Arham Technologies
- Market cap
- ₹ 419 Cr.
- P/E
- 33.9x
- P/B
- 4.22x
- 52-week range
- 100.7 – 223.75
- ROE
- 19%
- ROCE
- 20%
- Dividend yield
- 0%
- Debt / equity
- 0.26
- Sector
- Consumer Durables
- Industry
- Consumer Electronics
- Listed on
- NSE SME
About
Arham Technologies Limited is an India-based company engaged in manufacturing of light-emitting diode (LED) smart televisions, with various screen sizes under its brand STARSHINE. The Company also manufactures Google TVs, fans, air coolers, washing machine and mixer grinders through third party manufacturers under its brand STARSHINE. The Company also serves under original equipment manufacturer (OEM) business models for LED. The Company provides sales and after sales service of televisions, computer monitors, electrical fans, washing machines, mixer grinders, air coolers, and other electronic & electrical home appliances. It has a network of dealers and distributors across Chhattisgarh, Madhya Pradesh, Odisha, Vidarbha, Andhra Pradesh and parts of Uttar Pradesh. The Company offers its products on e-commerce platforms, such as Amazon, and Flipkart.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Consumer Electronics: 24 companies →Arham Technologies 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)33.9 against a typical 24.8: pricier than most peers (1st = cheapest).14th of 23
- Sales growth+160.7% against a typical +33.3% from a year earlier.3rd of 21
- Profit growth+100% against a typical +63.5% from a year earlier.6th of 16
- Share price, 3 months+18.1% against a typical −16.1%.4th of 22
- Size₹ 418.8 Cr. market value against a typical ₹ 308 Cr. (1st = largest).9th of 22
Latest announcements
Exchange filings and their impact on the company.
- Arham kicks off festive-season STARSHINE campaign with Vicky Kaushal to lift brand recall and dealer sell-through.
Arham Technologies has commenced its STARSHINE brand marketing campaign featuring brand ambassador Vicky Kaushal, timed from the first day of Navratri. The actor shared the STARSHINE TV ad on his Instagram handle, extending reach to his digital audience. The company says the campaign aims to strengthen brand recall across India and support dealers and distributors, especially in Tier 2, Tier 3 and Tier 4 markets.
- Arham got in-principle NSE nod to migrate from SME Emerge to Main Board, a liquidity-positive step pending final approval.
Arham Technologies has received in-principle approval from NSE vide letter NSE/LIST/311 dated 14 October 2026 to migrate its equity shares from the SME Emerge platform to the NSE Main Board. The migration is subject to fulfilment of conditions in the approval letter and receipt of final approval from the Exchange. The move does not change operations but should improve liquidity, visibility and access to a wider investor base if completed.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 May 2026 | Financial Results | To consider and approve the financial results for the half year and year ended March 31, 2026 |
| 14 Nov 2025 | Board Meeting Intimation | ARHAM TECHNOLOGIES LIMITED has informed the Exchange about Board Meeting to be held on 14-Nov-2025 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2025 and Fund raising. |
| 26 Aug 2025 | Fund Raising | To consider Fund Raising |
| 21 May 2025 | Financial Results | Pursuant to Regulation 29 (1) (a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 21st May 2025 at 12:00 P.M. at the Registered Office of the Company at Plot No. 15 Electronic Manufacturing Cluster, Sector 22, Village Tuta, Atal Nagarnava Raipur Chhattisgarh 492015, India, inter-alia, to consider and approve the Standalone and Consolidated Audited Financial Results of the Company for the half-year and year ended 31st March, 2025. |
| 29 Jan 2025 | Fund Raising | To Consider potential transactions involving the Company, which may include issuance of equity shares/ any other securities of the Company, through Preferential Issue, Rights Issue or any other methods or a combination thereof, subject to such approvals as may be required under the applicable law |
| 14 Nov 2024 | Financial Results | To consider and approve the Unaudited standalone and consolidated financial results for the period ended September 30, 2024 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 28 | 32 | 37 | 46 | 73 |
| Expenses | 22 | 27 | 30 | 37 | 62 |
| Operating Profit | 5 | 5 | 8 | 8 | 11 |
| OPM % | 19% | 16% | 20% | 19% | 15% |
| Other Income | 0 | 0 | 0 | 1 | −1 |
| Interest | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 0 | 0 | 0 |
| Profit before tax | 4 | 4 | 6 | 7 | 9 |
| Tax % | 28% | 25% | 23% | 18% | 26% |
| Net Profit | 3 | 3 | 5 | 6 | 6 |
| EPS in Rs | 1.88 | 1.56 | 2.74 | 3.49 | 2.89 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 70%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 68%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 58%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 21%
- 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.
| Arham Technologies | ₹ 203.20 | ₹ 419 Cr. | 33.9x | 4.2x | 19% | — |
| Dixon Technologies (India) | ₹ 11,187.00 | ₹ 68,432 Cr. | 53.2x | 18.6x | 37.4% | 3.4% |
| Sharp India | ₹ 132.85 | ₹ 345 Cr. | — | — | — | — |
| Purple Wave Infocom | ₹ 390.20 | ₹ 361 Cr. | 8.1x | 1.9x | — | 9.2% |
| Ind Agiv Commerce Ltd | ₹ 39.00 | ₹ 12 Cr. | — | — | — | −14.8% |
| VCU Data Management | ₹ 5.99 | ₹ 9 Cr. | 381x | 0.4x | 0.2% | — |
Management
- Anekant Jain
- Chief Executive Officer, Executive Director
- Ankit Jain
- Chief Financial Officer, Executive Director
- Pooja Avinash Gandhewar
- Compliance Officer, Company Secretary
- Roshan Jain
- Managing Director, Director
Prices are delayed and for information only. Nothing on this page is investment advice.