Arihant Academy Ltd.
•₹ 4650%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 48.5%
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.9%
- Operating margins have improved to 13.8% from 7.1%
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.26x)
CONS
- A large part of profit comes from other income (34.7% of PBT)
- Stock is trading at 7.8x its book value
- Though reporting repeated profits, the company pays out little dividend (13.6%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PWL | 122.00 | 1736.12 | 35390.82 | 0.00 | -882.80 | -595.06 | 10539.50 | 1144.20 | -17.62 | -5.41 |
| 2. | SEIL | 211.00 | 584.50 | 3397.10 | 0.00 | 2.82 | -2.76 | 16.30 | 7.51 | 14.21 | 26.28 |
| 3. | CRIZAC | 171.65 | 13.62 | 3003.57 | 4.66 | 46.17 | 0.77 | 201.21 | -3.97 | 52.73 | 30.40 |
| 4. | VERANDA | 233.50 | 15.59 | 2249.79 | 0.00 | 33.87 | 467.88 | 149.54 | 7.37 | 22.75 | 35.96 |
| 5. | JARO | 439.35 | 25.76 | 978.45 | 1.14 | 11.17 | 48.33 | 70.75 | 16.60 | 25.32 | 21.43 |
| 6. | GLOBAL | 107.58 | 21.00 | 547.60 | 0.93 | 3.75 | -11.05 | 14.21 | -4.15 | 29.17 | 41.68 |
| 7. | CPEDU | 204.90 | 15.63 | 372.77 | 0.00 | 8.08 | 12.54 | 14.35 | -1.17 | 40.71 | 64.15 |
| 8. | ARIHANTACA | 491.70 | 32.37 | 297.73 | 0.41 | 2.19 | 11.58 | 22.00 | 27.56 | 36.42 | 16.20 |
| 9. | CPCAP | 122.65 | 4.95 | 223.14 | 0.00 | 13.31 | 23.50 | 21.95 | 47.39 | 9.83 | 93.11 |
| 10. | TREEHOUSE | 6.21 | 0.00 | 26.27 | 0.00 | -2.13 | -233.00 | 1.15 | -20.14 | -1.48 | -212.70 |
| 11. | VIRTUALG | 0.45 | 0.00 | 25.48 | 0.00 | 0.07 | 133.33 | 0.26 | — | -0.46 | 32.57 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| 10 | 9 | 17 | 15 | 14 | 16 | 22 | |
| 8 | 8 | 15 | 13 | 11 | 10 | 20 | |
| Operating Profit | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 1 | 1 | 1 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| 2 | 1 | 2 | 3 | 2 | 5 | 3 | |
| Tax % | 30.49% | 6.12% | 22.63% | 26.37% | 22.98% | 31.76% | 20.81% |
| Net Profit | 1 | 1 | 2 | 2 | 2 | 3 | 2 |
| 2 | 2 | 3 | 3 | 3 | 5 | 0 | |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2024
- 10
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 30.49%
- Net Profit
- 1
- 2
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 9
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 6.12%
- Net Profit
- 1
- 2
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 17
- 15
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 22.63%
- Net Profit
- 2
- 3
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 15
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 26.37%
- Net Profit
- 2
- 3
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 14
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 22.98%
- Net Profit
- 2
- 3
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 16
- 10
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 5
- Tax %
- 31.76%
- Net Profit
- 3
- 5
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 22
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 20.81%
- Net Profit
- 2
- 0
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 19 | 14 | 15 | 41 | 67 | |
| 18 | 12 | 12 | 35 | 54 | |
| Operating Profit | 1 | 2 | 3 | 8 | — |
| OPM % | 7 | 15 | 21 | 19 | — |
| Other Income | 0 | 0 | 0 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 2 | 3 |
| 1 | 2 | 3 | 6 | 13 | |
| Tax % | 35 | 26 | 25 | 22 | 27 |
| Net Profit | 0 | 1 | 2 | 4 | 9 |
| EPS | 1 | 3 | 5 | 7 | — |
| Dividend Payout % | 0 | 0 | 0 | 14 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 1 | 3 | 5 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | -0 |
| Adjusted EPS | 1 | 3 | 5 | 7 | — |
Mar 2020
- 19
- 18
- Operating Profit
- 1
- OPM %
- 7
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 35
- Net Profit
- 0
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 14
- 12
- Operating Profit
- 2
- OPM %
- 15
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 2
- Tax %
- 26
- Net Profit
- 1
- 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
Mar 2022
- 15
- 12
- Operating Profit
- 3
- OPM %
- 21
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 25
- Net Profit
- 2
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 41
- 35
- Operating Profit
- 8
- OPM %
- 19
- Other Income
- 2
- Interest
- 0
- Depreciation
- 2
- 6
- Tax %
- 22
- Net Profit
- 4
- EPS
- 7
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
TTM
- 67
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 13
- Tax %
- 27
- Net Profit
- 9
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 28%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 119%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 48%
- 1 Year:
- 28%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 43%
- Last Year:
- 29%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 0 | 6 |
| 2 | 3 | 5 | 19 | |
| 0 | 0 | 1 | 0 | |
| 6 | 5 | 5 | 17 | |
| Total Liabilities | 8 | 8 | 11 | 43 |
| ASSETS | - | - | - | - |
| 3 | 3 | 3 | 10 | |
| Capital Work in Progress | 0 | 0 | 0 | 3 |
| 0 | 0 | 0 | 10 | |
| 0 | 0 | 0 | 1 | |
| Cash & Bank | 0 | 1 | 3 | 8 |
| 4 | 5 | 5 | 11 | |
| Total Assets | 8 | 8 | 11 | 43 |
| Total Debt | 1 | 0 | 1 | 0 |
| Net Working Capital | -3 | -2 | 0 | 0 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 1781.70 | 2907.30 | 4925.90 | 41.36 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1 | 0 | 1 | 0 |
| Net Working Capital | -3 | -2 | 0 | 0 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 1781.70 | 2907.30 | 4925.90 | 41.36 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2020
- Equity Capital
- 0
- 2
- 0
- 6
- Total Liabilities
- 8
- 3
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 0
- 4
- Total Assets
- 8
- Total Debt
- 1
- Net Working Capital
- -3
- Contingent Liabilities
- 0
- Book Value per Share
- 1781.70
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- -3
- Contingent Liabilities
- 0
- Book Value per Share
- 1781.70
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 0
- 3
- 0
- 5
- Total Liabilities
- 8
- 3
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 1
- 5
- Total Assets
- 8
- Total Debt
- 0
- Net Working Capital
- -2
- Contingent Liabilities
- 0
- Book Value per Share
- 2907.30
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- -2
- Contingent Liabilities
- 0
- Book Value per Share
- 2907.30
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 0
- 5
- 1
- 5
- Total Liabilities
- 11
- 3
- Capital Work in Progress
- 0
- 0
- 0
- Cash & Bank
- 3
- 5
- Total Assets
- 11
- Total Debt
- 1
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 4925.90
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 4925.90
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 6
- 19
- 0
- 17
- Total Liabilities
- 43
- 10
- Capital Work in Progress
- 3
- 10
- 1
- Cash & Bank
- 8
- 11
- Total Assets
- 43
- Total Debt
- 0
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 41.36
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 0
- Contingent Liabilities
- 0
- Book Value per Share
- 41.36
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2025 | |
|---|---|---|---|---|
| -0 | 2 | 2 | 6 | |
| Cash from Investing | -1 | -1 | 0 | -17 |
| Cash from Financing | -1 | -0 | 1 | -1 |
| -2 | 0 | 3 | -12 | |
| Free Cash Flow | -0 | 1 | 1 | -9 |
| OCF / Net Profit | -0.21 | 1.61 | 0.89 | 1.35 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -0.21 | 1.61 | 0.89 | 1.35 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2020
