Arihant Foundations & Housing Ltd
Incorporated in 1992, Arihant Foundations & Housing is engaged in the real estate development including construction of residential, commercial complexes and IT parks.
- Market Cap ₹ 111 Cr.
- Current Price ₹ 129
- High / Low ₹ 144 / 35.2
- Stock P/E 74.9
- Book Value ₹ 196
- Dividend Yield 0.00 %
- ROCE 6.90 %
- ROE 0.69 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.66 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.41% over last 3 years.
- Earnings include an other income of Rs.17.1 Cr.
- Company has high debtors of 389 days.
- Company's cost of borrowing seems high
* 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
Sector: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Sep 2011 | Sep 2012 | Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
117.89 | 133.53 | 63.70 | 66.08 | 71.80 | 54.74 | 39.31 | 62.96 | 17.20 | 31.38 | 48.35 | 39.23 | 63.38 | |
122.90 | 129.55 | 56.16 | 58.18 | 75.81 | 55.70 | 43.23 | 71.42 | 24.92 | 39.97 | 50.45 | 38.47 | 58.94 | |
Operating Profit | -5.01 | 3.98 | 7.54 | 7.90 | -4.01 | -0.96 | -3.92 | -8.46 | -7.72 | -8.59 | -2.10 | 0.76 | 4.44 |
OPM % | -4.25% | 2.98% | 11.84% | 11.96% | -5.58% | -1.75% | -9.97% | -13.44% | -44.88% | -27.37% | -4.34% | 1.94% | 7.01% |
16.73 | 7.60 | 3.52 | 7.22 | 11.85 | 17.86 | 19.74 | 32.02 | 25.06 | 15.89 | 10.60 | 19.35 | 17.06 | |
Interest | 7.79 | 8.26 | 8.19 | 12.78 | 14.15 | 13.56 | 12.80 | 21.10 | 14.97 | 6.31 | 6.82 | 18.36 | 19.32 |
Depreciation | 0.54 | 0.56 | 0.60 | 0.76 | 1.62 | 0.86 | 0.68 | 0.45 | 0.36 | 0.28 | 0.14 | 0.13 | 0.13 |
Profit before tax | 3.39 | 2.76 | 2.27 | 1.58 | -7.93 | 2.48 | 2.34 | 2.01 | 2.01 | 0.71 | 1.54 | 1.62 | 2.05 |
Tax % | 25.66% | 22.46% | 26.43% | 18.35% | 34.17% | 41.13% | 81.62% | 27.36% | 24.88% | 32.39% | 31.17% | 28.40% | |
2.52 | 2.13 | 1.67 | 1.29 | -5.22 | 1.45 | 0.43 | 1.47 | 1.52 | 0.48 | 1.06 | 1.16 | 1.48 | |
EPS in Rs | 2.93 | 2.48 | 1.94 | 1.50 | -6.07 | 1.69 | 0.50 | 1.71 | 1.77 | 0.56 | 1.23 | 1.35 | 1.72 |
Dividend Payout % | 34.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -12% |
5 Years: | 0% |
3 Years: | 32% |
TTM: | 105% |
Compounded Profit Growth | |
---|---|
10 Years: | -12% |
5 Years: | 22% |
3 Years: | 29% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 35% |
3 Years: | 95% |
1 Year: | 247% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -2% |
3 Years: | 0% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Sep 2011 | Sep 2012 | Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 | 8.60 |
Reserves | 153.45 | 155.58 | 157.25 | 158.54 | 153.33 | 141.18 | 141.85 | 143.86 | 145.20 | 145.56 | 158.39 | 159.56 | 160.35 |
90.01 | 89.74 | 104.05 | 171.07 | 139.97 | 137.96 | 133.92 | 130.27 | 122.64 | 100.68 | 106.09 | 138.06 | 89.57 | |
88.42 | 85.19 | 117.85 | 80.54 | 102.44 | 87.03 | 87.06 | 75.11 | 87.94 | 106.23 | 119.69 | 131.23 | 159.57 | |
Total Liabilities | 340.48 | 339.11 | 387.75 | 418.75 | 404.34 | 374.77 | 371.43 | 357.84 | 364.38 | 361.07 | 392.77 | 437.45 | 418.09 |
