Art Nirman Ltd

Why is Art Nirman Ltd falling/rising?

As of 26-Jun, Art Nirman Ltd's stock price is rising to 42.09, up 4.6%, driven by positive market sentiment and recent strong financial results. However, investors should exercise caution due to the stock's significant long-term underperformance and weak financial fundamentals.

As of 26-Jun, Art Nirman Ltd's stock price is rising, currently at 42.09, reflecting a change of 1.85 (4.6%) upward. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 4.65% today, indicating positive market sentiment. Additionally, the company reported positive results for the last six months, with net sales reaching Rs 24.98 crore and the highest quarterly PBDIT at Rs 3.50 crore, which may have contributed to investor confidence.<BR><BR>However, it is important to note that despite the current rise, the stock has a history of underperformance. Over the past year, it has generated a return of -28.49%, and its profits have significantly declined by -73.9%. Furthermore, the company has shown weak long-term fundamental strength, with a -2.53% CAGR growth in net sales over the last five years and a poor EBIT to Interest ratio of -0.22, indicating challenges in servicing its debt.<BR><BR>While the stock is currently experiencing a rise, the overall context of its long-term performance and financial health suggests caution for investors.

Which are the latest news on Art Nirman Ltd?

Should I buy, sell or hold Art Nirman Ltd?

What does Art Nirman Ltd do?

Art Nirman Ltd is a micro-cap company in the realty industry, originally incorporated in 2011 and converted to a public company in 2016. As of March 2026, it reported net sales of 22 Cr and a market cap of INR 101 Cr.

Overview:<BR>Art Nirman Ltd operates in the realty industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Art Nirman Ltd was originally incorporated as "Vishnudhara Builders Private Limited" in 2011. The company underwent several name changes, becoming "Vishnudhara Buildcon Private Limited" and later "Art Nirman Private Limited." It converted to a public company on September 2, 2016. The most recent quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 22 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 101 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 189.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.41<BR>- Return on Equity: 1.38%<BR>- Price to Book: 2.69<BR><BR>Contact Details:<BR>Address: 14 JBR Arcade 2nd Floor, Nr R K Royal Hall Science City Ahmedabad Gujarat : 380060<BR>Tel: 91-8866404499<BR>Email: info@artnirman.com<BR>Website: http://www.artnirman.com

How big is Art Nirman Ltd?

As of 10th June, Art Nirman Ltd has a market capitalization of 101.00 Cr, with recent net sales of 33.23 Cr and a net profit of 0.52 Cr. Shareholder's funds are 37.29 Cr and total assets amount to 68.82 Cr as of March 2025.

As of 10th June, Art Nirman Ltd has a market capitalization of 101.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 33.23 Cr and a Net Profit of 0.52 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 37.29 Cr and Total Assets of 68.82 Cr.

Who are in the management team of Art Nirman Ltd?

The management team of Art Nirman Ltd includes Ashokkumar Thakker (Chairman & Managing Director), Piyush Thakkar (Executive Director), Dharmishthaben Thakkar (Director), Krunal Mistry, Hemang K Shah, and Chintan Bhatt (all Independent Directors), and Yesha Yatishbhai Shah (Company Secretary & Compliance Officer).

The management team of Art Nirman Ltd includes the following individuals:<BR><BR>1. **Ashokkumar Thakker** - Chairman & Managing Director<BR>2. **Piyush Thakkar** - Executive Director<BR>3. **Dharmishthaben Thakkar** - Director<BR>4. **Krunal Mistry** - Independent Director<BR>5. **Yesha Yatishbhai Shah** - Company Secretary & Compliance Officer<BR>6. **Hemang K Shah** - Independent Director<BR>7. **Chintan Bhatt** - Independent Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Art Nirman Ltd?

Art Nirman Ltd's peers include Thakkers Development, Standard Industries, Mahendra Realtor, and others, with varying management risks and growth rates. Its 1-year return is -31.99%, better than Dharan Infra-EPC's -60.53% but worse than Mahendra Realtor's 0.00%.

Peers: The peers of Art Nirman Ltd are Thakkers Develp., Standard Inds., Mahendra Realtor, Dharan Infra-EPC, Virya Resources, Shantidoot Infra, Radhe Develop., Garnet Construct, and Prerna Infra.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shantidoot Infra, while Good management risk is found at Mahendra Realtor and Virya Resources. Average management risk is present at Standard Inds., and Below Average management risk is noted at Thakkers Develp., Art Nirman Ltd, Dharan Infra-EPC, Radhe Develop., Garnet Construct, and Prerna Infra. Growth is Good at Shantidoot Infra and Radhe Develop., while Average growth is seen at Standard Inds. and Below Average growth is noted at Thakkers Develp., Art Nirman Ltd, Mahendra Realtor, Dharan Infra-EPC, Virya Resources, Garnet Construct, and Prerna Infra. Capital Structure is Excellent at Thakkers Develp. and Standard Inds., Good at Art Nirman Ltd and Virya Resources, while Below Average is observed at Dharan Infra-EPC and Radhe Develop.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mahendra Realtor at 0.00%, while the peer with the lowest is Dharan Infra-EPC at -60.53%. Art Nirman Ltd's 1-year return of -31.99% is better than Dharan Infra-EPC but worse than Mahendra Realtor. Additionally, peers with negative six-month returns include Dharan Infra-EPC and Mahendra Realtor.

Are Art Nirman Ltd latest results good or bad?

