Artefact Projects Ltd (531297)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Artefact Projects' revenue was ₹3.2 Cr (+43.3% year on year, -77.9% on the previous quarter), and net profit ₹0.9 Cr (-7.5% year on year); the operating margin was 35.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.2 | +43.3% | -77.9% |
| Operating profit | ₹1.1 | +97.9% | -1.0% |
| Net profit | ₹0.9 | -7.5% | +9.7% |
| EPS (₹) | 1.30 | -7.1% | +10.2% |
| Operating margin | 35.6% | — | — |
📢 Recent Corporate Announcements
Artefact Projects has received a Letter of Award for a project management consultancy order worth Rs 21.13 crore (exclusive of GST) from South Central Railway. Executed in joint venture with AVOK Engineering Consulting & Contracting and TUMAS Turkish Engineering, this marks the company's first Railway Consultancy project. The contract period is 24 months, with a performance guarantee requirement of 5% of contract value. Relative to Artefact's TTM revenue of Rs 36 crore, this single order represents approximately 58.7% of annual revenue.
- Contract fee awarded is Rs. 21,12,89,143.54 (exclusive of GST)
- Execution timeline set for 24 months from award
- Requires a performance guarantee equivalent to 5% of contract value
- Marks the company's first-ever project in the Railway Consultancy sector
Artefact Projects Ltd has announced revised dates for its book closure and cut-off for e-voting in connection with its upcoming 38th Annual General Meeting (AGM). The Register of Members and Share Transfer Books will be closed from September 18, 2026, to September 24, 2026 (both days inclusive). The cut-off date to determine shareholder eligibility for e-voting at the AGM is set for September 18, 2026. This announcement is a routine administrative compliance update.
- Book closure period set from September 18, 2026 to September 24, 2026 (both days inclusive)
- Cut-off date for e-voting eligibility fixed as September 18, 2026
- Meeting convened is the 38th Annual General Meeting of the company
- Revision issued due to a clerical error in the previous member register closure filing
Artefact Projects Ltd has announced the book closure dates and cut-off date for its upcoming 38th Annual General Meeting (AGM). The Register of Members and Share Transfer Books will be closed from September 18, 2026, to September 24, 2026 (both days inclusive). The cut-off date for e-voting eligibility is fixed as September 18, 2026, with remote e-voting scheduled from September 21 to September 23, 2026. No dividend has been recommended for this book closure.
- Book closure period set from September 18, 2026 to September 24, 2026
- Cut-off date for AGM e-voting eligibility is September 18, 2026
- E-voting window runs from September 21, 2026 to September 23, 2026
- Meeting pertains to the company's 38th Annual General Meeting
Artefact Projects Ltd has announced the closure of its Register of Members and Share Transfer Books from September 18, 2026, to September 24, 2026 (both days inclusive). The book closure is scheduled for conducting the company's 38th Annual General Meeting (AGM). The cut-off date to determine eligibility for e-voting has been set as September 18, 2026. This is a standard statutory corporate compliance intimation.
- Book closure period scheduled from September 18, 2026 to September 24, 2026
- Cut-off date for AGM e-voting eligibility fixed as September 18, 2026
- Corporate action conducted for the 38th Annual General Meeting
- Filing submitted under Regulation 42 of SEBI LODR Regulations
Artefact Projects Ltd has submitted its Integrated Annual Report for FY 2025-26 along with the notice for its 38th Annual General Meeting scheduled for September 24, 2026. Standalone revenue from operations for FY26 reached Rs 3,225.18 Lacs (Rs 32.25 Cr), rising 7.3% from Rs 3,004.62 Lacs in FY25. However, PAT contracted to Rs 522.61 Lacs from Rs 743.03 Lacs in the previous year. No dividend was proposed for FY26 (compared to Rs 0.50 per share in FY25), and remote e-voting is set for September 21-23, 2026.
- Gross receipts from operations grew to Rs 3,225.18 Lacs in FY26 from Rs 3,004.62 Lacs in FY25
- Net profit after tax declined 29.7% to Rs 522.61 Lacs in FY26 compared to Rs 743.03 Lacs in FY25
- 38th AGM scheduled for September 24, 2026, with remote e-voting from September 21 to September 23, 2026
- Dividend proposed for FY 2025-26 is NIL, compared to Rs 0.50 per share in FY 2024-25
Artefact Projects Limited has issued the notice for its 38th Annual General Meeting (AGM) scheduled to be held on September 24, 2026. Key agenda items comprise standard ordinary business, including the adoption of audited financial statements for FY2025-26 and the re-appointment of director Mrs. Ankita Shah, who retires by rotation. The company's Register of Members and Share Transfer Books will be closed from September 18 to September 24, 2026. Remote e-voting facilities will be provided to shareholders via CDSL.
