Arham Technologies Ltd (ARHAM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: ARHAM | Consumer Durables - Electronics | Small Cap

BSE Share Price
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Arham Technologies Ltd (ARHAM) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 0 | NSE: ARHAM | Consumer Durables - Electronics | Small Cap

DeciZen - make an informed investing decision on Arham Technolgy

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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Arham Technologies stock performance -

Key Ratios
mw4me loader
P/E Ratio (SA):
44.05
Market Cap:
262.3 Cr.
52-wk low:
0
52-wk high:
0

Is Arham Technologies Ltd an attractive stock to invest in?


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10 Year X-Ray of Arham Technolgy: Login to view analysis.

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.
Arham Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 12.2%30.3%35.9%25.1%22.1%20.4%-
Value Creation
Index
-0.11.21.60.80.60.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13.822.836.548.454.765.265
Sales YoY Gr.-65.1%60.3%32.8%12.9%19.1%-
Adj EPS 0.51.72.42.12.83.43.5
YoY Gr.-258.7%47.9%-13.9%32.9%23.3%-
BVPS (₹) 1.73.35.811.314.117.617.6
Adj Net
Profit
0.6233.64.75.86
Cash Flow from Ops. -0-1.4-3.6-4.24.54-
Debt/CF from Ops. -533.3-6.2-2.9-2.94.46.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA36.4%21.3%19.1%
Adj EPS NA49.5%12.1%23.3%
BVPSNA60%45.1%24.9%
Share Price - - - 11.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
27.265.853.727.12221.720
Op. Profit
Mgn %
11.915.813.412.715.517NAN
Net Profit
Mgn %
4.198.37.38.68.99.1
Debt to
Equity
3.52.11.50.60.80.9-
Working Cap
Days
01421641732102630
Cash Conv.
Cycle
01261331421852260

Recent Performance Summary

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Latest Financials - Arham Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 3.5 -
TTM Sales (₹ Cr.) 65.2 -
BVPS (₹.) 17.6 -
Reserves (₹ Cr.) 13 -
P/BV 8.79 -
PE 44.05 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 262
Equity (₹ Cr.) 16.9
Face Value (₹) 10
Industry PE 83.4

Management X-Ray of Arham Technolgy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Arham Technolgy - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Arham Technolgy

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales142336485565
Operating Expenses 121932424654
Manufacturing Costs000111
Material Costs121830404250
Employee Cost 001112
Other Costs 011122
Operating Profit 2456811
Operating Profit Margin (%) 11.9%15.8%13.4%12.7%15.5%17.0%
Other Income 001010
Interest 111122
Depreciation 100011
Exceptional Items 000000
Profit Before Tax 134578
Tax -011122
Profit After Tax 123456
PAT Margin (%) 4.1%9.0%8.3%7.3%8.9%9.1%
Adjusted EPS (₹)0.51.72.42.12.93.5
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 247192430
Share Capital 2228817
Reserves 025111513
Minority Interest000000
Debt7810121826
Long Term Debt324442
Short Term Debt46681524
Trade Payables014125
Others Liabilities 032144
Total Liabilities 101523334865

Fixed Assets

Gross Block45341212
Accumulated Depreciation111123
Net Fixed Assets 4323109
CWIP 000400
Investments 000000
Inventories3810132740
Trade Receivables231010912
Cash Equivalents 000100
Others Assets 101223
Total Assets 101523334865

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -0-1-4-454
PBT 123456
Adjustment 11-0023
Changes in Working Capital -2-5-7-8-3-5
Tax Paid 000000
Cash Flow From Investing Activity -0-01-5-31
Capex -0-0-0-5-31
Net Investments 000-0-00
Others 002000
Cash Flow From Financing Activity -12210-2-4
Net Proceeds from Shares 000800
Net Proceeds from Borrowing -4-020-1-2
Interest Paid -1-100-1-2
Dividend Paid 000000
Others 42010-0
Net Cash Flow -1-001-1-0

Finance Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)27.2165.8253.6927.1422.6722.16
ROCE (%)12.1930.2535.8825.1222.1220.41
Asset Turnover Ratio1.411.811.881.721.351.15
PAT to CFO Conversion(x)-0-0.5-1.33-110.67
Working Capital Days
Receivable Days493866786359
Inventory Days89959083134190
Payable Days12925221527

