you are here:

Arihant Superstructures Ltd.

BSE: 506194 | NSE: ARIHANTSUP |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE643K01018 | SECTOR: Construction & Contracting - Real Estate

BSE Live

Oct 19, 15:42
171.85 -2.60 (-1.49%)
Volume
AVERAGE VOLUME
5-Day
13,116
10-Day
31,315
30-Day
35,736
20,180
  • Prev. Close

    174.45

  • Open Price

    176.30

  • Bid Price (Qty.)

    171.25 (500)

  • Offer Price (Qty.)

    174.30 (1)

NSE Live

Oct 19, 15:54
174.70 0.30 (0.17%)
Volume
AVERAGE VOLUME
5-Day
118,996
10-Day
250,922
30-Day
241,779
189,248
  • Prev. Close

    174.40

  • Open Price

    173.50

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    174.70 (322)

Annual Report

For Year :
2018 2016 2015 2014 2013

Chairman's Speech

Dear Shareholders, Despite a challenging environment, slow approvals and rising cost, the results of financial year ending March 2014 was satisfactory and our business moved in the positive direction. In regard to the company''s performance, although total revenues reached the one billion mark on consolidated basis; profit was impacted by the increased cost of inputs including development rights, construction cost and financial cost. For the financial year 2013-14, we clocked sales of 744 flats amidst of turbulent and recessive market. The year ahead, the business environment will continue to remain challenging and competitive. Your company views the mega initiative of the Government to developing 100 smart cities as a landmark installation which will initiate a beginning of a new era. We await further details and guidelines for the development of these new cities. Further, the company foresees the Government initiatives, to promote Affordable Housing and REITS, would give a big boost to the real estate Industry. Though the company has a product line in all segments - luxury, mid and affordable housing, we are focused and committed to affordable housing in gated communities. Your company which has pioneered prestigious projects in MMR and Jodhpur regions is hopeful of launching some big projects in the upcoming year. Our strategy of working in different municipal localities ensured that the construction and approval of projects movement in the company inspite of unavoidable delays from various authorities. The financial year 2013-14 could see advance stages of construction achievement in ArihantAmodini at Taloja, ArihantAdita at Jodhpur and project completion of ArihantAkriti at Badlapur. The Arihan- JtAmisha at Taloja, ArihantArshiya at Khalapur, ArihantAnmol at Badlapur, ArihantAarohi and Arihan- tAyati at Jodhpur could see lot of traction in their starting phase of construction. The projects which would commence in the year 2014-15 are ArihantAloki at Karjat, ArihantAkanksha at Panvel, ArihantAnshula&ArihantAnaika at Taloja respectively. Our new initiative, loyalty program Ganadores club for the channel partners has received a thumping response will ensure us new sales figures for the company in the coming days. In Jodhpur, our construction and development activities have achieved new heights as we have completed the club house De Palo at ArihantAdita project, Jodhpur. The club house de palo at ArihantAdita, Jodhpur is one of its kinds and boasts of changing lifestyle and luxury and I am confident that this would boost the buyer''s sentiment & in turn sales of ArihantAdita. On the industrial venture, trial production for the manufacturing of AAC (Autoclaved Aerated Concrete) blocks has started at Barmer in Jodhpur. The facility at its 100% operation will produce 1,50,000 cubic metre of blocks per year. In the year 2013-14, we have continued the CSR philosophy that Children''s are the future of the society and they need to be nurtured with education. Thus our major CSR activity focuses on the Child Education and we have extended our CSR activities from school to college. Youth of today needs to have overall 360 degree development to face today''s competitive world. Along with Technical Education one needs to sharpen on the soft skills and personality development for the challenges of corporate world. We supported Jai NarainVyas University, Jodhpur for the construction of the Dias & Amphi theatre for Community Ground and this would go in long run for the students who conduct various co- curricular activities for their development & the College Cultural Committee for various cultural programs & events. We also contributed towards the CM Relief fund, Rajasthan by donating equivalent amount of the money collected from the auction of drawing and paintings by kids held at a function The Expres- sions at ArihantAdita, Jodhpur. Today the Company enjoys high respect in the business community, due to its business philosophy and transparency in dealings. Assisting the Company in this endeavor is our eminent panel of independent directors. Experts in their respective fields, they bring with them a fresh and unbiased perspective and contribute towards the creation and sustenance of a robust governance mechanism. I would like to thank each and every one of our employees, channel partners, vendors and contractors for their efforts towards the growth of company as well as the central and state governments and bodies for their support. I would also like to thank you, all our shareholders, for your continued support in our journey of delivering consistent, competitive, profitable and responsible growth. Proud to be Arihant! With warm regards, Sd/- Ashok Chhajer (Chairman & Managing Director)