Arihant Superstructures Limited (NSE:ARIHANTSUP) convened a board meeting on 7 August 2026 at its Navi Mumbai registered office, approving unaudited standalone and consolidated financial results for the quarter ended 30 June 2026, fixing its 43rd AGM for 24 September 2026, and setting 11 September 2026 as the dividend record date.
Key Highlights
- The board approved unaudited standalone and consolidated financial results for Q1 FY27, reviewed by auditors K J K and Associates under an unmodified conclusion.
- Standalone revenue from operations for Q1 FY27 stood at Rs 2,223.77 lakhs, compared with Rs 746.00 lakhs in Q1 FY26 and Rs 4,313.24 lakhs in Q4 FY26.
- Standalone profit after tax for Q1 FY27 was Rs 31.59 lakhs, against Rs 7.07 lakhs in Q1 FY26 and Rs 71.70 lakhs in Q4 FY26.
- The 43rd AGM has been fixed for 24 September 2026 at Ebony Ballroom, The Regenza Tunga, Vashi, Navi Mumbai, with 11 September 2026 set as the dividend record date.
About the Company
Arihant Superstructures Limited (NSE:ARIHANTSUP) is a Navi Mumbai-headquartered real estate developer incorporated in 1983, engaged solely in residential real estate development across the Mumbai Metropolitan Region and select locations in Rajasthan. The company is listed on both NSE and BSE and operates in a single reportable segment: real estate development, with operations confined to India.
Announcement in Detail
At the board meeting held on 7 August 2026, commencing at 12:00 noon and concluding at 3:00 PM, the board approved the Directors Report along with annexures under Section 134 of the Companies Act, 2013. The unaudited standalone accounts for Q1 FY27 were reviewed by K J K and Associates, Chartered Accountants (Firm Reg. No. 11215), who issued an unmodified conclusion under Standard on Review Engagements 2410.
Standalone total income for Q1 FY27 was Rs 2,265.63 lakhs, with total expenses of Rs 2,234.04 lakhs, yielding a profit before tax of Rs 31.59 lakhs. Basic and diluted earnings per share for the quarter stood at Rs 0.07 each (not annualised). The full-year FY26 audited standalone profit after tax was Rs 154.49 lakhs on total income of Rs 9,222.72 lakhs.
Impact on Investors
Investors will note that the dividend record date has been fixed as 11 September 2026; shareholders on record as of that date will be eligible for the dividend, the quantum of which has not been specified in this announcement. The filing shows Q1 FY27 standalone revenue from operations at Rs 2,223.77 lakhs reflects a significant year-on-year increase from Rs 746.00 lakhs in Q1 FY26, though it is lower sequentially compared to Q4 FY26.
The disclosed terms indicate that 20,90,000 equity shares were allotted on 14 June 2025 upon conversion of share warrants at Rs 180.071 per warrant, which shareholders will observe has increased the total equity share count and affects per-share metrics on a like-for-like basis with prior comparable periods.
Sector / Market Context
India's residential real estate sector, particularly in the Mumbai Metropolitan Region, has seen sustained demand momentum. According to data from the Ministry of Housing and Urban Affairs, urban housing demand remains a policy focus under the Pradhan Mantri Awas Yojana framework, and the MMR continues to be one of the highest-volume markets for new residential launches and registrations in India.