# Arihant Foundations & Housing share price today (Arihant Foundations & Housing Ltd, NSE: ARIHANT) > Arihant Foundations & Housing share price today: ₹845.00 at the NSE close on 30 October 2026, down 22.0% in a year. Arihant Foundations & Housing (NSE: ARIHANT) trades at a P/E of 13.0 and has closed between ₹788.50 and ₹1,230.05 over the past 52 weeks. > Arihant Foundations & Housing Ltd's earnings have grown faster than its share price. Earnings per share grew +38.1% in a year while the price moved −22.0%. ARIHANT · Realty - Construction & Contracting · data as of 30 October 2026. Page: https://www.sectoralpha.in/stocks/arihant-foundations-housing-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from the last 12 quarters - Price: ₹845.00 (−22.0% in a year) - P/E: 13.0× (lower than 62% of the last 11 years) - Revenue (Jun 2026): ₹134 Cr (+61.4% on a year ago) - Profit (Jun 2026): ₹24.0 Cr (+50.0% on a year ago) - Operating margin: 27.0% (+1.0 points on a year ago) - ROCE: 16%, FY26 - ROIC: 16.6%, against a 12.0% cost of capital: +4.6 points The main question: profits are rising, but only 34% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Arihant Foundations & Housing share price today? Arihant Foundations & Housing Ltd's share price was ₹845.00 at the close on 30 October 2026. It has been falling for 3 weeks. That is 11.7% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. In the last 52 weeks it traded between ₹789 and ₹1,230, and at that close it sat 13% of the way up from that low. Over the last 11 years the share price moved +1,948% while the NIFTY 500 moved +240%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Arihant Foundations & Housing this quarter? 2. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare) In the June 2026 quarter revenue was ₹134 crore, +61.4% on a year earlier. 3. Highest quarterly profit in 15 quarters Profit of ₹24 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are Arihant Foundations & Housing's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Arihant Foundations & Housing reported revenue of ₹134 crore, up 61.4% from ₹83.0 crore a year earlier, and a profit of ₹24.0 crore, up 50.0% from ₹16.0 crore. ### Arihant Foundations & Housing results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹134 crore | ₹83.0 crore | +61.4% | | Profit | ₹24.0 crore | ₹16.0 crore | +50.0% | | Earnings per share | ₹22.18 | ₹16.41 | +35.2% | | Operating margin | 27.0% | 26.0% | +1.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Arihant Foundations & Housing share price history? Arihant Foundations & Housing closed at ₹845.00 on 30 October 2026, down 22.0% from ₹1,083.00 a year earlier (31 October 2025) and up 1,271.8% over five years. Its highest weekly close since March 2016 was ₹1,483.75 on 13 June 2025. ### Arihant Foundations & Housing share price: then and now | When | Close | Change to 30 Oct 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹819.60 | +3.1% | | 1 month ago · 1 Oct 2026 | ₹896.70 | −5.8% | | 6 months ago · 30 Apr 2026 | ₹932.60 | −9.4% | | 1 year ago · 31 Oct 2025 | ₹1,083.00 | −22.0% | | 3 years ago · 27 Oct 2023 | ₹64.47 | +1,210.7% | | 5 years ago · 29 Oct 2021 | ₹61.60 | +1,271.8% | | 10 years ago · 30 Oct 2016 | ₹72.35 | +1,067.9% | | Earliest weekly close in our records · 22 Mar 2016 | ₹41.25 | +1,948.5% | | Highest weekly close since March 2016 · 13 Jun 2025 | ₹1,483.75 | −43.0% | | Lowest weekly close since March 2016 · 8 May 2020 | ₹13.75 | +6,045.5% | | 52-week high (weekly close) · 28 Nov 2025 | ₹1,230.05 | −31.3% | | 52-week low (weekly close) · 1 Jul 2026 | ₹788.50 | +7.2% | Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes. (531 weekly closes from 22 March 2016 to 30 October 2026.) ## What is the latest news on Arihant Foundations & Housing? 