Arihant Capital Markets Ltd.
•2026-08-21
PROS
- Company has delivered good profit growth of 27.4% CAGR over last 5 years
- Solid return on assets for a lender - ROA of 7.1%
- Company has a healthy return on capital (ROCE) of 22.3%
- Asset quality is healthy - gross NPA of just 0.0%
- Latest quarter profit grew 69.2% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
CONS
- Capital adequacy is tight at 0.0% - limited headroom to grow
- Promoter holding has decreased over last 2 years: -2.1pp
- Recurring exceptional / one-off items are inflating headline profit
- Thin net interest margin of 0.0%
- Operating margins have contracted to 38.4% from 43.2%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | MCX | 2973.00 | 49.17 | 75809.08 | 0.27 | 413.44 | 103.47 | 702.00 | 88.10 | 28.14 | 70.40 |
| 2. | MOTILALOFS | 938.00 | 28.53 | 56497.92 | 0.64 | 1273.71 | 9.53 | 3425.76 | 25.49 | 12.68 | 57.49 |
| 3. | 360ONE | 1177.35 | 37.96 | 47905.10 | 1.02 | 330.53 | 16.11 | 1226.09 | 26.85 | 12.28 | 63.01 |
| 4. | NUVAMA | 1732.20 | 29.37 | 31805.89 | 1.62 | 305.64 | 15.83 | 1376.22 | 22.59 | 20.45 | 52.80 |
| 5. | ANGELONE | 289.50 | 25.63 | 26451.25 | 1.40 | 231.40 | 102.15 | 1429.69 | 25.35 | 14.87 | 33.92 |
| 6. | CHOICEIN | 799.55 | 74.94 | 17812.10 | 0.00 | 60.61 | 26.37 | 309.79 | 32.46 | 23.09 | 33.83 |
| 7. | IIFLCAPS | 334.20 | 18.45 | 10520.83 | 0.90 | 1841.63 | 949.18 | 6314.82 | 922.86 | 23.27 | 35.76 |
| 8. | SHAREINDIA | 175.65 | 10.58 | 3843.67 | 0.91 | 124.41 | 47.45 | 448.09 | 31.25 | 21.00 | 44.76 |
| 9. | ARSSBL | 498.35 | 24.21 | 3142.91 | 1.00 | 23.35 | 2.35 | 246.10 | 22.37 | 19.72 | 39.54 |
| 10. | MONARCH | 384.05 | 16.82 | 3045.84 | 0.26 | 45.18 | -0.15 | 90.89 | -7.25 | 33.26 | 66.00 |
| 11. | GEOJITFSL | 80.00 | 30.79 | 2232.98 | 1.88 | 19.83 | -30.83 | 160.40 | 7.46 | 9.35 | 20.55 |
| 12. | ARIHANTCAP | 78.25 | 21.31 | 857.72 | 0.64 | 21.49 | 69.18 | 77.91 | 53.46 | 21.99 | 46.62 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 43 | 56 | 73 | 64 | 73 | 76 | 52 | 46 | 51 | 57 | 49 | 49 | 78 | |
| 25 | 35 | 43 | 27 | 43 | 46 | 35 | 30 | 30 | 33 | 35 | 41 | 51 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 4 | 4 | 5 | 6 | 5 | 4 | 4 | 6 | 6 | 5 | 7 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 15 | 19 | 25 | 32 | 24 | 24 | 15 | 12 | 16 | 17 | 7 | 2 | 28 | |
| Tax % | 24.90% | 23.72% | 24.68% | 24.59% | 26.19% | 22.67% | 27.67% | 24.50% | 22.86% | 22.66% | 26.95% | 58.29% | 23.68% |
| Net Profit | 0 | 0 | 0 | 0 | 19 | 20 | 12 | 8 | 13 | 13 | 5 | 0 | 21 |
| 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 43
- 25
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 15
- Tax %
- 24.90%
- Net Profit
- 0
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 56
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 19
- Tax %
- 23.72%
- Net Profit
- 0
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 73
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 25
- Tax %
- 24.68%
- Net Profit
- 0
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 64
- 27
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 32
- Tax %
- 24.59%
- Net Profit
- 0
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 73
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 1
- 24
- Tax %
- 26.19%
- Net Profit
- 19
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 76
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 6
- Depreciation
