Arham Technologies Ltd
Incorporated in 2013, Arham Technologies Ltd imports, exports, trades, manufactures, and distributes domestic electrical appliances.[1]
- Market Cap ₹ 316 Cr.
- Current Price ₹ 145
- High / Low ₹ 161 / 70.8
- Stock P/E 36.1
- 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
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -16.2%
* 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 | 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: | 71% |
| 1 Year: | 72% |
| 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 |
| Free Cash Flow | -0.16 | -1.70 | -3.78 | -9.22 | 0.50 | 4.57 |
| CFO/OP | -1% | -37% | -75% | -69% | 53% | 36% |
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% |
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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Outcome of Board Meeting
21 April 2026 - Board appointed M/s. Abhishek Jain & Associates as Secretarial Auditor for FY 2025-26 on 21 April 2026.
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Appointment
21 April 2026 - Arham Technologies appointed M/s. Abhishek Jain & Associates as secretarial auditor for FY 2025-26.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
16 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no physical securities received.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
16 April 2026 - Arham Technologies declares corporate governance report non-applicable for quarter and year ended 31 March 2026.
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Press Release
15 April 2026 - Arham Technologies launched new premium fan range on 15 April 2026, including four domestic and one industrial model.
Annual reports
Concalls
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Nov 2025Transcript PPT
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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