AI assistant
Arihant Superstructures Limited Investor Presentation 2026
61893_rns_2026-05-15_9b8e807a-cf58-40a9-af0d-8e2086823ff7.pdf
Investor Presentation
Open in viewerOpens in your device viewer
A
CONTINUING STABILITY
ARIHANT
SUPERSTRUCTURES LTD.
CONTINUING STABILITY
Date: 15.05.2026
| Corporate Relations Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001 | Listing Compliance Department
National Stock Exchange of India Limited
Exchange Plaza,
Plot No. C/1, G Block, Bandra-Kurla Complex,
Bandra (East), Mumbai - 400 051 |
| --- | --- |
| Scrip Code: 506194
Class of Security: Equity | Symbol: ARIHANTSUP
Series: EQ |
Sub: Press Release and Investor Presentation for the quarter and financial year ended March 31, 2026.
Dear Sir/Madam,
Please find enclosed herewith the Press Release and Investor Presentation of Arihant Superstructures Limited for the quarter and financial year ended March 31, 2026 as per the requirement of Regulation 30 and Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take the above on record.
Thanking you,
Yours faithfully,
For and on behalf of the Board of Directors
Arihant Superstructures Limited
| Parth | Digitally signed by
Parth Ashokkumar |
| --- | --- |
| Ashokkuma | Chhajer |
| r Chhajer | Date: 2026.05.15
20:18:40 +05'30' |
Parth Chhajer
Whole-time Director
DIN: 06646333
L51900MH1983PLC029643
Arihant Aura, B-Wing, 25th Floor, Plot No 13/1, TTC Industrial Area, Thane Belapur Road, Turbhe, Navi Mumbai, Maharashtra - 400705
Tel.: 022 6249 3333
022 6249 3344
Website: www.asl.net.in
Email: [email protected]
ARIHANT
ARIHANT SUPERSTRUCTURES LTD.
CONTINUING STABILITY
सब में कुछ बदल रहा है
Changing Lifestyle
BY ARIHANT HOMES
Investor Presentation
Q4 FY26
CMD's Message – Q4FY26
ARIHANT
BUSINESS PROTECTIONS LTD.
CONTINUING STABILITY
TIMING
We are living in uncertain times with geo-political issues leading to energy shock as well as broader supply chain disruption. The rupee too has been weak touching new lows. Prime Minister Shri Narendra Modi has made a fervent appeal to reduce consumption to save on precious foreign exchange. We at Arihant, are prepared to brace such tough situations and in the past we have been able to come out stronger. Fortunately for the Real Estate sector, the customer journey lasts much longer and we recognize revenue over many quarters for a specific unit sold during the initial phases of a project. Thus we are able to ride through short term disruptions like we are facing currently.
We had launched mega projects a few years back and the deliveries of the Phase 1 are being made now. This is reflected in the 5x YoY growth in deliveries in FY26 and this is just the beginning. Consecutive phases as well as other mega projects will have deliveries starting FY27 onwards which should keep the momentum strong.
Two key elements of a successful Real Estate project, in addition to 'Location', is 'Velocity of sales' and 'Execution'. The large delivery numbers indicate efficient execution. We look forward to delivering more records in the years ahead.
Glad to inform that our GDV has grown to Rs 14,000 cr up from Rs 12,500 cr last year in spite of higher execution. Part of this increase has come from higher realisable value of our on-going projects, thanks to huge infrastructure development in Navi Mumbai. The Navi Mumbai International Airport has now been operational for more than 6 months with currently close to 150 flights daily. We are witnessing a continuous shift to Navi Mumbai of corporates along with their ecosystem and we are among the key beneficiaries.
| Vision | Mission | Policy |
|---|---|---|
| To nurture the best talent and be a “Built to Last” company | To construct the most efficient spaces for our customers while leaving the least ecological foot-print | To share wealth with all the stake holders and contribute to the well-being of society at large |
Company Overview
Company Overview
Company Business Financial Industry
ARIHANT
SURRESPONDING CO.
CONTINUING STABILITY
100000000000000000000000000000000000000000000000000000000000000000000
Rs 14,000 Cr+
Gross Development Value
21 mn sq. ft.
Under Development across 19 projects
12 mn sq. ft.
Developed in MMR & Jodhpur
12,700+
Unit delivered across 63 projects
-
- Established in 1994, Arihant Superstructures Ltd. (ASL) is one of the largest real estate developer in the affordable and mid-income segment
-
Headquartered in Navi Mumbai, the company has 19 ongoing projects across MMR & Jodhpur with:
-
Rev. potential of INR 140bn+ (comprising 15,000+ units, 21 mn. sq. ft. area) with an optimum blend of premium, mid-income & affordable categories
- 75% of the projects are located within a travel time of 10 to 30 minutes from the 24x7 operational Navi Mumbai International Airport
- operations across 12 high growth micro-markets of MMR (including Vashi, Panvel, Thane, Kharghar, Kalyan, Karjat) and Jodhpur, Rajasthan
-
15% of ongoing development under asset light model (via JVs, JD and DM) in the mid-income segment
-
Ventured into luxury segment to develop a Villa project, a 5-Star Hotel and a Sports Gymkhana to generate annuity income
- Delivered 12,700+ units across 63 projects by relentless customer focus and strong execution resulting in trust and high brand recall
- Completely integrated in-house capabilities of land acquisition & procurement, liaison, design & engineering, EPC and marketing & sales to carry out end to end operations with a deep understanding of space, design and construction
- Operates "Mirroring the population-matrix" strategy with offerings across all income segments thereby de-risking sales and profitability from demand stagnancy during adverse industry cycles
| Pre-Sales | Revenue | Collections | EBITDA | PAT | Net Worth | |
|---|---|---|---|---|---|---|
| Key Operating and Financial Metrics (Rs million) | Growth | 2.05x | 2.04x | 1.88x | 2.53x | 2.86x |
| FY26 | 9774 | 5510 | 5389 | 1266 | 460 | |
| FY20 | 4,760 | 2,702 | 2,870 | 500 | 160 |
Compary Business Financial Industry
ARIHANT
BUSINESS RESEARCH INSTITUTE
UNIVERSITY OF CALIFORNIA, LONDON
Competitive Advantages
Strong promoter commitment with 30+ years of experience
Trusted Brand built on customer focus and quality
Diversified product offering across all income segments
Integrated in-house capabilities for execution
Timely completion of Projects
Experienced management team
Strong relationships with various stakeholders
Geographical focus on MMR
Our Journey
Company Business Financial Industry
ARIHANT
BUSINESS INNOVATIONS, INC.
