Arihant Capital Markets Ltd.
•2026-08-21
PROS
- Company has delivered good profit growth of 24.4% 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 23.0%
- Asset quality is healthy - gross NPA of just 0.0%
- Latest quarter profit grew 55.4% YoY, showing strong momentum
- Company has delivered good sales growth of 24.9% CAGR over 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
- Operating margins have contracted to 37.5% from 44.0%
- Recurring exceptional / one-off items are inflating headline profit
- Thin net interest margin of 0.0%
* 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 | 3121.00 | 51.62 | 79582.95 | 0.26 | 413.44 | 103.47 | 702.00 | 88.10 | 28.14 | 70.40 |
| 2. | MOTILALOFS | 971.10 | 29.54 | 58491.61 | 0.62 | 1273.71 | 9.53 | 3425.76 | 25.49 | 12.68 | 57.49 |
| 3. | 360ONE | 1204.80 | 38.84 | 49022.01 | 1.00 | 330.53 | 16.11 | 1226.09 | 26.85 | 12.28 | 63.01 |
| 4. | NUVAMA | 1728.75 | 29.31 | 31742.54 | 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 | 810.40 | 75.96 | 18053.81 | 0.00 | 60.61 | 26.37 | 309.79 | 32.46 | 23.09 | 33.83 |
| 7. | IIFLCAPS | 333.00 | 18.39 | 10483.06 | 0.90 | 1841.63 | 949.18 | 6314.82 | 922.86 | 23.27 | 35.76 |
| 8. | SHAREINDIA | 175.30 | 10.55 | 3836.01 | 0.91 | 124.41 | 47.45 | 448.09 | 31.25 | 21.00 | 44.76 |
| 9. | ARSSBL | 497.70 | 24.18 | 3138.81 | 1.00 | 23.35 | 2.35 | 246.10 | 22.37 | 19.72 | 39.54 |
| 10. | MONARCH | 391.55 | 17.14 | 3105.32 | 0.26 | 45.18 | -0.15 | 90.89 | -7.25 | 33.26 | 66.00 |
| 11. | GEOJITFSL | 80.56 | 31.00 | 2248.61 | 1.86 | 19.83 | -30.83 | 160.40 | 7.46 | 9.35 | 20.55 |
| 12. | ARIHANTCAP | 75.93 | 20.68 | 832.29 | 0.66 | 21.49 | 69.18 | 77.91 | 53.46 | 21.99 | 46.62 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41 | 54 | 71 | 62 | 71 | 74 | 51 | 45 | 50 | 55 | 48 | 51 | 75 | |
| 25 | 34 | 42 | 27 | 43 | 45 | 35 | 31 | 30 | 33 | 35 | 40 | 50 | |
| 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 | 4 | 4 | 4 | 6 | 6 | 5 | 7 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 14 | 18 | 24 | 31 | 23 | 23 | 15 | 10 | 16 | 16 | 6 | 5 | 25 | |
| Tax % | 24.91% | 23.10% | 24.73% | 24.44% | 26.16% | 22.61% | 27.12% | 24.38% | 21.97% | 22.74% | 27.23% | 37.32% | 24.42% |
| Net Profit | 11 | 14 | 18 | 24 | 17 | 18 | 11 | 8 | 12 | 13 | 5 | 3 | 19 |
| 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% |
- 41
- 25
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 14
- Tax %
- 24.91%
- Net Profit
- 11
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 54
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 18
- Tax %
- 23.10%
- Net Profit
- 14
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 71
- 42
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 24
- Tax %
- 24.73%
- Net Profit
- 18
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 62
- 27
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 31
- Tax %
- 24.44%
- Net Profit
- 24
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 71
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 1
- 23
- Tax %
- 26.16%
- Net Profit
- 17
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 74
- 45
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 6
- Depreciation
- 1
- 23
- Tax %
- 22.61%
- Net Profit
- 18
- 2
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 51
