Arihant Institute share price

BSE: 541401Other Consumer Services

Arihant Institute Limited · Face value ₹10 · Listed Jun 2018

Trading suspended since 17 Sep 2026

Last traded ₹1.56 on 13 Dec 2021

Latest announcements

Routine notices left out.

Share price history

Daily closes since Jun 2018, adjusted for splits and bonuses

Daily close, ₹ per share

Results for the half year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.03 Cr+165.4% on a year ago · +21.7% on the half year before
Net profit
₹0.01 Cr+205.0% on a year ago · +60.5% on the half year before
Earnings per share
₹0.010.0% on a year ago · 0.0% on the half year before
Net margin
18.1%

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Other income0.0
  3. Finance costs0.0
  4. Profit before tax0.0
  5. Tax0.0
  6. Net profit0.0

Arihant Institute results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Mar 2026. Results for the half year to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
0.10.0Sep 230.00.0Mar 240.00.0Sep 240.00.0Mar 250.00.0Sep 250.00.0Mar 26
Peak revenue ₹0.05 Cr, half year to Sep 2023; lowest ₹0.01 Cr, half year to Mar 2025

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
77.3%−359.4%−359.4%13.2%77.3%6.5%67.1%33.0%15.7%13.7%18.1%Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26
₹ croreSep 2021worked outMar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Revenue from operations0.000.010.050.030.050.030.030.010.030.03
––0.00–0.25–0.03–0.01–
Materials and goods bought0.000.000.000.010.050.030.000.000.010.00
Employee costs––0.00–0.00–0.02–––
Other expenses––0.00–0.20–0.01–––
Operating profit before depreciation––0.05–−0.19–0.00–0.02–
Operating margin––90.7%–−359.4%–13.2%–77.3%–
Depreciation and amortisation––0.06–0.05–0.02–0.02–
Other income0.000.000.010.080.250.100.030.020.010.01
Finance costs0.000.000.000.000.000.000.010.000.000.00
One-off items––0.00–––––––
Profit before tax−0.10−0.050.00−0.010.000.000.010.000.000.01
Tax−0.030.000.00−0.030.00−0.010.000.000.000.00
Tax rate––0.0%–0.0%−284.3%0.0%0.0%0.0%42.5%
Net profit−0.07−0.050.000.010.000.020.010.000.000.01
Net margin−1,606.5%−473.0%8.5%35.5%6.5%67.1%33.0%15.7%13.7%18.1%
Earnings per share––₹0.00₹0.01₹0.00₹0.02₹0.01₹0.01₹0.01₹0.01
Earnings per share in rupees, restated for later splits and bonuses.

9 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
1.80.2Mar 181.70.20.0Mar 190.60.00Mar 200.0−0.10.1Mar 210.0−0.10.1Mar 220.10.00.0Mar 230.10.00.2Mar 240.00.00.3Mar 250.10.00.3Mar 26
Peak revenue ₹1.82 Cr, year to Mar 2018; lowest ₹0.01 Cr, year to Mar 2022A loss in 2 of the 9 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin
78.2%−830.1%21.6%2.0%63.0%64.8%−234.5%27.0%78.2%9.6%9.5%6.2%−374.9%−830.1%31.1%41.2%36.0%16.1%Mar 18Mar 20Mar 22Mar 24Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.1
  2. Materials and goods0.0
  3. Employee costs0.0
  4. Other expenses0.0
  5. Operating profit0.0
  6. Depreciation0.0
  7. Other income0.0
  8. Finance costs0.0
  9. Profit before tax0.0
  10. Tax0.0
  11. Net profit0.0

What the company owns

  • Plant, investments and other assets₹10 Cr
  • Receivables₹5 Cr
  • Cash and bank₹0 Cr
  • Inventory₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹14 Cr
  • Other liabilities₹1 Cr
  • Borrowings₹0 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.