CONTINUING STABILITY
Financial Growth
FY 20 – FY 26
2026 Certified as a “Great Place to Work”
2024 Launched our 1st Villa Project ~ World Villas
2023 Forayed into Sports & Hospitality segment to generate Annuity Income
2022 Launched our 1st project in Kalyan – Arihant Aaradhya
2021 Record sales of 1,097 units crossing 1 million sq. ft. saleable area
2017 Launched our flagship project Arihant Aspire
2016 Won award for Best Corporate Brand from Economic Times
2014 Crossed INR 1 billion in revenue
2011 Launched landmark project in Jodhpur under PPP Scheme
2007 Completed and delivered 25 projects
2004 Completed construction and delivery of 1 million sq. ft. of residential projects
2000 Completed 10 projects
1999 Identified Navi Mumbai as next area of growth, 30 projects planned over 15 years
1994 Launch of real estate division
Our Net worth grew by 5.2x during the last decade
Board of Directors
Company Business Financial Industry
ARIHANT
SURRESPONDENCE LTD
CONTINUING STABILITY
7
Mr. Ashok Chhajer, Chairman and Managing Director
- Entrepreneur with more than 30 years of experience in the real estate business, has also led other ventures in textile and oil refinery business
- Oversees corporate strategy, project design and land acquisition functions
- Works relentlessly towards transparency, corporate governance and stakeholder management
Mr. Nimish Shah, Whole Time Director
- Was a government registered contractor in Maharashtra and collaborated with several groups in real estate sector
- A civil engineer with over 20 years experience in construction and related activities
- Actively involved in engineering including planning and execution, project estimation, contracts and site organization of projects, etc.
Mr. Parth Chhajer, Whole Time Director
- Worked with leading organizations like CLSA, Equirus and Deloitte in capital markets and enterprise risk services
- Responsible for product development, marketing & sales strategy; also actively involved in the finance function
- He is a Bachelor of Science (Economics) from Pennsylvania State University, USA.
Mr. Bhavik Chhajer, Whole Time Director
- Rich experience with organizations like HDFC Red and Jones Lang Salle in developing solutions for real estate sector
- Joined ASL in 2020, core responsibilities include construction activities, procurement; overseas human resource function as well
- Studied Bachelor of Science (Business) from Indiana State University, USA
Mr. Pramod Deshpande, Independent Director
- Worked for over 35 years in MIDC, a semi government corporation of Government of Maharashtra
- At MIDC, he served in various departments like architecture, planning, SEZ, DMICDC, etc. before retiring in 2016 as an Associate Architect, Class I officer
Mr. Abodh Khandelwal Independent Director
- Has over 35 years of experience in FP&A, MIS reporting and business modelling, project finance, etc.
- He is currently serving as Director Finance at Mumbai Metro Rail Corporation and has previously worked with Konkan Railways and JK Cements Ltd.
- He is a qualified Chartered Accountant and also serves as an Independent Director at Gujarat Road and Infrastructure Company Limited.
Mrs. Sheetal Bhilkar Independent Director
- Has over 30 years of experience in business development, marketing, human resources, design, etc.
- She is currently serving as Director at Urja Building Services Consultants Ltd., and President at Real Women Global Community
- She has done her bachelors in electrical engineering from SBM College of engineering and Technology
Management Team
Company Business Financial Industry
ARIHANT
SURRESPONDING LTD.
GONTINUING STABILITY
Skating
Lifestyle
Mr. Udit Kasera,
Chief Financial Officer
- Finance professional with 15+ years of diverse experience across investor relations, treasury, corporate finance, audit, and investment banking
- Worked with leading firms including KPMG, Wipro, CRISIL, Deloitte, and most recently led Finance & Investor Relations at CarePal Group
- Holds an MBA from IIM Bangalore, a Chartered Accountant, B.Com (Hons.) from Delhi University and has passed all three levels of the CFA Program
Mr. Manoj Dhondge
Company Secretary &
Compliance Officer
- Company Secretary and Legal Professional with over 10 years of total experience.
- Skilled in handling corporate governance, SEBI & Companies Act compliances, legal drafting, and secretarial functions with a proven record of supporting listed entities such as Arihant Superstructures Ltd., Nidhi Granites Ltd., and CARE Ratings Ltd.
- Holds a Bachelor degree in Commerce, LLB. & LLM. from Mumbai University and is a qualified Company Secretary from ICSI.
Mr. Ashish Shastri
GM Human Resources
- Has over 32 years of experience in leading organizations like Bennett Coleman, Raymond, Mukand Ltd., etc. across talent acquisition, human resource management, operations, payroll, labor compliances, etc.
