Art Nirman（ARTNIRMAN）株式概要Art Nirman Limited はインドで不動産開発および関連事業を行っている。 詳細ARTNIRMAN ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性2/6配当金0/6リスク分析利払いは収益で十分にカバーされない 意味のある時価総額がありません ( ₹1B )意味のある収益がありません ( ₹338M )利益率(1.2%)は昨年より低い(6.5%) すべてのリスクチェックを見るARTNIRMAN Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW466,074 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA466,074 investors already sharing narrativesYour Fair Value₹Current Price₹41.06438.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-80m791m2016201920222025202620282031Revenue ₹146.2mEarnings ₹1.7mAdvancedSet Fair ValueView all narrativesArt Nirman Limited 競合他社Newtime InfrastructureSymbol: BSE:531959Market cap: ₹1.0bPrajay Engineers SyndicateSymbol: BSE:531746Market cap: ₹1.3bShri Krishna DevconSymbol: BSE:531080Market cap: ₹1.1bShradha RealtySymbol: NSEI:SHRADHAMarket cap: ₹1.7b価格と性能株価の高値、安値、推移の概要Art Nirman過去の株価現在の株価₹41.0652週高値₹66.9752週安値₹29.39ベータ0.711ヶ月の変化6.15%3ヶ月変化-0.77%1年変化-16.60%3年間の変化-19.57%5年間の変化32.45%IPOからの変化46.38%最新ニュースReported Earnings • Aug 16First quarter 2027 earnings released: ₹0.08 loss per share (vs ₹0.03 loss in 1Q 2026)First quarter 2027 results: ₹0.08 loss per share (further deteriorated from ₹0.03 loss in 1Q 2026). Revenue: ₹22.2m (up 48% from 1Q 2026). Net loss: ₹1.95m (loss widened 171% from 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.New Risk • Jul 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹965.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). High level of non-cash earnings (62% accrual ratio). Market cap is less than US$10m (₹965.3m market cap, or US$9.99m). Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Revenue is less than US$5m (₹332m revenue, or US$3.4m).Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹0.21 (vs ₹0.80 in FY 2025)Full year 2026 results: EPS: ₹0.21 (down from ₹0.80 in FY 2025). Revenue: ₹336.0m (up 23% from FY 2025). Net income: ₹5.20m (down 74% from FY 2025). Profit margin: 1.5% (down from 7.3% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 22Art Nirman Limited to Report Q4, 2026 Results on May 26, 2026Art Nirman Limited announced that they will report Q4, 2026 results on May 26, 2026New Risk • May 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹957.8m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (₹957.8m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (₹197m revenue, or US$2.1m).New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (₹197m revenue, or US$2.1m). Market cap is less than US$100m (₹1.23b market cap, or US$13.3m).最新情報をもっと見るRecent updatesReported Earnings • Aug 16First quarter 2027 earnings released: ₹0.08 loss per share (vs ₹0.03 loss in 1Q 2026)First quarter 2027 results: ₹0.08 loss per share (further deteriorated from ₹0.03 loss in 1Q 2026). Revenue: ₹22.2m (up 48% from 1Q 2026). Net loss: ₹1.95m (loss widened 171% from 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.New Risk • Jul 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹965.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). High level of non-cash earnings (62% accrual ratio). Market cap is less than US$10m (₹965.3m market cap, or US$9.99m). Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Revenue is less than US$5m (₹332m revenue, or US$3.4m).Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹0.21 (vs ₹0.80 in FY 2025)Full year 2026 results: EPS: ₹0.21 (down from ₹0.80 in FY 2025). Revenue: ₹336.0m (up 23% from FY 2025). Net income: ₹5.20m (down 74% from FY 2025). Profit margin: 1.5% (down from 7.3% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 22Art Nirman Limited to Report Q4, 2026 Results on May 26, 2026Art Nirman Limited announced that they will report Q4, 2026 results on May 26, 2026New Risk • May 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹957.8m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (₹957.8m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (₹197m revenue, or US$2.1m).New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (₹197m revenue, or US$2.1m). Market cap is less than US$100m (₹1.23b market cap, or US$13.3m).Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹29.39, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 22x in the Real Estate industry in India. Total loss to shareholders of 39% over the past three years.New Risk • Mar 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹915.6m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Market cap is less than US$10m (₹915.6m market cap, or US$9.92m). Minor Risk Revenue is less than US$5m (₹197m revenue, or US$2.1m).Reported Earnings • Feb 17Third quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.11 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.03 (down from ₹0.11 in 3Q 2025). Revenue: ₹25.0m (down 44% from 3Q 2025). Net income: ₹688.0k (down 75% from 3Q 2025). Profit margin: 2.8% (down from 6.2% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Feb 10Art Nirman Limited to Report Q3, 2026 Results on Feb 13, 2026Art Nirman Limited announced that they will report Q3, 2026 results on Feb 13, 2026New Risk • Nov 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Revenue is less than US$5m (₹217m revenue, or US$2.5m). Market cap is less than US$100m (₹1.25b market cap, or US$14.1m).New Risk • Oct 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (₹234m revenue, or US$2.7m). Market cap is less than US$100m (₹1.60b market cap, or US$18.3m).Reported Earnings • Aug 19First quarter 2026 earnings released: ₹0.03 loss per share (vs ₹0.16 profit in 1Q 2025)First quarter 2026 results: ₹0.03 loss per share (down from ₹0.16 profit in 1Q 2025). Revenue: ₹15.0m (down 73% from 1Q 2025). Net loss: ₹721.0k (down 118% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.分析記事 • Aug 14These 4 Measures Indicate That Art Nirman (NSE:ARTNIRMAN) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Jun 27Art Nirman Limited's (NSE:ARTNIRMAN) Shares Climb 30% But Its Business Is Yet to Catch UpArt Nirman Limited ( NSE:ARTNIRMAN ) shares have continued their recent momentum with a 30% gain in the last month...お知らせ • Jun 23Art Nirman Limited, Annual General Meeting, Jul 24, 2025Art Nirman Limited, Annual General Meeting, Jul 24, 2025, at 10:30 Indian Standard Time.New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹318m revenue, or US$3.7m). Market cap is less than US$100m (₹1.56b market cap, or US$18.2m).Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: ₹0.11 (vs ₹0.03 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.11 (up from ₹0.03 in 3Q 2024). Revenue: ₹46.4m (up 24% from 3Q 2024). Net income: ₹2.78m (up 257% from 3Q 2024). Profit margin: 6.0% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 20Second quarter 2025 earnings released: EPS: ₹0.21 (vs ₹0.27 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.21 (down from ₹0.27 in 2Q 2024). Revenue: ₹85.5m (down 28% from 2Q 2024). Net income: ₹5.33m (down 21% from 2Q 2024). Profit margin: 6.2% (up from 5.6% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Nov 15Art Nirman Limited to Report Q2, 2025 Results on Nov 14, 2024Art Nirman Limited announced that they will report Q2, 2025 results on Nov 14, 2024お知らせ • Sep 02Art Nirman Limited, Annual General Meeting, Sep 26, 2024Art Nirman Limited, Annual General Meeting, Sep 26, 2024, at 10:30 Indian Standard Time. Location: club babylon, s p rd., nr. science city circle, bhadaj, ahmedabad, gujarat- 380060, IndiaBoard Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chintan Bhatt was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 16First quarter 2025 earnings released: EPS: ₹0.16 (vs ₹0.08 in 1Q 2024)First quarter 2025 results: EPS: ₹0.16 (up from ₹0.08 in 1Q 2024). Revenue: ₹55.8m (up 7.0% from 1Q 2024). Net income: ₹4.07m (up 117% from 1Q 2024). Profit margin: 7.3% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.New Risk • Aug 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Revenue is less than US$5m (₹343m revenue, or US$4.1m). Market cap is less than US$100m (₹1.92b market cap, or US$22.8m).Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹0.47 (vs ₹0.045 in FY 2023)Full year 2024 results: EPS: ₹0.47 (up from ₹0.045 in FY 2023). Revenue: ₹346.4m (up 76% from FY 2023). Net income: ₹11.8m (up ₹10.7m from FY 2023). Profit margin: 3.4% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.04 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹0.03 (up from ₹0.04 loss in 3Q 2023). Revenue: ₹37.5m (up 269% from 3Q 2023). Net income: ₹778.0k (up ₹1.87m from 3Q 2023). Profit margin: 2.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.Reported Earnings • Nov 13Second quarter 2024 earnings released: EPS: ₹0.27 (vs ₹0.02 loss in 2Q 2023)Second quarter 2024 results: EPS: ₹0.27 (up from ₹0.02 loss in 2Q 2023). Revenue: ₹119.7m (up 78% from 2Q 2023). Net income: ₹6.71m (up ₹7.09m from 2Q 2023). Profit margin: 5.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.05 loss in 1Q 2023)First quarter 2024 results: EPS: ₹0.08 (up from ₹0.05 loss in 1Q 2023). Revenue: ₹53.7m (up ₹50.7m from 1Q 2023). Net income: ₹1.88m (up ₹3.18m from 1Q 2023). Profit margin: 3.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.New Risk • Jul 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risks Revenue is less than US$5m (₹197m revenue, or US$2.4m). Market cap is less than US$100m (₹1.58b market cap, or US$19.1m).New Risk • Jun 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Revenue is less than US$5m (₹197m revenue, or US$2.4m). Market cap is less than US$100m (₹1.32b market cap, or US$16.0m).Reported Earnings • Jun 04Full year 2023 earnings released: EPS: ₹0.04 (vs ₹4.41 loss in FY 2022)Full year 2023 results: EPS: ₹0.04 (up from ₹4.41 loss in FY 2022). Revenue: ₹197.4m (down 46% from FY 2022). Net income: ₹1.12m (up ₹111.1m from FY 2022). Profit margin: 0.6% (up from net loss in FY 2022). The move to profitability was driven by lower expenses.お知らせ • May 30Art Nirman Limited to Report Fiscal Year 2023 Results on May 29, 2023Art Nirman Limited announced that they will report fiscal year 2023 results on May 29, 2023Reported Earnings • Feb 18Third quarter 2023 earnings released: ₹0.04 loss per share (vs ₹1.12 loss in 3Q 2022)Third quarter 2023 results: ₹0.04 loss per share (improved from ₹1.12 loss in 3Q 2022). Revenue: ₹10.2m (down 60% from 3Q 2022). Net loss: ₹1.09m (loss narrowed 96% from 3Q 2022).Reported Earnings • Nov 20Second quarter 2023 earnings released: ₹0.02 loss per share (vs ₹0.49 loss in 2Q 2022)Second quarter 2023 results: ₹0.02 loss per share (improved from ₹0.49 loss in 2Q 2022). Revenue: ₹67.3m (down 73% from 2Q 2022). Net loss: ₹379.0k (loss narrowed 97% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.お知らせ • Sep 07Art Nirman Limited, Annual General Meeting, Sep 29, 2022Art Nirman Limited, Annual General Meeting, Sep 29, 2022. Location: Club Babylon, S P Road, Nr. Science City Circle, Bhadaj Ahmedabad Gujarat India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31 March 2022, including Audited Balance Sheet as at 31 March 2022, the statement of Profit and Loss Account and the cash flow statement for the year ended on 31 March, 2022 along with the reports of Auditors and Directors thereon; to consider re-appointment of Directors Retiring by Rotation; to consider and approve the loans, investments, guarantee or security u/s 185 of Companies Act, 2013; to consider in increasing the overall managerial remuneration of the KMP & Directors of the company; and to consider any other matters.Reported Earnings • Aug 12First quarter 2023 earnings released: ₹0.05 loss per share (vs ₹0.88 loss in 1Q 2022)First quarter 2023 results: ₹0.05 loss per share (up from ₹0.88 loss in 1Q 2022). Revenue: ₹3.03m (down 98% from 1Q 2022). Net loss: ₹1.31m (loss narrowed 94% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.