Arihant Academy

SMENSE: ARIHANTACA
Compare with peers
₹ 211.00▼ 4 (−1.86%)27 Oct, 10:08 am IST
Market cap
₹ 279 Cr.
P/E
26.6x
P/B
9.29x
52-week range
185 – 277.5
ROE
31%
ROCE
42.7%
Dividend yield
0.4%
Debt / equity
0
Sector
Other Consumer Services
Industry
Education
Listed on
NSE SME

About

Arihant Academy Limited is an India-based coaching institute. The Company is an education support and coaching services provider for students in secondary and higher secondary school and for students pursuing a graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations. It provides courses for Secondary School Certificate (SSC), Indian Certificate for Secondary Education (ICSE), Central Board of Secondary Education (CBSE), science and commerce education. For SSC, ICSE, and CBSE, the course starts from eighth grade to tenth. Arihant Academy Commerce offers a range of courses for Commerce students, starting from junior college (FYJC and SYJC) to degree courses (B. Com, BAF and BMS) to professional courses (CA and CS). It provides various other courses, including Joint Entrance Examination - Main (JEE-Main), JEE Advanced, and courses for Maharashtra Health and Technical Common Entrance Test (MHT-CET).

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Education: 28 companies →

Arihant Academy 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)26.6 against a typical 30: cheaper than most peers (1st = cheapest).12th of 28
  • Sales growth−51.5% against a typical −0.1% from a year earlier.23rd of 25
  • Profit growth−45.6% against a typical +0.2% from a year earlier.12th of 15
  • Share price, 3 months−6.2% against a typical −13.1%.7th of 24
  • Size₹ 278.5 Cr. market value against a typical ₹ 94.4 Cr. (1st = largest).7th of 25

Latest announcements

Exchange filings and their impact on the company.

  • 24 Oct 2026UpdatesLow impactPositivePrice −6.5% on 26 Oct
    Arihant opens 3rd Ahmedabad centre, adding ~2-3% capacity for JEE/NEET coaching.

    Arihant Academy has opened a new study centre at Sanskrit Galleria, Memnagar, Ahmedabad, its 3rd branch in the city. The centre will offer Science-stream coaching for IIT-JEE, NEET and state entrance exams. With 40+ branches and 15,000+ students already, this is a small incremental expansion to strengthen its presence in Gujarat and support long-term growth.

    Filing
  • 24 Oct 2026Outcome of Board MeetingLow impactPositivePrice −6.5% on 26 Oct
    Arihant approved H1FY27 results and two tiny Rs 81-lakh Bhayandar coaching buyouts effective April 2027.

    Arihant Academy's board on 24 Oct 2026 approved unaudited standalone and consolidated results for the half year ended 30 Sep 2026. It also approved buying two Bhayandar-based coaching businesses on a going-concern basis with effect from 1 Apr 2027 - Arihant Tutorials for Rs 60 lakh and Rajguru Academy for Rs 21 lakh. The Rs 81-lakh total bolt-on deal is very small versus Rs 63.4 crore FY26 sales and a debt-free balance sheet, implying only marginal revenue accretion in the next 12 months.

    Filing
  • 17 Oct 2026General UpdatesLow impactPositivePrice −6.5% on 26 Oct
    Arihant opens 2nd Ahmedabad centre, adding ~2% to its 40+ branch network.

    Arihant Academy opened a new study centre at Bodakdev, Ahmedabad, its 2nd branch in the city. The centre will offer IIT-JEE, NEET and state entrance coaching for the Science stream. The company operates 40+ branches across 10 cities and 3 states serving over 15,000 students. The expansion supports long-term growth in Gujarat but adds only modest capacity in the near term.

    Filing

Board meetings

Results dates and other board meetings. Full calendar

Details
24 Oct 2026Financial ResultsTo consider and approve the financial results for the period ended September 30, 2026
13 Aug 2026Bonus/Other business mattersTo consider bonus issue and approval of financial result for the quarter ended on 30th June, 2026
28 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
12 Feb 2026Board Meeting IntimationARIHANT ACADEMY LIMITED has informed the Exchange about Board Meeting to be held on 12-Feb-2026 to consider and approve the Quarterly Unaudited Financial results of the Company for the period ended December 2025 and Other business.
11 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters of the Company
11 Aug 2025Other business mattersIntimation of Board Meeting for approval of Standalone and Consolidated unaudited financial results for the quarter ended June 30, 2025 and other agenda items.

Share price

1M change −14.05%
1 of 1 filing day came with a big price moveBiggest −6.5% on 26 Oct 2026AI reading matched the move 0 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2022Sep 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales6221111109173814162019
Expenses51910988153211101715
Operating Profit131221273534
OPM %12.7%15%10.3%19.7%18%6.1%13.7%17.8%18.4%33.5%15.7%20.1%
Other Income010001111000
Interest000000000000
Depreciation010001121111
Profit before tax131221362533
Tax %25%23.1%24.5%22.3%29.8%5.9%21.9%20.5%22.9%31.8%18%22.5%
Net Profit021211252322
EPS in Rs0.381.920.651.260.970.791.623.721.462.741.692.02

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
35%
3 Years
40%
TTM
−9%
Compounded Profit Growth
10 Years
—
5 Years
52%
3 Years
66%
TTM
12%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
56%
TTM
—
Return on Equity
10 Years
—
5 Years
21%
3 Years
21%
TTM
—

Shareholding

Latest: Oct 2026.

Promoters
64.74%
−1.9 pts in a year
FIIs
0%
0 pts in a year
Public
35.26%
+1.9 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 26.6xEPS (12 months) ₹ 7.93Median P/E 40.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Arihant Academy₹ 211.00₹ 279 Cr.26.6x9.3x31%—
Physicswallah₹ 119.95₹ 34,783 Cr.2,559.6x6.7x−0.7%−0.6%
Shanti Educational Initiatives₹ 160.09₹ 2,533 Cr.491.4x38.2x8%10.6%
NIIT₹ 73.37₹ 1,006 Cr.111.3x1.1x—2.4%
Jaro Institute of Technology Management and Research Ltd₹ 367.75₹ 815 Cr.15.7x2.5x—19.3%
Aptech₹ 78.82₹ 457 Cr.20.9x2.1x9.4%4.7%

Management

Umesh Anand Pangam
Executive Chairman of the Board
Shirish Pandurang Kumbhar
Chief Financial Officer
Garima Shrivastava
Compliance Officer, Company Secretary
Anil Suresh Kapasi
Managing Director, Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.