ARIHANTCAP share price, P/E, ROE & financials

On 6 Nov 2026, Arihant Capital Markets was priced at ₹92.43, or 25.1× trailing earnings, against an industry P/E of 18.4×, and the shares are 15% below their 52-week high. Sales and net profit grew 16% and 2.6% a year over 3 years; its ROCE of 14% is the lowest among the 7 largest Capital Markets peers, though net profit is above operating profit, which points to a one-off gain. Debt is 0.56× equity, and its dividend yield is 0.6%. It is a small-cap company with a market cap of ₹1,013 Cr, ranked 26th of 219 Capital Markets companies by market cap; the shares fell 11% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹95.60
Day high: ₹95.60
Day low: ₹92.06
Prev. close: ₹89.57
Volume: 6.2 L

Health check

5 to check

ReturnsBehind
−11.1% over a year, better than 1 of 7 peers.
Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
GrowthSlow
Sales +16.1%, profit +2.6% a year over 3 years.
ProfitabilityWeak
ROCE 14.4% vs peer median 22.1%.
Balance sheetStretched
Debt 0.56× equity, interest covered 2.9×, Piotroski 1 of 9.
Red flags2 to check
Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Capital Markets

218 listed peers. Screen the industry

Small cap

₹1,013 Cr, #26 of 219 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹226 Cr · profit ₹48 Cr

Market cap: ₹1,013 Cr; Small cap
P/E: 25.1; Industry 18.4
Price to book: 2.09; Peers 4.53
Dividend yield: 0.56%
ROE: 10.7%; Peers 18.9%
ROCE: 14.4%; Peers 22.1%
Debt to equity: 0.56; Debt ₹271 Cr
EPS (TTM): ₹3.68; Face value ₹1
OPM (TTM): −9.2%; Net margin 21.3%
Sales growth: +56.6%; Latest quarter vs a year ago
Profit growth: +69.2%; Latest quarter vs a year ago
Price to sales: 4.49

Strengths

Quarterly profit up 69.2% on a year ago.
Quarterly sales up 56.6% on a year ago.

Risks to check

Net profit is above operating profit, so a one-off gain is likely flattering earnings.
Interest coverage of only −0.6×.

Derived automatically from reported figures. Not a recommendation.

About Arihant Capital Markets

Arihant Capital Markets Limited, together with its subsidiaries, engages in the broking and related businesses in India. The company offers stock, commodities, and insurance broking services, as well as portfolio management, financial, real estate, and other related services. It is also involved in the retail broking, and depository services; Serving banks, insurance companies, mutual funds, and other institutions; mobile, web and desktop trading…

Headquarters: Indore
Employees: 456
Sector: Financial Services
ISIN: INE420B01036
Website: arihantcapital.com

Price range

52 weeks

₹56.97₹108.57

Today

₹92.06₹95.60

Avg volume (3M): 7 L
1-year return: minus 11.1%
From 52-week high: minus 14.9%

Peers · Capital Markets

Compare with peers Screen the whole industry

Company
GROWWBillionbrains Garage Ventures	215.08	minus 3.93%	1,33,585	50.3	13.78	29.3%	21.6%	62.9%	–	–	0.00%	plus 70.5%
MOTILALOFSMotilal Oswal Financial Services	1,102.00	plus 0.64%	66,448	25.0	4.27	18.1%	18.9%	52.4%	29.0%	26.1%	0.55%	plus 11.1%
AIILAuthum Investment & Infrastructure	570.05	plus 0.08%	48,410	27.6	3.29	15.2%	13.1%	74.0%	44.4%	−23.5%	0.00%	minus 0.7%
ANGELONEAngel One	331.00	plus 1.49%	30,290	26.8	4.53	26.9%	18.4%	39.7%	20.3%	0.9%	1.98%	plus 29.5%
CDSLCentral Depository Services (India)	1,331.40	minus 0.19%	27,826	55.1	14.03	29.7%	26.4%	48.8%	27.3%	18.2%	0.96%	minus 13.3%
CHOICEINChoice International	748.20	minus 0.09%	16,668	62.9	8.90	17.6%	15.8%	36.0%	42.2%	53.6%	0.00%	minus 7.4%
IIFLCAPSIIFL Capital Services	349.80	plus 0.13%	13,036	18.8	3.15	22.1%	19.5%	36.1%	19.9%	30.9%	0.86%	plus 4.1%
ARIHANTCAPArihant Capital Markets	92.43	plus 3.19%	1,013	25.1	2.09	14.4%	10.7%	−9.2%	16.1%	2.6%	0.56%	minus 11.1%
Median of 7 peers	–	0.08%	30,290	27.6	4.53	22.1%	18.9%	48.8%	28.2%	22.2%	0.55%	4.1%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
25.6	33.3	28.6	36.7	40.1
30.5	33	35.1	40.9	42.5
−4.8	0.4	−6.5	−4.3	−2.4
−18.9%	1.2%	−22.6%	−11.6%	−6.0%
19	20.5	21.4	20.3	23.8
3.9	6.3	6.2	5.2	7.4
0.8	0.9	0.9	0.9	0.9
6.9	3.3	−0.8	−8.4	15
16.3	17	7.1	1.5	28.2
21.9%	23.0%	26.6%	67.2%	23.7%
12.7	13.1	5.2	0.5	21.5
1.16	1.20	0.47	0.05	1.96

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +16.1%
Profit CAGR 3Y: +2.6%
EPS CAGR 3Y: +0.8%
ROE: 10.7%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
79.4	122	139	124
–	+53.4%	+14.4%	minus 10.8%
86.3	128	152	137
−6.9	−6.5	−13	−12.4
−8.7%	−5.4%	−9.3%	−10.0%
50	67.7	87	78.2
9	12.6	19.9	21.6
1.9	2.4	3	3.5
7.3	46.5	26.2	1.1
39.4	92.7	77.3	41.8
26.1%	23.9%	24.0%	24.8%
29.1	70.5	58.7	31.5
–	+142.2%	minus 16.7%	minus 46.4%
2.80	6.77	5.38	2.87

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.4	10.4	10.4	11
246	312	374	430
59.7	99.3	95.7	239
206	359	307	418
522	780	787	1,098
11.8	12.4	26.5	27.6
19.6	14.6	23.7	37.2
31.2	55.2	69.8	143
459	698	667	890
522	780	787	1,098

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
14.7	−29.6	31.6	−122
−0.2	6.2	−21	−22.2
−31.8	27.4	−14.4	153
−17.3	3.9	−3.8	8.8
−4.3	−3.1	−16.8	−4.1
10.4	−32.7	14.8	−126
−1.6	−4.2	−5.2	−5.2

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you