Arham Technologies Ltd.

197.22.36%

2026-08-21

arhamtechnologies.co.inBSE: -NSE: ARHAM
Market Cap₹ 420 Cr.
Current Price₹ 197
High / Low₹ 195 / 82
Stock P/E0.0
Book Value₹ 41
Price to Book2.98
Dividend Yield0.00 %
ROCE14.0 %
ROE12.5 %
Face Value₹ 10

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ABOUT

KEY POINTS

PROS

  • Company has delivered good profit growth of 29.4% CAGR over last 5 years
  • Company has delivered good sales growth of 35.1% CAGR over last 5 years
  • Company generates healthy free cash flow
  • Company maintains a comfortable, low leverage position

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • Promoter holding has decreased over last 2 years: -16.1pp
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.94x)
  • Working capital days have increased from 127 to 173 days
  • Valuation is stretched - P/E of 35.8 is well above its own 5-year median (23.5)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.LGEINDIA1632.400.00110802.810.006528.631172.0172333.501054.9534.3912.50
2.DIXON14850.0048.3790796.060.07717.83156.3515547.6621.1368.403.03
3.HONAUT36765.950.0032506.700.301507.001109.4712044.00918.0017.0414.32
4.IFBIND1399.4035.345670.200.0043.0564.561584.7418.4122.305.63
5.WEL137.10153.391837.250.003.97258.63233.5650.9318.313.89
6.ONIDA36.620.001353.210.00-141.80-1035.311824.101195.075.37-6.27
7.ELIN99.850.00496.350.00-21.41-328.00362.8025.648.501.10
8.ARHAM192.6534.43420.210.0018.73
9.KHAITANLTD146.9411.5469.800.0024.373077.31414.532217.6227.756.44
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

No standalone quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020
14
12
Operating Profit
2
OPM %
12
Other Income
0
Interest
1
Depreciation
1
1
Tax %
-2
Net Profit
1
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2021
23
19
Operating Profit
4
OPM %
17
Other Income
0
Interest
1
Depreciation
0
3
Tax %
25
Net Profit
2
EPS
0
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2022
36
32
Operating Profit
6
OPM %
16
Other Income
1
Interest
1
Depreciation
0
4
Tax %
30
Net Profit
3
EPS
15
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2023
48
42
Operating Profit
6
OPM %
13
Other Income
0
Interest
1
Depreciation
0
5
Tax %
25
Net Profit
4
EPS
5
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Minority Interest
0
Share of Associates
0
Adjusted EPS
2
Mar 2024
55
46
Operating Profit
9
OPM %
17
Other Income
1
Interest
2
Depreciation
1
7
Tax %
27
Net Profit
5
EPS
6
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2025
65
54
Operating Profit
11
OPM %
17
Other Income
0
Interest
2
Depreciation
1
8
Tax %
25
Net Profit
6
EPS
4
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2026
102
89
Operating Profit
13
OPM %
13
Other Income
0
Interest
2
Depreciation
1
10
Tax %
26
Net Profit
7
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
35%
3 Years:
28%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
29%
3 Years:
28%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
15%
1 Year:
123%

