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Arihant Foundations & Housing announces Q2 results: Profit Rises by 810.34% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 427.76 % in the past year, substantial increase in net sales/revenue by 24.78 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -25.37 %, Marginal decrease of -27.75% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Arihant Foundations & Housing Ltd.. Notable increase of 810.34 % in net profit Year to Year, Arihant Foundations & Housing Ltd.’s profitability increased by 11.04 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 802.94 % Year to Year. EPS increased by 11.03 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Arihant Foundations & Housing Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 9.15 Cr Rs. 38.7 Cr Rs. 48.29 Cr + 24.78 % + 427.76 %
Expenses Rs. 6.02 Cr Rs. 24.37 Cr Rs. 32.46 Cr + 33.2 % + 439.2 %
Operating Profit Rs. 3.13 Cr Rs. 14.33 Cr Rs. 15.83 Cr + 10.47 % + 405.75 %
OPM % 34.21 % 37.03 % 32.78 % -4.25 % -1.43 %
Other Income Rs. 3.35 Cr Rs. 3.46 Cr Rs. 2.5 Cr -27.75 % -25.37 %
Interest Rs. 4.61 Cr Rs. 4.07 Cr Rs. 3.56 Cr -12.53 % -22.78 %
Depreciation Rs. 0.08 Cr Rs. 0.1 Cr Rs. 0.11 Cr + 10 % + 37.5 %
Profit before tax Rs. 1.79 Cr Rs. 13.62 Cr Rs. 14.66 Cr + 7.64 % + 718.99 %
Tax % 35.2 % 30.18 % 27.97 % -2.21 % -7.23 %
Net Profit Rs. 1.16 Cr Rs. 9.51 Cr Rs. 10.56 Cr + 11.04 % + 810.34 %
EPS in Rs Rs. 1.36 Rs. 11.06 Rs. 12.28 + 11.03 % + 802.94 %


Today, we’re looking at Arihant Foundations & Housing Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 427.76 %. However, it did see a marginal increase of 24.78 % from the previous quarter. Expenses ticked up slightly by 33.2 % quarter-on-quarter, aligning with the annual rise of 439.2 %. Operating profit, while up 405.75 % compared to last year, faced a quarter-on-quarter increase of 10.47 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.43 %, but a shrinkage of -4.25 % sequentially. Other income fell by -27.75 % compared to the last quarter, despite an annual decline of -25.37 %. Interest expenses dropped significantly by -12.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.78 %. Depreciation costs climbed by 10 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.5 %. Profit before tax grew annually by 718.99 % but saw an increase from the preceding quarter by 7.64 %.
Tax expenses as a percentage of profits decreased slightly by -7.23 % compared to last year, with a more notable quarter-on-quarter decrease of -2.21 %. Net profit rose by 810.34 % year-on-year but experienced a 11.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 802.94 % but a quarterly rise of 11.03 %. In summary, Arihant Foundations & Housing Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 9.15 Cr Rs. 38.7 Cr Rs. 48.29 Cr + 24.78 % + 427.76 %
Expenses Rs. 6.02 Cr Rs. 24.37 Cr Rs. 32.46 Cr + 33.2 % + 439.2 %
Operating Profit Rs. 3.13 Cr Rs. 14.33 Cr Rs. 15.83 Cr + 10.47 % + 405.75 %
Net Profit Rs. 1.16 Cr Rs. 9.51 Cr Rs. 10.56 Cr + 11.04 % + 810.34 %
EPS in Rs Rs. 1.36 Rs. 11.06 Rs. 12.28 + 11.03 % + 802.94 %


In reviewing Arihant Foundations & Housing Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 427.76 % year-on-year growth, however, there was a minor increase of 24.78 % from the previous quarter. Expenses rose by 439.2 % compared to the previous year, with a 33.2 % increase quarter-on-quarter. Operating Profit surged by 405.75 % annually, and saw a 10.47 % increase from the last quarter.
Net Profit showed yearly increase of 810.34 %, and experienced a 11.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 802.94 % annually, however rose by 11.03 % compared to the last quarter. In essence, while Arihant Foundations & Housing Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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