- He is a Postgraduate in Philosophy from Tata Institute of Social Science (TISS) and Masters in Marketing Management
Mr. Arijit Saha
Project Director
- Seasoned civil engineering professional with over 30 years of experience in construction and project management.
- Has worked with leading organizations including Shrachi Realty & Infrastructure, PS Group, and Tantia Construction with projects spanning across township development, infrastructure, hospitals, IT hub, logistics hub, etc.
- Holds a B.Tech in Civil Engineering, with a specialization in Concrete and Steel Structures
Mr. Hariharan Nadar
VP Sales
- Sales professional with 20+ years of experience in sales, marketing, business development, key account management and market research
- Has Worked with Mittal Merchant Realty and Xrbia Developers, Prince Infrastructure Pvt. Ltd. and Bharti Airtel among others
- Holds an MBA in Sales and Marketing and B.Com from Mumbai University
Mrs. Teji Ghosh,
VP Marketing
- Worked for over 2 decades of experience in handling accounts for real estate, PSU banks, clothing and retail brands, child development, education clients
- Worked with a leading media agency with expertise in media planning, brand positioning, PR events, client relations, etc.
- Joined ASL in 2019, responsible for long term client engagement and relationship management with all media agencies
Awards and Recognition
Company Business Financial Industry
ARIHANT
BUSINESS INSTITUTIONS
CONTINUING STABILITY
9
Awards and Recognition
2020-2026
Leisure & Entertainment Project of the Year for Club10 Gymkhana by Realty+
Excellence in Modern-Edge Technology by Bharat24
Business Excellence Award by Adsync & Zee Business for Affordable Housing Project of the Year
Best Developer for Green Buildings by CIA World
Industry's No. 1 – Promoter Presented By Herald Global Real Estate Development
2015-2020
Zee Business Award – Developer of the Year (Affordable Housing)
Affordable Housing Project of the Year for Arihant Arshiya by CREDAI MCHI
Award for Quality construction in affordable housing by The Economic Times, ET Realty award
Dainik Bhaskar (94.3 MYFM) – Award for Excellence in Quality Construction
IGBC Pre-certified Platinum Rating for Aspire project
ESG Initiatives
Company Business Finance Industry
ARIHANT
GUARANTEE ONLINE
GUARANTEE ONLINE
Environment
- Design homes to maximize natural lighting and ventilation, reducing the need for artificial lighting and cooling
- Implemented rain water harvesting pits across projects to collect and store rain water
- Installed organic waste composters across all projects
- The company's flagship project Arihant Aspire has been pre-certified in the 'Platinum' category by IGBC
- Use of Aerated Autoclave blocks having lower embodied energy and much higher insulation value
- Use energy efficient lighting and use of low VOC paints & adhesives
- Majority of projects have sewage treatment plants, rainwater harvesting, solar power & heating, presence of green cover
Social
- Conduct on the job safety training for all employees and workers
- Seek safety suggestions and feedback from employees at regular intervals
- Equal opportunity employer with 22% workforce comprising females
- Employs individuals irrespective of their religious background
- Support projects for rural development, infrastructure & livelihood enhancement
- Disaster management, including relief, rehabilitation and reconstruction activities
- Promote education, including special education and employment enhancing vocation skills
- Invest in environment sustainability, economic empowerment, health care and sanitation
Governance
- The Board comprises 50% independent directors with rich and diverse experience to safeguard the interest of all stakeholders
- 100% independent directors in Audit Committee and Remuneration Committee
- Well defined corporate structure with delegated decision making, checks and balances
- Appropriate processes and systems to monitor and evaluate key material risks
- Commitment to independence, accountability, responsibility, transparency and fair & timely disclosures
- The Company has adopted the governance framework in accordance with the applicable SEBI Regulations
10
Company Business Financial Industry ARIHANT CORPORATION ADMINISTRATION
Capital Market Data (BSE: 506194, NSE: ARIHANTSUP)
Stock Market Performance (As on 31st March, 2026)
Price Data (As on 31st March, 2026)
| Face Value (INR) | 10 |
|---|---|
| Market Price (INR) | 191.4 |
| 52 Week H/L (INR) | 468.2/188.5 |
| Market Cap (INR Mn) | 8,278.0 |
| Equity Shares Outstanding (Mn) | 43.25 |
| 1 Year Avg. Trading Volume ('000) | 52.61 |
Shareholding Pattern (As on 31st March, 2026)
Business Overview
12
Target customer segment spread across income segments
Company Business Financial Industry
ARIHANT SUPERINTENDENTIALLY CONSULTING & PUBLICATION
13
"Mirroring the Population Matrix"
The company undertakes projects mirroring the demand cycle across income groups
| Product Segment | ASL's Project Mix | Income Segment | Ticket Size | Price per sq. ft. |
|---|---|---|---|---|
| Luxury Segment | 41% | Affluent / High Income | Above Rs 1.5 Cr | Above Rs 10,000 |
| Mid-Income Segment | 31% | Upper Middle Class | Rs 50 lacs to Rs 1.5 Crore | Rs 5,000 to Rs 10,000 |
| Affordable Segment | 29% | Middle Class & Low Income | Below Rs 50 Lacs | Less than Rs 5,000 |
| Key Advantages of mirroring the population matrix | De-risk the company from demand stagnancy during downward real estate cycle | To quickly scale up during favorable macroeconomic scenario | Gain market share in each income category and micro-market | Supply of projects is in line with socio-economic spread of the population |
Company Business Financial Definition
ARIHANT
ANHANTS
ASSOCIATION
CHAIRMAN
CHARTER
Resilient growth via diversified portfolio across 12 micro-markets
19 Projects in MMR
MMR
3 Projects in Jodhpur
Jodhpur
Geographical Revenue Mix
Revenue Mix of Ongoing Projects
Company Business Financial Industry
ARIHANT
BUSINESS
ANIMALS
15000000000000000000000000000000000000000000000000000000000000000000000
Strategic expansion into Hospitality
| Affordable & Mid Income Housing | Society Redevelopment | Premium Horizontal Development (Villas) | Hospitality Assets |
|---|---|---|---|
Key Growth Drivers
- Airport Connectivity: NMIA operational in 2025, projected to scale to 90 million passengers by 2032; Airport-led urbanization will drive rapid growth in commercial office, retail, and convention infrastructure.
