DAM Capital Advisors
Leading financial services firm DAM Capital Advisors Ltd has delivered a stellar performance in Q3, reporting 132% growth in total income as compared to ₹45 crore in the same period last year. The company’s net profit increased almost 2.5 times to ₹52 crore from ₹21 crore in Q3 FY24.
This impressive growth is due to the merchant banking and institutional equities businesses, which grew 168% and 52% respectively. The company improved its return on equity, rising to 60.9% from 45% last year.
Q3 stock performance: A bumpy ride
DAM Capital’s stock closed strong at ₹302.35 on January 27, 2025. An increase of 8.02% from the previous close of ₹279.85. It touched an intraday high of ₹314.75 (up 12.47%), representing a gain of 4.77%, reaching the mid-point at ₹293.20. The market cap of the company currently stands at ₹2,072.51 crore.
However, minor challenges remain. Over the past week, the stock has declined 15.3%, and over the past month, it has dropped 32.6%, reflecting a volatile period for the stock.
Major achievements in FY25
In the first nine months of FY25, DAM Capital played a key role in raising ₹20,000 crore through 17 transactions including IPOs and QIPS. The firm’s ability to secure these deals underscores its expertise in navigating complex financial markets.
DAM Capital merchant banking division contributed ₹80 crore to revenues in the quarter, while institutional equities. Bring it to Rs 20 crore. These figures highlight the company’s diversified and robust business model.
A look at Dam Capital’s shareholding pattern
As of December 2024, the shareholding distribution of Dam Capital Advisors Limited was as follows:
- Promoter: 40%
- Financial: 4.80%
- Diva: 14.80%
- Public: 40.40%
About Dam Capital Advisors
DAM Capital is a leading investment bank providing services such as investment banking, equity capital markets, M&A, private equity, structured finance and institutional equity. Since November 2019, the firm has executed 72 ECM transactions and 23 advisory deals, strengthening its position as a leading player in the financial services industry.
Recent Key Highlights
In December 2024, DAM Capital listed on the NSE and debuted at ₹ 392.90, up 38.87% from the issue price of ₹ 283 on the BSE. This strong start reflects the market’s confidence in the company despite recent volatility in share performance.
Conclusion
DAM Capital’s impressive Q3 results underline its strength and long-term growth potential. With strong earnings growth, a diversified business model and significant capital raising activity, the company remains a strong contender to transform financial services, even weathering short-term market challenges.
Also Read: DAM Capital Share Price Target