Art Nirman Ltd
Incorporated in 2011, Art Nirman Ltd is in the business of real estate development and allied activities[1]
- Market Cap ₹ 172 Cr.
- Current Price ₹ 68.8
- High / Low ₹ 88.6 / 45.7
- Stock P/E 146
- Book Value ₹ 14.1
- Dividend Yield 0.00 %
- ROCE 4.57 %
- ROE 3.40 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 221 to 35.3 days.
Cons
- Stock is trading at 4.87 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -8.97% over last 3 years.
- Company's cost of borrowing seems high
* 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: Construction Industry: Construction
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.00 | 24.31 | 25.46 | 34.51 | 18.89 | 62.12 | 81.13 | 32.30 | 19.72 | 34.29 | |
-0.01 | -0.15 | -0.96 | 23.04 | 24.28 | 27.02 | 8.91 | 53.77 | 78.54 | 42.21 | 18.75 | 32.25 | |
Operating Profit | 0.01 | 0.15 | 0.96 | 1.27 | 1.18 | 7.49 | 9.98 | 8.35 | 2.59 | -9.91 | 0.97 | 2.04 |
OPM % | 5.22% | 4.63% | 21.70% | 52.83% | 13.44% | 3.19% | -30.68% | 4.92% | 5.95% | |||
0.00 | 0.01 | 0.01 | 0.02 | 0.26 | 0.47 | 0.62 | 0.11 | 0.14 | 0.06 | 0.03 | 0.35 | |
Interest | 0.01 | 0.09 | 0.89 | 0.47 | 0.41 | 5.54 | 7.99 | 6.47 | 1.99 | 0.45 | 0.21 | 0.57 |
Depreciation | 0.01 | 0.02 | 0.08 | 0.09 | 0.34 | 0.82 | 0.76 | 0.75 | 0.73 | 0.71 | 0.71 | 0.68 |
Profit before tax | -0.01 | 0.05 | 0.00 | 0.73 | 0.69 | 1.60 | 1.85 | 1.24 | 0.01 | -11.01 | 0.08 | 1.14 |
Tax % | 0.00% | 40.00% | 30.14% | 47.83% | 30.00% | 29.19% | 33.87% | -100.00% | -0.09% | -37.50% | -2.63% | |
-0.02 | 0.02 | 0.02 | 0.51 | 0.37 | 1.12 | 1.32 | 0.82 | 0.02 | -11.00 | 0.11 | 1.18 | |
EPS in Rs | -20.00 | 20.00 | 20.00 | 1.28 | 0.49 | 1.47 | 1.08 | 0.33 | 0.01 | -4.41 | 0.04 | 0.47 |
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 Years: | 13% |
3 Years: | -25% |
TTM: | 74% |
Compounded Profit Growth | |
---|---|
10 Years: | 50% |
5 Years: | -2% |
3 Years: | 289% |
TTM: | 973% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 29% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -5% |
3 Years: | -9% |
Last Year: | 3% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 4.00 | 7.60 | 7.60 | 12.18 | 24.96 | 24.96 | 24.96 | 24.96 | 24.96 |
Reserves | -0.01 | 0.01 | 0.03 | 0.51 | 6.28 | 7.40 | 11.54 | 20.02 | 20.04 | 9.05 | 9.16 | 10.34 |
1.75 | 6.11 | 12.15 | 2.14 | 17.85 | 62.17 | 50.13 | 33.76 | 4.95 | 0.23 | 2.53 | 2.92 | |
0.21 | 5.96 | 11.93 | 11.52 | 43.06 | 33.69 | 80.55 | 59.38 | 13.26 | 10.74 | 15.24 | 14.96 | |
Total Liabilities | 1.96 | 12.09 | 24.12 | 18.17 | 74.79 | 110.86 | 154.40 | 138.12 | 63.21 | 44.98 | 51.89 | 53.18 |
0.16 | 0.67 | 0.61 | 0.71 | 9.72 | 9.16 | 8.62 | 7.87 | 7.18 | 6.48 | 5.78 | 5.11 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 0.32 | 0.34 | 0.32 | 0.00 | 0.00 |
1.80 | 11.42 | 23.51 | 17.46 | 65.07 | 101.70 | 145.48 | 129.93 | 55.69 | 38.18 | 46.11 | 48.07 | |
Total Assets | 1.96 | 12.09 | 24.12 | 18.17 | 74.79 | 110.86 | 154.40 | 138.12 | 63.21 | 44.98 | 51.89 | 53.18 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.21 | -3.63 | 0.13 | 1.76 | -41.40 | -13.80 | 23.44 | -7.21 | 19.81 | 9.30 | -7.30 | 1.59 | |
0.17 | -0.53 | -0.01 | -0.21 | -9.10 | 0.28 | 0.46 | 0.36 | 0.19 | -0.06 | 0.25 | -1.13 | |
-3.54 | 4.15 | 0.06 | -1.36 | 52.68 | 12.77 | -23.47 | 6.35 | -20.55 | -5.17 | 2.09 | -0.18 | |
Net Cash Flow | -0.15 | -0.01 | 0.18 | 0.20 | 2.18 | -0.75 | 0.43 | -0.50 | -0.56 | 4.06 | -4.96 | 0.28 |
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 | 0.00 | 109.10 | 200.74 | 470.50 | 122.80 | 63.57 | 202.95 | 425.90 | 35.34 | |||
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 | 269.69 | 734.05 | 265.63 | |||
Working Capital Days | 129.27 | 672.66 | 627.20 | 937.14 | 371.93 | 206.91 | 308.61 | 643.01 | 323.38 | |||
ROCE % | 0.00% | 3.55% | 9.72% | 12.74% | 5.73% | 13.11% | 13.03% | 10.11% | 3.11% | -25.09% | 0.82% | 4.57% |
Documents
Announcements
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Price movement
1 April 2022 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Updates
11 October 2021 - Art Nirman Limited has informed regarding 'disclosure under regulation 74(5) of DP Regulation for September 2021.'.
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Trading Window
30 September 2021 - Art Nirman Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Shareholders meeting
27 September 2021 - Art Nirman Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2021. Further, the company has informed …
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Shareholders meeting
25 September 2021 - Art Nirman Limited has informed regarding Proceedings of Annual General Meeting held on September 25, 2021
Business Overview:[1]
ANL in the business of infrastructure and real estate development in residential, commercial and Plotting projects. Its residential projects range from Affordable housing to luxurious flat and towers and luxorious bungalows. Company's commercial projects comprise premium office spaces and showrooms and shops