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Last Updated on: 21 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Arihant Foundations & Housing Ltd

About the Company - Arihant Foundations & Housing Ltd

Arihant Foundations & Housing Ltd. is a Public Limited Listed company incorporated on 06/03/1992 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L70101TN1992PLC022299 and registration number is 022299. Currently Company is involved in the business activities of Real estate activities with own or leased property. Company’s Total Operating Revenue is Rs. 48.35 Cr. and Equity Capital is Rs. 8.60 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & EngineeringNo.3 (Old No.25), Ganapathy Colony, 3rd lane, Chennai (Madras) Tamil Nadu 600018investors@arihants.co.in
https://www.arihantspaces.com
Management
NamePosition Held
Mr. Kamal LunawathChairman & Managing Director
Mr. Vimal LunawathWholeTime Director & CFO
Mr. Bharat M JainWhole Time Director
Mrs. Ann GonsalvezIndependent Director
Mr. Prateek KhichaIndependent Director
Mr. Karan BhasinIndependent Director

Arihant Foundations & Housing Ltd. Share Price Update

Share PriceValue
Today₹122.95
Previous Day₹124.60

Basic Stock Data of Arihant Foundations & Housing Ltd

Last Updated: April 6, 2024, 9:25 am

Market Cap 114 Cr.
Current Price 132
High / Low144/35.2
Stock P/E7.79
Book Value 211
Dividend Yield0.00 %
ROCE8.61 %
ROE6.75 %
Face Value 10.0

Data Source: screener.in

Competitors of Arihant Foundations & Housing Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ahluwalia Contracts (India) Ltd 7,367 Cr. 1,1001,276/49129.8 1990.04 %24.7 %17.0 % 2.00
Tantia Constructions Ltd 505 Cr. 32.649.2/8.8554.7 16.00.00 %0.05 %0.94 % 1.00
Poddar Housing & Development Ltd 77.7 Cr. 107161/82.0 1390.00 %3.95 %34.9 % 10.0
SS Infrastructure Development Consultants Ltd (SSINFRA) 6.80 Cr. 4.807.20/4.60 32.40.00 %2.48 %9.56 % 10.0
AMJ Land Holdings Ltd 155 Cr. 37.745.8/22.119.4 40.00.52 %6.86 %4.22 % 2.00
Industry Average1,622.30 Cr256.4220.7885.280.11%7.61%13.32%5.00

Arihant Foundations & Housing Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales9.4334.268.8820.6925.9027.3317.4622.8010.4013.6136.989.1632.50
Expenses8.3947.079.6727.5126.9422.0713.1414.826.6316.2132.036.0119.60
Operating Profit1.04-12.81-0.79-6.82-1.045.264.327.983.77-2.604.953.1512.90
OPM %11.03%-37.39%-8.90%-32.96%-4.02%19.25%24.74%35.00%36.25%-19.10%13.39%34.39%39.69%
Other Income2.5212.153.533.110.874.314.853.054.398.063.093.343.24
Interest1.946.945.791.091.542.648.392.386.443.454.154.615.09
Depreciation0.100.090.090.080.080.110.070.090.100.060.080.080.08
Profit before tax1.52-7.69-3.14-4.88-1.796.820.718.561.621.953.811.8010.97
Tax %82.89%-8.97%-1.91%-2.66%-41.34%11.73%146.48%26.99%41.98%-60.00%37.80%35.56%17.32%
Net Profit0.26-8.38-3.20-5.01-2.536.02-0.336.250.943.122.371.169.07
EPS in Rs1.45-10.07-1.77-3.00-1.214.811.176.991.082.352.761.3510.55

