Arihant Academy Ltd
Incorporated in 1998, Arihant Academy Ltd runs premium coaching classes in Mumbai for SSC, ICSE, CBSE, Science
& Commerce[1]
- Market Cap ₹ 122 Cr.
- Current Price ₹ 201
- High / Low ₹ 235 / 116
- Stock P/E 24.8
- Book Value ₹ 37.8
- Dividend Yield 0.50 %
- ROCE 8.96 %
- ROE 7.59 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Promoter holding has decreased over last quarter: -5.46%
- Tax rate seems low
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 19.21 | 14.08 | 15.20 | 23.12 | 30.32 | |
| 17.85 | 11.95 | 12.04 | 20.24 | 28.36 | |
| Operating Profit | 1.36 | 2.13 | 3.16 | 2.88 | 1.96 |
| OPM % | 7.08% | 15.13% | 20.79% | 12.46% | 6.46% |
| 0.01 | 0.02 | 0.11 | 0.38 | 1.23 | |
| Interest | 0.08 | 0.06 | 0.04 | 0.03 | 0.04 |
| Depreciation | 0.64 | 0.58 | 0.53 | 0.91 | 1.36 |
| Profit before tax | 0.65 | 1.51 | 2.70 | 2.32 | 1.79 |
| Tax % | 35.38% | 25.83% | 25.56% | 35.78% | 13.97% |
| 0.42 | 1.13 | 2.01 | 1.49 | 1.55 | |
| EPS in Rs | 420.00 | 1,130.00 | 2,010.00 | 2.46 | 2.56 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 39.10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | 1165% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 73% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 6.06 | 6.06 | 6.06 |
| Reserves | 1.78 | 2.90 | 4.92 | 13.60 | 15.15 | 16.86 |
| 0.90 | 0.49 | 1.28 | 0.00 | 0.00 | 0.00 | |
| 5.46 | 4.89 | 4.84 | 8.39 | 14.26 | 19.28 | |
| Total Liabilities | 8.15 | 8.29 | 11.05 | 28.05 | 35.47 | 42.20 |
| 3.17 | 2.91 | 2.67 | 2.28 | 4.97 | 5.56 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.93 | 1.43 |
| Investments | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| 4.97 | 5.37 | 8.37 | 25.77 | 29.57 | 35.21 | |
| Total Assets | 8.15 | 8.29 | 11.05 | 28.05 | 35.47 | 42.20 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -0.09 | 1.81 | 2.06 | -0.03 | 8.25 | |
| -0.65 | -1.17 | -0.30 | -0.13 | -3.58 | |
| -0.81 | -0.47 | 0.79 | 12.29 | -0.01 | |
| Net Cash Flow | -1.55 | 0.17 | 2.55 | 12.13 | 4.67 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 30.97 | 18.66 | 0.00 | 6.47 | 0.72 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 30.97 | 18.66 | 0.00 | 6.47 | 0.72 |
| Working Capital Days | -47.88 | -67.14 | -85.73 | -41.52 | -126.52 |
| ROCE % | 51.56% | 57.02% | 24.28% | 8.96% |
Documents
Announcements
-
Statement of deviation(s) or variation(s) under Reg. 32
13 November 2024 - Arihant Academy Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Financial Result Updates
12 November 2024 - Arihant Academy Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
12 November 2024 - Arihant Academy Limited has informed regarding Board meeting held on November 12, 2024.
-
Board Meeting Intimation
5 November 2024 - ARIHANT ACADEMY LIMITED has informed about Board Meeting to be held on 12-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of the …
-
Press Release
24 October 2024 - Arihant Academy Limited has informed regarding a press release dated October 24, 2024, titled "Signing of agreement for acquiring substantial management power and control in …
Business Overview:[1]
AAL is a leading educational institution in Mumbai, Maharashtra, offering coaching services for students from Class 8 to 12 across various boards, with specialized programs for Science and Commerce streams. It also prepares students for competitive exams through its 20+ coaching centers, serving around 10,000 students with a hybrid teaching model that blends traditional classroom instruction with digital learning.