ART NIRMAN LIMITED (ARTNIRMAN) financials

ART NIRMAN LIMITED (ARTNIRMAN) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2011, Art Nirman Ltd is in the business of real estate development and allied activities[1]

Market Cap: ₹109Cr.
Current Price: ₹43.7
Stock P/E: 280
ROE: 1.40%
ROCE: 5.85%
Book Value: ₹14.9
Dividend Yield: 0.00%
52W High / Low: ₹67.0/29.4

In Jun 2026, ART NIRMAN LIMITED (ARTNIRMAN) reported sales ₹2.11 Cr and net profit ₹-0.20 Cr.

Annual TTM: sales ₹33.84 Cr, net profit ₹0.39 Cr.

Shareholding: Promoters 73.75% (Jun 2026), Public 26.25% (Jun 2026), No. of Shareholders 3,084% (Jun 2026).

ARTNIRMAN quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	8.46	4.50	8.92	1.50	6.75	2.50	22.48	2.11
Expenses	7.83	4.18	7.10	1.52	5.40	2.37	18.98	2.19
Operating Profit	0.63	0.32	1.82	-0.02	1.35	0.13	3.50	-0.08
OPM %	7.45%	7.11%	20.40%	-1.33%	20.00%	5.20%	15.57%	-3.79%
Other Income	0.09	0.14	0.09	0.12	0.05	0.09	0.10	0.11
Interest	0.02	0.02	1.07	0.03	0.84	0.04	3.28	0.04
Depreciation	0.16	0.16	0.09	0.14	0.12	0.11	0.10	0.15
Profit before tax	0.54	0.28	0.75	-0.07	0.44	0.07	0.22	-0.16
Tax %	0.00%	0.00%	-4.00%	0.00%	0.00%	0.00%	59.09%	25.00%
Net Profit	0.53	0.28	0.77	-0.07	0.43	0.07	0.09	-0.20
EPS in Rs	0.21	0.11	0.31	-0.03	0.17	0.03	0.04	-0.08
Raw PDF	—	—	—	—	—	—	—	—

ARTNIRMAN profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	62.12	81.13	36.83	19.72	34.29	27.39	33.24	33.84
Expenses	53.77	78.54	46.74	18.75	32.25	24.11	28.28	28.94
Operating Profit	8.35	2.59	-9.91	0.97	2.04	3.28	4.96	4.90
OPM %	13.44%	3.19%	-26.91%	4.92%	5.95%	11.98%	14.92%	14.48%
Other Income	0.11	0.14	0.06	0.03	0.35	0.40	0.36	0.35
Interest	6.47	1.99	0.45	0.21	0.57	1.13	4.19	4.20
Depreciation	0.75	0.73	0.71	0.71	0.68	0.58	0.48	0.48
Profit before tax	1.24	0.01	-11.01	0.08	1.14	1.97	0.65	0.57
Tax %	33.87%	-100.00%	-0.09%	-37.50%	-2.63%	-1.52%	20.00%	—
Net Profit	0.82	0.02	-11.00	0.11	1.18	1.99	0.52	0.39
EPS in Rs	0.33	0.01	-4.41	0.04	0.47	0.80	0.21	0.16
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

ARTNIRMAN balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	12.18	24.96	24.96	24.96	24.96	24.96	24.96	24.96
Reserves	16.65	20.02	20.04	9.05	9.16	10.34	12.33	12.28
Borrowings	50.13	33.76	4.95	0.23	2.53	2.92	18.06	72.96
Other Liabilities	75.44	59.38	13.26	10.74	15.23	14.96	13.46	32.17
Total Liabilities	154.40	138.12	63.21	44.98	51.88	53.18	68.81	142.37
Fixed Assets	8.62	7.87	7.18	6.48	5.78	5.11	4.56	4.11
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.30	0.32	0.34	0.32	0.00	0.00	0.00	0.00
Other Assets	145.48	129.93	55.69	38.18	46.10	48.07	64.25	138.26
Total Assets	154.40	138.12	63.21	44.98	51.88	53.18	68.81	142.37

ARTNIRMAN cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	23.44	-7.21	19.81	9.30	-7.30	1.59	-13.41	-47.30
Cash from Investing Activity	0.46	0.36	0.19	-0.06	0.25	-1.13	-0.42	-0.92
Cash from Financing Activity	-23.47	6.35	-20.55	-5.17	2.09	-0.18	13.45	50.72
Net Cash Flow	0.43	-0.50	-0.56	4.06	-4.96	0.28	-0.38	2.50
Free Cash Flow	23.30	-7.22	19.78	9.29	-7.31	1.62	-13.44	-47.33
CFO/OP	240%	-82%	764%	-94%	-753%	78%	-409%	-954%

