Arihant Academy Ltd

Arihant Academy Ltd

₹ 138 0.36%
23 Apr - close price
About

Arihant Academy Ltd. (AAL) is engaged in providing coaching services and parallel educational support vertical in the western suburbs of Mumbai, Maharashtra [1]

Key Points

Business service[1] The company offers services in the western suburbs of Mumbai, Maharashtra for Class 8, 9, and 10 for both State Board and ICSE Board; Class 11 and 12 for the commerce and science section; tutoring students in the science field for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra) and preparing students for professional exams such as CS and CA for the entry-level and second level exam, in the commerce section.

  • Market Cap 83.6 Cr.
  • Current Price 138
  • High / Low 200 / 91.2
  • Stock P/E
  • Book Value 31.0
  • Dividend Yield 0.00 %
  • ROCE 24.2 %
  • ROE 16.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.6%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.1.61 Cr.

* 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: Education Industry: Miscellaneous

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Mar 2023 Sep 2023
12.97 10.15 15.58
10.79 9.47 16.37
Operating Profit 2.18 0.68 -0.79
OPM % 16.81% 6.70% -5.07%
0.04 1.13 0.48
Interest 0.01 0.00 0.00
Depreciation 0.30 0.60 0.56
Profit before tax 1.91 1.21 -0.87
Tax % 24.61% 28.93% -2.30%
1.42 0.85 -0.90
EPS in Rs 3.21 1.40 -1.49
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
19.21 14.08 15.20 23.12 25.73
17.85 11.95 12.04 20.25 25.84
Operating Profit 1.36 2.13 3.16 2.87 -0.11
OPM % 7.08% 15.13% 20.79% 12.41% -0.43%
0.01 0.02 0.11 0.38 1.61
Interest 0.08 0.06 0.04 0.02 0.00
Depreciation 0.64 0.58 0.53 0.91 1.16
Profit before tax 0.65 1.51 2.70 2.32 0.34
Tax % 35.38% 25.83% 25.56% 35.78%
0.42 1.13 2.01 1.49 -0.05
EPS in Rs 420.00 1,130.00 2,010.00 2.46 -0.09
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: 52%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 68%
TTM: -1%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 28%
Return on Equity
10 Years: %
5 Years: %
3 Years: 28%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 0.01 6.06 6.06
Reserves 1.78 2.90 4.92 13.60 12.70
0.90 0.49 1.28 0.00 0.00
5.46 4.89 4.84 8.39 13.84
Total Liabilities 8.15 8.29 11.05 28.05 32.60
3.17 2.91 2.67 2.28 4.30
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.01 0.01 0.01 0.00 0.00
4.97 5.37 8.37 25.77 28.30
Total Assets 8.15 8.29 11.05 28.05 32.60

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.09 1.81 2.06 0.22
-0.65 -1.17 -0.30 -0.13
-0.81 -0.47 0.79 12.29
Net Cash Flow -1.55 0.17 2.55 12.38

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 30.97 18.66 0.00 6.47
Inventory Days
Days Payable
Cash Conversion Cycle 30.97 18.66 0.00 6.47
Working Capital Days -47.88 -67.14 -85.73 -49.57
ROCE % 51.56% 57.02% 24.20%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2022Mar 2023Sep 2023Mar 2024
73.00% 73.00% 73.00% 67.54%
0.08% 0.00% 0.00% 0.00%
26.93% 27.00% 27.00% 32.46%
No. of Shareholders 871419351467

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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