MarketFriction

Arshiya Ltd

NSE ARSHIYA · BSE 506074 · Logistics Solution Provider
₹0.81 +0.00%
NSE close2026-10-01
52 week range0.68 - 2.12
Market cap₹20.8 Cr.
Insolvency Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales1.603.443.443.443.442.103.704.504.654.504.504.50
Expenses67.4642.474.745.239.8617.732.141.692.702.694.693.16
Operating Profit-65.86-39.03-1.30-1.79-6.42-15.631.562.811.951.81-0.191.34
OPM %-4,116.25%-1,134.59%-37.79%-52.03%-186.63%-744.29%42.16%62.44%41.94%40.22%-4.22%29.78%
Other Income2.911.321.241.22-822.13-962.080.91-97.83-0.840.070.210.13
Interest37.6829.6630.9436.43203.2518.120.050.040.340.000.000.01
Depreciation1.941.841.932.081.931.771.671.671.661.511.531.53
Profit before tax-102.57-69.21-32.93-39.08-1,033.73-997.600.75-96.73-0.890.37-1.51-0.07
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-102.58-69.21-32.93-39.08-1,033.73-997.600.75-96.73-0.880.37-1.51-0.06
EPS in Rs-3.89-2.63-1.25-1.48-39.23-37.860.03-3.67-0.030.01-0.06-0.00
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales50.5164.2880.7385.42131.40238.6866.3261.9326.1913.7714.9518.15
Expenses41.7837.8828.6431.1052.6277.6824.8133.78100.2162.3124.2613.24
Operating Profit8.7326.4052.0954.3278.78161.0041.5128.15-74.02-48.54-9.314.91
OPM %17.28%41.07%64.52%63.59%59.95%67.45%62.59%45.45%-282.63%-352.51%-62.27%27.05%
Other Income-10.30-102.8030.05143.1713.25-1,068.5910.95470.2215.24-818.35-1,059.83-0.43
Interest213.21175.96130.50137.62112.37131.22148.1286.47114.34300.2718.560.35
Depreciation29.2223.5921.8120.9214.8215.7112.9010.338.377.796.766.23
Profit before tax-244.00-275.95-70.1738.95-35.16-1,054.52-108.56401.57-181.49-1,174.95-1,094.46-2.10
Tax %0.00%0.88%0.00%0.00%0.00%1.05%0.00%0.00%0.00%0.00%0.00%
Net Profit-244.00-278.39-70.1838.96-35.16-1,065.55-108.56401.57-181.48-1,174.95-1,094.46-2.08
EPS in Rs-19.15-17.82-4.491.71-1.44-41.28-4.1415.31-6.89-44.59-41.54-0.08
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-11%-43%-38%32%
Compounded Profit Growth7%%16%99%
Stock Price CAGR-29%-50%-44%-57%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital25.4931.2431.2445.6448.7251.6252.4652.4652.7052.7052.7052.70
Reserves444.69199.031,197.371,127.981,666.43644.85454.57859.56680.17-398.54-1,493.00-1,494.14
Borrowings1,315.411,239.991,079.011,420.48854.40871.13887.40605.06605.72821.41836.49843.73
Other Liabilities616.57769.83346.72103.36175.65275.11412.57192.55283.351,077.092,047.512,054.49
Total Liabilities2,402.162,240.092,654.342,697.462,745.201,842.711,807.001,709.631,621.941,552.661,443.701,456.78
Fixed Assets1,007.161,238.131,239.44953.75747.04716.91626.22621.96516.26581.68571.23568.19
CWIP442.070.000.000.001.360.600.600.000.000.000.000.00
Investments834.24834.241,360.331,320.181,346.80501.50501.57509.06454.23453.03452.72452.72
Other Assets118.69167.7254.57423.53650.00623.70678.61578.61651.45517.95419.75435.87
Total Assets2,402.162,240.092,654.342,697.462,745.201,842.711,807.001,709.631,621.941,552.661,443.701,456.78
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity29.3146.9481.6618.29-90.751.796.0534.06127.1225.13-17.35-5.60
Cash from Investing Activity-31.170.76-23.27-24.7990.597.5620.41-29.27-32.07-15.8819.296.38
Cash from Financing Activity2.56-51.07-56.443.310.74-10.65-26.42-4.50-95.23-9.37-1.90-0.76
Net Cash Flow0.70-3.371.96-3.190.59-1.300.040.28-0.18-0.110.030.02
Free Cash Flow42.7546.9487.5013.85330.87-9.345.8033.82126.5225.11-22.48-5.60
CFO/OP-562%559%302%37%-154%4%-1%76%445%-33%35%59%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days94.2324.2869.169.8632.6922.64244.101,355.60798.961,820.686.36292.98
Inventory Days
Days Payable
Cash Conversion Cycle94.2324.2869.169.8632.6922.64244.101,355.60798.961,820.686.36292.98
Working Capital Days-686.51-5,966.97-9,333.34-2,484.56195.02357.19-88.04-1,309.86-552.30-4,031.86-38,012.75-61,539.49
ROCE %-0.37%-0.84%0.20%2.12%1.78%3.33%7.61%2.66%1.79%-5.10%-5.68%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters25.76%14.37%14.37%14.37%14.37%14.37%14.37%14.37%14.37%14.37%14.37%14.37%
FIIs0.50%0.00%0.05%0.05%0.04%0.04%0.04%0.00%0.00%0.00%0.00%0.00%
DIIs1.06%1.06%1.06%1.06%1.06%1.06%1.06%1.06%1.06%1.06%1.06%1.06%
Government0.02%0.02%0.02%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public72.67%84.55%84.51%84.51%84.53%84.53%84.53%84.58%84.56%84.57%84.58%84.56%
No. of Shareholders24,62131,89931,10931,10930,86330,87331,11730,61030,47530,14930,16530,139

