ARIHANTSUP
Arihant Superstructures Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
ARIHANTSUP
FY26 → FY28 · 2 years of guidance · ~1.7 years from today₹262 today
BEAR
₹311
+19%+11% a yr
39% a year · 15.1x exit
BASE
₹570
+118%+60% a yr
67.4% a year · 19.1x exit
BULL
₹1,021
+290%+127% a yr
91.6% a year · 26.1x exit
Where the market has priced it
13x25x today37x
- the range is unusually wide — read it as the span of management's own claim, not as a forecast
- this company's own median multiple sits 36% below its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹10.65 (screener) |
|---|---|
| Guided growth | 67.4% a year, said on the call of 22-May-2026 · transcript |
| Read across as | operating: guided margin x own realised revenue CAGR — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 15.11x / 19.08x / 26.1x, this company’s own p20 / median / p80 across 10 filed years |
| Filed-industry peers | median 30x across 21 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)2 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
ebitda margin 33%margin 33%generic growth 25%
Parth Chhajer: So, as a company, whenever we look at taking on a project, we expect a EBITDA margin of 33% across all the segments, and PAT margins to the tune of 24%.
Call 22-May-2026 · bridge confidence medium · transcript PDF