About
Arihant Capital Markets Limited, together with its subsidiaries, provides financial advisory, brokerage, and consultancy services in India. It offers stock, commodities, and insurance broking services, as well as portfolio management, financial, real estate, and other related services. The company is also involved in the Retail broking, and depository services; Serving banks, insurance companies, mutual funds, and other institutions; mobile, web and desktop trading platforms for equities, ETFs, derivatives, IPOs, NCDs, commodities, and currencies; capital markets services, corporate finance, strategic advisory services, valuation, and specialized services; and mutual funds, fixed income, bonds, and NPS distribution services. In addition, the company offers NBFC and MTF loan against shares, and margin trading funding services; portfolio management services; and investment across asset classes, and platforms. It serves retail customers, mutual funds and financial institutions, and corporate clients. The company was incorporated in 1992 and is headquartered in Indore, India.
Key Metrics
as of Sep 2026Market Cap874 Cr
P/E21.80
Div Yield0.63 %
Book Value₹40.20
52w High₹120.00
52w Low₹57.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78.00 | 49.00 | 49.00 | 57.00 | 51.00 | 46.00 | 52.00 | 76.00 | 73.00 | 64.00 | 73.00 | 56.00 | 43.00 |
| Expenses | 43.00 | 41.00 | 35.00 | 33.00 | 30.00 | 31.00 | 35.00 | 46.00 | 43.00 | 27.00 | 43.00 | 35.00 | 25.00 |
| Operating Profit | 35.00 | 8.00 | 14.00 | 24.00 | 20.00 | 15.00 | 17.00 | 31.00 | 30.00 | 37.00 | 29.00 | 21.00 | 17.00 |
| OPM % | 45.00 | 16.00 | 28.00 | 42.00 | 40.00 | 32.00 | 32.00 | 40.00 | 41.00 | 58.00 | 41.00 | 38.00 | 41.00 |
| Other Income | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 5.00 | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 7.00 | 5.00 | 6.00 | 6.00 | 4.00 | 4.00 | 5.00 | 6.00 | 5.00 | 4.00 | 4.00 | 2.00 | 2.00 |
| Profit before tax | 28.00 | 2.00 | 7.00 | 17.00 | 16.00 | 11.00 | 16.00 | 25.00 | 25.00 | 33.00 | 26.00 | 19.00 | 15.00 |
| Tax % | 24.00 | 67.00 | 27.00 | 23.00 | 22.00 | 27.00 | 25.00 | 21.00 | 25.00 | 24.00 | 24.00 | 23.00 | 24.00 |
| Net Profit | 21.00 | 0.00 | 5.00 | 13.00 | 13.00 | 8.00 | 12.00 | 20.00 | 19.00 | 25.00 | 20.00 | 15.00 | 12.00 |
| EPS in Rs | 1.96 | 0.05 | 0.47 | 1.25 | 1.22 | 0.74 | 1.18 | 1.92 | 1.81 | 2.37 | 1.88 | 1.41 | 1.11 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 206.00 | 247.00 | 235.00 | 138.00 | 170.00 | 116.00 | 91.00 | 93.00 | 102.00 | 87.00 | 56.00 | 62.00 |
| Expenses | 139.00 | 152.00 | 128.00 | 86.00 | 97.00 | 67.00 | 58.00 | 58.00 | 58.00 | 48.00 | 39.00 | 41.00 |
| Operating Profit | 66.00 | 95.00 | 107.00 | 51.00 | 73.00 | 49.00 | 33.00 | 35.00 | 44.00 | 39.00 | 17.00 | 20.00 |
| OPM % | 32.00 | 38.00 | 45.00 | 37.00 | 43.00 | 42.00 | 36.00 | 38.00 | 43.00 | 45.00 | 30.00 | 33.00 |
| Other Income | 1.00 | 7.00 | 3.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 22.00 | 22.00 | 14.00 | 11.00 | 7.00 | 4.00 | 9.00 | 11.00 | 14.00 | 13.00 | 3.00 | 3.00 |
| Depreciation | 3.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 42.00 | 77.00 | 93.00 | 39.00 | 65.00 | 44.00 | 23.00 | 24.00 | 30.00 | 25.00 | 13.00 | 16.00 |
| Tax % | 25.00 | 24.00 | 24.00 | 26.00 | 23.00 | 21.00 | 24.00 | 31.00 | 31.00 | 33.00 | 33.00 | 31.00 |
| Net Profit | 31.00 | 59.00 | 71.00 | 29.00 | 50.00 | 35.00 | 17.00 | 17.00 | 21.00 | 17.00 | 9.00 | 11.00 |
| EPS in Rs | 2.87 | 5.64 | 6.77 | 2.80 | 4.84 | 3.33 | 1.68 | 1.61 | 1.99 | 1.60 | 0.82 | 1.06 |