30 Oct 2026: Arihant Foundations & Housing closed at ₹845.00, up 3.1% on the week and down 5.8% on the month. Our read, 22 Aug 2026: Arihant scaled last 12 months revenue by 88.8% on a year earlier on project deliveries, generating 59 Cr profit in FY26. However, 3-year cash conversion sits at 0.2x cumulative operating cash flow-to-profit as working capital and inventory absorbed 95 Cr. ### Earlier - Results for April to June 2026: Revenue up 61.4% and profit up 50.0% on a year earlier. ### Our read of the business Arihant scaled last 12 months revenue by 88.8% on a year earlier on project deliveries, generating 59 Cr profit in FY26. However, 3-year cash conversion sits at 0.2x cumulative operating cash flow-to-profit as working capital and inventory absorbed 95 Cr. April to June 2026: Revenue rose 61.4% on a year earlier to 134 Cr with 27% operating margin and 24 Cr profit. (Our read after the April to June 2026 results, written 22 August 2026.) ## What dividend does Arihant Foundations & Housing pay? Arihant Foundations & Housing has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. Not in its latest year. Arihant Foundations & Housing Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 5 November 2026.) ## What did Arihant Foundations & Housing management say on the latest results call? Arihant Foundations & Housing's management made 0 promises we could check against what it later reported. (Our read after the April to June 2026 results, written 22 August 2026.) ## What is the future of Arihant Foundations & Housing? What is changing in the business? What is changing at Arihant Foundations & Housing, from the latest results and calls: chennai residential project delivery pipeline, operating leverage in project construction and working capital cash release on project completions. - Chennai Residential Project Delivery Pipeline. Execution and milestone handovers across residential developments driving annual revenue above 400 Cr. ✓ fact - Operating Leverage in Project Construction. Fixed overhead absorption expanding operating margins to 27% in peak delivery quarters. ✓ fact - Working Capital Cash Release on Project Completions. Customer collection acceleration generating 79 Cr operating cash flow in FY26. ✓ fact - Commercial and Mixed-Use Asset Monetization. Monetization of mixed-use and commercial footprint augmenting residential development receipts. ✓ fact We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 22 August 2026.) ## What could change the Arihant Foundations & Housing story? What are the risks? Two consecutive quarters of negative operating cash flow combined with debt exceeding 450 Cr without matching revenue recognition above 120 Cr per quarter. ### Each change stops working if - Chennai Residential Project Delivery Pipeline: Approval bottlenecks or regional slowdown in Chennai residential absorption decelerate quarterly sales below 80 Cr. - Operating Leverage in Project Construction: Raw material inflation in cement and steel together with sub-contractor cost overruns compress development margins below 15%. - Working Capital Cash Release on Project Completions: Customer payment deferrals or inventory buildup in completed unsold units reverse operating cash flow into negative territory. - Commercial and Mixed-Use Asset Monetization: Commercial leasing vacancy rises or rental yields decline, delaying planned capital recycling. ### The main risks - Leverage Expansion and Debt Service Burden: Total borrowings expanded to 400 Cr in FY26 from 149 Cr in FY25. ⚠ estimate - Working Capital Volatility and Cumulative Cash Lag: Three-year cumulative operating cash flow-to-profit conversion remains low at 0.2x. ⚠ estimate - Quarterly Revenue and Earnings Lumpiness: Ind AS 115 milestone revenue recognition creates wide quarterly profit swings. ⚠ estimate - Promoter Stake Dilution and Low Institutional Base: Promoter stake fell to 37.29% with minimal domestic and foreign institutional stake. ⚠ estimate (Our read after the April to June 2026 results, written 22 August 2026.) ## What to watch in Arihant Foundations & Housing's next results? When Arihant Foundations & Housing reports July to September 2026, these are the 5 checks that show whether the story is still on course. First: Quarterly operating profit margin dipping below 15% across two consecutive quarters. | What to check | Why | | --- | --- | | Quarterly operating profit