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Art Nirman Limited ARTNIRMAN NSE

Real Estate · Real Estate - Development · India
https://www.artnirman.com
Company Profile ↓
₹41.75
-24.09% 1Y
Mkt Cap₹104.19 Cr
P/E81.86
P/B2.50
52W High₹64.27
52W Low₹29.39
Book Value₹16.68
EPS (TTM)₹0.51

Company Overview

Art Nirman Limited engages in the real estate development and allied activities in India. The company is involved in the construction and development of residential, commercial, and plotting projects. It also engages in the construction and development of office spaces, showrooms, and shops. In addition, it offers maintenance services. The company was formerly known as Vishnudhara Buildcon Private Limited and changed its name to Art Nirman Limited in October 2011. The company was incorporated in 2011 and is based in Ahmedabad, India.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 39.4% per year over the last five years.

Healthy Margins

Operating margin of 15.1% supports profitability.

Recent Developments

  • Mar 2025 Revenue of ₹27.39 Cr (-20.1% YoY); net profit ₹1.99 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +151.9%, earnings -87.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR -9.3%, profit CAGR 39.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-9.26%
1 Year:151.90%

Compounded Profit Growth

5 Years:39.37%
1 Year:-87.10%

Stock Price Performance

1 Year:-24.09%
6 Months:+1.02%
3 Months:+3.09%
1 Month:+5.08%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 35% of range
₹29.39 ₹64.27
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMABelow
  • RSI (14)57.80 · Neutral
Price Performance
1M+5.08%
3M+3.09%
6M+1.02%
1Y-24.09%
Valuation vs Sector

P/E of 81.86 is above the sector median of 28.78 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Profit CAGR of 39.4% over 5 years.

CONS

  • Trading at a high P/E of 81.9.
  • Revenue declined at -9.3% CAGR over 5 years.
  • Trading 35.0% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
81.86
Industry PE
28.78
Forward P/E est.
163.72
PEG Ratio
-
Book Value
₹16.68
Price to Book
2.50
P/S
3.13
EV/EBITDA
32.13
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-9.26%
Profit 5Y
39.37%
Revenue (YoY)
151.90%
Earnings (YoY)
-87.10%

Profitability & Returns

ROCE
5.29%
ROE
1.40%
ROA
2.65%
Profit Margin
1.56%
Op Margin
15.14%
Gross Margin
-
EPS (Latest Qtr)
₹0.03
EPS (TTM)
₹0.51

Balance Sheet & Liquidity

Debt/Equity
1.96
Quick Ratio
0.86
Current Ratio
4.48
Debt
₹72.96 Cr
Total Assets
₹88.12 Cr
Current Assets
₹83.21 Cr
Working Capital
₹52.26 Cr

Ownership

Promoter Holding
-
Chg in Prom Hold
-
FII / Inst Holding
-
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹104.19 Cr
Total Revenue (TTM)
₹33.24 Cr
EBITDA
₹4.95 Cr
Free Cash Flow
₹-50.90 Cr
Operating Cash Flow
₹-47.30 Cr
Shares Outstanding
₹2.50 Cr
Gross Margin
-
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Real Estate).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ARTNIRMAN Art Nirman Limited NSE 41.75 81.86 ₹104.19 Cr 0.00% 5.29% 1.40% -9.26% 39.37%
2 ANANTRAJ Anant Raj Limited NIFTY_SMALLNSE 617.40 39.13 ₹22,218.80 Cr 0.16% 10.39% 11.18% 37.94% 54.47%
3 ABREL Aditya Birla Real Estate Limited NIFTY_SMALLNSE 1,390.80 -47.05 ₹15,379.17 Cr 0.18% -5.19% -8.91% -52.60% -45.99%
4 ASHIANA Ashiana Housing Limited NSE 381.80 31.82 ₹3,838.04 Cr 0.65% 9.61% 14.52% 41.96% 61.71%
5 AGIIL AGI Infra Limited NSE 304.35 39.22 ₹3,804.30 Cr 0.03% 18.14% 24.34% 13.50% 25.39%
6 ARVSMART Arvind SmartSpaces Limited NSE 603.30 28.78 ₹2,767.15 Cr 0.99% 11.80% 12.14% 31.91% 55.59%
7 ARKADE ARKADE DEVELOPERS LIMITED NSE 139.75 481.90 ₹2,594.65 Cr 1.42% 0.90% 0.60% 55.02% -52.68%
8 AJMERA Ajmera Realty & Infra India Limited NSE 123.47 16.20 ₹2,429.84 Cr 0.69% 13.50% 11.05% 36.25% 27.96%
9 ALEMBICLTD Alembic Limited NSE 86.66 7.01 ₹2,225.27 Cr 2.75% 6.07% 13.27% 24.79% 18.52%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue 4.50 Cr8.92 Cr1.50 Cr6.75 Cr2.50 Cr
Cost of Revenue -1.69 L-1.69 Cr-3.83 Cr-3.19 Cr-8.23 Cr
Gross Profit 4.52 Cr10.61 Cr5.33 Cr9.95 Cr10.73 Cr
Operating Expenses 4.36 Cr8.89 Cr5.49 Cr8.73 Cr10.72 Cr
Operating Income 15.82 L1.73 Cr-16.10 L1.22 Cr1.55 L
EBITDA 46.01 L1.86 Cr9.38 L1.39 Cr22.17 L
Interest Expense 1.91 L1.02 Cr2.64 L83.68 L3.99 L
Pretax Income 27.80 L74.73 L-7.21 L43.39 L6.88 L
Tax Provision 0-2.66 L000
Net Income 27.80 L77.39 L-7.21 L43.39 L6.88 L
Diluted EPS 0.11--0.030.170.03