- 1
- 24
- Tax %
- 22.67%
- Net Profit
- 20
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 52
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 1
- 15
- Tax %
- 27.67%
- Net Profit
- 12
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 46
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 12
- Tax %
- 24.50%
- Net Profit
- 8
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 51
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 16
- Tax %
- 22.86%
- Net Profit
- 13
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 57
- 33
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 6
- Depreciation
- 1
- 17
- Tax %
- 22.66%
- Net Profit
- 13
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 49
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 6
- Depreciation
- 1
- 7
- Tax %
- 26.95%
- Net Profit
- 5
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 49
- 41
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 1
- 2
- Tax %
- 58.29%
- Net Profit
- 0
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 78
- 51
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 7
- Depreciation
- 1
- 28
- Tax %
- 23.68%
- Net Profit
- 21
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 429 | 586 | 539 | 94 | 91 | 116 | 170 | 138 | 235 | 247 | 233 | |
| 416 | 560 | 506 | 59 | 58 | 67 | 97 | 86 | 128 | 152 | 160 | |
| Operating Profit | 17 | 30 | 39 | 36 | 33 | 49 | 73 | 51 | 107 | 96 | — |
| OPM % | 4 | 5 | 7 | 38 | 36 | 42 | 43 | 37 | 46 | 39 | — |
| Other Income | 4 | 4 | 5 | 1 | 0 | 1 | 0 | 0 | 0 | 1 | 1 |
| Interest | 3 | 4 | 8 | 11 | 9 | 4 | 7 | 11 | 14 | 22 | 25 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
| 13 | 25 | 30 | 24 | 23 | 44 | 65 | 39 | 93 | 77 | 54 | |
| Tax % | 34 | 33 | 31 | 31 | 24 | 21 | 23 | 26 | 24 | 24 | 25 |
| Net Profit | 9 | 17 | 21 | 17 | 17 | 35 | 50 | 29 | 71 | 59 | 41 |
| EPS | 0 | 0 | 0 | 0 | 0 | 17 | 24 | 3 | 7 | 6 | — |
| Dividend Payout % | 18 | 9 | 8 | 9 | 12 | 6 | 6 | 14 | 7 | 9 | — |
| Minority Interest | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 1 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 7 | 6 | — |
| Minority Interest | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Adjusted EPS | 1 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 7 | 6 | — |
- 429
- 416
- Operating Profit
- 17
- OPM %
- 4
- Other Income
- 4
- Interest
- 3
- Depreciation
- 1
- 13
- Tax %
- 34
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 18
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 586
- 560
- Operating Profit
- 30
- OPM %
- 5
- Other Income
- 4
- Interest
- 4
- Depreciation
- 1
- 25
- Tax %
- 33
- Net Profit
- 17
- EPS
- 0
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 539
- 506
- Operating Profit
- 39
- OPM %
- 7
- Other Income
- 5
- Interest
- 8
- Depreciation
- 1
- 30
- Tax %
- 31
- Net Profit
- 21
- EPS
- 0
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 94
- 59
- Operating Profit
- 36
- OPM %
- 38
- Other Income
- 1
- Interest
- 11
- Depreciation
- 1
- 24
- Tax %
- 31
- Net Profit
- 17
- EPS
- 0
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 91
- 58
- Operating Profit
- 33
- OPM %
- 36
- Other Income
- 0
- Interest
- 9
- Depreciation
- 1
- 23
- Tax %
- 24
- Net Profit
- 17
- EPS
- 0
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 116
- 67
- Operating Profit
- 49
- OPM %
- 42
- Other Income
- 1
- Interest
- 4
- Depreciation
- 1
- 44
