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Arfin India Ltd (ARFIN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539151 NSE: ARFIN Aluminium & Aluminium Products | Small Cap | Arfin India Share Price

₹85.75 -1.59 (-1.82%)

As on 01-Sep'26 16:59

Arfin India Ltd (ARFIN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539151 NSE: ARFIN Aluminium & Aluminium Products | Small Cap | Arfin India Share Price

₹85.75 -1.59 (-1.82%)

As on 01-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,445 Cr.
Current Price
₹85.8
52-Week Low / High
₹32 / 106
TTM EPS
₹1
TTM Sales
₹724 Cr.
Book Value per Share
₹10.2
P/E Ratio
89.67
Higher than its 5-year historical median
Industry PE
11.3
Price to Book (P/B)
8.41
Higher than its 5-year historical median
Price to Sales (P/S)
2.00
Higher than its 5-year historical median
EV/EBITDA
33.18
Higher than its 5-year historical median
Dividend Yield
0.13%
Profitability Efficiency
Return on Equity (ROE)
8.37%
Outperforms industry median
Return on Capital Employed (ROCE)
13.98%
Outperforms industry median
Return on Assets (ROA)
3.81%
Operating Profit Margin
7.1%
Net Profit Margin
2.18%
Gross Profit Margin
3.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
1.49%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
19.39%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
48.63%
Asset Quality
Promoter Holding
69.77%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹155 Cr.
Equity
₹16.9 Cr.
Face Value
₹1
All Time Low / High
₹0.69 / 106.24

Arfin India stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Arfin India Ltd a good quality company?
Arfin India Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Arfin India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Arfin India Ltd vs industry peers?
Arfin India Ltd revenue CAGR is 15.54%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Arfin India Ltd?
Promoters hold 69.77% of the Arfin India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Arfin India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 26.9% based on the current price.

10 Year X-Ray :

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

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 28.8%30%11.7%-3.7%8.9%12.1%13.1%13.6%14%14%-
Value Creation
Index
1.11.1-0.2-1.3-0.4-0.1-0.10.0-0-0-

Growth Parameters

Sales 363471413359303526544535616625724
Sales YoY Gr.-29.7%-12.4%-13.2%-15.4%73.4%3.4%-1.6%15.1%1.5%-
Adj EPS 0.91.40.4-1.40.20.50.60.50.50.81
YoY Gr.-52.8%-70.6%-455%NA205.9%5.8%-16.4%13%61.5%-
BVPS (₹) 3.85.25.444.34.95.56.19.31010.2
Adj Net
Profit
13.121.66.4-22.62.78.28.87.38.814.116
Cash Flow from Ops. -21.6-10.113.223.51111.329.44.6-21.229.9-
Debt/CF from Ops. -2.9-9.48.64.79.99.93.825.8-5.54.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.2%15.5%4.7%1.5%
Adj EPS -0.6%37.7%15.2%61.5%
BVPS11.5%18.6%21.9%7.5%
Share Price 26.9% 69.2% 28% 155.7%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
33.231.37.6-29.94.111.310.67.978.79.5
Op. Profit
Mgn %
7.59.65.7-1.65.44.64.85.65.97.16.4
Net Profit
Mgn %
3.64.61.6-6.30.91.61.61.41.42.32.2
Debt to
Equity
1.11.21.31.71.61.51.31.30.80.8-
Working Cap
Days
1029912212915610511012012613885
Cash Conv.
Cycle
577199105101626263738532

Valuation of Arfin India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales363471413359303526544535616625
Operating Expenses + 336426389364287502518505579582
Manufacturing Costs13212423213134323330
Material Costs282371329291242438457439510515
Employee Cost 3454467877
Other Costs 39303245202821262930
Operating Profit 274523-6162426303643
Operating Profit Margin (%) 7.5%9.5%5.7%-1.6%5.4%4.6%4.8%5.6%5.9%6.9%
Other Income + 1112223221
Exceptional Items 0000000000
Interest 6101214111214192019
Depreciation 1223334445
Profit Before Tax 203410-2051011101421
Tax 71241111158
Profit After Tax 13227-2249108914
PAT Margin (%) 3.6%4.6%1.6%-6.0%1.3%1.8%1.9%1.5%1.5%2.2%
Adjusted EPS (₹)0.91.40.4-1.40.30.60.70.50.50.8
Dividend Payout Ratio (%)6.20%12.20%0%0%0%0%0%0%0%13.70%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 5583866568788896157168
Share Capital 4131616161616161717
Reserves 5169704952627280140152
Debt +6193112107104105106110105122
Long Term Debt5111113353835282317
Short Term Debt5682101946968708382105
Minority Interest0000000000
Trade Payables35221918485362666359
Others Liabilities 10158991111131920
Total Liabilities 160213224199230247267285344369

Fixed Assets

Net Fixed Assets +21303846616265666474
Gross Block253545567477838790105
Accumulated Depreciation35710121518222631
CWIP 0101713001040
Investments 4455000008
Inventories718010396111101112149182213
Trade Receivables58765031437457535233
Cash Equivalents 3433119259
Others Assets 288513923153632
Total Assets 160213224199230247267285344369
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + -22-1013231111295-2130
PBT 203410-2151011101421
Adjustment 7111416141618222322
Changes in Working Capital -45-48130-7-14-0-25-56-11
Tax Paid -4-8-11-2001-3-2-3
Cash Flow From Investing Activity + -7-20-17-50-3-8-4-9-22
Capex -4-11-10-10-18-3-7-3-2-15
Net Investments -3-0006-0-0-0-3-12
Others 0-9-75130-10-35
Cash Flow From Financing Activity + 29304-18-12-8-14-830-8
Net Proceeds from Shares 187000000530
Net Proceeds from Borrowing -6703244-2-5-2-10
Interest Paid -6-9-12-14-11-12-14-18-20-19
Dividend Paid -1-1-3000000-2
Others 242618-7-251315-023
Net Cash Flow 0-0-00-007-70-0
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)33.1231.637.83-28.926.1112.7112.548.957.248.37
ROCE (%)28.830.0211.65-3.668.9112.1413.0613.6213.9813.98
Asset Turnover Ratio2.912.932.211.951.622.552.432.252.252.03
PAT to CFO Conversion(x)-1.69-0.451.86N/A2.751.222.90.63-2.332.14
Working Capital Days
Receivable Days4144.8047.5035.9038.703538.2032.5027.2021.60
Inventory Days59.9050.6069.2088.3010963.9062.3076.5085.2099.70
Payable Days52.802822.4023.2049.904245.9053.1046.1043.20

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Arfin India Ltd FAQs

The current trading price of Arfin India on 01-Sep-2026 16:59 is ₹85.75.

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-Aug-2026 the market cap of Arfin India stood at ₹1,445.1 Cr

The latest P/E ratio of Arfin India as of 31-Aug-2026 is 89.67.

The latest P/B ratio of Arfin India as of 31-Aug-2026 is 8.41.

The 52-week high of Arfin India is ₹106.2 and the 52-week low is ₹32.31.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arfin India is ₹724 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Arfin India Ltd is a average quality company.

The key valuation ratios of Arfin India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Arfin India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Arfin India Ltd

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