Artefact Project

Why is Artefact Projects Ltd falling/rising?

As of 01-Sep, Artefact Projects Ltd's stock price is rising to Rs 54.13, reflecting a 4.08% increase after a trend reversal. However, it has declined 18.23% over the past year and faces challenges such as weak long-term fundamentals and falling investor participation.

As of 01-Sep, Artefact Projects Ltd's stock price is rising, currently at Rs 54.13, reflecting a change of Rs 2.12 or 4.08%. This increase comes after a trend reversal, as the stock has gained following two consecutive days of decline. Additionally, the stock has outperformed its sector by 2.28%, indicating a relative strength compared to its peers.<BR><BR>The stock reached an intraday high of Rs 55.47, marking a significant increase of 6.65% during the trading day. Despite this positive movement, it is important to note that the stock has experienced a decline of 18.23% over the past year and has underperformed the BSE500 index over various time frames, including the last three years.<BR><BR>While the stock is currently rising, it faces challenges such as falling investor participation, with delivery volume dropping by 68% compared to the five-day average. Furthermore, the company's long-term fundamentals are weak, evidenced by a low Return on Capital Employed (ROCE) of 5.5 and a significant decline in profits over the past year.<BR><BR>In summary, Artefact Projects Ltd is experiencing a short-term rise in its stock price, driven by a trend reversal and sector outperformance, despite ongoing concerns regarding its long-term performance and declining investor interest.

Who are in the management team of Artefact Project?

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).

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>If you need more information about their roles or the company, feel free to ask!

What does Artefact Project do?

Artefact Projects Ltd is a micro-cap consultancy firm specializing in infrastructure and project services across various sectors, with reported net sales of 3 Cr and net profit of 1 Cr for June 2026. The company has a market cap of INR 39 Cr and key financial metrics include a P/E ratio of 7.00 and a dividend yield of 0.89%.

Overview:<BR>Artefact Projects Ltd is a micro-cap company operating in the Commercial Services & Supplies industry, specializing in consultancy for infrastructure and specialized project services.<BR><BR>History:<BR>Artefact Projects Ltd was incorporated in 1987 and has been providing project services in various sectors including Highways, Urban Infrastructure, Airports, Mining Services, and Railways. The latest reported quarterly results indicate net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 3 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 39 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 7.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.89% <BR>Debt Equity: 0.18 <BR>Return on Equity: 7.47% <BR>Price to Book: 0.54 <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 the peers of the Artefact Project?

Peers of the Artefact Project include Dhruv Consultanc, We Win Ltd, Walchand People, Lex Nimble Solutions, Informed Technology, Invigorated Business, Platinumone Business, and DMR Engineering. The Artefact Project has below-average management and growth risks, with a 1-year return of -21.46%, worse than most peers.

Peers: The peers of the Artefact Project are Dhruv Consultanc, We Win Ltd, Walchand People, Lex Nimble Solu., Informed Techn., Invigorated Bus., Platinumone Bus., and DMR Engineering.<BR><BR>Quality Snapshot: Below Average management risk is observed at Dhruv Consultanc, We Win Ltd, Lex Nimble Solu., and Artefact Project, while Average management risk is found at Walchand People and Informed Techn. Good management risk is noted at DMR Engineering and Platinumone Bus. Below Average growth is seen at Dhruv Consultanc, We Win Ltd, Artefact Project, Lex Nimble Solu., and Informed Techn., while Good growth is observed at Walchand People. Average growth is noted at Platinumone Bus, and Invigorated Bus. The rest have varying qualifications. Capital Structure is Good for We Win Ltd, Lex Nimble Solu., and Platinumone Bus, Average for Artefact Project, and Below Average for Dhruv Consultanc, Informed Techn., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Invigorated Bus. at 2.29%, while Dhruv Consultanc has the lowest at -62.16%. Artefact Project's 1-year return of -21.46% is worse than both. Additionally, DMR Engineering and Invigorated Bus. have negative six-month returns.

Which are the latest news on Artefact Project?

How big is Artefact Project?

Summary could not be generated.

As of 14th August, <BR><BR>Market Cap: Artefact Projects Ltd has a market capitalization of 39.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 36.32 Cr, while the sum of Net Profit for the same period is 0.97 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is not specified, and the values for Shareholder's Funds and Total Assets are unavailable.

Should I buy, sell or hold Artefact Projects Ltd?

When is the next results date for Artefact Projects Ltd?

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

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

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.

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.

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.

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.