Arihant Capital Markets Limited (ARIHANTCAP) AI Stock Analysis

• Market Cap: ₹10.50B
• Dividend Yield: 0.5%
• Average Volume (3M): 50.43K
• Price to Earnings (P/E): 20.0
• Beta (1Y): 1.24
• Revenue Growth: -27.65%
• EPS Growth: -44.96%
• Country: IN
• Employees: 277
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 1.25
• Shares Outstanding: 104,112,800
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ₹108.00 ▲(8.11% Upside)

Arihant Capital Markets Limited's overall stock score is primarily influenced by its strong revenue growth and solid equity base, despite challenges in profitability and cash flow stability. The technical indicators suggest a lack of strong momentum, and the valuation metrics indicate moderate attractiveness. The absence of earnings call and corporate events data limits further insights.

Arihant Capital Markets Limited Business Overview & Revenue Model

Company Description

Arihant Capital Markets Limited (ARIHANTCAP) is a prominent financial services company based in India, specializing in a comprehensive range of investment solutions. The firm operates primarily in the capital markets sector, offering services such as stock broking, wealth management, and financial advisory. ARIHANTCAP caters to both retail and institutional clients, providing them with access to equity, derivatives, and mutual fund investments, alongside research and analysis to support informed decision-making.

How the Company Makes Money

Arihant Capital Markets Limited generates revenue through various streams, including brokerage fees from trading activities, management fees from mutual funds and portfolio management services, and advisory fees from wealth management services. The brokerage segment earns income by charging clients a commission on trades executed through its platform, while the wealth management division generates revenue by offering tailored financial solutions and charging fees based on assets under management. Additionally, the company may benefit from strategic partnerships with financial institutions and technology providers, enhancing its service offerings and expanding its client base, which can further contribute to its earnings.

Arihant Capital Markets Limited Financial Statement Overview

Summary

Arihant Capital Markets Limited demonstrates strong revenue growth and a solid equity base, but faces challenges in maintaining consistent profitability and cash flow stability. Operational inefficiencies reflected in negative EBIT and fluctuating net income need addressing to enhance financial health. The company must continue managing liabilities while capitalizing on its revenue growth momentum.

Income Statement

Arihant Capital Markets Limited has shown robust revenue growth over recent years, with a significant increase in total revenue from 556.9 million in 2020 to 1,392.5 million in 2025. However, profitability metrics like EBIT and Net Profit Margin are concerning, with a negative EBIT in 2025 indicating operational challenges. EBITDA remains strong, suggesting good underlying earnings potential, but net income has seen fluctuations, impacting overall profitability.

Balance Sheet

The company's balance sheet shows moderate stability with a strong equity base, evidenced by an increasing stockholders' equity from 1,496.1 million in 2020 to 3,844.6 million in 2025. The debt-to-equity ratio remains manageable, though total liabilities have also increased. The equity ratio remains healthy, indicating potential for sustainable growth, although rising debt levels could pose future risks.

Cash Flow

The cash flow statement reflects a mixed performance with operating cash flow showing recovery in 2025 after previous deficits. Free cash flow has improved significantly in the latest fiscal year, but historical volatility poses a risk. The company's ability to convert operating profits into cash has been inconsistent, impacting its cash flow stability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.24B	1.39B	1.22B	1.39B	1.59B	1.15B
Gross Profit	176.37M	225.03M	142.23M	1.28B	1.64B	765.89M
EBITDA	804.40M	1.00B	1.02B	507.77M	727.12M	484.51M
Net Income	525.98M	587.03M	705.10M	291.18M	503.61M	346.75M
Balance Sheet
Total Assets	0.00	7.87B	7.80B	5.22B	5.79B	4.61B
Cash, Cash Equivalents and Short-Term Investments	0.00	4.54B	784.89M	319.97M	759.14M	394.06M
Total Debt	0.00	956.71M	992.77M	596.75M	823.78M	562.58M
Total Liabilities	-3.84B	4.02B	4.58B	2.65B	3.50B	2.79B
Stockholders Equity	3.84B	3.84B	3.23B	2.57B	2.29B	1.82B
Cash Flow
Free Cash Flow	0.00	147.59M	-326.90M	104.07M	-180.55M	-324.06M
Operating Cash Flow	0.00	315.76M	-296.32M	146.92M	-180.55M	-316.86M
Investing Cash Flow	0.00	-209.89M	61.91M	-2.10M	130.45M	-68.06M
Financing Cash Flow	0.00	-144.06M	273.70M	-318.05M	177.61M	102.09M

Arihant Capital Markets Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 99.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• 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 99.9 is below the 20-day moving average (MA) of 104.46, below the 50-day MA of 107.91, and above the 200-day MA of 86.89, indicating a neutral trend. The MACD of -1.98 indicates Positive momentum. The RSI at 42.18 is Neutral, neither overbought nor oversold. The STOCH value of 24.35 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	₹10.22B	30.71	―	0.50%	34.10%	-15.20%
BIRLAMONEY	72 Outperform	₹9.07B	16.01	―	―	-6.37%	-24.10%
SUNDARMHLD	69 Neutral	₹10.74B	33.12	―	0.85%	61.59%	-17.60%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ARIHANTCAP	65 Neutral	₹10.50B	19.96	―	0.50%	-27.65%	-44.96%
CSLFINANCE	64 Neutral	₹6.07B	7.99	―	1.15%	21.83%	7.57%
THEINVEST	64 Neutral	₹7.33B	18.66	―	―	-9.21%	-48.40%