分析記事 • Aug 12Calculating The Fair Value Of Art Nirman Limited (NSE:ARTNIRMAN)In this article we are going to estimate the intrinsic value of Art Nirman Limited ( NSE:ARTNIRMAN ) by estimating the...Reported Earnings • Jun 03Full year 2022 earnings released: ₹4.41 loss per share (vs ₹0.008 profit in FY 2021)Full year 2022 results: ₹4.41 loss per share (down from ₹0.008 profit in FY 2021). Revenue: ₹368.9m (down 57% from FY 2021). Net loss: ₹110.0m (down ₹110.2m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 154 percentage points per year, which is a significant difference in performance.Buying Opportunity • Mar 08Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be ₹163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% per annum over the last 3 years. The company became loss making over the last 3 years.分析記事 • Feb 23Calculating The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Art Nirman Limited...Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹1.12 loss per share (down from ₹0.21 profit in 3Q 2021). Revenue: ₹25.7m (down 89% from 3Q 2021). Net loss: ₹27.9m (down ₹33.2m from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 220 percentage points per year, which is a significant difference in performance.分析記事 • Nov 12A Look At The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)In this article we are going to estimate the intrinsic value of Art Nirman Limited ( NSE:ARTNIRMAN ) by taking the...Board Change • Sep 22Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hemang Shah was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.株主還元ARTNIRMANIN Real EstateIN 市場7D-0.02%1.1%-0.2%1Y-16.6%-5.9%2.4%株主還元を見る業界別リターン: ARTNIRMAN過去 1 年間で-5.9 % の収益を上げたIndian Real Estate業界を下回りました。リターン対市場: ARTNIRMANは、過去 1 年間で2.4 % のリターンを上げたIndian市場を下回りました。価格変動Is ARTNIRMAN's price volatile compared to industry and market?ARTNIRMAN volatilityARTNIRMAN Average Weekly Movement6.3%Real Estate Industry Average Movement5.5%Market Average Movement5.9%10% most volatile stocks in IN Market9.0%10% least volatile stocks in IN Market3.6%安定した株価: ARTNIRMAN 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: ARTNIRMANの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト201113Ashokkumar Thakkerwww.artnirman.comArt Nirman Limited 社は、インドで不動産開発および関連事業を行っている。同社は住宅、商業施設、区画プロジェクトの建設と開発に携わっている。また、オフィススペース、ショールーム、店舗の建設・開発にも携わっている。Art Nirman Limitedの前身はVishnudhara Buildcon Private Limitedで、2011年10月に社名をArt Nirman Limitedに変更した。同社は2011年に法人化され、インドのアーメダバードを拠点としている。もっと見るArt Nirman Limited 基礎のまとめArt Nirman の収益と売上を時価総額と比較するとどうか。ARTNIRMAN 基礎統計学時価総額₹1.02b収益（TTM）₹3.97m売上高(TTM)₹338.43m258.2xPER（株価収益率3.0xP/SレシオARTNIRMAN は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ARTNIRMAN 損益計算書（TTM）収益₹338.43m売上原価-₹208.84m売上総利益₹547.28mその他の費用₹543.31m収益₹3.97m直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）0.16グロス・マージン161.71%純利益率1.17%有利子負債／自己資本比率195.9%ARTNIRMAN の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/22 03:17終値2026/08/21 00:00収益2026/06/30年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Art Nirman Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Aug 16First quarter 2027 earnings released: ₹0.08 loss per share (vs ₹0.03 loss in 1Q 2026)First quarter 2027 results: ₹0.08 loss per share (further deteriorated from ₹0.03 loss in 1Q 2026). Revenue: ₹22.2m (up 48% from 1Q 2026). Net loss: ₹1.95m (loss widened 171% from 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.
