Art Nirman Ltd

Art Nirman Ltd

₹ 61.5 -5.01%
13 Dec - close price
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

  • Market Cap 153 Cr.
  • Current Price 61.5
  • High / Low 97.7 / 48.2
  • Stock P/E 124
  • Book Value 14.5
  • Dividend Yield 0.00 %
  • ROCE 4.49 %
  • ROE 3.31 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 221 to 35.3 days.

Cons

  • Stock is trading at 4.23 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of -9.00% 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

Sector: Construction Industry: Construction

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
25.24 2.56 6.44 0.30 6.72 1.02 11.68 5.22 11.95 3.75 13.38 5.50 8.46
26.29 5.17 9.76 0.24 6.58 0.95 10.96 5.01 11.14 3.52 12.59 4.99 7.83
Operating Profit -1.05 -2.61 -3.32 0.06 0.14 0.07 0.72 0.21 0.81 0.23 0.79 0.51 0.63
OPM % -4.16% -101.95% -51.55% 20.00% 2.08% 6.86% 6.16% 4.02% 6.78% 6.13% 5.90% 9.27% 7.45%
0.01 0.00 0.04 0.00 0.00 0.00 0.02 0.16 0.03 0.02 0.12 0.08 0.09
Interest 0.00 0.00 0.38 0.01 0.00 0.00 0.20 0.01 0.00 0.00 0.56 0.02 0.02
Depreciation 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.17 0.17 0.17 0.16 0.16 0.16
Profit before tax -1.22 -2.79 -3.84 -0.13 -0.04 -0.11 0.36 0.19 0.67 0.08 0.19 0.41 0.54
Tax % 0.00% 0.00% -0.26% 0.00% 0.00% 0.00% -8.33% 0.00% 0.00% 0.00% -15.79% 0.00% 0.00%
-1.22 -2.79 -3.83 -0.13 -0.04 -0.11 0.39 0.19 0.67 0.08 0.22 0.41 0.53
EPS in Rs -0.49 -1.12 -1.53 -0.05 -0.02 -0.04 0.16 0.08 0.27 0.03 0.09 0.16 0.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.00 0.00 0.00 24.31 25.46 34.51 18.89 62.12 81.13 32.30 19.72 34.29 31.09
-0.01 -0.15 -0.96 23.04 24.28 27.02 8.91 53.77 78.54 42.21 18.75 32.25 28.93
Operating Profit 0.01 0.15 0.96 1.27 1.18 7.49 9.98 8.35 2.59 -9.91 0.97 2.04 2.16
OPM % 5.22% 4.63% 21.70% 52.83% 13.44% 3.19% -30.68% 4.92% 5.95% 6.95%
0.00 0.01 0.01 0.02 0.26 0.47 0.62 0.11 0.14 0.06 0.03 0.35 0.31
Interest 0.01 0.09 0.89 0.47 0.41 5.54 7.99 6.47 1.99 0.45 0.21 0.57 0.60
Depreciation 0.01 0.02 0.08 0.09 0.34 0.82 0.76 0.75 0.73 0.71 0.71 0.68 0.65
Profit before tax -0.01 0.05 0.00 0.73 0.69 1.60 1.85 1.24 0.01 -11.01 0.08 1.14 1.22
Tax % 0.00% 40.00% 30.14% 47.83% 30.00% 29.19% 33.87% -100.00% -0.09% -37.50% -2.63%
-0.02 0.02 0.02 0.51 0.37 1.12 1.32 0.82 0.02 -11.00 0.11 1.18 1.24
EPS in Rs -20.00 20.00 20.00 1.28 0.49 1.47 1.08 0.33 0.01 -4.41 0.04 0.47 0.49
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: 13%
3 Years: -25%
TTM: 4%
Compounded Profit Growth
10 Years: 50%
5 Years: -3%
3 Years: 286%
TTM: 9%
Stock Price CAGR
10 Years: %
5 Years: 19%
3 Years: -29%
1 Year: 12%
Return on Equity
10 Years: -2%
5 Years: -5%
3 Years: -9%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.01 0.01 4.00 7.60 7.60 12.18 24.96 24.96 24.96 24.96 24.96 24.96
Reserves -0.01 0.01 0.03 0.51 6.28 7.40 16.65 20.02 20.04 9.05 9.16 10.34 11.28
1.75 6.11 12.15 2.14 17.85 62.17 50.13 33.76 4.95 0.23 2.53 2.92 8.59
0.21 5.96 11.93 11.52 43.06 33.69 75.44 59.38 13.26 10.74 15.23 14.96 14.44
Total Liabilities 1.96 12.09 24.12 18.17 74.79 110.86 154.40 138.12 63.21 44.98 51.88 53.18 59.27
0.16 0.67 0.61 0.71 9.72 9.16 8.62 7.87 7.18 6.48 5.78 5.11 4.82
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 0.00 0.30 0.32 0.34 0.32 0.00 0.00 0.00
1.80 11.42 23.51 17.46 65.07 101.70 145.48 129.93 55.69 38.18 46.10 48.07 54.45
Total Assets 1.96 12.09 24.12 18.17 74.79 110.86 154.40 138.12 63.21 44.98 51.88 53.18 59.27

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.21 -3.63 0.13 1.76 -41.40 -13.80 23.44 -7.21 19.81 9.30 -7.30 1.59
0.17 -0.53 -0.01 -0.21 -9.10 0.28 0.46 0.36 0.19 -0.06 0.25 -1.13
-3.54 4.15 0.06 -1.36 52.68 12.77 -23.47 6.35 -20.55 -5.17 2.09 -0.18
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 0.28

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 109.10 200.74 470.50 122.80 63.57 202.95 425.90 35.34
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 1,126.55 214.50 269.69 734.05 265.63
Working Capital Days 129.27 672.66 627.20 937.14 371.93 206.91 308.61 643.01 323.38
ROCE % 0.00% 3.55% 9.72% 12.74% 5.73% 13.11% 12.60% 9.78% 3.11% -25.09% 0.82% 4.49%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
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 1,3221,1461,1781,2272,7862,6132,9412,9662,9592,6732,6732,861

Documents