ArisInfra Solutions Ltd

Meeting Details

• Date/time: 06/05/2026, 12:00 IST
• Type/mode: Q1 Analyst Call, virtual conference call (listen-only)

Participants

• Ronak Morbia — Chairman & MD
• Bhavik Khara — Whole-Time Director & CFO
• Srinivasan Gopalan — Chief Executive Officer

Purpose

• Discuss Q1 FY27 earnings; review financials and operational highlights
• Q&A following presentation

Availability

• Transcript available on the company website Investors section

Meeting Details

• Date and time: August 06, 2026, 12:00 PM.
• Type: earnings call; mode: virtual group audio conference.

Participants

• Key company participant: Whole-Time Director & CFO.

Purpose

• Discuss Standalone and Consolidated Audited Financial Results for quarter ended June 30, 2026.

Availability

• Audio recording of the call is available on the company website.

Business overview

• Tech-enabled B2B construction materials platform; asset-light aggregator with no inventory risk.

Revenue streams & economics

• Three streams: B2B supply, contract manufacturing, and Developer-as-a-Service (DaaS).
• B2B supply EBITDA 2–2.5%; contract manufacturing EBITDA 9–9.5%; DaaS EBITDA 55–60%.

Operational footprint

• Pan-India presence with 23 states & UTs; 10+ contract manufacturing plants.

Key operational highlights

• Asphalt scaleup: ₹529mn revenue in Q1-FY27, 38 customers (vs 28 in Q4-FY26).
• DaaS order: ₹6,500mn contract from Wadhwa Group; GDV under execution ₹18,391mn.
• Repeat orders at 82% in Q1-FY27 (vs 78% in Q4-FY26).
• Contract manufacturing contribution 53% of Q1-FY27 total revenue.

Financial performance

• Q1-FY27 revenue ₹2,908mn; YoY +37.1%; EBITDA ₹305mn; margin 10.49%.
• PAT ₹200mn; PAT margin 6.88%; Diluted EPS ₹2.05.
• Total expenses ₹2,603mn; Finance costs ₹63mn; tax ₹67mn.

Balance sheet & liquidity (FY26 snapshot)

• Cash & equivalents ₹1,014mn; current assets ₹7,114mn; current liabilities ₹2,695mn.
• Total equity ₹7,510mn; short-term borrowings ₹548mn; long-term borrowings ₹0.
• IPO completed in 2025; listed on BSE and NSE.

Strategic priorities & outlook

• Working capital optimization; reduce net working capital days.
• Deepen high-margin categories: RMC, aggregates, asphalt, value-added materials.
• Expand into tiles, CP fittings, sanitaryware, electricals, plumbing.
• Scale geography across Tier 1/2; increase contract manufacturing capacity with third-party plants.
• Onboard new vendors; grow services vertical; near-zero incremental cost model.

Governance & leadership

• Board: Ronak Morbia (Chairman & MD); Bhavik Khara (CFO).
• Independent directors: Ramakant Sharma, Gitanjali Mirchandani, Renganathan Bashyam.
• CEO: Srinivasan Gopalan; Senior management: Onkar Chattoraj, Divya Iyer, Jitender Sharan, Suvesh Sinha.

Issue Overview

• Type: IPO of equity shares with Pre-IPO placement.
• Net proceeds revised upward due to lower offer costs; no undersubscription.
• Main objectives: debt repayment, working capital, Buildmex-Infra, general corporate purposes and acquisitions.

Utilisation of Proceeds

• Utilisation as disclosed: no material deviation; revisions within limits.
• GCP allocation increased to 47.959 crore by Q1FY2027; within 25% of gross proceeds.
• Pre-IPO GCP end-quarter utilisation: 79.668; unutilised 0.336; refunds noted.
• IPO proceeds: unutilised amount reported; no major delays.
• Note: unutilised funds redeployed to GCP and unidentified acquisitions in Q1FY2027.

Governance & Compliance

• All required statutory approvals obtained; GNL-2 form submitted.
• No material adverse events or regulatory actions reported affecting objectives.
• Board approval for allocations not explicitly stated in the report.

GCP Utilisation

• GCP utilisation: end-quarter total 79.668 crore; unutilised 0.336 crore.
• Unutilised IPO proceeds: 1.746 crore; refunds partly offset idle funds.
• Note: unutilised funds redeployed to GCP and unidentified acquisitions in Q1FY2027.