| Dividend Payout % | 17.00 | 9.00 | 7.00 | 14.00 | 6.00 | 6.00 | 12.00 | 9.00 | 8.00 | 9.00 | 18.00 | 14.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 430.00 | 374.00 | 312.00 | 246.00 | 218.00 | 172.00 | 139.00 | 124.00 | 108.00 | 90.00 | 73.00 | 66.00 |
| Borrowings | 239.00 | 96.00 | 99.00 | 60.00 | 82.00 | 56.00 | 41.00 | 109.00 | 95.00 | 8.00 | 0.00 | 0.00 |
| Other Liabilities | 418.00 | 307.00 | 359.00 | 206.00 | 267.00 | 223.00 | 144.00 | 99.00 | 95.00 | 91.00 | 57.00 | 62.00 |
| Total Liabilities | 1,098.00 | 787.00 | 780.00 | 522.00 | 579.00 | 461.00 | 335.00 | 343.00 | 309.00 | 200.00 | 140.00 | 139.00 |
| Fixed Assets | 34.00 | 29.00 | 15.00 | 14.00 | 12.00 | 20.00 | 21.00 | 21.00 | 21.00 | 19.00 | 18.00 | 11.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 36.00 | 24.00 | 15.00 | 19.00 | 26.00 | 16.00 | 8.00 | 15.00 | 3.00 | 15.00 | 0.00 | 13.00 |
| Other Assets | 1,028.00 | 734.00 | 751.00 | 489.00 | 541.00 | 425.00 | 307.00 | 306.00 | 285.00 | 165.00 | 122.00 | 115.00 |
| Total Assets | 1,098.00 | 787.00 | 780.00 | 522.00 | 579.00 | 461.00 | 335.00 | 343.00 | 309.00 | 200.00 | 140.00 | 139.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -122.00 | 30.00 | -30.00 | 15.00 | -18.00 | -32.00 | 118.00 | -4.00 | -46.00 | 14.00 | -13.00 | 1.00 |
| Cash from Investing Activity | -22.00 | -12.00 | 6.00 | 0.00 | 13.00 | -7.00 | -2.00 | -4.00 | 16.00 | -16.00 | 5.00 | 6.00 |
| Cash from Financing Activity | 153.00 | -14.00 | 27.00 | -32.00 | 18.00 | 10.00 | -77.00 | 3.00 | 85.00 | 8.00 | -4.00 | -2.00 |
| Net Cash Flow | 9.00 | 4.00 | 4.00 | -17.00 | 13.00 | -28.00 | 38.00 | -5.00 | 54.00 | 6.00 | -12.00 | 6.00 |
| Free Cash Flow | -126.00 | 13.00 | -33.00 | 10.00 | -11.00 | -32.00 | 117.00 | -5.00 | -49.00 | 12.00 | -22.00 | 10.00 |
| CFO/OP % | -166.00 | 52.00 | -8.00 | 52.00 | -9.00 | -46.00 | 382.00 | 8.00 | -84.00 | 57.00 | -50.00 | 28.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 174.00 | 143.00 | 150.00 | 459.00 | 421.00 | 478.00 | 303.00 | 503.00 | 417.00 | 282.00 | 179.00 | 164.00 |
| Inventory Days | — | — | — | — | — | — | — | — | — | 1,136.00 | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | 2,291.00 | — | — |
| Cash Conversion Cycle | 174.00 | 143.00 | 150.00 | 459.00 | 421.00 | 478.00 | 303.00 | 503.00 | 417.00 | -873.00 | 179.00 | 164.00 |
| Working Capital Days | -355.00 | -201.00 | -317.00 | -38.00 | -53.00 | -72.00 | -198.00 | 287.00 | -43.00 | 77.00 | 115.00 | -40.00 |
| ROCE % | 11.00 | 21.00 | 29.00 | 16.00 | 27.00 | 22.00 | 15.00 | 15.00 | 27.00 | 40.00 | 20.00 | 27.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Sep 2025 | 20 Sep 2025 | — | 0.50 | |
| Dividend | 20 Sep 2024 | — | — | 0.50 | |
| Dividend | 28 Jul 2023 | — | — | 0.40 | |
| Dividend | 14 Jul 2022 | — | — | 0.15 | |
| Split | 12 Apr 2022 | 15 Apr 2022 | 5:1 | — | |
| Dividend | 14 Mar 2022 | 15 Mar 2022 | — | 0.75 | |
| Dividend | 16 Sep 2021 | — | — | 1.00 | |
| Dividend | 17 Sep 2020 | — | — | 1.00 | |
| Dividend | 26 Jul 2019 | — | — | 0.75 | |
| Dividend | 17 Sep 2018 | — | — | 0.75 | |
| Dividend | 31 Aug 2017 | — | — | 0.75 | |
| Dividend | 17 Mar 2016 | 18 Mar 2016 | — | 0.75 | |
| Dividend | 30 Jul 2015 | — | — | 0.75 | |
| Dividend | 31 Jul 2014 | — | — | 0.75 | |
| Dividend | 11 Jul 2013 | — | — | 0.75 | |
| Dividend | 05 Jul 2012 | — | — | 0.50 | |
| Dividend | 08 Sep 2011 | — | — | 0.75 | |
| Split | 23 Sep 2010 | 24 Sep 2010 | 10:5 | — | |
| Bonus | 23 Sep 2010 | 24 Sep 2010 | 3:5 | — | |
| Dividend | 18 Aug 2010 | — | — | 2.00 | |
| Dividend | 02 Sep 2009 | — | — | 1.50 | |
| Dividend | 18 Sep 2008 | — | — | 1.80 | |
| Dividend | 20 Sep 2007 | — | — | 1.50 | |
| Dividend | 31 Aug 2001 | — | — | 0.75 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update24 Oct 2017 from crisil