Arihant Academy Ltd
Arihant Academy Ltd. (AAL) is engaged in providing coaching services and parallel educational support vertical in the western suburbs of Mumbai, Maharashtra [1]
- Market Cap ₹ 75.6 Cr.
- Current Price ₹ 125
- High / Low ₹ 200 / 91.2
- Stock P/E 48.8
- Book Value ₹ 35.0
- Dividend Yield 0.00 %
- ROCE 9.16 %
- ROE 7.88 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.46%
- Tax rate seems low
- Earnings include an other income of Rs.1.23 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
Half Yearly 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 | 20.25 | 28.39 | |
| Operating Profit | 1.36 | 2.13 | 3.16 | 2.87 | 1.93 |
| OPM % | 7.08% | 15.13% | 20.79% | 12.41% | 6.37% |
| 0.01 | 0.02 | 0.11 | 0.38 | 1.23 | |
| Interest | 0.08 | 0.06 | 0.04 | 0.02 | 0.01 |
| 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% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | -22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 25% |
| 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 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 6.06 | 6.06 |
| Reserves | 1.78 | 2.90 | 4.92 | 13.60 | 15.15 |
| 0.90 | 0.49 | 1.28 | 0.00 | 0.00 | |
| 5.46 | 4.89 | 4.84 | 8.39 | 14.26 | |
| Total Liabilities | 8.15 | 8.29 | 11.05 | 28.05 | 35.47 |
| 3.17 | 2.91 | 2.67 | 2.28 | 4.96 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.93 |
| Investments | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| 4.97 | 5.37 | 8.37 | 25.77 | 29.58 | |
| Total Assets | 8.15 | 8.29 | 11.05 | 28.05 | 35.47 |
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 | 0.22 | 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 | 12.38 | 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 | |
| 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% |
Documents
Announcements
-
Trading Window
28 June 2024 - Arihant Academy Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
-
Trading Window-XBRL
28 June 2024 - ARIHANT ACADEMY LIMITED has informed about Closure of Trading Window
-
Statement of deviation(s) or variation(s) under Reg. 32
29 May 2024 - Arihant Academy Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Updates
28 May 2024 - Arihant Academy Limited has informed regarding 'Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 for Appointment of Internal Auditor and Secretarial Auditor'.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
28 May 2024 - ARIHANT ACADEMY LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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.