Arihant Superstructures Ltd - Stock Valuation and Financial Performance

BSE: 506194 | NSE: ARIHANTSUP | Construction - Real Estate | Small Cap

Arihant Superstruct. Share Price

328.30 2.10 0.64%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Arihant Superstruct.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Arihant Superstructures stock performance -

mw4me loader
P/E Ratio (CD):
35.66
Market Cap:
1,353.3 Cr.
52-wk low:
157.8
52-wk high:
416.7

Is Arihant Superstructures Ltd an attractive stock to invest in?

1. Is Arihant Superstructures Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Arihant Superstructures Ltd is a below average quality company.

2. Is Arihant Superstructures Ltd undervalued or overvalued?

The key valuation ratios of Arihant Superstructures Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Arihant Superstructures Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Arihant Superstructures Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Arihant Superstruct.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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.
Arihant Superstructures Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.1%7.5%8.5%11.8%5.9%7.8%5.1%6.2%11.6%9.1%-
Value Creation
Index
-0.6-0.5-0.4-0.2-0.6-0.5-0.6-0.6-0.2-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 100108122185188239233270331389414
Sales YoY Gr.-7.8%13.4%51%1.7%27.3%-2.6%15.9%22.5%17.7%-
Adj EPS 0.32.54.683.13.21.32.7107.69.2
YoY Gr.-668.8%87.8%72.3%-61.7%3.3%-57.8%104.5%268%-23.9%-
BVPS (₹) 12.91519.727.628.629.430.833.743.45160.6
Adj Net
Profit
1.310.11932.712.6135.511.241.231.438
Cash Flow from Ops. 49-14.2-23.8-29.514.5-81.125.412120.8-11.8-
Debt/CF from Ops. 2.6-10.3-8.9-8.719.1-4.715.22.514.4-28.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 16.3%15.7%18.7%17.7%
Adj EPS 42.2%20.1%78.9%-23.9%
BVPS16.5%12.3%18.3%17.6%
Share Price 25.9% 43.4% 112.1% 64.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.517.726.733.710.910.94.48.42616.216.5
Op. Profit
Mgn %
20.222.928.53419.822.318.417.821.119.921.2
Net Profit
Mgn %
2.710.517.219.47.87.74.75.812.5119.2
Debt to
Equity
2.42.42.62.32.43.13.12.11.71.6-
Working Cap
Days
9731,1351,2741,0461,1831,0191,108927813854553
Cash Conv.
Cycle
360499589554682583601413396420298

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.65%

Net Profit is growing at healthy rate in last 3 years 78.94%

Debt to equity has declined versus last 3 years average to 1.58

Return on Equity has declined versus last 3 years average to 16.50%

Sales growth is not so good in last 4 quarters at 5.75%

Latest Financials - Arihant Superstructures Ltd.

Standalone Consolidated
TTM EPS (₹) 5.2 9.2
TTM Sales (₹ Cr.) 103 414
BVPS (₹.) 48.3 60.6
Reserves (₹ Cr.) 158 208
P/BV 6.81 5.43
PE 63.31 35.66
From the Market
52 Week Low / High (₹) 157.75 / 416.65
All Time Low / High (₹) 2.26 / 416.65
Market Cap (₹ Cr.) 1,353
Equity (₹ Cr.) 41.2
Face Value (₹) 10
Industry PE 76.7

Management X-Ray of Arihant Superstruct.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Arihant Superstruct.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales100108122185188239233270331389
Operating Expenses 808388122151186190222261312
Manufacturing Costs0000000000
Material Costs67676694112144155183197245
Employee Cost 5678111312121619
Other Costs 8111420272924284848
Operating Profit 20253563375343487078
Operating Profit Margin (%) 20.2%22.9%28.5%34.0%19.8%22.3%18.4%17.8%21.0%19.9%
Other Income 1212145222
Interest 146410153230282126
Depreciation 1111122222
Exceptional Items 0000000000
Profit Before Tax 7193153222316204852
Tax 4810177454710
Profit After Tax 3112136151811164143
PAT Margin (%) 2.7%10.5%17.2%19.4%7.8%7.7%4.7%5.8%12.5%11.0%
Adjusted EPS (₹)0.32.54.68.03.13.21.32.710.07.6
Dividend Payout Ratio (%)79%12%19%13%16%16%0%0%0%7%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 536281114118121127139178210
Share Capital 41414141414141414141
Reserves 1221407376808698137169
Minority Interest1358101520252536
Debt129146211256277378387296299332
Long Term Debt2997178200172301316250175318
Short Term Debt9949335510577714512414
Trade Payables1081529384063536275
Others Liabilities 118168181197234171151177290381
Total Liabilities 3113864926046767257486898541,033

