Arham Technologies FY26 revenue rises 70% to ₹118.57 crore
Arham Technologies Limited reported a 70% year-on-year increase in revenue from operations to ₹118.57 crore for FY26, with PAT rising 68% to ₹12.20 crore. Growth was driven by integrated manufacturing and brand building, with a revenue target of ₹200 crore set for FY27. The company secured Google EDLA certification for IFPDs, acquired land in Raipur for backward integration, and raised ₹53.5 crore via preferential allotment.

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Arham Technologies Limited reported a 70% year-on-year increase in revenue from operations to ₹118.57 crore for the financial year ended March 31, 2026. The company's profit after tax (PAT) rose by 68% to ₹12.20 crore, compared to ₹7.28 crore in the previous year. Management attributed the growth to integrated manufacturing, premium mass-market brand building, and disciplined capital deployment, while guiding for a revenue target of ₹200 crore in FY27.
Financial Performance and Strategic Highlights
The company secured Google EDLA certification with Android 14 for its Interactive Flat Panel Displays (IFPD), positioning its Starshine brand in the enterprise and smart classroom markets. To support backward integration into molding, sheet metals, motors, and packaging, Arham Technologies acquired 6,350 square meters of land at EMC Nava Raipur. The firm raised ₹53.5 crore through a preferential allotment, deploying approximately 50% of the funds, with the remainder earmarked for deployment in the current financial year.
Operational Metrics and Expansion
Arham Technologies appointed actor Vicky Kaushal as brand ambassador to strengthen its position as a mass-premium brand. The company currently operates in approximately 75-80 districts with 500 plus dealer outlets. It targets expanding its distributor network to 250 by FY28 and increasing capacity utilization to 75% by the same year. Marketing spend is projected at ₹7.5 crore for the current fiscal year and ₹5-6 crore for the subsequent year.
Future Outlook and Capacity
Management expects the new facility to be operational by January, with an investment of close to ₹40 crore. The plant will focus on plastic injection molding and sheet metal fabrication, potentially enabling future entry into air conditioner manufacturing. The company is also engaging with state governments, including Chhattisgarh and Maharashtra, for tenders related to smart classroom requirements, estimated at approximately ₹400 crore.
Key Financials for FY26
| Metric | Value |
|---|---|
| Revenue from Operations | ₹118.57 crore |
| Profit After Tax | ₹12.20 crore |
| PAT Growth | 68% YoY |
| Funds Raised | ₹53.5 crore |
| Funds Deployed | ~50% |
Historical Stock Returns for Arham Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.65% | +3.74% | +1.53% | +0.56% | +53.60% | +126.98% |
What are the specific risks associated with the company's planned diversification into air conditioner manufacturing?
How will the company balance the projected decrease in marketing spend for the subsequent year with its goal to expand the distributor network to 250 by FY28?
What is the expected timeline for monetizing the ₹400 crore smart classroom tenders, and how will this impact the FY27 revenue target?




























