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Arihant Capital Mkt. share price

Arihant Capital Markets Ltd.

NSE: ARIHANTCAP BSE: 511605 SECTOR: Finance - Stock Broking  48k   176   13

98.20
-0.90 (-0.91%)
BSE: 22 Nov 04:00 PM

Price Summary

Today's High

₹ 100.15

Today's Low

₹ 96.8

52 Week High

₹ 124.9

52 Week Low

₹ 48.9

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1022.39 Cr.

Advances

0 Cr.

No. of Shares

10.41 Cr.

P/E

13.39

P/B

3.04

Face Value

₹ 1

Div. Yield

0.51 %

Book Value (TTM)

₹  32.35

Operating Revenue

228.94 Cr.

Net Profit

65.84 Cr.

Promoter Holding

69.81 %

EPS (TTM)

₹  7.34

Sales Growth

73.07

ROE

25.04 %

ROCE

30.18%

Profit Growth

151.01 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year73.07%
3 Year27.92%
5 Year23.3%

Profit Growth

1 Year151.01%
3 Year23.73%
5 Year33.49%

ROE%

1 Year25.04%
3 Year22.2%
5 Year21.31%

ROCE %

1 Year30.18%
3 Year25.61%
5 Year24.08%

ROA%

10.6231

PEG Ratio

0.09

PAT Margin (%)

28.7571

EPS Growth(%)

151.0039

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 69.81 0.00
Jun 2024 69.81 0.14
Mar 2024 69.81 0.00
Dec 2023 70.18 0.00
Sep 2023 71.64 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 8.9291%.
  • Company has maintained a good ROA of 8.8799355837678% in last 3 years.
  • Company has a healthy Return on Equity (ROE) track record of 22.2045497081314%.
  • TThe company has been maintaining a healthy ROCE of 25.6053613409245% since last 3 years.
  • The company is trading at 1.9394 times the book value
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 27.9164875398819%.
  • The company has delivered substantial profit growth of 23.7325085018818% over past 3 years.
  • Promoters shareholding is 69.81%.

 Limitations

  • Provision and contingencies have increased by 32.1386255924171%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 53.97 71.07 62.41 71.34 73.72
Other Income 0.04 0.03 0.22 0.03 0.04
Interest Expended 1.96 4.19 4.12 5.03 5.54
Operating Expenses 34.02 42.38 26.62 42.54 44.69
Total Provisions 0.34 0 0 0 0
Depreciation 0.58 0.59 0.63 0.67 0.72
Profit Before Tax 17.11 23.94 31.26 23.13 22.82
Tax 4.11 5.92 7.64 6.05 5.16
Net Profit 13.67 18.01 23.62 17.08 17.66
Adjusted EPS (RS) 1.31 1.73 2.27 1.64 1.7

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 79.5 109.38 152.44 132.28 228.94
Other Income 0.12 0.46 0.25 0.28 0.43
Interest 8.15 3.96 7.02 10.64 13.94
Operating Expenses 42.7 54.17 77.59 77.47 117
Total Provisions 5.47 7.56 9.13 9.18 11.78
Exceptional Items 0 0 8.55 0.31 0.34
Profit Before Tax 23.29 44.15 67.5 35.58 86.99
Tax 5.53 9.39 13.43 9.35 21.16
Profit After Tax 17.76 34.75 54.07 26.23 65.84
Adjusted EPS (Rs.) 1.71 3.34 5.19 2.52 6.32

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 10.41 10.41 10.41 10.41 10.41
Total Reserves 114.13 146.74 197.18 221.87 283.13
Borrowings 0 0 0 0 43.25
Other N/C liabilities 0.45 0.39 1.5 1.15 0.68
Current liabilities 177.63 274.95 343.54 254.8 413.77
Total Liabilities 302.62 432.49 552.64 488.23 751.24
Assets
Loans 0 0 0 0 0
Net Block 9.4 8.9 9.63 13.86 14.53
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 21.28 22.83 29.42 22.52 15.82
Other Loans 0 0 0 0 0
Other N/C Assets 0 4.4 1.91 0 0
Current Assets 271.94 396.36 511.67 451.85 720.89
Total Assets 302.62 432.49 552.64 488.23 751.24
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 71.64 70.18 69.81 69.81 69.81
anvita jain 0.18 0.18 0.18 0.18 0.18
arpit jain 5.51 5.51 5.51 5.51 5.51
ashok kumar jain 32.21 32.21 32.21 32.21 32.21
kiran jain 22.71 22.71 22.71 22.71 22.71
meena jain 0.15 0.15 0.15 0.15 0.15
ratik jain 0.92 0.92 0.92 0.92 0.92
shruti jain 2.99 2.99 2.99 2.99 2.99
sunil kumar jain 5.14 5.14 5.14 - 5.14
sunil kumarjain - - - 5.14 -
kamal kumar jain 0.12 0.12 - - -
kamal kumar jain huf 0.25 0.25 - - -
swati jain 1.47 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 28.36 29.82 30.19 30.19 30.19
anuj anantrai sheth 3.89 3.89 3.89 3.89 3.89
investor education and pr... 1.45 - 1.50 - 1.50
investor education and pr... - 1.45 - 1.50 -
divya kothari - 1.17 - - -

Ratings & Research Reports

Company Presentations

Company News

Arihant Capital Mkt. - Quaterly Results 7 Nov, 2:05 PM Arihant Capital Mkt. - Quaterly Results 7 Nov, 2:05 PM Arihant Capital Mkt. - Quaterly Results 7 Nov, 2:05 PM Arihant Capital Markets informs about AGM and annual report 5 Sep, 12:20 PM Arihant Capital Markets informs about board meeting 20 Jul, 4:13 PM Arihant Capital Mkt. - Quaterly Results 20 Jul, 3:06 PM Arihant Capital Mkt. - Quaterly Results 20 Jul, 3:06 PM Arihant Capital Mkt. - Quaterly Results 20 Jul, 3:06 PM Arihant Capital Markets gets nod to divest 100% stake in Arihant Insurance Broking Services 21 Jun, 5:18 PM Arihant Capital Markets informs about board meeting 13 Jun, 5:30 PM Arihant Capital Markets informs about board meeting 13 Jun, 5:22 PM Arihant Capital Markets gets nod to acquire business of Get Prosper Capital 25 May, 3:43 PM Arihant Capital Mkt. - Quaterly Results 23 May, 1:48 PM Arihant Capital Mkt. - Quaterly Results 23 May, 1:48 PM Arihant Capital Mkt. - Quaterly Results 23 May, 1:48 PM Arihant Capital Markets submits board meeting intimation 22 May, 6:34 PM Arihant Capital Mkt. - Quaterly Results 21 May, 6:30 PM Arihant Capital Markets informs about board meeting 13 May, 4:10 PM Arihant Capital Mkt. - Quaterly Results 3 Feb, 2:51 PM Arihant Capital Mkt. - Quaterly Results 3 Feb, 2:51 PM Arihant Capital Mkt. - Quaterly Results 3 Feb, 2:51 PM Arihant Capital Markets informs about disclosures 2 Jan, 1:04 PM Arihant Capital Markets informs about closure of trading window 29 Sep, 4:49 PM Arihant Capital Markets informs about disclosure 25 Sep, 6:18 PM Arihant Capital Markets informs about disclosure 25 Sep, 2:31 PM Arihant Capital Markets informs about outcome of board meeting 16 Sep, 3:58 PM Arihant Capital Markets informs about disclosure 8 Sep, 2:21 PM Arihant Capital Markets informs about disclosure 25 Aug, 5:15 PM Arihant Capital Markets informs about disclosure 8 Aug, 12:23 PM Arihant Capital Markets informs about disclosure 4 Aug, 2:19 PM Arihant Capital Mkt. - Quaterly Results 22 Jul, 2:26 PM Arihant Capital Mkt. - Quaterly Results 22 Jul, 2:26 PM Arihant Capital Mkt. - Quaterly Results 22 Jul, 2:26 PM Arihant Capital Markets gets nod to raise fund upto Rs 100 crore through NCDs 16 Jun, 12:00 PM Arihant Capital Mkt. - Quaterly Results 20 May, 1:38 PM Arihant Capital Markets informs about compliances-certificate 6 Apr, 11:59 AM Arihant Capital Markets informs about disclosure 9 Mar, 2:01 PM Arihant Capital Markets looking to sell entire investment in subsidiary 9 Mar, 12:38 PM Arihant Capital Mkt. - Quaterly Results 31 Jan, 5:22 PM Arihant Capital Mkt. - Quaterly Results 31 Jan, 5:22 PM Arihant Capital Mkt. - Quaterly Results 31 Jan, 5:22 PM Arihant Capital Markets informs about newspaper advertisement 7 Dec, 4:29 PM Arihant Capital Markets entering into discount broking business 25 Oct, 12:15 PM Arihant Capital Mkt. - Quaterly Results 21 Oct, 5:20 PM Arihant Capital Mkt. - Quaterly Results 21 Oct, 5:20 PM Arihant Capital Markets informs about disclosure 12 Sep, 5:07 PM Arihant Capital Markets informs about newspaper clippings 23 Jul, 3:42 PM Arihant Capital Markets informs about outcome of board meeting 23 Jul, 3:05 PM Arihant Capital Mkt. - Quaterly Results 22 Jul, 5:46 PM Arihant Capital Mkt. - Quaterly Results 22 Jul, 5:46 PM

Arihant Capital Mkt. Stock Price Analysis and Quick Research Report. Is Arihant Capital Mkt. an attractive stock to invest in?

The financial services company caters to the financial and investing needs of their client. The broking industry in India comes under this sector and is a highly regulated industry in India. There are various regulations related to licensing, clearing and settlement, all of which affect the working of the company. These companies provide an online and offline services platform related to investing into the stock market, mutual funds, bonds, debentures & other financial instruments in order to achieve the financial goals of the clients.

These companies have to be a depository participant of either CDSL or NSDL. The broking industry also registers itself as a clearing member of NSE and BSE.

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Arihant Capital Mkt. stock price today is Rs 99.34. To understand the functions of the Arihant Capital Mkt. better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Arihant Capital Mkt. is Rs 65.8351 Cr and the compounded growth of profit in the past 3 years is 23.732245011484 %. The PAT margin of Arihant Capital Mkt. is 28.7571 %.
  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Arihant Capital Mkt. , the EPS grew by 151.0083 % YOY. 

 Financial Ratios –

  • Return on Equity (ROE): Arihant Capital Mkt. has a healthy ROE track record. The ROE of Arihant Capital Mkt. is at 25.0409 % for the latest year.
  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Arihant Capital Mkt. is worth at the current levels at Rs 99.34. Arihant Capital Mkt. is trading at a current P/E ratio of 8.6472 and the average historical P/E for the last 5 years was 9.37272154019934.
  • Share Price: - The current share price of Arihant Capital Mkt. is Rs 99.34. One can use valuation calculators of ticker to know if Arihant Capital Mkt. share price is undervalued or overvalued.
  • P/B ratio can be one of the best metrics to value such companies. Currently, Arihant Capital Mkt. is trading at a P/B of 3.0043 . The average historical P/B for the last 5 years was 1.81352435419448. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.
Last Updated on:
Brief about Arihant Capital Mkt.
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