Artson Ltd

Artson Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Artson Ltd

₹ 154 -2.34%
12 Mar 9:54 a.m.
artson.net BSE: 522134
About

Incorporated in 1978, Artson Engineering Ltd does supply of equipment, steel structure and site services for mechanical works[1]

Key Points

Business Overview:[1]
AEL is a subsidiary of Tata Projects Ltd. It is a design, EPC company in the oil, gas and hydrocarbon processing industry, and is also engaged in structural fabrication works. Company specializez in tankages, piping and other mechanical packages. It used to bid for engineering procurement and construction (EPC) projects but has temporarily paused bidding for the same. However, AEL continues to secure EPC orders from TPL. Currently, company is focussing more on ship building and manufacturing activities

Website BSE
  • Market Cap ₹ 570 Cr.
  • Current Price ₹ 154
  • High / Low ₹ 220 / 135
  • Stock P/E 135
  • Book Value ₹ -0.63
  • Dividend Yield 0.00 %
  • ROCE 23.2 %
  • ROE %
  • Face Value ₹ 1.00
Edit ratios

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.11% over past five years.
  • Earnings include an other income of Rs.20.0 Cr.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 85.8 days to 123 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
41.92 46.56 37.40 34.06 30.65 29.30 41.89 30.12 31.24 24.88 24.97 19.51 17.81
42.96 45.93 39.10 36.79 29.71 36.37 38.00 26.47 27.70 21.96 22.57 21.11 25.05
Operating Profit -1.04 0.63 -1.70 -2.73 0.94 -7.07 3.89 3.65 3.54 2.92 2.40 -1.60 -7.24
OPM % -2.48% 1.35% -4.55% -8.02% 3.07% -24.13% 9.29% 12.12% 11.33% 11.74% 9.61% -8.20% -40.65%
0.03 0.19 0.05 0.15 0.01 0.77 0.02 0.02 0.02 0.60 0.06 0.23 19.11
Interest 2.64 2.43 2.45 2.37 2.76 2.60 2.74 2.38 2.41 2.78 2.52 2.17 2.43
Depreciation 0.36 0.24 0.29 0.30 0.29 0.33 0.35 0.46 0.69 0.54 0.63 0.63 0.58
Profit before tax -4.01 -1.85 -4.39 -5.25 -2.10 -9.23 0.82 0.83 0.46 0.20 -0.69 -4.17 8.86
Tax % -1.25% 5.95% 11.39% 27.05% -5.71% 8.02% -25.61% -286.75% -8.70% -560.00% -28.99% -27.82% 27.99%
-3.96 -1.96 -4.89 -6.66 -1.99 -9.96 1.03 3.21 0.49 1.32 -0.49 -3.00 6.38
EPS in Rs -1.07 -0.53 -1.32 -1.80 -0.54 -2.70 0.28 0.87 0.13 0.36 -0.13 -0.81 1.73
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
58.99 79.04 64.72 110.50 100.57 132.10 158.01 163.00 150.28 172.64 131.42 128.12 87.17
88.92 81.24 61.67 106.46 96.19 129.39 153.27 151.53 146.14 165.94 141.99 114.14 90.69
Operating Profit -29.93 -2.20 3.05 4.04 4.38 2.71 4.74 11.47 4.14 6.70 -10.57 13.98 -3.52
OPM % -50.74% -2.78% 4.71% 3.66% 4.36% 2.05% 3.00% 7.04% 2.75% 3.88% -8.04% 10.91% -4.04%
-0.35 0.45 0.37 3.22 6.24 9.17 3.37 6.59 1.99 0.87 0.98 0.66 20.00
Interest 7.28 5.07 3.04 3.68 4.03 5.44 6.86 10.02 10.18 10.77 10.17 10.30 9.90
Depreciation 1.85 1.51 2.38 1.89 0.91 1.01 1.13 1.81 1.06 1.17 1.21 2.04 2.38
Profit before tax -39.41 -8.33 -2.00 1.69 5.68 5.43 0.12 6.23 -5.11 -4.37 -20.97 2.30 4.20
Tax % -0.03% 0.00% 0.00% 0.00% -378.35% 76.06% 1,508.33% 111.72% 11.15% 15.10% 12.11% -163.04%
-39.40 -8.33 -2.00 1.69 27.17 1.31 -1.69 -0.74 -5.68 -5.03 -23.51 6.05 4.21
EPS in Rs -10.67 -2.26 -0.54 0.46 7.36 0.35 -0.46 -0.20 -1.54 -1.36 -6.37 1.64 1.15
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%
Compounded Sales Growth
10 Years: 5%
5 Years: -4%
3 Years: -5%
TTM: -34%
Compounded Profit Growth
10 Years: 11%
5 Years: 31%
3 Years: 45%
TTM: 181%
Stock Price CAGR
10 Years: 18%
5 Years: 46%
3 Years: 36%
1 Year: 2%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3.69 3.69 3.69 3.69 3.69 3.69 3.69 3.69 3.69 3.69 3.69 3.69 3.69
Reserves -59.07 -67.41 -69.56 -65.92 2.31 2.15 1.90 1.47 -3.58 -3.20 -18.88 -2.78 -6.02
65.83 60.60 61.28 63.24 20.40 26.12 32.58 58.38 53.81 52.78 59.16 63.68 56.99
53.89 72.85 68.88 110.52 75.26 77.71 105.63 96.22 120.61 87.27 112.10 86.48 80.04
Total Liabilities 64.34 69.73 64.29 111.53 101.66 109.67 143.80 159.76 174.53 140.54 156.07 151.07 134.70
10.25 9.16 6.77 4.03 3.56 4.80 4.59 9.78 9.62 11.08 12.22 16.59 11.77
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.21 0.25 0.27 0.00 0.00 0.20 0.20
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
54.09 60.57 57.52 107.50 98.10 104.87 139.00 149.73 164.64 129.46 143.85 134.28 122.73
Total Assets 64.34 69.73 64.29 111.53 101.66 109.67 143.80 159.76 174.53 140.54 156.07 151.07 134.70