- Tax %
- 21
- Net Profit
- 35
- EPS
- 17
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 170
- 97
- Operating Profit
- 73
- OPM %
- 43
- Other Income
- 0
- Interest
- 7
- Depreciation
- 1
- 65
- Tax %
- 23
- Net Profit
- 50
- EPS
- 24
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- 138
- 86
- Operating Profit
- 51
- OPM %
- 37
- Other Income
- 0
- Interest
- 11
- Depreciation
- 2
- 39
- Tax %
- 26
- Net Profit
- 29
- EPS
- 3
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 235
- 128
- Operating Profit
- 107
- OPM %
- 46
- Other Income
- 0
- Interest
- 14
- Depreciation
- 2
- 93
- Tax %
- 24
- Net Profit
- 71
- EPS
- 7
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- 247
- 152
- Operating Profit
- 96
- OPM %
- 39
- Other Income
- 1
- Interest
- 22
- Depreciation
- 3
- 77
- Tax %
- 24
- Net Profit
- 59
- EPS
- 6
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- 233
- 160
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 25
- Depreciation
- 4
- 54
- Tax %
- 25
- Net Profit
- 41
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 1
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -7%
- 5 Years:
- 22%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 18%
- 5 Years:
- 27%
- 3 Years:
- 5%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 22%
- 3 Years:
- 11%
- 1 Year:
- -31%
RETURN ON EQUITY
- 10 Years:
- 17%
- 5 Years:
- 20%
- 3 Years:
- 18%
- Last Year:
- 17%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| 73 | 90 | 108 | 124 | 139 | 172 | 218 | 246 | 312 | 365 | |
| 0 | 8 | 95 | 109 | 41 | 56 | 82 | 60 | 72 | 68 | |
| Trade Payables | 41 | 67 | 67 | 61 | 112 | 157 | 236 | 183 | 304 | 269 |
| 16 | 24 | 28 | 38 | 32 | 65 | 31 | 23 | 82 | 74 | |
| Total Liabilities | 140 | 200 | 309 | 343 | 335 | 460 | 579 | 522 | 780 | 787 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 18 | 19 | 21 | 19 | 19 | 18 | 10 | 14 | 15 | 29 | |
| 0 | 15 | 3 | 8 | 9 | 16 | 26 | 19 | 15 | 24 | |
| 36 | 33 | 47 | 41 | 38 | 36 | 27 | 7 | 31 | 49 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96 | 97 | |
| Cash & Bank | 46 | 52 | 106 | 112 | 159 | 215 | 243 | 206 | 405 | 405 |
| 41 | 80 | 132 | 162 | 110 | 175 | 273 | 275 | 218 | 184 | |
| Total Assets | 140 | 200 | 309 | 343 | 335 | 460 | 579 | 522 | 780 | 787 |
| Total Debt | 0 | 8 | 95 | 109 | 41 | 56 | 82 | 60 | 99 | 96 |
| Net Working Capital | 63 | 80 | 97 | 108 | 121 | 145 | 193 | 224 | 128 | 196 |
| Contingent Liabilities | 63 | 211 | 116 | 110 | 22 | 131 | 156 | 263 | 149 | 216 |
| Book Value per Share | 40.06 | 48.08 | 57.10 | 64.62 | 71.85 | 87.46 | 109.92 | 24.64 | 30.98 | 36.10 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 0 | 8 | 95 | 109 | 41 | 56 | 82 | 60 | 99 | 96 |
| Net Working Capital | 63 | 80 | 97 | 108 | 121 | 145 | 193 | 224 | 128 | 196 |
| Contingent Liabilities | 63 | 211 | 116 | 110 | 22 | 131 | 156 | 263 | 149 | 216 |
| Book Value per Share | 40.06 | 48.08 | 57.10 | 64.62 | 71.85 | 87.46 | 109.92 | 24.64 | 30.98 | 36.10 |
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 | 1.00 | 1.00 |
- Equity Capital
- 10
- 73
- 0
- Trade Payables
- 41
- 16
- Total Liabilities
- 140
- 18
- 0
- 36
- 0
- Cash & Bank
- 46
- 41
- Total Assets
- 140
- Total Debt
- 0
- Net Working Capital
- 63
- Contingent Liabilities
- 63
- Book Value per Share
- 40.06
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 63
- Contingent Liabilities
- 63
- Book Value per Share