New Risk • Jul 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹965.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). High level of non-cash earnings (62% accrual ratio). Market cap is less than US$10m (₹965.3m market cap, or US$9.99m). Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Revenue is less than US$5m (₹332m revenue, or US$3.4m).
Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹0.21 (vs ₹0.80 in FY 2025)Full year 2026 results: EPS: ₹0.21 (down from ₹0.80 in FY 2025). Revenue: ₹336.0m (up 23% from FY 2025). Net income: ₹5.20m (down 74% from FY 2025). Profit margin: 1.5% (down from 7.3% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 22Art Nirman Limited to Report Q4, 2026 Results on May 26, 2026Art Nirman Limited announced that they will report Q4, 2026 results on May 26, 2026
New Risk • May 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹957.8m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (₹957.8m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (₹197m revenue, or US$2.1m).
New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (₹197m revenue, or US$2.1m). Market cap is less than US$100m (₹1.23b market cap, or US$13.3m).
Reported Earnings • Aug 16First quarter 2027 earnings released: ₹0.08 loss per share (vs ₹0.03 loss in 1Q 2026)First quarter 2027 results: ₹0.08 loss per share (further deteriorated from ₹0.03 loss in 1Q 2026). Revenue: ₹22.2m (up 48% from 1Q 2026). Net loss: ₹1.95m (loss widened 171% from 1Q 2026). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.
New Risk • Jul 23New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹965.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). High level of non-cash earnings (62% accrual ratio). Market cap is less than US$10m (₹965.3m market cap, or US$9.99m). Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Revenue is less than US$5m (₹332m revenue, or US$3.4m).
Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹0.21 (vs ₹0.80 in FY 2025)Full year 2026 results: EPS: ₹0.21 (down from ₹0.80 in FY 2025). Revenue: ₹336.0m (up 23% from FY 2025). Net income: ₹5.20m (down 74% from FY 2025). Profit margin: 1.5% (down from 7.3% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 22Art Nirman Limited to Report Q4, 2026 Results on May 26, 2026Art Nirman Limited announced that they will report Q4, 2026 results on May 26, 2026
New Risk • May 16New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹957.8m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (₹957.8m market cap, or US$9.98m). Minor Risk Revenue is less than US$5m (₹197m revenue, or US$2.1m).
New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Revenue is less than US$5m (₹197m revenue, or US$2.1m). Market cap is less than US$100m (₹1.23b market cap, or US$13.3m).
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹29.39, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 22x in the Real Estate industry in India. Total loss to shareholders of 39% over the past three years.
New Risk • Mar 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹915.6m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Market cap is less than US$10m (₹915.6m market cap, or US$9.92m). Minor Risk Revenue is less than US$5m (₹197m revenue, or US$2.1m).
Reported Earnings • Feb 17Third quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.11 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.03 (down from ₹0.11 in 3Q 2025). Revenue: ₹25.0m (down 44% from 3Q 2025). Net income: ₹688.0k (down 75% from 3Q 2025). Profit margin: 2.8% (down from 6.2% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Feb 10Art Nirman Limited to Report Q3, 2026 Results on Feb 13, 2026Art Nirman Limited announced that they will report Q3, 2026 results on Feb 13, 2026
New Risk • Nov 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Revenue is less than US$5m (₹217m revenue, or US$2.5m). Market cap is less than US$100m (₹1.25b market cap, or US$14.1m).
New Risk • Oct 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (₹234m revenue, or US$2.7m). Market cap is less than US$100m (₹1.60b market cap, or US$18.3m).
Reported Earnings • Aug 19First quarter 2026 earnings released: ₹0.03 loss per share (vs ₹0.16 profit in 1Q 2025)First quarter 2026 results: ₹0.03 loss per share (down from ₹0.16 profit in 1Q 2025). Revenue: ₹15.0m (down 73% from 1Q 2025). Net loss: ₹721.0k (down 118% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
分析記事 • Aug 14These 4 Measures Indicate That Art Nirman (NSE:ARTNIRMAN) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Jun 27Art Nirman Limited's (NSE:ARTNIRMAN) Shares Climb 30% But Its Business Is Yet to Catch UpArt Nirman Limited ( NSE:ARTNIRMAN ) shares have continued their recent momentum with a 30% gain in the last month...
