Artemis Electricals and Projects Ltd (542670)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Artemis Electricals' revenue was ₹16.3 Cr (-17.6% year on year, -60.1% on the previous quarter), and net profit ₹1.3 Cr (-3.0% year on year); the operating margin was 13.4%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹16.3 | -17.6% | -60.1% |
| Operating profit | ₹2.2 | -1.1% | -48.2% |
| Net profit | ₹1.3 | -3.0% | -58.5% |
| EPS (₹) | 0.05 | +0.0% | -58.3% |
| Operating margin | 13.4% | — | — |
📢 Recent Corporate Announcements
Artemis Electricals and Projects Limited has declared an interim dividend of ₹0.006 per equity share of face value ₹1 for FY26. The board has established October 23, 2026, as the record date to determine eligible shareholders. The dividend payout is scheduled to be completed on or before November 14, 2026. Given the company's current share price of ₹15.9, the dividend yield from this interim distribution is minimal at approximately 0.04%.
- Interim dividend declared at ₹0.006 per equity share of face value ₹1 each
- Record date fixed as October 23, 2026, to determine shareholder eligibility
- Payment of interim dividend to be executed on or before November 14, 2026
- Board meeting concluded within 25 minutes (6:00 PM to 6:25 PM)
Artemis Electricals and Projects Limited has declared an interim dividend of ₹0.006 per equity share of face value ₹1 for FY26. The board has established October 23, 2026, as the record date to determine eligible shareholders. The dividend payout is scheduled to be completed on or before November 14, 2026. Given the company's current share price of ₹15.9, the dividend yield from this interim distribution is minimal at approximately 0.04%.
- Interim dividend declared at ₹0.006 per equity share of face value ₹1 each
- Record date fixed as October 23, 2026, to determine shareholder eligibility
- Payment of interim dividend to be executed on or before November 14, 2026
- Board meeting concluded within 25 minutes (6:00 PM to 6:25 PM)
Artemis Electricals and Projects Limited has submitted its Annual Report for FY 2025-26 along with the Notice of the 17th Annual General Meeting (AGM). The AGM is scheduled to take place on Wednesday, September 30, 2026, at 01:00 PM IST via Video Conferencing. Agenda items include adoption of FY26 financial statements, reappointment of a retiring director, appointment of Secretarial Auditors for a five-year term (FY27 to FY31), and approval of related-party transactions.
- 17th Annual General Meeting scheduled for September 30, 2026 at 01:00 PM IST via VC/OAVM
- Annual Report submitted for the financial year ended March 31, 2026 under Regulation 34 of SEBI LODR
- Proposal to appoint M/s Ketan Vyas & Company as Secretarial Auditors for a 5-year tenure (FY 2026-27 to FY 2030-31)
- Shareholder approval sought for Related Party Transactions under Section 188 of the Companies Act, 2013
Artemis Electricals and Projects Limited has released its Q1 FY27 investor presentation detailing its ongoing business transition from an OEM model to turnkey EPC and MEP project execution. The filing highlights progress at its subsidiary, Artemis Opto Electronic Technologies, which has acquired 506.42 acres for an Electronics Manufacturing Cluster (EMC 2.0) project in collaboration with Central Electronics Limited and Rajasthan Electronics Limited. The company also highlighted retail expansion via a ~12,000 sq. ft. lighting store in Vasai and a portfolio track record of 758+ completed projects.
- Subsidiary AOETPL holds 506.42 acres ready for development under the MeitY EMC 2.0 electronics cluster scheme
- Opened a ~12,000 sq. ft. commercial and residential lighting showroom in Vasai
- Track record shows 758+ completed projects across public infrastructure, smart cities, and hospitality sectors
- Strategic pivot finalized from low-margin O&M/OEM contracts to turnkey EPC/MEP execution
Artemis Electricals reported a weak Q1 FY27 with standalone revenue of ₹16.27 Cr, representing a 17.6% decline from ₹19.75 Cr in the same quarter last year and a sharp 60% drop from the preceding quarter. Net profit followed suit, declining to ₹1.31 Cr from ₹1.37 Cr YoY. The company is undergoing a strategic shift, with management noting that factory manufacturing is currently 'negligible' as they focus on project-based work. A significant related-party contract for a Lithium-ion battery plant with Electroforce (India) Ltd is underway, with commissioning now targeted for March 2027.
- Revenue from operations fell 17.6% YoY to ₹16.27 Cr from ₹19.75 Cr.
- Net profit for the quarter stood at ₹1.31 Cr, a slight decrease from ₹1.37 Cr in June 2025.
- Management confirmed manufacturing activities at factory premises are currently 'minimal/negligible'.
- Lithium-ion battery plant commissioning timeline is set for March 2027.
- Auditors highlighted a lack of segment-wise reporting (Ind AS 108) due to unavailable information.
Artemis Electricals and Projects Ltd reported a weak Q1 FY27 with revenue from operations declining 17.6% YoY to ₹16.27 Cr. Net profit saw a marginal decline of 4.4% YoY to ₹1.31 Cr, while sequentially, revenue crashed 60% from ₹40.75 Cr in Q4 FY26. The company is undergoing a structural shift, with auditors noting that traditional manufacturing activities are now 'negligible' as the focus moves toward project-based work. A significant related-party contract for a Lithium-ion battery plant is currently in progress, with a commissioning target of March 2027.
- Revenue from operations dropped to ₹16.27 Cr in Q1 FY27 compared to ₹19.75 Cr in Q1 FY26.
- Net profit for the quarter stood at ₹1.31 Cr, down from ₹1.37 Cr in the corresponding previous year quarter.
- Management envisages the commissioning of a new Lithium-ion battery plant by March 2027.
- Auditors issued an 'Emphasis of Matter' regarding the lack of segment reporting and negligible manufacturing activity at factory premises.
- Direct expenses remained high at ₹13.56 Cr, consuming 83.3% of the total revenue for the quarter.
Artemis Electricals and Projects Ltd has scheduled a board meeting for August 13, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company reported a TTM revenue of ₹81 Cr and a PAT of ₹9 Cr. Investors will be monitoring if the company can maintain the high revenue momentum seen in the March 2026 quarter (₹40.75 Cr) compared to the significantly lower December 2025 quarter (₹4.26 Cr). The stock has faced significant pressure, declining 45.3% over the past 12 months.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results.
- Results will cover the three-month period ended June 30, 2026.
- Trading window for designated persons is closed until 48 hours after the results are declared.
- Company reported a TTM PAT of ₹9 Cr against a market cap of ₹370 Cr.
- Previous quarter (March 2026) revenue stood at ₹40.75 Cr, representing approximately 50% of total TTM revenue.
Financial Performance
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