Aryaman Capital Markets Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing varied performance across different time periods. The Board of Directors approved these results in their meeting held on February 12, 2026, marking the company's first quarterly disclosure following its migration to BSE's Main Board.

Quarterly Financial Performance

The company's Q3FY26 performance showed a decline compared to the same quarter in the previous year. Key financial metrics demonstrate the challenges faced during this period.

The revenue from operations declined significantly to ₹1,544.13 lakhs in Q3FY26 from ₹2,380.43 lakhs in Q3FY24. Other income remained relatively stable at ₹67.94 lakhs compared to ₹80.92 lakhs in the previous year's corresponding quarter.

Nine-Month Performance Analysis

The nine-month results present a more positive picture, with the company demonstrating growth in profitability compared to the same period last year.

For the nine months ended December 31, 2025, revenue from operations increased to ₹5,159.45 lakhs from ₹4,811.90 lakhs in the corresponding period of FY25. The net profit showed substantial improvement, rising to ₹2,347.76 lakhs from ₹1,739.26 lakhs, representing a growth of 34.99%.

Expense Management and Operational Efficiency

The company's expense structure varied significantly between quarters, impacting overall profitability. Total expenses for Q3FY26 stood at ₹850.95 lakhs compared to ₹1,083.94 lakhs in Q3FY24. Notable expense categories included:

• Purchase of Stock-in-trade: ₹186.97 lakhs (Q3FY26) vs ₹749.22 lakhs (Q3FY24)
• Changes in inventories: ₹646.95 lakhs (Q3FY26) vs ₹216.37 lakhs (Q3FY24)
• Finance Costs: ₹0.83 lakhs (Q3FY26) vs ₹92.56 lakhs (Q3FY24)
• Employee Benefit Expenses: ₹8.37 lakhs (Q3FY26) vs ₹16.54 lakhs (Q3FY24)

Corporate Milestone and Regulatory Compliance

A significant development for Aryaman Capital Markets was its successful migration from BSE's SME Board to the Main Board during the current financial year. This transition represents an important milestone in the company's growth trajectory and enhances its market standing.

The migration to the Main Board requires the company to prepare and present quarterly financial results, marking a shift from the previous half-yearly reporting requirement under SME Board listing. The results have been subjected to limited review by statutory auditors V.N. Purohit & Co., Chartered Accountants, ensuring compliance with regulatory standards.

Financial Position and Shareholder Returns

The company maintained consistent equity share capital of ₹1,197.71 lakhs with a face value of ₹10.00 per share throughout the reporting periods. Basic and diluted earnings per share for Q3FY26 stood at ₹4.78, reflecting the impact of reduced profitability during the quarter. However, the nine-month EPS of ₹19.60 demonstrates stronger overall performance for the extended period, indicating the company's ability to generate substantial returns for shareholders despite quarterly fluctuations.

Aryaman Capital Markets Limited , a key player in the Indian financial services sector, has announced its unaudited financial results for the quarter ended September 30, 2025, showcasing a remarkable surge in profitability despite a decrease in revenue.

Financial Highlights

The company reported a significant increase in net profit for the quarter, rising to ₹15.30 crore from ₹6.23 crore in the previous quarter, marking a substantial 145.60% quarter-on-quarter growth. This impressive profit growth comes despite a decrease in total revenue from operations, which stood at ₹1.43 crore compared to ₹2.57 crore in the June 2025 quarter.

Balance Sheet Strength

As of September 30, 2025, Aryaman Capital Markets' total assets stood at ₹11,004.13 crore, up from ₹10,610.98 crore at the end of the previous quarter, indicating a 3.70% increase. The company's cash and cash equivalents position improved to ₹240.37 crore from ₹178.36 crore, showing a 34.77% increase in liquidity.

Operational Performance

The company's financial results reflect a strong operational performance, with a significant improvement in profitability despite lower revenues. This suggests effective cost management and potentially higher-margin activities during the quarter.

Board Approval and Regulatory Compliance

The Board of Directors of Aryaman Capital Markets Limited approved these results in their meeting held on November 12, 2025. The company has duly submitted its unaudited financial results in compliance with the Securities and Exchange Board of India (SEBI) regulations.

Market Position

Aryaman Capital Markets Limited continues to strengthen its position in the financial services sector. The company's ability to significantly increase profits in a quarter with reduced revenue demonstrates its adaptability and efficient operations in the dynamic Indian financial market.

Investor Implications

The substantial increase in net profit, coupled with improved liquidity and asset growth, may be viewed positively by investors. However, the decrease in revenue could warrant attention to the company's future growth strategies and revenue diversification efforts.

As Aryaman Capital Markets Limited navigates the evolving financial landscape, its performance in the coming quarters will be crucial in determining its long-term growth trajectory and market position.