ARFIN

The stock has been placed in Additional Surveillance Measure (ASM) list LTASM - I.

Arfin India Ltd.

BSE: 539151

Sector: Metals & Mining

Industry Group: Non - Ferrous Metals

Industry: Aluminium

91.90-0.6 (-0.69%)

3 Jul, 2:29 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

30.5 / 100

Value Score

17.1 / 100

Price Momentum Score

92.6 / 100

QVM Score

40.4 / 100

Key Metrics

Market Cap

1561.35

P/E (TTM)

101.05

P/B

9.17

P/S (TTM)

2.53

EV/EBITDA

36.43

CAPE (5Y)

144.23

ROE (TTM)

9.45

ROCE (TTM)

14.48

ROA (TTM)

4.32

Avg 3Y ROE

8.53

Earnings 3Y CAGR

12.32

Sales 3Y CAGR

4.34

Sales 5Y CAGR

15.29

Debt/Equity

0.76

Consensus TP

Strong Buy %

Promoter Holding

69.77

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Arfin India Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 92.6 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

92.6 / 100

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 69.3% for 12-month ended 31 Mar 2026 and the growth was 85.58 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.76 as on 31 Mar 2026 and Debt to Equity increased marginally by 0.01 in the last 1 year

What is Debt to Equity?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 101.05 indicates that the stock is expensive on a standalone basis and is at a 325.12% premium to industry median P/E

What is P/E Ratio?

Median: 23.77

Value 101.05

8.28101.05

Low but stable operating margin

The company reported low operating margin of 6.72% for 12-month ended 31 Mar 2026 and operating margin improved marginally by 148 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of 0.36% for 12-month ended 31 Mar 2026 and the growth was 15.82 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 16.18

Value 0.36

-35.19134.73

Low dividend yield

The company has a low dividend yield of 0.12%

What is Dividend yield?

Neutral

Low ROE but improving trend

The company reported low ROE of 9.45% for 12-month ended 31 Mar 2026 but ROE improved by 222 bps from 1 year ago

What is ROE (FY)?

Company's earnings are of moderate quality

Earnings quality score of 47.6 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

47.6 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Arfin India Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Arfin India Ltd. Shareholding Pattern

Quarterly breakdown of Arfin India Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.09	74.09	69.79	69.79	69.79	69.79	69.79	69.79	69.77	69.77
Indian Promoter	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.11	74.09	74.09	69.79	69.79	69.79	69.79	69.79	69.79	69.77	69.77
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	1.78	1.78	1.78	1.78	1.78	1.78	1.78	1.78	1.82	1.94	0.04	0.04	0.04	0.08	1.03	2.64	2.64	2.48	2.48	2.60	2.60	2.45	2.68	2.72	1.58
Mutual Funds / UTI	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	0.04	0.04	0.04	0.04	0.04	0.08	0.08	0.08	0.08	0.07	0.07	0.19	0.19	0.04	0.04	0.04	0.04
FII	1.78	1.78	1.78	1.78	1.78	1.78	1.78	1.78	1.78	1.90	0.00	0.00	0.00	0.00	0.95	2.56	2.56	2.41	2.41	2.41	2.41	2.41	2.64	2.68	1.54
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	24.11	24.11	24.11	24.11	24.11	24.11	24.11	24.11	24.07	23.95	25.85	25.85	25.85	25.81	24.86	23.27	23.27	27.73	27.73	27.61	27.61	27.76	27.53	27.51	28.65
Bodies Corporate	0.17	0.19	0.03	0.06	0.13	0.12	0.24	0.20	0.69	1.10	0.29	0.18	0.23	0.81	1.47	1.61	1.51	6.85	7.00	6.99	6.99	6.96	8.04	8.43	9.77
Others (incl. Retail) No. of shareholders	23.94 1,811	23.92 1,990	24.08 1,966	24.05 1,915	23.98 1,884	23.99 1,956	23.87 1,995	23.91 2,531	23.38 2,315	22.85 2,312	25.56 3,901	25.67 5,352	25.62 5,182	25.00 5,117	23.39 5,365	21.66 5,596	21.76 6,251	20.88 7,072	20.73 7,956	20.62 8,349	20.62 9,311	20.80 9,043	19.49 9,817	19.08 10,945	18.88 11,912

