Arihant Superstructures Ltd

Arihant Superstructures Ltd

₹ 402 0.24%
01 Jul - close price
About

Incorporated in 1994, Arihant Superstructures Ltd is in the business of real estate
development[1]

Key Points

Business Overview:[1]
a) ASL is a real estate player in affordable and mid-income housing segment in the MMR region
b) It has recently ventured into premium luxury real estate segment to develop Villa projects, a hotel and a sports gymkhana
c) Company has expertise in land acquisition & procurement, liaison, design & engineering, EPC and marketing & sales
d) Company enters into JD, JV, and DM arrangements in the mid-income segment to remain Asset-Light with ~19% of Ongoing development area on asset-light model

  • Market Cap 1,653 Cr.
  • Current Price 402
  • High / Low 555 / 278
  • Stock P/E 30.2
  • Book Value 75.1
  • Dividend Yield 0.30 %
  • ROCE 11.1 %
  • ROE 19.0 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.35 times its book value
  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
71 89 120 115 65 121 109 119 155 84 112 151 153
54 71 101 85 55 94 84 93 124 73 83 108 130
Operating Profit 17 18 20 29 10 27 25 26 31 11 29 43 22
OPM % 23% 21% 16% 26% 15% 23% 23% 22% 20% 13% 26% 28% 15%
1 1 1 0 1 0 0 0 1 0 1 1 2
Interest 5 5 5 8 9 6 6 7 6 8 9 9 14
Depreciation 0 0 0 0 1 1 1 1 1 1 1 1 1
Profit before tax 12 14 15 22 2 21 19 19 25 3 20 33 10
Tax % 15% 23% 21% 9% 86% 18% 14% 17% 29% 23% 21% 24% -11%
10 11 12 20 0 17 16 16 17 2 16 25 11
EPS in Rs 2.40 2.60 2.87 4.85 0.05 4.20 3.90 3.79 4.24 0.48 3.88 6.18 2.74
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
100 108 122 185 188 239 233 270 331 389 504 499
80 83 87 122 151 186 190 222 261 312 397 395
Operating Profit 20 25 35 63 37 53 43 48 70 78 108 104
OPM % 20% 23% 29% 34% 20% 22% 18% 18% 21% 20% 21% 21%
1 2 1 2 1 4 5 2 2 2 7 5
Interest 14 6 4 10 15 32 30 28 21 26 26 40
Depreciation 1 1 1 1 1 2 2 2 2 2 2 2
Profit before tax 7 19 31 53 22 23 16 20 48 52 86 66
Tax % 60% 40% 33% 32% 34% 19% 29% 21% 15% 18% 20% 17%
3 11 21 36 15 18 11 16 41 43 69 55
EPS in Rs 0.32 2.46 4.63 7.97 3.05 3.15 1.33 2.71 10.04 10.37 16.82 13.28
Dividend Payout % 79% 12% 19% 13% 16% 16% 0% 0% 0% 5% 7% 0%
Compounded Sales Growth
10 Years: 17%
5 Years: 16%
3 Years: 15%
TTM: -1%
Compounded Profit Growth
10 Years: 18%
5 Years: 58%
3 Years: 10%
TTM: -21%
Stock Price CAGR
10 Years: 26%
5 Years: 72%
3 Years: 46%
1 Year: 19%
Return on Equity
10 Years: 20%
5 Years: 22%
3 Years: 23%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 41 41 41 41 41 41 41 41 41 41 41 41
Reserves 12 21 40 73 76 80 86 98 137 169 226 268
129 146 211 256 277 378 387 296 299 332 477 738
129 179 201 235 282 226 234 255 377 491 452 538
Total Liabilities 311 386 492 604 676 725 748 689 854 1,033 1,197 1,586
5 5 5 13 27 11 20 20 21 22 21 94
CWIP 0 0 0 0 0 0 0 0 0 0 0 4
Investments 6 1 5 0 0 0 0 0 0 0 0 0
300 380 482 591 648 715 728 668 834 1,011 1,176 1,488
Total Assets 311 386 492 604 676 725 748 689 854 1,033 1,197 1,586

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
49 -14 -24 -30 14 -81 25 121 21 -12 -126 -178
-6 5 -15 -3 -15 18 -8 -1 -1 -2 5 -80
-40 4 39 31 1 66 -21 -119 -17 7 128 261
Net Cash Flow 3 -5 0 -1 1 3 -3 1 3 -7 7 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 12 22 28 66 99 43 55 35 66 80 75 83
Inventory Days 4,203 3,877 935
Days Payable 683 577 98
Cash Conversion Cycle 12 22 28 66 99 43 3,575 3,335 66 80 75 921
Working Capital Days 569 639 759 680 641 675 729 534 478 476 522 697
ROCE % 11% 13% 14% 19% 10% 12% 9% 10% 14% 14% 16% 11%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
74.50% 74.71% 74.71% 74.71% 74.71% 74.71% 74.71% 74.71% 74.71% 74.71% 74.71% 74.71%
1.46% 0.70% 0.69% 0.69% 0.65% 0.56% 0.00% 0.00% 0.03% 0.02% 0.31% 0.18%
1.38% 1.39% 1.39% 1.39% 0.51% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
22.65% 23.19% 23.21% 23.21% 24.12% 24.74% 25.28% 25.28% 25.25% 25.27% 24.97% 25.10%
No. of Shareholders 7,3487,9367,1136,4916,8307,0146,6456,5066,4407,6607,6847,841

* 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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