ARIHANT · Arihant Foundations & Housing Ltd · Real Estate Operations
ARIHANT · Arihant Foundations & Housing Ltd · Real Estate Operations
As of 06 Nov close
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹134 Cr
Revenue YoY
PAT YoY
+47.3%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.6
P/S (TTM)
2
Sector P/E
14.4
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ARIHANT (this stock) | 12.6 | 2.6 | +14.5% | +18.4% | 1.08 | 0.0% |
| Prestige Estates Projects | 61 | 4.5 | +10.3% | +7.5% | 48.73 | +0.1% |
| Embassy Office Parks Reit | 54.6 | 2.1 | +20.3% | +4.3% | 83.5 | +5.6% |
| Nexus Select Trust | 62.2 | 1.9 | +15.7% | +3.0% | 45.44 | +5.5% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedArihant Foundations & Housing Limited (FY2017-18) reported compliance with statutory dues and no defaults in loan repayments. The company faced no regulatory penalties or material non-compliance issues. However, it did not file MGT-14 for several board decisions, and there were disputes over income tax and service tax dues. The audit committee and internal controls were deemed effective, and the company maintained good corporate governance practices. The real estate sector's growth and policy changes were noted as key factors affecting the business outlook.
- No defaults in loan repayments or regulatory penalties noted.
- Non-filing of MGT-14 for multiple board decisions.
- Disputes over income tax and service tax dues pending in various forums.
- Effective internal controls and audit committee functions.
- Compliance with corporate governance standards.
Key takeaway: Arihant Foundations & Housing Limited maintained compliance with statutory obligations and had effective internal controls, but faced disputes over tax dues and non-filing of required disclosures.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (1 item); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesOlder (3+ years ago)
The auditor identified material uncertain tax positions involving significant judgment to determine the outcome of disputes, which are disclosed in Notes 2(o) and 2(p) of the Standalone Financial Statements.
The auditor issued a modified opinion due to audit qualifications related to three entities: Escapade Real Estates Private Limited, North Town Estates Private Limited, and Arihant Unitech Realty Projects Limited, which together had total assets of Rs.31,346.84 lakhs, revenue of Rs.3,412.50 lakhs, and a net loss of Rs.76.80 lakhs as of March 31, 2020.
Regulatory Action
1 occurrenceOlder (3+ years ago)
The company had to pay penalties for non-compliance with SEBI regulations related to board meeting notices, financial filings, and audit delays.
Default / Covenant Breach
1 occurrenceOlder (3+ years ago)
The company has amounts payable in respect of various statutory dues, including Income Tax, Service Tax, etc., in arrears as at March 31, 2020 for a period of more than six months from the date they became payable.
Routine disclosures
Contingent Liability
4 occurrencesOlder (3+ years ago)
The company has contingent liabilities related to pending cases before the CIT Appeals of Income tax for AY 1999-2000, AY 2011-2012, AY 2017-2018, and AY 2013-2014, with amounts specified as 8,11,12,200.
The company has a contingent liability related to Value Added Tax on works contracts, which management considers not material, but if any liability arises, it will be recoverable.
The company may receive interest on amounts paid for pending appeals before ITAT and may receive reimbursement from the joint venture company if the corporate guarantee is invoked.
The company has a service tax dispute amounting to ₹23,16,081 for the period October 2004 to March 2007, with a stay granted.
Related-Party Transaction
3 occurrencesOlder (3+ years ago)
The company has disclosed transactions with related parties, including remuneration to Key Managerial Personnel such as Mr. Kamal Lunawath, Mr. Vimal Lunawath, and Mr. Bharat Jain, for the years ended 31 March 2021 and 31 March 2020.
Mr. Kamal Lunawath has related party transactions disclosed elsewhere in the report, and holds 7,49,100 shares in his personal capacity.
The company has disclosed related-party transactions involving wholly owned subsidiaries, joint venture entities, and key management personnel, including interest waived amounting to 13,724,330* and interest paid of (45,265,720).
Statutory dues in dispute
2 occurrencesOlder (3+ years ago)
The company has not deposited income tax dues for the assessment years 1999-2000 and 2011-12, with disputes pending before the Income Tax Appellate Authority up to the Commissioner’s level.
The company has not deposited certain income tax and service tax dues as of March 31, 2019, due to disputes pending before specified forums.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
3.65% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).