Mumbai, February 3, 2025
Arihant Superstructures Limited (BSE: 506194, NSE: ARIHANTSUP) has announced its financial results for the quarter and nine months ended December 31, 2024, reflecting strong revenue growth and profitability.Key Financial Highlights (Standalone)
| Particulars | Q3 FY25 (₹ Lakhs) | Q3 FY24 (₹ Lakhs) | 9M FY25 (₹ Lakhs) | 9M FY24 (₹ Lakhs) |
|---|---|---|---|---|
| Revenue from Operations | 6,189.79 | 2,507.34 | 10,759.63 | 9,460.88 |
| Total Income | 6,199.20 | 2,671.07 | 10,759.63 | 9,977.99 |
| Profit Before Tax (PBT) | 1,811.24 | 587.35 | 2,320.31 | 2,382.65 |
| Profit After Tax (PAT) | 1,415.01 | 589.50 | 1,853.82 | 2,288.97 |
| Earnings Per Share (₹) | 3.44 | 1.43 | 4.50 | 5.56 |
- Revenue from operations surged 146.9% YoY in Q3 FY25, reaching ₹6,189.79 lakh.
- Profitability remained strong, with PAT at ₹1,415.01 lakh, reflecting a YoY increase of 139.9%.
- Earnings per share (EPS) stood at ₹3.44, compared to ₹1.43 in Q3 FY24.
Key Financial Highlights (Consolidated)
| Particulars | Q3 FY25 (₹ Lakhs) | Q3 FY24 (₹ Lakhs) | 9M FY25 (₹ Lakhs) | 9M FY24 (₹ Lakhs) |
|---|---|---|---|---|
| Revenue from Operations | 13,076.68 | 11,922.88 | 34,255.78 | 34,944.02 |
| Total Income | 15,162.69 | 11,946.25 | 38,813.52 | 39,447.10 |
| Profit Before Tax (PBT) | 3,334.90 | 1,879.85 | 5,607.47 | 5,702.21 |
| Profit After Tax (PAT) | 2,544.57 | 1,317.35 | 3,345.48 | 3,573.11 |
| Earnings Per Share (₹) | 5.08 | 2.72 | 8.13 | 8.68 |
- Revenue grew 9.7% YoY in Q3 FY25 to ₹13,076.68 lakh.
- Consolidated PAT increased to ₹2,544.57 lakh, a 93.1% YoY growth.
- EPS nearly doubled YoY to ₹5.08, compared to ₹2.72 in Q3 FY24.
Segment-Wise Performance
The company operates in a single business segment, Real Estate Development, with notable contributions from its subsidiary companies, including:- Arihant Abode Ltd.
- Arihant Vatika Realty Pvt. Ltd.
- Arihant Aashiyana Pvt. Ltd.
- Arihant Gruhnirman Pvt. Ltd.
- Dwellcons Pvt. Ltd.
Corporate Announcements & Key Developments
- Internal Audit & Compliance Approval
- The board reviewed and took note of compliances under SEBI (LODR) Regulations for the quarter ended December 31, 2024.
- The Internal Audit Report was reviewed and taken on record.
- Approval of Related Party Transactions under Omnibus Approval for the quarter.
- Appointment of New Company Secretary & Compliance Officer
- Mr. Manoj Dhondge (ACS-A55592) has been appointed as Company Secretary and Compliance Officer (Key Managerial Personnel), effective February 3, 2025.
- Preferential Allotment of Warrants
- The company issued 20,90,000 share warrants, convertible into equity shares at ₹180.071 per share(including ₹170.071 premium per share), raising ₹50 crore in capital.
Management Commentary
Ashokkumar B. Chhajer, Chairman & Managing Director, commented:"Our strong financial performance in Q3 FY25 reflects the continued demand for our real estate projects and the strategic initiatives undertaken by the company. With a solid pipeline of projects and a focus on execution excellence, we remain confident in delivering sustained growth in the coming quarters."
Strategic Outlook & Market Positioning
- Robust demand for affordable and mid-segment housing continues to drive revenue.
- Expansion of project portfolio in key urban markets enhances revenue visibility.
- Focus on cost optimization and efficiency expected to further improve margins.
Arihant Superstructures Ltd. remains well-positioned for continued growth, leveraging strong financials, strategic land acquisitions, and project execution capabilities.