BSE:506194

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Arihant Superstructures

Executive Summary

Arihant Superstructures Limited operates as a real estate development company in India. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.


Similar Companies

Share Price & News

How has Arihant Superstructures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 506194's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.0%

506194

-2.9%

IN Real Estate

-1.1%

IN Market


1 Year Return

-22.0%

506194

-14.5%

IN Real Estate

-1.4%

IN Market

Return vs Industry: 506194 underperformed the Indian Real Estate industry which returned -14.5% over the past year.

Return vs Market: 506194 underperformed the Indian Market which returned -1.4% over the past year.


Shareholder returns

506194IndustryMarket
7 Day-2.0%-2.9%-1.1%
30 Day-14.9%4.4%2.0%
90 Day-6.3%14.6%6.4%
1 Year-22.0%-22.0%-14.1%-14.5%0.4%-1.4%
3 Year-88.2%-88.5%-24.6%-25.9%-3.9%-8.6%
5 Year-53.2%-55.1%28.1%23.8%38.9%28.5%

Price Volatility Vs. Market

How volatile is Arihant Superstructures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Arihant Superstructures undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 506194 (₹20) is trading below our estimate of fair value (₹467.56)

Significantly Below Fair Value: 506194 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 506194 is poor value based on its PE Ratio (25.9x) compared to the IN Real Estate industry average (14.3x).

PE vs Market: 506194 is poor value based on its PE Ratio (25.9x) compared to the Indian market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 506194's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 506194 is overvalued based on its PB Ratio (0.7x) compared to the IN Real Estate industry average (0.6x).


Next Steps

Future Growth

How is Arihant Superstructures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

38.5%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Arihant Superstructures has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Arihant Superstructures performed over the past 5 years?

-24.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 506194 has high quality earnings.

Growing Profit Margin: 506194's current net profit margins (1.6%) are lower than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: 506194's earnings have declined by 24.2% per year over the past 5 years.

Accelerating Growth: 506194's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 506194 had negative earnings growth (-53.8%) over the past year, making it difficult to compare to the Real Estate industry average (-4%).


Return on Equity

High ROE: 506194's Return on Equity (5.6%) is considered low.


Next Steps

Financial Health

How is Arihant Superstructures's financial position?


Financial Position Analysis

Short Term Liabilities: 506194's short term assets (₹6.7B) exceed its short term liabilities (₹2.8B).

Long Term Liabilities: 506194's short term assets (₹6.7B) exceed its long term liabilities (₹3.1B).


Debt to Equity History and Analysis

Debt Level: 506194's debt to equity ratio (256.7%) is considered high.

Reducing Debt: 506194's debt to equity ratio has increased from 250% to 256.7% over the past 5 years.

Debt Coverage: 506194's debt is not well covered by operating cash flow (19.2%).

Interest Coverage: 506194's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Arihant Superstructures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 506194's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 506194's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 506194's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 506194's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 506194 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 506194's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.3yrs

Average management tenure


CEO

Ashokkumar Chhajer (51 yo)

9.5yrs

Tenure

₹3,250,000

Compensation

Mr. Ashok Bhanwarlal Chhajer has been the Chairman and Managing Director of Arihant Superstructures Ltd. since April 01, 2011. Mr. Chhajer has been associated with the family businesses which are wide spre ...


CEO Compensation Analysis

Compensation vs Market: Ashokkumar's total compensation ($USD43.80K) is about average for companies of similar size in the Indian market ($USD54.58K).

Compensation vs Earnings: Ashokkumar's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ashokkumar Chhajer
Executive Chairman & MD9.5yrs₹3.25m44.48%
₹ 375.3m
Deepak Lohia
Chief Financial Officer0.67yr₹227.00kno data
Govind Rao
Company Secretary & Compliance Officer1.92yrs₹515.00kno data
Nimish Shah
Chief Project Officer & Whole-Time Executive Director10.5yrs₹4.17mno data
Umesh Jhawar
Vice President of Strategy & Investor Relationsno datano datano data
Ajay Purohit
Head of Civil - Jodhpur Division9.33yrsno datano data
Piyush Dosi
Executive Director of Jodhpur regionno datano datano data

9.3yrs

Average Tenure

45.5yo

Average Age

Experienced Management: 506194's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ashokkumar Chhajer
Executive Chairman & MD9.5yrs₹3.25m44.48%
₹ 375.3m
Nimish Shah
Chief Project Officer & Whole-Time Executive Director10.5yrs₹4.17mno data
Divya Momaya
Additional Woman Independent Director0.33yrno datano data
Raj Bhardwaj
Independent Director3.17yrs₹470.00kno data
Virendra Mital
Non-Executive Independent Director2.42yrs₹530.00k0.0010%
₹ 8.4k
Chandra Iyengar
Additional Woman Non-Executive Independent Directorno datano datano data

3.2yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 506194's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 506194 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Arihant Superstructures Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Arihant Superstructures Limited
  • Ticker: 506194
  • Exchange: BSE
  • Founded: 1983
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: ₹843.780m
  • Shares outstanding: 41.16m
  • Website: https://www.asl.net.in

Number of Employees


Location

  • Arihant Superstructures Limited
  • Arihant Aura
  • Floor No. 25, B-Wing
  • Navi Mumbai
  • Maharashtra
  • 400705
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
506194BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2005
ARIHANTSUPNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2005

Biography

Arihant Superstructures Limited operates as a real estate development company in India. The company’s operations comprise various aspects of real estate development comprising identification and acquisitio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:37
End of Day Share Price2020/10/29 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.