ARTSON LIMITED

BSE: ARTSON522134ISIN INE133D01023

Industrials
Industrial Products

Share price

₹137.70+1.55 (+1.14%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹227.50
52W low: ₹125.30
Off 52W high: -39.47%
1M return: -9.23%
3M return: -5.88%
6M return: -4.51%
1Y return: -15.73%
20D avg volume: 11,348
50 DMA: ₹154.64
200 DMA: ₹153.21

Key ratios Standalone

Market cap: ₹508.39 Cr
Current price: ₹137.70
52W high / low: ₹227.50 / ₹125.30
Face value: ₹1.00
P/E: -69.90
P/B: -218.57
EPS (TTM): ₹-1.97
Book value / share: ₹0.61
ROE: 312.77%
ROCE: -36.90%
Operating margin: 13.47%
Net margin: 5.19%
Debt / equity: 136.77
Net debt: ₹53.34 Cr
Interest cover: -0.96
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 1.8 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	38.68	26.13	38.75	31.96	48.12	44.74	51.26	17.80	19.52	24.97	24.88	31.24
	0.21	0.41	0.04	0.02	0.04	0.01	0.07	19.11	0.23	0.06	0.60	0.02
	38.89	26.55	38.79	31.98	48.17	44.75	51.33	36.91	19.74	25.03	25.48	31.26
	36.17	27.32	35.50	48.90	51.20	44.29	50.53	28.06	23.91	25.72	25.27	30.80
	16.44	6.53	7.99	3.79	10.71	12.66	17.09	10.62	11.82	6.05	12.77	9.67
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	5.14	4.84	4.67	5.70	5.24	4.84	4.05	4.70	4.30	4.09	3.67	3.23
	1.92	1.75	1.68	1.90	2.39	2.31	2.65	2.43	2.17	2.52	2.78	2.41
	0.57	0.62	0.61	0.68	0.66	0.57	0.55	0.58	0.63	0.63	0.54	0.69
	14.99	13.16	20.78	28.87	24.38	20.70	28.08	3.01	1.63	1.02	2.14	1.70
	2.72	-0.77	3.30	-16.91	-3.04	0.47	0.80	8.86	-4.17	-0.69	0.20	0.46
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	2.72	-0.77	3.30	-16.91	-3.04	0.47	0.80	8.86	-4.17	-0.69	0.20	0.46
	0.72	0.36	-0.06	4.69	-0.80	0.25	0.19	2.48	1.16	0.20	1.12	0.04
	2.01	-0.41	3.36	-12.22	-2.24	0.22	0.60	6.38	-3.00	-0.49	1.32	0.49
	0.54	-0.11	0.91	-3.31	-0.61	0.06	0.16	1.73	-0.81	-0.13	0.36	0.13