- -0
- Cash from Investing
- -1
- Cash from Financing
- -1
- -2
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.21
- Cumulative 5-Year FCF
- 0
Mar 2021
- 2
- Cash from Investing
- -1
- Cash from Financing
- -0
- 0
- Free Cash Flow
- 1
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.61
- Cumulative 5-Year FCF
- 0
Mar 2022
- 2
- Cash from Investing
- 0
- Cash from Financing
- 1
- 3
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 0
Mar 2025
- 6
- Cash from Investing
- -17
- Cash from Financing
- -1
- -12
- Free Cash Flow
- -9
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 420.90 | 1125.60 | 2018.60 | 7.34 |
| Book Value (₹) | 1781.70 | 2907.30 | 4925.90 | 41.36 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 1.00 |
| Cash EPS (₹) | 2.40 | 3.85 | 5.77 | 10.33 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 7.11% | 15.32% | 21.49% | 13.81% |
| Net Margin % | 2.19% | 7.99% | 13.27% | 10.81% |
| ROE % | 23.62% | 48.01% | 51.54% | 29.26% |
| ROCE % | 27.18% | 51.99% | 57.01% | 36.42% |
| 5.31% | 14.08% | 21.41% | 16.42% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 31 | 30 | 0 | 7 |
| Inventory Days | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 |
| 31 | 30 | 0 | 7 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.50x | 0.17x | 0.26x | 0.00x |
| Interest Coverage (x) | 9.45x | 24.78x | 71.25x | 139.79x |
| 0.57x | 0.56x | 1.00x | 1.00x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | -26.69% | 8.00% | 166.71% |
| Operating Profit Growth % | 0.00% | 57.91% | 51.52% | 131.40% |
| Net Profit Growth % | 0.00% | 167.43% | 79.34% | 117.22% |
| 0.00% | 0.00% | 0.00% | -99.64% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 43.90x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 7.79x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.31% |
| 0.00x | 0.00x | 0.00x | 24.71x |
Mar 2020
- EPS (₹)
- 420.90
- Book Value (₹)
- 1781.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.40
- Operating Margin %
- 7.11%
- Net Margin %
- 2.19%
- ROE %
- 23.62%
- ROCE %
- 27.18%
- 5.31%
- Debtor Days
- 31
- Inventory Days
- 0
- Payable Days
- 0
- 31
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 9.45x
- 0.57x
- 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 (₹)
- 1125.60
- Book Value (₹)
- 2907.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.85
- Operating Margin %
- 15.32%
- Net Margin %
- 7.99%
- ROE %
- 48.01%
- ROCE %
- 51.99%
- 14.08%
- Debtor Days
- 30
- Inventory Days
- 0
- Payable Days
- 0
- 30
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- 24.78x
- 0.56x
- Revenue Growth %
- -26.69%
- Operating Profit Growth %
- 57.91%
- Net Profit Growth %
- 167.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 2018.60
- Book Value (₹)
- 4925.90
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.77
- Operating Margin %
- 21.49%
- Net Margin %
- 13.27%
- ROE %
- 51.54%
- ROCE %
- 57.01%
- 21.41%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 71.25x
- 1.00x
- Revenue Growth %
- 8.00%
- Operating Profit Growth %
- 51.52%
- Net Profit Growth %
- 79.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2025
- EPS (₹)
- 7.34
- Book Value (₹)
- 41.36
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 10.33
- Operating Margin %
- 13.81%
- Net Margin %
- 10.81%
- ROE %
- 29.26%
- ROCE %
- 36.42%
- 16.42%
- Debtor Days
- 7
- Inventory Days
- 0
- Payable Days
- 0
- 7
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 139.79x
- 1.00x
- Revenue Growth %
- 166.71%
- Operating Profit Growth %
- 131.40%
- Net Profit Growth %
- 117.22%
- -99.64%
- P/E (x)
- 43.90x
- P/B (x)
- 7.79x
- Dividend Yield %
- 0.31%
- 24.71x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.