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Revenue 36.65 Cr19.72 Cr34.29 Cr27.39 Cr
Cost of Revenue 36.37 Cr9.03 Cr19.69 Cr-1.94 Cr
Gross Profit 27.69 L10.69 Cr14.60 Cr29.33 Cr
Operating Expenses 10.90 Cr10.42 Cr13.20 Cr26.63 Cr
Operating Income -10.62 Cr26.43 L1.40 Cr2.69 Cr
EBITDA -9.84 Cr99.68 L2.34 Cr3.62 Cr
Interest Expense 45.17 L20.44 L51.96 L1.07 Cr
Pretax Income -11.01 Cr8.36 L1.15 Cr1.97 Cr
Tax Provision -1.17 L-2.86 L-3.26 L-2.66 L
Net Income -11.00 Cr11.22 L1.18 Cr1.99 Cr
Diluted EPS -4.410.040.470.80

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets 44.98 Cr51.89 Cr53.18 Cr68.82 Cr
Current Assets 37.68 Cr45.52 Cr46.22 Cr63.69 Cr
Cash & Equivalents 5.15 Cr19.64 L47.64 L10.06 L
Inventory 8.23 Cr14.31 Cr19.12 Cr42.21 Cr
Receivables 17.96 Cr23.01 Cr3.32 Cr2.49 Cr
Total Liabilities 10.98 Cr17.77 Cr17.88 Cr31.53 Cr
Current Liabilities 5.32 Cr10.68 Cr11.59 Cr11.43 Cr
Long Term Debt 12.93 L2.43 Cr2.82 Cr17.96 Cr
Total Debt 22.71 L2.53 Cr2.92 Cr18.06 Cr
Total Equity 34.00 Cr34.12 Cr35.29 Cr37.29 Cr
Shares Outstanding 2.50 Cr2.50 Cr2.50 Cr2.50 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow 9.30 Cr-7.30 Cr1.59 Cr-13.41 Cr
Investing Cash Flow -6.46 L25.02 L-1.13 Cr-41.93 L
Financing Cash Flow -5.17 Cr2.09 Cr-17.55 L13.45 Cr
Capital Expenditure -1.46 L-1.23 L-1.48 L-3.22 L
Free Cash Flow 9.29 Cr-7.31 Cr1.57 Cr-13.44 Cr
Net Change in Cash 4.06 Cr-4.96 Cr28.00 L-37.58 L

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025
Gross Margin % 0.8%54.2%42.6%107.1%
Operating Margin % -29.0%1.3%4.1%9.8%
Net Margin % -30.0%0.6%3.4%7.3%
ROE % -32.3%0.3%3.3%5.3%
ROCE % -26.8%0.6%3.4%4.7%

Analyst View

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Latest News

Recent headlines for ARTNIRMAN

Google News Mon, 03 Aug 2026

Art Nirman Ltd sees Krunal Mistry step down as Independent Director - scanx.trade

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Google News hu, 25 Jun 2026

Momentum Stocks: A B Infrabuild, Art Nirman, Chamunda Electricals rise up to 12% on sheer momentum - Moneycontrol.com

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Google News Sun, 31 Dec 2023

ARTNIRMAN Stock Price and Chart — NSE:ARTNIRMAN - TradingView

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Google News ue, 21 Jul 2026

Art Nirman promoters hold 1.84 crore shares unencumbered in FY26 - scanx.trade

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Google News Fri, 25 Apr 2025

Art Nirman Ltd (NSE:ARTNIRMAN) Share Price - Morningstar Australia

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Google News Fri, 25 Mar 2022

Art Nirman Ltd. Share Price Today | Art Nirman Live NSE/BSE - Value Research

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ARTNIRMAN — Frequently Asked Questions

What is the current share price of Art Nirman Limited (ARTNIRMAN)?

As of 2026-08-07 06:31 IST, Art Nirman Limited (ARTNIRMAN) trades at ₹41.75 on NSE. Its 52-week range is ₹29.39 to ₹64.27.

What is the market capitalisation of ARTNIRMAN?

Art Nirman Limited (ARTNIRMAN) has a market capitalisation of ₹104.19 Cr on NSE.

What is the P/E ratio of ARTNIRMAN?

ARTNIRMAN trades at a trailing price-to-earnings (P/E) ratio of 81.86. The industry average P/E is 28.78. Its price-to-book (P/B) ratio is 2.50.

What is the return on equity (ROE) of ARTNIRMAN?

ARTNIRMAN has a return on equity (ROE) of 1.40%. Its return on capital employed (ROCE) is 5.29%.

Is ARTNIRMAN a good stock to buy?

This page provides a data-driven analysis of Art Nirman Limited (ARTNIRMAN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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