ESOP grant details

• NRC approved grant of 1,633 ESOPs under Arisinfra ESOP 2024.
• Options cover 1,633 equity shares of Rs 2 each.
• Exercise price to be determined by Board/NRC, not below face value.
• Options vested: Nil.
• Options exercised: Nil.
• Money realized on exercise: Nil.
• Each option entitles one equity share.
• Options lapsed: Nil.
• Scheme complies with SEBI SBEB Regulations, 2021.
• Approval date: August 5, 2026.

Financial highlights

• Revenue from operations ₹2,908 Mn, up 37.1% YoY.
• EBITDA ₹305 Mn; margin 10.49% vs 8.58% YoY.
• PBT ₹267 Mn; +323% YoY.
• PAT ₹200 Mn; EPS ₹2.05, +279.6% YoY.
• Contract Manufacturing & Services contributed 63% of revenue.

Key contracts and pipeline

• ₹650 Cr GDV DaaS project secured for Wadhwa Wise City, Panvel.
• ₹79 Cr work order from J Kumar NCC (GMLR) JV for Goregaon–Mulund Link Road.
• DaaS GDV under execution ₹18,391 Mn across 10 active projects.
• DaaS revenue ₹277 Mn, +48% YoY.
• Asphalt revenue ₹529 Mn; customers 38.
• Repeat order rate 82% versus 78% prior quarter.

Operational scale & technology

• Served 3,412 customers via 2,229 vendors across 1,192 PIN codes.
• 10+ Contract Manufacturing plants with 9 Mn MTPA capacity.
• Cumulative deliveries >24 Mn tonnes; 800+ daily deliveries.
• CARA AI and ArisGPT deployed to enhance operations.

Outlook & strategic focus

• Focus on capacity expansion and higher-margin segments.
• AI-enabled efficiency and asset-light operating model.
• Strengthened balance sheet supports sustainable growth.

Standalone results

• Revenue from operations: 1,287.26 million; QoQ down ~38%.
• Total income: 1,370.21 million; QoQ down ~40%.
• Profit after tax: 74.60 million; QoQ down ~50%.
• Basic and diluted EPS: 0.91.
• Single reportable segment: Trading of Construction Materials.
• IPO proceeds: gross 4,995.96m; utilised 4,975.65m; unutilised 20.31m.
• Debt repayment from IPO proceeds: 2,031.85m.
• Working capital funding from IPO proceeds: 1,769.71m.
• Investment in Buildmex Infra: 479.99m.
• General corporate purposes: 476.74m.
• Share issue expenses utilised: 217.36m.
• Unutilised IPO proceeds: 20.31m.
• Scheme of Amalgamation with AUSPL approved; NOC received; NCLT approvals pending.

Consolidated results

• Revenue from operations: 2,908.09 million; QoQ down ~15%.
• Total income: 2,951.92 million; QoQ down ~16%.
• Profit after tax: 200.31 million; QoQ down ~8%.
• Basic and diluted EPS: 2.05.
• Seven subsidiaries and one associate included in the group.
• Single reportable segment: Trading of Construction Materials.

AGM details

• AGM held July 31, 2026 at 03:30 PM via VC/OAVM; concluded 04:24 PM.

Resolutions

• Ordinary: Adopt standalone and consolidated financial statements and reports.
• Ordinary: Re-appoint Bhavik Jayesh Khara as Director liable to rotation.
• Ordinary: Appoint M S K C & Associates LLP as statutory auditors; fix remuneration.
• Special: Increase borrowing limits under Section 180(1)(c) to ₹2,000 Crores.
• Special: Authorize sale/lease or disposal of assets to secure borrowings under 180(1)(a)/(c).
• Special: Enhance limits to advance loans or guarantees under Section 185.
• Special: Increase limits for inter corporate loan/investment/guarantee/security under Section 186 up to ₹2,000 Crores.
• Ordinary: Approve material related party transactions with Buildmex-Infra Private Limited.
• Special: Revise remuneration payable to Ronak Kishor Morbia, Chairman & MD.
• Special: Revise remuneration payable to Bhavik Jayesh Khara, Whole Time Director & CFO.
• Special: Approve remuneration to Non-Executive Directors including Independent Directors.

Voting status

• Voting results to be intimated separately along with Scrutiniser's report.

Meeting Details

• Board meeting scheduled for August 5, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve standalone and consolidated unaudited financial results for quarter ended June 30, 2026.

Other Notes

• Trading window for designated persons and insiders closed until 48 hours post results announcement.