Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1472 Cr.
Stock P/E
95.3
P/B
8.5
Current Price
₹87.3
Book Value
₹ 10.3
Face Value
1
52W High
₹106.2
52W Low
₹ 45.6
Dividend Yield
0.13%

Arfin India Overview

Business

Arfin India Ltd. operates in the Aluminium & Aluminium Products sector in India. The company is primarily involved in the manufacturing, processing, and trading of various aluminium products. While specific product details are not provided, companies in this industry typically deal with secondary aluminium production (recycling aluminium scrap into ingots and alloys), or downstream processing of aluminium to produce billets, rods, wires, sheets, or specialized components for various industries. The company makes money by selling these aluminium products to its industrial and manufacturing customers.

Revenue Mix

Based on the information provided, specific breakdowns of major business segments or their contribution to revenue are not available. It can be inferred that the primary revenue stream is derived from the sales of its aluminium and aluminium-based products.

Industry

The Aluminium & Aluminium Products industry in India is characterized by both large integrated primary producers and a significant number of secondary producers and downstream processors. It is a capital-intensive and commodity-driven sector, influenced by global aluminium prices, raw material costs (e.g., aluminium scrap), and energy prices. Arfin India Ltd. likely operates in the secondary aluminium market or downstream processing segment, which tends to be more fragmented and competitive than the primary aluminium production segment. Its positioning would be among numerous players vying for market share based on product quality, price competitiveness, operational efficiency, and customer relationships.

MOAT

Based on the general nature of the Aluminium & Aluminium Products industry and the information provided, Arfin India Ltd. does not appear to possess strong, durable competitive advantages typically associated with deep moats like proprietary technology, strong brand loyalty in a B2B commodity market, or significant network effects. Competition in this sector is often driven by cost efficiency, scale of operations, efficient raw material sourcing, product quality, and customer service. Any competitive edge would likely stem from operational excellence, strategic location, or strong customer relationships rather than inherent structural moats.

Growth Drivers

Key factors that can drive growth for Arfin India Ltd. over the next 3-5 years include:

India's Economic Growth: Sustained economic growth in India will drive demand across various aluminium-consuming sectors.

Infrastructure Development: Government focus on infrastructure projects (construction, transportation, smart cities) will increase demand for aluminium products.

Growth in End-User Industries: Expansion in sectors like automotive, electrical, construction, packaging, and consumer durables will directly translate to higher demand for aluminium.

Increasing Scrap Recycling: A global and domestic push towards sustainability and circular economy models can boost the secondary aluminium market, where Arfin may operate.

Capacity Expansion/Product Diversification: Any strategic expansion in manufacturing capacity or diversification into higher-value-added aluminium products.

Risks

Key business risks for Arfin India Ltd. include:

Commodity Price Volatility: Fluctuations in global aluminium prices and the prices of raw materials (aluminium scrap) can significantly impact profitability.

Raw Material Sourcing: Availability and consistent quality of aluminium scrap or other inputs, along with their pricing, are critical operational risks.

Energy Costs: Manufacturing aluminium products is an energy-intensive process, making the company susceptible to rising energy prices.

Intense Competition: The sector is competitive, with pricing pressures from both larger integrated players and numerous smaller processing units.

Environmental Regulations: Stricter environmental norms and compliance costs can impact operations and profitability.

Economic Downturn: A slowdown in the Indian economy or key end-user industries could reduce demand for aluminium products.

Management & Ownership

In India, many companies, especially in the mid-cap and small-cap segments, are promoter-led. While specific details on the promoters, their individual quality, or the detailed ownership structure (e.g., percentage held by promoters, institutions, public) are not available from the provided data, it is generally expected to be a promoter-driven enterprise.

Outlook

Arfin India Ltd. operates in a sector with significant long-term growth potential, primarily driven by India's robust economic development, urbanization, and infrastructure push, which underpin demand for aluminium products across diverse industries. The increasing emphasis on recycling and secondary production also presents opportunities. However, the company faces inherent challenges associated with a commodity-driven business, including volatile raw material and finished product prices, high energy costs, and intense competition within the fragmented secondary aluminium market. Its future performance will largely depend on its ability to manage operational efficiencies, secure favorable raw material sourcing, effectively navigate price fluctuations, and maintain strong customer relationships in a competitive environment.