margin dipping below 15% across two consecutive quarters. | | | Total debt exceeding 450 Cr or quarterly interest expense remaining above 10 Cr without commensurate revenue. | Leverage Expansion and Debt Service Burden | | Full-year FY27 operating cash flow turning negative. | Working Capital Volatility and Cumulative Cash Lag | | Quarterly net profit dropping below 5 Cr during active development periods. | Quarterly Revenue and Earnings Lumpiness | | Further promoter stake sales below 35%. | Promoter Stake Dilution and Low Institutional Base | ## Which stock lists is Arihant Foundations & Housing on? Arihant Foundations & Housing is on one of our India lists: Real estate, REIT & cement. [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india) ## Is Arihant Foundations & Housing profitable? Arihant Foundations & Housing Ltd earned ₹24.0 Cr of net profit in the Jun 2026 quarter, +50.0% on the same quarter a year earlier. Full-year FY26 profit was ₹59.0 Cr. That is 17.9% of the quarter's revenue. The same quarter a year earlier earned ₹16.0 Cr. For the full year, FY26 profit was ₹59.0 Cr (+37.2% on the year before). Why profit moved: revenue changed +61.4% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +37.5% and revenue +90.4%. Profit is growing slower than sales: rising costs are taking part of the growth. FY26-Q4. revenue ₹148 Cr and profit ₹4 Cr as reported. FY27-Q1. revenue ₹134 Cr and profit ₹24 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much revenue does Arihant Foundations & Housing make, and is it growing? Arihant Foundations & Housing Ltd reported ₹134 Cr of revenue in the Jun 2026 quarter, +61.4% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 12.9% a year on average. The last full year, FY26, came in at ₹420 Cr. Why this happened. Revenue expanded 238% over two fiscal years from 124 Cr in FY24 to 420 Cr in FY26. Under project completion accounting, handovers in prime Chennai corridors provide operational scale. The last four reported quarters add to ₹472 Cr. FY26 revenue was ₹420 Cr, +103.9% on the year before. Recent pace: the last four quarters grew +90.4% on average, against 12.9% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +88.8%, against +94.3% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +38.8%, against +79.9% a year (rolling over). FY26-Q4. revenue ₹148 Cr and profit ₹4 Cr as reported. FY27-Q1. revenue ₹134 Cr and profit ₹24 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does Arihant Foundations & Housing keep? Arihant Foundations & Housing Ltd's operating margin was 27.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −39.0% and 31.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.6 percentage points on the year while gross margin changed +0.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. FY26-Q4. revenue ₹148 Cr and profit ₹4 Cr as reported. FY27-Q1. revenue ₹134 Cr and profit ₹24 Cr as reported. Why-sources: our stock research file (22 August 2026) and the company’s own results for those quarters. ## Is Arihant Foundations & Housing's profit turning into cash? Over the last 3 years, 34% of Arihant Foundations & Housing Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹49.0 Cr of operating cash against ₹59.0 Cr of profit. After ₹2.0 Cr of spending on assets, ₹47.0 Cr was left over as free cash. Why this happened. After negative operating cash flow of -86 Cr in FY25 due to construction outlays, FY26 operating cash flow inflected to 79 Cr (1.34x PAT) as customer milestone billings converted to cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Arihant Foundations & Housing's cash go? Arihant Foundations & Housing Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹420 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹3.0 Cr on assets over the last 3 years. Averaged over those years that is 0.2% of FY26 revenue a year. Spending on assets: ₹3.0 Cr over the last 3 years, against ₹2.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Arihant Foundations & Housing's P/E ratio, and how does it compare with its own history? Arihant Foundations & Housing Ltd's P/E is 13.0×, in the middle of its own history: higher than 38% of past readings. Its usual P/E (the middle reading) is 14.