Board Meeting Details

The Board of Directors meeting was held on Saturday, 14th November 2026, commencing at 06:30 PM and concluding at 08:15 PM. The meeting considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September 2026.

Financial Results - Standalone (₹ in Lakhs)

Quarter Ended 30-Sep-2026:

  • Revenue from operations: 6,564
  • Other income: 91
  • Total revenue: 6,655
  • Total expenses: 6,512
  • Profit before tax: 143
  • Current tax: (47)
  • Profit for the period: 96
  • Basic EPS: ₹0.89
  • Diluted EPS: ₹0.89

Half Year Ended 30-Sep-2026:

  • Revenue from operations: 11,139
  • Other income: 356
  • Total revenue: 11,495
  • Total expenses: 10,878
  • Profit before tax: 617
  • Current tax: (173)
  • Profit for the period: 443
  • Basic EPS: ₹4.12
  • Diluted EPS: ₹4.12

Financial Results - Consolidated (₹ in Lakhs)

Quarter Ended 30-Sep-2026:

  • Revenue from operations: 12,719
  • Other income: 830
  • Total revenue: 13,549
  • Total expenses: 10,539
  • Profit before tax: 3,010
  • Current tax: (719)
  • Profit for the period: 2,292
  • Basic EPS: ₹21.10
  • Diluted EPS: ₹21.10

Half Year Ended 30-Sep-2026:

  • Revenue from operations: 26,143
  • Other income: 1,022
  • Total revenue: 27,166
  • Total expenses: 20,979
  • Profit before tax: 6,186
  • Current tax: (1,437)
  • Profit for the period: 4,750
  • Basic EPS: ₹44.15
  • Diluted EPS: ₹44.15

Capital Structure Update

The Warrant Holders exercised their option to convert all 8,96,873 outstanding Convertible Warrants into equal number of fully paid-up Equity Shares of ₹10 each by tendering the balance 75% consideration of ₹360 per Warrant, aggregating to ₹32.29 Crore.

The Board allotted:

  • 2,45,000 Equity Shares on May 09, 2026 (by Circular Resolution)
  • 6,51,873 Equity Shares on May 15, 2026

Consequently, the paid-up Equity Share Capital increased from ₹9,96,56,240 (99,65,624 Equity Shares) as on March 31, 2026 to ₹10,86,24,970 (1,08,62,497 Equity Shares of ₹10 each).

Segment Information

The Company operates in a single reportable segment of real estate development in terms of Ind AS 108 "Operating Segments".

Auditor Review

Statutory Auditors M/s. B.P Jain & Co, Chartered Accountants issued Limited Review Reports with unmodified conclusion on both Standalone and Consolidated Financial Results.

The consolidated financial results include the following entities:

1. Arihant Foundations and Housing Limited (Parent Company)

2. Arihant Griha Limited (Wholly Owned Subsidiary)

3. Vaikunt Housing Limited (Wholly Owned Subsidiary)

4. Varenya Constructions Limited (Wholly Owned Subsidiary)

5. Transparent Heights Real Estate Limited (Wholly Owned Subsidiary)

6. Escapade Real Estates Private Limited (Step Down Subsidiary)

7. Verge Realty Private Limited (Wholly Owned Subsidiary)

8. Vihaana Realty Private Limited (Wholly Owned Subsidiary)

9. Vinyasa Realty Private Limited (Wholly Owned Subsidiary)

10. Arihant Spaces Private Limited (Wholly Owned Subsidiary)

11. Ivorylane Realty LLP (Entity with Significant control)

12. Veridion Realty LLP (Entity with Significant control)

13. Kairav Developers Ltd. (Joint Venture)

The auditors noted that interim financial results of five subsidiaries and one joint venture (reflecting total revenues of ₹8504.93 lakhs and total net profit before tax of ₹4029.66 lakhs for half year ended September 2026) were not reviewed by their auditors.

Additional Information

  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • CEO and CFO Certificate placed before Board of Directors as per Regulation 17(8)
  • Provision of Deferred Tax not considered on quarterly basis
  • Results available on company website www.arihantspaces.com