Arihant Institute Ltd

Arihant Institute Ltd

₹ 1.56 4.70%
13 Dec 2021
  • Market Cap 1.47 Cr.
  • Current Price 1.56
  • High / Low /
  • Stock P/E 73.5
  • Book Value 14.4
  • Dividend Yield 0.00 %
  • ROCE 0.15 %
  • ROE 0.15 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.11 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 31.7%
  • Company has a low return on equity of 0.32% over last 3 years.
  • Company has high debtors of 43,618 days.
  • Working capital days have increased from 24,340 days to 38,508 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Half Yearly Results

Figures in Rs. Crores

Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Sep 2025
0.06 0.03 0.00 0.01 0.00 0.06 0.03 0.05 0.03 0.03 0.03
0.04 0.03 0.00 0.00 0.00 0.01 0.02 0.24 0.08 0.02 0.01
Operating Profit 0.02 0.00 0.00 0.01 0.00 0.05 0.01 -0.19 -0.05 0.01 0.02
OPM % 33.33% 0.00% 100.00% 83.33% 33.33% -380.00% -166.67% 33.33% 66.67%
0.00 0.00 0.00 0.00 0.00 0.01 0.08 0.25 0.10 0.03 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00
Depreciation 0.07 0.08 0.04 0.06 0.10 0.05 0.10 0.05 0.04 0.02 0.02
Profit before tax -0.05 -0.08 -0.04 -0.05 -0.10 0.01 -0.01 0.01 0.01 0.01 0.01
Tax % -40.00% 0.00% 0.00% 0.00% -30.00% 0.00% 0.00% 0.00% -100.00% 0.00% 0.00%
-0.03 -0.08 -0.05 -0.05 -0.07 0.01 -0.01 0.00 0.02 0.01 0.00
EPS in Rs -0.03 -0.09 -0.05 -0.05 -0.07 0.01 -0.01 0.00 0.02 0.01 0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
6.10 3.86 1.67 1.69 1.82 1.75 0.57 0.03 0.01 0.09 0.08 0.04
6.86 3.01 2.53 1.16 1.43 1.44 0.40 0.03 0.00 0.03 0.27 0.02
Operating Profit -0.76 0.85 -0.86 0.53 0.39 0.31 0.17 0.00 0.01 0.06 -0.19 0.02
OPM % -12.46% 22.02% -51.50% 31.36% 21.43% 17.71% 29.82% 0.00% 100.00% 66.67% -237.50% 50.00%
-0.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.30 0.05
Interest 0.49 0.64 0.43 0.24 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.01
Depreciation 0.17 0.18 0.18 0.18 0.17 0.12 0.13 0.13 0.16 0.15 0.09 0.05
Profit before tax -1.73 0.03 -1.47 0.11 0.19 0.18 0.04 -0.13 -0.15 0.00 0.02 0.01
Tax % -15.61% -33.33% -1.36% 0.00% 10.53% 11.11% 25.00% -7.69% -20.00% -50.00% 0.00%
-1.46 0.04 -1.45 0.11 0.17 0.17 0.04 -0.12 -0.12 0.03 0.03 0.02
EPS in Rs -14.60 0.40 -14.50 0.18 0.25 0.18 0.04 -0.13 -0.13 0.03 0.03 0.02
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -37%
5 Years: -41%
3 Years: 59%
TTM: -50%
Compounded Profit Growth
10 Years: -7%
5 Years: -13%
3 Years: 29%
TTM: -75%
Stock Price CAGR
10 Years: %
5 Years: -4%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 0%
3 Years: 0%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 1.00 1.35 1.35 6.00 6.83 9.41 9.41 9.41 9.41 9.41 9.41 9.41 9.41
Reserves -0.98 -1.07 -2.51 -2.40 -1.08 4.24 4.27 4.16 4.04 4.06 4.10 4.11 4.12
5.13 5.14 5.63 1.12 0.34 0.02 0.11 0.11 0.10 0.03 0.24 0.25 0.25
1.61 1.87 1.29 1.18 1.43 1.15 0.90 0.87 0.88 0.88 0.88 0.82 0.82
Total Liabilities 6.76 7.29 5.76 5.90 7.52 14.82 14.69 14.55 14.43 14.38 14.63 14.59 14.60
1.94 3.44 3.27 3.09 2.91 2.95 2.96 2.83 2.67 2.53 2.43 2.39 4.27
CWIP 0.00 0.00 0.00 0.00 0.00 1.61 2.08 2.08 1.90 1.90 1.90 1.90 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4.82 3.85 2.49 2.81 4.61 10.26 9.65 9.64 9.86 9.95 10.30 10.30 10.33
Total Assets 6.76 7.29 5.76 5.90 7.52 14.82 14.69 14.55 14.43 14.38 14.63 14.59 14.60

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.01 -0.72 -2.19 -0.22 -0.02 0.00 0.08 -0.21 0.00
0.01 -0.40 -4.87 0.04 0.00 0.00 0.00 0.00 0.00
-0.11 1.12 7.17 0.08 0.00 0.00 -0.08 0.22 0.00
Net Cash Flow -0.11 0.00 0.11 -0.10 -0.02 0.00 0.00 0.01 0.01
Free Cash Flow -0.01 -0.72 -3.95 -0.84 -0.02 0.18 0.08 -0.21 0.00
CFO/OP -2% -185% -697% -124% 0% 133% 111% 0%

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 140.02 186.28 281.95 367.16 547.50 834.29 2,772.72 52,681.67 158,410.00 17,925.56 21,854.38 43,617.50
Inventory Days 39.65 11.84 13.86 202.78 107.35 42.58 182.50 1,825.00
Days Payable 68.49 140.08 170.95 1,946.67 1,331.18 60.83 547.50 4,380.00
Cash Conversion Cycle 111.18 58.04 124.86 -1,376.73 -676.32 816.04 2,407.72 50,126.67 158,410.00 17,925.56 21,854.38 43,617.50
Working Capital Days -55.05 98.34 155.18 269.97 535.47 698.71 2,388.51 45,868.33 137,240.00 15,532.78 18,980.00 38,507.50
ROCE % 12.68% -21.03% 7.62% 4.07% 1.92% 0.29% -0.95% -1.10% 0.00% 0.51% 0.15%

Insights

In beta
Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Asset Value: Recorded Content (Gross Block)
INR

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Franchisee Centers
Number
Cost of Services - Professors
INR
Permanent Employees
Number
Material Consumption (Transition to Digital)
INR Lakhs
Students Enrolled/Impacted (Cumulative)
Number
Total Faculty Count
Number

Shareholding Pattern

Numbers in percentages

Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
31.72% 31.72% 31.72% 31.72% 31.72% 31.72% 31.72% 31.72% 31.72% 31.72% 31.72% 31.72%
68.28% 68.28% 68.28% 68.28% 68.28% 68.28% 68.28% 68.28% 68.28% 68.28% 68.28% 68.28%
No. of Shareholders 327327327327327327327327327327327327

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