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹66.60. Why the multiple is where it is: over the past year earnings per share moved +38.1% while the price moved −22.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +135.8% a year; about +75.2% a year came from earnings growth and about +60.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## What growth does the Arihant Foundations & Housing share price assume? Worked out from its price on 27 August 2026, Arihant Foundations & Housing Ltd's share price assumed profit growth of about 6.7% a year. Today its P/E is 13.0×, lower than 62% of its own last 11 years. This is a one-day reading, taken on 27 August 2026. Every other number on this page, the multiple included, uses the latest price as of 30 October 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the Arihant Foundations & Housing business getting better or worse? Arihant Foundations & Housing Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +230.8% at its peak to +38.8%, but the business is still expanding, with ROCE steady at 20.1%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## What is the Arihant Foundations & Housing story, and has it been checked? Arihant Foundations & Housing Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: MID CONTRACTION. Still open: Two consecutive quarters of negative operating cash flow combined with debt exceeding 450 Cr without matching revenue recognition above 120 Cr per quarter. Our read, 22 August 2026. From the numbers. From the price. Price stage 4, week 3, below its 200-day line, relative strength falling. From the research. Where they disagree. TTM operating profit margin of 27.1% sits at the 74th percentile of history, compared to a 10-year normalized mid-cycle margin of 8.9%. What is proven. What is not proven yet. Two consecutive quarters of negative operating cash flow combined with debt exceeding 450 Cr without matching revenue recognition above 120 Cr per quarter. What would change our mind. Two consecutive quarters of negative operating cash flow combined with debt exceeding 450 Cr without matching revenue recognition above 120 Cr per quarter. The test written in advance. Two consecutive quarters of negative operating cash flow combined with debt exceeding 450 Cr without matching revenue recognition above 120 Cr per quarter. Measured by: the thesis as written as stated by the next result. The test written in advance. The test written in advance. Leverage Expansion and Debt Service Burden. Measured by: Leverage Expansion and Debt Service Burden Total debt exceeding 450 Cr or quarterly interest expense remaining above 10 Cr without commensurate revenue. by the next result. What the company does. Arihant scaled TTM revenue by 88.8% YoY on project deliveries, generating 59 Cr PAT in FY26. However, 3-year cash conversion sits at 0.2x cumulative OCF-to-PAT as working capital and inventory absorbed 95 Cr. What the surface reading misses. The surface reading is: Revenue more than tripled over two fiscal years, showing rapid operational expansion. The research reads it further: Revenue scaling reflects milestone recognition on active Chennai residential completions under Ind AS 115 rather than multi-year recurring billing. What the surface reading misses. The surface reading is: Net profit grew more than 4x from FY24 to FY26, signaling clear earnings recovery. The research reads it further: Operating profit reached 97 Cr (23% OPM), but PAT conversion was muted by 251 Cr debt expansion and 12 Cr quarterly interest expense in Mar 2026. Lever 12 · New product launch: building. Execution and milestone handovers across residential developments driving annual revenue above 400 Cr. What proves it keeps working: Chennai Residential Project Delivery Pipeline. It stops working if Approval bottlenecks or regional slowdown in Chennai residential absorption decelerate quarterly sales below 80 Cr. Lever 1 · Operating leverage: building. Fixed overhead