Arihant Superstructures Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹895 Cr
- P/E
- 22.42
- ROE
- 13.69%
- PEG
- 8.76
- Price to sales
- 1.59
- Debt to equity
- 2.41
- 52W high / low
- ₹422 / ₹193
- Sales growth (5Y)
- 15.32%
- EBITDA margin
- 20.79%
- Net profit margin
- 8.36%
- Promoter holding
- 71.10%
- Sales (last year)
- ₹561 Cr
Incorporated in 1994, Arihant Superstructures Ltd is in the business of real estate development[1]
Guidance scorecard · Q1 FY27 call
What Arihant Superstructures Ltd's management guided
and where it ranks in Realty
RevenueQ4 FY26 call
20–40%- The company expects a 25%-30% CAGR growth in pre-sales for FY27.
- Delivery volumes are projected to exceed 2,000 units in FY27, up from 1,721 units delivered in FY26.
- Key projects contributing to deliveries in FY27 include Arihant Aalishan (Kharghar Phase-II), Arihant Aspire Della Tower, and Arihant Advika (Vashi).
- New project launches planned for FY27: additional tower in Arihant Aspire, Arihant Avanti at Shilphata, and Town Villas by Q4.
- Revenue growth expected from increased deliveries and project progress, shifting top line from Rs. 500-550 crores to around Rs. 700+ crores.
2 more points from Arihant Superstructures Ltd's call on revenue
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MarginsQ4 FY26 call
Up 2%+See what Arihant Superstructures Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- FY26-FY27 CAPEX guidance: Around Rs. 400 crores for construction across all projects.
- Additional Rs. 75 crores CAPEX expected for gymkhana and hotel development this financial year.
- Hotel development at Panvel underway: Excavation completed, brand finalization expected in Q1 FY27, with first revenues anticipated 3-3.5 years from now.
- New hotel at Khopoli recently approved; total investment ~Rs. 60 crores; timeline approximately 3 years.
- World Villas project involves capital investment of about Rs.
2 more points from Arihant Superstructures Ltd's call on capex
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FundraisingQ4 FY26 call
PlannedSee what Arihant Superstructures Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- Arihant Superstructures reported a Gross Development Value (GDV) of projects at around Rs. 14,000 crores, up from Rs. 12,500 crores the previous year.
- This increase is driven by new land acquisitions (20 acres added last year) and improved realizations across projects due to better infrastructure and airport developments.
- The company has ongoing projects with significant saleable area, including the recently launched Benita Tower in Arihant Aspire (3.82 lakh sq. ft).
- New launches planned for FY27 include Arihant Aspire (one more tower), Arihant Avanti at Shilphata, and Town Villas expected by Q4.
2 more points from Arihant Superstructures Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Realty
on management's own guidance
- Sobha LtdGood growth2
- Strong growth1
- Man Infraconstruction LtdGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Realty companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹12,035 Cr | 41.1 | |
| 2 | Sobha Ltd | 20–40% | Up 2%+ | ₹12,548 Cr | 54.4 |
| 3 | Man Infraconstruction Ltd | 20–40% | Up 2%+ | ₹4,602 Cr | 21.2 |
| 4 | 20–40% | Up 2%+ | ₹1,157 Cr | 12.7 | |
| 5 | 20–40% | Flat | ₹1.06L Cr | 25.6 | |
| 6 | 20–40% | Flat | ₹61,922 Cr | 23.4 |
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Pro shows every company guiding 40%+ revenue growth →Full Realty rankingFinancials of Arihant Superstructures Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Arihant Superstructures Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 65 | 121 | 109 | 119 | 155 | 84 | 112 | 151 | 153 | 121 | 123 | 126 | 181 |
| Expenses + | 55 | 94 | 84 | 93 | 124 | 73 | 83 | 108 | 131 | 84 | 93 | 97 | 151 |
| Operating Profit | 10 | 27 | 25 | 26 | 31 | 11 | 29 | 43 | 22 | 37 | 30 | 29 | 30 |
| OPM % | 15% | 23% | 23% | 22% | 20% | 13% | 26% | 28% | 14% | 31% | 24% | 23% | 17% |
| Other Income + | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
| Interest | 9 | 6 | 6 | 7 | 6 | 8 | 9 | 9 | 14 | 17 | 17 | 18 | 15 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 21 | 19 | 19 | 25 | 3 | 20 | 33 | 10 | 21 | 13 | 11 | 15 |