- 40.06
- Face Value
- 5.00
- Equity Capital
- 10
- 90
- 8
- Trade Payables
- 67
- 24
- Total Liabilities
- 200
- 19
- 15
- 33
- 0
- Cash & Bank
- 52
- 80
- Total Assets
- 200
- Total Debt
- 8
- Net Working Capital
- 80
- Contingent Liabilities
- 211
- Book Value per Share
- 48.08
- Face Value
- 5.00
- Total Debt
- 8
- Net Working Capital
- 80
- Contingent Liabilities
- 211
- Book Value per Share
- 48.08
- Face Value
- 5.00
- Equity Capital
- 10
- 108
- 95
- Trade Payables
- 67
- 28
- Total Liabilities
- 309
- 21
- 3
- 47
- 0
- Cash & Bank
- 106
- 132
- Total Assets
- 309
- Total Debt
- 95
- Net Working Capital
- 97
- Contingent Liabilities
- 116
- Book Value per Share
- 57.10
- Face Value
- 5.00
- Total Debt
- 95
- Net Working Capital
- 97
- Contingent Liabilities
- 116
- Book Value per Share
- 57.10
- Face Value
- 5.00
- Equity Capital
- 10
- 124
- 109
- Trade Payables
- 61
- 38
- Total Liabilities
- 343
- 19
- 8
- 41
- 0
- Cash & Bank
- 112
- 162
- Total Assets
- 343
- Total Debt
- 109
- Net Working Capital
- 108
- Contingent Liabilities
- 110
- Book Value per Share
- 64.62
- Face Value
- 5.00
- Total Debt
- 109
- Net Working Capital
- 108
- Contingent Liabilities
- 110
- Book Value per Share
- 64.62
- Face Value
- 5.00
- Equity Capital
- 10
- 139
- 41
- Trade Payables
- 112
- 32
- Total Liabilities
- 335
- 19
- 9
- 38
- 0
- Cash & Bank
- 159
- 110
- Total Assets
- 335
- Total Debt
- 41
- Net Working Capital
- 121
- Contingent Liabilities
- 22
- Book Value per Share
- 71.85
- Face Value
- 5.00
- Total Debt
- 41
- Net Working Capital
- 121
- Contingent Liabilities
- 22
- Book Value per Share
- 71.85
- Face Value
- 5.00
- Equity Capital
- 10
- 172
- 56
- Trade Payables
- 157
- 65
- Total Liabilities
- 460
- 18
- 16
- 36
- 0
- Cash & Bank
- 215
- 175
- Total Assets
- 460
- Total Debt
- 56
- Net Working Capital
- 145
- Contingent Liabilities
- 131
- Book Value per Share
- 87.46
- Face Value
- 5.00
- Total Debt
- 56
- Net Working Capital
- 145
- Contingent Liabilities
- 131
- Book Value per Share
- 87.46
- Face Value
- 5.00
- Equity Capital
- 10
- 218
- 82
- Trade Payables
- 236
- 31
- Total Liabilities
- 579
- 10
- 26
- 27
- 0
- Cash & Bank
- 243
- 273
- Total Assets
- 579
- Total Debt
- 82
- Net Working Capital
- 193
- Contingent Liabilities
- 156
- Book Value per Share
- 109.92
- Face Value
- 5.00
- Total Debt
- 82
- Net Working Capital
- 193
- Contingent Liabilities
- 156
- Book Value per Share
- 109.92
- Face Value
- 5.00
- Equity Capital
- 10
- 246
- 60
- Trade Payables
- 183
- 23
- Total Liabilities
- 522
- 14
- 19
- 7
- 0
- Cash & Bank
- 206
- 275
- Total Assets
- 522
- Total Debt
- 60
- Net Working Capital
- 224
- Contingent Liabilities
- 263
- Book Value per Share
- 24.64
- Face Value
- 1.00
- Total Debt
- 60
- Net Working Capital
- 224
- Contingent Liabilities
- 263
- Book Value per Share
- 24.64
- Face Value
- 1.00
- Equity Capital
- 10
- 312
- 72
- Trade Payables
- 304
- 82
- Total Liabilities
- 780
- 15
- 15
- 31
- 96
- Cash & Bank
- 405
- 218
- Total Assets
- 780
- Total Debt
- 99
- Net Working Capital
- 128
- Contingent Liabilities
- 149
- Book Value per Share
- 30.98
- Face Value
- 1.00
- Total Debt
- 99
- Net Working Capital
- 128
- Contingent Liabilities
- 149
- Book Value per Share
- 30.98
- Face Value
- 1.00
- Equity Capital
- 10
- 365
- 68
- Trade Payables
- 269
- 74
- Total Liabilities
- 787
- 29
- 24
- 49
- 97
- Cash & Bank
- 405
- 184
