Arham Technologies Ltd
Incorporated in 2013, Arham Technologies Ltd imports, exports, trades, manufactures, and distributes domestic electrical appliances.[1]
- Market Cap ₹ 299 Cr.
- Current Price ₹ 137
- High / Low ₹ 161 / 70.8
- Stock P/E 40.5
- 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: | 52% |
| 1 Year: | 48% |
| 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 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Trade Receivables Turnover Ratio Ratio |
|
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| Annual Production Capacity - Fans Units per year |
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| Annual Production Capacity - Home Appliances Units per year |
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| Annual Production Capacity - Smart Televisions Units per year |
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| Average Selling Price - Television INR |
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| Number of Distributors Number |
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| Revenue Mix - Fans % |
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| Revenue Mix - Televisions % |
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| Total Dealer Touchpoints Number |
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Extracted by Screener AI
Documents
Announcements
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Resignation of Director/KMP/SMP
15 June 2026 - Arham Technologies Limited has informed about Resignation of Director/KMP/SMP
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Change in Management
15 June 2026 - Board appointed Divya Jain, noted Rukmani Jain's resignation, and reappointed Saurabh Agrawal and Roshan Jain for five years.
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Resignation
15 June 2026 - Board approved Divya Jain appointment, Rukmani Jain resignation, Saurabh Agrawal and Roshan Jain reappointments from June 2026.
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Appointment
15 June 2026 - Board approved Divya Jain's appointment, Rukmani Jain's resignation, and reappointments of Saurabh Agrawal and Roshan Jain from June 2026.
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Outcome of Board Meeting
15 June 2026 - Board appoints Divya Jain, accepts Rukmani Jain resignation, reappoints Saurabh Agrawal and Roshan Jain for five years.
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]
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