Arihant Superstructures Ltd
NSE:ARIHANTSUP
Arihant Superstructures Ltd
Arihant Superstructures Ltd. engages in construction and real estate development projects. The company is headquartered in Navi Mumbai, Maharashtra. The company went IPO on 2017-03-28. The firm is engaged primarily in the business of development of real estate property. The firm's operation covers all aspects of real estate development, from the identification and acquisition of land, planning, execution, construction and marketing of projects. The firm's projects include Arihant Advika, Arihant Clan Aalishan, Arihant Aarohi, Arihant Anaika, Arihant 5 Anaika, Arihant 4 Anaika, Arihant Anant, Arihant Amisha Phase 2- Taloja Midc, Arihant Arshiya, Arihant Aloki, Arihant Anmol, Arihant Aura, Arihant Anchal and Arihant Adita. The firm also offer other projects, including Arihant Aloki - Karjat, Arihant Arshiya - Khopoli, Arihant Anmol - Badlapur, Arihant Amisha, Arihant Anshula, Arihant Anaika, Arihant Amber, Arihant Advika & Aleenta Vashi,Arihant Anchal, Arihant Adita and Arihant Ayati. The firm's projects are located in Navi Mumbai, Taloja, Khopoli, Badlapur, Karjat and Jodhpur.
Arihant Superstructures Ltd. engages in construction and real estate development projects. The company is headquartered in Navi Mumbai, Maharashtra. The company went IPO on 2017-03-28. The firm is engaged primarily in the business of development of real estate property. The firm's operation covers all aspects of real estate development, from the identification and acquisition of land, planning, execution, construction and marketing of projects. The firm's projects include Arihant Advika, Arihant Clan Aalishan, Arihant Aarohi, Arihant Anaika, Arihant 5 Anaika, Arihant 4 Anaika, Arihant Anant, Arihant Amisha Phase 2- Taloja Midc, Arihant Arshiya, Arihant Aloki, Arihant Anmol, Arihant Aura, Arihant Anchal and Arihant Adita. The firm also offer other projects, including Arihant Aloki - Karjat, Arihant Arshiya - Khopoli, Arihant Anmol - Badlapur, Arihant Amisha, Arihant Anshula, Arihant Anaika, Arihant Amber, Arihant Advika & Aleenta Vashi,Arihant Anchal, Arihant Adita and Arihant Ayati. The firm's projects are located in Navi Mumbai, Taloja, Khopoli, Badlapur, Karjat and Jodhpur.
Revenue: Q3 FY '26 consolidated operating revenue was INR 126 crores, down 16% year-on-year but up 3% sequentially.
Margins: EBITDA margin for the quarter was 22.94%; PAT margin was 6.59%. Management expects EBITDA margins to increase to 28-29% in coming quarters.
Pricing Power: Average price per square foot in Q3 rose 38% year-on-year to INR 7,505, with a focus on premium segment sales.
Sales Bookings: 288 units booked in Q3, totaling 370,000 sq ft and booking value of INR 278 crores; 9-month presales reached INR 664 crores.
Project Pipeline: Development pipeline is robust with strong land bank, new land acquisitions, and ongoing launches despite some slow absorption in select projects.
Leverage & Capital: Debt to increase by INR 150 crores mainly for annuity asset development; average cost of debt is around 12.5%. No immediate plans for equity dilution.
Annuity Assets: Investments in Gymkhana and hotel total INR 350 crores; Gymkhana to be ready in 2-2.5 years, hotel in 4 years, both expected to break even in 8 years.
