Artefact Project

Who are the top shareholders of the Artefact Project?

The top shareholders of the Artefact Project are Pankaj Balkrishna Shah with 13.37%, Mahendra Girdharilal with 3.91%, and individual investors holding a combined 47.97%. There are no institutional holdings or pledged promoter shares.

The top shareholders of the Artefact Project include Pankaj Balkrishna Shah, who holds the highest promoter stake at 13.37%. The highest public shareholder is Mahendra Girdharilal, with a holding of 3.91%. Additionally, individual investors collectively hold 47.97% of the company. There are no institutional holdings or pledged promoter shares reported.

What does Artefact Project do?

Artefact Projects Ltd is a consultancy firm specializing in infrastructure and project services, with a market cap of Rs 55 Cr and reported net sales of 13 Cr and net profit of 3 Cr for the quarter ending March 2025. The company has a P/E ratio of 7.00 and a debt-equity ratio of 0.10.

Overview: <BR>Artefact Projects Ltd is a consultancy firm specializing in infrastructure and specialized project services within the Commercial Services & Supplies industry, categorized as a Micro Cap company.<BR><BR>History: <BR>Artefact Projects Ltd was incorporated in 1987 and has been providing consultancy services since its inception. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>- Net Sales: 13 Cr (Quarterly Results - Mar 2025) <BR>- Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>- Market Cap: Rs 55 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 7.00 <BR>- Industry P/E: 34 <BR>- Dividend Yield: 0.00% <BR>- Debt-Equity: 0.10 <BR>- Return on Equity: 12.32% <BR>- Price to Book: 0.90 <BR><BR>Contact Details: <BR>Address: Artefact Towers Block-106 3-Fl, Chhattrapati Square Wardha Rd Nagpur Maharashtra : 440015 <BR>Tel: 91-712-3025120 <BR>Email: artefactnagpur@gmail.com/shareholde <BR>Website: http://www.artefactprojects.com

Who are in the management team of Artefact Project?

As of March 2023, the management team of Artefact Project consists of Siddharth P Shah (Whole-time Director), Ankita Manoj Shah (Non Executive Director), Kaustubh Paunikar (Independent Director), and Shourya Batta (Independent Director). Siddharth P Shah has a remuneration of Rs. 21.0 lacs, while the other directors do not have listed remuneration.

As of March 2023, the management team of Artefact Project includes the following individuals:<BR><BR>1. Siddharth P Shah - Whole-time Director<BR>2. Ankita Manoj Shah - Non Executive Director<BR>3. Kaustubh Paunikar - Independent Director<BR>4. Shourya Batta - Independent Director<BR><BR>Siddharth P Shah is the only member with a specified remuneration, which is Rs. 21.0 lacs. The other directors do not have any remuneration listed.

Has Artefact Project declared dividend?

Artefact Projects Ltd has declared a 7% dividend, amounting to 0.7 per share, with an ex-date of September 22, 2014. However, the dividend yield is 0%, as it has not contributed to returns in recent periods, despite significant price appreciation over the years.

Artefact Projects Ltd has declared a 7% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 7%<BR>- Amount per share: 0.7<BR>- Ex-date: 22 Sep 14<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -1.32%, the dividend return was 0%, resulting in a total return of -1.32%.<BR><BR>In the 1-year period, the price return was 11.05%, the dividend return was 0%, leading to a total return of 11.05%.<BR><BR>For the 2-year period, the price return was 32.23%, the dividend return was 0%, which resulted in a total return of 32.23%.<BR><BR>During the 3-year period, the price return was 40.11%, the dividend return was 0%, culminating in a total return of 40.11%.<BR><BR>In the 4-year period, the price return was 115.25%, the dividend return was 0%, giving a total return of 115.25%.<BR><BR>Over the 5-year period, the price return was 214.0%, the dividend return was 0%, resulting in a total return of 214.0%.<BR><BR>Overall, while Artefact Projects Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns over various periods show significant price appreciation, particularly over the longer term.

Who are the peers of the Artefact Project?

Peers of the Artefact Project include Firstsour.Solu., eClerx Services, RPSG Ventures, and others, with varying management and growth risks. Firstsour.Solu. leads in 1-year return at 96.58%, while Artefact Project's return is 5.88%.

