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Artefact Projects Ltd.

Artefact Projects Ltd.

ARTEFACT.BO
Artefact Projects Ltd.IN flagBombay Stock Exchange
55.62
INR
+1.41
- -
404.64MMarket Cap
Artefact Projects Ltd.
ARTEFACT.BO
(Bombay Stock Exchange)

Recent

price

55.62

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
39.17
57.16
69.44
65.75
84.45
28.93
41.65
39.02
40.82
56.1
53.13
32.4
24.97
33.85
41.37
- -
45.3
Revenue per Share
3.26
6.9
2.81
1.77
3.4
0.02
0.37
-5.62
2.39
6.32
6.5
5.68
7.35
7.33
10.23
- -
7.34
Basic EPS, GAAP
-7.54
2.53
5.07
2.17
24.68
-12.22
16.49
6.56
8.78
3.23
-11.45
-5.41
-1.71
-1.24
-28.65
- -
- -
Free Cash Flow per Basic Share
0.89
0.83
0.87
- -
- -
- -
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
34.36
39.09
38.85
40.62
40.72
35.73
36.08
30.48
32.87
41.07
45.75
42.27
49.88
55.92
63.76
- -
10.22
Book Value per Share
59.75
65.74
63.36
65.23
69.32
63.73
64.15
58.48
60.89
69.4
77.82
68.89
76.5
83.05
90.42
- -
99.19
Tangible Book Value per Share
5
5
6
6
6
6
6
6
6
6
6
7
7
7
7
- -
7
Basic Weighted Avg Shares
192
298
384
363
467
160
230
216
226
319
321
236
182
242
300
323
323
Sales/Revenue/Turnover
20.48
17.94
15.03
14.96
12.45
15.51
10.21
-4.15
13.83
28.62
12.03
18.53
16.25
10.35
20.6
14.26
14.18
Operating Margin (%)
7
12
11
10
10
8
8
8
8
10
8
6
5
4
4
4
4
Depreciation Expense
16
36
16
10
19
- -
2
-31
13
36
39
41
53
52
74
52
52
Net Income, GAAP
26.56
28.97
31.65
52.87
34.96
97.91
60.8
- -
- -
19.39
26.66
24.94
17.57
- -
12.96
23.27
23.27
Effective Tax Rate (%)
8.33
12.07
4.04
2.69
4.03
0.06
0.89
-14.4
5.86
11.26
12.23
17.54
29.42
21.65
24.73
16.2
16.21
Profit Margin (%)
105
146
123
80
99
-21
-5
13
70
121
263
290
388
354
215
269
269
Working Capital
78
110
164
110
33
85
75
68
58
- -
58
56
56
- -
8
38
38
LT Debt
297
362
370
380
402
353
355
324
337
395
470
501
557
593
657
706
706
Total Equity
6.86
7.21
6.35
4.04
5.94
0.09
1.75
- -
- -
14.7
5.04
4.98
3.58
- -
7.2
4.25
4.22
Return on Invested Capital (%)
5.13
9.19
3.32
6.05
9.36
0.18
4.14
- -
- -
14.93
13.33
11.77
13.94
- -
16.02
15.54
29.11
Return on Capital (%)
10.01
19.31
7.41
4.45
8.36
0.05
1.03
-16.88
7.56
17.31
15.39
14.17
15.94
13.73
17.23
19.51
71.86
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
128
- -
114
LT Borrowings
7
- -
38
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
- -
7
Market Capitalization
484
432
402

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
563
- -
644
Cash, Cash Equivalents & STI
27
- -
22
Accounts Receivable, Net
105
- -
164
Inventories
59
- -
21
Total Current Liabilities
334
- -
375
Payables & Accruals
- -
- -
- -
ST Debt
128
- -
114
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.47%
8.5%
7.52%
Free Cash Flow
122.54%
405.03%
-94.2%
Net Income, GAAP
47.99%
8.97%
-29.67%
Sales/Revenue/Turnover
9.95%
3.05%
7.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42
64
64
71
242
2025
31
68
73
127
300
2026
22
90
67
143
323

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.75
2.63
2.51
- -
7.33
2025
1.97
2.44
1.71
7.99
10.23
2026
1.4
2.3
2.31
1.29
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Artefact Projects Limited, an India-based engineering and construction consultancy, provides engineering, architectural, and project management services for infrastructure projects, particularly highways; urban infrastructure developments including mini-residential townships, shopping complexes, housing, hawker markets, and bus depots in Maharashtra and Madhya Pradesh; and airports encompassing concept designs, architectural planning, interior design, structural designs, HVAC, mechanical and electrical facilities, security systems, communications, sewage treatment plants, effluent treatment plants, electric substations, approach bridges, roadways, landscaping, and environment management. The company, founded in 1987 and headquartered in Nagpur, Maharashtra, operates primarily in India, delivering design, construction financial closure, operation and maintenance supervision, and quality control for national highway projects such as four- and six-laning of 1,735 kilometers across 17 assignments, with a workforce of 114 employees. Recent developments include securing multiple consultancy contracts from the National Highways Authority of India, such as supervision for the Jetpur-Somnath section of NH-8D (123.54 kilometers in Gujarat), Jarwal to Bahraich Bypass on NH-28C (104.338 kilometers in Uttar Pradesh), a 4-lane elevated corridor in Deesa on NH-27 (3.75 kilometers in Gujarat), and authority engineer services for four-laning projects in Rajasthan, Uttar Pradesh, and Assam as of early 2025, alongside ongoing detailed project reports for the Guwahati Ring Road (72.45 kilometers) under Bharatmala Pariyojana and independent engineer roles for Ganga Expressway upgrades.