Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Aug - Newspaper publication pertaining to unaudited standalone & consolidated financialfor the quarter ....
Source: Bse
Affordable Robotic & Automation Limited (AFFORDABLE)
Small CapIndustrials stocks · Small cap · NSE
Affordable Robotic & Automation Limited (ARAPL) is India's first listed robotic company, providing cost-effective automation solutions. Its offerings include robotic welding, multi-level car parking systems, and warehouse automation through its subsidiary Humro. ARAPL focuses on optimizing operations and creating future-ready systems.
Data qualityFresh enough for analysisQuote updated 21 Oct, 01:17 pm ISTDetails
Quote21 Oct, 01:17 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 06:35 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
40Neutralfull bear SMA stack · SMA20 +3.2% / mo · MACD −
Stock trend: 36
Sector RS: 46
Sector 3M: -7.6% vs Nifty 500 -6.0%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
AFFORDABLED candles · FIT view-12.0%TODAY · PROVISIONALLatest price ₹155.91 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-4.3%
RSI
39
MACD hist
-0.61
52W pos
23%
2026-10-21O ₹163.00H ₹165.50L ₹155.04C ₹155.91Vol 7,037 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
AFFORDABLENifty India ManufacturingNifty 500
- AFFORDABLE
- -14.9%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -9.3 pp
Chart stats
19 Oct 2026- From 52W high
- -45.2%
- 52W range position
- 24%
- ATR (14)
- 5.3%
- Volume vs 20D
- 0.45x
- Avg traded value
- ₹0.3 Cr
- 20D price channel
- ₹157 - ₹183.4
₹297
₹119.7 - ₹297
₹8.6
Latest completed session
20-session average
36.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST37
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue -41.2% · PAT NDF YoY
Technical
Neutral40
Price trend and sector-relative-strength timing.
Valuation
Legacy model+26.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence50
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100Rev -41% YoY · margin compression
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹11.1 Cr | -41.2% | -78.9% |
| EBITDA | ₹-3.3 Cr | -66.5% | -133.4% |
| Operating margin | -29.6% | -1914 bps | -4828 bps |
| PAT | ₹-4.8 Cr | NDF | -200.4% |
| PAT margin | -43.3% | -2373 bps | -5237 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 35.40
- P/B
- 1.67
- EV/EBITDA
- 17.25
- Market Cap
- 207.00Cr
Profitability
- ROE
- 6.60%
- ROCE
- 8.80%
- ROA
- 2.33%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 17.00%
- EPS 5Y
- 33.00%
- Revenue 3Y
- 2.00%
- EPS 3Y
- 48.00%
Balance Sheet
- Debt/Equity
- 0.63
- Interest Coverage
- 2.80×
- Altman Z
- 2.14
- Book Value
- 98.10
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- 7.00 Cr
- EPS TTM
- 5.42
Shareholding
- Promoter Hold
- 41.41%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 25%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 11.1-78.9% vs prev
Net Profit
₹ CrLatest: -4.8-200.4% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 39.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 rising (~2.7% over last month) — short-term momentum positive.
- RSI(14) at 39 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 44% off 52W high · 30% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
21
RS percentile
Stage 1 Base / Transition
1M return
-5.5%
3M return
-14.9%
6M return
-13.3%
1Y return
-36.6%
RS 1D
-2
RS 20D
-23
Sector rank
#2
Industry rank
#19
Stage evidence
- Price is within 4.9% of the 30-week proxy.
- The 30-week proxy changed -0.4% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 74.06-2.44%
RS vs Nifty 50074
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 37 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation8/30
Growth22/25
Quality0/20
Balance Sheet4/15
Cash Flow1/10
Piotroski
7/9 (+5)
Penalties
-3
Raw sum
37
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
37/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 26.8%.
- Growth contributes 22/25 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
35.4
PB
1.7
EV/EBITDA
17.3
ROE
6.6%
ROCE
8.8%
FCF Yield
—
Debt/Equity
0.6
MoS
+26.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
37
Previous: 35 (+2)
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+26.8%
Previous: +23.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
35
35
35
35
35
35
35
35
35
35
35
35
Factor attribution
Valuation
8+2
was 6
Modelled fair value
Graham Number
₹109.38
-42.5% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹213.01
+26.8% MoS
PEG
0.91
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
NIBL
Small
NRB Industrial Bearings Limited
Industrial Machinery
match 62
13
—
—
—
OVERVALUED
RVTH
Small
Revathi Equipment India Limited
Industrial Machinery
match 61
40
14.3
8.6%
+64%
WATCHLIST
NITIRAJ
Small
Nitiraj Engineers Limited
Industrial Machinery
match 61
18
86.3
0.5%
-6292%
OVERVALUED
AERONEU
Small
Aeroflex Neu Limited
Industrial Machinery
match 59
13
1006.0
1.6%
-1870%
OVERVALUED
TRF
Small
TRF Limited
Industrial Machinery
match 59
47
5.1
—
+88%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-10-08T07:21:36.990Z
Management commentary snapshot
AFFORDABLE reports a significant consolidated profitability turnaround in FY26. EBITDA swung from a Rs.233 Lakhs loss to Rs.1,716 Lakhs profit, and PAT turned positive from a Rs.1,165 Lakhs loss to Rs.697 Lakhs profit, despite a 26% decline in total income.