Peers: The peers of the Artefact Project are Firstsour.Solu., eClerx Services, RPSG Ventures, Hinduja Global, DMR Hydroengg., We Win Ltd, Zodiac Vent., Walchand People, and One Point One.<BR><BR>Quality Snapshot: Excellent management risk is observed at eClerx Services, while Good management risk is found at Firstsour.Solu. and DMR Hydroengg., and the rest have Average or Below Average management risk. Excellent growth is noted at RPSG Ventures and One Point One, while Average growth is seen at eClerx Services, Firstsour.Solu., and DMR Hydroengg., and the rest have Below Average growth. Good capital structure is present at eClerx Services, Firstsour.Solu., DMR Hydroengg., and We Win Ltd, while the rest have Average or Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Firstsour.Solu. at 96.58%, while the lowest is Hinduja Global at -37.18%. Artefact Project's 1-year return is 5.88%, which is significantly lower than Firstsour.Solu. but higher than Hinduja Global. Additionally, DMR Hydroengg., We Win Ltd, Zodiac Vent., Walchand People, and Hinduja Global all have negative six-month returns.

Is Artefact Project overvalued or undervalued?

As of January 8, 2025, Artefact Project is considered very attractive and undervalued, with a PE ratio of 7.46, an EV to EBITDA of 9.19, and a PEG ratio of 0.19, significantly lower than its expensive peers, and has outperformed the Sensex with a 43.41% return compared to 3.91%.

As of 8 January 2025, the valuation grade for Artefact Project has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, supported by key ratios such as a PE ratio of 7.46, an EV to EBITDA of 9.19, and a PEG ratio of 0.19. These figures suggest that the stock is trading at a discount relative to its earnings growth potential.<BR><BR>In comparison to its peers, Artefact Project stands out with a much lower PE ratio than Rail Vikas, which is very expensive at 69.76, and Tube Investments, also very expensive at 87.5. The favorable valuation metrics, combined with a solid ROE of 12.32%, reinforce the conclusion that Artefact Project is undervalued in its sector. Additionally, the company's recent stock performance has outpaced the Sensex over the past month, returning 43.41% compared to the Sensex's 3.91%, further highlighting its attractiveness as an investment opportunity.

What is the technical trend for Artefact Project?

As of June 2, 2025, the technical trend for Artefact Project is mildly bearish, influenced by daily moving averages and mixed signals from MACD and Bollinger Bands.

As of 2 June 2025, the technical trend for Artefact Project has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are mildly bearish, reinforcing the current bearish stance. Bollinger Bands show a mildly bullish signal on the weekly but bearish on the monthly, adding to the uncertainty. The KST is mildly bullish weekly but bearish monthly, and there are no clear trends from Dow Theory. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and Bollinger Bands.

How big is Artefact Project?

As of 24th July, Artefact Projects Ltd has a market capitalization of 53.00 Cr, categorized as a Micro Cap, with recent Net Sales of 36.32 Cr and a Net Profit of 0.97 Cr. Data for Shareholder's Funds and Total Assets is unavailable.

As of 24th July, Artefact Projects Ltd has a market capitalization of 53.00 Cr, categorized as a Micro Cap.<BR><BR>For the latest 4 quarters, the company reported Net Sales of 36.32 Cr and a Net Profit of 0.97 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

How has been the historical performance of Artefact Project?

The historical performance of Artefact Project from 2011 to 2016 showed significant declines, with net sales dropping from 46.66 Cr in March 2015 to 29.81 Cr in March 2016, resulting in an operating loss and a profit after tax of -5.12 Cr. Key metrics like EPS also fell sharply from 3.40 to -9.26 during this period.

