Arihant Foundations FY26 profit rises 20.7% to ₹5,897 lakh

Arihant Foundations & Housing reported a consolidated net profit of ₹5,897 lakh for the year ended March 31, 2026, representing a 20.7% increase from ₹4,270 lakh in the previous year. Revenue from operations surged 103.6% to ₹42,032 lakh from ₹20,644 lakh in FY25, primarily driven by the company's real estate development segment and highest ever pre-sales of ₹513.70 crore. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026.

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹429 lakh, compared to ₹1,147 lakh in the same period last year. Total revenue for the quarter stood at ₹15,753 lakh, a significant rise from ₹7,444 lakh in Q4FY25. Total expenses for the year increased to ₹34,917 lakh from ₹16,354 lakh in the prior year, largely due to higher construction and project expenses which rose to ₹36,824 lakh.

Particulars	Year Ended 31-Mar-26 (₹ in Lakhs)	Year Ended 31-Mar-25 (₹ in Lakhs)
Revenue from operations (Net)	42,032	20,644
Total revenue	43,170	22,144
Total expenses	34,917	16,354
Profit for the period	5,897	4,270
Earnings per share (Basic)	59.17	46.87

Standalone Results and Capital Structure

On a standalone basis, net profit for FY26 rose to ₹3,072 lakh from ₹2,546 lakh in FY25. Revenue from operations increased to ₹30,671 lakh from ₹12,226 lakh. The company's total assets stood at ₹72,523 lakh as of March 31, 2026, while total equity and liabilities were recorded at ₹1,01,781 lakh on a consolidated basis.

Subsequent to the balance sheet date, warrant holders exercised options to convert 8,96,873 outstanding convertible warrants into equity shares. The Board allotted 2,45,000 shares on May 09, 2026, and 6,51,873 shares on May 15, 2026, increasing the paid-up equity share capital to ₹10,86,24,970. These events are treated as non-adjusting subsequent events under Ind AS 10.

Operational Highlights

Management attributed the strong performance to accelerated completions and improved collections. As of March 31, 2026, the ongoing portfolio spans 8.11 million sq. ft. across residential, luxury, senior housing, and commercial segments, with a total Gross Development Value (GDV) of ₹11,251 crore. The company enters FY27 with a resilient financial foundation and its strongest project pipeline to date.

Auditor and Regulatory Compliance

M/s. B.P Jain & Co, Statutory Auditors, issued an unmodified opinion on the audited standalone and consolidated financial results. The results were reviewed and recommended by the Audit Committee and approved by the Board. The financial statements were prepared in compliance with Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.20%	-4.33%	-9.70%	-9.38%	-9.38%	-9.38%

Arihant Foundations & Housing Limited has allotted 2,45,000 fully paid-up equity shares of face value Rs. 10/- each at an issue price of Rs. 480/- per share, inclusive of a premium of Rs. 470/- per share. The allotment was made pursuant to the exercise of conversion rights by warrant holders, following the receipt of the balance 75% of the issue price amounting to Rs. 360/- per warrant. The Board of Directors approved this allotment through a Circular Resolution on May 09, 2026, in continuation of the earlier disclosure dated November 16, 2024, relating to the allotment of convertible warrants on a preferential basis.

Allotment Details

The 2,45,000 equity shares were allotted to two investors — one from the promoter category and one from the non-promoter category. The following table provides a breakdown of the allotment:

Particulars:	Details
Type of Securities	Equity Shares
Type of Issuance	Preferential Allotment pursuant to conversion of Warrants
Total Shares Allotted	2,45,000 Equity Shares of face value Rs. 10/- each
Issue Price	Rs. 480/- per share (including premium of Rs. 470/- per share)
Nature of Consideration	Cash (balance 75% warrant subscription amount received)
Number of Investors	2

Investor-Wise Breakdown

The allotment was distributed between a promoter and a non-promoter investor as detailed below:

Allottee:	Category	Shares Allotted
Mr. Kamal Lunawath	Promoter	1,70,000
Mr. Pranay Marlecha	Non-Promoter	75,000
Total		2,45,000

Impact on Paid-Up Share Capital

Consequent to this allotment, the paid-up equity share capital of the company has increased as outlined below:

Parameter:	Before Allotment	After Allotment
Paid-Up Capital	Rs. 9,96,56,240	Rs. 10,21,06,240
Number of Equity Shares	99,65,624	1,02,10,624
Face Value per Share	Rs. 10/-	Rs. 10/-

Allotment Terms and Compliance

The equity shares have been allotted in dematerialised form and shall rank pari-passu in all respects with the existing equity shares of the company. The disclosure has been made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with the SEBI Master Circular dated January 30, 2026. The conversion was triggered upon receipt of the total consideration for the 2,45,000 convertible warrants, completing the exercise of conversion rights by the warrant holders.