About Artson Limited
Data last updated: 26 September 2026
Artson Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Projects Limited. The company specialises in engineering. Incorporated on 18 September 1978, the company has been in operation for over 48 years.
Registered with ROC Mumbai under CIN L27290MH1978PLC020644. Listed on BSE: 522134.
Capital: an authorised share capital of ₹17 Cr and a paid-up capital of ₹3.69 Cr. It is led by directors including Vinayak Ratnakar Pai and Ashish Prabhakar Kulkarni.
Last AGM: 01 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹163.58 Cr, a growth of 44.06% compared to the previous year. The net worth stands at ₹38 Lakh (down 91.9% YoY). Total assets are valued at ₹56.64 Cr (up 2.46% YoY).
The company has a workforce of approximately 190 employees as per the latest available data. It operates as a subsidiary of Tata Projects Limited.
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.
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.
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Registered Address14Th Floor Cignus Plot No. 71A, Kailash Nagar Mayur Nagar Passpoli Powai, Mumbai, Maharashtra, India – 400087
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IndustryEngineering, Engineering, Procurement & Construction (EPC)
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Artson Limited
Artson Limited operates one associated brand: Artson. These brands represent Artson Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Process equipment and steel structures are manufactured for industrial sectors. | artson.net |
Business Activity of Artson Limited
Artson Limited is engaged in principal business activities including manufacturing and construction, with detailed activities including metal and metal products, demolition & site preparation, electrical, plumbing & other specialized construction activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details for Artson Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Artson Limited
Artson Limited is audited by Price Waterhouse & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse & Co | Locked | Locked | Locked |
Complete auditor history for Artson Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Artson Limited
Artson Limited is currently managed by 7 directors, with 38 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Ratnakar Pai | Director | 23 May 2022 | 4 Years 4 Months | Current |
| Ashish Prabhakar Kulkarni | Director | 18 Mar 2024 | 2 Years 6 Months | Current |
| Jyotisman Dasgupta | Director | 19 Apr 2023 | 3 Years 5 Months | Current |
| Shashank Shekhar Jha | Whole-Time Director | 19 Apr 2023 | 3 Years 5 Months | Current |
| Priya Ashok Kher | Director | 18 Mar 2024 | 2 Years 6 Months | Current |
|
Subhra Gourisaria
Also directs:
Tq Cert Services Private Limited, Tpl Services Private Limited, Tcc Construction Private Limited and 1 more
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Additional Director | 15 Sep 2025 | 1 Years 0 Months | Current |
Financials of Artson Limited FY 2025-26 filings available
Artson Limited reported revenue of ₹163.58 Cr (up 44.06% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 164 | 114 | 128 | 131 | 173 | 150 | 163 |
| Revenue growth | +45.7% | +1.7% | -19.6% | -14.4% | +13.5% | -3.5% | -1.3% |
| EBITDA | (5.51) | (2.49) | 13.99 | (10.55) | 6.71 | 4.09 | 11.47 |
| EBITDA margin | -3.4% | -2.2% | +10.9% | -8.0% | +3.9% | +2.7% | +7.0% |
| Profit before tax | (16.19) | 4.80 | 2.31 | (20.95) | (4.36) | (5.11) | 6.23 |
| Net profit | (10.88) | 3.49 | 6.06 | (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) | 0.94 | 1.64 | (6.37) | (1.36) | (1.54) | (0.20) |
| Balance sheet | |||||||
| Total assets | 56.64 | 55.28 | 65.47 | 44.70 | 53.87 | 54.48 | 64.31 |
| Net worth | 0.38 | 4.69 | 0.91 | (15.19) | 0.49 | 0.11 | 5.16 |
| Total debt | 54.01 | 49.39 | 63.68 | 59.16 | 52.78 | 53.81 | 58.38 |
| Cash & bank | 0.00 | 5.01 | 0.13 | 1.71 | 1.04 | 1.83 | 1.76 |
| Net working capital | 36.90 | 44.65 | 43.29 | 25.93 | 32.77 | 31.74 | 40.08 |
| Cash flow | |||||||
| Cash from operations | (5.48) | 20.44 | (3.78) | (4.44) | 14.20 | 15.89 | (12.87) |
| Cash from investing | 4.62 | 7.34 | (1.28) | (2.41) | (1.72) | (2.41) | (4.75) |
