ARTNIRMAN
Art Nirman Limited (ARTNIRMAN) Stock Analysis
Art Nirman Limited is an Indian real estate developer undertaking residential projects in Gujarat. It builds apartments targeting local homebuyers in Ahmedabad and nearby markets. The company operates as a regional real estate developer. It is a listed small-cap realty stock.
Real Estate › Real Estate - Development
₹38.90
-2.75% 1W | -21.00% 52W
Market Cap
97 CR
P/E Ratio
76.3
52W High
₹67
52W Low
₹29.4
Div. Yield
0%
Beta
0.7
50 DMA
₹40.3
200 DMA
₹41.2
Profit Margin
1.2%
Inst. Own.
0%
🔥 APPROACHING RESISTANCE
🔥 APPROACHING RESISTANCE
Fundamentals
Profit & Loss
| Metric | Jun 2023 | 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 | 5.22 | 11.95 | 3.75 | 13.38 | 5.50 | 8.46 | 4.50 | 8.92 | 1.50 | 6.75 | 2.50 | 22.48 | 2.11 |
| Expenses | 5.01 | 11.14 | 3.52 | 12.59 | 4.99 | 7.83 | 4.18 | 7.10 | 1.52 | 5.40 | 2.37 | 18.98 | 2.19 |
| Operating Profit | 0.21 | 0.81 | 0.23 | 0.79 | 0.51 | 0.63 | 0.32 | 1.82 | -0.02 | 1.35 | 0.13 | 3.50 | -0.08 |
| OPM % | 4.02% | 6.78% | 6.13% | 5.90% | 9.27% | 7.45% | 7.11% | 20.40% | -1.33% | 20.00% | 5.20% | 15.57% | -3.79% |
| Other Income | 0.16 | 0.03 | 0.02 | 0.12 | 0.08 | 0.09 | 0.14 | 0.09 | 0.12 | 0.05 | 0.09 | 0.10 | 0.11 |
| Interest | 0.01 | 0.00 | 0.00 | 0.56 | 0.02 | 0.02 | 0.02 | 1.07 | 0.03 | 0.84 | 0.04 | 3.28 | 0.04 |
| Depreciation | 0.17 | 0.17 | 0.17 | 0.16 | 0.16 | 0.16 | 0.16 | 0.09 | 0.14 | 0.12 | 0.11 | 0.10 | 0.15 |
| Profit before tax | 0.19 | 0.67 | 0.08 | 0.19 | 0.41 | 0.54 | 0.28 | 0.75 | -0.07 | 0.44 | 0.07 | 0.22 | -0.16 |
| Tax % | 0.00% | 0.00% | 0.00% | -15.79% | 0.00% | 0.00% | 0.00% | -4.00% | 0.00% | 0.00% | 0.00% | 59.09% | 25.00% |
| Net Profit | 0.19 | 0.67 | 0.08 | 0.22 | 0.41 | 0.53 | 0.28 | 0.77 | -0.07 | 0.43 | 0.07 | 0.09 | -0.20 |
| EPS in Rs | 0.08 | 0.27 | 0.03 | 0.09 | 0.16 | 0.21 | 0.11 | 0.31 | -0.03 | 0.17 | 0.03 | 0.04 | -0.08 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 24.31 | 25.46 | 34.51 | 18.89 | 62.12 | 81.13 | 36.83 | 19.72 | 34.29 | 27.39 | 33.24 | 33.84 |
| Expenses | -0.96 | 23.04 | 24.28 | 27.02 | 8.91 | 53.77 | 78.54 | 46.74 | 18.75 | 32.25 | 24.11 | 28.28 | 28.94 |
| Operating Profit | 0.96 | 1.27 | 1.18 | 7.49 | 9.98 | 8.35 | 2.59 | -9.91 | 0.97 | 2.04 | 3.28 | 4.96 | 4.90 |
| OPM % | 5.22% | 4.63% | 21.70% | 52.83% | 13.44% | 3.19% | -26.91% | 4.92% | 5.95% | 11.98% | 14.92% | 14.48% | |
| Other Income | 0.01 | 0.02 | 0.26 | 0.47 | 0.62 | 0.11 | 0.14 | 0.06 | 0.03 | 0.35 | 0.40 | 0.36 | 0.35 |
| Interest | 0.89 | 0.47 | 0.41 | 5.54 | 7.99 | 6.47 | 1.99 | 0.45 | 0.21 | 0.57 | 1.13 | 4.19 | 4.20 |
| Depreciation | 0.08 | 0.09 | 0.34 | 0.82 | 0.76 | 0.75 | 0.73 | 0.71 | 0.71 | 0.68 | 0.58 | 0.48 | 0.48 |
| Profit before tax | 0.00 | 0.73 | 0.69 | 1.60 | 1.85 | 1.24 | 0.01 | -11.01 | 0.08 | 1.14 | 1.97 | 0.65 | 0.57 |
| Tax % | 30.14% | 47.83% | 30.00% | 29.19% | 33.87% | -100.00% | -0.09% | -37.50% | -2.63% | -1.52% | 20.00% | ||
| Net Profit | 0.02 | 0.51 | 0.37 | 1.12 | 1.32 | 0.82 | 0.02 | -11.00 | 0.11 | 1.18 | 1.99 | 0.52 | 0.39 |
| EPS in Rs | 20.00 | 1.28 | 0.49 | 1.47 | 1.08 | 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 19.0% | -16.0% | 3.0% |
| Profit CAGR | 68.0% | 92.0% | 0.0% |
Shareholding Pattern
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
Promoters73.75%
Public26.25%
ARTNIRMAN
Holdings Analysis
Key strengths & risk signals
56
Overall
56
Fundamental
57
Technical
Risks (4)
LOW MARGIN! 1.2% profit margin - thin profits.
