Artson Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L27290MH1978PLC020644 Incorporated 18 September 1978 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 522134 Public Limited Company engineering MSME · Medium
Data last updated
Market Cap
₹525 Cr
ARTSON · BSE
Share Price
₹136.95
-3.73% today
Revenue
₹164 Cr
FY 2025-26 · +44.1% YoY
EBITDA
−₹5.51 Cr
Margin -3.4%
Net Profit
−₹10.88 Cr
FY 2025-26 · -411.8% YoY
Debt / Equity
20.39
Interest cover -103.0x
Authorised capital
₹17 Cr
Registered with MCA
Paid-up capital
₹3.69 Cr
Issued & subscribed

About Artson Limited

Data last updated:

Artson Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Projects Limited. It operates in the engineering sector. It was incorporated on 18 September 1978 and has been in existence for over 48 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27290MH1978PLC020644. Its GSTIN is 27AAACA5921H1ZW (Maharashtra). The company holds 15 GST registrations, of which 12 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 522134.

The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹3.69 Cr. It is led by directors including Shashank Shekhar Jha (Whole-Time Director) and Vinayak Ratnakar Pai.

Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹163.58 Cr, a growth of 44.1% compared to the previous year. For the same year it recorded a net loss of ₹10.88 Cr (net margin -6.7%) and EBITDA of -₹5.51 Cr (EBITDA margin -3.4%). The net worth stands at ₹38 Lakh (down 91.9% YoY). Total assets are valued at ₹56.64 Cr (up 2.5% YoY).

The company has about 190 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Artson. As per MCA filings, the company has open charges of ₹174.3 Cr and satisfied charges of ₹156.97 Cr on record. Court records list 161 cases involving the company, including 48 filed by the company and 114 filed against it; 4 cases are pending. The company has 26 deals on record (24 market trades, 1 debt financing, 1 acquisition), with disclosed funding of ₹25 Cr; the latest was in January 2023. The company has 50 MSME Form 1 returns on record between 2017 and 2024, listing 575 overdue payments to 101 micro and small suppliers.

Artson Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0002584). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website artson.net.

Company details

CIN L27290MH1978PLC020644
Registration Number 020644
Incorporation Date 18 September 1978
ROC Mumbai
Listing Status Listed - Listed on BSE (522134)
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Tata Projects Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0002584

Recognitions & Rankings of Artson

MSME (Udyam registered) Ministry of MSME
Category
Medium (2022-23)
Udyam number
UDYAM-TS-02-0002584

Contact details

Artson Limited's registered office is in Mumbai, Maharashtra. Its website is artson.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    14th Floor Cignus Plot No. 71A, Kailash Nagar Mayur Nagar Passpoli Powai, Mumbai, Maharashtra, India – 400087
  • Industry
    Engineering, Engineering, Procurement & Construction (EPC)

To see the full contact details of Artson Limited, buy the company report.

Comprehensive company report
Artson Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included

Brands

Artson operates one associated brand: Artson. Each brand links to its own profile.

BrandDescriptionWebsite
Process equipment and steel structures are manufactured for industrial sectors.artson.net

Business activity

The main business activities of Artson are manufacturing and construction. In detail, this covers metal and metal products and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities

To see the full business activity and turnover split of Artson Limited, buy the company report.

