Arihant Foundations & Housing Limited

Real estate development and construction of residential and commercial buildings, apartments, malls, and IT parks.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated: September 09, 2024

Arihant Foundations & Housing Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.60 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 336.38 Cr
  • Satisfied Charges ₹ 964.00 Cr
  • Revenue Growth -0.64%
  • Profit Growth 9.46%
  • Ebitda 136.10%
  • Net Worth 0.70%
  • Total Assets 11.37%

About Arihant Foundations & Housing

Arihant Foundations & Housing Limited (AFHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 March 1992 and has a history of 32 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531381 and on the National Stock Exchange(NSE) under ARIHANT.

The Corporate was formerly known as Arihanth Foundations And Investments (Madras) Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.60 Cr.

The company currently has active open charges totaling ₹336.38 Cr. The company has closed loans amounting to ₹964.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Arihant Foundations & Housing Limited India are Vimal Lunawath as Cfo, Arun Rajan as Ceo, and Mary Jyotsna as Company Secretary. Bharatkumar Jain, Kamal Lunawath, Vimal Lunawath, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L70101TN1992PLC022299

  • Company No.

    022299

  • Stock Symbol

    BSE : 531381 NSE : ARIHANT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 1992

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

What products or services does Arihant Foundations & Housing Limited offer?

Arihant Foundations & Housing Limited offers a wide range of products and services, including Residential Construction Projects, Apartment Construction, Villa Construction Service.

Who are the key members and board of directors at Arihant Foundations & Housing?

Executive Team (4)

NameDesignationAppointment DateStatus
Kamal Lunawath Country flag representing In Managing Director04-Nov-2005Current
Vimal Lunawath Country flag representing In CFO23-Sep-2014Current
Arun Rajan CEO27-Jun-2024Current
Mary Jyotsna Company Secretary20-Sep-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Bharatkumar Jain Country flag representing In Whole-Time Director 30-Dec-2005Current
Vimal Lunawath Country flag representing In Whole-Time Director and Cfo Current
Prateek Khicha Country flag representing In Director 30-Sep-2020Current
Karan Bhasin Country flag representing In Director 01-Feb-2012Current
Ann Gonsalvez Country flag representing In Director 25-Mar-2015Current

Financial Performance of Arihant Foundations & Housing.

Arihant Foundations & Housing Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.64% decrease. The company also saw a slight improvement in profitability, with a 9.46% increase in profit. The company's net worth moved up by a moderate rise of 0.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.64%
Revenue from Operations
-18.88%
Total Assets
11.37%
Profit or Loss
9.46%
Net Worth
0.70%
EBITDA
136.10%

What is the Ownership and Shareholding Structure of Arihant Foundations & Housing?

In 2022, Arihant Foundations & Housing had a promoter holding of 42.87% and a public holding of 57.13%. The company had 5 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹336.38 Cr

Satisfied Charges

₹964.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 291.38 Cr
  • Gda Trusteeship Limited : 30.00 Cr
  • Tata Capital Housing Finance Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2024Others₹41.00 CrOpen
12 Feb 2024Others₹21.01 CrOpen
15 Dec 2023Tata Capital Housing Finance Limited₹15.00 CrOpen
22 Aug 2023Others₹45.00 CrOpen
14 Jun 2023Others₹25.00 CrOpen

How Many Employees Work at Arihant Foundations & Housing?

Arihant Foundations & Housing has a workforce of 80 employees as of Sep 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Arihant Foundations & Housing, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Arihant Foundations & Housing's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Arihant Foundations & Housing

Recent activity within the organization

  • Director Appointment

    Arun Abraham Rajan was appointed as a Ceo was appointed as a Ceo on 27 Jun 2024 & has been associated with this company since 7 months 27 days .

    27 Jun 2024

  • Charges

    A charge with Tata Capital Housing Finance Limited of Rs. 15.00 Cr registered on 15 Dec 2023 with Charge ID 100854120 was modified on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge with Others of Rs. 45.00 Cr registered on 22 Aug 2023 with Charge ID 100789548 was modified on 21 May 2024.

    21 May 2024

  • Charges

    A charge with Others amounted to Rs. 41.00 Cr with Charge ID 100923812 was registered on 30 Apr 2024.

    30 Apr 2024

  • Charges

    A charge registered on 17 May 2022 via Charge ID 100589286 with Tata Capital Housing Finance Limited was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Charges

    A charge registered on 04 Jan 2022 via Charge ID 100519644 with Others was fully satisfied on 27 Mar 2024.

    27 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Arihant Foundations & Housing Limited was incorporated on 06 Mar 1992.

  • The authorized share capital of Arihant Foundations & Housing Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.60 Cr.

  • Currently 9 directors are associated with Arihant Foundations & Housing Limited.

    • Bharatkumar Mangilal Jain
    • Kamal Lunawath
    • Vimal Lunawath
    • Prateek Khicha
    • Karan Bhasin
    • Ann Gonsalvez
    • Vimal Lunawath
    • Arun Abraham Rajan
    • Mary Belinda Jyotsna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Arihant Foundations & Housing Limited is No. 3 (Old No. 25) Ganapathy Colony 3Rd Lane, Off. Cenotaph Road Teynampet, Chennai, Tamil Nadu, India, 600018.

  • The corporate identification number (CIN) of Arihant Foundations & Housing Limited is L70101TN1992PLC022299 and the company number is 022299 as per Ministry of Corporate Affairs (MCA).

  • Yes, Arihant Foundations & Housing Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): ARIHANT.

  • The Official website of Arihant Foundations & Housing Limited is https://www.arihantfoundations.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Arihant Foundations & Housing Limited has fallen by -0.64%.

  • As Per 2023 financial reports, 80 employees are currently employed by Arihant Foundations & Housing Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Arihant Foundations & Housing Limited has experienced an upsurge of 0.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Arihant Foundations & Housing Limited amount to ₹ 336.38 Cr.

  • The most recent Balance Sheet for Arihant Foundations & Housing Limited was filed with the ROC on 31 Mar 2023.

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