- Total Assets
- 787
- Total Debt
- 96
- Net Working Capital
- 196
- Contingent Liabilities
- 216
- Book Value per Share
- 36.10
- Face Value
- 1.00
- Total Debt
- 96
- Net Working Capital
- 196
- Contingent Liabilities
- 216
- Book Value per Share
- 36.10
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -13 | 14 | -46 | -4 | 118 | -32 | -18 | 15 | -30 | 32 | |
| Cash from Investing | 5 | -16 | 16 | -4 | -2 | -7 | 13 | -0 | 6 | -13 |
| Cash from Financing | -4 | 8 | 85 | 3 | -77 | 10 | 18 | -32 | 27 | -22 |
| -12 | 6 | 54 | -5 | 38 | -28 | 13 | -17 | 4 | -4 | |
| Free Cash Flow | -22 | 12 | -48 | -4 | 117 | -32 | -18 | 9 | -33 | 15 |
| OCF / Net Profit | -1.56 | 0.83 | -2.24 | -0.24 | 6.77 | -0.91 | -0.36 | 0.50 | -0.42 | 0.54 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 55 | 45 | 15 | 72 | 43 | -59 |
| OCF / Net Profit | -1.56 | 0.83 | -2.24 | -0.24 | 6.77 | -0.91 | -0.36 | 0.50 | -0.42 | 0.54 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 55 | 45 | 15 | 72 | 43 | -59 |
- -13
- Cash from Investing
- 5
- Cash from Financing
- -4
- -12
- Free Cash Flow
- -22
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.56
- Cumulative 5-Year FCF
- 0
- 14
- Cash from Investing
- -16
- Cash from Financing
- 8
- 6
- Free Cash Flow
- 12
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 0
- -46
- Cash from Investing
- 16
- Cash from Financing
- 85
- 54
- Free Cash Flow
- -48
- OCF / Net Profit
- -2.24
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.24
- Cumulative 5-Year FCF
- 0
- -4
- Cash from Investing
- -4
- Cash from Financing
- 3
- -5
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- 0
- 118
- Cash from Investing
- -2
- Cash from Financing
- -77
- 38
- Free Cash Flow
- 117
- OCF / Net Profit
- 6.77
- Cumulative 5-Year FCF
- 55
- OCF / Net Profit
- 6.77
- Cumulative 5-Year FCF
- 55
- -32
- Cash from Investing
- -7
- Cash from Financing
- 10
- -28
- Free Cash Flow
- -32
- OCF / Net Profit
- -0.91
- Cumulative 5-Year FCF
- 45
- OCF / Net Profit
- -0.91
- Cumulative 5-Year FCF
- 45
- -18
- Cash from Investing
- 13
- Cash from Financing
- 18
- 13
- Free Cash Flow
- -18
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 15
- OCF / Net Profit
- -0.36
- Cumulative 5-Year FCF
- 15
- 15
- Cash from Investing
- -0
- Cash from Financing
- -32
- -17
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 72
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 72
- -30
- Cash from Investing
- 6
- Cash from Financing
- 27
- 4
- Free Cash Flow
- -33
- OCF / Net Profit
- -0.42
- Cumulative 5-Year FCF
- 43
- OCF / Net Profit
- -0.42
- Cumulative 5-Year FCF
- 43
- 32
- Cash from Investing
- -13
- Cash from Financing
- -22
- -4
- Free Cash Flow
- 15
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- -59
- OCF / Net Profit
- 0.54
- Cumulative 5-Year FCF
- -59
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.11 | 8.01 | 9.93 | 8.05 | 8.40 | 16.65 | 24.19 | 2.80 | 6.77 | 5.64 |
| Book Value (₹) | 40.06 | 48.08 | 57.10 | 64.62 | 71.85 | 87.46 | 109.92 | 24.64 | 30.98 | 36.10 |
| Dividend per Share (₹) | 0.75 | 0.75 | 0.75 | 0.75 | 1.00 | 1.00 | 1.50 | 0.40 | 0.50 | 0.50 |
| Cash EPS (₹) | 0.92 | 1.68 | 2.08 | 1.72 | 1.80 | 3.45 | 4.95 | 2.98 | 7.00 | 5.93 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 3.96% | 5.12% | 7.23% | 38.26% | 36.04% | 42.16% | 43.23% | 37.41% | 45.40% | 38.43% |