RETURN ON EQUITY

10 Years:
5 Years:
28%
3 Years:
19%
Last Year:
12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2024

May 3

1:1

Mar 2020
Equity Capital
2
0
4
Trade Payables
0
3
Total Liabilities
10
4
Capital Work in Progress
0
0
3
0
Cash & Bank
0
3
Total Assets
10
Total Debt
7
Net Working Capital
2
Contingent Liabilities
0
Book Value per Share
10.08
Face Value
10.00
Total Debt
7
Net Working Capital
2
Contingent Liabilities
0
Book Value per Share
10.08
Face Value
10.00
Mar 2021
Equity Capital
2
2
6
Trade Payables
1
4
Total Liabilities
15
3
Capital Work in Progress
0
0
8
0
Cash & Bank
0
3
Total Assets
15
Total Debt
9
Net Working Capital
2
Contingent Liabilities
0
Book Value per Share
19.97
Face Value
10.00
Total Debt
9
Net Working Capital
2
Contingent Liabilities
0
Book Value per Share
19.97
Face Value
10.00
Mar 2022
Equity Capital
2
5
6
Trade Payables
4
6
Total Liabilities
23
2
Capital Work in Progress
0
0
10
0
Cash & Bank
0
11
Total Assets
23
Total Debt
10
Net Working Capital
8
Contingent Liabilities
0
Book Value per Share
34.63
Face Value
10.00
Total Debt
10
Net Working Capital
8
Contingent Liabilities
0
Book Value per Share
34.63
Face Value
10.00
Mar 2023
Equity Capital
8
11
8
Trade Payables
1
5
Total Liabilities
33
3
Capital Work in Progress
4
0
13
0
Cash & Bank
1
12
Total Assets
33
Total Debt
12
Net Working Capital
16
Contingent Liabilities
0
Book Value per Share
22.49
Face Value
10.00
Total Debt
12
Net Working Capital
16
Contingent Liabilities
0
Book Value per Share
22.49
Face Value
10.00
Mar 2024
Equity Capital
8
15
15
Trade Payables
2
7
Total Liabilities
48
10
Capital Work in Progress
0
0
27
9
Cash & Bank
0
2
Total Assets
48
Total Debt
20
Net Working Capital
18
Contingent Liabilities
0
Book Value per Share
28.24
Face Value
10.00
Total Debt
20
Net Working Capital
18
Contingent Liabilities
0
Book Value per Share
28.24
Face Value
10.00
Mar 2025
Equity Capital
17
13
24
Trade Payables
5
5
Total Liabilities
65
9
Capital Work in Progress
0
0
40
12
Cash & Bank
0
3
Total Assets
65
Total Debt
27
Net Working Capital
23
Contingent Liabilities
0
Book Value per Share
17.64
Face Value
10.00
Total Debt
27
Net Working Capital
23
Contingent Liabilities
0
Book Value per Share
17.64
Face Value
10.00
Mar 2026
Equity Capital
22
67
16
Trade Payables
20
16
Total Liabilities
141
8
Capital Work in Progress
24
10
30
44
Cash & Bank
0
25
Total Assets
141
Total Debt
26
Net Working Capital
49
Contingent Liabilities
0
Book Value per Share
40.63
Face Value
10.00
Total Debt
26
Net Working Capital
49
Contingent Liabilities
0
Book Value per Share
40.63
Face Value
10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020
-0
Cash from Investing
-0
Cash from Financing
-1
-1
Free Cash Flow
-0
OCF / Net Profit
-0.02
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.02
Cumulative 5-Year FCF
0
Mar 2021
-1
Cash from Investing
-0
Cash from Financing
2
-0
Free Cash Flow
-2
OCF / Net Profit
-0.68
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.68
Cumulative 5-Year FCF
0
Mar 2022
-4
Cash from Investing
1
Cash from Financing
2
0
Free Cash Flow
-4
OCF / Net Profit
-1.19
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.19
Cumulative 5-Year FCF
0
Mar 2023
-4
Cash from Investing
-5
Cash from Financing
10
1
Free Cash Flow
-9
OCF / Net Profit
-1.19
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.19
Cumulative 5-Year FCF
0
Mar 2024
5
Cash from Investing
-3
Cash from Financing
-2
-1
Free Cash Flow
0
OCF / Net Profit
0.93
Cumulative 5-Year FCF
0
OCF / Net Profit
0.93
Cumulative 5-Year FCF
0
Mar 2025
4
Cash from Investing
1
Cash from Financing
-4
-0
Free Cash Flow
4
OCF / Net Profit
0.67
Cumulative 5-Year FCF
-10
OCF / Net Profit
0.67
Cumulative 5-Year FCF
-10
Mar 2026
-26
Cash from Investing
-34
Cash from Financing
60
0
Free Cash Flow
-50
OCF / Net Profit
-3.47
Cumulative 5-Year FCF
-58
OCF / Net Profit
-3.47
Cumulative 5-Year FCF
-58

