Price
Financials
Standalone, Rs crore| Sep 2022 | Dec 2022 | Sep 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.97 | 5.92 | 21.85 | 10.83 | 11.01 | 9.79 | 8.93 | 17.25 | 15.91 | 13.95 | 15.68 | 19.83 |
| Expenses | 10.79 | 5.17 | 18.57 | 9.71 | 8.84 | 8.03 | 8.39 | 14.89 | 12.63 | 11.39 | 10.43 | 16.71 |
| Operating Profit | 2.18 | 0.75 | 3.28 | 1.12 | 2.17 | 1.76 | 0.54 | 2.36 | 3.28 | 2.56 | 5.25 | 3.12 |
| OPM % | 16.81% | 12.67% | 15.01% | 10.34% | 19.71% | 17.98% | 6.05% | 13.68% | 20.62% | 18.35% | 33.48% | 15.73% |
| Other Income | 0.04 | 0.02 | 0.57 | 0.35 | 0.21 | 0.40 | 1.06 | 0.90 | 0.28 | 0.55 | 0.42 | 0.46 |
| Interest | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.30 | 0.17 | 0.81 | 0.41 | 0.40 | 0.48 | 0.58 | 0.72 | 0.78 | 0.80 | 0.79 | 1.08 |
| Profit before tax | 1.91 | 0.60 | 3.03 | 1.06 | 1.97 | 1.68 | 1.01 | 2.51 | 2.77 | 2.31 | 4.88 | 2.50 |
| Tax % | 24.61% | 25.00% | 23.10% | 24.53% | 22.34% | 29.76% | 5.94% | 21.91% | 26.35% | 22.94% | 31.76% | 18.00% |
| Net Profit | 1.42 | 0.46 | 2.32 | 0.79 | 1.53 | 1.17 | 0.95 | 1.96 | 2.05 | 1.77 | 3.32 | 2.05 |
| EPS in Rs | 3.21 | 0.76 | 3.83 | 1.30 | 2.53 | 1.93 | 1.57 | 3.24 | 3.39 | 2.92 | 5.48 | 3.39 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 19.21 | 14.08 | 15.20 | 23.12 | 30.32 | 40.56 | 63.43 | 65.37 |
| Expenses | 17.85 | 11.95 | 12.04 | 20.24 | 28.36 | 34.97 | 49.32 | 51.16 |
| Operating Profit | 1.36 | 2.13 | 3.16 | 2.88 | 1.96 | 5.59 | 14.11 | 14.21 |
| OPM % | 7.08% | 15.13% | 20.79% | 12.46% | 6.46% | 13.78% | 22.24% | 21.74% |
| Other Income | 0.01 | 0.02 | 0.11 | 0.38 | 1.23 | 2.02 | 1.51 | 1.71 |
| Interest | 0.08 | 0.06 | 0.04 | 0.03 | 0.04 | 0.03 | 0.05 | 0.01 |
| Depreciation | 0.64 | 0.58 | 0.53 | 0.91 | 1.36 | 1.87 | 3.10 | 3.45 |
| Profit before tax | 0.65 | 1.51 | 2.70 | 2.32 | 1.79 | 5.71 | 12.47 | 12.46 |
| Tax % | 35.38% | 25.83% | 25.56% | 35.78% | 13.97% | 22.24% | 26.94% | |
| Net Profit | 0.42 | 1.13 | 2.01 | 1.49 | 1.55 | 4.45 | 9.11 | 9.19 |
| EPS in Rs | 420.00 | 1,130.00 | 2,010.00 | 2.46 | 2.56 | 7.35 | 15.04 | 15.18 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 39.10% | 13.62% | 13.30% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 35% | 40% | 39% | ||