お知らせ • Jun 23Art Nirman Limited, Annual General Meeting, Jul 24, 2025Art Nirman Limited, Annual General Meeting, Jul 24, 2025, at 10:30 Indian Standard Time.
New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹318m revenue, or US$3.7m). Market cap is less than US$100m (₹1.56b market cap, or US$18.2m).
Reported Earnings • Feb 13Third quarter 2025 earnings released: EPS: ₹0.11 (vs ₹0.03 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.11 (up from ₹0.03 in 3Q 2024). Revenue: ₹46.4m (up 24% from 3Q 2024). Net income: ₹2.78m (up 257% from 3Q 2024). Profit margin: 6.0% (up from 2.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 20Second quarter 2025 earnings released: EPS: ₹0.21 (vs ₹0.27 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.21 (down from ₹0.27 in 2Q 2024). Revenue: ₹85.5m (down 28% from 2Q 2024). Net income: ₹5.33m (down 21% from 2Q 2024). Profit margin: 6.2% (up from 5.6% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Nov 15Art Nirman Limited to Report Q2, 2025 Results on Nov 14, 2024Art Nirman Limited announced that they will report Q2, 2025 results on Nov 14, 2024
お知らせ • Sep 02Art Nirman Limited, Annual General Meeting, Sep 26, 2024Art Nirman Limited, Annual General Meeting, Sep 26, 2024, at 10:30 Indian Standard Time. Location: club babylon, s p rd., nr. science city circle, bhadaj, ahmedabad, gujarat- 380060, India
Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Chintan Bhatt was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 16First quarter 2025 earnings released: EPS: ₹0.16 (vs ₹0.08 in 1Q 2024)First quarter 2025 results: EPS: ₹0.16 (up from ₹0.08 in 1Q 2024). Revenue: ₹55.8m (up 7.0% from 1Q 2024). Net income: ₹4.07m (up 117% from 1Q 2024). Profit margin: 7.3% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Revenue is less than US$5m (₹343m revenue, or US$4.1m). Market cap is less than US$100m (₹1.92b market cap, or US$22.8m).
Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹0.47 (vs ₹0.045 in FY 2023)Full year 2024 results: EPS: ₹0.47 (up from ₹0.045 in FY 2023). Revenue: ₹346.4m (up 76% from FY 2023). Net income: ₹11.8m (up ₹10.7m from FY 2023). Profit margin: 3.4% (up from 0.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 17Third quarter 2024 earnings released: EPS: ₹0.03 (vs ₹0.04 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹0.03 (up from ₹0.04 loss in 3Q 2023). Revenue: ₹37.5m (up 269% from 3Q 2023). Net income: ₹778.0k (up ₹1.87m from 3Q 2023). Profit margin: 2.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
Reported Earnings • Nov 13Second quarter 2024 earnings released: EPS: ₹0.27 (vs ₹0.02 loss in 2Q 2023)Second quarter 2024 results: EPS: ₹0.27 (up from ₹0.02 loss in 2Q 2023). Revenue: ₹119.7m (up 78% from 2Q 2023). Net income: ₹6.71m (up ₹7.09m from 2Q 2023). Profit margin: 5.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.05 loss in 1Q 2023)First quarter 2024 results: EPS: ₹0.08 (up from ₹0.05 loss in 1Q 2023). Revenue: ₹53.7m (up ₹50.7m from 1Q 2023). Net income: ₹1.88m (up ₹3.18m from 1Q 2023). Profit margin: 3.5% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
New Risk • Jul 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risks Revenue is less than US$5m (₹197m revenue, or US$2.4m). Market cap is less than US$100m (₹1.58b market cap, or US$19.1m).
