Art Nirman Ltd
₹ 51.6
-0.58%
29 Sep
- close price
About
Incorporated in Feb 2011, Art Nirman is engaged in the business of real estate development and allied activities[1]
Key Points
- Market Cap ₹ 129 Cr.
- Current Price ₹ 51.6
- High / Low ₹ 128 / 40.5
- Stock P/E 299
- Book Value ₹ 13.7
- Dividend Yield 0.00 %
- ROCE 0.82 %
- ROE 0.32 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 3.77 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
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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 | 24.64 | |
-0.07 | -0.01 | -0.15 | -0.96 | 23.04 | 24.28 | 27.02 | 8.91 | 53.77 | 78.54 | 42.21 | 18.75 | 23.50 | |
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 | 1.14 |
OPM % | 5.22% | 4.63% | 21.70% | 52.83% | 13.44% | 3.19% | -30.68% | 4.92% | 4.63% | ||||
0.01 | 0.00 | 0.01 | 0.01 | 0.02 | 0.26 | 0.47 | 0.62 | 0.11 | 0.14 | 0.06 | 0.03 | 0.18 | |
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 | 0.71 |
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 | 0.40 |
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 | 0.43 | |
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 | 0.18 |
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: | -29% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | -37% |
3 Years: | -49% |
TTM: | 105% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | % |
1 Year: | -52% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.01 | 0.01 | 0.01 | 0.01 | 4.00 | 7.60 | 7.60 | 12.18 | 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 |
5.28 | 1.75 | 6.11 | 12.15 | 2.14 | 17.85 | 62.17 | 50.13 | 33.76 | 4.95 | 0.23 | 2.53 | |
1.48 | 0.21 | 5.96 | 11.93 | 11.52 | 43.06 | 33.69 | 80.55 | 59.38 | 13.26 | 10.74 | 15.24 | |
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 |
0.06 | 0.16 | 0.67 | 0.61 | 0.71 | 9.72 | 9.16 | 8.62 | 7.87 | 7.18 | 6.48 | 5.78 | |
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 |
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 |
6.44 | 1.80 | 11.42 | 23.51 | 17.46 | 65.07 | 101.70 | 145.48 | 129.93 | 55.69 | 38.18 | 46.11 | |
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 |
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% |
Services Offering
The company is primarily engaged in the business of construction and development of houses, bungalows, row houses, farmhouses, resorts, schools, factories, mines, and amusement parks, and to prepare and deal in materials necessary for building and carrying on Business as building contractors and to acquire land and plots for colonization or otherwise, sell plots, construct for special economic zone and industrial park, and manager of all types of construction, developmental, infrastructures work in all its branches such as infrastructural projects. [1]