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ART NIRMAN

ART NIRMAN Latest Share Price (ARTNIRMAN)

TechnicalsTV Chart
39.00
1.57−3.87%
Overall Score42/100
Day range39
₹39.00
41
52-week29
₹39.00
67
Above low+32.7%
Below high41.8%
Range position26%
Open40.78
Prev Close40.57
Bid38.98100
Ask39.03100

TODAY IN ONE LINE

ARTNIRMAN dropped 3.9% on light volume, lagging Nifty's 0.3% move, with no exchange filing today, suggesting a market-driven move.

With a market cap of ₹97.33 Cr., it trades at a P/E of N/A. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume1499%vs 20D avg
Price Band20
Lower Band32.46
Upper Band48.68
Tick Size0.01
Daily Volatility3.25%
Annualised Vol62.09%
Market Cap₹97.33 Cr.
Promoter73.75%
Face Value₹10
Fwd P/E
PEG0.23
EV/EBITDA44.66
P/S2.99
ROA2.65%
Beta0.67
Div Payout
THE STOCK SCORE
Overall Score42/100
Updated 18 Sept

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

ART NIRMAN flags & news 

Key strengths, potential risks, and recent updates.

2 green flags🚩 5 red flags

Green Flags

  • High Promoter HoldingPromoters hold 73.8% skin-in-the-game
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Earnings DeclineEPS (TTM) has contracted by 87.1% YoY
  • Sales ContractionQuarterly sales dropped 90.6% YoY
  • Poor Capital ReturnsLow ROE of 1.4%
  • Expensive ValuationTrading at a high P/E ratio of 80.3x
  • High Leverage RiskDebt-to-Equity is elevated at 1.96x

Latest ART NIRMAN News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

15 SEPT 2026
corporate
Reply to Clarification- Financial results - The Exchange had sought clarification from Art Nirman Limited for the quarter ended 30-Jun-2026 with...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

ART NIRMAN valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for ART NIRMAN, framed against the sector median so the premium or discount is obvious at a glance.

Key MetricsMarket + reported · 18 Sept 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹97.33 Cr.
P/E Ratio
P/B Ratio
EPS
₹-0.08
Profitability

Profitability

ROE
1.4%
ROCE
1.85%
Net Margin
6.12%
Op Margin
14.55%
Growth

Growth

EPS YoY
-87.1%
Revenue YoY
151.9%
Qtr Sales
-90.59%
Qtr Profit
-318.23%
Financial Health

Financial Health

Debt / Equity
1.96
Book Value
₹14.92
Div Yield
Promoter Holding
73.75%
Technicals

ART NIRMAN technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for ART NIRMAN — derived from the latest tape, not yesterday's close.

ART NIRMAN last traded at ₹39 with an intraday range of ₹39–₹40.78 — latest indicator, pivot and CPR signals below.

Last updated: 20 September 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹39.00
LevelPrice (₹)Distance% Δ
R443.75+4.75+12.17%
R341.97+2.97+7.61%
R241.37+2.37+6.09%
R140.19+1.19+3.04%
PIVOT39.590.591.52%
CURRENT39.00
S138.41-0.59-1.52%
S237.81-1.19-3.04%
S336.63-2.37-6.09%
S434.85-4.15-10.65%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 39.30P: 39.59TC: 39.89
R1
R2
R3
R4
indicator
LTP: 39.00
PDH: 40.97
PDL: 39.13
● Market Sentiment

ARTNIRMAN is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 39.1340.97

● Price Position

Trading Below opening range, showing Bearishness

Financials

ART NIRMAN financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for ART NIRMAN — consolidated or standalone — with margins, YoY growth and key ratios inline.

ART NIRMAN reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹97.33 Cr. and reported EPS of ₹-0.08.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

ART NIRMAN segment analysis : revenue and profit mix.

Disclosed business segments at ART NIRMAN with their share of revenue and profit, switchable between consolidated and standalone reporting.