| Cash from financing | (4.15) | (22.90) | 4.75 | 7.10 | (16.36) | 7.26 | (8.37) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.13 | 38.75 | 31.96 | 48.12 | 44.74 | 51.26 | 17.81 | 19.51 |
| Revenue growth (YoY) | -41.6% | -24.4% | +79.5% | +146.6% | +79.2% | +106.0% | -43.0% | -35.2% |
| Other income | 0.41 | 0.04 | 0.02 | 0.04 | 0.01 | 0.07 | 19.11 | 0.23 |
| Total expenses | 24.95 | 33.21 | 46.32 | 48.16 | 41.40 | 47.33 | 25.04 | 21.11 |
| EBITDA | 1.18 | 5.54 | (14.36) | (0.04) | 3.34 | 3.93 | (7.23) | (1.60) |
| EBITDA margin | +4.5% | +14.3% | -44.9% | -0.1% | +7.5% | +7.7% | -40.6% | -8.2% |
| Depreciation | 0.62 | 0.61 | 0.68 | 0.66 | 0.57 | 0.55 | 0.58 | 0.63 |
| Interest | 1.75 | 1.68 | 1.90 | 2.39 | 2.31 | 2.65 | 2.43 | 2.17 |
| Profit before tax | (0.78) | 3.29 | (16.92) | (3.05) | 0.47 | 0.80 | 8.87 | (4.17) |
| Tax | (0.36) | (0.06) | (4.69) | (0.80) | 0.25 | 0.19 | 2.48 | (1.16) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.13 | 38.75 | 31.96 | 48.12 | 44.74 | 51.26 | 17.81 | 19.51 |
| Revenue growth (YoY) | -41.6% | -24.4% | +79.5% | +146.6% | +79.2% | +106.0% | -43.0% | -35.2% |
| Other income | 0.41 | 0.04 | 0.02 | 0.04 | 0.01 | 0.07 | 19.11 | 0.23 |
| Total expenses | 24.95 | 33.21 | 46.32 | 48.16 | 41.40 | 47.33 | 25.04 | 21.11 |
| EBITDA | 1.18 | 5.54 | (14.36) | (0.04) | 3.34 | 3.93 | (7.23) | (1.60) |
| EBITDA margin | +4.5% | +14.3% | -44.9% | -0.1% | +7.5% | +7.7% | -40.6% | -8.2% |
| Depreciation | 0.62 | 0.61 | 0.68 | 0.66 | 0.57 | 0.55 | 0.58 | 0.63 |
| Interest | 1.75 | 1.68 | 1.90 | 2.39 | 2.31 | 2.65 | 2.43 | 2.17 |
| Profit before tax | (0.78) | 3.29 | (16.92) | (3.05) | 0.47 | 0.80 | 8.87 | (4.17) |
| Tax | (0.36) | (0.06) | (4.69) | (0.80) | 0.25 | 0.19 | 2.48 | (1.16) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 164 | 114 | 128 | 131 | 173 | 150 | 163 |
| Revenue growth | +45.7% | +1.7% | -19.6% | -14.4% | +13.5% | -3.5% | -1.3% |
| Other income | 0.11 | 19.47 | 0.66 | 0.98 | 0.87 | 2.04 | 6.59 |
| Total expenses | 169 | 116 | 114 | 142 | 166 | 146 | 152 |
| Employee cost | 20.45 | 17.14 | 13.80 | 13.95 | 13.53 | 12.88 | 13.44 |
| EBITDA | (5.51) | (2.49) | 13.99 | (10.55) | 6.71 | 4.09 | 11.47 |
| EBITDA margin | -3.4% | -2.2% | +10.9% | -8.0% | +3.9% | +2.7% | +7.0% |
| Depreciation | 2.52 | 2.40 | 2.04 | 1.21 | 1.17 | 1.06 | 1.81 |
| Interest | 8.27 | 9.78 | 10.30 | 10.17 | 10.77 | 10.18 | 10.02 |
| Profit before tax | (16.19) | 4.80 | 2.31 | (20.95) | (4.36) | (5.11) | 6.23 |
| Tax | (5.31) | 1.31 | (3.75) | 2.54 | 0.66 | 0.57 | 6.96 |
| Net profit | (10.88) | 3.49 | 6.06 | (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) | 0.94 | 1.64 | (6.37) | (1.36) | (1.54) | (0.20) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.69 | 3.69 | 3.69 | 3.69 | 3.69 | 3.69 | 3.69 |
| Reserves & surplus | (77.06) | (66.19) | (69.58) | (75.67) | (52.16) | (47.15) | (41.54) |
| Shareholders' funds (net worth) | 0.38 | 4.69 | 0.91 | (15.19) | 0.49 | 0.11 | 5.16 |
| Secured loans | 52.70 | 43.96 | 48.50 | 51.25 | 44.67 | 45.46 | 57.32 |
| Unsecured loans | 1.31 | 5.43 | 15.18 | 7.91 | 8.11 | 8.35 | 1.06 |
| Total debt | 54.01 | 49.39 | 63.68 | 59.16 | 52.78 | 53.81 | 58.38 |
| Total liabilities | 56.64 | 55.28 | 65.47 | 44.70 | 53.87 | 54.48 | 64.31 |
| Assets | |||||||
| Gross block | 25.70 | 23.41 | 25.90 | 19.97 | 18.28 | 15.65 | 14.90 |
| Net block | 13.57 | 13.79 | 16.59 | 12.22 | 11.08 | 9.62 | 9.78 |
| Capital work in progress | 3.34 | 0.00 | 0.20 | 0.00 | 0.00 | 0.27 | 0.25 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 15.16 | 29.81 | 24.39 | 30.87 | 9.16 | 11.60 | 17.21 |
| Sundry debtors | 33.86 | 61.94 | 45.22 | 53.52 | 57.21 | 63.80 | 31.64 |
| Cash & bank balances | 0.00 | 5.01 | 0.13 | 1.71 | 1.04 | 1.83 | 1.76 |
| Loans & advances | 50.41 | 57.42 | 53.50 | 45.66 | 52.02 | 74.57 | 84.93 |
| Total current assets | 99.43 | 154 | 123 | 132 | 119 | 152 | 136 |
| Total current liabilities | 62.53 | 110 | 79.95 | 106 | 86.66 | 120 | 95.46 |
| Net working capital | 36.90 | 44.65 | 43.29 | 25.93 | 32.77 | 31.74 | 40.08 |
| Total assets | 56.64 | 55.28 | 65.47 | 44.70 | 53.87 | 54.48 | 64.31 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.01 | 0.12 | 0.43 | (21.65) | (17.77) | (38.50) | (12.52) |
