1. India Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Development
Arihant Superstructures Limited

Arihant Superstructures Limited

ARIHANTSUP.NS
Arihant Superstructures LimitedIN flagNational Stock Exchange of India
266.90
INR
+3.65
- -
11.54BMarket Cap
Arihant Superstructures Limited
ARIHANTSUP.NS
(National Stock Exchange of India)

Recent

price

266.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
26.57
23.54
17.12
24.31
26.21
29.73
44.88
45.67
58.13
56.61
65.23
80.28
94.44
122.41
121.16
127.44
127.19
Revenue per Share
- -
1.95
-0.72
0.32
2.46
4.63
7.97
3.05
3.15
1.33
2.71
10.04
7.63
16.82
13.28
10.65
7.53
Basic EPS, GAAP
-20.33
-10.49
-26.98
11.53
-3.69
-5.95
-7.17
3.52
-19.71
6.17
29.28
5.03
-2.87
-29.32
-33.73
-16.37
- -
Free Cash Flow per Basic Share
0.23
0.35
0.23
0.23
0.29
0.36
1.08
1.2
0.6
- -
- -
- -
- -
0.13
0.3
0.43
- -
Dividend per Share
7.18
13.52
11.4
11.63
13.72
19.46
26.35
27.29
28.16
29.52
32.42
42.07
49.69
61.92
71.38
10
9.99
Book Value per Share
9.58
14.39
12.64
13.23
15.63
21.82
29.47
30.93
32.96
35.65
39.66
49.31
59.66
78.56
91.74
104.03
103.93
Tangible Book Value per Share
38
27
41
41
41
41
41
41
41
41
41
41
41
41
41
43
43
Basic Weighted Avg Shares
1,016
646
704
1,001
1,079
1,224
1,847
1,880
2,393
2,330
2,685
3,304
3,887
5,038
4,988
5,510
5,504
Sales/Revenue/Turnover
-0.34
19.19
10.59
19.55
21.87
27.65
33.47
19.08
21.53
17.58
17.13
20.56
19.45
22.02
20.5
22.46
22.38
Operating Margin (%)
2
3
4
6
11
11
10
13
19
20
20
17
20
22
24
28
28
Depreciation Expense
- -
53
-29
13
101
191
328
126
130
55
112
413
314
692
547
460
326
Net Income, GAAP
100
41.68
- -
59.82
40.31
33.12
32.5
33.85
19.35
29.19
21.41
14.68
18.3
19.7
17.39
24.62
24.62
Effective Tax Rate (%)
- -
8.28
-4.19
1.31
9.39
15.57
17.76
6.68
5.43
2.35
4.16
12.51
8.08
13.74
10.96
8.36
5.92
Profit Margin (%)
783
344
738
621
1,432
2,071
2,980
2,379
3,806
4,062
3,615
2,882
5,018
6,757
9,369
10,679
10,679
Working Capital
1
3
335
291
971
1,394
2,004
1,719
3,006
3,156
2,500
1,448
3,176
4,161
7,040
7,586
7,586
LT Debt
367
397
522
546
644
900
1,215
1,274
1,357
1,468
1,633
2,030
2,456
3,234
3,778
4,498
4,498
Total Equity
- -
9.72
- -
4.36
7.16
8.74
11.89
5.89
8.97
5.53
7.29
12.06
11.44
12.88
8.76
7.61
7.57
Return on Invested Capital (%)
-0.04
11.93
- -
3.02
6.65
7.8
10.82
5.3
6.94
4.11
5.84
12.47
7.68
13.88
9.39
9.22
6.67
Return on Capital (%)
-0.02
16.57
-7.02
2.76
19.42
27.91
34.81
11.38
11.38
4.62
8.76
26.97
16.63
30.14
19.93
27.32
19.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
499
- -
1,156
LT Borrowings
7,854
- -
7,575
LT Finance Leases
- -
- -
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
- -
43
Market Capitalization
16,706
14,386
8,340

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
16,084
- -
16,290
Cash, Cash Equivalents & STI
443
- -
639
Accounts Receivable, Net
1,288
- -
1,004
Inventories
13,449
- -
13,800
Total Current Liabilities
5,249
- -
5,611
Payables & Accruals
- -
- -
- -
ST Debt
499
- -
1,156
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.87%
22.57%
19.07%
Free Cash Flow
10.28%
129.78%
-49.03%
Net Income, GAAP
38.95%
65.93%
-15.79%
Sales/Revenue/Turnover
17.24%
15.96%
10.45%
Total Cash Common Dividend
- -
- -
50.1%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,210
1,089
1,192
1,548
5,038
2025
837
1,118
1,508
1,526
4,988
2026
1,210
1,227
1,260
1,808
5,510

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.26
3.48
2.72
- -
16.82
2025
0.29
2.75
5.08
2.74
13.28
2026
2.21
1.41
1.16
2.75
10.65

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.13
2025
- -
- -
- -
- -
0.3
2026
- -
- -
- -
- -
0.43
Similar Companies
Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3.SA)
Beijing Dalong Weiye Real Estate Development Co.,Ltd (600159.SS)
AMJ Land Holdings Limited (AMJLAND.BO)
Vision Synergy Holdings Limited (0627.HK)
Kingsland Global Ltd. (KLO.AX)
VIB Vermögen AG (VIBVY)
Business
Arihant Superstructures Limited is a real estate development company primarily engaged in the affordable and mid-income housing segments in the Mumbai Metropolitan Region (MMR) and Jodhpur. Founded in 1983 and headquartered in Navi Mumbai, Maharashtra, the company has expanded its portfolio to include premium luxury real estate, comprising villa projects, a five-star hotel, and a sports gymkhana. Arihant Superstructures manufactures and sells residential apartment units, villas, and integrated township developments. Its services encompass land acquisition, design and engineering, construction (EPC), marketing and sales, as well as joint development (JD), joint ventures (JV), and development management (DM) arrangements aimed at an asset-light business model. The company operates 15 projects under various development stages, covering around 13.5 million square feet, with a historical delivery track record of over 12,000 units across 62 projects. Recent expansions include significant land acquisitions such as 51 acres at Chowk, Navi Mumbai and an 88-acre expansion of the Town Villas project, along with 1.5 acres for a five-star hotel at World Villas. Key new launches in 2024 and 2025 include luxury villa projects World Villas featuring the Club 10 Gymkhana, Arihant Aspire Galenia, Arihant Avanti Palace, Catalina Towers, and Arihant Adarsh. The company doubled its gross development value (GDV) potential to Rs 12,500 crore in fiscal year 2025 and anticipates a business development growth of 30% CAGR through new and ongoing project phases. Arihant Superstructures has recently acquired 100% ownership of its subsidiary Dwellcons Private Limited and continues to focus on asset-light development by forging joint ventures and development partnerships, especially within 12 high-growth micro-markets in Navi Mumbai’s MMR and expanding into new micro-markets such as Titwala. Around 75% of its projects are strategically located within a 10 to 30-minute radius of the upcoming Navi Mumbai International Airport, enhancing their value proposition. The company also emphasizes operational excellence with ISO 9001 certification and showcases expertise across its real estate value chain from land procurement to project execution and sales. This comprehensive operational and product expansion highlights Arihant Superstructures Limited's strategic progression from an affordable housing specialist to a broader real estate developer with strong luxury and mixed-use project portfolios in Maharashtra and Rajasthan. The company leverages internal accruals and funding for ongoing development, targeting a diversified clientele across middle-income and luxury segments while maintaining a dominant position in the Mumbai real estate market.