ART NIRMAN discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for ART NIRMAN.

Our AI distills the core fundamental drivers supporting ART NIRMAN, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

ART NIRMAN's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Promoter holding 73.75% demonstrates strong founder commitment and shareholder alignment.

  • Current ratio 4.48x indicates robust short-term liquidity and operational flexibility.

  • Operating margin 9.83% provides moderate profitability cushion despite challenging conditions.

  • Diversified portfolio across residential, commercial, and plotting projects mitigates concentration risk.

  • Price-to-book ratio 2.44x below peer median suggests modest valuation on asset basis.

bear case

Key Risks.

  • Latest quarterly EPS declined 88.5% YoY, severely eroding earnings quality and investor confidence.

  • TTM EPS declined 87.1% YoY, reflecting sustained deterioration in profitability and operations.

  • Debt-to-equity ratio jumped to 1.96x from 0.48x prior year; extreme leverage spike signals distress.

  • Operating cash flow negative ₹80.49 Cr in latest quarter, creating severe cash burn and liquidity pressure.

  • P/E ratio 80.27x far exceeds sector median ~30x, indicating significant overvaluation at current price.

flip conditions

Flip Conditions.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 2.46. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

ART NIRMAN shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in ART NIRMAN — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Public26.25%
Promoters73.75%

Ownership Distribution

Retail & Public
26.25%
Promoters
73.75%

Category Trends

Foreign Institutions Breakdown
Total Holding: %
Net Change: undefined%
Category Total0.00%
Total Holding0.00%
Net Change+0.00%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

No detailed foreign institutions data disclosed

Detailed institutional breakdown is not disclosed by the company for foreign institutions

Peers

ART NIRMAN peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ART NIRMAN is highlighted for quick read-across.

09 · Chart Patterns

ART NIRMAN chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for ART NIRMAN — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

ART NIRMAN delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for ART NIRMAN over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in ART NIRMAN stood at 64.3% of traded volume, against a 20-day average of 89.4%.

Avg Delivery (20D)89.4%-25.1 ppt latest vs avg
Highest Delivery100%on 08 Sept
Avg Volume (20D)1.3 K20-day run-rate
Conviction Trend↑ Strengthening-25.1 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

ART NIRMAN announcements: results, concalls, ratings, M&A.

Filings ART NIRMAN sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

ART NIRMAN files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 51 documents below.

  1. 15 Sept 2026Reply to Clarification- Financial resultsView PDF

    Reply to Clarification- Financial results

    The Exchange had sought clarification from Art Nirman Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing…

  2. 07 Sept 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Art Nirman Limited has informed the Exchange about Copy of Newspaper Publication

  3. 05 Sept 2026UpdatesView PDF

    Updates

    Art Nirman Limited has informed the Exchange regarding 'Shareholder Letter regarding the Annual General Meeting '.

  4. 05 Sept 2026Shareholders meetingView PDF

    Shareholders meeting

    Art Nirman Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 26, 2026

  5. 31 Aug 2026Clarification - Financial ResultsView PDF

    Clarification - Financial Results

    The Exchange has sought clarification from Art Nirman Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing…

Corporate Actions

ART NIRMAN dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue ART NIRMAN has declared, sequenced by announce and record date.

ART NIRMAN corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About ART NIRMAN: business, sector, key facts.

What ART NIRMAN does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

ART NIRMAN operates in the Residential Commercial Projects industry under the Realty sector, listed as NSE: ARTNIRMAN.

ARTNIRMAN
Realty

ART NIRMAN

NSE · ARTNIRMAN·www.artnirman.com

Art Nirman Limited is an Indian real estate development company primarily focused on construction and development projects within the country. Their business model encompasses a diverse range of real estate ventures, catering to various market segments.

A significant portion of their activities centers around the development of residential properties. This includes constructing and marketing a variety of housing options, likely targeting different income levels and family sizes. The specific types of residential units they build are not detailed in the provided information, but it is safe to assume this is a substantial portion of their overall portfolio.