| Tax % | 86% | 18% | 14% | 17% | 29% | 23% | 21% | 24% | -11% | 25% | 26% | 25% | 23% |
| Net Profit + | 0 | 17 | 16 | 16 | 17 | 2 | 16 | 25 | 11 | 16 | 10 | 8 | 12 |
| EPS in Rs | 0.05 | 4.20 | 3.90 | 3.79 | 4.24 | 0.48 | 3.88 | 6.18 | 2.74 | 3.68 | 2.30 | 1.91 | 2.75 |
Financials of Arihant Superstructures Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 108 | 122 | 185 | 188 | 239 | 233 | 270 | 331 | 389 | 510 | 499 | 551 |
| Expenses + | 83 | 87 | 122 | 151 | 186 | 190 | 222 | 261 | 312 | 397 | 395 | 424 |
| Operating Profit | 25 | 35 | 63 | 37 | 53 | 43 | 48 | 70 | 78 | 113 | 104 | 127 |
| OPM % | 23% | 29% | 34% | 20% | 22% | 18% | 18% | 21% | 20% | 22% | 21% | 23% |
| Other Income + | 2 | 1 | 2 | 1 | 4 | 5 | 2 | 2 | 2 | 1 | 5 | 5 |
| Interest | 6 | 4 | 10 | 15 | 32 | 30 | 28 | 21 | 26 | 26 | 40 | 68 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 19 | 31 | 53 | 22 | 23 | 16 | 20 | 48 | 52 | 86 | 66 | 61 |
| Tax % | 40% | 33% | 32% | 34% | 19% | 29% | 21% | 15% | 18% | 20% | 17% | 25% |
| Net Profit + | 11 | 21 | 36 | 15 | 18 | 11 | 16 | 41 | 43 | 69 | 55 | 46 |
| EPS in Rs | 2.46 | 4.63 | 7.97 | 3.05 | 3.15 | 1.33 | 2.71 | 10.04 | 10.37 | 16.82 | 13.28 | 10.65 |
| Dividend Payout % | 12% | 19% | 13% | 16% | 16% | 0% | 0% | 0% | 5% | 7% | 11% | 2% |
Financials of Arihant Superstructures Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 43 |
| Reserves | 21 | 40 | 73 | 76 | 80 | 86 | 98 | 137 | 169 | 228 | 268 | 320 |
| Borrowings + | 146 | 211 | 256 | 277 | 378 | 387 | 296 | 299 | 332 | 477 | 738 | 874 |
| Other Liabilities + | 179 | 201 | 235 | 282 | 226 | 234 | 255 | 377 | 491 | 455 | 538 | 533 |
| Total Liabilities | 386 | 492 | 604 | 676 | 725 | 748 | 689 | 854 | 1,033 | 1,202 | 1,586 | 1,770 |
| Fixed Assets + | 5 | 5 | 13 | 27 | 11 | 20 | 20 | 21 | 22 | 21 | 94 | 104 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 21 |
| Investments | 1 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 380 | 482 | 591 | 648 | 715 | 728 | 668 | 834 | 1,011 | 1,181 | 1,488 | 1,644 |
| Total Assets | 386 | 492 | 604 | 676 | 725 | 748 | 689 | 854 | 1,033 | 1,202 | 1,586 | 1,770 |
Financials of Arihant Superstructures Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -14 | -24 | -30 | 14 | -81 | 25 | 121 | 21 | -12 | -121 | -178 | -71 |
| Cash from Investing Activity + | 5 | -15 | -3 | -15 | 18 | -8 | -1 | -1 | -2 | -1 | -80 | -27 |
| Cash from Financing Activity + | 4 | 39 | 31 | 1 | 66 | -21 | -119 | -17 | 7 | 128 | 261 | 94 |
| Net Cash Flow | -5 | 0 | -1 | 1 | 3 | -3 | 1 | 3 | -7 | 7 | 3 | -4 |
| Free Cash Flow | -15 | -24 | -30 | 7 | -84 | 24 | 119 | 19 | -15 | -122 | -254 | -101 |
| CFO/OP | -49% | -55% | -25% | 86% | -140% | 73% | 268% | 39% | -5% | -90% | -161% | -44% |
Financials of Arihant Superstructures Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 22 | 28 | 66 | 99 | 43 | 55 | 35 | 66 | 80 | 74 | 83 | 67 |
| Inventory Days | 4,203 | 3,877 | 986 | |||||||||
| Days Payable | 683 | 577 | 98 | |||||||||
| Cash Conversion Cycle | 22 | 28 | 66 | 99 | 43 | 3,575 | 3,335 | 66 | 80 | 74 | 83 | 955 |
| Working Capital Days | 473 | 661 | 571 | 438 | 558 | 618 | 472 | 341 | 463 | 473 | 672 | 694 |
| ROCE % | 13% | 14% | 19% | 10% | 12% | 9% | 10% | 14% | 14% | 16% | 11% | 11% |
Guidance history
How Arihant Superstructures Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 20–40% | Up 2%+ | Planned | Planned | Rising |
| Q1 FY26 call → | 20–40% | Up 0–2% | Planned | Planned | — |
| Q4 FY25 call → | 20–40% | Flat | Planned | None planned | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
6 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −50.6% | 5% |
| Last 6 months | −25.2% | 13% |
| Last 3 months | −21.1% | 19% |
The price is 61.1% below its all-time high of ₹530.7 (3 Jan 2025). Stocks more than 20% below their peak have their score halved, so 11 became 6.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Arihant Superstructures Ltd: 0.4 × 5 + 0.4 × 13 + 0.2 × 19 = 11, halved to 6 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Arihant Superstructures Ltd's management said in earlier quarters
- Q2 FY26 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
- Q3 FY23 earnings call →
- Q2 FY23 earnings call →
- Q1 FY23 earnings call →
- Q4 FY22 earnings call →
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