Arihant Capital Markets Ltd

Arihant Capital Markets Ltd – Company Report


1. Company Overview


Arihant Capital Markets Ltd, incorporated in June 1992 and headquartered in India, is one of the country’s leading financial services companies and among the largest stock broking firms in Central India. An ISO 9001-certified organization, Arihant Capital is SEBI-registered as a stock broker, merchant banker, research analyst, and depository participant. The firm is a member of the BSE, NSE, MCX, and NCDEX, offering a broad suite of capital market solutions.

Founded by Mr. Ashok Jain, Arihant Capital has expanded its presence with over 800 investment centers in 200+ cities and 600+ offices, employing over 300 professionals. Its client base exceeds 200,000 individual and institutional clients, including retail investors, HNIs, corporates, funds, and government entities. With a “client first” philosophy, Arihant is recognized for innovation, transparency, and its consistent, profitable track record since inception. The company is listed on both BSE and NSE and was highlighted in Forbes Asia’s “200 Best Under a Billion” list.

  • Incorporated: June 1992
  • Headquarters: India (major operations in Mumbai and Indore)
  • Certifications: ISO 9001:2015
  • Network: 800+ investment centers, 600+ offices in 200+ cities
  • Employees: 300+
  • Clients: 200,000+ individuals and 1,000+ corporates

2. Products and Services


Arihant Capital Markets Ltd delivers a comprehensive platform of financial services and investment solutions, including:

  • Stock Broking and Trading:

    • Equity, derivatives, currency, and commodity broking
    • Online trading platform (web and mobile)
    • Depository participant services for CDSL and NSDL
  • Wealth & Portfolio Management:

    • Portfolio Management Services (PMS)
    • Equity research and advisory
    • Financial planning, asset allocation, and tax-efficient investing
  • Investment Banking & Corporate Services:

    • Merchant banking, investment banking, corporate advisory, and fundraising
    • Rights issue assistance, initial public offerings (IPO support), and compliance services
  • Mutual Funds & Alternative Investments:

    • Distribution and advisory for mutual funds, PMS, AIFs, bonds, and NPS
  • Third-party & Ancillary Solutions:

    • Insurance products (life, health, general), gold investment, government securities, and structured products
    • National Pension Scheme (NPS) advisory
    • Fixed income and debt products
  • Research & Institutional Desk:

    • Fundamental and technical research
    • Serves retail, HNI, institutional, and professional trading clients with investment ideas, model portfolios, and market intelligence
  • Additional Verticals:

    • Commodity and interest rate futures trading, corporate deposit services
    • International trading through IFSC unit in Gift City, Gujarat

Arihant Capital’s digital-first model enables clients to access investments across asset classes through intuitive platforms, backed by personalized advisory and robust customer support.


3. Recent News & Financial Performance


Recent Developments

  • Introduced technology upgrades to mobile and web platforms.
  • Expanded PMS and wealth management verticals.
  • Listed in Forbes Asia’s “200 Best Under a Billion” companies.
  • Recognized as Best Retail Brokerage (India) for 2021–2022 and Great Place to Work (2024–2025).
  • Appointed anchor institutional partner for several IPOs.
  • Expanded into international financial services via Gift City, Gujarat.

4. Financial Performance


Metric FY2025
Revenue from Operations ₹254 Cr
Operating Profit ₹100 Cr
Operating Profit Margin 40%
Net Profit ₹59 Cr
Net Profit Margin 24%
ROE 16%

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales3.841.97
EV / EBITDA6.617.28
Debt / Equity0.250.2
ROE %15.916.04
ROCE %20.8220.87
P / B2.472.11
Div Yld %0.551.34
P/E16.915.16
OPM %37.6219.54
Qtr Sales Growth YOY %-27.29-27.91
Qtr Profit Growth YOY %-68.78-125
ROA LAST 12M %7.177.67
Prom. Hold. %69.8164.9
Sales 3Yrs CAGR %13.3225.13
Sales 5Yrs CAGR %22.247.07
Profit 3Yrs CAGR %3.4542.59
Profit 5Yrs CAGR %26.2942.21

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