Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 68 | 75 | 105 | 87 | 34 | 20 | 25 | 19 | 11 | 38 | 77 | 15 |
| Expenses | 68 | 104 | 107 | 86 | 36 | 20 | 36 | 134 | 16 | 41 | 68 | 20 |
| Operating Profit | 0 | -28 | -2 | 1 | -2 | -1 | -11 | -115 | -5 | -2 | 9 | -6 |
| OPM % | 0.7% | -38% | -1.9% | 0.6% | -6% | -3.8% | -43% | -617% | -40% | -6% | 12% | -40% |
| Other Income | 2 | 7 | 4 | 1 | 3 | 1 | 2 | 1 | -3,222 | 4 | -207 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | -21 | 1 | 1 | 1 | 0 | -9 | -115 | -3,227 | 1 | -210 | -11 |
| Tax % | 18% | 2% | 34% | 34% | -10% | 172% | 5% | 0% | 0% | 113% | 0% | 0% |
| Net Profit | 2 | -22 | 1 | 1 | 1 | -0 | -10 | -116 | -3,227 | -0 | -211 | -11 |
| EPS in Rs | 0.97 | -9.62 | 0.40 | 0.33 | 0.52 | -0.08 | -4.18 | -50.81 | -1,419.38 | -0.05 | -92.59 | -4.79 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 613 | 837 | 584 | 459 | 289 | 248 | 289 | 403 | 321 | 165 | 146 | 142 |
| Expenses | 427 | 1,072 | 526 | 450 | 318 | 318 | 411 | 411 | 367 | 178 | 259 | 146 |
| Operating Profit | 186 | -236 | 58 | 9 | -29 | -69 | -122 | -8 | -46 | -13 | -113 | -4 |
| OPM % | 30% | -28% | 10% | 2.0% | -10% | -28% | -42% | -2.0% | -14% | -8% | -78% | -2.8% |
| Other Income | 21 | 12 | -76 | 25 | 66 | 33 | 17 | 18 | 15 | 8 | -3,425 | -3,425 |
| Interest | 165 | 81 | 41 | 29 | 5 | 2 | 2 | 1 | 1 | 1 | 12 | 17 |
| Depreciation | 36 | 33 | 24 | 22 | 21 | 11 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 6 | -337 | -82 | -17 | 11 | -50 | -108 | 8 | -33 | -7 | -3,551 | -3,447 |
| Tax % | 19% | -1% | -29% | -32% | 17% | 4% | 2% | 27% | 6% | 17% | 0% | |
| Net Profit | 5 | -333 | -58 | -12 | 9 | -52 | -110 | 6 | -35 | -8 | -3,554 | -3,449 |
| EPS in Rs | 3.38 | -224.10 | -25.69 | -5.20 | 3.98 | -22.85 | -48.56 | 2.60 | -15.32 | -3.42 | -1,562.83 | -1,516.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -13% | -10% | -29% | 46% | ||
| Compounded Profit Growth | % | -20% | % | 87% | ||
| Stock Price CAGR | -4% | 14% | 39% | 0% | ||
| Return on Equity | % | % | % | -31% |
| Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 90 |
| Reserves | 404 | 352 | 16 | 9 | -2 | 7 | -45 | -156 | -150 | -184 | -192 | 865 |
| Borrowings | 1,174 | 1,956 | 1,780 | 1,758 | 1,755 | 1,647 | 1,630 | 1,628 | 1,626 | 1,632 | 1,632 | 264 |
| Other Liabilities | 323 | 165 | 106 | 86 | 115 | 86 | 79 | 93 | 93 | 132 | 117 | 55 |
| Total Liabilities | 1,916 | 2,488 | 1,917 | 1,876 | 1,890 | 1,763 | 1,687 | 1,588 | 1,592 | 1,602 | 1,580 | 1,274 |
| Fixed Assets | 429 | 266 | 207 | 87 | 63 | 41 | 32 | 35 | 37 | 36 | 36 | 35 |
| CWIP | 59 | 106 | 99 | 107 | 104 | 85 | 68 | 0 | 0 | 0 | 0 | 0 |
| Investments | 18 | 25 | 13 | 10 | 12 | 25 | 2 | 2 | 2 | 2 | 4 | 8 |
| Other Assets | 1,410 | 2,092 | 1,598 | 1,672 | 1,710 | 1,612 | 1,584 | 1,551 | 1,554 | 1,563 | 1,540 | 1,230 |
| Total Assets | 1,916 | 2,488 | 1,917 | 1,876 | 1,890 | 1,763 | 1,687 | 1,588 | 1,592 | 1,602 | 1,580 | 1,274 |
| Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -110 | 188 | -157 | 84 | 689 | -55 | -24 | -1 | 9 | 28 | -30 | -29 |
| Cash from Investing Activity | -19 | -18 | 41 | 11 | 10 | 6 | 35 | -3 | -4 | -2 | -3 | 4 |
| Cash from Financing Activity | 74 | -165 | 115 | -47 | -686 | -9 | -2 | -1 | -1 | 0 | -0 | 22 |
| Net Cash Flow | -54 | 5 | -1 | 48 | 13 | -58 | 8 | -6 | 4 | 26 | -33 | -3 |