Fundamentals

Market Cap₹ 20.8 Cr.
Current Price₹ 0.79
Book Value₹ -54.7
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)32%
Compounded Profit Growth (TTM)99%
Standalone figures.
Valuation
Market capRs 21 Cr
Enterprise valueRs 852 Cr
Price to book-0.01x
Price to sales1.18x
EV / EBITDA37.56x
EV / EBIT51.77x
EV / sales46.95x
Earnings yield-9.75%
P/B, 3-year average0.18x
P/E, 5-year average1.89x
P/B, 5-year average0.83x
Profitability
Operating margin (excl. other income)-62.27%
Operating margin (incl. other income)-7151.44%
EBITDA margin125.01%
Pre-tax margin-11.57%
Net profit margin-11.46%
Net margin, latest quarter-1.33%
ROE122.55%
ROA-73.05%
ROE, 3-year average-168.89%
ROCE, 3-year average-50.57%
ROA, 3-year average-52.66%
ROE, 5-year average-93.62%
ROCE, 5-year average-16.23%
ROA, 5-year average-28.22%
Other income / net worth73.58%
Growth
Sales growth (latest year)8.57%
Sales CAGR, 3 years-37.73%
Sales CAGR, 5 years-42.54%
Sales growth QoQ0.00%
Sales growth YoY (latest quarter)0.00%
Per share
EPS (TTM)Rs -0.08
EPS (latest quarter)Rs -0.00
EPS, 3-year averageRs -6.92
EPS, 5-year averageRs 1.42
Book value per shareRs -54.68
Sales per shareRs 0.69
Cash flow per shareRs -0.21
Free cash flow per shareRs -0.21
Efficiency
Asset turnover0.01x
Fixed asset turnover0.03x
Inventory turnover0.00x
Debtor days293 days
Debtors turnover1.25x
Cash conversion cycle293 days
Working capital days-61539 days
Leverage
Total debtRs 836 Cr
Cash and bankRs 6 Cr
Net debtRs 831 Cr
Debt to equity-0.58x
Net debt / EBITDA36.62x
Interest coverage0.89x
Owners' fund to total sources-99.76%
Debt to assets57.94%
Cash flow
Cash from Operating Activity (latest year)Rs -6 Cr
Cash from Investing Activity (latest year)Rs 6 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -6 Cr
FCFE (approx.: FCF + change in debt)Rs 9 Cr
Statement figures
Net sales (TTM)Rs 18 Cr
Net sales (latest year)Rs 15 Cr
Sales (latest quarter)Rs 4 Cr
Operating profit excl. other income (latest year)Rs -9 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 23 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs -2 Cr
Net profit (TTM)Rs -2 Cr
Net profit (latest year)Rs -1,094 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 6 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 19 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 24 Cr
Total income (latest year)Rs -1,045 Cr
Share capitalRs 53 Cr
ReservesRs -1,493 Cr
Shareholders' fundsRs -1,440 Cr
Total assetsRs 1,444 Cr
Net blockRs 571 Cr
InvestmentsRs 453 Cr
ReceivablesRs 12 Cr
InventoryRs 165 Cr
Other liabilitiesRs 2,048 Cr
Shares outstanding (crore)26.34
Ownership
Promoter holding14.37% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodARSHIYANifty 50Difference
1 week+12.5%-2.8% +15.3 pts
1 month+9.5%-6.8% +16.3 pts
3 months-25.0%-7.6% -17.4 pts
6 months-36.2%+0.4% -36.6 pts
1 year-67.2%-9.9% -57.3 pts
2 years-87.1%-13.6% -73.6 pts
3 years-81.6%+14.2% -95.8 pts
5 years-97.1%+27.9% -125.0 pts

Red flags

F-score 4 of 8
seriousNegative equity Shareholders' equity is negative
seriousInsolvency process Insolvency process 2026-06-03: ARSHIYA: Post facto intimation for the Sixteenth (16th) Meeting of Committee of Creditors ( COC ) of Arshiya Limited ( Company ) (Undergoing
explainReceivables outrunning sales Receivables grew 4900% vs sales +9% in 2025
lookRepeated losses Net loss in each of the last two years
lookAuditor change Auditor change 2026-03-27: Arshiya Limited has informed the Exchange regarding Change in Auditors of the company.
lookOn NSE surveillance On NSE surveillance: Insolvency
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

