Arihant Superstructures Limited (ARIHANTSUP) AI Stock Analysis

• Market Cap: ₹12.77B
• Dividend Yield: 0.48%
• Average Volume (3M): 4.19K
• Price to Earnings (P/E): 28.0
• Beta (1Y): 1.53
• Revenue Growth: 16.36%
• EPS Growth: 28.21%
• Country: IN
• Employees: 121
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 1.41
• Shares Outstanding: 43,249,992
• 10 Day Avg. Volume: 11,498
• 30 Day Avg. Volume: 4,189
• PEG Ratio: -0.90
• Price to Book (P/B): 5.40
• Price to Sales (P/S): 3.35
• P/FCF Ratio: -5.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹293.00 ▼(-14.89% Downside)

Arihant Superstructures Limited's overall stock score reflects significant financial challenges, including high leverage and negative cash flows. Technical indicators suggest bearish momentum, while valuation metrics indicate the stock may be overvalued. These factors collectively contribute to a cautious outlook.

Positive Factors

Sustained revenue and EPS growth

Reported revenue growth (~16%) and EPS growth (~28%) point to improving top-line momentum and per-share profitability. Over a multi-month horizon this indicates durable demand for projects and improving unit economics, which supports collections and funding for ongoing development if execution holds.

Robust gross and stable operating margins

A robust gross margin alongside stable EBIT/EBITDA margins demonstrates enduring operational efficiency at the project level. This structural margin strength helps absorb input cost volatility, sustain cash generation per project, and protect project-level profitability across construction cycles.

Improved equity base

An expanding equity base enhances solvency and increases the equity ratio, providing a more resilient capital structure. This structural improvement gives the company greater buffer against cyclical downturns, better credit standing for project financing, and reduced reliance on short-term liabilities.

Negative Factors

High leverage on balance sheet

Significant leverage raises long-term refinancing and interest-rate exposure. If sales or collections slow, elevated debt servicing needs can drain operating cash, constrain new project funding, and force asset sales or costly refinancing, remaining a structural risk over several quarters.

Negative operating and free cash flow

Persistently negative operating and free cash flows signal weak cash generation from core activities and reliance on external financing. Over months this undermines the company's ability to fund construction milestones internally, increases working capital strain, and raises execution and covenant risks.

Declining net income and profit margins

Falling net income and a notably lower net profit margin reduce retained earnings and ROE, limiting reinvestment and reserve-building. Structurally, weaker profitability diminishes capacity to absorb project overruns, fund growth internally, and sustain dividends or capex without higher leverage.

Arihant Superstructures Limited Business Overview & Revenue Model

Company Description

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. The company was formerly known as Shaktiman Constructions Limited and changed its name to Arihant Superstructures Ltd. in August 2009. Arihant Superstructures Limited was incorporated in 1983 and is based in Navi Mumbai, India.

How the Company Makes Money

Arihant Superstructures Limited generates revenue primarily through the sale of residential and commercial properties. The company's revenue model is built around real estate development, where it acquires land, develops it into residential complexes or commercial spaces, and then sells or leases these properties to end-users or investors. Key revenue streams include direct sales of units in its projects, leasing income from commercial properties, and potential joint ventures or collaborations with other real estate developers. Additionally, the company may benefit from strategic partnerships with financial institutions, which can aid in financing projects and providing customers with home loan facilities, further driving sales. Factors contributing to its earnings include market demand for housing, the economic environment, and government policies affecting real estate development.

Arihant Superstructures Limited Financial Statement Overview

Summary

Arihant Superstructures Limited is facing a challenging financial landscape with stable operational efficiencies but declining net income and negative cash flows. High leverage adds to the risk profile, necessitating a focus on improving cash management and profitability.

Income Statement

Arihant Superstructures Limited shows a mixed performance in its income statement. While the gross profit margin remains robust, the company has experienced a slight decline in revenue and net income over the past year. The EBIT and EBITDA margins are stable, indicating consistent operational efficiency. However, the net profit margin has decreased significantly, reflecting challenges in maintaining profitability amidst fluctuating revenue.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio, indicative of significant leverage, which poses potential risks if revenue growth stalls. Despite this, the company's equity has grown over the years, enhancing its equity ratio and providing a stronger financial foundation. Return on Equity (ROE) has declined, reflecting reduced profitability with respect to shareholders' equity.

Cash Flow

The cash flow statement highlights concerns with negative operating cash flow, which has deteriorated over the years, suggesting cash management issues. Free cash flow has also been negative, further indicating cash flow challenges. However, the company shows an improved financing cash flow, which partially offsets these issues but indicates reliance on external financing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.36B	4.99B	5.10B	3.89B	3.30B	2.70B
Gross Profit	2.28B	1.80B	1.96B	1.45B	1.34B	858.53M
EBITDA	1.37B	1.09B	1.14B	798.29M	712.60M	501.64M
Net Income	486.06M	402.53M	748.33M	313.91M	413.41M	111.71M
Balance Sheet
Total Assets	0.00	15.86B	11.97B	10.33B	8.54B	6.89B
Cash, Cash Equivalents and Short-Term Investments	182.08M	182.08M	200.79M	101.66M	147.49M	120.31M
Total Debt	0.00	7.38B	4.77B	3.32B	2.99B	2.96B
Total Liabilities	-3.78B	12.08B	8.78B	7.87B	6.51B	5.26B
Stockholders Equity	3.78B	3.09B	2.54B	2.10B	1.78B	1.39B
Cash Flow
Free Cash Flow	0.00	-2.92B	-1.28B	-148.51M	188.05M	1.19B
Operating Cash Flow	0.00	-2.16B	-1.26B	-117.41M	207.78M	1.21B
Investing Cash Flow	0.00	-676.19M	49.47M	-18.09M	-7.89M	-7.42M
Financing Cash Flow	0.00	2.87B	1.28B	69.40M	-172.71M	-1.19B

Arihant Superstructures Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 344.25
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ARIHANTSUP, the sentiment is Neutral. The current price of 344.25 is above the 20-day moving average (MA) of 294.49, above the 50-day MA of 314.55, and below the 200-day MA of 375.86, indicating a neutral trend. The MACD of -12.34 indicates Negative momentum. The RSI at 47.58 is Neutral, neither overbought nor oversold. The STOCH value of 55.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ARIHANTSUP.

Arihant Superstructures Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SHRIRAMPPS	60 Neutral	₹13.64B	15.14	―	―	13.78%	63.01%
ARIHANTSUP	52 Neutral	₹12.77B	28.02	―	0.48%	16.36%	28.21%
PENINLAND	41 Neutral	₹7.26B	-11.71	―	―	-29.04%	-194.71%
UNITECH	40 Underperform	₹12.26B	-0.60	―	―	-10.36%	46.24%
PARSVNATH	39 Underperform	₹3.91B	-1.19	―	―	-37.98%	40.32%
OMAXE	39 Underperform	₹14.46B	-2.22	―	―	-22.30%	-8.72%

Arihant Superstructures Limited Corporate Events

Arihant Superstructures Confirms Full SDD Compliance for December 2025 Quarter

Arihant Superstructures Limited has certified that it is fully compliant with the Structured Digital Database (SDD) requirements under SEBI’s Prohibition of Insider Trading Regulations for the quarter ended December 31, 2025. The company’s Compliance Officer confirmed that an SDD is in place with controlled access, that all unpublished price-sensitive information (UPSI) disseminated during the quarter has been recorded with date and time stamps, and that the system is internally maintained, non-tamperable, and capable of preserving an audit trail for eight years. The certificate also states that Arihant was required to capture two UPSI-related events in the quarter and has duly recorded both, underscoring its adherence to regulatory norms and reinforcing governance and transparency for investors and regulators.

Arihant Superstructures Releases Financial Results for September 2025

Arihant Superstructures Limited has announced the publication of its financial results for the quarter and half-year ending September 30, 2025, in The Free Press Journal and Navshakti newspapers. This announcement is part of the company’s compliance with SEBI regulations and reflects its commitment to transparency and communication with stakeholders. The publication of these results is expected to provide insights into the company’s financial performance and market positioning, potentially impacting investor confidence and stakeholder decisions.

Arihant Superstructures Releases Q2 FY26 Investor Presentation

Arihant Superstructures Limited has released its Investor Presentation for the quarter and half year ending September 30, 2025, in compliance with SEBI regulations. This announcement provides stakeholders with insights into the company’s financial performance and strategic direction for the specified period.

Arihant Superstructures Announces Auditor Resignation

Arihant Superstructures Limited announced the resignation of its statutory auditors, M/s. Ummed Jain & Co., effective November 13, 2025. The resignation follows the submission of the Limited Review Report for the quarter and half year ended September 30, 2025. The company stated there were no concerns or material reasons for the resignation, and the Audit Committee and Board will appoint new auditors to fill the vacancy.