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 15
- Tax %
- 27.12%
- Net Profit
- 11
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 45
- 31
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 10
- Tax %
- 24.38%
- Net Profit
- 8
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 50
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 16
- Tax %
- 21.97%
- Net Profit
- 12
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 55
- 33
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 6
- Depreciation
- 1
- 16
- Tax %
- 22.74%
- Net Profit
- 13
- 1
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 10
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 48
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 6
- Depreciation
- 1
- 6
- Tax %
- 27.23%
- Net Profit
- 5
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 51
- 40
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 5
- Depreciation
- 1
- 5
- Tax %
- 37.32%
- Net Profit
- 3
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 75
- 50
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 7
- Depreciation
- 1
- 25
- Tax %
- 24.42%
- Net Profit
- 19
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 253 | 570 | 515 | 80 | 79 | 109 | 152 | 132 | 229 | 241 | 229 | |
| 242 | 545 | 481 | 48 | 47 | 61 | 86 | 85 | 126 | 151 | 158 | |
| Operating Profit | 13 | 26 | 37 | 32 | 33 | 49 | 67 | 48 | 103 | 91 | — |
| OPM % | 5 | 5 | 7 | 40 | 41 | 45 | 44 | 36 | 45 | 38 | — |
| Other Income | 2 | 2 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 3 | 3 | 7 | 9 | 8 | 4 | 7 | 11 | 14 | 21 | 24 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
| 9 | 22 | 29 | 22 | 23 | 44 | 67 | 36 | 87 | 71 | 53 | |
| Tax % | 34 | 34 | 30 | 30 | 24 | 21 | 20 | 26 | 24 | 25 | 25 |
| Net Profit | 6 | 15 | 20 | 16 | 18 | 35 | 54 | 26 | 66 | 53 | 39 |
| EPS | 0 | 0 | 0 | 0 | 0 | 17 | 26 | 3 | 6 | 5 | — |
| Dividend Payout % | 26 | 10 | 8 | 10 | 12 | 6 | 6 | 16 | 8 | 10 | — |
| 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 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 1 | 2 | 3 | 5 | 3 | 6 | 5 | — |
| 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 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 1 | 2 | 3 | 5 | 3 | 6 | 5 | — |
- 253
- 242
- Operating Profit
- 13
- OPM %
- 5
- Other Income
- 2
- Interest
- 3
- Depreciation
- 1
- 9
- Tax %
- 34
- Net Profit
- 6
- EPS
- 0
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 570
- 545
- Operating Profit
- 26
- OPM %
- 5
- Other Income
- 2
- Interest
- 3
- Depreciation
- 1
- 22
- Tax %
- 34
- Net Profit
- 15
- EPS
- 0
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 515
- 481
- Operating Profit
- 37
- OPM %
- 7
- Other Income
- 3
- Interest
- 7
- Depreciation
- 1
- 29
- Tax %
- 30
- Net Profit
- 20
- 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
- 80
- 48
- Operating Profit
- 32
- OPM %
- 40
- Other Income
- 0
- Interest
- 9
- Depreciation
- 1
- 22
- Tax %
- 30
- Net Profit
- 16
- EPS
- 0
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 79
- 47
- Operating Profit
- 33
- OPM %
- 41
- Other Income
- 0
- Interest
- 8
- Depreciation
- 1
- 23
- Tax %
- 24
- Net Profit
- 18
- 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
- 109
- 61
- Operating Profit
- 49
- OPM %
- 45
- Other Income
- 0
