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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

₹91.13 1.60 (1.79%)

As on 21-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

₹91.13 1.60 (1.79%)

As on 21-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,538 Cr.
Current Price
₹91.1
52-Week Low / High
₹45 / 106
TTM EPS
₹1.1
TTM Sales
₹722 Cr.
Book Value per Share
₹10.3
P/E Ratio
83.36
Higher than its 5-year historical median
Industry PE
10.2
Price to Book (P/B)
8.83
Higher than its 5-year historical median
Price to Sales (P/S)
2.13
Higher than its 5-year historical median
EV/EBITDA
32.92
Higher than its 5-year historical median
Dividend Yield
0.12%
Profitability Efficiency
Return on Equity (ROE)
9.46%
In line with industry median
Return on Capital Employed (ROCE)
14.82%
Outperforms industry median
Return on Assets (ROA)
4.32%
Operating Profit Margin
7.6%
Net Profit Margin
2.5%
Gross Profit Margin
4%
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)
-
27.13%
Net Profit Growth (1 Year)
-
68.85%
Asset Quality
Promoter Holding
69.77%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹158 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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Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Arfin India Ltd a good quality company?
Arfin India Ltd is a weak quality company, based on a inconsistent 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 %, compared to the industry median CAGR of 0%, indicating stable growth and maintaining 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 27.2% 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 not performed well majority of the past ten years indicating its past ten year financial track record is not 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 27.3% 69.6% 32.8% 94.1%

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 - Consolidated

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'24Mar'25Mar'26
Sales535616618
Operating Expenses + 505579572
Manufacturing Costs323330
Material Costs439510504
Employee Cost 878
Other Costs 262930
Operating Profit 303646
Operating Profit Margin (%) 5.6%5.9%7.5%
Other Income + 221
Exceptional Items 000
Interest 192019
Depreciation 445
Profit Before Tax 101424
Tax 158
Profit After Tax 8915
PAT Margin (%) 1.5%1.5%2.5%
Adjusted EPS (₹)0.50.50.9
Dividend Payout Ratio (%)0%0%12%
PARTICULARSMar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 96157170
Share Capital 161717
Reserves 80140153
Debt +110105122
Long Term Debt282317
Short Term Debt8382105
Minority Interest000
Trade Payables666359
Others Liabilities 131921
Total Liabilities 285344371

Fixed Assets

Net Fixed Assets +666474
Gross Block8790105
Accumulated Depreciation222631
CWIP 040
Investments 000
Inventories149182223
Trade Receivables535230
Cash Equivalents 269
Others Assets 153635
Total Assets 285344371
PARTICULARSMar'24Mar'25Mar'26
Cash Flow From Operating Activity + 5-2122
PBT 101424
Adjustment 222323
Changes in Working Capital -25-56-21
Tax Paid -3-2-3
Cash Flow From Investing Activity + -4-8-15
Capex -3-2-15
Net Investments -0-3-4
Others 0-34
Cash Flow From Financing Activity + -830-8
Net Proceeds from Shares 0530
Net Proceeds from Borrowing -5-2-10
Interest Paid -18-20-19
Dividend Paid 00-2
Others 15-023
Net Cash Flow -70-0
PARTICULARSMar'24Mar'25Mar'26
Ratios
ROE (%)8.567.249.46
ROCE (%)13.1113.9814.82
Asset Turnover Ratio2.182.251.99
PAT to CFO Conversion(x)0.63-2.331.47
Working Capital Days
Receivable Days31.4027.2021.10
Inventory Days87.3085.20103.70
Payable Days54.6046.1044.10

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Arfin India Ltd FAQs

The current trading price of Arfin India on 21-Sep-2026 16:59 is ₹91.13.

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 20-Sep-2026 the market cap of Arfin India stood at ₹1,537.6 Cr

The latest P/E ratio of Arfin India as of 20-Sep-2026 is 95.41.

The latest P/B ratio of Arfin India as of 20-Sep-2026 is 8.95.

The 52-week high of Arfin India is ₹106.2 and the 52-week low is ₹45.05.

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 below 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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