Last Updated: April 6, 2024, 9:25 am

Arihant Foundations & Housing Ltd Quarterly Chart

Arihant Foundations & Housing Ltd Profit & Loss

MonthSep 2011Sep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales182.78217.20137.4299.08125.1668.0065.6279.9946.8456.4782.8064.2770.15
Expenses189.52210.18146.61109.78129.1763.6264.5181.8365.1362.2286.1950.7860.88
Operating Profit-6.747.02-9.19-10.70-4.014.381.11-1.84-18.29-5.75-3.3913.499.27
OPM %-3.69%3.23%-6.69%-10.80%-3.20%6.44%1.69%-2.30%-39.05%-10.18%-4.09%20.99%13.21%
Other Income17.018.542.513.1911.2613.1021.0430.9531.0616.3611.8020.3218.88
Interest7.838.2614.5513.1720.0523.4418.9924.3917.6123.3111.0620.6518.65
Depreciation0.630.620.670.911.761.111.030.740.620.460.350.320.32
Profit before tax1.816.68-21.90-21.59-14.56-7.072.133.98-5.46-13.16-3.0012.849.18
Tax %50.28%27.69%15.25%13.52%16.55%2.69%166.20%74.12%-29.67%-21.58%-57.67%22.35%
Net Profit0.904.84-18.56-18.66-12.22-6.89-1.401.03-7.08-15.99-4.749.977.59
EPS in Rs1.055.63-21.58-21.70-13.50-8.01-3.07-2.92-7.84-11.69-1.1611.597.54
Dividend Payout %95.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Arihant Foundations & Housing Ltd Profit & Loss Yearly Chart

Arihant Foundations & Housing Ltd Growth

Compounded Sales Growth
10 Years:-11%
5 Years:0%
3 Years:11%
TTM:18%
Compounded Profit Growth
10 Years:7%
5 Years:55%
3 Years:39%
TTM:36%
Stock Price CAGR
10 Years:16%
5 Years:35%
3 Years:92%
1 Year:241%
Return on Equity
10 Years:-5%
5 Years:-3%
3 Years:0%
Last Year:7%

Last Updated: April 6, 2024, 9:25 am

Arihant Foundations & Housing Ltd Balance Sheet

MonthSep 2011Sep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital9999999999999
Reserves18617915914114017114215110291109169173
Borrowings12894153192235151176153402334338175122
Other Liabilities14819420918921913411156142124152139179
Total Liabilities471475529531603465437368654558607492483
Fixed Assets293638133412119819202020
CWIP0000000000000
Investments881617304543353333333322
Other Assets434431476500539408383324614506554438441
Total Assets471475529531603465437368654558607492483

Arihant Foundations & Housing Ltd Reserves and Borrowings Chart

Arihant Foundations & Housing Ltd Cash Flow

MonthSep 2011Sep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 3682-495-38-4-1-28-220147-34147
Cash from Investing Activity 8-16-2-0-24208432933020
Cash from Financing Activity -41-6153540-16-2-20209-1666-146
Net Cash Flow34310-22-15-618-16121

Arihant Foundations & Housing Ltd Financial Efficiency Indicators

MonthSep 2011Sep 2012Sep 2013Dec 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days155.86109.99245.95130.30232.57264.14456.00199.36321.99272.89192.59251.93
Inventory Days368.983,996.152,833.552,009.624,071.87
Days Payable142.441,230.37718.92880.742,738.35
Cash Conversion Cycle155.86109.99472.50130.302,998.35264.142,570.62199.36321.991,401.771,526.12251.93
Working Capital Days423.67164.85342.02421.73475.67725.97571.47601.091,737.961,044.52620.24484.15
ROCE %3.03%4.94%-2.40%-2.54%1.46%4.55%6.33%5.49%0.70%2.22%1.73%8.61%

Arihant Foundations & Housing Ltd Financial Efficiency Indicators Chart

Arihant Foundations & Housing Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters42.87%42.87%42.87%42.87%42.87%42.87%42.87%42.87%42.87%42.87%42.87%42.87%
FIIs8.74%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public48.39%57.13%57.13%57.13%57.13%57.13%57.14%57.14%57.14%57.14%57.14%57.13%
No. of Shareholders2,4152,6182,7043,6843,6063,5113,2703,2153,1562,9893,1493,136