Financials of Artson Limited

FY 2025-26 filings available

Artson Limited reported revenue of ₹163.58 Cr (up 44.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹164 Cr
+44.1% YoY
EBITDA
−₹5.51 Cr
-121.3% YoY
Profit After Tax
−₹10.88 Cr
-411.7% YoY
Net Worth
₹0.38 Cr
-91.9% YoY
Total Assets
₹56.64 Cr
+2.5% YoY
Total Debt
₹54.01 Cr
+9.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue164114128131173150163
Revenue growth+44.1%-11.4%-2.5%-23.9%+14.9%-7.8%-
EBITDA(5.51)(2.49)13.99(10.55)6.714.0911.47
EBITDA margin-3.4%-2.2%+10.9%-8.0%+3.9%+2.7%+7.0%
Profit before tax(16.19)4.802.31(20.95)(4.36)(5.11)6.23
Net profit(10.88)3.496.06(23.62)(5.02)(5.64)(0.73)
Net profit margin-6.7%+3.1%+4.7%-18.0%-2.9%-3.8%-0.5%
EPS (₹)(2.95)0.941.64(6.37)(1.36)(1.54)(0.20)
Balance sheet
Total assets56.6455.2865.4744.7053.8754.4864.31
Net worth0.384.690.91(15.19)0.490.115.16
Total debt54.0149.3963.6859.1652.7853.8158.38
Cash & bank0.005.010.131.711.041.831.76
Net working capital36.9044.6543.2925.9332.7731.7440.08
Cash flow
Cash from operations(5.48)20.44(3.78)(4.44)14.2015.89(12.87)
Cash from investing4.627.34(1.28)(2.41)(1.72)(2.41)(4.75)
Cash from financing(4.15)(22.90)4.757.10(16.36)7.26(8.37)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue38.6826.1338.7531.9648.1244.7451.2617.81
Revenue growth (YoY)-19.6%-41.6%-24.4%+79.5%+146.6%+79.2%--
Other income0.210.410.040.020.040.010.0719.11
Total expenses33.6824.9533.2146.3248.1641.4047.3325.04
EBITDA5.001.185.54(14.36)(0.04)3.343.93(7.23)
EBITDA margin+12.9%+4.5%+14.3%-44.9%-0.1%+7.5%+7.7%-40.6%
Depreciation0.570.620.610.680.660.570.550.58
Interest1.921.751.681.902.392.312.652.43
Profit before tax2.72(0.78)3.29(16.92)(3.05)0.470.808.87
Tax0.72(0.36)(0.06)(4.69)(0.80)0.250.192.48

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue38.6826.1338.7531.9648.1244.7451.2617.81
Revenue growth (YoY)-19.6%-41.6%-24.4%+79.5%+146.6%+79.2%--
Other income0.210.410.040.020.040.010.0719.11
Total expenses33.6824.9533.2146.3248.1641.4047.3325.04
EBITDA5.001.185.54(14.36)(0.04)3.343.93(7.23)
EBITDA margin+12.9%+4.5%+14.3%-44.9%-0.1%+7.5%+7.7%-40.6%
Depreciation0.570.620.610.680.660.570.550.58
Interest1.921.751.681.902.392.312.652.43
Profit before tax2.72(0.78)3.29(16.92)(3.05)0.470.808.87
Tax0.72(0.36)(0.06)(4.69)(0.80)0.250.192.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue164114128131173150163
Revenue growth+44.1%-11.4%-2.5%-23.9%+14.9%-7.8%-
Other income0.1119.470.660.980.872.046.59
Total expenses169116114142166146152
Employee cost20.4517.1413.8013.9513.5312.8813.44
EBITDA(5.51)(2.49)13.99(10.55)6.714.0911.47
EBITDA margin-3.4%-2.2%+10.9%-8.0%+3.9%+2.7%+7.0%
Depreciation2.522.402.041.211.171.061.81
Interest8.279.7810.3010.1710.7710.1810.02
Profit before tax(16.19)4.802.31(20.95)(4.36)(5.11)6.23
Tax(5.31)1.31(3.75)2.540.660.576.96
Net profit(10.88)3.496.06(23.62)(5.02)(5.64)(0.73)
Net profit margin-6.7%+3.1%+4.7%-18.0%-2.9%-3.8%-0.5%
EPS (₹)(2.95)0.941.64(6.37)(1.36)(1.54)(0.20)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital3.693.693.693.693.693.693.69
Reserves & surplus(77.06)(66.19)(69.58)(75.67)(52.16)(47.15)(41.54)
Shareholders' funds (net worth)0.384.690.91(15.19)0.490.115.16
Secured loans52.7043.9648.5051.2544.6745.4657.32
Unsecured loans1.315.4315.187.918.118.351.06
Total debt54.0149.3963.6859.1652.7853.8158.38
Total liabilities56.6455.2865.4744.7053.8754.4864.31
Assets
Gross block25.7023.4125.9019.9718.2815.6514.90
Net block13.5713.7916.5912.2211.089.629.78
Capital work in progress3.340.000.200.000.000.270.25
Investments0.000.000.000.000.000.000.00
Inventories15.1629.8124.3930.879.1611.6017.21
Sundry debtors33.8661.9445.2253.5257.2163.8031.64
Cash & bank balances0.005.010.131.711.041.831.76
Loans & advances50.4157.4253.5045.6652.0274.5784.93
Total current assets99.43154123132119152136
Total current liabilities62.5311079.9510686.6612095.46
Net working capital36.9044.6543.2925.9332.7731.7440.08
Total assets56.6455.2865.4744.7053.8754.4864.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.010.120.43(21.65)(17.77)(38.50)(12.52)
Net cash from operating activities(5.48)20.44(3.78)(4.44)14.2015.89(12.87)
Net cash from investing activities4.627.34(1.28)(2.41)(1.72)(2.41)(4.75)
Net cash from financing activities(4.15)(22.90)4.757.10(16.36)7.26(8.37)
Net change in cash(5.00)4.88(0.30)0.25(3.88)20.73(25.98)
Closing cash0.005.010.131.711.041.831.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+44.1%-11.4%-2.5%-23.9%+14.9%-7.8%-
EBITDA growth-121.3%-117.8%+232.6%-257.2%+64.1%-64.3%-
PBT growth-+107.8%+9998.0%-380.5%+14.7%-+5091.7%
Net income growth-411.8%-42.4%+125.7%-370.5%+11.0%-672.6%-
Revenue CAGR (3Y)+7.6%-13.0%-5.2%-6.9%+3.0%+4.4%+17.5%
EBITDA CAGR (3Y)-19.5%-+50.7%-+13.7%+16.2%+37.8%
Profitability & leverage
Net income margin-6.7%+3.1%+4.7%-17.9%-2.9%-3.8%-0.5%
Return on capital employed0.0%+11.4%+14.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%+4.9%+21.9%0.0%0.0%0.0%0.0%
Debt / equity20.3920.230.000.00177.6621.298.46
Long-term debt / equity5.404.860.000.0031.275.782.01
Interest cover-102.99-200.0086.19-86.48194.40335.97103.73
Efficiency & per share
Fixed asset turnover6.664.615.596.8710.189.8414.24
Inventory turnover7.284.194.646.5716.6310.439.16
Debtors turnover3.422.122.602.372.853.154.88
EPS (₹)(2.95)0.941.64(6.37)(1.36)(1.54)(0.20)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(19.87)(16.93)(17.85)(19.50)(13.13)(11.77)(10.25)

