DAM Capital Advisors Limited - Financial Results for the Quarter and Year Ended March 31, 2026

DAM Capital Advisors Limited (BSE: 544316, NSE: DAMCAPITAL) announced its audited financial results for the quarter and year ended March 31, 2026.

Operational Highlights

Deal Highlights

- Executed 18 ECM transactions and 1 M&A advisory in FY26, raising over INR 19,000 crore.

- Achieved a 10% market share in IPOs by number, in FY26.

- Executed 96 ECM transactions from November 2019 to March 2026 (raising over INR 1,60,000 crore), comprising 41 IPOs (incl. ReIT), 22 QIPs, 9 Buyback, 8 Preferential Issues, 7 OFS, 5 Rights Issue and 4 Open Offer, demonstrating sustained execution capabilities across products and market cycles.

Mandate Pipeline

- 25 IPOs currently in the pipeline, with 4 new IPO mandates added in Q4 FY26, reflecting sustained client traction.

- 13 IPOs as Left Lead Banker, including 6 Sole Banker IPOs, reinforcing DAM Capital's strong franchise and leadership in equity capital markets.

Institutional Equities

- Broking: Total active institutional clients stood at 298 as of March 31, 2026.

- Research: Coverage spans 187 stocks across 21 sectors, supporting a differentiated, research-led institutional equities platform.

- Continued client engagement through conferences, thematic roadshows and corporate access initiatives.

Financial Highlights

- Total Income stood at INR 29.3 crore for the quarter (down 20.1% y-o-y) and INR 237 crore for the year ended FY26 (down 5.2% y-o-y).

- Revenue from Merchant Banking stood at INR 7.4 crore for the quarter (down 52.4% yo-y) and INR 151 crore for the year ended FY26 (down 2.6% y-o-y).

- Revenue from Broking stood at INR 17.7 crore for the quarter (up 1.3% y-o-y) and INR 71 crore for the year ended FY26 (down 12.8% y-o-y).

- Profit After Tax stood at INR 0.2 crore for the quarter (down 97.1% y-o-y) and INR 73 crore for the year ended FY26 (down 30.0% y-o-y).

- Return on equity stood at 24.4%.

- The Board has recommended a dividend of 50% (Re 1 per equity share of face value Rs 2 each), subject to shareholder approval.

- Net cash available as on March 31, 2026, stood at INR 311 crore vs INR 242 crore as on March 31, 2025.

Dharmesh Mehta, Managing Director & CEO, said: "In FY26, the capital markets environment was challenging amid the global tariff concerns, heightened geopolitical tensions and the on-going war related uncertainties, which resulted in elevated market volatility and cautious investor sentiment. Fund-raising activity across the market remained muted, with IPO launches in the last quarter of FY26 at one of the lowest levels seen in recent periods, reflecting the broader slowdown in the equity capital markets activity.

Our Institutional Equities business also got impacted due to market volatility. We continue our efforts to scale up the business and increase our market share, driven by strong client relationships and depth of research, to deliver consistent value across segments.

During the quarter, we won several large marquee mandates, which further reinforces our leadership position in the Indian capital markets ecosystem. We also continue to maintain a robust pipeline of 25 IPO mandates and several QIP and advisory transactions, providing strong visibility for future growth once market conditions improve.

Looking ahead, we continue to explore avenues to diversify our revenue streams by expanding into additional fee-based businesses. This initiative is intended to complement our existing capital markets and institutional equities platforms, creating sustainable, longterm growth while maintaining a disciplined approach to capital allocation.

Due to the inherently cyclical and volatile nature of capital markets, our business performance is best evaluated over a long-term investment horizon, rather than on a quarter-to-quarter basis. With a strong pipeline, diversified platform and disciplined execution approach, we remain agile and well-positioned to capitalize on opportunities across both private and public markets as the fund-raising environment gradually improves."

Shares of DAM Capital Advisors Limited was last trading in BSE at Rs. 160.85 as compared to the previous close of Rs. 154.15. The total number of shares traded during the day was 410075 in over 4787 trades.

The stock hit an intraday high of Rs. 174.75 and intraday low of 153.70. The net turnover during the day was Rs. 68372569.00.

Source : Equity Bulls

Keywords

DAMCapitalAdvisors INE284H01025 Stockbroking Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate