Art Nirman Ltd

Why is Art Nirman Ltd falling/rising?

As of 02-Sep, Art Nirman Ltd's stock price is at 40.25, down 1.11%, reflecting ongoing underperformance against the Sensex and a return of -17.25% over the past year. The company faces significant financial challenges, including operating losses and a poor ability to service debt, contributing to a downward trend in its stock price.

As of 02-Sep, Art Nirman Ltd's stock price is falling, currently at 40.25, reflecting a decrease of 0.45 or 1.11%. This decline is evident in the company's performance metrics, as it has consistently underperformed against the benchmark, the Sensex, over the last three years and has generated a return of -17.25% in the past year. <BR><BR>The stock's performance today indicates it has underperformed its sector by 1.06%. Additionally, the moving averages show that while the stock is higher than its 5-day moving average, it is lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a downward trend in the stock's price over a longer period. <BR><BR>Investor participation has also declined, with delivery volume falling by 28.42% compared to the 5-day average, indicating reduced interest from investors. Furthermore, the company is facing significant challenges, including operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -0.51. <BR><BR>Despite some positive factors, such as higher net sales in the latest six months and a fair valuation compared to peers, the overall financial health of the company remains weak, with a return on equity of only 2.64%. This combination of factors contributes to the stock's current downward trajectory.

Which are the latest news on Art Nirman Ltd?

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!

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 entity in 2016. As of June 2026, it reported net sales of 2 Cr and a market cap of INR 102 Cr.

Overview:<BR>Art Nirman Ltd operates in the realty industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated as "Vishnudhara Builders Private Limited" in 2011. It underwent several name changes, becoming "Art Nirman Private Limited" in October 2011. The company converted to a public entity on September 2, 2016. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 2 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 102 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 256.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.41 <BR>Return on Equity: 1.04% <BR>Price to Book: 2.64 <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

Who are the peers of the Art Nirman Ltd?

Peers of Art Nirman Ltd include Shri Krishna, V R Infraspace, and Landmark Prop., among others. Art Nirman Ltd has below-average growth and management risk, with a 1-year return of -16.74%, better than Dharan Infra-EPC but worse than Landmark Prop.

Peers: The peers of Art Nirman Ltd are Shri Krishna, V R Infraspace, Dharan Infra-EPC, Landmark Prop., Prerna Infra., Mega Nirman, Shantidoot Infra, Victoria Mills, Grovy India, and Shervani Indl Sy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shantidoot Infra, while Average management risk is found at V R Infraspace and Victoria Mills. Below Average management risk is seen at Shri Krishna, Art Nirman Ltd, Dharan Infra-EPC, Landmark Prop., Prerna Infra., Mega Nirman, and Grovy India. Growth is Excellent at V R Infraspace and Landmark Prop., while Good growth is noted at Mega Nirman and Grovy India. Below Average growth is present at Shri Krishna, Art Nirman Ltd, Dharan Infra-EPC, Prerna Infra., and Shervani Indl Sy. Capital Structure is Excellent at Mega Nirman and Grovy India, Good at Art Nirman Ltd and Prerna Infra., and Below Average at Shri Krishna, Dharan Infra-EPC, Landmark Prop., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Landmark Prop. at -12.59%, while Dharan Infra-EPC has the lowest at -65.12%. Art Nirman Ltd's 1-year return of -16.74% is better than Dharan Infra-EPC's but worse than Landmark Prop.'s. Additionally, the six-month return is negative for Dharan Infra-EPC and V R Infraspace.

How big is Art Nirman Ltd?

As of 31st August, Art Nirman Ltd has a market capitalization of 102.00 Cr, with recent Net Sales of 33.84 Cr and a Net Profit of 0.39 Cr. Shareholder's Funds are 37.29 Cr and Total Assets amount to 68.82 Cr as of March 2025.

As of 31st August, Art Nirman Ltd has a market capitalization of 102.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 33.84 Cr and a Net Profit of 0.39 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.

Should I buy, sell or hold Art Nirman Ltd?

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