Arham Technologies Ltd
Incorporated in 2013, Arham Technologies Ltd imports, exports, trades, manufactures, and distributes domestic electrical appliances.[1]
- Market Cap ₹ 173 Cr.
- Current Price ₹ 102
- High / Low ₹ 164 / 70.8
- Stock P/E 29.0
- Book Value ₹ 17.6
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 22.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 59.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
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 | |
---|---|---|---|---|---|---|
13.78 | 22.75 | 36.47 | 48.44 | 54.69 | 65.16 | |
12.14 | 18.99 | 31.70 | 42.29 | 46.19 | 54.10 | |
Operating Profit | 1.64 | 3.76 | 4.77 | 6.15 | 8.50 | 11.06 |
OPM % | 11.90% | 16.53% | 13.08% | 12.70% | 15.54% | 16.97% |
0.01 | 0.05 | 0.81 | 0.23 | 0.53 | 0.20 | |
Interest | 0.59 | 0.61 | 1.10 | 1.40 | 1.59 | 2.27 |
Depreciation | 0.50 | 0.49 | 0.26 | 0.27 | 0.77 | 1.09 |
Profit before tax | 0.56 | 2.71 | 4.22 | 4.71 | 6.67 | 7.90 |
Tax % | -1.79% | 25.09% | 28.44% | 24.42% | 26.99% | 24.56% |
0.57 | 2.04 | 3.02 | 3.55 | 4.86 | 5.95 | |
EPS in Rs | 1.39 | 4.98 | 7.37 | 2.10 | 2.88 | 3.52 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 21% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 60% |
3 Years: | 25% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -34% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 23% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 2.06 | 2.06 | 2.06 | 8.46 | 8.46 | 16.92 |
Reserves | 0.02 | 2.05 | 5.07 | 10.57 | 15.43 | 12.93 |
7.30 | 8.59 | 10.37 | 12.05 | 19.72 | 27.38 | |
0.39 | 2.72 | 5.64 | 1.84 | 4.56 | 7.64 | |
Total Liabilities | 9.77 | 15.42 | 23.14 | 32.92 | 48.17 | 64.87 |
3.63 | 3.46 | 2.23 | 2.61 | 10.21 | 8.51 | |
CWIP | 0.00 | 0.00 | 0.00 | 4.35 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 |
6.14 | 11.96 | 20.91 | 25.96 | 37.86 | 56.26 | |
Total Assets | 9.77 | 15.42 | 23.14 | 32.92 | 48.17 | 64.87 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
-0.01 | -1.39 | -3.60 | -4.22 | 4.52 | 3.97 | |
-0.12 | -0.30 | 1.40 | -5.10 | -3.24 | 0.50 | |
-0.76 | 1.61 | 2.23 | 10.02 | -2.10 | -4.47 | |
Net Cash Flow | -0.89 | -0.07 | 0.02 | 0.70 | -0.83 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 49.27 | 46.37 | 103.38 | 78.36 | 57.00 | 69.85 |
Inventory Days | 106.59 | 175.86 | 115.48 | 116.14 | 235.60 | 296.23 |
Days Payable | 12.02 | 10.38 | 43.43 | 11.50 | 18.47 | 37.32 |
Cash Conversion Cycle | 143.84 | 211.84 | 175.44 | 183.01 | 274.12 | 328.76 |
Working Capital Days | 39.47 | 35.46 | 78.96 | 111.29 | 116.53 | 126.71 |
ROCE % | 30.07% | 35.23% | 25.15% | 22.12% | 20.17% |
Documents
Announcements
-
General Updates
15 October 2025 - Reverts preferential issue to 17,15,795 warrants at ₹88.88 each; earlier revision to ₹88.68/17,19,664 withdrawn.
-
Investor Presentation
15 October 2025 - Investor presentation dated 15-Oct-2025: ₹30 Cr capex, target ₹300 Cr revenue by FY28, utilization ramp to 80%.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
14 October 2025 - Arham declares corporate governance non-applicable for quarter/half-year ended 30 Sept 2025, citing SME exchange exemption.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 October 2025 - Certificate under Reg.74(5) for quarter and half year ended 30 September 2025 submitted by RTA.
-
Shareholders meeting
26 September 2025 - AGM voting results filed for meeting on 25 Sep 2025; six resolutions passed.
Business Overview:[1]
ATL is engaged in the manufacturing, sales, and after-sales service of:
a) Televisions
b) Computer Monitors
c) Electrical Fans
d) Washing Machines
e) Mixer Grinders
f) Air Coolers
g) Other Electronic and Electrical Home Appliances
The company is recognized as one of the leading Smart Television manufacturers in India. It operates with a quality-first approach, utilizing a 1K standard clean room and high-grade testing protocols