Art Nirman Ltd
Incorporated in 2011, Art Nirman Ltd is in the business of real estate development and allied activities[1]
- Market Cap ₹ 163 Cr.
- Current Price ₹ 65.4
- High / Low ₹ 88.6 / 40.5
- Stock P/E 123
- Book Value ₹ 14.0
- Dividend Yield 0.00 %
- ROCE 0.82 %
- ROE 0.32 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.66 times its book value
- The company has delivered a poor sales growth of -10.6% over past five years.
- Company has a low return on equity of -9.17% over last 3 years.
- Company has high debtors of 426 days.
- Working capital days have increased from 386 days to 643 days
* 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
Sector: Construction Industry: Construction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 0.00 | 24.31 | 25.46 | 34.51 | 18.89 | 62.12 | 81.13 | 32.30 | 19.72 | 32.60 | |
-0.07 | -0.01 | -0.15 | -0.96 | 23.04 | 24.28 | 27.02 | 8.91 | 53.77 | 78.54 | 42.21 | 18.75 | 30.63 | |
Operating Profit | 0.07 | 0.01 | 0.15 | 0.96 | 1.27 | 1.18 | 7.49 | 9.98 | 8.35 | 2.59 | -9.91 | 0.97 | 1.97 |
OPM % | 5.22% | 4.63% | 21.70% | 52.83% | 13.44% | 3.19% | -30.68% | 4.92% | 6.04% | ||||
0.01 | 0.00 | 0.01 | 0.01 | 0.02 | 0.26 | 0.47 | 0.62 | 0.11 | 0.14 | 0.06 | 0.03 | 0.23 | |
Interest | 0.06 | 0.01 | 0.09 | 0.89 | 0.47 | 0.41 | 5.54 | 7.99 | 6.47 | 1.99 | 0.45 | 0.21 | 0.21 |
Depreciation | 0.00 | 0.01 | 0.02 | 0.08 | 0.09 | 0.34 | 0.82 | 0.76 | 0.75 | 0.73 | 0.71 | 0.71 | 0.69 |
Profit before tax | 0.02 | -0.01 | 0.05 | 0.00 | 0.73 | 0.69 | 1.60 | 1.85 | 1.24 | 0.01 | -11.01 | 0.08 | 1.30 |
Tax % | 0.00% | 0.00% | 40.00% | 30.14% | 47.83% | 30.00% | 29.19% | 33.87% | -100.00% | 0.09% | -37.50% | ||
0.01 | -0.02 | 0.02 | 0.02 | 0.51 | 0.37 | 1.12 | 1.32 | 0.82 | 0.02 | -11.00 | 0.11 | 1.33 | |
EPS in Rs | 10.00 | -20.00 | 20.00 | 20.00 | 1.28 | 0.49 | 1.47 | 1.08 | 0.33 | 0.01 | -4.41 | 0.04 | 0.54 |
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: | -11% |
3 Years: | -32% |
TTM: | 125% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | -37% |
3 Years: | -49% |
TTM: | 132% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 27% |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -5% |
3 Years: | -9% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 4.00 | 7.60 | 7.60 | 12.18 | 24.96 | 24.96 | 24.96 | 24.96 | 24.96 |
Reserves | 0.01 | -0.01 | 0.01 | 0.03 | 0.51 | 6.28 | 7.40 | 11.54 | 20.02 | 20.04 | 9.05 | 9.16 | 10.02 |
5.28 | 1.75 | 6.11 | 12.15 | 2.14 | 17.85 | 62.17 | 50.13 | 33.76 | 4.95 | 0.23 | 2.53 | 0.60 | |
1.48 | 0.21 | 5.96 | 11.93 | 11.52 | 43.06 | 33.69 | 80.55 | 59.38 | 13.26 | 10.74 | 15.24 | 13.70 | |
Total Liabilities | 6.78 | 1.96 | 12.09 | 24.12 | 18.17 | 74.79 | 110.86 | 154.40 | 138.12 | 63.21 | 44.98 | 51.89 | 49.28 |
0.06 | 0.16 | 0.67 | 0.61 | 0.71 | 9.72 | 9.16 | 8.62 | 7.87 | 7.18 | 6.48 | 5.78 | 5.45 | |
CWIP | 0.28 | 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 | 0.00 | 0.00 | 0.30 | 0.32 | 0.34 | 0.32 | 0.00 | 0.00 |
6.44 | 1.80 | 11.42 | 23.51 | 17.46 | 65.07 | 101.70 | 145.48 | 129.93 | 55.69 | 38.18 | 46.11 | 43.83 | |
Total Assets | 6.78 | 1.96 | 12.09 | 24.12 | 18.17 | 74.79 | 110.86 | 154.40 | 138.12 | 63.21 | 44.98 | 51.89 | 49.28 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.21 | -3.63 | 0.13 | 1.76 | -41.40 | -13.80 | 23.44 | -7.21 | 19.81 | 9.30 | -7.30 | ||
0.17 | -0.53 | -0.01 | -0.21 | -9.10 | 0.28 | 0.46 | 0.36 | 0.19 | -0.06 | 0.25 | ||
-3.54 | 4.15 | 0.06 | -1.36 | 52.68 | 12.77 | -23.47 | 6.35 | -20.55 | -5.17 | 2.09 | ||
Net Cash Flow | -0.15 | -0.01 | 0.18 | 0.20 | 2.18 | -0.75 | 0.43 | -0.50 | -0.56 | 4.06 | -4.96 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 109.10 | 200.74 | 470.50 | 122.80 | 63.57 | 202.95 | 425.90 | ||||
Inventory Days | 342.64 | 1,255.58 | 2,907.50 | 1,108.74 | 168.71 | 82.59 | 581.00 | |||||
Days Payable | 21.05 | 215.31 | 380.83 | 104.99 | 17.78 | 15.86 | 272.84 | |||||
Cash Conversion Cycle | 321.59 | 1,149.36 | 2,727.41 | 470.50 | 1,126.55 | 214.50 | 269.69 | 734.05 | ||||
Working Capital Days | 129.27 | 672.66 | 627.20 | 937.14 | 371.93 | 206.91 | 308.61 | 643.01 | ||||
ROCE % | 0.00% | 3.55% | 9.72% | 12.74% | 5.73% | 13.11% | 13.03% | 10.11% | 3.11% | -25.09% | 0.82% |
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