Arihant Foundations & Housing Ltd Shareholding Pattern Chart

No. of Arihant Foundations & Housing Ltd Shareholders

This stock is not held by any mutual fund

Arihant Foundations & Housing Ltd ROCE Trend

Arihant Foundations & Housing Ltd EPS Trend

Arihant Foundations & Housing Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)11.60-5.51-18.60-8.231.20
Diluted EPS (Rs.)11.60-5.51-18.60-8.231.20
Cash EPS (Rs.)11.97-5.18-18.18-7.582.20
Book Value[Excl.RevalReserv]/Share (Rs.)206.87101.2280.41109.82195.25
Book Value[Incl.RevalReserv]/Share (Rs.)206.87101.2280.41109.82195.25
Revenue From Operations / Share (Rs.)74.7396.2765.6754.4793.01
PBDIT / Share (Rs.)39.319.7012.2214.7633.98
PBIT / Share (Rs.)38.949.2911.6914.0433.12
PBT / Share (Rs.)14.92-3.58-15.41-6.424.76
Net Profit / Share (Rs.)11.60-5.59-18.71-8.301.34
NP After MI And SOA / Share (Rs.)11.60-1.16-11.69-7.84-2.92
PBDIT Margin (%)52.6010.0718.6127.0936.53
PBIT Margin (%)52.109.6417.8025.7735.60
PBT Margin (%)19.97-3.71-23.47-11.785.12
Net Profit Margin (%)15.51-5.80-28.49-15.231.43
NP After MI And SOA Margin (%)15.51-1.20-17.79-14.39-3.13
Return on Networth / Equity (%)5.60-0.85-10.05-6.09-1.56
Return on Capital Employeed (%)10.343.843.533.719.51
Return On Assets (%)2.02-0.16-1.80-1.03-0.68
Long Term Debt / Equity (X)0.760.911.981.910.81
Total Debt / Equity (X)0.792.503.073.440.81
Asset Turnover Ratio (%)0.110.100.060.040.15
Current Ratio (X)1.650.901.251.222.95
Quick Ratio (X)0.840.660.900.881.38
Interest Coverage Ratio (X)1.640.750.450.721.20
Interest Coverage Ratio (Post Tax) (X)1.480.560.300.591.05
Enterprise Value (Cr.)145.28283.76285.64357.09163.83
EV / Net Operating Revenue (X)2.263.435.067.622.05
EV / EBITDA (X)4.3034.0127.1728.135.61
MarketCap / Net Operating Revenue (X)0.510.330.250.270.34
Price / BV (X)0.180.230.140.110.17
Price / Net Operating Revenue (X)0.510.330.250.270.34
EarningsYield0.30-0.03-0.69-0.51-0.09

Arihant Foundations & Housing Ltd Profitability Ratios (%)

Arihant Foundations & Housing Ltd Liquidity Ratios

Arihant Foundations & Housing Ltd Liquidity Ratios (%)

Arihant Foundations & Housing Ltd Interest Coverage Ratios (%)

Arihant Foundations & Housing Ltd Valuation Ratios

Fair Value of Arihant Foundations & Housing Ltd Stock

Fair Value: 113.17

The stock is overvalued by 14.27% compared to the current price ₹132

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness of Arihant Foundations & Housing Ltd Stock

StrengthWeakness
    1. The stock has a low average ROCE of 2.84%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 402.74, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 159.34, which may not be favorable.
    4. The company has higher borrowings (204.08) compared to reserves (147.15), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (99.68) and profit (-3.86).

    FAQ

    What is the latest fair value of Arihant Foundations & Housing Ltd?

    The latest fair value of Arihant Foundations & Housing Ltd is 113.17.

    What is the Market Cap of Arihant Foundations & Housing Ltd?

    The Market Cap of Arihant Foundations & Housing Ltd is 114 Cr..

    What is the current Stock Price of Arihant Foundations & Housing Ltd as on 17 April 2024?

    The current stock price of Arihant Foundations & Housing Ltd as on 17 April 2024 is 132.

    What is the High / Low of Arihant Foundations & Housing Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Arihant Foundations & Housing Ltd stocks is ₹144/35.2.

    What is the Stock P/E of Arihant Foundations & Housing Ltd?

    The Stock P/E of Arihant Foundations & Housing Ltd is 7.79.

    What is the Book Value of Arihant Foundations & Housing Ltd?

    The Book Value of Arihant Foundations & Housing Ltd is 211.

    What is the Dividend Yield of Arihant Foundations & Housing Ltd?

    The Dividend Yield of Arihant Foundations & Housing Ltd is 0.00 %.

    What is the ROCE of Arihant Foundations & Housing Ltd?

    The ROCE of Arihant Foundations & Housing Ltd is 8.61 %.

    What is the ROE of Arihant Foundations & Housing Ltd?

    The ROE of Arihant Foundations & Housing Ltd is 6.75 %.

    What is the Face Value of Arihant Foundations & Housing Ltd?

    The Face Value of Arihant Foundations & Housing Ltd is 10.0.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Arihant Foundations & Housing Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE