ScoreWhy is Artefact Projects Ltd ?
1
Weak Long Term Fundamental Strength with a 0.10% CAGR growth in Net Sales over the last 5 years
- The company has been able to generate a Return on Equity (avg) of 9.50% signifying low profitability per unit of shareholders funds
2
Negative results in Mar 26
- PAT(Latest six months) At Rs 2.66 cr has Grown at -62.11%
- ROCE(HY) Lowest at 9.86%
- CASH AND CASH EQUIVALENTS(HY) Lowest at Rs 2.23 cr
3
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 29-May-26
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -22.00% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
Real-Time Research ReportHow much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Commercial Services & Supplies)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Artefact Project for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Artefact Project
-22.0%
-0.50
44.17%
Sensex
-5.12%
-0.38
13.26%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
0.10%
EBIT Growth (5y)
3.37%
EBIT to Interest (avg)
2.54
Debt to EBITDA (avg)
2.79
Net Debt to Equity (avg)
0.18
Sales to Capital Employed (avg)
0.43
Tax Ratio
22.06%
Dividend Payout Ratio
4.90%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.54%
ROE (avg)
9.50%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
37
Price to Book Value
0.58
EV to EBIT
11.76
EV to EBITDA
10.76
EV to Capital Employed
0.64
EV to Sales
1.67
PEG Ratio
NA
Dividend Yield
0.83%
ROCE (Latest)
5.48%
ROE (Latest)
7.58%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend2What is working for the Company
NET SALES(9M)
Higher at Rs 30.04 cr
-10What is not working for the Company
PAT(Latest six months)
At Rs 2.66 cr has Grown at -62.11%
ROCE(HY)
Lowest at 9.86%
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 2.23 cr
EPS(Q)
Lowest at Rs 1.18
Loading Valuation Snapshot...
Here's what is working for Artefact Project
Net Sales - Nine Monthly
Higher at Rs 30.04 cr
than preceding 12 month period ended Mar 2026 of Rs 29.13 crMOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Sales (Rs Cr)
Here's what is not working for Artefact Project
Profit After Tax (PAT) - Latest six months
At Rs 2.66 cr has Grown at -62.11%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 1.18
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 2.23 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
