The shares of Smallcap stock, specialized in providing financial services, jumped upto 10 percent in the day’s trade upon declaring Q3 results with a 145 percent jump in Net profits.
Price action
With a market capitalization of Rs. 1,978.15 crores on Monday, the shares of Dam Capital Advisors Limited are up by 10 percent making a high of Rs. 314.50 per share compared to its previous closing price of Rs. 279.95 per share.
What Happened
Dam Capital Advisors Limited specializing in providing financial services has announced its Q3FY25 results
Its Total revenue grew by 132 percent YoY from Rs. 44.94 Crores in Q3FY24 to Rs. 103.98 Crores in Q3FY25 and it grew by 64.2 percent QoQ from Rs. 63.32 Crores in Q2FY25 to Rs. 103.98 Crores in Q3FY25.
Its Net Profit rose 145 percent YoY from Rs. 21.09 Crores in Q3FY24 to Rs. 51.51 Crores in Q3FY25 and it rose by 138 percent QoQ from Rs. 21.67 Crores in Q2FY25 to Rs. 51.51 Crores in Q3FY25.
The earnings per share (EPS) for the quarter stood at Rs. 7.29, compared to Rs. 3.06 in the previous quarter and Rs. 2.98 in the same quarter last year.
About the company
Dam Capital Advisors Ltd is a leading investment banking and financial services firm in India, offering a wide range of services such as equity and debt advisory, mergers and acquisitions (M&A), capital market solutions, and wealth management. The company assists businesses with strategic financial decisions, capital raising, and market entry.
Key Highlights (9MFY25)
The key highlights for the company include a total income of Rs. 214 crore, reflecting a 120 percent increase. Profit after tax (PAT) surged to Rs. 95 crore, marking a 154 percent growth.
The institutional equities segment generated revenue of Rs. 64 crore, up by 70 percent, while the merchant banking segment saw a revenue increase to Rs. 140 crore, a rise of 157 percent. The company achieved an impressive return on equity (RoE) of 60.9 percent.
Written by Sridhar J
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