Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 22.9% based on the current price.

10 Year X-Ray :

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 majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 19.7%35%26.7%15.9%17.2%26.4%30.4%16.3%30.2%22.5%-
Value Creation
Index
0.41.50.90.10.20.91.20.21.20.6-

Growth Parameters

Sales 25357051580.379.5109152132229241204
Sales YoY Gr.-125.5%-9.6%-84.4%-1%37.6%39.4%-13.2%73.1%5.4%-
Adj EPS 0.61.41.91.51.73.35.22.56.35.13
YoY Gr.-146.6%34.3%-22.4%14.8%95.3%55.4%-51.5%150.8%-19.5%-
BVPS (₹) 5.97.3910.41215.119.922.328.232.837.2
Adj Net
Profit
614.92015.517.834.854.126.265.85333
Cash Flow from Ops. -7.84.3-38.17.8117-31-21.115.9-35.927.4-
Debt/CF from Ops. 02-2.412.50.3-1.6-3.73.2-2.63-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -0.5%24.9%16.6%5.4%
Adj EPS 27.3%24.4%-0.7%-19.5%
BVPS21.1%22.3%18%16.3%
Share Price 24.4% 23.1% 22% -21.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
10.221.823.615.315.224.729.711.92516.78.5
Op. Profit
Mgn %
5.257.545.445.950.448.841.24941.932.5
Net Profit
Mgn %
2.42.63.919.322.331.835.519.828.82216
Debt to
Equity
00.110.90.30.30.40.20.30.20
Working Cap
Days
564180710650499547726322239800
Cash Conv.
Cycle
161237236-218-585-558-542-632-655311

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Income + 2555715188180110153133229242
Interest Income2535705158079109152132229241
Other Income 445558991213
Exceptional Items 2230000001
Expenditure + 2455494895956669497143175
Interest Expense 3379847111421
Operating Expenses 2395424774443547877117141
Provisions 445558991213
Exceptional Items 0000009004
Profit Before Tax 9222922234467368771
Taxes 3897691392118
Profit After Tax 6152016183554266653
Adjusted EPS (₹)0.61.41.91.51.73.35.22.56.35.1
Dividend Payout Ratio (%)26%10.50%7.80%10.10%11.70%6%5.80%15.90%7.90%9.80%

Valuation of Arihant Capital Mkt. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Equity Capital +617694109125157208232294341
Share Capital 10101010101010101010
Reserves 51658498114147197222283331
Short term borrowings089198354878516958
Long Term Borrowings011000212729
Current Liabilities 3263151174178275344255430359
Trade Payables21404142112157236183311269
Other Liabilities-21-48-133-139-147-205-314-233-380-318
Total Liabilities 93140247283303432553488751737

Assets

Non Current Asset +2223252931323936208181
Loan Asset 00000000174130
Other Non Current Asset 22232529313239363451
Current Asset +71116221254272401514452543556
Current Investment01530000000
Other Current Asset71101219254272401514452543556
Total Assets 93140247283303432553488751737

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -84-388117-31-2116-3627
Cash Flow From Investing Activity 12-1711-4-2-4909-12
Cash Flow From Financing Activity -4881-4-72922-3630-21
Net Cash Flow 1-454043-2610-203-6

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Operational & Financial Ratios

EPS (₹)2.907.209.607.508.5016.70262.506.305.10
DPS (₹)0.800.800.800.80111.500.400.500.50
BVPS (₹)29.336.445.252.159.875.599.722.328.232.8

Performance Ratios

ROA (%)6.612.810.45.96.19.511.05.010.67.1
ROE (%)10.221.823.615.315.224.729.711.925.016.7
ROCE (%)19.735.026.715.917.226.430.416.330.222.5

Valuation Parameters

Price/Book(x)1.01.62.31.20.50.94.01.71.92.1

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.140.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Arihant Capital Markets Ltd FAQs

The current trading price of Arihant Capital Mkt. on 03-Jul-2026 16:59 is ₹70.84.

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 02-Jul-2026 the market cap of Arihant Capital Mkt. stood at ₹776.5 Cr

The latest P/E ratio of Arihant Capital Mkt. as of 02-Jul-2026 is 23.81.

The latest P/B ratio of Arihant Capital Mkt. as of 02-Jul-2026 is 1.91.

The 52-week high of Arihant Capital Mkt. is ₹120.3 and the 52-week low is ₹57.90.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arihant Capital Mkt. is ₹204 ( Cr.) .

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

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.

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

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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