Arihant Capital Markets Limited (ARIHANTCAP) AI Stock Analysis

• Market Cap: ₹6.97B
• Dividend Yield: 0.53%
• Average Volume (3M): 50.43K
• Price to Earnings (P/E): 45.9
• Beta (1Y): 1.41
• Revenue Growth: -27.65%
• EPS Growth: -44.96%
• Country: IN
• Employees: 277
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.49
• Shares Outstanding: 109,612,800
• 10 Day Avg. Volume: 34,979
• 30 Day Avg. Volume: 50,431
• PEG Ratio: -0.74
• Price to Book (P/B): 1.89
• Price to Sales (P/S): 5.22
• P/FCF Ratio: 49.23
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ₹66.00 ▼(-27.12% Downside)
• Action: Reiterated Date: 03/10/26
• Date: Action: Reiterated 03/10/26

The score is primarily supported by solid financial fundamentals (revenue growth and strengthening equity), but is held back by operational profitability concerns (negative EBIT), bearish technical signals (below key moving averages with negative MACD), and an expensive valuation (high P/E with a low dividend yield).

Positive Factors

Strengthening equity base

An expanding equity base to 3,844.6m by 2025 provides a durable capital cushion to absorb shocks and fund growth initiatives. This improves balance-sheet flexibility, supports longer-term client financing and strategic investments, and reduces immediate reliance on external capital.

Negative Factors

Negative operating profitability (EBIT)

Negative EBIT in 2025 indicates core operations are not covering operating costs, undermining sustainable profit generation. Persistent operating losses constrain retained earnings growth, limit reinvestment capacity and require structural cost or revenue changes to restore durable profitability.

Arihant Capital Markets Limited Business Overview & Revenue Model

Company Description

Arihant Capital Markets Limited, together with its subsidiaries, provides various financial products and services primarily in India. Its products include equities and derivatives broking; commodities and currency broking; mutual funds, IPOs, and ...

Read more

Arihant Capital Markets Limited, together with its subsidiaries, provides various financial products and services primarily in India. Its products include equities and derivatives broking; commodities and currency broking; mutual funds, IPOs, and ...

How the Company Makes Money

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Arihant Capital Markets Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.14B	1.39B	1.22B	793.62M	968.99M	723.74M
Gross Profit	184.28M	238.10M	223.29M	122.74M	233.15M	198.33M
EBITDA	822.91M	1.00B	1.08B	503.27M	724.64M	484.51M
Net Income	457.42M	587.03M	705.10M	291.18M	503.61M	346.75M
Balance Sheet
Total Assets	9.65B	7.87B	7.80B	5.22B	5.79B	4.61B
Cash, Cash Equivalents and Short-Term Investments	4.25B	4.54B	784.89M	319.97M	759.14M	394.06M
Total Debt	2.11B	956.71M	992.77M	596.75M	823.78M	562.58M
Total Liabilities	5.51B	4.02B	4.58B	2.65B	3.50B	2.79B
Stockholders Equity	4.15B	3.84B	3.23B	2.57B	2.29B	1.82B
Cash Flow
Free Cash Flow	-1.12B	147.59M	-326.90M	104.07M	-180.55M	-324.06M
Operating Cash Flow	-1.04B	315.76M	-296.32M	146.92M	-180.55M	-316.86M
Investing Cash Flow	-60.37M	-209.89M	61.91M	-2.10M	130.45M	-68.06M
Financing Cash Flow	1.10B	-144.06M	273.70M	-318.05M	177.61M	102.09M

Arihant Capital Markets Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 90.56
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ARIHANTCAP, the sentiment is Negative. The current price of 90.56 is above the 20-day moving average (MA) of 68.01, above the 50-day MA of 74.48, and below the 200-day MA of 92.17, indicating a bearish trend. The MACD of -3.97 indicates Positive momentum. The RSI at 37.59 is Neutral, neither overbought nor oversold. The STOCH value of 42.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ARIHANTCAP.

Arihant Capital Markets Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRIMESECU	74 Outperform	₹9.65B	111.43	―	0.51%	34.10%	-15.20%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CSLFINANCE	66 Neutral	₹5.43B	8.12	―	0.93%	17.32%	13.66%
BIRLAMONEY	62 Neutral	₹6.42B	14.15	―	―	-6.37%	-24.10%
THEINVEST	59 Neutral	₹5.14B	13.06	―	―	-9.21%	-48.40%
ARIHANTCAP	58 Neutral	₹6.97B	45.88	―	0.53%	-27.65%	-44.96%