ARTNIRMAN.NS
Key Ratios

Net Profit Margin: Making very low profit as compared to its revenue which generally means either business is inefficient or cost of making the product or services is higher than what it is finally worth

Acid Test Ratio: It has very strong liquidity, which means it can can cover its liabilities without relying on inventory

Inventory Turnover: Very Slow Inventory movement or over stocking risk

Coverage Analysis: Moderate risk, company is just able to pay its interest payments from its entire earnings (EBIT + Lease Payments)

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

P/E Ratio: Overvalued stock which means company is making very less revenue per share but stock price is very high which represent speculative stock

Performance Graph
Financial Ratios
Ratio Value
PE Ratio1253.36
Net Profit Margin0.01
Acid Test Ratio2.92
Inventory Turnover0.63
Coverage Ratio1.41
Debt to Equity0.07
Key Ratios

Net Profit Margin: Making very low profit as compared to its revenue which generally means either business is inefficient or cost of making the product or services is higher than what it is finally worth

Return on Assets: Very high efficiency of the assets which indicates assets are making high contribution to the revenue

Return on Equity: Very low income of the company when compared with its equity, which means inefficient equity

Performance Graph
Profitability Ratios
Ratio Value
Net Profit Margin0.01
Return on Assets0.43
Return on Equity0.00
Performance Graph
Key Ratios

Acid Test Ratio: It has very strong liquidity, which means it can can cover its liabilities without relying on inventory

Current Ratio: It would not have any issues to cover its short-term liabilities because of strong liquidity

Performance Graph
Liquidity Ratios
Ratio Value
Acid Test Ratio2.92
Current Ratio4.26
Performance Graph
Key Ratios

Inventory Turnover: Very Slow Inventory movement or over stocking risk

Performance Graph
Efficiency Ratios
Ratio Value
Inventory Turnover0.63
Performance Graph
Key Ratios

Coverage Analysis: Moderate risk, company is just able to pay its interest payments from its entire earnings (EBIT + Lease Payments)

Performance Graph
Coverage Ratios
Ratio Value
Coverage Ratio1.41
Performance Graph
Key Ratios

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

Interest Coverage Ratio: Company is at risk of getting default as it is struggling to cover interest payments

Performance Graph
Solvency Ratios
Ratio Value
Debt to Equity Ratio0.07
Interest Coverage Ratio1.41
Performance Graph
Key Ratios

P/E Ratio: Overvalued stock which means company is making very less revenue per share but stock price is very high which represent speculative stock

Dividend Yield: NA

Performance Graph
Market Ratios
Ratio Value
P/E Ratio1253.36
Gross Profit Margin0.54
Price to Book Ratio4.12
Dividend Yield0.00
Performance Graph

Balance Sheet Analysis of Art Nirman Limited

The balance sheet in the financial statement of the company shows its financial position at a particular point in time.

It consists of the following:

  • Assets: Something that the company owns and that gives financial benefits over a period of time.
  • Liabilities: Something that a company owes and that has a financial burden on the company.
  • Equity: It is basically the owner’s share in the company.

The formula is:

