Arihant Capital FY26 Net Profit Falls 46% to ₹3,146 Lakh
Arihant Capital Markets Limited announced its audited financial results for the quarter and year ended March 31, 2026, reporting a consolidated net profit of ₹3,146.25 lakh for FY26, a decrease from ₹5,870.28 lakh in the previous year. Q4 net profit fell to ₹49.83 lakh from ₹770.13 lakh, while revenue increased to ₹4,904.28 lakh. The board recommended a 50% dividend and accepted the resignation of the CFO.

*this image is generated using AI for illustrative purposes only.
Arihant Capital Markets Limited announced its audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The company reported a consolidated net profit of ₹49.83 lakh for the quarter ended March 31, 2026, compared to ₹770.13 lakh in the corresponding period of the previous year. Q4 consolidated revenue came in at ₹4,904.28 lakh, up from ₹4,634.00 lakh in the same period last year. For the full fiscal year, the consolidated net profit stood at ₹3,146.25 lakh, a significant decrease from ₹5,870.28 lakh recorded in the previous year.
Total income for the year ended March 31, 2026, was ₹20,638.92 lakh, down from ₹24,801.08 lakh in the prior year. The total expenditure for the year was reported at ₹16,453.27 lakh. The board of directors has recommended a dividend of 50%, amounting to ₹0.50 per equity share on a face value of ₹1 each, for the financial year 2025-26. This dividend is subject to the approval of shareholders at the upcoming Annual General Meeting.
Financial Performance
The company's standalone net profit for the year ended March 31, 2026, was ₹3,261.72 lakh, compared to ₹5,298.41 lakh in the previous year. Total income on a standalone basis was ₹20,495.31 lakh for FY26, against ₹24,204.75 lakh in FY25. The board noted that the statutory auditors issued an unmodified opinion on the annual audited standalone and consolidated financial results. The following table summarises the key financial metrics across both consolidated and standalone bases:
| Metric | FY26 (₹ in Lacs) | FY25 (₹ in Lacs) |
|---|---|---|
| Consolidated Net Profit | 3,146.25 | 5,870.28 |
| Consolidated Total Income | 20,638.92 | 24,801.08 |
| Standalone Net Profit | 3,261.72 | 5,298.41 |
| Standalone Total Income | 20,495.31 | 24,204.75 |
Q4 Performance
On a quarterly basis, the company's performance reflected continued pressure on profitability alongside a modest improvement in revenue. The table below presents the Q4 year-on-year comparison:
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Consolidated Net Profit | 49.83 | 770.13 |
| Consolidated Revenue | 4,904.28 | 4,634.00 |
Corporate Developments
The board accepted the resignation of Chief Financial Officer Uttam Maheshwari, effective from the close of business hours on May 31, 2026. Additionally, the board approved the shifting of the registered office within local limits from 601, Atlantis Tower to 603, Atlantis Tower, Plot No. 13-A, Scheme No. 78, Indore, Madhya Pradesh. This change is subject to requisite filings with the Registrar of Companies and other statutory authorities. The meeting of the board commenced at 4:00 PM and concluded at 5:50 PM on May 21, 2026, with the financial results reviewed by the audit committee and subsequently approved by the board.
Pursuant to Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company intimated the exchanges that newspaper advertisements containing the audited financial results were published in Choutha Sansar (Hindi Edition) and Free Press (English Edition) on May 22, 2026. The intimation was signed by Company Secretary Mahesh Pancholi.
Historical Stock Returns for Arihant Capital Markets
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.73% | -2.92% | -5.82% | -30.46% | -4.42% | +169.50% |
Who will be appointed as the new CFO following Uttam Maheshwari's resignation, and how might the leadership transition impact Arihant Capital's financial strategy going forward?
Given the ~46% decline in consolidated net profit for FY26, what cost rationalization or revenue diversification measures is Arihant Capital likely to implement to restore profitability in FY27?
How does Arihant Capital's decision to maintain a 50% dividend payout despite a significant earnings decline reflect on its capital allocation priorities and balance sheet sustainability?


































