Art Nirman logo

Art Nirman share price

NSE: ARTNIRMANRealtySmall Cap

Last close ₹38.81up ₹2.45 (6.74%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹36.36.

52-week range of traded prices to 23 Oct 2026
₹29.39Low, 30 Mar 2026₹66.97High, 27 Oct 2025
Market cap
₹97 Cr2,895th largest listed
P/E
244.0
P/B
2.6
Dividend yield
Nonein the last 12 months
ROE
1.1%
ROCE
4.0%
Debt to equity
1.96
Volume, NSE
2,98863.8% delivered

Share price

Daily closes since Oct 2016, adjusted for splits and bonuses

−33.6%over a year

Results20-session average 6,447 shares a day, 77.0% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Sep

Revenue
₹2.11 Crdown 90.59%
Net profit
−₹0.20 CrQuarter to Mar 2026: ₹0.09 Cr
Net margin
−9.2%

Revenue by year

Peak revenue ₹85 Cr, year to Mar 2021

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown
₹ croreSep 2024Filed 14 NovDec 2024Filed 12 FebMar 2025Filed 26 MayJun 2025Filed 13 AugSep 2025Filed 28 NovDec 2025Filed 13 FebMar 2026Filed 26 MayJun 2026Filed 5 Sep
Revenue8.54.58.91.56.82.522.52.1
Net profit0.50.30.8−0.10.40.10.1−0.2
Net margin6.3%6.2%8.7%−4.8%6.4%2.7%0.4%−9.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, REAL ESTATE, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 94% of 608 trading days over the last 3 years.

LowestHighest
Its median96.0Industry median16.2
Price to book

At or below today's level on 4% of 967 trading days since Nov 2022.

LowestHighest
Its median3.7Industry median1.4
EV to EBITDA33.3

At or below today's level on 5% of 734 trading days over the last 3 years.

LowestHighest
Its median52.6Industry median16.7

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−31.7%−73.8%+160.4%0.0%
3 years−16.6%+66.7%−50.0%0.0%
5 years−1.7%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters73.75%
  • Individuals and others26.25%
Holder
ASHOKKUMAR RAGHURAM THAKKERPromoter66.75%
DHARMISTHABEN ASHOKKUMAR THAKKARPromoter3.51%
PIYUSHKUMAR C THAKKARPromoter3.49%
AJAYKUMAR JAMNALAL PUJARAResident individuals, over ₹2 lakh at face value3.43%
KEVIN ARVINDKUMAR THAKKARResident individuals, over ₹2 lakh at face value1.76%
MAULIK ARVINDBHAI THAKKARResident individuals, over ₹2 lakh at face value1.66%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Residential, Commercial Projects, 172 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Art Nirman in market cap. 4 companies in the table last traded before then: their rows are priced on their last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Virya Resources logoVirya ResourcesVIRYA105–20.0–––−5.2%−4.6%0.00%
Grovy India logoGrovy IndiaGROVY10227.4––+61.8%+17.7%17.0%7.9%0.17%
Shantidoot Infra ServicesSISL10170.28.2–+48.8%−73.0%12.5%–0.00%
Supreme Holdings & Hospitality (India) logoSupreme Holdings & Hospitality (India)SUPREME99–0.2–−86.4%––−0.4%0.00%
Shri Krishna Devcon logoShri Krishna DevconSHRIKRISH8821.71.015.7−18.7%−19.7%4.6%5.8%0.00%
Shervani Industrial Syndicate logoShervani Industrial SyndicateSHERVANI87333.90.7–−61.2%−93.5%0.2%−1.1%0.74%
V R Infraspace logoV R InfraspaceVR8512.32.1–+135.2%+244.1%18.1%–0.00%
Prerna Infrabuild logoPrerna InfrabuildPRERINFRA80–0.8–+42.7%––−0.2%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Art Nirman share price by year

Each calendar year to 2025.Art Nirman share price history

YearClose at year endChangeHighest closeLowest close
202546.27−16.7%67.7241.31
202455.53−1.5%92.1249.80
202356.35−15.3%91.5041.50
202266.50−51.1%174.5061.25
2021135.90+547.1%186.6020.85
202021.00−20.0%21.0021.00
201926.25+54.4%27.1516.55
201817.00−43.3%29.0017.00
201730.00+7.1%33.7525.00
201628.00–36.0026.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 24 Feb 2021. 2020 is from its first session, 2 Dec 2020. 2019 is from its first session, 25 Jan 2019. 2018 is from its first session, 31 Jan 2018. 2016 is from its first session, 19 Oct 2016. The close is the year's last trade for 2020 (2 Dec 2020), 2019 (30 Oct 2019) and 2018 (1 Oct 2018).

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202636.3740.6436.3638.8137.812,98863.8%
22 Oct 202641.9441.9536.2636.3639.391,06186.2%
21 Oct 202639.5340.8839.2339.2339.4917981.6%
19 Oct 202632.5041.0032.5039.7240.171,58590.3%
16 Oct 202640.8940.8937.5138.1939.254,99255.2%
15 Oct 202641.3541.9738.0239.0839.937,86874.8%
14 Oct 202647.0047.0040.0042.4244.2765,80842.6%
13 Oct 202642.7043.7139.8843.7143.2830,43288.6%
12 Oct 202638.5139.9434.5336.4337.7266681.7%
9 Oct 202638.0039.4037.0938.9038.3749391.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Open offer history

Ex-dateEventPrice factorWhat happened
2 Dec 2020Price move–This is the share's first trade after a corporate action (ANNUAL GENERAL MEETING, ex-date 22 Sep 2020), and the action's terms do not account for the move. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Art Nirman Limited
NSE symbol
ARTNIRMAN
ISIN
INE738V01013
Industry
Realty
Listed
Oct 2016
Face value
₹10