ARIS
Arisinfra Solutions financials
- Market cap
- ₹1.1k Cr
- Sector
- Construction Materials
- Calls analysed
- 6
Arisinfra Solutions Limited Q1 FY27
What went well
- Revenue from operations grew 37% YoY to INR 291 crores, reflecting strong demand.
- EBITDA increased 68% YoY to INR 31 crores, with EBITDA margins expanding by 191 basis points to 10.49%.
- PAT significantly improved to INR 20 crores compared to INR 5 crores in the corresponding quarter of the previous year.
What Arisinfra Solutions Limited does
Arisinfra Solutions runs an asset-light, aggregator-led digital platform that connects fragmented vendors and buyers of construction materials such as aggregates, ready-mix concrete, steel, cement, construction chemicals and asphalt. It earns through three streams: direct B2B supply to contractors and developers, contract manufacturing where it secures full output from partner plants under exclusive long-term agreements, and Developer-as-a-Service where it takes on real-estate development management, construction and sales execution for landowners/developers. Proprietary tools (ArisFlow, ArisCloud, ArisDelivery, Cara AI) digitize sourcing, quotation, credit assessment, delivery tracking and documentation across its vendor-customer network.
Segments
- B2B Supply
- Contract Manufacturing
- Developer-as-a-Service
- States & UTs covered
- 23
- Pincodes served
- 1,100+
- Customers catered
- 3,200+
- Sourcing vendor network
- 2,100+
- Contract manufacturing plants
- 10+
- Reserved manufacturing capacity
- 9 Mn+ MTPA
Guidance record · Q1 FY27
what the last two calls moved 14 tracked 7 delivered 0 missed 7 open- Net Working Capital Days delivered said Q4 FY25 Promised: Achieve 80-90 days in the next 2-3 years Q1 FY27: Further improved to 56 days. Management has now set a new guidance to maintain a steady state of 60-70 days.
- Contract Manufacturing Share of Revenue on track said Q4 FY25 Promised: 35-40% of materials revenue in next 2-3 years Q1 FY27: Reached 53% of revenue in Q1 FY27. Management reaffirms target of 55-60% in the 'coming months'.
All 14 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 2.1%, net profit up 256.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 123 | 117 | 154 | 126 | 161 +31% | 161 +38% | 207 +34% | 129 +2% |
| EBITDA | 3 | -2 | -0 | -0 | 11 +234% | 3 +250% | 3 +877% | 8 +2159% |
| Net profit | -6 | -6 | -6 | -5 | 12 +287% | 8 +248% | 15 +365% | 7 +256% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −24.2% 1Y
1Y: ₹165.56 on 10 Sept 2025 → ₹125.46. High ₹175.58 (21 Oct 2025), low ₹84.18 (6 Feb 2026).
How the price took the results
close before → close after
- Q1 FY27
- +1.4%
- 6 Aug
- Q4 FY26
- −2.0%
- 11 May
- Q3 FY26
- +6.7%
- 30 Jan
- Q2 FY26
- −2.1%
- 10 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.
Financials, as filed
Revenue grew 22.5% a year over 1 year, FY25 to FY26. Operating margin widened to 2.5%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹535 Cr | ₹656 Cr |
| Operating profit | ₹6 Cr | ₹17 Cr |
| Operating margin | 1.0% | 2.5% |
| Interest | ₹34 Cr | ₹20 Cr |
| Depreciation | ₹3 Cr | ₹3 Cr |
| Net profit | ₹-18 Cr | ₹30 Cr |
| Net margin | -3.3% | 4.6% |
| Cash from operations | ₹6 Cr | ₹49 Cr |
| Free cash flow | ₹-9 Cr | ₹29 Cr |
| ROCE | 4.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹16 Cr | ₹16 Cr |
| Reserves | ₹159 Cr | ₹134 Cr | ₹165 Cr | ₹683 Cr | ₹700 Cr |
| Borrowings | ₹147 Cr | ₹222 Cr | ₹271 Cr | ₹56 Cr | ₹72 Cr |
| Other liabilities | ₹23 Cr | ₹32 Cr | ₹44 Cr | ₹158 Cr | ₹108 Cr |
| Total liabilities | ₹331 Cr | ₹389 Cr | ₹480 Cr | ₹913 Cr | ₹897 Cr |
| Fixed assets | ₹1 Cr | ₹3 Cr | ₹2 Cr | ₹55 Cr | ₹17 Cr |
| Capital work in progress | ₹0 Cr | ₹9 Cr | ₹25 Cr | ₹0 Cr | ₹57 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹7 Cr | ₹0 Cr | ₹7 Cr |
| Other assets | ₹328 Cr | ₹375 Cr | ₹447 Cr | ₹859 Cr | ₹816 Cr |
| Total assets | ₹331 Cr | ₹389 Cr | ₹480 Cr | ₹913 Cr | ₹897 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +13.41 pp while FIIs trimmed −7.85 pp. The shareholder count shrank 24% to 32,633.
- Promoters
- 37.6%
- FIIs
- 1.9%
- DIIs
- 1.1%
- Public
- 59.4%
Since Jun 2025
- Public +13.41 pp
- FIIs −7.85 pp
- DIIs −5.18 pp
How it drifted, 5 quarters
Over this window the public went from 46.0% to 59.4% — +13.4 pp.
Ownership split by quarter, oldest first. Jun '25: Promoters 37.9%, FIIs 9.8%, DIIs 6.3%, Public 46.0%.Sep '25: Promoters 37.9%, FIIs 2.6%, DIIs 3.8%, Public 55.7%.Dec '25: Promoters 37.7%, FIIs 1.3%, DIIs 3.7%, Public 57.2%.Mar '26: Promoters 37.6%, FIIs 2.1%, DIIs 5.8%, Public 54.6%.Jun '26: Promoters 37.6%, FIIs 1.9%, DIIs 1.1%, Public 59.4%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Motilal Oswal Financial Services Limited - Proprietary Account newly disclosed 5.06% held
- Mukul Mahavir Agrawal newly disclosed 1.59% held
- Nidhi Vishwanshu Agarwal newly disclosed 1.12% held
- Astorne Capital Vcc - Arven FPI fund +0.23 pp 1.44% held
The same filing shows 4 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Arisinfra Solutions Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Aspire Family Trust (Jasmine Bhaskar Shah) | 8.72% | unchanged |
| Ronak Kishor Morbia | 8.00% | unchanged |
| Bhavik Jayesh Khara | 5.50% | unchanged |
| Priyanka Shah Family Trust (Jasmine Bhaskar Shah) | 5.31% | unchanged |
| Motilal Oswal Financial Services Limited - Proprietary Account | 5.06% | newly disclosed |
| Prashant Singh | 3.48% | −1.14 pp |
| Serenity Nest Trust (Rashi Morbia Kumar) | 2.20% | unchanged |
| Think Investments Pcc FPI fund | 2.11% | −0.55 pp |
| Pradip Jethalal Morbia | 1.69% | unchanged |
| Rishabh Bharatbhai Bagadia | 1.62% | unchanged |
| Mukul Mahavir Agrawal | 1.59% | newly disclosed |
| Astorne Capital Vcc - Arven FPI fund | 1.44% | +0.23 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- 65.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
All earnings calls (6)
Read the Q1 FY27 call →Learn to analyse Arisinfra Solutions Limited
Guides on how to read this kind of business and the numbers that matter.