- Supply Constraint: Acute shortage of authentic luxury brands; existing inventory is heavily skewed toward mid-scale business hotels.
- Eastward Demand Shift: Capturing rising demand from corporate shifts toward Panvel, Ulwe, Kharghar, etc.
- Diverse Guest Profile: Strong demand from global executives, airlines, MICE events & transit passengers
- Location advantage: Strategic access to key economic corridors including Mumbai, Navi Mumbai, Pune Expressway, JNPT Port, industrial zones & emerging business districts.
- Event Potential: Growing potential for destination weddings and large-scale conventions, supported by improved connectivity.
The company has undertaken 2 projects in Hotel development, a 221 key 5-Star Luxury Hotel in Panvel, Chowk and a 108 Key 4-Star Hotel in Khopoli
New Mix-use Project to build Annuity Income Pool – World Villas
Company Business Financial Subject
ARIHANT
ANHANTS
CONTINUING STABILITY
The proposed project encompassing Residential Villas, Gymkhana and 5-Star Hotel has a total outlay of INR 3.5 Bn and IRR for 15%
Premium Villa Township
- 391 platinum series luxury villas with a development potential of ~1mn sq. ft. and Gross Development Value of INR 12 Bn
- Target customers are HNIs and lifestyle buyers
- 90 acres land parcel acquired through outright purchase, surrounded by nature
- Prime area at Chowk (off Old Mumbai-Pune highway), 30 mins from Navi Mumbai International Airport and 60 minutes from South Mumbai
Hotel
- 221-key upscale destination on 10 acre land parcel
- Ideal for weddings, corporate events, room rentals
- Annuity income from operations
- Hotel land has been transferred to a wholly owned subsidiary Dwellcons Pvt Ltd
Gymkhana
- Land: 10.5 acres
- Recurring revenue in the form of membership fees, food and beverage sales, event rentals, sports facilities
The development will result in massive asset creation and generate recurring income stream for the company, further strengthening the balance sheet
Arihant World Villas - Master Layout
Company Business Finance Industry
AriHANT
10 MILLIONAIRE STREET
10 MILLIONAIRE STREET
10 MILLIONAIRE STREET
Arco's Impression
WORLD VILLAS
ADDRESS FOR GENERATIONS
90 Acres | 10 Curated Experiences | 1 Immersive World
- 63 Acre Villa Community
- 10 Acre Club Gymkhana
- 10 Acre 5-Star Hotel & Spa
- 6 Acre Mango Tree Woodland
- 1 KM Riverside Promenade
- 1 Acre Outlet Mall (Commercial)
Company Business Financial Solicitation
ARIHANT
BUSINESS RESEARCH INSTITUTE FOR
CONTINUING STABILITY
Shanghai
University of
China
Ongoing Residential Projects
| Projects | Location | Economic Interest of ASL (%) | Total Units (Nos.) | Units Booked (Nos.) | Total Saleable Area (Sq. ft.) | Area Sold (Sq. ft.) | Sale Value of Booked Area (INR Mn) | Amount received (INR Mn) | Value of unsold Inventory (INR Mn) | Total Estimated Receivable (INR Mn) | Revenue Recognized (INR Mn) | Estimated Balance cost to complete (INR Mn) | Project Completion status (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aspire Ph 1 | Panvel | 60% | 1,210 | 1,135 | 12,12,911 | 11,32,536 | 7,243 | 6,619 | 603 | 1,227 | 6,992 | 1 | 99.9% |
| Aspire Ph 2 & 3 | Panvel | 60% | 692 | 610 | 6,53,835 | 5,87,230 | 4,097 | 2,825 | 500 | 1,771 | 1,824 | 1,464 | 45.4% |
| 5 Anaika | Taloja | 60% | 433 | 356 | 3,62,672 | 2,89,522 | 1,341 | 1,223 | 336 | 454 | 1,193 | 71 | 91.4% |
| Aalishan Ph 2 | Kharghar | 60% | 432 | 274 | 5,58,480 | 3,62,170 | 2,982 | 2,330 | 1,629 | 2,281 | 1,837 | 698 | 72.5% |
| Amisha Ph 3 | Taloja | 60% | 241 | 113 | 1,53,963 | 71,795 | 102 | 65 | 329 | 366 | 26 | 243 | 33.0% |
