Artson

Mumbai, India Founded: 1998 • Age: 28 yrs Listed
Process equipment and steel structures are manufactured for industrial sectors.

About Artson

Artson is a publicly listed company based in Mumbai (India) founded in 1998. Process equipment and steel structures are manufactured for industrial sectors. The company has 190 employees. Its Indian entity Artson Limited reported revenue of β‚Ή164 Cr.

Company details

Founded in 1998 and based in Mumbai, India, Artson specializes in the production of pressure vessels, heat exchangers, storage tanks, and columns. These items serve the oil and gas, petrochemical, power, and metallurgical industries. Fabrication services include technological structures, ship components, and industrial piping. Turnkey solutions for capital repairs and plant upgrades are offered, alongside engineering support from concept development through to commissioning.

  • Headquarters Mumbai, India
  • Employees 190
  • Stage Public
  • Website artson.net
  • Legal Name Artson Ltd
Key Metrics
  • Market Cap
    ₹503 Cr

    ARTSON · BSE

  • Share Price
    ₹137.70

    +1.14% 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

  • Employee Count
    190

Board of directors of Artson Limited (Artson)

Artson Limited is the primary company behind Artson. The board of Artson Limited currently have 7 directors; the longest-serving is Vinayak Ratnakar Pai, appointed in 2022. 38 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vinayak Ratnakar Pai
DIN 03637894
Director23 May 20224 yrs 5 moArtson Limited
Jyotisman Dasgupta
DIN 10116452
Director19 Apr 20233 yrs 6 moArtson Limited
Shashank Shekhar Jha
DIN 10116448
Whole-time director19 Apr 20233 yrs 6 moArtson Limited
Ashish Prabhakar Kulkarni
DIN 10551684
Director18 Mar 20242 yrs 7 moArtson Limited
Priya Ashok Kher
DIN 10552950
Director18 Mar 20242 yrs 7 moArtson Limited
Subhra Gourisaria
DIN 11284765
Additional Director15 Sep 20251 yr 1 moArtson Limited
Neeraj Agrawal
DIN 08839302
Director25 Mar 20267 moArtson Limited

People of Artson

7 people are tracked at Artson (3 in leadership, 4 in team); the tracked headcount is 190.

NameRoleGroup
Chief Executive OfficerLeadership
Saket Mathur
Chief Operating OfficerLeadership
Sarika Chavan Gore
General Manager And Head HRLeadership
Manish Tiwari
Senior Commercial ManagerTeam
Arshdeep Sharma
Human Resources SpecialistTeam
Bisal Nayak
Administrative AssistantTeam
Ismail Khan
Assistant ManagerTeam
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IPO & Listings of Artson

Artson is a publicly listed company on the BSE with ticker symbol ARTSON in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Oct 1992
  • Listed onBSE: ARTSON
  • Listed entityArtson Ltd
  • Exchange sectorProducer manufacturing
  • ISININE133D01023
  • Share price₹149.45 (-2.26% on the day) · 2026-10-14
  • Market capitalisation₹565 Cr
  • Price to earnings124.2
  • EPS (diluted, trailing year)₹-3.12
  • Volume (last session)10,976

Financials of Artson

Exchange-reported figures of Artson Limited, the listed company behind Artson (BSE: ARTSON).

Financial Highlights

FY 2025-26 Β· 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 (β‚Ή)(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 04 Nov 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 (β‚Ή)(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 (β‚Ή)(2.95)0.941.64(6.37)(1.36)(1.54)(0.20)
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)(19.87)(16.93)(17.85)(19.50)(13.13)(11.77)(10.25)

Web traffic of Artson

The website of Artson (artson.net) receives about 2.3K visits a month.

  • Monthly visits
    2.3K

    ▲ 28.5% vs previous month

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Frequently Asked Questions about Artson

Artson was founded in 1998.

Artson is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Artson has 190 employees.

The primary company behind Artson, Artson Limited, reported revenue of β‚Ή164 Cr for FY 2026, up 44% year on year.

Founded in 1998 and based in Mumbai, India, Artson specializes in the production of pressure vessels, heat exchangers, storage tanks, and columns. These items serve the oil and gas, petrochemical, power, and metallurgical industries. Fabrication services include technological structures, ship components, and industrial piping. Turnkey solutions for capital repairs and plant upgrades are offered, alongside engineering support from concept development through to commissioning.

Yes, Artson is publicly traded on BSE under the ticker symbol ARTSON.

Artson operates through Artson Limited.

The legal entities of Artson currently have 9 directors, including Vinayak Ratnakar Pai, Ashish Prabhakar Kulkarni, Jyotisman Dasgupta and others.

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