Aryaman Capital Markets FY26 Net Profit Rises 21% to ₹2,779.35 Lakh; Q4 Revenue at 76M Rupees
Aryaman Capital Markets reported Q4 net profit of 43M rupees versus 53M rupees in the year-ago quarter, with Q4 revenue at 76M rupees against 257M rupees YoY. For FY26, net profit grew 21% to ₹2,779.35 lakh despite a decline in total income to ₹6,156.78 lakh, supported by a sharp reduction in total expenses to ₹2,842.61 lakh. Total assets stood at ₹11,813.19 lakh with borrowings fully repaid and investments rising to ₹8,246.67 lakh.

*this image is generated using AI for illustrative purposes only.
Aryaman Capital Markets Limited announced its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 18, 2026. The company reported a net profit of ₹2,779.35 lakh for FY26, marking a 21% increase compared to ₹2,293.11 lakh in the previous year, reflecting improved profitability despite a decline in total income.
Financial Performance
For the quarter ended March 31, 2026, the company recorded a net profit of 43M rupees, compared to 53M rupees in the same quarter of the prior year. Q4 revenue stood at 76M rupees, against 257M rupees in the year-ago period. Total income for the quarter stood at ₹806.51 lakh, while revenue from operations was ₹768.59 lakh. For the full year, total income decreased to ₹6,156.78 lakh from ₹7,733.62 lakh in the prior year, primarily due to lower revenue from operations which fell to ₹5,908.13 lakh from ₹7,459.11 lakh. However, a significant reduction in total expenses — from ₹5,040.08 lakh to ₹2,842.61 lakh — supported the improvement in net profitability.
The following table summarises key financial metrics across periods:
| Metric: | Quarter Ended Mar 31, 2026 (₹ in lacs) | Year Ended Mar 31, 2026 (₹ in lacs) | Year Ended Mar 31, 2025 (₹ in lacs) |
|---|---|---|---|
| Revenue from Operations | 768.59 | 5,908.13 | 7,459.11 |
| Other Income | 37.92 | 248.65 | 274.51 |
| Total Income | 806.51 | 6,156.78 | 7,733.62 |
| Total Expenses | 387.67 | 2,842.61 | 5,040.08 |
| Profit Before Tax | 418.84 | 3,314.17 | 2,693.54 |
| Net Profit | 431.59 | 2,779.35 | 2,293.11 |
| Other Comprehensive Income (Net of Tax) | 187.32 | 293.47 | 1,330.36 |
| Total Comprehensive Income | 618.91 | 3,072.81 | 3,623.47 |
| Earnings Per Share – Basic (₹) | 3.60 | 23.21 | 19.15 |
| Earnings Per Share – Diluted (₹) | 3.60 | 23.21 | 19.15 |
Balance Sheet Highlights
As of March 31, 2026, the company's total assets stood at ₹11,813.19 lakh, compared to ₹11,610.98 lakh in the previous year. Investments rose significantly to ₹8,246.67 lakh from ₹4,704.97 lakh, while cash and cash equivalents declined to ₹2,510.00 lakh from ₹5,006.69 lakh. Inventories (Stock in Trade) were nil as of March 31, 2026, compared to ₹1,573.54 lakh in the prior year. On the liabilities side, borrowings were fully repaid, reducing to nil from ₹2,801.72 lakh, and other equity increased to ₹9,613.31 lakh from ₹6,540.51 lakh.
| Particulars: | Mar 31, 2026 (₹ in lacs) | Mar 31, 2025 (₹ in lacs) |
|---|---|---|
| Cash and Cash Equivalents | 2,510.00 | 5,006.69 |
| Trade Receivables | 22.06 | 22.41 |
| Investments | 8,246.67 | 4,704.97 |
| Other Financial Assets | 847.42 | 131.15 |
| Inventories (Stock in Trade) | - | 1,573.54 |
| Property, Plant & Equipment | 148.70 | 134.76 |
| Total Assets | 11,813.19 | 11,610.98 |
| Trade Payables | 106.93 | 127.43 |
| Borrowings | - | 2,801.72 |
| Equity Share Capital | 1,197.71 | 1,197.71 |
| Other Equity | 9,613.31 | 6,540.51 |
| Total Equity and Liabilities | 11,813.19 | 11,610.98 |
Cash Flow Summary
For the year ended March 31, 2026, the company generated net cash flow from operating activities of ₹3,376.14 lakh, up from ₹2,787.96 lakh in the prior year, driven by higher operating profit and a reduction in inventories. Net cash used in investing activities was ₹2,980.64 lakh, largely on account of net investment purchases of ₹3,199.47 lakh. Financing activities resulted in a net outflow of ₹2,892.19 lakh, primarily due to full repayment of borrowings of ₹2,801.72 lakh. The net cash flow during the period was ₹(2,496.68) lakh, bringing closing cash and cash equivalents to ₹2,510.00 lakh from an opening balance of ₹5,006.69 lakh.
| Cash Flow Activity: | FY26 (₹ in lacs) | FY25 (₹ in lacs) |
|---|---|---|
| Net Cash from Operating Activities | 3,376.14 | 2,787.96 |
| Net Cash from Investing Activities | (2,980.64) | (254.01) |
| Net Cash from Financing Activities | (2,892.19) | (2,184.14) |
| Net Cash Flow During the Period | (2,496.68) | 349.81 |
| Closing Cash and Cash Equivalents | 2,510.00 | 5,006.69 |
Board Decisions
In addition to the financial results, the board approved several key decisions. Mr. Shreyas Shah was appointed as Designated Director pursuant to the provisions of the Prevention of Money-Laundering Act, 2002. M/s. KKM & Associates, Chartered Accountants (Firm Registration Number 016971S, based in Mumbai), was appointed as the Internal Auditor of the company for FY 2026-27 and FY 2027-28, effective May 18, 2026, in compliance with Section 138 of the Companies Act, 2013. The auditor's report for the financial results carries an unmodified opinion, as confirmed by the Company Secretary and Compliance Officer. The trading window for dealing in the company's securities will reopen 48 hours after the outcome of the board meeting is declared to the stock exchanges.
Historical Stock Returns for Aryaman Capital Markets
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -0.07% | -9.23% | -21.12% | +22.41% | +880.46% |
How will Aryaman Capital Markets deploy its significantly expanded investment portfolio of ₹8,246.67 lakh, and what sectors or asset classes are being targeted to sustain profitability amid declining operating revenues?
With borrowings fully repaid and a debt-free balance sheet, is Aryaman Capital Markets likely to pursue acquisitions, expand its capital markets business, or return capital to shareholders through dividends or buybacks in FY27?
Given the sharp 21% revenue decline from operations in FY26, what strategic initiatives is the company planning to reverse the revenue contraction and drive top-line growth in the coming fiscal year?































