ARTNIRMAN · NSE
Art Nirman Limited
₹40.01
-1.19% (-₹0.48)
Prev. close
₹40.49
Volume
1,071
Delivery %
88.7%
As of
23 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Art Nirman Limited
Art Nirman Limited engages in the real estate development and allied activities in India. The company is involved in the construction and development of residential, commercial, and plotting projects. It also engages in the construction and development of office spaces, showrooms, and shops. In addition, it offers maintenance services. The company was formerly known as Vishnudhara Buildcon Private Limited and changed its name to Art Nirman Limited in October 2011. The company was incorporated in 2011 and is based in Ahmedabad, India.
Details
Sector
Real Estate
Industry
Real Estate - Development
CEO
Mr. Ashokkumar Raghuram Thakker
Headquarters
Ahmedabad
Website
artnirman.comExchange
View on NSE ↗Key stats
Market cap
₹99.85 Cr
P/E ratio (TTM)
78.5
EPS (TTM)
₹0.51
Beta (1Y · daily vs NIFTY 50)
0.91
Beta (5Y · monthly vs NIFTY 50)
0.48
Shares float
64.03 L
EPS · quarter ended Dec 2025
₹0.03
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹36.83 Cr | ₹19.72 Cr | ₹34.29 Cr | ₹27.39 Cr | ₹33.24 Cr | |
| EBITDA | — | ₹-9.84 Cr | ₹99.97 L | ₹2.39 Cr | ₹3.68 Cr | ₹5.32 Cr |
| ₹0 | ₹-11.00 Cr | ₹11.23 L | ₹1.18 Cr | ₹1.99 Cr | ₹51.99 L | |
| Diluted EPS | — | ₹-4.41 | ₹0.04 | ₹0.47 | ₹0.8 | ₹0.21 |
Revenue, Total expenses (as filed), Employee benefit expense, Other expenses, EBITDA, Pretax income, Tax provision, Other income, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹63.21 Cr | ₹44.98 Cr | ₹51.88 Cr | ₹53.18 Cr | ₹68.81 Cr | ₹142.37 Cr | |
| ₹4.95 Cr | ₹22.71 L | ₹2.53 Cr | ₹2.92 Cr | ₹18.06 Cr | — | |
| Stockholders' equity | ₹45.00 Cr | ₹34.01 Cr | ₹34.12 Cr | ₹35.30 Cr | ₹37.29 Cr | ₹37.24 Cr |
Trade receivables, Cash & equivalents, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹19.81 Cr | ₹9.30 Cr | ₹-7.30 Cr | ₹1.59 Cr | ₹-13.41 Cr | ₹-47.30 Cr | |
| Investing cash flow | — | ₹-3.55 L | ₹25.01 L | ₹-1.13 Cr | ₹15.77 L | ₹-91.77 L |
| ₹-20.55 Cr | ₹-5.17 Cr | ₹2.09 Cr | ₹-18.00 L | ₹13.45 Cr | ₹50.72 Cr | |
| Capital expenditure | — | ₹-1.46 L | ₹-1.23 L | ₹-1.48 L | ₹-3.22 L | ₹-3.00 L |
| End cash position | — | ₹5.18 Cr | ₹19.65 L | ₹47.70 L | ₹10.06 L | ₹2.60 Cr |
Change in working capital, Investing cash flow, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21–Jun 26(19Q) |
|---|---|---|
| Promoter | 73.75% | 73.75% |
| Public | 26.26% | 26.25% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Real Estate
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| DLF Limited | ₹1.66 L Cr | ₹675 | 37.3 | 3.64 | 9.7% | 0.01 | -1.4% | -11.1% |
| Lodha Developers Limited | ₹1.14 L Cr | ₹1,144 | 27.6 | 4.88 | 14.7% | 0.42 | +19.2% | -5.6% |
| The Phoenix Mills Limited | ₹69,868.79 Cr | ₹1,993.2 | 54.7 | 6.36 | 11.1% | 0.48 | +16.0% | +22.5% |
| Oberoi Realty Limited | ₹64,903.00 Cr | ₹1,821 | 24.7 | 3.62 | 14.0% | 0.16 | +13.7% | +9.0% |
| Prestige Estates Projects Limited | ₹63,730.84 Cr | ₹1,490 | 56.1 | 3.92 | 7.3% | 1.09 | +74.1% | -7.2% |
| Godrej Properties Limited | ₹51,193.44 Cr | ₹1,707.6 | 32.0 | 2.67 | 9.7% | 0.83 | +4.7% | -18.8% |
| Anant Raj Limited | ₹21,956.09 Cr | ₹631.8 | 37.4 | 3.79 | 9.6% | 0.12 | +21.9% | -5.2% |
| Brigade Enterprises Limited | ₹20,109.54 Cr | ₹616.45 | 31.2 | 2.95 | 9.4% | 1.01 | +12.4% | -32.6% |
| Horizon Industrial Parks Limited | ₹15,204.43 Cr | ₹52.76 | — | 2.77 | -3.4% | 1.26 | +19.7% | — |
| Aditya Birla Real Estate Limited | ₹13,281.50 Cr | ₹1,206.4 | — | 3.59 | -2.8% | 1.52 | -66.4% | -34.7% |
| Sobha Limited | ₹12,984.20 Cr | ₹1,230.9 | 56.1 | 2.75 | 4.1% | 0.22 | +28.3% | -22.9% |
| Art Nirman Limited | ₹99.85 Cr | ₹40.01 | 78.5 | 2.68 | 5.3% | 0.48 | -20.1% | — |
Ranked by market cap within Real Estate, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.