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Arihant Foundations & Housing Ltd. Stock Analysis

Small Cap
Evaluated by 126 users | BSE: 531381 | NSE: ARIHANT |
Construction - Real Estate
Arihant Foundations & Housing was incorporated in the year 1995. Since then the company has changed the skyline of Chennai, with passion for unique architectural concepts and offers citizens a sophisticated work environment with modern standard of living. The company has an excellent track...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Sep'09Sep'10Sep'11Sep'12Sep'13Dec'14Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 2.89%3.23%2.97%3.9%3.34%3.37%1.44%4.97%4.38%4.61%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 89.165.762.961.364.452.957.554.739.363
Y-o-Y Gr. Rt.--26.2%-4.3%-2.6%5.2%-17.9%8.8%-4.8%-28.2%60.2%
Adjusted EPS (Rs.) 42.972.924.763.51.2-4.931.680.51-6.8
Y-o-Y Gr. Rt.--25.8%-1.7%63%-26.5%-65.7%-510.8%NA-69.6%-1433.3%
Book Value per Share (Rs.) 198.82200.1188.43190.91192.85155.48150.63174.17174.94177.28
Adjusted Net Profit 2.82.22.54.131-4.21.40.4-5.9
Net Op. Cash Flow (Rs. Cr.) 0-13.628.231.8-16.7-24.514.83.725.1-40.1
Debt to Cash Flow from Ops 0-9.73.192.82-6.22-5.597.5637.485.34-3.25
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Arihant Foundations & Housing Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -3.8%-0.5%3.1%60.2%
Adjusted EPS -206.1%-214.2%NA-1433.3%
Book Value per Share -1.3-1.75.61.3
Share Price -10.4% -16.1% -26.7% -38.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Sep'09Sep'10Sep'11Sep'12Sep'13Dec'14Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 1.941.481.62.511.820.78-3.220.930.29-3.86
Operating Profit Margin (%) 0.111.77-7.956.511.7111.94-5.477.951.44-4
Net Profit Margin (%) 3.173.393.996.684.671.96-7.372.641.12-9.29
Debt to Equity 0.710.880.560.550.631.020.860.920.890.85
Working Capital Days 1,2121,7231,8401,8441,8511,9531,8412,3443,0621,880
Cash Conversion Cycle 619798755647695734608530959764
Entity Percentage Holding
Promoters 42.87%
Institutions 9.58%
Non-Institutions 47.55%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Arihant Foundations & Housing Ltd.'s performance infers:

Arihant Foundations & Housing Ltd. earnings have declined by -214.2%, whereas share price has depreciated -16.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Arihant Foundations & Housing Ltd. share prices over the last 10 years. Here is what we found out:

Arihant Foundations & Housing Ltd. share price has depreciated -15% annually over the past ten years.

Arihant Foundations & Housing was incorporated in the year 1995. Since then the company has changed the skyline of Chennai, with passion for unique architectural concepts and offers citizens a sophisticated work environment with modern standard of living.

The company has an excellent track record of over 25 years in the construction industry, creating a winning collaboration with leading developers like Unitech and Foreign investors such as JP Morgan and Samsara Cap. It has partnered

Arihant Foundations & Housing was incorporated in the year 1995. Since then the company has changed the skyline of Chennai, with passion for unique architectural concepts and offers citizens a sophisticated work environment with modern standard of living.

The company has an excellent track record of over 25 years in the construction industry, creating a winning collaboration with leading developers like Unitech and Foreign investors such as JP Morgan and Samsara Cap. It has partnered with global industry leaders for construction such as Larsen and Turbo, Consolidated Construction Consortium and Simplex Projects. Arihant also has alliances with international players for architecture and landscaping - Architects Team 3, Taib Landscape Studio, PDAA Landscape Designers, CPG Consultants. With development of over six million sq.ft across residential and commercial space and another sixteen million sq.ft of forthcoming projects in the next four years, the company is still transforming lives through innovative change

Arihant Foundations and Housing is a public limited company listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) where it enjoys the trust of retail, high net worth and institutional investors thanks to its one of the best dividend paying track-record in the real estate sector.

Arihant's properties such as Arihant Trade Centre, Arihant Ocean Tower, Arihant Majestic Towers and Arihant Vaikunt, are the prestigious landmarks of Chennai today. Arihant Trade Centre won the 'Project of the Year' award of Government of Maharashtra in 1995. Arihant Majestic Towers is one of the largest residential complexes in Tamil Nadu, while Arihant Ocean Tower is one of the tallest residential complexes in Chennai. Arihant develops customized IT parks since late nineties and caters to the plug & play building needs of the booming IT and ITeS industry. It has created world class IT parks with built-in intelligence, aesthetic designs and landscaped surroundings for leading high-tech organizations like Verizon, Syntel, Hutch, HCL Technologies, Sterling Infotech, Ajuba Solutions, etc. Arihant E-Park and Arihant Technopolis showcase the Arihant e-dge and competency in designing high-performance technology workspaces.

Arihant has been among the first few to bring in the concept of multi-storey buildings in Chennai. It plans to consolidate and remain focused on the lucrative southern markets -- Chennai, Coimbatore, Madurai, Vijayawada and Hyderabad.

The company has completed more than 3500 residential units and plans to develop sixteen million sq ft within the next four years catering to the high and exclusive villa segments as well as the middle and upper middle segments. With extensive networking and sourcing capabilities, it ensures better project management and control. There is constant tracking of consumer trends and buying patterns to create new business opportunities.

Business areas of the company:

Arihant caters to building segments such as villas, apartments, IT parks, hotels, shopping malls, multiplexes, developed plots and commercial buildings. It has a great ability to serve a diverse range of clients from individual home buyers to commercial clients to multi-unit investors.

Partners:

• JPMorgan - In a 50:50 SPV for a 45 acres villa development project on GST

• Unitech - In a 50:50 SPV for a 45 acres joint development on OMR  

• Samsara - In an SPV for a 4.7 million sq ft of mixed development in Vijaywada, Andhra Pradesh  

Clients:

Verizon, Dupont, Malaysian Airlines, NSE, HCL, Vodafone, ICICI, Sterling Groups

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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