Assets = Liabilities + Equity
đź“ŚAssets:
Asset
Value & Year
2023
2022
2021
Total Assets 518874000 449784000 632151000
Total Non Current Assets 63708000 73032000 79189000
Other Non Current Assets - 1000 -1000
Non Current Prepaid Assets 3893000 3169000 2158000
Non Current Deferred Taxes Assets - - -
Financial Assets - - -
Investment In Financial Assets - 3163000 3435000
Held To Maturity Securities - - -
Available For Sale Securities - 3163000 3435000
Financial Assets Fair Value - - -
Long Term Equity Investment - - -
Investments In Associates At Cost - - -
Goodwill And Other Intangible Assets 53000 53000 53000
Other Intangible Assets 53000 53000 53000
Goodwill - - -
Net Ppe 57753000 64732000 71724000
Accumulated Depreciation -48700000 -41653000 -34516000
Gross Ppe 106453000 106385000 106240000
Construction In Progress - - -
Other Properties 16008000 15973000 15973000
Machinery Furniture Equipment 44741000 44708000 44563000
Buildings And Improvements 45704000 45704000 45704000
Land And Improvements - - -
Properties - - -
Current Assets 455167000 376751000 552962000
Other Current Assets 28473000 949000 1000
Hedging Assets Current - - -
Assets Held For Sale Current - - -
Restricted Cash - - -
Prepaid Assets 51001000 61752000 67368000
Inventory 143117000 82319000 332051000
Other Inventories - - -
Finished Goods - - 3018000
Work In Process 143117000 82319000 329033000
Raw Materials - - -
Other Receivables 552000 656000 1335000
Taxes Receivable - - -
Accounts Receivable 230060000 179554000 141300000
Allowance For Doubtful Accounts Receivable - - -
Gross Accounts Receivable - - -
Cash Cash Equivalents And Short Term Investments 1964000 51521000 10907000
Other Short Term Investments - - -
Cash And Cash Equivalents 1964000 51521000 10907000
Cash Equivalents - - -
Cash Financial 1964000 51521000 10907000
đź“Ś Liabilities & Equity
Liability/Equity
Value & Year
2023
2022
2021
Net Debt 23298000 - 38594000
Total Debt 25262000 2271000 49501000
Total Liabilities Net Minority Interest 177722000 109754000 182151000
Total Non Current Liabilities Net Minority Interest 70923000 56528000 98990000
Other Non Current Liabilities - 52410000 47545000
Derivative Product Liabilities - - -
Non Current Pension And Other Postretirement Benefit Plans - - -
Trade And Other Payables Non Current - - -
Non Current Deferred Revenue 44100000 52410000 47545000
Non Current Deferred Taxes Liabilities 2539000 2825000 2922000
Long Term Debt And Capital Lease Obligation 24284000 1293000 48523000
Long Term Capital Lease Obligation - - -
Long Term Debt 24284000 1293000 48523000
Long Term Provisions - - -
Current Liabilities 106799000 53226000 83161000
Other Current Liabilities -2000 -1000 47155000
Current Deferred Taxes Liabilities 655000 644000 20000
Current Debt And Capital Lease Obligation 978000 978000 978000
Current Capital Lease Obligation - - -
Current Debt 978000 978000 978000
Pension And Other Post Retirement Benefit Plans Current - - -
Current Provisions 655000 644000 20000
Payables 105168000 16817000 37412000
Other Payable 37467000 485000 1631000
Dividends Payable - - -
Total Tax Payable - - -
Accounts Payable 67701000 16332000 35781000
Common Stock Equity 341152000 340030000 450000000
Total Capitalization 365436000 341323000 498523000
Total Equity Gross Minority Interest 341152000 340030000 450000000
Minority Interest - - -
Stockholders Equity 341152000 340030000 450000000
Other Equity Interest - - -
Treasury Stock - - -
Retained Earnings -66580000 -67702000 42268000
Additional Paid In Capital 158172000 158172000 158172000
Capital Stock 249560000 249560000 249560000
Common Stock 249560000 249560000 249560000

Income statement interpretation for Art Nirman Limited

The income statement in the financial statement of the company shows its company financial performance over a period in time.

It consists of the following:

  • Revenue: It is the total amount of money earned from the core business activity of the company.
  • Expenses: It is the total amount required for running the full functionality of the company.
  • Profit or loss:In very simple terms, when a company pays its expenses using its revenue, then what’s left is profit, and in case expenses are more when compared with revenue, then it is loss.
đź“ŚRevenue & Profitability
Revenue/Profitability
Value & Year
2023
2022
2021
Total Revenue 197168000 366512000 848932000
Operating Revenue 197168000 366512000 848932000
Cost Of Revenue 90299000 363743000 718466000
Gross Profit 106869000 2769000 130466000
Ebitda 9968000 -98433000 26276000
Ebit 2880000 -105570000 19023000
Operating Income 2643000 -106185000 17001000
Net Income 1122000 -109970000 204000
Net Income From Continuing Operation Net Minority Interest 1122000 -109970000 204000
Net Income From Continuing And Discontinued Operation 1122000 -109970000 204000
Net Income Common Stockholders 1122000 -109970000 204000
Net Income Including Noncontrolling Interests 1122000 -109970000 204000
Net Income Discontinuous Operations - - -
Net Income Continuous Operations 1122000 -109970000 204000
Normalized Income 1132500 -110250701 -119400
Normalized Ebitda 9983000 -98714000 25814000
Total Unusual Items -15000 281000 462000
Total Unusual Items Excluding Goodwill -15000 281000 462000
đź“ŚExpenses & Taxes
Expenses/Taxes
Value & Year
2023
2022
2021
Reconciled Depreciation 7088000 7137000 7253000
Reconciled Cost Of Revenue 90299000 363743000 718466000
Total Expenses 194525000 472697000 831931000
Operating Expense 104226000 108954000 113465000
Other Operating Expenses 43928000 73748000 54199000
Depreciation And Amortization In Income Statement 7088000 7137000 7253000
Amortization - 1000 -
Depreciation Income Statement 7088000 7137000 7253000
Selling General And Administration 13747000 958000 19114000
Selling And Marketing Expense 755000 205000 378000
General And Administrative Expense 12992000 753000 18736000
Rent And Landing Fees 2237000 2237000 2877000
Tax Provision -286000 -117000 -96000
Pretax Income 836000 -110087000 108000
Other Non Operating Income Expenses - 615000 1938000
Special Income Charges -15000 281000 462000
Other Special Charges 15000 - 33000
Write Off - -281000 -495000
Net Non Operating Interest Income Expense -1792000 -4183000 -19312000
Total Other Finance Cost 28000 128000 967000
Interest Expense Non Operating 2044000 4517000 18915000
Interest Income Non Operating 280000 334000 570000
đź“Ś Earnings Per Share
Earnings Per Share
Value & Year
2023
2022
2021
Diluted Eps 0.04 -4.41 0.01
Basic Eps 0.04 -4.41 0.01
Diluted Ni Avail To Com Stockholders 1122000 -109970000 204000
Net Income From Continuing Operations 836000 -110087000 108000
Minority Interests - - -

Cash flow analysis for Art Nirman Limited

The cashflow statement in the financial statement of the company shows how cash is moving in or moving out of the company over a period of time.

