Arfin India
- Market cap
- ₹ 1,417 Cr.
- P/E
- 79.9x
- P/B
- 8.97x
- 52-week range
- 52.75 – 113.83
- ROE
- 8%
- ROCE
- 14%
- Dividend yield
- 0.3%
- Debt / equity
- 0.76
- Sector
- Non - Ferrous Metals
- Industry
- Aluminium
- Listed on
- NSE, BSE
About
Arfin India Limited is an India-based company engaged primarily in the business of manufacturing, trading, and selling various non-ferrous metal products. The Company's main product line includes aluminum wire rods, aluminum deox, cored wires, aluminum alloy ingots, ferro alloys, inoculant, and conductor and cables. Its aluminum deox product includes aluminum notch bars, aluminum cubes, and aluminum shots. Its aluminum drawn wire product includes bare wire and annealed wire. Its aluminum wire rods product includes aluminum wire rod 9.5 millimeters (mm), aluminum wire rod 7.5 mm and an aluminum alloy wire rod. Its inoculant products include barium (Ba), calcium (Ca), cerium (Ce), and others. Its cored wire mill products include calcium silicon cored wire, cafe cored wire, ferro silicon cored wire, and others. It covers supply to the steel sector, automobile sector, and power sector. Its manufacturing facilities are located at Chhatral, Dhanot and Vadaswami in the state of Gujarat.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aluminium: 18 companies →Arfin India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)79.9 against a typical 20.8: pricier than most peers (1st = cheapest).16th of 17
- Sales growth+91.2% against a typical +27.3% from a year earlier.2nd of 13
- Profit growth+246.1% against a typical +82.7% from a year earlier.3rd of 11
- Share price, 3 months+0.3% against a typical −6.6%.5th of 16
- Size₹ 1,417.3 Cr. market value against a typical ₹ 214.7 Cr. (1st = largest).3rd of 15
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB | Stable | 29 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Jul 2026 | Reaffirmed | Crisil BBB | — | CRISIL | ₹ 129.21 Cr. | |
| 26 Jun 2026 | Reaffirmed | Crisil BBB | — | CRISIL | ₹ 129.21 Cr. | |
| 12 Nov 2025 | Reaffirmed | Crisil BBB | — | CRISIL | ₹ 129.21 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 18 Sep 2026 | Dividend | To consider, approve the declaration of Interim dividend for the current financial year ending on march 31, 2027 |
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 11 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 31 Jan 2026 | Financial Results | To consider and approve and take on record the Unaudited Financial Results of the company for the quarter and nine months ended December 31, 2025 both on standalone and consolidated basis; and To consider any other matter with the permission of the chair and Independent Director. |
| 11 Nov 2025 | Financial Results/Dividend | 1. To consider, approve and take on record the Unaudited Financial Results of the company for the quarter and half year ended September 30, 2025 both on standalone and consolidated basis;2. To consider, approve the declaration of Interim Dividend for the financial year 2025-26. |
| 4 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 134 | 115 | 137 | 133 | 149 | 180 | 153 | 109 | 128 | 196 | 192 | 208 |
| Expenses | 127 | 108 | 129 | 124 | 139 | 169 | 147 | 102 | 119 | 183 | 177 | 199 |
| Operating Profit | 7 | 7 | 8 | 9 | 10 | 11 | 7 | 7 | 9 | 14 | 14 | 9 |
| OPM % | 5.3% | 6.3% | 6.1% | 6.8% | 6.5% | 6.1% | 4.3% | 6% | 6.9% | 6.9% | 7.5% | 4.5% |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 4 | 5 | 5 | 4 | 5 | 6 | 5 | 5 | 5 | 5 | 4 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 2 | 2 | 4 | 4 | 5 | 2 | 1 | 3 | 7 | 9 | 4 |
| Tax % | 34.1% | 7% | −7.4% | 25.9% | 27.3% | 32.7% | 76.3% | 26.3% | 34.5% | 34.9% | 38.8% | 9.7% |
| Net Profit | 2 | 2 | 2 | 3 | 3 | 3 | 1 | 1 | 2 | 5 | 6 | 4 |
| EPS in Rs | 0.11 | 0.13 | 0.14 | 0.18 | 0.15 | 0.18 | 0.03 | 0.06 | 0.12 | 0.29 | 0.34 | 0.21 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 16%
- 3 Years
- 5%
- TTM
- 22%
- 10 Years
- 7%
- 5 Years
- 35%
- 3 Years
- 10%
- TTM
- 125%
- 10 Years
- 27%
- 5 Years
- 68%
- 3 Years
- 27%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 9%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Arfin India | ₹ 87.39 | ₹ 1,417 Cr. | 79.9x | 9x | 8% | — |
| Hindustan Zinc | ₹ 497.00 | ₹ 2,09,998 Cr. | 15.9x | 9.7x | 76.9% | 33.9% |
| Hindalco Industries | ₹ 860.50 | ₹ 1,93,374 Cr. | 11.6x | 1.6x | 10.3% | 4.9% |
| Vedanta | ₹ 226.00 | ₹ 88,375 Cr. | 21.3x | 2x | 22.4% | 14.9% |
| NMDC | ₹ 66.30 | ₹ 58,290 Cr. | 9.8x | 2.2x | 23.4% | 23.1% |
| Hindustan Copper | ₹ 399.40 | ₹ 38,623 Cr. | 47.5x | 14.1x | 30.6% | 29.9% |
Management
- Mahendrakumar Rikhavchand Shah
- Whole Time Chairman of the Board
- Shubham P. Jain
- Chief Financial Officer
- Natanya Kasaudhan
- Compliance Officer, Company Secretary
- Jatin M. Shah
- Managing Director, Executive Director
- Pushpa M. Shah
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.