New Risk • Jun 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Revenue is less than US$5m (₹197m revenue, or US$2.4m). Market cap is less than US$100m (₹1.32b market cap, or US$16.0m).
Reported Earnings • Jun 04Full year 2023 earnings released: EPS: ₹0.04 (vs ₹4.41 loss in FY 2022)Full year 2023 results: EPS: ₹0.04 (up from ₹4.41 loss in FY 2022). Revenue: ₹197.4m (down 46% from FY 2022). Net income: ₹1.12m (up ₹111.1m from FY 2022). Profit margin: 0.6% (up from net loss in FY 2022). The move to profitability was driven by lower expenses.
お知らせ • May 30Art Nirman Limited to Report Fiscal Year 2023 Results on May 29, 2023Art Nirman Limited announced that they will report fiscal year 2023 results on May 29, 2023
Reported Earnings • Feb 18Third quarter 2023 earnings released: ₹0.04 loss per share (vs ₹1.12 loss in 3Q 2022)Third quarter 2023 results: ₹0.04 loss per share (improved from ₹1.12 loss in 3Q 2022). Revenue: ₹10.2m (down 60% from 3Q 2022). Net loss: ₹1.09m (loss narrowed 96% from 3Q 2022).
Reported Earnings • Nov 20Second quarter 2023 earnings released: ₹0.02 loss per share (vs ₹0.49 loss in 2Q 2022)Second quarter 2023 results: ₹0.02 loss per share (improved from ₹0.49 loss in 2Q 2022). Revenue: ₹67.3m (down 73% from 2Q 2022). Net loss: ₹379.0k (loss narrowed 97% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 07Art Nirman Limited, Annual General Meeting, Sep 29, 2022Art Nirman Limited, Annual General Meeting, Sep 29, 2022. Location: Club Babylon, S P Road, Nr. Science City Circle, Bhadaj Ahmedabad Gujarat India Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31 March 2022, including Audited Balance Sheet as at 31 March 2022, the statement of Profit and Loss Account and the cash flow statement for the year ended on 31 March, 2022 along with the reports of Auditors and Directors thereon; to consider re-appointment of Directors Retiring by Rotation; to consider and approve the loans, investments, guarantee or security u/s 185 of Companies Act, 2013; to consider in increasing the overall managerial remuneration of the KMP & Directors of the company; and to consider any other matters.
Reported Earnings • Aug 12First quarter 2023 earnings released: ₹0.05 loss per share (vs ₹0.88 loss in 1Q 2022)First quarter 2023 results: ₹0.05 loss per share (up from ₹0.88 loss in 1Q 2022). Revenue: ₹3.03m (down 98% from 1Q 2022). Net loss: ₹1.31m (loss narrowed 94% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance.
分析記事 • Aug 12Calculating The Fair Value Of Art Nirman Limited (NSE:ARTNIRMAN)In this article we are going to estimate the intrinsic value of Art Nirman Limited ( NSE:ARTNIRMAN ) by estimating the...
Reported Earnings • Jun 03Full year 2022 earnings released: ₹4.41 loss per share (vs ₹0.008 profit in FY 2021)Full year 2022 results: ₹4.41 loss per share (down from ₹0.008 profit in FY 2021). Revenue: ₹368.9m (down 57% from FY 2021). Net loss: ₹110.0m (down ₹110.2m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 154 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Mar 08Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be ₹163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% per annum over the last 3 years. The company became loss making over the last 3 years.
分析記事 • Feb 23Calculating The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Art Nirman Limited...
Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹1.12 loss per share (down from ₹0.21 profit in 3Q 2021). Revenue: ₹25.7m (down 89% from 3Q 2021). Net loss: ₹27.9m (down ₹33.2m from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 220 percentage points per year, which is a significant difference in performance.
分析記事 • Nov 12A Look At The Intrinsic Value Of Art Nirman Limited (NSE:ARTNIRMAN)In this article we are going to estimate the intrinsic value of Art Nirman Limited ( NSE:ARTNIRMAN ) by taking the...
Board Change • Sep 22Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Hemang Shah was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
