Arihant Academy Ltd.

Arihant Academy Ltd.

NNSE:ARIHANTACA
230.00
INR
-27.50
(-10.68%)
7.71EPS
30.88P/E
2.84BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
15.86
11.63
12.56
19.09
25.07
33.49
46.2
55.08
Basic EPS, GAAP
0.35
0.93
1.66
1.23
1.28
3.67
7.52
7.59
Free Cash Flow per Basic Share
-0.61
1.24
1.45
-1.1
2.71
3.19
8.52
- -
Dividend per Share
- -
- -
- -
- -
- -
0.5
0.5
- -
Book Value per Share
1.47
2.4
4.07
16.23
17.51
20.68
27.7
- -
Tangible Book Value per Share
1.47
2.4
4.07
16.23
17.21
17.99
19.38
- -
Basic Weighted Avg Shares
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
192
141
152
231
303
406
559
667
Operating Margin (%)
3.76
11.08
17.36
8.5
3.63
9.16
19.68
15.48
Depreciation Expense
6
6
5
17
14
19
31
35
Net Income, GAAP
4
11
20
15
15
44
91
92
Effective Tax Rate (%)
35.26
25.7
25.57
35.84
13.62
22.37
27.09
26.59
Profit Margin (%)
2.19
7.99
13.2
6.44
5.1
10.96
16.28
13.79
Working Capital
-25
-23
-18
126
94
1
-21
- -
LT Debt
5
3
- -
- -
- -
- -
- -
- -
Total Equity
18
29
49
197
212
250
335
- -
Return on Invested Capital (%)
- -
38.12
40.66
5.64
2.47
12.39
27.09
- -
Return on Capital (%)
- -
38.6
42.68
11.63
7.71
19.22
31.17
- -
Return on Common Equity (%)
- -
48.01
51.24
12.11
7.58
19.22
31.09
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
3,027
3,244
2,840

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
212
- -
Cash, Cash Equivalents & STI
- -
84
- -
Accounts Receivable, Net
- -
72
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
232
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
85.64%
33.94%
Free Cash Flow
- -
-63.84%
166.98%
Net Income, GAAP
- -
69.7%
104.85%
Sales/Revenue/Turnover
- -
32.58%
37.95%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
110
98
140
406
2026
172
151
140
157
559
2027
220
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
1.26
0.97
1.47
3.67
2026
1.62
1.69
1.47
2.75
7.52
2027
1.7
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
0.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Anil Suresh Kapasi
Full Time Employees
254
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Triveni Sadan Mumbai MA India 400066
IPO Date
Dec 29, 2022
Business
Arihant Academy Ltd. provides coaching and educational support services to secondary and higher secondary students in India. The company offers classroom-based programs supplemented by digital tools and assessments for SSC, ICSE, and CBSE syllabi in classes 8 to 10; science stream coaching in classes 11 and 12 covering JEE Main, JEE Advanced, MHT-CET, and NEET; commerce stream coaching in classes 11 and 12 including CA Foundation, CA Intermediate, CS EET, and CS Executive; and additional programs such as Fintech Certification and IELTS preparation. Arihant Academy operates primarily in the Mumbai metropolitan region across multiple centers in areas including Borivali, Kandivali, Mira Road, Virar, Dahisar, Navi Mumbai, and Vasai, targeting students preparing for board exams, competitive entrances, and professional qualifications in a single coaching services segment. Founded in 1998 and headquartered at Ground Floor, Triveni Sadan, Carter Road No. 3, Borivali East, Mumbai, Maharashtra, the company was incorporated as India Tutorials Private Limited in 2007, acquired the Arihant Academy partnership business in 2009, changed its name to Arihant Academy Private Limited in 2012, and converted to a public limited company in 2022. In recent developments, Arihant Academy acquired a 51% stake in ZEAL Academy in October 2024 at a valuation of INR 17 crore to expand into Navi Mumbai with enhanced IIT-JEE and NEET coaching; completed the 100% acquisition of Carmel Classes and Carmel Tuitions in April 2025 for USD 1.2 million, adding over 30 classrooms and 2,000 students in Vasai; and signed an MOU in 2025 for its 36th branch in Nashik, alongside a strategic partnership in Nawalgarh, Rajasthan. These moves strengthen its infrastructure, geographic footprint, and curriculum breadth for STEM and professional courses amid robust financial growth, with total revenue rising 35% to INR 42.58 crore in fiscal year 2025.