| Net Margin % | 2.00% | 2.85% | 3.83% | 17.81% | 19.21% | 29.98% | 29.67% | 21.17% | 29.99% | 23.74% |
| ROE % | 10.69% | 18.18% | 18.88% | 13.22% | 12.31% | 20.91% | 24.51% | 12.00% | 24.35% | 16.81% |
| ROCE % | 19.98% | 30.36% | 23.55% | 15.20% | 14.51% | 22.34% | 26.40% | 16.00% | 28.97% | 21.99% |
| 6.13% | 9.81% | 8.12% | 5.14% | 5.16% | 8.72% | 9.70% | 5.29% | 10.83% | 7.49% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 23 | 29 | 62 | 477 | 409 | 359 | 374 | 490 | 209 | 142 |
| Inventory Days | 23 | 21 | 27 | 171 | 159 | 118 | 68 | 45 | 30 | 59 |
| Payable Days | 43 | 40 | 56 | 0 | 9061 | 0 | 0 | 0 | 0 | 0 |
| 4 | 11 | 33 | 647 | -8493 | 476 | 442 | 535 | 239 | 202 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.08x | 0.80x | 0.81x | 0.28x | 0.31x | 0.36x | 0.23x | 0.31x | 0.25x |
| Interest Coverage (x) | 5.12x | 7.12x | 4.64x | 3.26x | 3.66x | 11.40x | 9.94x | 4.64x | 7.52x | 4.53x |
| 2.12x | 1.81x | 1.51x | 1.52x | 1.65x | 1.52x | 1.55x | 1.85x | 1.30x | 1.53x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -15.42% | 36.63% | -7.98% | -82.56% | -3.20% | 27.02% | 46.77% | -18.97% | 70.95% | 5.18% |
| Operating Profit Growth % | -17.64% | 76.35% | 30.05% | -7.69% | -8.83% | 48.60% | 50.51% | -29.89% | 108.37% | -10.71% |
| Net Profit Growth % | -22.77% | 94.95% | 23.87% | -18.94% | 4.38% | 98.28% | 45.24% | -42.18% | 142.16% | -16.75% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 142.16% | -16.75% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.07x | 12.13x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.77x | 1.89x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.91% | 0.73% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.45x | 4.21x |
- EPS (₹)
- 4.11
- Book Value (₹)
- 40.06
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 0.92
- Operating Margin %
- 3.96%
- Net Margin %
- 2.00%
- ROE %
- 10.69%
- ROCE %
- 19.98%
- 6.13%
- Debtor Days
- 23
- Inventory Days
- 23
- Payable Days
- 43
- 4
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 5.12x
- 2.12x
- Revenue Growth %
- -15.42%
- Operating Profit Growth %
- -17.64%
- Net Profit Growth %
- -22.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 8.01
- Book Value (₹)
- 48.08
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 1.68
- Operating Margin %
- 5.12%
- Net Margin %
- 2.85%
- ROE %
- 18.18%
- ROCE %
- 30.36%
- 9.81%
- Debtor Days
- 29
- Inventory Days
- 21
- Payable Days
- 40
- 11
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 7.12x
- 1.81x
- Revenue Growth %
- 36.63%
- Operating Profit Growth %
- 76.35%
- Net Profit Growth %
- 94.95%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 9.93
- Book Value (₹)
- 57.10
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 2.08
- Operating Margin %
- 7.23%
- Net Margin %
- 3.83%
- ROE %
- 18.88%
- ROCE %
- 23.55%
- 8.12%
- Debtor Days
- 62
- Inventory Days
- 27
- Payable Days
- 56
- 33
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 4.64x
- 1.51x
- Revenue Growth %
- -7.98%
- Operating Profit Growth %
- 30.05%
- Net Profit Growth %
- 23.87%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 8.05
- Book Value (₹)
- 64.62
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 1.72
- Operating Margin %
- 38.26%
- Net Margin %
- 17.81%
- ROE %
- 13.22%
- ROCE %
- 15.20%
- 5.14%
- Debtor Days
- 477
- Inventory Days
- 171
- Payable Days
- 0
- 647
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 3.26x
- 1.52x
- Revenue Growth %