| Compounded Profit Growth | % | 52% | 66% | 64% | ||
| Stock Price CAGR | % | % | 57% | 13% | ||
| Return on Equity | % | 21% | 21% | 31% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 6.06 | 6.06 | 6.06 | 6.06 |
| Reserves | 1.78 | 2.90 | 4.92 | 13.60 | 15.15 | 18.99 | 27.49 |
| Borrowings | 0.90 | 0.49 | 1.28 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 5.46 | 4.89 | 4.84 | 8.39 | 13.73 | 18.35 | 23.82 |
| Total Liabilities | 8.15 | 8.29 | 11.05 | 28.05 | 34.94 | 43.40 | 57.37 |
| Fixed Assets | 3.17 | 2.91 | 2.67 | 2.28 | 4.97 | 9.93 | 19.68 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.93 | 2.54 | 3.37 |
| Investments | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 9.79 | 9.86 |
| Other Assets | 4.97 | 5.37 | 8.37 | 25.77 | 29.04 | 21.14 | 24.46 |
| Total Assets | 8.15 | 8.29 | 11.05 | 28.05 | 34.94 | 43.40 | 57.37 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.09 | 1.81 | 2.06 | -0.03 | 8.25 | 5.91 | 10.39 |
| Cash from Investing Activity | -0.65 | -1.17 | -0.30 | -0.13 | -3.58 | -16.89 | -12.96 |
| Cash from Financing Activity | -0.81 | -0.47 | 0.79 | 12.29 | -0.01 | -0.63 | -0.65 |
| Net Cash Flow | -1.55 | 0.17 | 2.55 | 12.13 | 4.67 | -11.61 | -3.23 |
| Free Cash Flow | -0.74 | 1.50 | 1.76 | -1.34 | 3.28 | -2.54 | -3.29 |
| CFO/OP | 7% | 104% | 87% | 27% | 493% | 131% | 100% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 30.97 | 18.66 | 0.00 | 6.47 | 0.72 | 6.93 | 41.60 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 30.97 | 18.66 | 0.00 | 6.47 | 0.72 | 6.93 | 41.60 |
| Working Capital Days | -55.48 | -72.59 | -116.46 | -41.52 | -126.52 | -104.12 | -60.19 |
| ROCE % | 51.56% | 57.02% | 24.28% | 8.96% | 24.82% | 42.73% |
| Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.00% | 73.00% | 73.00% | 67.54% | 67.54% | 66.64% | 64.74% | 64.74% |
| FIIs | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 26.93% | 27.00% | 27.00% | 32.46% | 32.46% | 33.36% | 35.26% | 35.26% |
| No. of Shareholders | 871 | 419 | 351 | 467 | 349 | 288 | 370 | 371 |
Fundamentals
Market Cap₹ 297 Cr.
Current Price₹ 491
Stock P/E32.4
Book Value₹ 55.4
ROCE42.7 %
ROE31.1 %
Dividend Yield0.20 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)39%
Compounded Profit Growth (TTM)64%
Standalone figures.