Key metrics
	5.21	1.60	5.59	-14.33	0.01	3.35	4.00	11.87	-1.37	2.46	3.52	3.56
	13.50%	6.10%	14.40%	-44.80%	0.00%	7.50%	7.80%	66.70%	-7.00%	9.90%	14.10%	11.40%
	5.20%	-1.60%	8.70%	-38.20%	-4.70%	0.50%	1.20%	35.80%	-15.40%	-2.00%	5.30%	1.60%
	19.30%	—	23.20%	—	-2.70%	—	13.40%	—	—	—	—	—
	-19.60%	-41.60%	-24.40%	79.60%	146.50%	79.20%	106.00%	-43.00%	—	—	—	—
	189.70%	-286.40%	460.00%	-291.50%	25.30%	144.90%	-54.50%	1,202.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	135.52	163.58	113.55	128.12	131.41	172.64
	0.68	0.11	19.47	0.66	0.98	0.87
	136.21	163.69	133.02	128.78	132.39	173.51
	147.89	179.88	128.22	126.47	153.36	177.88
	34.75	35.15	45.58	49.19	57.86	70.42
	0.00	0.00	0.00	—	—	—
	20.35	20.45	17.14	13.80	13.95	13.53
	7.25	8.27	9.78	10.30	10.17	10.77
	2.48	2.52	2.40	2.04	1.21	1.17
	77.80	94.72	62.83	7.03	9.25	8.29
	-11.66	-16.19	4.80	2.30	-20.97	-4.37
	0.00	0.00	0.00	—	—	—
	-11.66	-16.19	4.80	2.30	-20.97	-4.37
	5.71	-5.31	1.31	3.75	2.54	0.66
	-7.26	-10.88	3.48	6.05	-23.51	-5.03
	-1.97	-2.95	0.94	1.64	-6.37	-1.36
Key metrics
	-1.93	-5.40	16.98	14.64	-9.59	7.57
	-1.42%	-3.30%	15.00%	11.40%	-7.30%	4.40%
	-5.36%	-6.70%	3.10%	4.70%	-17.90%	-2.90%
	—	-36.90%	56.70%	—	—	—
	-16.30%	44.10%	-11.40%	-2.50%	-23.90%	—
	-246.37%	-412.60%	-42.50%	125.70%	-367.40%	—
	—	-8.06	18.07	—	—	—
	—	0.50	5.87	—	—	—
	—	136.77	10.18	—	—	—
	—	53.34	42.66	—	—	—
	—	1.8	71.1	—	—	—
Balance sheet
	—	123.44	175.29	—	—	—
	—	99.43	157.63	—	—	—
	—	0.00	5.00	—	—	—
	—	33.86	67.07	—	—	—
	—	15.16	29.81	—	—	—
	—	43.52	15.64	—	—	—
	—	13.10	12.31	—	—	—
	—	48.23	74.75	—	—	—
	—	101.96	149.58	—	—	—
	—	53.34	47.66	—	—	—
	—	38.76	35.52	—	—	—
	—	14.58	12.14	—	—	—
	—	0.39	4.68	—	—	—
Cash flow
	—	-5.48	20.44	—	—	—
	—	4.62	7.34	—	—	—
	—	-4.15	-22.90	—	—	—
	—	2.58	2.37	—	—	—

