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Arihant Superstructures Ltd share Price Today

Company details

342.10
351.20
158.55
416.00
6M Return 39.52%
1Y Return 91.39%
Mkt Cap.(Cr) 1,422.70
Volume 21,517
Div Yield 0.43%
OI
-
OI Chg %
-
Volume 21,517

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Realty company Arihant Superstructures announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue for Q4FY24 stands at Rs 1,617 million against Rs 1,192 million in Q3FY24, Up by 35% on QoQ basis
  • EBITDA at Rs 362 million in Q4FY24 against Rs 263 million in Q3FY24, Up by 37% on QoQ basis
  • Profit After Tax for (PAT) in Q4FY24 at Rs 219 million against Rs 155 million in Q3FY24, Up by 41% on QoQ basis

FY24 Financial Highlights:

  • Revenue for FY24 stands at Rs 5,113 million against Rs 3,917 million in FY23, Up by 30% on YoY basis
  • EBITDA at Rs 1,144 million in FY24 against Rs 798 million in FY23, Up by 43% on YoY basis
  • Profit After Tax for (PAT) for FY24 at Rs 692 million against Rs 426 million in FY23, Up by 62% on YoY basis

Commenting on the Q4FY24 results, Ashok Chhajer, CMD, Arihant Superstructures said, “Our Business Development & Liaison teams have enabled us to acquire & receive approvals for multiple projects in FY24 which would be launched in various phases over the next 24 months:
1. World Villas in Premium housing segment at Chowk having GDV of Rs 9.5 billion
2. Arihant 7 Anaika in Affordable housing segment at Taloja having GDV of Rs 1.85 billion
3. Arihant Adarsh in Affordable housing segment at Taloja having GDV of Rs 2.7 billion
4. Arihant Avanti in Mid-Income housing segment at Shilphata having GDV of Rs 9 billion
5. Arihant Anmol in Affordable housing segment at Badlapur having GDV of Rs 0.50 billion
6. Arihant Aloki in Affordable housing segment in Karjat having GDV of Rs 0.52 billion
7. Arihant Aspire in Mid-Income housing segment at Panvel having GDV of Rs 3.5 billion

These above projects will enhance the GDV of the Company by Rs 27.57 billion to the Ongoing projects having GDV of Rs 60 billion, totaling the GDV of the Company to Rs 88 billion

The Business Development along with new acquisitions shall increase the land bank from 219 acres to 300 acres in FY24-25. The balance Sale value of projects stands at Rs 88 billion & shall increase continuously with new acquisitions

Going forward, the Product Sales mix should support a 30% CAGR across all parameters We expect a Revenue breakup as follows:

  • 35% of Total sales in Affordable housing segment
  • 35% of Total sales in Mid-Income housing segment
  • 30% of Total sales in Premium housing segment

The company continues to focus on brand positioning & skill up gradation of the work force as its top priority.” 

Result PDF

View Other Company Results

Arihant Superstructures Ltd shares SWOT Analysis

Strengths (4)

  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Increasing Revenue every quarter for the past 2 quarters
  • Book Value per share Improving for last 2 years

Weakness (4)

  • Companies with High Debt
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Companies with Increasing Debt

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 350.5
R2 355.4
R3 359.6
Pivot

346.32

S1 341.4
S2 337.2
S3 332.3
EMA SMA
338.3
339.3
331.2
302.1
332.3
344.4
347.8
291.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
NAKSHATRA GARMENTS PRIVATE LIMITED Bulk Purchase 2022-09-09 244.49 354352 NSE
NAKSHATRA GARMENTS PRIVATE LIMITED Bulk Sell 2022-09-09 247.37 259495 NSE
NAKSHATRA GARMENTS PRIVATE LIMITED Bulk Purchase 2022-08-26 200.77 280014 NSE
Name Category Shares
ASHOKKUMAR B CHHAJER PROMOTER 30.1%
SANGITA A CHHAJER PROMOTER 15.25%
PARTH ASHOKKUMAR CHHAJER PROMOTER 14.78%
BHAVIK ASHOKKUMAR CHHAJER PROMOTER 14.58%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Arihant Superstructures Ltd Stocks COMPARISON

Financials( in Cr) Arihant Superstructures Ltd DLF Ltd Godrej Properties Ltd Prestige Estates Projects Ltd Oberoi Realty Ltd
Price 345.65 856.10 3,007.30 1,983.20 1,885.80
% Change -0.87 -2.10 -0.11 -1.52 -0.21
Mcap Cr 1,422.70 211,911.46 83,615.27 79,498.95 68,568.07
Revenue TTM Cr 74.83 5,694.83 2,252.26 8,315.00 4,495.79
Net Profit TTM Cr 18.47 1,100.92 620.60 1,066.80 1,926.60
PE TTM 22.30 77.66 115.28 58.07 38.99
1 Year Return 91.39 75.00 96.97 243.11 84.85
ROCE 11.58 4.51 5.64 10.43 16.30
ROE 11.06 2.97 5.80 8.57 14.79
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 176.30 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 37,632.06 8,630.44
LAST 3M 107,380.98 -14,987.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 295,969.92 99,991.16

Arihant Superstructures Ltd Information

Stock PE (TTM)
22.3
Promoter Holding
74.71%
Book Value
61.7493
ROCE
11.58%
ROE
11.06%
Description
  • Arihant Superstructures Ltd was founded in the year 1999. The company has inherited its unshakable values form chhajer Group. Under the guidance of Chairman & Managing director Mr. Ashok Chhajer, the group has met real estate demands if the age by continuosly delivering concrete pinnacles of spatial splendour. The company is the member of Builders Association of Navi Mumbai & MCHI and now we are ISO 9001-2008 certified. The company has played a major role in transforming the skyline of Navi Mumbai with epitomes of verve. It has a glorious clientele, a network of investors & financers, efficient supply chain and banker relations. With an uncompromising attitude in terms of quality control procedures, checks at all levels from building materials and construction methodologies to qualtiy of skilled manpower, it has consistently aimed to create a benchmark in real estate industry.

Registered Address

Arihant Aura 25th Flr B-Wing, Plot-13/1 TTC Indl Area Turbhe, Navi Mumbai, Maharashtra, 400705

Tel : 91-22-62493333
Email : investor:asl.net.in; cs:asl.net.in
Website : http://www.asl.net.in
Registrar

Adroit Corp. Services Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 506194
NSE Code : ARIHANTSUP
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE643K01018

FAQ’s on Arihant Superstructures Ltd Shares

You can buy Arihant Superstructures Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Arihant Superstructures Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 21, 2024 03:49 PM the closing price of Arihant Superstructures Ltd was Rs.345.65.

The latest PE ratio of Arihant Superstructures Ltd as of Jun 21, 2024 03:49 PM is 22.30

The latest PB ratio of Arihant Superstructures Ltd as of Jun 21, 2024 03:49 PM is 0.18

The 52-week high of Arihant Superstructures Ltd share price is Rs. 416.00 while the 52-week low is Rs. 158.55

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 Jun 21, 2024 03:49 PM, the market cap of Arihant Superstructures Ltd stood at Rs. 1,422.70 Cr.

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