₹ croreMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue from operations1.821.750.570.030.010.090.080.040.06
1.43––0.030.010.030.270.030.01
Materials and goods bought0.170.600.110.010.000.010.040.000.01
Employee costs–––0.010.000.010.040.020.00
Other expenses–––0.010.010.010.190.010.00
Operating profit before depreciation0.39––0.000.010.06−0.190.010.05
Operating margin21.6%––2.0%63.0%64.8%−234.5%27.0%78.2%
Materials, % of revenue–––32.8%0.0%10.2%47.9%6.0%17.8%
Employee costs, % of revenue–––47.3%0.0%13.5%49.7%36.0%0.0%
Other expenses, % of revenue–––17.9%37.0%11.5%236.8%30.9%4.1%
Depreciation and amortisation0.17––0.130.160.150.090.050.05
Operating profit after depreciation0.22––−0.13−0.15−0.09−0.28−0.030.00
Other income–0.000.000.000.000.090.350.050.01
Finance costs0.030.010.000.000.000.000.000.010.00
Profit before one-off items and tax0.190.180.04−0.13−0.150.000.070.010.01
Profit before tax0.190.180.04−0.13−0.150.000.020.010.01
0.010.020.00−0.01−0.03−0.03−0.010.000.00
Net profit0.180.170.04−0.12−0.120.030.030.020.01
Net margin9.6%9.5%6.2%−374.9%−830.1%31.1%41.2%36.0%16.1%
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2019 and Mar 2020: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
13.613.713.613.513.513.513.513.5
Share capital9.49.49.49.49.49.49.49.4
Reserves4.24.34.24.14.14.14.14.1
Borrowings0.00.00.10.10.00.20.30.3
1.21.00.90.90.90.90.80.8
Liabilities due after a year0.00.00.10.10.00.20.30.3
Total assets14.814.714.614.514.414.614.614.6
10.210.09.99.89.69.69.59.5
4.74.74.74.74.75.15.15.1
Net debt−0.10.00.10.10.00.20.20.2
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the year to Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
−0.020.000.08−0.210.000.07
−0.020.000.08−0.160.000.07
−0.02−0.01−0.07−0.32−0.060.01
Receivables0.00−0.01−0.08−0.360.010.00
Inventories0.000.000.010.040.000.00
Payables−0.030.00−0.020.02−0.080.00
Other working capital0.010.000.02−0.020.010.01
Capital spending0.000.000.000.000.000.00
Free cash flow−0.020.000.08−0.210.000.07
Cash from investing0.00−0.180.000.000.000.00
0.000.00−0.080.220.000.00
Dividends paid0.000.000.000.000.000.00
Shares issued0.000.000.000.000.000.00
Net change in cash−0.02−0.180.000.010.010.07
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Earnings per share₹0.18₹0.19₹0.04––₹0.00₹0.04₹0.02₹0.01
Diluted earnings per share–₹0.19₹0.04––₹0.00₹0.04₹0.02₹0.01
Book value per share–₹14.51₹14.54–––₹14.36–₹14.39
Market cap at the year end (₹ crore)–14.0–––––––
Earnings per share is left blank for the year to Mar 2021: the earnings per share is stated as 0 while the period's profit or loss comes to at least half a paisa a share, so the 0 stands in for a figure the filing does not give. Earnings per share is left blank for the year to Mar 2022: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Standalone, years to March.

RatioMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue growth–−4.0%−67.6%−94.6%−52.6%509.2%−8.7%−47.0%42.8%
Operating profit growth––––1,360.3%526.8%––313.8%
Net profit growth–−5.1%−78.7%–––21.0%−53.6%−36.1%
Earnings per share growth–5.6%−78.9%–––1,100.0%−44.4%−50.0%
–1.2%0.3%−0.8%−0.9%0.2%0.2%0.1%0.1%
––−1.0 pts−1.1 pts0.0 pts1.1 pts0.0 pts−0.1 pts0.0 pts
From the net margin––−0.4 pts−15.8 pts−1.0 pts0.9 pts0.1 pts0.0 pts−0.1 pts
From asset turnover––−0.5 pts14.7 pts1.0 pts0.2 pts0.0 pts−0.1 pts0.0 pts
From borrowing––0.0 pts0.0 pts0.0 pts0.0 pts0.0 pts0.0 pts0.0 pts
Return on capital employed–––−0.9%−1.1%−0.7%−2.1%−0.2%0.0%
Cash conversion–––––281.6%−617.1%9.7%705.1%
Interest cover6.8–––––––24.0
Debt to equity–0.000.000.010.010.000.020.020.02
Receivable days–8352,69151,3861,08,57318,15721,51940,56328,408
Inventory days–411731,946–1,7985544970
Payable days–––––––7,0051,587
Cash conversion cycle, days–––––––34,00726,891
Working capital days–7002,33644,61294,24815,75918,70535,84225,044
Asset turnover–0.120.040.000.000.010.010.000.00
Assets per rupee of net worth–1.091.081.071.071.071.081.081.08
Sales per rupee of plant–0.380.110.010.000.020.020.010.01
Capital spending to depreciation–––0.000.000.000.000.000.00
Interest cover is left blank for the years to Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2025: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the year to Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
0.1%
Cash from operations against operating profit
145.4%
Measure10 years5 years3 years
Revenue growth, yearly rate–14.8%−11.6%
Profit growth, yearly rate––−29.0%
Return on equity, average–−0.1%0.1%
Return on capital employed, average–−0.8%−0.8%
Operating margin, average–−0.3%−43.1%
Net margin, average−117.3%−141.2%31.1%
Asset turnover, average–0.000.00
Cash conversion cycle, days, average––30,449
Debt to equity, average–0.010.02

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations−0.05−0.130.07
Cash from investing−0.180.000.00
Cash from financing0.140.220.00
Capital spending0.000.000.00
Dividends paid0.000.000.00
Shares issued for cash0.000.000.00
Borrowings raised0.230.230.01
Borrowings repaid0.080.000.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points––72.0798.2452.80−507.3616.9046.87−42.79
Inventory growth less cost-of-goods growthOur threshold 0 percentage points––60.3391.10100.02–−415.5348.40−353.61
Other current assets growth less revenue growthOur threshold 5 per cent of revenue––−2.75−563.210.000.000.000.000.00
Effective tax ratePublished threshold 17.16 per cent6.918.499.72––−1,166.97−68.31−25.0031.25
Tax charged less tax paid, % of profitOur threshold 10 percentage points–––––−1,166.97−68.31−25.0031.25
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, Education, which carries all its revenue.

Arihant Institute share price by year

Each calendar year to 2021.

YearClose at year endChangeHighest closeLowest close
20211.56−12.4%2.591.41
20201.78−69.5%5.251.70
20195.83−73.5%28.104.18
201822.00–32.4019.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 18 Aug 2020. 2018 is from its first session, 5 Jun 2018. The close is the year's last trade for 2021 (13 Dec 2021) and 2019 (18 Dec 2019).

Recent sessions

The 10 trading days to 13 Dec 2021, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Dec 20211.491.561.421.561.4924,000
6 Dec 20211.591.591.491.491.5212,000
29 Nov 20211.411.551.411.551.4368,000
22 Nov 20211.481.481.411.481.4520,000
15 Nov 20211.341.481.341.481.4740,000
25 Oct 20211.411.411.411.411.4120,000
18 Oct 20211.411.481.411.481.4236,000
11 Oct 20211.481.481.481.481.484,000
4 Oct 20211.551.551.551.551.5520,000
13 Sep 20211.631.631.631.631.6312,000
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
541401
ISIN
INE997Z01016
Industry
Other Consumer Services
CIN
L80301GJ2007PLC050413
Corporate identity number, the registrar of companies' code for it
Incorporated
2007
Registered office
Office No- S.F.221, Binali, Opp. Torrent Power Ltd, Sola Road, Naranpura, Ahmedabad 380013, Gujarat
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments