Artson Ltd (ARTSONENGG) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 522134 | NSE: ARTSONENGG | Engineering - Industrial Equipments | Small Cap

Artson Share Price

175.20 0.00 0.00%
as on 01-Dec'25 16:59

Artson Ltd (ARTSONENGG) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 522134 | NSE: ARTSONENGG | Engineering - Industrial Equipments | Small Cap

DeciZen - make an informed investing decision on Artson

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Artson stock performance -

Key Ratios
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P/E Ratio (SA):
130.33
Market Cap:
646.8 Cr.
52-wk low:
126.6
52-wk high:
216.9

Is Artson Ltd an attractive stock to invest in?


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10 Year X-Ray of Artson: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Artson Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%70.9%37.3%19.9%32.3%8.8%12.1%-22.4%24%25.7%-
Value Creation
Index
NA4.11.70.41.3-0.4-0.1NA0.70.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 110101132158163150173131128114162
Sales YoY Gr.--9%31.4%19.6%3.2%-7.8%14.9%-23.9%-2.5%-11.4%-
Adj EPS 0.47.50.4-0.4-0.2-1.5-1.4-6.41.60.91.3
YoY Gr.-1762.5%-94.6%-195%NANANANANA-42.7%-
BVPS (₹) -16.91.61.61.51.400.1-4.10.31.30.7
Adj Net
Profit
1.527.51.5-1.4-0.7-5.4-5-23.66.13.55
Cash Flow from Ops. 10.91.4-0.22.8-12.915.914.2-4.4-3.820.4-
Debt/CF from Ops. 5.814.5-144.611.6-4.53.33.7-13.3-162.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.3%-7%-13%-11.4%
Adj EPS 10%NANA-42.7%
BVPSNA-1.9%113.8%408%
Share Price 12.4% 41.5% 27.7% -8.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-2.3-97.824.9-24.8-13.7-206.2-1631.2321.2-84.8124.5134.7
Op. Profit
Mgn %
3.14.82.23.1733.9-810.9-2.2-0
Net Profit
Mgn %
1.427.31.1-0.9-0.5-3.6-2.9-184.73.13.1
Debt to
Equity
-13.44.55.811.1462.5105.5-3.965.910.25
Working Cap
Days
243304226244297366303376394467126
Cash Conv.
Cycle
6642-29-52-69-50-282618754

Recent Performance Summary

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Latest Financials - Artson Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 -
TTM Sales (₹ Cr.) 162 -
BVPS (₹.) 0.7 -
Reserves (₹ Cr.) -1 -
P/BV 242.76 -
PE 130.33 -
From the Market
52 Week Low / High (₹) 126.60 / 216.85
All Time Low / High (₹) 0.85 / 220.40
Market Cap (₹ Cr.) 647
Equity (₹ Cr.) 3.7
Face Value (₹) 1
Industry PE 50.6

Management X-Ray of Artson:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Artson - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Artson

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales110101132158163150173131128114
Operating Expenses 10796129153152146166142114116
Manufacturing Costs44365952655676754655
Material Costs49445281657171464936
Employee Cost 781112131314141417
Other Costs 7789866758
Operating Profit 34351147-1114-2
Operating Profit Margin (%) 3.1%4.4%2.0%2.9%7.0%2.7%3.9%-8.0%10.9%-2.2%
Other Income 46947211119
Interest 4457101011101010
Depreciation 2111211122
Exceptional Items 0000000000
Profit Before Tax 26506-5-4-2125
Tax 0-21427113-41
Profit After Tax 2271-2-1-6-5-2463
PAT Margin (%) 1.5%27.0%1.0%-1.1%-0.5%-3.8%-2.9%-17.9%4.7%3.1%
Adjusted EPS (₹)0.57.40.4-0.5-0.2-1.5-1.4-6.41.60.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund -62666500-1515
Share Capital 4444444444
Reserves -662221-4-3-19-31
Minority Interest0000000000
Debt59202618574545515346
Long Term Debt371717318117161212
Short Term Debt233915393438354134
Trade Payables37516080689069695475
Others Liabilities 782228243526514450
Total Liabilities 1128094131155170141156151175

Fixed Assets

Gross Block6688151618202623
Accumulated Depreciation23335678910
Net Fixed Assets 4455101011121714
CWIP 0000000000
Investments 0000000000
Inventories1718241817129312430
Trade Receivables61282835326457544567
Cash Equivalents 8113221205
Others Assets 21293769948362586560
Total Assets 1128094131155170141156151175

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 111-03-131614-4-420
PBT 26506-5-4-2125
Adjustment 7-0-27610121112-6
Changes in Working Capital 3-4-4-6-251177-1919
Tax Paid -100200-0-113
Cash Flow From Investing Activity -00-2-2-5-2-2-2-17
Capex -0-0-2-1-5-2-2-2-37
Net Investments 00-00000000
Others 000-10-01-010
Cash Flow From Financing Activity -4-11-4-5-87-1675-23
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0150000-81514-14
Interest Paid -3-4-4-5-8-9-9-8-9-8
Dividend Paid 0000000000
Others -2-2200-016-0-0-1-1
Net Cash Flow 6-10-6-5-2621-40-05

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/A022.1-29.5-13.71N/AN/AN/A0124.47
ROCE (%)N/A70.8937.2619.932.26N/AN/AN/A24.0325.67
Asset Turnover Ratio1.331.091.521.41.140.921.110.890.830.7
PAT to CFO Conversion(x)5.50.04-0N/AN/AN/AN/AN/A-0.676.67
Working Capital Days
Receivable Days120156777375116128154141180
Inventory Days58625849403522567987
Payable Days232363394316413403408550459650

Artson Ltd Stock News

Artson Ltd FAQs

The current trading price of Artson on 01-Dec-2025 16:59 is ₹175.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Nov-2025 the market cap of Artson stood at ₹646.8.
The latest P/E ratio of Artson as of 30-Nov-2025 is 130.3.
The latest P/B ratio of Artson as of 30-Nov-2025 is 242.8.
The 52-week high of Artson is ₹216.8 and the 52-week low is ₹126.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Artson is ₹161.9 ( Cr.) .

About Artson Ltd

Artson Engineering, a subsidiary of Tata Projects is a multi-disciplinary design and construction services company. It was incorporated on Sept. 18, 1978 and converted into a public limited company on Sept. 22, 1986. The registered office is located at 426, M.L. Aggarwal Building, 1st Floor, Waman Tukaram Patil Marg, Opposite Shatabdi Hospital, Chembur, Mumbai-400071.

Since inception, the Company was engaged in pioneering work in developing products and systems in fuel handling and tankage construction activities in Refineries, this led the Company to become one of the foremost companies in India with specialization in Petroleum Storage and handling systems. In the year 1990, the Company established its own manufacturing facility at Ambad (Nashik) to support its Engineering Procurement and Construction (EPC) projects. By the Year 1994, the Company was already engaged in the multidisciplinary engineering activities.

Over the years, the Company has developed its capabilities in the multi-disciplinary construction fields for the Hydrocarbon process industry and has successfully executed, on turn-key basis, many prestigious construction contracts. The Company has thus emerged as one of the leading Design Engineering Procurement and Construction Companies in the Petroleum Storage and handling system. During the span of three decades, the Company has successfully commissioned, on turn-key basis, several fuel storage and handling facility systems and emerged as one of the foremost companies in the country which specializes in such systems. The Company’s expertise has gradually expanded beyond the Country and has been executing prestigious overseas contracts as well.

As per the Audited Balance Sheet as on 30th September 2004, the Company's networth was fully eroded due to the accumulated losses. As a consequence, the Company was referred to the BIFR as a sick company under the provisions of Section 3 (1) (O) of the Sick Industrial Companies (Special Provisions) Act, 1985. The Company's reference as a sick company was registered under Case No. 152/ 2004 with the BIFR. At the hearing held on 17th May 2006 before the BIFR, Bank of India was appointed as the Operating Agency to examine viability of the Company and if found feasible, to formulate a rehabilitation scheme.

The Operating Agency submitted a Draft Rehabilitation Scheme on 5th June 2007 and the same was circulated to various parties for their consent. At the hearing held on 27th November 2007, the BIFR sanctioned the Rehabilitation Scheme of the Company and the Order sanctioning the scheme of rehabilitation was received on 18th December, 2007 (Sanctioned Scheme).

In terms of the Sanctioned Scheme, Tata Projects Limited (TPL), has been admitted as the Strategic Investor and Co-promoter of the Company. TPL has committed financial assistance of more than Rs. 28 Crore, of which it has already infused funds aggregating to about Rs. 23 Crore. TPL has acquired 75% stake infusing a sum of Rs.2.77 Crore towards Equity contribution. The Company has thus become a subsidiary of Tata Projects Limited.

TPL has also taken the Management Control of the Company and has inducted its representatives as Nominee Directors on the Board of the Company on 4th January, 2008. In addition to the support in the rehabilitation of the Company as per the Sanctioned Scheme, the Company is in a position to derive benefits from TPL on many grounds including professional management, project execution intellect, quality services, TPL’s strong presence in core sectors of the economy and good governance practices.

Artson Engineering’s Core Competency:

Engineering, Procurement, Construction (EPC) Contracts

EPC services in Oil and Gas Sector. We specialize in Storage Terminals for Oil and Gas. Artson has a strong base in Engineering encompassing Designing, detailing, Layouts, Pipe stress analysis, Civil, Mechanical, Electricals and Instrumentation and commissioning assistance. Has efficient Supply Chain Management which handles all Procurement and ensures timely delivery to the Projects. Project Management teams ensuring timely construction activity with due importance to Quality and Safety. 

Construction Contracts

Proven track record of executing a number of Constructions contracts in multi disciplinary areas like Oil and Gas , Power, Food processing field. Artson employs sound Site Construction Management for Planning, Safety and Quality to Standards and specified codes, timely delivery of Contracts surpassing Customer’s requirements for Quality and Safety.

Manufacturing Division

Modern Manufacturing facilities located in Industrial Area of Ambad near the city of Nashik, about 180 kms from Mumbai. The facility is logistically and strategically located to cater for requirements of Clients in India and Overseas. Manufacturing unit manufactures Pressure Vessels, Skid Mounted Units, Structurals, Prefabricated Tanks and Prefabricated Piping. The company has proven track record of manufacturing complex equipment with various materials of Construction like Carbon Steel, Stainless Steel, Hastelloy, Alloy 20 and Incoloy.

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