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020
EPS (₹)
2.74
Book Value (₹)
10.08
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.87
Operating Margin %
11.96%
Net Margin %
4.10%
ROE %
27.21%
ROCE %
12.19%
5.78%
Debtor Days
49
Inventory Days
89
Payable Days
12
127
Debt to Equity (x)
3.52x
Interest Coverage (x)
1.94x
1.39x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
9.89
Book Value (₹)
19.97
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.04
Operating Margin %
16.82%
Net Margin %
8.95%
ROE %
65.82%
ROCE %
30.25%
16.17%
Debtor Days
38
Inventory Days
95
Payable Days
9
124
Debt to Equity (x)
2.09x
Interest Coverage (x)
5.35x
1.25x
Revenue Growth %
65.09%
Operating Profit Growth %
132.33%
Net Profit Growth %
260.57%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
14.66
Book Value (₹)
34.63
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.65
Operating Margin %
15.57%
Net Margin %
8.28%
ROE %
53.69%
ROCE %
35.88%
15.59%
Debtor Days
66
Inventory Days
90
Payable Days
25
131
Debt to Equity (x)
1.45x
Interest Coverage (x)
4.88x
1.66x
Revenue Growth %
60.26%
Operating Profit Growth %
48.33%
Net Profit Growth %
48.21%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
4.20
Book Value (₹)
22.49
Dividend per Share (₹)
0.00
Cash EPS (₹)
2.26
Operating Margin %
13.16%
Net Margin %
7.33%
ROE %
27.14%
ROCE %
25.12%
12.63%
Debtor Days
78
Inventory Days
83
Payable Days
22
139
Debt to Equity (x)
0.63x
Interest Coverage (x)
4.37x
2.66x
Revenue Growth %
32.84%
Operating Profit Growth %
12.28%
Net Profit Growth %
17.58%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
5.75
Book Value (₹)
28.24
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.33
Operating Margin %
15.53%
Net Margin %
8.90%
ROE %
22.67%
ROCE %
22.12%
12.00%
Debtor Days
63
Inventory Days
134
Payable Days
15
182
Debt to Equity (x)
0.83x
Interest Coverage (x)
5.17x
1.86x
Revenue Growth %
12.89%
Operating Profit Growth %
41.73%
Net Profit Growth %
37.00%
37.00%
P/E (x)
15.52x
P/B (x)
6.32x
Dividend Yield %
0.00%
18.89x
Mar 2025
EPS (₹)
3.52
Book Value (₹)
17.64
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.17
Operating Margin %
16.98%
Net Margin %
9.14%
ROE %
22.16%
ROCE %
20.16%
10.53%
Debtor Days
59
Inventory Days
190
Payable Days
27
222
Debt to Equity (x)
0.92x
Interest Coverage (x)
4.47x
1.68x
Revenue Growth %
19.14%
Operating Profit Growth %
24.59%
Net Profit Growth %
22.39%
-38.80%
P/E (x)
23.49x
P/B (x)
4.69x
Dividend Yield %
0.00%
14.85x
Mar 2026
EPS (₹)
3.38
Book Value (₹)
40.63
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.81
Operating Margin %
12.91%
Net Margin %
7.22%
ROE %
12.46%
ROCE %
14.01%
7.18%
Debtor Days
100
Inventory Days
126
Payable Days
54
172
Debt to Equity (x)
0.29x
Interest Coverage (x)
5.26x
2.21x
Revenue Growth %
56.93%
Operating Profit Growth %
17.48%
Net Profit Growth %
23.94%
-3.86%
P/E (x)
35.78x
P/B (x)
2.98x
Dividend Yield %
0.00%
21.90x

Shareholding Pattern

Numbers in percentages

TRADES
Mar 2024
72.29
0.00
DIIs
0.00
Government
0.00
27.70
Sep 2024
72.29
0.00
DIIs
0.00
Government
0.00
27.71
Dec 2024
72.37
0.00
DIIs
0.00
Government
0.00
27.63
Mar 2025
72.40
0.00
DIIs
0.00
Government
0.00
27.60
Jun 2025
72.40
0.00
DIIs
0.00
Government
0.00
27.60
Sep 2025
72.40
0.00
DIIs
0.00
Government
0.00
27.60
Dec 2025
72.40
0.00
DIIs
0.00
Government
0.00
27.60
Mar 2026
56.16
0.42
DIIs
0.00
Government
0.00
43.42
Jun 2026
56.16
0.62
DIIs
0.00
Government
0.00
43.21

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