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Arham Technologies share price & results

Arham Technologies Ltd· Consumer Durables· Consumer Discretionary

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Raipur-based electronics OEM manufacturing Smart LED TVs, fans and home appliances under the Starshine and Aratton brands, with an emerging interactive flat-panel-display (IFPD) business.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue73.0 ₹ crore+97.3% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin15.0 %−5.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit6.0 ₹ crore+20.0% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable−7.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-57.03 %−60.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable+42.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

1 of 1 judged target kept · 11 open · verdicts reflect calls analysed to Q4 FY26.

Arham Technologies Ltd management guidance track record on Inve: 12 targets tracked across analysed earnings calls (1 achieved, 0 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 Sales₹115-120 crores
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q4 FY26:Company reported FY26 revenue from operations of ₹118.5 crores, which is within the guided range.
Call transcript, Q4 FY26 · 27 May 2026		Achieved
Number of Distributors250 by end of FY27
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q4 FY26:Management reiterated the target of 250 distributors but pushed the timeline from 'end of FY27' to 'by FY28'. Current distributor count is ~80.
Call transcript, Q4 FY26 · 27 May 2026		Delayed
FY28 Sales₹300 crores
Call transcript, Q2 FY26 · 17 Nov 2025		Q2 FY26Q4 FY26:Company has guided for ₹200 crores revenue in FY27, showing a clear path towards the FY28 target.
Call transcript, Q4 FY26 · 27 May 2026		On Track

Source: Inve Guidance Tracker for Arham Technologies Ltd · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

11 of Arham Technologies Ltd's 12 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 9 more targets are in the full ledger.

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Price

₹192.5 +1.58% · +₹3

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +69.5% 1Y

₹100₹150₹200Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q4 FY26 — 27 May 2026

1Y: ₹113.6 on 24 Oct 2025 → ₹192.5. High ₹220.1 (30 Sept 2026), low ₹104.05 (4 Nov 2025).

Previous close
₹189.5
Market cap
₹414 Cr
52-week range
₹104.05 – ₹220.1
One year
+76.28%
Price to earnings (FY ending Mar 2026)
34.50×
Return on equity (FY ending Mar 2026)
18.46%

Overview

Symbol
NSE:ARHAM
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Arham Technologies Ltd does

Based on the company's own presentations, annual report and earnings calls.

Arham Technologies is an electronics manufacturer and OEM based in the Electronic Manufacturing Cluster, Raipur, Chhattisgarh, making Smart LED televisions (32"-98") under its premium Starshine and mass-market Aratton brands, ceiling/BLDC/pedestal/table/exhaust fans, and home appliances such as air coolers, washing machines and mixer grinders. It has backward-integrated key stages in-house, from design and tooling to fabrication, assembly and testing, and reaches customers through a dealer and distributor network for both B2B and B2C segments. The company is also entering the interactive flat panel display (IFPD) market for smart classrooms and enterprise use, having secured Google EDLA certification with Android 14 for its IFPDs.

Segments

  • Smart Televisions
  • Fans
  • Home Appliances
  • Interactive Flat Panel Displays (IFPD)
Total blended manufacturing capacity
8.5 lakh units/year
Smart TV production capacity
3,00,000 units/year
Fan production capacity
5,00,000 units/year
Home appliances production capacity
50,000+ units/year
Current capacity utilization
~50%
Dealer network
500+ dealers across 7-8 states
Founded 2013Headquarters Raipur, Chhattisgarh Company website

How the price took the results

close before → close after

Q4 FY26
−1.0%
27 May
Q2 FY26
+0.1%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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