Arihant Foundations & Housing Ltd

Arihant Foundations & Housing Ltd

₹ 141 -1.98%
28 May - close price
About

Incorporated in 1992, Arihant Foundations & Housing is engaged in the real estate development including construction of residential, commercial complexes and IT parks.

Key Points

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dealings in the security shall be withdrawn (delisted) w.e.f. February 11, 2022

  • Market Cap 121 Cr.
  • Current Price 141
  • High / Low 157 / 37.2
  • Stock P/E 8.30
  • Book Value 211
  • Dividend Yield 0.00 %
  • ROCE 8.61 %
  • ROE 6.75 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.67 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 55.4% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of -0.41% over past five years.
  • Company has a low return on equity of -0.38% over last 3 years.
  • Earnings include an other income of Rs.17.7 Cr.
  • Company has high debtors of 252 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

Sector: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
9.43 34.26 8.88 20.69 25.90 27.33 17.46 22.80 10.40 13.61 36.98 9.16 32.50
8.39 47.07 9.67 27.51 26.94 22.07 13.14 14.82 6.63 16.21 32.03 6.01 19.60
Operating Profit 1.04 -12.81 -0.79 -6.82 -1.04 5.26 4.32 7.98 3.77 -2.60 4.95 3.15 12.90
OPM % 11.03% -37.39% -8.90% -32.96% -4.02% 19.25% 24.74% 35.00% 36.25% -19.10% 13.39% 34.39% 39.69%
2.52 12.15 3.53 3.11 0.87 4.31 4.85 3.05 4.39 8.06 3.09 3.34 3.24
Interest 1.94 6.94 5.79 1.09 1.54 2.64 8.39 2.38 6.44 3.45 4.15 4.61 5.09
Depreciation 0.10 0.09 0.09 0.08 0.08 0.11 0.07 0.09 0.10 0.06 0.08 0.08 0.08
Profit before tax 1.52 -7.69 -3.14 -4.88 -1.79 6.82 0.71 8.56 1.62 1.95 3.81 1.80 10.97
Tax % 82.89% -8.97% -1.91% -2.66% -41.34% 11.73% 146.48% 26.99% 41.98% -60.00% 37.80% 35.56% 17.32%
0.26 -8.38 -3.20 -5.01 -2.53 6.02 -0.33 6.25 0.94 3.12 2.37 1.16 9.07
EPS in Rs 1.45 -10.07 -1.77 -3.00 -1.21 4.81 1.17 6.99 1.08 2.35 2.76 1.35 10.55
Raw PDF
Upcoming result date: tomorrow

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
183 217 137 99 125 68 66 80 47 56 83 64 92
190 210 147 110 129 64 65 82 65 62 86 51 74
Operating Profit -7 7 -9 -11 -4 4 1 -2 -18 -6 -3 13 18
OPM % -4% 3% -7% -11% -3% 6% 2% -2% -39% -10% -4% 21% 20%
17 9 3 3 11 13 21 31 31 16 12 20 18
Interest 8 8 15 13 20 23 19 24 18 23 11 21 17
Depreciation 1 1 1 1 2 1 1 1 1 0 0 0 0
Profit before tax 2 7 -22 -22 -15 -7 2 4 -5 -13 -3 13 19
Tax % 50% 28% 15% 14% 17% 3% 166% 74% -30% -22% -58% 22%
1 5 -19 -19 -12 -7 -1 1 -7 -16 -5 10 16
EPS in Rs 1.05 5.63 -21.58 -21.70 -13.50 -8.01 -3.07 -2.92 -7.84 -11.69 -1.16 11.59 17.01
Dividend Payout % 96% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -11%
5 Years: 0%
3 Years: 11%
TTM: 18%
Compounded Profit Growth
10 Years: 7%
5 Years: 55%
3 Years: 39%
TTM: 36%
Stock Price CAGR
10 Years: 15%
5 Years: 34%
3 Years: 88%
1 Year: 266%
Return on Equity
10 Years: -5%
5 Years: -3%
3 Years: 0%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 186 179 159 141 140 171 142 151 102 91 109 169 173
128 94 153 192 235 151 176 153 402 334 338 175 122
148 194 209 189 219 134 111 56 142 124 152 139 179
Total Liabilities 471 475 529 531 603 465 437 368 654 558 607 492 483
29 36 38 13 34 12 11 9 8 19 20 20 20
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 8 8 16 17 30 45 43 35 33 33 33 33 22
434 431 476 500 539 408 383 324 614 506 554 438 441
Total Assets 471 475 529 531 603 465 437 368 654 558 607 492 483

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Sep 2011 Sep 2012 Sep 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
36 82 -49 5 -38 -4 -1 -28 -220 147 -34 147
8 -16 -2 -0 -24 20 8 43 29 3 30 20
-41 -61 53 5 40 -16 -2 -20 209 -166 6 -146
Net Cash Flow 3 4 3 10 -22 -1 5 -6 18 -16 1 21

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 156 110 246 130 233 264 456 199 322 273 193 252
Inventory Days 369 3,996 2,834 2,010 4,072
Days Payable 142 1,230 719 881 2,738
Cash Conversion Cycle 156 110 472 130 2,998 264 2,571 199 322 1,402 1,526 252
Working Capital Days 424 165 342 422 476 726 571 601 1,738 1,045 620 484
ROCE % 3% 5% -2% -3% 1% 5% 6% 5% 1% 2% 2% 9%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87%
57.13% 57.13% 57.13% 57.13% 57.13% 57.14% 57.14% 57.14% 57.14% 57.14% 57.13% 57.13%
No. of Shareholders 2,6182,7043,6843,6063,5113,2703,2153,1562,9893,1493,1363,136

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