| Net cash from operating activities | (5.48) | 20.44 | (3.78) | (4.44) | 14.20 | 15.89 | (12.87) |
| Net cash from investing activities | 4.62 | 7.34 | (1.28) | (2.41) | (1.72) | (2.41) | (4.75) |
| Net cash from financing activities | (4.15) | (22.90) | 4.75 | 7.10 | (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 cash | 0.00 | 5.01 | 0.13 | 1.71 | 1.04 | 1.83 | 1.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +44.1% | -11.4% | -2.5% | -23.9% | +14.9% | -7.8% | +3.2% |
| EBITDA growth | -121.3% | - | +9998.0% | - | +64.1% | -64.3% | +151.5% |
| PBT growth | - | +107.8% | +9998.0% | -380.5% | +14.7% | - | +5091.7% |
| Net income growth | - | -42.4% | +9998.0% | -370.5% | +11.0% | -672.6% | +78.0% |
| 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 employed | 0.0% | +11.4% | +14.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | +4.9% | +21.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 20.39 | 20.23 | 0.00 | 0.00 | 177.66 | 21.29 | 8.46 |
| Long-term debt / equity | 5.40 | 4.86 | 0.00 | 0.00 | 31.27 | 5.78 | 2.01 |
| Interest cover | -102.99 | -200.00 | 86.19 | -86.48 | 194.40 | 335.97 | 103.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.66 | 4.61 | 5.59 | 6.87 | 10.18 | 9.84 | 14.24 |
| Inventory turnover | 7.28 | 4.19 | 4.64 | 6.57 | 16.63 | 10.43 | 9.16 |
| Debtors turnover | 3.42 | 2.12 | 2.60 | 2.37 | 2.85 | 3.15 | 4.88 |
| EPS (₹) | (2.95) | 0.94 | 1.64 | (6.37) | (1.36) | (1.54) | (0.20) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (19.87) | (16.93) | (17.85) | (19.50) | (13.13) | (11.77) | (10.25) |
Shareholding Pattern of Artson Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 25.00% of Artson Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% |
Charges & Borrowings of Artson Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2025 | Others | ₹25 Cr | Open |
| 03 Jan 2025 | The Catholic Syrian Bank Ltd | ₹40 Cr | Open |
| 08 Jan 2024 | Others | ₹5 Cr | Open |
| 24 May 2018 | Others | ₹38 Cr | Open |
| 11 Aug 2016 | Others | ₹20 Cr | Open |
Total charge records: 46 View all charges
Employees and EPFO Compliance at Artson Limited
Artson Limited has a workforce of 190 employees as of Apr 05, 2024.
Employee and EPFO history for Artson Limited
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GST Compliance of Artson Limited
GST registrations and filing compliance for Artson Limited
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Credit Ratings, Litigation & Regulatory Alerts for Artson Limited
Credit ratings, litigation, and regulatory alerts for Artson Limited
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MSME Payment Delays by Artson Limited
MSME payment history for Artson Limited
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Subsidiaries & Group Companies of Artson Limited
Corporate group structure for Artson Limited
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MCA Filings & Documents of Artson Limited
MCA filings and documents for Artson Limited
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Recent Activity on Artson Limited
Recent News on Artson Limited
Frequently Asked Questions about Artson Limited
Artson Limited is an active public limited company in the engineering sector based in Mumbai, Maharashtra, India. It was incorporated on 18 September 1978 (48+ years old) and is registered under CIN L27290MH1978PLC020644. Listed on BSE: 522134. The company has 190 employees.
Artson Limited reported revenue of ₹163.58 Cr for FY 2025-26 (up 44.06% YoY) based on standalone financials.
The current directors of Artson Limited are:
- Vinayak Ratnakar Pai - Director
- Ashish Prabhakar Kulkarni - Director
- Jyotisman Dasgupta - Director
- Shashank Shekhar Jha - Whole-Time Director
- Priya Ashok Kher - Director
- Subhra Gourisaria - Additional Director
- Neeraj Agrawal - Director
The primary industry of Artson Limited is engineering. The company specifically operates in engineering. The company is currently active in this sector.
Yes. Artson Limited is listed on BSE with code 522134.
Artson Limited can be reached at the registered office: 14Th Floor Cignus Plot No. 71A, Kailash Nagar Mayur Nagar Passpoli Powai, Mumbai, Maharashtra, India – 400087, or through the website artson.net.