Arihant Foundations & Housing Limited , a prominent Chennai-based real estate developer, has released its operational update for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Strong Performance in Q2FY26

The company reported a substantial increase in total area sold, reaching 1,17,793 sq. ft in Q2FY26, marking a 44% year-over-year growth from 81,611 sq. ft in Q2FY25. This impressive expansion in area sold was accompanied by a 13% increase in total sale value, which rose to ₹112.90 crore from ₹100.20 crore in the previous year.

Financial Highlights

Here's a detailed breakdown of Arihant Foundations & Housing's performance:

The company also reported collections of ₹78.30 crore as of September 30, 2025, indicating strong cash flow generation.

Half-Yearly Performance

For the first half of FY26, Arihant Foundations & Housing demonstrated even more impressive results:

The company achieved a remarkable 86% increase in total area sold and a 50% growth in total sale value for H1FY26 compared to the same period in the previous fiscal year.

Company Profile

Arihant Foundations & Housing Limited, incorporated in 1992, has played a significant role in shaping Chennai's urban landscape over the past four decades. The company has developed over 20 million sq. ft of real estate, specializing in residential, commercial, and senior living projects. Known for its high-rise developments, Arihant Foundations & Housing has contributed significantly to Chennai's skyline.

Strategic Approach

The company's success is attributed to its collaborative approach, with over 90% of its projects executed through joint developments with landowners. This strategy has not only driven the company's growth but also established strong creditworthiness with major financial institutions and investors.

As Arihant Foundations & Housing continues to demonstrate robust growth in a competitive real estate market, investors and industry observers will be keenly watching its future performance and strategic initiatives in the coming quarters.

Arihant Foundations & Housing Limited , a prominent player in the real estate sector, has taken a significant step to bolster its financial position. The company's Board of Directors has given the green light for the issuance of Non-Convertible Debentures (NCDs) worth ₹100 crores through private placement.

Key Details of the NCD Issuance

Board Meeting Highlights

The decision was made during a board meeting held on September 16, 2025, which commenced at 12:30 PM and concluded at 1:50 PM. The company has stated that the NCDs will be redeemed at par in one or more tranches, as per the terms of the issue.

Additional Information from LODR Filing

According to the LODR (Listing Obligations and Disclosure Requirements) filing submitted to the BSE:

• The NCDs will be issued on a private placement basis.
• The securities will be unlisted and unrated.
• The issue price is set at par (₹10,00,000 per NCD).
• The coupon/interest offered and other specific terms will be detailed in the relevant PAS-4 document.
• The NCDs will be secured, with details of the security to be outlined in the PAS-4.

Implications and Next Steps

This move by Arihant Foundations & Housing Limited indicates a strategic approach to raising capital, potentially for funding ongoing projects or exploring new opportunities in the real estate market. The choice of NCDs as a funding instrument suggests the company is looking for a structured approach to debt financing without diluting equity.

Investors and stakeholders will be keenly watching how the company utilizes these funds and the impact on its financial performance in the coming quarters. As the NCDs are unlisted, they may appeal to institutional investors looking for fixed-income opportunities in the real estate sector.

The successful execution of this NCD issuance could provide Arihant Foundations & Housing with the financial flexibility needed to navigate the dynamic real estate market and potentially fuel its growth strategies.