Redemption of Secured Non-Convertible Debentures (NCDs) of the Company
As filed · Arihant Superstructures Limited has informed the Exchange about Redemption of Secured Non-Convertible Debentures (NCDs) of the Company.
CapitalNotablemateriality 63 out of 100
What happened
FactRedemption of Secured Non-Convertible Debentures (NCDs) of the Company. Sub.: Intimation regarding Redemption of Secured Non-Convertible Debentures. Unrated, Secured, Redeemable, Non-convertible Debentures (NCDs) – India Real Estate.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
ContradictedEarlierQ1 FY27
The EBITDA stood at INR 28 crores and the EBITDA margin stood at 21%.
NowQ1 FY27
The PAT for the quarter stood at INR 10 crores with a PAT margin of 7.4%.
Change
FactFact conflict
Implication
CapitSignal interpretationThe earlier statement claims an EBITDA margin of 21%, while the current statement reports a PAT margin of 7.4%. These figures cannot both be true given the reported revenue and PAT.confidence 100%
Watch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- We remain focused and confident on reducing our debt next year onwards as some of our residential projects hav (management committed by FY27)
Evidence
- Arihant Superstructures Limited has informed the Exchange about Redemption of Secured Non-Convertible Debentures (NCDs) of the Company.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%