absorption expanding operating margins to 27% in peak delivery quarters. What proves it keeps working: Operating Leverage in Project Construction. It stops working if Raw material inflation in cement and steel together with sub-contractor cost overruns compress development margins below 15%. Sources: our stock research file (22 August 2026) · quarterly results through Jun 2026. The story check is re-scored every results season; the record below never changes. ## How much does Arihant Foundations & Housing earn on its capital? Arihant Foundations & Housing Ltd earned a ROCE of 16% in FY26. That is up from a low of −3% in Dec 2014. Its return on capital used (ROIC) is 4.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 14.0% net margin and 0.41× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 14.0% net margin × 0.41× asset turnover × 2.74× leverage (assets divided by equity) ≈ 15.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 16.6% − 12.0% = +4.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 16.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 20.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Arihant Foundations & Housing have too much debt? Arihant Foundations & Housing Ltd has total debt of ₹400 Cr against shareholder equity of ₹371 Cr as of Jun 2026, so its debt is 1.08× its equity. Year by year, that ratio went from 3.89 in FY22 to 1.29 in FY26. Keep that borrowing in mind when reading the returns on this page. Why this happened. Operating profit reached 97 Cr in FY26 (23% OPM) compared to 25 Cr in FY24 (20% OPM). Fixed overhead dilution during high-delivery quarters lifts operating profit margins toward 27%. ## What is the Arihant Foundations & Housing shareholding pattern? Promoters cut their stake in Arihant Foundations & Housing Ltd by 5.5 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 37.3% of the company. Domestic institutions moved +1.7 points over the same period, to 1.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −5.5 points over 8 quarters, to 37.3%; Domestic institutions: +1.7 points over 8 quarters, to 1.7%; Foreign institutions: +0.0 points over 8 quarters, to 0.0%. Why the owners changed: promoters drove it (−5.5 points), with the other side taken by domestic institutions (+1.7 points). They reduced their stake. ## How far is Arihant Foundations & Housing from balance-sheet trouble? For Arihant Foundations & Housing Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Arihant Foundations & Housing rank in its industry? 62.0 out of 100, rank 3 of 26 in Realty - Construction & Contracting, with 81% of the evidence available. Arihant Foundations & Housing Ltd scores 62.0 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.9 + 16.7 + 15.6 + 8.8 = 62. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Arihant Foundations & Housing compared with? Arihant Foundations & Housing ranks 3 of 26 Realty - Construction & Contracting companies on the 4-Factor Sector Score, with 62.0 out of 100. 1. [Suratwwala Business Group Ltd](https://www.sectoralpha.in/stocks/suratwwala-business-group-ltd) SBGLP · Most evidence points up · 76% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.2/43.75 · Revenue 100% · Profit 100% · Operating margin change -11.9 points · 88% evidence Capital efficiency 22.8/31.25 · ROCE 30.8% · Operating margin 31.9% · 100% evidence Valuation 17.7/25 · P/E 9.7× · PEG 1.22 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.2 + 22.8 + 17.7 = 72.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. [Ashiana Housing Ltd](https://www.sectoralpha.in/stocks/ashiana-housing-ltd) ASHIANA · quiet · Evidence leans up · 86% evidence 62.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 37% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 13.0/25 · ROCE 14% · Operating margin 7% · 100% evidence Valuation 10.1/20 · P/E 28.6× · PEG n/a · 50% evidence Relative strength 11.9/20 · Lead over its industry 2.8% · Lead over NIFTY 500 4.7% · 1 year 19.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 27.5 + 13 + 10.1 + 11.9 = 62.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. Arihant Foundations & Housing Ltd this page ARIHANT · quiet · Evidence leans up · 81% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 88.8% · Profit 38.8% · Operating margin change 1 points · 88% evidence Capital efficiency 16.7/25 · ROCE 16.4% · Operating margin 27% · 100% evidence Valuation 15.6/20 · P/E 13× · PEG 0.24 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.1% · 1 year -22% · 25% evidence · 9 of 12 weeks ahead Exact sum: 20.9 + 16.7 + 15.6 + 8.8 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [PVP Ventures Ltd](https://www.sectoralpha.in/stocks/pvp-ventures-ltd) PVP · leader · Evidence leans up · 64% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 62% evidence Capital efficiency 9.0/25 · ROCE 6.4% · Operating margin 29% · 76% evidence Valuation 9.0/20 · P/E 75.8× · PEG n/a · 15% evidence Relative strength 19.2/20 · Lead over its industry 28.5% · Lead over NIFTY 500 30.2% · 1 year 29.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 9 + 9 + 19.2 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Ajmera Realty & Infra India Ltd](https://www.sectoralpha.in/stocks/ajmera-realty-infra-india-ltd) AJMERA · turning · Evidence leans up · 78% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 43.3% · Profit 23.5% · Operating margin change -1 points · 83% evidence Capital efficiency 16.6/25 · ROCE 14.3% · Operating margin 29% · 76% evidence Valuation 9.1/20 · P/E 16.9× · PEG n/a · 50% evidence Relative strength 11.7/20 · Lead over its industry -2.3% · Lead over NIFTY 500 -0.5% · 1 year -38.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 21.3 + 16.6 + 9.1 + 11.7 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Arvind SmartSpaces Ltd](https://www.sectoralpha.in/stocks/arvind-smartspaces-ltd) ARVSMART · breaking out · Evidence leans up · 78% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 5.3% · Profit 48% · Operating margin change 28 points · 83% evidence Capital efficiency 16.1/25 · ROCE 12.4% · Operating margin 49% · 76% evidence Valuation 11.6/20 · P/E 14× · PEG n/a · 50% evidence Relative strength 9.9/20 · Lead over its industry -1.7% · Lead over NIFTY 500 0.2% · 1 year -11.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 19.6 + 16.1 + 11.6 + 9.9 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Raymond Ltd](https://www.sectoralpha.in/stocks/raymond-ltd) RAYMOND · leader · Evidence leans up · 75% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 16.7% · Profit -80% · Operating margin change 3 points · 95% evidence Capital efficiency 9.1/25 · ROCE 3.1% · Operating margin 11% · 76% evidence Valuation 8.8/20 · P/E 138× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 94.5% · Lead over NIFTY 500 96.4% · 1 year 91.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.9 + 9.1 + 8.8 + 20 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Eldeco Housing & Industries Ltd](https://www.sectoralpha.in/stocks/eldeco-housing-industries-ltd) ELDEHSG · turning · Evidence leans up · 81% evidence 56.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.3/35 · Revenue 38.1% · Profit 100% · Operating margin change 25 points · 88% evidence Capital efficiency 13.9/25 · ROCE 7.7% · Operating margin 36% · 100% evidence Valuation 3.5/20 · P/E 21.2× · PEG 2.59 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.1% · 1 year -11% · 25% evidence · 1 of 12 weeks ahead Exact sum: 29.3 + 13.9 + 3.5 + 9.8 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Capacite Infraprojects Ltd](https://www.sectoralpha.in/stocks/capacite-infraprojects-ltd) CAPACITE · quiet · Evidence leans up · 81% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue 12.4% · Profit -5.6% · Operating margin change -1 points · 88% evidence Capital efficiency 15.9/25 · ROCE 15.5% · Operating margin 16% · 100% evidence Valuation 17.4/20 · P/E 6.7× · PEG 0.59 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -32.9% · 1 year -49.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 15.9 + 17.4 + 7.5 = 55.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Kolte Patil Developers Ltd](https://www.sectoralpha.in/stocks/kolte-patil-developers-ltd) KOLTEPATIL · leader · Evidence leans up · 66% evidence 54.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 7.8% · Profit 47.1% · Operating margin change 53 points · 65% evidence Capital efficiency 9.2/25 · ROCE -0.3% · Operating margin 21% · 100% evidence Valuation 11.5/20 · P/E 31.6× · PEG 0.74 · 65% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 19.9% · 1 year 3.9% · 25% evidence · 12 of 12 weeks ahead Exact sum: 21.4 + 9.2 + 11.5 + 12.2 = 54.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Geecee Ventures Ltd](https://www.sectoralpha.in/stocks/geecee-ventures-ltd) GEECEE · leader · Evidence leans up · 96% evidence 52.0 out of 100 Growth Capital Valuation Relative 12. [Sunteck Realty Ltd](https://www.sectoralpha.in/stocks/sunteck-realty-ltd) SUNTECK · turning · Evidence leans up · 93% evidence 50.7 out of 100 Growth Capital Valuation Relative 13. [Keystone Realtors Ltd](https://www.sectoralpha.in/stocks/keystone-realtors-ltd) RUSTOMJEE · basing · Evidence leans down · 63% evidence 48.3 out of 100 Growth Capital Valuation Relative 14. [Suraj Estate Developers Ltd](https://www.sectoralpha.in/stocks/suraj-estate-developers-ltd) SURAJEST · quiet · Evidence leans down · 100% evidence 47.6 out of 100 Growth Capital Valuation Relative 15. [AGI Infra Ltd](https://www.sectoralpha.in/stocks/agi-infra-ltd) AGIIL · quiet · Evidence leans down · 96% evidence 47.5 out of 100 Growth Capital Valuation Relative 16. [Kesar India Ltd](https://www.sectoralpha.in/stocks/kesar-india-ltd) quiet · Evidence leans down · 76% evidence 45.8 out of 100 Growth Capital Valuation Relative 17. [Laxmi Goldorna House Ltd](https://www.sectoralpha.in/stocks/laxmi-goldorna-house-ltd) LGHL · breaking out · Evidence leans down · 71% evidence 45.6 out of 100 Growth Capital Valuation Relative 18. [Ganesh Housing Ltd](https://www.sectoralpha.in/stocks/ganesh-housing-ltd) GANESHHOU · basing · Evidence leans down · 100% evidence 42.9 out of 100 Growth Capital Valuation Relative 19. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) SHRIRAMPPS · basing · Evidence leans down · 96% evidence 42.4 out of 100 Growth Capital Valuation Relative 20. [Omaxe Ltd](https://www.sectoralpha.in/stocks/omaxe-ltd) OMAXE · breaking out · Too little evidence to rank firmly · 56% evidence 41.6 out of 100 Growth Capital Valuation Relative 21. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) HUBTOWN · turning · Evidence leans down · 68% evidence 40.2 out of 100 Growth Capital Valuation Relative 22. [Valor Estate Ltd](https://www.sectoralpha.in/stocks/valor-estate-ltd) DBREALTY · quiet · Evidence leans down · 79% evidence 40.0 out of 100 Growth Capital Valuation Relative 23. [SignatureGlobal India Ltd](https://www.sectoralpha.in/stocks/signatureglobal-india-ltd) SIGNATURE · quiet · Evidence leans down · 79% evidence 38.6 out of 100 Growth Capital Valuation Relative 24. [Puravankara Ltd](https://www.sectoralpha.in/stocks/puravankara-ltd) PURVA · quiet · Too little evidence to rank firmly · 49% evidence 54.4 out of 100 Growth Capital Valuation Relative 25. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) HEMIPROP · basing · Too little evidence to rank firmly · 49% evidence 30.7 out of 100 Growth Capital Valuation Relative 26. [Peninsula Land Ltd](https://www.sectoralpha.in/stocks/peninsula-land-ltd) PENINLAND · Too little evidence to rank firmly · 48% evidence 26.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - Construction & Contracting](https://www.sectoralpha.in/sectors/realty-construction-contracting), all 26 compared on one page. ## Which companies are close to Arihant Foundations & Housing in size? Arihant Foundations & Housing is the 21st largest of 26 Realty - Construction & Contracting companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Laxmi Goldorna House, PVP Ventures and Shriram Properties. Just below it: Suraj Estate Developers, Eldeco Housing & Industries and Geecee Ventures. ### Realty - Construction & Contracting companies close in size 1. [Laxmi Goldorna House Ltd](https://www.sectoralpha.in/stocks/laxmi-goldorna-house-ltd) ₹1,211 crore 2. [PVP Ventures Ltd](https://www.sectoralpha.in/stocks/pvp-ventures-ltd) ₹1,157 crore 3. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) ₹1,091 crore 4. Arihant Foundations & Housing Ltd ₹888 crore 5. [Suraj Estate Developers Ltd](https://www.sectoralpha.in/stocks/suraj-estate-developers-ltd) ₹824 crore 6. [Eldeco Housing & Industries Ltd](https://www.sectoralpha.in/stocks/eldeco-housing-industries-ltd) ₹769 crore 7. [Geecee Ventures Ltd](https://www.sectoralpha.in/stocks/geecee-ventures-ltd) ₹734 crore [All 26 Realty - Construction & Contracting companies, largest first](https://www.sectoralpha.in/sectors/realty-construction-contracting#all-companies) ### Companies close in size in other industries 1. [BCL Industries Ltd](https://www.sectoralpha.in/stocks/bcl-industries-ltd) ₹890 crore · Diversified 2. [Regaal Resources Ltd](https://www.sectoralpha.in/stocks/regaal-resources-ltd) ₹889 crore · Starch 3. Arihant Foundations & Housing Ltd ₹888 crore 4. [Gulshan Polyols Ltd](https://www.sectoralpha.in/stocks/gulshan-polyols-ltd) ₹887 crore · Miscellaneous 5. [Tamil Nadu Newsprint & Papers Ltd](https://www.sectoralpha.in/stocks/tamil-nadu-newsprint-papers-ltd) ₹887 crore · Paper ## What else do people ask about Arihant Foundations & Housing? ### What were Arihant Foundations & Housing's latest quarterly results? Arihant Foundations & Housing Ltd reported revenue of ₹134 Cr and net profit of ₹24.0 Cr for the Jun 2026 quarter. Revenue rose 61.4% and profit rose 50.0% compared with a year earlier. Earnings per share were ₹22.18 (as of 30 October 2026). ### What is Arihant Foundations & Housing's market cap? Arihant Foundations & Housing Ltd's market capitalisation is ₹888 Cr at a share price of ₹845.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 30 October 2026). ### How is Arihant Foundations & Housing performing? Arihant Foundations & Housing Ltd's share price has been falling for 3 weeks. In its latest quarter, revenue rose 61.4% and profit rose 50.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 30 October 2026). ### Will Arihant Foundations & Housing's share price go up? This page does not forecast Arihant Foundations & Housing Ltd's share price. What it shows instead: the share price is ₹845.00, and it has been falling for 3 weeks. Its P/E of 13.0× is higher than 38% of its own last 11 years (as of 30 October 2026). ### Who owns Arihant Foundations & Housing? Promoters own 37.3% of Arihant Foundations & Housing Ltd, foreign institutions 0.0%, domestic institutions 1.7% and the public 61.0% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 5.5 percentage points over 8 quarters (as of 30 October 2026). ### Where is Arihant Foundations & Housing in its business cycle? Arihant Foundations & Housing Ltd's FY26 operating margin was 23.0%, against a 13-year range of −39.0% to 31.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 27.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 30 October 2026). ### What could break the Arihant Foundations & Housing story? The main question: profits are rising, but only 34% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 30 October 2026). ### Is Arihant Foundations & Housing a stock worth studying right now? What the numbers show: Arihant Foundations & Housing Ltd's earnings have grown faster than its share price. Earnings per share grew +38.1% in a year while the price moved −22.0%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 30 October 2026). ### Is there a Arihant Foundations & Housing share price forecast for 2026? What is changing at Arihant Foundations & Housing, from the latest results and calls: chennai residential project delivery pipeline, operating leverage in project construction and working capital cash release on project completions. What would change the story: Two consecutive quarters of negative operating cash flow combined with debt exceeding 450 Cr without matching revenue recognition above 120 Cr per quarter. ## Lists - Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india This is research, not advice. We’re not SEBI-registered.