Arihant Foundations & Housing Limited
Arihant Foundations & Housing Limited, together with its subsidiaries, engages in real estate development and related activities in India. It is involved in the construction and development of residential, commercial, and IT parks. The company was incorporated in 1992 and is based in Chennai, India.
Arihant Foundations & Housing Limited (ARIHANT) - Net Assets
Latest net assets as of September 2023: ₹187.55 Million INR
Based on the latest financial reports, Arihant Foundations & Housing Limited (ARIHANT) has net assets worth ₹187.55 Million INR as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹325.95 Million) and total liabilities (₹138.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹187.55 Million |
| % of Total Assets | 57.54% |
| Annual Growth Rate | -12.34% |
| 5-Year Change | -88.3% |
| 10-Year Change | -88.28% |
| Growth Volatility | 85.63 |
Arihant Foundations & Housing Limited - Net Assets Trend (2008–2023)
This chart illustrates how Arihant Foundations & Housing Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arihant Foundations & Housing Limited (2008–2023)
The table below shows the annual net assets of Arihant Foundations & Housing Limited from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | ₹196.54 Million | +298.99% |
| 2022-03-31 | ₹49.26 Million | +69.43% |
| 2021-03-31 | ₹29.07 Million | -96.92% |
| 2020-03-31 | ₹944.44 Million | -43.75% |
| 2019-03-31 | ₹1.68 Billion | +7.56% |
| 2018-03-31 | ₹1.56 Billion | -2.21% |
| 2017-03-31 | ₹1.60 Billion | -10.99% |
| 2016-03-31 | ₹1.79 Billion | +19.92% |
| 2015-03-31 | ₹1.50 Billion | -10.78% |
| 2013-03-31 | ₹1.68 Billion | -10.66% |
| 2012-03-31 | ₹1.88 Billion | -3.77% |
| 2011-03-31 | ₹1.95 Billion | +29.04% |
| 2010-03-31 | ₹1.51 Billion | +2.85% |
| 2009-03-31 | ₹1.47 Billion | +3.70% |
| 2008-03-31 | ₹1.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arihant Foundations & Housing Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 98.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹16.46 Million | 8.38% |
| Common Stock | ₹60.55 Million | 30.81% |
| Other Comprehensive Income | ₹24.16 Million | 12.29% |
| Other Components | ₹95.37 Million | 48.52% |
| Total Equity | ₹196.54 Million | 100.00% |
Arihant Foundations & Housing Limited Competitors by Market Cap
The table below lists competitors of Arihant Foundations & Housing Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goldstone Technologies Limited
NSE:GOLDTECH
|
$3.95 Million |
|
Mighty Kingdom Ltd
AU:MKL
|
$3.95 Million |
|
Beowulf Mining PLC
ST:BEO-SDB
|
$3.95 Million |
|
Demire Deutsche Mittelstand Real Estate AG
F:DMRE
|
$3.95 Million |
|
GI Group Poland S.A.
WAR:GIG
|
$3.95 Million |
|
EUROCINE VACCINES NAM.
F:8X4
|
$3.95 Million |
|
Maral Overseas Limited
NSE:MARALOVER
|
$3.95 Million |
|
Lysaght Galvanized Steel Bhd
KLSE:9199
|
$3.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arihant Foundations & Housing Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 49,259,000 to 196,540,000, a change of 147,281,000 (299.0%).
- Net income of 14,884,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 640,999.
