Capital Markets company DAM Capital Advisors announced Q2FY26 results Total Income: Rs 107 crore compared to Rs 63 crore during Q2FY25, change 69.1%. PAT: Rs 52 crore compared to Rs 22 crore during Q2FY25, change 140.7%. PAT Margin: 48.7% for Q2FY26. Dharmesh Mehta, Managing Director & CEO, said: “Q2FY26 was a landmark quarter for DAM Capital— our highest-ever performance—as capital market activity rebounded. The revival in India’s primary markets has created favourable conditions for issuances. The successful closure of marquee transactions underscores the deep trust our clients place in our expertise and execution capabilities. We continue to be selective—prioritising mandates with strong fundamentals and a credible management track record. This disciplined approach helped us build a pipeline of 21 IPOs, multiple QIPs and advisory mandates, positioning us to capitalise on the opportunities ahead. Our Institutional Equities business has reported lower revenues in H1FY26. This performance was primarily driven by two factors — a ~20% decline in the market’s overall cash trading volumes (H1FY26 vs H1FY25) and a reduction in block deals in the current half. As our platform continues to mature, we have strengthened our leadership at the firm level by appointing Ajay Malik as Head of Mergers & Acquisitions and Private Financing. We have established an office in Ahmedabad to cover the Gujarat region, further strengthening our pan-India presence—with offices now in Mumbai, Delhi and Ahmedabad. Given the firm’s long-term focus, our business should not be judged quarter to quarter, given inherent market volatility. Our H1FY26 performance validates our client-first approach, deep sector expertise and impeccable execution capabilities. As we enter H2FY26, our focus remains on strengthening our platform across products and delivering on existing mandates.” Result PDF