Art Nirman Past Earnings Performance
Past criteria checks 3/6
Art Nirman's earnings have been declining at an average annual rate of -33.2%, while the Real Estate industry saw earnings growing at 23.6% annually. Revenues have been declining at an average rate of 5% per year. Art Nirman's return on equity is 3.8%, and it has net margins of 4.1%.
Key information
-33.2%
Earnings growth rate
-34.3%
EPS growth rate
| Real Estate Industry Growth | 20.4% |
| Revenue growth rate | -5.0% |
| Return on equity | 3.8% |
| Net Margin | 4.1% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Art Nirman makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 326 | 13 | 12 | 0 |
| 30 Sep 23 | 299 | 11 | 13 | 0 |
| 30 Jun 23 | 246 | 4 | 10 | 0 |
| 31 Mar 23 | 197 | 1 | 13 | 0 |
| 31 Dec 22 | 145 | -41 | 12 | 0 |
| 30 Sep 22 | 160 | -68 | 11 | 0 |
| 30 Jun 22 | 345 | -80 | 9 | 0 |
| 31 Mar 22 | 368 | -110 | 12 | 0 |
| 31 Dec 21 | 540 | -66 | 12 | 0 |
| 30 Sep 21 | 751 | -33 | 13 | 0 |
| 30 Jun 21 | 687 | -26 | 13 | 0 |
| 31 Mar 21 | 851 | 0 | 14 | 0 |
| 31 Dec 20 | 906 | -3 | 15 | 0 |
| 30 Sep 20 | 961 | -5 | 19 | 0 |
| 30 Jun 20 | 791 | 1 | 21 | 0 |
| 31 Mar 20 | 621 | 8 | 23 | 0 |
| 31 Dec 19 | 355 | 7 | 22 | 0 |
| 30 Sep 19 | 88 | 6 | 22 | 0 |
| 30 Jun 19 | 138 | 10 | 22 | 0 |
| 31 Mar 19 | 189 | 13 | 22 | 0 |
| 31 Dec 18 | 218 | 16 | 22 | 0 |
| 30 Sep 18 | 247 | 19 | 22 | 0 |
| 30 Jun 18 | 296 | 15 | 20 | 0 |
| 31 Mar 18 | 345 | 11 | 18 | 0 |
| 31 Mar 17 | 257 | 4 | 8 | 0 |
| 31 Mar 16 | 256 | 5 | 7 | 0 |
| 31 Mar 15 | 0 | 0 | 11 | 0 |
Quality Earnings: ARTNIRMAN has high quality earnings.
Growing Profit Margin: ARTNIRMAN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARTNIRMAN has become profitable over the past 5 years, growing earnings by -33.2% per year.
Accelerating Growth: ARTNIRMAN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ARTNIRMAN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (26.7%).
Return on Equity
High ROE: ARTNIRMAN's Return on Equity (3.8%) is considered low.