| Aloki Ph 3 & 4 | Karjat | 60% | 248 | 180 | 1,61,149 | 1,16,837 | 417 | 401 | 160 | 176 | 365 | 41 | 90.2% |
| Advika | Vashi | 60% | 327 | 133 | 4,92,860 | 2,07,645 | 3,005 | 1,823 | 4,407 | 5,589 | 1,791 | 905 | 70.1% |
| Adita Ph 5 | Jodhpur | 100% | 72 | - | 86,640 | - | - | - | 347 | 347 | - | 173 | 11.1% |
| Arshiya Ph 4 | Khopoli | 100% | 138 | 11 | 1,11,888 | 9,472 | 30 | 17 | 358 | 371 | 24 | 209 | 20.4% |
| 7 Anaika | Taloja | 100% | 549 | 76 | 3,73,132 | 39,209 | 213 | 106 | 1,753 | 1,860 | 213 | 800 | 6.8% |
| Aayan Ph 1 | Titwala | 100% | 230 | 37 | 1,58,247 | 22,487 | 95 | 66 | 570 | 599 | 43 | 136 | 60.9% |
| Aaradhya Ph 1 | Kalyan | 100% | 433 | 325 | 3,02,524 | 2,32,223 | 1,108 | 1,026 | 352 | 433 | 28 | 1 | 99.8% |
| Aaradhya Ph 2 | Kalyan | 100% | 412 | 109 | 3,34,744 | 1,62,068 | 417 | 272 | 863 | 1,008 | 192 | 543 | 31.5% |
| Avanti Ph 1 & 2 | Shilphata | 100% | 690 | 247 | 5,08,472 | 1,99,883 | 1,278 | 413 | 2,006 | 2,871 | 1,127 | 1,767 | 10.1% |
| Aadarsh Ph 1 | Taloja | 100% | 778 | 232 | 5,39,890 | 1,72,353 | 906 | 323 | 1,948 | 2,531 | 742 | 1,334 | 19.8% |
| World Villas Ph 1 | Chowk | 100% | 180 | 55 | 10,06,034 | 3,41,638 | 1,384 | 567 | 4,625 | 5,442 | 1,113 | 1,979 | 23.6% |
| Total | 7,065 | 3,893 | 70,17,441 | 39,47,068 | 24,619 | 18,077 | 20,785 | 27,326 | 17,510 | 10,365 |
Note: Area potential is as per management estimates subject to plan approvals from regulatory authorities
Above figures are based on Management Estimates which are subject to change
Company Business Financial Subsidiary
ARIHANT
BUSINESS RESEARCH INSTITUTE
TRINIDIAN COLLEGE
TELEPHONE
071-8121
19
Forthcoming Residential Projects
| Category | MMR Projects | |||||
|---|---|---|---|---|---|---|
| MMR Projects | Location | Total units (No.) | Total Saleable Area (Sq.ft) | Economic Interest of ASL | Rev. Potential (INR Mn) | |
| Premium | World Villas | Chowk | 215 | 14,04,482 | 100% | 12,000 |
| Town Villas | Chowk | 1,600 | 58,80,000 | 100% | 48,000 | |
| Mid Income | TBD | Panvel | 1,000 | 10,00,000 | 60% | 8,500 |
| Aspire | Panvel | 840 | 18,57,298 | 60% | 14,500 | |
| Avanti | Shilphata | 696 | 8,58,210 | 100% | 6,300 | |
| Affordable | Amisha | Taloja | 168 | 1,12,658 | 60% | 500 |
| Arshiya | Khopoli | 684 | 7,77,656 | 100% | 3,200 | |
| Aayan | Titwala | 468 | 2,19,996 | 100% | 930 | |
| Aaradhya | Kalyan Annexe | 358 | 2,72,234 | 100% | 1,450 | |
| Anmol | Badlapur | 178 | 1,32,917 | 60% | 500 | |
| Aloki | Karjat | 316 | 2,18,764 | 60% | 800 | |
| Total | 6,523 | 1,27,34,215 | 96,680 | |||
| Category | Jodhpur Projects | |||||
| --- | --- | --- | --- | --- | --- | --- |
| Jodhpur Projects | Location | Total units (No.) | Total Saleable Area (Sq.ft) | Economic Interest of ASL | Rev. Potential (INR Mn) | |
| Affordable | Anchal | Dal Bai Circle | 1,848 | 17,38,800 | 100% | 6,500 |
| Adita | Dal Bai Circle | 234 | 1,78,293 | 100% | 740 | |
| Total | 2,082 | 19,17,093 | 7,240 |
The company has 14.6 mn sq. ft. of forthcoming project portfolio
with a revenue potential of INR 100 bn
Note: Area potential is as per management estimates subject to plan approvals from regulatory authorities
Above figures are based on Management Estimates which are subject to change
Company
Business
Finance
Subsidiary
ARIHANT
BUSINESS EMPLOYERS
Change in
Society
Ongoing Residential Projects (1/3)
ARIHANT 5 ANAIKA
| Revenue Potential | INR 1,700 Mn |
|---|---|
| Total Units | 433 |
| Total Saleable Area | 3.63 lakh Sq.ft. |
| Completion Status | 91% |
ARIHANT ADVIKA
| Revenue Potential | INR 7,000 Mn |
|---|---|
| Total Units | 327 |
| Total Saleable Area | 4.93 lakh Sq.ft. |
| Completion Status | 70% |
ARIHANT AARADHYA
| Revenue Potential | INR 1,500 Mn |
|---|---|
| Total Units | 440+192+220 |
| Total Saleable Area | 3.02 lakh Sq.ft.; 1.40 lakh sft; 1.95 lakh sft |
| Completion Status | Phase 1 – 99% Phase 2 - 32% |
ARIHANT CLAN AALISHAN
| Revenue Potential | INR 8,000 Mn |
|---|---|
| Total Units | 811 |
| Total Saleable Area | 9.99 lakh Sq.ft. |
| Completion Status | Phase 1 – 100% & Phase 2 – 72.5% |
- Elevation image is an Artist's impressions for representational purposes only
Company
Business
Financial
Solutions
ARIHANT
CURRENT
SCHOOL
OF
SCIENCE
TECHNOLOGY
SCHOOL
OF
TECHNOLOGY
Ongoing Residential Projects (2/3)
ARIHANT AMISHA
| Revenue Potential | INR 1,200 Mn |
|---|---|
| Total Units | 476 |
| Total Saleable Area | 3.18 lakh Sq.ft. |
| Completion Status | Phase 1 & 2 - 100% & Phase 3 -33% |
ARIHANT ARSHIYA
| Revenue Potential | INR 3,000 Mn |
|---|---|
| Total Units | 979 |
| Total Saleable Area | 8.62 lakh Sq.ft. |
| Completion Status | Phase 1,2, 3 - 100% & Phase 4 - 20% |
ARIHANT ASPIRE
| Revenue Potential | INR 10,000 Mn |
|---|---|
| Total Units | 1,902 |
| Total Saleable Area | 18.67 lakh Sq.ft. |
| Completion Status | Phase 1-100%, Phase 2 - 57%, Phase 3 - 33% |
ARIHANT ADITA
| Revenue Potential | INR 3,000 Mn |
|---|---|
| Total Units | 889 |
| Total Saleable Area | 1.30 lakh Sq.ft. |
| Completion Status | Phase - 1,2,3,4 - 100% & Phase 5 - 11% |
- Elevation image is an Artist's impressions for representational purposes only
Company Business Research Subsidiary
ARIHANT
BUSINESS RESEARCH
Change & Change
22
Ongoing Residential Projects (3/3)
ARIHANT ALOKI
| Revenue Potential | INR 1,000 Mn |
|---|---|
| Total Units | 127+121 |
| Total Saleable Area | 0.85 lakh Sq.ft.; 0.79 lakh Sq.ft. |
| Completion Status | Phase 3 - 98%, Phase 4 - 82% |
ARIHANT ADARSH
| Revenue Potential | INR 2,800 Mn |
|---|---|
| Total Units | 778 |
| Total Saleable Area | 5.40 lakh Sq.ft. |
| Completion Status | 20% |
ARIHANT AAYAN
ARIHANT ANCHAL
| Revenue Potential | INR 1,180 Mn |
|---|---|
| Total Units | 532 |
| Total Saleable Area | 4.78 lakh Sq.ft. |
| Completion Status | Completed |
- Elevation image is an Artist's impressions for representational purposes only
Financial Overview
23
Q4-FY26 Highlights
ARIHANT
BUSINESS AND CONSTRUCTION
CONTINUING BUSINESS
Pre-sales
- INR 3,132 Mn
- 395 units sold
- 398,565 sq. ft. of area sold
Financial Highlights
- Operating Revenue – INR 1,808 Mn
- EBITDA – INR 302 Mn, EBITDA Margin – 16.70%
- PAT – INR 119 Mn, PAT Margin – 6.58%
- EPS – INR 2.75 per share
Operational Highlights & Developments
- OC received for Arihant Aspire Ph-1, delivering 657 units equivalent to 7,37,480 sq. ft. saleable area
- Launched ‘Benita’ Tower at Arihant Aspire comprising 3,81,815 sq. ft. of saleable area
- Collections stood at INR 1,693 Mn
- Unsold Inventory stood at 71 units valued at 140 Mn
24
Company Business Financial Industry
ARIHANT
BUSINESS RESEARCH INSTITUTE FOR ENVIRONMENTAL BIOLOGY
UNIVERSITY OF CALIFORNIA, BERKELEY
Key Quarterly Performance Indicators
Revenues (INR Mn)
Value of Sales (INR Mn)
Collections (INR Mn)
EBITDA & PAT Margin (%)
Units Sold (No.)
Area Sold (Lakh sq ft)
Company Business Financial Industry
ARIHANT
BUSINESS FINANCIAL INFORMATION
NEWSWEEK
NEWSWEEK
Key YTD Performance Indicators
Revenues (INR Mn)
FY25 FY26
Value of Sales (INR Mn)
FY25 FY26
Collections (INR Mn)
FY25 FY26
EBITDA & PAT Margin (%)
FY25 FY26
Units Sold (No.)
FY25 FY26
Area Sold (Lakh sq ft)
FY25 FY26
Company Business Financial Statistics ARIHANT Company Earnings
Quarterly Financial Performance
| Particulars (INR Mn) | Q4-FY26 | Q3-FY26 | Q-o-Q | Q4-FY25 | Y-o-Y |
|---|---|---|---|---|---|
| Operating Revenues | 1,808 | 1,263 | 43.2% | 1,526 | 18.5% |
| Operating Expenses | 1,506 | 972 | 54.9% | 1,306 | 15.3% |
| EBITDA | 302 | 291 | 3.8% | 220 | 37.3% |
| EBITDA Margins (%) | 16.70% | 23.04% | (634) Bps | 14.42% | 228 Bps |
| Other Income | 12 | 11 | 9.1% | 24 | (50.0)% |
| Depreciation | 7 | 8 | (12.5)% | 6 | 16.7% |
| Interest | 153 | 183 | (16.4)% | 137 | 11.7% |
| Profit Before Tax | 154 | 111 | 38.7% | 101 | 52.5% |
| Tax | 35 | 28 | 25.0% | (12) | NA |
| Profit After tax | 119 | 83 | 43.4% | 113 | 5.3% |
| PAT Margins (%) | 6.58% | 6.57% | 1 Bps | 7.40% | (82) Bps |
| Basic EPS (INR) | 2.75 | 1.91 | 44.0% | 2.74 | 0.4% |
YTD Financial Performance
Company Business Financial Statistics
ARIHANT
BUSINESS POLICY
UNITED STATES
32
| Particulars (INR Mn) | FY26 | FY25 | Y-o-Y |
|---|---|---|---|
| Operating Revenues | 5,510 | 4,988 | 10.5% |
| Operating Expenses | 4,244 | 3,942 | 7.7% |
| EBITDA | 1,266 | 1,046 | 21.0% |
| EBITDA Margins (%) | 22.98% | 20.97% | 201 Bps |
| Other Income | 50 | 50 | NA |
| Depreciation | 28 | 24 | 16.7% |
| Interest | 677 | 410 | 65.1% |
| Profit Before Tax | 611 | 662 | (7.7)% |
| Tax | 151 | 115 | 31.3% |
| Profit After tax | 460 | 547 | (15.9)% |
| PAT Margins (%) | 8.35% | 10.97% | (262) Bps |
| Basic EPS (INR) | 10.65 | 12.64 | (15.7)% |
Debt Pattern
Company Business Financial Bulletin ARIHANT SCHWABENCERBISCHES & FONDS
| Particulars | As on 31st March 2026
(INR Mn) |
| --- | --- |
| Gross Debt | 8,728 |
| Less: Cash and Cash equivalents | 145 |
| Less: Investments / Deposits | 444 |
| Net Debt | 8,140 |
| Unsecured Loans & Others | 3,610 |
| Adjusted Net Debt | 4,530 |
| Net worth | 4,498 |
| Adj. Secured Net Debt / Equity | 1.01 |
Note:
- The Net debt serviceable (Institutions/Bank) as on 31st March 2026 is approx. Rs. 4.5 Billion
- These borrowings have been availed from HDFC Bank, SBI, ICICI Bank, STCI Finance Limited, ICICI Ventures, Tata Capital & Bajaj Housing Finance
- The unsecured debt of INR 36 Billion is payable when enable and accrued to the lenders by giving more liquidity to the company for growth
Company Business Financial Industry
ARIHANT
BUSINESS EVALUATION AND CONTINUING STABILITY
Historical Performance Indicators
- Units delivered in FY24 were Nil since larger projects were under execution, whereas as some of the near completion projects had delayed OC receipts, thus those deliveries were rolled over. The Phase 1 of the larger projects have now reached the delivery stage which is reflected in the FY26 numbers. Going ahead, on a regular basis the rest of phases will achieve delivery stage at regular intervals. About 5,855 units are under execution currently.
30
Company Business Financial Industry
ARIHANT
BUSINESS EVALUATION
CONTINUING STABILITY
31
Historical Financial Performance
Operating Revenue (INR Mn)
EBITDA (INR Mn) and EBITDA Margins (%)
PAT (INR Mn) and PAT Margins (%)
ROE & ROCE (%)
Networth (INR Mn)
Total Debt (INR Mn) & Net Debt/Equity(x)
Conspany Business Financial Bulletin ARIHANT Connoisseur Éthique
Historical Consolidated Income Statement
| Particulars (INR Mn) | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Operating Revenues | 3,984 | 5,101 | 4,988 | 5,510 |
| Total Operating Expenses | 3,209 | 3,969 | 3,942 | 4,244 |
| EBITDA | 775 | 1,132 | 1,046 | 1,266 |
| EBITDA Margins (%) | 19.45% | 22.19% | 20.97% | 22.98% |
| Other Income | 23 | 12 | 50 | 50 |
| Depreciation | 20 | 22 | 24 | 28 |
| Interest | 256 | 260 | 410 | 677 |
| Profit Before Tax | 522 | 862 | 662 | 611 |
| Tax | 95 | 170 | 115 | 151 |
| Profit After tax | 427 | 692 | 547 | 460 |
| PAT Margins (%) | 10.72% | 13.57% | 10.97% | 8.35% |
| Basic EPS (INR) | 7.63 | 10.91 | 12.64 | 10.65 |
32
Company Business Financial Industry
ARIHANT
BERKELEY, TEXAS
ADMINISTRATION
1711
20th ANNIVERSARY
Historical Consolidated Balance Sheet
| Particulars (INR Mn) | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ASSETS | ||||
| Non-Current Assets | ||||
| Property, Plant & Equipment | 103 | 94 | 835 | 1,099 |
| Intangible Assets | 1 | - | 1 | 1 |
| Investment in Property | 116 | 116 | 146 | 144 |
| Financial Assets | ||||
| (i)Investments | - | - | - | - |
| (iii)Other financial Assets | 399 | 439 | 453 | 152 |
| Deferred tax Assets | 1 | 2 | 2 | 3 |
| Sub Total Non Current Assets | 620 | 651 | 1,437 | 1,412 |
| Current Assets | ||||
| Inventories | 4,838 | 5,552 | 7,285 | 8,980 |
| Financial Assets | ||||
| (i) Investment | - | - | - | 1 |
| (ii)Trade Receivables | 852 | 1,039 | 1,138 | 1,004 |
| (iii)Cash and Bank Balance | 80 | 150 | 225 | 201 |
| (iv)Loans | - | 1 | 1 | 1 |
| (v) Other Financial Asset | 57 | 87 | 261 | 437 |
| Land | 2,932 | 3,967 | 4,755 | 4,820 |
| Current Tax Assets | 18 | - | - | - |
| Other Current Assets | 415 | 571 | 760 | 846 |
| Sub Total Current Assets | 9,192 | 11,366 | 14,425 | 16,290 |
| TOTAL ASSETS | 9,812 | 12,017 | 15,862 | 17,702 |
| Particulars (INR Mn) | FY23 | FY24 | FY25 | FY26 |
| --- | --- | --- | --- | --- |
| EQUITY AND LIABILITIES | ||||
| Share Capital | 412 | 506 | 412 | 433 |
| Other Equity | 1,686 | 2,186 | 2,680 | 3,202 |
| Non-controlling interest | 358 | 542 | 686 | 864 |
| Total Equity | 2,456 | 3,234 | 3,778 | 4,499 |
| Non Current Liabilities | ||||
| Financial Liabilities | ||||
| (i)Borrowings | 3,142 | 4,161 | 7,040 | 7,586 |
| Provisions | 7 | 14 | 2 | 6 |
| Sub Total Non Current Liabilities | 3,149 | 4,175 | 7,042 | 7,592 |
| Current Liabilities | ||||
| (i)Borrowings | 177 | 613 | 343 | 1153 |
| (ii)Trade Payables | 746 | 638 | 763 | 891 |
| (iii)Other Financial Liabilities | 51 | 87 | 300 | 308 |
| Other current Liabilities | 3,222 | 3,175 | 3,524 | 3,174 |
| Provisions | 11 | 44 | 41 | 42 |
| Current Tax Liability | - | 51 | 71 | 42 |
| Sub Total Current Liabilities | 4,207 | 4,608 | 5,042 | 5,610 |
| TOTAL EQUITY AND LIABILITIES | 9,812 | 12,017 | 15,862 | 17,702 |
33
Company Business Financial Safety
ARIHANT
BUSINESS ASSOCIATION
CONTINUING BENEFITS
Historical Cash Flow Statements
| Particulars (INR Mn) | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash flow from operations | (118) | (1,207) | (1,388) | (708) |
| Cash flow from investing | (18) | (7) | (766) | (274) |
| Cash flow from financing | 69 | 1,284 | 2,186 | 945 |
| Closing Cash & cash equivalents | 80 | 150 | 182 | 145 |
Industry Overview
35
Industry
Company
Business
Financial
Appendix
ARIHANT
BUSINESS RESEARCH
INSTITUTE OF TECHNOLOGY
CHARTER
Residential Housing Market Scenario – Navi Mumbai
Multiple factors have contributed to structural changes and are driving demand for residential housing
| 1 | Employment opportunities | Establishment of industrial and commercial hubs has resulted in better livelihood opportunities and higher disposable income thereby spurring the demand for residential properties |
|---|---|---|
| 2 | Infrastructure development | Development of Metro line, Trans-harbor link, proximity to Mumbai–Pune expressay and Navi Mumbai international airport improves connectivity. Upcoming projects: Aerocity, CIDCO Intl’ Corporate Park, Coastal Rd, Panvel Karjat railway corridor, etc. |
| 3 | Ease of living | Neighborhoods equipped with schools, colleges, hospitals, restaurants, sports complexes, shopping malls and other social infrastructure enhances ease of living and quality of life |
MMR accounts for 28% volume share in units sold in CY2025 amongst top 8 cities
Volume share (%) in CY2025
MMR registered flat sales in H2 CY25 compared to lower volumes across major markets
No. of housing units sold in India in H2-2025
Satisfactory AQI and cleanliness makes Navi Mumbai a preferred choice
Air Quality Index (AQI)
Volume share of Navi Mumbai in MMR is steadily increasing over time
Source: Knight Frank, Company analysis, CREDAI, Liasses Foras, Hindustan Times, Swachh Sarvekshan 2023, Times of India
Disclaimer
Arihant Superstructures Ltd.
ARIHANT SUPERSTRUCTURE LTD. CENTRALLY PRIVILEGED
175 FOURTH ARIDA
No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Certain statements made in this presentation may not be based on historical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions of the management of Arihant Superstructures Ltd., (the "Company" or "ASL") together with its Subsidiaries (collectively, the "Arihant Group") which are expressed in good faith and in their opinion reasonable, including those relating to the Company's general business plans and strategy, its future financial condition and growth prospects and future developments in its industry and its competitive and regulatory environment.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance or achievements of the Company or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements, including future changes or developments in the Company's business, its competitive environment and political, economic, legal and social conditions. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements, although we believe that the assumption on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statement based on those assumptions could be materially incorrect. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments. The viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements and management estimates.
This presentation is for general information purposes only, without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction, including the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered or sold in the United States, without registration under the U.S. Securities Act of 1933, as amended, or pursuant to an exemption from registration there from. Moreover, both express or implied representation or warranty is made as to, and no reliance should be placed on, the accuracy, completeness, reasonableness or reliability of this information. None of the directors, promoters or employees of the Arihant Group or any of its affiliates, advisors or representatives accepts any responsibility or liability regarding the accuracy or validity of the information provided herein or any loss or damage suffered by anyone due to perusal of this document.
This presentation is confidential and may not be copied or disseminated, in whole or in part, and in any manner.
Valorem Advisors Disclaimer:
Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review.
VALOREM ADVISORS
Mr. Anuj Sonpal
Valorem Advisors
Tel: +91-22-3507 5100
Email: [email protected]
Investor Kit Link: www.valoremadvisors.com/arihant
Mr. Udit Kasera
CFO - Arihant Superstructures Ltd.
Email: [email protected]