Operates as a stockbroker registered with NSE and BSE, earning the bulk of its money from broking and related activities. For FY26, Broking & Related Activities brought in Rs 202.58 crore, or 97.3% of segment revenue, with an EBIT of Rs 59.08 crore. Financing Activities contributed Rs 5.52 crore, or 2.7%, with EBIT of Rs 4.38 crore. Beyond broking, the company has distribution, merchant banking and NBFC businesses housed in group entities that are being reorganised through a composite scheme of arrangement awaiting NCLT approval. Employee costs are the largest expense at 19.1% of revenue, followed by other operating expenses at 16.0% and depreciation at 1.7%. In Q1 FY27, standalone revenue was Rs 75.13 crore and net profit Rs 18.92 crore, with the broking segment alone posting Rs 76.95 crore of revenue and Rs 33.71 crore of segment profit. Promoters collectively hold 67.67% of the equity. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Broking & Related Activities (97%), Financing Activities (3%). Asset-light, broking-led capital market intermediary with a small financing book
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 170 | 138 | 235 | 247 | 206 |
| EBITDA (ex other income) | 71 | 50 | 105 | 100 | 66 |
| margin % | 42.0 | 36.2 | 44.7 | 40.2 | 32.2 |
| Owners' profit | 0 | 0 | 0 | 0 | 11 |
| EPS, as reported (₹) | 24.19 | 2.80 | 6.77 | 5.64 | 0.00 |
| ROE % · ROCE % | 22.0 · — | 11.3 · — | 21.9 · — | 15.3 · — | 7.1 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (17) | 15 | (30) | 32 | (122) |
| Capex | 0 | 0 | (3) | (17) | (4) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 76 | 52 | 46 | 51 | 57 | 49 | 49 | 78 |
| Profit before tax | 24 | 15 | 11 | 16 | 17 | 7 | 2 | 27 |
| Net profit | 20 | 12 | 8 | 13 | 13 | 5 | 1 | 21 |
| EPS (₹) | 1.92 | 1.18 | 0.74 | 1.22 | 1.26 | 0.49 | 0.00 | 1.96 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Broking & Related Activities | 96 | 46.3 |
| Financing Activities | 6 | 2.7 |
| Broking and Related Activities | 56 | 27.1 |
| Broking and related activities | 50 | 24.0 |
| Total, before eliminations | 208 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BILLIONBRAINS GARAGE VN L | 1,24,828 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Sept 2026 · Notice to shareholders on transfer of unclaimed shares to IEPF | compliance | minimal | — | — |
| 4 Sept 2026 · AGM notice published in newspapers; corrigendum filed | compliance | minimal | — | — |
| 3 Sept 2026 · Corrigendum issued to Annual Report for FY 2025-26 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Arihant Capital announces e-voting details for 34th AGM on Sep 26 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Final Dividend Rs 0.50 per share, record date Sept 19, 2026 | corporate actions | medium | — | — |
| 2 Sept 2026 · Notice of 34th AGM on September 26, 2026 with FY 2025-26 Annual Report | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Submission of Integrated Annual Report for FY 2025-26 and AGM Notice | results | high | — | — |
| 1 Sept 2026 · AGM on Sep 26, 2026; FY26 Annual Report submitted; PAT at Rs 31.46 cr | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Record date set for final dividend, AGM on September 26 | corporate actions | high | — | — |
| 20 Aug 2026 · Arihant Capital Markets appoints Sanjeev Jain as new CFO | management changes | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 50.3 |
| 12.93 |
| 42.5 |
| 21.6 |
| 28.9 |
| — |
| 67.8 |
| MOTILAL OSWAL FIN LTD | 61,810 | 31.2 | 4.77 | 14.5 | 14.5 | — | 20.9 | 57.7 |
| 360 ONE WAM LIMITED | 44,371 | 35.0 | 4.51 | 15.5 | 12.4 | — | 22.0 | 66.8 |
| NUVAMA WEALTH MANAGE LTD | 31,853 | 15.0 | 7.73 | 12.7 | 25.2 | — | — | 53.0 |
| ANGEL ONE LIMITED | 27,862 | 5.2 | 4.53 | 15.1 | 14.9 | — | 32.4 | 34.2 |
| IIFL CAPITAL SERVICES LTD | 10,617 | 18.4 | 3.46 | 9.9 | 18.4 | — | 25.1 | 50.0 |
| SHARE IND. SECURITIES LTD | 4,335 | 11.9 | 1.63 | 6.5 | 12.2 | — | 26.8 | 45.5 |
| ANAND RATHI SH N STK BR L | 3,101 | 19.5 | 2.30 | 10.1 | 9.6 | 11.5 | — | 31.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 21.4 | 15.4 | 25 of 37 | 33% |
| P/B | 2.0 | 1.8 | 22 of 40 | 46% |
| ROE | 7.1 | 9.6 | 24 of 40 | 41% |
| Debt / Equity | 0.0 | 0.0 | 1 of 40 | 36% |
| EBITDA margin | 45.6 | 31.2 | 15 of 39 | 63% |
| Revenue growth | 53.5 | 22.4 | 2 of 35 | 97% |
| Profit growth | 69.2 | 13.4 | 9 of 38 | 78% |
| Market cap | 871 | 507 | 18 of 42 | 59% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