ARTNIRMAN shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	73.75%	73.75%	73.75%	73.75%	73.75%	73.75%	73.75%	73.75%
Public	26.25%	26.25%	26.25%	26.25%	26.25%	26.25%	26.25%	26.25%
No. of Shareholders	2,861	3,446	3,285	3,378	3,260	3,186	3,118	3,084

ARTNIRMAN key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	470.50	122.80	63.57	177.99	425.90	35.34	33.18	212.48
Inventory Days	—	1,108.74	168.71	82.59	581.00	356.24	—	—
Days Payable	—	104.99	17.78	15.86	272.84	125.95	—	—
Cash Conversion Cycle	470.50	1,126.55	214.50	244.73	734.05	265.63	33.18	212.48
Working Capital Days	935.20	371.35	206.46	269.66	641.16	322.32	646.18	1,097.85
ROCE %	12.60%	9.78%	3.11%	-25.09%	0.82%	4.57%	6.63%	5.85%

ARTNIRMANUpdated 13 Oct 2026, 16:40

Art Nirman Limited

ARTNIRMANUpdated 13 Oct 2026, 16:40

Market Cap

₹109Cr.

Current Price

₹43.7

High / Low

₹67.0/29.4

Stock P/E

280

ROE1.40%

ROCE5.85%

Book Value₹14.9

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 2011, Art Nirman Ltd is in the business of real estate development and allied activities[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	5.22	0.01	5.01	0.16	0.17	0.19	0	0.19	0.08
Sep 2023	11.95	0	11.14	0.03	0.17	0.67	0	0.67	0.27
Dec 2023	3.75	0	3.52	0.02	0.17	0.08	0	0.08	0.03
Mar 2024	13.38	0.56	12.59	0.12	0.16	0.19	-15.79	0.22	0.09
Jun 2024	5.5	0.02	4.99	0.08	0.16	0.41	0	0.41	0.16
Sep 2024	8.46	0.02	7.83	0.09	0.16	0.54	0	0.53	0.21
Dec 2024	4.5	0.02	4.18	0.14	0.16	0.28	0	0.28	0.11
Mar 2025	8.92	1.07	7.1	0.09	0.09	0.75	-4	0.77	0.31
Jun 2025	1.5	0.03	1.52	0.12	0.14	-0.07	0	-0.07	-0.03
Sep 2025	6.75	0.84	5.4	0.05	0.12	0.44	0	0.43	0.17
Dec 2025	2.5	0.04	2.37	0.09	0.11	0.07	0	0.07	0.03
Mar 2026	22.48	3.28	18.98	0.1	0.1	0.22	59.09	0.09	0.04
Jun 2026	2.11	0.04	2.19	0.11	0.15	-0.16	25	-0.2	-0.08

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	0	0.89	-0.96	0.01	0.08	0	—	0.02	20
Mar 2016	24.31	0.47	23.04	0.02	0.09	0.73	30.14	0.51	1.28
Mar 2017	25.46	0.41	24.28	0.26	0.34	0.69	47.83	0.37	0.49
Mar 2018	34.51	5.54	27.02	0.47	0.82	1.6	30	1.12	1.47
Mar 2019	18.89	7.99	8.91	0.62	0.76	1.85	29.19	1.32	1.08
Mar 2020	62.12	6.47	53.77	0.11	0.75	1.24	33.87	0.82	0.33
Mar 2021	81.13	1.99	78.54	0.14	0.73	0.01	-100	0.02	0.01
Mar 2022	36.83	0.45	46.74	0.06	0.71	-11.01	-0.09	-11	-4.41
Mar 2023	19.72	0.21	18.75	0.03	0.71	0.08	-37.5	0.11	0.04
Mar 2024	34.29	0.57	32.25	0.35	0.68	1.14	-2.63	1.18	0.47
Mar 2025	27.39	1.13	24.11	0.4	0.58	1.97	-1.52	1.99	0.8
Mar 2026	33.24	4.19	28.28	0.36	0.48	0.65	20	0.52	0.21
TTM	33.84	4.2	28.94	0.35	0.48	0.57	—	0.39	0.16