Art Nirman Ltd's latest results show strong revenue growth of 152.02% year-on-year, but a significant decline in net profit by 88.31% raises concerns about profitability due to rising interest costs and contracting margins. Overall, while revenue growth is positive, the financial health of the company appears troubling.

Art Nirman Ltd's latest results present a mixed picture. On one hand, the company achieved a remarkable revenue growth of 152.02% year-on-year in Q4 FY26, with net sales reaching ₹22.48 crores, a significant increase from the previous year's ₹8.92 crores. This surge indicates strong project execution momentum.<BR><BR>However, the net profit for the same quarter was only ₹0.09 crores, reflecting a drastic decline of 88.31% compared to the previous year. This sharp drop in profitability is primarily due to a significant increase in interest costs, which surged by 206.54% year-on-year to ₹3.28 crores. Consequently, the profit after tax margin fell to a mere 0.40%, down from 8.63% a year ago, highlighting serious concerns about the company's financial health.<BR><BR>Additionally, the operating margin also contracted to 15.57% from 20.29% year-on-year, suggesting that while revenues are increasing, the costs associated with project execution are rising at a troubling rate.<BR><BR>Overall, while the revenue growth is a positive sign, the substantial decline in profitability and rising debt burden raise significant red flags about the sustainability of this growth. Investors may view the results as concerning, given the company's high valuation metrics and the challenges it faces in maintaining profitability amidst increasing costs.

How has been the historical performance of Art Nirman Ltd?

Art Nirman Ltd has experienced significant financial fluctuations, with net sales peaking at 85.06 Cr in Mar'21 before declining to 27.39 Cr by Mar'25, while operating profit and profits before and after tax improved from losses in Mar'22 to gains by Mar'25. However, total liabilities increased, and cash flow from operating activities turned negative by Mar'25.

Answer:<BR>The historical performance of Art Nirman Ltd shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Art Nirman Ltd's net sales have experienced considerable volatility, peaking at 85.06 Cr in Mar'21 before declining to 27.39 Cr by Mar'25. The total operating income followed a similar trend, with a high of 85.06 Cr in Mar'21 and dropping to 27.39 Cr in Mar'25. The raw material costs have also varied, reaching a low of 5.78 Cr in Mar'21 and increasing to 21.15 Cr in Mar'25. Operating profit (PBDIT) saw a decline to -9.90 Cr in Mar'22 but rebounded to 3.68 Cr by Mar'25. Profit before tax improved from a loss of -11.01 Cr in Mar'22 to a profit of 1.97 Cr in Mar'25, while profit after tax showed a similar recovery, moving from -11.00 Cr in Mar'22 to 1.99 Cr in Mar'25. The company's total liabilities increased from 44.98 Cr in Mar'22 to 68.82 Cr in Mar'25, reflecting a rise in long-term borrowings. Cash flow from operating activities turned negative at -13.00 Cr in Mar'25, contrasting with a positive cash flow of 19.00 Cr in Mar'21. Overall, Art Nirman Ltd has shown a challenging financial trajectory with periods of both significant loss and recovery.

Is Art Nirman Ltd overvalued or undervalued?

As of May 27, 2025, Art Nirman Ltd is considered very expensive with a PE Ratio of 78.48 and an EV to EBITDA of 47.47, indicating it is overvalued compared to its peers despite recent strong stock performance.

As of 27 May 2025, the valuation grade for Art Nirman Ltd has moved from expensive to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued based on its financial metrics. Key ratios include a PE Ratio of 78.48, an EV to EBITDA of 47.47, and a Price to Book Value of 4.43, all of which suggest that the stock is trading at a premium compared to its earnings and assets.<BR><BR>In comparison to its peers, Art Nirman Ltd's PE Ratio is notably higher than the industry average, which raises concerns about its valuation sustainability. For instance, while Art Nirman has a PEG Ratio of 1.10, other companies in the realty sector may offer more attractive valuations. Recent stock performance shows that Art Nirman has outperformed the Sensex over the past week and month, with returns of 25.74% and 54.2%, respectively, but this may not be enough to justify its very expensive valuation in the long term.

What is the technical trend for Art Nirman Ltd?

As of May 21, 2025, Art Nirman Ltd's technical trend is mildly bearish, with mixed signals from indicators like the weekly MACD and Bollinger Bands showing bullish signs, while daily moving averages and the monthly MACD indicate short-term weakness.

As of 21 May 2025, the technical trend for Art Nirman Ltd has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands show bullish signals on both weekly and monthly time frames. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The KST is mildly bullish on the weekly chart but bearish monthly, and the OBV reflects a mildly bullish trend weekly while being bearish monthly. Overall, the current technical stance is mildly bearish, with key indicators like the daily moving averages and monthly MACD contributing to this view.

Who are the top shareholders of the Art Nirman Ltd?

The top shareholder of Art Nirman Ltd is Ashokkumar Raghuram Thakker, holding 66.75%, followed by public shareholder Ajaykumar Jamnalal Pujara with 3.43%. Individual investors own 22.68% of the shares, with no mutual funds or foreign institutional investors involved.

The top shareholders of Art Nirman Ltd are primarily the promoters, with Ashokkumar Raghuram Thakker holding the largest stake at 66.75%. The highest public shareholder is Ajaykumar Jamnalal Pujara, who owns 3.43%. Additionally, individual investors collectively hold 22.68% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

When is the next results date for Art Nirman Ltd?

No Upcoming Board Meetings

Has Art Nirman Ltd declared dividend?

No Dividend History Available