Art Nirman
- Market cap
- ₹ 99 Cr.
- P/E
- 248.3x
- P/B
- 2.44x
- 52-week range
- 29.39 – 63.6
- ROE
- 1%
- ROCE
- 5.9%
- Dividend yield
- 0%
- Debt / equity
- 1.96
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE
About
Art Nirman Limited is an India-based company engaged in the business of real estate development and allied activities. It is involved in constructing residential and commercial complexes, with operations across the real estate business, from residential, commercial, and plotting projects to land development. It operates in a single segment of construction of various Residential and Commercial schemes. It constructs and develops houses, bungalows, row houses, farmhouses, resorts, schools, factories, mines, and amusement parks. Its projects include Shree Vishnudhara Home, Shree Vishnudhara Crossroad, and Shree Vishnudhara Gardens. It is also engaged in the preparation and dealing in materials necessary for building, carrying on business as building contractors, acquiring land and plots for colonization or otherwise, selling plots, constructing special economic zones and industrial parks, and managing all types of construction, developmental, and infrastructure work in all its branches.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Art Nirman against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)248.3 against a typical 23.3: pricier than most peers (1st = cheapest).160th of 173
- Sales growth+40.7% against a typical +6.6% from a year earlier.42nd of 134
- Share price, 3 months−3.5% against a typical −9.9%.52nd of 147
- Size₹ 98.6 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).91st of 163
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 14 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 26 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 13 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 12 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 17 Oct 2025 | Other business matters | To obtain one or more financial facilities aggregating to the extent of Term Loan of Rs.130,00,00,000/- ( Rupees One Hundred Thirty Crores Only) from Kotak Mahindra Investments Limited |
| 15 Sep 2025 | Other business matters | To increase the borrowing limit of the Company and to create charge pursuant to Section 180 of the Companies Act 2013 and to approve the Postal Ballot Notice to be sent for the member's approval. |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12 | 4 | 13 | 6 | 8 | 5 | 9 | 2 | 7 | 3 | 22 | 2 |
| Expenses | 11 | 4 | 13 | 5 | 8 | 4 | 7 | 2 | 5 | 2 | 19 | 2 |
| Operating Profit | 1 | 0 | 1 | 1 | 1 | 0 | 2 | −0 | 1 | 0 | 4 | −0 |
| OPM % | 6.8% | 6.1% | 5.9% | 9.3% | 7.5% | 7.1% | 20.4% | −1.3% | 20% | 5.2% | 15.6% | −3.8% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 3 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | 0 | 0 | 1 | 0 | 1 | −0 | 0 | 0 | 0 | −0 |
| Tax % | 0% | 0% | −15.8% | 0% | 0% | 0% | −4% | 0% | 0% | 0% | 59.1% | 25% |
| Net Profit | 1 | 0 | 0 | 0 | 1 | 0 | 1 | −0 | 0 | 0 | 0 | −0 |
| EPS in Rs | 0.27 | 0.03 | 0.09 | 0.16 | 0.21 | 0.11 | 0.31 | −0.03 | 0.17 | 0.03 | 0.04 | −0.08 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 3%
- 5 Years
- −16%
- 3 Years
- 19%
- TTM
- 45%
- 10 Years
- 0%
- 5 Years
- 92%
- 3 Years
- 68%
- TTM
- −74%
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- −4%
- TTM
- —
- 10 Years
- −1%
- 5 Years
- −4%
- 3 Years
- 3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Art Nirman | ₹ 37.15 | ₹ 99 Cr. | 248.3x | 2.4x | 1% | — |
| Prestige Estates Projects | ₹ 1,400.00 | ₹ 60,302 Cr. | 61x | 4.5x | 7.5% | 10.3% |
| Embassy Office Parks REIT | ₹ 422.00 | ₹ 40,001 Cr. | 54.6x | 2.1x | 4.3% | 20.3% |
| Nexus Select Trust | ₹ 158.12 | ₹ 23,955 Cr. | 62.2x | 1.9x | 3% | 15.7% |
| WeWork India Management | ₹ 630.90 | ₹ 8,782 Cr. | 62.8x | 30.8x | — | 3.2% |
| NESCO | ₹ 988.20 | ₹ 6,963 Cr. | 18.4x | 2.6x | 14.7% | 44.3% |
Management
- Ashokumar Thakker
- Chairman of the Board, Managing Director
- Chetankumar Modi
- Chief Financial Officer
- Piyushkumar Chandrakantbhai Thakkar
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.