| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 2.1 | 1.5 | +41.0% |
| EBITDA | −0.1 | −0.0 | — |
| EBITDA margin | −3.9% | −1.4% | −2.4 pts |
| Profit before tax | −0.2 | −0.1 | — |
| Net profit | −0.2 | −0.1 | — |
| EPS | −₹0.08 | −₹0.03 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 91.8 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2.6 | 2.6 | 0.1 | 0.5 | 5.2 | ||
| 73.0 | 73.0 | 18.1 | 2.9 | 0.2 | ||
| 162 | — | — | — | — | ||
| 33.9 | 33.2 | 27.4 | 34.3 | 19.7 | ||
| — | +21.4% | −20.1% | +73.9% | — | ||
| 4.9 | 5.0 | 3.3 | 2.0 | 1.0 | ||
| 14.5% | 14.9% | 12.0% | 6.0% | 4.9% | ||
| 4.4 | 4.5 | 2.7 | 1.4 | 0.3 | ||
| 0.4 | 0.5 | 2.0 | 1.2 | 0.1 | ||
| 1.2% | 1.6% | 7.3% | 3.4% | 0.6% | ||
| ₹0.16 | ₹0.21 | ₹0.80 | ₹0.47 | ₹0.04 | ||
| — | −73.9% | +69.0% | +949.8% | — | ||
| — | −47.3 | −14.0 | 1.6 | −7.3 | ||
| — | −0.0 | −0.0 | −0.0 | −0.0 | ||
| −47.3 | −47.3 | −14.1 | 1.6 | −7.3 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 91.8 | |
| - Cash, Equiv & ST Investments | 5.2 | 0.5 | 0.1 | 2.6 | 2.6 | |
| + Total Debt | 0.2 | 2.9 | 18.1 | 73.0 | 73.0 | |
| Enterprise Value | — | — | — | — | 162.2 | |
| Revenue | 19.7 | 34.3 | 27.4 | 33.2 | 33.9 | |
| Growth %, YoY | — | +73.9 | -20.1 | +21.4 | — | |
| EBITDA | 1.0 | 2.0 | 3.3 | 5.0 | 4.9 | |
| Margin % | 4.93 | 5.95 | 11.97 | 14.91 | 14.46 | |
| EBIT | 0.3 | 1.4 | 2.7 | 4.5 | 4.4 | |
| Net Income | 0.1 | 1.2 | 2.0 | 0.5 | 0.4 | |
| Margin % | 0.57 | 3.44 | 7.28 | 1.56 | 1.17 | |
| EPS, Adj (current shares) | 0.04 | 0.47 | 0.80 | 0.21 | 0.16 | |
| Growth %, YoY | — | +949.8 | +69.0 | -73.9 | — | |
| Cash from Operations | -7.3 | 1.6 | -14.0 | -47.3 | — | |
| Capital Expenditures | -0.0 | -0.0 | -0.0 | -0.0 | — | |
| Free Cash Flow | -7.3 | 1.6 | -14.1 | -47.3 | -47.3 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Art Nirman (NSE: ARTNIRMAN) had a market capitalisation of ₹91.8 crore at the 30 October 2026 close (₹36.80 a share), a PE ratio of 231.4 on the last four quarters' profit and a price-to-book ratio of 2.47. In FY26 its consolidated net profit was ₹52 lakh on revenue of ₹33.2 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹20 lakh. Its debt-to-equity ratio was 1.96 on 31 March 2026. Promoters held 73.75% of the shares on 30 September 2026.
Art Nirman's PE ratio is 231.4 at the 30 October 2026 close (₹36.80 a share): a market capitalisation of ₹91.8 crore divided by consolidated net profit of ₹40 lakh over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹52 lakh) it is 176.6.
Art Nirman's net worth — shareholders' equity in its consolidated balance sheet — was ₹37.2 crore on 31 March 2026, down 0.1% from ₹37.3 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹91.8 crore at the 30 October 2026 close.
Art Nirman's book value per share was ₹14.92 on 31 March 2026: shareholders' equity of ₹37.2 crore divided by the 2.5 crore shares in issue, down 0.1% from ₹14.94 a year earlier. The share price at the 30 October 2026 close was ₹36.80.
Art Nirman's price-to-book (PB) ratio is 2.47 at the 30 October 2026 close: a market capitalisation of ₹91.8 crore divided by shareholders' equity (book value) of ₹37.2 crore on 31 March 2026. That is a book value of ₹14.92 per share against a share price of ₹36.80.
In FY26, Art Nirman's return on equity (ROE) was 1.4% and its return on capital employed (ROCE) was 5.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 5.5% and ROCE 5.4%.
On 30 September 2026, Art Nirman's shares were held by promoters 73.75%, foreign portfolio investors (FII/FPI) 0.00%, domestic institutions (DII) 0.00% (including mutual funds at 0.00%) and retail and other non-institutional investors 26.25%.
Art Nirman's market capitalisation was ₹91.8 crore at the 30 October 2026 close: 2.5 crore shares at ₹36.80 each.
Art Nirman's basic earnings per share (EPS) were ₹0.21 in FY26, against ₹0.80 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.16.
Art Nirman will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
No. Art Nirman had borrowings of ₹73 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.96. Its cash and current investments were ₹7 crore, so its net debt was ₹66 crore.
Art Nirman's debt-to-equity ratio was 1.96 on 31 March 2026: borrowings of ₹73 crore against total equity of ₹37.2 crore. A year earlier, on 31 March 2025, it was 0.48.
Promoters held 73.75% of Art Nirman on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Art Nirman generated ₹47.3 crore of cash from operations and spent ₹3 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹47.3 crore. In FY25 it was −₹14.1 crore.
Art Nirman's latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net loss ₹20 lakh, wider than the loss of ₹7.2 lakh in Q1 FY26; revenue from operations ₹2.1 crore, up 41.0% year on year.
In FY26 (April 2025–March 2026), Art Nirman's consolidated net profit was ₹52 lakh, down 73.9% from ₹2 crore in FY25, on revenue from operations of ₹33.2 crore (up 21.4%). Over three years, from FY23, net profit was up 363.0%.
On FY26 consolidated figures, against Beardsell, Moksh Ornaments and Gradiente Infotainment: Art Nirman's operating margin of 13.5% is the second highest of the four (Beardsell 6.1%, Moksh Ornaments 2.2%, Gradiente Infotainment 14.0%; peer average 7.4%); its return on equity of 1.4% is the third highest of the four (Beardsell 13.2%, Moksh Ornaments 8.2%, Gradiente Infotainment 0.9%; peer average 7.5%).
At the 30 October 2026 closing prices, on FY26 net profit, Art Nirman's PE ratio is 176.6, the highest of the four: Beardsell 7.7, Moksh Ornaments 7.5 and Gradiente Infotainment 19.0, a peer average of 11.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Art Nirman earned net profit of ₹52 lakh on revenue of ₹33.2 crore, against ₹11.4 crore on ₹275 crore for Beardsell. Art Nirman's operating margin was 13.5% (Beardsell 6.1%) and its return on equity 1.4% (Beardsell 13.2%). At the 30 October 2026 close, Art Nirman's market capitalisation was ₹91.8 crore against ₹87.9 crore for Beardsell, and its PE ratio on FY26 profit 176.6 against 7.7.
From Art Nirman's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.