Compounded growth

Sales CAGR 3Y: +7.57%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -16.30%
Profit YoY (TTM): -246.37%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 75.00%

Holder	Type	Holding	Previous	Change
Tata Projects Limited	Promoter	75.00%	—	—
CONSORTIUM SECURITIES PRIVATE LIMITED	Public	1.14%	—	—
GUTTIKONDA VARA LAKSHMI	Public	1.03%	—	—
Foreign Institutional Investors	Public	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
INDO-MIM Limited	61,335	1,240.40	—	—	—	—	—
Aditya Infotech Limited	49,092	4,003.35	102.86	26.00%	—	—	+202.77%
Syrma SGS Technology Limited	29,119	1,510.10	63.38	14.80%	+62.42% TTM	+90.86% TTM	+92.49%
Zetwerk Manufacturing Businesses Limited	27,998	165.25	-28.27 FY26	6.71% Q1 FY27	+40.43% FY26	—	—
Honeywell Automation India Ltd. S	26,304	29,750.35	46.53	15.70%	+5.29% TTM	+9.54% TTM	-19.09%
Jyoti CNC Automation Limited	23,514	1,033.95	76.15	22.00%	+17.61% TTM	-10.78% TTM	+10.01%
KAYNES TECHNOLOGY INDIA LIMITED	22,352	3,325.10	64.66	12.00%	+34.85% TTM	+8.89% TTM	-49.97%
LMW Limited	18,543	17,357.75	90.41	5.90%	+19.37% TTM	+71.62% TTM	+9.94%
Tega Industries Limited	13,632	1,814.45	-14,687.86	6.10%	+84.88% TTM	-100.47% TTM	-6.81%
LLOYDS ENGINEERING WORKS LIMITED	12,845	82.98	53.81	12.30%	+82.99% TTM	+70.53% TTM	+38.32%
Bonfiglioli Transmissions Limited	12,422	660.75	—	—	—	—	—
Dynamatic Technologies Ltd.	8,595	12,655.05	202.56	9.20%	+17.28% TTM	+0.02% TTM	+49.53%
STANDARD ENGINEERING TECHNOLOGY LIMITED	8,333	417.70	93.99	14.70%	—	—	+133.94%
Kennametal India Limtied S	8,317	3,784.30	42.43	—	+29.08% TTM	+90.48% TTM	+80.46%
Omnitech Engineering Limited	8,215	664.25	—	18.30%	—	—	—
HMT Limited	8,132	54.44	-49.29	3.20%	+8.82% TTM	+6.28% TTM	-1.86%
Raymond Limited	7,637	1,147.10	93.20	-0.50%	-5.56% TTM	-98.52% TTM	+100.56%
Spectrum Electrical Industries Limited	7,293	4,268.25	126.77	16.30%	—	—	+190.47%
GMM Pfaudler Ltd.	5,943	1,322.00	87.49	9.00%	+13.91% TTM	+71.89% TTM	+3.00%
Lohia Corp Limited	5,726	541.95	—	—	—	—	—
Praj Industries Ltd.	4,691	255.20	137.98	4.90%	+1.76% TTM	-67.78% TTM	-24.66%
HD Fire Protect Limited	4,651	265.40	—	—	—	—	—
TEMPSENS INSTRUMENTS (INDIA) LIMITED	4,545	542.20	—	—	+37.74% FY25	+52.86% FY25	—
DEE DEVELOPMENT ENGINEERS LIMITED	4,287	569.75	53.51	14.50%	+40.01% TTM	+49.51% TTM	+131.18%
Shanthi Gears Ltd. S	3,802	495.65	65.56	22.90%	-14.22% TTM	-37.57% TTM	+5.08%
ARTSON LIMITED S	508	137.70	-69.90	-36.90%	-16.30% TTM	-246.37% TTM	-15.73%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Receipt of Work Order - Details enclosed.3 Nov 2026 · Others
Newspaper publication of Unaudited Financial Results for the 2nd quarter ended 30th September 2026 - details enclosed.17 Oct 2026 · Company Update / Newspaper Publication
Non-Applicability of Statement for Deviation or Variation - details enclosed.16 Oct 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Extension of maturity of loan taken from the Holding Company. - Details enclosed.16 Oct 2026 · Company Update / General
Appointment of M/s. Walker Chandiok & Co. LLP, Chartered Accountants as the Statutory Auditors of the Company commencing from 2027-28 who will hold office from conclusion of 48th AGM to ....16 Oct 2026 · Company Update / Appointment of Statutory Auditor/s
UFR for the second quarter ended 30th September 2026 - details enclosed.16 Oct 2026 · Result / Financial Results
We wish to inform that the Board of Directors at their meeting held today i.e., Friday, 16th October 2026, inter alia approved the following: 1. UFR for the 2nd quarter ended 30.09.2026, ....16 Oct 2026 · Board Meeting / Outcome of Board Meeting
Appointment of Directors - details enclosed.12 Oct 2026 · Company Update / Change in Directorate
Appointment of Directors and reconstitution of the Nomination & Remuneration Committee - details enclosed.12 Oct 2026 · Company Update / Change in Management
Certificate under Reg. 74(5) of SEBI (DP) Regulations 2018 for Q2 ended 30th September 2026 - enclosed.8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Artson Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2026 ,inter alia, to consider and approve Notice is hereby given that a meeting ....8 Oct 2026 · Board Meeting / Board Meeting
Intimation of receipt of first milestone payment of Shipbuilding Financial Assistance (SBFA) under the Shipbuilding Financial Assistance Scheme (SBFAS) - details enclosed.5 Oct 2026 · Company Update / General
Voting results and scrutinizer''s report of 47th Annual General Meeting - details enclosed.25 Sep 2026 · AGM/EGM / AGM
Appointment of Director who retires by rotaion and being eligible, offers for re-appointment - details enclosed25 Sep 2026 · Company Update / Change in Management
Gist of proccedings of the 47th Annual General Meeting - details enclosed.25 Sep 2026 · Company Update / General
Outcome and gist of proceedings of the 47th Annual General Meeting - details enclosed.25 Sep 2026 · AGM/EGM / AGM
Trading window closure for second quarter ending 30th September 2026 - details enclosed.18 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Company has sent a letter providing a web-link and QR code of Annual Report 2025-26 - details enclosed.5 Sep 2026 · Company Update / General
Received a purchase order from L&T - MHI Power Boilers Private Limited - details enclosed.5 Sep 2026 · Company Update / Award of Order / Receipt of Order
Newspaper publication w.r.t. 47th Annual General Meeting of the Company, enclosed2 Sep 2026 · Company Update / Newspaper Publication
Annual Report for the FY 2025-26 along with the notice convening 47th AGM, enclosed1 Sep 2026 · Others / Reg. 34 (1) Annual Report
Notice convening 47th Annual General Meeting and Annual Report for the FY 2025-26, enclosed.1 Sep 2026 · Company Update / General
Notice convening 47th Annual General Meeting and Annual Report for the FY 2025-26, enclosed.1 Sep 2026 · Company Update / General
Notice convening 47th Annual General Meeting and the Annual Report for the FY 2025-26, enclosed.1 Sep 2026 · AGM/EGM / AGM
Newspaper Publication - Information regarding 47th Annual General Meeting - details enclosed.21 Aug 2026 · Company Update / Newspaper Publication
Intimation to the shareholders regarding request for KYC updation - details enclosed.20 Aug 2026 · Company Update / General
Details of Book closure for 47th AGM - enclosed.20 Aug 2026 · Company Update / General
Details of 47th AGM - enclosed.20 Aug 2026 · Company Update / General
Intimation of credit rating assigned by India Ratings and Research - details enclosed.4 Aug 2026 · Company Update / Credit Rating
Cessation of Mr. Vinayak Pai as Chairman & Non-Executive Director of the Company - details enclosed.30 Jul 2026 · Company Update / Cessation
Cessation of Mr. Vinayak Pai as a Chairman & Non-Executive Director of the Company - details enclosed.30 Jul 2026 · Company Update / Resignation of Chairman
Receipt of Letter of Intent for an Award - details enclosed.17 Jul 2026 · Company Update / Award of Order / Receipt of Order
Newspaper publication - The extract of the Statement of Unaudited Financial Results for the 1st quarter ended 30th June 2026 - enclosed.16 Jul 2026 · Company Update / Newspaper Publication
Non-applicability of Statement for Deviation or Variation under Regulation 32(1) of SEBI (LODR) Regulations, 2015 - details enclosed.15 Jul 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Un-audited Financial Results for the 1st quarter ended 30th June 2026 - Details enclosed.15 Jul 2026 · Result / Financial Results
In compliance with R 30 and 33 of SEBI (LiODR) Regulations, 2015, we wish to inform that the Board of Directors at their meeting held today i.e., Wednesday, 15th July 2026, inter alia approved ....15 Jul 2026 · Board Meeting / Outcome of Board Meeting
Certificate under R. 74(5) received from RTA for Q1 ended 30th June 2026 - Details enclosed.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Artson Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/07/2026 ,inter alia, to consider and approve Notice is hereby given that a meeting ....8 Jul 2026 · Board Meeting / Board Meeting
Intimation of trading window closure for the first quarter ending 30th June 2026 - Details enclosed.22 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Receipt of Purchase Order from Deepak Chem Tech Limited for an amont of Rs. 5.39 Crores (excluding taxes) - details enclosed.12 Jun 2026 · Company Update / Award of Order / Receipt of Order

Board meetings

16 Oct 2026 Board Meeting - Financial Results