ARHAM

Arham Technologies Limited

Listed company · ISIN INE0L2Y01011 · NSE EQ · FV ₹10
Last price
₹209
+2.25%today
What this company does

Arham Technologies Limited is a listed company. It booked ₹73 cr of revenue in its latest half year (H2 FY26) and kept 8.7% of sales as profit.

50out of 100
Equitytale Health Score
Mixed

Healthier than 50% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns64

How much profit it earns on the money it employs

Balance sheet55

How much it owes, and whether earnings cover the interest

Cash quality7

Whether reported profit actually arrives as cash

Valuation27

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Looks broadly healthy
Strengths
✓ Makes a profit
✓ Promoters hold 56%
✓ No promoter shares pledged
✓ Strong 17% return on equity
Watch-outs
None flagged from our data

What if I invest in ARHAM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹209▲ +2.25%
latest close · 2026-11-04
52-wk low ₹14274 sessions so far52-wk high ₹224
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio29.1Average
LowAverageHigh
P/B ratio6.25High
Below bookModerateHigh
EV / EBITDA25.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.3%Strong
WeakFairStrong ▸15%
Return on capital17.8%Strong
WeakFairStrong
Net margin8.7%Decent
ThinDecentStrong
EBITDA margin13.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.35Comfortable
LowModerateHigh ▸1
Interest cover10.1×Strong
RiskyOkayStrong ▸5×
Current ratio2.09Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹456 cr
Book value
₹33
EPS
₹3.59
latest half year
Net debt
₹26 cr
owes more than its cash
Enterprise value
₹482 cr
EBITDA
₹19 cr
annualised
EBIT
₹19 cr
annualised
Operating margin
13.0%
Return on assets
7.7%
Earnings yield
3.43%
P/S
3.13
Sales / share
₹66.9
Tax rate
26.2%
Face value
₹10
Shares
2.2 cr
Working capital
₹62 cr
Current assets
₹118 cr
Current liabilities
₹57 cr
Delivery %
50.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹43–₹43, midpoint ₹43

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹73 cr
Other Income₹-58.3 L
Total Income₹72 cr
Cost of Materials₹55 cr
Purchases of Stock-in-Trade₹85.9 L
Inventory Change (±)₹4 cr
Employee Benefit Expense₹93 L
Finance Costs₹93.8 L
Other Expenses₹2 cr
Total Expenses₹64 cr
Profit before Tax₹9 cr
Tax Expense₹2 cr
Net Profit₹6 cr
Net margin on total income8.7%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹59 cr81.7%
Employee benefit expense₹93 L1.3%
Finance costs₹93.8 L1.3%
Other expenses₹3 cr3.9%
Tax expense₹2 cr3.1%
Profit for the period₹6 cr8.7%
Total income ₹72 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue46 cr73 cr
Total income46 cr72 cr
Expenses39 cr64 cr
Profit before tax7 cr9 cr
Tax1 cr2 cr
Net profit (owners' share)6 cr6 cr
Net margin (owners' share, on revenue)12.9%8.7%
EPS (₹)3.483.59
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹163 cr
Shareholder equity
₹73 cr
parent shareholders
Total debt
₹26 cr
Cash
₹25.7 L
Who owns it · 2026-09-30
No pledge
Promoter
56.2%
FII / Foreign
0.6%
DII / Domestic
0.2%
Retail / others
43.1%
Promoter stake down 9.9% over the last 5 quarters.
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 56.2% between them · as of 2026-09-30
ROSHAN JAIN17.99%
ANKIT JAIN16.12%
ANEKANT JAIN10.40%
RUKMANI JAIN7.12%
ROSHAN JAIN AND SONS4.40%
KANIKA JAIN0.12%
PRANAV AGRAWAL0.01%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹54 cr raised in Feb 2026 by selling shares to selected investors

As of Mar 2026, the company says it has spent 48% of what it set aside, leaving ₹28 cr still to be spent.

Working capital requirements of the Company
18%
₹4 cr of ₹23 cr
Repayment/prepayment, in full or part, of certain borrowings availed of by our Company
100%
₹13 cr of ₹13 cr
Investment in the subsidiary of the Company for part of proposed capital expenditure in the subsidiary a. Building & Civil Construction b. Electrical & Mechanical Works
0%
₹0 cr of ₹9 cr
General Corporate Purpose
100%
₹8 cr of ₹8 cr
₹15 cr raised in Nov 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 25% of what it set aside, leaving ₹11 cr still to be spent.

For the advertisement of Company’s products
25%
₹81.3 L of ₹3 cr
General Corporate Purpose and Investment in Subsidiary Companies
25%
₹3 cr of ₹12 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.