POOR YEAR! Stock declined 21.0% in the last year.
WEAK POSITION! Current price (38.9) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 2.8% (1 week), 4.0% (1 month), 4.1% (3 months).
Strengths (4)
UNDERVALUED! PEG of 0.83 indicates stock is cheap relative to growth.
BULLISH SENTIMENT! In last 30 days: 15 up days, 12 down days. Avg volume on up days: 1,378 vs down days: 854. Ratio: 1.61x
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
NEUTRAL! RSI at 47.1 - balanced momentum.
Fundamental & Technical Analysis
56Overall
56Fundamental
57Technical
Fundamental Breakdown
Growth Quality
17/30
Revenue CAGR: -16.0% (DECLINING, 2/15). Profit CAGR: 92.0% (EXCELLENT, 15/15).
Profit Margin
2/10
LOW MARGIN! 1.2% profit margin - thin profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.83 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.48 - strong balance sheet.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 26.25% public ownership - balanced ownership structure.
Stability Index
2/10
CAUTION! Company made loss in last quarter. Be careful.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (40.3) is below 200-day average (41.2) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (38.9) is below both moving averages.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
1/10
POOR YEAR! Stock declined 21.0% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 15 up days, 12 down days. Avg volume on up days: 1,378 vs down days: 854. Ratio: 1.61x
RSI
3/5
NEUTRAL! RSI at 47.1 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 25.3% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 2.8% (1 week), 4.0% (1 month), 4.1% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.70 - stable stock, less market risk.
Peer Comparison
Real Estate · Real Estate - Development · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARTNIRMAN | ₹38.90 | 76.3 | 1.2% | -16.0% | 92.0% | -21.0% | 56 | APPROACHING RESISTANCE | +100.0% | -322.2% | +40.7% | -90.6% |
| PARSVNATH | ₹2.30 | – | -188.1% | -34.5% | – | -84.8% | 39 | ANALYZING TREND | – | -2.8% | – | +13.0% |
| SHRIKRISH | ₹32.80 | 22.6 | 19.9% | -11.9% | -1.9% | -8.4% | 37 | CONSOLIDATING DOWN | -35.7% | -18.2% | -20.8% | -38.7% |
| THAKDEV | ₹126.40 | 8.3 | 31.1% | -8.6% | -31.8% | -13.2% | 54 | BREAKDOWN | +614.3% | -576.2% | +104.4% | +283.3% |
| SUPREME | ₹29.60 | 155.9 | 12.2% | -62.7% | -68.0% | -69.0% | 38 | BOUNCE FROM SUPPORT | +300.0% | -500.0% | +1,000.0% | -4.3% |
| DHARAN | ₹0.10 | – | – | -43.7% | – | -74.1% | 27 | APPROACHING RESISTANCE | – | -50.0% | – | +3,400.0% |
| ANSALAPI | ₹3.70 | – | -159.2% | -12.1% | – | -14.8% | 56 | BREAKOUT | – | – | – | – |
| PRAENG | ₹19.70 | – | -63.5% | 8.8% | – | -30.9% | 43 | BREAKDOWN | -16.7% | -68.8% | -66.7% | -31.0% |
Data from TradeAlone · Updated daily
No news tagged for ARTNIRMAN yet.