- 38th AGM scheduled to be held on Thursday, September 24, 2026 at 11:30 AM IST
- Book closure fixed from September 18, 2026 to September 24, 2026 (both days inclusive)
- Ordinary business includes adoption of audited financial statements for FY ended March 31, 2026
- Director Mrs. Ankita Shah (DIN: 06772621) retires by rotation and offers herself for re-appointment
Artefact Projects reported a Q1 FY27 net profit of ₹0.94 Cr, a slight decline from ₹1.02 Cr in the same quarter last year. The company implemented a new accounting policy, recognizing revenue only upon client approval (primarily NHAI/PWD), which led to a ₹5.18 Cr reduction in reported sales for the quarter. Consequently, reported profits were lower by ₹2.13 Cr, while Work in Progress (WIP) increased by ₹3.05 Cr. Total income for the quarter stood at ₹3.89 Cr, showing a marginal increase from ₹3.52 Cr YoY.
- Net Profit for Q1 FY27 stood at ₹0.94 Cr compared to ₹1.02 Cr in Q1 FY26.
- Accounting policy change reduced reported sales by ₹5.18 Cr and profits by ₹2.13 Cr for the quarter.
- Work in Progress (WIP) increased by ₹3.05 Cr due to unbilled proforma invoices pending client approval.
- Revenue from operations (net of GST) was ₹3.17 Cr, up from ₹2.21 Cr in the corresponding previous quarter.
- Management maintains that ₹8.52 Lakhs in investments in co-operative banks remain fully recoverable despite no impairment provision.
Artefact Projects reported a Q1 FY27 net profit of ₹0.94 Cr, down 8% from ₹1.02 Cr in the same quarter last year. The results were significantly impacted by a new accounting policy that recognizes revenue only after formal client approval (NHAI/PWD), rather than on a proforma basis. This change led to a reduction in reported sales by ₹5.18 Cr and a reduction in profits by ₹2.13 Cr for the quarter. Despite the accounting shift, reported revenue of ₹3.17 Cr grew 43% YoY from ₹2.21 Cr.
- Net Profit for Q1 FY27 stood at ₹0.94 Cr compared to ₹1.02 Cr in Q1 FY26.
- Revenue from operations reported at ₹3.17 Cr, which would have been ₹8.35 Cr under the previous accounting policy.
- New accounting policy resulted in a ₹3.05 Cr increase in Work in Progress (WIP) for the quarter.
- The accounting change reduced reported quarterly profits by ₹2.13 Cr.
- Earnings Per Share (EPS) for the quarter was ₹1.30, down from ₹1.40 in the year-ago period.
Artefact Projects has scheduled a board meeting on August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company, a micro-cap with a market capitalization of ₹38 Cr, reported a TTM revenue of ₹32 Cr and a PAT of ₹5 Cr. Investors will be monitoring if the company can sustain the higher revenue levels seen in the March 2026 quarter (₹14.33 Cr) compared to the June 2025 quarter (₹2.21 Cr). The trading window for insiders remains closed until 48 hours after the results are declared.
- Board meeting scheduled for August 11, 2026, at 4:00 p.m. to approve Q1 results
- Financial results pertain to the quarter ended June 30, 2026
- Trading window for designated persons closed from July 1, 2026
- Company reported a TTM EPS of ₹7.31 as of the latest available data
- Market capitalization stands at ₹38 Cr against a net worth of ₹71 Cr
Artefact Projects Limited has secured a Letter of Award from the National Highways Authority of India (NHAI) for supervision consultancy services. The project involves the Operation & Maintenance (O&M) stage of the 70.2 km Bilaspur-Urga section of NH-130A in Chhattisgarh. The contract is valued at Rs 3.08 crore (exclusive of GST) and will be executed over a 38-month period in association with KCS Engineering Private Limited.
- Contract value of Rs 3,08,32,000 (exclusive of GST) awarded by NHAI
- Project duration fixed at 38 months for supervision services
- Covers a 70.2 km stretch of NH-130A from design Ch. 0.000 to Ch 70.200
- Project to be executed in association with M/s KCS Engineering Private Limited
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