Synopsis:
A small-cap company’s shares rose over 12 percent in today’s trading session after announcing Q2 results.
A small-cap company that is an investment bank that provides financial advisory and solutions, is in the spotlight today after posting Q2FY26 results. Read the article below for detailed insights into its performance.
With a market capitalization of Rs. 1,943.09 crore, the shares of Dam Capital Advisors Limited were trading at Rs. 273.27, up by 7.30 percent from its previous closing price of Rs. 254.68. In today’s trading session it has touched an intraday high of Rs. 286, implying an upside of 12.22 percent from previous close price.
Q2FY26 Results
Dam Capital Advisors Limited reported Rs. 107.05 crore in revenue for the second quarter of FY26, a 69.06 percent increase over the Rs. 63.32 crore for the same period in FY25. It increased by 246.74 percent as compared to Rs. 30.88 crore in Q1 FY26.
The company’s EBITDA for Q2 FY26 stood at Rs. 75.9 crore, up by 1,158.05 percent from Rs. 6.03 crore in Q1 FY26, and rose by 124.14 percent from Rs. 33.86 crore in Q2 FY25.
The consolidated net profit for the second quarter of FY26 was Rs. 52.15 crore, which was 22,574 percent higher than the Rs. 0.23 crore reported in the previous quarter and increased by 140.7 percent from Rs. 21.67 crore in Q2 FY25. Profit growth was also reflected in earnings per share (EPS), which increased to approximately Rs. 51.96 in Q2 FY26 from Rs. 0.17 in Q1 FY26 and Rs. 21.30 in Q2 FY25.
Operational Highlights
Deal Highlights
During H1 FY26, DAM Capital executed 17 transactions, including 9 IPOs, 2 QIPs, 1 OFS, 1 Preferential Issue, 1 Buyback, and several Block Deals across sectors. Between November 2019 and September 2025, the firm completed 92 transactions comprising 39 IPOs, 21 QIPs, 8 Preferential Issues, and 7 OFS. In Q2 FY26 alone, it raised Rs. 13,695 crore, capturing an 18 percent share of the IPO market by issue count, with 9 out of 50 IPOs handled and 4 led as Left Lead Banker—reaffirming its leadership in equity capital markets.
Mandate Pipeline
The firm has 21 IPOs in its pipeline, with 3 new additions in Q2 FY26. Of these, 13 IPOs are as Left Lead Banker, including 7 as Sole Banker, underscoring DAM Capital’s strong market positioning and client trust.
Institutional Equities
The broking segment saw an increase in active institutional clients to 296 as of September 30, 2025, compared to 277 at the end of FY25. The research team expanded coverage to 210 stocks across 24 sectors, backed by 33 experienced analysts averaging over 14 years of expertise. The firm also strengthened client engagement through thematic roadshows, corporate access programs, and three investor conferences during the quarter.
Management View
According to Dharmesh Mehta, Managing Director & CEO, Q2 FY26 was a landmark quarter for DAM Capital, marking its highest-ever performance amid a rebound in capital market activity. He highlighted that strong client trust and selective mandate execution helped build a robust pipeline of 21 IPOs and multiple QIPs. While institutional equities revenue declined due to lower market volumes and fewer block deals, the firm strengthened its leadership with the appointment of Ajay Malik as Head of M&A and Private Financing and expanded its presence with a new office in Ahmedabad. Emphasizing a long-term approach over quarterly volatility, he reaffirmed DAM Capital’s focus on client-centric execution and growth across business verticals.
About the company
DAM Capital Advisors Limited is a leading Indian investment bank providing comprehensive capital market services, including equity capital markets, M&A, private equity advisory, structured finance, research, and institutional broking. The firm leverages strong expertise, execution capability, and governance to serve corporates, investors, and financial institutions.
A return on equity (ROE) of about 48.7 percent, a return on capital employed (ROCE) of about 64.1 percent and debt to equity ratio at 0.01 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 17.3x which is similar as compared to its industry P/E 17.2x.
Shareholding Pattern
As of September 2025, the company’s shareholding pattern shows that promoters hold 40 percent of the total equity, indicating strong promoter ownership. Foreign Institutional Investors (FIIs) hold 1.76 percent, while Domestic Institutional Investors (DIIs) own 10.35 percent. The public shareholding stands at 47.89 percent, reflecting a healthy level of retail participation in the company.
Written By Akshay Sanghavi
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
