Arfin India logo

Arfin India share price

NSE: ARFINBSE: 539151Non - Ferrous MetalsSmall Cap

Arfin India Limited · Face value ₹1 · Listed May 2015 on BSE, Jul 2025 on NSE
Last close ₹89.32up ₹3.45 (4.02%)BSE ₹89.51

Share price at the NSE close on 27 Oct 2026. Previous close ₹85.87.

27 Oct: open ₹85.87, high ₹91.51, low ₹85.01

52-week range of traded prices to 27 Oct 2026
₹52.60Low, 27 Oct 2025₹113.83High, 9 Oct 2026
Market cap
₹1,507 Cr1,313th largest listed
P/E
81.71
P/B
8.85
Dividend yield
0.13%
ROE
11.3%
ROCE
15.0%
Debt to equity
0.76
Volume, NSE
21,99,94320.0% delivered

Arfin India share price chart

Daily closes since Nov 2022, BSE closes May 2015 to Jul 2025, adjusted for splits and bonuses. Earlier closes are left out: on 14 Nov 2022 the price changed in a way no corporate action on record explains.

+68.6%over a year · Nifty 500 −8.8%

ResultsDividend20-session average 46,01,737 shares a day, 23.1% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore.Arfin India quarterly results

Quarter to Jun 2026, against the quarter before

Revenue
₹208 Crup 8.48%
Net profit
₹3.53 Crdown 38.11%
Net margin
1.7%

Revenue by quarter

₹149 CrSep 24₹180 CrDec 24₹153 CrMar 25₹109 CrJun 25₹128 CrSep 25₹196 CrDec 25₹192 CrMar 26₹208 CrJun 26
Peak revenue ₹208 Cr, quarter to Jun 2026; lowest ₹109 Cr, quarter to Jun 2025

Net profit by quarter, a loss in red

₹2.58 CrSep 24₹3.03 CrDec 24₹0.54 CrMar 25₹1.02 CrJun 25₹2.05 CrSep 25₹4.82 CrDec 25₹5.71 CrMar 26₹3.53 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue149180153109128196192208
Net profit33112564
Net margin1.7%1.7%0.4%0.9%1.6%2.5%3.0%1.7%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Ferrous & Non ferrous metal, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.Arfin India PE ratio and valuation

Price to earnings

At or below today's level on 80% of 2,044 trading days since May 2017.

LowestHighest
Its median32.41Industry median16.90
Price to book

At or below today's level on 85% of 1,011 trading days over the last 5 years.

LowestHighest
Its median5.81Industry median1.86
Dividend yield

At or below today's level on 96% of 2,377 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.56%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+169.1%+50.0%+79.3%0.2%
3 years+54.1%+7.6%+43.2%0.1%
Longer windows are left empty: a corporate action or price step on 2022-11-14 that cannot be sized sits inside this window.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Arfin India shareholding pattern

Shareholding by group

  • Promoters69.77%
  • Foreign institutions0.60%
  • Governments0.04%
  • Individuals and others29.59%
Holder
MAHENDRAKUMAR RIKHAVCHAND SHAHPromoter15.19%
JATIN MAHENDRAKUMAR SHAHPromoter14.91%
PUSHPABEN MAHENDRAKUMAR SHAHPromoter12.80%
RANI JATIN SHAHPromoter12.64%
JFE SHOJI INDIA PRIVATE LIMITEDCompanies5.81%
POOJA MAHENDRABHAI SHAHPromoter4.76%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged, foreign institutions −0.19 pts.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Arfin India insider trading

Bought on the market Sold on the market
  • Promoters and promoter group0 purchases, 1 saleNo purchase₹0.17 CrNet−₹0.17 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Arfin India competitors and peers

Aluminium, 17 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Arfin India in market cap.Metal stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Hindalco Industries logoHindalco IndustriesHINDALCO2,00,27312.211.47+20.3%−3.1%12.6%13.6%0.56%
Vedanta Aluminium Metal logoVedanta Aluminium MetalVAML1,38,467––––––2.26%
National Aluminium Company logoNational Aluminium CompanyNATIONALUM56,6058.392.62+9.0%+17.8%34.3%38.9%3.73%
MMP Industries logoMMP IndustriesMMP1,129–3.26+21.4%––11.5%0.45%
Maan Aluminium logoMaan AluminiumMAANALU55539.522.02−1.8%−5.5%6.2%3.9%0.00%
Msafe Equipments logoMsafe EquipmentsMSAFE525–5.35––––0.00%
Jainik Power Cables logoJainik Power CablesJAINIK23416.682.75––16.5%–0.00%
P.G.Foils logoP.G.FoilsPGFOILQ215–0.65−18.6%−114.6%−1.0%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Arfin India dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 250.1Mar 260.1Mar 27so far
Highest ₹0.12 a share, year to Mar 2027 so far.
Ex-dateTypePer share
24 Sep 2026Interim₹0.12
17 Nov 2025Interim₹0.11
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Arfin India announcements

Arfin India share price by year

Each calendar year to 2025.Arfin India share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close73.12+105.9%73.1223.75
2024BSE close35.52−30.6%58.9331.35
2023BSE close51.21+106.9%53.1619.79
2022BSE close24.75–27.3022.25
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 14 Nov 2022.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 202683.3586.8982.4685.8785.1414,91,28542.5%
23 Oct 202690.2090.2183.5084.1985.9814,43,95037.1%
22 Oct 202690.3293.3990.0090.6091.6816,85,76515.5%
21 Oct 202699.90100.2589.5191.9094.3431,48,09926.0%
19 Oct 2026102.00103.8997.25100.61101.3920,19,60531.9%
16 Oct 2026104.11105.01101.48102.72103.3920,36,11622.8%
15 Oct 2026106.00107.50102.00104.11105.1943,97,87918.6%
14 Oct 2026107.45107.80104.51105.70105.8621,72,69929.0%
13 Oct 2026106.01110.29105.50108.27108.6388,99,30118.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
14 Nov 2022Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
1 Nov 2017Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Chairperson
MAHENDRAKUMAR RIKHAVCHAND SHAH
At the end of the quarter to Sep 2026
Managing director
JATIN MAHENDRAKUMAR SHAH
At the end of the quarter to Sep 2026
NSE symbol
ARFIN
BSE code
539151
ISIN
INE784R01023
Industry
Non - Ferrous Metals
CIN
L65990GJ1992PLC017460
Corporate identity number, the registrar of companies' code for it
Incorporated
1992
Registered office
Plot No.117, Ravi Industrial Estate, Behind Prestige hotel, Billeshwarpura, Chhatral, Gandhi Nagar 382729, Gujarat
Share registrar
MCS Share Transfer Agent Ltd
Keeps the register of shareholders and handles transfers and dividend payments