| Free Cash Flow | -150 | 162 | -127 | 79 | 692 | -35 | -11 | -4 | 6 | 28 | -30 | -26 |
| CFO/OP | -68% | 102% | 70% | 131% | 7,472% | 196% | 45% | 1% | -108% | -60% | 226% | 25% |
| Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99 | 161 | 36 | 32 | 59 | 18 | 33 | 13 | 11 | 10 | 20 | 150 |
| Inventory Days | 833 | 1,565 | 34 | 161 | 173 | 501 | 60 | 94 | 205 | 385 | 1,120 | 418 |
| Days Payable | 0 | 170 | 28 | 130 | 139 | 214 | 72 | 74 | 164 | 417 | 646 | 134 |
| Cash Conversion Cycle | 932 | 1,556 | 41 | 63 | 93 | 305 | 21 | 32 | 51 | -22 | 494 | 433 |
| Working Capital Days | 61 | -114 | -215 | -593 | -1,276 | -1,909 | -2,224 | -1,938 | -1,376 | -1,774 | -3,381 | 423 |
| ROCE % | 9% | -12% | 3% | 1% | -1% | -4% | -7% | 1% | -2% | -1% | -8% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 47.19% | 46.70% | 46.70% | 46.70% | 46.70% | 46.70% | 46.70% | 46.70% | 46.70% | 84.89% | 84.89% | 84.89% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | 0.04% | 0.04% | 0.01% | 0.01% | 0.01% |
| Public | 52.81% | 53.29% | 53.30% | 53.31% | 53.30% | 53.25% | 53.26% | 53.25% | 53.25% | 15.10% | 15.10% | 15.10% |
| No. of Shareholders | 15,674 | 15,564 | 15,420 | 15,533 | 15,436 | 15,376 | 14,776 | 14,402 | 13,777 | 13,768 | 13,768 | 13,768 |
Fundamentals
Market Cap₹ 123 Cr.
Current Price₹ 54.3
Book Value₹ 420
ROCE-7.86 %
ROE-31.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)46%
Compounded Profit Growth (TTM)87%
Consolidated figures.
Valuation
Market capRs 123 Cr
Enterprise valueRs 354 Cr
Price to book0.13x
Price to sales0.87x
EV / sales2.50x
Earnings yield-2794.92%
P/B, 3-year average-0.37x
P/E, 5-year average9.95x
P/B, 5-year average-0.40x
Profitability
Operating margin (excl. other income)-77.68%
Operating margin (incl. other income)-2427.08%
EBITDA margin-2424.54%
Pre-tax margin-2433.56%
Net profit margin-2435.00%
Net margin, latest quarter-75.02%
ROE-904.37%
ROCE-264.03%
ROA-249.08%
ROE, 3-year average-291.84%
ROCE, 3-year average-88.87%
ROA, 3-year average-83.92%
ROE, 5-year average-147.56%
ROCE, 5-year average-54.56%
ROA, 5-year average-51.62%
ROIC (approx.)-289.96%
Tax rate-0.07%
Other income / net worth-358.52%
Growth
Sales growth (latest year)-11.85%
Sales CAGR, 3 years-28.72%
Sales CAGR, 5 years-10.11%
Sales growth QoQ-81.24%
Sales growth YoY (latest quarter)-22.22%
Per share
EPS (TTM)Rs -1,516.80
EPS (latest quarter)Rs -4.79
EPS, 3-year averageRs -9.37
EPS, 5-year averageRs -16.17
Book value per shareRs 420.16
Sales per shareRs 62.29
Cash flow per shareRs -12.66
Free cash flow per shareRs -11.43
Efficiency
Asset turnover0.11x
Fixed asset turnover4.11x
Inventory turnover0.87x
Inventory days418 days
Debtor days150 days
Debtors turnover2.44x
Creditor days134 days
Cash conversion cycle433 days
Working capital days423 days
Leverage
Total debtRs 264 Cr
Cash and bankRs 34 Cr
Net debtRs 230 Cr
Debt to equity0.28x
Interest coverage-295.13x
Owners' fund to total sources75.00%
Debt to assets20.71%
Cash flow
Cash from Operating Activity (latest year)Rs -29 Cr
Cash from Investing Activity (latest year)Rs 4 Cr
Cash from Financing Activity (latest year)Rs 22 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -26 Cr
FCFE (approx.: FCF + change in debt)Rs -1,394 Cr
Statement figures
Net sales (TTM)Rs 142 Cr
Net sales (latest year)Rs 146 Cr
Sales (latest quarter)Rs 15 Cr
Operating profit excl. other income (latest year)Rs -113 Cr