13.54 | 13.33 | 13.71 | 13.03 | 11.56 | 10.99 | 10.31 | 8.48 | 6.91 | 6.64 | 8.20 | 8.20 | 8.25 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 10.22 | 10.21 | 16.95 | 19.93 | 19.50 | 11.79 | 23.65 | 12.18 | 10.66 | 22.62 | 40.24 | 40.95 | 40.98 |
316.72 | 315.57 | 357.09 | 385.79 | 373.28 | 351.99 | 337.47 | 337.18 | 346.81 | 331.81 | 344.33 | 388.30 | 368.86 | |
Total Assets | 340.48 | 339.11 | 387.75 | 418.75 | 404.34 | 374.77 | 371.43 | 357.84 | 364.38 | 361.07 | 392.77 | 437.45 | 418.09 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Sep 2011 | Sep 2012 | Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28.18 | 31.80 | -16.74 | -30.58 | 18.50 | 6.34 | 25.07 | -40.07 | 9.88 | -12.45 | 59.09 | -16.16 | |
7.10 | 6.34 | 4.28 | 3.55 | 12.00 | 22.78 | 1.31 | 41.43 | 25.07 | 2.20 | -9.05 | 18.51 | |
-41.89 | -33.18 | 13.50 | 42.48 | -50.82 | -30.81 | -21.81 | -6.56 | -23.01 | -0.72 | -49.37 | 14.95 | |
Net Cash Flow | -6.61 | 4.96 | 1.04 | 15.45 | -20.32 | -1.69 | 4.57 | -5.20 | 11.94 | -10.96 | 0.67 | 17.30 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Sep 2011 | Sep 2012 | Sep 2013 | Dec 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 232.12 | 170.38 | 507.45 | 245.14 | 340.80 | 482.69 | 702.42 | 447.32 | 1,691.94 | 453.98 | 309.59 | 388.82 |
Inventory Days | 3,937.10 | 1,025.11 | 7,552.31 | 3,342.42 | 2,163.77 | |||||||
Days Payable | 1,347.78 | 324.20 | 2,609.85 | 1,755.65 | 1,953.34 | |||||||
Cash Conversion Cycle | 232.12 | 2,759.70 | 507.45 | 245.14 | 1,041.72 | 482.69 | 5,644.88 | 447.32 | 1,691.94 | 2,040.74 | 520.01 | 388.82 |
Working Capital Days | 663.03 | 409.06 | 927.91 | 681.94 | 519.69 | 754.94 | 745.13 | 709.19 | 2,581.74 | 519.24 | 62.36 | 310.85 |
ROCE % | 4.16% | 5.46% | 4.72% | 4.73% | 1.89% | 5.44% | 5.30% | 4.46% | 2.75% | 2.58% | 2.83% | 6.90% |
Documents
Announcements
- Submission Of Certificate In Compliance Of Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31.03.2024. 1d
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Apr - Listing Obligations and Requirements) Regulations, 2015, Please find the attached a media release titled " Equitas acquires Arihant ''s Chennai Property for 300cr".
- Disclosure Under Regulation 31(4) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 For The Financial Year Ended On March 31, 2024. 5 Apr
- Closure of Trading Window 1 Apr
-
Media Release
12 Mar - Dear Sirs, Please find attached a media release titled "Arihant Foundations to elevate chennai''s landscape by Developing Corporate Office of Equitas Small Finance Bank".
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
Share trading to be suspended from 04.02.2022[1]
The trading in the securities of the company will be suspended from trading w.e.f. February
04, 2022 (i.e. w.e.f. closing hours of trading on February 03, 2022). Further the admission to
dealings in the security shall be withdrawn (delisted) w.e.f. February 11, 2022