The promoters of art nirman , along with the promoter group and Persons Acting in Concert (PAC), held 1,84,04,000 equity shares without any encumbrance during the financial year ended March 31, 2026. This declaration ensures that the promoter holding remains free from pledges or charges, which is a key indicator of financial stability for shareholders.

In a disclosure submitted to the National Stock Exchange of India Limited, the company confirmed compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing explicitly states that no shares were encumbered directly or indirectly by the promoters during the period under review.

The disclosure identifies the individuals and entities comprising the promoter and promoter group categories. The list includes key figures such as Ashokkumar Raghuram Thakker, who serves as the authorized signatory for the group.

Promoter and Promoter Group Details

The confirmation of unencumbered shares provides transparency regarding the ownership structure of Art Nirman Limited as of the end of FY26.

Art Nirman Limited reported a 74% decline in net profit to ₹51.99 lakh for the financial year ended March 31, 2026, despite a 21% increase in revenue from operations to ₹3,323.59 lakh. The company’s board approved the audited standalone financial results for the year and quarter ended March 31, 2026, during a meeting held on May 26, 2026. The statutory auditor, M/s KDN & Associates LLP, issued an audit report with an unmodified opinion on the standalone financial statements.

Revenue from operations for the year rose to ₹3,323.59 lakh from ₹2,738.52 lakh in the previous year. Total income increased to ₹3,359.71 lakh from ₹2,778.38 lakh. However, total expenses surged to ₹3,294.91 lakh, up from ₹2,581.81 lakh in the prior year, driven by higher finance costs and other expenses. Profit before tax for the year stood at ₹64.80 lakh, a significant decrease from ₹196.57 lakh in FY25.

For the quarter ended March 31, 2026, the company reported a net profit of ₹8.93 lakh, down from ₹77.39 lakh in the corresponding quarter of the previous year. Revenue for the quarter was ₹2,248.13 lakh, compared to ₹892.39 lakh in Q4FY25. The board also re-appointed M/s D.K. Thakkar & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27.

The company’s cash and cash equivalents improved to ₹260.22 lakh as of March 31, 2026, from ₹10.06 lakh a year earlier. The balance sheet shows total assets at ₹14,237.10 lakh, up from ₹6,881.74 lakh in the previous year. Non-current borrowings increased substantially to ₹7,282.24 lakh from ₹1,795.78 lakh, while current borrowings stood at ₹14.11 lakh.

Financial Performance for FY26

The financial results were reviewed by the Audit Committee and approved by the Board. The company operates in a single segment, Real Estate, and conducted all business operations within India.