To see the full year-wise statements and ratios of Artson Limited, buy the company report.

Board of directors of Artson Limited

Artson has 7 current directors and 38 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinayak Ratnakar PaiDirector23 May 20224 Years 5 MonthsCurrent
Ashish Prabhakar KulkarniDirector18 Mar 20242 Years 7 MonthsCurrent
Jyotisman DasguptaDirector19 Apr 20233 Years 6 MonthsCurrent
Shashank Shekhar JhaWhole-Time Director19 Apr 20233 Years 6 MonthsCurrent
Priya Ashok KherDirector18 Mar 20242 Years 7 MonthsCurrent
Subhra GourisariaAdditional Director15 Sep 20251 Years 1 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Artson Limited is audited by Price Waterhouse & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Price Waterhouse & CoFY 2023304026E/E-300009

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.00%.

Promoters: 75.00%Retail & Others: 25.00%
Sep 2026
QUARTER
75.00% Promoters
25.00% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹174.3 Cr
Satisfied charges
₹156.97 Cr
Breakdown by lending institutions
Others₹134.30 Cr
The Catholic Syrian Bank Ltd₹40.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Apr 2025101085550Others₹25 CrOpen
03 Jan 2025101027040The Catholic Syrian Bank Ltd₹40 CrOpen
08 Jan 2024100848917Others₹5 CrOpen
24 May 2018100180153Others₹38 CrOpen
11 Aug 2016100053531Others₹20 CrOpen

To see the full charge records of Artson Limited, buy the company report.

Total charge records: 46 View all charges

Deals & funding

Artson Limited has 26 deals on record (24 market trades, 1 debt financing, 1 acquisition), with disclosed funding of ₹25 Cr; the latest was in January 2023.