- -82.56%
- Operating Profit Growth %
- -7.69%
- Net Profit Growth %
- -18.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 8.40
- Book Value (₹)
- 71.85
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 1.80
- Operating Margin %
- 36.04%
- Net Margin %
- 19.21%
- ROE %
- 12.31%
- ROCE %
- 14.51%
- 5.16%
- Debtor Days
- 409
- Inventory Days
- 159
- Payable Days
- 9061
- -8493
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 3.66x
- 1.65x
- Revenue Growth %
- -3.20%
- Operating Profit Growth %
- -8.83%
- Net Profit Growth %
- 4.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 16.65
- Book Value (₹)
- 87.46
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 3.45
- Operating Margin %
- 42.16%
- Net Margin %
- 29.98%
- ROE %
- 20.91%
- ROCE %
- 22.34%
- 8.72%
- Debtor Days
- 359
- Inventory Days
- 118
- Payable Days
- 0
- 476
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 11.40x
- 1.52x
- Revenue Growth %
- 27.02%
- Operating Profit Growth %
- 48.60%
- Net Profit Growth %
- 98.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 24.19
- Book Value (₹)
- 109.92
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 4.95
- Operating Margin %
- 43.23%
- Net Margin %
- 29.67%
- ROE %
- 24.51%
- ROCE %
- 26.40%
- 9.70%
- Debtor Days
- 374
- Inventory Days
- 68
- Payable Days
- 0
- 442
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 9.94x
- 1.55x
- Revenue Growth %
- 46.77%
- Operating Profit Growth %
- 50.51%
- Net Profit Growth %
- 45.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 2.80
- Book Value (₹)
- 24.64
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 2.98
- Operating Margin %
- 37.41%
- Net Margin %
- 21.17%
- ROE %
- 12.00%
- ROCE %
- 16.00%
- 5.29%
- Debtor Days
- 490
- Inventory Days
- 45
- Payable Days
- 0
- 535
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 4.64x
- 1.85x
- Revenue Growth %
- -18.97%
- Operating Profit Growth %
- -29.89%
- Net Profit Growth %
- -42.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 6.77
- Book Value (₹)
- 30.98
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 7.00
- Operating Margin %
- 45.40%
- Net Margin %
- 29.99%
- ROE %
- 24.35%
- ROCE %
- 28.97%
- 10.83%
- Debtor Days
- 209
- Inventory Days
- 30
- Payable Days
- 0
- 239
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 7.52x
- 1.30x
- Revenue Growth %
- 70.95%
- Operating Profit Growth %
- 108.37%
- Net Profit Growth %
- 142.16%
- 142.16%
- P/E (x)
- 8.07x
- P/B (x)
- 1.77x
- Dividend Yield %
- 0.91%
- 2.45x
- EPS (₹)
- 5.64
- Book Value (₹)
- 36.10
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 5.93
- Operating Margin %
- 38.43%
- Net Margin %
- 23.74%
- ROE %
- 16.81%
- ROCE %
- 21.99%
- 7.49%
- Debtor Days
- 142
- Inventory Days
- 59
- Payable Days
- 0
- 202
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 4.53x
- 1.53x
- Revenue Growth %
- 5.18%
- Operating Profit Growth %
- -10.71%
- Net Profit Growth %
- -16.75%
- -16.75%
- P/E (x)
- 12.13x
- P/B (x)
- 1.89x
- Dividend Yield %
- 0.73%
- 4.21x
Documents
Announcements
- Outcome of Board Meeting
2026-08-20 - Arihant Capital Markets Limited has informed the Exchange regarding Outcome of Board Meeting held on August 20, 2026.
- Outcome of Board Meeting
2026-08-20 - Arihant Capital Markets Limited has informed the Exchange regarding Outcome of Board Meeting held on August 20, 2026.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.