Management claims a successful FY26 transformation, prioritizing profitability over revenue. While margins improved significantly, the substantial revenue decline raises questions about the sustainability of this 'transformation' and future growth trajectory. The reliance on one-time gains for other income also warrants scrutiny.
Current business mix
Order Book by Vertical (as on 31.05.2026)
Latest issuer-disclosed distribution across 2 reported categories.
Car Parking64.6%
Automation35.4%
Growth engines
Humro Robotics Platform
ARAPL RAAS secured a strategic investment of ₹48 Crore to build a world-class autonomous robotics business under the Humro brand.
Warehouse Automation Deployments
Humro secured early deployments with multiple Fortune 50 companies, expected to drive large-scale rollouts across their warehouse networks.
Strategic US Partnership
Humro is in advanced discussions for a strategic partnership in the United States to accelerate growth and reduce delivery lead times.
New Customer Acquisition
Initial deployments successfully executed in a Fortune 500 company, indicating potential for further engagements.
Tailwinds
Cost Optimization & Execution
Decisive cost actions across all group entities and selective project execution led to EBITDA margin expansion.
Improved Operating Leverage
Lower costs translated directly into higher margins, demonstrating successful restructuring and tighter cost control.
Strategic Investment in Humro
₹48 Cr investment secured for the Humro robotics platform strengthens future growth prospects in autonomous robotics.
Headwinds
Revenue Decline
Consolidated Net Revenue from Operations for FY26 stood at Rs.11,767 Lakhs, a significant decline from FY25.
Reliance on One-time Gains
Other Income for FY26 includes one-time gains like GST provision reversal and unrealized forex gain, which may not recur.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The presentation provides annual financial data comparing FY25 and FY26, making year-over-year comparison appropriate to assess the claimed 'transformation' and profitability turnaround.
Sector KPIs management disclosed
Consolidated Total Income
Consolidated Total Income for FY26 stood at Rs.12,095.89 Lakhs, a decline from Rs.16,355.10 Lakhs in FY25.
Consolidated EBITDA
EBITDA turned around from a loss of Rs.233 Lakhs in FY25 to a profit of Rs.1,716 Lakhs in FY26, a swing of ~Rs.1,950 Lakhs.
Consolidated EBITDA Margin
EBITDA Margin improved from (1.43%) in FY25 to ~14.2% in FY26, achieved through decisive cost actions.
Consolidated PAT
PAT turned positive at Rs.697 Lakhs in FY26, compared to a loss of Rs.1,165 Lakhs in FY25.
Management forward view
FY26 Strategic Shift
Management prioritized high-quality, profitable projects over volume, focusing on execution excellence and risk-adjusted returns in FY26.
Future Growth Trajectory
The company is on a 'Transformation Journey' from 'Scale' (FY25) to 'Optimize' (FY26) to 'Accelerate' (FY27+) for scalable revenue growth.
Humro Market Penetration
Initial successes with Fortune 50 companies are expected to drive large-scale rollouts across their warehouse networks.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Consolidated Revenue Growth | Declined 26% YoY in FY26. | Reversal of revenue decline and achievement of 'scalable revenue growth' in FY27+ as per management's stated strategy. |
| Humro Deployments & Revenue Conversion | Early deployments with Fortune 50 companies; Rs.36 Cr order book (lease model over 3 years); Rs.60 Cr pipeline in outright sales. | Conversion of initial deployments into large-scale rollouts and realization of the outright sales pipeline. |
| US Strategic Partnership Finalization | Advanced discussions for a strategic partnership in the United States. | Finalization of the partnership and its tangible impact on US market growth and reduced delivery lead times. |
| Order Book Growth & Execution | Rs.12,716 Lakhs as on 31 May 2026, with Rs.1,955 Lakhs new bookings in Q1 FY27. | Consistent growth in new bookings and efficient execution of the existing order book to support future revenue. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
50Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 7th percentile of the scored universe and 5th percentile within Industrials. Main check: results consistency is weak at 26/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
32 docs text-extracted · 4 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
7th percentile
overall median 67 · Industrials: 5th pctile, median 68 · Small: 9th pctile, median 66
Evidence depth
Financial-only
32 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
60
acceptable · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
52
watch · capital discipline
Results
26
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
Trust risks
- ▸Promoter holding fell 5.7%.
- ▸Only 1 years of positive FCF.
- ▸ROE is low at 6.6%.
- ▸0/4 latest quarters had positive YoY revenue growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Affordable Robotic & Automation Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 3 Jun - FY26 consolidated PAT ₹697 lakh, EBITDA ₹1,716 lakh; order book ₹12,716 lakh, Humro investment ₹48 crore.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 May - FY26 audited results show consolidated PAT of Rs 697 lakh; ARAPL RAAS announced Rs 48 crore strategic investment.
Source: Bse
Announcement
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 29 Apr
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.