Arham Technologies Ltd
Incorporated in 2013, Arham Technologies Ltd imports, exports, trades, manufactures, and distributes domestic electrical appliances.[1]
- Market Cap ₹ 262 Cr.
- Current Price ₹ 155
- High / Low ₹ 161 / 70.8
- Stock P/E 30.0
- Book Value ₹ 20.7
- 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
- Stock is trading at 7.48 times its book value
- 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 13.78 | 22.75 | 36.47 | 48.44 | 54.69 | 65.16 | 76.53 | |
| 12.14 | 18.99 | 31.70 | 42.29 | 46.19 | 54.10 | 62.71 | |
| Operating Profit | 1.64 | 3.76 | 4.77 | 6.15 | 8.50 | 11.06 | 13.82 |
| OPM % | 11.90% | 16.53% | 13.08% | 12.70% | 15.54% | 16.97% | 18.06% |
| 0.01 | 0.05 | 0.81 | 0.23 | 0.53 | 0.20 | 0.78 | |
| Interest | 0.59 | 0.61 | 1.10 | 1.40 | 1.59 | 2.27 | 2.61 |
| Depreciation | 0.50 | 0.49 | 0.26 | 0.27 | 0.77 | 1.09 | 0.93 |
| Profit before tax | 0.56 | 2.71 | 4.22 | 4.71 | 6.67 | 7.90 | 11.06 |
| 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 | 8.75 | |
| EPS in Rs | 1.39 | 4.98 | 7.37 | 2.10 | 2.88 | 3.52 | 5.17 |
| 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: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 25% |
| TTM: | 57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 12% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2.06 | 2.06 | 2.06 | 8.46 | 8.46 | 16.92 | 16.92 |
| Reserves | 0.02 | 2.05 | 5.07 | 10.57 | 15.43 | 12.93 | 18.13 |
| 7.30 | 8.59 | 10.37 | 12.05 | 19.72 | 27.38 | 35.72 | |
| 0.39 | 2.72 | 5.64 | 1.84 | 4.56 | 7.64 | 9.98 | |
| Total Liabilities | 9.77 | 15.42 | 23.14 | 32.92 | 48.17 | 64.87 | 80.75 |
| 3.63 | 3.46 | 2.23 | 2.61 | 10.21 | 8.51 | 15.32 | |
| CWIP | 0.00 | 0.00 | 0.00 | 4.35 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 |
| 6.14 | 11.96 | 20.91 | 25.96 | 37.86 | 56.26 | 65.33 | |
| Total Assets | 9.77 | 15.42 | 23.14 | 32.92 | 48.17 | 64.87 | 80.75 |
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
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Shareholders meeting
3 December 2025 - Corrigendum to EGM on 10 Dec 2025: preferential issue to repay Rs3,500 lakh loan; promoter stake diluted.
-
Analysts/Institutional Investor Meet/Con. Call Updates
19 November 2025 - H1 FY26 earnings-call transcript (17 Nov 2025): H1 sales Rs.46cr; Rs.60cr fundraise; CAPEX ₹15cr; target ₹300cr by FY28.
-
Copy of Newspaper Publication
19 November 2025 - EGM notice and e-voting advertised in Lokshakti and Financial Express on 19-Nov-2025.
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Shareholders meeting
18 November 2025 - EGM Dec 10, 2025 to approve 5,522,000 shares at ₹109.50, raising ₹60.46 crore.
-
Analysts/Institutional Investor Meet/Con. Call Updates
17 November 2025 - H1 FY26 earnings call held 17 Nov 2025; audio recording posted on company website.
Annual reports
Concalls
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Nov 2025Transcript PPT
-
Oct 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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