- 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
- 152
- 86
- Operating Profit
- 67
- OPM %
- 44
- Other Income
- 0
- Interest
- 7
- Depreciation
- 1
- 67
- Tax %
- 20
- Net Profit
- 54
- EPS
- 26
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- 132
- 85
- Operating Profit
- 48
- OPM %
- 36
- Other Income
- 0
- Interest
- 11
- Depreciation
- 2
- 36
- Tax %
- 26
- Net Profit
- 26
- EPS
- 3
- Dividend Payout %
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 229
- 126
- Operating Profit
- 103
- OPM %
- 45
- Other Income
- 0
- Interest
- 14
- Depreciation
- 2
- 87
- Tax %
- 24
- Net Profit
- 66
- EPS
- 6
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- 241
- 151
- Operating Profit
- 91
- OPM %
- 38
- Other Income
- 1
- Interest
- 21
- Depreciation
- 3
- 71
- Tax %
- 25
- Net Profit
- 53
- EPS
- 5
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- 229
- 158
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 24
- Depreciation
- 4
- 53
- Tax %
- 25
- Net Profit
- 39
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 25%
- 3 Years:
- 17%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 22%
- 5 Years:
- 24%
- 3 Years:
- -1%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 22%
- 3 Years:
- 11%
- 1 Year:
- -29%
RETURN ON EQUITY
- 10 Years:
- 19%
- 5 Years:
- 22%
- 3 Years:
- 18%
- Last Year:
- 17%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 51 | 65 | 84 | 98 | 114 | 147 | 197 | 222 | 283 | 331 | |
| 0 | 8 | 91 | 98 | 35 | 48 | 78 | 51 | 69 | 58 | |
| Trade Payables | 21 | 40 | 41 | 42 | 112 | 157 | 236 | 183 | 311 | 269 |
| 12 | 15 | 20 | 35 | 31 | 70 | 31 | 23 | 78 | 69 | |
| Total Liabilities | 93 | 140 | 247 | 283 | 303 | 432 | 553 | 488 | 751 | 737 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 8 | 8 | 10 | 10 | 9 | 9 | 10 | 14 | 15 | 28 | |
| 12 | 29 | 16 | 19 | 21 | 23 | 29 | 23 | 16 | 20 | |
| 14 | 2 | 13 | 9 | 10 | 10 | 17 | 5 | 29 | 48 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96 | 97 | |
| Cash & Bank | 25 | 21 | 75 | 86 | 156 | 213 | 238 | 199 | 395 | 393 |
| 33 | 80 | 132 | 158 | 106 | 178 | 258 | 249 | 200 | 151 | |
| Total Assets | 93 | 140 | 247 | 283 | 303 | 432 | 553 | 488 | 751 | 737 |
| Total Debt | 0 | 8 | 91 | 98 | 35 | 48 | 78 | 51 | 92 | 82 |
| Net Working Capital | 39 | 53 | 70 | 80 | 94 | 121 | 168 | 197 | 113 | 197 |
| Contingent Liabilities | 43 | 101 | 80 | 95 | 20 | 131 | 156 | 263 | 147 | 214 |
| Book Value per Share | 29.27 | 36.43 | 45.21 | 52.11 | 59.81 | 75.47 | 99.70 | 22.31 | 28.19 | 32.77 |
| 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 | 91 | 98 | 35 | 48 | 78 | 51 | 92 | 82 |
| Net Working Capital | 39 | 53 | 70 | 80 | 94 | 121 | 168 | 197 | 113 | 197 |
| Contingent Liabilities | 43 | 101 | 80 | 95 | 20 | 131 | 156 | 263 | 147 | 214 |
| Book Value per Share | 29.27 | 36.43 | 45.21 | 52.11 | 59.81 | 75.47 | 99.70 | 22.31 | 28.19 | 32.77 |
| 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
- 51
- 0
- Trade Payables
- 21
- 12
- Total Liabilities
- 93
- 8
- 12
- 14
- 0
- Cash & Bank
- 25
- 33
- Total Assets
- 93
- Total Debt
- 0
- Net Working Capital
- 39
- Contingent Liabilities
- 43
- Book Value per Share
- 29.27
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 39
- Contingent Liabilities
- 43
- Book Value per Share
- 29.27
- Face Value
- 5.00
- Equity Capital
