Arihant Foundations & Housing Ltd

Arihant Foundations & Housing Ltd

₹ 863 2.00%
26 Dec - 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dealings in the security shall be withdrawn (delisted) w.e.f. February 11, 2022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 860 Cr.
  • Current Price 863
  • High / Low 879 / 58.3
  • Stock P/E 28.6
  • Book Value 245
  • Dividend Yield 0.12 %
  • ROCE 10.8 %
  • ROE 7.29 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 32.5% CAGR over last 5 years
  • Debtor days have improved from 191 to 129 days.

Cons

  • Stock is trading at 3.52 times its book value
  • Promoter holding has decreased over last quarter: -5.88%
  • Company has a low return on equity of 5.04% over last 3 years.

* 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

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
21 26 27 17 23 10 14 37 9 32 45 39 48
28 27 22 13 15 7 16 32 6 20 41 24 32
Operating Profit -7 -1 5 4 8 4 -3 5 3 13 4 14 16
OPM % -33% -4% 19% 25% 35% 36% -19% 13% 34% 40% 9% 37% 33%
3 1 4 5 3 4 8 3 3 3 3 3 2
Interest 1 2 3 8 2 6 3 4 5 5 3 4 4
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -5 -2 7 1 9 2 2 4 2 11 4 14 15
Tax % 3% 41% 12% 146% 27% 42% 56% 38% 36% 17% 76% 30% 28%
-5 -3 6 -0 6 1 1 2 1 9 1 10 11
EPS in Rs -3.00 -1.21 4.81 1.17 6.99 1.08 1.00 2.76 1.35 10.55 1.05 11.06 12.28
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Sep 2012 Sep 2013 Dec 2014 15m Mar 2016 15m Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
217 137 99 125 68 66 80 47 56 83 64 124 165
210 147 110 129 64 65 82 65 62 86 51 99 118
Operating Profit 7 -9 -11 -4 4 1 -2 -18 -6 -3 13 25 47
OPM % 3% -7% -11% -3% 6% 2% -2% -39% -10% -4% 21% 20% 29%
9 3 3 11 13 21 31 31 16 12 20 12 12
Interest 8 15 13 20 23 19 24 18 23 11 21 17 16
Depreciation 1 1 1 2 1 1 1 1 0 0 0 0 0
Profit before tax 7 -22 -22 -15 -7 2 4 -5 -13 -3 13 20 43
Tax % 28% -15% -14% -17% -3% 166% 74% 30% 22% 58% 22% 34%
5 -19 -19 -12 -7 -1 1 -7 -16 -5 10 14 30
EPS in Rs 5.63 -21.58 -21.70 -13.50 -8.01 -3.07 -2.92 -7.84 -11.69 -1.16 11.59 15.70 34.94
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 6%
Compounded Sales Growth
10 Years: -1%
5 Years: 9%
3 Years: 30%
TTM: 135%
Compounded Profit Growth
10 Years: 11%
5 Years: 32%
3 Years: 49%
TTM: 465%
Stock Price CAGR
10 Years: 31%
5 Years: 110%
3 Years: 177%
1 Year: 1325%
Return on Equity
10 Years: -3%
5 Years: 0%
3 Years: 5%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Sep 2012 Sep 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 179 159 141 140 171 142 151 102 91 109 169 183 202
94 153 192 235 151 176 153 402 334 338 175 141 114
194 209 189 219 134 111 56 142 124 152 139 109 141
Total Liabilities 475 529 531 603 465 437 368 654 558 607 492 442 465
36 38 13 34 12 11 9 8 19 20 20 21 18
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 8 16 17 30 45 43 35 33 33 33 33 34 37
431 476 500 539 408 383 324 614 506 554 438 387 410
Total Assets 475 529 531 603 465 437 368 654 558 607 492 442 465

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Sep 2012 Sep 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
82 -49 5 -38 -4 -1 -28 -220 147 -34 147 30
-16 -2 -0 -24 20 8 43 29 3 30 20 10
-61 53 5 40 -16 -2 -20 209 -166 6 -146 -61
Net Cash Flow 4 3 10 -22 -1 5 -6 18 -16 1 21 -20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Sep 2012 Sep 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 110 246 130 233 264 456 199 322 273 193 252 129
Inventory Days 369 3,996 2,834 2,010 4,072 3,441
Days Payable 142 1,230 719 881 2,738 1,395
Cash Conversion Cycle 110 472 130 2,998 264 2,571 199 322 1,402 1,526 252 2,175
Working Capital Days 165 342 422 476 726 571 601 1,738 1,045 620 484 343
ROCE % 5% -2% -3% 1% 5% 6% 5% 1% 2% 2% 9% 11%

Shareholding Pattern

Numbers in percentages

24 Recently
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Nov 2024
42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 42.87% 36.99%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.07%
57.13% 57.13% 57.14% 57.14% 57.14% 57.14% 57.14% 57.13% 57.13% 57.14% 57.14% 61.93%
No. of Shareholders 3,6063,5113,2703,2153,1562,9893,1493,1363,1363,0963,0763,185

* 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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