Stox
10
Art Nirman Limited
NSE: ARTNIRMAN · Unclassified
₹36.96-0.99%06 Nov 2026
Ask the data
Instant answers about Art Nirman Limited — computed from its filings, no language modelMarket cap₹92 cr
Current price₹36.96
High / Low₹64 / ₹29
P/E—
P/B2.49
Book value₹14.8
ROE-0.2%
ROCE2.4%
Debt / equity2.87
Dividend yield—
EPS (TTM)₹-0.03
Face value₹10
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | 36.8 | 19.7 | 34.3 | 27.4 | 33.2 |
| EBITDA | -9.9 | 1.0 | 2.0 | 3.3 | 5.0 |
| Operating margin | -26.9% | 4.9% | 5.9% | 12.0% | 14.9% |
| Interest | 0.5 | 0.2 | 0.6 | 1.1 | 4.2 |
| Depreciation | 0.7 | 0.7 | 0.7 | 0.6 | 0.5 |
| Profit before tax | -11.0 | 0.1 | 1.1 | 2.0 | 0.7 |
| Tax | -0.0 | -0.0 | -0.0 | -0.0 | 0.1 |
| Net profit | 0.0 | 0.1 | 1.2 | 2.0 | 0.5 |
| EPS ₹ | -4.41 | 0.04 | 0.47 | 0.80 | 0.21 |
| Operating cash flow | 9.3 | -7.3 | 1.6 | -14.0 | -47.3 |
| Capex | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Dividend paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total assets | — | 45.0 | 53.2 | 68.8 | 142.4 |
| Equity | — | 34.0 | 35.3 | 37.3 | 37.2 |
Quarterly performance
last 21 quarters · ₹ crore| SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.2 | 2.6 | 6.4 | 0.3 | 6.7 | 1.0 | 11.7 | 5.2 | 11.9 | 3.8 | 13.4 | 5.5 | 8.5 | 4.5 | 8.9 | 1.5 | 6.8 | 2.5 | 22.5 | 2.1 | 4.3 |
| Operating profit | -1.1 | -2.6 | -3.3 | 0.1 | 0.1 | 0.1 | 0.7 | 0.2 | 0.8 | 0.2 | 0.8 | 0.5 | 0.6 | 0.3 | 1.8 | -0.0 | 1.3 | 0.1 | 3.5 | -0.1 | -0.1 |
| Operating margin | -4.2% | -102.0% | -51.6% | 16.7% | 2.1% | 6.9% | 6.1% | 4.0% | 6.9% | 6.1% | 5.8% | 9.3% | 7.4% | 7.1% | 20.4% | -1.3% | 19.9% | 5.2% | 15.6% | -3.8% | -1.9% |
| Other income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Interest | 0.0 | 0.0 | 0.4 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.6 | 0.0 | 0.0 | 0.0 | 1.1 | 0.0 | 0.8 | 0.0 | 3.3 | 0.0 | 0.0 |
| Depreciation | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Profit before tax | -1.2 | -2.8 | -3.8 | -0.1 | -0.0 | -0.1 | 0.4 | 0.2 | 0.7 | 0.1 | 0.2 | 0.4 | 0.5 | 0.3 | 0.8 | -0.1 | 0.4 | 0.1 | 0.2 | -0.2 | -0.1 |
| Tax | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
| Net profit | -1.2 | 0.0 | 0.0 | -0.1 | -0.0 | -0.1 | 0.4 | 0.2 | 0.7 | 0.1 | 0.2 | 0.4 | 0.5 | 0.3 | 0.8 | -0.1 | 0.4 | 0.1 | 0.1 | -0.2 | -0.1 |
| EPS ₹ | -0.49 | -1.12 | -1.53 | -0.10 | -0.02 | -0.04 | 0.16 | 0.08 | 0.27 | 0.03 | 0.09 | 0.16 | 0.21 | 0.11 | 0.31 | -0.03 | 0.17 | 0.03 | 0.04 | 0.06 | -0.03 |
| Revenue YoY | — | — | — | — | -73.4% | -60.2% | 81.4% | 1640.0% | 77.8% | 267.6% | 14.6% | 5.4% | -29.2% | 20.0% | -33.3% | -72.7% | -20.2% | -44.4% | 152.0% | 40.7% | -36.6% |
| Profit YoY | — | — | — | — | — | — | — | — | — | — | -43.6% | 115.8% | -20.9% | 250.0% | 250.0% | -117.1% | -18.9% | -75.0% | -88.3% | — | -118.6% |
Returns & margins
trailing-twelve-month, per quarter| JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | -0.5% | -0.8% | 0.3% | 1.3% | 3.3% | 3.8% | 3.3% | 3.9% | 3.4% | 4.0% | 5.3% | 4.0% | 3.7% | 3.2% | 1.4% | 1.2% | -0.2% |
| ROCE | — | -17.8% | -10.4% | 0.8% | 1.8% | 3.7% | 4.2% | 4.4% | 5.1% | 4.0% | 4.5% | 5.6% | 4.8% | 5.8% | 5.5% | 4.4% | 4.3% | 2.4% |
| Net margin | -3.9% | -1.1% | -1.9% | 0.6% | 1.7% | 3.8% | 4.1% | 3.4% | 4.0% | 4.0% | 4.5% | 7.3% | 6.5% | 6.5% | 6.1% | 1.6% | 1.3% | -0.3% |
| EBITDA margin | -20.1% | -35.8% | -21.1% | 4.9% | 4.6% | 6.1% | 6.0% | 5.9% | 6.8% | 6.9% | 7.0% | 12.0% | 11.8% | 16.0% | 16.6% | 14.9% | 14.5% | 11.1% |
| Debt / equity | — | 0.06 | 0.06 | 0.01 | 0.01 | 0.02 | 0.02 | 0.08 | 0.08 | 0.24 | 0.24 | 0.48 | 0.48 | 0.53 | 0.53 | 1.96 | 1.96 | 2.87 |
| Interest coverage | -19.46 | -16.44 | -9.56 | 1.38 | 2.90 | 6.29 | 7.19 | 2.98 | 3.33 | 3.02 | 3.27 | 2.74 | 2.31 | 1.71 | 1.60 | 1.16 | 1.13 | 1.01 |
| Asset turnover | — | 0.33 | 0.30 | 0.44 | 0.55 | 0.61 | 0.66 | 0.64 | 0.65 | 0.52 | 0.54 | 0.40 | 0.34 | 0.25 | 0.22 | 0.23 | 0.24 | 0.20 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Share capital | 25.0 | 25.0 | 25.0 | 25.0 | 25.0 | 25.0 | 25.0 | 25.0 | 25.0 |
| Other equity / reserves | 8.9 | 9.1 | 10.0 | 10.3 | 11.3 | 12.3 | 12.7 | 12.3 | 12.1 |
| Total equity | 33.8 | 34.0 | 35.0 | 35.3 | 36.2 | 37.3 | 37.6 | 37.2 | 37.0 |
| Borrowings | 2.1 | 0.2 | 0.6 | 2.9 | 8.6 | 18.1 | 19.8 | 73.0 | 106.3 |
| Current liabilities | 7.4 | 5.3 | 9.7 | 11.6 | 11.7 | 11.4 | 30.1 | 30.7 | 12.7 |
| Non-current liabilities | 6.7 | 5.7 | 4.7 | 6.3 | 11.3 | 20.1 | 20.4 | 74.4 | 107.1 |
| Total assets | 48.0 | 45.0 | 49.3 | 53.2 | 59.3 | 68.8 | 88.1 | 142.4 | 156.8 |
| Property, plant & equipment | 6.1 | 6.5 | 5.5 | 5.1 | 4.8 | 4.6 | 4.3 | 4.1 | 3.9 |
| Capital work-in-progress | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investments | 0.0 | 0.3 | 0.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Inventories | 11.3 | 8.2 | 16.5 | 19.1 | 30.5 | 42.2 | 56.9 | 75.4 | 96.7 |
| Receivables | 19.7 | 18.0 | 16.2 | 3.3 | 3.0 | 2.5 | 1.6 | 19.4 | 0.4 |
| Cash & equivalents | 0.2 | 5.2 | 0.5 | 0.5 | 0.7 | 0.1 | 0.8 | 2.6 | 4.0 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | 9.3 | -7.3 | 1.6 | -14.0 | -47.3 |
| Cash from investing | -0.0 | 0.2 | -1.1 | 0.2 | -0.9 |
| Cash from financing | -5.2 | 2.1 | -0.2 | 13.5 | 50.7 |
| Capex | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Free cash flow | 9.3 | -7.3 | 1.6 | -14.1 | -47.3 |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Where the assets sit
Sep '26 · ₹ croreFixed assets (PPE)₹3.9 cr2%
Inventories₹96.7 cr62%
Receivables₹0.4 cr0%
Cash & equivalents₹4.0 cr3%
Other assets₹51.9 cr33%
Peer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| Art Nirman Limited | 92 | 36.96 | — | 2.49 | -0.2% |
StoxGud checklist: Bearish setup · 1/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month-7.9%
6 months-17.8%
1 year-22.4%
3Y CAGR-8.0%
5Y CAGR-8.7%
10Y CAGR+2.8%
50-day avg₹39.19
200-day avg₹40.68
RSI (14)46
FAQs
What is the share price of Art Nirman Limited?
Art Nirman Limited (ARTNIRMAN) closed at ₹36.96 on NSE on 06 Nov 2026.
What is the market cap of Art Nirman Limited?
₹92 crore at the latest close.
How fast is Art Nirman Limited growing?
Art Nirman Limited: revenue has compounded at 19.0% a year over three years; net profit at 67.8% a year. Latest-quarter revenue is down 36.6% year on year, profit down 118.6%.
How profitable is Art Nirman Limited?
On a trailing-twelve-month basis return on equity is -0.2%, return on capital employed 2.4%, operating margin 11.1%, net margin -0.3%.
How much debt does Art Nirman Limited have?
Art Nirman Limited is highly geared: debt to equity is 2.87 with borrowings of ₹106 cr against cash of ₹4 cr (balance sheet of 2026-09-30). Operating profit covers interest 1.0 times.
Financials parsed from Art Nirman Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from SEP '21, annual from FY22, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.
Art Nirman Limited · advanced chart