Arthneeti

Arihant Academy Q2 FY27 Share Price & Earnings Call Analysis

₹200.00+0.98% today
Market cap
₹242 Cr
P/E
25.26
ROE
31.09%
PEG
0.38
Price to sales
3.55
Debt to equity
0.00
52W high / low
₹278 / ₹185
Sales growth (5Y)
35.13%
EBITDA margin
21.54%
Net profit margin
14.36%
Promoter holding
64.74%
Sales (last year)
₹68 Cr

Incorporated in 1998, Arihant Academy Ltd runs premium coaching classes in Mumbai for SSC, ICSE, CBSE, Science & Commerce[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Other Consumer Services
on management's own guidance

  1. PhysicswallahGood growth
    2
  2. Mach Travel SolutionsGood growth
    1
  3. Vinsys IT Serv.Good growth
    3
See all potential multibaggersWhere does Arihant Academy rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Other Consumer Services companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1Mach Travel Solutions20–40%Up 0–2%₹505 Cr25.0
2Physicswallah20–40%Flat₹37,519 Cr613.9
3Vinsys IT Serv.20–40%Flat₹900 Cr30.3
420–40%Flat₹285 Cr25.7
520–40%Flat₹250 Cr—
620–40%Flat₹65 Cr18.4

Sign up free to see every company in the sector ranking and track Arihant Academy.

Pro shows every company guiding 40%+ revenue growth →Full Other Consumer Services ranking

Financials of Arihant Academy

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Arihant Academy

Shareholding breakup across reporting periods.

Dec 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026Oct 2026
Promoters +73.00%73.00%73.00%67.54%67.54%66.64%64.74%64.74%64.74%64.74%
FIIs +0.08%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public +26.93%27.00%27.00%32.46%32.46%33.36%35.26%35.26%35.26%35.26%
No. of Shareholders871419351467349288370371416415

Financials of Arihant Academy

Quarterly Results

Quarter-by-quarter operating performance

Sep 2022Dec 2022Sep 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +12.975.9221.8510.8311.019.798.9317.2538.4813.9515.6819.8318.65
Expenses +10.795.1718.579.718.848.038.3914.8931.6211.3910.4316.7114.91
Operating Profit2.180.753.281.122.171.760.542.366.862.565.253.123.74
OPM %16.81%12.67%15.01%10.34%19.71%17.98%6.05%13.68%17.83%18.35%33.48%15.73%20.05%
Other Income +0.040.020.570.350.210.401.060.900.950.550.420.460.49
Interest0.010.000.010.000.010.000.010.030.000.000.000.000.00
Depreciation0.300.170.810.410.400.480.580.722.150.800.791.081.07
Profit before tax1.910.603.031.061.971.681.012.515.662.314.882.503.16
Tax %24.61%25.00%23.10%24.53%22.34%29.76%5.94%21.91%20.49%22.94%31.76%18.00%22.47%
Net Profit +1.420.462.320.791.531.170.951.964.501.773.322.052.45
EPS in Rs1.610.381.920.651.260.970.791.623.721.462.741.692.02

Financials of Arihant Academy

Profit & Loss

Annual income statement trend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +19.2114.0815.2023.1230.3240.5663.4368.11
Expenses +17.8511.9512.0420.2428.3634.9749.3253.44
Operating Profit1.362.133.162.881.965.5914.1114.67
OPM %7.08%15.13%20.79%12.46%6.46%13.78%22.24%21.54%
Other Income +0.010.020.110.381.232.021.511.92
Interest0.080.060.040.030.040.030.050.00
Depreciation0.640.580.530.911.361.873.103.74
Profit before tax0.651.512.702.321.795.7112.4712.85
Tax %35.38%25.83%25.56%35.78%13.97%22.24%26.94%
Net Profit +0.421.132.011.491.554.459.119.59
EPS in Rs1.231.283.687.537.91
Dividend Payout %0.00%0.00%0.00%0.00%39.10%13.62%13.30%

Financials of Arihant Academy

Balance Sheet

Capital structure and asset base

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital0.010.010.016.066.066.066.066.06
Reserves1.782.904.9213.6015.1518.9927.4930.77
Borrowings +0.900.491.280.000.000.000.000.00
Other Liabilities +5.464.894.848.3913.7318.3523.8233.33
Total Liabilities8.158.2911.0528.0534.9443.4057.3770.16
Fixed Assets +3.172.912.672.284.979.9319.6823.17
CWIP0.000.000.000.000.932.543.370.80
Investments0.010.010.010.000.009.799.8611.65
Other Assets +4.975.378.3725.7729.0421.1424.4634.54
Total Assets8.158.2911.0528.0534.9443.4057.3770.16

Financials of Arihant Academy

Cash Flows

Operating, investing and financing cash movement

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-0.091.812.06-0.038.255.9110.39
Cash from Investing Activity +-0.65-1.17-0.30-0.13-3.58-16.89-12.96
Cash from Financing Activity +-0.81-0.470.7912.29-0.01-0.63-0.65
Net Cash Flow-1.550.172.5512.134.67-11.61-3.23
Free Cash Flow-0.741.501.76-1.343.28-2.54-3.29
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit7%104%87%27%493%131%100%

Financials of Arihant Academy

Ratios

Working capital efficiency and return ratios

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days30.9718.660.006.470.726.9341.60
Inventory Days
Days Payable
Cash Conversion Cycle30.9718.660.006.470.726.9341.60
Working Capital Days-55.48-72.59-116.46-41.52-126.52-104.12-60.19
ROCE %51.56%57.02%24.28%8.96%24.82%42.73%

Continue your research

What Arihant Academy's management said in earlier quarters

Others in Other Consumer Services this season

  • NIIT Learning (Q2 FY27)

    Net Revenue in Q2 FY27: INR 5,286 million, up 11% YoY from INR 4,757 million in Q2 FY26 (Page 7). Key investor presentation takeaways from NIIT Learning Systems

  • NIIT (Q2 FY27)

    AI revenues have grown from 9% to 12.4% of total revenue, indicating strong traction and a key growth driver. Key concall takeaways from NIIT Ltd's Q2 FY27…

  • Tree House Education & Accessories (Q2 FY27)

    Year-on-year change in quarterly revenue: approximately -21.9% decline (82.63 vs 105.84 lakhs) . Key results statement takeaways from Tree House Education & Acc

  • Zee Learn (Q2 FY27)

    Proceeds from issue of equity shares (including securities premium) amounting to ₹330.07 lakhs (page 11). Key results statement takeaways from Zee Learn Ltd's Q

Compare:vs Physicswallahvs SISvs Shanti Educational Initiatives