Art Nirman Limited (ARTNIRMAN) - Net Assets
Based on the latest financial reports, Art Nirman Limited (ARTNIRMAN) has net assets worth Rs376.48 Million INR (≈ $4.07 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs881.17 Million ≈ $9.53 Million USD) and total liabilities (Rs504.69 Million ≈ $5.46 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Art Nirman Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs376.48 Million |
| % of Total Assets | 42.72% |
| Annual Growth Rate | 78.08% |
| 5-Year Change | -17.14% |
| 10-Year Change | 727.74% |
| Growth Volatility | 2723.06 |
Art Nirman Limited - Net Assets Trend (2012–2025)
This chart illustrates how Art Nirman Limited's net assets have evolved over time, based on quarterly financial data. See Art Nirman Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Art Nirman Limited (2012–2025)
The table below shows the annual net assets of Art Nirman Limited from 2012 to 2025. For live valuation and market cap data, see Art Nirman Limited (ARTNIRMAN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs372.86 Million ≈ $4.03 Million |
+5.65% |
| 2024-03-31 | Rs352.94 Million ≈ $3.82 Million |
+3.45% |
| 2023-03-31 | Rs341.15 Million ≈ $3.69 Million |
+0.33% |
| 2022-03-31 | Rs340.03 Million ≈ $3.68 Million |
-24.44% |
| 2021-03-31 | Rs450.00 Million ≈ $4.87 Million |
+0.05% |
| 2020-03-31 | Rs449.80 Million ≈ $4.86 Million |
+56.03% |
| 2019-03-31 | Rs288.27 Million ≈ $3.12 Million |
+92.17% |
| 2018-03-31 | Rs150.01 Million ≈ $1.62 Million |
+8.07% |
| 2017-03-31 | Rs138.81 Million ≈ $1.50 Million |
+208.15% |
| 2016-03-31 | Rs45.05 Million ≈ $487.16K |
+10279.26% |
| 2015-03-31 | Rs434.00K ≈ $4.69K |
+77.14% |
| 2014-03-31 | Rs245.00K ≈ $2.65K |
+1125.00% |
| 2013-03-31 | Rs20.00K ≈ $216.29 |
-90.29% |
| 2012-03-31 | Rs206.00K ≈ $2.23K |
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Equity Component Analysis
This analysis shows how different components contribute to Art Nirman Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3487000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs249.56 Million | 66.93% |
| Other Components | Rs158.17 Million | 42.42% |
| Total Equity | Rs372.86 Million | 100.00% |
Art Nirman Limited Competitors by Market Cap
The table below lists competitors of Art Nirman Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TSR Capital Bhd
KLSE:5042
|
$10.73 Million |
|
AB Panevezio Statybos Trestas
STU:YK3
|
$10.74 Million |
|
Shin Hwa Silup
KO:001770
|
$10.74 Million |
|
HOV Services Limited
NSE:HOVS
|
$10.75 Million |
|
Portage Biotech Inc
NASDAQ:PRTG
|
$10.71 Million |
|
SSH GROUP LTD
F:JRSA
|
$10.70 Million |
|
Progressive Impact Corporation Bhd
KLSE:7201
|
$10.70 Million |
|
Kiora Pharmaceuticals Inc
NASDAQ:KPRX
|
$10.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Art Nirman Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 352,938,000 to 372,862,000, a change of 19,924,000 (5.6%).
- Net income of 19,923,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 103,378,000.
- Other factors increased equity by 103,379,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs19.92 Million | +5.34% |
| Other Comprehensive Income | Rs-103.38 Million | -27.73% |
| Other Changes | Rs103.38 Million | +27.73% |
| Total Change | Rs- | 5.65% |
Book Value vs Market Value Analysis
This analysis compares Art Nirman Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1465.80x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs0.03 | Rs39.71 | x |
| 2013-03-31 | Rs0.00 | Rs39.71 | x |
| 2014-03-31 | Rs0.03 | Rs39.71 | x |
| 2015-03-31 | Rs0.06 | Rs39.71 | x |
| 2016-03-31 | Rs5.92 | Rs39.71 | x |
| 2017-03-31 | Rs18.25 | Rs39.71 | x |
| 2018-03-31 | Rs19.73 | Rs39.71 | x |
| 2019-03-31 | Rs16.26 | Rs39.71 | x |
| 2020-03-31 | Rs18.83 | Rs39.71 | x |
| 2021-03-31 | Rs18.03 | Rs39.71 | x |
| 2022-03-31 | Rs13.63 | Rs39.71 | x |
| 2023-03-31 | Rs13.67 | Rs39.71 | x |
| 2024-03-31 | Rs14.14 | Rs39.71 | x |
| 2025-03-31 | Rs14.75 | Rs39.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Art Nirman Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.28%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.85x
- Recent ROE (5.34%) is above the historical average (-49.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 51.46% | 706.67% | 0.00x | 329.34x | Rs85.40K |
| 2013 | -885.71% | -1860.00% | 0.00x | 933.19x | Rs-188.10K |
| 2014 | 91.43% | 0.00% | 0.00x | 493.69x | Rs199.50K |
| 2015 | 43.65% | 0.00% | 0.00x | 556.87x | Rs145.70K |
| 2016 | 10.46% | 1.84% | 1.41x | 4.04x | Rs207.40K |
| 2017 | 2.63% | 1.42% | 0.34x | 5.39x | Rs-10.23 Million |
| 2018 | 7.47% | 3.27% | 0.30x | 7.52x | Rs-3.80 Million |
| 2019 | 4.57% | 7.07% | 0.12x | 5.36x | Rs-15.65 Million |
| 2020 | 1.82% | 1.32% | 0.45x | 3.07x | Rs-36.81 Million |
| 2021 | 0.05% | 0.02% | 1.34x | 1.40x | Rs-44.80 Million |
| 2022 | -32.34% | -30.00% | 0.81x | 1.32x | Rs-143.97 Million |
| 2023 | 0.33% | 0.57% | 0.38x | 1.52x | Rs-32.99 Million |
| 2024 | 3.34% | 3.44% | 0.64x | 1.51x | Rs-23.51 Million |
| 2025 | 5.34% | 7.28% | 0.40x | 1.85x | Rs-17.36 Million |
Industry Comparison
This section compares Art Nirman Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,456,530,334
- Average return on equity (ROE) among peers: 13.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Art Nirman Limited (ARTNIRMAN) | Rs376.48 Million | 51.46% | 1.34x | $10.72 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $3.62 Billion | 6.87% | 0.61x | $288.02 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.18 Billion | 3.19% | 0.90x | $17.40 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $9.45 Billion | 13.98% | 1.38x | $5.50 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $1.21 Billion | 26.91% | 4.02x | $125.28 Million |
| Arkade Developers Ltd (ARKADE) | $3.24 Billion | 37.99% | 0.78x | $229.52 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $6.26 Billion | 6.64% | 2.36x | $302.41 Million |
| Ashiana Housing Limited (ASHIANA) | $990.01 Million | 28.69% | 1.64x | $412.68 Million |
| Ashima Limited (ASHIMASYN) | $-2.30 Billion | 0.00% | 0.00x | $32.52 Million |
| Valor Estate Limited (DBREALTY) | $34.46 Billion | 0.10% | 0.53x | $666.08 Million |
About Art Nirman Limited
Art Nirman Limited engages in the real estate development and allied activities in India. The company is involved in the construction and development of residential, commercial, and plotting projects. It also engages in the construction and development of office spaces, showrooms, and shops. In addition, it offers maintenance services. The company was formerly known as Vishnudhara Buildcon Privat… Read more