Arfin India logo

Arfin India share price

NSE: ARFINBSE: 539151Non - Ferrous MetalsSmall Cap

Last close ₹84.19down ₹6.41 (7.08%)BSE ₹84.46

Share price at the NSE close on 23 Oct 2026. Previous close ₹90.60.

52-week range of traded prices to 23 Oct 2026
₹51.01Low, 23 Oct 2025₹113.83High, 9 Oct 2026
Market cap
₹1,420 Cr1,313th largest listed
P/E
77.0
P/B
8.3
Dividend yield
0.14%
ROE
11.3%
ROCE
15.0%
Debt to equity
0.76
Volume, NSE
14,43,95037.1% delivered

Share price

Daily closes since Nov 2022, BSE closes May 2015 to Jul 2025, adjusted for splits and bonuses. Earlier closes are left out: on 14 Nov 2022 the price changed in a way no corporate action on record explains.

+62.0%over a year

ResultsDividend20-session average 45,30,150 shares a day, 20.4% delivered

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹208 Crup 8.48%
Net profit
₹3.53 Crdown 38.11%
Net margin
1.7%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹477 Cr, differs from its quarters added, ₹450 Cr.

₹ croreSep 2024Filed 13 NovDec 2024Filed 2 FebMar 2025Filed 28 OctJun 2025Filed 4 AugSep 2025Filed 11 NovDec 2025Filed 31 JanMar 2026Filed 11 MayJun 2026Filed 11 Aug
Revenue149180153109128196192208
Net profit33112564
Net margin1.7%1.7%0.4%0.9%1.6%2.5%3.0%1.7%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Ferrous & Non ferrous metal, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 77% of 2,042 trading days since May 2017.

LowestHighest
Its median32.4Industry median17.0
Price to book

At or below today's level on 76% of 1,012 trading days over the last 5 years.

LowestHighest
Its median5.7Industry median1.9
EV to EBITDA31.0

At or below today's level on 67% of 1,012 trading days over the last 5 years.

LowestHighest
Its median25.9Industry median8.2
Dividend yield

At or below today's level on 97% of 2,378 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.57%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+169.1%+50.0%+79.3%0.2%
3 years+54.1%+7.6%+43.2%0.1%
Longer windows are left empty: a corporate action or price step on 2022-11-14 that cannot be sized sits inside this window.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters69.77%
  • Foreign institutions0.60%
  • Governments0.04%
  • Individuals and others29.59%
Holder
MAHENDRAKUMAR RIKHAVCHAND SHAHPromoter15.19%
JATIN MAHENDRAKUMAR SHAHPromoter14.91%
PUSHPABEN MAHENDRAKUMAR SHAHPromoter12.80%
RANI JATIN SHAHPromoter12.64%
JFE SHOJI INDIA PRIVATE LIMITEDCompanies5.81%
POOJA MAHENDRABHAI SHAHPromoter4.76%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Aluminium, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Arfin India in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Hindalco Industries logoHindalco IndustriesHINDALCO1,95,47511.91.46.8+20.3%−3.1%12.6%13.6%0.57%
Vedanta Aluminium Metal logoVedanta Aluminium MetalVAML1,34,654–––––––2.32%
National Aluminium Company logoNational Aluminium CompanyNATIONALUM55,4208.22.65.1+9.0%+17.8%34.3%38.9%3.81%
MMP Industries logoMMP IndustriesMMP1,111–3.217.7+21.4%––11.5%0.46%
Msafe Equipments logoMsafe EquipmentsMSAFE547–5.6–––––0.00%
Maan Aluminium logoMaan AluminiumMAANALU52937.71.926.6−1.8%−5.5%6.2%3.9%0.00%
Jainik Power Cables logoJainik Power CablesJAINIK22315.92.6–––16.5%–0.00%
P.G.Foils logoP.G.FoilsPGFOILQ215–0.7–−18.6%−114.6%−1.0%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.12 a share, year to Mar 2027 so far.
Ex-dateTypePer share
24 Sep 2026Interim₹0.12
17 Nov 2025Interim₹0.11
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Arfin India share price by year

Each calendar year to 2025.Arfin India share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close73.12+105.9%73.1223.75
2024BSE close35.52−30.6%58.9331.35
2023BSE close51.21+106.9%53.1619.79
2022BSE close24.75–27.3022.25
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 14 Nov 2022.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202690.2090.2183.5084.1985.9814,43,95037.1%
22 Oct 202690.3293.3990.0090.6091.6816,85,76515.5%
21 Oct 202699.90100.2589.5191.9094.3431,48,09926.0%
19 Oct 2026102.00103.8997.25100.61101.3920,19,60531.9%
16 Oct 2026104.11105.01101.48102.72103.3920,36,11622.8%
15 Oct 2026106.00107.50102.00104.11105.1943,97,87918.6%
14 Oct 2026107.45107.80104.51105.70105.8621,72,69929.0%
13 Oct 2026106.01110.29105.50108.27108.6388,99,30118.3%
12 Oct 2026107.52108.70105.20106.07106.4550,36,72317.0%
9 Oct 2026106.74113.83102.28105.14108.651,27,77,24920.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
14 Nov 2022Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
1 Nov 2017Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name
Arfin India Limited
NSE symbol
ARFIN
BSE code
539151
ISIN
INE784R01023
Industry
Non - Ferrous Metals
Listed
May 2015 on BSE, Jul 2025 on NSE
Face value
₹1
CIN
L65990GJ1992PLC017460
Corporate identity number, the registrar of companies' code for it