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Arfin India Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
MAHENDRAKUMAR RIKHAVCHAND SHAH Promoter	January-2026	Market Sale (Disposal) 8th Jan 2026	15.21 %	₹ 58.85	29.63 k	₹ 17.43 lac
MAHENDRAKUMAR RIKHAVCHAND SHAH Promoter	December-2025	Market Sale (Disposal) 2nd Dec 2025	15.21 %	₹ 0.00	29.63 k	₹ 0.00
KHUSHBU SHAH Promoter Group	January-2024	Market Sale (Disposal) 15th Jan 2024	1.09 %	₹ 44.75	16.20 k	₹ 7.25 lac
KHUSHBU SHAH Promoter Group	January-2024	Market Sale (Disposal) 15th Jan 2024	1.10 %	₹ 44.25	10.00 k	₹ 4.42 lac

Corporate Actions

History of Arfin India Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 0.11/share
Record date: 17th Nov 2025Ex-date: 17th Nov 2025
Announced on: 11th Nov 2025
Stock Split1 : 10
Ex-date: 14th Nov 2022Announced on: 19th Sep 2022
Nominal value change from INR 10 to INR 1.
Bonus1 new shares for 5 existing shares
Ex-date: 13th Nov 2018Announced on: 24th Sep 2018
Dividend₹ 2/share
Record date: 17th Sep 2018Ex-date: 14th Sep 2018
Announced on: 18th May 2018
Bonus2 new shares for 1 existing shares
Ex-date: 1st Nov 2017Announced on: 10th Sep 2017

Company Profile

Overview of Arfin India Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Arfin India Limited is an India-based company engaged primarily in the business of manufacturing, trading, and selling various non-ferrous metal products. The Companys main product line includes aluminum wire rods, aluminum deox, cored wires, aluminum alloy ingots, ferro alloys, inoculant, and condu...

Key personnel

Mr. Shubham P. Jain

Chief Financial Officer

Ms. Natanya Kasaudhan

Compliance Officer, Company Secretary

Mr. Mahendrakumar Rikhavchand (Mahendra) ShahD

Whole Time Chairman of the Board

Mr. Jatin M. ShahD

Managing Director, Executive Director

Mrs. Pushpa M. ShahD

Executive Director

Mr. Mukesh Kumar Shankerlal ChowdharyD

Non-Executive Independent Director

Mr. Tarachand Roopchand JainD

Non-Executive Independent Director

Mrs. Rucheeta NahataD

Non-Executive Independent Director

Incorporated on

10 Apr 1992

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

28 May 2015

Free Float

3,68,51,114

Website

https://www.arfin.co.in/

Phone no.

+912764232620

Address

Plot No. 117, Ravi Industrial Estate, Behind Prestige Hotel,, billeshwarpura, Chhatral, GANDHINAGAR, 382729, India

Frequently Asked Questions

What is the current share price of Arfin India Ltd.?

The current share price of Arfin India Ltd. is ₹ 91.90 as of 3 Jul 2026.

What is the market capitalisation of Arfin India Ltd.?

The market capitalisation of Arfin India Ltd. stands at ₹ 1,561.35 Cr.

What is the PE ratio of Arfin India Ltd.?

The Price-to-Earnings (PE) ratio of Arfin India Ltd. is 101.05 as of the latest trailing twelve months data.

What is the ROE and ROCE of Arfin India Ltd.?

Arfin India Ltd. has a Return on Equity (ROE) of 9.45% and a Return on Capital Employed (ROCE) of 14.48% as per the latest financial reports.

What is the 52-week high and low of Arfin India Ltd.?

The 52-week high of Arfin India Ltd. is - and the 52-week low is -.

What is the dividend yield of Arfin India Ltd.?

The dividend yield of Arfin India Ltd. is 0.12% based on the current market price.

What is the FII and DII holding in Arfin India Ltd.?

Foreign Institutional Investors (FII) hold 1.54%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 18.88% of Arfin India Ltd. shares.

What sector does Arfin India Ltd. belong to?

Arfin India Ltd. operates in the Metals & Mining sector.

What is the beta of Arfin India Ltd.?

The beta of Arfin India Ltd. is 0.80, indicating its price volatility relative to the broader market. Over the past 1 year, Arfin India Ltd. has delivered an absolute return of 279.42%.

What is the RSI of Arfin India Ltd.?

The 14-day Relative Strength Index (RSI) of Arfin India Ltd. is 52.08, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Arfin India Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Arfin India Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions