Arihant Superstructures Ltd
About
Arihant Superstructures Ltd. is a prominent real estate development company known for its strong presence in the affordable and mid-income housing segments. Established in 1983, the company offers a comprehensive range of services including land identification and acquisition, project planning, execution, construction, and marketing. With a focus on delivering quality housing solutions, Arihant has successfully developed numerous residential projects, primarily across the Mumbai Metropolitan Region (MMR) and Jodhpur. Under the leadership of Chairman and Managing Director Ashok Chajjer, the company has built a reputation for timely delivery, transparency, and customer-centric operations. Arihant Superstructures is publicly listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), reflecting its strong market standing. With a robust project pipeline and a vision to cater to growing urban housing needs, Arihant continues to contribute significantly to India’s real estate landscape.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 583 35.94% | 429 0.89% | 425 77.83% | 239 17.01% | 204 -30.76% | 295 43.59% | 205 -31.55% | 300 74.64% | 172 8.74% | 158 7.35% | 147 33.50% | 110 23.72% | 89 -20.39% | 112 300.82% | 28 34,800.00% | 0 - |
| Net Operating Income (INR Cr) | 504 29.53% | 389 17.68% | 331 22.51% | 270 15.85% | 233 -2.55% | 239 27.30% | 188 1.74% | 185 50.98% | 122 13.41% | 108 7.83% | 100 42.03% | 70 9.09% | 65 -36.49% | 102 655.42% | 13 - | 0 - |
| Profit (INR Cr) | 69 62.18% | 43 3.24% | 41 270.10% | 11 103.83% | 5 -57.78% | 13 3.26% | 13 -61.70% | 33 72.28% | 19 88.06% | 10 673.28% | 1 144.41% | -3 - | 5 -26.41% | 7 454.96% | 1 2,520.00% | 0 - |
| Assets (INR Cr) | 802 38.75% | 578 15.01% | 503 9.53% | 459 -13.97% | 533 3.88% | 514 27.07% | 404 7.11% | 377 27.44% | 296 40.71% | 210 14.89% | 183 3.19% | 177 24.51% | 143 70.57% | 84 417.08% | 16 3,007.69% | 1 - |
| Net Worth (INR Cr) | 267 27.25% | 210 17.57% | 178 28.64% | 139 9.43% | 127 4.62% | 121 3.04% | 118 3.42% | 114 40.57% | 81 31.04% | 62 16.19% | 53 1.80% | 52 31.73% | 40 7.87% | 37 138.29% | 15 5,036.67% | 0 0.00% |
| Employee Cost (INR Cr) | 26 34.25% | 19 17.98% | 16 38.95% | 12 2.52% | 12 -8.64% | 13 -0.94% | 13 49.06% | 9 7.56% | 8 22.72% | 6 12.33% | 6 46.56% | 4 119.55% | 2 19.33% | 2 94.81% | 1 - | 0 - |
| Interest Cost (INR Cr) | 25 | 25 | 21 | 28 | 30 | 32 | 15 | 10 | 3 | 6 | 13 | 9 | 4 | 1 | 1 | 0 |
| Cash & Bank Balance (INR Cr) | 15 | 7 | 14 | 12 | 11 | 14 | 12 | 9 | 4 | 3 | 5 | 3 | 21 | 16 | 1 | 0 |
| Total Debt (INR Cr) | 477 | 331 | 299 | 295 | 386 | 377 | 276 | 255 | 210 | 146 | 128 | 125 | 102 | 46 | 0 | 0 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 11.88% | 9.96% | 9.73% | 4.68% | 2.68% | 4.40% | 6.12% | 10.94% | 11.09% | 6.41% | 0.89% | -2.68% | 6.01% | 6.50% | 4.69% | 62.50% |
| Profit As % Of Assets | 8.63% | 7.38% | 8.22% | 2.43% | 1.03% | 2.53% | 3.11% | 8.70% | 6.43% | 4.81% | 0.72% | -1.66% | 3.75% | 8.70% | 8.11% | 9.62% |
| Profit As % Of Networth | 25.93% | 20.35% | 23.17% | 8.05% | 4.32% | 10.71% | 10.69% | 28.87% | 23.55% | 16.41% | 2.47% | -5.65% | 13.51% | 19.80% | 8.50% | 16.67% |
| Interest Cost to EBITDA % | 24.16% | 33.07% | 30.18% | 58.51% | 70.04% | 60.62% | 40.34% | 16.12% | 10.46% | 26.09% | 68.46% | 118.13% | 38.25% | 18.69% | 39.93% | 0.00% |
| Debt to Equity Ratio | 1.70 | 1.63 | 1.88 | 2.57 | 3.08 | 2.74 | 2.30 | 2.40 | 2.50 | 2.39 | 2.41 | 2.48 | 1.96 | 0.91 | 0.06 | 0.68 |
| RONW | 29.04% | 21.99% | 26.10% | 11.86% | 8.86% | 15.36% | 12.67% | 36.92% | 29.50% | 19.78% | 5.17% | -6.45% | 14.03% | 24.07% | 16.65% | 16.13% |
| ROCE | 17.42% | 15.26% | 15.24% | 10.16% | 9.01% | 12.34% | 9.73% | 19.17% | 14.06% | 13.09% | 11.48% | 5.54% | 12.42% | 22.64% | 38.00% | 9.80% |