Arfin India Share Price

Live · BSE / NSE · Inception: 1992
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Arfin India Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 137 133 149 180 153 109 128 188 193 213
Other Income 0 0 0 0 1 0 1 0 -0 0
Total Income 137 133 149 181 155 109 128 188 193 213
Total Expenditure 129 124 139 169 147 102 119 174 177 203
Operating Profit 8 9 10 11 8 7 10 14 16 10
Interest 5 4 5 6 5 5 5 5 4 5
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 4 4 5 2 1 4 8 11 5
Provision for Tax -0 1 1 1 2 0 1 3 4 1
Profit After Tax 2 3 3 3 1 1 2 5 7 4
Adjustments 0 0 -0 0 0 -0 0 -0 -0 0
Profit After Adjustments 2 3 3 3 1 1 2 5 7 4
Adjusted Earnings Per Share 0.1 0.2 0.2 0.2 0 0.1 0.1 0.3 0.4 0.2

Arfin India Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 535 616 618 722
Other Income 2 2 1 1
Total Income 537 618 619 722
Total Expenditure 505 579 572 673
Operating Profit 32 38 47 50
Interest 19 20 19 19
Depreciation 4 4 5 4
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 10 14 24 28
Provision for Tax 1 5 8 9
Profit After Tax 8 9 15 18
Adjustments 0 0 0 0
Profit After Adjustments 8 9 15 18
Adjusted Earnings Per Share 0.5 0.5 0.9 1

Arfin India Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 96 157 170
Minority's Interest 0 0 0
Borrowings 28 23 17
Other Non-Current Liabilities 2 6 9
Total Current Liabilities 159 159 174
Total Liabilities 285 344 371
Fixed Assets 66 64 74
Other Non-Current Assets 1 5 1
Total Current Assets 219 276 296
Total Assets 285 344 371

Arfin India Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 8 0 1
Cash Flow from Operating Activities 5 -21 22
Cash Flow from Investing Activities -4 -8 -15
Cash Flow from Financing Activities -8 30 -8
Net Cash Inflow / Outflow -7 0 -0
Closing Cash & Cash Equivalent 0 1 0

Arfin India Ratios

# Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 0.52 0.54 0.92
CEPS(Rs) 0.76 0.78 1.19
DPS(Rs) 0 0 0.11
Book NAV/Share(Rs) 6.05 9.28 10.08
Core EBITDA Margin(%) 4.86 5.12 6.47
EBIT Margin(%) 4.56 4.82 5.95
Pre Tax Margin(%) 1.57 2.03 3.32
PAT Margin (%) 1.32 1.29 2.17
Cash Profit Margin (%) 1.95 1.86 2.82
ROA(%) 2.88 2.91 4.32
ROE(%) 8.56 7.24 9.46
ROCE(%) 13.11 13.98 14.82
Receivable days 31.37 27.21 21.13
Inventory Days 87.32 85.17 103.66
Payable days 54.63 46.08 44.14
PER(x) 98.94 50.27 79.61
Price/Book(x) 8.47 2.94 7.24
Dividend Yield(%) 0 0 0.15
EV/Net Sales(x) 1.74 0.93 2.19
EV/Core EBITDA(x) 28.91 14.93 28.68
Net Sales Growth(%) 0 15.06 0.36
EBIT Growth(%) 0 20.89 24.07
PAT Growth(%) 0 11.26 68.94
EPS Growth(%) 0 4.79 68.94
Debt/Equity(x) 1.25 0.75 0.76
Current Ratio(x) 1.38 1.74 1.69
Quick Ratio(x) 0.44 0.59 0.42
Interest Cover(x) 1.52 1.73 2.27
Total Debt/Mcap(x) 0.15 0.25 0.11

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% — — —
Operating Profit CAGR +24% — — —
PAT CAGR +67% — — —
Share Price CAGR +83% +30% +69% +26%
ROE Average +9% +8% +8% +8%
ROCE Average +15% +14% +14% +14%

Arfin India Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 69.77 %
FII 0.79 %
DII (MF + Insurance) 0.04 %
Public (retail) 29.4 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 74.0969.7969.7969.7969.7969.7969.7969.7769.7769.77
FII 2.562.412.412.412.412.412.642.681.540.79
DII 0.080.070.070.190.190.040.040.040.040.04
Public 23.2727.7327.7327.6127.6127.7627.5327.5128.6529.4
Others 0000000000
Total 100100100100100100100100100100

Arfin India Peer Comparison

Aluminium & Aluminium Products Edit Columns

Arfin India Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Arfin India Pros & Cons

Pros

  • Debtor days have improved from 46.08 to 44.14days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Stock is trading at 8.5 times its book value.
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