It consists of the following:

  • Operating activities: Cash flow from the core business operations.
  • Investing activities: Cashflow from investments made by the company.
  • Financing activities: These are cash from loans or by issuing shares or paying out dividends.
đź“ŚOperating Cash Flow
Operating Cash Flow
Value & Year
2023
2022
2021
Operating Cash Flow -72977000 93008000 198090000
Changes In Cash -49556000 40613000 -5550000
Taxes Refund Paid - 20000 200000
Change In Working Capital -82709000 191755000 172832000
Change In Other Current Liabilities - 4865000 -
Change In Other Current Assets -16667000 5346000 -
Change In Payable 45252000 -25693000 -563479000
Change In Inventory -60799000 249733000 660667000
Change In Receivables -50506000 -38255000 75644000
Other Non Cash Items 1792000 4183000 17697000
Stock Based Compensation - - -
Provision And Write Off Of Assets - - -
Depreciation And Amortization 7088000 7137000 7253000
Amortization Cash Flow - 1000 -
Depreciation 7088000 7137000 7253000
đź“ŚInvesting Cash Flow
Investing Cash Flow
Value & Year
2023
2022
2021
Investing Cash Flow 2502000 -646000 1860000
Net Other Investing Changes -818000 -1106000 1615000
Interest Received Cfi 280000 334000 570000
Dividends Received Cfi - - -
Net Investment Purchase And Sale 3163000 272000 -
Sale Of Investment - - -
Purchase Of Investment - - -
Net Business Purchase And Sale - - -
Sale Of Business - - -
Purchase Of Business - - -
Net Ppe Purchase And Sale -123000 -146000 -325000
Sale Of Ppe - - -
Purchase Of Ppe -123000 -146000 -325000
Net Intangibles Purchase And Sale - - -
Purchase Of Intangibles - - -
đź“Ś Financing Cash Flow
Financing Cash Flow
Value & Year
2023
2022
2021
Financing Cash Flow 20919000 -51749000 -205500000
Net Other Financing Charges - - -
Interest Paid Cff -2072000 -4518000 -19882000
Cash Dividends Paid - - -
Common Stock Dividend Paid - - -
Net Common Stock Issuance - - -
Common Stock Payments - - -
Common Stock Issuance - - -
Repurchase Of Capital Stock - - -
Repayment Of Debt - - -
Issuance Of Debt - - -
Issuance Of Capital Stock - - -
Net Issuance Payments Of Debt 22991000 -47231000 -185618000
Net Short Term Debt Issuance - -4517000 -19882000
Short Term Debt Issuance - - -
Net Long Term Debt Issuance 22991000 -47231000 -185618000
Long Term Debt Payments - - -
Long Term Debt Issuance - - -
Net Preferred Stock Issuance - - -
Preferred Stock Payments - - -

Summary

Fundamental Overview of ARTNIRMAN.NS (Art Nirman Limited)

Above is the summary for fundamental analysis of Art Nirman Limited , whose ticker name is ARTNIRMAN.NS and belongs to sector Real Estate, and it is listed in NSE (National Stock Exchange).

The Art Nirman Limited which is listed in NSE (National Stock Exchange) has a PE ratio of 1253.36, ARTNIRMAN.NS has a net profit margin of 0.01, the acid test ratio for ARTNIRMAN.NS is 2.92, ARTNIRMAN.NS has an inventory turnover of 0.63, and ARTNIRMAN.NS has debt-to-equity ratio of 0.07.

The ARTNIRMAN.NS whose company name is Art Nirman Limited has made profit/loss of 0 with total revenue of 0, ARTNIRMAN.NS has assets worth of 0.

1. What is fundamental analysis?

Fundamental analysis is looking into a company’s real business performance by analyzing financial statements, earning reports, and key valuation ratios.

Basically, fundamental analysis involves examining a company’s revenue, profits, losses, debts, assets, liabilities, and ratios calculated using these values to determine long-term investment strategies.

Fundamental analysis may not work for short-term trading of stock; it is usually incorporated by long-term investors.

2. Importance of Fundamental Analysis

Imagine you are locking a good amount of funds into an unknown company for many years. Sounds stupid, right?

This is where fundamental analysis comes into the picture, which turns an unknown enemy into a known friend.

As fundamental analysis involves calculating how a company is actually performing, the real revenue, profits, assets, liabilities, debts, and more. This helps investors to determine what the actual current financial condition of the company is, how much the company’s stock price is justified when compared to earnings (Corporate earnings reports India) that it is making through business, what the probability is that the company will go bankrupt in the future, how much growth the company has shown in the past, and other financial ratios.

All these calculations and analyses determine the financial health of the company, historical business growth, company’s efficiency, and its stock price compared with real earnings (Corporate earnings reports India), which helps traders to make investment decisions for long-term investment strategies.

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