Dec 2025
Sales ₹4 Cr +0.0% vs Dec 2024. Net loss ₹0 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2023-09-22Annual General Meeting
2022-03-03Demerger
2021-09-16 Annual General Meeting
2020-09-17 Annual General Meeting
2019-09-20 Annual General Meeting
2018-09-11 Annual General Meeting
2017-09-14 Annual General Meeting
2016-07-21 Annual General Meeting
2015-07-02Annual General Meeting
2014-09-04Annual General Meeting
2013-07-25Annual General Meeting
2012-09-06Annual General Meeting/Dividend Rs.1.40 Per Share(Bc Dates Revised)
2011-09-09Annual General Meeting And Dividend Rs.1.20 Per Share
2010-09-15Annual General Meeting And Dividend Re.1/- Per Share
DateTypeWhat it says
2026-08-14Reasons for Delayed/Non-submReasons for Delayed/Non-submission of Financial Results for the Quarter ended on June 30, 2026
2026-07-28Reply to Clarification- FinaThe Exchange had sought clarification from Arshiya Limited for the quarter ended 30-Jun-2024 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-28Reply to Clarification- FinaThe Exchange had sought clarification from Arshiya Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-28Reply to Clarification- FinaThe Exchange had sought clarification from Arshiya Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-28Reply to Clarification- FinaThe Exchange had sought clarification from Arshiya Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-28Reply to Clarification- FinaThe Exchange had sought clarification from Arshiya Limited for the quarter ended 30-Jun-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-28Reply to Clarification- FinaThe Exchange had sought clarification from Arshiya Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-28Reply to Clarification- FinaThe Exchange had sought clarification from Arshiya Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-20Clarification - Financial ReThe Exchange has sought clarification from Arshiya Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-20Clarification - Financial ReThe Exchange has sought clarification from Arshiya Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-20Clarification - Financial ReThe Exchange has sought clarification from Arshiya Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-20Clarification - Financial ReThe Exchange has sought clarification from Arshiya Limited for the quarter ended 30-Jun-2025 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-20Clarification - Financial ReThe Exchange has sought clarification from Arshiya Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-20Clarification - Financial ReThe Exchange has sought clarification from Arshiya Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-20Clarification - Financial ReThe Exchange has sought clarification from Arshiya Limited for the quarter ended 30-Jun-2024 with respect to Regulation 33 of the SEBI (Listing Obliga...
2026-07-15Structural Digital DatabaseSTRUCTURED DIGITAL DATABASE COMPLIANCE CERTIFICATE UNDER SEBI PROHIBITION OF INSIDER TRADING REGULATIONS 2015 PIT REGULATIONS FOR THE QUARTER ENDED ON...
2026-06-23Change in ManagementChange in Management pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Resignation of Mr. Ved Pra...
2026-06-23CessationCessation of Mr Ved Prakash as Non- Executive Independent Director of the company w.e.f. February 18, 2026.
2026-06-23ResignationResignation of Director/KMP/SMP
2026-06-23ResignationResignation of Director/KMP/SMP
2026-06-17UpdatesStatement on Impact of Audit Qualification for the Quarter and Financial Year ended March 31, 2025.
2026-06-03Corporate Insolvency ResolutARSHIYA: Post facto intimation for the Sixteenth (16th) Meeting of Committee of Creditors ( COC ) of Arshiya Limited ( Company ) (Undergoing Corporate...
2026-06-03Disclosure under SEBI TakeovAjay S Mittal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-06-02Corporate Insolvency ResolutCorporate Insolvency Resolution Process
2026-05-30Integrated Filing- FinancialArshiya Limited has submitted to the Exchange, the Unaudited Standalone financial results for the period ended December 31, 2025
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.
Order dateForumCase
2021-08-02NCLTM.s, Arshiya Rail Infrastructure Ltd. Vs M/s. Maple Logistics Pvt. Ltd.
2021-06-16NCLTKalindee Rail Nirman Vs Arshiya Rail Infrastructure Ltd
2021-04-15NCLTM.s, Arshiya Rail Infrastructure Ltd. Vs M/s. Maple Logistics Pvt. Ltd.
2021-03-22NCLTM.s, Arshiya Rail Infrastructure Ltd. Vs M/s. Maple Logistics Pvt. Ltd.
2021-03-01NCLTKalindee Rail Nirman Vs Arshiya Rail Infrastructure Ltd
2021-01-07NCLTM.s, Arshiya Rail Infrastructure Ltd. Vs M/s. Maple Logistics Pvt. Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
EPS in the scrip is zero (4 trailing quarters)Insolvency Resolution Process(IRP)Less than 100 unique PAN traded in previous 30 daysUnder BZ/SZ Series

Quick answers

What is the market cap of Arshiya Ltd?

Arshiya Ltd (ARSHIYA) has a market capitalisation of Rs 20.8 Cr. at the 2026-10-01 close.

What were Arshiya Ltd's latest quarterly results?

In the Dec 2025 quarter, Arshiya Ltd sales was Rs 4 Cr (+0.0% vs Dec 2024) with a net loss of Rs 0 Cr.

What is the 52-week high and low of Arshiya Ltd?

The 52-week high is Rs 2.12 and the 52-week low is Rs 0.68.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03