Total deals
26
Market trades
24
Debt financing
1
Acquisition
1
Disclosed funding
₹25 Cr

Deals on record (5 of 26)

WhenDealAmountParties
Jan 2023Debt financing₹25 CrInvestors: Tata Projects Limited
Jan 2008Market trade₹6.84 CrBuyer: JMP Securities Private Limited , BP Comtrade Private Limited
Seller: JMP Securities Private Limited , 2 individuals
Dec 2007Acquisition₹33.24 CrBuyer: Tata Projects Limited
Dec 2007Market trade₹92.8 LakhBuyer: SVS Securities Private Limited
Seller: SVS Securities Private Limited
Dec 2007Market trade₹95.5 LakhBuyer: BP Comtrade Private Limited
Seller: BP Comtrade Private Limited

To see the full deal history of Artson Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Artson Limited was last rated by Indiarating on 03 Jun 2022.

Rating agencyRated onRating
Indiarating03 Jun 2022

To see the full credit ratings and regulatory alerts of Artson Limited, buy the company report.

MSME payment delays

Artson Limited has 50 MSME Form 1 returns on record between 2017 and 2024, listing 575 overdue payments to 101 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 101)

SupplierAmount dueDue sinceReported on
Consultech
Navahko Engineering Projects
Chintamani Control Systems Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Artson Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Artson Limited has a workforce of 190 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
190
Active EPFO establishments
1
Employee growth
-30.66%

GST

Artson has 15 GST registrations: 12 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
15
Active
12
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACA5921H1ZWMaharashtraActive01 Jul 2017
03AAACA5921H1Z6PunjabActive01 Jul 2017
19AAACA5921H1ZTWest BengalActive01 Jul 2017
20AAACA5921H1ZAJharkhandActive01 Jul 2017

To see the full GST registrations and return filing status of Artson Limited, buy the company report.

Recent activity

Artson Limited has 38 board changes on record since 2009: 7 appointments and 31 cessations. The latest: Neeraj Agrawal was appointed as Director on 25 Mar 2026.

Filing
Artson Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Neeraj Agrawal was appointed as Director.
Appointed
Subhra Gourisaria was appointed as Additional Director.
Charges
A charge with Others of Rs. 20.00 Cr registered on 11 Aug 2016 with Charge ID 100053531 was modified on 11 Sep 2025.
AGM
Artson Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 38.00 Cr registered on 24 May 2018 with Charge ID 100180153 was modified on 29 May 2025.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101085550 was registered on 24 Apr 2025.
Charges
A charge registered on 28 Mar 2022 via Charge ID 100561474 with Others was fully satisfied on 04 Apr 2025.
Charges
A charge with Others of Rs. 5.00 Cr registered on 08 Jan 2024 with Charge ID 100848917 was modified on 20 Mar 2025.
Charges
A charge with The Catholic Syrian Bank Ltd amounted to Rs. 40.00 Cr with Charge ID 101027040 was registered on 03 Jan 2025.
Ceased
Ashish Prabhakar Kulkarni ceased to be Additional Director.
Ceased
Deepak Natarajan ceased to be Additional Director.

144 earlier events are in the company report.

Frequently asked questions

Artson is an active public limited company based in Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 18 September 1978 (48+ years old) and is registered under CIN L27290MH1978PLC020644. Listed on BSE: 522134.

Artson reported revenue of ₹163.58 Cr for FY 2025-26 (up 44.1% YoY) based on standalone financials.

Artson has 7 current directors:

The latest financial statements of Artson on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Artson is 27AAACA5921H1ZW, registered in Maharashtra. The company has 15 GST registrations in all, of which 12 are active and 3 are cancelled or inactive. Other active GSTINs include 03AAACA5921H1Z6 (Punjab), 19AAACA5921H1ZT (West Bengal), 20AAACA5921H1ZA (Jharkhand).

The CIN (Corporate Identification Number) of Artson is L27290MH1978PLC020644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Artson is a listed company as per MCA records. Its shares are listed on BSE (code: 522134).

Artson has 161 court cases on record: 48 filed by the company and 114 filed against it. 4 are pending. Most are in the high courts.

Artson was incorporated on 18 September 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.

Artson has 26 deals on record (24 market trades, 1 debt financing, 1 acquisition), with disclosed funding of ₹25 Cr; the latest was in January 2023.

Neeraj Agrawal was appointed as Director on 25 Mar 2026. Subhra Gourisaria was appointed as Additional Director on 15 Sep 2025. Ashish Prabhakar Kulkarni ceased to be Additional Director on 17 Sep 2024. Artson has 38 board changes on record in total.