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	73.75%
Public	26.25%

Shareholding trend

Ownership over time%

Quarter	Promoters	Public
Sep 2023	73.75%	26.25%
Dec 2023	73.75%	26.25%
Mar 2024	73.75%	26.25%
Jun 2024	73.75%	26.25%
Sep 2024	73.75%	26.25%
Dec 2024	73.75%	26.25%
Mar 2025	73.75%	26.25%
Jun 2025	73.75%	26.25%
Sep 2025	73.75%	26.25%
Dec 2025	73.75%	26.25%
Mar 2026	73.75%	26.25%
Jun 2026	73.75%	26.25%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	Investments	Other Assets	Total Assets
Mar 2015	0.01	0.03	12.15	11.93	24.12	0.61	0	23.51	24.12
Mar 2016	4	0.51	2.14	11.52	18.17	0.71	0	17.46	18.17
Mar 2017	7.6	6.28	17.85	43.06	74.79	9.72	0	65.07	74.79
Mar 2018	7.6	7.4	62.17	33.69	110.86	9.16	0	101.7	110.86
Mar 2019	12.18	16.65	50.13	75.44	154.4	8.62	0.3	145.48	154.4
Mar 2020	24.96	20.02	33.76	59.38	138.12	7.87	0.32	129.93	138.12
Mar 2021	24.96	20.04	4.95	13.26	63.21	7.18	0.34	55.69	63.21
Mar 2022	24.96	9.05	0.23	10.74	44.98	6.48	0.32	38.18	44.98
Mar 2023	24.96	9.16	2.53	15.23	51.88	5.78	0	46.1	51.88
Mar 2024	24.96	10.34	2.92	14.96	53.18	5.11	0	48.07	53.18
Mar 2025	24.96	12.33	18.06	13.46	68.81	4.56	0	64.25	68.81
Mar 2026	24.96	12.28	72.96	32.17	142.37	4.11	0	138.26	142.37

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	0.13	-0.01	0.06	0.18
Mar 2016	1.76	-0.21	-1.36	0.2
Mar 2017	-41.4	-9.1	52.68	2.18
Mar 2018	-13.8	0.28	12.77	-0.75
Mar 2019	23.44	0.46	-23.47	0.43
Mar 2020	-7.21	0.36	6.35	-0.5
Mar 2021	19.81	0.19	-20.55	-0.56
Mar 2022	9.3	-0.06	-5.17	4.06
Mar 2023	-7.3	0.25	2.09	-4.96
Mar 2024	1.59	-1.13	-0.18	0.28
Mar 2025	-13.41	-0.42	13.45	-0.38
Mar 2026	-47.3	-0.92	50.72	2.5

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	—	0.00	109.10	200.74	470.50	122.80	63.57	177.99	425.90	35.34	33.18	212.48
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	244.73	734.05	265.63	33.18	212.48
Working Capital Days	—	129.27	672.66	605.72	935.20	371.35	206.46	269.66	641.16	322.32	646.18	1,097.85
ROCE %	9.72%	12.74%	5.73%	13.11%	12.60%	9.78%	3.11%	-25.09%	0.82%	4.57%	6.63%	5.85%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ART NIRMAN LIMITED (ARTNIRMAN)?

The reported market capitalisation for ART NIRMAN LIMITED (ARTNIRMAN) is ₹109Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ARTNIRMAN?

The current price shown for ART NIRMAN LIMITED (ARTNIRMAN) on Fincrux is ₹43.7 with a 52-week high/low of ₹67.0/29.4.

What is the P/E ratio of ART NIRMAN LIMITED (ARTNIRMAN)?

The stock P/E for ART NIRMAN LIMITED (ARTNIRMAN) is 280 on Fincrux, with ROE at 1.40% and ROCE at 5.85%.

What were ARTNIRMAN latest quarterly results?

For Jun 2026, ART NIRMAN LIMITED (ARTNIRMAN) reported sales ₹2.11 Cr and net profit ₹-0.20 Cr (figures in ₹ crore unless noted).

What are ARTNIRMAN annual sales and net profit?

For TTM, ART NIRMAN LIMITED (ARTNIRMAN) shows sales of ₹33.84 Cr and net profit of ₹0.39 Cr on the Fincrux profit & loss statement.

Who owns ART NIRMAN LIMITED (ARTNIRMAN)?

Latest shareholding for ART NIRMAN LIMITED (ARTNIRMAN) on Fincrux: Promoters 73.75% (Jun 2026), Public 26.25% (Jun 2026), No. of Shareholders 3,084% (Jun 2026).

Where can I find ART NIRMAN LIMITED (ARTNIRMAN) financials?

ART NIRMAN LIMITED (ARTNIRMAN) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ARTNIRMAN balance sheet and cash flow?

Yes. The ART NIRMAN LIMITED (ARTNIRMAN) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 16:40