₹762.8
+2.89% today
· 30d +5.69%
as of 2026-11-09
Price · Daily Candles
“ARE&M's Q4 Profit Surge Contrasts with FII Outflows, MACD Signals Weakness”
ARE&M reported a substantial 94.55% YoY net profit growth to ₹314 crore in Q4 2026, alongside a 15.54% revenue increase to ₹3536 crore. However, its TTM PE of 18.17 is significantly lower than some peers like POLYCAB (54.17), while FIIs reduced their stake by 0.06% QoQ.
BULL CASE
+Net profit surged 94.55% YoY to ₹314 crore in Q4 2026.
+Quarterly revenue grew by 15.54% YoY to ₹3536 crore.
+Annual revenue 3-year CAGR stands at 9.63% and 5-year CAGR at 14.08%.
+Current TTM PE of 18.17 is lower than the sector median.
+RSI(14) signals a moderate bullish trend at 62.74.
BEAR CASE
−Annual net profit declined by 5.18% YoY to ₹896 crore in FY26.
−FIIs decreased their shareholding by 0.06% QoQ as of Q4 2026.
−DIIs also reduced their stake by 0.18% QoQ as of Q4 2026.
−MACD shows a weak neutral signal at -0.4393.
−The stock is trading 18.74% off its 52-week high of ₹1094.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹4109 Cr
+18.51% YoY
NET PROFIT
₹152 Cr
-44.85% YoY
OPM
9.3%
-2.21pp YoY
EPS
₹8.33
PE 18.17
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-1.6% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
ARE&M's TTM PE of 18.17 is substantially below the sector's higher-multiple names like CGPOWER (PE 114.79) and POLYCAB (PE 54.17), though its ROCE of 16.0% is modest compared to the higher rates of CGPOWER (34.54%) and POLYCAB (30.94%).
PEERPEROCE %
ARE&M18.1716.0
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ML Forward Growth Predictions 🔒
54
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
20
Valuation
CHEAP
75
Growth
MUTED
46
Profitability
DECENT
68
Technicals
WEAK
47
Risk
LOW
70
Key Stats
TTM PE
18.17
P/B
2.1
52W HIGH
₹1023.0
OFF HIGH
-25.43%
DIV YIELD
1.22%
MKT CAP
₹13966 Cr
◉ Active Signals
MACDNeutral9.8175
RSI(14)Neutral58.22
Street Consensus
12 analysts₹930.25
mean target
Low ₹730.0Now ₹762.8High ₹1111.0
⧉ Strategy Fit 🔒