Valuation
Market capRs 312 Cr
Enterprise valueRs 297 Cr
P/E (TTM)33.93x
Price to book15.86x
Price to sales4.77x
EV / EBITDA18.61x
EV / EBIT23.75x
EV / sales4.54x
Earnings yield2.95%
P/E, 3-year average45.11x
P/B, 3-year average3.42x
Profitability
Operating margin (excl. other income)12.46%
Operating margin (incl. other income)14.10%
EBITDA margin24.38%
Pre-tax margin19.06%
Net profit margin14.06%
Net margin, latest quarter10.34%
ROE12.12%
ROCE18.17%
ROA7.62%
ROE, 3-year average37.16%
ROCE, 3-year average42.25%
ROA, 3-year average14.05%
ROIC (approx.)180.67%
Tax rate35.78%
Other income / net worth1.93%
Growth
Sales growth (latest year)52.11%
Profit growth (latest year)-25.87%
Sales CAGR, 3 years6.37%
Profit CAGR, 3 years52.51%
Sales growth QoQ26.47%
Profit growth QoQ-38.25%
Sales growth YoY (latest quarter)14.96%
Profit growth YoY (latest quarter)4.59%
Per share
EPS (TTM)Rs 15.18
EPS (latest year)Rs 2.46
EPS (latest quarter)Rs 3.39
EPS, 3-year averageRs 1,047.49
Book value per shareRs 32.47
Sales per shareRs 107.96
Cash flow per shareRs -0.05
Free cash flow per shareRs -5.43
Efficiency
Asset turnover0.82x
Fixed asset turnover10.14x
Debtor days6 days
Debtors turnover56.39x
Cash conversion cycle42 days
Working capital days-60 days
Leverage
Cash and bankRs 15 Cr
Net debtRs -15 Cr
Net debt / EBITDA-0.95x
Interest coverage416.33x
Owners' fund to total sources70.09%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 12 Cr
Net Cash Flow (latest year)Rs 12 Cr
Free cash flow (latest year)Rs -3 Cr
Cash from ops / profit, 5 years1.43x
Statement figures
Net sales (TTM)Rs 65 Cr
Net sales (latest year)Rs 23 Cr
Sales (latest quarter)Rs 20 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 16 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 12 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 9 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 20 Cr
Total income (latest year)Rs 24 Cr
Share capitalRs 6 Cr
ReservesRs 14 Cr
Shareholders' fundsRs 20 Cr
Total assetsRs 28 Cr
Net blockRs 2 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 8 Cr
Shares outstanding (crore)0.61
Ownership
Promoter holding64.74% (-2.80 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 33.9 is at the 18th percentile of its own 3.3-year range
(median 52.9, low 21.9, high 250.1).
P/B 15.86 is at the 8th percentile (median 46.01).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | ARIHANTACA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.0% | -2.8% | +5.8 pts |
| 1 month | +7.3% | -6.8% | +14.1 pts |
| 3 months | +5.1% | -7.6% | +12.7 pts |
| 6 months | +0.6% | +0.4% | +0.2 pts |
| 1 year | +106.0% | -9.9% | +115.9 pts |
| 2 years | +186.3% | -13.6% | +199.8 pts |
| 3 years | +308.1% | +14.2% | +293.9 pts |
Red flags
F-score 3 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹20 Cr +15.0% vs Jun 2025.
Net profit ₹2 Cr +4.6%.
Activity
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|---|---|---|---|
| Shanti Educational Initiatives Ltd | 3,044 | 524 | 10.3 % |
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| Aptech Ltd | 511 | 19.7 | 15.4 % |
| Career Point Edutech Ltd | 324 | 13.9 | 47.8 % |
| CL Educate Ltd | 300 | 5.30 % | |
| Zee Learn Ltd | 205 | 7.60 | 12.6 % |
| Flywings Simulator Training Centre Ltd | 194 | 17.4 | 20.1 % |
| Golden Crest Education & Services Ltd | 170 | 710 | 2.20 % |
| VJTF Eduservices Ltd | 121 | -1.07 % | |
| Compucom Software Ltd | 106 | 1.90 % | |
| Moxsh Overseas Educon Ltd | 90 | 41.8 | 23.7 % |
| Drone Destination Ltd | 81 | 69.4 | 6.16 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly tradedScrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Arihant Academy Ltd?
Arihant Academy Ltd (ARIHANTACA) has a market capitalisation of Rs 297 Cr. at the 2026-09-30 close.
What is the P/E ratio of Arihant Academy Ltd?
Arihant Academy Ltd trades at a P/E of 32.4 on trailing twelve-month profit, at the 2026-09-30 close.
What were Arihant Academy Ltd's latest quarterly results?
In the Jun 2026 quarter, Arihant Academy Ltd sales was Rs 20 Cr (+15.0% vs Jun 2025) and net profit was Rs 2 Cr.
What is the 52-week high and low of Arihant Academy Ltd?
The 52-week high is Rs 277.50 and the 52-week low is Rs 192.50.