Art Nirman Ltd

Art Nirman Ltd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Art Nirman Ltd

₹ 39.5 -2.42%
02 Mar - close price
artnirman.com NSE: ARTNIRMAN
About

Incorporated in 2011, Art Nirman Ltd is in the business of real estate development and allied activities[1]

Key Points

Business Overview:[1]
ANL in the business of infrastructure and real estate development in residential, commercial and Plotting projects. Its residential projects range from Affordable housing to luxurious flat and towers and luxorious bungalows. Company's commercial projects comprise premium office spaces and showrooms and shops

Website NSE
  • Market Cap ₹ 98.5 Cr.
  • Current Price ₹ 39.5
  • High / Low ₹ 72.5 / 36.7
  • Stock P/E 82.1
  • Book Value ₹ 15.1
  • Dividend Yield 0.00 %
  • ROCE 6.63 %
  • ROE 5.48 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Debtor days have improved from 165 to 33.2 days.

Cons

  • Stock is trading at 2.62 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -15.1% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 3.12% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Realty Realty Residential, Commercial Projects

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Quarterly Results

Figures in Rs. Crores

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
1.02 11.68 5.22 11.95 3.75 13.38 5.50 8.46 4.50 8.92 1.50 6.75 2.50
0.95 10.96 5.01 11.14 3.52 12.59 4.99 7.83 4.18 7.10 1.52 5.40 2.37
Operating Profit 0.07 0.72 0.21 0.81 0.23 0.79 0.51 0.63 0.32 1.82 -0.02 1.35 0.13
OPM % 6.86% 6.16% 4.02% 6.78% 6.13% 5.90% 9.27% 7.45% 7.11% 20.40% -1.33% 20.00% 5.20%
0.00 0.02 0.16 0.03 0.02 0.12 0.08 0.09 0.14 0.09 0.12 0.05 0.09
Interest 0.00 0.20 0.01 0.00 0.00 0.56 0.02 0.02 0.02 1.07 0.03 0.84 0.04
Depreciation 0.18 0.18 0.17 0.17 0.17 0.16 0.16 0.16 0.16 0.09 0.14 0.12 0.11
Profit before tax -0.11 0.36 0.19 0.67 0.08 0.19 0.41 0.54 0.28 0.75 -0.07 0.44 0.07
Tax % 0.00% -8.33% 0.00% 0.00% 0.00% -15.79% 0.00% 0.00% 0.00% -4.00% 0.00% 0.00% 0.00%
-0.11 0.39 0.19 0.67 0.08 0.22 0.41 0.53 0.28 0.77 -0.07 0.43 0.07
EPS in Rs -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
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
0.00 0.00 24.31 25.46 34.51 18.89 62.12 81.13 36.83 19.72 34.29 27.39 19.67
-0.15 -0.96 23.04 24.28 27.02 8.91 53.77 78.54 46.74 18.75 32.25 24.11 16.39
Operating Profit 0.15 0.96 1.27 1.18 7.49 9.98 8.35 2.59 -9.91 0.97 2.04 3.28 3.28
OPM % 5.22% 4.63% 21.70% 52.83% 13.44% 3.19% -26.91% 4.92% 5.95% 11.98% 16.68%
0.01 0.01 0.02 0.26 0.47 0.62 0.11 0.14 0.06 0.03 0.35 0.40 0.35
Interest 0.09 0.89 0.47 0.41 5.54 7.99 6.47 1.99 0.45 0.21 0.57 1.13 1.98
Depreciation 0.02 0.08 0.09 0.34 0.82 0.76 0.75 0.73 0.71 0.71 0.68 0.58 0.46
Profit before tax 0.05 0.00 0.73 0.69 1.60 1.85 1.24 0.01 -11.01 0.08 1.14 1.97 1.19
Tax % 40.00% 30.14% 47.83% 30.00% 29.19% 33.87% -100.00% -0.09% -37.50% -2.63% -1.52%
0.02 0.02 0.51 0.37 1.12 1.32 0.82 0.02 -11.00 0.11 1.18 1.99 1.20
EPS in Rs 20.00 20.00 1.28 0.49 1.47 1.08 0.33 0.01 -4.41 0.04 0.47 0.80 0.48
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -15%
3 Years: -9%
TTM: -38%
Compounded Profit Growth
10 Years: 58%
5 Years: 19%
3 Years: 30%
TTM: -17%
Stock Price CAGR
10 Years: %
5 Years: 14%
3 Years: -14%
1 Year: -10%
Return on Equity
10 Years: -1%
5 Years: -4%
3 Years: 3%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.01 0.01 4.00 7.60 7.60 12.18 24.96 24.96 24.96 24.96 24.96 24.96 24.96
Reserves 0.01 0.03 0.51 6.28 7.40 16.65 20.02 20.04 9.05 9.16 10.34 12.33 12.69
6.11 12.15 2.14 17.85 62.17 50.13 33.76 4.95 0.23 2.53 2.92 18.06 19.83
5.96 11.93 11.52 43.06 33.69 75.44 59.38 13.26 10.74 15.23 14.96 13.46 30.64
Total Liabilities 12.09 24.12 18.17 74.79 110.86 154.40 138.12 63.21 44.98 51.88 53.18 68.81 88.12
0.67 0.61 0.71 9.72 9.16 8.62 7.87 7.18 6.48 5.78 5.11 4.56 4.33
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.30 0.32 0.34 0.32 0.00 0.00 0.00 0.00
11.42 23.51 17.46 65.07 101.70 145.48 129.93 55.69 38.18 46.10 48.07 64.25 83.79
Total Assets 12.09 24.12 18.17 74.79 110.86 154.40 138.12 63.21 44.98 51.88 53.18 68.81 88.12

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-3.63 0.13 1.76 -41.40 -13.80 23.44 -7.21 19.81 9.30 -7.30 1.59 -13.41
-0.53 -0.01 -0.21 -9.10 0.28 0.46 0.36 0.19 -0.06 0.25 -1.13 -0.42
4.15 0.06 -1.36 52.68 12.77 -23.47 6.35 -20.55 -5.17 2.09 -0.18 13.45
Net Cash Flow -0.01 0.18 0.20 2.18 -0.75 0.43 -0.50 -0.56 4.06 -4.96 0.28 -0.38

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 0.00 109.10 200.74 470.50 122.80 63.57 177.99 425.90 35.34 33.18
Inventory Days 342.64 1,255.58 2,907.50 1,108.74 168.71 82.59 581.00 356.24
Days Payable 21.05 215.31 380.83 104.99 17.78 15.86 272.84 125.95
Cash Conversion Cycle 321.59 1,149.36 2,727.41 470.50 1,126.55 214.50 244.73 734.05 265.63 33.18
Working Capital Days 129.27 672.66 605.72 935.20 371.35 206.46 269.66 641.16 322.32 646.18
ROCE % 3.55% 9.72% 12.74% 5.73% 13.11% 12.60% 9.78% 3.11% -25.09% 0.82% 4.57% 6.63%

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75% 73.75%
26.25% 26.25% 26.25% 26.25% 26.25% 26.25% 26.25% 26.25% 26.25% 26.25% 26.25% 26.25%
No. of Shareholders 2,6132,9412,9662,9592,6732,6732,8613,4463,2853,3783,2603,186

Documents

Announcements

Annual reports

DRHP