Arihant Superstructures Ltd
Incorporated in 1994, Arihant Superstructures Ltd is in the business of real estate
development[1]
- Market Cap ₹ 1,437 Cr.
- Current Price ₹ 349
- High / Low ₹ 435 / 240
- Stock P/E 28.2
- Book Value ₹ 68.4
- Dividend Yield 0.34 %
- ROCE 16.4 %
- ROE 29.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 39.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.1%
Cons
- 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.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
70 | 100 | 108 | 122 | 185 | 188 | 239 | 233 | 270 | 331 | 389 | 504 | 470 | |
62 | 80 | 83 | 87 | 122 | 151 | 186 | 190 | 222 | 261 | 312 | 397 | 374 | |
Operating Profit | 8 | 20 | 25 | 35 | 63 | 37 | 53 | 43 | 48 | 70 | 78 | 108 | 96 |
OPM % | 11% | 20% | 23% | 29% | 34% | 20% | 22% | 18% | 18% | 21% | 20% | 21% | 20% |
1 | 1 | 2 | 1 | 2 | 1 | 4 | 5 | 2 | 2 | 2 | 7 | 3 | |
Interest | 9 | 14 | 6 | 4 | 10 | 15 | 32 | 30 | 28 | 21 | 26 | 26 | 31 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | -1 | 7 | 19 | 31 | 53 | 22 | 23 | 16 | 20 | 48 | 52 | 86 | 66 |
Tax % | 400% | 60% | 40% | 33% | 32% | 34% | 19% | 29% | 21% | 15% | 18% | 20% | |
-3 | 3 | 11 | 21 | 36 | 15 | 18 | 11 | 16 | 41 | 43 | 69 | 51 | |
EPS in Rs | -0.72 | 0.32 | 2.46 | 4.63 | 7.97 | 3.05 | 3.15 | 1.33 | 2.71 | 10.04 | 10.37 | 16.82 | 12.38 |
Dividend Payout % | -28% | 79% | 12% | 19% | 13% | 16% | 16% | 0% | 0% | 0% | 5% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 16% |
3 Years: | 23% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 49% |
5 Years: | 40% |
3 Years: | 84% |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 68% |
3 Years: | 25% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 26% |
Last Year: | 30% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 |
Reserves | 11 | 12 | 21 | 40 | 73 | 76 | 80 | 86 | 98 | 137 | 169 | 216 | 241 |
125 | 129 | 146 | 211 | 256 | 277 | 378 | 387 | 296 | 299 | 332 | 477 | 556 | |
74 | 129 | 179 | 201 | 235 | 282 | 226 | 234 | 255 | 377 | 491 | 462 | 540 | |
Total Liabilities | 251 | 311 | 386 | 492 | 604 | 676 | 725 | 748 | 689 | 854 | 1,033 | 1,197 | 1,378 |
4 | 5 | 5 | 5 | 13 | 27 | 11 | 20 | 20 | 21 | 22 | 21 | 53 | |
CWIP | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 6 | 1 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
242 | 300 | 380 | 482 | 591 | 648 | 715 | 728 | 668 | 834 | 1,011 | 1,176 | 1,325 | |
Total Assets | 251 | 311 | 386 | 492 | 604 | 676 | 725 | 748 | 689 | 854 | 1,033 | 1,197 | 1,378 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-104 | 49 | -14 | -24 | -30 | 14 | -81 | 25 | 121 | 21 | -12 | -126 | |
-7 | -6 | 5 | -15 | -3 | -15 | 18 | -8 | -1 | -1 | -2 | 5 | |
93 | -40 | 4 | 39 | 31 | 1 | 66 | -21 | -119 | -17 | 7 | 128 | |
Net Cash Flow | -18 | 3 | -5 | 0 | -1 | 1 | 3 | -3 | 1 | 3 | -7 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 12 | 22 | 28 | 66 | 99 | 43 | 55 | 35 | 66 | 80 | 75 |
Inventory Days | 4,203 | 3,877 | ||||||||||
Days Payable | 683 | 577 | ||||||||||
Cash Conversion Cycle | 0 | 12 | 22 | 28 | 66 | 99 | 43 | 3,575 | 3,335 | 66 | 80 | 75 |
Working Capital Days | 841 | 569 | 639 | 759 | 680 | 641 | 675 | 729 | 534 | 478 | 476 | 522 |
ROCE % | 6% | 11% | 13% | 14% | 19% | 10% | 12% | 9% | 10% | 14% | 14% | 16% |
Documents
Announcements
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Reconciliation Of Share Capital Audit Report For The Quarter Ended 30Th September 2024
28 Oct - Share capital audit report for Q2 2024 submitted.
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 Oct - Investor Earning Presentation for the Quarter ended 30th September 2024
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Equity Share Capital Infusion By Arihant Superstructures Limited
26 Oct - Approval for Rs. 25 Crores Rights Issue by subsidiary.
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Disclosures Of Related Party Transaction For Half Year Ended 30Th September 2024
26 Oct - Disclosure of related party transactions for H1 2024.
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Financial Result For The Half Year Ended 30Th September 2024
26 Oct - Un-audited financial statements for Q2 FY2024 submitted.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Oct 2024TranscriptNotesPPT
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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