- 10
- 65
- 8
- Trade Payables
- 40
- 15
- Total Liabilities
- 140
- 8
- 29
- 2
- 0
- Cash & Bank
- 21
- 80
- Total Assets
- 140
- Total Debt
- 8
- Net Working Capital
- 53
- Contingent Liabilities
- 101
- Book Value per Share
- 36.43
- Face Value
- 5.00
- Total Debt
- 8
- Net Working Capital
- 53
- Contingent Liabilities
- 101
- Book Value per Share
- 36.43
- Face Value
- 5.00
- Equity Capital
- 10
- 84
- 91
- Trade Payables
- 41
- 20
- Total Liabilities
- 247
- 10
- 16
- 13
- 0
- Cash & Bank
- 75
- 132
- Total Assets
- 247
- Total Debt
- 91
- Net Working Capital
- 70
- Contingent Liabilities
- 80
- Book Value per Share
- 45.21
- Face Value
- 5.00
- Total Debt
- 91
- Net Working Capital
- 70
- Contingent Liabilities
- 80
- Book Value per Share
- 45.21
- Face Value
- 5.00
- Equity Capital
- 10
- 98
- 98
- Trade Payables
- 42
- 35
- Total Liabilities
- 283
- 10
- 19
- 9
- 0
- Cash & Bank
- 86
- 158
- Total Assets
- 283
- Total Debt
- 98
- Net Working Capital
- 80
- Contingent Liabilities
- 95
- Book Value per Share
- 52.11
- Face Value
- 5.00
- Total Debt
- 98
- Net Working Capital
- 80
- Contingent Liabilities
- 95
- Book Value per Share
- 52.11
- Face Value
- 5.00
- Equity Capital
- 10
- 114
- 35
- Trade Payables
- 112
- 31
- Total Liabilities
- 303
- 9
- 21
- 10
- 0
- Cash & Bank
- 156
- 106
- Total Assets
- 303
- Total Debt
- 35
- Net Working Capital
- 94
- Contingent Liabilities
- 20
- Book Value per Share
- 59.81
- Face Value
- 5.00
- Total Debt
- 35
- Net Working Capital
- 94
- Contingent Liabilities
- 20
- Book Value per Share
- 59.81
- Face Value
- 5.00
- Equity Capital
- 10
- 147
- 48
- Trade Payables
- 157
- 70
- Total Liabilities
- 432
- 9
- 23
- 10
- 0
- Cash & Bank
- 213
- 178
- Total Assets
- 432
- Total Debt
- 48
- Net Working Capital
- 121
- Contingent Liabilities
- 131
- Book Value per Share
- 75.47
- Face Value
- 5.00
- Total Debt
- 48
- Net Working Capital
- 121
- Contingent Liabilities
- 131
- Book Value per Share
- 75.47
- Face Value
- 5.00
- Equity Capital
- 10
- 197
- 78
- Trade Payables
- 236
- 31
- Total Liabilities
- 553
- 10
- 29
- 17
- 0
- Cash & Bank
- 238
- 258
- Total Assets
- 553
- Total Debt
- 78
- Net Working Capital
- 168
- Contingent Liabilities
- 156
- Book Value per Share
- 99.70
- Face Value
- 5.00
- Total Debt
- 78
- Net Working Capital
- 168
- Contingent Liabilities
- 156
- Book Value per Share
- 99.70
- Face Value
- 5.00
- Equity Capital
- 10
- 222
- 51
- Trade Payables
- 183
- 23
- Total Liabilities
- 488
- 14
- 23
- 5
- 0
- Cash & Bank
- 199
- 249
- Total Assets
- 488
- Total Debt
- 51
- Net Working Capital
- 197
- Contingent Liabilities
- 263
- Book Value per Share
- 22.31
- Face Value
- 1.00
- Total Debt
- 51
- Net Working Capital
- 197
- Contingent Liabilities
- 263
- Book Value per Share
- 22.31
- Face Value
- 1.00
- Equity Capital
- 10
- 283
- 69
- Trade Payables
- 311
- 78
- Total Liabilities
- 751
- 15
- 16
- 29
- 96
- Cash & Bank
- 395
- 200
- Total Assets
- 751
- Total Debt
- 92
- Net Working Capital
- 113
- Contingent Liabilities
- 147
- Book Value per Share
- 28.19
- Face Value
- 1.00
- Total Debt
- 92
- Net Working Capital
- 113
- Contingent Liabilities
- 147
- Book Value per Share
- 28.19
- Face Value
- 1.00
- Equity Capital
- 10
- 331
- 58
- Trade Payables
- 269
- 69
- Total Liabilities