Fixed Assets

Gross Block7885121516171922
Accumulated Depreciation134124681012
Net Fixed Assets55541011109910
CWIP 0000000000
Investments 615918010000
Inventories130184232345361422388355447484
Trade Receivables36934512835266085
Cash Equivalents 535912151112158
Others Assets161186236203224250293287323445
Total Assets 3113864926046767257486898541,033

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 49-14-24-3014-812512121-12
PBT 7193153222316204852
Adjustment 13649152428282226
Changes in Working Capital 29-37-54-78-5-122-1380-43-82
Tax Paid 0-2-5-14-18-6-6-8-6-8
Cash Flow From Investing Activity -65-15-3-1518-8-1-1-2
Capex -2-1-10-7-3-1-1-2-3
Net Investments -54-15-4-918-10-100
Others 1211134212
Cash Flow From Financing Activity -4043931166-21-119-177
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000001290000
Interest Paid -13-6-4-9-15-32-30-28-21-26
Dividend Paid -1-1-1-4-5-20000
Others -2511444521-289-91433
Net Cash Flow 3-50-113-313-7
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.1719.7929.4936.9212.6715.358.8611.8626.0921.99
ROCE (%)11.4813.0914.0619.179.7312.339.0110.1615.2515.28
Asset Turnover Ratio0.360.310.280.340.290.340.320.380.430.41
PAT to CFO Conversion(x)16.33-1.27-1.14-0.830.93-4.52.277.560.51-0.28
Working Capital Days
Receivable Days6162342826050414768
Inventory Days390532621570686597634502442436
Payable Days5050668710999122116106102

Arihant Superstructures Ltd Stock News

Arihant Superstructures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Arihant Superstruct. on 28-Mar-2024 16:01 is ₹328.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Arihant Superstruct. stood at ₹1,353.3.
The latest P/E ratio of Arihant Superstruct. as of 28-Mar-2024 16:01 is 63.31.
The latest P/B ratio of Arihant Superstruct. as of 28-Mar-2024 16:01 is 6.81.
The 52-week high of Arihant Superstruct. is ₹416.6 and the 52-week low is ₹157.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arihant Superstruct. is ₹103.0 ( Cr.) .

About Arihant Superstructures Ltd

Arihant Superstructures founded in the year 1999 has inherited its unshakable values form Chhajer Group. Under the guidance of Chairman and Managing director Ashok Chhajer, the group has met real estate demands by continuously delivering concrete pinnacles of spatial splendor. The company is the member of Builders Association of Navi Mumbai & MCHI and now it is ISO 9001-2008 certified.

The company has played a major role in transforming the skyline of Navi Mumbai with epitomes of verve. It has a glorious clientele, a network of investors and financers, efficient supply chain and banker relations. With an uncompromising attitude in terms of quality control procedures, checks at all levels from building materials and construction methodologies to quality of skilled manpower, the company consistently aimed to create a benchmark in real estate industry. The company has left no stone unturned in providing with veritable masterpieces.

Having handled construction of more than 34 lakh square feet of vibrant lifestyle through 40 benchmark projects, the company caters to customers from all segments and income group.

Newprojects of the company:

Arihant  Aarohi -  This project, which is a 100% residential project is coming up in Padle ,Thane. The company has completed its land acquisition.

Arihant Akansha - The company for this project has acquired 25 acres land in Panvel. The project will be approved under MMRDA rental housing scheme

Awards & Citations:

Recognitions by the Industry & Society

  • Builder Information Bureau- Building Industry Leadership Award - September 2008
  • All India Achievers Foundation- Indian Achievers Award for Constructions & Design
  • Association for economic growth & social development- Bhartiya Nirman Rattan Award
  • Council for Economic growth & Research- Rashtriya Udyog Ratna Award
  •  In 2012 the Company has been awarded by Public Award for ""THE POPULAR CHOICE DEVELOPER"" at 20th Real Estate & Housing Finance Exhibition arranged by MCHI CREDAI on November 04, 2012.
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