Earning conference call transcript.
ARIHANTSUP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Arihant Superstructures reported Q4 FY26 consolidated revenue of Rs. 181 crores, up 18.5% YoY, with EBITDA of Rs. 30 crores and PAT of Rs. 12 crores. For FY26, full-year revenue stood at Rs. 551 crores with EBITDA margin improving 200 basis points to 23%. The company delivered 1,721 units in FY26, launched a new tower Benita at Arihant Aspire Panvel (3.82 lakh sq ft), and raised its gross development value to Rs. 14,000 crores from Rs. 12,000 crores, driven by price appreciation from infrastructure developments. Management guided for EBITDA margins to improve to 25-27% in FY27, expects to turn free cash flow positive from next year, and targets 25-30% CAGR growth in pre-sales.
Positive for shareholders as margins are expected to recover in FY27 with deliveries from multiple projects. However, high debt (Rs. 453 crores secured) and interest costs remain a concern, with management expecting net debt to increase further by Rs. 50 crores for hospitality assets.