- 737
- 28
- 20
- 48
- 97
- Cash & Bank
- 393
- 151
- Total Assets
- 737
- Total Debt
- 82
- Net Working Capital
- 197
- Contingent Liabilities
- 214
- Book Value per Share
- 32.77
- Face Value
- 1.00
- Total Debt
- 82
- Net Working Capital
- 197
- Contingent Liabilities
- 214
- Book Value per Share
- 32.77
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -8 | 4 | -38 | 8 | 117 | -31 | -21 | 16 | -36 | 27 | |
| Cash from Investing | 12 | -17 | 11 | -4 | -2 | -4 | 9 | 0 | 9 | -12 |
| Cash from Financing | -4 | 8 | 81 | -4 | -72 | 9 | 22 | -36 | 30 | -21 |
| 1 | -4 | 54 | 0 | 43 | -26 | 10 | -20 | 3 | -6 | |
| Free Cash Flow | -9 | 4 | -40 | 8 | 116 | -31 | -23 | 10 | -39 | 11 |
| OCF / Net Profit | -1.29 | 0.29 | -1.90 | 0.50 | 6.58 | -0.89 | -0.39 | 0.61 | -0.55 | 0.52 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 79 | 56 | 29 | 80 | 33 | -73 |
| OCF / Net Profit | -1.29 | 0.29 | -1.90 | 0.50 | 6.58 | -0.89 | -0.39 | 0.61 | -0.55 | 0.52 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 79 | 56 | 29 | 80 | 33 | -73 |
- -8
- Cash from Investing
- 12
- Cash from Financing
- -4
- 1
- Free Cash Flow
- -9
- OCF / Net Profit
- -1.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.29
- Cumulative 5-Year FCF
- 0
- 4
- Cash from Investing
- -17
- Cash from Financing
- 8
- -4
- Free Cash Flow
- 4
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- 0
- -38
- Cash from Investing
- 11
- Cash from Financing
- 81
- 54
- Free Cash Flow
- -40
- OCF / Net Profit
- -1.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.90
- Cumulative 5-Year FCF
- 0
- 8
- Cash from Investing
- -4
- Cash from Financing
- -4
- 0
- Free Cash Flow
- 8
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 0
- 117
- Cash from Investing
- -2
- Cash from Financing
- -72
- 43
- Free Cash Flow
- 116
- OCF / Net Profit
- 6.58
- Cumulative 5-Year FCF
- 79
- OCF / Net Profit
- 6.58
- Cumulative 5-Year FCF
- 79
- -31
- Cash from Investing
- -4
- Cash from Financing
- 9
- -26
- Free Cash Flow
- -31
- OCF / Net Profit
- -0.89
- Cumulative 5-Year FCF
- 56
- OCF / Net Profit
- -0.89
- Cumulative 5-Year FCF
- 56
- -21
- Cash from Investing
- 9
- Cash from Financing
- 22
- 10
- Free Cash Flow
- -23
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- 29
- OCF / Net Profit
- -0.39
- Cumulative 5-Year FCF
- 29
- 16
- Cash from Investing
- 0
- Cash from Financing
- -36
- -20
- Free Cash Flow
- 10
- OCF / Net Profit
- 0.61
- Cumulative 5-Year FCF
- 80
- OCF / Net Profit
- 0.61
- Cumulative 5-Year FCF
- 80
- -36
- Cash from Investing
- 9
- Cash from Financing
- 30
- 3
- Free Cash Flow
- -39
- OCF / Net Profit
- -0.55
- Cumulative 5-Year FCF
- 33
- OCF / Net Profit
- -0.55
- Cumulative 5-Year FCF
- 33
- 27
- Cash from Investing
- -12
- Cash from Financing
- -21
- -6
- Free Cash Flow
- 11
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- -73
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- -73
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.88 | 7.16 | 9.62 | 7.46 | 8.53 | 16.69 | 25.97 | 2.52 | 6.32 | 5.09 |
| Book Value (₹) | 29.27 | 36.43 | 45.21 | 52.11 | 59.81 | 75.47 | 99.70 | 22.31 | 28.19 | 32.77 |
| 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 (₹) | 0.67 | 1.50 | 2.01 | 1.60 | 1.82 | 3.45 | 5.30 | 2.70 | 6.55 | 5.38 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 4.95% | 4.60% | 7.19% | 40.30% | 41.00% | 45.06% | 44.01% | 36.12% | 44.79% | 37.55% |
| Net Margin % | 2.38% | 2.62% | 3.89% | 19.33% | 22.34% | 31.77% | 35.47% | 19.83% | 28.76% | 21.95% |
| ROE % | 10.20% | 21.80% | 23.57% | 15.33% | 15.24% | 24.68% | 29.65% | 11.93% | 25.04% | 16.70% |
| ROCE % | 19.67% | 35.03% | 26.74% | 15.94% | 17.20% | 26.40% | 30.37% | 16.27% | 30.18% | 22.48% |
| 6.63% | 12.79% | 10.37% | 5.87% | 6.07% | 9.46% | 10.98% | 5.04% | 10.62% | 7.12% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 32 | 28 | 63 | 554 | 441 | 349 | 408 | 509 | 214 | 146 |
| Inventory Days | 12 | 5 | 5 | 51 | 44 | 33 | 32 | 30 | 27 | 58 |
| Payable Days | 34 | 22 | 35 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 11 | 11 | 33 | 604 | 485 | 381 | 440 | 538 | 241 | 204 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.11x | 0.97x | 0.90x | 0.28x | 0.31x | 0.38x | 0.22x | 0.32x | 0.24x |
| Interest Coverage (x) | 4.60x | 8.56x | 4.88x | 3.40x | 3.86x | 12.14x | 10.62x | 4.34x | 7.24x | 4.32x |
| 2.21x | 1.85x | 1.46x | 1.46x | 1.53x | 1.44x | 1.49x | 1.77x | 1.26x | 1.55x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 196.97% | 125.49% | -9.64% | -84.40% | -1.03% | 37.59% | 39.37% | -13.22% | 73.07% | 5.43% |
| Operating Profit Growth % | -10.90% | 109.56% | 41.24% | -12.52% | 0.68% | 51.19% | 36.14% | -28.78% | 115.49% | -11.31% |
| Net Profit Growth % | -15.03% | 148.24% | 34.35% | -22.48% | 14.37% | 95.68% | 55.58% | -51.49% | 151.00% | -19.52% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 151.00% | -19.52% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.65x | 13.43x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.94x | 2.09x |
| 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 | 2.59x | 4.38x |
- EPS (₹)
- 2.88
- Book Value (₹)
- 29.27
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 0.67
- Operating Margin %
- 4.95%
- Net Margin %
- 2.38%
- ROE %
- 10.20%
- ROCE %
- 19.67%
- 6.63%
- Debtor Days
- 32
- Inventory Days
- 12
- Payable Days
- 34
- 11
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 4.60x
- 2.21x
- Revenue Growth %
- 196.97%
- Operating Profit Growth %
- -10.90%
- Net Profit Growth %
- -15.03%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 7.16
- Book Value (₹)
- 36.43
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 1.50
- Operating Margin %
- 4.60%
- Net Margin %
- 2.62%
- ROE %
- 21.80%
- ROCE %
- 35.03%
- 12.79%
- Debtor Days
- 28
- Inventory Days
- 5
- Payable Days
- 22
- 11
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 8.56x
- 1.85x
- Revenue Growth %
- 125.49%
- Operating Profit Growth %
- 109.56%
- Net Profit Growth %
- 148.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 9.62
- Book Value (₹)
- 45.21
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 2.01
- Operating Margin %
- 7.19%
- Net Margin %
- 3.89%
- ROE %
- 23.57%
- ROCE %
- 26.74%
- 10.37%
- Debtor Days
- 63
- Inventory Days
- 5
- Payable Days
- 35
- 33
- Debt to Equity (x)
- 0.97x
- Interest Coverage (x)
- 4.88x
- 1.46x
- Revenue Growth %
- -9.64%
- Operating Profit Growth %
- 41.24%
- Net Profit Growth %
- 34.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 7.46
- Book Value (₹)
- 52.11
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 1.60
- Operating Margin %
