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ARIH

Arihant SuperstructuresNSEI:ARIHANTSUP Stock Report

Market Cap

₹7.8b

7D

6.4%

1Y

621.0%

Updated

25 Nov, 2021

Data

Company Financials
ARIHANTSUP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

ARIHANTSUP Stock Overview

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

Arihant Superstructures Competitors

Kolte-Patil Developers

BSE:532924

₹23.8b

Ashiana Housing

BSE:523716

₹19.5b

KBC Global

NSEI:KARDA

₹10.5b

Sumit Woods

NSEI:SUMIT

₹333.4m

Price History & Performance

Summary of all time highs, changes and price drops for Arihant Superstructures
Historical stock prices
Current Share Price₹187.45
52 Week High₹191.00
52 Week Low₹24.50
Beta0.86
1 Month Change7.61%
3 Month Change71.34%
1 Year Change620.96%
3 Year Change267.19%
5 Year Changen/a
Change since IPO79.72%

Recent News & Updates

Aug 21
It's Unlikely That Arihant Superstructures Limited's (NSE:ARIHANTSUP) CEO Will See A Huge Pay Rise This Year

It's Unlikely That Arihant Superstructures Limited's (NSE:ARIHANTSUP) CEO Will See A Huge Pay Rise This Year

Performance at Arihant Superstructures Limited ( NSE:ARIHANTSUP ) has been reasonably good and CEO Ashokkumar Chhajer...

Shareholder Returns

ARIHANTSUPIN Real EstateIN Market
7D6.4%-1.6%-0.6%
1Y621.0%118.7%47.7%

Return vs Industry: ARIHANTSUP exceeded the Indian Real Estate industry which returned 118.2% over the past year.

Return vs Market: ARIHANTSUP exceeded the Indian Market which returned 48% over the past year.

Price Volatility

Is ARIHANTSUP's price volatile compared to industry and market?
ARIHANTSUP volatility
ARIHANTSUP Average Weekly Movement6.4%
Real Estate Industry Average Movement7.0%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

Stable Share Price: ARIHANTSUP is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ARIHANTSUP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19839Ashokkumar Chhajerhttps://www.asl.net.in

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 acquisition of land, planning, execution, construction, and marketing of projects. Its projects include residential properties, studios, apartments, and lands, as well as 1, 2, 3, and 4 BHK flats.

Arihant Superstructures Fundamentals Summary

How do Arihant Superstructures's earnings and revenue compare to its market cap?
ARIHANTSUP fundamental statistics
Market Cap₹7.78b
Earnings (TTM)₹349.44m
Revenue (TTM)₹3.69b

22.3x

P/E Ratio

2.1x

P/S Ratio

Is ARIHANTSUP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARIHANTSUP income statement (TTM)
Revenue₹3.69b
Cost of Revenue₹2.41b
Gross Profit₹1.28b
Expenses₹926.71m
Earnings₹349.44m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.49
Gross Margin34.60%
Net Profit Margin9.47%
Debt/Equity Ratio164.5%

How did ARIHANTSUP perform over the long term?

See historical performance and comparison

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: ARIHANTSUP (₹187.45) is trading below our estimate of fair value (₹440.84)

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


Price To Earnings Ratio

PE vs Industry: ARIHANTSUP is good value based on its PE Ratio (22.3x) compared to the Indian Real Estate industry average (25x).

PE vs Market: ARIHANTSUP is poor value based on its PE Ratio (22.3x) compared to the Indian market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ARIHANTSUP is overvalued based on its PB Ratio (4.9x) compared to the IN Real Estate industry average (1x).


Future Growth

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

35.7%

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.


Past Performance

How has Arihant Superstructures performed over the past 5 years?

-17.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARIHANTSUP has high quality earnings.

Growing Profit Margin: ARIHANTSUP's current net profit margins (9.5%) are higher than last year (1.6%).


Past Earnings Growth Analysis

Earnings Trend: ARIHANTSUP's earnings have declined by 17.6% per year over the past 5 years.

Accelerating Growth: ARIHANTSUP's earnings growth over the past year (1001.6%) exceeds its 5-year average (-17.6% per year).

Earnings vs Industry: ARIHANTSUP earnings growth over the past year (1001.6%) exceeded the Real Estate industry 0.3%.


Return on Equity

High ROE: Whilst ARIHANTSUP's Return on Equity (21.17%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Arihant Superstructures's financial position?


Financial Position Analysis

Short Term Liabilities: ARIHANTSUP's short term assets (₹6.9B) exceed its short term liabilities (₹2.9B).

Long Term Liabilities: ARIHANTSUP's short term assets (₹6.9B) exceed its long term liabilities (₹2.6B).


Debt to Equity History and Analysis

Debt Level: ARIHANTSUP's net debt to equity ratio (155.2%) is considered high.

Reducing Debt: ARIHANTSUP's debt to equity ratio has reduced from 265.8% to 164.5% over the past 5 years.

Debt Coverage: ARIHANTSUP's debt is well covered by operating cash flow (32%).

Interest Coverage: ARIHANTSUP's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ARIHANTSUP'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 ARIHANTSUP's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ARIHANTSUP'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?

6.7yrs

Average management tenure


CEO

Ashokkumar Chhajer (52 yo)

10.58yrs

Tenure

₹4,469,000

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 ($USD59.90K) is above average for companies of similar size in the Indian market ($USD39.49K).

Compensation vs Earnings: Ashokkumar's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: ARIHANTSUP's management team is seasoned and experienced (6.7 years average tenure).


Board Members

Experienced Board: ARIHANTSUP's board of directors are considered experienced (3.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Arihant Superstructures Limited
  • Ticker: ARIHANTSUP
  • Exchange: NSEI
  • Founded: 1983
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: ₹7.781b
  • Shares outstanding: 41.16m
  • Website: https://www.asl.net.in

Number of Employees


Location

  • Arihant Superstructures Limited
  • Arihant Aura
  • 25th Floor, B-Wing
  • Navi Mumbai
  • Maharashtra
  • 400705
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/25 16:11
End of Day Share Price2021/11/25 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.