Operating profit (latest quarter)Rs -6 Cr
Other income (TTM)Rs -3,425 Cr
EBITDA (TTM)Rs -3,434 Cr
PBDT (TTM)Rs -3,446 Cr
Profit before tax (TTM)Rs -3,447 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs -3,449 Cr
Net profit (latest year)Rs -3,554 Cr
Net profit (latest quarter)Rs -11 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 12 Cr
Cost of goods sold (latest year)Rs 56 Cr
Total expenditure (latest year)Rs 259 Cr
Total income (latest year)Rs -3,279 Cr
Share capitalRs 90 Cr
ReservesRs 865 Cr
Shareholders' fundsRs 955 Cr
Total assetsRs 1,274 Cr
Net blockRs 35 Cr
InvestmentsRs 8 Cr
ReceivablesRs 60 Cr
InventoryRs 64 Cr
Other liabilitiesRs 55 Cr
Shares outstanding (crore)2.27
Ownership
Promoter holding84.89% (+38.19 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | ARSSINFRA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +20.0% | -2.8% | +22.8 pts |
| 1 month | -2.3% | -6.8% | +4.5 pts |
| 3 months | +32.3% | -7.6% | +40.0 pts |
| 6 months | +199.2% | +0.4% | +198.8 pts |
| 1 year | +149.5% | -9.9% | +159.4 pts |
| 2 years | +153.6% | -13.6% | +167.2 pts |
| 3 years | +156.6% | +14.2% | +142.4 pts |
| 5 years | +251.3% | +27.9% | +223.4 pts |
Red flags
F-score 4 of 8| explain | Receivables outrunning sales Receivables grew 554% vs sales -12% in 2026 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹15 Cr -21.1% vs Jun 2025.
Net loss ₹11 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Larsen & Toubro Ltd | 515,837 | 29.3 | 14.6 % |
| Rail Vikas Nigam Ltd | 41,263 | 45.9 | 10.8 % |
| Kalpataru Projects International Ltd | 23,312 | 21.0 | 18.3 % |
| NBCC (India) Ltd | 21,063 | 30.8 | 29.3 % |
| Cemindia Projects Ltd | 21,015 | 34.9 | 32.8 % |
| IRB Infrastructure Developers Ltd | 20,508 | 20.8 | 7.47 % |
| Engineers India Ltd | 17,435 | 22.2 | 30.4 % |
| Central Mine Planning & Design Institute Ltd | 15,217 | 23.3 | 38.1 % |
| Techno Electric & Engineering Company Ltd | 11,748 | 22.8 | 15.2 % |
| Welspun Enterprises Ltd | 10,302 | 29.1 | 16.7 % |
| KEC International Ltd | 10,072 | 16.8 | 16.5 % |
| Ircon International Ltd | 9,637 | 18.4 | 9.27 % |
| Rites Ltd | 9,242 | 22.1 | 23.0 % |
| Afcons Infrastructure Ltd | 9,014 | 44.0 | 13.9 % |
| NCC Ltd | 8,053 | 11.2 | 16.8 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-20 | Annual General Meeting | |
| 2023-09-18 | Annual General Meeting | |
| 2022-09-19 | Annual General Meeting | |
| 2021-09-20 | Annual General Meeting | |
| 2020-09-18 | Annual General Meeting | |
| 2019-09-16 | Annual General Meeting | |
| 2018-09-07 | Annual General Meeting | |
| 2017-09-08 | Annual General Meeting | |
| 2016-09-09 | Annual General Meeting | |
| 2015-09-11 | Annual General Meeting | |
| 2014-07-15 | Annual General Meeting | |
| 2013-09-24 | Annual General Meeting | |
| 2012-08-09 | Annual General Meeting | |
| 2011-09-15 | Annual General Meeting/Dividend Re 1 Per Share | |
| 2010-07-19 | Annual General Meeting | |
| 2010-04-06 | Int Div-Rs.2/- Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of ARSS Infrastructure Projects Ltd?
ARSS Infrastructure Projects Ltd (ARSSINFRA) has a market capitalisation of Rs 123 Cr. at the 2025-09-03 close.
What were ARSS Infrastructure Projects Ltd's latest quarterly results?
In the Jun 2026 quarter, ARSS Infrastructure Projects Ltd sales was Rs 15 Cr (-21.1% vs Jun 2025) with a net loss of Rs 11 Cr.