Arihant Capital Mkt. Key Ratios

Dupont Analysis

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	12.31%	20.91%	24.51%	12.00%	24.35%	16.81%
PAT margin	19.21%	29.98%	29.67%	21.17%	29.99%	23.74%
Asset Turnover	0.27x	0.29x	0.33x	0.25x	0.36x	0.32x
Leverage	2.39x	2.40x	2.53x	2.27x	2.25x	2.24x

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Inventory Days	159.4	117.5	67.9	45.1	29.7	59.4
Receivable Days	408.8	358.6	374.4	489.7	209.0	142.5
Payable Days	9061.0	0.0	0.0	-	-	-
Cash Conversion Cycle	-8492.9	476.2	442.4	534.9	238.7	201.9

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
ROE	12.31%	20.91%	24.51%	12.00%	24.35%	16.81%
ROCE	14.51%	22.34%	26.40%	16.00%	28.97%	21.99%
ROA	5.16%	8.72%	9.70%	5.29%	10.83%	7.49%