- Other factors increased equity by 131,756,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹14.88 Million | +7.57% |
| Other Comprehensive Income | ₹641.00K | +0.33% |
| Other Changes | ₹131.76 Million | +67.04% |
| Total Change | ₹- | 298.99% |
Book Value vs Market Value Analysis
This analysis compares Arihant Foundations & Housing Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.20x to 7.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹177.12 | ₹212.00 | x |
| 2009-03-31 | ₹208.41 | ₹212.00 | x |
| 2010-03-31 | ₹175.61 | ₹212.00 | x |
| 2011-03-31 | ₹226.74 | ₹212.00 | x |
| 2012-03-31 | ₹218.20 | ₹212.00 | x |
| 2013-03-31 | ₹194.94 | ₹212.00 | x |
| 2015-03-31 | ₹88.41 | ₹212.00 | x |
| 2016-03-31 | ₹203.08 | ₹212.00 | x |
| 2017-03-31 | ₹294.54 | ₹212.00 | x |
| 2018-03-31 | ₹174.82 | ₹212.00 | x |
| 2019-03-31 | ₹186.02 | ₹212.00 | x |
| 2020-03-31 | ₹128.66 | ₹212.00 | x |
| 2021-03-31 | ₹4.80 | ₹212.00 | x |
| 2022-03-31 | ₹8.13 | ₹212.00 | x |
| 2023-03-31 | ₹28.47 | ₹212.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arihant Foundations & Housing Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.44%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.43x
- Recent ROE (7.57%) is above the historical average (5.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 20.27% | 12.32% | 0.73x | 2.24x | ₹145.56 Million |
| 2009 | 1.70% | 1.48% | 0.46x | 2.48x | ₹-122.01 Million |
| 2010 | 1.40% | 1.51% | 0.38x | 2.45x | ₹-130.03 Million |
| 2011 | 0.46% | 0.49% | 0.39x | 2.41x | ₹-186.00 Million |
| 2012 | 2.58% | 2.23% | 0.46x | 2.53x | ₹-139.26 Million |
| 2013 | -11.07% | -14.10% | 0.25x | 3.16x | ₹-353.25 Million |
| 2015 | -19.64% | -18.84% | 0.15x | 6.99x | ₹-225.34 Million |
| 2016 | -5.32% | -9.27% | 0.21x | 2.67x | ₹-267.50 Million |
| 2017 | -0.26% | -0.45% | 0.21x | 2.69x | ₹-259.77 Million |
| 2018 | -0.93% | -2.14% | 0.15x | 2.91x | ₹-164.37 Million |
| 2019 | -1.57% | -2.75% | 0.25x | 2.30x | ₹-185.06 Million |
| 2020 | 0.38% | 2.19% | 0.03x | 5.91x | ₹-106.44 Million |
| 2021 | 38.72% | 7.99% | 1.70x | 2.85x | ₹8.35 Million |
| 2022 | 40.76% | 13.20% | 1.38x | 2.24x | ₹15.15 Million |
| 2023 | 7.57% | 6.44% | 0.82x | 1.43x | ₹-4.77 Million |
Industry Comparison
This section compares Arihant Foundations & Housing Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arihant Foundations & Housing Limited (ARIHANT) | ₹187.55 Million | 20.27% | 0.74x | $3.95 Million |
| Allcargo Gati Limited (ACLGATI) | $8.47 Billion | -9.25% | 0.88x | $113.19 Million |
| Artemis Medicare Services Limited (ARTEMISMED) | $2.47 Billion | 10.99% | 0.90x | $83.00 Million |
| Dhani Services Limited (DHANI) | $3.70 Billion | 68.11% | 3.17x | $141.20 Million |
| Gujarat Raffia Industries Limited (GUJRAFFIA) | $190.90 Million | 5.86% | 0.72x | $1.41 Million |
| Ind-Swift Limited (INDSWFTLTD) | $-6.95 Billion | 0.00% | 0.00x | $3.27 Million |
| ICICI Securities Limited (ISEC) | $39.23 Billion | 43.25% | 5.53x | $845.25 Million |
| Inox Wind Energy Limited (IWEL) | $20.04 Billion | -9.36% | 1.04x | $341.31 Million |
| Mangalore Chemicals & Fertilizers Limited (MANGCHEFER) | $8.03 Billion | 16.77% | 2.31x | $138.23 Million |
| Oriental Carbon & Chemicals Limited (OCCL) | $682.22 Million | 11.18% | 0.61x | $12.20 Million |