Art Nirman Ltd (ARTNIRMAN) — shareholding pattern, promoter holding, financials and share price
About Art Nirman Ltd (ARTNIRMAN)
Art Nirman Ltd operates in the Residential, Commercial Projects industry, within the Realty sector. It trades on the NSE as ARTNIRMAN and on the BSE under scrip code 538384. Its ISIN is INE738V01013.
Incorporated in 2011, Art Nirman Ltd is in the business of real estate development and allied activities [1]
Art Nirman Limited, originally incorporated as Vishnudhara Builders, is engaged in real estate development, focusing on residential and commercial projects across various segments from affordable housing to luxury properties.
The company has completed several significant projects in Ahmedabad, including the Shri Vishnudhara Cross Road and Shree Vishnudhara Gardens, showcasing a robust project execution record.
Listed peers in Residential, Commercial Projects: Virya Resources Ltd, Shantidoot Infra Services Ltd, Parsvnath Developers Ltd, Dharan Infra-EPC Ltd, Garnet Construction Ltd, Prerna Infrabuild Ltd.
Valuation & Returns
10 Jul 2026At ₹40.57 a share on 10 Jul 2026, Art Nirman Ltd (ARTNIRMAN) was valued at a price-to-earnings ratio of 194.71x against an industry P/E of 33.91x and a price-to-book of 2.72x on a book value of ₹14.94 per share as of Mar 2025. Solomo computes return on equity of 1.39% and return on capital employed of 8.75% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 194.71x
- Industry P/E
- 33.91x
- P/B
- 2.72x
- EPS (TTM)
- ₹0.21
- Book value / share
- ₹14.94
- ROE
- 1.39%
- ROCE
- 8.75%
- ROA
- 0.76%
- Debt / equity
- 0.48x
- Dividend yield
- 0%
- EBITDA margin
- 15.98%
- 52-week range
- ₹29.39 – ₹66.97
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Art Nirman Ltd (ARTNIRMAN) reported revenue of ₹33.24 crore, net profit of ₹0.52 crore and earnings per share of ₹0.21. That compares with revenue of ₹27.39 crore and net profit of ₹1.99 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹22.48 crore and net profit ₹0.09 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 36.83 | 19.72 | 34.29 | 27.39 | 33.24 |
| Net profit (₹ cr) | -11 | 0.11 | 1.18 | 1.99 | 0.52 |
| EPS (₹) | -4.41 | 0.04 | 0.47 | 0.8 | 0.21 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 0.74% | -15.11% | -9.40% | -20.12% |
| Profit growth | 16.30% | 19.53% | - | 68.64% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 73.75% of Art Nirman Ltd (ARTNIRMAN) (unchanged from the previous quarter). Market capitalisation was ₹101 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2017.
Largest disclosed public shareholders in Jun 2026: AJAYKUMAR JAMNALAL PUJARA 3.43%, KEVIN ARVINDKUMAR THAKKAR 1.76%, MAULIK ARVINDBHAI THAKKAR 1.66%, KAMLESH AMRUTLAL PUJARA 1.61%, Thakkar Mayurkumar Jayantilal (Huf) 1.61%, CHIRAGKUMAR JAYANTILAL THAKKAR 1.56%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 73.75% | - | - | - | - |
| Mar 2026 | 73.75% | - | - | - | - |
| Dec 2025 | 73.75% | - | - | - | - |
| Sep 2025 | 73.75% | - | - | - | - |
| Jun 2025 | 73.75% | - | - | - | - |
| Mar 2025 | 73.75% | - | - | - | - |
| Dec 2024 | 73.75% | - | - | - | - |
| Sep 2024 | 73.75% | - | - | - | - |