Arham Technologies Ltd
Incorporated in 2013, Arham Technologies Ltd imports, exports, trades, manufactures, and distributes domestic electrical appliances.[1]
- Market Cap ₹ 307 Cr.
- Current Price ₹ 141
- High / Low ₹ 161 / 70.8
- Stock P/E 41.6
- Book Value ₹ 42.4
- Dividend Yield 0.00 %
- ROCE 14.0 %
- ROE 12.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 29.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -16.2%
- Company has high debtors of 155 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.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 14 | 23 | 36 | 48 | 55 | 65 | 102 | |
| 12 | 19 | 32 | 42 | 46 | 54 | 89 | |
| Operating Profit | 2 | 4 | 5 | 6 | 8 | 11 | 13 |
| OPM % | 12% | 17% | 13% | 13% | 16% | 17% | 13% |
| 0 | 0 | 1 | 0 | 1 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 1 | 3 | 4 | 5 | 7 | 8 | 10 |
| Tax % | -2% | 25% | 28% | 24% | 27% | 25% | 26% |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |
| EPS in Rs | 1.39 | 4.98 | 7.37 | 2.10 | 2.88 | 3.52 | 3.38 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 28% |
| TTM: | 57% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 28% |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| 1 Year: | 66% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 17% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 8 | 8 | 17 | 22 |
| Reserves | 0 | 2 | 5 | 11 | 15 | 13 | 71 |
| 7 | 9 | 10 | 12 | 20 | 27 | 26 | |
| 0 | 3 | 6 | 2 | 5 | 8 | 23 | |
| Total Liabilities | 10 | 15 | 23 | 33 | 48 | 65 | 141 |
| 4 | 3 | 2 | 3 | 10 | 9 | 8 | |
| CWIP | 0 | 0 | 0 | 4 | 0 | 0 | 24 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| 6 | 12 | 21 | 26 | 38 | 56 | 99 | |
| Total Assets | 10 | 15 | 23 | 33 | 48 | 65 | 141 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -0 | -1 | -4 | -4 | 5 | 4 | -26 | |
| -0 | -0 | 1 | -5 | -3 | 0 | -34 | |
| -1 | 2 | 2 | 10 | -2 | -4 | 60 | |
| Net Cash Flow | -1 | -0 | 0 | 1 | -1 | 0 | 0 |
| Free Cash Flow | -0 | -2 | -4 | -9 | 0 | 5 | -50 |
| CFO/OP | -1% | -37% | -75% | -69% | 53% | 36% | -194% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 49 | 46 | 103 | 78 | 57 | 70 | 155 |
| Inventory Days | 107 | 176 | 115 | 116 | 236 | 296 | 130 |
| Days Payable | 12 | 10 | 43 | 12 | 18 | 37 | 85 |
| Cash Conversion Cycle | 144 | 212 | 175 | 183 | 274 | 329 | 200 |
| Working Capital Days | 39 | 35 | 79 | 111 | 117 | 127 | 173 |
| ROCE % | 30% | 35% | 25% | 22% | 20% | 14% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2028 (P) | |
|---|---|---|---|---|---|
| Permanent Employees count |
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| Capacity Utilization % |
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| Number of Distributors count |
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| Revenue Share - Air Coolers % |
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| Revenue Share - Smart Televisions % |
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| States Covered count |
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| Installed Annual Capacity - Total Blended units/year |
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| Total Dealer/Distributor/Retailer Touchpoints count |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
8 July 2026 - Arham Technologies to hold an in-person investor group meeting in Mumbai on 15 July 2026.
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Copy of Newspaper Publication
30 June 2026 - Newspaper ads published for 13th AGM and e-voting on 30 June 2026.
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Record Date
29 June 2026 - 13th AGM on 22 July 2026; remote e-voting from 18-21 July, cut-off 15 July.
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General Updates
29 June 2026 - Book closure from 16-22 July 2026 for 13th AGM on 22 July 2026.
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Shareholders meeting
29 June 2026 - 13th AGM on 22 July 2026; approves FY26 financials, director reappointments, remunerations, and independent director appointment.
Annual reports
Concalls
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Jun 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Oct 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
Business Overview:[1]
Arham Technologies Limited is an electronics manufacturer and OEM based in Raipur, Chhattisgarh, engaged in manufacturing Smart LED TVs, ceiling fans, air coolers, washing machines, mixer grinders, and other consumer appliances under the STARSHINE (premium) and ARATTON (mass-market) brands.