Answer:<BR>The historical performance of Artefact Project shows significant fluctuations in its financial metrics over the years, particularly from 2011 to 2016.<BR><BR>Breakdown:<BR>Artefact Project's net sales peaked at 46.66 Cr in March 2015 but dropped to 29.81 Cr by March 2016, reflecting a decline in revenue. The total operating income followed a similar trend, decreasing from 46.66 Cr in March 2015 to 29.81 Cr in March 2016. The company's total expenditure also decreased from 40.40 Cr in March 2015 to 30.41 Cr in March 2016, yet this was not sufficient to prevent an operating loss, with operating profit (PBDIT) falling from 7.96 Cr in March 2015 to a loss of 0.61 Cr in March 2016. Consequently, the profit before tax turned negative, dropping from 2.92 Cr in March 2015 to -4.69 Cr in March 2016, leading to a profit after tax of -5.12 Cr in March 2016, down from 1.90 Cr the previous year. The earnings per share (EPS) reflected this downturn, falling from 3.40 in March 2015 to -9.26 in March 2016. Cash flow from operating activities also saw a decline, moving from a positive 13.80 Cr in March 2015 to -4.64 Cr in March 2016, indicating a challenging financial environment for the company during this period.

When is the next results date for Artefact Projects Ltd?

The next results date for Artefact Projects Ltd is 11 February 2026.

The next results date for Artefact Projects Ltd is scheduled for 11 February 2026.

Are Artefact Projects Ltd latest results good or bad?

Artefact Projects Ltd's latest results are unfavorable, showing a declining revenue base with a negative 5-year sales CAGR of -0.85% and a low average ROE of 8.09%. The stock has also underperformed significantly, declining 7.34% in the past year and 33.14% over two years, indicating operational challenges despite a low P/E ratio of 6.77x.

Artefact Projects Ltd's latest results indicate a challenging financial situation. The company has experienced a negative 5-year sales compound annual growth rate (CAGR) of -0.85%, reflecting a contracting revenue base. Additionally, its average Return on Equity (ROE) stands at 8.09%, which is below industry standards, indicating weak capital efficiency.<BR><BR>In terms of stock performance, Artefact Projects has faced significant volatility. Over the past year, the stock has declined by 7.34%, and over the last two years, it has plummeted by 33.14%. This underperformance is stark compared to the broader market, as indicated by a negative alpha of 17.75% over the past year and 50.79% over the past two years.<BR><BR>The company's financial metrics also raise concerns. It has shown a dependency on non-operating income, with 50.90% of its profit before tax coming from such sources, which questions the sustainability of its earnings. Furthermore, the absence of institutional investors and a stable promoter holding of 39.09% without any pledging suggest limited confidence from professional investors.<BR><BR>Overall, while Artefact Projects has a deeply discounted valuation with a P/E ratio of 6.77x, the underlying operational challenges and persistent revenue decline indicate that the latest results are not favorable. The company appears to be in a "value trap," where attractive valuation metrics do not reflect the deteriorating fundamentals.

Should I buy, sell or hold Artefact Projects Ltd?

Why is Artefact Projects Ltd falling/rising?

As of 04-Mar, Artefact Projects Ltd's stock price is rising to 63.75, reflecting a 9.31% increase. This rise is driven by strong relative performance, a trend reversal after previous declines, and increased investor interest, despite some long-term concerns.

As of 04-Mar, Artefact Projects Ltd's stock price is rising, currently at 63.75, reflecting a change of 5.43 or 9.31% increase. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 12.21%, indicating strong relative performance in a challenging market environment where the engineering sector has declined by 2.91%. Additionally, the stock has experienced a trend reversal, gaining after five consecutive days of decline, which may signal renewed investor confidence.<BR><BR>The stock's performance over various periods also supports its rise; it has shown a year-to-date increase of 7.23%, while the benchmark Sensex has fallen by 7.16% during the same timeframe. Furthermore, the stock has demonstrated significant long-term growth, with a 50% increase over the past three years and a 79.32% rise over the last five years, outperforming the Sensex in both periods.<BR><BR>Investor participation appears to be increasing, with a notable rise in delivery volume by 70.11% compared to the five-day average, suggesting growing interest among investors. The stock is also trading at a discount compared to its peers' average historical valuations, which may attract more buyers.<BR><BR>Despite some concerns regarding long-term fundamental strength and profitability, the current positive momentum, strong short-term performance, and rising investor interest contribute to the stock's upward trajectory.

Which are the latest news on Artefact Project?