Arihant Superstructures Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board, meeting on May 15, 2026, approved the results, which were reviewed by the Audit Committee. The statutory auditors issued an unmodified opinion on the financial statements. The company reported consolidated revenue growth, a 5x year-on-year increase in deliveries, and an expansion in Gross Development Value (GDV) to ₹14,000 crore from ₹12,500 crore in the previous year. Subsequently, the company disclosed the audio recordings of the earnings call conducted on May 18, 2026.
Q4 FY26 Consolidated Financial Performance
The company reported growth in consolidated revenue and profitability for the fourth quarter. Total income from operations rose to ₹18,199.84 lakh for the quarter ended March 31, 2026, compared to ₹15,505.44 lakh in the same period last year and ₹12,735.40 lakh in the preceding quarter ended December 31, 2025. Net profit from ordinary activities after tax increased to ₹1,191.47 lakh from ₹1,126.65 lakh year-on-year. The following table presents the consolidated quarterly and full-year financial highlights:
| Metric: |
Q4 FY26 (Audited) |
Q3 FY26 (Unaudited) |
Q4 FY25 (Audited) |
FY26 (Audited) |
FY25 (Audited) |
| Total Income from Operations (₹ lakh): |
18,199.84 |
12,735.40 |
15,505.44 |
55,601.26 |
50,387.11 |
| Net Profit after Tax (₹ lakh): |
1,191.47 |
826.70 |
1,126.65 |
4,604.34 |
5,467.62 |
| Net Profit after Tax (after Non-Controlling Interest) (₹ lakh): |
725.49 |
501.42 |
778.61 |
2,793.25 |
4,123.96 |
| Equity Share Capital (₹ lakh): |
4,325.00 |
4,325.00 |
4,116.00 |
4,325.00 |
4,116.00 |
| Basic EPS (₹ 10/- each): |
2.75 |
1.91 |
2.74 |
10.65 |
13.28 |
| Diluted EPS (₹ 10/- each): |
2.75 |
1.91 |
2.60 |
10.65 |
12.64 |
Quarterly and Full-Year Financial Highlights
The investor presentation provided additional detail on the company's consolidated performance. For Q4 FY26, operating revenues stood at INR 1,808 Mn, with EBITDA of INR 302 Mn and an EBITDA margin of 16.70%. Profit after tax for the quarter was INR 119 Mn, reflecting a PAT margin of 6.58%. On a full-year basis, operating revenues grew 10.5% year-on-year to INR 5,510 Mn in FY26 from INR 4,988 Mn in FY25, while EBITDA improved 21.0% to INR 1,266 Mn, with EBITDA margins expanding by 201 basis points to 22.98%.
| Particulars (INR Mn): |
Q4 FY26 |
Q3 FY26 |
Q-o-Q |
Q4 FY25 |
Y-o-Y |
| Operating Revenues: |
1,808 |
1,263 |
43.2% |
1,526 |
18.5% |
| EBITDA: |
302 |
291 |
3.8% |
220 |
37.3% |
| EBITDA Margins (%): |
16.70% |
23.04% |
(634) Bps |
14.42% |
228 Bps |
| Profit Before Tax: |
154 |
111 |
38.7% |
101 |
52.5% |
| Profit After Tax: |
119 |
83 |
43.4% |
113 |
5.3% |
| PAT Margins (%): |
6.58% |
6.57% |
1 Bps |
7.40% |
(82) Bps |
| Basic EPS (INR): |
2.75 |
1.91 |
44.0% |
2.74 |
0.4% |
| Particulars (INR Mn): |
FY26 |
FY25 |
Y-o-Y |
| Operating Revenues: |
5,510 |
4,988 |
10.5% |
| EBITDA: |
1,266 |
1,046 |
21.0% |
| EBITDA Margins (%): |
22.98% |
20.97% |
201 Bps |
| Profit Before Tax: |
611 |
662 |
(7.7)% |
| Profit After Tax: |
460 |
547 |
(15.9)% |
| PAT Margins (%): |
8.35% |
10.97% |
(262) Bps |
| Basic EPS (INR): |
10.65 |
12.64 |
(15.7)% |
Operational Highlights and Pre-Sales
The investor presentation detailed key operational developments for Q4 FY26. Pre-sales for the quarter stood at INR 3,132 Mn, with 395 units sold covering 398,565 sq. ft. of area. Collections for the quarter stood at INR 1,693 Mn, while unsold inventory stood at 71 units valued at INR 140 Mn. The company received an Occupancy Certificate (OC) for Arihant Aspire Phase 1, delivering 657 units equivalent to 7,37,480 sq. ft. of saleable area. Additionally, the 'Benita' Tower at Arihant Aspire was launched, comprising 3,81,815 sq. ft. of saleable area. The company reported a 5x year-on-year growth in deliveries for FY26, attributed to the commencement of Phase 1 deliveries of previously launched mega projects.
| Q4 FY26 Operational Metric: |
Details |
| Pre-Sales: |
INR 3,132 Mn |
| Units Sold: |
395 units |
| Area Sold: |
398,565 sq. ft. |
| Collections: |
INR 1,693 Mn |
| Unsold Inventory: |
71 units valued at INR 140 Mn |
| OC Received (Aspire Ph-1): |
657 units, 7,37,480 sq. ft. |
| New Tower Launched (Benita): |
3,81,815 sq. ft. |
Dividend Declaration and Business Updates
The Board of Directors recommended a final dividend of ₹0.25, or 2.50%, per fully paid-up equity share of ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval. The Board also approved the re-appointment of M/s. Anjani Goyal & Co. as the Internal Auditor for Financial Year 2026-27. Additionally, the company decided to continue with Adroit Corporate Services Private Limited as the Registrar and Share Transfer Agent, withdrawing the earlier decision to appoint KFin Technologies Limited. The audio recordings of the earnings call conducted on May 18, 2026, are available via the link provided in the regulatory filing.