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Arihant Capital Q3 Net Profit Drops 57.7% YoY to ₹5.18 Cr; Re-appoints Joint MD
Arihant Capital Markets reported a weak set of results for Q3 FY26, with consolidated net profit declining 57.7% YoY to ₹5.18 crore. Total revenue from operations contracted by 5.3% YoY to ₹49.17 crore, primarily due to a dip in fees and commission income. The company's core broking segment saw revenue fall to ₹48.17 crore from ₹51.09 crore in the same period last year. Additionally, the board approved the re-appointment of Mr. Arpit Jain as Joint Managing Director for a term of over four years.
Key Highlights
Consolidated Net Profit fell 57.7% YoY to ₹517.80 Lacs in Q3 FY26 compared to ₹1,225.41 Lacs in Q3 FY25.
Total Revenue from Operations decreased 5.3% YoY to ₹4,904.57 Lacs from ₹5,178.82 Lacs.
Fees & Commission Income dropped to ₹2,863.56 Lacs from ₹2,989.07 Lacs in the year-ago quarter.
Basic Earnings Per Share (EPS) declined significantly to ₹0.49 from ₹1.18 YoY.
Board approved the re-appointment of Mr. Arpit Jain as Joint Managing Director for 4 years and 5 months.
💼 Action for Investors
The sharp decline in both top-line and bottom-line performance suggests significant margin pressure in the broking business; investors should remain cautious. Monitor the progress of the proposed Composite Scheme of Arrangement for any potential structural impact on shareholder value.
Arihant Capital Q3 Net Profit Slumps 57.7% YoY to ₹5.18 Cr; Re-appoints JMD Arpit Jain
Arihant Capital Markets reported a weak set of numbers for Q3 FY26, with consolidated net profit falling 57.7% YoY to ₹5.18 crore. Total revenue from operations declined to ₹49.17 crore from ₹51.95 crore in the year-ago period, largely driven by a dip in fee and commission income. Profitability was further impacted by a sharp rise in administrative expenses and a one-time provision of ₹39.37 lakhs for new labour codes. Additionally, the board approved the re-appointment of Arpit Jain as Joint Managing Director for a term of over four years.
Key Highlights
Consolidated Net Profit fell 57.7% YoY to ₹517.80 Lacs from ₹1,225.41 Lacs.
Total Revenue from operations decreased to ₹4,917.28 Lacs compared to ₹5,194.73 Lacs in Q3 FY25.
Fees & Commission income, the largest revenue segment, dropped to ₹2,863.56 Lacs from ₹2,989.07 Lacs YoY.
Administrative and other expenditures rose significantly to ₹1,076.32 Lacs from ₹828.56 Lacs YoY.
Board approved the re-appointment of Mr. Arpit Jain as Joint Managing Director for 4 years and 5 months.
💼 Action for Investors
Investors should exercise caution given the significant decline in both top-line and bottom-line performance during the quarter. The focus should remain on the company's ability to stabilize core commission income and the eventual outcome of the pending Composite Scheme of Arrangement.
Arihant Capital Gets NSE/BSE Approval for 50 Lakh Shares via Warrant Conversion
Arihant Capital Markets Limited has received in-principle approval from both BSE and NSE for the issuance of 50,00,000 equity shares. These shares are being issued to the promoter category following the conversion of warrants previously allotted on a preferential basis. The shares have a face value of Re. 1 each and will be listed upon confirmation of credit from the depositories. This move indicates a strengthening of the promoter's stake and long-term commitment to the company.
Key Highlights
In-principle approval received for 50,00,000 equity shares from BSE and NSE.
Shares are being issued to the promoter category upon conversion of warrants.
The equity shares carry a face value of Re. 1 per share.
Distinctive numbers for the new shares range from 104612801 to 109612800.
Final listing is subject to credit confirmation from NSDL and CDSL.
💼 Action for Investors
Promoter warrant conversion is generally a positive signal of confidence in the company's future. Investors should monitor the impact on Earnings Per Share (EPS) due to the increase in the total number of outstanding shares.