Arihant Academy
- 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.
- 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.
- 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.
- 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.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 24 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 13 Aug 2026 | Bonus/Other business matters | To consider bonus issue and approval of financial result for the quarter ended on 30th June, 2026 |
| 28 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Board Meeting Intimation | ARIHANT 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 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters of the Company |
| 11 Aug 2025 | Other business matters | Intimation of Board Meeting for approval of Standalone and Consolidated unaudited financial results for the quarter ended June 30, 2025 and other agenda items. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2022 | Sep 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6 | 22 | 11 | 11 | 10 | 9 | 17 | 38 | 14 | 16 | 20 | 19 |
| Expenses | 5 | 19 | 10 | 9 | 8 | 8 | 15 | 32 | 11 | 10 | 17 | 15 |
| Operating Profit | 1 | 3 | 1 | 2 | 2 | 1 | 2 | 7 | 3 | 5 | 3 | 4 |
| OPM % | 12.7% | 15% | 10.3% | 19.7% | 18% | 6.1% | 13.7% | 17.8% | 18.4% | 33.5% | 15.7% | 20.1% |
| Other Income | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 3 | 1 | 2 | 2 | 1 | 3 | 6 | 2 | 5 | 3 | 3 |
| Tax % | 25% | 23.1% | 24.5% | 22.3% | 29.8% | 5.9% | 21.9% | 20.5% | 22.9% | 31.8% | 18% | 22.5% |
| Net Profit | 0 | 2 | 1 | 2 | 1 | 1 | 2 | 5 | 2 | 3 | 2 | 2 |
| EPS in Rs | 0.38 | 1.92 | 0.65 | 1.26 | 0.97 | 0.79 | 1.62 | 3.72 | 1.46 | 2.74 | 1.69 | 2.02 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 35%
- 3 Years
- 40%
- TTM
- −9%
- 10 Years
- —
- 5 Years
- 52%
- 3 Years
- 66%
- TTM
- 12%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 56%
- TTM
- —
- 10 Years
- —
- 5 Years
- 21%
- 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.
| Arihant Academy | ₹ 211.00 | ₹ 279 Cr. | 26.6x | 9.3x | 31% | — |
| Physicswallah | ₹ 119.95 | ₹ 34,783 Cr. | 2,559.6x | 6.7x | −0.7% | −0.6% |
| Shanti Educational Initiatives | ₹ 160.09 | ₹ 2,533 Cr. | 491.4x | 38.2x | 8% | 10.6% |
| NIIT | ₹ 73.37 | ₹ 1,006 Cr. | 111.3x | 1.1x | — | 2.4% |
| Jaro Institute of Technology Management and Research Ltd | ₹ 367.75 | ₹ 815 Cr. | 15.7x | 2.5x | — | 19.3% |
| Aptech | ₹ 78.82 | ₹ 457 Cr. | 20.9x | 2.1x | 9.4% | 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.