Beyond residential projects, Art Nirman Limited also engages in the development of commercial real estate. This involves creating and managing spaces suitable for businesses, encompassing a spectrum of property types. Their commercial projects include the construction and development of office spaces designed for corporate tenants, showrooms geared towards retail businesses, and shops intended for smaller-scale retail operations.

Furthermore, Art Nirman Limited undertakes the development of plotting projects. This likely involves acquiring land parcels, preparing them for development (including infrastructure improvements), and then selling individual plots to buyers who may choose to construct their own homes or commercial buildings. This aspect of their business suggests a level of involvement in land acquisition and preparation in addition to direct construction.

In summary, Art Nirman Limited's business operations are characterized by a diverse portfolio encompassing residential, commercial, and plotting projects. Their activities contribute to the Indian real estate market, offering a variety of properties to both individual home buyers and commercial entities. The company's history, dating back to its incorporation in 2011 (formerly Vishnudhara Buildcon Private Limited), suggests a track record in the industry and an established presence within the Ahmedabad, India, market.

company facts
Employees
SectorRealty
HeadquartersAhmedabad, India
Market Cap₹97.33 Cr.
Listed OnNSE
leadership10 on record
Mr. Ashokkumar Raghuram Thakker
Chairman & MD
Mr. Ashokumar Thakker
Chairman of the Board, Managing Director
Mr. Chetankumar Modi
Chief Financial Officer
Mr. Chetankumar Rasiklal Modi
Chief Financial Officer
Mr. Hemang Shah
Independent Director
Mr. Krunal Mistry
Independent Director
Mr. Piyushkumar Chandrakantbhai Thakkar
Executive Director
Mr. Piyushkumar Thakkar
Executive Director
Ms. Ankita Jain
Company Secretary & Chief Compliance Officer
Ms. Dharmishthaben Thakkar
Non-Executive Director
§ ∞ · Plainly Answered

Questions investors ask about ART NIRMAN (ARTNIRMAN).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of ART NIRMAN (ARTNIRMAN)?

The current share price of ART NIRMAN (ARTNIRMAN) is ₹39.00. Today, the stock has declined by ₹1.57 (3.87%), trading in a range of ₹39.00 to ₹40.78. The stock opened at ₹40.78 with a trading volume of 14 shares.

02What is the 52-week high and low price of ART NIRMAN stock?

The 52-week high price of ART NIRMAN (ARTNIRMAN) is ₹66.97, while the 52-week low is ₹29.39. Currently trading at ₹39.00, the stock is 32.7% above its 52-week low and 41.76% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

03What is the dividend yield of ART NIRMAN and when is the next dividend?

ART NIRMAN offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹39.00, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

04How is ART NIRMAN stock performing today in the market?

ART NIRMAN stock opened at ₹40.78 and is currently trading at ₹39.00, showing a decline of ₹1.57 (3.87%). The intraday high is ₹40.78 and low is ₹39.00. The trading volume stands at 14 shares, indicating moderate market participation today.

05What is the market capitalization of ART NIRMAN?

ART NIRMAN has a market capitalization of ₹97.33 Cr., making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹39.00) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.

06What is the ROE and ROCE of ART NIRMAN?

ART NIRMAN has a Return on Equity (ROE) of 1.4% and Return on Capital Employed (ROCE) of 1.85%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.

07Which sector and industry does ART NIRMAN belong to?

ART NIRMAN operates in the Realty sector and belongs to the Residential Commercial Projects industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.

08What is the debt-to-equity ratio of ART NIRMAN?

ART NIRMAN has a debt-to-equity ratio of 1.96, which measures the company's financial leverage by comparing total debt to shareholders' equity. A ratio above 1 suggests the company uses more debt than equity for financing. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.

Disclaimer

The data, ratios and commentary about ART NIRMAN (ARTNIRMAN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.