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This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →

ARTNIRMANNSEART NIRMAN LIMITED· RealtyHighNeutral
Announced Thu, 5 Nov, 2026 · 17:00 IST

Revenue falls 37%; quarterly loss, negative cash flow and high debt

Revenue declinedNet loss reportedEBITDA margin compressionDebt to equity above the thresholdNegative operating cash flowResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Standalone results for the quarter ended September 30, 2026 show revenue from operations of Rs 428.15 lakh versus Rs 675.49 lakh a year earlier, and a net loss of Rs 7.57 lakh versus profit of Rs 43.39 lakh. EBITDA margin fell from 19.8 percent to about minus 1.8 percent. Half-year operating cash flow was negative Rs 3,147.10 lakh; borrowings were 2.9 times equity. Prior-period figures were regrouped and recast.

Likely market impact

Weaker sales, a quarterly loss, falling margin and negative cash flow may weigh on the stock, while high debt increases financial risk.

By the numbersStandalone · Q2 FY27 vs Q2 FY26
Q2 FY27Q2 FY26Change
Revenue₹4.28 Cr₹6.75 Cr−36.6%
Operating profit−₹0.20 Cr₹0.38 Cr−151.6%
Profit after tax−₹0.08 Cr₹0.43 Cr−117.4%
EBITDA margin-1.8%19.8%−21.7 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.