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dealings in the security shall be withdrawn (delisted) w.e.f. February 11, 2022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 81.3
  • Book Value 208
  • Dividend Yield 0.12 %
  • ROCE 6.34 %
  • ROE 1.88 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 18.9% CAGR over last 5 years

Cons

  • Stock is trading at 4.15 times its book value
  • Promoter holding has decreased over last quarter: -5.88%
  • Company has a low return on equity of 0.96% over last 3 years.
  • Earnings include an other income of Rs.13.6 Cr.
  • Company has high debtors of 195 days.
  • Working capital days have increased from 247 days to 367 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

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
16.00 15.62 9.80 5.57 10.26 5.27 18.12 19.86 5.57 19.83 31.30 18.71 24.47
16.74 15.43 11.67 5.71 10.57 4.99 17.38 19.60 4.84 17.32 29.74 14.35 18.22
Operating Profit -0.74 0.19 -1.87 -0.14 -0.31 0.28 0.74 0.26 0.73 2.51 1.56 4.36 6.25
OPM % -4.62% 1.22% -19.08% -2.51% -3.02% 5.31% 4.08% 1.31% 13.11% 12.66% 4.98% 23.30% 25.54%
3.13 1.00 2.64 3.82 4.34 5.08 6.12 3.95 4.06 2.93 2.68 3.79 4.25
Interest 1.71 0.62 0.57 3.28 3.30 4.88 6.90 3.61 4.23 4.58 1.82 3.62 3.68
Depreciation 0.04 0.03 0.03 0.03 0.03 0.03 0.04 0.03 0.03 0.03 0.03 0.03 0.03
Profit before tax 0.64 0.54 0.17 0.37 0.70 0.45 -0.08 0.57 0.53 0.83 2.39 4.50 6.79
Tax % 21.88% 29.63% 82.35% 24.32% 32.86% 24.44% -212.50% 49.12% 5.66% 27.71% 23.43% 27.78% 27.84%
0.50 0.38 0.03 0.28 0.47 0.34 0.09 0.29 0.50 0.60 1.83 3.25 4.90
EPS in Rs 0.58 0.44 0.03 0.33 0.55 0.40 0.10 0.34 0.58 0.70 2.13 3.78 5.70
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
134 64 66 72 55 39 63 17 31 48 39 77 94
130 56 58 76 56 43 71 25 40 50 38 72 80
Operating Profit 4 8 8 -4 -1 -4 -8 -8 -9 -2 1 5 15
OPM % 3% 12% 12% -6% -2% -10% -13% -45% -27% -4% 2% 7% 16%
8 4 7 12 18 20 32 25 16 11 19 14 14
Interest 8 8 13 14 14 13 21 15 6 7 18 14 14
Depreciation 1 1 1 2 1 1 0 0 0 0 0 0 0
Profit before tax 3 2 2 -8 2 2 2 2 1 2 2 4 15
Tax % 22% 26% 18% -34% 41% 82% 27% 25% 32% 31% 28% 25%
2 2 1 -5 1 0 1 2 0 1 1 3 11
EPS in Rs 2.48 1.94 1.50 -6.07 1.69 0.50 1.71 1.77 0.56 1.23 1.35 3.76 12.31
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 27%
Compounded Sales Growth
10 Years: 2%
5 Years: 4%
3 Years: 35%
TTM: 93%
Compounded Profit Growth
10 Years: 1%
5 Years: 19%
3 Years: 107%
TTM: 767%
Stock Price CAGR
10 Years: 31%
5 Years: 110%
3 Years: 177%
1 Year: 1325%
Return on Equity
10 Years: -1%
5 Years: 0%
3 Years: 1%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 156 157 159 153 141 142 144 145 146 158 160 163 170
90 104 171 140 138 134 130 123 101 106 138 105 112
85 118 81 102 87 87 75 88 106 120 131 94 119
Total Liabilities 339 388 419 404 375 371 358 364 361 393 437 370 410
13 14 13 12 11 10 8 7 7 8 8 8 6
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 10 17 20 20 12 24 12 11 23 40 41 41 42
316 357 386 373 352 337 337 347 332 344 388 320 363
Total Assets 339 388 419 404 375 371 358 364 361 393 437 370 410

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Dec 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
32 -17 -31 18 6 25 -40 10 -12 59 -16 6
6 4 4 12 23 1 41 25 2 -9 19 13
-33 14 42 -51 -31 -22 -7 -23 -1 -49 15 -36
Net Cash Flow 5 1 15 -20 -2 5 -5 12 -11 1 17 -17

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 170 507 245 341 483 702 447 1,692 454 310 389 195
Inventory Days 3,937 1,025 7,552 3,342 2,164 2,254
Days Payable 1,348 324 2,610 1,756 1,953 2,245
Cash Conversion Cycle 2,760 507 245 1,042 483 5,645 447 1,692 2,041 520 389 203
Working Capital Days 409 928 682 520 755 745 709 2,582 519 62 311 367
ROCE % 5% 5% 5% 2% 5% 5% 4% 3% 3% 3% 7% 6%

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.

Documents