Arham Technologies Ltd Stock News

Arham Technologies Ltd FAQs

The current trading price of Arham Technolgy on 01-Jan-1970 05:30 is ₹0.00.
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 31-Dec-1969 the market cap of Arham Technolgy stood at ₹262.3.
The latest P/E ratio of Arham Technolgy as of 31-Dec-1969 is 44.05.
The latest P/B ratio of Arham Technolgy as of 31-Dec-1969 is 8.79.
The 52-week high of Arham Technolgy is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arham Technolgy is ₹65.16 ( Cr.) .

About Arham Technologies Ltd

The company was originally incorporated as Private Limited Company in the name of “Arham Techonologies Private Limited” on December 27, 2013 under the provision of the Companies Act, 1956 bearing Corporate Identification Number issued by Registrar of Companies – Chhattisgarh. Subsequently, name of the company changed to “Arham Technologies Private Limited” vide fresh Certificate of Incorporation dated February 27, 2014 bearing Corporate Identification Number issued by Registrar of Companies – Chhattisgarh. Subsequently, the company was converted into Public Limited Company under the Companies Act, 2013 and the name of the Company was changed to “Arham Technologies Limited” vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated January 11, 2022 bearing Corporate Identification Number issued by Registrar of Companies – Chhattisgarh.

Arham Technologies is engaged in manufacturing of LED Smart Televisions, with different screen sizes under its brand ‘STARSHINE’. It also manufactures Fans, Air Coolers and Mixer Grinders through third party manufacturers under its brand ‘STARSHINE’. It has network of dealers and distributors across Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh and parts of Uttar Pradesh. The company also serves under Original Equipment Manufacturer (OEM) business models for LED Televisions. Under the OEM model, it manufactures and supply products as per the requirements of its customers, who then further distribute these products under their own brands. With primary focus on quality, it has been catering to a number of regional brands in Central India. With serving Original Equipment Manufacturer (OEM), it has adopted a cost-effective pricing strategy which gives the clients an upper hand over other brands.

The company plans to add other products in its portfolio by way of white labelling, to be a part of bigger portfolio of products. However, it plans to keep its focus on sales of Smart Televisions by making schemes and offers centric to Televisions. It is also setting up a manufacturing facility for Fans at its existing locations which shall give better margin and control in supply chain, as it does not have to depend on other manufacturers for procurement. It is strategically located in Electronic Manufacturing Cluster, in new Smart City of Raipur, which is one of the very first smart cities of India. Chhattisgarh borders seven states i.e. Odisha, Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh Uttar Pradesh and Jharkhand which gives direct market access to these states. Inland port, also gives an advantage to the location, which brings down cost of import and exports as compared to busy ports like Nhava Sheva etc. Being located in central part of India, it enjoys many geographical advantages.

Business area of the company

The company is engaged in manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand 'STARSHINE'. The company also manufactures Fans, Air Coolers and Mixer Grinders through third-party manufacturers.

Key Milestones

  • 2013: Incorporation of our Company.
  • 2013: Started manufacturing of LED Televisions.
  • 2015: Started manufacturing of Ceiling Fans.
  • 2017: Acquired land in Electronic Manufacturing Cluster, Raipur, Chhattisgarh from CSIDCL on lease basis for setting up manufacturing unit of Electronics Products.
  • 2019: Started its own manufacturing unit of LED Television with production capacity of 36,000 nos. of Television per year.
  • 2020: Crossed turnover of Rs 10 crore.
  • 2021: Started manufacturing of Air Cooler, Washing Machine and Mixer Grinder.
  • 2012: Increased Production Capacity of 60,000 nos. of Television per year.
  • 2021: Crossed turnover of Rs 20 crore.
  • 2022: Increased Production Capacity of 84,000 nos. of Television per year.
  • 2022: Crossed Turnover of Rs 30 crore.
  • 2022: Setting up of own fan manufacturing unit at our existing location and a term loan of Rs 3 crore has been sanctioned by Bank of Baroda.
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