- 40.30%
- Net Margin %
- 19.33%
- ROE %
- 15.33%
- ROCE %
- 15.94%
- 5.87%
- Debtor Days
- 554
- Inventory Days
- 51
- Payable Days
- 0
- 604
- Debt to Equity (x)
- 0.90x
- Interest Coverage (x)
- 3.40x
- 1.46x
- Revenue Growth %
- -84.40%
- Operating Profit Growth %
- -12.52%
- Net Profit Growth %
- -22.48%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 8.53
- Book Value (₹)
- 59.81
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 1.82
- Operating Margin %
- 41.00%
- Net Margin %
- 22.34%
- ROE %
- 15.24%
- ROCE %
- 17.20%
- 6.07%
- Debtor Days
- 441
- Inventory Days
- 44
- Payable Days
- 0
- 485
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 3.86x
- 1.53x
- Revenue Growth %
- -1.03%
- Operating Profit Growth %
- 0.68%
- Net Profit Growth %
- 14.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 16.69
- Book Value (₹)
- 75.47
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 3.45
- Operating Margin %
- 45.06%
- Net Margin %
- 31.77%
- ROE %
- 24.68%
- ROCE %
- 26.40%
- 9.46%
- Debtor Days
- 349
- Inventory Days
- 33
- Payable Days
- 0
- 381
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 12.14x
- 1.44x
- Revenue Growth %
- 37.59%
- Operating Profit Growth %
- 51.19%
- Net Profit Growth %
- 95.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 25.97
- Book Value (₹)
- 99.70
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 5.30
- Operating Margin %
- 44.01%
- Net Margin %
- 35.47%
- ROE %
- 29.65%
- ROCE %
- 30.37%
- 10.98%
- Debtor Days
- 408
- Inventory Days
- 32
- Payable Days
- 0
- 440
- Debt to Equity (x)
- 0.38x
- Interest Coverage (x)
- 10.62x
- 1.49x
- Revenue Growth %
- 39.37%
- Operating Profit Growth %
- 36.14%
- Net Profit Growth %
- 55.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 2.52
- Book Value (₹)
- 22.31
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 2.70
- Operating Margin %
- 36.12%
- Net Margin %
- 19.83%
- ROE %
- 11.93%
- ROCE %
- 16.27%
- 5.04%
- Debtor Days
- 509
- Inventory Days
- 30
- Payable Days
- 0
- 538
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 4.34x
- 1.77x
- Revenue Growth %
- -13.22%
- Operating Profit Growth %
- -28.78%
- Net Profit Growth %
- -51.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 6.32
- Book Value (₹)
- 28.19
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 6.55
- Operating Margin %
- 44.79%
- Net Margin %
- 28.76%
- ROE %
- 25.04%
- ROCE %
- 30.18%
- 10.62%
- Debtor Days
- 214
- Inventory Days
- 27
- Payable Days
- 0
- 241
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- 7.24x
- 1.26x
- Revenue Growth %
- 73.07%
- Operating Profit Growth %
- 115.49%
- Net Profit Growth %
- 151.00%
- 151.00%
- P/E (x)
- 8.65x
- P/B (x)
- 1.94x
- Dividend Yield %
- 0.91%
- 2.59x
- EPS (₹)
- 5.09
- Book Value (₹)
- 32.77
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 5.38
- Operating Margin %
- 37.55%
- Net Margin %
- 21.95%
- ROE %
- 16.70%
- ROCE %
- 22.48%
- 7.12%
- Debtor Days
- 146
- Inventory Days
- 58
- Payable Days
- 0
- 204
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 4.32x
- 1.55x
- Revenue Growth %
- 5.43%
- Operating Profit Growth %
- -11.31%
- Net Profit Growth %
- -19.52%
- -19.52%
- P/E (x)
- 13.43x
- P/B (x)
- 2.09x
- Dividend Yield %
- 0.73%
- 4.38x
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.

