Outcome of the meeting of the Board of Directors of Arihant Superstructures Limited ('Company') held on May 15, 2026
ARIHANTSUP · price
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Arihant Superstructures reported FY2026 audited results with consolidated revenue of Rs 55,601 lakhs and net profit of Rs 2,793 lakhs (after non-controlling interest), down 32% from Rs 4,124 lakhs in FY2025. Standalone profit fell sharply to Rs 146 lakhs from Rs 1,948 lakhs. The Board recommended a final dividend of Rs 0.25 per share (2.5%) for FY2026. Promoter group voluntarily waived dividend entitlement. Two sons of the Chairman (Mr Parth Chhajer and Mr Bhavik Chhajer) were appointed as Joint Managing Directors for 5 years each, subject to shareholder approval. The company approved land sale to its wholly-owned subsidiary Dwellcons Private Limited. The earlier decision to switch registrars was reversed, continuing with Adroit Corporate Services.
Net profit declined significantly both standalone and consolidated year-over-year. Dividend payout is modest and the promoter waiver suggests cash conservation. Family succession appointments reinforce promoter control. The clean audit opinion provides assurance on financials despite the profit decline.