DAM Capital Advisors, one of India’s fastest-growing merchant banks, today announced its audited financial results for the quarter and fiscal year ended March 31, 2025.

DAM Capital has been diligently building a differentiated franchise - anchored in high-quality investment banking execution, expanding research depth, and a growing institutional broking business.

Dharmesh Mehta, Managing Director and CEO, said “FY2025 was a strong year of execution for us with our overall Income and PAT growing by 37.5% and 47.1% respectively. It was a landmark year as we accomplished a key milestone of our successful listing.

Q4FY25 saw market volatility given global economic uncertainty around tariffs, and several capital market transactions shifted from Q4 FY25 to FY26. While Q4 was impacted, our deal pipeline continues to get stronger — we are already mandated for 24 IPOs in FY26 and continue to win more mandates. We are also steadily scaling up our Institutional Equities business, now covering 197 stocks across 23 sectors. We have increased our Active Clientele to 277 expanding across Geographies.

As we look ahead, our focus remains on mandates with high-fee potential and continue to prowess our strong execution track-record. With India's capital markets growing rapidly, we believe we are well-positioned to scale and expand our market share”