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-2.41 10.84 1.30 10.89 1.41 -0.18 2.81 -12.87 15.89 14.20 -4.44 -3.78
0.31 -0.20 0.70 -0.28 0.28 -2.15 -2.38 -4.75 -2.41 -1.72 -2.41 -1.28
2.48 -9.90 -2.35 -4.43 -11.03 -3.72 -5.00 -8.37 7.26 -16.36 7.10 4.75
Net Cash Flow 0.38 0.74 -0.35 6.18 -9.34 -6.05 -4.57 -25.98 20.73 -3.88 0.25 -0.30

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 103.08 46.46 90.23 201.79 102.85 76.26 81.24 70.85 154.96 120.95 148.64 128.83
Inventory Days 150.63 282.78 241.96 129.14 147.97 164.74 82.75 96.37 59.32 47.00 245.32 181.94
Days Payable 274.57 474.42 327.27 270.27 423.49 416.26 359.55 379.84 459.46 354.48 550.64 401.33
Cash Conversion Cycle -20.86 -145.19 4.93 60.66 -172.67 -175.26 -195.56 -212.62 -245.18 -186.52 -156.67 -90.56
Working Capital Days -108.22 -139.23 -153.68 -84.40 -33.64 3.12 -10.70 85.65 72.69 67.06 67.27 122.96
ROCE % -124.80% -85.40% 70.85% 37.53% 20.42% 31.95% 8.72% 11.94% -22.48% 23.21%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.00% 0.00% 0.00% 0.06% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.05%
24.99% 24.99% 24.99% 24.92% 24.92% 24.98% 24.99% 24.98% 24.98% 24.98% 24.98% 24.94%
No. of Shareholders 18,44520,30320,50221,15521,15021,81723,52622,94721,94320,81120,51819,797

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings